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HomeMy WebLinkAbout770805.tiff RESOLUTION RE: ACCEPTANCE OF MONIES FROM ALTHEN/BOYER COMMERCIAL UNIT DEVELOPMENT AS PER SUBDIVISION REGULATIONS REGARDING PARK FEES. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, pursuant to the Weld County Subdivision Regu- lations, Chapter 8-15 (A) (3) , before a Final Plat is approved, subdividers may be required to dedicate, develop and/or reserve land for parks and/or other necessary public purposes , other than streets and utility easements , and WHEREAS, in lieu of land, subdividers may be required to make payment to the County of an amount equal to the market value of such land as may be designated to be dedicated or re- served in accordance with the formula contained in Chapter 8-15 (A) (3) of the Subdivision Regulations, and WHEREAS, Fred Althen, Sr. and John St.. A.Boyer, Developers of Althen/Boyer Commercial Unit Development, Second Filing (Subdivision 131) , having had their Final Plat of said Sub- division approved subject to the application of Chapter 8-15 (A) (3) , which requires the dedication of certain acreage for public use and/or to make payment of an amount equal to the market value of such acreage. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners that Fred Althen, Sr. and John St. A. Boyer, Developers of Althen/Boyer Commercial Unit Development, Second Filing (Subdivision 131) , should pay to the County of Weld, the sum of SIX HUNDRED EIGHTY FOUR DOLLARS ($684 . 00) , the same being the established market value of land considered necessary and es- sential for public purposes according to the calculations set forth in the attached memorandum. BE IT FURTHER RESOLVED that such monies received shall be deposited with the Weld County Treasurer in an escrow account specifically designated to be used in accordance with Section • 770805 8-15 (A) (3) of the Weld County Subdivision Regulations. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 16th day of May, A.D. , 1977. The above and foregoing Resolution was read into the record and signed on the 6th day of June, A.D. , 1977. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORA O ATTEST: Weld County Clerk and Recorder and Clerk to the Bo d • Jem...niattil4 eputy count erk A 1VED AS TO FORM: County A torney -2- Hello