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d. Commercial and Industrial Zones. The amount of development transferred to the <br /> receiving lot shall not exceed that which can be accommodated by allowing an increase <br /> of permitted height on the receiving lot of not more than fifteen feet. All other <br /> requirements of the use zone in which the receiving lot is located shall be applicable to <br /> the transferred development. <br /> BE AND THE SAME IS HEREBY AMENDED TO READ AS FOLLOWS: <br /> 3. If a reasonable economic use of a lot cannot exist by means of either subsection <br /> D.1 or D.2 of this section, then the planning director is authorized, using the review <br /> process described in the City's Local Project Review Procedures Ordinance, to <br /> administratively grant a transfer of development rights in addition to subsections D.1 or <br /> D.2 of this section, or in lieu of them. For purposes of this section, "transfer of <br /> development rights (TDR)"means that the city severs the development rights from the <br /> fee interest and permits the owner of the restricted property to either transfer an <br /> authorized portion of the development rights in that property to another lot owned by the <br /> restricted party in accordance with the following provisions, or permits the owner of the <br /> restricted property to sell an authorized portion of the rights to owners of land who can <br /> use the authorized development rights in accordance with the following: <br /> a. R-S, R-1 and R-2 Zones: The number of dwelling units allowed under a <br /> reasonable use determination for any residential development may be transferred to an R- <br /> S, R-1 or R-2 zone provided that the number of dwelling units allowed to be transferred <br /> to the receiving site shall not exceed the lesser of: <br /> i. The number of dwelling units which the planning director determines to be the <br /> minimum necessary to allow for reasonable economic use of the restricted property, or <br /> ii. Twenty percent more dwelling units than would be permitted on the receiving site <br /> without the transfer of development rights. <br /> In approving a transfer of development rights to the receiving site in the R-S, R-1, or R-2 <br /> zone, the planning director shall have the authority to allow for a reduction of the <br /> minimum lot area allowed by the zone in which the receiving site is located by not more <br /> than twenty percent. All such lots shall have a minimum lot width of fifty feet. All <br /> dwelling units on such lots shall be single-family dwellings. <br /> b. R-1(A) and R-2(A) Zones. The amount of development transferred to the <br /> receiving lot shall not result in a development density which exceeds the maximum <br /> permitted in the use zone of the receiving lot without the transferred development by <br /> more than twenty-five percent. All other requirements of the use zone in which the <br /> receiving lot is located shall apply to the transferred development. <br /> c. Multiple-Family Zones. The amount of development transferred to the receiving <br /> lot shall be limited only by all other requirements of this title applicable to the use zone in <br /> which the receiving lot is located(building height, off-street parking, setbacks, multiple- <br /> family development standards, etc.), excluding maximum permitted density. <br /> d. Commercial and Industrial Zones. The amount of development transferred to the <br /> receiving lot shall not exceed that which can be accommodated by allowing an increase <br /> of permitted height on the receiving lot of not more than fifteen feet. All other <br /> requirements of the use zone in which the receiving lot is located shall be applicable to <br /> the transferred development. <br /> 37 <br />