(a) The Planning Commission shall require the dedication of land for parks, playgrounds, open space, or other public sites, and/or school sites, in an amount to be determined by applying performance standards listed in Chapter 1177.
(b) Where the adopted Land Use and Thoroughfare Plan shows the planned location of such public sites, the Planning Commission shall require that such dedication be in conformance with said plan. Where the land area shown on said plan for such public sites exceeds the ten percent (10%).
(c) If there is no public site indicated on the Land Use and Thoroughfare Plan or because of the size of the subdivision or other restrictive conditions, the Planning Commission may permit the subdivider to substitute for land an amount of money equal to the value of such land before improvements. This value may be determined by current fair market value of residentially zoned land in the City of Twinsburg. This money shall be used for the purpose of acquiring land for parks, playgrounds, open space, other public sites, and/or school sites which will serve the subdivision for which payment was made.
(d) It is recommended that public sites for schools be at least ten (10) acres in area, sites for neighborhood parks be at least seven (7) acres, and school park sites be at least fifteen (15) acres in area. It is also recommended that where possible, public sites in adjoining subdivision be located together so that larger, more usable public sites are created.
(e) Any land dedicated for the public park or open space (other than buffer areas which separate industrial or business areas from residential areas) shall be seeded and landscaped by the subdivider as indicated on the approved plans, including fertilizing-seeding.
(f) Council may, by resolution, authorize the Mayor to enter into a written agreement with a subdivider providing for the dedication of land to create a reserve of land acreage credits to be used to satisfy the requirements of this section with respect to future development. Any such agreement shall first be referred to the Parks and Recreation Director and then approved by the Planning Commission in accordance with the provisions of Section 7.08 of the City Charter.
(Ord. 173-2000. Passed 12-17-00.)