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9.1 SR 02-16-2021
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9.1 SR 02-16-2021
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4/21/2021 10:36:32 AM
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2/16/2021
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Background <br />■ January 2020 — Park dedication specific to Riverwalk <br />■ Cash dedication as no land was recommended <br />■ Concerns with HD rate - $4,897.04/unit <br />■ Discussed tiered HD rate and appraisal updates <br />■ Capped fee for any project - $500,000 noted. <br />■ Appraisal study did not identify enough varied rates to justify <br />multiple rates for HD — in addition to low/med. <br />■ Findings showed an increase to all tiers. <br />■ July 2020 — Council reviewed findings of appraisal study <br />■ No changes recommended to park dedication fee <br />
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