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C <br /> t uv tDIDmi.dion <br /> City of Sunny Isles Beach NormansBJelcup, <br /> 18070 Collins Avenue t.ewis J.Thalrc vl�Myor <br /> Sunny Isles Beech, Florida 33160 rry Goodman,Commissioner <br /> n m�n,C s er <br /> D )IFI ,fonotussi ones <br /> (305) 947-0606 Clry Hall <br /> (305) 7921565 Fox Cninte aM rill mCrya1 ger <br /> (305) 947-2150 BuildingDe admen) <br /> Hans Jane <br /> m e City Attorney <br /> ors p tanen nmes,Ln Clerk <br /> MEMORANDUM <br /> To: The Honorable Mayor and City Commission <br /> From: Planning and Zoning <br /> Date: November 17,2005 <br /> Re: Mansiana Ocean Residences I.LC <br /> RECOMMENDATION <br /> It is recommended that the City Commission approve the proposed resolution for the Transfer of <br /> Development Rights (TDRs) from the City TDR Bank. The applicant is requesting the transfer of <br /> development rights in the amount 28 dwelling units and 63,820 square feet to be used in the <br /> proposed development. The total payment to be received by the City for the purchase of the TDRs <br /> is 55,156,01 7.80. <br /> Agenda Item I D N <br /> Date II—I'7-06 <br />