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HomeMy WebLinkAbout2021.11.15 RESO 2021-70 Park Dedication Fee Findings of FactRESOLUTION 2021-70 APPROVING FINDINGS OF FACT FOR INCREASING THE PARK DEDICATION FEE WHEREAS, the City of Hugo desires to develop a system of parks within the community to serve the public's health and recreation needs, and; WHEREAS, the City of Hugo has adopted a Parks, Trails and Open Space Plan that identifies reasonable needs for parks and recreational facilities based on the demand placed on the park system by the projected population increase associated with new residential development in the community, and; WHEREAS, the Parks, Recreation, and Open Space Commission reviewed the Park Dedication Fee at their meeting of October 21, 2021 and recommended it be increased to $3,400 per residential unit. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, MINNESOTA, that it should and hereby does support the increase in the park dedication fee, based on the following findings: 1. Funds collected through park dedication are used only for the acquisition and development of parks and recreation facilities, or other allowable park system improvements and placed in the Special Park Fund. 2. The Parks Capital Improvement Plan and Parks, Trails, and Open Space Plan direct how the Special Park Fund shall be used. 3. Sec. 90-324 PARK DEDICATION authorizes a sliding scale of land to be dedicated based on density and the use of per unit fee allows park dedication to be charged based on the fair market value of the unplatted land. 4. The cost of park construction and purchasing park land has increased. 5. Property values in Hugo have increased. 6. There is a nexus between the increased park dedication fee to be collected and the increased demand on the Hugo parks system created by residential development. ADOPTED by the City Council this 15' day of Nove er -021 Tom Weidt, Mayor ATTEST: Michele Lindau, City Clerk