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10 <br /> <br />Appendix C <br />Estimating Residential Park Dedication Revenue <br />To calculate the estimated residential park dedication fees, WSB provided a table of every <br />parcel in the City. Each parcel was then assigned to a PSA. The net acres of these parcels are <br />split according to the staging area they fall into resulting in two categories: pre 2040 category <br />(stages 1 and 2) and post 2040 category (stage 3). The minimum and maximum number of units <br />that can be developed is calculated for each category according to the proposed future land <br />use. These figures are multiplied by the current park dedication fee ($3,300 per unit) to get a <br />minimum and maximum total residential park dedication sum for each category in every PSA. <br />These are totaled to get an overall minimum and maximum park dedication revenue, pre and <br />post 2040, for the City. <br /> <br />183