§ 153.0480 DENSITY BONUS.
   (A)   There are instances where it is in the best interests of the private landowner and the city to exceed the minimum requirements of this chapter. In such instances, the city’s interests in restricting density or imposing certain regulatory requirements can be offset by increases in open space, natural resources or the provision of affordable housing or certain amenities. Further, the system provides incentives to landowners while preserving the overall integrity of the Comprehensive Plan by providing uniform rules of general application for density increases. This system provides regulatory incentives while ensuring that regulatory modifications are not made solely and exclusively for the private benefit of the landowner.
   (B)   This division implements the following provisions:
      (1)   Develop ordinance revisions and development proposals that conserve energy and water, enhance the attractiveness of the area and protect valuable natural and cultural resources;
      (2)   Create a land exchange mechanism to acquire land for public purposes;
      (3)   Encourage a balance of new development and redevelopment; and
      (4)   Promote the provision of sound and affordable housing to all city residents.
(Ord. 3020, passed 9-10-2013, § 3.50)