2008 ORD O-10-08 - Laserfiche WebLink

Browse Search

Page 6 SUMMARY OF KEY FINDINGS Based on a review of the Quimby Act, recent vacant land sales within the City, the 2000 U.S. Census, and the City's Quimby Policy; the following key findings are presented: 1. The City's current Quimby in -lieu fee, adopted in 2000, is approximately $2,654 per residential lot.' 2. The City's current park dedication requirement is based 3 acres per 1,000 population standard and an average household size of 3.5 occupants. The City's current park in -lieu fee is determined by multiplying the dedication requirement by the "fair market value of the land being developed plus the subdivision's fair share contributions to cover the cost of park improvements." 3. Typically, park and recreational facility costs are recovered through a park impact fee pursuant to the Mitigation Fee Act rather than under the Quimby Act. The City's current Quimby in -lieu fee includes both parkland acquisition costs and park development costs of $43,218 per acre. 4. Based on the current inventory of neighborhood and community parks available to the City, the City's existing park area is approximately 2.8 acres per 1,000 residents. Therefore, the City's maximum dedication requirement and/or fee allowed under the Quimby Act is 3 acres of parkland for every 1,000 persons. 5. Based on 2000 U.S. Census information, the average household size for single-family homes is 3.764 persons per dwelling unit. 6. Based on recent residential vacant land sales, land value in the City of Colton is estimated to be $253,000 per acre for the purpose of determining the Quimby in -lieu fee. 1 Source: City of Colton Ordinance No. 0-06-00 2000; Ordinance No. 0-10-88. Actual fee amount will vary dependent upon the fair market value of the land being developed. CITY OF COLTON QUIMBY DEDICATION REQUIREMENT AND IN -LIEU FEE STUDY, 2008 S IConlsultingGroup