Laserfiche WebLink
Manager and/or his designee shall review the bonus participation unit price <br /> set forth herein every two years. <br /> Section 2. Amendment to Section 265-35. <br /> (9) Floor area ratio. <br /> (c) Floor area ratio bonuses. The-maximum floor area ratio permitted may be increased <br /> only in accordance with the following provisions and limitations and in <br /> conformance with the allowable limits set under the adopted Sunny Isles Beach <br /> Comprehensive Master Plan. <br /> [1] Beach access bonus. Subsection D(9)(c)[1][a], Access easement, set forth <br /> herein below, as specifically defined in § 265-35D(8) hereinabove, must be <br /> attained to qualify for any additional floor area ratio bonuses as provided in <br /> this section. <br /> [b] Beach access trust fund contribution. Unless waived by the City <br /> Commission per Subsection D (9)(c)[1][a] herein above and <br /> provided that the beach access easement has been proffered as set <br /> forth in Subsection D (9)(c)[1][a], an additional increase in F.A.R. <br /> of 0.05 shall be granted for each participation unit contributed to a <br /> beach trust fund established and administered by the City of Sunny <br /> Isles Beach up to a maximum additional 0.20 F.A.R. bonus. A <br /> system of pedestrian walkways and shuttle bus facilities to provide <br /> oceanfront open space is a public policy objective of the adopted <br /> City of Sunny Isles Comprehensive Plan. A participation unit, for <br /> the purpose of beach access enhancement bonus, shall be equal to <br /> $200,000 $1-00,000 and may be adjusted from time to time by the <br /> City Commission pursuant to a recommendation by the City <br /> Manager. The cost of a participation unit shall be determined by the <br /> amount of participation units purchased at the unit price multiplied <br /> by the total number of acres contained in the subject parcel. <br /> Additionally, the City Manager and/or his designee shall review the <br /> bonus participation unit price set forth herein every two years. If <br /> City Commission waives the provision of an access easement for <br /> safety reasons as provided in Subsection D(9)(c)[1][a] above, the <br /> total beach access bonus achieved through trust fund contributions <br /> shall not exceed 0.30. <br /> [2] Public beach recreations enhancement bonus. The floor area ratio shall be <br /> increased for developments that participate in the City's Beach Recreational <br /> Enhancements Trust Fund as established and administered by the City for <br /> the purposes of implementing oceanfront capital improvements. A bonus of <br /> Ordinance Amendine Sections 265-34.35.36 and 38 2 <br /> Words underlined are added.words stricken are deleted. <br />