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Staff report DATE:October 26, 2015TO:Chair and Directors Electoral Areas Services CommitteeFROM:Debra Oak man, CPA, CMA Chief Administrative Officer RE:Cashinlieu of parkland dedication for a proposed
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Determine if cash-in-lieu of parkland dedication is allowed in the specified jurisdiction.
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Who needs cash-in-lieu of parkland dedication?

01
Developers or property owners who are unable or unwilling to provide parkland dedication on their own property.
02
Individuals or organizations involved in development projects that require a certain amount of parkland dedication but are unable to meet this requirement due to site constraints.
03
Projects where the provision of cash-in-lieu of parkland dedication is permitted by the local planning or zoning regulations.
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Cash-in-lieu of parkland dedication is a monetary payment made by developers or property owners to a local government in order to compensate for the requirement to dedicate land for parkland as part of the development process.
Developers or property owners who are seeking to develop property and are unable to or choose not to dedicate land for park purposes are typically required to file cash-in-lieu of parkland dedication.
To fill out cash-in-lieu of parkland dedication, one must complete a specific application form provided by the local government, which may include details of the development, the amount of cash to be contributed, and any relevant project information.
The purpose of cash-in-lieu of parkland dedication is to provide municipalities with funds that can be used to create or improve public parks and recreational facilities when onsite parkland dedication is not feasible.
The information that must be reported generally includes the total number of dwelling units or lots being created, the valuation of land or payment amount, project location, and any relevant compliance documentation.
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