|
CITY OF SUNNY ISLES BEACH
<br />TRANSFER DEVELOPMENT RIGHTS BANK ACCOUNT
<br />These
<br />** This development received a credit of $841,580.00 from the City, as part of a real estate transaction.
<br />*** Transfer fees collected by the City to release West side only condition.
<br />**** The purchase price of $5,156,017.00 was increased by an additional $252,485.00 of interest payments.
<br />****** TDRs were reverted to City TDR bank - TDRs were not used by developer.
<br />Uncollected Funds Owed to the City for TDRs
<br />Transactions
<br />ACCOUNTS
<br />TDR FUNDS COLLECTED
<br />TDR FUNDS UNCOLLECTED
<br />283,485 120 $26,060,625.00
<br />Total Credit to TDR Bank Total Uncollected Funds
<br />1.
<br />Fortune Beach
<br />$7,558,863.00
<br />$0.00
<br />2.
<br />S&G Miami Beach
<br />$160,920.00
<br />$0.00
<br />3.
<br />Mandalay LLC
<br />$1,324,066.00
<br />$0.00
<br />4.
<br />St. Tropez
<br />$2,184,711.00
<br />$0.00
<br />5.
<br />Trg Sunny Isles
<br />$13,287,559.00
<br />$0.00
<br />6.
<br />Mansiana/Solis
<br />$5,408,502.00 ****
<br />$0.00
<br />7.
<br />Da Vinci
<br />$395,917.00 *
<br />$0.00
<br />8.
<br />Regalia
<br />$4,119,249.25 *****
<br />$0.00
<br />9.
<br />Ocean Palm
<br />$374,926.00 *
<br />$0.00
<br />10.
<br />Urbis & Key Int.
<br />$72,866.00
<br />$0.00
<br />11.
<br />Sunny Isles Resort
<br />$681,016.00
<br />*
<br />$0.00
<br />12.
<br />TRG Desert Inn Venture
<br />$1,282,655.00
<br />$0.00
<br />13.
<br />St. Tropez II
<br />$116,261.00
<br />**
<br />$0.00
<br />14.
<br />LPLA Partner, LLP
<br />$1,625,000.00
<br />$0.00
<br />15.
<br />3 8555 r.,nin5 -9ey i i G
<br />$0.00
<br />******
<br />$0.00
<br />16.
<br />FortApache
<br />$517,275.00
<br />***
<br />$0.00
<br />17.
<br />Abus, LLC (Mr. Grosskopf)
<br />$46,270.00
<br />***
<br />$0.00
<br />18.
<br />Abus, LLC (Mr. Grosskopf)
<br />$1,484,940.00
<br />***
<br />$0.00
<br />19.
<br />Town Center Development (St. Tropez)
<br />$1,893,870.00
<br />***
<br />$0.00
<br />20.
<br />Beach Acquisitions, LLC (Turnberry)
<br />$11,070,625.00
<br />$0.00
<br />21.
<br />GSF Acquisitions. LLC (Palazzo)
<br />$1,974,625.00
<br />+
<br />$0.00
<br />22.
<br />Ritz Carlton
<br />$6,127,250.00
<br />$0.00
<br />23.
<br />Marriott
<br />$415,853.00
<br />$0.00
<br />24.
<br />Varadero
<br />$3,543,560.00
<br />$26,060,625.00
<br />25.
<br />Balcony enclosures (Mansions)
<br />$73,750.00
<br />$0.00
<br />26
<br />A3 Development, LLC (Estates)
<br />$9,318,250.00
<br />$0.00
<br />27
<br />Balcony enclosures (Mansions)
<br />$28,625.00
<br />$0.00
<br />28
<br />Balcony enclosures (Mansions)
<br />$98,635.00
<br />$0.00
<br />29
<br />Balcony enclosures (Mansions)
<br />$35,875.00
<br />$0.00
<br />30
<br />18401 Developers (Bentley)
<br />$157,057.25
<br />$1,413,515.25
<br />31
<br />Balcony enclosures (Acqualina)
<br />$42,875.00
<br />$0.00
<br />TOTALS: Collected Funds $75,421,846.50
<br />Uncollected
<br />Funds
<br />$27,474,140.25
<br />These
<br />** This development received a credit of $841,580.00 from the City, as part of a real estate transaction.
<br />*** Transfer fees collected by the City to release West side only condition.
<br />**** The purchase price of $5,156,017.00 was increased by an additional $252,485.00 of interest payments.
<br />****** TDRs were reverted to City TDR bank - TDRs were not used by developer.
<br />Uncollected Funds Owed to the City for TDRs
<br />Transactions
<br />Sq. Ft. Units TDR Funds Uncollected
<br />2. IVaradero
<br />283,485 120 $26,060,625.00
<br />283,485 120 $26,060,625.00
<br />Total Credit to TDR Bank Total Uncollected Funds
<br />Total TDRs Funds Collected 1$75,421,846.50
<br />TDR Funds Uncollected $27,474,140.25
<br />Total TDRs Funds (collected and uncollected) 1$102,895,986.75 1
<br />158
<br />Last update on January 2022 Page 3 of 4
<br />
|