Reso 2004-681 - Laserfiche WebLink

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1 11111I11111 111I111111 11111111111111I 1111 l\ RESOLUTION NO. 2004-ldQ 1 CFN 2004R0620:180 OR Bk 22508 P9S 0755 - 774; (20P9~ RECORDED 07/22/2004 19:46:43 HARVEY RUVIN, CLERK OF COURT MIAMI-DADE COUNTY, FLORIDA A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, ACCEPTING THE CONVEYANCE OF APPROXIMATELY 3.46 ACRES OF REAL PROPERTY (THE "CASINO PROPERTY"), LEGALLY DESCRIBED ON "ATTACHMENT "A," ATTACHED AND INCORPORA TED, AND WITH A STREET ADDRESS OF 17200 COLLINS AVENUE AND OWNED BY 17200 COLLINS A VENUE, L TD ("APPLICANT"), IN ACCORDANCE WITH AND SUBJECT TO ALL OF THE APPLICABLE PROVISIONS OF THE CITY CODE AND SECTION 265-23 OF THE CITY'S LAND DEVELOPMENT REGULATIONS ("LDR's") RELATING TO TRANSFERS OF DEVELOPMENT RIGHTS ("TDR's"), INCLUDING BUT NOT LIMITED TO SECTIONS 265-23.3 (c) AND (e) AND SECTION 265-23.4(c);FURTHER IMPOSING CERTAIN CONDITIONS PRIOR TO THE CITY'S ACCEPTANCE OF THE CASINO PROPERTY AND SEVERENCE OF THE TDR'S PRIOR TO THE WITHDRAWAL OF THE TDR'S FROM THE TDR BANK, APPLICANT SHALL PROVIDE SECURITY FOR THE FUNDING OF PARK AND PUBLIC IMPROVEMENTS; FURTHER AUTHORIZING THE MAYOR TO EXECUTE SUCH OTHER DOCUMENTS AND AGREEMENTS AS MAY BE DETERMINED BY THE CITY ATTORNEY TO BE NECESSARY TO CONSUMMATE THE CONVEYANCE OF THE CASINO PROPERTY TO THE CITY, SEVER DEVELOPMENT RIGHTS FROM THE CASINO PROPERTY AND DEPOSIT SAME TO THE CREDIT OF THE APPLICANT IN THE TDR BANK, SUBSEQUENT WITHDRAWAL OF SAID DEVELOPMENT RIGHTS AT THE REQUEST OF AND FOR THE BENEFIT OF THE APPLICANT DURING THE FIVE YEAR PERIOD COMMENCING WITH THE PASSAGE OF THIS RESOLUTION, AND RECORDATION OF DOCUMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 265-23 of the City's Land Development Regulations ("LDR's") (the "TDR Ordinance") provides for the transfer of development rights from a sender site to a receiver site, in accordance with the provisions set forth therein; and Casino - Conveyance Of 17200 Collins 1V