The Plan Commission may require that suitable sites of adequate
area be dedicated or reserved for future public uses such as parks,
playgrounds, greenways and open spaces. In locating such sites, consideration
shall be given to preserving scenic and historic sites, stands of
fine trees, marshes and shorelines. Reservation of land for public
acquisition shall be for a period not to exceed three years.
A.Â
Public parks and sites for other public areas.
(1)Â
Suitable sites for public areas, such as but not limited to parks,
recreational areas, parkways, public building areas or other public
uses, but excluding schools, shall be provided in one or more of the
following manners:
(a)Â
Dedication of 10% of the total area of the subdivision, but
not less than one acre.
(b)Â
Transfer of ownership by deed to the Village of the areas of
land equivalent to the requirements of Subsection A(1)(a) above.
(c)Â
Where the dedication of land under Subsection A(1)(a) or (b)
above would result in lands which would not be useful to the Village,
the Village Board may, in its sole discretion, stipulate to the owner
some other equitable means for making a dedication or, in lieu thereof,
a cash payment of $1,000 per dwelling unit as each unit is sold or
developed. Revenues received in such a manner shall be deposited in
a special account and shall be used exclusively for public recreation
in the Village.
(2)Â
When public parks and sites for other public areas, as shown on the
Official Map, lie within the area proposed for development and are
greater in area than required by Subsection A(1)(a) above, the owner
shall reserve the acquisition by the Village, through agreement, purchase
or condemnation, the remaining greater public area for a period of
one year.
(3)Â
The Village Board shall determine which land shall be dedicated.
Land dedicated for drainageways is not a credit towards park dedication
requirements.
