HomeMy WebLinkAboutCity Council Resolution 1998-151CITY OF PLYMOUTH
RESOLUTION NO. 98 - 151
APPROVING SETTING PARK DEDICATION FEES FOR 1998
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 $48,000 per acre and undeveloped commercial/industrial property is
approximately $72,000 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 HEREBY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH that the 1998 park fees shall be $1,500 per residential
dwelling unit and $4,500 per acre for commercial/industrial property effective February 1,
1998.
Adopted by the City Council on March 4, 1998.
C Documents and Settnig,,esvigei Local Settnig, TempVCCR 1998-1?1_ 8W CCR 1998-1?l.doe