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<br /> <br />it at <br />property from a qualified real estate appraiser, <br />fair market value of the land. <br /> <br />be <br /> <br />Subd. 6. Land/Cash Combination. The City may require a combination of cash <br />contribution and land dedication pursuant to the following: (1) the amount of land <br />required to be dedicated under this section shall be calculated; (2) from that total, the <br />actual amount ofland dedicated shall be subtracted; (3) the balance shall be converted <br />into a cash contribution in lieu ofland dedication in the manner outlined in subdivision 5. <br /> <br />Subd. Mixed Uses. Planned unit developments with mixed land uses shall make <br />land dedications and/or cash contributions based upon the percentage ofland devoted to <br />the various uses. <br /> <br />Subd. 8. Additional Purchase. The City shall have the first right to purchase land <br />that is part of the application and is in addition to land dedicated pursuant to this section. <br />The City shall have the right to determine the size and configuration of the land to be <br />purchased. Factors to be considered in making an additional purchase ofland shall <br />include size, topography, geology, hydrology, tree cover, access, contemplated uses, and <br />needs of the City as identified in its park systems plan, comprehensive plan, or trails plan. <br />The purchase shall be for fair market value determined pursuant to subdivision 5, except <br />that (1) the City may obtain the initial appraisal and (2) the cost of any appraisal obtained <br />by the City shall be at the City's expense. <br /> <br />Subd. 9. Payment. When a cash contribution is to be paid in lieu of, or in addition <br />to, a land dedication, the payment of such fee shall be as follows: <br /> <br />A) For residential developments, the cash contribution shall be paid prior to <br />the City's release of the signed final plat mylars for recording with Ramsey <br />County. The exception is that in the case of multiple-family <br />developments where the site plan review occurs after the time of final plat <br />approval, the contribution shall be paid prior to the issuance of any building <br />permits. <br /> <br />B) For commercial/industrial development and schools, the fee shall be paid <br />prior to the issuance of any building permits. A pro-rated portion of the fee <br />may be deferred if the applicant proposes to construct significantly less <br />square footage than the site supports, provided that any remaining <br />contributions shall be paid if and when additional square footage is <br />constructed on the site in the future. <br /> <br />5 <br />