Maximum permitted density: 24 units per acre.

Open space requirement: Block 50, Lot 3 must include a public park for active and passive recreation that will be dedicated to the Borough. The public park must be of an area equal to not less than 3% of the total area of Block 50, Lot 3. The layout and use of the park (i.e. playgrounds, bike paths, etc.) will be conceptually depicted on the site plan submitted by the redeveloper of Block 50, Lot 3 at the time of site plan review. The final layout and use of the park will specified in a redevelopment agreement between the redeveloper of Block 50, Lot 3 and the Borough.

Development guidelines: Sections XIV, XV, and XVIA-K of the Redevelopment Plan govern development on Block 50, Lot 3 with respect to Building Design Guidelines; Streets, Parking, and Landscape Requirements; and Supplemental Requirements, respectively, except that:

• (1) Notwithstanding anything to the contrary contained within Section XIV-A of the Redevelopment Plan, any residential units developed on Block 50, Lot 3 may contain zero (0) (in the case of studio apartments), one (1), and two (2) bedrooms.
• (2) Notwithstanding anything to the contrary contained within Section XV-A of the Redevelopment Plan, parking on any new streets or drives to be developed on Block 50, Lot 3 (whether publicly-dedicated or private) need only be provided on one (1) side of the street or drive.
• (3) Any requirement set forth in Section XV-B of the Redevelopment Plan regarding “parking islands” is not applicable to Block 50, Lot 3.

Residential Site Improvement Standards Apply. Development on Block 50, Lot 3 must conform with the New Jersey Residential Site Improvement Standards, N.J.A.C. § 5:21-1.1, et. seq. (“RSIS”), unless the Borough’s Board grants the redeveloper of Block 50, Lot 3 a de minimis exception to the RSIS as authorized by N.J.A.C. § 5:21-3.1, et. seq.

Emergency Management Plan. The Planning Board may require submission of an Emergency Management Plan. The Planning Board will make the final