There shall be assessed against each dwelling unit, prior to securing a building permit, a fee in lieu of open space per dwelling unit. The fee shall be established by the Mayor and Council from time to time by resolution. All such impact fees shall be maintained by the City in a special account or accounts to be used exclusively for park acquisition, capital improvements, or development. To the extent that any subdivision lot created pursuant to the provisions of Chapter
180, Subdivision of Land, §
180-42, Open space, shall have previously paid the fee in lieu of open space for such lot or land conveyed to the City in kind, or a combination of both, as determined by the City, this fee is waived or prorated.
There shall be assessed against each dwelling
unit, prior to securing a building permit, a park impact fee per dwelling
unit. The fee shall be established by the Mayor and Council from time
to time by resolution. All such impact fees received shall be maintained
by the City in a special account or accounts to be used exclusively
for park acquisition, capital improvement, or development.