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2007-01-06_PR Comm Packet
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2007-01-06_PR Comm Packet
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Community Park Dedication Requirements <br />Andover <br />$2,325/unit <br />10% of market value of land <br />10% of Land <br />10% of Land <br />Brooklyn Park <br />$3,400/unit <br />5% FMV <br />10% of Land <br />5 % of Land <br />Cottage Grove <br />$3000/unit <br />4% FMV <br />10% of total gross land <br />10% of Land <br />dedic+$150/unit <br />Fridley <br />Cash equivalent to FMV <br />3% FMV <br />10% of Land <br />3% of gVss area <br />Inver Grove Heights <br />$1400 <br />5% - 30% of land(density) <br />Maplewood <br />Oakdale <br />$1,000/unit <br />$5700/acre <br />10% of Land <br />Richfield <br />Shakopee <br />$4,632/single family + duplex <br />10 % of FMV <br />1 acre of Lander 75 residents <br />10% of Land <br />Shoreview <br />Based on density + value; range <br />10% FMV <br />4-10% <br />10% of Land <br />10 % of Land <br />St. Louis Park <br />$900 <br />5% FMV <br />10 — 20 % of Land (density) <br />5% of Land <br />Roseville <br />$1000 <br />5% FMV <br />10% of Land <br />5% of Land <br />Comparable Cities where local property tax are compared <br />SOURCE: 2005/06 Research from Heather Kilgore (Graduate Student at Humphrey Institute) <br />
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