Ordinance - #73-02 - 05/01/1973 - Laserfiche WebLink

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8.06 DEDICATION OF PARKS AND OPEN SPACES. In all new subdivisions, seven per cent of the gross area subdivided shall be dedicated for public recreation space with such seven per cent being in addition to properW dedicated for streets 0 alleys, easements, or other l~ublic ways. No areas ma~' be dedicated for public use until such areas have been approved by the Planning Commission and Town aoard as being suitable and needed for the public health, safety, convenience, and/or general welfare. When the subdivision is too small ~dedication of public land or 1/ no land in the ~ubdivlsion issuitable fo~ such use, the subdivider shall be required to pay a fee of $100.00 per lot created or ten per cent of the market value of all the land contained in entire pla~, as determined by tax assessments., records and formulas that apply thereto, whichever is greater. SECTION 9. CONSTRUCTION OF IMPROVEMENTS. 9.03 Financial Security. The performance contract shall ~;equire the sub- divider to make a cash escrow deposit or in lieu thereof to furnish a periormance bond in the following amounts and upon the tollowing conditions. a. Escrow Deposit. The subdivider shall depoait with the Township Treasurer a cash amount equal to 150 per cent of the total cost of such improve- ments as estimated by the township engineer, including the estimated expense ol the Township for engineering and legal fees and other expenses lncun'ed by the township in connection with the making oi such improvements. b. Perlormance Bond. In lleu'of a cash escrow deposit, the subdivider may furnish a performance bond, with a corporate surety satisfactory :o the Township, in a penal sum equal to 150 per cent of the total cost of such lraprove- ments as estimated by the Township Engineer, including the estimated expense of the Township for engineering and legal fees and other expenses incurred by the Township in connection with the making of such improvements. . 9.09 STREET IMPROVEMENT STANDARDS. a. Grading. The full width of the right-of-way of each street and alley shall be graded, including the subgrade of the areas to be. paved, in accordance with the standards and speclttcations established by tie Township. b. Surfacing. All streets e~i R-l, suburban resident£all R-2, urban residential: B-1 communit%, business, B-2, General business~ and I-2, light industrial districts, as defined by the Ramsey Township Zoning Ordinance shall be paved with concrete or bituminous surfacln.~ ~n accordance with the standards and specifications which have been adopted by resolution of the Town Board. c. Private Driveways. All private driveways providing access to public right-of-way shall approach to grade level.