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a General Plan with a park & recreation element, to require dedication of park land or fees in lieu thereof, as a condition to the approval of a. subdivision, since Redwood City has not yet adopted a general plan, any park dedications on the part of subdividers at this time, are necessarily voluntary. He reported on the many meetings and lengthy negotiations with the property owners on Redwood Shores, in order to establish a. firm policy prior to the acceptance of the first subdivision map by the Planning Commission and Council. The Committee report by its nature and thoroughness being lengthy, Council discussed the desirability of having it read in full for the information of the public; Councilman Keckley read his report in full, concluding with the following recommendations: 1. Leslie Properties, Inc., will dedicate without compensation one-quarter (1/4) acre of land per one hundred (100) antici- pated population in each residential subdivision developed by it within the City of Redwood City as a condition to the approval of the final subdivision map. Anticipated population densities shall be based upon the housing mix proposed for the particular subdivision by the final map with average family sizes derived from the last U. S. decennial census and approved by City and Leslie Properties. Dedication shall be without warranty by separate conveyance. 2. Land so dedicated shall be improved and maintained for park and recreational use by the City. Landscaping shall be completed within one (1) year from conveyance and final development of all other facilities shall be completed in accordance with the plans therefor within three (3) years from conveyance. If the land is not improved within such time schedule or if the land is subse- quently utilized for some other purpose, it shall, at the elec- tion of Leslie Properties, revert to Leslie Properties. Improve- ment costs shall be borne by G.I.D. 1-64 and maintenance costs shall be borne by the City. 3. In the event that the public interest requires the acquisition of additional land from Leslie Properties for G.I.D. 1-64 park or recreational use, Leslie Properties shall sell the same to the City at its fair market value or, at the option of the City, at the cost of such land to Leslie Properties plus the cost of reclamation and drainage work attributable to such property. Such conveyances shall be made subject to the condition that the land be improved and utilized for park or recreational use within three (3) years and limited to such use or revert to Leslie Properties on demand and repayment of the purchase price. 4. In the event any particular subdivision includes private or common park or recreation open space as part of an approved planned devel- opment, such space shall be credited against and reduce the require- ments for dedication. 5. In the event morepark land is dedicated for any subdivision than is required by the terms of this policy a credit shall be given in favor of future subdivisions and, conversely, in the event less land is so dedicated, the balance shall be provided by succeeding subdivisions. 6. Upon approval of the estimated amount, which approval will not be unreasonably withheld, Leslie Properties shall consent to and vote in favor of an additional bond issue by G.I.D. 1-64 for the acquisition and improvement of park and recreational facilities located and designed for the use of such facilities by the future residents of the district. 7. The above policy shall be subject to the following conditions: (a.) The policy is applicable only to G.I.D. 1-64 park requirements for the use of the future residents of the subdivisions situate in the district and shall not be utilized to satisfy the re- quirements for community, city-wide or regional parks; (b) This policy shall be in lieu of and shall replace all prior or subsequent commitments or obligations of Leslie Properties, Inc. concerning the dedication, payment, grant or gift of land, money or services for park or recreational purposes except any possible future requirements of public agencies other than the City or GID 1-64. (c) The policy shall be effective at such time as it is approved as a firm and permanent policy by the City. 219 W11 •07