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ORDINANCE 92- 39 <br />payment or construction made pursuant to a development order <br />issued by Indian River County or any participating <br />municipality pursuant to its local development regulation or <br />Section 380.06, Florida Statutes, or any additional <br />development requirement imposed by the Florida Land and Water <br />(2) The credit shall be in an amount equal to the market value of <br />the contribution, payment, construction or land dedication. <br />No credit shall exceed thefent—orthe proposed impact <br />generating activity imposed by this chapter, unless a credit <br />(developer's) agreement is completed which provides use of <br />excess credits and stipulates how the excess credits will be <br />applied toward additional lands owned by a developer. <br />(a) If the proposed credit agreement involves credit for the <br />dedication -of land: <br />g and-l-egal-dea ription of the <br />The appraised fair market vallip nf be land at tb <br />jd!ateof its dedication, prepared by a certified <br />Florida rpal property ser a roved b the <br />administrator or his designee, and if <br />le <br />3. A certificate of title or title search of the land; <br />4. A certified copy of the development order in which <br />t o land was agreed to be dedicated <br />heproposedp}arm -o�th� spec�f3�c-ens�rue��on <br />iifi <br />repared and certified by a duly qualified and <br />Canaorl Flo * agi-n-ee • <br />Coding: Words in type are deletions from existing law. <br />Wordsdarlinedre additinna 23 <br />SmeadSoft Reprint Date: Friday, September 27, 2013 - 11:51:39 - OfficialDocuments:594, Attachment Id 1, Page 23 <br />