§ 38-558. Density credit.

(a)

The developer may offer to dedicate land within Orange County for specified public purpose, including, but not limited to, parks, schools, fire stations, utility plants, etc. Acceptance of such offers shall be discretionary with the board of county commissioners.

(b)

If the offer of dedication is accepted, the development shall transfer the density from the dedicated property to the development plus a sixty (60) percent credit from the property being dedicated. The allowable density on the property being dedicated shall be the same as the property being developed.

(c)

The applicant may opt to pay into an Orange County Parks and Recreation Department parks fund in lieu of dedication of property. The payment in lieu of dedication shall be equal to the market value of at least 5 acres of unimproved, developable land in the subdivision. The applicant shall transfer the density for payment plus a sixty (60) percent density credit for the payment in lieu of dedication. The value of the payment in lieu of dedication shall be based upon a valid appraisal of the property as approved by Orange County. Such payment in lieu of dedication is subject to approval by the parks and recreation department and the board of county commissioners.

(Ord. No. 97-03, § 9, 2-25-97)

(P & Z Res., art. XXXVI, § 8; Ord. No. 91-29, § 2(Exh. A), 12-10-91; Ord. No. 98-37, § 10, 12-15-98)