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Home My WebLink About8.c. Approve Park Dedication FeesCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: AGENDA ITEM: AGENDA SECTION: PARK DEDICATION FEES NEW BUSINESS PREPARED BY: AGENDA OiF DAVID �-. BECHTOLD / DIR. P & R CJMPARi�UMD Or 01H=F< LilIULAb ATTACHMENTS:RESOLUTION TO BE ACTED ON APPR • An evaluation of the Park Dedication FormulIa is compled at the November meeting of the Parks & Recreation Committee a,ch year. The last increase in the dedication formula was in December of 1989 when it Was raised from $ 8,000.00 to the present amount of $ 10,000.00. Our present formula uses a land value of $10,000.00 per acre. At the November 19, 1990 meeting the recommendation of the Parks & Recreation Committee was to increase the land value in the formula to $12,000.00 per acre. An example: 10 ACRES FOR DEVELOPMENT VALUE) 2.5 RESIDENTIAL HOMES PER OLD FORMULA: 010,000.00 PER ACRE LAND ACRE 4 o x $ 10,000.00 x 25 .04 x 10,000.00 x 25 400.00 x 25 CASH - DEDICATION AMOUNT = $ 10,000.00 CASH LAND - DEDICATION AMOUNT = 1 ACRE NEW FORMULA: 4 o x $ 12,000.00 x 25 .04 x 12,000.00 x 25 480.00 x 25 CASH - DEDICATION AMOUNT = $ 12,000.00 LAND - DEDICATION AMOUNT = 1 ACRE 1p NOTE: It is important to note that no matter how high the dollar amount in the formula would be set at that the total amount of 'Land to be dedicated would not change. The increase in the dollar value comes into play only when cash is required in lie of land dedication. RECOMMENDED ACTION: Accept the recommendation of the Parks & Recreation Committee and to change the resolution adopting land values for the cowlection o Park Dedication fees in the City of Rosemount to $ 12,000.00. COUNCIL ACTION: Adopted resolution. ve CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1990 - A RESOLUTION ADOPTING LAND VALUES FOR THE COLLECTION OF PARK DEDICATION FEES IN THE CITY OF ROSEMOUNT WHEREAS, the City Council of the City of Rosemount has adopted a Subdivision Ordinance for the City (Ordinance No. XVII.4), and this ordinance sets out requirements for the dedication of land and/or monies for the establishment and development of parks, playgrounds or other public use exclusive of property dedicated for streets and other public ways in the City; and WHEREAS, the City Council of the City of Rosemount has amended this Ordinance by adopting Ordinance XVII.86 to establish new guidelines and requirements for the dedication of land and/or cash payments for parks, playgrounds and other public use exclusive of property dedicated for streets and other public ways; and WHEREAS, this amended ordinance allows for the setting of certain land values and cash amounts by Council resolution; and WHEREAS, the City Council of the City of Rosemount has received and reviewed information on land values, dedication formulas and cash contribution amounts; NOW THEREFORE BE IT RESOLVED, that the following land values be set for the dedication of land and/or cash contribution for: (1) New residential subdivision - $12,000.00/acre; (2) Commercial subdivision - $22,000.00/acre; (3) Industrial subdivision - $22,000.00/acre. ADOPTED this 18th day of December, 1990. Vernon J. Napper, Mayor ATTEST: Susan M. Johnson, City Clerk Motion by: Voted in favor: Voted against:_ Seconded by: TO: FROM: DATE: RE: Mayor / City Council % Stephan Jilk - City Administrator David J. Bechtold - Director of Parks & Recreation December 11, 1990 Comparison Study of Park Dedication Fees This attached page will show the present park dedication fees of various cities and how their dedication amounts compare to Rosemount's formula. RSMT 1991 PROPOSED 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 Apple Valley was the only city from the study that used an actual formula. Other cities had a set value in the dedication per housing unit. Apple Valley used the value of $ 20,000.00 per acre in their formula for this year and are not planning to make a change for 1991. The increase in land value in our formula from the present rate of $10,000.00 per acre to that of $12,000.00 will increase the cash dedication by approximately s 80.00 per unit. NOTE: THERE IS AN EXAMPLE OF THE AMOUNT PER UNIT CHANGE BECAUSE OF THE CHANGE IN LAND VALUE OF THE FORMULA BELOW AND ON THE COVER PAGE. SINGLE FAMILY V/S MULTIPLE DWELLING (10 ACRES ) PRESENT FORMULA PROPOSED FORMULA 4% X LAND VALUE X DENSITY 4% X LAND VALUE X DENSITY .04 X $1O ,000 ( x 10 acres) X 2.5 .04 X $120,000 ( x10) X 2.5 .04 X 100,000 X 2.5 .04 X 120,000 X 2.5 4,000.00 X 2.5 = $10,000.00 (OR 1 