HomeMy WebLinkAboutReso 2010-1535
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RESOLUTION NO. 2010..:l.S3S
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
SUNNY ISLES BEACH, FLORIDA, APPROVING A TEN (10)
YEAR EXTENSION FOR THE USEFUL LIFE OF
DEVELOPMENT RIGHTS OWNED BY SUNNY ISLES
PROPERTY HOLDINGS, LLC PROVIDING THAT REQUIRED
ANNUAL PAYMENTS ARE MADE TO PRESERVE SUCH
RIGHTS; PROVIDING THE CITY MANAGER WITH THE
AUTHORITY TO DO ALL THINGS NECESSARY TO
EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, by Resolution No. 2009-1398, adopted March 19, 2009, the City
Commission adopted a formal policy to permit the extension of useful life of developments rights
provided that annual payments are made to the City; and
WHEREAS, the City has the authority to terminate the useful life of development rights
under the extension program for failure to pay the annual extension fee and no vested rights are
created by such extension of useful life of development rights; and
WHEREAS, the City Commission wishes to grant the extension requested by Sunny
Isles Property Holdings, LLC based on payment of the initial annual fee.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Incorporation of Recitals. All recitals are incorporated into the body of this
Resolution as if same were fully set forth herein.
Section 2. Approval of Extension. The City Commission hereby approves an extension up to
ten (10) years for the useful life of development rights owned by Sunny Isles Property Holdings,
LLC provided that annual extension fee is paid on a timely basis.
Section 3. Authority of the City Manager. The City Manager has the authority to do all things
necessary to effectuate this Resolution.
Section 4.
Effective Date. This Resolution shall become effective upon adoption.
PASSED AND ADOPTED this 18th day of February 2010.
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'ATTEST:
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, 'O/N '
. ane A. Hines, City Clerk
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APPROVED AS TO FORM
AND LE L S FFICIENCY:
Moved by: ~6j'Y'~rrt,,'!!L
Seconded by: C1t'tvtY\ \~S'\ ~tUC(.X2... cDoO'bmM
Vote: 5-0
Mayor Edelcup
Vice Mayor Thaler
Commissioner Goodman
Commissioner Brezin
Commissioner Scholl
V(Y es)
l./1Y es)
C7(Y es)
~(Xes)
_(Yes)
_(No)
_(No)
_(No)
_(No)
_(No)
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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:
Jorge L. Vera, Assistant City Manger/ Service Division
DATE:
2/18/2010
RE:
Payment of Transfer of Development Rights Extension/Sunny Isles
Property Holdings, LLC.
RECOMMENDATION:
This Resolution is presented for your consideration.
REASONS:
Pursuant to Resolution No. 2009-1398, adopted March 19,2009, any owner of privately
owned development rights ("TDRs") acquired pursuant to Section 265-23 of the Land
Development Regulations may request up to a (10) year extension to utilize development
rights purchased by a private party upon an annual payment fee.
Sunny Isles Property Holdings, LLC. is requesting an extension of the TDRs in the
amount of 50 units and 126,637 square feet of floor area. The annual payment of $10,075
has been paid to preserve the development right stated above. This extension does not
create any vested rights with respect to the development rights.
A TT ACHMENTS:
. Resolution
http://sibagenda. sibfl.net/agenda/Preview.aspx?l temID=202&MeetingID=0&MeetingDate... 2/12/2010