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-51- <br />development site plan or final plat, or to refuse same, , <br />after consideration of the recommendation of the department • <br />regarding said proposed park land dedication, and to require <br />the payment of cash in lieu of land in the amount set <br />forth in Section 12.05 b, if the approving authority deter- <br />mines that sufficient park area is already in the public <br />domain (in accordance with the objectives established for <br />open space and parks set forth in the City's Comprehensive <br />Plan) in the area of the proposed development or subdivision, <br />or if the obj ectives of the Comprehensive Plan regarding <br />parks and open space would be better served by expanding <br />or improving existing parks or open space areas. <br />12.05 Money in Lieu of Land <br />Subject to veto of the approving authority, a subdivider or • <br />developer responsible for park land dedication according to <br />the terms of this Ordinance may elect to meet the requirements <br />for park land dedication set forth above in whole or in part <br />by a cash payment to the City in lieu of land, in an amount <br />set forth in Section 12.05 b. below. Such payment in~ lieu <br />of land shall be made at or prior to the time of final <br />plat or development site plan approval by the approving <br />authority. <br />A. The City may from time to time decide to <br />purchase land for parks in or near the area <br />of actual or potential development or sub- <br />division activity. If the City does purchase <br />park land in a park zone (defined below) <br />subsequent park land dedications for that zone <br />• <br />