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1204.02 <br />1204.02 (Rev. 97) <br />Subd. 6. Dedication for Re -Subdivision: For any subdivision of a parcel on which a cash <br />dedication for parks has previously been made but on which an additional cash dedication <br />is required due to re -subdivision, the amount of cash dedication required on the <br />re -subdivided parcel(s) to be developed for residential uses shall be based on the market <br />value of the land at the time of re -subdivision based on the schedule set forth in <br />subdivision 4 of this Section less any applicable credit for the prior cash dedication. The <br />amount of cash dedication required on the re -subdivided parcel(s) to be developed for <br />commercial or industrial uses shall be based on ten percent (10%) of the market value of <br />the land at the time of re -subdivision less any applicable credit for the prior cash <br />dedication. (1988 Code §42.13) (Ord. 604, 1997) <br />City of Mounds View <br />