§ 85-485. Zoning incentives.

In order to encourage development in accordance with this article, the Planning Board is authorized, as part of its site plan review, to grant zoning incentives, as set forth herein, for development that offers special identified public benefits.

A. 

The Planning Board is authorized to grant zoning incentives, including, but not limited to, increasing the FAR, reducing parking requirements or other land development standards as deemed appropriate for the development, dedication or contribution of one or more of the following:

(1) 

Public parking: municipal or public parking provided in addition to the minimum required on-site parking and excluding any fee paid in lieu of providing required on-site parking requirements.

(2) 

Sewage treatment plant capacity: the provision of additional sewer capacity, which is in excess of minimum, required on-site demand.

(3) 

Civic/Park space. The civic/park space incentives approved by the Planning Board shall include those types of parks and open space as set forth in the Main Street Business District Design Manual.

(4) 

Downtown infrastructure improvements: infrastructure improvements in the form of street furniture, lighting, pavers, plazas and related public amenities, which exceed the minimum Town requirements.

B. 

In order for the Planning Board to determine the request for the zoning incentive, the applicant(s)/owner(s) shall submit, at the time of site plan submission, the following information:

(1) 

The requested incentive.

(2) 

The economic value of the amenity to the public;

(3) 

A summary describing the benefits to be provided to the public by the proposed incentive; and

(4) 

Documentation to demonstrate that adequate facilities exist for the additional demand generated by the proposed zoning incentive.

(5) 

Any additional information as may be required by the Planning Board