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170. 063 CASH PAYF~ <br /> <br />In lieu of public land dedication for the purposes of parks, <br />playgrounds, trails and/or open space as above described, <br />the city Council may require the subdivider to contribute <br />ten percent (10%) of the fair market value of the <br />undeveloped land which value is. to be dete~mined no later <br />than final plat approval or Five Hundred Dollars ($500.00) <br />per dwelling unit created, whichever amount is greater. The <br />fair market value of the undeveloped land shall be <br />determined by the tax assessments, records and formulas that <br />apply thereto. The cash pa~ents received as a result of <br />this provision shall be placed in a special fund by the city <br />and used only for acquisition of !and for parks, <br />playgrounds, public open space, trails and stol-m water <br />holding areas cr ponds, development of existing parks and <br />playground sites, public open spaces and sto~m ~ater holding <br />areas or ponds and debt retirement in connection with land <br />previously acquired for such public purposes. <br /> <br />170.064 COKBINATION OF LAND DEDICATION AND CASH PAYP~Eh~ <br /> <br />In appropriate plats, a combination of land and cash nay be <br />required by the City. <br /> <br />170. 065 SCENIC EAS~A~T <br /> <br />In appropriate plats, as dete_--mined by agreement between the <br />city Council and the subdivider, the subdivider may dedicate <br />to the public a scenic easement in combination with the <br />requirements of Sections 170.062 and 170.063 above or, if <br />the subdivider and City Council agree, the scenic easement <br />dedication nay be in lieu of the re~airements in Sections <br />170.062 and 170.063 above. <br /> <br />170.066 AGRE~----~R~ AS TO DEDiCATION <br /> <br />Agreements as to the re~airenents in Sections !70.061 <br />through 170.064' above shall be made prior to preliminary <br />plat approval. Failure cf the CiTy Council and subdivider <br />to reach agreement regarding the matters in Sections 170.06! <br />through 170.064 above shall constitute denial cf the <br />preliminary, plat. <br /> <br />SECTION 2. <br /> <br />Sect~ cn 170 06 of the RamSey City Count~ ~ ~-~:~=~ <br />Dedication cf Parks=ne- ' Open Spaces adcmte~._? '~, Ordinance S~'- <br /> <br />applicable ~o subdivisions fi!e~ %'i~h ~he City. =c_ r a~rcva!.. <br />afzer the effective date cf th's~l Ordinance. Ordinance 83-13 <br /> <br />2 <br /> <br /> <br />