2014-1016 Regular City Commission Meeting

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Summary Minutes: Regular Ciry Commission 110" ing October 16.2014 City of Sunnv Isles Beach. Florida 212 dwelling units and with a total Floor Area Ratio (FAR) of 578;008 square feet. 2. Pursuant to Section 265 -23 of the City of Sunny Isles Beach Land Development Regulations. the Applicant is requesting the utilization of private TDRs in the amount of 83,445 square feet of development rights and 42 dwelling units. 3. Pursuant to Section 265-2' ) of the City of Sunny Isles Beach Land Development Regulations. the Applicant is requesting the utilization of public TDRs in the amount of 4%018 square feet of floor area and ten (10) dwelling units. An adjustment to be made for a decrease of 49.018 square feet of floor area and 23 dwelling units in the City's TDR Bank. 4. Pursuant to Section 265 -63.3 (G) of the City of Sunny Isles Beach Land Development Regulations, the Applicant is requesting the use of graphics and murals on a temporar} construction fence. (Hear in Conjunction with Items ION & 100) Protests 0 Waivers 0 Ex Parte 0 Action: Mayor Edelcup gave opening remarks on zoning procedures /decorum. City Clerk Hines read a disclaimer for the Zoning hearing, and administered the oath to witnesses. Cite Planner Claudia Hasbun reported the Applicant is applying for site plan approval for a 50- story residential condominium building. This application encompasses two (2) parcels, one is located at 15795 Collins Avenue and is currently developed as the Chateau Beach Sales Center. The neighboring parcel is located to the south at 15701 Collins Avenue which contains an unfinished building known as part of the Mansiana/Solis project which is currently being demolished. The current Applicant is ajoint venture between the owners of the two parcels and is proposing a unified project. City Planner Hasbun said the total contribution for Floor Area Ratio bonuses for the development is S5.702.400 for a total increase in floor area ratio of 2.1 for a floor area ratio of 4.60. The Applicant shall provide the City with a deposit in the amount of 10% of the approved purchase price of $5,702,400 for FAR bonuses acquired from the City. The total amount of the deposit is $570;240 to be paid within three (3) working days of approval of the TDRs application and site plan application. The Applicant shall provide the City with a deposit in the amount of 10% of the purchase price of $6.127,250 for the TDRs purchased from the City Bank. The total amount of the deposit is $612,725 to be paid within three (3) working days of approval. The Applicant shall pay S I Million to the City for the use of the design flexibility allowance. The Applicant is not requesting any variances. Staff has no objection to the Applicant's Zoning Application. Public Speakers: David J. Coviello, Esq.; Edgardo Defortuna; Bemardo Fort- Brescia; Keith Oliver; Rudy Vargas; Juan Espinosa David J. Coviello, Esq. representing Sunny Isles Property Venture LLC said he is representing two of the finest developers in South Florida. Fortune International, and the Chateau Group. They have now teamed up to bring another high quality product here in Sunny Isles Beach. He recognized Edgardo Defortuna and Manuel Groffkoph and introduced his team who are in attendance today. Edgardo Defortuna noted this is the sixth project combined that they are going to do in this City and hopefully continue to do even more work in the City.