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TC Ord. No. 1998-09 Amending Chapter 16.50 of the Avon Muni CodeORDINANCE NO. 98-9 AN ORDINANCE AMENDING CHAPTER 16.50 OF THE MUNICIPAL CODE OF THE TOWN OF AVON AS IT RELATES TO SCHOOL SITE DEDICATIONS. BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. Amendment. Section 16.50.020 of Chapter 2.32, Title 2 of the Municipal Code of the Town of Avon is amended to read as follows: 16.50.020 School land dedication or cash in lieu thereof. A. Whenever an annexation of land occurs for residential subdivision, the owner shall allocate and convey school sites to the Town when they are reasonably necessary to serve the proposed subdivision and future residents thereof by the application of the formulas set forth below: 1. Single- family and duplex or primary secondary: Number of units x.014495 = dedication requirement in acres. 2. Multi - family: Number of units x .002676 = dedication requirement in acres. B. Upon request of Eagle County School District RE 50J ("the school district"), the Town shall convey any school sites or site to the school district. Upon determination by the Town, with recommendations from the school district, that any school site is not reasonably necessary to serve the proposed subdivision and future residents thereof, the same may be used for municipal purposes. C When sites for schools are not reasonably necessary to serve the proposed subdivision and future residents thereof, the Town, with recommendations from the school district, may require, in lieu of such conveyance of land, the payment of an amount not to exceed the fair market value of such sites for schools. The spending of any fees collected under this chapter shall be determined by the Town with recommendations from the school district. D. "Fair market value" shall mean the current fair market value of unimproved land in the area and shall be be set by the council on a per -acre basis. 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. INTRODUCED, APPROVED, PASSED ON FIRST READING AND ORDERED POSTED the 23rd day of June, 1998, and a public hearing on this ordinance shall be held at the regular meeting of the Town Council on the 14th day of July, 1998, at 5:30 P.M. in the Council Chambers, Avon Municipal Building, 400 Benchmark Road, Avon, Colorado. May r A T: ToiVhtlA INTRODUCED, FINALLY APPROVED, PASSED ON SECOND READING AND ORDERED POSTED the 14th day of July, 1998. �I3OFa{r® iN ''•ti Mayor SEAL t ATTEST;.." ` yep kty Town APPROVED AS TO FORM: 4v' Town Attorney 1. STATE OF COLORADO ) COUNTY OF EAGLE ) SS TOWN OF AVON ) NOTICE IS HEREBY GIVEN OF A PUBLIC HEARING BEFORE THE TOWN COUNCIL OF TIDE TOWN OF AVON, COLORADO AT 5:30 P.M. ON THE 14th DAY OF JULY, 1999, AT THE TOWN MUNICIPAL BUILDING FOR THE PURPOSE OF CONSIDERING THE ADOPTION OF ORDINANCE NO. 98 -9, SERIES OF 1998: AN ORDINANCE AMENDING CHAPTER 16.50 OF THE MUNICIPAL CODE OF THE TOWN OF AVON AS IT RELATES TO SCHOOL SITE DEDICATIONS A copy of said Ordinance is attached hereto, and is also on file at the office of the Town Clerk, and may be inspected during regular business hours. Following this hearing, the Council may consider final passage of this Ordinance. This notice is given and posted by order of the Town Council of the Town of Avon, Colorado Dated this 2nd day of July, 1998. TOWN OF VON, COLORADO BY: ash ToWn Clerk POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF AVON ON JULY 2, 1998: AVON MUNICIPAL BUILDING IN THE MAIN LOBBY AVON RECREATION CENTER CITY MARKET IN THE MAIN LOBBY; AND EAGLEBEND APARTMENTS - CLUBHOUSE LAUNDRY