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11/02/1987 Park Board Packet
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11/02/1987 Park Board Packet
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Last modified
9/14/2021 3:51:33 PM
Creation date
6/18/2021 2:08:30 PM
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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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-10- <br /> TABLE III <br /> PROBABLE PARR DWIGTION SUMARY <br /> EXAMPLE No. 1 - Single Tamily Residential <br /> This example consists of a single family residential development in the City of <br /> Vadnais Heights. Site construction was begun in 1986 and consists of 81 homes <br /> or. 4Z .84 acres (density: 1.89 units/acre) . The appraised undeveloped land value <br /> is S 8, 700/acre for a total value of $ 372, 708 . The following is a summary <br /> table listing eaclh city's probable park - land or cash dedication based upon the <br /> information within tables I and II which would be required if the development <br /> took place within their corporate boundaries. <br /> Y CASH DEDICATION I,BND DEDICATION <br /> Arden Hills $ 37,271 4.28 acres* <br /> Mahtomedi $ 37,271 4 .28 " <br /> Roseville $ 37,271 4.28 " <br /> White Bear Twp. $ 37,271 4.28 ^ <br /> Eagen $ 35,360-` ---- <br /> Eden Prairie $ 34, 020 ---- <br /> Vadnais Heights $ 33,544 (actual amount paid) 3.86 "** <br /> Woodbury $ 32,400— ---- <br /> Coon Rapids $ 31,104 4.28 " <br /> Lakeville $ 30,3775 ---- <br /> White Bear Lake $ 30,375 4.28 <br /> Little- Canada $ 24,300 4.28 <br /> Oakdale $ 22,275 4.28 " <br /> Shoreview $ 14, 908 4.28 <br /> * Value of the dedicated land: 4.28 acres x $ 8,700 = $ 37,236 <br /> ** Value of the dedicated land: 3.86 acres x $ 8,700 = $ 33,582 <br />
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