Section 151.12.003 Dedication of Land and/or Improvements in Lieu of Fees
In the event a person proposes a subdivision or development which includes a plan and a program for a complete community or neighborhood, including the dedication of adequate public sites and improvements, the City Council may, upon recommendation by the Planning and Zoning Commission, accept the dedication of such sites and improvements in lieu of the park fee required by this article; provided that the value of such space and improvements as determined by the City Council, apportioned over the number of dwelling units and mobile home spaces to be developed, is substantially equal to the amount of fee required by this section; and, in the event the dedications referred to above do not substantially equal in value the amount of fee required and measured as set forth in this section, as determined by the City Council, the City Council may accept such dedications in partial payment of such fees and collect the remainder thereof in cash.
(Ord. 743, passed 4-10-86;)