Laserfiche WebLink
2. The City of Pequot Lakes finds it in the public interest and <br /> necessary to provide future parks, trails and other public open and <br /> recreational spaces for the citizens of Pequot Lakes. As such, for <br /> every new subdivision of land involving three or more lots which are <br /> to be developed for residential purposes, the City Council, with the <br /> recommendation of the Planning Commission, shall require a <br /> payment or dedication to the City of any one of the following, to be <br /> reviewed on an annual basis at the beginning of each calendar year: <br /> A. A reasonable portion of a land dedication for <br /> conservation purposes or for public use as parks, <br /> recreational facilities, playgrounds, trails, wetlands, or <br /> open space, up to o.oi6 acres per resident expected in <br /> the proposed development, using the most recent <br /> average household size as determined by the Minnesota <br /> State Demographer's Office and the U.S. Census <br /> Bureau. <br /> B. A payment of up to $416 per expected resident in the <br /> proposed subdivision, using the most recent average <br /> household size as determined by the Minnesota State <br /> Demographer's Office and the U.S. Census Bureau. <br /> C. A combination of land dedication and cash payment to <br /> the City for parks and open space purposes that reflects <br /> the values contained herein and in the City's <br /> Comprehensive Land Use Plan. <br /> 3. The amount of land and/or payment shall be set by the City <br /> Council, from the recommendation of the Planning Commission, <br /> after taking into consideration the open space, park, recreational, or <br /> common areas facilities which the applicant proposes to reserve for <br /> public use within the subdivision. The City shall grant preference to <br /> payment in lieu of land dedication unless an area within the land to <br /> be platted has been identified by the City for park acquisition. The <br /> following factors shall be taken into consideration when reviewing <br /> potential lands for park dedication: <br /> A. The suitability of the land for its intended purpose. <br /> B. The future needs of the community regarding parks, <br /> trails, and open spaces. <br /> C. The amount of any fees imposed, consistent with the <br /> requirements and limitations contained in this Section. <br /> Pequot Lakes Staff Report 3.2-7 <br /> July 24,2023 <br />