10-2-4: RESERVATION OF PUBLIC SPACES AND SITES:
   A.   Plan To Show Public Land: Whenever a tract to be subdivided includes a proposed street, highway or parkway, or proposed site for a park, playground, school or other public use as indicated on the official map of the village, such space shall be suitably incorporated by the developer into his subdivision plat after proper determination of its necessity by the planning and zoning board and the appropriate village office or other public agency involved in the acquisition and use of each such site. (Ord. 2010-27, 12-2-2010; amd. Ord. 2015-9, 5-7-2015)
   B.   Adequate Open Space Required:
      1.   Floodplain Areas: The village board may, when it deems it necessary for the health, safety or welfare of the present and future population of the area and necessary to the conservation of water, drainage, and sanitary facilities, prohibit subdivision of any portion of the property which lies within the floodplain of any stream or drainage course. These floodplain areas shall be preserved from any and all destruction or damage resulting from clearing, grading or dumping of earth, waste material or stumps.
      2.   Park And Playground Sites: Unless appropriate provisions for dedication or donation of park or playground sites have been made by the village board in a previous action, any required parks or playgrounds shall be acquired by the appropriate village, county, or state agency. (Ord. 2010-27, 12-2-2010)
   C.   Acquisition Of Land For Public Use: The planning and zoning board shall consider all preliminary plans and adopted or proposed studies related thereto, to determine the need for acquisition for public use of any of the land included in the preliminary plan. Land may be acquired for parks, playgrounds, or other public recreation areas, or other public purposes as provided by law.
      1.   Referral To Public Body: The planning and zoning board shall refer the plat to the public body concerned with acquisition for its consideration and report. The planning and zoning board may propose alternate areas for such acquisition and shall allow the public body or agency thirty (30) days from the date of referral for reply. The agency's recommendation, if affirmative, shall include a map showing the boundaries and area of the parcel to be acquired and an estimate of the time required to complete the acquisition.
      2.   Notice To Property Owner: Upon receipt of an affirmative report from an acquiring agency, the planning and zoning board shall notify the property owner and shall designate on the preliminary plan and final plat that area proposed to be acquired by the public body. (Ord. 2010-27, 12-2-2010; amd. Ord. 2015-9, 5-7-2015)
      3.   Duration Of Land Reservation: The acquisition of land reserved by a public agency on the preliminary plan or final plat shall be initiated within twelve (12) months of notification, in writing, from the owner that he intends to develop the land. Such letter of intent shall be accompanied by a sketch plan of the proposed development and a tentative schedule of construction. Failure on the part of the public agency to initiate acquisition within the prescribed twelve (12) months shall result in the removal of the "reserved" designation from the property involved and the freeing of the property for private development. (Ord. 2010-27, 12-2-2010)