05/14/2001 Council Minutes - Laserfiche WebLink

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• • COUNCIL MINUTES MAY 14, 2001 1001 of the City Code makes up the requirements for the subdivision of land. Park dedication requirements are included in the subdivision regulations, as authorized by state statute. Minnesota Statutes 462.358 Subd. 2B. states in part that ...the regulations may require that a reasonable portion of any proposed subdivision can be dedicated to the public or preserved for conservation purposes or for public use as parks, recreational facilities..., playgrounds, trails wetlands, or open space; provided that (a) the municipality may choose to accept an equivalent amount in cash from the applicant for part or all of the portion required to be dedicated to such public uses or purposes based on the fair market value of the land no later than at the time of final approval. The park dedication study conducted by Northwest Associated Consultants resulted in a reasonable estimate of land values at final approval (final plat) and the park dedication that can be justified based on those values. The result differs from what is currently included info ity regulations for park dedication. Ordinance No. 01 — 06 amends the current ordinance. It cl calculate park dedication requirements, and only uplands Subdivisions 8 and 3). It includes a straightforward de City to list the park dedication in the City's fee sche City will use the land value at final plat to dete "'., h de The study determined that when the City c reasonable. This amount will be includ order to make it easier to change in t The fee schedule will list resid combination, as determined land, since land should b acquir the City can apply the pro upland will be used to ed for park dedication (see o of the uplands and allows the ivision 8). It also states that the ation (see Subdivision 13). dedication rather than land, $1960 per lot is ee schedule rather than in the City Code in dedication as 10% of non -wetland area or $1960 per lot or a ity. hen it will be a combination, the city will start with the en possible. But if the City does not want the full 10% in land, ensity to the remaining dedication need to get the cash value. Commercial/industrial park dication listed in the fee schedule will remain what it is in the current ordinance. An ordinance requires two (2) readings, publication, and a 30 -day waiting period before it becomes effective. Staff will prepare the appropriate change to the fee schedule to have it ready for adoption when the new ordinance becomes effective. As stated in an earlier memo, the anticipated schedule is: May 14 City Council Mtg. May 29 City Council Mtg. June 5 July 5 Public hearing and first reading of ordinance Second reading of ordinance Ordinance published in newspaper Ordinance becomes effective (30 days after publication) 5