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� � �----- � O ' V � O _.� O ��b. - CITY of ORONO � � .. �� G'�' RESOLUTION OF THE CITY COUNCIL ��`9kEsgpg'� . NO. � °Y � � � �� A RESOLUTION ESTABLISHING MINIMUM AND MAXIMUM PARK DEDICATION AMOUNTS FOR RESIDENTIAL/AGRICTILTURAL/MULTTPLE RESIDENTIAL ZONED LAND WI�REAS, the City's general park dedication requirement is 8%of the land being platted or subdivided; and � WHEREAS,the City's pazk dedication ordinance calls for the dedication requirement to be roughly proportional to the projected impact of the proposed development on the City's pazk system; and � �- WHEREAS, because of the vastly differing land values in Orono, the 8% park • dedication requirement could result in pazk dedication requirements that are either significantly greater than or significantly less than the amount which is roughly proportional to the impact of the proposed development on the City's park system; and WI3EREAS,to address the rough proportionality issue, the City will periodically establish both a maximum and minimum park dedication amount per dwelling unit, based on an updated proj ection of the cost of the City's park system,and the proportionate share of this proj ected cost to be borne by new dwelling units in Orono; and WHEREAS,the proportionate shaze of the proj ected cost of the City's park system to be borne by new dwelling units has increased to an average of$4,600 per household; and WHEREAS,the application of the City's general8%park dedication requirement would result in those properties with lower values paying less than the $4,600 average, and those properties with higher values paying more than the $4,600 average; and WHEREAS, the establishment of minimum and maximum park dedication fee amounts addresses the need for rough proportionality between the pazk dedication fee and the impact of the development on the pazk system. � Page 1 of 2