Laserfiche WebLink
Draft <br /> 06/04/99 <br /> PROPOSED PARK DEDICATION ORDINANCE <br /> 1008.18 - DEDICATION OF LAND OR CONTRIBUTION OF CASH FOR <br /> PUBLIC PURPOSE <br /> 1. In every plat, replat or subdivision of land to be developed <br /> for residential, commercial, industrial, or as a planned <br /> unit development which includes such uses or any combination <br /> thereof, as general rule, it is reasonable to require that: <br /> a) an amount of land equal in value to ten percent (10%) <br /> of the undeveloped land proposed to be subdivided <br /> shall be set aside and dedicated by the tract owner or <br /> owners to the general public as open space for parks, <br /> playgrounds, trails, or public open space; <br /> b) or, at the option of the City, the tract owner or <br /> owners shall contribute to the City an amount of cash <br /> equal to the fair market value of the undeveloped land <br /> otherwise required to be so set aside and dedicated, <br /> or set aside and dedicate a part of such land and <br /> contribute the balance of such undeveloped land value <br /> in cash. <br /> • b) The City Council shall determine the amount of cash to <br /> be required by resolution from time to time. <br /> c) Residential Property being replatted with the same <br /> number of lots and same number of dwelling units shall <br /> be exempt from all park land dedication requirements. <br /> If the number of lots or the number of dwelling units <br /> is increased, or if land outside the previously <br /> recorded plat is added, then the park dedication shall <br /> be based on the additional lots and on the additional <br /> land being added to the plat. <br /> d) Commercial and Industrial land being replatted with <br /> the same land area shall be exempt from all park <br /> dedication requirements. If the land area is <br /> increased, or if land outside the previously recorded <br /> plat is added, then the park dedication requirements <br /> shall be based on the additional land being added to <br /> the plat <br /> 2. Any monies so paid to the City shall be placed in a special <br /> fund and used only for the acquisition of land for parks, <br /> playgrounds, trails, public open space and development of <br /> such areas and sites, and for debt retirement in connection <br /> with land previously acquired or developed for such public <br /> purposes. Any monies specifically paid to the City for <br /> \\elkriver\sys\shrdoc\planning\stevewen\parkmmo\dedord.doc <br />