A. Areas to be Reserved: Whenever the area being subdivided embraces all or part of any lands designated on the Official Plan for a school, forest preserve, or other community facility or any other public use, all land so designated shall be shown on the preliminary plat as being dedicated or reserved for that proposed use, and it shall be reserved by the subdivider for a period of one year from the date of approval of the preliminary plat, during which time it shall be made available to the public agency concerned at the undeveloped acreage price, as determined by an appraiser acceptable to both parties.
B. Reservations and Preliminary Plats:
1. Areas reserved shall be clearly identified on the preliminary plat as reserved in accordance with this Title.
2. The preliminary plat shall also contain the proposals of the subdivider as they might otherwise be platted, for the areas under reservation, to be applied in the event the land is not acquired by the public within the period of reservation. Upon completion of the one year period of reservation, the preliminary plat shall remain a valid preliminary plat for the formerly reserved areas for a period of one year.
C. Reservations and Final Plats:
1. Where practicable, final plats shall not include areas reserved. Said final plats should affect only that portion of the subdivider's land which is unrestricted by the reservations.
2. Where final plats must include areas reserved, such areas shall be clearly identified as reserved in accordance with this Title and shall not contain any proposals of the developer.
3. Final plats may be submitted for reserved land unacquired by the public at the close of the one year period. Such plats will be considered additional units of the subdivisions for which initial final plats were recorded.
D. Reversion: If the appropriate public agency having jurisdiction has not, within one year after receiving notice in writing that the premises are available at the price and terms set forth in subsection A above, acquired the site reserved for a public use, the subdivider shall regain full and unencumbered title to the same, and may use it in any way and for any purpose permitted by the pertinent regulations then in effect. (Ord. 90-03, 7-25-90)