§ 4.16.130. Subdivision ordinance park in-lieu fees fund.

Latest version.

A.

In addition to all other accumulative capital funds provided for in this chapter, there is created a fund to be known as the "accumulative capital outlay fund—subdivision ordinance park in-lieu fees."

B.

Any money received by the county under the provisions of Section 181 of Ordinance 4478, the subdivision ordinance, which are fees paid in lieu of the park dedication requirement of said ordinance, shall be deposited in the accumulative capital outlay fund-subdivision ordinance park in-lieu fees, and shall be used exclusively for the acquisition, development or improvement of local park land for the subdivision for which the fees are paid in lieu of dedication.

(Ord. 10893 § 1, 1974: Ord. 4927 § 15, 1947.)

                    
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