Agenda Packets - 2019/07/08 - Laserfiche WebLink

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Ordinance 960 Page 2 of 2 If an equivalent ameti t i a cash fee from the subdivider for part or the entire portion required to be dedicated is to be paid by the subdivider, such amount is due no later than at the time of final approval of the proposed subdivision. SECTION 2. The City Council of the City of Mounds View hereby amends the 2019 Fee Schedule by adding the double -underlined material and deleting the sin material as follows: IL OTHER INSPECTION / PLANNING FEES Park Dedication Fees (Ord. 745-960 Up to 109% of fair- ,,.,.,fket valt e Up to ten percent (10%) of the buildable land of the proposed subdivision, or: Residential: $3,500 per Dwelling Unit, Commercial/Industrial: Cash equivalent of up to ten percent (10%) of the estimated market value of buildable land based on SECTION 3. In accordance with Section 3.07 of the City Charter, City staff shall have the following summary printed in the official City newspaper in lieu of the complete ordinance: On July 22, 2019, the City Council adopted Ordinance 960 that amends Title 1200, Chapter 1204, of the Mounds View City Code relating to Park Dedication Fees, and the correlating section of the 2019 Fee Schedule. A printed copy of the ordinance is available for inspection during regular business hours at Mounds View City Hall and is available online at the City's web site located at www.moundsviewnm.org. SECTION 4. This ordinance shall take effect and be in force 30 days from and after its passage and publication, in accordance with Section 3.09 of the City Charter. Introduction and First Reading by the Mounds View City Council on July 8, 2019. Second Reading and Adoption by the Mounds View City Council on July 22, 2019. Publication Date: August 2, 2019. Carol A. Mueller, Mayor Attest: Nyle Zikmund, City Administrator (SEAL)