(A) City's schedule.
(1) The Director of Community Development shall prepare and maintain a schedule specifying how, when and where the land or fees, or both, which were dedicated to the city to develop park or recreational facilities will be used.
(2) Any fees collected under this subchapter shall be committed within five years after the payment of such fees or the issuance of building permits on one-half of the lots created by the subdivision, whichever occurs later.
(B) Subdivider's schedule.
(1) In the event that the subdivider improves or develops parks for public or private ownership, he or she shall prepare a schedule specifying when, how and where the park or recreational facilities serving the residents of the subdivision will be developed.
(2) This schedule will be required as a condition of subdivision map approval.
(Ord. 1325, passed 11-6-02)