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Lino Lakes Parks and Recreation Department <br />600 Town Center Parkway <br />Lino Lakes, MN 55014 <br />(651) 982 -2440 Fax (651) 982 -2439 <br />March 29, 2000 <br />TO: Park Board Members <br />FROM: Rick DeGardner, Public Services Director <br />SUBJECT: Review Site Plan for Lino Lakes State Bank, Otter Lake Road <br />Lino Lakes State Bank has submitted an application for a bank on Otter Lake Road, south of <br />County Road 14 (Main Street). <br />The proposed bank is located on the west side of the recently constructed Otter Lake Road. <br />Currently, there is an off road paved trail along the eastern side of Otter Lake Road. Therefore, <br />there is not any need for additional trails at the proposed location. Staff recommends cash <br />dedication to fulfill the park dedication requirements. The current Park Dedication Ordinance <br />for commercial or industrial development is, "the developer shall pay to the city $200 for each <br />1,000 square feet of proposed building for any commercial or industrial use." <br />Building gross area 3,200 sq. feet x $200/1000 sq. feet = $640.00 <br />RD:sw <br />sw /parkbrd/Review Site Plan for Lino Lakes State Bank, Otter Lake Road.doc <br />