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Application 2022 Fee Escrow Notes <br />Cash contribution maximum <br />Residential density of 3 units per acre or less: maximum 4 percent of the predeveloped value <br />Residential density of 3.1- 8 units per acre: maximum 8 percent of the predeveloped value <br />Residential density of 8.1 - 15 units per acre: maximum 12 percent of the predeveloped value <br />Residential density of 15.1 units per acre or more: maximum 20 percent of the predeveloped value <br />Per new lot, or new <br />structure on previously Per buildable acre <br />$16,150.00 <br />$8,060.00 <br />$5,250.00 <br />$3,025.00 <br />$7,275.00 <br />$8,490.00 <br />Where the anticipated park needs are greater than the number of acres to be developed, the city establishes a maximum park <br />dedication maximum: <br />Land Dedication Minimum Area - Developers shall be required to dedicate to the City for parks, playgrounds, trails, open spaces and <br />other public purposes an amount of land proportional to the amount of land being developed and to the number of residential units or <br />commercial industrial employment, as set forth in Section 82-226: <br />0.1 acres of land per residential dwelling unit <br />0.1 acres for every acre of commercial or industrial zoned land, or 0.1 per every 14 expected employees, whichever is greater <br />Cash contribution is equal to the amount of land required In those instances where a cash contribution is to be made by the <br /> <br />Single Family Residential 2 Acre Zone <br />Single Family Residential 1 Acre Zone <br />Single Family Residential 1/2 Acre Zone <br />Multi Family Residential 4 Units/Acre or Less <br />Multi Family Residential Greater than 4 Units/Acre <br />STORMWATER AND DRAINAGE TRUNK FEES <br />Storm water trunk fees apply to new development and redevelopment of existing properties and provide funding for the storm <br />water infrastructure necessary to serve the City The trunk fee is based on the land use and acreage of the property being developed <br />NEW DEVELOPMENT LAND USE <br />Single Family Residential 5 Acre Zone <br />Stormwater and Drainage Trunk fees as established by Subdivision IV, Section 14-283 of the City Code. <br />PARK DEDICATION