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Reso 2026-3963
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Reso 2026-3963
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Last modified
3/17/2026 12:18:57 PM
Creation date
3/17/2026 12:14:40 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2026-3963
Date (mm/dd/yyyy)
02/19/2026
Description
Approve Purchase & Assignment of TDRs amount 120,972.18 Sq. ft. of FAR & (48) Dwelling units from City's Public TDR Bank to MB RE Investments, LLC.
Supplemental fields
Comment
Heard with Companion Zoning Reso 26-Z-221; Item 5A.
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(c) Interior side setbacks/view corridors. <br />[1 ] For parcels 200 feet or more in width: <br />[a] Primary structures. The minimum side setbacks for primary use structures <br />exceeding 20 feet in height above grade shall be 50 feet. If side setbacks of <br />different width are provided, the larger setback shall be provided on the side <br />adjacent to the public beach access walkway or to provide for the greatest <br />separation from buildings on adjacent sites. Where a parcel is no more than five <br />percent greater than 200 feet in width, the minimum side setback shall be 20 feet. <br />[b] Pedestal structures, parking garages and accessory use structures. There shall be <br />no required setback for structures below six feet above grade. To preserve ocean <br />view corridors for sites west of Collins Avenue, for structures higher than six feet <br />above grade, there shall, be a three-foot setback for each two feet of building <br />height up to a maximum setback of 50 feet. <br />[c] For parcels adjacent to public parks, excluding easements used exclusively for <br />access, the minimum side setback shall be five feet. <br />Maximum Setback - <br />Maximum heiaht �- <br />Propert . <br />v I in <br />a 2, <br />' 2^d Level <br />Grade <br />' Gar222 structure one-half level below <br />......................................................••••• <br />Side Setbacks — Illustrative Diagram <br />[d] Optional design flexibility side setback for parcels 200 feet or more in width: <br />At the option of the landowner, minimum setbacks may be provided as follows for <br />primary use structures exceeding 20 feet in height above grade on existing lots for <br />purposes of design flexibility, and where the landowner provides to the City the <br />designated fee payment for the City's maintenance of adjacent public beach <br />access, streetscape and park improvements. The City Commission reserves the <br />right to revise the designated fee payment. <br />[i] Minimum setback of 25 feet requires a fee payment of $1,000,000.00, per <br />eligible parcel. A nonrefundable deposit payment of ten percent of the <br />required fee, which shall be paid within three working days of the date of City <br />Commission approval of a site plan approved under this section for optional <br />design flexibility setback. Failure to make such deposit within the prescribed <br />time frame shall result in zoning approval being declared null and void. <br />612 <br />
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