HomeMy WebLinkAboutCity Council Resolution 1999-079CITY OF PLYMOUTH
RESOLUTION NO. 99-79
RESOLUTION APPROVING SETTING PARK DEDICATION FEES FOR 1999
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 $53,000 per acre, and undeveloped commercial/industrial property is
approximately $100,000 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, MINNESOTA, that the 1999 park fees shall be $1,600 per residential
dwelling unit and $4,700 per acre for commercial/industrial property effective March 1, 1999.
Adopted by the City Council on February 16, 1999.