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Zoning File #1551 <br />June 13# 1990 <br />Page 4 <br />It should be noted for the applicant that as the subdivision <br />was filed after the May 1, 1990 effective deadline for the new <br />park dedication fees, the developer shall pay 8% of the fair <br />market value of the property at the time of the preliminary <br />subdivision application. Staff has enclosed a copy of that <br />ordinance for the Planning Commission's review and for the <br />developers information.