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Ordinance 01477 VILLAGE VILLAGE OF CHANHASSEN).. CARVER AND HENNEPIN COUNTIES, MINNESOTA ORDINANCE NO. 14 • AN ORDINANCE REQUIRING THE DEDICATION OF LAND FOR PUBLIC RECREATION USE, OR CASH PAYMENT IN LIEU THEREOF. THE VILLAGE COUNCIL OF CHANHASSEN ORDAINS: Section 1. A dedication of land for public park and recreation purposes, or cash payment in lieu thereof, shall be made by developers of all land sub- divisions and plats thereafter submitted to the Village Council for approval; and a cash payment to be reserved for public park and recreation purposes shall hereafter be made to the Village prior to the issuance of building permits for construction on all unplatted lands and on all lands subdivided or platted prior to the enactment of this ordinance. The Village Council shall require the dedication or payment to be made in one of the following three options: OPTION 1. In all new subdivisions and plats a quantity of land not to exceed seven per cent (7%) of the gross area • subdivided or platted shall be dedicated for public recreation • space, such percentage being in addition to property dedicated for streets, alleys, easements or other public ways. No areas shall be dedicated for public use until such areas have been approved by the Village Council as being suitable and required for the public health, safety, convenience or general welfare. OPTION 2. The developer shall pay a fee equal to five per cent (5%) of the land value prior to subdivision or platting. The market value of the land shall be determined by reference to real estate tax assessment records and formulas applicable thereto. OPTION 3. Prior to the issuance of building permits for con- struction of buildings of a value in excess of $5,000, a fee for public park and recreation use shall be paid by the building per- mit applicant in an amount as determined by the following schedule: SINGLE FAMILY RESIDENCES: Value Fee • First $5 , 000 Exempt Excess above $5,000 2/10 of 1% but • not to exceed $40.00 a' • • • DOUBLE BUNGALOW OR DUPLEX: Value Fee • First $5,000 Exempt Next $20,000 2/10 of 1% Excess above $25,000 1/10 of 1% but not to exceed $65.00 ALL OTHER STRUCTURES Value Fee First $100,000 1/10 of 1% Next $400,000 1/2 0 of 1 % Excess above $500,000 1/40 of 1% The foregoing schedule of fees shall not be required for construction on land in subdivisions and plats wherein public park and recreation land has been dedicated in accordance with Option No. 1 or payment made in accordance with Option No. 2. • Section 2. All monies collected hereunder shall be reserved for public park and recreation use. Section 3. This ordinance shall take effect and be in force from and after its publication. Passed by the Councill.this day of' , 1967. El-ej"�,4 ^ MAYOR ATTEST: Perk Published inon the day of 19 67 . 0