1. for residential development or redevelopment the conveyance shall be 5 percent of the land proposed for development or redevelopment where the gross density is less than 20 units per hectare and 1 hectare per 300 dwelling units of development or redevelopment where the gross density is 20 units per hectare or greater to a maximum of 25 percent of the site area; 
   
   
2. for industrial or commercial development or redevelopment the conveyance shall be 2 percent of the land proposed for development or redevelopment; and 
   
   
3. for mixed-use development or re-development, the conveyance shall be calculated according to the 2 percent and 5 percent of the land area as assigned above. 

PAYMENT-IN-LIEU 6,7.3.11 Council will only accept payment-in-lieu of all or part of the required parkland conveyance where: 

1. the area in which the conveyance was to have been made has sufficient Public Open Space in the adjacent area to accommodate the development: or
   
   
2. the land required to be conveyed is too small for Public Open Space, not feasible for expansion and/or not suitable for sale or exchange at a later date for Public Open Space of an appropriate configuration or location: or
   
   
3. the required conveyance of land would render the remainder of the site unsuitable or impractical for development.