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11-4-8 11--4$ <br /> �,. A) systems, water ponding, public lands or to contribute an equivalent amount <br /> of cash, based upon the conditions outlined below. The form of <br /> �^ contribution (cash or land, or any combination of) shall be decided by the <br /> City Council based upon need and conformance with approved City plans. <br /> (B) All monies collected from cash contributions shall be placed in a special fund <br /> from which only those public uses, as listed in subsection (A) of this Section <br /> may be' constructed or improved, or land for those same uses may be <br /> acquired. The City may elect to receive a combination of cash, land and <br /> development of the land for park use. Cash contributions shall be due prior <br /> to the issuance of the first building permit in the subdivision. <br /> (C) Where a proposed park, playground or other recreational areas, proposed <br /> school site or other public ground that has been indidated in the official map <br /> and/or master plan is located in whole or in part within a proposed <br /> subdivision, such proposed public site shall be designated as such and should <br /> be dedicated to the City, school district or other proper governmental unit. <br /> If the subdivider chooses not to dedicate an area in excess of the land <br /> required under this Section hereof for such proposed public site, the Council <br /> shall not be required to act to approve or disapprove the plat of the <br /> subdivision for a period of ninety (90) days after the subdivider meets all the. <br /> provisions of the Subdivision Title in order to permit the Council, school <br /> board or other appropriate governmental unit to consider the proposed plat <br /> and to take the necessary steps to acquire, through purchase or <br /> condemnation all or part of the public site proposed under the official map <br /> or master plan. <br /> (D) In such cases where the developer is required to dedicate land area, the City <br /> Council shall have the right to determine the geographic location and <br /> configuration of said dedication. <br /> (E) dedication Formula: The dedication formula for residential land shall be <br /> based on the national standard of providing ten (10) acres of parks and open <br /> spaces per one thousand (1000) population and residential subdivisions shall <br /> be computed on the proposed number of dwelling units in a project and <br /> the average population for dwelling unit type as established by the <br /> Metropolitan Council. The dedication formula for commercial and industrial <br /> district development shall be five percent (5%) of the gross land area. Where <br /> the City Council elects to take cash in lieu of land, such contribution shall <br /> be based upon land dedication requirement multiplied by the average cost <br /> per acre by zoning district as established from time to time by the City <br /> Council. <br /> 983 <br />