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� <br />� <br />� <br />20.155 <br />SUBDIVISIONS <br />4• Where park dedication is deemed ina <br />the owner and the City shall agree to p a ve the wnerhdecosit <br />a sum of money in lieu of a dedication. p <br />determined as near as practicable as foliows he sum shaJ.l be <br />A. For all land zoned other than residential, the de osit <br />for park purposes shall be four o p <br />value of the unimproved land as determin d by4the Ramsee <br />County Assessor pursuan� to Min,nesota Statute 273.17; or <br />$4,500 per acre, whichever amount is Iess. <br />�• Where money is paid in lieu of land, the values for <br />residential pu�poses shall be established by the Council <br />at least every two years by resolution. Values for the <br />initial two year period shall be: <br />$500 �er single family lot <br />$400 per town house or duplex unit� <br />$350 per unit for multifamiiy structures <br />with three or more units <br />5• Payment of money in lieu of land fe�s is due at the �ime o <br />filing of the final plat. f <br />� <br />" 134 �a <br />� <br />