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RESOLUTION NO. 2017 1-1 k3 <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br /> SUNNY ISLES BEACH,FLORIDA,CONFIRMING THE BALANCE <br /> OF TRANSFER OF DEVELOPMENT RIGHTS ("TDRs") <br /> CURRENTLY HELD IN THE TDR BANK ACCOUNTS BY THE <br /> CITY OF SUNNY ISLES BEACH AND PRIVATE OWNERS, <br /> ATTACHED HERETO AS EXHIBIT "A"; REQUIRING YEARLY <br /> UPDATES FOR TDRs BANK ACCOUNTS; PROVIDING THE CITY <br /> MANAGER WITH THE AUTHORITY TO DO ALL THINGS TO <br /> EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN <br /> EFFECTIVE DATE. <br /> WHEREAS, the TDR Ordinance has played an instrumental role in making the City <br /> greener by facilitating the creation of open space throughout the City; and <br /> WHEREAS, the City Commission wishes to confirm the amount of TDRs currently <br /> owned by the City of Sunny Isles Beach and private owners. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY <br /> OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Development Rights Account Balance. The City Commission hereby confirms <br /> the balance of Transfer of Development Rights owned by the City and private owners attached as <br /> Exhibit"A". <br /> Section 2. Authority of the City Manager. The City Commission hereby directs the City <br /> Manager or designee to provide yearly updates of TDR Bank account balances. <br /> Section 3. Effective Date. This Resolution shall become effective upon adoption. <br /> PASSED AND ADOPTED this 21h day of Dec- ber, 20. 7. <br /> / <br /> z, Geol. H. Scholl, Mayor <br /> ," �`.; ATT T: r • <br /> ! .'--,' i-•,.., er%row" <br /> I n <br /> <-' 4Mauricio1. \B-t a u - CMC, City Clerk <br /> I <br />