In the “A” district the minimum area of the lot shall be seventy-five hundred (7500) square feet including any alley influence.

In the “B” and “B-1” districts the minimum area of the lot shall be six thousand (6,000) square feet for one family dwelling and seven thousand (7,000) square feet for two family dwelling.

In the “B-2,” “C,” “D,” “E,” “F,” “G,” “H,” and “I” districts the minimum area of the lot shall be five thousand (5,000) square feet for a one family dwelling; six thousand (6,000) square feet for a two family dwelling; and for apartment houses or buildings arranged or designed for more than two (2) families the minimum lot area shall be seven thousand (7,000) square feet for each family in excess of two (2).

On any lot held under separate distinct ownership from adjoining lots at the same time of the passage of this ordinance, such separately owned property being of record at the time, a single family dwelling may be erected even though the lot be of less area than required by the regulating to area in the district in which it is located; provided, however, that in any event the combined area of the dwelling and accessory building shall not cover more than forty (40) percent of the total area of the lot.

No lot area shall be so reduced or diminished that the yards or other open spaces shall be smaller than prescribed by this ordinance, nor shall the density of population be increased in any manner except in conformity with the area regulations herein established. Side yard areas used to comply with minimum requirements of this ordinance for a building shall not be included as a part of the required areas of any other building.