9-6-1: LEGISLATIVE INTENT:
As a condition of approval of a final plat of subdivision or of a final plat of a planned development, each subdivider or developer shall be required to dedicate land for library, Village park, recreational, fire/rescue and school purposes to serve the immediate and future needs of the residents of the development, or shall be required to make a cash contribution in lieu of actual land dedication, or a combination of both, at the option of the Village with the concurrence of the affected district or districts, which concurrence shall be obtained in writing. However, the Village shall have the final decision making power in this regard. Land dedication sites may be made to the Village or to the applicable district at the discretion of the Village Board. The dedications and cash contributions required hereunder shall be made in accordance with the criteria and formulas of this chapter. (Ord. 915, 2-13-2003)