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common open space requirements in the PD district, as so amended shall read as follows: <br /> <br />(Section 34.40.07 Density and dimensional regulations and performance <br />standards). <br /> <br />3. Planned Development-Residential (PD-R). <br /> <br />a. Density. The density of residential development shall be consistent with <br />the proposed type of residential district(s) (in other words if the proposed use is <br />multi-family residential dwellings, density shall not exceed the regulations of the <br />"MR" - Multi-family Residential District); provided however, that the density of a <br />planned development may be limited to that which is established in the original <br />residential district or which is established in nearby existing developed areas, after <br />due consideration of factors of consistency and/or compatibility. <br /> The density limits indicated in the district regulations may be exceeded on <br />portions of the site within a "PD-R" district as long as the total site density limit is <br />not exceeded. This is referred to as "density transfer." Additionally, the total site <br />density may be exceeded up to a limit, upon conclusion of the plan commission <br />and the council that the density bonus provisions contained in paragraph "c" <br />below have been satisfied. This is referred to as "density bonus." <br /> <br />b. Calculation of Density. <br />(1) The computation of density shall be based on dwelling units per net acre <br />for the entire site. <br />(2) To compute the number of dwelling units per net acre, fifteen (15) percent <br />of the gross acreage of the parcel shall be deducted and the net acreage divided by <br />the lowest minimum lot size of the underlying residential district. <br /> <br />c. Density Bonus. The plan commission may recommend and the city council may <br />approve an increase in density within a "PD-R" district (up to a maximum of <br />twenty (20) percent) which shall be based on the precepts listed below. The <br />density bonuses shall be treated as additives and not compounded. <br /> <br />If density bonuses (increases) are requested under this section, the applicant shall <br />document all site amenities or improvements for the city's review and <br />consideration. <br /> <br />Maximum <br />Percentage <br />Increase <br /> <br />Design Element <br /> <br />K: I WPOFFICEl WPDA TA kx-3 4-40-0 7 & 3 4- 5 7-4. textamord.foh, wpd <br /> <br /> <br />