Loading...
HomeMy WebLinkAbout81-13 (no action)RESOLUTION NO. 81-13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ESTABLISHING AVERAGE COST PER ACRE TO DEVELOP PARKLAND IN RANCHO CUCAMONGA. Withdrawn WHEREAS, the City Council of the City of Rancho Cucamonga, Cali- fornia, has adopted Ordinance No. 105, relating to regulations for dedications of land, payment of fees, or both, for park and recreational land in subdivisions and planned con~nunities; and WHEREAS, Section 2(f) of Ordinance No. 105 establishes a fornula requiring as components: 1. (The) average fair market value of parkland per acre as determined by the public agency; and 2. (The) average cost per acre to develop parkland as determined by the public agency; and WHEREAS, Section 2(h) of Ordinance No. 105 directs the average fair market value of parkland per acre and the average cost per acre to develop parkland be set by Resolution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, as follows: 1. The average fair market value of parkland per acre in Rancho Cucamonga is established at per acre, and it is this figure of per acre that will apply in the application of Ordinance No. 105, and 2. The average cost per acre to develop parkland in Rancho Cucamonga is hereby established at $ per acre, and it is this figure of $ per acre that will apply in the application of Ordinance No. 105, and 3. That the City Council shall review and adjust, by Resolution, if warranted, the fair market value of parkland per acre and the cost per acre to develop parkland in Rancho Cucamonga at the first regular City Council meetings in January and July. Item was withdrawn after the February 4, 1981 meeting.