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• 2% of plat area plus amount based on number <br />ofoff-street parking spaces. <br />• Per capita adjusted for type of housing. <br />• 929 square feet per single family unit and 666 sf <br />per multi-family unit. <br />Table 1 lists the fixed fee cash dedication for <br />residential property reported in the surveys. The <br />average fee for single family homes is almost $2,600. <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 parkdedication <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 />so <br />ao <br />30 <br />20 1I <br />13 13 <br />to 0 <br />t <br />° - -~- -~- <br />Cashorland Cash or land Fixed rate per Other method No response <br />equal to l0%of equalto other acre of land <br />land value/area ^d of land <br />value/area <br /> <br />?able 7 <br />Fixed Fee Cash Dedication -Residential Property <br />Single Family Duplex Townhouse Multi-family Mobile Nome <br />$256 5256 $184 $184 $256 <br />475 475 175 * 175 * 175 <br />625 625 625 313 <br />soo soo aoo 800 soo <br />1,000 1,000 1000 1,000 1,000 <br />L1oD <br />1,196 792 792 792 <br />1,300 1,300 1,300 1,300 1,300 <br />7,500 1,500 7,500 1,500 <br />1500 7so 7so soo <br />1500 1,aoo z,ooo 1500 1,000 <br />Lsso 1550 1550 1550 <br />1,600 3,200 <br />1500 1500 t,eoo 1,aao 1,800 <br />2,000 1,500 1,500 1,500 2,000 <br />z,ooo 2,000 z,ooo 2,000 2,000 <br />z,ooo z,ooo 2,000 z,ooo z,ooo <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 />z,sao z,soo z,soo z,soo <br />2,500 2,500 2,500 2,500 <br />z,soo <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 />*$175/bedroom <br />Page3 <br />