(A) Where the development is small and the resulting park site is too small to be practical or when no available land is appropriate for a park site as determined by the village, the village may require the subdivider or the developer to pay a cash contribution partly or wholly in lieu of land dedication. A cash contribution in lieu of park site dedications shall be based on acres of land on site improved as specified herein that otherwise would have been dedicated as a park site. Such improvements shall include consideration of grading, streets, water, and sewer systems, curbs and gutters, sidewalks, electrical service, street trees and streetlights.
(B) The minimum cash contribution shall be $30,000 per acre.
(Ord. 1025, passed 4-20-09)