§ 200-5. Recreation fund fees.

A. 

Approval of all development subject to site plan review or subdivision approval for all subdivisions which would result in the creation of three or more lots shall be conditioned upon payment by the applicant of a recreation fee to a Village Recreation Fund which may be established by the Board of Trustees. The purpose of the Village Recreation Fund shall be for the acquisition and improvement, but not maintenance, of recreation space and facilities, including but not limited to parks and other passive recreation facilities, throughout the Village of Sleepy Hollow.

B. 

Amount.

(1) 

In all residential development, the recreation fee shall be based upon the number of dwelling units or potential dwelling units which could be placed upon the site in accordance with maximum density provisions, as determined by the Planning Board, of the particular district or districts within which the site is located.

(2) 

In all nonresidential development, the recreation fee shall be based upon the number of parking spaces required.

(3) 

The monetary amount per dwelling unit for residential development and per parking space for nonresidential development shall be as determined and maintained in the Village fee schedule as may be defined and established from time to time by the Board of Trustees.

C. 

An applicant shall have the option of offering the dedication of land for public recreation purposes in lieu of payment of the recreation fee. Acceptance of any land offering by an applicant shall be at the discretion of the Board of Trustees. In coming to a determination regarding the acceptance of land proposed by an applicant for public recreation, the Board of Trustees shall first request a recommendation from the Planning Board, but shall not be bound by the Planning Board recommendation in its ultimate decision.