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Ordinance � 6 0 14 <br />Striketkratighs to be removed <br />Underlines to be added <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) <br />o Medium Density (4 to <7 DU/ acre) <br />o High Density (>7 DU/ acre) <br />Commercial <br />■ Industrial <br />Rental Dwelling License <br />$1,425.93/dwelling unit <br />$1,075.79/dwelling unit <br />$4,897.04/ dwelling unit <br />8% of county assessed value <br />6% of county assessed value <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 f $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 />lay. <br />Passed and adopted by the City Council of the City of Elk River this 5th day of July, 2016. <br />ATTEST: <br />Tina Allard, City Clerk <br />Last Updated March 2014 <br />