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<br />(5) No property upon which a prior zoning approval was granted <br />may apply for transferable development rightsTDRs -unless a <br />site plan application is made for the entire site. <br /> <br />(6) In no event shall a site plan on a Receiver Site be approved <br />with any structure exceeding 550 feet stories in height. <br /> <br />(7) The foregoing is subiect also to all other requirements of this <br />Ordinance. <br /> <br />d. Land Inelhdble for Consideration as Receivine Sites. <br /> <br />No transferable development rights TDRs shall be assigned or <br />transferred to any land outside the Town Center, Business District <br />abutting Collins Avenue and the Mixed Use High Density resort <br />zoning districts or for any land which has received a density or floor <br />area varIance. <br /> <br />e. Fees. <br /> <br />Application fees for consideration of applications for establishment of <br />Sender Sites and Receiver Sites and for TDRs shall be established by <br />the City Commission. The applicant shall be responsible for all <br />applicable application fees. Hiring of consultants to review data <br />including engineering, planning, legal, appraisal, technical or <br />environmental issue, shall be chargeable to the applicant in accordance <br />with Ordinance No. 2001-132. <br /> <br />4. 265-23.~4 Caleulations.Calculation and Costs. <br /> <br />a. _Transferable Development Rights from City owned Sender <br />SitestCalculation of Density and Intensitv for TDR Bank Calculation. <br /> <br />In the case of City owned sites, calculations will be based on the <br /> <br />zoning permissible at the time of incorporation and prior to the City's <br /> <br />acquisition of the site for public purposes. The square footage of a <br /> <br />transferable development right for a unit shall be calculated and <br /> <br />determined by dividing the permitted floor area of the S,5ending S,5ite <br /> <br />by the permitted density on said S,5ending S,site. This calculation will <br /> <br />yield a square foot per unit constant. Withdrawals from the TDR <br /> <br />Beank shall result in a simultaneous decrease in square footage and <br /> <br />units so that both square footage and density will reach zero at the <br /> <br />same time. Only whole units may be purchased and transferred to the <br /> <br />Rfeceiving S,site. The foregoing, however, is subject to all limitations <br /> <br />02004218 ,h.md TDRs See. 285 23U:\Citv Clerk\Ordinances\Drafts\Draft 02005- TDR Amend 02004-218 Marked 8 <br />2nd Rdg.docU:\u\ TTORNEY\/.ssignmefltr,\2005\f.05 Re'iisions to Ordinance No 2001 218 (TDR Ordinancel\w02 <br />TDRamendedordiniance olianges 5 9 05 Shellev.docC:\DocumentG and Settings\shelley\Local Settings\Teffi\'lOrary <br />IHtemar Files\OLK98\w02 TDRamendedordiniaHce ohanges 5 9 05.docU:\,'\ TTORNEY\f.ssigHments\2005\.^.05 <br />Re'/isions to OrdiHanee No 2001 218 (TDR Ordinancel\w02 TDRamendedordiniance elianges ENW 5 5 <br />05.docC:\Doel:lments and Settings\Home 1 \My Documents\Sllallay\TDRameneeeoreiniallee changes.doc <br />