Full Text
2024 Park and School Fees (Revised 1/24) FOR ALL NEW RESIDENTIAL DEVELOPMENTS To determine the park and school land dedication requirements, select the density factor for the projected population based on the type of residential development as follows: DENSITY FACTOR: Single-family detached unit 2.84 persons Multifamily or single-family attached unit 1.87 persons Multifamily within ½ mile of a G Line station 1.70 persons Housing for older persons 1.50 persons (as defined under the Fair Housing Act 42 U.S.C 3607(b)(2)) Park Land Dedication or Fee-In-Lieu* The owner/developer of land is required to convey to the City in fee simple not less than ten (10) acres per thousand (1000) population projected for the development of such land or pay the City the cash equivalent of the fair market value of the land otherwise required to be dedicated. Total Dwelling Units Proposed Density Factor x Divided by 100 = Required Acreage Dedication Required Acreage Dedication x Per Acre Land Value = Cash Fee-In-Lieu Park Development Fee* $2,150.91 per single-family dwelling unit $1,806.76 per multifamily or single-family attached dwelling unit *Exempt Land Uses: Existing residential units; Nursing Homes and similar residential accommodations; Residential development within ½ mile of a G Line station may be exempt, per Division 8-4-3 of the Land Development Code School Land Dedication or Fee-In-Lieu** The owner/developer of land is required to convey to the City in fee simple not less than four acres per thousand (1000) population projected for the development of such land or pay the City the cash equivalent of the fair market value of the land otherwise required to be dedicated. Total Dwelling Units Proposed Density Factor x Divided by 250 = Required Acreage Dedication Required Acreage Dedication x Per Acre Land Value = Cash Fee-In-Lieu **Exempt Land Uses: Housing units qualifying as housing for older persons under the Fair Housing Act 42 U.S.C. 3607(b)(2); Nursing Homes and similar residential accommodations; Existing residential units; and Residential developments within ½ mile of a G Line station