§ 7-703 Incentive zoning; definitions, purpose, conditions,\nprocedures. 1. Definitions. As used in this section:\n a. "Incentives or bonuses" shall mean adjustments to the permissible\npopulation density, area, height, open space, use, or other provisions\nof a zoning local law for a specific purpose authorized by the village\nboard of trustees.\n b. "Community benefits or amenities" shall mean open space, housing\nfor persons of low or moderate income, parks, elder care, day care or\nother specific physical, social or cultural amenities, or cash in lieu\nthereof, of benefit to the residents of the community authorized by the\nvillage board of trustees.\n c. "Incentive zoning" shall mean the system by which specific\nincentives or bonuses are granted to applicants pursuant to this section\non condition that specific physical, social, or cultural benefits or\namenities would inure to the community.\n 2. Authority and purposes. In addition to existing powers and\nauthorities to regulate by planning or zoning, including authorization\nto provide for the granting of incentives, or bonuses pursuant to other\nenabling law, a village board of trustees is hereby empowered, as part\nof a zoning local law adopted pursuant to this article, to provide for a\nsystem of zoning incentives, or bonuses, as the village board of\ntrustees deems necessary and appropriate consistent with the purposes\nand conditions set forth in this section. The purpose of the system of\nincentive, or bonus, zoning shall be to advance the village's specific\nphysical, cultural and social policies in accordance with the village's\ncomprehensive plan and in coordination with other community planning\nmechanisms or land use techniques. The system of zoning incentives or\nbonuses shall be in accordance with a comprehensive plan within the\nmeaning of section 7-704 of this article.\n 3. Implementation. A system of zoning incentives or bonuses may be\nprovided subject to the conditions hereinafter set forth.\n a. The village board of trustees shall provide for the system of\nzoning incentives or bonuses pursuant to this section as part of the\nzoning local law. In providing for such system the board shall follow\nthe procedure for adopting and amending its zoning local law, including\nall provisions for notice and public hearing applicable for changes or\namendments to a zoning local law.\n b. Each zoning district in which incentives or bonuses may be awarded\nunder this section shall be designated in the village zoning local law\nand shall be incorporated in any map adopted in connection with such\nzoning local law or amendment thereto.\n c. Each zoning district in which incentives or bonuses may be\nauthorized shall have been found by the village board of trustees, after\nevaluating the effects of any potential incentives which are possible by\nvirtue of the provision of community amenities, to contain adequate\nresources, environmental quality and public facilities, including\nadequate transportation, water supply, waste disposal and fire\nprotection. Further, the village board of trustees shall, in\ndesignating such districts, determine that there will be no significant\nenvironmentally damaging consequences and that such incentives or\nbonuses are compatible with the development otherwise permitted.\n d. A generic environmental impact statement pursuant to article eight\nof the environmental conservation law and regulations adopted by the\ndepartment of environmental conservation shall be prepared by the\nvillage board of trustees for any zoning district in which the granting\nof incentives or bonuses may have significant effect on the environment\nbefore any such district is designated, and such statement shall be\nsupplemented from time to time by the village board of trustees if there\nare material changes in circumstances that may result in significant\nadverse impacts. Any zoning local law enacted pursuant to this section\nshall provide that any a
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