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13090.j. TTTvmeur K <br />TO: Mayor and City Council <br />FROM: Mark E. Bernhardson, City Administrato^^^ <br />DATS: February 23, 1990 <br />SUBJECT: Park Dedication Fees <br />Attachment; A. Park Dedication Fee Memo Date 1/3/90 <br />ISSUE - <br />1. Determine what changes Council desires in its dedication fee. <br />2. Determine any phase in schedule for making it effective. <br />INTRODUCTION - At the Council's January 8, 1990 Council meeting <br />the issue of park dedication fees was discussed from the proposal <br />from the Park Commission together with comments by Mr. Alan <br />Carlson resident and developer in e community. Principal among <br />the concerns were; <br />A. Appropriate level for dedication. <br />B. Capital expenditure program. <br />C. Whether the fee is determined a nnually or on a pec <br />application basis. <br />D. The proposed percentages would generate more in income <br />than indicated in the examples based on values at which the <br />properties sold. <br />E. The means by which properties were to be valued, if it <br />were done on an individual basis. <br />F. Any appropriate phase in. <br />G. The effective date. <br />H. Public hearing prior to the institution of such fees. <br />DISCUSSION - The primary issues and alternatives for each of <br />those issues are as follows; <br />1. Capital Expenditure Plan - <br />a. Require one prior to the fee becoming effective <br />b. Develop one based on available funds generated by <br />a fee <br />c. Table consideration of fee until one is developed <br />d. Request an estimate of needs without requiring a <br />full capital plan