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07C - Park Dedication Fees
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2005
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11-17-2005 Planning and Zoning Meeting
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07C - Park Dedication Fees
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7/29/2016 2:55:53 PM
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To address this issue,the City could institute both a minimum and a maximum per lot <br /> fee. A minimum of$5oo and a maximum of$1,500 would have the following impact on <br /> the previous examples: <br /> Situation 1(existing ordinance): $15,000 <br /> Situation 1(with min and max fee): $7,500 <br /> Situation 2(existing ordinance): $15,000 <br /> Situation 2 (with min and max fee): $42,500 <br /> This type of fee structure seems to provide a more direct balance between the demand <br /> for increased park facilities created by a development and the amount of fee paid by that <br /> development. <br />
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