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)
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--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"
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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~
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/ Attachment
cc: The Honorable City Commission
Hans Ottinot, City Attorney
Rick Conner, City .Manager
Harold Rifas, Esq.
Exhibit "B"
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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