B.
No more than 10% of the minimum area requirement of a lot may be fulfilled by land which is subject to periodic flooding as defined in Chapter 78 of the Town Code. All minimum front, side and rear yard requirements must be satisfied by measurement on dry land.
C.
50% of lands under water, including streams, ponds and all designated state and federal wetland areas shall be deducted from the gross lot area for the purposes of determining minimum lot area requirements.