If in the sole discretion of the town it is determined that recreation/park space for which the town accepted dedication is either unnecessary, unsuitable or not economically feasible to be maintained as recreational/park space, the town may sell such property in accordance with statutory procedures governing the sale of real estate by the town, and the proceeds thereof shall be deposited in an escrow account to be used only for public park acquisition, development, and capital improvement of parks within the town.
(Ord. 145, passed 6-8-2006)