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OR BK 29013 PG 1260 <br />LAST PAGE <br />Section 3. Directive to Zoning Administrator. The City's Zoning Administrator or designee is <br />hereby directed to transfer the development rights from TDR Bank. Tropez Beach Developers, <br />LLC et. al.. in accordance with Zoning Resolution No. is -m-Is a The City's Zoning <br />Administrator or designee is hereby directed to adjust the City's TDR Bank to reflect a deduction <br />of 100,220 square feet of TDRs and 47 units from the City's TDR Bank. <br />Section 4. Authorizing Pavment Agreement of the Transfer of Development Rights. The <br />Applicant shall provide the City with a non - refundable deposit in the amount S76,116 which is <br />the 10% of the approved purchased price of S761,160 within three (3) working days of the <br />approval of this Resolution. The remainder of the payment is due prior to issuance of the building <br />permit for the site plan approved in accordance with Zoning Resolution No. i3-2 -137. <br />Section 5. Amendment to Resolution No. 2006 -959. The City Commission hereby modifies <br />Resolution No. 2006 -959, adopted on July 20, 2006, to confirm that 32,759 square feet and 17 <br />dwelling units are transferred pursuant to Zoning Resolution No. 13 -Z -137 . <br />Section 6. Authoritv of the City Manager. The City Manager is hereby authorized to do all <br />things necessary to effectuate this Resolution. <br />Section 7. Effective Date. This Resolution shall become effective upon adoption. <br />PASSED AND ADOPTED this 171h day of October. 2013. <br />ATTEST: :. <br />�Ctn.a <br />Jane A. HinesrMMC, City Clerk <br />AS TO FORM <br />15CUICIENCY: <br />Attorney <br />Vote: S-0 <br />Mayor Edelcup <br />Vice Mavor Aelion <br />Commissioner Gatto <br />Commissioner Levin <br />Commissioner Scholl <br />Moved by: Y i t2 aumr As,,orJ <br />Seconded by: GpaTp <br />,7(Yes) <br />(No) <br />(Yes) <br />7(Yes) <br />_(No) <br />(No) <br />✓ Yes) (No) <br />Yes) _(No) <br />St. Tropez Beach Developers, LLC. City & Pcicate "CDR Bank Page 3 of 3 <br />