PARKLAND 6.7.3.12 Where land in excess of the amount of land required for CREDIT SYSTEM dedication has been conveyed to the Municipality for Public Open Space proposes in association with a development Council may credit the excess to future development by the same owner or compensate the owner for the conveyance. 

EASEMENTS & MEDIANS 6.7.3.13 The Municipality may accept public access easements or medians at a 2 (casement/median) to 1 (standard parkland) conveyance ratio in lieu of all or part of the required parkland conveyance where the land proposed for conveyance meets the evaluation criteria established in policy 6.7.3.6. 

UNDEVELOPABLE LANDS 6.7.3.14 The Municipality may accept land located within a floodplain or other area unsuitable for development as a part of the required parkland conveyance provided such land is conveyed at a 2 (undevelopable land) to 1 (standard parkland) conveyance ratio. 

DISPOSITION OF PARKLAND 6.7.3.15 

Council may dispose of lands acquired for Public Open Space purposes having given consideration to the following: 

1. the adequacy of other Public Open Space within the area to serve the recreation and leisure needs of residents:
   
   
2. the ability of the Municipality to provide alternative or suitable Public Open Space in the event the standards are not met;
   
   
3. the suitability of the site for other land uses:
   
   
4. the environmental significance and ecological sensitivity of the site (refer to the Environment chapter);
   
   
5. public input;
   
   
6. any legal agreements. easements or covenants affecting the property; and
   
   
7. the historical significance of the Public Open Space. 

PROCEEDS FROM PARKLAND DISPOSITION 6.7.3.16 Where lands acquired for Public Open Space purposes are disposed of by the Municipality, any proceeds from such disposition shall be applied to the acquisition of Public Open Space in areas deficient in Public Open Space.