Agenda - Parks and Recreation Commission - 01/12/1989

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170. 063 C3.~H PAlq~2~h~ In lieu of public land dedication for the purposes of parks, playgrounds, trails and/or open space as above described, the city Council may require the subdivider to contribute ten percent (10%) of the fair m~rket value of the undeveloped land %'hich value is %o be dete.--mined no later than final plat approval or Five Hundred Dollars ($500.00) per d~,e!!ingun_Z~ created, %'hichever amount is greater. The fair ~arket value of the undeveloped land shall be dete.~T, ined by the tax assessments, records and fox-mules that apply thereto. The cash pa},".n, ents received as a result of ~n.s provision shall be placed in a special fund by the city and used only for acquisition of land for parks, playgrounds, public open space, trails and sto.--m ne~alng areas or pon~$, development of existing par):s playground sites, public open spaces and sto.-m %'ater holding areas or ponds and debt retirement in connection %'ith land previously ac~.~uired ~ - . .o~ such public purposes 170.064 COF~INATION OF LA/~D DEDICATION At{D CASH PAkq~h~f In appropriate plats, a ccr--~ination of land and cash r, ay be re.~aired by the city. 170.065 SCEh'iC ~--~h"~ In aoDrsDriate D~mts as dete_--~..ine~ by a-~reement bet'~'een the City Council and the subdivider, the sub"2ivider may deli=ate to the ~'~ ~ ~ a scenic easement in .- ..... co..~,~= ~_cn %'ith the re~lirements cf Sec%ions 170. 062 and !70. 063 above or, __ the subdivider tn.-. -' city Courts~__ =-gree, ~'~=_.._ scenic easement dedication nay be in lieu cf the reTairements in Sections 170. 062 =nm !70. 063 above. !70.066 AGRE~h~ ~3 TO DEDiC~.TiOtf Agreements as to the reTairements in Seuticns !7 0. tkrouch 170. 064 above ='-.~ ~_=.-~-~ z~mr~v~!.. · /~i!ure ~_-~ the City. C~unci!=n-.-~ subdivider through !70.064 ~bcve shz!! c~nsui-u~_. ~= .~eni-='~ cf ~%~.._ Station ........ :70 O~ c~ -~ Raiser. City C~.- "n-il.~ entit!e~ the effective 2 {: