Park Dedication Fees
What are they? When a new residential development goes up in our neighborhoods, the developers are required to pay a fee to the Park Board. The amount of the fee is determined by the number of units and other factors. Park dedication fees are required to be spent in the park that is in the same neighborhood as the new building. Also, they can only be spent on new amenities, the idea being to add value through new opportunities for recreation.
Currently the Standish and Ericsson neighborhoods both have park dedication fees available due to the number of new building that have gone up in the last couple of years. The fees dedicated to Sibley Park are being used to partially fund the park improvements that are scheduled to begin in the near future. There are additional fees available for both Hiawatha Park and the Minnehaha Creek Regional Trail. Both of these parks have had master plans developed which include new amenities. The Hiawatha Park plan has not yet been approved by the park board, but the Minnehaha Trail plan has been approved.
Fees can be used to fund new amenities that have been included in the master plans, or for things that were not necessarily included. The park board needs input from residents on how the money should be spent. You can provide feedback by clicking on the link below and telling us what you want to see added to the parks.
Please visit the below links to learn more about what is being planned and when it is expected to happen.
Learn more about Park Dedication Fees
Minnehaha Parkway Regional Trail Master Plan: