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G2-02 li. CITY OF ELGIN ORDINANCE NO. G2-02 AN ORDINANCE ESTABLISHING A POLICY FOR DEVELOPMENT CONTRIBUTIONS FOR PARK CAPITAL IMPROVEMENTS PASSED BY THE CITY COUNCIL OF THE CITY OF ELGIN ON THIS 9TH DAY OF JANUARY 2002 Published in pamphlet form by authority of the City Council of the City of Elgin, Kane and Cook Counties, Illinois, on this 11th day of January 2002. STATE OF ILLINOIS ) ss. COUNTY OF KANE ) CERTIFICATE I, Dolonna Mecum, certify that I am the duly appointed and acting municipal clerk of the City of Elgin, Cook and Kane Counties, Illinois. I further certify that on January 9, 2002, the Corporate Authorities of such municipality passed and approved Ordinance No. G2-02, which provided by its terms that it should be published in pamphlet form. The pamphlet form of Ordinance No. G2-02, including the Ordinance and a cover sheet thereof, was prepared, and a copy of such Ordinance was posted in the municipal building commencing on January 11, 2002, and continuing for at least ten days thereafter. Copies of such Ordinance were also available for public inspection upon request in the office of the municipal clerk. DATED at Elgin, Illinois, on January 11, 2002. Municipa ler (SEAL) �., Ordinance No. G2-02 AN ORDINANCE ESTABLISHING A POLICY FOR DEVELOPMENT CONTRIBUTIONS FOR PARK CAPITAL IMPROVEMENTS WHEREAS, the annexation of additional territory to the City of Elgin and new development thereof causes and imposes an increased and excessive demands upon public facilities and services that are specifically and uniquely attributable to those developments; and WHEREAS, such effected public facilities and services include park capital improvements; and WHEREAS, planning projections indicate that such development shall continue and shall place ever increasing demands on the City of Elgin relating to park capital improvements; and WHEREAS, to the extent that new development places demands upon park capital improvements which are specifically and uniquely attributable to that development, those demands should be satisfied by requiring that developments creating the demands pay the cost of meeting the demands; and WHEREAS, the City Council, after review and careful consideration, hereby finds and declares that park capital improvement contributions required of territory annexed to the city and new development thereon to finance specified park capital improvements, the demand for which is created by such development, is in the best interests of the general welfare of the city and its residents, is equitable, and does not impose an unfair burden on such development; and WHEREAS, Section 17 . 01 . 060 of the Elgin Municipal Code, 1976, as amended, provides in part that the City Council may, at its sole discretion, require additional contributions and dedications as it may deem necessary and desirable as a condition to the annexation of any land to the city; and WHEREAS, the City of Elgin is a home rule unit which may exercise any power and perform any function pertaining to its government and affairs; and WHEREAS, the establishment of a policy providing for development contributions for park capital improvements pertains to the government and affairs of the City of Elgin. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS : Section 1 . That this ordinance shall constitute the policy of the City of Elgin for development contributions for park capital improvements . The provisions of this ordinance shall be applied equally to all properties annexed into the City of Elgin pursuant to an annexation agreement and which any part of such a property is proposed to be developed with a residential use . Section 2 . That in order to provide a consistent application of requirements for contributions by landowners for necessary park capital improvements to city parks resulting from development activity, the City Council of the City of Elgin hereby establishes policies with respect to required park capital improvement contributions related to the annexation and development of property. These policies are intended to supplement development regulations contained in the Elgin Municipal Code in general and in the subdivision ordinance in particular. The owner of a property to be annexed into the City of Elgin pursuant to an annexation agreement and which any part of such a property is proposed to be developed with a residential use shall pay a cash contribution to the city for park capital improvements equal to the property' s proportionate share for park capital improvement costs . The cash contribution for park capital improvements for a property shall be based upon, calculated and paid according to the formula set forth in the City of Elgin Park Capital Improvement Contribution Formula dated January, 2002 , attached hereto and made a part hereof as Exhibit 1 . The contribution for park capital improvements shall be payable prior to the issuance of a building permit . No building permit shall be issued for a development subject to the requirements of this ordinance unless the applicant therefor has paid the contribution for park capital improvements imposed by and calculated pursuant to this ordinance. Section 3 . The contributions for park capital improvements established pursuant to this ordinance shall be calculated by the city planning department . Contributions for park capital improvements calculated and due pursuant to this ordinance shall be collected by the city department of code administration prior to the issuance of a building permit . Upon receipt of contributions for park capital improvements the city finance department shall be responsible for placement of such funds into separate accounts . Contributions for park capital improvements provided for in this ordinance shall be restricted to use solely and exclusively for financing directly, or as a pledge against bonds, revenue certificates, and other obligations of a indebtedness for the cost of park capital improvements . Section 4 . That all ordinances or parts of ordinances in conflict with the provisions of this ordinance be and are hereby repealed. �.. Section 5 . That this ordinance shall be in full force and effect upon its passage and publication in the manner required by law. Ed Sc ock, Mayor Presented: January 9, 2002 Passed: January 9, 2002 Omnibus Vote : Yeas : 7 Nays : 0 Recorded: January 10, 2002 Published: January 11, 2002 Attest : Dolonna Mecum, city Clerk k ) Exhibit 1 . . City of Elgin PARK CAPITAL IMPROVEMENT CONTRIBUTION FORMULA January 2002 Capital Cost Gross Cash Population X per Person* = Contribution —Credit = Contribution Detached Single Family Two Bedroom 2.017 $ 875 $ 1,765 -75% = $ 441 Three Bedroom 2.899 $ 875 $ 2,537 -75% _$ 634 Four Bedroom 3.764 $ 875 $ 3,294 -75% _$ 824 Five Bedroom 3.770 $ 875 $ 3,299 -75% _ $ 825 Attached Single Family One Bedroom 1.193 $ 875 $ 1,044 -75% = $ 261 Two Bedroom 1.990 $ 875 $ 1,741 -75% = $ 435 Three Bedroom 2.392 $ 875 $ 2,093 -75% = $ 523 Four Bedroom 3.145 $ 875 $ 2,752 -75% = $ 688 Apartments/Condominiums No Bedrooms = $ 283 (Efficiency) 1.294 $ 875 $ 1,132 -75% One Bedroom 1.758 $ 875 $ 1,538 -75% _ $ 385 Two Bedroom 1.912 $ 875 $ 1,673 -75% _$ 418 Three Bedroom 3.053 $ 875 $ 2,671 -75% = $ 668 * The dollar amount for capital cost per person and the resulting contribution calculation provided for herein shall be adjusted upward at an annual rate of three percent (3%) effective January 1, 2003, and annually thereafter.