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A. Minimum Lot Size and Dimension. There is no minimum lot size or dimension for development of land or creation of new lots in the Commercial/Industrial Mixed Use zone. Creation of new lots is subject to the regulations of ZDC Section 450, Subdivisions and Land Partitions. The lot size for all permitted or conditional uses shall be adequate to fulfill the applicable requirements stated below.

B. Lots or parcels may be divided into smaller lots or parcels as follows:

(1) Lots or parcels smaller than fifty (50) acres may be divided into any number of smaller lots or parcels.

(2) Lots or parcels larger than fifty (50) acres may be divided into smaller lots or parcels pursuant to a master plan approved by the City so long as the resulting division yields at least one (1) lot or parcel of at least fifty (50) acres in size.

(3) Lots or parcels fifty (50) acres or larger, including those created pursuant to paragraph (2) of this subsection, may be divided into any number of smaller lots or parcels pursuant to a master plan approved by the City so long as at least forty (40) percent of the lot or parcel has been developed with industrial uses accessory to industrial uses, and no portion has been developed, or is proposed to be developed with uses described in subsection D.(2) of this section.

(4) Notwithstanding paragraphs (2) and (3) of this subsection, any lot or parcel may be divided into smaller lots or parcels or made subject to rights-of-way for the following reasons:

(a) To provide public facilities and services;

(b) To separate a portion of a lot or parcel in order to protect a natural resource, to provide a public amenity, or to implement a remediation plan for a site identified by the Oregon Department of Environmental Quality pursuant to ORS 465.225;

(c) To separate a portion of a lot or parcel containing a nonconforming use from the remainder of the lot or parcel in order to render the remainder more practical for a permitted use; or

(d) To allow the creation of a lot for financing purposes when the created lot is part of a master planned development. (Ord. 3-2022 (Exh. A))