87-024 RES
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RESOLUTION 87 - 24
RESOLUTION ESTABLISHING THE PARK DEDICATION FEE ON NEW
SUBDIVISIONS AND MULTI-FAMILY DWELLING UNITS
WHEREAS, the City Council of the City of Elk River, in Ordinance
87-1, established that the City Council can require a
fixed fee to be paid for park dedication purposes and
that this fee shall be set by resolution of the City
Council, and;
WHEREAS, the Elk River Council has received and reviewed a
recommendation from the Elk River Recreation Board
recommending that this park dedication fee be increased
to $200 per lot or dwelling unit based on the need for
additional funds to provide recreation opportunities and
based on the increased land value in the City of Elk
River, and;
WHEREAS, the Elk River City Council discussed this recommendation
at its May 4, 1987, meeting and concurred with the
recommendation from the Recreation Board.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Elk River that park dedication fees paid to the City in
lieu of 10% of the undeveloped land shall be set at $200
per lot or dwelling unit.
Passed and adopted this 18th day of May, 1987 by the City Council
of the City of Elk River.
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~ene Schuldt, Vice Mayor
ATTEST:
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Patrick D. Klaers, City Administrator