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110-94 Ordinance ------------- RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 Ordinance No._.____11.Q..._9.4__ P assed___________ __n____ _____________ 0000 ________ _19 _____... AN ORDINANCE TO ESTABLISH THE ESTIMATED AVERAGE PER ACRE VALUE OF LAND FOR PARK FEES "",. IN LIEU OF LAND DEDICATION AS REQUIRED PURSUANT TO SECTION 1109.02(C), AND TO AMEND SAID SECTION - WHEREAS, section 1109.02 of the City of Dublin Codified Ordinances requires that an estimated average value of land per acre shall be established every two years by Council based on the recommendation of a qualified land appraiser; WHEREAS, the continental Appraisal Company has made a study and is recommending an updated average per acre value of raw land within the City of DUblin, Ohio; NOW, THEREFORE, BE IT O~AINED by the Council of the City of Dublin, state of Ohio, of the elected members concurring: section 1. That the estimated per acre value for raw land within the City of Dublin, Ohio for use pursuant to the provisions of Section 1109.02 (c) (6) of the Dublin Codified Ordinance is established at (Thirty Seven Thousand and Noj100) $37,000 Dollars, as determined by the continental Appraisal Company whose report is hereby accepted. section 2. That said estimated value per acre shall be applicable for a period of two (2) years commencing with the ,.... effective date of this Ordinance. Section 3. That section 1109(c) is hereby amended to ...... comply with the provisions of this Ordinance. Section 4. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law. Passed this / qfh day of Dee.e.iJ'\,loer- , 1994. MAY~~~NG OFFICER ATTEST: ~ (!-~ CLERK OF COUNCIL r -- , hereby tertii that Y COpies of this 0 . City 0' Dubnn in accordollCe witlt Sect~'no;ceIReSO'utiOfl were posted in tfte Ion 31.25 0' the "0 Revised _ Code. Clerk of Council D hI' .- , II In, OhIO .""__~..~~"~",.-,n"_",.'~,,,,,,'0>'-~""""~..;',,,,~""!*"i,..,.,'A'.._-....".,..,"".,..,