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<br />iv, The transfer of development rights is desirable on the individual site being <br />considered for purposes of enhancing overall development and the sender site is <br />dedicated to public ownership or preserved for public purpose to a conservation <br />easement or other recordable mechanism, creating view corridors, improving <br />pedestrian environment, public right-of-way and publicly owned property, <br />accomplishing the public purpose that is consistent with the Comprehensive Plan and <br />Section 5 hereinabove. The sender site shall be dedicated to the public either by the <br />transfer of fee title to the City or perpetual deed restriction or easement. in a form <br />acceptable to the City. <br /> <br />111. The development on the receiving site shall be designed to produce an <br />environment of desirable character and harmony with the neighborhood, <br />resulting in a superior quality of development and open space relationships <br />with high standards for recreational and parking areas, The transfer of these <br />rights shall create a logical and superior pattern of development, which would <br />not otherwise occur if the property were developed without them. <br /> <br />If the City Commission finds the transfer of development rights on any given site meets the <br />foregoing criteria. it-shaH may approve. with or without conditions. by Ordinance. such <br />transfer. <br /> <br />d. Transfer Process. A hearing on the eligibility of a site to send or receive a transfer <br />of rights may occur simultaneously with the zoning application but the transfer may not <br />occur until a second public hearing has been held oeel:lrred and the City Commission has <br />made a determination within its sole discretion made its speeifie fiRdiRg as to all eriteria set <br />forth in subsectioR d hereiR aRd above. The actual conveyance shall require a separate public <br />hearing (second reading to be finally approved an the issuance of the ordinance approving <br />such transfer shall automatically change the TDR map. <br /> <br />e. Consultants. Hiring of consultants to review data including engineering, planning, legal, <br />appraisal, technical or environmental issue, shall be chargeable to the applicant in accordance <br />with Ordinance No, 2001-132, <br /> <br />f. Recordine: of Documents. Thirtv days after the passage of the Ordinance ap1>roving a <br />transfer of development rights. that transfer shall be recorded by the Applicant in the Public <br />Records of Dade County on both the sender and receiver sites and an irrevocable covenant <br />running against the land shall b e recorded on the receiving site including the additional <br />FAR. required parking and any other conditions imposed by the Commission. The owner of <br />the Receiver Site shall agree to bind itself. its successors and assigns of the property and <br />development with regard to all conditions and no changes may occur without approval by the <br />commission that was involved in the initial approval. In the event. no building permit is <br />issued within twenty-four (24) months from the date of approval. the TDRs reflected in the <br />public records shall be extinguished and the recorded documents shall contain a warning to <br />that effect so the any buyer of the property shall be so caveated, <br /> <br />Amendment of Section 515 <br /> <br />8 <br /> <br />9/25/2003 12:28 PM <br />