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REQUEST FOR COUNCIL ACTION <br />DATE: 3/10/03 <br />ITEM NO: X1. D. <br />Department Approval: Manager Reviewed: Agenda Section: <br />Consent <br />Item Description: Ratify Resolution for Commercial and Industrial Park <br />Dedication values <br />BACKGROUND <br />At the February 24, 2003 City council meeting a new Park Dedication ordinance was <br />adopted authorizing Park Dedication values in all zones to he reviewed annually and to <br />he set by resolution. values in all zones were set at that meeting. <br />The prior ordinance authorized Comm ercial /Industrial Parr dedication values to he sat <br />by ordinance. All other zones were to be set by resolution. Because of the prior <br />ordinance language with the commercial /Industrial property it was recommended by the <br />City Attorney that the Commercial/Industrial resolution he ratified. Attached is a copy of <br />that resolution. <br />POLICY <br />The resolution 'is per adopted city Ordinance 1278. <br />FINANCIAL IMPLICATIONS <br />No cost. This does result in additional monies to offset park development costs as a <br />result of additional impact on the system. <br />STAFF RECOMMENDATION <br />Staff recommends the resolution establishing new commercial /industrial park dedication <br />values be ratified, <br />REQUESTED COUNCIL ACTION <br />Motion ratifying Resolution 10076 establishing a new value for Commercial and <br />Industrial purposes. <br />