03-10-1982 Council Agenda - Laserfiche WebLink

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(a) The developer shall donate that dollar value of the tract to be subdivided for residential use which corresponds to the applicable density of the subdivision in the following schedule: Gross Density 0 — 2.0 2.1 — 3.0 3.1 — 4.0 4.1 — 5.0 5.1 or more Dwelling Units Per Acre Dwelling Units Per Acre Dwelling Units Per Acre Dwelling Units Per Acre Dwelling Units Per Acres Gross Donation Per Acre 3% of fair market value 4% of fair market value 5% of fair market value 6% of fair market value 10% of fair market value (b) The developer of any land which is presently zoned for single family dwellings and already has one or more single family dwellings situated thereon, shall receive a credit or credits for the existing dwellings by excluding that occupied portion of said land from the computation of dwelling units per acre as provided herein. (c) The developer of any land which is to be developed for commercial or industrial use shall donate an amount of cash equal to ten (10 %) percent of the fair market value of the undeveloped land. 2101.030. LAND APPRAISAL. In those cases in which the City Council requires a cash donation as provided herein, the value of the land shall be determined by a competent land appraiser selected by the City. For the purposes of this Section, such a determination of the value of the undeveloped land shall be conclusive. Any costs incurred by the City in determining the fair market value shall be paid by the developer. 2101.040. RESUBDIVISION CREDIT. In the development of any parcel of land which previously has been subdivided and previously subjected to a cash donation pursuant to this Chapter, the amount of such cash donation previously received shall be a credit against any new donation required for resubdivision. 2101.050. PARK CHARGE FOR INDIVIDUAL DWELLINGS. 1. Recognizing that additional residential dwellings not part of a subdivision, also create a need for public parks, the Council declares that this Chapter shall also apply to single family dwellings and multiple dwellings to be constructed, providing that such dwellings are not located in a subdivision which has already been subjected to the park charge pursuant to the provisions of this Chapter.