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RESOLUTON NO. R-98-119 RESOLUTON APPROVNG ZONNG PETTON TDR97-72 TRANSFER OF DEVELOPMENT RGHTS (TDR) PETTON OF THOROUGHBRED LAKE ESTATES, LTD. BY KERAN KLDAY, AGENT THOROUGHBRED LAKES ESTATES WHEREAS, the Board.of County Commissioners, as the governing body of Palm Beach County, Florida, pursuant to the authority vested in Chapter 163 and Chapter 125, Florida Statutes, is authorized and empowered to consider petitions relating to the Unified Land Development Code; and WHEREAS,the notice and hearing requirements, as provided for in Article 5 (Development Review Procedures) of the Palm Beach County Unified Land Development Code (Ordinance 92-10, as amended), have been satisfied; and WHEREAS, Zoning Petition TDR97-72 was presented as a development order to the Board of County Commissioners at a public hearing conducted on January 8, 1998; and WHEREAS, the Board of County Commissioners has considered the evidence and testimony presented by the petitioner and other interested parties, the recommendations of the various county review agencies, the recommendation of the Land Use Advisory Board, and the recommendation of the Zoning Commission; and WHEREAS, the Board of County Commissioners made the following findings of fact: 1. Pursuant to Section 6.10.H. of the ULDC, the Planning Division has established a County TDR Bank with TDR Units accumulated through the purchase of property under the Environmentally Sensitive Lands Program; and 2. Revenue from the TDR Bank are earmarked for the acquisition and management of environmentally sensitive lands and wetlands; and 3. Pursuant to Section 6.10.H.4.b. of the ULDC, the Planning Division and the Land Use Advisory Board (LUAB) have recommended that the sale price for a TDR Unit associated with the Thoroughbred Lakes Estates PDDTTDR97-72 be in the amount of $5,575.00; and 4. Pursuant to Section 6.10.1. of the ULDC, the PDDlTDR97-72 qualifies as a TDR Receiving Area; and 5. Pursuant to Section 6.10.K.3.e. of the ULDC, there are five standards which must be complied with in order to use the TDR Program and each of the five standards has been complied with; and Page 1

WHEREAS, Section 5 of the Palm Beach County Unified Land Development Code requires that the action of the Board of County Commissioners be adopted by resolution. NOW, THEREFORE, BE T RESOLVED BY THE BOARD OF COUNTY COMMSSONERS OF PALM BEACH COUNTY, FLORDA, that Zoning Petition TDR97-72 the petition of Thoroughbred Lake Estates, Ltd. by Kerian Kilday, agent, for a Transfer of Development Rights (TDR) for 116 units on a parcel of land legally described in EXHBT A, attached hereto and made a part hereof, and generally located as indicated on a vicinity sketch attached as EXHBT B, attached hereto and made a pari hereof, and generally located as shown on a vicinity sketch as indicated in EXHBT B, attached hereto and made a part hereof, was approved on January 8, 1998, subject to the conditions of approval described in EXHBT C, attached hereto and made a part hereof. Commissioner Roberts moved for the approval of the Resolution. The motion was seconded by Commissioner Foster and, upon being put to a vote, the vote was as follows: Burt Aaronson, Chair -- Absent Maude Ford Lee, Vice Chair -- AY e Ken Foster -- AY e Karen T. Marcus -- Aye Mary McCarty -- Absent Warren Newell -- Absent Carol A. Roberts -- Aye The Chair thereupon declared that the resolution was duly passed and adopted on January 29, 1998. APPROVED AS TO FORM AND LEGAL SUFFCENCY PALM BEACH COUNTY, FLORDA BY TS BOARD OF COUNTY COMMSSONERS DOROTHY H. WLKEN, CLERK J&,cpi~ BY,: DEPUTY CLERK Page 2

