Reso 2026-3940 - Laserfiche WebLink

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Section 2. Authorizing the Sale and Assignment of TDRs from the City's public TDR account to MIA 43 INC. The City Commission hereby approves the sale and assignment of TDRs in the amount of 305 square feet of FAR and zero (0) dwelling units from the City's public TDR account to the Applicant. The Applicant has agreed to pay the square foot value of $125.00, thus the total TDR purchase is $39,125.00. Failure to pay the required amount within the ten (10) working days of approval of the TDRs and site plan application shall result in an automatic voiding of the City Commission approval of the TDRs and site plan approval. Section 3. Authorizing the Withdrawal and Assignment of TDRs. The City Commission hereby authorizes the Planning and Zoning Director to withdraw 305 square feet of FAR and zero (0) dwelling units from the City's public TDR account and to assign 305 square feet of FAR solely for the development project of the Property approved under Zoning Resolution No. 26-Z- off. Section 4. Directive to Development Services Director. The Planning and Zoning Director or their designee is hereby directed to adjust the City's public TDR account to reflect the withdrawal of TDRs in the amount of 305 square feet of FAR and zero (0) dwelling units according to Zoning Resolution No. 26-Z-1-1q . Section 5. Authority of the City Manager and City Attorney. The City Manager and City Attorney are hereby authorized to do all things necessary to effectuate this Resolution. Section 6. Repealer. All Resolutions or parts of Resolutions in conflict herewith shall be and are hereby repealed. Section 7. Effective Date. This Resolution shall become effective upon adoption. A PASSED AND ADOPTED this 1! Larisa Svechin, Mayor APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Maur,cio Betan ur, CMC, City Clerk Alain E. Boileau, for Nabors, Giblin & Nickerson, P.A., City Attorney @BCL@EC16F069 Page 2 of 3 460