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HomeMy WebLinkAboutOrdinance 604 . . read: . read: ~?' ....,..t"'il..... .. ;tc::.UO'::4 !oltn::S.47 lIP ORDINANCE NO.4- CITY OF MOlJNDS VIEW CO~TY OF RAMSEY STATE OF MINNESOTA AJ.~ ORDINAJ.'iCE Ai.'rIENDING TITLE 1200, CHAPTER 1204 OF THE MOUNDS VIEW MUNICIPAL CODE RELATING TO PARK DEDICATION FEES. THE CITY OF MOu"NDS VIEW ORDAINS: Section 1. Section 1204.02, subd. 4 of the Mounds View Municipal Code is amended to Subd. 4. Dedication for ReSidential Lands: The subdivider of any tract of land 'which is to be developed for residential uses shall dedicate to the public for public use as parks, playgrounds. public open space or storm water holding areas or ponds, that dollar value of the tract to be subdivided., which corresponds vvith the applicable density size of the subdivision in the following schedule: Subdivision Size Cre:ss De~itv Cash Dedication Per Acre Residential uses on oarcel(s) ~ith a lotal area of less than one 3.CI'e 5% of market value of land 0.0 ::.0 ~"e!Ii=; ~ts ;e: a6l~ s:~.oo ::..1 3. 9 ~,-el1m; :::::10 ;e: ae=-c 159.99 : .1 1.. J :8"Y\-~I.lli:; ::..~r.s ~: :lc::-. :00.00 '!. ~ 5. 9 D'?:al!.:=:; ~ ?r ae:-e :50.00 Ol,'e:- 5.0 Residential uses Dwe~ Uf:its }ef J..t:re on oarcel(s) with a total area of one acre or 2Teater 10% of market value of land Section 2. Section 1204.02, suM 5 of the Mounds ViC"N ~lunicipal Code is amended to Subd. 5. Dedication for Commercial and Industrial Lands: Tne subdivider of any tract of land which is to be developed for commercial and industrial uses shall dedicate . . . ATTEST: (SEAL) !c::..u0624 ~::ZS-..7 to the public for public use as parks., playgrounds, public open spac.: or storm water holding areas or po~ ten percent (10%) of the land of the Proposed subdivision or.. at the option of the Municipality, an equivalent of cash equal to ten cent 10% of the 1ll4rket value of the land at e' e of the subdivision. S.:ction 3. Sc:crlon 1204.02., subd. 6 is aIne:lded to read: SuM 6. DediC:lrion for ~-Subdivision; For anv subdh.ision of a narcel on which a ~ . cash dedication for parks has previousLy been made but on which an additional cash dedication is required due to re-SUbdivision, the amount of cash dedicttion required on the re.SUbdivided parcel(s) to be develooed for residential YSes shall be based. on the aew ~ss .i<:atj market value of the land at the time of re.~Yision based on the schedule set fon:h in subdivision 4 of this section less any applicable credit for the prior cash dedication. The amount of cash dedicarion recnrired on the re-subdivided oart:e!(s) to be deveIooed for comm~a1 or indY5trial uses shall be based on ten oet'cent n 0%) of the market value of the land at the time of fe-subdivision less any anolicable g:oedit for the ~rior ClSh dedic:tt:ion. (1988 Cocic: g4213) Sc:ction 4. This ordinance takes effect thirty days after its publication. Adopted this) 7 day of {JcftJIwu . 1997 -~M~-~ !vf.ayor Duane McCarty W<--J04;-: Chuck: iN1Iiring, City Administrator