30.42B.040 Unit yield and bonus.
(1) For all PRDs, except retirement apartment and retirement housing PRDs, the maximum number of dwelling units permissible shall be 150 percent of the maximum number of dwelling units permitted by the underlying zone as determined in subsection (2) of this section, except that existing dwelling units may be retained as part of new development without counting towards the maximum number of new units.
(2) The maximum number of dwelling units permitted in a PRD shall be computed as follows:
(b) Divide the site area by the minimum lot area permitted by the underlying zone, or where LDMR and MR standards apply, by 4,000 square feet and 2,000 square feet respectively. For retirement apartment PRDs and retirement housing PRDs in the LDMR zone divide by 4,000 square feet and in the MR zone and commercial zones divide by 2,000 square feet.
(c) Multiply the resulting number of dwelling units from subsection (2)(b) of this section by 2.2 for retirement housing PRDs, 1.54 for retirement apartment PRDs, and 1.5 for all other PRDs.
(3) Whenever the calculated number of dwelling units results in a fractional equivalent of five-tenths or greater, the fraction shall be rounded up to the next whole number. Fractions of less than five-tenths shall be rounded down. (Added by Amended Ord. 02-064, Dec. 9, 2002, Eff date Feb. 1, 2003; Amended by Amended Ord. 04-003, Mar. 31, 2004, Eff date May 17, 2004; Amended by Amended Ord. 06-061, Aug. 1, 2007, Eff date Oct. 1, 2007; Amended by Amended Ord. 17-004, May 10, 2017, Eff date June 1, 2017; Amended by Ord. 19-046, Sept. 25, 2019, Eff date Oct. 5, 2019; Amended by Amended Ord. 22-016, May 4, 2022, Eff date May 19, 2022).