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DEVELOPMENT FEES <br />GIS Mapping Fee 90.00$ /Lot <br />Park Dedication <br />2,600.00$ /Acre <br />2,520.00$ /Acre <br />Residential 3,300.00$ /Unit <br />3,160.00$ /Unit <br />Tree Preservation Mitigation Fee 485.00$ /Tree <br />Street Lighting Operation Fee (New Development) 120.00$ <br />ECONOMIC DEVELOPMENT ASSISTANCE <br />Tax Increment Financing or Tax Abatement 10,000.00$ Escrow Deposit <br />Tax Exempt Financing 2,500.00$ <br />STAFF TIME <br />LATE FEE <br />Adopted by the Lino Lakes City Council this 14th day of November, 2022. <br />The following voted against same: <br />Rob Rafferty, Mayor <br />ATTEST: <br />The motion for the adoption of the foregoing ordinance was introduced by Council Member_____________and <br />was duly seconded by Council Member ___________ and upon vote being taken thereon, the following voted in <br />favor thereof: <br />Staff time for chargeable event/projects shall be charged as the employee’s hourly rate of pay plus benefits plus <br />calculated overhead costs (when applicable). Overtime will be charged at 1.5 times the calculated hourly rate. <br />Late penalty fee: a late charge of 10% or $25.00, whichever is greater, will be charged for fees not paid when <br />due. <br />Section 2. Effective Date of Ordinance. This ordinance shall be in force and effect from and after its passage <br />and publication according to the Lino Lakes City Charter. <br />Commercial/Industrial/Assisted-Living/Skilled <br />Nursing <br />/Light ($8/mo/light x 15 <br />months) <br />Application Fee, plus 1% <br />Administration Fee