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Number of Units X Number of People Y 0.016 acre Park Land <br /> in Subdivision Per Household Z% (per capita share) Dedication <br /> Area <br /> There are two methods for determining the cash in lieu of land (park dedication fee), both <br /> resulting in the same value: <br /> Park Land X Undeveloped Park <br /> Dedication Area Land Value Dedication Fee <br /> Number of Units Y Number of People Y Park <br /> in Subdivision X Per Household X Per Resident Fee Dedication <br /> Fee <br /> A motion was made by Bill Habein, seconded by John Derksen, to recommend amending <br /> Section 9.10 of the Land Use Ordinance as follows: <br /> i. In accordance with the provisions of Section 462.358 of the Minnesota Statutes, <br /> or amendments thereto, the subdivider shall dedicate, to the public, lands for <br /> highway rights-of-way, street rights-of-way, utility easements, wetland <br /> easements, and similar lands required for perpetual and public improvements. <br /> `.• 2. The City of Pequot Lakes finds it in the public interest and necessary to provide <br /> future parks, trails and other public open and recreational spaces for the citizens <br /> of Pequot Lakes. As such, for every new subdivision of land involving three or <br /> more lots which are to be developed for residential purposes, the Planning <br /> Commission,with the concurrence of the City Council, shall require a payment or <br /> dedication to the City of any one of the following, to be reviewed on an annual <br /> basis at the beginning of each calendar year: <br /> a. A reasonable portion of a land dedication for conservation purposes or for <br /> public use as parks, recreational facilities, playgrounds, trails, wetlands, <br /> or open space, up to o.o16 acres per resident expected in the proposed <br /> development, using the most recent average household size as determined <br /> by the Minnesota State Demographer's Office and the U.S. Census <br /> Bureau. <br /> b. A payment of up to $416 per expected resident in the proposed <br /> subdivision, using the most recent average household size as determined <br /> by the Minnesota State Demographer's Office and the U.S. Census <br /> Bureau. <br /> c. A combination of land dedication and cash payment to the City for parks <br /> and open space purposes that reflects the values contained herein and in <br /> the City's Comprehensive Land Use Plan. <br /> 3. The amount of land and/or payment shall be set by the Planning Commission, <br /> with the concurrence of the City Council, after taking into consideration the open <br /> space, park, recreational, or common areas facilities which the applicant <br /> proposes to reserve for public use within the subdivision. The City shall grant <br /> preference to payment in lieu of land dedication unless an area within the land to <br /> Minutes 3 <br /> Pequot Lakes Planning Commission <br /> June 21,2007 <br />