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-16- <br /> TABLE IV (cont 'd) <br /> EXAMPLE No. 2 = Multi Family Residential <br /> This example consists of an apartment complex of 113 dwelling units upon 7.25 <br /> acres (density: 15.6 units/acre) . The complex is in the City of vadnais Heights <br /> and has begun construction in late 1987. The park dedication is an estimate <br /> based upon an appraised undeveloped land value of $12, 000/acre or a total land <br /> value of $87, 000. <br /> CITY CASH DEDICATION LAND DEDICATION <br /> Plymouth $ 64, 975 1.56 acres <br /> Fridley $ 56,500 0.72 " <br /> Lakeville -$ 48,720 ---- <br /> Lino Lakes $ 45,200 0.72 " <br /> White Bear Twp. $ 36,725 0.72 <br /> Eden Prairie $ 36,160 ---- <br /> White Bear Lake $ 35,000 0.72 <br /> Eagan $ 34, 917 ---- <br /> Vadnais Heights* $ 29,380 0.72 <br /> Coon Rapids $ 26, 894 1.30 <br /> Oakdale $ 24, 860 1.81 " <br /> Woodbury $ 22, 600 ---- <br /> Mahtomedi $ 22, 600 0.50 " <br /> Vadnais Heights** $ 17, 400 1.45 <br /> Arden Hills $ 13,040 1.09 " <br /> Little Canada $ 11,300 0.72 <br /> Roseville $ 8, 700 0.72 " <br /> Shoreview $ 8,700 0.72 " <br /> * Estimated park dedication based upon the recommendations in this report . <br /> ** Estimated park dedication based upon existing ordinance. <br />