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HomeMy WebLinkAbout80-46 - Resolutions RESOLUTION NO. 80-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ESTABLISHING AVERAGE COST PER ACRE TO DEVELOP PARK LAND IN RANCHO CUCAMONGA. WHEREAS, the City Council of the City of Rancho Cucamonga, California, has adopted Ordinance 105, relating to regulations for dedications of land, payment of fees, or both, for park and recreational land in subdivisions and planned communities; and, WHEREAS, Ordinance 105 establishes a formula requiring as a component, "(the) average cost per acre to develop park land as determined by the public agency"; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, as follows: 1. That the City Council shall determine and set by resolution the average cost per acre to develop park land in Rancho Cucamonga; and 2. That the City Council shall review and adjust, by resolution, if warranted, the cost per acre to develop park land in Rancho Cucamonga at the first regular City Council meetings in January and July, commencing in 1981. 3. The average cost per acre to develop park land in Rancho Cucamonga is hereby established at $40,000 per acre, and it is this figure of $40,000 per acre that will apply in the application of Ordinance 105. PASSED, APPROVED and ADOPTED this 4th day of June, 1980. AYES: Bridge, Mikels, Frost, Schlosser NOES: None ABSENT: Palombo PhillL~ D. Schlosser, Mayor ATTEST: Lauren M. Wasserman, City Clerk