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<br />1. 265-234 fl).--Purposes and Applicability. <br /> <br />This section is intended to provide for greater flexibility in the pattern of <br />development by allowing for the transfer of development rights (unused floor <br />area and density) from one parcel to another where the City Commission <br />determines that~ (a) such transfers will assist in the renewal, rehabilitation, <br />and redevelopment of commercial, Town Center and beachfront property and <br />that-(b) preservation and enhancement of open space, natural resources, <br />historical and archeological resources, preservation of view corridors, <br />concentration of public parking, er-provision of educational or other public <br />purpose objective may be achieved through such shifts in the development <br />pattern. <br /> <br />2. 265-23.2 ~ Definitions~7 <br /> <br />As used in this section, the following terms shall have the meanmgs <br />indicated: <br /> <br />Administrator: shall mean Ithe Planning and Zoning Administrator. <br /> <br />Bank Statement: shall mean --Ithe statement used to record deposits and <br />withdrawals from the TDR Bank, as herein defined, in accordance with this <br />Section. <br /> <br />Comprehensive Plan: The Comprehensive Plan of the City of Sunny Isles <br />Beach, Florida, as adopted October, 2000. <br /> <br />LDRs: Land development Development regulations Regulations of the City <br />of Sunny Isles Beach, adopted December 10, 2002, as the same may be <br />amended from time to time, consistent with the Comprehensive Plan of the <br />City of Sunny Isles Beach. <br /> <br />Receiving DistrietsSites (also referred to as "Receiver Sites"): Areas <br />within the corporate boundaries of the City that are permitted to receive <br />transferable development rights as defined in the City's Comprehensive Plan. <br /> <br />Sending Sites (also referred to as "Sender Sites:): Any areas within the <br />corporate boundaries of the City that are permitted to transfer development <br />rights as permitted by and as set forth herein provided that such site shall be <br />deemed by the City Commission to be appropriate or advisable for use as <br />open space, parks, park amenities or recreational facilities or parking for those <br />facilities (hereinafter individually and collectively referred to as "a park: or <br />:parks" as the case may be.~). Any site to be used for any purpose other than a <br /> <br />02001 218 Amd TDRs See. 265 23U:\City Clerk\Ordinances\Drafts\Draft 02005- TDR Amend 02004-218 Marked 2 <br />2nd Rdg.docU:\..^.TTORNEY\,\ssignmeRts\2005\A05 ReyisieRS to Orainance No 2001 218 (TDR OraiRancel\w02 <br />TDRameRdedordiniance ehang:es 5 9 05 Shelley.docC:\DecHments afld SettiRcs\shelley\Local Setting:s\TeffitlefafY <br />Internet Fi1es\OLK98\w02 TDRameRaeaerainiance changes 5 905.aeeU:\..^.TTORNEYV.ssiemnents\2005\A05 <br />Reyisiofls to Ordinance Ne 2001 218 (TDR Oraiflaflce)\w02 TDRamenaedordiniance changes EN'.V 5 5 <br />05.docC:\DocUlfleflts and Settin~s\Heme I \M'I Decuments\Shelle,'\TDRameRdedordiRianee eaanges.doc <br />