§ 6.07.04. Payment in lieu of land.

Development projects smaller than 500 acres that choose not to dedicate at least five acres for a neighborhood park shall provide a payment in lieu of providing land and a payment in lieu of constructing recreational facilities in accordance with section 6.07.06. The payment for land shall be the proportionate percentage attributable to each development project of the fee for a five acre parcel of land for a neighborhood park, based on the ratio of the gross size of the development project to the neighborhood park service area (e.g., a 50-acre development project is ten percent (50 acres/500 acres) of the neighborhood park service area so payment in lieu of land would be ten percent of the cost to purchase land for a new neighborhood park). This payment, hereinafter called a neighborhood park land purchase fee, will be updated annually by the public works department and approved by the board of county commissioners in January of each year and will reflect the average cost of five to ten-acre lots purchased in the preceding calendar year throughout the county. The new fee will be effective February 1 ^st of each year.

(Ord. No. 11-01, § 2, 1-18-11)