The purpose of on-site density transfer regulations is to provide an incentive to property owners for encouraging the protection, preservation and enhancement of significant sensitive lands and cultural resources, while maintaining the overall density of an underlying zoning district. The provisions of this Chapter provide that sensitive resource areas may be set aside from development, while allowing a portion of the density, otherwise allowed upon the sensitive or cultural area, to be transferred to the developable (nonsensitive) portion of the site. Parcels where sensitive resources consist of more than 50% of the gross parcel area may have such areas deducted from the minimum required density calculations. (Ord. M-3643, 2004)