§ 1411-41. Additional Floor Area for Historic Conservation or Residential Development.

A Conditional Use may be approved allowing additional floor area beyond that allowed by § 1411-07 and by Map 1411-09: FAR Overlay in Downtown Development Districts, for projects receiving a Historic Conservation Bonus or Residential Gross Floor Area Bonus. In no case may additional floor area be granted such that the maximum building heights prescribed by Map 1411-13: Maximum Building Height Overlay in Downtown Development Districts, are exceeded.

(a)

Historic Conservation Bonus. Under the City's Historic Easement Program, the owner of a building that is listed on the National Register of Historic Places and is located in any DD subdistrict may donate an easement in return for a Certificate of Transferable Bonus Gross Floor Area, provided the easement is accepted by the Historic Conservation Board. This one-time certificate is issued by the Urban Conservator, who has the duty to maintain a record of the issued certificate, including the owner, the gross floor area available for transfer and the gross floor area actually transferred. All bonus gross floor area available under the easement may be transferred, provided the gross floor area does not exceed the maximum building heights prescribed by Map 1411-13: Maximum Building Height Overlay in Downtown Development Districts. Certificates of Transferable Bonus Gross Floor Area may be transferred to and redeemed by anyone other than the original certificate holder. Certificates to be redeemed must be tendered to the Urban Conservator prior to the issuance of permits for construction. On completion of construction, certificates are cancelled and no certificate may be reissued, even if the building constructed pursuant to its redemption is demolished.

(b)

Residential Gross Floor Area Bonus. The residential gross floor area bonus equals the total interior floor area of a building that is exclusively devoted to residential purposes, provided the bonus gross floor area does not exceed 25 percent of the building gross floor area.

(Ordained by Ord. No. 15-2004, eff. Feb. 13, 2004; a. Ord. No. 0346-2007, § 7, eff. Oct. 13, 2007)