The acreage to be contributed prior to the final approval by the city council of any residential subdivision plat shall be determined by the following formula:
1 acre | x | Each 250 persons projected to occupy the fully developed subdivision | = | Amount of land to be contributed | ||
which is | ||||||
0.004 acre | x | Number persons per dwelling unit | x | Number dwelling units projected for subdivision | = | Amount of land to be contributed |
Standards for the number of persons per dwelling unit shall be based upon the most recent federal decennial census. | ||||||
In those instances where the formula used above shows that less than five hundred (500) persons shall ultimately occupy any given subdivision as reflected by the preliminary plat submitted for approval, the planning commission shall review the plat and promptly recommend whether land or money should be required of the subdivider. Such recommendation may be appealed to the city council by the subdivider. (Prior Code, Chapter 16, as amended)