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ORDINANCE NO. NS-1195 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ESTABLISHING REGULATIONS FOR DEDICATION OF LAND, PAYMENT OF FEES, OR BOTH FOR PARK AND RECREATIONAL LAND, BY ADDING ARTICLE VIII ENTITLED "REGULATIONS FOR DEDICATION OF LAND, PAYMENT OF FEES, OR BOTH FOR PARK AND RECREATIONAL LAND," TO CHAPTER 34 ENTITLED "SUBDIVISIONS." SECTION l: The Santa Ana Municipal Code is hereby amended by adding an article to Chapter 34 to be numbered Chapter 34, Article VIII, consisting of Sections 34-200 through 34-214. Sec. 34-200. Purpose. This article is enacted pursuant to the authority granted by Sections 11510 and 11546 of the Business and Pro- fessions Code of the State of California. The park and re- creational facilities for which dedication of land and/or the payment of a fee is required by this article are in accordance with the Open Space element of the general plan of the City of Santa Ana as adopted by the City of Santa Ana on November 18, 1973 and as amended hereafter from time to time. Sec. 34-201. Requirements. As a condition of approval of final subdivision map, the subdivider shall dedicate land, pay a fee in lieu thereof, or both, at the option of the City, for park and recreational purposes at the time and according to the standards and formu- la contained in this Article. Sec. 34-202. General Standard. It is hereby found and determined that the public interest, convenience, health, welfare and safety require that two (2) acres of property for each thousand persons residing within this city and as may be amended hereafter from time to time be devoted to local park and recreational purposes. Sec. 34-203. Definitions. shall have the meanings assigned specifically provided otherwise. The words used in this Article to them in this section unless a. Fair Market Value. "Fair Market Value" shall be: (1) The value of the property based upon the assessed value at the time of the filing of the final map modified to equal market value in accordance with current practices of the County Assessor or, (2) If either the subdivider or the city objects to such valuation either, or both may, at its own expense, obtain an appraisal of the property by a qualified real estate apprai- ser. Said appraiser is to be approved by the City Council, which appraisal may be accepted by the City Council as "Fair Market Value" if found by the City Council to be reasonable.