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P&Z member Sam Zimmerman asserted that there must be some reasonable incentives <br />for it to make financial sense for a developer to purchase the TDR's. <br />(Clerk's Note: Mr. Zimmerman exited the meeting at this time). <br />Mike Gray, Vero Beach, acknowledged Mr Zimmerman's points, adding that the New <br />Town concept must be economically viable to developers, and that having to buy TDR's would <br />doom the plan to failure. <br />Mr. Paladin presented his idea to create a mitigation bank for the TDR's. <br />Director Keating continued his presentation, focusing on policies found in Objective 9. <br />He outlined the following new policy requiring design guidelines for new residential <br />Planned Developments (PD's). <br />OBJECTIVE 9 Promote Aesthetic Development <br />Through the implementation of land development regulations, Indian River County will <br />have aesthetically pleasing buildings, signs, landscaping, parking areas, and roads. <br />POLICY 9.14: To combat monotony in single-family residential developments, the <br />County shall adopt development regulations requiring that applicants submit design <br />guidelines for all new residential planned developments. Such guidelines shall be project - <br />specific and require approval by the Planning and Zoning Commission prior to release of <br />development plans for construction. PD design guidelines shall address all of the <br />following criteria: <br />• garage placement and scale; <br />• variations in building placement; <br />• frequency of use for a model within the same subdivision; <br />• building materials (facade and roof); <br />• building massing and architectural details that relate to articulation; <br />• the project's appearance from adjacent public streets; <br />• internal streetscape; <br />• enforcement mechanisms; and <br />• any additional requirements deemed necessary by the Planning and Zoning <br />Commission to limit residential monotony within the project. <br />6 <br />April 19, 2010 <br />