2010.09.13 EDA Packet - Laserfiche WebLink

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4 F�FF P CITY OF HUGO COMMUNITY DEVELOPMENT DEPARTMENT Memorandum TO: Economic Development Authority FROM: Shayla Syverson, Parks Planner DATE: September 9, 2010 for the meeting of September 13, 2010 SUBJECT: Park Dedication Policy Revisions BACKGROUND: At the August 9, 2010 meeting, the Economic Development Authority discussed proposed revisions to the Park Dedication Policy. The EDA recommend that park dedication not be required for commercial or industrial developments. The following reasons were given: ■ Businesses support the community through events. ■ Industrial and Commercial Development brings additional revenue into the city through increased property taxes. • The dedication requirement creates a competitive disadvantage for businesses to come to Hugo. ■ Many surrounding cities do not require commercial and industrial developments to pay park dedication. ■ Economic development would be supported in Hugo. • Parks are important and attractive assets in a residential community. PARKS COMMISSION UPDATE: At their August 11 and September 8, 2010 meetings, the Parks, Recreation and Open Space Commission discussed the Park Dedication Policy and made a recommendation to determine the amount of park dedication based on the density of the development and to allow for developers to appeal the assigned dedication. The Parks Commission is recommending that park dedication continue to be required from commercial and industrial developments because they generate a need for parks. The following examples of use of park areas by businesses were given: ■ Wilson Tool employees use Water Tower Park for lunch breaks and have requested additional park amenities be built. ■ The cafes and restaurants in Victor Gardens promote eating out in Victor Square. • KinderGardens Day Care frequently takes their children on the trails and uses the playground equipment in the Victor Garden area.