HomeMy WebLinkAboutReso 2005-785
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RESOLUTION NO. 2005-785
CFN 2005R0555614
OR Bk 23426 Pss 4168 - 4170; (3pss)
RECORDED 06/01/2005 09:38=32
HARVEY RUVIN, CLERK OF COURT
MIAMI-DADE COUNTY, FLORIDA
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY
ISLES BEACH, FLORIDA, AUTHORIZING THE TRANSFER OF
DEVELOPMENT RIGHTS ("TDRS") IN THE AMOUNT OF FIFTY NINE
(59) DWELLING UNITS AND 129,216 SQUARE FEET OF FLOOR AREA TO
FORTUNE OCEAN, LLLP, A FLORIDA LIMITED LIABILITY
PARTNERSHIP ("FORTUNE OCEAN") PER APPLICATION NO. Z2004-09
FOR A RESIDENTIAL CONDOMINIUM PROJECT TO BE LOCATED AT
17121 COLLINS AVENUE TO BE KNOWN AS "JADE BEACH II," FROM
THE TDR BANK ESTABLISHED FOR 17200 COLLINS AVENUE, LTD.
(THE "CASINO PROPERTY"); DIRECTING THE PLANNING AND
ZONING ADMINISTRATOR OR DESIGNEE TO TRANSFER FIFTY NINE
(59) DWELLING UNITS AND 129,216 SQUARE FEET OF FLOOR AREA
FROMTHETDRBANKTOFORTUNEOCEANINACCORDANCE~TH
RESOLUTION NO. 05-Z-89; AUTHORIZING THE ADJUSTMENT OF THE
TDR BANK BY THE PLANNING AND ZONING ADMINISTRATOR OR
DESIGNEE; PROVIDING THE CITY MANAGER ~TH THE
AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS
RESOLUTION; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, by Resolution No. 05-Z-89, adopted February 10,2005, the City Commission
approved the zoning application submitted by Fortune Ocean, LLLP, A Florida Limited Liability
Partnership ("Fortune Ocean") per Application No. Z2004-09 (a residential condominium project to
be located at 17121 Collins Avenue to be known as "Jade Beach II,") for the transfer of development
rights in the amount of 59 dwelling units and 129,216 square feet of floor area; and
WHEREAS, by Resolution No. 2004-681, adopted June 3, 2004, the City Commission
designated the Casino Property as a sending site for purposes of transferring TDRs in the amount of
3.75 F.A.R. (566,737 square feet) 80 dwelling units per acre (277 dwelling units); and
WHEREAS, by Resolution No. 2004-685, adopted July 8, 2004, the City Commission
provided the Planning and Zoning Administrator or designee with the authority to transfer TDRs
from the Casino property to the TDR Bank for the purpose of transferring such rights to a receiving
site; and
WHEREAS, the 17200 Collins Avenue, Ltd. ("Casino Property") now wishes to transfer
TDRs in the amount of 59 dwelling units and 129,216 square feet of floor area from the TDR Bank
to Fortune Ocean, LLLP, A Florida Limited Liability Partnership ("Jade Beach 11") to be used in
accordance with Resolution No. 05-Z-89; and
WHEREAS, the City Commission agrees to authorize the transfer of the TDRs contemplated
herein in accordance with its regulations.
R2005-JADE II TOR TRANSFER
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NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Authorizin2 the Transfer of Development Ri2hts. Pursuant to Section 265-23.3
(c) of Ordinance No. 2004-200, the City Commission hereby authorizes the transfer of the
development rights in the amount of 59 dwelling units and 129,216 square feet of floor area to
Fortune Ocean, LLLP, A Florida Limited Liability Partnership ("Jade Beach IT Condominium
Project") from the TDR Bank established for 17200 Collins Avenue, Ltd. ("Casino Property").
Section 2. Directive to Plannin2 and Zonin2 Administrator. The Planning and Zoning
Administrator or designee is hereby directed to transfer the development rights from the TDR Bank
to Fortune Ocean, LLLP, A Florida Limited Liability Partnership ("Jade Beach IT Condominium
Project")in accordance with Resolution No. 05-Z-89.
Section 3. Adiustment to the TDR Bank for the Casino Property. Upon the City's receipt of
the executed Assignment, the Planning and Zoning Director or designee is hereby instructed to make
the necessary adjustments to the TDR Bank for the Casino Property to reflect the conveyance of
TDRs to Fortune Ocean, LLLP, A Florida Limited Liability Partnership ("Jade Beach IT
Condominium Project").
Section 4. Authority of the City Mana2er. The City Manager is hereby authorized to do all
things necessary to effectuate this resolution.
Section 5.
Effective Date. This Resolution shall be effective upon adoption.
PASSED AND ADOPTED this 14th day of April 2005.
, ,
; ATTEST: " '
." l -. ," "'.
..' ~':N..~
"', Jane.A. Hines, City Clerk
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R2005- JADE II TDR TRANSFER
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APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
Vote: ~-o
Mayor Edelcup
Vice Mayor Thaler
Commissioner Brezin
Commissioner Goodman
Commissioner Iglesias
R2005- JADE II TOR TRANSFER
v (Yes)
V (Yes)
V (Yes)
~Yes)
_(Yes)
OR BK 23426 PG 4170
LAST PAGE
Moved by: C()~~. Ga01)m~~
Seconded by: G~ eR~2l;\]
_(No)
_(No)
_(No)
_(No)
_(No)
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