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4 <br /> f <br /> payment in lieu as determined above is larger than the credit amount, the <br /> subdivider shall pay the difference between the two amounts. If the credit <br /> amount is larger than the total payment in lieu as determined above, no <br /> additional payment in lieu is required. However, the subdivider may not transfer <br /> the excess credit from one subdivision to another. <br /> Upon approval by the Board of Commissioners, payment in lieu of dedication <br /> shall be made at the time of final subdivision plan approval or within one (1)year <br /> of approval of the preliminary subdivision plan, whichever occurs first. All <br /> moneys received by Orange County pursuant to these requirements shall be used <br /> only for the acquisition and development of recreation, parr and open space sites <br /> to serve the residents of the development and the residents of the immediate <br /> neighborhood within which the development is located. The Board of <br /> Commissioners shall also have the authority to sell land dedicated pursuant to <br /> these provisions with the proceeds of any such sale used solely for the acquisition <br /> of other recreation, park or open space sites within the immediate neighborhood <br /> within which the development is located. <br /> Public Hearing Comments <br /> Commissioner Crowther requested that the Master Recreation & Parks Plan be <br /> updated and that a goal statement to that effect be included for consideration as <br /> part of the Commissioners' Goals and Objectives for FY 1996-97. A draft goal <br /> statement has been prepared and submitted to the County Manager's office for <br /> distribution to the Board of Commissioners with other goal statements. A copy <br /> of the draft goal statement is provided as an attachment. <br /> Patrick Mulkey, a member of the Recreation & Parks Advisory Council, <br /> requested that the Master Recreation & Parks Plan be updated before any action <br /> is taken on the proposed amendments. He also requested that the update be <br /> prepared in-house as opposed to employing an outside consultant. <br /> Recreation & Parks Advisory Council Recommendation <br /> At its March 5, 1996 meeting, the Recreation & Parks Advisory Council voted <br /> to recommend that the service area approach for payment-n-lieu be adopted; <br /> e.g., $422 per lot for subdivisions within a community park service area and <br /> $455 per lot for subdivisions located within a district park service area. The <br /> Advisory Council also voted to recommend that the land dedication requirement <br /> be set no lower than 1/57th of an acre per lot. The vote was 6-1 (see attached <br /> 3/18/96 memorandum from Lorraine Parker, Chair of the Recreation & Parks <br /> Advisory Council). <br /> Planning Board Recommendation <br /> At its March 18, 1996 meeting, the Planning Board voted 8-2 to table this item. <br /> The Planning Board generally felt that if the payment-in-lieu proposal was to be <br />