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Design Review Board <br />December 12, 1990 <br />The other way of arguing this is that residential areas with <br />greater densities need more park facilities because each lot is <br />smaller. Hence, the cash dedication should be greater. There are <br />after all more people to serve in an R -1 area vis -a -vis an R -1X <br />district. <br />Let's go back to some analysis. Using the draft formula a <br />residential development with a density of 25 homes per acre (about <br />average) would pay $400. per lot - exactly what the current rate <br />is. With the draft formula any density greater than 25 homes per <br />acre actually would pay less than the current amount. For example <br />three lots per acre would provide a fee of only $333. each. A <br />development with two homes per acre would pay $500. for each lot. <br />John Miller Recommend approval of the formula but just as there is <br />a minimum land value there should be a minimum park fee. The city <br />should increase that fee to $450. per lot. If the formula produces <br />a greater amount then fine. But if not the developer would pay the <br />$450. fee. <br />MOTION: Robert King moved to ask the park board to review this <br />item and look at considering a minimum and possibly a maximum cash <br />dedication fee per lot. The board feels that this formula would be <br />a great hardship for developers with only a few lots within their <br />plat. John Bergeson seconded the motion and the motion was <br />approved unanimously. <br />Fred Chase also asked that the park board discuss how park <br />dedication both cash and land would be handled for apartment <br />complexes. <br />RECONSIDERATION OF A MINOR SUBDIVISION FOR EARL OLSON, A REPLAT <br />WITH PARK DEDICATION INCLUDED. <br />John Miller stated that this is a 40 acre parcel of land located <br />south east of city hall. This was approved previously by the design <br />review board. <br />After council approval the park board decided they wanted to <br />collect 10% of the land for park purposes. Prior to this point the <br />applicant was going to pay a $400.00 per lot cash dedication. <br />The property owners do not care either way if it is cash or land, <br />they just want four buildable parcels. <br />Breaking down the 40 acre parcel would leave four 10 acre parcels <br />which is in accordance with the city code. The park board required <br />the applicant to give the city a revised certificate of survey <br />showing park land. The site plan shows a 4 acre parcel that is <br />9 <br />1 <br />1 <br />1 <br />