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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 87 - 24 <br /> <br />RESOLUTION ESTABLISHING THE PARK DEDICATION FEE ON NEW <br />SUBDIVISIONS AND MULTI-FAMILY DWELLING UNITS <br /> <br />WHEREAS, the City Council of the City of Elk River, in Ordinance <br />87-1, established that the City Council can require a <br />fixed fee to be paid for park dedication purposes and <br />that this fee shall be set by resolution of the City <br />Council, and; <br /> <br />WHEREAS, the Elk River Council has received and reviewed a <br />recommendation from the Elk River Recreation Board <br />recommending that this park dedication fee be increased <br />to $200 per lot or dwelling unit based on the need for <br />additional funds to provide recreation opportunities and <br />based on the increased land value in the City of Elk <br />River, and; <br /> <br />WHEREAS, the Elk River City Council discussed this recommendation <br />at its May 4, 1987, meeting and concurred with the <br />recommendation from the Recreation Board. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Elk River that park dedication fees paid to the City in <br />lieu of 10% of the undeveloped land shall be set at $200 <br />per lot or dwelling unit. <br /> <br />Passed and adopted this 18th day of May, 1987 by the City Council <br />of the City of Elk River. <br /> <br />~~ <br /> <br />~ene Schuldt, Vice Mayor <br /> <br />ATTEST: <br /> <br />7iZ;d ~ K/~ <br /> <br />Patrick D. Klaers, City Administrator <br />