BUTLDING PER PARCEL . (L) Except as provided in subsection (2), only one buijiding in which a dwelling unit located is permitted on each lot. (2) Whenever an owner makes application for a building permit to construct a dwelling unit on a lot im a one~family residential zone which already has a dwelling unit, and the owner occupies the existing dwelling unit during the construction of the new one, it shall be lawful to have two dwelling units on the lot simultaneously so long as the owner; (a) first enters an agreement in a form acceptable to the City covenanting to demolish and remove the first dwelling forthwith on completion of the second dwelling unit or at the request of ‘the City, whichever event is aarlier; and (b) provides security in a form satisfactory to the City in an amount sufficient to reimburse the City for all costs of so doing if the City causes the first dwelling unit to be demolished and removed. STRATA SUBDIVISION Where a Lot has been subdivided by a strata plan under the © Condominium Act, other than by a bare land strata plan, the regulations of this Bylaw apply to the useé and development of the land on the basis of the lot gubdivided by the strata plan, as if the strata subdivision had not taken place. | RECREATION AREAS “ (a) Outdoor recreation areas may be located at ground level, on a deck, or on a roof top. An outdoor recreation area shall have a minimum area of 35.0 m= (375 sq. ft.) and a minioun width of 5.5 m (18 ft.). (b) Indoor recreation areas may be Located on any level of a building and shall have a minimum area of 90.0 m* (215 sq. ft.) and a minimum width of 3.5 m.(12 ft.). RESIDENTIAL FLOOR AREA RATIOS: In the calculation of the floor area ratio of a residential development, entrances, stairwells and hallways common to more than one dwelling unit, balconies and areas within an underground structure shall be excluded, notwithstanding the definition of floor area in Section Ol.