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y D9)�/ <br />P FLOP os <br />T� OF SUN � <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />305.947.0606 City Hall <br />305.949.3113 Fax <br />Norman S. Edelcup, Mayor <br />Isaac Aelion, Vice Mayor <br />Jeanette Gatto, Commissioner <br />Jennifer Levin, Commissioner <br />George "Bud" Scholl, Commissioner <br />Christopher J. Russo, City Manager <br />Hans Ottinot, City Attorney <br />Jane A. Hines, MMC, City Clerk <br />MEMORANDUM <br />TO: The Honorable Mayor and City Commission <br />VIA: Christopher J. Russo, City Manager <br />FROM: Claudia Hasbun, Zoning Administrator /Planning Manager <br />DATE: November 20, 2014 <br />RE: City of Sunny Isles Beach Transfer of Development Bank Account <br />Annual Update <br />RECOMMENDATION: <br />Staff recommends approval of the attached Resolution. <br />REASONS: <br />The City Commission wishes to confirm the amount of development rights that is currently <br />owned by the City and private owners under our Transfer Development Rights (TDR) <br />program. The resolution documents delineate the amount of development rights that are <br />in each TDR account. <br />Page one of the attachment outlines the development rights that the City has acquired <br />during the years. There are 2,202,963 square feet and 1,110 dwelling units from all the <br />properties that the City has acquired. There are no changes from FY13 -14. <br />