20F.10.70 Reimbursements.

20F.10.70-010 Reimbursements for Park, Recreation, Open Space or Trail Dedications.

The City Council, in its sole discretion, may consider reimbursing a person who dedicates land and/or improvements for parks, recreation, open space or trails when the improvement is substantially greater in value than the impact fee authorized for park, recreation, open space or trail system improvements. Reimbursement shall only be considered for a park, recreation, open space or trail improvement that functions as a system improvement as that term is defined by RCDG 20A.20.190, System Improvement. The amount of the reimbursement may be the difference between: (1) the value of the land and/or improvements constructed and accepted for dedication and (2) the impact fee required by RCDG 20D.60.10-030 less any credits approved by the Administrator under RCDG 20D.60.10-080(1). Requests for reimbursement shall be made either before or at the time the dedication is offered. Reimbursements may be administered as provided for in RCDG 20D.60.10-080 as modified by this section. The reimbursement may take the form of a cash payment, a latecomer’s agreement, or such other method as may be approved by the City Council. (Ord. 2118)