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Subdivision- Design Standards § 9.50.30 the fair market value. If agreement is not reached in this manner, then fair market value shall be determined in accordance with the following: The fair market value as determined by the City Council based upon appraisals, accepted purchase agreements, comparable market transactions or other pertinent records as determined by the City Council. The City Council, upon review and recommendation of the Park and Recreation Commission shall annually determine by resolution the park and dedication fee per residential unit. If, at the option of the City Council it is determined that a cash dedication shall be made, said cash shall be placed in a special fund for Parks and Recreation use and deposited by the developer with the City prior to final plat approval. Subd. 7. Combination of land dedication and cash payment. In appropriate plats, a combination of land and cash may be required by the City Council. In the event a combination of land and cash is required, the amount of land to be dedicated shall be credited against the total park dedication requirement and the remaining cash contribution shall be based on the greater of the specified cash contribution per dwelling unit or the fair market value of the land. When determining the cash contribution for the remaining acreage, the overall density of the plat shall be the basis for determining the potential number of dwelling units per acre. Subd. 8, Scenic easements, tn appropriate plats, as determined by agreement between the City Council and the subdivider, the subdivider may dedicate to the public a scenic easement in combination with the requirements of {}9.50.37 Subd. 2 and 3 above or, if the subdivider and City Council agree, the scenic easement dedication may be in lieu of up to 25% of the requirements in {}9.50.37 Subd. 2 and 3 above. Subd. 9. Required improvements. Subdividers shall be responsible for making certain improvements to the parkland they dedicate within their development for park, playground and public open space purposes as follows: a. Provide finish ~ading and turf establishment for ali park, playground, trail and public open spaces and provide landscape screening in accordance with City Policy. b ...... ~ ...... ,~,~.onstruct and pave trails which are identified '- Tra/l Co,w/der Plan b_Ll the City as accessible bikeway/walkway trails in accordance with City Standards concurrently with the roads in ~heir developments (i.e., grading with site grading and paving with street or parking lot