ACRE) $4,800 X 2.5 = $12,000 (OR 1 ACRE) MULTIPLE DWELLING: EXAMPLE (8 UNITS PER ACRE) .04 X $10,000 ( 10 acre" X 8 (UNITS) .04 X $12,000 ( 10 ACRES) X 8 .04 X 100,000 X 8 .04 X 120,000 X 8 (UNITS) $4,000 X 8 = $ 32,000 CASH 4,800 X 8 = $38,400 CASH (OR 3.2 ACRES) (OR 3.2 ACRES) PRESENT 1991 RSMT 1990 PROPOSED PLYMOUTH 825.00 875.00 320.00 EDEN PRAIRIE 760.00 800.00 320.00 MAPLE GROVE 610.00 NOT SET 320.00 BLAINE 395.00 NOT SET 320.00 COTTAGE GROVE 450.00 NOT SET 320.00 EAGAN 685.00 705.00 320.00 LAKEVILLE 550.00 NOT SET 320.00 APPLE VALLEY 800.00 NO CHANGE 320.00 INVER GROVE 400.00 NO CHANGE 320.00 SET FOR TWO YEARS RSMT 1991 PROPOSED 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 Apple Valley was the only city from the study that used an actual formula. Other cities had a set value in the dedication per housing unit. Apple Valley used the value of $ 20,000.00 per acre in their formula for this year and are not planning to make a change for 1991. The increase in land value in our formula from the present rate of $10,000.00 per acre to that of $12,000.00 will increase the cash dedication by approximately s 80.00 per unit. NOTE: THERE IS AN EXAMPLE OF THE AMOUNT PER UNIT CHANGE BECAUSE OF THE CHANGE IN LAND VALUE OF THE FORMULA BELOW AND ON THE COVER PAGE. SINGLE FAMILY V/S MULTIPLE DWELLING (10 ACRES ) PRESENT FORMULA PROPOSED FORMULA 4% X LAND VALUE X DENSITY 4% X LAND VALUE X DENSITY .04 X $1O ,000 ( x 10 acres) X 2.5 .04 X $120,000 ( x10) X 2.5 .04 X 100,000 X 2.5 .04 X 120,000 X 2.5 4,000.00 X 2.5 = $10,000.00 (OR 1 ACRE) $4,800 X 2.5 = $12,000 (OR 1 ACRE) MULTIPLE DWELLING: EXAMPLE (8 UNITS PER ACRE) .04 X $10,000 ( 10 acre" X 8 (UNITS) .04 X $12,000 ( 10 ACRES) X 8 .04 X 100,000 X 8 .04 X 120,000 X 8 (UNITS) $4,000 X 8 = $ 32,000 CASH 4,800 X 8 = $38,400 CASH (OR 3.2 ACRES) (OR 3.2 ACRES) ;ECTION 3. Subsections "b" and "d" of Subdivision 5.7 of Ordinance XVII.4 is ded to read: b. Dedication. In all new residential subdivisions, the City shall require that a sufficient portion of such land be set aside and dedicated to the public for parks, playgrounds or other public use exclusive of property dedicated for streets and other public ways. It shall be presumed that a sufficient amount of land has been dedicated for parks and playgrounds for the present and future residents of the subdivision. If the subdivider dedicates at least 1/25 of an acre per dwelling unit that can be constructed in the subdivision. The City upon consideration of the particular type of development proposed in the subdivision may require larger or lesser amounts of land to be dedicated if the City determines that the present and future residents of the subdivision would require greater or lesser amounts of land for such purposes. The City shall determine whether a cash in lieu of land dedication is appropriate. The amount of the cash dedication shall be determined by multiplying the number of acres otherwise required to be dedicated by the average value of comparable undeveloped land set by resolution of the City Council. In all new commercial and industrial subdivisions, it shall be presumed that a sufficient amount of land has been dedicated to serve the needs of the resident and working population if the subdivider dedicates at least five percent (57c) of the land in the subdivision for parks, recreation and usable open space. The City upon consideration of the particular type of development proposed in the subdivision may require larger or lesser amounts of land to be dedicated if it determines that the present and future residents of the subdivision would require greater or lesser amounts of land for such purposes. The City shall determine whether a cash in lieu of land dedication is appropriate. The amount of cash dedication shall be determined by multiplying the number of acres otherwise required to be dedicated by the average value of comparable undeveloped land set by resolution of the City Council. d. Pedestrian Ways and Trails. The City shall define a meaningful pedestrian circulation system for each development, which connects to the major trail system, parks, schools and shopping areas. Subdividers shall be required to install such sidewalks and trails as determined by the City and according to City standards. Pedestrian improvements required by the City are in addition to the land dedication in subsection b. riON 4. This Ordinance shall be in full force and effect from and after its publication -ding to law. ted and ordained into an Ordinance this 20th day of September, 1988. ollan Hoke, Mayor EST: