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3 <br /> The second section contains a "Flexible Development" option which contains the <br /> following provisions: <br /> • The existing one-acre minimum lot size requirement would be retained. <br /> • The provision of open space would be optional, however, a developer would <br /> be required to submit two concept plans - one for a conventional subdivision <br /> and another for a"flexible" or open space subdivision. <br /> • If a Flexible Development option is chosen, at least one-third (33%) of the <br /> land within a subdivision must be preserved as open space which may be <br /> preserved through: <br /> 0 An "estate lot" approach where all land is subdivided into lots four (4) <br /> acres or greater in size, building limits (50%) are established for each lot, <br /> and the open space outside such limits is preserved through restrictive <br /> covenants and/or conservation easements; or <br /> 0 A "conservation" approach where all land is subdivided into lots, and open <br /> space is preserved through the use of conservation easements held by the <br /> County or a land conservancy; or <br /> 0 A "cluster" approach where lot sizes are reduced and the land saved <br /> through such reductions is dedicated to the County or a land conservancy, <br /> or owned and maintained by a homeowners' association; or <br /> 0 A "village" or modified cluster approach where dwelling units are <br /> clustered around a village green and supporting shops, and the village is <br /> surrounded by open space; or <br /> 0 Some combination of the above, including the use of"density averaging" <br /> to allow flexibility in areas where two-acre minimum lot size requirements <br /> exist. <br /> • Density bonuses, while limited by the type of water supply/sewage disposal <br /> service available to the development,may be achieved by: <br /> 0 Providing greater amounts of open space than required; or <br /> 0 Providing affordable housing units either as part of the development or at <br /> an off-site location;or <br /> 0 Purchasing the development rights on farm or forest lands, natural areas, <br /> and similar resources;or <br />