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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are <br />incorporated herein by reference as if they are fully set forth herein. <br />Section 2. Authorizing the Sale and Assignment of TDRs from the City's public TDR account to <br />Sunny Isles Living LP, The City Commission hereby approves the sale and assignment of Transfer <br />of Development Rights ("TDRs") in the amount of 313 square feet of FAR and zero (0) dwelling <br />units from the City's public TDR account to Sunny Isles Living LP. Sunny Isles Living LP shall submit <br />to the City payment in full in the amount of Thirty -Nine Thousand One Hundred Twenty -Five <br />Dollars ($39,125.00) within ten (10) working days from the approval of this Resolution. If payment <br />is not received, TDRs Sale and Assignment is void and null. <br />Section 3. Authorizing the Withdrawal and Assignment of TDRs. The City Commission hereby <br />authorizes the Planning and Zoning Director to withdraw 313 square feet of FAR and zero (0) <br />dwelling units from the City's public TDR account and to assign 313 square feet of FAR for the <br />development project for the property located at 17749 Collins Avenue, Unit 602, Sunny Isles <br />Beach, Florida approved under Zoning Resolution No.'ZOZ',LAW <br />Section 4. Directive to Development Services Director. The Planning and Zoning Director or <br />their designee is hereby directed to adjust the City's public TDR account to reflect the withdrawal <br />of TDRs in the amount of 313 square feet of FAR and zero (0) dwelling units according to Zoning <br />Resolution No. %Qyl' -Z-' Iq1. <br />Section 5. Authority of the City Manager and City Attorney. The City Manager and City <br />Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br />Section 6. Repealer. All Resolutions or parts of Resolutions in conflict herewith shall be and <br />are hereby repealed. <br />Section 7. Effective Date. This Resolution shall become effective upon adoption. <br />PASSED AND ADOPTED this 15th day of September 2022. <br />Dana Robin Goldman, Mayor <br />ATTEST: W APPROVED AS TO FORM <br />AND LEG L-STt ICIENCY: <br />Mau iciolBetanf ur, CMC, City Clerk Edward A. Dion, City Attorney <br />@BCL@BC092E1C.docx Page 2 of 3 <br />485 <br />