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Public Land DedicationWatermark 1st Addition <br />Total # Units =193 <br />x Park Dedication Fee $3,000 <br />= Cash in Lieu Value $579,000 <br />(Trail Construction Costs) =($56,560) <br />TOTAL CASH FEE DUE =$522,440 <br />29 <br />1.Land dedication for the public and private parks will be credited <br />from the total payment in lieu. (appraisals) <br />2.Costs for public park improvements and trail construction will <br />be credited from the total payment in lieu. <br />3.Improvements to the private parks and recreational center will <br />not be credited from the total payment in lieu.