(a) Intent. It is the intent of this Section to ensure provision of common open space to:
(1) Satisfy certain recreational needs of the resident population;
(2) Encourage innovative and attractive site design; and,
(3) Facilitate the conservation of valuable and sensitive environmental features such as streams, woodlands, and hillsides.
(b) Amount of Reservation. In accordance with the intent of this Section, it is required that, for all sites of at least two (2) acres to be developed under the R-1 District regulations, at least 1500 square feet of common open space be reserved for each dwelling unit or lot proposed, whichever is greatest. Provision of common open space does not reduce the minimum lot size requirement as stated in Section 1107.09.
(c) Required Characteristics. Land designated as common open space under the provisions of this Section shall conform with the characteristics described below:
(1) Common open space shall consist of a parcel or parcels of land or a combination of land or water, within a development site, designed and intended for the use or enjoyment of residents of the development or the public and shall not include streets, off-street parking areas and areas set aside for public facilities.
(2) Consideration shall be given to the arrangement and location of common open space to take advantage of physical characteristics of the site and to place common open space within easy access and view of dwelling units, at the same time preserving and enhancing natural features. Areas set aside for common open space shall contain no structure other than a structure related to outdoor recreational use.
(3) The common open space shall be contiguous to the development and not be separated from the tract by existing roads.
(d) Ownership and Maintenance. The open areas or spaces to be reserved for open space may be conveyed to the Village if acceptable to the Village, conveyed to a legally constituted homeowners or condominium association, or retained and managed by private ownership. Satisfactory written arrangements, acceptable to the Village in all cases, shall be made for the perpetual preservation and maintenance of all common areas
to be set aside and reserved for private use.