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01/12/1999 10:02 4973210 ALBERTVILLEERT PAGE 02 <br /> (1) That yards, court areas, setbacks and other open space required to • <br /> be maintained by the zoning and buildi;lg regulations shall not be included <br /> in the computation of such private open space; and <br /> (2) That the private ownership and maintenance of the open space is <br /> adequately provided for by written agreement; and <br /> (3) • That the private open space is restricted for park, playground, trail, <br /> open space or recreational purposes by recorded covenants which run with <br /> the land in favor of the future owners of property within the tract and which <br /> cannot be eliminated without the consent of the City Council; and <br /> • (4) That the proposed private open space is reasonably adaptable for <br /> use for such purposes, taking into consideration such factors as size, shape, <br /> topography, vegetation, geology, access and location of the private open <br /> space land; and <br /> (5) That facilities proposed for such purposes are in substantial <br /> accordance with the provisions of the recreational element of the <br /> Comprehensive Plan or Comprehensive Park and Trail Plan, and are <br /> approved by the City Council; and <br /> (6) That where such credit is granted, the amount of credit shall not • <br /> exceed twenty-five (25) percent of the amount of dedication as calculated <br /> herein. <br /> (g) The City, upon consideration of the particular type of development, may <br /> require larger or Lasser parcels of land to be dedicated if the City determines that <br /> present or future residents would require greater or lesser land for park and <br /> playground purposes. In addition, the City Council may also require lots within the <br /> subdivision be held in escrow for future sale or development. The monies derived <br /> from the sale of escrowed lots will be used to develop facilities or to purchase park <br /> land in the future. <br /> ° (h) Residential Dedications. <br /> (1) Land shall be dedicated pursuant to the following schedule wherein <br /> density is calculated by considering the total gross acreage of the entire plat, <br /> subdivision or development being considered: <br /> Amended Ord. 1997-20, 15 December 1997 • <br /> 600-15 <br /> • <br />