This chapter provides a procedure for the City to reserve land for public purposes such as libraries, fire and police facilities, parks and recreational facilities and other public facilities, as provided in Section 66479 of the Subdivision Map Act.
(Ord. 539 § 1, 2011)
Where a park, recreation facility, fire station, library or other public facility is shown in the Live Oak General Plan or an adopted specific plan, the subdivider may be required by the City to reserves sites as determined by the City in accordance with the policies and standards contained in the General Plan or adopted specific plan. The reserved area must be of such size and shape as to permit the balance of the property within which the reservation is located to develop in an orderly and efficient manner. The amount of land to be reserved shall not make developing the remaining land held by the subdivider economically infeasible. The reserved area shall be consistent with the General Plan or the adopted specific plan and shall be in such multiples of streets and lots as to permit an efficient subdivision of the reserved area in the event that it is not acquired within the prescribed period.
(Ord. 539 § 1, 2011)
The City or other public agency for whose benefit an area has been reserved shall, at the time of approval of the final map or parcel map, enter into a binding agreement to acquire such reserved area within two years after the completion and acceptance of all public improvements, unless the period of time is extended by mutual agreement.
(Ord. 539 § 1, 2011)
The purchase price for the reserved area shall be the market value thereof at the time of the filing of the tentative map or tentative parcel map, plus the taxes against the reserved area from the date of the reservation and any other costs incurred by the subdivider in the maintenance of the reserved area.
(Ord. 539 § 1, 2011)
If the City or other public agency for whose benefit an area has been reserved does not enter into a binding agreement in accordance with this chapter, the reservation shall automatically terminate.
(Ord. 539 § 1, 2011)