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Memo:Park Dedication,01/30/07 Page 6 of 6 <br /> Comparison of Park Dedication in Recent Subdivisions <br /> Per <br /> Avg. Total Capita Total Acres <br /> House- Expected Acres of of Park Total Park Actual Paid <br /> Number hold New Park Land Value per Dedication (land and <br /> Development of Units Size* Residents Land** Dedication Acre* Fee cash) <br /> Keen Addition 6 2.2 13.2 0.015 0.198 $32,000 $6,336 $3,210 <br /> 15,4 0.015,,.,. , .,,. 0.-231 $32,s a 01 $7,392 $15,203 <br /> '4...."."'2'3�i <br /> Wilderness Pt. 46 2.2 101.2 0.015 1.518 $32,000 $48,576 $23,000 <br /> 116.6 0.015 x>, <.,...,;1.749 $32,000 ,« : 438,440 <br /> Nordenstua 13 2.2 28.6 0.015 0.429 $32,000 $13,728 TBD <br /> *These numbers should be re-evaluated on a yearly basis as the average household size and the value of land within the city <br /> change over time and do not remain static. <br /> **This value should be re-evaluated with a Parks and Open Space Plan that thoroughly studies and assesses the amount of <br /> parkland needed to meet the needs of the community's residents. <br /> 14084 Baxter Drive, Suite 7 I Baxter, Minnesota 56425 1 218.828.3064 I www.communitygrowth.com <br />