The intent of this Chapter is to permit one family residential subdivisions to be planned as a comprehensive unit allowing, therefore, certain modifications to the standards as outlined in the "Schedule of Regulations" to be made in R-1, R-2, and R-3 One Family Residential Districts when the following conditions are met:
(A) The lot area in all R-1, R-2, and R-3 One Family Residential Districts may be reduced to the size of the smallest lot size allowed as indicated in Section 10-12-3 herein, provided that the population density shall be no greater than if the land area to be subdivided were developed in the minimum average square foot lot areas as required under R-1, R-2, and R-3. All calculations shall be predicated upon the One Family Districts having the following number of dwelling units per acre:
R-1 - 2.2 dwelling units per acre
R-2 - 3.9 dwelling units per acre
R-3 - 4.5 dwelling units per acre
(B) Lot widths may be reduced to not less than eighty five feet (85') in an R-1 District and sixty feet (60') in an R-2 District. The required least side yard indicated in Section 10-12-3 shall be provided for each lot. The total of two (2) side yards indicated in Section 10-12-3 may be reduced by ten percent (10%).
(C) For each foot of land gained, under the provisions of subsection (A) above of this Section, within a residential subdivision, through the reduction of lot size below the minimum requirements as outlined in the "Schedule of Regulations", equal amounts of land shall be dedicated to common use of the lot owners in the subdivision in a manner approved by the Village.
(D) The area to be dedicated for the common use of the subdivision shall in no instance be less than two (2) acres and shall be in a location and shape approved by the Village.
(E) Access shall be provided to areas dedicated for the common use of the subdivision for those lots not bordering on such dedicated areas by means of streets or pedestrian access-ways.
(F) In approving the application of the "Subdivision Open Space Plan" technique, the Zoning Board shall be cognizant of the following objectives:
1. To provide a more desirable living environment by preserving the natural character of open fields, stands of trees, brooks, lakes, hills, and similar natural assets;
2. To encourage developers to use a more creative approach in the development of residential areas;
3. To encourage a more efficient and desirable use of open area while recognizing a reduction in development costs, and by allowing the developer to by-pass natural obstacles in the site;
4. To encourage the provision of open space within reasonable distance to all lot development of the subdivision and to further encourage the development of recreational facilities.
(G) This plan for reduced lot sizes shall only be permitted if it is mutually agreeable to the Village Board and the subdivider or developer.
(H) Under this planned unit approach, the developer or subdivider shall dedicate the total park area (see subsection (B) of this Section) at the time of filing of the final plat on all or any portion of the plat.