(A) When a proposed subdivision is a part of a major land development project, and the owner of such land proposes to permit development by one or more merchant builders, provisions for park and recreational facilities shall be made by the major landowner through the adoption of a comprehensive plan and not by the individual merchant builders. Where park and recreation facilities have been dedicated by requirements of the city in excess of this chapter’s requirements, the major landowner may, at the discretion of the city, be given 100% credit for the excess on subsequent projects within the adopted comprehensive plan.
(B) For the purpose of this chapter, a MAJOR LAND DEVELOPMENT PROJECT shall be a land development project exceeding 40 acres in size.
(C) Where development is proposed for construction in increments, a schedule for providing the park and recreation facilities shall be submitted for consideration by the city. All park facilities shall be developed consistent with any schedule approved by the city.
(Ord. 2023-07, passed 8-15-2023)