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ORDINANCE NO. 474 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />AN ORDINANCE AMENDING CHAPTER 42 OF THE MOUNDS <br />VIEW MUNICIPAL CODE ENTITLED, "SUBDIVISION REGULATIONS" <br />The City Council of the City of Mounds View does hereby <br />ordain: <br />SECTION I. Chapter 42.13 PARKS AND PLAYGROUNDS DEDICA- <br />TION, Subdivision 1. Dedication Required. is hereby amended <br />to read as follows: <br />(1) Pursuant to Minnesota Statutes 462.358, in all <br />subdivisions to be developed for residential, commercial, <br />industrial or other uses, or as a planned developed <br />which includes residential, commercial and industrial <br />uses, or any combination thereof, a reasonable portion of <br />each proposed subdivision shall be dedicated to the <br />public for public use as parks, playgrounds, public open <br />space, wetlands, or storm water holding areas or ponds, <br />or, at the option of the Municipality, at its sole <br />discretion, that the subdivider contribute an equivalent <br />amount in cash baeed on the fair market value of the <br />undeveloped land. <br />SECTION II. This ordinance shall take effect thirty (30) <br />days after the date of its publication. <br />Read by the City Council of the City of Mounds View on <br />this day of , 1989. <br />Read and passed by the City Council of the City of Mounds <br />View this day of F , 1989. <br />ATTEST: <br />Mayor <br />(SEAL) <br />Clerk -Administrator <br />APPROVED AS TO FORM: <br />City Attorney <br />