Agenda - Council - 01/24/1989 - Laserfiche WebLink

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JAN-24-'89 TUE 17:32 ID:CITY OF EAGAN TEL N0:454 8100 ~452 P05/06 Said cash dedication, effective Oanuary 1, ]989 shall be: HOUSING TYPE AVERAGE, MARKET VALUE UN]TS PER ]00 POP. CASH EO.PER UNIT. Single family $11,000 per acre 28 Duplex 13,000 per acre 35 Townhouse/quad. 15,000 per acre 47 Apts/multiple 17,000 per acre 52 $525.00. 488.00 414.00 427.00 Cash dedication shall be determined/computed at the rate in effect at the time of final plat. 5. XNDUSTRIAL/COI~ERCIAL DEDICATION REQUIREMENTS Subdividers and developers of commercial/industrial land, including commercial/.tndustrial portions of Planned Developments, shall be required at the time the site plan is approved and building permits are issued to dedicate to the City for park, playground, and public open space purposes, an amount of land up to 7.$% of the net land area within the development as determined by the City. In those cases where the City does not require park or open space within such developments, the City shall require payment of fees in lieu o¢ such land dedication in an amount equal to $.05 per square foot of net land area, or such amount as determined by the City Council. Cash shall be contributed at the time of approval of each final plat or at the time of site plan or building permit approval, as determined by the City. The fee dedication requirement for all commercial/industrial plats which have received site plan approval prior to January 1, 1983, but have not been issued building Permit approval, the City shall be in an amount equal to $.02 per sq. ft. of net land which shall be contributed at the time of building permit approval. A credit of up to 25% of the required dedication may be allowed by the City Council for on-site storm sewer, water, ponding and settling basins provided that such improvements benefit identifiable park and recreation water resources. The City Council, upon review and recommendation of the Advisory Parks and Recreation Commission, may annually review and determine by resolution an adjustment to the industrial/commercial fee based upon the City's estimate of the average value of undeveloped commercial/industrial land in the City. 6. REOUIRED IMPROVEMENTS Developers shall be responsible for making certain improvements to their developments for park, playground and public open space purposes as follows: