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CITY OF CHAMPLIN 4217624 P. 02 <br />,• (•IAP.-@3-1994 10 ~ 22 CITY OF F.'F+ht,;EY 612 427 5543 P .03103 <br />PARK DEDICATtOt~f SURVEY -CASH CONTR[BITTlONS <br />~~ . • *' RFStnFKTlet <br />ae Valley tOS6 of asaesssd land value <br />(currently using S2C,Ct70/acre} <br />~ Lakes ' 'Formula using raw tend valve, housing denstty <br />to arrive at amount equal to what a parcel <br />could be purchased fior. • <br />inhassen ' 'Single/Oetplex 5600,00 per unit park <br />33°/. or 5200 per unit tract <br />MultllApts 3525.00 per .unit park <br />St75.00 per unit trail <br />,~- <br />.netonka <br /><dale <br />-nsvitle <br />Stngte Family 5400.00 per unit <br />Town/Duplex 5300.00 per unit <br />Apartments $250.00 per unit <br />Single Family <br />Multi Family <br />Single Family <br />Duplex <br />Multi 'Family <br />3-4 units <br />Apt Complexes <br />C01r11M[ERCFALrtNDLt~ }fit <br />5% of Land or cash in lieu of land <br />(currently using 520,000/acre) <br />s200.oo per t,4oo sq <br />ft gross floor <br />are a <br />S3,OOO.OD per acre park <br />51,000.00 per acre trait <br />Office/lnQ $0.20 per square fool <br />Commercial $0,10 of buiidin area <br />$525.00 per unit 51,575,00 pgr acre <br />S42S.00 per unit , <br />{c25h dedication in lieu of 10% Jand dedicafiort} <br />5512.40 per unit Commercial 53,500.00 per acre <br />5581.00 per unit Industrial 52,OOD.00 per acre <br />5596.00 per unit <br />5752.00 per unit <br />~ska Greater of $1,000 'per acre or <br /> Single/Duplex 5475.00 per unit <br /> TawnhomeslQuad; 5300.00 per unit <br /> AptS/Condos 5250.00 per unit <br />. , <br />~odtaury <br />Single t=arnily <br />S725.b0 <br />per <br />tot <br /> Multi Family 5500.00. per unit <br /> Natalie Home 5350.00 per tat <br /> <br />-_ (land ` corttrbution Is 1~0°J. of value of gross acres} <br />\ <br />c Fsi~~ <br />' 'Single Family <br />5450.00 <br />per <br />unit v,rlo S&W <br /> with Si3~W <br />51,750.00 per 8cre <br />511600.00 per 'acre <br />51,000.00 per acre <br />51,500.00 per acre. <br />semount Single Family 5520.00 per unit 51,100.00 pflr acre <br />(based on S% of lartid value at <br />522,000 per acre} <br />or lake :single 3=a~.mily 5800.00 per unit St.oO per squats foci <br />(plus 5300 on each bldg permit <br />new constructton} <br />-~ Rates wttl be proposed to change during 1994 at some point - recommenda;ians not yet mad <br />' 'These are the recommended rates for 1994 -not necessarily adopted at this lime. <br />1 2!7/93 <br />• <br />• <br /> <br />