If, following the village's acceptance of park dedicated to it in accordance with conditions of approval of any tentative parcel map for a subdivision, the Village Board determined that there is another site available that would more suitable to serve the park and recreational needs of future inhabitants of such subdivision, or that there is another site available that could be developed, operated, and maintained in a manner which meets the needs of the future inhabitants of the subdivision for park facilities at a cost significantly less than the cost of developing, operating and maintaining the dedicated land for park or recreational purposes, then the Village Board may either sell the dedicated land and use the proceeds from such sale to acquire and develop such other site for park and recreational purposes, or may exchange the dedicated land for such other site.
(Ord. 2021-03, passed 3-9-2021)