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to be removed <br />Underlines to be added <br />d) Riyh amed eomwirial or indffs-hit yVeitv. Prior platted comme rcial and industfial land on which <br />park dedieatiofi has not been received by the city,being replatted with the same land area, <br />shaR be exempt from a4l park dedication requiremeffts. if laiad area is being added <br />P-1-ttsly recorded plat, then additional park dedicatioia requirements sha4l be based on th-e <br />dl Beplatted property. Previously subdivided property from which a park dedication has been <br />received, being re-subdivided with the same number of lots, is exempt from park dedication <br />requirements. I£ as a result of re-subdividing the property, the number of lots is increased, then <br />the park dedication or per-lot cash fee must apply only to the net increase of lots. <br />e) Use of casb contributions. Any monies paid to the city in lieu of park dedication shall be placed in a <br />special fund and used only for the acquisition and development or improvement of land for <br />parks, recreational facilities, playgrounds, trails, wetlands, or open space; for the <br />develepmerrt based on the approved park systems plan. Cash payments must not be used for <br />ongoing operation or maintenance of such areas fid sites. and for debt refir,.metit tn cofineefto <br />with lafid previously acquired or developed for such public pttToses. Afty monties specifica4ly <br />paid to the city for parks, recreational facilities, playgrounds, trails, <br />I . * <br />Ofl of lafid for trails and for the development of such lafi wetlands, or open space. <br />Deteymbiation t F*-mayAet Palue of nd For pttToses of this section,the term "fair market vaItte <br />of the undeveloped land" is defined as the fair ffiarket value of the land within such plat <br />replat, or subdivision as of the date the plat, replat, or subdivisiofi is presented to the city <br />cottficil for approval of the final plat, as deten=nified by the city ifi the same fnanfler as the <br />county assessor deteffnifies the fiair market value of lafid for tax puToses. <br />fg)Dedications for purposes otber than parks. In addition, in every plat, replat, or subdivision of land, the <br />land required for public streets, regional stormwater holding ponds and wetlands shall be set <br />aside and dedicated on the plat subdivision by the owners to the city for these purposes. These <br />areas will not be credited towards park dedication requirements. <br />gh)Giteria for determining suitability of land. The suitability of land proposed to be dedicated for park <br />and recreational purposes shall be determined by reference to the following criteria: <br />1) Whether the land is reasonably located and suited for its intended use. <br />2) Whether the land has frontage on public or private roads as determined by the city. <br />3) Size, shape,topography,geology,hydrology, tree cover, access, and location. <br />4) Consistency with the goals and objectives of the master park and recreation plan. <br />hi)Improvements to dedicated land. As part of the subdivision or plat approval, the tract owner shall be <br />responsible for making certain improvements to land dedicated for park, trail and public open <br />space purposes,including, but not limited to, finish grading, ground cover, construction of trails <br />and clearly identifying park and trail boundaries with city-approved markers. <br />P a N E R E R R Y <br />Last Updated March 2014 <br />litm§AfVR