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1991-03 Public Sites & Open Spaces' ORDINANCE NO. 3-91 AN ORDINANCE OF THS VILLAGE OF NORTH PALM BEACH, FLORIDA, AMBNDING SECTION 36-23 ENTITLED "PUBLIC SITES AND OPEN SPACES" OR ARTICLE III OF APPENDIX B-SUBDIVISION OF THS CODS OF ORDINANCES OF THB VILLAGE BY ADDING A PARAGRAPH THBRSTO PROVIDING THAT A CASH CONTRIBUTION IN LIEU OF LAND SHALL BS PLACED IN A SPECIALLY DESIGNATED FUND WITH EXPENDITURES OF SAID FUNDS TO BE UTILIZED SOLELY FOR ACQUISITION OF IMPROVED AND UNIMPROVED LAND FOR PARKS AND RECREATION AND FOR CONSTRUCTION OF CAPITAL FACILITIES ON LANDS OWNED AND UTILIZED BY THE VILLAGE FOR PARKS AND RECREATION; PROVIDING FOR THE REPEAL OF ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND, PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THB VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. Section 36-23 entitled "Public sites and open Spaces" of Article III of Appendix B-Subdivisions of the Code of Ordinances of the Village is hereby amended by addition of the following paragraph: "if the Village Council elects to require a Developer to pay in cash an amount equal to the fair market value of the required land, such cash contribution shall be placed ' in a specially designated fund with expenditures of said funds to be utilized solely for acquisition of improved and unimproved land for parka and recreation and for construction of capital facilities on lands owned and utilized by the Village for parks and recreation." Section 2. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. Section 3. This Ordinance shall take effect immediately upon passage. PLACED ON FIRST READING THIS 10TH DAY OF JANUARY, 1991. PLACED ON SECOND, FINAL READING AND PASSED THIS 24TH DAY OF JANUARY, 1991. L/~~~~ ~Ys~iy/~I ~ ~1 d Mayor ATTEST: Village Clerk