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Ns Orrlinance. The form of the contribution, cash. or land (or any combination), shall be as provided by this section of . deternuneunt.equal to ten (10.00/") percent of the total acreage in the development or d by the City Council in an arrio ten (10.01116) percent of the pre-develaprnerit land value. 18.20.2 Subdivision of .land which has been .previously platted. and officially recorded and' which contains less than one (1) acre shall be exempt from dedication requirements. 18.20:3:Land to be dedicated for parks, playgrounds and public open.s.paces shall.be.rensonably suitable for its intended use and shall be at a.location convenient to the people to be served. Factors used in evaluating the adequacyof"proposed shape, topography, geology,. hydrology, tree cover, access and location. The park and recreation areas shall.include size, City Council,. at:ies discretion, may reject proffered lan& and mandate: monetarylCoatribution. 18.20.4 The Gear Lake Planrdng Commission :shall review all park land dedication proposals including the locationof land and the amount of land to be conveyed, or dedicated within. a.proposed.dewelopment or subdivision: Upon review, the Gem. Lake Planning Commission. shall recommend the. land dedication and cash contributionrequirements for proposed developments .or subdivisions, to the City Council. The enact amount of land or cash considerations to be dedicated shall be established by resolution of the City Council;:::;::::.'`::` 18.20.5 Land areas conveyed or dedicated to the City of: Gem Lake, as a park: or. recreation area, shall not be used. iw calculating the density requirements of the. Zoning Ordinance for the propased:cle�el4pment. or subdivision, and shall be in addition to.and not in lieu of open space requirements £or Planned Unit De3gprrients. 18:20:b. Where.: private open space for. -park. and recreatlonal. purP,Uss Is provided fOr:.in a proposed..:development, subdivision or Planned Unit Development: and such space is to;'be `ptiyately .owned ard:`sinaintained by the future residents of the subdivision or PUD ,. such aceas:inay be used for'c edit at the discretion of.the City Council. against the requirement for dedication for park and. re�eation purposes; providing the City Council finds it,is in the public interest to do .so .and that the followingstaadards. ar& met: A The ands couit areas ;setbacks and other open space=required to.i�e maintained by the zoning and building. } yards, regulations shall dot ire included.in the computati¢ri: of sucli;,," to open spaces and B} That the pulilic'`ownership:'arid maintenance. of the open space is adequately provided. for by written agreements,. and C) I hat the public open spac6s resttiicted £or pack and recreational purposes y recordedcovenants which run. with the land in favor: of the £utiure owners of property �virhin the tract and which cannot be eliniinated without tlie;consent of the Cik}*; Council, and :. D.) That the. proposed private .open space: is reasonably adaptable for use fox .park. and recieatiai-is. purposes, taking.into:to..nsideration sucY' factors as: size, shape,. topography, hydrological conditions, geology, access and location of pri�ate open space lands, .and E} That facilities `proposed' for the open space :are. in substantial accordance with the. provisions of the recreational. element of;tFie. comprehensive plan, and are approved by the City Council, and F) That where such credit.is granted, the amount of credit shall not exceed forty(40:0°/0) percent of the park dedication requirements for the.development. 19.20.7 The City of Gem Lake shall maintain .a separate fund into which all Gash contributions received in lieu of conveyance. or dedication of landfor park and playground, public. open spaceor trail purposes shall be deposited and shall make, from time to 6xne, appropriations from such fund for acquisition of land for park and playground purposes, for developing existing park and playground sites, for public open space and trails, or for debtretirement in. connection with land previously acquired for parks and playgrounds which benefit the residents of. the City. ] 8.20. $ If a developer.or subdivider is unwilling or unable to make a commitment to the City of Gem Lake as. to the( type of buildings that will be constructed on lots in the proposed: plat, then. the land and cash requirement will be a. reasonable: amount as determined by the City .Council. Updated March.14, 201.7 Gem Lake Consolidated Land Use Grdinarrce Page 11 .