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<br />-f) _amount of consideration, -including purchase price of <br />the property, an executed closing statement, or, an <br />executed copy of the purchase and sale contract if <br />Applicant is a contract purchaser; <br /> <br />g) _a general description of the manner in which the project <br />shall be constructed, impact if any of the transfer of <br />development right to adjacent properties, copies of any <br />covenants affecting the Rfeceiving .s.site(s); and <br /> <br />h)_ any other agreements required by the -baftEl <br />Development RegulationsLDRs and this Section or that <br />may be reasonably requested by the City Manager or <br />other reviewing agencies. <br /> <br />b. _Review and Reeommendation by Planning and ZaRing <br />Administrator. The Planning and Zoning Administrator shall review <br />the application and shall forward its \witten findings of facts und <br />recommendations iLto the City Commission together with all site <br />plans. <br /> <br />The application shall be subject to the same notice and hearing <br />requirements applicable to zoning applications under the Land <br />Development Regulations. <br /> <br />c. _Scheduling of Hearing. Prior to the scheduling of a hearing to <br />consider the transfer of development rights to a Receiver Site, all <br />required documentation and all required fees, as described in this <br />Section, shall have been submitted to the City in a timely fashion and <br />reviewed and approved by City staff. <br /> <br />d. _Review and Approval by City Commission. The City Commission <br />after reviewing the application und the written findings and <br />recommendations of the Planning and Zoning Administrator may, in <br />its sole discretion, approve with modifications or conditions, approve <br />less than the full amount of requested TDRs, in which case the <br />Applicant shall return to the City Commission with revised site plan <br />for its further consideration or deny the application for transfer of <br />development rights. <br /> <br />fi}!.lh..-It is understood that until a transfer of development rights is so <br /> <br />approved by the City Commission, said TDRs have no intrinsic <br /> <br />or inherent value and cannot be considered as a "matter of <br /> <br />right" in the valuation of any potential Sender or Receiver Site. <br /> <br />Further, such transfers are subject to all the terms and <br /> <br />02001 218 }.md TDRs See. 265 23U:\Citv Clerk\Ordinances\Drafts\Draft 02005- TDR Amend 02004-218 Marked 13 <br />2nd Rdg.docU:lu-\TTORNEY\,\ssignmentsI2005\,\05 Revisions to Ordinance No 2001218 (TDR Offlinance)\w02 <br />TDRamendeaerdiniance chanees 5 9 05 Shelley.doeC:IDoeliments and Settines\shelley\Loeal Settines\Teffil:lerary <br />Internet Piles\OLK981?N02 TDRamendedordiniance chan~es 5 9 05.aecU:\ATTORNEYlu-\Gsicarnents\2005Iu\05 <br />Revisi8ns to Ordinance Ne 2001 218 (TDR Ordiflanee)\wQ2 TDRamendederdiniance changes ENW 5 5 <br />05.docC:\Doeurnents and Settines\Heme I \MoI Docl-lments\Shellcy\TDRamendedordifliance ehanges.doc <br />