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<br />additional increase in F.A.R. of 0.05 shall be granted for each "participation unit" <br />contributed to a beach trust fund established and administered by the City of <br />sunny Isles Beach up to a maximum additional 0.20 F.A.R. bonus. A system of <br />pedestrian walkways and shuttle bus facilities to provide oceanfront open space is <br />a public policy objective of the adopted City of Sunny Isles Comprehensive Plan. <br />a " participation unit" for the purpose of beach access enhancement bonus shall be <br />equal to $35, 000 and may be adiusted from time to time by the City Commission <br />pursuant to a recommendation by the City Manager. $14,000 adjusted 8flftually <br />based OR the eonsumer priee index, Imlltiplied by the total number of acres <br />contained in the subjeet pareel. If City Commission waives the provision of an <br />access easement for safety reasons as provided in Subsection D (9)(c) [1] [a] <br />above, the total beach access bonus achieved through trust fund contributions <br />shall not exceed 0.30. <br /> <br />[2] Public beach recreations enhancement bonus. The floor area ratio shall be <br />increased for developments that participate in the City's Beach Recreational <br />Enhancements Trust Fund as established and administered by the City for the <br />purposes of implementing oceanfront capital improvements. A bonus of 0.05 <br />increase in the F.A.R. shall be granted for each "participation unit" contributed to <br />the capital improvement fund designated for beach enhancements up to a <br />maximum additional 0.50 F.A.R. bonus. A " participation unit" for the purpose of <br />the beach recreational enhancement bonus shall be equal to $35.000 and may be <br />adjusted from time to time by the City Commission pursuant to a recommendation <br />by the City Manager. $14,000 adjusted aHnually based on the consumer price <br />index, multiplied by the total number of acres eontained in the s1:1bjeet parcel. <br /> <br />[3] Collins A venue public streetscape enhancements bonus. The floor area ratio <br />shall be increased for developments that participate in the City's Collins Avenue <br />Streetscape Enhancements Trust Fund as established and administered by the City <br />for the purposes of implementing capital improvements. Public streetscape <br />improvements and pedestrian system design and safety enhancements for Collins <br />A venue are policy objectives of the adopted City of Sunny Isles Beach <br />Comprehensive Plan. A bonus of 0.05 increase in the F.A.R. shall be granted for <br />each "participation unit" contributed to the capital improvement fund designated <br />for beach enhancements up to a maximum additional 0.30 F.A.R. bonus. A <br />"participation unit" for the purpose of the Collins Avenue streetscape <br />enhancement bonus shall be equal to $35.000 and may be adiusted from time to <br />time by the City Commission pursuant to a recommendation by the City Manager. <br />$14,000 adjusted aHRually based on the eonsumer price index, multiplied by the <br />total number of aeres contained in the subject parcel. <br /> <br />[4]. Sunny Isles public parking bonus. The floor area ratio shall be increased for <br />developments that participate in the City's Beach Public Parking Trust Fund as <br />established and administered by the City for the purposes of implementing capital <br />improvements for public parking. Public parking resources, in particular, west of <br />Collins A venue, as a component of infrastructure improvements to facilitate <br /> <br />Ordinance Amending Sections 265-34. 35, and 36 <br /> <br />2 <br /> <br />Words underlined are added, words 5tfiekeft are deleted. <br />