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HomeMy WebLinkAboutReso 2014-2268RESOLUTION NO. 2014- Z2,U3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AUTHORIZING THE ASSIGNMENT OF TRANSFER OF DEVELOPMENT RIGHTS ( "TDRS ") IN THE AMOUNT OF 7,213 SQUARE FEET OF FLOOR AREA AND 3 DWELLING UNITS OWNED TO PMG -S2 SUNNY ISLES, LLC; DIRECTING THE ZONING ADMINISTRATOR TO CREATE A TDR SUB - ACCOUNT IN THE AMOUNT OF 79213 SQUARE FEET OF FLOOR AREA AND 3 DWELLING UNITS IN THE NAME OF PMG -S2 SUNNY ISLES, LLC; PROVIDING THE CITY MANAGER AND THE CITY ATTORNEY WITH THE AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, by Zoning Resolution No. 12 -Z -132, adopted on November 15, 2012, and Resolutions No. 2012 -1989, adopted on November 15, 2012 the City Commission approved the zoning application submitted by Palermo Beach, LLC For the project called Unique and for the transfer and assignment of TDRs in the amount of 51,287 square feet of floor area and 27 dwelling units; and WHEREAS, by Resolution No. 2012 -1989, the City Commission authorized the Zoning Administrator to create a Private TDR sub -bank account in favor of Palermo Beach, LLC ( "Assignor') in the amount of 7,213 square feet of floor area and 3 dwelling units; and WHEREAS, Assignor has assigned the development rights in the Private TDR sub -bank account to PMG -S2 Sunny Isles, LLC. ( "Assignee") and the Assignee is seeking confirmation of the assignment of the TDRs from the City; and WHEREAS, the City Commission wishes to approve the assignment of the Private TDRs to the Assignee and to create a Private TDR sub - account in favor of Assignee in the amount of 7,213 square feet of floor area and 3 dwelling units. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are incorporated herein by reference as if they are fully set forth herein. Section 2. Authorizing the Transfer of Development Rights. The City Commission hereby authorizes the assignment of transfer of development rights ( "TDRs ") to a Private TDR sub - account in favor of PMG -S2 Sunny Isles, LLC in the amount of 7,213 square feet of floor area and 3 dwelling units. Page 1 of 2 Section 3. Directive to Zoning Administrator, The Zoning Administrator is hereby directed to create a Private TDR sub - account in the amount of 7,213 square feet of floor area and 3 dwelling units in favor of PMG -S2 Sunny Isles, LLC. Section 4. Authority of the City Manager and City Attorney. The City Manager and the City Attorney are hereby authorized to do all things necessary to effectuate this Resolution. Section 5. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 17th day of July 2014 ATTEST: c: �' av tb� Jane A. Hines, City Clerk, MMC APPROVED AS TO FORM AND,,I,GA"UFFICIENCY: ans Ottitot, City Attorney Vote: S--C) Mayor Edelcup Vice Mayor Aelion Commissioner Gatto Commissioner Levin Commissioner Scholl mil Moved by: V i . c-- M PAO f 10A3 Seconded by: l�w�ns -• Sco�L (Yes) (No) V (Yes) (No) ✓ (Yes) (No) (Yes) (No) i/ (Yes) (No) Page 2 of 2 C4 Bilzin Sumberg Stanley B. Price, Esq. Tel 305 - 350 -2374 Fax 305 - 351 -2204 sprice @bilzin.com June 25, 2014 Mr. Christopher Russo City Manager City of Sunny Isles Beach 18070 Collins Avenue, 4th Floor Sunny Isles Beach, FL 33160 RE: PMG -S2 Sunny Isles, LLC ( "PMG ") Dear Mr. City Manager: Pursuant to your Code of Ordinances, PMG is respectfully requesting the right to maintain 7,213 square feet or 3 residential units of Transfer of Development Rights (TDR) credits in a private TDR bank maintained by PMG. We will maintain the private TDR bank in according with City procedures. Pursuant to City Application No. P2014 -06, PMG is seeking approval of a major site plan modification of an approved site plan under Resolution 12 -Z -132, adopted on November 15, 2013. PMG has acquired 58,500 in its PMG -S2 Sunny Isles, LLC Account. In order to develop under its submitted site plan modification application, PMG will require the utilization of 51,287 square feet of development rights and 27 dwelling units. This will leave a balance in the account of 7,213 or 3 residential units. Thank you for your courtesy in this matter and please acknowledge receipt of this correspondence. Respectfully yours, Fe 2Stn ley 5B' SBP:cb cc: Hans Ottinot, City Attorney Javier Avino. Esq. Ms. Adrianne Hartman MIAMI 4220854.1 80640143333 BILZIN SUMBERG BAENA PRICE & AXELROD LLP 1450 Brickell Avenue, 23rd Floor, Miami, FL 33131 -3456 h'! 305.374.7580 i o 305.374.7593 , TO: VIA: FROM: DATE: RE: City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947 -0606 City Hall (305) 949 -3113 Fax MEMORANDUM The Honorable Mayor and City Commission Christopher J. Russo, City Manager Claudia Hasbun, Zoning Administrator /Planning Manager 7/17/2014 PMG -S2 Sunny Isles, LLC - TDRs Assignment RECOMMENDATION: Staff has no objection to the TDRs assignment. REASONS: PMG -S2 Sunny Isles, LLC is the assignee for the development rights approved under Zoning Resolution 12 -Z -132 adopted on November 15, 2012. The assignee is requesting to create a private TDRs sub - account in the amout of 7,213 square feet of floor area and 3 dwelling units. ATTACHMENTS: • Request • Resolution Agenda Item No. IOH Date 7/17/2014 449