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DU F®® <br />•the <br />e) appear® <br />I parjc <br />e, with the <br />I is that it <br />Dedication <br />ged by other <br />SU:-*MARy OF THE RESULTS OF PARK DEDICATION FEE CHARGED BY ORONO IN RECENT SUBDIVISIONSThe following schedule surunarizes the Park Dedication Feecharged by Orono in recent subdivisions and compares that to thefee that would have been charged had a 10% Park Dedication Feebeen charged.Painters Creek - 5 acre zoneTotal Acres (37.69 + 14.97)Land Value (131,800 + 50,000)Number of Lots (PRD)Park Dedication Fee Actually Charged <br />Using Percentage of Value (10% of 181,800) <br />Golden View - (Peterman Addition) 2 acre zone <br />Total Acres <br />Land Value <br />Number of Lots <br />Park Dedication Fee Actually Charged <br />Using Percentage of Value (10% of 83,900) <br />Meyer Dairy Addition — 2 acre zone <br />Total Acres <br />Land Value <br />Number of Lots <br />Park Dedication Fee Actually Charged <br />Using Percentage of Value (10% of 115,000) <br />Rolling Meadows - 2 acre zone <br />* e <br />Total Acres <br />Land Value <br />Number of Lots <br />Park Dedication Fee Actually Charged <br />Using Percentage of Value (10% of 49,000) <br />52.56$181,80010$1,000$18,180 <br />18.75 <br />$83,900 <br />6 <br />$1,200 <br />$8,390 <br />34.24 <br />$115,000 <br />11 <br />$2,200 <br />$11,500 <br />18:47 <br />$49,000 <br />6 <br />$1,200 <br />$4,900 <br />The foregoing schedule, we believe, demonstrates the woeful <br />inadequacy of the current Orono Park Dedication Fee Schedule <br />when comoared with the fees charged by other similar communities <br />-3-