Initiation and Approval. The City Manager or his/her designee shall develop, and is authorized to enter into an implementation agreement, or similar document ("implementation agreement"), with the Solano Land Trust, or if the Solano Land Trust does not participate in the preparation of the implementation agreement after good faith efforts by City, another non-profit entity with expertise in the preservation of agricultural and habitat lands and that is qualified to hold conservation easements (the "management entity"). Thereafter, the implementation agreement and amount of in-lieu fees shall be reviewed and when appropriate, updated by the City Council at a minimum every three years.