R5AP - Create Urban Core Overlay Residential Incentives

URBAN CORE RESIDENTIAL INCENTIVES PLAN - COMP PLAN AMENDMENT AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING THE CITY OF MIAMI BEACH YEAR 2050 COMPREHENSIVE PLAN PURSUANT TO THE SMALL SCALE AMENDMENT REVIEW PROCESS OF SECTION 163.3187(1), FLORIDA STATUTES, TO CREATE THE "URBAN CORE OVERLAY DISTRICT" BY AMENDING THE "RESILIENT LAND USE & DEVELOPMENT ELEMENT," GOAL RLU 1, ENTITLED "LAND USE," OBJECTIVE RLU 1.1 THEREOF, ENTITLED "ESTABLISHMENT OF FUTURE LAND USE CATEGORIES," AT TABLE RLU 1.1 TO CONFORM TABLE RLU 1.1 WITH THE AMENDED FLOOR AREA RATIO (FAR) REGULATIONS FOR THE RESPECTIVE FUTURE LAND USE CATEGORY; BY AMENDING POLICY RLU 1.1.10, ENTITLED "HIGH INTENSITY COMMERCIAL (CD-3)," TO PROVIDE FAR INCENTIVES TO ENCOURAGE THE DEVELOPMENT OF NON-TRANSIENT RESIDENTIAL USES FOR APPLICABLE PROPERTIES LOCATED IN THE URBAN CORE OVERLAY DISTRICT; BY AMENDING THE FUTURE LAND USE MAP TO INCLUDE THE "URBAN CORE OVERLAY DISTRICT" IN THE AREA LOCATED ON WASHINGTON AVENUE FROM 16TH STREET TO LINCOLN ROAD; BY AMENDING OBJECTIVE RLU 1.2, ENTITLED "LAND USE REGULATION," TO AMEND POLICY RLU 1.2.8, ENTITLED "RESIDENTIAL USE INCENTIVES," TO AMEND THE MINIMUM STANDARDS FOR OBTAINING THE FAR INCENTIVES SET FORTH IN THIS ORDINANCE; AND PROVIDING FOR CODIFICATION, REPEALER, SEVERABILITY, TRANSMITTAL AND AN EFFECTIVE DATE.