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ACCOUNTS TDR FUNDS COLLECTED TDR FUNDS UNCOLLECTED
<br /> 1. Fortune Beach $7,558,863.00 $0.00
<br /> 2. S&G Miami Beach $160,920.00 $0.00
<br /> 3. Mandalay LLC $1,324;066.00 $0.00
<br /> 4. St.Tropez $2,184,711.00 $0.00
<br /> 5. Trg Sunny Isles $13,287,559.00 $0.00
<br /> 6. Mansiana/Solis $5,408,502.00 **** $0.00
<br /> 7. Da Vinci $395,917.00 * $0.00
<br /> 8. Regalia $4,119,249.25 ***** $0.00
<br /> 9. Ocean Palm $374,926.00 * $0.00
<br /> 10. Urbis&Key Int. $72,866.00 $0.00
<br /> 11. Sunny Isles Resort $681,016.00 * $0.00
<br /> 12. TRG Desert Inn Venture $1,282,655.00 $0.00
<br /> 13. St.Tropez II $116,261.00 ** $0.00
<br /> 14. LPLA Partner, LLP $1,625,000.00 $0.00
<br /> 15. 18555 Collins Dcv.,LLC $0.00 ****** $0.00
<br /> 16. Fort Apache $517,275.00 *** - i
<br /> $0.00
<br /> 17. Abus,LLC (Mr.Grosskopf) $46,270.00 *** $0.00
<br /> 18. Abus,LLC (Mr.Grosskopf) $1,484,940.00 *** • $0.00
<br /> 19. Town Center Development(St.Tropez) $1,893,870.00 *** $0.00
<br /> 20. Beach Acquisitions,LLC(Turnberry) $1,414,988.00 $12,737,887.00
<br /> 21. GSF Acquisitions.LLC(Palazzo) $197,463.00 $1,777,162.00
<br /> 22. Ritz Carlton $6,127,250.00 $0.00
<br /> 23. Marriott $415,853.00 $0.00
<br /> 24. Varadero $3,543,560.00 $31;892,065.00
<br /> Uncollected
<br /> TOTALS: Collected Funds $54,233,980.25 Funds $46,407,114.00
<br /> * These developments paid 10%of non-refundable deposit,but development orders expired. TDR's were returned to the City.
<br /> *a This development received a credit of$841,580.00 from the City,as part of a real estate transaction. •
<br /> *** Transfer fees collected by the City to release West side only condition.
<br /> **** The purchase price of$5,156,017.00 was increased by an additional$252,485.00 of interest payments.
<br /> ***** The purchase price of$4,500,206.00 was decreased by$380,957.00 due to settlement of outstanding loan agreement.
<br /> ******TDRs were reverted to City TDR bank-TDRs were not used by developer.
<br /> Uncollected Funds Owed to the City for TDRs
<br /> Transactions Sq.Ft. Units TDR Funds Uncollected -
<br /> 1. Beach Acquisitions,LLC(Turnberry) 113,199 46 $12,737,887.00
<br /> 2. GSF Acquisitions.LLC(Palazzo) 15,797 7 $1,777,162.00
<br /> 3. Varadero 283,485 120 $31,892,065.00
<br /> 412,481 173 $46,407,114.00
<br /> Total Credit to TDR Bank Total Uncollected Funds
<br /> Total TDRs Funds Collected $54,233,980.25
<br /> TDR Funds Uncollected $46,407,114.00
<br /> Total TDRs Funds $100,641,094.25
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