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ORDINANCE <br /> <br /> CITY OF X&HSE¥ <br /> AKO£A COUNTY <br />STATE OF MINNESOTA <br /> <br />A~)~DMENT TO CH;3TER 170. known as :he Planning, Subdivision and Signs <br />Chap:er of the F, zmsey City code. <br /> <br />ORDINANCE A"£NDINC SECTION 170.063 of the City Code. <br /> <br />The City of ~msey ordains: <br /> <br />SECTION ! , ~.MENDHEKT. <br /> <br />Section 170.063 of the Ramsey City Code is amended to read as follows: <br /> <br />170.063 CASH PAYMENT <br /> <br />In lieu of public land dedication for the purposes of parks, <br />playgrounds, trails and/or open space as above described, the City <br />Council may require the subdivider to contribute ten percent (10%) of <br />the fa;~ market value of the undeveloped land which value is to be <br />determined no later than final plat approval or Five Hundred Dollars <br />($500.00) per dwelling unit created, whichever amount is greater. T~ne <br />cash payments received as a result of this provision shall be placed <br />in a special fund by the City ar~ used only for acquisition of land <br />for parks, playgrounds, pub!i¢~open space, :rails and storm ware.~ <br />holding areas or ponds, development of ezisting parks and playground <br />si:es, public open spaces and storm wa:er holding areas or ponds and <br />debt retirement in oonnec=ion with land previously acquired for such <br />public purposes. <br /> <br />SECTION 2. EFFECTIVE DATE. <br /> <br />.--his Ordinance becom-es effective upon ius passage and thirty (30) d--ys <br />-fret its pub!~ca=ion according :o law, subject 'o City Char:er <br />Provision, Sec:ion $.04. <br /> <br /> P~SED by :he City Council of :he City .cf F.=sey, Minnesota, on :he !3th <br />day of Sept... ., !~$$. <br /> <br />ATTEST: <br /> <br />F.~y or <br /> <br />Ci:y ~!m!nis:ra:¢r <br /> <br /> <br />