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06/04/1990 Park Board Packet
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06/04/1990 Park Board Packet
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9/14/2021 3:03:01 PM
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
06/04/1990
Park Bd Meeting Type
Regular
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-11- <br /> TABLE II <br /> r1 PARK - CASH DEDICATION <br /> CITY DENSITY UNITS/ACRE CASH DEDICATION <br /> Arden Hills <br /> RESIDENTIAL/COMMERCIAL/INDUSTRIAL <br /> The cash equivalent of the undeveloped land value using the same percentage as <br /> land dedication formula. <br /> Coon Rapids <br /> Single Family $ 384/unit <br /> Two Family $ 326/unit <br /> Townhouses $ 286/unit <br /> Mobile Homes $ 291/unit <br /> Multi $ 238/unit <br /> COMMERCIAL <br /> 3 % of the fair market value with a maximum of $1152 (3x Single Family) <br /> INDUSTRIAL <br /> 5 % of the fair market value with a maximum of $1152 (3x Single Family) <br /> Eagan <br /> Single Family or duplex $ 471/unit <br /> Townhouse $ 385/unit <br /> Apartments & condominiums $ 309/unit <br /> COMMERCIAL/INDUSTRIAL <br /> The cash equivalent of $ 0.044/S.F. of development less roadways. <br /> Eden Prairie <br /> Single Family $ 420/unit <br /> AU other $ 320/unit <br /> COMMERCIAL/INDUSTRIAL <br /> The cash equivalent of $ 2,300/acre. <br /> Fridley <br /> Single Family $ 1,500/unit <br /> Multi Family $ 500/unit <br /> COMMERCIAL/INDUSTRIAL <br /> The cash equivalent of 3 % of the undeveloped land value. <br /> Lakeville <br /> Single Family* $ '500/unit <br /> Duplex* $ 11000 <br /> Apartments/Townhouse/Condominium* $ 335/unit + $ 100 <br /> above the first bedroom. <br /> *In addition, a $ 135/dwelling unit trail fee is required from all developers <br /> COMMERCIAL/INDUSTRIAL <br /> The cash equivalent of $ 2,500/acre. <br />
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