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DATE: <br />TO <br />FROM& <br />SUBJECT <br />MEMO RA,N DiUM <br />0 <br />The maj"' or poi ints of the, prioposed, or'd inance amendment includes the <br />followl" <br />The, parkland dedication requirements would apply to all land <br />us6si not, just residential plats as is now required. <br />29, The dedication, policy would apply to all subd I'visions no <br />mattler what the size, 'The current ordinance requires <br />a <br />dedication for pl,ats over 5 acres,. This dedication pol locy <br />11 h <br />would a1sio apply, to simple lot divisions. <br />4,o For business, and, <br />industrial plats,, a <br />dedication of 5% of the <br />griosis land area, <br />or cash 'in the <br />amount* of <br />5% the <br />unimproved value <br />of the amount of <br />land to be <br />dedication <br />would be required,. Business or <br />industr 14al <br />lots shall <br />11 <br />dedicate land or <br />pay fees based on <br />total area <br />within the <br />plat , <br />0 a It <br />These new dedIcation requirements would help provide such things <br />zs, trai'Lls, pathways, and open space 'in redevelopment areas such <br />p <br />,P-isi the 35W corridor or Twin Lakes reidevelopment area. <br />