Sec. 21-12-7. Major projects financing plan.

The city’s standard for park land is six acres per one thousand residents. The amount of land to be dedicated or in-lieu fees to be paid pursuant to this chapter shall account for five acres per one thousand residents. The balance of one acre per one thousand residents shall be collected as an in-lieu fee as part of the major projects financing plan at the time of issuance of a building permit. Subdividers shall also be required to pay fees for park improvements as specified in the current major projects financing plan. (Ord. No. 1500, § 3 (part).)