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06/04/1990 Park Board Packet
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06/04/1990 Park Board Packet
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Park Board
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Park Board Packet
Meeting Date
06/04/1990
Park Bd Meeting Type
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6- <br /> equivalent amount of land which could be required. <br /> Next an attempt is made to provide a perspective upon the various local <br /> government park dedication fees by using specific development examples. Table <br /> IV presents three different examples of actual developments within the City of <br /> Vadnais Heights together with the actual or probable resultant park dedications <br /> for the seventeen local governments. <br /> Example No.l <br /> This a single family residential development of 81 homes upon 42.84 acres. The <br /> park dedication for the City of Vadnais Heights was $ 33,544 which was in the <br /> lower half of the seventeen local governments surveyed. This cash dedication <br /> amount translates into $ 414 per dwelling which is similar to the set fee <br /> amounts used by a number of cities (Eagan, Eden Prairie, Coon Rapids, Lino <br /> Lakes, and Woodbury) . It is interesting to note (see Table II) that small <br /> residential developments in Vadnais Heights (less than 5 acres, both single <br /> family and multi-family) are not treated equally with respect to cash <br /> dedications per dwelling unit for developments greater than 5 acres in area. <br /> The cities of Shoreview, Oakdale, Little Canada and White Bear Township would <br /> likely find it very difficult to require land dedication instead of cash in the <br /> above example when the value of the land is more than 10, 000 greater than the <br /> cash dedication. Therefore it's not surprizing that cities sometimes have <br /> considerable difficulty in taking a land dedication (even though the future park <br /> may appear on their Comprehensive Plan) , because the developer realizes that <br /> this disparity exists. Finally, it important to raise the issue of the actual <br /> fair market value of the site used in this example (See note in Table IV) . If <br /> the fair market value of $ 16, 000 per acre is used instead of the appraised <br /> undeveloped land value shown ($ 8,700 per acre) , it is apparent that the cities <br /> of Arden Hills, Mahtomedi and Roseville would have park cash dedications of <br /> $ 68, 544 or 10 percent of the fair market value. While this is a very large <br /> increase in dedication, it must be stressed that it is perfectly equitable in <br /> the context of an ordinance which requires land or an equivalent amount in <br /> cash ! <br /> Example No. 2 <br /> This a multi.-family residential development of 113 apartment units on 7 .25 <br /> acres. It is evident in this example that there is a much larger spread of park <br /> dedication cash amounts. Vadnais Heights is in the lower half of the fourteen <br />
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