Laserfiche WebLink
._ <br />allowable, upon approval by the Board of County Commission- <br />ers, to transfer a portion or all of the maximum residential <br />density permitted in environmentally sensitive lands to <br />approved upland areas within the boundaries of the Planned <br />Residential Development. Density transfers shall be specif- <br />ically limited to those requests for PRD special exception <br />approval. <br />i. Areas Eligible to Receive Transfer of Densit . Density <br />transfers may only be applied to areas within the same <br />PRD site. Any area receiving the transfer of density <br />shall have been determined not to be environmentally <br />sensitive and further shall have been deemed suitable <br />for residential development. <br />ii. Limitations on Density Transfers; Transitional Area <br />Density Credit. The maximum density permitted on the <br />upland area receiving the density transfer shall not <br />increase by more than fifty (50%) percent. Transition- <br />al areas which are not designated environmentally <br />sensitive shall not be developed, however, they shall <br />be considered upland for the purpose of computing <br />maximum dwelling unit computation under paragraph 5 <br />below. <br />iii. Limitations on Open Space Credit. Whenever a PRD <br />specia exception has been approved for a density <br />transfer, the environmentally sensitive area shall <br />count for no more than twenty (20%) percent of the open <br />space required for the upland area. <br />iv. Recording of Transfer; Deed Restrictions Required. The <br />Final PRD plat and site plan shall clearly designate <br />those areas which have received density transfers and <br />those environmentally sensitive lands which have had <br />density transferred, together with such restrictions on <br />the development of the transitional areas necessary to <br />assure protection of the environmentally sensitive <br />resource. All such documents shall be in a form <br />satisfactory to the County Attorney. <br />v. Additional Requirements and Safeguards. In approving <br />the transfer of density from environmentally sensitive <br />lands to upland areas. the Board of County Commission- <br />ers may require land use limitations and restrictions <br />beyond those specifically included herein in order to <br />adequately preserve and protect the unique natural <br />resources of Indian River County. Any such require- <br />ments shall be documented in writing and become part of <br />the special exception approval. <br />5. Maximum Dwelling Unit Computation. For the purpose of this <br />provision, the maximum number of dwelling units allowable within <br />the PRD shall be computed as follows: <br />a. Gross area of the PRD in acres <br />b. Minus areas designated for non- <br />residential land uses <br />c. Minus the total area of environ- <br />mentally sensitive lands from <br />which density is to be transferred <br />d. Equals the effective base resi- <br />dential area <br />e. Multiplied by the approved density <br />for the upland portion of the <br />acres <br />acres <br />acres <br />= acres <br />BOOK 5 NA 60 <br />