Where an area being subdivided includes land proposed for parks or schools under the duly adopted official comprehensive plan of the city and its environs, the subdivider shall either dedicate those lands to the appropriate public agency as a part of the plat or shall reserve the lands for a specified period to permit their acquisition by purchase or by other means by the public agency, the period to be determined by an agreement entered into between the subdivider and the appropriate public agency regarding the time and method of acquisition and the cost of the land.
(1969 Code, § 23-66) (Ord. 1961-12, passed 4-24-1961) Penalty, see § 10.99