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r ' <br /> r <br /> 076 6 <br /> By comparing the payments collected with the average prices projected for 75-acre ($214,650 or <br /> $2,862 per acre x 75 acres) and 25-acre ($87,875 or $3,515 per acre x 25 acres) tracts, it is <br /> obvious that one difficulty with the payment-in-lieu provision is that the funds collected do not <br /> begin to cover the cost of the park site, much less the facilities to be provided in association with <br /> the sites. <br /> Recreation <br /> Service Area <br /> 1 <br /> Boundaries <br /> LLegend: <br /> • Comnunity Park <br /> ■ District Park <br /> r a Comnunity Park Service <br /> Area Boundary <br /> i — Oistict Park Service <br /> Area Boundary <br /> • Municipalities <br /> Joint R"im Area <br /> 11i <br /> 'i <br /> Another aspect of the payment-in-lieu provisions which must be considered is the type of <br /> development from which payments are derived. In Orange County's jurisdiction, most new <br /> development (other than building on individual lots) occurs in the form of major or minor <br /> subdivisions. Minor subdivisions consist of land divisions of five lots or less, and, between 1986 <br /> and the end of FY 1994-95, 427 such divisions were approved involving 931 lots. In contrast, <br /> only 59 major subdivisions were approved. However, only slightly fewer lots were created - 782. <br /> For minor subdivisions, each division consisted of two lots with an average lot size of 3.5 acres. <br /> Major subdivisions consisted of 13 lots per division with an average lot size of 2.0 acres. <br />