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Hakanson <br />Anderson <br />Assoc.,Inc. <br /> <br />Engineers, Surveyors & <br />l~ndsr.~pe Architects <br /> <br />May 8, 1990 <br /> <br />Mr. Ron Hetlund, Chairman <br />Parks & Recreation Commission <br />Ramsey City Hall <br />15153 Nowthen Blvd. N.W. <br />Ramsey, MN 55303 <br /> <br />Re: <br /> <br />Sketch Plan Review of Park 67 Industrial Park <br />for Park Dedication Requirements <br /> <br />Dear Mr. Hetlund: <br /> <br />We have reviewed the proposed sketch plan for park dedication <br />requirements. The total area of the proposed subdivision is <br />approximately 10 acres. Four lots are being created from the <br />parcel. Lots 2, 3, and 4 currently have buildings on them. A <br />review of City records indicates that no park dedication was ever <br />received from earlier development. Unless the Owners could show <br />that park dedication had previously been satisfied, all the lots <br />are now subject to park dedication. The park dedication is 5% of <br />the land or a cash equivalent based on the fair market value of the <br />undeveloped property. <br /> <br />We have reviewed the City park and trail map and determined that <br />no park land is required for this area. <br /> <br />Our recommendation, thus, is to accept cash in lieu of land for <br />park dedication. The conservatively estimated fair market value <br />is $5,000/acre. Park dedication should thus be $2,500.00 (10 acres <br />x $5,000/acre x .05). <br /> <br />If you have any questions or comments concerning this sketch plan, <br />let us know. <br /> <br />Sincerely, <br /> <br />HAKANSON ANDERSON ASSOCIATES, INC. <br /> <br />File: <br /> <br /> Dev. Dir. <br />Charles Lundgren, 967 40th Lane <br /> Anoka, MN 55303 <br /> RA2:15-136 <br /> <br />222 Monroe Street <br />Anoka, Minnesota 55303 <br /> <br />612/427-5860 Fax 612/427-3401 <br /> <br /> <br />