Ordinance - #93-01 - 01/26/1993 - Laserfiche WebLink

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affect at fla. time final plat approval is granted. "Fair Market Value", for purposes of this subdivisibn, Shall be determined at the time of approval of the final plat in accordance with the follo'~ingi a. The City Park and Recreation Commission and subdivider may agree upon a recommendation to the City Council as to the fair market value based upon recommendation by the Assessor. The City Council after reviewing the Park and Recreation Commission's recommendation, may agree with the subdivider as to the fair market value. If agreement is not reached in this manner, then fair market value shall be determined in accordance with the following: The fair market value as determined by the City Council based upon appraisals, accepted purchase agreements, comparable market transactions or other pertinent records as determined by the City Council. The CitYl Council, upon review and recommendation of the Park and Recreation Commission shall annually determine by resolution the park and dedication fee per residential unit. If, at the Option of the City Council it is determined that a cash dedication shall be made, said cash Shall be placed in a special fund for Parks and Recreation use and deposited by the developer with the City prior to f'mal plat approval. [, Subd. 7. Combination of land dedication and cash payment. In appropl'iato plats, a combination of land and cash may be required by the City Council. In the evegt a Combination of land and cash is required, the amount of land to be dedicated shall be ~edited against the total park dedication requirement and the remaining cash contribufi~>n Shall be based on the greater of the specified cash contribution per dwelling unit or th~ fail' market value of the land. When determining the cash contribution for the remaininli ae~eage, the overall density of the plat shall be the basis for determining the potential ~umber of dwelling units per acre. Subd. 8. Scenic easements. In appropriate plats, as determined by agreementl be[ween the City Council and the subdivider, the subdivider may dedicate to the public a ~eni¢ easement in combination with the requirements of §9.50.37 Subd. 2 and 3 above or, if thi~ subdivider and City Council agree, the scenic easement dedication may be in lieu of tip tO 25% of the requirements in §9.50.37 Sub& 2 and 3 above. i Subd. 9. Required improvements. Subdividers shall be responsible for making cer~dn- improvements to the parkland they dedicate within their development for park, play,erred and public open space purposes as follows: a. Provide finish grading and tuff establishment for all park, playground, trail and public open spaces and provide landscape screening in accordance with City Policy. b. Construct and pave trails which are identified by the City as accessible bikeway/walkway trails in accordance with City Standards concurrently with the roads in their developments (i.e., grading with site grading and paving with street or parking tot paving). Grade and provide appropriate surfacing, as approved by the Park and Recreation Commission, of trails identified by the City as horse or wilderness trails. Park dedication credit will be given for construction of the