A.
The Planning Commission may reduce the minimum lot area and dimensions required for a lot or lots proposed for detached single-family residential dwellings in the SR, TR, CBC, MI, and MR Zoning Districts upon a finding that:
(1)
The proposed reduction shall result in residential development that is compatible and harmonious with existing and planned land uses in the area, and no lot will be created that is so narrow or otherwise so irregularly shaped that it would be impractical to construct a residence thereon; or
(2)
The proposed reduction shall result in a compatible and harmonious residential development with existing and planned land uses. The reasonable development of a proposed development site is limited by existing natural site features such as nontidal wetlands, floodplains, or other sensitive features. Reasonable development, for this section, does not guarantee maximum possible development under this chapter. Achieving the maximum possible density is not sufficient justification alone for permitting a reduction in the minimum lot area and dimensions.
B.
The reduction in lot size and dimensions allowed shall be the minimum required in all cases and shall not result in any lot for a detached single-family residential dwelling with an area of less than 5,000 square feet. This provision shall not be construed as permitting a density over the maximum permitted residential density outlined in § 128-127.
C.
All lot size or dimension reductions shall be noted on any recorded subdivision plat.