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Patk ' V aftl p� Erzc Jiza. <br /> y a <br /> LEE _- _ _ INSURANCE& REAL ESTATE <br /> • ----- <br /> ��_ _ _ 3131 Fernbrook Lane-Suite 205 <br /> Minneapolis, Minnesota 55447 <br /> Telephone 559-2221 <br /> Personal 4111,--1.4.. RICHARD A.HELMBERGER <br /> Insurance ROLFE E.ANDERSON <br /> September 28, 1988 <br /> City of Elk River PE, <br /> ` <br /> Attn: Pat Klaers <br /> 720 Dodge Ave NW ' ft <br /> Elk River, MN 55330 r 45, <br /> Re: Park dedication fees <br /> Dear Pat, <br /> This letter is to update you on what other communities are doing relative to <br /> their park dedication fees. <br /> Following is a breakdown of the information I was able to obtain from various <br /> surrounding communities. <br /> Maple Grove: (Terry Jost) $454.00/unit or 10% of the raw land. <br /> • Andover: (Todd Haus) 10% of market value (assessed value) or 10% of raw land. <br /> The currently are evaluating their price structure. <br /> Plymouth: (Mary Patterson) $600.00/unit based on 2 units/acre or 10% of raw land. <br /> $2,850/acre for Commercial development or 10% of raw land. <br /> Champlin: (Bret Heitcamp) Residential-$1,400/acre, Medium density-$2,500/acre, <br /> Commercial-$5,000/acre or 10% of raw land. <br /> Anoka: (Patty Davis) $400./unit-Single family, $329./unit-Duplex, $365./unit- <br /> Townhouse, $258./unit-Mobilehome, $253./unit-Multiple unit or 5% of <br /> raw land, $1650./acre-Commercial or 3% of raw land. <br /> Coon Rapids: (Rick Pearson) $384./unit-Single family, $326./unit-Duplex, <br /> $286./unit-Townhouse, $291./unit-Mobilehome, $1152./acre- <br /> Commercial. <br /> I would appreciate it if you would inlude this information in our next meeting <br /> agenda so the recreation board can review this and come to some type of decision. <br /> Cordially, <br /> •Vetp E. natuLx21 <br /> Rolfe t. Anderson <br /> REA/cmt <br />