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<br />.~ <br /> <br />RESOLUTION 88 - 100 <br /> <br />. <br />RESOLUTION AMENDING 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 City 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 $350 per lot or dwelling unit based on the need for <br />additional funds to provide recreation opportunities <br />and based on the increased land value in the City of <br />Elk River, and; <br /> <br />WHEREAS, the adoption of this resolution adjusts the park <br />dedication fee adopted in Resolution 87-24. <br /> <br />NOW, <br /> <br />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 <br />$350 per lot or dwelling unit. <br /> <br />e, <br /> <br />Passed and adopted this 12th day of December, 1988 by the City <br />Council of the City of Elk River. <br /> <br />U::b~ tCJ ~Jd <br /> <br />Estelle Gunkel, Mayor <br /> <br />ATTEST: <br /> <br />~ l?t1~ <br /> <br />Patrick D. Klaers, City Administrator <br /> <br />. v' <br />