EXHBT A LEGAL DESCRPTON THOROUGHBRED LAKE ESTATES PUD LEGAL DESCRPTON: A PARCEL OF LAND STUATED N SECTON 36, TOWNSHP 44 SOUTH, RANGE 41 EAST, PALM BEACH COUNTY, FLORDA, BENG A PORTON OF BLOCK 35, PALM BEACH FARMS COMPANY PLAT NO. 3, AS RECORDED N PLAT BOOK 2, PAGES 45 THROUGH 54, NCLUSVE, OF THE PUBLC RECORDS Of SAD PALM BEACH COUNTY, BENG MORE PARTCULARLY DESCRBED AS FOLLOWS: COMMENCNG AT THE SOUTH 1/4 SECTON CORNER OF SAD SECTON 36, THENCE N02"03'38"E ALONG THE NORTH-SOUTH QUARTER SECTON LNE OF SAD SECTON 36, A DSTANCE OF 133.98 FEET; THENCE S87"5622"E A DSTANCE OF 55.00 FEET TO A LNE 55.00 FEET EAST OF AND PARALLEL WTH SAD NORTH-SOUTH QUARTER SECTON LNE, AND THE PONT OF BEGNNNG. FROM THE P M OF BEGNNNG, THENCE N02O03'38''E ALONG SAD PARALLEL LNE, A DSTANCE OF 2253.67 FEET TO A LNE 47.00 FEET SOUTH OF AND PARALLEL WTH THE NORTH LNE OF TRACTS 17 THROUGH 20, OF SAD BLOCK 35; THENCE N89"03'39"E ALONG LAST SAD PARALLEL LNE, A DSTANCE OF 2390.15 FEET TO THE WEST RGHT-OF-WAY LNE OF STATE ROAD 7 (US 441) AS RECORDED N OFFCAL RECORD BOOK 6676, PAGE 186 OF SAD PUBLC RECORDS; THENCE SO1 "29'08"W ALONG SAD WEST RGHT-OF-WAY LNE, A DSTANCE OF 50.04 FEET TO A LNE 97.00 FEET SOUTH OF AND PARALLEL WTH SAD NORTH LNE OF LOTS 17 THROUGH 20; THENCE S89"03'39"W ALONG THE LAST SAD PARALLEL LNE, A DSTANCE OF 942.89 FEET TO THE EAST LNE OF LOT 19; THENCE SOO"59'30"E ALONG SAD EAST LNE OF LOT 19, THE EAST LNE OF LOT 22 AND TS EXTENSON ACROSS THE PLATTED PALM BEACH FARMS COMPANY RGHT-OF-WAY, 30 FEET N WDTH, AND ALONG THE EAST LNE OF LOT 27, A DSTANCE OF 1901.14 FEET; THENCE DEPARTNG FROM SAD EAST LNE, S89"3255W A MSTANCE OF 353.10 FEET; THENCE S00'27'05"E A DSTANCE OF 343.04 FEET TO A LNE 130.00 FEET NORTH OF AND PARALLEL WTH THE SOUTH LNE OF LOTS 29 & 30 OF SAD BLOCK 35; THENCE N89'01'00"W ALONG SAD PARALLEL LNE A DSTANCE OF 1209.50 FEET TO THE PONT OF BEGNNNG. CONTANNG 76.960 ACRES, MORE OR LESS. SUBJECT TO EASEMENTS AND RESTRCTONS OF RECORD. 91-22 4 J)L 1 ti 1997 Project No. Page 3

-lr -- ' * -2.. SE R- 90-844 P-88-80(8) 19900522 3............. 0: Petition No. TOR97-72 Project No. Page 4

EXHBT C TDR CONDTONS OF APPROVAL A. PLANNNG 1. Prior to certification of the Preliminary Development Plan (PDP) by the irc, a "Contract for Sale and Purchase of TDR's" shall be executed b l the applicant, in a manner and form approved by the Office of the County Attorney, and formally executed by the Chairman of the Board of County Commissioners. The Contract shall accommodate a maximum of 1 16 TDR units at a selling price of $5,575.00 per unit. (DRC: PLANNNG) 2. Prior to certification of the Preliminary Development Plan (PDP) by the RC, two (2) recorded copies of the "Contract for Sale and Purchase of TR's" shall be provided to the Palm Beach County Planning Division. ( RC: PLANNNG) 3. Prior to certification of the Preliminary Development Plan (PDP) by the RC, monies representing 116 TDR units shall be placed in an escrow accolmt in a form acceptable to Palm Beach County. (DRC: PLANNNG) 4. Prior to the issuance of the first building permit, the escrow monies shla be released to Palm Beach County. Building permits issued for sales models and/or a temporary real estate sales and management office pernlitted pursuant to the Unified Land Development Code standards shall not be the trigger for the release of the escrow M s. (BLDG PERMT: MONTOR NG - Planning) 5. Prior to the issuance of the first building permit, a deed conveyin'g the applicable TDR units from the County TDR bank to the subject property, shall be executed and recorded in a manner and form approved by the Office of the County Attorney. This condition does not apply to building pennits issued for sales models and/or a temporary real estate sales and management office permitted pursuant to the Unified Land DeveloFment Code standards. (BLDG PERMT: MONTORNG - Planning) 6. Prior to certification of the Preliminary Development Plan (PDP) by the RC, the petitioner shall provide PUD buffers on all property lines in accorcance with Petition # 97-80 TDR 1. (DRC: PLANNNG) 7. Any additional increase in density must be requested through the TDR program. (ONGONG: PLANNNG) B. COMPLANCE 1. Failure to comply with any of the mnditions of approval for the SL:bject property at any time may result in: a. The issuance of a stop work order; the issuance of a cease and desist order; the denial or revocation of a building permit; the cenial or revocation of a Certificate of Occupancy; the denial of any Aher permit, license or approval to any developer, owner, lessee, or user of the subject property; the revocation of any other permit, license or approval from any developer, owner, lessee, or user of the sc bject property; and/or P: ge 5

b. The revocation of the Official Map Amendment, Conditional Use, Requested Use, Development Order Amendment and/or any other zoning approval; and/or c. A requirement of the development to conform with the standa*ds of the ULDC at the time of the finding of noncompliance, or the addition or modification of conditions reasonably related to the failure to comply with existing conditions; and/or d. Referral to d e enforcement; and/or e. mposition of entitlement density or intensity. Staff may be directed by the Executive Director of PZ&B or a majoritlf vote of the Code Enforcement Board to schedule a Status Report before the body which approved the Official Zoning Map Amendment, Conditional Use, Requested Use, Development Order Amendment, and/or other zoning approval, in accordance with the provisions of Section 5.8 of the ULCC, in response to any flagrant violation andor continued violation of any conijition of approval. Appeals of any departmental administrative actions hereunder may be laken to the Palm Beach County Board of Adjustment or as otherwise provided in the Unified Land Development Code (ULDC), as amended. Appeals cf any revocation of an Official Zoning Map Amendment, Conditional Use, Requested Use, Development Order Amendment or other actions based on a Board of County Commission decision shall be by petition for wit of certiorari to the Fifteenth Judicial Circuit. (MONTORNG) Page 6