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Ordinance for Sections 34-21 and 34-40 Planned Development - Mixed Use District, Page 8 of25 development may be limited to that which is established in the original residential district or which is consistent and compatible with nearby existing developed areas. Conversely, the density limits indicated in the district regulations may be exceeded on portions of the site within a "PD-R" district as long as the total site density limit is not exceeded. This is referred to as "density transfer." Additionally, the total site density may be exceeded up to a limit, upon conclusion ofthe plan commission and the council that the density bonus provisions contained in paragraph "c" below have been satisfied. This is referred to as "density bonus." b. Calculation of Density. (1) The computation of density shall be based on dwelling units per net acre for the entire site. (2) To compute the number of dwelling units per net acre, fifteen (15) percent of the gross acreage of the parcel shall be deducted and the net acreage divided by the lowest minimum lot size of the underlying residential district. (3) In situations where a proposed "PD-R" district overlaps two or three residential districts, density shall be calculated separately for the portions of the "PD-R" district in each of the original residential districts. c. Density Bonus. The plan commission may recommend and the city council may approve an increase in density within a "PD-R" district (up to a maximum of twenty (20) percent) which shall be based on the precepts listed below. The density bonuses shall be treated as additives and not compounded. Maximum Design Element Percentage Increase 10% A minimum of an additional five percent ofthe net development area devoted to common open space (above the minimum requirement) and improved with public pedestrian ways, bike paths, park land, swimming pools, tennis courts, community centers, club buildings, etc. K:\WPOFFICE\WPDATAIx-34-21 and 34-40 textamord.wpd