Reso 2026-3963 - Laserfiche WebLink

Home Browse Search

[4] Sunny Isles Beach public parking bonus. The floor area ratio shall be increased for developments that participate in the City's Beach Public Parking Trust Fund as established and administered by the City for the purposes of implementing capital improvements for public parking. Public parking resources, in particular, west of Collins Avenue, as a component of infrastructure improvements to facilitate public access to the oceanfront, is a policy objective of the adopted City of Sunny Isles Beach Comprehensive Plan. A bonus of 0.05 increase in the F.A.R. shall be granted for each participation unit contributed to the capital improvement fund designated for beach enhancements up to a maximum additional 0.20 F.A.R. bonus. A participation unit, for the purpose of the public parking trust fund bonus, shall be equal to $200,000.00 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. The cost of a participation unit shall be determined by the amount of participation units purchased at the unit price multiplied by the total number of acres contained in the subject parcel. Additionally, the City Manager and/or his designee shall review the bonus participation unit price set forth herein every two years. [5] Public oceanfront park and open space enhancements bonus. The floor area ratio shall be increased by 0.20 additional floor area ratio for developments that provide within the development site _receiving the F.A.R. bonus publicly accessible open space, park and recreational facilities adjacent to and directly accessible from the public beach during daylight hours and constructed and maintained by the developer. The open space shall be designed, and improved to promote passive recreation (no active sports, cooking, music, or similar activities that may create noise or odor impacts external to the site) and children's play areas within generously landscaped park -like space not less than 10,000 square feet in area with a minimum dimension in depth measured perpendicular to Collins Avenue of 75 feet. The park area provided may be utilized exclusively by the development and on -site residents and visitors after daylight hours. [6] Educational and cultural infrastructure bonus. The floor area ratio shall be increased for developments that participate in the City's Educational and Cultural Infrastructure Trust Fund as established and administered by the City for the purposes of implementing public educational and infrastructure capital improvements. A bonus of 0.05 increase in the F.A.R. shall be granted for each participation unit contributed to the capital improvement fund designated for public educational and cultural capital improvements up to a maximum additional 0.20 F.A.R. bonus. A participation unit, for the purpose of the educational and cultural infrastructure bonus, shall be equal to $200,000.00 and may be adjusted from time to time by the City Commission pursuant 618