(A) For purposes of computing the amount of land donations or cash contributions in lieu of land for park and school sites, and cash donations for school construction and recreation facilities that will be required of each subdivision or planned unit development to enable the village to provide facilities and services to meet the needs of such subdivision or planned unit development, its projected population density shall be computed in accordance with the most current version of the table of estimated ultimate population per dwelling unit set forth in sections 11-1-7, "Exhibit A, For Park Calculations", 11-1-8, "Exhibit B, For School Land Calculations", and 11-1-9, "Exhibit C, For School Construction Calculations", of this chapter.
(B) The current versions of the table of estimated ultimate population per dwelling unit in sections 11-1-7, 11-1-8 and 11-1-9 of this chapter shall be used for all population estimates unless a subdivider or developer files a written objection to the village data, together with his or her own demographic study showing the estimated population to be generated by his or her subdivision or planned unit development. In that event, the final determination of the density formula to be used in such calculations shall be made by the village's corporate authorities on the basis of the most current version of the table of estimated ultimate population per dwelling unit, data submitted by the subdivider or developer, and from other sources which may be submitted to the village's corporate authorities by Manteno Community Unit School District 5 and the Manteno recreation and parks commission.
(C) Population density, age distribution and local conditions change over the years and, accordingly, the table of estimated ultimate population per dwelling unit in sections 11-1-7, 11-1-8 and 11-1-9 of this chapter shall be subject to periodic review and amendment, as necessary, and in the sole and absolute discretion of the village's corporate authorities. (Ord. 04-32, 1-24-2005)