2021.11.15 CC Packet - Laserfiche WebLink

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- 1 - Park Dedication Fee November 15, 2021 CITY OF HUGO PARKS COMMISSION REPORT TO: City of Hugo Parks, Recreation and Open Space Commission FROM: Shayla Denaway, Parks Planner SUBJECT: Park Dedication Fee DATE: November 10, 2021 for the City Council Meeting of November 15, 2021 1. INTRODUCTION: The Parks, Recreation, and Open Space Commission reviewed the Park Dedication Policy and current fee and is recommending an increase from $2,400 to $3,400 per residential unit. 2. BACKGROUND: The Parks Commission periodically reviews the Park Dedication Policy to ensure that it continues to ensure a system of parks to be constructed in Hugo which meets the demand created with new developments. At the Parks Commission meeting of September 15, 2021, the Park Dedication Policy (Sec. 90-324. of the Code of Ordinances) was reviewed. The Commission did not recommend any changes to the policy but directed staff to research the park dedication fee. The City Council authorized the Parks Commission to evaluate the fee at their meeting of September 20, 2021, which they did at their October 20, 2021 meeting. At their meeting of October 20, 2021, The Parks Commission reviewed a comparison of fees among cities with similar populations and cities with similar growth rates. They also looked at the amount of park dedication (fee and land) that has been received with recent developments. Lastly, they looked at the developable acres and park needs outlined in the Comprehensive Plan. The park dedication fee is currently $2,400 per residential unit. This is set annually by the City Council with the fee schedule. The Parks Commission recommended to Council that the fee be increased to $3,400.