Reso 2004-698 - Laserfiche WebLink

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NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Authorizint!: the Transfer of Development Rit!:hts. Pursuant to Section 265-23.3 (c) of Ordinance No. 2004-200, the City Commission hereby authorizes the transfer of the development rights in the amount of sixty (65) dwelling units and 108,473 square feet of floor area to Desert Inn Beach Beach & Tennis Club Association, Inc. ("Ocean IV Condominium Project") from the TDR Bank established for 172000 Collins Avenue, Ltd. ("Casino Property"). Section 2. Directive to Plannint!: and Zonint!: Administrator. The Planning and Zoning Administrator or designee is hereby directed to transfer the development rights from the TDR Bank to Desert Inn Beach & Tennis Club, Inc. ("Ocean IV") in accordance with Resolution No. 04-Z-83. Section 3. Consent of Casino Property. 17200 Collins Avenue, Ltd. ("Casino Property") hereby consents to the transfer of the TDRs to the Desert Inn Beach & Tennis Club Association, Inc. ("Ocean IV"). Section 4. Adiustment to the TDR Bank for the Casino Property. The Planning and Zoning Director or designee is hereby instructed to make the necessary adjustments to the TDR Bank for the Casino Property to reflect the conveyance ofTDRs to Desert Inn Beach & Tennis Club, Inc by 17200 Collins Avenue, Ltd. Section 5. Authority of the City Manat!:er. The City Manager is hereby authorized to do all things necessary to effectuate this resolution. Section 6. Effective Date. This Resolution shall be effective upon adoption. PASSED AND ADOPTED this 22 ~y of ~ 2004. _. ATl'ES;r: . -.. -~ .~~'-f\'-' .~ ~. Jane A. Hines, City Clerk Tdr Transfer Desert Inn 2 "'-~.'_' u .'....~._.