Any land and fees received by the City pursuant to this chapter shall be used only for the purpose of providing park and recreational facilities to serve the area in which the subdivision or development concerned is located. Fees paid pursuant to this chapter shall be deposited in a Parks and Recreation Capital Improvement Fund to be used for the acquisition, development and improvement of park and recreational facilities. No part of such fees shall be used for the purpose of paying salaries, wages or other general operating expenditures, except when City forces are used to develop the respective park site. Fees received may be expended only in connection with the acquisition or development of parks and recreational facilities in reasonable proximity to the subdivision or development they are meant to benefit. Parks and recreational facilities so developed shall continue to be maintained so long as the subdivision or development they are meant to benefit remains in use.
(Ord. 77-06. Passed 2-22-77. )