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Hakanson <br />Anderson <br />Assoc.,inc. <br /> <br />Engineers, Surveyors &. <br />Landscape 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 Gateway North <br /> Industrial Park Plat 4 for Park <br /> 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 24 acres. Three lots are being created from the <br />parcel, Lot 1 being approximately 2 acres, Lot 2 being 10 acres <br />and Lot 3 being 12 acres. The park dedication is 5% of the land <br />or a cash equivalent based on the fair market value. <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 estimated fair market value is $10,000/acre. <br />Park dedication should thus be $12,000.00 (24 acres x $10,000/acre <br />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 />!qe~-!and O~to ~'~ ~ <br /> <br />File: <br /> <br />Mark Banwart, Comm. Dev. Dir. <br />John Oliver & Associates <br /> i~2:15-!36 <br /> <br />222 Monroe Street <br />Anoka, Minnesota 55303 <br /> <br />612/427-5860 <br /> <br />Fax 612/427-3401 <br /> <br /> <br />