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12-14-15-R
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12-14-15-R
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12/15/2015 4:11:55 PM
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<br /> <br /> <br />Jill Hutmacher <br />Park Dedication Fees <br />December 10, 2015 <br />Page 3 <br /> <br />The average fee is $5,600, with Brooklyn Park and Maple Grove having lower fees than <br />proposed for TCAAP, Shakopee having the same fee and the remaining four having a <br />higher fee. Overall, Staff is of the opinion that the fee proposed will not preclude residential <br />development within TCAAP and that the fees collected will be adequate to cover the current <br />park development costs. <br /> <br />The $5,300 per residential unit fee that is being set for 2016 is based upon current <br />estimates and will need to be updated annually as more firm costs for park development are <br />received and actual land values are established. <br /> <br />Please contact me at 651-697-8506 with any questions.
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