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• <br />• <br />MAY -24 -2001 11:14 <br />NAC <br />612 595 9837 P.04/13 <br />$8,655,200 (residential portion of future park cost) _ 5,856 (future households) <br />_ $1,478 (park cost per unit) <br />CONCLUSION <br />The May 22, 2001 memorandum includes a new park land dedication ordinance and a <br />resolution for establishing park dedication fees. After the Council discussion at its May 23, <br />2001 workshop, we have offered a second option for the park land fees by resolution. If <br />the City Council feels that the residential properties should be more responsible for the <br />costs of park and trail development, this second option may be considered. Based on our <br />analysis of the park land standards, we are comfortable that both alternatives are <br />reasonable and enforceable. <br />We have attached a resolution outlining the second fee schedule for the park land <br />dedication for your consideration. <br />3 <br />