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ORDINANCE 488-~ <br /> <br /> CITY OF RAMSEY <br /> ANOKA COUNTY <br />STATE OF MINNESOTA <br /> <br />AMENDMENT TO CHAPTER 170. known as the Planning, Subdivision and Signs <br />Chapter of the Ramsey City code. <br /> <br />AN ORDINANCE AMENDING SECTION 170.063 of the City Code. <br /> <br />The City of Ramsey ordains: <br /> <br />SECTION 1. AMENDMENT. <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 fair market value of the undeveloped land which value is <br />~te~zned no later ~_.~fln~1.~ ........ ,~ .... 1 or ~"~ w,]ndrPH Dnllars <br />($500.0U) p~r dwelling unit created, whichever amount is greater. The <br />cash payments received as a result of this provision shall be placed <br />in a special fund by the City and used only for acquisition of land <br />for parks, playgrounds, public open space, trails and storm water <br />holding areas or ponds, development of existing parks and playground <br />sites, public open spaces and storm water holding areas or ponds and <br />debt retirement in connection with land previously acquired for such <br />public purposes. <br /> <br />SECTION 2. EFFECTIVE DATE. <br /> <br />This Ordinance becomes effective upon its passage and thirty (30) days <br />after its publication according to law, subject to City Char:er <br />Provision, Sec:ion 5.04. <br /> <br /> PASSED by the City Council of the City of Rmsey, Minnesota, on the <br />day of , 1988. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City A~ministrator <br /> <br />Introduction date: August 23, ~q88 <br />Posting da:es: <br />A~option date: <br />Publication da:e: <br />Effective da:e: <br /> <br /> <br />