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<br /> ~ <br /> " <br /> I, <br /> ORDINANCE NO. 775 <br /> N ORDINANCE AMENDING TITLE 3, CHAPTER 3.16 <br /> F THE LOUISVILLE MUNICIPAL CODE, INCREASING <br /> HE SERVICE EXPANSION FEE. <br /> WHEREAS, there is a continual need for street improvements <br /> and their nance within the City; and, <br /> S, it is necessary to increase such fees to cover <br /> increased with services. <br /> NOW, HEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE <br /> CITY OF LOUISVI LE, COLORADO: <br /> n 1 . Sections 3.16.020 (a) and 3.16.050 of the <br /> - <br /> Louisville Muni ipal Code are hereby repealed. <br /> n 2. The following sections are hereby added to <br /> - <br /> Chapter 3.16, T tIe 3 of the Louisville Municipal Code: <br /> 3.16.020 <br /> (A) or any buildings constructed in a residential zone as <br /> defined in Chap er 17.12, the expansion fee shall be seventy-five <br /> cents ($.75) pe square foot of floor area as defined in Section <br /> 3.16.010, as th same may be determined from the plans and <br /> specifications ubmitted to the building official as part of the <br /> application for a building permit. <br /> 3.16.050 Use of Fees - Street Improvement Fund Created <br /> There is hereby created a street improvement fund. One- <br /> third of the se vice expansion fee collected, or twenty-five cents <br /> ($.25) per squa e foot of floor area, shall be paid into a special <br /> segregated fund for street improvement. The remaining two-thirds of <br /> the service exp nsion fee shall be used to help defray the expenses <br /> of the building department and the general expenses of the City shall <br /> be deposited into the general fund. <br /> INTRODUCED, READ AND ORDERED PUBLISHED this /:7~' day of <br /> , 1982. <br /> ~/f~J'~ <br /> Mayor <br /> Attest: <br />