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01-27-83 Agenda & Packet
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01-27-83 Agenda & Packet
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MV Parks, Recreation & Forestry Commission
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• <br /> MEMO TO: Parks, Recreation & Forestry Director <br /> 1111 FROM: Engineering/Planning Technician <br /> DATE: January 17 , 1983 <br /> SUBJECT: PARK FUND DEDICATION <br /> Our department has received an application to subdivide the <br /> property outlined on the attached section map. The property <br /> would be subdivided into a east and west half (approximately) . <br /> Present City Code requires the Park and Recreation Commission <br /> to make a recommendation as to whether the dedication should <br /> be a cash or land dedication. <br /> In the process of investigating what a lot similar to this <br /> newly created lot is worth, it was determined that a figure of <br /> $28, 000 would be used from which to determine that Park Fund <br /> Dedication amount. Ten percent of this figure or $2, 800 is the <br /> amount of Park Fund Dedication that would be collected with this <br /> subdivision. <br /> Please review this item with the Park and Recreation Commission <br /> 1110 and advise me of their decision. <br /> Thank you. <br /> FJK/bc <br /> Attachment <br /> I 1111 <br />
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