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--_ •� . <br /> . <br /> ��� . <br /> � O� . <br /> � O �. O <br /> ��e_ - . CITY of ORONO <br /> � � . <br /> �� G�' RESOLUTION OF THE CITY COUNCIL <br /> �9kES_H� � NO. 4 'a' 3 � <br /> WI�REAS,the City fmds that one acre of commerciaUindustrial land has an impact <br /> on the park system equivalent to that of 2.5 residential dwelling units; and <br /> WHEREAS,the equivalent minimum and maximum park dedication amounts for <br /> commerciaUindustrial property would be 2.5 x$3,250=$8,125 per acre and 2.5 x$5,550=$13,875 <br /> per acre respectively. <br /> � NOW, THEREFORE, BE IT RESOLVED that the Orono City Council does <br /> hereby establish the minimum pazk dedication amount for commercial/industrial zoned land as <br /> $8,125 per acre, and the maximum park dedication amount as $13,875 per acre. <br /> Adopted by the City Council of the City of Orono,Minnesota at a regular meeting <br /> held this l Oth day of December, 2001. - <br /> � <br /> � � Barbaza A. Peterson, Mayor <br /> ATTEST: <br /> � � <br /> Linda S. Uee, City Clerk <br /> � . Page 2 of 2 <br />