(A) As an alternative, the City Council may at its discretion charge a fee in lieu of open space to allow for more centralized parks or other municipal off-site improvements as the City Council determines.
(B) A fee in lieu of open space may be provided if the following requirements are met:
(1) The amount of square footage that is required as open space shall be reviewed and recommended by the Planning Commission as part of the MPC Zone application process.
(2) The fee in lieu of open space shall be determined by an appraised amount per square footage, which amount shall be set by an appraisal conducted by an independent appraiser paid for by the developer, and the appraised amount shall be approved by the City Council.
(Ord. 2022-007, passed 9-13-2022)