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The City Coun&il.!in~'~ that t~e da'man~ 'fo~"transpDrtatio~ <br />facilities within the municipality is directly related <br />to the 'density and intensity of development permitted and <br />allowed within the city. More development means greater <br />n~ber of people and a/~ increase demand for transpor- <br />tation facilities and specifically' collector/arterial <br />streets. : <br /> <br />It is the policy of the Ci.t.y that new residential <br />buildings and non-residential buildings shall pay an <br />impact fee for . the . purpose, of creating revenue for <br />construction of new collector/.arterial street, s and the <br />improve~ment of the city' s .existing collector/arterial <br />system. -. <br /> <br />Subd. ' 2. Residential Devel0pmant~l Assessment. <br /> <br />Subdividers of residential developments shall be required <br />at the time of Final Plat approval to pay <br />~ for each newly created lot in the Plat. <br /> <br /> SECTION '4. EFFECTIVE DATE. <br />'"This ordinance, becomes effective thirty (30) <br /> publication subject to city Charter Section 5.07. <br /> <br />days after its <br /> <br />PASSED by the' City Council o'~ the City of t~amsey this <br />of ._., 1996.' <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />city Adh~inistrator <br /> <br />Introduction Date: ~ember_ 14~ 1995 <br />Posting Dates: <br />Adoption Date: <br />-~%zblication Date: <br />Effective Date: <br /> <br />day ~, <br /> <br /> <br />