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RESOLUTION NO. 2016-2,bD1/ <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br /> SUNNY ISLES BEACH, FLORIDA, AUTHORIZING THE <br /> TRANSFER OF DEVELOPMENT RIGHTS ("TDRS") IN THE <br /> AMOUNT OF THREE HUNDRED SIXTY ONE (361) SQUARE <br /> FEET OF FLOOR AREA ("FAR") AND ZERO DWELLING UNITS <br /> (0) TO RUSLAN KRIVORUCHKO FOR THE PROPERTY <br /> LOCATED AT 17749 COLLINS AVENUE PH 4401 AND 4402 FROM <br /> THE CITY'S TDR BANK ACCOUNT; DIRECTING THE ZONING <br /> ADMINISTRATOR OR DESIGNEE TO TRANSFER THE TDRS <br /> FROM THE CITY'S BANK ACCOUNT IN ACCORDANCE WITH <br /> ZONING RESOLUTION NO. Z_�S9 ; AUTHORIZING FOR <br /> THE ADJUSTMENT AND MODIFICATION OF THE CITY'S TDR <br /> BANK; PROVIDING THE CITY MANAGER AND CITY <br /> ATTORNEY WITH THE AUTHORITY TO DO ALL THINGS <br /> NECESSARY TO EFFECTUATE THIS RESOLUTION; <br /> PROVIDING FOR AN EFFECTIVE DATE. <br /> WHEREAS, by Zoning Resolution No.(( Z�S9adopted September 15, 2016, the City <br /> Commission approved the zoning application submitted by Ruslan Krivoruchko ("Applicant") for <br /> the transfer of TDRs in the amount of Three Hundred Sixty One (361) square feet of floor area and <br /> Zero (0) dwelling units; and <br /> WHEREAS, the Applicant is required to pay a per square foot price of One Hundred <br /> Twenty Five Dollars ($125.00); and <br /> WHEREAS,the City Commission agrees to accept Forty Five Thousand One Hundred and <br /> Twenty Five Dollars ($45,125) from the Applicant for the payment of Three Hundred Sixty One <br /> (361) square feet of floor area and Zero (0) dwelling units of TDRs; and <br /> WHEREAS, the property receiving the TDRS is located at 17749 Collins Avenue, Sunny <br /> Isles Beach and is legally described in Zoning Application No. PZ2016-08; and <br /> WHEREAS, the City Commission wishes to approve the transfer of the TDRs <br /> contemplated herein in accordance with its TDRs ordinance. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are <br /> incorporated herein by reference as if they are fully set forth herein. <br /> Rusland Krivoruchko a/k/a Mansion at Acqualina-City TDR Bank Page 1 of 3 <br />