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other than 10'lt, used a percentage of. 3% to 320. Only
<br />one city reported a rate above t O "0 (11 %). Three cities
<br />did not list the rate.
<br />Table 2 lists the fixed Cee cash dedication Car
<br />commercial- industrial property contained in the
<br />surveys. The overall average tee for commercial
<br />property is 310,500 per acre. If the two highest fees
<br />($50,000 and $90,000) are removed, then the average
<br />fee drops to 34,900. For industrial property, the
<br />overall average is $6,700 /acre. The average drops
<br />to almost $4,600 /acre when the high fee (350,000)
<br />is removed.
<br />Next Steps
<br />Some survey respondents indicated interest in
<br />participating in a discussion forum on park dedication
<br />"best practices ". I -IKGi plans to conduct this forum in
<br />this summer. Participants will be contacted via email
<br />with date and schedule for the forum.
<br />Participating Cities
<br />HKGi extends its sincere thanks to the following
<br />cities that participated in the 2007 Park Dedication
<br />Survey.
<br />Andover
<br />Arden I-Iills
<br />Bloomington
<br />Buffalo
<br />Cloquet
<br />Crystal
<br />Eagan
<br />Eden Prairie.
<br />Excelsior
<br />Forest Lake
<br />Grand Rapids
<br />Lakeville
<br />Mankato
<br />Mound
<br />North Branch
<br />Owatonna
<br />Red Wing
<br />Savage
<br />St. Michael
<br />Wayzata
<br />Apple Valley
<br />Bemidji
<br />Brooldyn Center
<br />Chanhassen
<br />Cottage Grove
<br />Duluth
<br />East Bethel
<br />Elk River
<br />Faribault
<br />Fridley
<br />Ham Lalce
<br />Little Canada
<br />Minneapolis
<br />Mounds View
<br />Northfield
<br />Plymouth
<br />Robbinsdale
<br />South St. Paul
<br />St. Paul
<br />Willmar
<br />Fixed Fee Cosh Deciica
<br />Commercial
<br />Fee per acre
<br />51,000
<br />1.000
<br />1.000
<br />1,200
<br />2,000
<br />2,300
<br />2,500
<br />3,000
<br />4,000
<br />4,000
<br />4,200
<br />4,738
<br />5,700
<br />6,400
<br />6,615
<br />7,000
<br />7,058
<br />7,500
<br />7,800
<br />11,000
<br />12,500
<br />50,000
<br />90,000
<br />8,125 to 13,875
<br />Fee per 1,000 sf of building
<br />705
<br />1,737
<br />Minnetonka
<br />New Brighton
<br />Orono
<br />Prior Lake
<br />Rosemount
<br />St. Anthony
<br />Stillwater
<br />Woodbury
<br />Table 2
<br />on - Commercial /Industrial Property
<br />lndus«ial
<br />Other - Other -
<br />17Pe unount
<br />51,000
<br />1,000
<br />1,000
<br />1,200
<br />NA
<br />2,300
<br />2,500
<br />2,000
<br />4,000
<br />4,000
<br />4,200
<br />3,966
<br />5,475
<br />6,400
<br />2,205
<br />3,600
<br />7,693
<br />7,500
<br />7,800
<br />11,000
<br />12,500
<br />NA
<br />50,000
<br />470
<br />437
<br />NA
<br />NA
<br />NA
<br />PUD 1,200
<br />NA
<br />NA
<br />NA
<br />Public/
<br />institutional
<br />2,000
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />NA
<br />Business park 85,000
<br />Moorhead
<br />New Hope
<br />Otsego
<br />Ramsey
<br />Roseville
<br />St. Cloud
<br />Victoria
<br />Worthington
<br />Hotel 235
<br />NA
<br />Founorernfarmation ubaatparkdediedtian, cantaet6reglitgraham( 6tL25L713Vg leg@ hkgi: rom)' arRustyFi6e ld(61.22327133- ntsry@hkgtrom)
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