(A) An owner or developer responsible for park land dedication under this chapter may be required, at the Director's option, to meet the dedication requirements in whole or in part by a cash payment in lieu of land in the amount set forth below. Such payment in lieu of land dedication shall be made prior to filing the plat for record or prior to the issuance of a building permit where a plat is not required. All funds collected pursuant to this section shall be used solely for the acquisition or leasing of park land in the park quadrant in which the subdivision or development is located.
(B) In instances where land is required to be dedicated, the Director shall have the right to reject the park land dedication and require a cash payment in lieu of land in the amount set forth below, if the Director determines that:
(1) The park land dedication site is such a small area that it is inefficient to maintain;
(2) Sufficient park area is already in the public domain for the park quadrant where the proposed development is located, and the recreation needs of the citizens will be better served by expanding or improving existing parks in said park quadrant; or
(3) The development project is located within the extraterritorial jurisdiction of the city and the Director determines that maintaining the park land will be financially impractical.
(C) The city may from time to time acquire land for parks in or near an area of actual or potential development. If the city does acquire park land in a park quadrant, the city may require subsequent dedications within the quadrant to be cash payments in lieu of dedication only in order to reimburse the city for the costs of acquisition.
(D) The cash payment in lieu of land dedication shall be met by the payment of a fee set from time to time by city ordinance sufficient to acquire neighborhood park land. The cash payment shall be computed on the basis of the fee per dwelling unit as set forth in the park land dedication table set forth in Exhibit “B” attached to Ord. OR-2333-23 as referenced in § 156.03.
(E) A cash payment in lieu of land dedication, as set forth in this section, does not relieve the owner or developer of the obligation to pay the park development fee set forth in § 156.06. The cash payment in lieu of land dedication is in addition to the required park development fee.
(Ord. 1421, passed 4-14-03; Am. Ord. OR-2227-21, passed 11-8-21; Am. Ord. OR-2333-23, passed 12-11-33)