Full Text
TABLE 2. Park Standards (Current City Standards) Neighborhood Park Community Park Resource Park Trails Total Total acres/trail miles needed 19.66 58.98 49.15 0.12 Acres per park - average 8.50 32.50 n/a n/a Parks needed 2.3 1.8 1.0 n/a Total parks needed 5.13 Total park area (acres) needed 127.79 Total trails (miles) needed 0.12 TABLE 3. Park Land Costs (2006 dollars) Neighborhood Park Community Park Resource Park Trails* Total Land cost per acre $500,000 $500,000 $300,000 $88,750 Acres needed per park 14.18 0.00 43.23 3.17 Land cost by park type $7,090,000 $0 $12,969,000 $281,160 $20,340,160 TABLE 4. Park Development Costs (2006 dollars) Neighborhood Park Community Park Resource Park Trails Total Development cost per park $750,000 $8,000,000 $1,000,000 Trail development cost per mile $1,000,000 Parks needed 2.3 1.8 1.0 n/a Trail miles needed 0.12 Development cost $1,734,706 $14,518,154 $1,000,000 $120,000 $17,372,860 While the City has acquired land for Community and Resource parks, money for park development is still needed. TABLE 5. Total Land and Development Costs (2006 dollars) Neighborhood Park Community Park Resource Park Trails Total Land and Development costs, parks and trails $8,824,706 $14,518,154 $13,969,000 $401,160 $37,713,020 Percent 23% 38% 37% 1% 100% Allocation to park impact fees @ 80% = $30,170,416 *For trails, 5.47 trail miles x 5280=28,882 trail ft/200 trail width in ft = 144.41 acres o:\tmarpert\park impact fees\060925 FINAL Park Impact Fee Worksheet 2006 Amendment Tables 2 - 5 version 2 12/21/2016