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-17- <br /> TABLE IV (cont 'd) <br /> EXAMPLE No. 3 - Commercial/Industrial <br /> This example consists of a light manufacturing building of 24, 644 S.F upon 1.9 <br /> acres. The complex is in the City of Vadnais Heights and was constructed in <br /> late 1986. The park dedication is an estimate based upon an undeveloped land <br /> value of $ 65,340/acre or a total land value of $ 124, 146. <br /> CITY CASH DEDICATION LAND DEDICATION <br /> Arden Hills $ 18,295 (probable maximum) 0.28 acres <br /> Lino Lakes $ 12,415 0.19 if <br /> Mahtomedi $ 12,415 0.19 if <br /> Roseville $ 12,415 0.19 " <br /> Shoreview $ 12,415 0.19 " <br /> White Bear Twp. $ 12, 415 0.19 <br /> Coors Rapids $ 6,207 0.09 " <br /> Little Canada $ 6,207 0.19 " <br /> Vadnais Heights* $ 6,207 0.19 " <br /> Plymouth $ 5, 130 0.19 " <br /> Lakeville $ 4,750 ---- <br /> Eden Prairie $ 4,370 ---- <br /> Fridley $ 3,724 0.06 " <br /> Eagen $ 3,277 ---- <br /> White Bear Lake $ 2, 850 0.09 " <br /> Woodbury $ 2,280 ---- <br /> Vadnais Heights** $ 1,200 (actual amount) 0.19 " <br /> * Estimated park dedication based upon the recommendations in this report. <br /> ** Park dedication based upon existing ordinance. <br />