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Fee on development to pay for parks moves closer to approval in Minneapolis

A proposed fee on new development in Minneapolis dedicated to funding parks appears to be on course to adoption this fall, according to the Southwest Journal. Discord between the park board and city council over the fee has been repaired, and the fee reduced:

"With some exceptions, the ordinance would require developers to create parks on new project sites or pay a fee for the creation or enhancement of nearby green space. The ordinance, similar to those used in many metro-area suburbs to develop new parkland, is meant to help the financially strapped Park Board meet the outdoor needs of the city's population as it grows....

"Fee collections would be placed in a special Park Board-managed fund and used solely for the acquisition, development and improvement of green space and park connections within the neighborhood the development is in or an adjacent neighborhood within a half-mile radius. 
 
"'The challenge is we are in very difficult financial times and any additional costs you want to make sure that they're not so great that they would limit any new development,' Erwin said. 'But the Park Board wanted to make sure that the support was enough that they could actually do something.'

"Developers of affordable housing projects would be exempt from the ordinance ..."

Read the full article here.


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