It is the intent of the Town Board to require the provision of parkland and recreation land in conjunction with the granting of site development plan approval for multifamily uses in all zoning districts of the Town of North Castle where such uses are permitted. The Town of North Castle finds that multifamily housing places an added burden on the Town of North Castle in regard to providing adequate park and recreation areas to service the needs of the inhabitants of such housing. In the event that it is not practical, in the opinion of the Planning Board, for a particular development to provide park and recreation areas adequate to service all of those needs, then such housing shall be required to pay funds to the town so that it can provide for these added needs as it is in the best interests of the town and future inhabitants.