The intent and purpose of the BO Business Overlay District is to encourage downtown business development within the Historic Waterfront Business District adopted in 2021 as part of the Neighborhood Preservation Program ("NPP") Implementation Plan. The intent of the BO District is to provide incoming businesses with more options for potential locations, as Belvidere does not have vacant properties to build upon, thereby generating activity, economic growth, and small business development. The BO District is intended to allow for single-family dwellings to be converted to mixed-use by allowing for limited commercial uses on the ground floor of the existing residential structures. The BO District encompasses the R-75 (Single-Family Residential), LM (Light Manufacturing), and CH (Courthouse) Districts within the Historic Waterfront Business District boundaries. Property owners may continue to develop their properties in accordance with the underlying zoning. Optionally, the BO District permits mixed-use conversions of structures originally constructed for single-family residential as a conditional use, subject to compliance with certain conditional use standards.