The amount of open space reserved under a Planned Unit Development shall either be held in corporate ownership by the owners of the project area building sites for the use of each owner who buys property within the development, or be dedicated to the village and retained as open space for parks, recreation, and related uses. All land dedicated to the village must meet the Village Planning Commission’s requirements as to shape, size, and location. Public utility and similar channels are not acceptable for open space dedication to the village unless such land or right-of-way is usable as a trail or similar way, and approved by the Commission.
(Ord. 367, passed 8-27-1973)