02-26-1990 Council Packet - Laserfiche WebLink

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021:tE:Orono Paries Coimnission IS?e^ 0rdi„.„„3 and ParJ. oed'^arjc Dedication FeoNovember 9, 15 ggCity E5?f"i«rator ^^gineerFor more than is months, the Or= the orono ParhsBased on that stnd. and the rea7on"""'' "® J^soomniend that nev Ord-- - .rm o. .rhjtsTr;::: -i«dum. ^^tached to this ■rii“";,'" Bring Orono's Park Dedication r in conformity eirh that of simi7 ties.' oinilar Minnesota " Bnlse the Park Dedication Pee to a 1 . ' by other co™m.ities and «“i«ent W for inflation (since it ■ an automaticv^xace it IS tied i-« ' ^eing suhdirided,. ^ Bnovide more adequate funding for parks ol =Pen opace as our communitv is suhd - ' <iovelopment pressures ' 4. Amend the resolution which governs the Park Fund to bring it in conformity with Section 462.358, Subdivision 2b of the Minnesota Statutes by providing that the funds therein can be used to acquire land for "trails or open space", as well as public parks and playgrounds.SUI4MARY OF PARK DEDICATION FEE SCHEDULE IN ORONO AND OTHER COMMUNITIESThe Parks Commission has surveyed the Park Dedication Fee levied in (a) nearby communities and (b) other communities in the metro area which, according to the League of Minnesota Cities, recently have adopted Park Dedication Fee Ordinances. The results of that sxirvey are set forth on Exhibit C. Our conclusions from that sxirvey are: 1. Orono's approach of charging a Park Dedication Fee based on a sliding scale depending upon the acreage of the resulting lots (the larger the lot, the smaller the fee) appears to be unusual among the communities surveyed. 2. The most common approach appears to assess a Psu:k Dedication Fee equal to a percentage of -the land value, with the percentages varying from 7% to 10%, but the most common percentage being 10%. 3. One problem with the current Orono approach is that it fails to adjust for inflation, resulting in the Park Dedication Fee charged by Orono being much lower than that charged by other communities. -