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T~e City Council finds that the demand for transportation <br />facilities within the municipality is directly related <br />to the density and intensity of development permitted and <br />a~lowed within the City. More development means greater <br />n~mber of people and an increase demand for transpor- <br />tation facilities and specifically collector/arterial <br />streets. <br /> <br />It is the policy of the City that new residential <br />b~ildings and non-residential buildings shall pay an <br />i~pact fee for the purpose of creating revenue for <br />construction of new collector/arterial streets and the <br />improvement of the city's existing collector/arterial <br />system. <br /> <br />Subd. 2. Residential Developmental Assessment. <br />S~bdividers of residential developments shall be required <br />a~ the time of Final Plat approval to pay to the City <br />$500.00 for each newly created lot in the Plat. <br /> <br />SECTION 4. EFFECTIVE DATE. <br /> <br />This Ordinance becomes effective thirty (30) days after its <br />publication !subject to City Charter Section 5.07. <br /> <br />PASSED by t~e City Council of the City of Ramsey this <br />of ~ , 1995. <br /> <br />day <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Administrator <br /> <br />Introductioni Date: November 14, 1995 <br />Posting Date~: <br />Adoption Dat~: <br />Publication Date: <br />Effective Da~e: <br /> <br /> <br />