Ordinance 1973-416 - Laserfiche WebLink

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cents (25 cents) per square foot of floor area, as herein defined, as the same may be determined from the plans and specifications submitted to the Building Official as part of the application for a Building Permit. (b) For any buildings constructed in T Transitional District, B Business District, I Industrial District, ED Economic Development District, as defined in the zoning ordinance for the City of Louisville (Chapter 25, Louisville Municipal Code) as amended, a parks and recreational fee of fifty cents (50 cents) per square foot of floor area, as herein defined, as the same may be determined from the plans and specifications submitted to the Building Official as part of the application for a Building Permit. (2) The parks and recreational fee shall apply to all new construction, all additions to existing structures and to substantial alterations or reconstruction of existing structures; except for churches, clinics, hospitals, schools and public structures. (3) The parks and recreational fees shall be due and payable at the time the Building Permit is issued, or, in the alternative, may be paid within a period of six (6) months from the date of issuance of the Building Permit. Under no circumstances shall the Building Official issue a certificate of occupancy until and unless the parks and recreational fee, as calculated in this section has been paid in full. SECTION 3. Creation of the City of Louisville Parks and Recreational Fund. There is hereby created a City of Louisville Parks and Recreational Fund. All parks and recreational fees collected in accordance with Section 2 shall be paid into a special and segregated fund. The Treasurer shall account separately for all receipts and disbursements to and from the fund and shall not co-mingle any part of said fund with other funds of the City of Louisville. SECTION 4. Disbursements from the City of Louisville Parks -3-