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-w-r1illill' <br />wr orest Lake <br />Amount of land to be dedicated for Public recreational use shall. be determined <br />0, <br />by the planned population of the subdivision using the ratio of one acre of land <br />for each 75 persons. <br />Average subidlivision population densities for computing the required land <br />deldication, are as follows,. <br />. Sin le -Farm! y Detached ellin 4.1 persons unit <br />I Dou bile -Famil ly Dwelling <br />W <br />Apartment Units* <br />Ef f iciency <br />I bedroom <br />2 bedrolomis <br />3+ bedrooms <br />Townhouse,: <br />2, bedrooms. <br />31+ bedrooms <br />4.1, persons/unit <br />1.1 <br />persons unit <br />1. 4, <br />Persons/lunit <br />2.5 <br />persons/unit <br />4.0 <br />persons unit <br />3.3 personsillunit <br />4.0 <br />persons /unit <br />As a general rule, each subdivision shall be required to dedicate land, or pay <br />into the City fund a cash payment equivalent,, for pu�bli,c uses. <br />Residential <br />Commercial & Industrial <br />10% of gross <br />subdivided <br />31% of gross <br />area to be <br />1UUUUiVAUt;U <br />Any land dedication in excess of the 10% and 31% requirement shall be resel�rve(,J <br />for a period of 2 years, during which, the City, or other public body may � u )If <br />such land.. <br />The, City may choose to accept an equivalent amount, in cash f rom the <br />for part, or all of the portion required to be dedicated based on the fair mar 111c lell,'',,, <br />value of the land no later than at the time of the final approval. <br />In determiiningl fair market, value of public areas for land subdivision for <br />pia ymenit, the followings values will be used: <br />Riesidential Subdivision $1�P500/10t <br />11$7.1150/lot <br />Residential Lot Split <br />Commercial/Industrial Subdivision 1$10,--,023[si�q. f it w` <br />aw <br />or ILo t Spli t h <br />11, le 4,Alo <br />V, 'W <br />p <br />Id' 0 VFw <br />10 rc <br />4l <br />III <br />Pill! <br />