HomeMy WebLinkAbout90-21 ORDINANCE NO. 90-21
AN ORDINANCE OF THE TOWN OF DANVILLE AMENDING 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. Amending Section 8-6212(c). 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 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 $197,000.00
Single Family, medium density $148,000.00"
SECTION 2. Amending Section 8-6212(d). 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 $2,880.00
Single Family, Attached $1,811.00
Duplex $1,518.00
Cluster, 3 to 4 units $2,052.00
Cluster, 5 or more units $1,880.00
Mobile Home $1,725.00
Second Unit $1,293.00
The foregoing ordinance was introduced at a meeting of the Town
Council of the Town of Danville held on October 16, 1990 and was
adopted and ordered published at a meeting of the Council held on
November 6 , 1990 by the following vote:
AYES: GREENBERG, LANE, RITCHEY, SCHLENDORF, SHIMANSKY
NOES: NONE
ABSTAINED: NONE
ABSENT: NONE
EXCUSED: NONE / ~
~AYOR
ATTEST: /-~ APPROVED AS TO FOPS:
CITY ATTORNEY
osrgll07
Z