HomeMy WebLinkAboutReso 2010-1545
RESOLUTION NO. 2010 - ~
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 URBIS & KEY
INTERNATIONAL, LLLP., 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 Urbis &
Key International LLLP., 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 Urbis & Key International
LLLP., 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 March 2010.
Approving Ex!. TDRs Urbis & Key International LLLP Page I of2
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'. .Ja~e A. Hine~,. ~!'1C, City Clerk
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AS TO FORM
FICIENCY:
Moved by:
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Seconded by:
Vote: 5-()
Mayor Edelcup
Vice Mayor Thaler
Commissioner Goodman
Commissioner Brezin
Commissioner Scholl
V'(Y es)
V(Yes)
17(Yes)
j2J...Yes)
--1L.(Y es)
_(No)
_(No)
_(No)
(No)
_(No)
Approving Ex!. TDRs Urbis & Key International LLLP Page 2 of2
DRBIS & KEY INTERNATIONAL, LLLP.
March 9, 2010
Jorge Vera
Assistant City Manager
18070 Collins Avenue
Sunny Isles Beach, Florida 33160
RE: Extension of TORs for 400 Sunny Isles.
Dear Mr. Jorge Vera:
Pursuant to Resolution No. 2009-1398, any owner of privately owned development rights ("TORs")
acquired pursuant to Section 265-35 of the Sunny Isles Beach Code may Request a ten (10) year
extension to utilize the development rights.
Please extend the 83,490 square feet of development rights ("TORs") and 46 units for the property at
400 Sunny Isles.
Thank you,
-";;,~~r~~~~~~~;=~~~~~;~~~::=-
Inigo Ardid
Vice President
Urbis and Key International LLLP
848 Brickell Ave. Suite 700 Miami, Florida 33131
Tel. (305) 377-1001 Fax: (305) 377-4113
-
City of Sunny Isles Beach
18070 Collins A venue
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 Manager
DATE:
3/18/2010
RE:
Payment of Transfer of Development Rights Extension
RECOMMENDA TION:
This resolution is presented for your consideration and approval.
REASONS:
Pursuant to Resolution No. 2009-1398, adopted March 19,2009, any property owner of
privately owned development rights (ITDRs") acquired pursuant to Section 265-23 of the
Land Development regulations may request up to ten (10) years extension to utilize
development rights purchased by a private party upon an annual payment fee.
Urbis & Key International, LLLP. is requesting an extension of the TDRs in the amount
of 83,490 square feet of floor area and 46 units annually renewed for a period of up to 10
years. The annual payment of $6,637 has been paid to preserve the development rights
for this year as stated above. This extension does not create any vested rights with
respect to the development rights.
ATTACHMENTS:
. Resolution
. Extension Request Letter
Agenda Item No.1 OH
Date 3/18/2010