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MEMO TO: Parks & Recreation Commissionexs <br />FROM: Staff <br />DATE: March 28, 1978 <br />RF,; Mounds View Industrial Park 2 Park Dedication <br />finclosed with this memo are copies of two pages from <br />the Council minutes of April 8, 1974 and october 15, <br />1974. At the meeting of April 8, 1974, Attorney Meyere <br />presented the appraisal report, of which we have a copy, <br />determining the value of the 42.86 acrea to be 5171,OU0 <br />and that the park fund dedication cash amount would be <br />$17,100. <br />At that time, Attorney Meyers was instructed to request <br />the total amount and, if that was not possible, to request <br />a minimum of one third to be paid immediately. On April 10, <br />1974, the owners did submit to the City a check in the <br />amount of $14,149. At the October 15 meetinR, Attorney <br />Meyers presented a final check from the owners in the <br />amount of $2,956 which, totalled with the previous payment, <br />equalled the $17,100 park fee due. The Council at that <br />time, by motion, approved this check as final payment. <br />In summary, the total park dedication payment was made in <br />1974 and no additional feea are required by ordinance. <br />