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VIA <br />Agenda Number: <br />H.2. <br />CITY OF HUGO <br />COMMUNITY DEVELOPMENT <br />DEPARTMENT <br />Staff Report <br />TO: Mike Ericson, City Administrator <br />FROM: Shayla Syverson, Parks Planner <br />SUBJECT: Parks Dedication Policy <br />DATE: September 15, 2010 for the City Council meeting of September 20, <br />2010 <br />1. BACKGROUND: <br />At the Parks, Recreation and Open Space Commission meeting of September 8, 2010 a <br />recommendation was made to the City Council for revisions to the Park Dedication <br />Policy. The Parks Commission discussed proposed revisions to the policy at their July 14 <br />and August 11, 2010 meetings. <br />At the Economic Development Authority meetings of August 9, 2010 and September 13, <br />2010 a recommendation was made to the City Council for revisions to the Park <br />Dedication Policy regarding the requirement of park dedication in commercial and <br />industrial developments. <br />2. PROPOSED CHANGES: <br />Minnesota State Statutes regarding Park Dedication Polices have changed. An "essential <br />nexus" between the park dedication fees and the need created by the proposed <br />development is required. The fees must be based on fair market value of the unplatted <br />land. Because of the current fluctuation in property values, staff proposed changes to the <br />Parks Dedication Policy in keeping with the statutes: <br />Add a table to the Park Dedication Policy which assigns park dedication requirements <br />based on the density of the development. <br />