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CC Ordinance 2058 ORDINANCE NO. 2058 BEING AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AMENDING SECTION 13.08.080 and 20.24.080 OF THE CAMPBELL MUNICIPAL CODE FOR ESTABLISHING PARK IN-LIEU FEES The City Council of the City of Campbell does ordain as follows: SECTION ONE: That Section 13.08.080 is hereby changed and amended to read as follows: 'Where payment of an in-lieu fee is required to be paid for park purposes, the amount of such fee shall be established as required in Section 20.24.080 of this code, using the acreage requirements of this chapter," and That Section 20.24.080 is hereby changed and amended to read as follows: 'Where a fee is required to be paid in whole or in part for park purposes, the amount of such fee shall be computed as follows: (a) The City Council shall set the fees by resolution, in accordance with the terms of this section. (b) Amount of Fee. The amount of the fee shall be no greater than the fair market value of commercial and residential land within the city on a per acre basis, multiplied times the acreage of land required to be dedicated pursuant to this chapter, plus the total cost of improvements necessary to develop said property for park and recreation purposes. (c) Determining Fair Market Value. The city manager or his/her designee shall determine the fair market value of residential land, as defined in Section 20.24.020(f), on a per acre basis and the cost of park improvements in the city, and this determination shall be used in determining the maximum amount of the fee. (d) Partial In-Lieu Fee Payment. Payment of an in-lieu fee shall be required for any subdivision that does not dedicate and improve sufficient land to satisfy the requirements of Section 20.24.050. The difference between the dedication standard and the amount of land dedicated shall be paid as an in-lieu fee, as defined in this chapter. When a full or partial fee is required, the park acreage standard not satisfied by land dedication shall be multiplied times the cost of land and improvements to determine the amount of the fee." SECTION TWO: This Ordinance shall become effective thirty (30) days following its passage and adoption shall be published once within fifteen (15) days upon passage and adoption in the Campbell Express, a newspaper of general circulation in the City of Campbell, County of Santa Clara, State of California. Ordinance Amending Park In-Lieu Fee Page 2 PASSED AND ADOPTED this 2nd day of role call vote: August , 2005, by the following AYES: COUNCILMEMBERS: . BurrF~Hernandez, Fur~o, Watson, Kennedy NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ABSTAIN: COUNCILMEMBERS: None ,', ~ i ,,) APPROVEÐr~ 1 ~~~" Jáne P. Kennedy, Mayor ~) l4JL