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MOTION BY:
WHEREAS,
WHEREAS,
RESOLUTION 92-28
A RESOLUTION ADOPTING A COLLECTOR STREET FEE
KEDROWSKI,
SECONDED BY
FITZGERALD
the City council of the City of Prior Lake recognizes
the need for financing the construction of collector
street and appurtenant improvements; and
the City council acknowledges that Municipal state Aid
funding is inadequate to completely fund the City's
transportation system with respect to its designated
MSA streets; and
the City of Prior Lake plans to fund collector street
improvements through a combination of development
char~es in the form of an acreage fee and building
permlt fee.
NOW, THEREFORE BE IT RESOLVED, by the Mayor and City Council that
the following rates for street collector fees are hereby
approved and established:
WHEREAS,
Development Acreaqe Fee
* $700.00 per net developer acre of property, due and
payable at time of final plat approval.
Buildinq Permit Lot Fee
** $250.00 per residential lot or RED unit due at time
of building permit application.
Passed and adopted this 19th day of October, 1992.
{Seal}
YES
NO
Andren
Fitzgerald
Kedrowski
Scott
White
Andren
Fitzgerald
Kedrowski
Scott
White jpiv;: ~
city Manager
City of Prior Lake
x
-X
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4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245
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