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L land would equal either o.o16 acres or$416 per resident. For comparison, the following park dedication requirements from different communities have been included in this report.The City of Baxter requires a percentage of the total land area being subdivided or a fee equal to $700 per unit.The City of Brainerd requires $500 per dwelling unit or a percentage of the total land area to be subdivided. Stearns County requires $1000 per dwelling unit or 1o% of the usable land area of the subdivision. The City of Crosslake uses a formula based on the estimated market value of the land and the number of lots to be created, requiring a minimum of $500 per unit and a maximum of$5,000 per unit, depending on the market value,number of units,total size of the property,etc. Park Dedication Formula: Using the above analysis,the formula used to calculate park land dedication for a residential development would be as follows: Number of Units Y Number of People Y 0.015 acre _ Park land In Subdivision X Per Household ,jam (per capita share) Dedication Area There are two methods for determining the cash in lieu of land (park dedication fee), both resulting in the same value: Park land Undeveloped Park Dedication Area X land Value Dedication Fee Park Number of Units Number of People In Subdivision Per Household Per Resident Fee Dedication Fee Public vs. Private Recreational Facilities: Developers may argue that they have satisfied the park dedication requirements by providing facilities for use by their residents, but maintaining them in a private manner and restricting access to the residents of that development. While the short-term goal of providing facilities for new residents has been satisfied in the very basic sense, there are a number of issues that arise when recreational facilities are made private rather than maintained by the public. With private recreational facilities, access is restricted to a subset of the City's residents. The facilities are not available to the general public,which in some cases can result in trespass issues or create community tension if those private facilities are surrounded by developed, populated areas. Facilities provided within a development may not provide a range of recreational opportunities for all of its residents. For example, a particular development may provide housing for young families, young couples, and retired couples, all of whom have different recreational demands, but the development may only provide trails and a picnic area.This development may be serving the recreational needs of some of its residents,but because of the range of households within the City of Pequot Lakes Staff Report 8-3 April 19,2007