(A)   Where sites or locations for parks, schools, playgrounds or other public uses are located within the subdivision area as shown on the master plan or deemed to be desirable, the Commission may request their dedication for such purposes or their reservations for a period of three years following the date of approval of the final plat. In the event the governmental agency concerned passes a resolution expressing its intent to acquire the land so reserved, the reservation period may be extended for an additional one year.
   (B)   Failure to acquire such area by voluntary means within the designated time, shall waive the requirements of the above paragraph and such area shall thereafter be free of such reservation for public acquisition.
('74 Code, § 14-21) (Ord. passed 11-25-67)