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HomeMy WebLinkAboutReso 2009-1479 RESOLUTION NO. 2009- ~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, RATIFYING THE CREATION OF A TRANSFER OF DEVELOPMENT RIGHTS BANK ACCOUNT FOR R.K. ASSOCIATES VIII, INC. IN THE AMOUNT OF 58,500 SQUARE FEET OF DEVELOPMENT RIGHTS AND 30 UNITS OF DEVELOPMENT RIGHTS ATTACHED HERETO AS EXHIBIT "A"; AND RATIFYING THE CREATION OF A TRANSFER OF DEVELOPMENT RIGHTS BANK ACCOUNT FOR PLAZA ISLES, LLC IN THE AMOUNT OF 40,000 SQUARE FEET OF DEVELOPMENT RIGHTS AND 20 UNITS OF DEVELOPMENT RIGHTS ATTACHED HERETO AS EXHIBIT "B"; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, As part of the sale and purchase with R K Associates VIII, Inc. and Plaza Isles LLC, the City is required to create Transfer of development Rights Bank Accounts; and WHEREAS, Staff has created the TDR bank account for RK Associates by staff; and WHEREAS, Staff has created the TDR bank account for Plaza Isle LLC by staff. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Creation of the TDR Bank Account for RK Associates, VIII, Inc. The City Commission hereby ratifies the creation of the TDR Bank account of58,500 square feet and 30 units in the name of RK Associates VIII, Inc. Section 2. Creation of the TDR Bank Account for Plaza Isles LLC. The City Commission hereby ratifies the creation of the TDR Bank account for 40,000 square feet and 20 units in the name of Plaza Isles LLC. Section 3. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 'l~day of September 2009. Page I of2 ATTEST: ~~L Jane A. Hines, CMC, City Clerk APPROVED AS TO FORM AND LEGAL SUF IENCY Moved by: V\<.J. VV\~V'" lH-~W Seconded by: (i a-vwm.~s., OtU<tA? GOIJ ~ Vote: 5-0 Mayor Norman S. Edelcup Vice Mayor Lewis Thaler Commissioner Roslyn Brezin Commissioner Gerry Goodman Commissioner Bud Scholl v (Yes) V (Yes) ~Yes) ~~Yes) --1L(Yes) _(No) _(No) _(No) _(No) _(No) Page 2 of2 To: From: Date: Re: City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 City Commission Norman S. Edelcup, Mayor Lewis J. Thaler" Vice Mayor Roslyn Brezin Commissioner Gerry Goodman Commissioner George "Bud" Scholl, Commissioner (305) 947-0606 City Hall (305) 792-1 565 Fax (305) 947-2150 Building Department Rick Conner, City Manager Hans Ottinot, City Attorney Jane A. Hines, City Clerk MEMORANDUM Hans Ottinot, City Attorney Jorge L. Vera, Assistant City Manager/ Service Division ~ d~ August 5, 2009 0 '01\ TDR Bank The attached document is the new Transfer of Development Rights account for R. K. Associates VIII, Inc. / Ranaan Katz created per Resolution 2009-1453. The account has 58,500 square feet and 30 units of development rights. Exhibit "A" 0"'1 o .......... 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CIl 't:l - '"' CIl 0 !:Q Q) ... .... CJ) en I:: .... > ..... Q) U Q) ~ City Commission Norman S. Edelcup Mayor August 24,2009 Lewis J. Thaler Vice Mayor Via Facsimile and US Mail Roslyn Brezin Commissioner Attn: Haim Yehezhel Gerry Goodman Plaza Isles LLC. Commissioner 210 71 st. Street, Suite #309 George "Bud" Scholl Miami Beach, FL 33141 Commissioner Rick Conner City Manager Re: Purchase of Property located at 16200 Collins Avenue. Hans Ottinot City Attorney Dear Mr Yehezhel: Jane A. Hines City Clerk This letter confIrms an account with 40,000 square feet of Transfer of Development Rights ("TDRs") with the corresponding number of units designated as Plaza Isles LLC. The aforementioned TDRs will have a life span of 15 years from the date of closing which is August 20, 2009. L~ JV/jb / Attachment cc: The Honorable City Commission Hans Ottinot, City Attorney Rick Conner, City .Manager Harold Rifas, Esq. 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II) U II) ~ Preview Page 1 of 1 City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall (305) 949-3113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission FROM: Hans Ottinot, City Attorney DATE: 9/17/2009 RE: Resolution Ratifying the Creation of Bank Accounts for Transfer of Development Rights RECOMMENDATION: It is recommended that the attached Resolution be approved. REASONS: By Resolution No. 2009-1453, the City Commission approved the purchase of property located at 151 Sunny Isle Boulevard for the development of a public park and -public parking facility. As part of the sale and purchase with R K Associates VIII, the City is required to create a Transfer of Development Rights (TDRs) bank account designated for RK Associates VIII in the amount of 58,500 square feet and 30 units. The TDR bank account has been created and staff is seeking ratification. Also, as part of the purchase of the property located at 16200 Collins A venue, the City agreed to create a TDRs bank account designated in the amount of 40,000 square feet and 20 units. The TDR bank account has been created and staff is seeking ratification. As a point of information, the City has more than 500,000 square feet in its bank account excluding the new purchases. ATTACHMENTS: . Ratifying the Creation of Bank Accounts for Transfer of Development Rights . TDR Bank Statement Agenda Item _lOW Date http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=81 &Meeting: 9-ll-oq