The developer of a townhouse dwelling project shall donate to the Township or other public or quasi-public body or homeowners' association, whichever shall be designated by the Mayor and Council, an amount of land within the project not less than 10% of the gross area of the tract. The Planning Board shall review and recommend to the Mayor and Council, which, in turn, shall specifically approve the open space land for dedication, the locations and proposed uses of land to be dedicated in accordance with the foregoing and as guided in its decisions by this section and the following:
(a) Lands to be dedicated shall be so located as to meet the needs of open spaces, parks, playgrounds, rights-of-way protecting major streams or open drainage ways or buffer areas as shown on the Master Plan or Official Map of the Township or to provide additional neighborhood area for recreational purposes. The Planning Board shall make certain that not only Township requirements shall be satisfied but that the dedicated area is so located as to meet any possible potential need of the neighborhood included in a development proposal being considered.
(b) The lands so dedicated shall include, wherever feasible, natural features such as streams, brooks, wooded areas, steep slopes and other natural features of scenic and conservation value. The developer may be required to plant trees or make other similar landscaping improvements in order to qualify open land for acceptance by the Township.