Proposed Comprehensive Plan, Future Land Use Element Text Amnd

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V LV.1111 ,Ilff 2030 �� ��Gi.Vt the Comprehensive Plan. Such regulations shall include Transferable Development Rights (TDR) regulations in accordance with the following standards: a) Receiver and Sender Districts shall be designated in appropriate areas, with receiver districts limited to locations within the Town Center, Mixed Use -High Density Resort, Mixed Use - Business, and Neighborhood Business land use categories. b) Mechanisms to enhance the value and marketability of TDR's &hafl-may be utilized, such as assigning density bonuses to receiver sites which e)(eeedshall not exceed the future land use category density limitations set forth in Policy 15B. c) In no case, HOWEVER, shall the density or intensity on a receiver site exceed a thiFty (30) peFeeRt ' ^the maximum permitted by the land use category limitations set in Policy 15B 14B or the land development regulations and in no case shall the resulting density bonus increases on any given receiver site exceed the number of dwelling units attainable on the sender site(s) under these plan provisions so as TO -to assure 40—no net increase in city-wide residential dwelling unit Comprehensive Plan capacities occurs. d) The transfer of development rights from privately owned sender sites must result in the accomplishment of a strategic public purpose that is consistent with the Comprehensive Plan such as the creation of public parks, plazas and/or open space, the conservation of historic, sensitive environmental and archeological resources, the protection and enhancement of waterfront public access corridors not otherwise required or incentivized by the land development regulations, the erection of public parking garages to serve the Town Center or the development of public educational facilities and other essential public facilities. An applicant shall bear the onus to demonstrate a strategic public purpose. Further, the FUTURE LAND USE Page 135 70