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<br />approval was granted prior to the adoption of this Ordinance, pursuant <br />to which a permit has been issued, that site shall not be available as a <br />Receiver Site, unless the prior approval is revoked or abandoned by <br />the Applicant and a new development order is secured hereunder. <br /> <br />b. Development Limitations Upon Receivin2: Sites. <br /> <br />(1 ) Development rights on a RFeceiving Ssite shall be limited by a <br />combination of the underlying zoning regulations, approved <br />bonuses and allowable development rights transferable to the <br />land in the Receiving Sites. Notwithstanding anything to the <br />contrary, and in accordance with the Comprehensive Plan, <br />neither the transferable density or intensity of permitted uses <br />shall Hffi-exceed thirty percent (30%) of the maximum <br />residential density permitted on the Receiver Site and in no <br />case shall the resulting density bonus increases on any given <br />Receiver Site exceed the number of dwelling units attainable <br />on the Sender Site( s) under these plan provisions so as to <br />assure no net increase in City-wide residential dwelling unit <br />Comprehensive Plan capacities. Furthermore, the maximum <br />amount of undeveloped floor area that may be transferred from <br />a Sender Site to a Rfeceiving Ssite shall not exceed thirty <br />percent (30%) of the base floor area ratio plus bonuses <br />allowable on the RFeceiving Ssite pursuant to baOO <br />Development Regulations the LDRs in effect at the time <br />application is filed. <br /> <br />(2) Parking and all other requirements of the LDRs shall be <br />required in accordance with any additional density acquired <br />through the transfer of development rights. If a property o\vner <br />of a Receiver Site avails itself of the parkin€: buy dovm <br />provided in Section 265 16A(2) (b), that calculation shall bc <br />made on the base zoning plus bonuses but shall not include <br />TDRs. <br /> <br />(3) All TDRs purchased or transferred shall be used within 24 <br />months from the date of rendition of the authorizing City <br />Commission resolution, or all such TDRs shall thereafter be <br />fully extinguished and there shall be no refunds from the City. <br /> <br />(4) The transfer of development rights to a RFeceiving Ssite shall <br />not decrease required open space, buffers, setbacks or cause a <br />request for variances or any other adverse impact to <br />surrounding sites or any increase to allowable height. if <br />applicable. <br /> <br />02004 218 ,^.m.d TORs Sec. 265 23U:\Citv Clerk\Ordinances\Orafts\Oraft 02005- TOR Amend 02004-218 Marked 7 <br />2nd Rdg.docU:'u\TTORNEY\.^.ssigflmeRts'2005\1'.05 Re'iisiefts to OrdiRBflce No 2001 218 (TOR OrdiHaHcel\w02 <br />TORamendeaerdiRianee ehanges 5 9 05 Shelley.doeC:\OeclimeRts and SettiRgs\shelley\Lecal SettiRl1:s\Temperary <br />lRtemet Files\OLK98\Vi02 TORiimendeaenliflianee ehaflges 5 905.decU:\ATTORNEY\.^,ssigRmeflts\2005'u^,05 <br />Re'iisiofls to OrEliaance No 2001 218 (TOR OrdiRaRce)\w02 TORameflEledordiniaRce chaRges EN'^, 5 5 <br />05.decC:\Documeflts and SettiRcs\Homel \My Oeeliments\Shellev\TDRiimendederdiHiaRce chaRges. doc <br />