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(a) Except for the floor area restricted to:
(1) workforce housing units under Section 59-C-5.474(b);
(2) moderately priced dwelling units under Section 59-C-5.474(a);
(3) hospitals, including the hospital’s accessory uses, other than medical office buildings;
(4) educational facilities for non-life sciences; and
(5) life sciences in excess of 50% of the project’s floor area under Section 59-C-5.321.
any floor area above an FAR of 0.50 must be supported through the purchase by the applicant of a BLT easement or through a contribution to the Agricultural Land Preservation Fund, under Chapter 2B, for purchase of a BLT easement on real property to preserve agricultural land in the County. One BLT easement must be purchased for each 72,000 gross square feet of residential floor area, or for each 60,000 gross square feet of non-residential floor area. If the floor area of life science uses is greater than 40% but less than 50% under Section 59-C-5.321, then one BLT easement must be purchased for every 120,000 square feet of the Life Sciences uses.
(b) If the applicant for development under the LSC zone cannot purchase an easement, or if the amount of density to be attributed to BLT easement is a fraction of the applicable floor area equivalent, the Planning Board must require the applicant to pay the Agricultural Land Preservation Fund an amount set annually by Executive Regulation.