HomeMy WebLinkAboutCity Council Resolution 1996-693•
RESOLUTION NO. 96- C93
APPROVING SETTING PARK DEDICATION FEES FOR 1997
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 residentia! property is selling
for approximately $48,000 per acre, and undeveloped commercial/industrial property is
approximately $70,000 per acre, and
WHEREAS, the City Council has reviewed said recommendation and finds this
reconunendation to be appropriate, based on the assessor's undeveloped land value estimates,
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, that the 1997 park fees shall be $1.400 per residential dwelling unit
and $4,200 per acre for commercial/industrial property effective January 15, 1997,
Adopted b3 the ( iiy Council on I)cce nbor 18, 1996,
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