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<br />approval was granted prior to the adoption of this Ordinance, pursuant <br />to which a permit has been issued, that site shall not be available as a <br />Receiver Site, unless the prior approval is revoked or abandoned by <br />the Applicant and a new development order is secured hereunder. <br /> <br />b. Development Limitations Upon Receivine Sites. <br /> <br />(1 ) Development rights on a RFeceiving Ssite shall be limited by a <br />combination of the underlying zoning regulations. approved <br />bonuses and allowable development rights transferable to the <br />land in the Receiving Sites. Notwithstanding anything to the <br />contrary. and in accordance with the Comprehensive Plan. <br />neither the transferable density or intensity of permitted uses <br />shall oot-exceed thirty percent (30%) of the maximum <br />residential density permitted on the Receiver Site and in no <br />case shall the resulting density bonus increases on any given <br />Receiver Site exceed the number of dwelling units attainable <br />on the Sender Site(s) under these plan provisions so as to <br />assure no net increase in City-wide residential dwelling unit <br />Comprehensive Plan capacities. Furthermore. the maximum <br />amount of undeveloped floor area that may be transferred from <br />a Sender Site to a RFeceiving Ssite shall not exceed thirty <br />percent (30%) of the base floor area ratio plus bonuses <br />allowable on the RFeceiving Ssite pursuant to band <br />De':elopment Regulations the LDRs in effect at the time <br />application is filed. <br /> <br />(2) Parking and all other requirements of the LDRs shall be <br />required in accordance with any additional density acquired <br />through the transfer of development rights. If a property o\vner <br />of a Receiver Site avails itself of the parking buy down <br />provided in Section 265 16.\(2) (b). that calculation shall be <br />made on the base zoning plus bonuses but shall not include <br />TDRs. <br /> <br />(3) All TDRs purchased or transferred shall be used within 24 <br />months from the date of rendition of the authorizinl;!: City <br />Commission resolution. or all such TDRs shall thereafter be <br />fully extinguished and there shall be no refunds from the City. <br /> <br />(4) The transfer of development rights to a RFeceiving Ssite shall <br />not decrease required open space. buffers. setbacks or cause a <br />request for variances or any other adverse impact to <br />surrounding sites or any increase to allowable height. if <br />applicable. <br /> <br />020Q4 218 }'.me TDRs See. 285 23U:\City Clerk\Ordinances\Drafts\Draft 02005- TDR Amend 02004-218 Marked 7 <br />2nd Rdg.docU:\.^.TTORNEY\,^.ssi&nments\20Q5\,^.(J5 Revisions to Ordiaanee Ne 2QQ4 218 (TDR OrdiaBneel\w02 <br />TDRamendedordiniaFlee cflanges 5 9 05 8helley.docC:\Doeuments BRd Settine:s\shelley\Local Settingr,\Temoorary <br />Internet Files\OLK98\w02 TDRamendedordiniance el'langes 5 9 05.doeU :\.\. TTOR.-"mY\.\.ssignn'lents\2005\u^.05 <br />Revisions te OraiflaFlee No 2004 218 (TDR Ordinaflee)\",..02 TDRameflde6enliflianee 6BaflgeS HIV.' 5 5 <br />05.docC:\Documents and Settine:s\Home I \-1\1 'I' Doeuments\SBelle'Y'\TDRamefldedordinianee ehane:es.doc <br />