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<br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />RE: <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33 160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3 II 3 Fax <br />(305) 947-2150 Building Department <br />(305) 947-5107 Fax <br /> <br />City Commission <br />Norman S. Edelcup, Mayor <br />Lewis J. Thaler, Vice Mayor <br />Isaac Aelion, Commissioner <br />Jeannette Gatto, Commissioner <br />George "Bud" Scholl, Commissioner <br /> <br />Alan J. Cohen, City Manager <br />Hans Ottinot, City Allorney <br />Jane A. Hines, CMC, City Clerk <br /> <br />MEMORANDUM <br /> <br />The Honorable City Commissi~ V <br /> <br />Hans Ottinot, City Attorney Lq>fU <br /> <br />February 16,2012 <br /> <br />Removal of Use Restriction and Assignment of TDRs Resolution <br /> <br />Recommendation: <br /> <br />This Resolution is presented for your consideration. <br /> <br />Reasons: <br /> <br />Abus, LLC ("Abus") has purchased 2,644 square feet of transfer of development rights <br />("TDR's") and two (2) units from Jerry's Famous Deli, Inc. ("Jerry's"). The TDRs owned by <br />Jerry's is restricted to properties on the west side of Collins Avenue. Jerry's has requested the <br />removal of the use restriction for just 2,644 square feet of TDRs from the total amount 101,640 <br />TDRs owned by Jerry's. The use restriction will continue to apply to the remaining balance of <br />TDRs owned by Jerry's. <br /> <br />Additionally, Abus has assigned the TDRs to Chateau Beach, LLC. The City Commission is <br />required to consent to the assignments. <br /> <br />A ~~ -O/U <br />Agenda Item \ [J Q <br />Date 2 - \ L, - \ 2 <br />