12-6-5: LIBRARY DISTRICT CONTRIBUTIONS:
   A.   Whereas, there are no land requirements and/or needs to the library district. The library district shall receive from the developer a onetime payment of an amount equal to an annual payment of real estate taxes to which the library district is entitled as calculated by the following formula:
Example:
 
30,032
1.
Population of the library area (census figure)
670,434.00
2.
Total library income (property tax extension) (1994)
22.32
3.
Per capita support for library (divide library income by population)
2.9
4.
Determine size of average household (using census)
22.32 x 2.9
5.
Calculate fee (multiply per capita amount by size of average household)
$64.73
6.
Fee (as derived by above formula)
 
   B.   This cash contribution is to be collected by the library district as per construction of each dwelling unit. Said contribution is to be used solely for the purpose of servicing the additional population generated by the development making the contribution. (Ord. 96-32, 4-18-1996)