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<br />ORDINANCE NO. 1095 <br />SERIES 1993 <br /> <br />AN ORDINANCE AMENDING THE CAPITAL IMPROVEMENT FEE AND <br />SUBDIVISION DEDICATION REQUIREMENTS TO ASSIST IN MEETING <br />GROWTH RELATED NEEDS OF THE CITY OF LOUISVILLE, COLORADO <br /> <br />WHEREAS, the City of Louisville, Colorado, is principally a <br />residential community; and <br /> <br />WHEREAS, the City has experienced substantial residential <br />growth in recent years, including an increase in population from <br />1980 of 5,593 to a 1990 population of 12,361, which represents an <br />increase of 121 percent; and <br /> <br />WHEREAS, the population of the City has increased to about <br />14,000, an additional approximately 14 percent increase from <br />January 1990 to January 1992; and <br /> <br />WHEREAS, at least two thousand two hundred fifty-one <br />additional residential units might be constructed on undeveloped <br />land located within the City; and <br /> <br />WHEREAS, it is estimated that the City's population will <br />increase an additional 35 percent by January 2000, even if no <br />additional land is annexed; and <br /> <br />WHEREAS, such population growth has placed and will continue <br />to place a burden on the ability of the City to provide public <br />services in a timely fashion to accommodate the growth; and <br /> <br />WHEREAS, the City will need additional resources in order to <br />provide necessary services to its additional population; and <br /> <br />WHEREAS, <br />Louisville Parks <br />and open space <br />population, and <br />development; and <br /> <br />there is a demonstrated need, as shown in the <br />Master Plan, to provide additional parks, trails <br />areas within the city to serve its growing <br />the available areas are diminishing with new <br /> <br />WHEREAS, the City's capital improvement fee is reasonably <br />designed to assist in defraying the cost of providing or expanding <br />City Services made necessary by new development; and <br /> <br />WHEREAS, the increases in the fee and dedication requirements <br />set forth herein are dedicated to the purpose of defraying the <br />costs of particular City services, and may not be used for general <br />City purposes; and <br /> <br />1 <br />