HomeMy WebLinkAbout1990-07-10; City Council; NS-120; CMC 20.44.080 amend - Park-in-lieu fee property values periodic updates..."
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ORDINANCE NO. NS-120
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA AMENDING TITLE 20 ,
CHAPTER 20.44 OF THE CARLSBAD MUNICIPAL CODE
BY THE AMENDMENT OF SECTION 20.44.080 TO
PROVIDE FOR PERIODIC UPDATES OF PROPERTY
VALUES FOR PARK-IN-LIEU FEE PURPOSES.
The City Council of the City of Carlsbad, does orda.
follows:
SECTION I: That Title 20, Chapter 20.44 of the Car:
Municipal Code is amended by the amendment of Section 20.44.01
read as follows:
t120.44.080 Amount of fee in lieu of land dedicatic (a) When a fee is required to be paid in lieu of dedication, the amount of the fee shall be based upon the market value of the amount of land which would otherwis required to be dedicated pursuant to Section 20.44.040. The market value shall be determined by the City Council usinc following method:
(1) The City Manager may from time to time SI the market value of undeveloped property within the City. survey may be prepared through various means including, but limited to, selection of several real estate professionals w: Carlsbad to provide current estimates of undeveloped pro] values with each of the City's four quadrants.
establishing the value of one acre of park land in each qua( after considering the results of this survey and any other relt information.
(2) The Council shall adopt a resol1
their own qualified appraisal reasonable
(b) Subdividers objecting to such valuation, mal expense, obtain an appraisal of the property real estate appraiser approved by the City, T may be accepted by the City Council if found t If accepted, the fee shall be based on appraisal. 'I
EFFECTIVE DATE: This ordinance shall be effective tl
days after its adoption, and the City Clerk shall certify tc
adoption of this ordinance and cause it to be published at :
once in the Carlsbad Journal within fifteen days after
adoption.
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INTRODUCED AND FIRST READ at a regular meeting of
Carlsbad City Council on the 26th day of June r1
and thereafter
PASSED AND ADOPTED at a regular meeting of the
Council of the City of Carlsbad on the 10th day of July
1990, by the following vote, to wit:
AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and
NOES: None
ABSENT : None
ATTEST :
6/ &2&, ANN J. K HIN, LE IS, Mayor Mayor Pro-Tem