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HomeMy WebLinkAbout1982-02-16; City Council; Resolution 6794RESOLUTION NO. 6794 A RESOLUTION OF THE CITY COUNCIL OF THE CITY ESTIMATED FAIR MARKET VALUE OF PROPERTY WITHIN THE FOUR PARK AREAS OF THE CITY AS ESTABLISHED BY RESOLUTION N0.6768 FOR 1982. OF CARLSBAD, CALIFORNIA ESTABLISHING THE WHEREAS, the City Council, by the adoption of Resolution No. 6768, has established four park areas within the Carlsbad General Plan area for implementation of Chapter 20.44 of the Carlsbad Municipal Code which provides for a dedication of land or the payment of fees in lieu thereof for park purposes as a condition of the subdivision of land in the City of Carlsbad; and WHEREAS, Section 20.44.080 of the Carlsbad Municipal Code provides that the City Council may establish the estimated value of land within each such park area by resolution. Where a fee is required to be paid in lieu of land dedication, the amount of such fee is based upon the estimated value of the land which would otherwise have to be dedicated; and WHEREAS, after investigation of the land value within each of the park districts, and upon recommendation of the staff, the City Council is prepared to establish such values. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the City Council hereby establishes the estimated fair market value for land in each of the four park areas of the city, as established by Resolution No. 6768 for /// /// /// purposes of and pursuant to the authority in Municipal Code Section 20.44.080, as follows: Park Areas 1, 2 and 3 $ 87,000.00 per acre Park Area 4 109,000.00 per acre 3. In order that the park-in-lieu fee will keep up with changes in the value of property, staff is directed to return with recommendations for any revisions to these estimates prior to December 31, 1982. PASSED, APPROVED AND ADOPTED by the City Couincil of the City of Carlsbad, California, at a regular meeting held on the 16th day of , 1982. AYES : Council Wers Packard, Casler, Anear and Kulchin ABSENT: None ATTEST : I (SEAL) 2.