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NORTHWEST ASSOCIATED CONSULTANTS. INC. <br />5775 Wayzata Boulevard, Suite 555, St. Louis Park, MN 55416 <br />Telephone: 952.595.9636 Facsimile: 952.595.9837 planners @nacplanning.com <br />MEMORANDUM <br />TO: Jeff Smyser <br />FROM: Alan Brixius / Deb Garross <br />DATE: May 22, 2001 <br />RE: Lino Lakes — Park and Trail Dedication Study <br />FILE NO: 194.02 — 01.03 <br />INTRODUCTION <br />The purpose of this memorandum is to provide further information to the City of Lino <br />Lakes defining how park dedication fees should be calculated. The information <br />• contained herein is based upon questions raised by the City Council during the first <br />review of the proposed Subdivision Ordinance amendment to incorporate new revised <br />park dedication requirements and procedures to implement the results of the April 3, <br />Park and Trail Dedication Study prepared by NAC Inc. <br />• <br />ISSUE 1 — REQUIREMENTS FOR COMBINATION (CASH and LAND) <br />DEDICATIONS: <br />The City Council requested further clarification on how park dedication would be <br />determined when both cash and land dedications are required. This situation could <br />occur in a project where the park acreage, required pursuant to the Comprehensive <br />Park and Trail Plan, results in Tess than ten (10) percent of the project area and the <br />balance of the dedication would be granted as cash. There are three steps to involved <br />in calculating land and cash dedication requirements. <br />1. At the time of subdivision, a yield plan will be prepared demonstrating the total <br />number of lots possible within the development without a park. This figure is then <br />multiplied by the residential per unit park dedication charge (established by City <br />Council Resolution). The result of this calculation is equal to the total cash value <br />of the 10% park dedication for the residential project. The formula is outlined as <br />follows: <br />1 of 4 <br />