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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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[ii] Minimum setback of 30 feet requires a fee payment of $500,000.00, 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 the 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 />[2] For parcels under 200 feet in width. <br />[a] Primary structures. The minimum side setbacks for primary use structures shall be <br />20 feet. If side setbacks of different width are provided, the larger setback shall be <br />provided on the side adjacent to the public beach access walkway or to provide for <br />the greatest separation from buildings on adjacent sites. <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 20 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 />[3] Notwithstanding side setback restrictions of this paragraph D(4)(c), buildings on <br />adjacent lots may be connected by an elevated pedestrian bridge in order to increase <br />pedestrian accessibility to recreational or tourism facilities that are shared between <br />the owners of the adjacent lots, where the City Commission has determined that <br />ocean views are sufficiently preserved, the bridge does not interfere with a beach <br />access walkway, the bridge functions as part of an integrated design with the buildings <br />on the adjacent lots, and the use and maintenance of the bridge is adequately <br />provided for between the owners of the adjacent lots. <br />(5) Minimum separation between buildings. To preserve ocean views for properties west of <br />Collins Avenue, primary use buildings exceeding 20 feet in height above grade on the same <br />site shall be separated by a minimum of 100 feet as measured parallel to Collins Avenue. <br />Cantilevers and open porches may project from the building wall into the required building <br />separation not more than six feet, and unenclosed stairways may project from the building <br />wall into the required building separation not more than ten feet. Stairways, when located in <br />the required open space (court), shall be supported by the necessary columns only; support <br />by a wall is strictly prohibited unless the wall is of the primary structure is cantilevered. For <br />the purposes of this section, separate buildings or towers located on top of the same parking <br />structure shall be considered separate buildings and shall have the required building <br />separations. The minimum separation may be reduced by the City Manager not more than <br />613 <br />
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