Section 7-703. Incentive zoning; definitions, purpose, conditions, procedures

1. Definitions. As used in this section:
    a. "Incentives or bonuses" shall mean adjustments to  the  permissible
  population  density,  area, height, open space, use, or other provisions
  of a zoning local law for a specific purpose authorized by  the  village
  board of trustees.
    b.  "Community  benefits  or amenities" shall mean open space, housing
  for persons of low or moderate income, parks, elder care,  day  care  or
  other  specific  physical, social or cultural amenities, or cash in lieu
  thereof, of benefit to the residents of the community authorized by  the
  village board of trustees.
    c.  "Incentive  zoning"  shall  mean  the  system  by  which  specific
  incentives or bonuses are granted to applicants pursuant to this section
  on condition that specific physical, social,  or  cultural  benefits  or
  amenities would inure to the community.
    2.  Authority  and  purposes.  In  addition  to  existing  powers  and
  authorities to regulate by planning or zoning,  including  authorization
  to  provide for the granting of incentives, or bonuses pursuant to other
  enabling law, a village board of trustees is hereby empowered,  as  part
  of a zoning local law adopted pursuant to this article, to provide for a
  system  of  zoning  incentives,  or  bonuses,  as  the  village board of
  trustees deems necessary and appropriate consistent  with  the  purposes
  and  conditions  set forth in this section. The purpose of the system of
  incentive, or bonus, zoning shall be to advance the  village's  specific
  physical,  cultural and social policies in accordance with the village's
  comprehensive plan and in coordination  with  other  community  planning
  mechanisms  or  land  use techniques. The system of zoning incentives or
  bonuses shall be in accordance with  a  comprehensive  plan  within  the
  meaning of section 7-704 of this article.
    3.  Implementation.  A  system  of zoning incentives or bonuses may be
  provided subject to the conditions hereinafter set forth.
    a. The village board of trustees  shall  provide  for  the  system  of
  zoning  incentives  or  bonuses  pursuant to this section as part of the
  zoning local law. In providing for such system the  board  shall  follow
  the  procedure for adopting and amending its zoning local law, including
  all provisions for notice and public hearing applicable for  changes  or
  amendments to a zoning local law.
    b.  Each zoning district in which incentives or bonuses may be awarded
  under this section shall be designated in the village zoning  local  law
  and  shall  be  incorporated  in any map adopted in connection with such
  zoning local law or amendment thereto.
    c. Each  zoning  district  in  which  incentives  or  bonuses  may  be
  authorized shall have been found by the village board of trustees, after
  evaluating the effects of any potential incentives which are possible by
  virtue  of  the  provision  of  community amenities, to contain adequate
  resources,  environmental  quality  and  public  facilities,   including
  adequate   transportation,   water   supply,  waste  disposal  and  fire
  protection.    Further,  the  village  board  of  trustees   shall,   in
  designating  such districts, determine that there will be no significant
  environmentally  damaging  consequences  and  that  such  incentives  or
  bonuses are compatible with the development otherwise permitted.
    d. A generic environmental impact statement pursuant to the provisions
  of 6 NYCRR 617.15 shall be prepared by the village board of trustees for
  any  zoning  district in which the granting of incentives or bonuses may
  have significant effect on the environment before any such  district  is
  designated,  and  such statement shall be supplemented from time to time
  by the village board of  trustees  if  there  are  material  changes  in
  circumstances that may result in significant adverse impacts. Any zoning

  local  law  enacted  pursuant  to  this  section  shall provide that any
  applicant for incentives or bonuses shall pay a proportionate  share  of
  the cost of preparing such environmental impact statement, and that such
  charge  shall  be added to any site-specific charge made pursuant to the
  provisions of section 8-0109 of the environmental conservation law.
    e. The village board of trustees shall  set  forth  the  procedure  by
  which incentives may be provided to specific lands. Such procedure shall
  describe:
    (1) the incentives, or bonuses, which may be granted by the village to
  the applicant;
    (2) the community benefits or amenities which may be accepted from the
  applicant by the village;
    (3)  criteria for approval, including methods required for determining
  the adequacy of community amenities to be accepted from the applicant in
  exchange for the particular bonus or incentive  to  be  granted  to  the
  applicant by the village;
    (4)  the  procedure  for obtaining bonuses, including applications and
  the review process, and the imposition of terms and conditions  attached
  to any approval; and
    (5) provision for a public hearing, if such public hearing is required
  as  part  of  a  zoning  ordinance or local law adopted pursuant to this
  section and give  public  notice  thereof  by  the  publication  in  the
  official  newspaper of such hearing at least five days prior to the date
  thereof.
    f. All other  requirements  of  article  eight  of  the  environmental
  conservation  law shall be complied with by project sponsors for actions
  in areas for which a generic environmental  impact  statement  has  been
  prepared including preparation of an environmental assessment form and a
  supplemental environmental impact statement, if necessary.
    g. Prior to the adoption or amendment of the zoning local law pursuant
  to  this  section  to establish a system of zoning incentives or bonuses
  the village board shall evaluate the impact of  the  provision  of  such
  system of zoning incentives or bonuses upon the potential development of
  affordable  housing  gained  by  the  provision of any such incentive or
  bonus afforded to an applicant or lost in the provision by an  applicant
  of  any  community amenity to the village. Further, the village board of
  trustees shall determine that there is approximate  equivalence  between
  potential  affordable  housing lost or gained or that the village has or
  will take reasonable action to compensate for any negative  impact  upon
  the  availability  or potential development of affordable housing caused
  by the provisions of this section.
    h. If the  village  board  of  trustees  determines  that  a  suitable
  community  benefit  or amenity is not immediately feasible, or otherwise
  not practical, the board may require, in lieu thereof, a payment to  the
  village  of  a sum to be determined by the board. If cash is accepted in
  lieu of other community benefit or amenity, provisions shall be made for
  such sum to be deposited in a trust fund to be used by the village board
  of trustees exclusively for specific community  benefits  authorized  by
  the village board of trustees.
    4.  Nothing  in  this  section  shall  be  construed to invalidate any
  provision for incentives or bonuses heretofore adopted  by  any  village
  board of trustees.