(a) For each lot or parcel intended for a commercial office or other business/ industrial use, the fee shall be an amount computed at the rate of four hundred dollars ($400.00) for each acre or fraction thereof of such lot or parcel.
(b) The Parks and Recreational Capital Improvement Fund shall be used for the acquisition or improvement of Municipal parks and playgrounds exclusively, and for no other purpose.
(Ord. 115-03. Passed 10-2-03.)