Loading...
HomeMy WebLinkAbout1962 - Amending Section 17.42.110 of Title 17 411 ORDINANCE I?G 2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING AMENDING SECTION 17.42.110 OF TITLE 17, SUBDIVISIONS, OF THE REDDING MUNICIPAL CODE PERTAINING TO PARK AND RECREATIONAL LAND DEDICATIONS AND IN-LIEU FEES. The City Council of the City of Redding does hereby ordain as follows: Section 1: Title 17 , SUBDIVISIONS, of the Redding Municipal Code is hereby amended by deleting Section 17 .42.110 in its entirety and substituting the following Section 17 . 42 .110 in its place: 17 . 42.110 Disposition of Fees. Fees determined pursuant to Section 17 . 42 . 060 shall be paid to the City Treasurer, and shall be deposited into the subdivision park trust fund, or its successor. Money in said fund, including accrued interest, shall be expended solely for acquisition or development of park land or improvements related thereto. Collected fees shall be appropriated within five years upon receipt of payment, or within five years after the issuance of building permits on one-half of the lots created by the subdivision, whichever occurs later. If such fees are not so committed, these fees, without any deductions, shall be distributed and paid to the then record owners of the subdivision in the same proportion that the size of their lot bears to the total area of all lots in the subdivision. The Finance Director shall report to the City Council at least annually on income, expenditures, and status of the subdivision park trust fund. Section 2. It has been determined that this matter is categorically exempt from the provisions of the California Environmental Quality Act. �� 411 411 Section 3 . The City Clerk shall certify to the adoption of this Ordinance and cause its publication according to law. I HEREBY CERTIFY that the foregoing Ordinance was introduced and read at a regular meeting of the City Council of the City of Redding on the 7th day of may , 1991 , and was duly read and adopted on the 21st day of May , 1991, at a regular meeting of the City Council by the following vote: AYES: COUNCIL MEMBERS: Arness, Fulton, Moss & Buffum NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None i'Ll;// a/2Ca/hr< NANCY BuF OF M, ay r City of/Redding ATTEST: ETHEL A. NICHOLS, City Clerk FORM AP' "OV • : RANDAL /A. HAYS, City At orney