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�jStfikethfoughs to be removed <br /> Underlines to be added <br /> City of <br /> Elk -�-� <br /> River <br /> Ordinance 16 - <br /> An Ordinance Amending the 2016 Master Fee Schedule to Update the Park <br /> Dedication Fee and Rental Dwelling License Fees, of the City of Elk River, <br /> Minnesota, City Code <br /> The City Council of the City of Elk River does hereby ordain as follows: <br /> SECTION 1. That the 2016 Master Fee Schedule, of the City of Elk River Code of Ordinances <br /> shall be amended to add or change the following fees: <br /> Park Dedication <br /> ■ Residential <br /> o Low Density (<4 DU/ acre) $1,425.93/dwelling unit <br /> o Medium Density (4 to <7 DU/ acre) $1,075.79/dwelling unit <br /> o High Density (>7 DU/ acre) $4,897.04/dwelling unit <br /> ■ Commercial 8% of county assessed value <br /> ■ Industrial 6% of county assessed value <br /> Rental Dwelling License <br /> ■ Eliminate "double fee applies if rental takes place before license is issued. Effective date for this fee begins <br /> July 9, 2093" <br /> ■ Single Family: $65 per dwelling <br /> ■ Multi-Unit: $65 per dwelling + $16 per individual unit <br /> ■ Single Family Conversion: $300 ($150 if owner attends city-approved rental property <br /> management training program) <br /> ■ Re-inspection Fee: $100 <br /> ■ Re-instatement Fee: $1,500 <br /> SECTION 2. That this ordinance shall take effect upon adoption and be published as provided by <br /> law. <br /> Passed and adopted by the City Council of the City of Elk River this 5th day of July, 2016. <br /> John J. Dietz,Mayor <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> URE <br /> Last Updated il7asch 2014 INATJ <br />