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89-052 RES . RESOLUTION 89-52 A RESOLUTION OF THE CITY OF ELK RIVER A RESOLUTION SETTING COMMERCIAL AND INDUSTRIAL PARK DEDICATION FEES WHEREAS, the Elk River Planning Commission has studied the need for providing adequate park facilities for the Community, and; WHEREAS, the Elk River Planning Commission has been requested to study the park dedication fees and made recommendations regarding park dedication, and; WHEREAS, the Planning Commission has recommended that park dedication fees should be charged for commercial and industrial developments. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk River does ordain and adopt the park dedication fees for commercial and industrial . development as follows: 1. That park dedication fees for commercial and industrial development shall be charged on a per unit basis. 2. A unit is considered one acre. 3. Commercial and industrial lots will be considered to be a minimum of one unit (a one-half acre commercial or industrial lot would still be charged one unit for park dedication fees). 4. The charge per unit shall be: a. $1,000 for commercial and industrial lots without City sewer and water. b. $1,500 for commercial and industrial lots with City sewer and water. . . . . Resolution 89-52 August 7, 1989 Page 2 5. Commercial and industrial lots over one acre in size with or without City sewer and water, would be charged proportionately. Passed and adopted by the Elk of August, 1989. River City Council this 7th day J~ ~~ James A. Trall~aYOr ATTEST: