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Last modified
2/20/2024 4:49:18 PM
Creation date
2/20/2024 4:37:02 PM
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Planning Files
Planning Files - Planning File #
1912
Planning Files - Type
Zoning Text Amendment
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Park Land Dedication, Case No. 1912 <br />Page 3 <br />new development. (If an existing lot with a single-family horse is <br />divided to create one new lot, the money in lieu of land fee <br />shall be for one dwelling unit only.) <br />g) Payment of money in lieu of land fees are due at time of filing <br />of the final plat. <br />h) Land dedication for park use may include fee title or easements <br />for pathways, bicycle trails, major preservation areas, or areas for <br />passive recreation and/or active recreation. Land dedicated for <br />required street right-of-way and required drainage areas are not <br />considered appropriate for park land dedication. <br />6. The following are some comments relating to the suggested ordinance: <br />a) In many cornm , ities the adoption of a payment per single-family <br />lot has proven co be an efficient and fair method applied to the <br />land dedication ordinance where single-family lots are involved. <br />In Mendota Heights, the current price for a single-family lot for <br />park dedication is $650.00. Lots sell for as low as $45,000.00 to <br />$100,000.00 per lot. Assuming approximately three lots per acre <br />(or slightly less) at Roseville densities, this means a raw land <br />value of approximately $15,000.00 per acre. As a rule of thurnb, <br />the raw land value ,tlould be one-third of the ultimate lot value. <br />Thus, $500.00 at 10 percent of $5,000.00 with a finished lot value <br />of $15,000.00. Lrats in Roseville range from a minimum of <br />$35,000.00 and more. <br />The value for multi -family housing land in the Metropolitan Area <br />varies from about $3,500.00 per acre up to about $5,000.00 per <br />,acre. Thus, at S3,500.00 per acre, 10 percent of that vuluc is <br />S350.00. Thus, [hr: suclgestion of a payment per unit for <br />multi-fa,rnily iiuusiric� structures is $350.00. <br />ta) The vaalue caf r? yr l and for townhouses is considerably higher than <br />tlaaat for f.+ ty,a,raal multi -facility housing structure (such Us it(' <br />ala;►rtrs� #rat). fitl►,�:, rt -ccrna that for r townhouse or a duple <br />unit, *'I v.filto of , 400.00 per unit may bu reasunablta. <br />c; tt i , Ali f f rcalL t u .. �t , vaalue fur park dedic:aatiorin can as per acre <br />bsa�r fair ln�.rr��r i fir industriarl land. These vnluc�s vary <br />Haan iti��r tl;� dcp riiiir�� location .ihirthu cciunit}.an tile <br />"aortic.. twit;hint s propertion have sole; for tir3 nlut:h as $10'00 per <br />f;qurtrty fuot w1liell equals $ a35,600.00 per acre. Sonic Industrial <br />land :;ells for aas low as S1.00 to $2.00 per square Pout. <br />Frequ01411y, when an industrial or business property is divided, <br />there t+.a.a been al stile. The land dedication should be based on <br />the vtlltaet of the ruw land not improved and without any existing <br />structures. The dedication should be required only where as new <br />tausiness jr industrial lot is to be created. A lot with an <br />oxistinr, structure would tee exempt. As noted in this report, the <br />same principle will apply whure an existing house occupies ra <br />portion of the land to be dividod. Ira other words, n lot split <br />would require payment for Otte housing unit for the now lot <br />created. <br />
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