§ A123-9. Criteria for approval.

A. 

Methods required for determining the adequacy of community amenities. To evaluate the adequacy of the proposed benefits to be accepted in exchange for the requested incentives, the following information shall be provided by the applicant with its application for development incentive bonus approval:

(1) 

A description of the proposed public amenities outlining the benefits that will accrue to the community;

(2) 

The economic value of the proposed amenities to the Village as compared with the economic value of the proposed incentives to the applicant;

(3) 

A preliminary demonstration that there are adequate sewer, water, transportation, waste disposal, police-protection and fire-protection facilities serving or proximate to the proposed development to handle the additional demands the incentive and amenity may place on such facilities beyond the demand that would otherwise occur with as-of-right development; and

(4) 

An explanation as to the way in which the amenity will implement physical, social or cultural policies of the Village's comprehensive zoning plan.

B. 

In compliance with the criteria as set forth above, or by payment in lieu of community benefits described below, the Board of Trustees may grant an incentive bonus to an applicant permitting an increase in unit density of up to 100% of that permitted in the Village's zoning laws.