As used in this Chapter, the following terms are defined in this Section:
A. “Average Population per Dwelling Unit” means 3.70 residents per dwelling unit as based on the most recent data available in the form of the federal and state census and study on the population density in the City.
B. “Fair Market Value” means the market value of the land as determined by staff of the City, and approved by the Planning Commission or City Council, prior to the approval of the tentative map. If the subdivider objects to such a valuation, the subdivider, at its own expense, may obtain an appraisal of the property by a qualified real estate appraiser approved by the City, whose appraisal may be accepted by the City if found reasonable. Fair market value may be determined by mutual agreement of City and subdivider; however, any and all decisions of the City as to fair market value shall be final and conclusive;
C. “Number of Dwelling Units” means the number of dwelling units as determined by the City based upon the number of units allowed pursuant to the standards of the Development Code of the City or as otherwise specified by the City on the property included in the subdivision at the time the tentative map is filed with the City Council for approval;
D. “Planned Park Land Density per One Thousand (1,000) Population” shall be equal to three (3) acres of park property per one thousand (1,000) population of persons residing within the City, as determined by the standards of the recreation element of the General Plan of the City.