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The following is an entirely different <br />determining PARK FEE ?or property within <br />RAMSEY. It is based on %he diverse <br />urban/rural type ci%g such as Ramsay. In <br />o¢ ci~les and their P~rk ?ormulas~ %here <br /> <br /> formula ?or <br /> the city <br /> needs o¢ an <br /> <br /> the research <br />was found no <br /> <br />simple method that would satisfy the present and future <br />needs o9 this city. Stress the ?uture needs, as the most <br />important criteria was 'to be equitable without needing <br />to make changes in the ?orseeable future, except to the <br />base' figure as this method is applied. No changes wouId <br />be necessary to how or who it would be applied to. <br /> <br />This new method will also remove the burden o? the park <br />Cee ?rom the developer o? the property, and put it on <br />the end user. The end user is the party~ who create the <br />need ?or park~ and their development and m~intenance. <br />It is assumed that~ because the developer is saving <br />mqneg, in the form o? not paying a large tee, or not <br />donating deveIopeable land, UP FRONT,. .that this will. <br />lower the Cost o? the land to the end user. Ttmis new <br />method should be equitable to aIZ sectors o~ Ramseys <br />residential and business community. <br /> <br />Here it is': <br /> <br />The ¢ormula ?or determining Park Dedication is as <br />follows: A fee amounting to two and one-hal? tenths o? <br />one percent o? each building permit, based on the value <br />o? the building as determined bg the Building o?ficiaI, <br />~nd ~s stated on the building permit. This FEE will be <br />computed by the ~inance dep~rtment~ who will m~ke the <br /> <br /> <br />