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HomeMy WebLinkAboutOrdinance 2004-192 ORDINANCE NO. 2004- Iq Z. AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AMENDING SECTIONS 265-34, 265-35, AND 265-36 OF THE ZONING. CODE TO INCREASE THE PRICE OF A BONUS PARTICIPATION UNIT FROM $14,000 TO $35,000 IN CERTAIN ZONING DISTRICTS; PROVIDING FOR A REPEALER; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Office of City Manager has conducted an analysis of the bonus system utilized by the City; and WHEREAS, the City Commission has determined that the price for a participation unit in the bonus system should be increased based on the analysis prepared by the Office of the City Manager. NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. (a) Section 2. Amendment to Section 265-34. Public streetscape bonus. The floor area ratio shall be increased for developments that participate in the City's Streetscape Trust Fund as established and administered by the City of Sunny Isles Beach for the purposes of implementing capital improvements public streetscape improvements and pedestrian system design and safety enhancements for public streets including local, collector, secondary and primary arterial roadways and public shorelines in the City are policy objectives of the adopted City of Sunny Isles Beach Comprehensive Plan. A bonus of 0.05 increase in EA.R. shall be granted for each participation unit contributed to the capital improvement fund for roadway enhancements up to a maximum additional 0.50 EA.R. bonus. Additional bonus floor area ratio up to 2.5 may be allowed for properties without water frontage. A "participation unit" for the purpose of the public streetscape enhancement bonus shall be equal to $35.000 and may be adiusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 adjl:1sted 8flnually based OR tHe COflsumer price iadex, Imlltiplied by the total number of acres eontafRed in the subject pareel. Amendment to Section 265-35. [b] Beach access trust fund contribution. Unless waived by the City Commission per Subsection D (9)(c) [1] [a] herein above and provided that the beach access easement has been proffered as set forth in Subsection D (9)(c) [1] [a], an Ordinance Amending Sections 265-34, 35, and 36 1 Words underlined are added, words 5tftelreIl are deleted. additional increase in F.A.R. of 0.05 shall be granted for each "participation unit" contributed to a beach trust fund established and administered by the City of sunny Isles Beach up to a maximum additional 0.20 EAR. bonus. A system of pedestrian walkways and shuttle bus facilities to provide oceanfront open space is a public policy objective of the adopted City of Sunny Isles Comprehensive Plan. a " participation unit" for the purpose of beach access enhancement bonus shall be equal to $35, 000 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 adjusted tmRaally based on the eonsumer price index, multiplied by the total namber of acres contained in the sabject par<;el. If City Commission waives the provision of an access easement for safety reasons as provided in Subsection D (9)(c) [1] [a] above, the total beach access bonus achieved through trust fund contributions shall not exceed 0.30. [2] Public beach recreations enhancement bonus. The floor area ratio shall be increased for developments that participate in the City's Beach Recreational Enhancements Trust Fund as established and administered by the City for the purposes of implementing oceanfront capital improvements. A bonus of 0.05 increase in the EAR. shall be granted for each "participation unit" contributed to the capital improvement fund designated for beach enhancements up to a maximum additional 0.50 EAR. bonus. A " participation unit" for the purpose of the beach recreational enhancement bonus shall be equal to $35.000 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 adjasted aflBually based on the COBSUffier price index, ffi1:lltiplied by the total n\::lmber of aeres comained in the sabjeet parcel. [3] Collins A venue public streetscape enhancements bonus. The floor area ratio shall be increased for developments that participate in the City's Collins Avenue Streetscape Enhancements Trust Fund as established and administered by the City for the purposes of implementing capital improvements. Public streetscape improvements and pedestrian system design and safety enhancements for Collins A venue are policy objectives of the adopted City of Sunny Isles Beach Comprehensive Plan. A bonus of 0.05 increase in the EAR. shall be granted for each "participation unit" contributed to the capital improvement fund designated for beach enhancements up to a maximum additional 0.30 EAR. bonus. A "participation unit" for the purpose of the Collins A venue streetscape enhancement bonus shall be equal to $35.000 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 adjasted aBnually based on the COBS\::lmer price iBdex, multiplied by the total namber of acres contained in the subject parcel. [4]. Sunny Isles public parking bonus. The floor area ratio shall be increased for developments that participate in the City's Beach Public Parking Trust Fund as established and administered