A residential cluster development (RCD) may be permitted by
the Planning Commission for the purpose of providing attractive neighborhoods
that maintain the rural character of Coventry, reducing sprawl, promoting
the conservation of open space and other environmental and cultural
features, and the efficient use of land in harmony with its natural
features. Moreover, this article is designed to encourage creative
developments by allowing some flexibility in site design and establish
incentives to develop a RCD. All proposals for an RCD shall conform
to Coventry's subdivision regulations.
At the discretion of the Commission, density bonuses may be
permitted which allow projects to be developed at a density greater
than permitted by the underlying zoning for the appropriate zoning
district. The Commission may grant such a bonus, not to exceed 20%,
if any of the following criteria are met:
A.
A minimum set aside of 50% of the land as open space in accordance
with § 255-1360.
B.
Preservation of valuable historical, cultural, or environmental
resources, and visual or aesthetic features.
No street and no public water supply or other improvement shall
be constructed and no building permit shall be issued for the construction
of any building within any cluster development unless a plat of such
development has been approved by the Commission and all infrastructure
improvements have been completed, or a security/performance bond has
been posted pursuant to § 255-13100, prior to recording
the plat in the office of the Town Clerk.
Nothing herein contained shall effect the validity of any cluster
development which was given final approval by the decision of the
Commission prior to the effective date of this chapter.
A performance bond, letter of credit or other form of surety
shall be posted in an amount to be determined by the Commission to
ensure proper development of the project in accordance with this article.
After evidence of the nonconformance or nonperformance of the applicant,
the Commission will recommend that the bond be defaulted and measures
taken to accomplish necessary work in fulfillment of the intent of
the regulations. Upon satisfactory completion of the project, the
Commission shall issue a written certification that the above requirements
have been met. The performance bond letter of credit or other surety
shall be released to the landowner upon receipt of the written certification
from the Commission.