Ord #308 fee schedule - Laserfiche WebLink

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PARK DEDICATION Land Dedication Minimum Area-Developers shall be required to dedicate to the City for parks,playgrounds,trails,open spaces and other public purposes an amount of land proportional to the amount of land being developed and to the number of residential units or commercial industrial employment,as set forth in Section 82-226: 0.1 acres of land per residential dwelling unit 0.1 acres for every acre of commercial or industrial zoned land,or 0.1 per every 14 expected employees,whichever is greater Cash contribution is equal to the amount of land required In those instances where a cash contribution is to be made by the developer,in lieu of a conveyance or dedication of land,the cash contribution to be contributed shall be equivalent to the fair market value of the land to be dedicated. Cash contribution maximum Where the anticipated park needs are greater than the number of acres to be developed,the city establishes a maximum park dedication maximum: Residential density of 3 units per acre or less:maximum 4 percent of the predeveloped value Residential density of 3.1-8 units per acre:maximum 8 percent of the predeveloped value Residential density of 8.1-15 units per acre:maximum 12 percent of the predeveloped value Residential density of 15.1 units per acre or more:maximum 20 percent of the predeveloped value STORMWATER AND DRAINAGE TRUNK FEES Storm water trunk fees apply to new development and redevelopment of existing properties and provide funding for the storm water infrastructure necessary to serve the City.The trunk fee is based on the land use and acreage of the property being developed. An equivalency factor multiplier is assigned to each land use type,with a 2-acre residential lot considered as the standard in the City with an equivalency factor of 1.0. The table below lists the storm water trunk fees per acre for the various zoning districts and land uses in the City. Stormwater and Drainage Trunk fees as established by Subdivision IV,Section 14-283 of the City Code. Per new lot,or new NEW DEVELOPMENT LAND USE structure on Per buildable acre previously vacant lot Single Family Residential 5 Acre Zone $16,150.00 Single Family Residential 2 Acre Zone $8,060.00 Single Family Residential 1 Acre Zone $5,250.00 Single Family Residential 1/2 Acre Zone $3,025.00 Multi Family Residential 4 Units/Acre or Less $7,275.00 Multi Family Residential Greater than 4 Units/Acre $8,490.00 Commercial or Industrial $9,690.00 Multi-family and High-Density Single Family Developments. Trunk fee shall be charged on a per-acre basis,except that the following acreages will not be subject to the trunk fee: - all wetland acreage up to the delineation line - acreage of stormwater ponding or similar improvements that provide additional treatment benefits beyond what is required to treat the stormwater runoff from the development site. - acreage of conservation easements resulting from Conservation Design process Page 6 of 18