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*Forest Lake <br />Amount of land to be dedicated for Public recreational use shalt be determined <br />by the planned population of the subdivision using, the ratio of one acre of land <br />for each 715 persons <br />Average subdivision population densities for bornputing the required land <br />dedication are as follows : <br />t <br />4.1 persons/un <br />Sinqle-Family Detached Dwelling <br />4.1 p�ersons/un* t <br />Double-F'amily Dwelling <br />A D tment, Unots:; Ir I iar <br />Ef'f ncy <br />Ll <br />persons /un't <br />A <br />sl hall be requ�i,red, to dedicate land, or pay <br />1 �beld r oom <br />1.4 <br />Persons/uni It <br />10,% of gross area to be An <br />2 beldroolms <br />2.5 <br />personshnit <br />3,% of gross area to be <br />3+ bedroams <br />4.0 <br />Persons/unit <br />for a period of 2 years during which the City or other public body may buy <br />T'ownhiouse-0 <br />3.31 <br />persons/unit <br />equi,val,en,t, amount, in cash from the applicant <br />2 bedro�oms <br />4.0 <br />e final aprovalID <br />the time of the <br />P'L'A <br />In deterMUning fair market value of public areas for land subdivision for cash <br />3+ bedrooms <br />be used. <br />persons/unit <br />*Fri <br />As a general rule�, each subdivision <br />A <br />sl hall be requ�i,red, to dedicate land, or pay <br />into the City fund a, cash payment <br />equWal1ent,, for public uses* <br />Reside..ntial <br />10,% of gross area to be An <br />subdivided <br />Commercial I& Industrial <br />3,% of gross area to be <br />subdivided low <br />t. <br />Any land dedication in excess of the 10% and 31%, requirement shall be reserved 4&., <br />for a period of 2 years during which the City or other public body may buy <br />such land. <br />The City may choose to accept an <br />equi,val,en,t, amount, in cash from the applicant <br />for part, or aill of the portion required to be dedicated based on the fair market <br />aline of the, land no, later than at <br />e final aprovalID <br />the time of the <br />P'L'A <br />In deterMUning fair market value of public areas for land subdivision for cash <br />payment., the following values will <br />be used. <br />Residential Slubdivision <br />$1,500,11ot <br />Residential Lot Split <br />$7501lot <br />4, <br />Commericial/Industrial Subdivision <br />$0*02,3/sq* fto <br />or hot Split <br />is <br />t7p <br />AJA <br />Ai ZF <br />di <br />