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<br /> -------- <br /> I <br /> Revised Park Dedication Fee= $88,272.25 I <br /> Value of the trail easement -$37.395.56 <br /> $50,876.69 Remaining cash in lieu for park dedication fulfillment .. <br /> As we previously discussed, the developer also has the option of constructing the trail along <br /> Phases I-IV rather than incurring the $50,876.69 expense. I am comfortable with either the I <br /> money or trail construction. <br /> Recommendation I <br /> I am recommending the Welsh Companies be required to fulfill the 10% park dedication <br /> requirement by dedicating a 20 foot wide trail easement and $50,876.69 cash in lieu or the <br /> construction ofa 10 foot wide trail as proposed from Phases I-IV. Again, this recommendation is I <br /> based on a revised area after subtracting the dedication wetland and conservation easement. <br /> . <br /> I <br /> I <br /> ~ <br /> . <br /> . <br /> . <br /> . <br /> . <br /> I <br /> . <br /> III <br /> I <br />