6.0. PRSR 10-11-1988 Patk ' V aftl p� Erzc Jiza.
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LEE _- _ _ INSURANCE& REAL ESTATE
• -----
��_ _ _ 3131 Fernbrook Lane-Suite 205
Minneapolis, Minnesota 55447
Telephone 559-2221
Personal 4111,--1.4.. RICHARD A.HELMBERGER
Insurance ROLFE E.ANDERSON
September 28, 1988
City of Elk River PE,
`
Attn: Pat Klaers
720 Dodge Ave NW ' ft
Elk River, MN 55330 r 45,
Re: Park dedication fees
Dear Pat,
This letter is to update you on what other communities are doing relative to
their park dedication fees.
Following is a breakdown of the information I was able to obtain from various
surrounding communities.
Maple Grove: (Terry Jost) $454.00/unit or 10% of the raw land.
• Andover: (Todd Haus) 10% of market value (assessed value) or 10% of raw land.
The currently are evaluating their price structure.
Plymouth: (Mary Patterson) $600.00/unit based on 2 units/acre or 10% of raw land.
$2,850/acre for Commercial development or 10% of raw land.
Champlin: (Bret Heitcamp) Residential-$1,400/acre, Medium density-$2,500/acre,
Commercial-$5,000/acre or 10% of raw land.
Anoka: (Patty Davis) $400./unit-Single family, $329./unit-Duplex, $365./unit-
Townhouse, $258./unit-Mobilehome, $253./unit-Multiple unit or 5% of
raw land, $1650./acre-Commercial or 3% of raw land.
Coon Rapids: (Rick Pearson) $384./unit-Single family, $326./unit-Duplex,
$286./unit-Townhouse, $291./unit-Mobilehome, $1152./acre-
Commercial.
I would appreciate it if you would inlude this information in our next meeting
agenda so the recreation board can review this and come to some type of decision.
Cordially,
•Vetp E. natuLx21
Rolfe t. Anderson
REA/cmt
_
0
RECREATION FUND
EXPENDITURE DETAIL
ACTIVITY 1986 1987 1988*
SOFTBALL COMPLEX $5,040 $12,757 $7,989
SENIOR CITIZEN PROGRAMS 8,694 8,354 7,689
]
ICE RINKS 4,622 67b-' 2,546
SWIMMING POOL 4,000 4,000 4,080
OTHER COMMUNITY ED 25,470 30,085 22,700
* Through August 31, 1988
1. Ice Rink expenses were included in Other Community Ed
************************************************************************
• PARK EXPENSE DETAIL
Park maintenance and operating expenses are charged to the General Fund.
Capital outlay for park land, shelters, playground equipment and et cetera
is charged to the Park Dedication Fund.
PARK 1986 1987 1988
ORONO - 0 & M $8,996 $4,464 $14,275
ORONO - C/O 0 87,089 0
DOWNTOWN PARK - 0 & M 1,923 503 7
DOWNTOWN PARK - C/O 0 0 0
POINT PARK 0 & M 99 0 O '
POINT PARK C/O 0 0 0
RIDGEWOOD EAST - 0 & M 1,587 143 2,894
RIDGEWOOD EAST _ C/O 0 5,530 0
LIONS - 0 & M 0 5,580 6, 196
LIONS - C/O 0 0 0
TOT PARK 0 & M 200 200 200
TOT PARK C/O 0 0 0
WOODLAND TRAILS - 0 & M 0 0 0
WOODLAND TRAILS - C/O 0 0 26,782
ANDA ? - 0 & M 0 0 0
0 ANDA ? - CIO 0 14,708 0
UNALLOCATED - 0 & M 6,403 9,922 11,077
UNALLOCATED - C/O 0 1,378 0
PARK DEDICATION
REVENUE & EXPENDITURE HISTORY
1983 1984 1985 1986 1987 1988*
REVENUE SOURCE
Park Dedication Fees $5.010 $10,000 $30,916 $22,255 $34,060 $21,600
Interest Income 1,349 0 35 836 3,550 890
Other 0 45,6502- 0 0 2,0004- 0
TOTAL REVENUES 6,359 55,650 30.951 23,091 39,610 22,490
EXPENDITURE OBJECT
Miscellaneous** 13 2,777 2,058 0 3,973 5' 2,890
Capital Outlay 0 108,2323• 0 0 87,865 2.3,892 6.
TOTAL EXPENDITURES 13 111,009 2,058 0 121,838 26,782
EXCESS REVENUE
(EXPENDITURE) 6,346 (55,359) 28,893 23.091 (82,228) (4,292)
OTHER FINANCING
SOURCES (USES) (5,000) 1- 0 0 0 50,000 0
S
BALANCE SHEET INFORMATION
CASH BALANCE $7,946 ($22,479) $5, 183 $66,664 $28.236 $30, 144
ACCOUNTS RECEIVABLE 62,093 37, 159 38,390 0 6.200 0
FUND BALANCE 70,039 14,680 4.3,577 66,664 34,436 30, 144
* Through August 31, 1988
** For this report miscellaneous includes all operating supplies, legal services
and street crew time.
1. Operatinq transfer to Lions Park Fund
2. Park grant $37,800 and League fees $7.850
3. Lions Park. expenditures
4. Refund of earnest money for Woodland Trails Park
5. Street crew time and materials for capital outlay construction
6. Land payment for Woodland Trails park
•
0
RECREATION FUND
REVENUE & EXPENDITURE HISTORY
1983 1984 1985 1986 1987 1988*
REVENUE SOURCE
League Fees $0 $0l^ $6'390 $5.232 35,926 $5,225
Registration Fees 6,762 8,649 8,549 12,873 14,281 16,754
Interest Income 386 0 102 1077 732 388
Miscellaneous 1,016 100 0 1,300 0 0
TOTAL REVENUES 8, 164 8,749 15,041 20,482 20,939 22,367
EXPENDITURE OBJECT
Salaries 7, 180 9.324 9,484 23,347 34,630 27,957
Community Education Pro8 11,055 11,346 9,878 20,775 14,758 9,792 .
Miscellaneous 3348 6087 5849 3703 4619 3675
2. 2,
Capital Outlay O 0 0 0 1,865 2,50O
TOTAL EXPENDITURES 21°583 26,757 25,211 47,825 55,872 43,924
EXCESS REVENUE
(EXPENDITURES) (13,419) (18,008) (10, 170) (27,343) (34,933) (21,557)
����
OTHER FINANCING
`w�
SOURCES (USES) 17,000 18,000 24,000 27,550 14,500 3. 31,500
BALANCE SHEET INFORMATION
CASH BALANCE $3,581 $4, 122 $17,403 $17,839 ($2,440) $7, 119
ACCOUNTS RECEIVABLE 0 0 0 585 0 0
ACCOUNTS PAYABLE 0 549 0 814 383 0
FUND BALANCE 3,581 3~573 17,403 17,610 (2,823) 7, 119
* Through August 31, 1988
1. In 1984 Softball League Fees were credited to the Park Dedication Fund
2. Ballfield irrigation system and shelter
3. This is net of $14,000 in fund equity transferred back to the
General Fund
4111
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