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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 7.2 <br />Agenda Section Meeting Date Prepared by <br />Public Hearings April 19, 2021 Zack Carlton, Planning Manager <br />Item Description Reviewed by <br />Fee Schedule: Park Dedication Fees Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Adopt, by motion, an ordinance amending the 2021 City of Elk River Fee Schedule. <br /> <br />Background/Discussion <br />On February 16, 2021, the City Council reviewed the park dedication fees as outlined in the city fee schedule. Of <br />specific concern was the per unit rate for high-density residential developments. The Council believed the current <br />rate discourages larger apartment projects and directed staff to amend the fee schedule to cap park dedication at <br />$500,000 for high-density residential projects. The change will impact projects larger than 100 units. <br /> <br />The attached ordinance amends the fee schedule as directed. <br /> <br />Council reviewed the rental dwelling ordinance and fees previously. There was a charge for Single Family <br />Conversion inadvertently left in the fee schedule. This fee will be removed from the schedule as well. <br /> <br />Financial Impact <br />Large apartment projects will pay less park dedication per unit. <br /> <br />Mission/Policy/Goal <br /> Meet changing needs <br /> Encourage residential development <br /> <br />Attachments <br /> Ordinance Amendment <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br /> Updated: August 2020 <br />