Park Board Item - Jerome Krieger, Senior Parks and Recreation Manager
Title
Title
Recommendation for establishing the 2022 Park Dedication fees for the City of Blaine
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Background
Revenue for capital improvement plan comes from park dedication fees required of all new residential, commercial, and industrial development. Park dedication fees are adjusted annually by the percentage of increase in the fair market value of undeveloped land within the city with an annual increase not to exceed 10%. The Park Board recommended the City Council approve a no increase in residential fees and no increase for both commercial and industrial in 2021. The current park dedication fee structure is as follows:
• $4,449/ per residential unit
• $8,704/ per acre of commercial development
• $6,702/ per acre of industrial development
Currently residential park dedication fees are split with 65% to parks and 35% to open space. Commercial and industrial park dedication fees go 100% to parks.
Staff is recommending the Park Board consider no increase to residential, commercial, and industrial based on discussions with Blaine’s City Manager, Community Development Director, Public Works Director and Finance Director about the current development climate and how our current fees are structured. In addition, the City Council previously has been comfortable in the middle for both residential and commercial with the comparable cities.
Attached are the comparative park dedication fees with other cities.
Staff Recommendation
By motion, recommend to the City Council to establish park dedication fees for 2022 of 0% per unit for residential, 0% per acre for commercial property, and 0% per acre for industrial property.
Attachment List
2022 Park Dedication comparisons.