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� identify specific sites for needed parks before these areas are developed. When plats are <br /> submitted for land containing proposed park sites, the City will require dedication of the <br /> ' sites as a condition of pIat approval. If site requirements are greater than the dedication of <br /> a particula.r subdivision, the City may locate parks where multipie dedications may occur <br /> or use dedication funds to acquire additional land. Identified corridors in the City's plan <br /> for bicycle/pedestrian trails will also be dedicated as part of the City's park land dedication <br /> requirements. <br /> The dedication of tand should be based upon net developable land. Wetlands and other <br /> unbuildable Iand may be included in a land dedication, but only in excess or in addition to <br /> _ the minimum developable Iand requirement. In other subdivisions, the developers will be <br /> - required to make payments in Iieu of land dedication. The City will not accept the <br /> dedication of park land in developments where parks are not needed. <br /> Funds received from payment in lieu of park land dedication will be placed in a separate � <br /> � <br /> fund designated for park land acquisition and improvements. The dedication formula i <br /> , <br /> required in the subaivision reg�.ilations will be determined by the City's Capital ' <br /> i <br /> Improvements Program, pa.rk development plans and strategy for needed pa.rk land and � <br /> park improvements. '� <br /> • � <br /> Chain of Lakes Regional Park Reserve � <br /> ', The impact of Centerville's future growth on the Chain of Lakes Regional Park Reserve <br /> will be very limited. The majority of the park reserve that is in the City is adjacent to <br /> either Peltier Lake or e�cisting low-medium density residential areas. The City recognizes <br /> the value of the park reserve as a resource to the region and the City, and will continue to <br /> take measures to insure protection of the park reserve from adverse impacts from <br /> inappropriate development in the area of the park reserve. <br /> 51 <br />