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Development in the overlay zone may proceed under one of the following options:
(a) Underlying zone standards. Except as modified by this overlay zone, development may proceed under the standards of the underlying CBD Zone, in accordance with Section 59-C-6.23.
(b) Any building constructed that satisfies a project plan or site plan approved under this section is a conforming structure and may be repaired or reconstructed under the conditions of the approved project plan or site plan.
(c) Any building for which a valid building permit was issued before February 1, 2000 is a conforming building and may be altered, repaired, or reconstructed under the standards of the zone in effect when the building was constructed, except:
(1) If the building exceeds the standards of the underlying zone, any alteration, repair, or reconstruction of the building must not increase the gross floor area or the height of the building above that which existed on February 1, 2000; or
(2) If the building does not exceed the standards of the underlying zone, any alteration, repair, or reconstruction of the building must conform to the standards of the underlying zone, except as may be further modified by the Ripley/South Silver Spring Overlay Zone.