by the City for the purposes of implementing capital improvements for public parking. Public parking resources, in particular, west of Collins A venue, as a component of infrastructure improvements to facilitate Ordinance Amending Sections 265-34, 35, and 36 2 Words underlined are added, words ~ are deleted. public access to the oceanfront, is a policy objective of the adopted City of Sunny Isles Beach Comprehensive Plan. A bonus of 0.05 increase in the F.AR. shall be granted for each "participation unit" contributed to the capital improvement fund designated for beach enhancements up to a maximum additional 0.20 F.AR. bonus. A " participation unit" for the purpose of the public parking trust fund bonus shall be equal to $35.000 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 adjusted anooally based on the consumer price inBex, maltipliea by the total number of acr-es contained in the sebject pai"-eel. Section 3. Amendment to Section 265-36. Site development standards. (1) Floor area ratio. Except as provided herein below, the maximum floor area ratio shall be 2.0 for all uses. The floor area ratio may be increased only in accordance with the following bonus provisions and limitations and in accordance with the following bonus provisions and limitations and in accordance with the adopted Sunny Isles Beach Comprehensive Plan. (b) Sunny Isles public parking bonus. The floor area ratios shall be increased for developments that participate in the City's Beach Public Parking Trust Fund as established and administered by the City for the purposes of implementing capital improvements for public parking. Public parking resources in particular, west of Collins Avenue, as a component of infrastructure improvements to facilitate public access to the oceanfront, is a policy objective of the adopted City of Sunny Isles Beach Comprehensive Plan. A bonus of 0.05 increase in the F.AR. shall be granted for each "participation unit" contributed to the capital improvement fund designated for beach enhancements up to a maximum additional 0.25 F.AR. bonus. A "participation unit" for the purpose of the public parking trust fund bonus shall be equal to $ 35.000 and may be adjusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $14,000 a6jl:lsted annually based on the consumer price iBdex maltipliea by the total number of acr-es contained in the subject pai"eel. (c) Collins A venue/Sunny Isles Boulevard public streetscape enhancement bonus. The floor area ratio shall be increased for developments that participate in the City's Public Streetscape Enhancement Trust Fund as established and administered by the City for the purposes of implementing capital improvements. A bonus of 0.05 increase in the F.AR. shall be granted for each participation unit contributed to the capital improvement trust fund designated for beach enhancements up to maximum additional 0.30 F.AR. bonus. A " participation unit" for the purpose of the streetscape enhancement Ordinance Amending Sections 265-34, 35, and 36 3 Words underlined are added, words stfiekeft are deleted. bonus shall be equal to $35.000 and may be adiusted from time to time by the City Commission pursuant to a recommendation by the City Manager. $11,000 adjusted aRfll:lally based on tbe conS\:lmer price index, multiplied by the total number of acres contained in the subject parcel. Section 4. Repealer. All ordinances, or parts of ordinances in conflict herewith be, and the same, are hereby repealed Section 5. Severability. If any section, subsection, clause or provision of this Ordinance is declared invalid or unconstitutional by a court of competent jurisdiction, the remainder shall not be affected by such invalidity. Section 6. Effective Date. This Ordinance shall be applied prospectively, and will become effective ten (10) days after adoption at second reading. +" PASSED and ADOPTED on first reading the li day of ~~~bev, 2003 PASSED and ADOPTED on second reading this ~1ax o~ Ml..4, 2004. ATTEST: . "'-'~ f\ .~ Jane A. Hines, City Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Moved by: G~",^,~s.\Of\)~ 'I6L-E~/#lS Second by: CoI'W\"",S'S-tOf\)u. ~~ VOTE: 5-0 Mayor Norman S. Ede1cup Vice Mayor Gerry Goodman Commissioner Roslyn Brezin Commissioner Daniel Iglesias Commissioner Lewis Thaler (yes) V (yes) ~ (yes --1.L' (yes) ---t.L' (yes) =-v (no_ (no)_ (no)_ (no)_ (no)_ Ordinance Amending Sections 265-34, 35, and 36 4 Words underlined are added, words sti'iekeB are deleted. r NNY ts( City of Sunny Isles Beach CityCommissia Fs Yorman S.Edelcup, Mayo ; �, 17070 Collins Avenue, Suite 250 Gerry Goodman, vice Mayo Sunny Isles Beach, Flonda 33160 Roslyn Brezin,Commissione ��� ,4 = Danny Iglesias,Commissione + Lewis Thaler,Commissione • ` ` (305)947-0606 City Hall �'Dy` - P� (305) 949-3113 Fax Christopher J.Russo,City Manage O r :„. 