(A) Due consideration shall be given to the allocation of areas suitably located and of adequate size for playgrounds and parks for local or neighborhood use as well as public service areas.
(B) When a proposed school, neighborhood park, electric substation, water storage tank, recreation area, or public access to water frontage shown in the Official Plan, is located in whole or part in a proposed subdivision, the Village Board may require, as a condition of final plat approval, that such space within the subdivision be reserved and not developed for a period not to exceed one year from the date of such final plat approval. Within the one year period, the appropriate public agency may acquire the reserved property in the manner provided by law. If the reserved site is not acquired and no legal action is filed within the one-year period, the reservation shall become void and the site previously reserved may then be used for other purposes.
(Ord. 04-09, passed 9-21-2004)