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Draft
<br /> 4/ 28/ 99
<br /> § 153A - 331 - County Subdivision Ordinance Provision providing for
<br /> dedication/ Payment - In - lieu
<br /> A subdivision control ordinance may provide that a developer may provide funds to the
<br /> county whereby the county may acquire recreational land or areas to serve the
<br /> development or subdivision, including the purchase of land which may be used to serve
<br /> more than one subdivision or development within the immediate area.
<br /> § 160A - 372 - City/Town Subdivision Ordinance Provision providing for
<br /> dedication/ Payment - In - lieu
<br /> The ordinance may provide that a developer may provide funds to the city whereby the
<br /> city may acquire recreational land or_ areas to serve the development or subdivision,
<br /> including the purchase of land which may be used to serve more than one subdivision or
<br /> development within the immediate area. All funds received by the city pursuant to this
<br /> paragraph shall be used only for the acquisition or development of recreation, parr or
<br /> open space sites. Any formula enacted to determine the amount of funds that are to be
<br /> I Is
<br /> provided under this paragraph shall be' based on the value of the development or
<br /> subdivision for property tax purposes. The ordinance may allow a combination or
<br /> partial payment of funds and partial dedication of land when the governing body of the
<br /> city determines that this combination is in the best interests of the citizens of the area to
<br /> be served
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<br /> Orange County Yes Zone Map . $ 422 or $ 455 per
<br /> lot-
<br /> Ca rrboro Yes Points System $ 852 . 63 to
<br /> $ 1 , 695 . 21 per
<br /> dwelling unit
<br /> Chapel Hill Yes Fair Market Value Cost negotiated
<br /> with the
<br /> developer with
<br /> Planning &
<br /> Recreation
<br /> Departments
<br /> based upon the
<br /> town 's
<br /> Community
<br /> Facilities , Report
<br /> Hillsborough �. Yes Fair Market Value 1 / 35 acre or 1 / 20
<br /> acre per dwelling
<br /> ( and /or business )
<br /> unit
<br /> 32
<br />
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