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<br />Preview <br /> <br />Page 1 of 1 <br /> <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />{O P <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br /> <br />C\ - L S ---\ ( <br /> <br />MElYlORAJ~'DllM <br /> <br />TO: <br /> <br />The Honorable Mayor and City Commission <br /> <br />FROM: <br /> <br />Hans Ottinot, City Attorney <br /> <br />DATE: <br /> <br />9/15/2011 <br /> <br />RE: <br /> <br />Resolution Extending the Building Permit Issued to Mansiana Ocean <br />Residences, LLC. <br /> <br />RECOMMENDA TION: <br /> <br />This Resolution is presented for your consideration <br /> <br />REASONS: <br /> <br />Pursuant to a Letter Agreement dated August 26, 2009, Mansiana agreed to pay <br />$607,585.16 to the City for outstanding building permit fees no later than August 26, <br />2011. In accordance with an Agreed Court Order, Mercantil Commerce Bank, N.A. <br />("Commerce Bank") provided the City with the aforementioned payment on behalf of <br />Mansiana. The payment was received on August 17, 2011. <br /> <br />To facilitate the timely payment for the outstanding development fees, the Court Order <br />required the City Attorney to support an extension of the building permit for Mansiana <br />for a period ending on August 28, 2013. This extension is permitted under state law for <br />unexpired or expired building permits. As a point of information, the Florida Legislature <br />passed the permit extension law in 2010 to provide relief to development projects during <br />the real estate meltdown. <br /> <br />A TT ACHMENTS: <br />. Resolution <br />. Order <br /> <br />http://sibagenda.si bfl. net/agenda/Preview .aspx?ItemID=595&MeetingID=0&MeetingDate=... 9/9/2011 <br />