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Ordinance 2010-010 pathway, and open space requirement. The park dedication requirement shall be based on the total acreage of former TCAAP property made available for sale by the General Service Administration, on behalf of the United States Army. The area made available for sale may exceed the combined area of the Mixed Business and Mixed Residential Zoning Districts. The park dedication requirement shall be as follows based on the total sale area: Park Dedication Requirement Total Sale Acres Park Dedication Requirement up to 450 10% 450-469 14% 470-489 17% 490-509 21 % 510-529 24% 530-549 27% 550-584 30% 585+ 34% In lieu of the dedication of the land for recreational purposes, the City Council may require the developer to pay to the City, as an equivalent contribution, an amount in cash equal to the percentage of the land required to be dedicated, multiplied by the fair market value of land remediated to MPCA Tier II Residential SRV. The park dedication may be divided between a land dedication and cash contribution at the discretion of the City. B. Park, Recreation, Pathway and Open Space Plan. A park, recreation, and open space plan shall be prepared to serve the needs of the development, including a capital improvement plan and maintenance costs. The amenities within the plan shall be incorporated into the MR and MB areas to meet the needs of the development. 1. The plan shall include at least one central community park of 20 acres with the following features: a. A water feature designed to hold standing water, which may also be used for stormwater management at the discretion of the City. b. At the ordinary water level of the water feature, it shall occupy at least twenty-five (25%) percent of the total area of the park but shall not exceed fifty (50%) percent of the total area of the park. c. A continuous system of publicly accessible trails shall occupy the perimeter of the park and water feature. DRAFT: 1/5/2011 Page 42 of 51