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TC Ord. No. 1992-19 Amending Title 16 of the Muni Coder Ql~ v~~- ~J ORDINANCE NO. 92-19 AN ORDINANCE AMENDING TITLE 16 OF THE MUNICIPAL CODE OF THE TOWN OF AVON AS IT RELATES TO SUBDIVISIONS AND REQUIRING DEDICATION OF LAND FOR SCHOOL PURPOSES BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO, AS FOLLOWS: Section 1. Amendment. Title 16 of the Municipal Code of the Town of Avon is amended by the addition of a new chapter 16.50 as follows: Chapter 16.50 SCHOOL SITE DEDICATIONS Sections: 16.50.010 Purpose 16.50.020 School land dedication or cash in lieu thereof 16.50.030 Application 16.50.040 Town exempted 16.50.010 Purpose. It is hereby declared to be the policy of the Town that whenever there is a major subdivision, which is subdivided for residential use or partial residential use, the owner of the land shall provide land for school needs generated by the proposed residential use. It is the purpose of this chapter to require the dedication of land or the payment of fees in lieu thereof to fulfill such needs. 16.50.020 School land dedication or cash in lieu thereof. The subdivider of land in each residential major subdivision or portion of the subdivision which is intended for residential use shall allocate and convey school sites to Eagle County School District RE 50J ("the School District") when such are reasonably necessary to serve the proposed subdivision and future residents thereof by the application of the formulas set forth below: Single family and duplex or primary secondary: Number of units x .014495 = dedication requirement in acres Multi-family: Number of units x .002676 = dedication requirement in acres When sites and land areas for schools are not reasonably necessary to serve the proposed subdivision and future residents thereof, the council, with recommendations from the School District, shall require, in lieu of such conveyance of land, the payment in cash by the subdivider to the School District of an amount not to exceed the full market value of such sites and land areas for schools. The full market value shall mean the current market value of unimproved land. Such value shall be determined by the council with recommendations from the School District. If the subdivider does not accept such valuation, it may submit a report by a qualified appraiser. If one is submitted, the council shall review the report and determine the value of the land, which determination shall be final. Section 16.050.030 Application. This Chapter shall apply only to subdivisions of land annexed to the Town of Avon after October 1, 1992. The Town Council hereby finds and determines that adequate school sites have been dedicated to serve all land located within the Town on that date. 16.50.040 Town exempted. The Town is exempted from the requirements of this Chapter. Section 2. Severability. If any part, section, sentence, clause or phrase of this Ordinance is for any reason held to be invalid, such decision shall not affect the validity of the remaining portions of this Ordinance; and the Town Council for the Town of Avon hereby declares it would have passed this Ordinance and each part, section, sub-section, sentence, clause or phrase thereof, irrespective of the fact that any one or more parts, sections, sub-sections, sentences, clauses or phrases be declared invalid. INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED POSTED, this day of 1992 and a public hearing on this Ordinance shall be held at the regular meeting of the Town Council of the Town of Avon, Colorado on the day of 1992 at 7:30 P.M. in the Municipal Building of the 11 Town of Avon, Colorado. Attest: Town Clerk Mayor INTRODUCED, PASSED ON SECOND READING, APPROVED AND ORDERED POSTED this day of , 1992. ATTEST: Town Clerk APPROVED AS TO FORM: T6 Attorney' Mayor