HomeMy WebLinkAboutCity Council Resolution 2001-043CITY OF PLYMOUTH
RESOLUTION 2001-043
APPROVING SETTING PARK DEDICATION FEES FOR 2001
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 $70,000 per acre, and undeveloped commercial/industrial
property is approximately $145,000 per acre; and
WHEREAS, the City Council has reviewed said recommendation and finds this
recommendation to be appropriate, based on the assessor's undeveloped land value
estimates,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, that the 2001 park fees shall be $2,000 per residential dwelling unit and
$6,100 per acre for commercial/industrial property effective March 1, 2001.
Adopted by the City Council on January 23, 2001.