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HomeMy WebLinkAboutOrdinance 2014-425 ORDINANCE NO. 2014- 'Z5 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AMENDING SECTION 265-23 OF THE CITY CODE TO CLARIFY THE PROCESS TO EXTEND THE USEFUL LIFE OF TRANSFER OF DEVELOPMENT RIGHTS ("TDRS"); PROVIDING FOR REPEALER; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the purpose of Section 265-23 of the Code of Ordinances of the City of Sunny Isles Beach is to provide for greater flexibility in the pattern of development by allowing for the transfer of development rights (TDRs) from one parcel to another; and WHEREAS, this transfer of development rights is applicable in situations where the City Commission determines such transfers will assist in the renewal, rehabilitation and redevelopment of commercial, Town Center and beachfront property, or for the preservation and enhancement of open space, natural resources, concentration of public parking, or such other public purpose objectives; and WHEREAS, the City Commission wishes to amend Section 265-23 of the City Code to clarify the process to extend the useful life of TDRs by deleting certain restrictive time limitations of privately owned TDR transactions. NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part by this Ordinance upon adoption hereof Section 2. Amendment. Chapter 265-23 of the City Code is amended to read as follows: § 265-23: Transfers of development rights; definitions. G. Establishment of TDR Bank; limitations. (1) TDR Bank. The City Commission may by resolution adopt procedures for the establishment of a TDR Bank which shall be maintained and operated by the City Manager or designee, for the deposit and withdrawal/purchase by private developers of development rights and shall be retroactive to all TDR transactions. (a) An annual fee shall be established by resolution to be paid to the City by the depositor of privately owned TDRs or purchase for each transaction, to extend the time frame for withdrawals from the TDR Bank. (2) Time limitations on private TDR transactions. All privately owned development rights shall be deposited in the TDR Bank as provided in this subsection. Withdrawals of TDRs from the TDR Bank must occur no later than five years from the date of the City Commission action approving the applicable sending site in accordance with § 265-23C(3)(f) hereinabove, unless the time frame for withdrawals is extended pursuant to §265-23 (G) (1) (a). Each depositor, at time •• - -• • , • - - . . . - .• - • •:- if any, to assert any • - • • - _ - " =.. . . Private TDRs shall be utilized within five years from the date of withdrawal from the TDR Bank provided that no extension is granted. -- • . • . - -- •- . • • • •. - . • . - DRs for a period up to two years. If an• extension is granted, the City Commission has the authority to impose an .. - 1,111 t - - .•Section 3. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clause, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Inclusion In The Code. It is the intention of the City Commission, and it is hereby ordained that the provisions of this Ordinance shall become and made a part of the City of Sunny Isles Beach Code; that the sections of this Ordinance may be renumbered or re-lettered to accomplish such intentions; and that the word "Ordinance" shall be changed to "Section" or other appropriate word, as required. Section 5. Repealer. All ordinances or part of ordinances in conflict herewith be and the same are hereby repealed Section 6. Effective Date. This Ordinance shall become effective upon adoption on second reading. PASSED and ADOPTED on first reading the 1-141" day of 2014. PASSED and ADOPTED on second reading the k 544' day of a.&.4, 2014. N•. an S. Edelcup, Mayor ATTEST: Jane A. Hines, MMC, ity Clerk APPROVED AS TO FORM AND , . • .UFFICIENCY: IA/Al irlWinot, City Attorney Moved by: A\Otesi Seconded by: ►�rviml ,Oy ( o Vote: I Mayor Edelcup .(Yes) (No) Vice Mayor Aelion 17(Yes) (No) Commissioner Gatto ✓(Yes) (No) Commissioner Levin I/(Yes) (No) Commissioner Scholl — S ew i (Yes) (No) W ' Z r •Y m a1 ri 2 ` {. g °'a c y 1 a a`5 M a C Lc 3 O C aJ 3 d 2,9_x,3_,,,-9 L ° N a) O O =rr YC7 =r a7 => L]y2LL =W J 0 C =LL O U(jj .y U i¢ E ,, ° N CO ULL U W W�22 t,)a2 U Z W W O O UJa ZOO UO W Z 2 N N �m E c o m a2 cr L 'CC CCCH aO a raen 1W- W°Z-ILL J QQUYLLO QNF- O_O cn -0 CJ -2aa =§ ca " _ m2' O ,,,'9 O U N W=r Q y' m W j Q CO y H U Q W r Z C7 U W H h A «o ° °~ °V cc 0 r•i �° O m -.F. mmyJ W p �i SOO LL z2_21 m-a Z2 W m Ur> Lj N� n v2'a9i a°i m E m U r2 W y wa°W 2Z_-• S �/JZZO> O E E w t ° V C C m Of Lu y 0_O W 0. W Q z a S W y Oy F. 2 W=U.LL>r W Q W p, CO O 2 2,‘2 ',T ' 83=15-=N O c� 3 T CNyC yYZOZ° N'� Want y1_ WU02 ...3 °O= yZpM d ., C 2 8.o78 . 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(305)949-31 13 Fax 114 99 * I°C' 5�,� (305)947-2150 Building Department Christopher J.Russo,City Manager r F o �� (305)947-5 107 Fax Hans Ottinot,City Attorney y o F sus " Jane A.Hines,MMC,City Clerk MEMORANDUM TO: Honorable Mayor and City Commission .. FROM: Hans Ottinot, City Attorney , •, DATE: April 17, 2014 RE: Ordinance Clarifying Process to Extend Useful Life of TDRs RECOMMENDATION This Ordinance is presented for your consideration. REASONS The purpose of the attached Ordinance is/clarify that the City Commission may extend the useful life of TDRs by requiring an annual fee which is subject to revision. I