A.
It is the purpose of this article to establish the Industrial Receiving District in order to establish receiving sites for both Pine Barrens credits and other identified development credits which may be transferred pursuant to the procedure set forth herein, Article XLII, Transfer of Development Rights, of this chapter, and § 261-a of the Town Law of the State of New York.
B.
It is the further intent of this article to set forth the procedure upon which the Town Board may establish an Industrial Receiving District, such district to be established on a floating zone basis with the necessary controls and provisions necessary to accomplish the aforementioned purpose.
C.
It is the purpose of the Industrial Receiving District legislation to provide for more desirable development and more efficient use of real property than is achievable under existing zoning and environmental regulation consistent with the recommendations of the Central Pine Barrens Comprehensive Land Use Plan and the Town of Riverhead Master Plan.