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08-13-1990 Council Packet
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08-13-1990 Council Packet
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11/26/2024 1:32:05 PM
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®xpc*?ss reservations. <br />The general issues related to any developer's fee ate as follows: <br />Caoital versus Operations - Generally dedication <br />are ioc caoi til" expend! tut es only, it is expected that <br />operational expenditures would be handled by existing <br />tax base for Lhe portion of operations used by the <br />current users and new'tax base for the use by the new <br />development. <br />capital Costs Split - To the extent that any new <br />73^^17 ri” soley for use by new development, the total <br />should be paid by the developers. However, for those <br />facilities which there is service to both current <br />development and new development and necessitated by both <br />it is felt the issue relates as to how that is s?lit. <br />(It is assumed that costs for current “sers would ^ithe <br />be through general tax base or some type of assessment.) <br />How Constructed and Paid - <br />construction - Either built by the developer or by <br />contract and'construction under City auspices. <br />rlnancinq - Privately - ^>tber paid , ivately by the <br />developer and ilnaiiced in either private sales <br />mortgage costs. <br />Publicly - Payment can either be through a <br />levriopet’s payment up front or an assessment. <br />zSninV s'taSJafd"\ht'c~\Ty <br />|«”'iyTtem\'’VVhe"?0-3°0% of thi land that is left undeveloped <br />awaiting to be subdivided. <br />that new units create a potential impact on the park syst-m. <br />The use of park land falls into three catagories. <br />open space - This element recognises the benefit^ toj <br />^iTv oT^eas which are not built on. *n <br />urban environment of central cities, such open space is <br />Critical and"“in many of the redevelopments do"e in the <br />central cities they work to free up open space for small <br />Hrks and plazas. In a suburban area because of the <br />larger sized lots this is not as critical an issue. <br />Pa,!«ive Park Space - This represents the for <br />^mizttTSH"ar^wn on the Comprehensive Plan that
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