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296 of plat area plus amount based on number
<br />of )d- street parking spaces.
<br />• Per capita adjusted for type of housing.
<br />• 929 square Feet per single Famiiv unit and 666 sr'
<br />per multi-family unit.
<br />Table 1 lists We fixed fee cash dedication for
<br />residential property reported in the surveys. The
<br />average fee for single family homes is almost 52,600.
<br />For multi - family, the fee averages slightly less at
<br />$2,500 /unit.
<br />Commercial - industrial Property
<br />As noted earlier, eight cities do not currently require
<br />park dedication for non- residential property. The
<br />survey asked the city to select the response that
<br />matched the current park dedication requirements
<br />for commercial - industrial property. The potential
<br />requirements were:
<br />• Cash or land equal to 10% of land value /area
<br />• Cash or land equal to _% of land value /area (fill
<br />in percentage)
<br />• Fixed rate per acre of land. $(acre
<br />• Other method of calculation.
<br />The chart in Figure 4 summarizes the survey
<br />responses.
<br />The surveys show a generally less complicated
<br />approach to park dedication for commercial and
<br />industrial property. Thirty cities base park dedication
<br />on a specific percent of land area or property value.
<br />Fourteen of the seventeen cities that indicated a ratio
<br />Figure 4
<br />Reported Requirements for Commercial- Industrial Property
<br />50
<br />40
<br />30
<br />20
<br />13
<br />10 1 a
<br />Cash or land Cash or land Fixed rare per Other method No response
<br />equal 1010 %o( equal to other acre of land
<br />land value /area %of land
<br />value /area
<br />13®
<br />Table 1
<br />Fixed Fee Cash Dedication - Residential Properra
<br />Single Family 0uoiex 7o:vnhouse Mutt- ralaily Mobile Home
<br />5256 6256 6134 1184 3256
<br />475 75 175 175 - .�. 625 625 625 313
<br />800 800 800 800 300
<br />1,000 1,000 1,000 1,000 1,000
<br />1,100
<br />1,196 792 792 792
<br />1,300 1,300 1,300 1,300 1200
<br />1,500 1,500 1,500 1200
<br />1,500 750 750 500
<br />1,500 1,800 2,000 1,500 1,000
<br />1,550 1,550 1,550 1,550
<br />1,600 3,200
<br />1,800 1,800 1,800 1,800 1,800
<br />2,000 1,500 1,500 1,500 2,000
<br />2,000 2,000 2,000 2,000 2,000
<br />2,000 2,000 2,000 2,000 2,000
<br />2,375 2,375 2,375 2,375
<br />2,475 2,475 2,475 2,475
<br />2,500 2,500 2,500 2,500 2,500
<br />2,500 2,500 2,500 2,500
<br />2,500 2,500 ' 2,500 2,500
<br />2,500
<br />2,515 2,515 2,515 2,515 2,515
<br />3,000 3,000 3,000 3,000 3,000
<br />3,000
<br />3,230 3,230 3,230 3,230 3,230
<br />3,230 3,230 3,230 3,230
<br />3,300 3,300 3,300 3,300
<br />3,308 3,258 3,458 3,212
<br />3,400 3,400 3,400 3,400 3,400
<br />3,750 3,750 3,750 3,750 3,750
<br />4,000 4,000 4,000 4,000 4,000
<br />4,355 3,810'
<br />5,800 5,000 3,800 3,800
<br />6,000 6,000 6,000 6,000 6,000
<br />6,000 5,000 5,000 5,000
<br />6,300 5,400 4,700 4,900
<br />3,250 to 5,550
<br />*5175 /bedroom
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