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HomeMy WebLinkAboutCity Council Resolution 1986-089CITY OF PLYMOUTH Pursuant to due call and notice thereof, a rpgiijar meeting of the City Council of the City of Plymouth, Minnesota, was held ont e day of Februar 19 86. The following members were present: Mayor Schneider,_ Counci memCrain disk Vasiliou and Zitur The o owing me ers were absent: none RRR Councilmember Sisk introduced the following Resolution and moved its a ption: RESOLUTION NO. 86-89 A RESOLUTION SETTING PARK DEDICATION FEES FOR 1986` WHEREAS, the City of Plymouth has a policy setting forth park dedication fees for residential and commercial/industrial property, and WHEREAS, the City assessor has concluded that undeveloped residential property is selling for approximately $12,000 per acre and undeveloped commercial/ industrial property for approximately $30,000 per acre, and WHEREAS, the Director of Parks and Recreation has recommended that a park dedication fee of $500 per unit be set for residential property and that the fee of $2,700 per acre be used for commercial/industrial property, and . WHEREAS, the City Council has reviewed said recommendation and finds this recommendation to be appropriate, based on the assessor's land estimates, and in comparison with park fees from other metropolitan communities, NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the 1986 park fees stall be $500 per residential unit and $2,700 per acre for commercial/industrial property effective March 1, 1986. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Zitur and upon vote being taken thereon, the fbllowlng voted in finior thereo aXgr Schneider. Councilmembers Crain. — Sj55 a d Zitur . o erevpOn the RRR