HomeMy WebLinkAbout1987-022 Council Ordinances•
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CITY OF LINO LAKES
COUNTY OF ANOKA
STATE OF MINNESOTA
Ordinance No. 22 - 87
AN ORDINANCE AMENDING THE LINO LAKES CITY CODE BY CHANGING THE PARK DEDICATION
FEE
The City Council of the City of Lino Lakes, Anoka County, Minnesota does ordain:
I.
Property Dedication. Section 1001.14 of the Lino Lakes City Code is amended
to read as follows:
AMENDMENT: ELIMINATE: "This equivalent shall be $160.00
per dwelling unit to be constructed within such
proposed development or ten (10%) per cent of the
fair market land value of the development, which-
ever is less."
ADD: "This equivalent shall be $400.00
per dwelling unit to be constructed within the
proposed development or ten (10%) per cent of the
fair market land value of the development, which-
everisgreater. Where land is given to the City
for public purposes, the amount shall be determined
as follows:
Denisty in Units/Acre Percentage of Land Dedication
0 to 3 10%
3 to 5 12%
5 to 7 14%
7 to 9 16%
10 or more 18%
In all instances, the cash payment will be required prior
to the signing of the final plat.
II.
This Ordinance shall be effective thirty (30) days after it passage and publication
as required by the City Charter.
Passed by the Council of the City of Lino Lakes this twenty-eighth day of
December, 1987.
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Marilyn G. Anderson, Clerk -Treasurer