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(~) The following is an entirelg different <br /> determining PARK FEE for propertg within <br /> <br />RAMSEY. It is based on the diverse <br /> <br />urban/rural tgpe citg such as Ramseg. In <br /> ! <br />of cities and their Park formulas, there <br /> <br /> formula for <br />the cit~ of <br />needs of an <br />the research <br />was found no <br /> <br />simple method that would satisfg the present and future <br />needs o~ this citg. Stress the future needs, as the most <br />important criteria was to be equitable without needing <br />to make changes in the forseeable future, e>:cept to the <br />base figure as this method is applied. No changes would <br />be necessarg to how or who it would be applied to. <br /> <br />This new method will also remove the burden of the perk <br />fee from the developer of the propertg, and put it on <br />the end user. The end user is the partg who create the <br />need for perP~ and their development and maintenance. <br />It is assumed that~, because the developer is saving <br />Im~qney, in the form of not paging a large fee, or not <br /> <br />donating developeable land, UP FRONT,. that <br />lower the. cost of the lend to the end user. <br />method should be equitable to all sectors <br />residential and business communitg. <br /> <br /> this will <br /> <br /> Th i s new <br />of Ramsegs <br /> <br />Here it is': <br /> <br />The formula for determining Park Dedication is as <br />follows: A fee amounting to two and one-hale tenths o¢ <br />one percent of each building permit~ based on the value <br />of the building es determined by the Building officiat~ <br />and as stated on the building permit. This FEE will be <br />computed by the finance department, who will make the <br /> <br /> <br />