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<br />archeological resources, the protection and enhancement of waterfront, improving <br />pedestrian environment, creating public right of way, public access corridors not <br />otherwise required by the Land Development Regulations, the erection of public <br />parking garages to serve the town center or the development of public educational <br />facilities and other essential public facilities, including but not limited to <br />recreational, public works, maintenance and operational facilities on the sender <br />site. The foregoing limitation shall not apply to governmental sites designated in <br />section 265-29(13)(4) hereinbelow, as may be amended frorn time to time. <br /> <br />(5) Limitation on use ofTDRs from Approved Sender Sites. <br /> <br />The owners, successors, heirs or assigns of approved sender sites will be <br />permitted to bank, in accordance with section 265-23.7.2 hereunder, any <br />Development Rights from the sender sites for a five (5) year period from the date <br />of the City Commission meeting at which the subject site was approved as a <br />sender site. At the expiration of the five (5) year period, the TDR's from the <br />approved sender sites shall expire and become extinguished and unusable. <br /> <br />d. Establishment of Receiver Sites: <br /> <br />All property within the Town Center, Business District abutting Collins Avenue and the Mixed <br />Use High Density/Resort zoning districts are herewith established as Receiver Districts. <br />Receiver sites (also referred to in this Section 23 as "receiving sites") may be developed as <br />otherwise permitted by the Land Development Regulations, as may be amended from time to <br />time, in combination with the development rights available to the site, provided that the overall <br />density achieved is consistent with, and does not exceed, the overall density and intensity <br />allowable by the Comprehensive Plan. If an approval was granted prior to the adoption of this <br />Ordinance, pursuant to which a permit has been issued, that site shall not be available as a <br />receiver site, unless the prior approval is revoked and a new developrnent order is secured <br />hereunder. <br /> <br />e. Fees. <br /> <br />Application fees for consideration of applications for establishment of sender sites and receiver <br />sites and for TDRs shall be established by the City Commission. The applicant shall be <br />responsible for all applicable application fees. Hiring of consultants to review data including <br />engineering, planning, legal, appraisal, technical or environmental issue, shall be chargeable to <br />the applicant in accordance with Ordinance No. 2001-132. <br /> <br />4. 265-23.4 Calculations. <br /> <br />a. Transferable Development Rights from City owned Sender Sites: <br /> <br />In the case of City owned sites, calculations will be based on the zoning permissible at the time <br />of incorporation and prior to the City's acquisition of the site for public purposes. The square <br />footage of a transferable development right for a unit shall be calculated and determined by <br /> <br />02004-3/18 Amendment to TORs -- Sec. 265-23 <br />LMD:ch format 4/30/2004 -- 4:35 PM <br /> <br />5 <br />