CR 06-075 Approve Ord 06-971 Amending City Code Sect 500-75 Park Dedication Formula, 1st Reading
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June 15, 2006
Council Report 2006-075
Approve Ordinance 2006-971, Amending City Code Section 500.75, Park
Dedication Formula, for first reading
Proposed Action
Staff recommends adoption of the following motion: Approve Ordinance 2006-971 for
first reading.
Overview
In 2003, the City Council adopted ordinance 2003-899, which made changes to various
fee schedules and renewal dates. In that ordinance, Section 500.75, Subdivision 7 was
deleted and replaced with a statement that Park Dedication contributions will be
established in Chapter 10 of the Hopkins City Code and set from time to time by
resolution of the City Council.
When Section 500.75, Subd. 7 was deleted, language on how value would be
calculated to determine the Park Dedication fee on commercial, industrial, and
medium/high density residential plats, was also removed form the City Code.
Ordinance 2006-971 would add this language back into the Code.
The Planning Department feels that the addition is a necessary explanation of how staff
determines the value of a parcel.
Primary Issues to Consider
This is a housekeeping item.
Supportina Documents
Ordinance 2006-971
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Terry Obermaier, City Clerk
Financial Impact: $ Budgeted: Y/N
Related Documents (CIP, ERP, etc.):
Notes:
Source:
CITY OF HOPKINS
Hennepin County, Minnesota
ORDINANCE NO. 2006-971
Ordinance Amending Section 500.75 of the Hopkins City Code
The City Council of the City of Hopkins does hereby ordain
Section 1. Section 500.75 of the Hopkins City Code shall
be amended as follows:
Subd. 2 Dedication Formula: The land dedication and/or
cash in lieu of land dedication shall be based on the
estimate of actual fair market value of the property to be
dedicated to the city as calculated by the City Assessor,
of the property as of the date of the approval of the final
plat, replat, subdivision or waiver of plating. The
estimate of fair market value shall include value added to
the property by utilities, streets, and other public
improvements serving the land, but shall exclude value
added by other improvements to the land.
(A) Residential
Proposed Density
(housing units/acre)
Percentage of land
to be dedicated
0-5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10%
6-10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11%
11-15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12%
16 plus....................................... 13%
(B) Commercial, Industrial and Other Subdivisions 5%
Section 2: The effective date of this ordinance shall be
July 13, 2006.
First Reading:
June 19, 2006
Second Reading:
July 5, 2006
Date of Publication:
July 13, 2006
Date Ordinance Takes Effect:
July 13, 2006
ATTEST:
Terry Obermaier, City Clerk
APPROVED AS TO FORM AND LEGALITY:
City Attorney Signature
Eugene J. Maxwell, Mayor
Date