(A) Credit for undevelopable lands. When land to be developed includes wetlands, the developer thereof may receive a credit for the undevelopable portion of the wetland, either:
(1) Toward the dedication of land requirements under § 158.061 of this code of ordinances not exceeding the amount of the developable lands in the development proposal;
(2) The development may be intensified so as not to exceed twice the allowable land use densities prescribed under Ch. 158 and 160 of this code of ordinances; provided, however, that the intensified land use must be consistent with street dedication dimensions, parking requirements and screening, fencing and landscaping regulations of the city;
(3) The building square footage requirements of the municipal code may be intensified, but not to exceed 5%; or
(4) Any combination of divisions (A)(1), (A)(2) and (A)(3) above as agreed upon by developer and city, keeping in mind that the public health, safety and welfare of the community is paramount.
(B) Conveyance of lands. Upon receipt of any of the credits herein, the developer shall convey any wetlands designated by this chapter, for which a credit has been given, to and may be accepted by the city free and clear of all encumbrances.
(Prior Code, § 1010.10) (Ord. 505, passed 04-27-1992)