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Agenda - Council - 06/13/1989
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Agenda - Council - 06/13/1989
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11/25/2003 9:16:44 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/13/1989
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170.067 <br /> <br />~0.0~8 <br /> <br />If, at the option of the City, it is determined that a <br />cash dedication shall be made, said cash shall be placed <br />in a special fund for Parks and Recreation use and <br />deposited by the developer with the City ~4~ ~ ~ <br /> ~ ...... after final plat approval but prior to <br />recordinq of the plat. <br /> <br />COMBINATION OF LAND DEDICATION AND CASH PAYMENT <br /> <br />In appropriate plats, a combination of land and cash may <br />be required by the city. In the event a combination of <br />land and cash is required, the amount of land to be <br />dedicated shall be credited against the total park <br />dedication requirement and the remaining cash <br />contribution shall be based on the greater of the <br />specified cash contribution per dwelling unit or the fair <br />market value of the land. When determininq the cash <br />contribution for the remaininq acreage,, the overall <br />density of the plat shall be the basis for determining <br />the potential number of dwellinq units per acre. <br /> <br /> <br />
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