15.07.220 Land dedication – Method and amount.
A. Residential Development Dedication Requirements. The developer shall convey to the Town by means of a final plat dedication, or shall convey by acceptable warranty deed, land to be used for public recreation at locations designated by the Town in the following manner:
1. Seven (7) acres for every one thousand (1,000) residents of the proposed residential subdivision or development;
2. For the purpose of the foregoing requirement, the number of residents attributable to each residential subdivision or development shall be:
a. Single-family dwellings, three and one-half (3.5) residents per unit;
b. Two (2) family dwellings, three (3) residents per unit;
c. Multifamily dwellings, two and one-half (2.5) residents per unit;
3. A minimum of eighty percent (80%) of land dedicated shall lend itself to use for public recreation purposes which include, but are not limited to, the following: play fields, tennis courts, picnic sites and boating areas.
B. Commercial Development Dedication Requirements. The developer shall dedicate and convey to the Town by means of final plat dedication or acceptable warranty deed, such facilities and easements as determined by the Town Manager, at locations designated by the Town, to be used for public facilities and services made necessary as a result of the development.
C. The developer shall have the option, in its sole discretion, to accept the Town’s calculation of the required dedication, or to perform such studies as necessary to demonstrate the actual impact of the development upon public services and facilities, and the resulting appropriate dedication or contribution in lieu of the same. (Ord. 711 §1 (Exh. A), 2017)