A. Severable development rights are hereby created in the sending areas designated below.
B. All sending areas are assigned development rights at the following ratios:
Sending Area | Development Rights That May Be Transferred |
Clear zone, APZ I and APZ II of the airfield environs overlay district (AED) | 1 dwelling unit per gross acre and/or 0.15 floor area ratio |
For purposes of this subsection, "development right" refers solely and exclusively to development density or floor area that may be transferred for development on another site, lot, parcel, or portion thereof, and not to development rights within a sending area. Nothing in this subsection shall be construed to limit, waive, or exempt any development standards applicable to the airfield environs overlay district (AED), which standards shall remain in full force and effect within the sending area.
C. Documentation of compliance with the requirements for eligibility as a sending area shall be submitted with a master development plan requesting a rezoning to CIO. (Ord. 04-02, 1-6-2004)