2003-0717 Regular City Commission Meeting

Home Browse Search

Summary Minutes:Regular City Commission Meeting July 17,2003 City of Sunny Isles Beach,Florida Vera said that the property is valued at around $11.5 million, and that they calculate the square footage of buildable to the$11.5 million so it would be around$60-$70 per square foot. Mr. Shubin asked in respect to the FAR that is purchased through the bonus system, what determines the price of the FAR, and Mr. Vera said that it was set under prior requirements and it was done through basically the same nexus that is being used here and on the cost of land and the cost of building per square foot. Mr. Shubin said that that system yields $6.00 per square foot for FAR and Mr. Vera is telling him that there is an appraisal for $60 per square foot, and asked Mr. Vera if he would say there is a discrepancy between the price by which someone purchases bonuses through the bonus program or FAR feet and through the Transfer of Development Rights program, and Mr. Vera said that there is a difference between the bonus and the TDR, and what we have here is the cost on land and the bonuses cost based on building square footage, and that is how it was set originally. The value of the land is$11.2 Million, and Mr. Shubin asked if there was a value of the project as developed, and Mr. Vera said no, he does not have a value on how much this project is going to cost. Mr. Shubin said that the FAR feet that is being transferred is going to be used for the construction of the building and not for land purposes. Mr. Vera said that was correct but the way that this section of the Code of the TDRs are developed is based on the land, and we get the square footage of what is buildable divided by the value on the appraised value of the land. Mr. Shubin asked if he knows that there is a provision in Article 6 of the Dade County Charter that attempts to prohibit development on park land, and Mr. Vera said yes, and asked if it was his understanding that this provision applies to park land in the City of Sunny Isles Beach, and Mr. Vera said that the way our Master Plan has been developed is to allow the original permitted density and intensity to be transferred from our park land to other properties. Mr. Shubin asked if the City of Sunny Isles Beach is somehow exempted from Article 6 of the County Charter, and City Attorney Dannheisser answered that the intention of Article 6 is to preserve park land, and she stated that the City has not violated that in anyway through this system because the City-owned property or any land for that matter for which development rights are transferred, remains or turns into park land. Mr. Shubin said in determining the development rights that can be transferred for example, City-owned park land, how do you determined what development rights can be transferred, and Mr. Vera said that anything before the Comprehensive Plan was adopted, that we would use the underlying zoning that was on that land. Mr. Shubin asked if Mr. Vera was aware of the fact that there are certain notice provisions in the LDRs governing notice to parties within so many feet of a sender's site in a transfer of development rights, and Mr. Vera said yes, and Mr. Shubin asked what is that notice requirement, and Mr. Vera said 500-feet. Mr. Price objected saying that the question was not specific and that there is a distinction between a private-sender site and a public- sender site, and that should be the question, what is the distance of requirement from a public sender site? Mr. Vera said none, and Mr. Shubin asked what is the distance of requirement from a private sender site, and Mr. Vera said 500-feet. Mr. Shubin commented that it still is not determined at the time of this hearing whether or not these 5