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Res 395 1/25/1960RESOLUTION NO. 395 DECLARATION OF POLICY CONCERNING PARK LAND IN CONNECTION WITH PLATS AND SUBDIVISIONS. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS: THAT from and after this date before any plat and subdivision shall be approved by the Board of Aldermen of the City of Wichita Falls for fil- ing of record , the same shall meet the following requirements with refer- ence to parks and/or playgrounds in each plat or subdivision: SECTION I. AMOUNT OF LAND TO BE SET ASIDE FOR PARK USE For each thirty (30 ) units to be built in the area platted there shall be one ( 1 ) acre of land set aside for park use. This land should be centrally located so that when practical all family units in the platted area will be within one quarter mile of the park. SECTION II. CONDITIONS UNDER WHICH CASH MAY BE CONTRIBUTED IN LIEU OF LAND In the event the subdivision will contain less than thirty (30) units , subdividers may make a cash contribution in lieu of' said land . A cash con- tribution in lieu of a Park Reservation may be accepted , at the option of' the City , when adequate park area exists in the vicinity of the sub-division, when the park reservation would be too small to be usable, when the park re- servation cannot be added to an existing park. area or school site, or when a park reservation cannot be arranged to confdrm with the Master Park Plan. The amount of cash to be contributed in such cases shall be based on the current market value of the land in the area to be subdivided and shall be based on the amount of land required in Section 1 above. The Chairman of the Park Board of the City of Wichita Falls , the Director of Parks and Re- creation, the City Attorney and the City Tax Collector and Assessor shall negotiate with the owner or subdivider to establish the current market value. SECTION III. CREDIT FOR SCHOOL LAND Land donated for school sites by the subdivider or owner shall fill this requirement for park land , provided the land is adaptable for such pur- pose, and is acceptable to the City of Wichita Falls . SECTION IV. TITLE TO PARK LAND The City will accept title to said land provided that there is no reversionary clause for a period longer than twenty (20 ) years . This resolution is passed for the purpose of setting a definite policy on the dedication of' park land , and this resolution is furnished for the gui- dance the Engineering Department and the Parks and Recreation DepartmentdancePgg of' the City of Wichita Falls , and both of such departments shall approve by its agents all plats or subdivisions before the same is presented to the Board of Aldermen for its approval. PASSED AND APPROVED this 25 day of January , 1960. MA R PRO TEM ATTEST: 1St Geo. . Henderson, - ' ty erk s r i) e