Title
A Resolution of the City of Coral Gables, Florida, providing for a preference to utilize Park Impact Fees for Park Acquisition unless such fees are otherwise earmarked for other park system improvements, and providing for an effective date.
(Sponsored By Commissioner Lago)
Body
On March 28, 2017, the City Commission adopted an ordinance updating its Impact Fee Ordinance (Ord. 2017-09) and a companion Impact Fee Resolution (Reso. 2017-67) updating its impact fee schedule.
On December 5, 2017, the City Commission adopted Reso. 2017-357 for a Memorandum of Understanding with Miami-Dade County to fund a portion of the Underline Project with Coral Gables parks and mobility impact fees from new development within 1,000 feet of the Underline not to exceed $15M.
This Resolution sets forth the policy preference of using future park impact fees for the purchase of park land, unless otherwise earmarked such as the Underline.