24-8
IMPACT.

24-8.1 Purpose.

The purpose of this section is to impose an impact fee upon new subdivisions within the City of Lynwood to provide for rehabilitation or acquisition of park and recreation areas. (Ord. #1357, §1)

24-8.2 Fee.

Subject to the exception in subsection 24-8.3, the subdivider of any subdivision resulting in three (3) or more parcels within the City shall pay to the City Finance Department an impact fee calculated by the City Planning Division. (Ord. #1357, §1)

24-8.3 Exception.

Subdivisions containing less than five (5) parcels and not used for residential purposes shall be exempt from the impact fee of this section. However, if a building permit is requested for construction of a residential structure or structures on one (1) or more of the parcels within four (4) years of the subdivision falling under this subsection, the impact fee will be required to be paid by the owner of each such parcel as a condition to the issuance of such permit. (Ord. #1357, §1)

24-8.4 Schedule.

The Finance Department or whomever the City Manager so designates shall prepare a schedule specifying how, when and where the impact fees will be used to develop park or recreational facilities within the City. Any fees collected under this section shall be committed or used within five (5) years after the payment of such fees or the issuance of building permits on one-half (1/2) of the lots created by the subdivision, whichever occurs later. If the fees are not committed, they without any deductions, shall be distributed and paid to the then record owners of the subdivision in the same proportion that the size of their lot bears to the total area of all lots within the subdivision. (Ord. #1357, §1)

24-8.5 Credit for Dedications of Land.

A subdivider may dedicate land to the City for park and recreational purposes instead of paying the impact fee so long as the amount of dedicated land provides an area equal or greater to that which could be purchased with the impact fee. If the subdivider provides park and recreational improvements to the dedicated land, the value of the improvements together with any equipment located thereon shall be a credit against the payment of fees or dedication of land required by this section. (Ord. #1357, §1)