Where the comprehensive plan or the standards of the village call for a larger amount of fully equipped park and recreational land in a particular subdivision than the developer is required to dedicate, the fully equipped land needed beyond the developer's contribution shall be reserved on the final plat for subsequent purchases by the village or other public body designated by the village, provided that such acquisition is made within one year from the date of approval of the final plat.
(Ord. 1995-0-25, passed 12-26-95)