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15.07.240 Credit for private recreation facilities.
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A. The Town may give the developer credit for private recreation facilities in the development, against the amount of land or facilities otherwise determined to be required under PMC 15.07.220; provided, that:

1. The amount of land to be dedicated may be reduced by no more than fifty percent (50%) of the requirements of PMC 15.07.220;

2. The Town Council determines that the private recreation facilities offered will absorb a major portion of the recreational demands of the residents or employees of the proposed development;

3. The private recreation facilities will be constructed at the same time as or prior to the housing in the development; and

4. There are sufficient safeguards in the development improvements agreement to insure that the private recreation facilities are completed at the same time as or before the remainder of the development. (Ord. 711 §1 (Exh. A), 2017; Amended Ord. 757 §2, 2019)