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<br />I'",''''' <br />.. <br /> <br />. <br /> <br />. <br /> <br />STATE OF M1NNESOTA <br />COUNTY OF RAf<;lSEY <br /> <br />CITY OF ARDEN HILLS <br /> <br />RESOLUTiON NO. 78-18 <br /> <br />WHEREAS, Arden Hills Ordinances require dedicating <br />to the City of a certain proportion Of land being developed, <br />and <br /> <br />WHEREAS, certain land is required by the City of <br />Arden Hills for parks, recreation and opan space, and <br /> <br />WHEREAS, when a development does not Include the <br />required land, the City accepts cash in lieu thereof, and <br /> <br />WHEREAS, the City from tim~ to time must establish <br />toe cash value of said land, <br /> <br />NOW, THEREFORE, BE iT RESOLVED that the City Counei I <br />hereby establishes for this purpose the following ra.~undeveloped <br />land values: <br /> <br />Commercial <br />Industrial <br />Res I dent I s I <br /> <br />$2.00/sq. ft. <br />$O.90/sq. ft. <br />$0.16/sq. ft. <br /> <br />($87,120/acrel <br />($39,204/acrel <br />($ 6,970/acre) <br /> <br />Be It further resolved the the City Councl I wi II <br />reestab Ii sh I and va I uas for th I s pu rpose at such oj- I mes as I t deems <br />appropriate. <br /> <br /> <br />of Arden Hills <br /> <br />this <br /> <br /> <br />Jr. , <br /> <br />day of April, 1978. <br /> <br />ATTEST: <br /> <br />Charlotte McNiesh <br />C I erk-AdRli n I strator <br />