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7.2 SR 04-05-2021 Request for Action To Item Number Mayor and City Council 7.2 Agenda Section Meeting Date Prepared by Public Hearings April 19, 2021 Zack Carlton, Planning Manager Item Description Reviewed by Fee Schedule: Park Dedication Fees Cal Portner, City Administrator Reviewed by Action Requested Adopt, by motion, an ordinance amending the 2021 City of Elk River Fee Schedule. Background/Discussion On February 16, 2021, the City Council reviewed the park dedication fees as outlined in the city fee schedule. Of specific concern was the per unit rate for high-density residential developments. The Council believed the current rate discourages larger apartment projects and directed staff to amend the fee schedule to cap park dedication at $500,000 for high-density residential projects. The change will impact projects larger than 100 units. The attached ordinance amends the fee schedule as directed. Council reviewed the rental dwelling ordinance and fees previously. There was a charge for Single Family Conversion inadvertently left in the fee schedule. This fee will be removed from the schedule as well. Financial Impact Large apartment projects will pay less park dedication per unit. Mission/Policy/Goal  Meet changing needs  Encourage residential development Attachments  Ordinance Amendment The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020 Strikethroughs to be removed Underlines to be added Ordinance 21 - ____ An Ordinance Amending the 2021 Master Fee Schedule of the City of Elk River, Minnesota, City Code The City Council of the City of Elk River does hereby ordain as follows: SECTION 1. That the Park Dedication section in the City of Elk River 2021 Master Fee Schedule shall be amended to read as follows: PARK DEDICATION FEE  Residential o Low Density (7 DU/acre) $1,425.93/dwelling unit o Medium Density (4 to<7 DU/acre) $1,075.79/dwelling unit o High Density (>7DU/acre) $4,897.04/dwelling unit  The park dedication fee for high-density residential projects shall be capped at $500,000.  Commercial 8% of county assessed value of property  Industrial 6% of county assessed value of property RENTAL DWELLING LICENSE $100 new  Single Family $100 per dwelling annual renewal $100 new  Multi-Unit $100 + $10 per unit $150 plus initial license fee  Single Family Conversion $100  Re-inspection Fee $1,500  Re-instatement Fee SECTION 2. That this ordinance shall take effect upon adoption and be published as provided by law. th Passed and adopted by the City Council of the City of Elk River this 5 day of April, 2021. ______________________________ John J. Dietz, Mayor ATTEST: _______________________________ Tina Allard, City Clerk Last Updated January 2019