Flexible Development: The following definitions shall apply for the purposes of Section 8.1:
Affordable Dwelling Unit: A dwelling unit restricted as affordable to households
qualifying as low or moderate income. Affordable to Households Qualifying as Low Income: Affordable to households,
adjusted for size, under the applicable guidelines of the Commonwealth's Department
of Housing and Community Development, earning less than 50% of the median income. Affordable to Households Qualifying as Moderate Income: Affordable to
households, adjusted for size, under the applicable guidelines of the Commonwealth's
Department of Housing and Community Development earning more than 50% but less
than 80% of the median income. Contiguous Open Space: Open space suitable, in the opinion of the Planning & Zoning
Board, for the purposes set forth in Section 8.1.1, herein. Such open space may be
separated by the road(s) constructed within the Flexible Development. Contiguous open
space shall not include required yards. Transfer Lot: A parcel of land with not less than 60,000 square feet used to establish
a density bonus in a Flexible Development, as set forth in Section 8.1. Such transfer lot
shall be:
A. Determined by the Planning & Zoning Board to be of special importance
because of its visual prominence or potential vista blockage, ecological
significance or fragility, value as agricultural or recreational land, critical
relation or proximity to the Town's drinking water supply, or because it is
identified in the Town's open space plan; and
B.