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Council-approved Public Land Dedication ordinance offers cash-in-lieu option and income-aligned reductions
Summary
Staff summarized the recently Council-approved Public Land Dedication (PLD) ordinance: developers must dedicate land or provide cash-in-lieu based on recent land-sale averages (updated biennially); the ordinance includes reduced PLD requirements for income-aligned housing and restricts cash-in-lieu funds to land acquisition, trails or open-space/park improvements.
Open Space and Trails Manager Bob Woods briefed the committee on the Public Land Dedication (PLD) ordinance recently approved by City Council. The ordinance requires new residential developments to dedicate a portion of land for recreational, natural, or outdoor use; when developers cannot dedicate land, they may pay a cash-in-lieu amount calculated from the average price of recent land sales.
Bob said the ordinance includes reduced PLD requirements for income-aligned units intended to encourage affordable housing. He emphasized that cash-in-lieu funds are restricted for use only on land acquisition, trails, or improvements to existing open spaces or parks, and that the cash-in-lieu rate will be updated every two years.
