99-017 RESRESOLUTION 99-17
CITY OF ELK RIVER
A RESOLUTION AMENDING THE PARK DEDICATION FEE FOR
RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL DEVELOPMENT
WHEREAS,
the City Council of the city of Elk River, in Ordinance 87-1,
established that a development fee may be paid for Park Dedication
purposes and that this fee shall be set by resolution of the City
Council; and
WHEREAS,
the City Council has received and reviewed a recommendation from
the Elk River Park and Recreation Commission that the Park
Dedication Fees be increased due to the increased need for
recreational opportunities which increased development causes;
increasing land values in the City of Elk River; and the increasing
costs of providing recreational opportunities in the City of Elk River;
and,
WHEREAS, the adoption of this resolution adjusts the Park Dedication Fees
adopted in Resolution 97-87.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Elk
River that the Park Dedication Fees paid to the City in lieu of 10% of
the undeveloped land be set at:
*Residential
$1,100riot or dwelling unit plus a $200 trail fee, effective 2/22/99
Commercial
$3,000 per acre, effective 2/22/99
Industrial
$2,000 per acre, effective 2/22/99
* In the event that a preliminary plat has been approved by the city council on or
before February 22, 1999, and the final plat has been submitted within one year
from the preliminary plat approval, then the park dedication fee shall be $900 per
acre and that no trail fee shall apply.
Passed and adopted by the City Council of the City of Elk River this 22nd day of
February, 1999.
teph~nie A. Klinzing,
~_<.~ST:
Sandra Peine, City Clerk
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