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11/02/1987 Park Board Packet
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11/02/1987 Park Board Packet
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
11/02/1987
Park Bd Meeting Type
Regular
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-4- <br /> Third, there is a need for a growing city to have a competitive edge in the <br /> attraction of new development and therefore a lower percentage contribution of <br /> cash or land dedication for commercial/industrial development may be in order. <br /> MCOMMAT I ON3 <br /> 1 . It is recommended that the complex density based system for cash dedication <br /> for residential properties be dropped and instead be replaced by a simple <br /> flat fee basis as follows: <br /> Single Family $ 400/unit <br /> Duplex - $ 300/unit <br /> Multi-Family - $ 200/unit <br /> 2 . The land dedication formula should remain as a desity based system as it <br /> seems to have functioned adequately. <br /> 3 . The cash dedication for commercial/industrial landuse should be changed to <br /> a simple percentage fee based upon 2 to 5 percent of the undeveloped fair <br /> market value. <br />
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