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<br />ii. Parking and all other requirements of the LDRs shall be required in accordance with <br />any additional density acquired through the transfer of development rights. <br /> <br />iii. All TDR's purchased or transferred shall be used within 24 months from the date of <br />obtaining Zoning approval a btli1ding permit or said rights shall thereafter be fully <br />extinguished. <br /> <br />iv. The transfer of development rights to a recei ving site will not decrease required open <br />space. buffers. setbacks or cause a request for variances or any other adverse impact <br />to surrounding site or increase allowable height. if applicable. <br /> <br />v. No property upon which a prior approval was granted may apply for transferable <br />development rights unless a site plan application is made for the entire site <br /> <br />vi. All monies received by the City in connection with the transfer of development rights <br />from City-owned sites shall be utilized for capital improvements only. <br /> <br />Section 6. <br /> <br />Disqualified Land. <br /> <br />1. Section 515.6 should read as follows: <br /> <br />No transferable development rights shall be computed for any land outside the Town <br />Center. Business District abutting Collins Avenue~and the Mixed Use High Density <br />resort zoning districts! or for any land which has received a density or floor area <br />vanance. <br /> <br />Section 7. <br /> <br />Procedures Pertaining to the Transfer of Development Rights. <br /> <br />1. Section 515.7 should read as follows: <br /> <br />515.7 Procedures Pertaining to the Transfer of Development Rights. <br /> <br />a Application. An applicant for the transfer of development rights shall file an <br />application with the Planning and Zoning Director, who shall place the request on the <br />agenda of the City Commission, after it is determined that the application is complete <br />and all other requirements have been complied with. Every application shall contain <br />the signatures of the fee simple owners of all properties involved, a description of <br />adjacent lands, including land uses, densities, circulation systems, public facilities <br />and the impact, if any, of the transfer of development rights. The application shall be <br />subiect . to the same notice and hearing requirements that are required for zoning <br />applications under the Land Development Regulations. A fee for the consideration of <br />this application shall be set from time-to time by the City Commission. The applicant <br />shall be responsible for consultant fees pursuant to Ordinance No. 2001-132. Such <br />application shall include the following: <br /> <br />Amendment of Section 515 <br /> <br />6 <br /> <br />9/25/2003 12:28 PM <br />