In the case of any planned development, the Planning Commission may recommend and the City Council may authorize exceptions to the applicable density regulations of this chapter within the boundaries of the development, providing that the Planning Commission shall find:
(A) The exception shall be solely for the purpose of promoting an integrated site plan no less beneficial to the residents or occupants of the development, as well as the neighboring property, than would be obtained under the bulk regulations of this chapter for buildings developed on separate zoning lots;
(B) Along the periphery of the planned developments, yards shall be provided as required by the regulations of the district in which the development is located; and
(C) A residential planned development, the maximum number of dwelling units permitted shall be determined by dividing the net development area by the minimum lot area per dwelling unit required by the district or districts in which the area is located and increasing the resulting figure by 15%. Net development area shall be determined by subtracting the area set aside for nonresidential uses from the gross development area and deducting 10% of the remainder for streets, regardless of the amount of land actually required for streets. The area of land set aside for common open space or recreational use may be included in determining the number of dwelling units permitted.
(Prior Code, § 11-805)