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10/22/2007 30.144 Required Dedication A. Where a park or recreation facility has been designated in the Impact Fee Project List, and such facility is located in whole or in part within the proposed subdivision and will serve the immediate and future needs of the residents of the subdivision, the subdivider may dedicate land for a local park sufficient in size and topography that bears a reasonable relationship to serve the present and future needs of the residents of the subdivision. B. The subdivider shall, without credit, provide Site Improvements to any land dedicated pursuant to this section. C. The land to be dedicated and the Site Improvements to be made pursuant to this section shall be approved by the Administrator, who shall not grant approval to any proposed improvement that does not meet the standards set forth in the Impact Fee Project List. 30.145 Fee Requirement A. The fee required with respect to a subdivision shall bear a reasonable relationship to the use of the park and recreational facilities by the future inhabitants of the subdivision, and shall be calculated by first subtracting the acreage dedicated pursuant to Section 30.144 from the parkland requirement for that subdivision and then multiplying the result of that calculation by a per acre land and site improvement cost calculated pursuant to paragraph B, below. B. The cost per acre of land and site improvements for purposes of paragraph A, above, shall be $1,927,530 per acre, which represents a land cost of $1,894,860 and a site improvement cost of $32,670. C. A credit against the fee required by this Section may be given for dedications of park improvements constructed or provided at private expense and for the value of land dedicated to the City that is necessary or useful to a park improvement. Such credit will be granted only if, prior to dedication, the city council determines (i) that the dedicated land or improvement is included on the Impact Fee Project List and (ii) that the grant of the credit, in lieu of the fee, will not cause the city to delay the implementation of park improvements that are of higher priority, in the judgment of the city council, than the land or improvements to be dedicated. At the time the City Council makes these determinations, it must also make a determination of the maximum credit that will be allowed for the dedication, which maximum credit shall not exceed the City Council's reasonable estimate of the fair market value of the park improvement and/or land. The amount of any credit granted pursuant to this paragraph shall not exceed the lesser of (i) the actual documented construction costs for the dedicated improvement plus the value of any dedicated land as supported by a professional appraisal or (ii) the maximum credit approved by the City Council pursuant ATTY/ORD/ORD.287 100207 2319 formerly muff # 305