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33 <br /> University Lake Watershed (ULW) District. ] <br /> G. Amend Article 6 by adding a new Article 6 .25 Development Standards <br /> for the University Lake Watershed (ULW) District to read as <br /> follows: <br /> OPTION 11 <br /> FIVE-ACRE MINIMUM LOT SIZES <br /> 6.25 Development Standards for the University Lake Watershed <br /> (ULW) District <br /> Within the University Lake Watershed (ULW) District, <br /> significant water quality deterioration may be prevented <br /> by land use controls which reduce the pollution from <br /> future development. For this reason, the new use of any <br /> land or any new structure within the ULW district shall <br /> comply with the following development standards: <br /> 6 .25. 1 Minimum Lot Size Regulated <br /> The minimum required lot size for any use in the <br /> University Lake Watershed (ULW) District shall be five <br /> (5) acres except as may be permitted in Article 6 .25.2 <br /> or Article 6 .25. 3. In addition, no residential <br /> development shall exceed a density of one ( 1) dwelling <br /> unit per five (5) acres except as may be permitted in <br /> Article 6.25.2 . <br /> 6 .25 .2 Existing Lots of Record <br /> a. Existing lots of record as of October 2, 1989 can <br /> be subdivided to create up to five (5) lots of not <br /> less than two (2) acres in size; provided, however, <br /> the remaining land shall be developed with a <br /> minimum lot size of at least five (5) acres for <br /> each lot and at a density not to exceed one ( 1) <br /> dwelling unit per five (5) acres of land area. <br /> [OR] <br /> a. Existing lots of record as of October 2, 1989 can <br /> be subdivided to create up to two (2) lots of not <br /> less than two (2). acres in size; provided, however, <br /> the remaining land shall be developed with a <br /> minimum lot size of at least five (5) acres for <br /> each lot and at a density not to exceed one ( 1) <br /> dwelling unit per five (5) acres of land area. <br /> b. Existing lots of record as of October 2, 1989 that <br /> are less than five (5) acres in size and which <br /> cannot be further subdivided can be developed by <br /> the owner at the current lot size. <br />