9,,..::-F C FLOW O S� (305) 947-2150 Building Department Lynn M.Dannheisser,City Attorne rY of suN "`� (305) 947-5107 Fax Jane A.Hines,City Clen Memorandum TO: The Honorable City Commission FROM: Christopher J. Russo, City Manager DATE: December 18, 2003 RE: ORDINANCE AMENDING THE ZONING CODE TO INCREASE THE PRICE OF A BONUS PARTICIPATION UNIT RECOMMENDATION: It is recommended that the City Commission adopt the attached Ordinance setting the price of a Bonus Participation Unit at Thirty-Five Thousand Dollars ($35,000) in certain zoning districts within the City. REASON(S): The zoning code was compiled through the efforts of the Citizens' Planning Committee and our consultant planner, Jack Luft, almost four years ago. At that time, the City was in the process of formulating its long-term capital improvement needs and the cost of real estate and dwelling units was substantially less than it is today. The common thinking at the time was an average unit size substantially smaller than is currently contemplated today, along with substantially lower per-square foot dollar value of new construction. The City now has a track record of development and real estate costs in addition to a long term Capital Improvement Program and projections as to the long term needs of the City which necessitate a closer nexus between the value of the bonus program and the Capital Improvement Program. Conceptually speaking, we looked at the projects approved and planned for the City in relationship to the value of transferable development rights, base zoning and the bonus program. All were looked at in relationship to the per-unit cost. Calculations of bonuses based on land value, estimates from assessed value projections of bonuses to be applied for projects over the next three to five years were also taken into consideration. Value totals in each category of bonuses were looked at utilizing bonus value per participation unit, based on current land values. In addition, the City calculated its Agenda Item 8 , -2, Date UL The Honorable City Commission December 18, 2003 Page 2 estimated total cost of capital projects, both planned and anticipated, as part of a long term goals and objectives that have been stated over time by the City Commission. This was looked at in relationship to land value and costs of participation units based on . current construction and square footage value of property. Bonus numbers were adjusted downwards to strike a balance between its per-unit relationship to land values versus the capital improvement needs of the City. In other words, the City's projected capital improvements are not as high as the full market land value, therefore the costs per square footage or unit, depending on how you want to look at it, for a bonus will still remain substantially less than the cost for a TDR. The existing bonus system category shall remain intact. They are beach access (which has no fee associated with the bonus program). Beach access trust fund which is .05 per participation unit for a maximum of .20 FAR; public beach recreation which has a .05 per participation unit for a maximum of .50 FAR; Collins Avenue Streetscape which has a .05 per participation unit for a maximum of .30 FAR; Sunny Isles Public Parking bonus which has a .05 per participation unit, maximum .20 FAR; and lastly, public oceanfront park bonus which has a .20 FAR for dedication of 10,000 square feet of beach park land to be used at the City's discretion. These categories remain the same for the MU-R district and for the applicable bonuses in the RMF-2 and B-1 districts, Under the previous RU-4A zoning from the County, .02 represented a unit of participation, which, at the time contemplated the average size of 871 square feet. That number is now .05 per participation unit for an average of 2178 square feet. For each .05 participation unit a developer is able to achieve 2.5 units at the 871 square feet which was the minimum size unit allowed under the old zoning. Therefore, when you divide the 871 by the $14,000 that would equal $16 per square feet. However, the square foot dollar amount was reduced when the value of the square foot was based on a participation unit of .05, which would result currently in a value of $6.42 per square foot. Extremely low as we all know. Following through with this thinking, you may deduct that if the .02 density increase in FAR bonus is increased to the .05 as proposed, the value of the FAR bonus per participation unit is increased accordingly which would result in a division between .02 and .05 per participation unit which would equal 2.5 units times the current participation unit cost of $14,000 which equals the $35,000 per participation unit. This valuation is still far less than the current market value per square foot of property, however it does balance the nexus between the City's long-term improvement needs and the cost of the bonus program. ADDITIONAL INFORMATION: I want to acknowledge and commend Jorge Vera for his assistance in this analysis. I had originally come up with the conceptual process and nexus between the Capital Improvement Program and the bonus program for which the final analysis was based on. Through his diligent work with the numbers, and our joint efforts with regard to the long term projections of capital needs within all the categories of our zoning ordinance Bonuses, we were able to come up with a balanced rationale for this increase to update the original calculations arrived at years ago through the planning process. CJR:ch C, 7