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HomeMy WebLinkAbout13-151 Park Dedication Fee Evaluation/� PRjQ\ U M �I _ 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 13 -151 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE THE CITY'S STANDARD PROFESSIONAL AGREEMENT WITH HOISINGTON, KOEGLER GROUP, INC. FOR THE COMPLETION OF THE PARK DEDICATION FEE EVALUATION AND UPDATE Motion By: Souku Second By: McGuire WHEREAS, The City of Prior Lake has determined that it is essential to provide the financial resources to complete its park system at community build -out; and WHEREAS, The City has affirmed it is financially necessary to adjust the existing park dedication fees to generate sufficient revenues to offset the cost of future infrastructure associated with new development; and WHEREAS, The City Council has determined new development should pay its fair share of system construction or oversizing; and WHEREAS, The City last updated the park dedication fees in 2005; and WHEREAS, The City Council has determined the park dedication fees must be re- evaluated in order to meet City needs and to be consistent with Minnesota Statutes. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The consulting firm of Hoisington Koegler Group, Inc. is hereby selected to complete the Park Dedication Fee Evaluation and Update at a cost of $15,755. 3. The City Manager is authorized to execute a standard professional services contract. 4. The funding source for this study will be the $150,000 SMSC donation which was deposited in the Capital Park Fund. PASSED AND ADOPTED THIS 28TH DAY OF OCTOBER, 2013. YES NO Hedberg X Hedberg Keeney X Keeney McGuire X McGuire Morton Morton X Soukup X Soukup Frank k6ylVs, 6ity Manager