For the purpose of this article, the following terms shall have the meanings indicated:
RESIDENTIAL DEVELOPMENTS
Except for construction permits for individual lots and subdivisions of four lots or fewer, any subdivision and site development plan designed for single-family condominiums, townhouses, manufactured housing, including mobile home parks, attached and semiattached units and garden apartments in any mixed-use development and in projects designed entirely for residential purposes. Any residential development as defined herein shall be subject to the requirements of this article.
The developer of a residential development, as defined herein, shall be required to dedicate and improve parkland or to make a cash contribution toward acquisition and development of recreation facilities located off site. Any lands proposed to be dedicated shall be subject to acceptance by the Township Council as to location, size and improvements. However, at a minimum, 75% of the acreage to be dedicated shall be developed for active recreation purposes. If the required dedication acreage is calculated to be less than 10 acres in size, the Township shall have the option of requiring a cash contribution in lieu of all or part of the required dedication. This option shall be exercised solely at the discretion of the Township Council when the acreage is less than 10 acres.
If the required dedication acreage is calculated to be 10 acres or more, 50% of the calculated acreage must be improved and dedicated to the Township. The Township Council shall have the option of substituting a cash contribution in lieu of up to 50% of the calculated acreage. The acreage required to be improved and dedicated shall be in parcels which are a minimum of five acres in size.
The following population multipliers shall be applied to the formula by residential unit type, as follows:
A. 
Single-family and duplex units: 3.2 persons per household.
B. 
All other residential units: 2.2 persons per household.
The acreage dedication and the improvement contribution equivalent shall be calculated by utilizing the National Recreation and Park Association standard of eight acres of developed parkland per 1,000 population. This standard results in a requirement of 0.008 acres per person. The acreage to be dedicated shall be determined by multiplying the number of units in the development by the per person household multipliers contained herein and by multiplying the resulting project population by the 0.008 per-person acreage standard.
If a developer proposes to make a cash contribution, in whole or in part, in lieu of dedicating improved parklands and said proposal is accepted by the Township Council, the contribution shall be calculated by multiplying the acreage for which a contribution is to be substituted times a cost of $40,000 per acre.
All residential developments which do not indicate a parkland dedication on the final site plan or final subdivision map shall be required to make the required cash contribution prior to receiving construction permits for in excess of 50% of the total residential units within the development. If a developer is required to dedicate and improve parkland, the Township shall only accept said parkland upon satisfactory completion of all improvements after inspection and approval thereof.
All residential developments which have not received site plan or final subdivision approval prior to the effective date of this article shall be subject to the requirements of this article.