HomeMy WebLinkAbout137-88~r
BEFORE THE TOWN COUNCIL OF THE TOWN OF DANVILLE
In the Matter of Amending ) ORDINANCE NO. 137
Title 8, Chapter 62, Article 2, )
Section 8-6212 and Article 4, )
Section 8-6230 of the Danville )
Municipal Code Concerning Park )
Land Dedication )
)
The Town Council of the Town of Danville DOES ORDAIN as
follows:
SECTION 1. Article 2, Section 8-6212, subsection (c) of the
Danville Municipal code is hereby amended to read as follows:
"(c) Determination of Fair Market Value. The
predominate zoning of the Town of Danville is single
family, low density and single family, medium density.
Fair market value of a buildable acre for the purpose of
fee assessment is based upon an average of the values for
single family, low density and single family, medium
density zoned acreage shown below. The Town shall review
and adjust these values annually based on recent sales
within and nearby the Town and on other reliable sources
the Town may choose. The Town may consider the results
of an appraisal report on the value of vacant property
or of the County Assessor's report of changes in assessed
value within the Town.
In this chapter, a buildable acre means a typical
acre of the subdivision, located in other than an area
on which building is excluded because of flooding,
topography, easements, or other restrictions.
The following fair market values are established as
a guide for assessing an in lieu park dedication fee:
Single Family, low density $120,000.00
Single Family, medium density $160,000.00"
SECTION 2. Article 2, Section 8-6212, subsection (d) of the
Danville Municipal Code is hereby amended to read as follows:
,,(d) Establishment of Fees. The amount of the in
lieu fee for various housing types shall be determined
by multiplying the acreage required for dedication from
Section 8-6211 by the fair market value in (c) above.
Dedication Fees
Single Family, Detached $2,338.00
Single Family, Attached $1,470.00
Duplex $1,232.00
Cluster, 3 to 4 units $1,666.00
Cluster, 5 or more units $1,526.00
Mobile Home $1,400.00
Second Unit $1,050.00"
The foregoing Ordinance was introduced at a meeting of the
Town Council of the Town of Danville held on November 10 , 1988,
and was adopted and ordered published at a meeting of the Council
held on November 21 , 1988, by the following vote:
AYES: GREENBERG, JAGGER, LANE, RITCHEY, SCHLENDORF
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
ATTEST:
APPROVED AS TO FORM: