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CITY of ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO. 3 9 72 <br />B.'^Park dedication fee, the amount of which shall be determined as soon <br />as City Assessor has placed a fair market value on the imdeveloped land <br />at the time of preliminary plat approval. The applicant shall be advised <br />as soon as Assessor's report has been filed with City. Park dedication <br />fee shall be based on 8% of the fair market value of land within Lot 1. <br />Adopted by the City Council of the City of Orono, Minnesota at its regular <br />meeting held this 13th day of October, 1997. <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF HENNEPIN ) <br />The foregoing instrument was acknowledged before me on this iK'S'day of <br />, by Gabriel Jabbour & Dorothy M. Hallin, Mayor ^ City Clerk of the City of <br />Orono, a Minnesota municipal corporation and said instrument wjs executed on behalf of the <br />City. <br />**®*“Tsss'«f***niLINDA S. VEE <br />NOTABY PUBLIC-MIHNESOTA <br />«NN£PtN COUNTY « <br />Ccmmissicn &P'fes Jw. 31. aW _ <br />Page 9 of9 <br />''I