As a condition of approval of a tentative or parcel map, precise plan, or development plan review, the city may require the applicant to reserve sites appropriate in area and location for fire stations, libraries or other public uses, pay an in-lieu fee or both at the option of the city in compliance with this section.
(1) Standards for Reservation of Land.
(A) Location of Land. Where a fire station, library or other public use is shown in the general plan or applicable specific plan, the applicant may be required by the city to reserve sites as determined by the city in compliance with the standards in the applicable plan.
(B) Configuration. The reserved area shall be of a size and shape that will permit the balance of the property to develop in an orderly and efficient manner. The amount of land to be reserved shall not make development of the remaining land held by the applicant economically unfeasible. The land to be reserved shall be in multiples of streets and parcels that will permit an efficient division of the reserved area if it is not acquired within the period determined by subsection (2) (Procedure for Reservation of Land) of this section.
(2) Procedure for Reservation of Land. The public agency for whose benefit an area has been reserved shall at the time of approval of the application for development enter into a binding agreement with the applicant to acquire the reserved area and subdivide the parcel for public purposes within two years after the completion and acceptance of all improvements, unless a longer time is authorized by mutual agreement.
(3) Purchase Price of Reserved Land. The purchase price shall be the market value of the land at the time a subdivision or parcel map of the land for public purpose is filed, plus the property taxes against the reserved area from the date of the reservation, and any other costs incurred by the applicant in maintaining the reserved area, including interest costs incurred on any loan covering the reserved area.
(4) Termination of Reservation. If the public agency for whose benefit an area has been reserved does not enter into a binding agreement as described in subsection
(2) (Procedure for Reservation of Land) of this section, the reservation shall terminate.
(Ord. 1308 § 5, 2000; Ord. 1576 § 10, 2021)