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HomeMy WebLinkAboutReso 2011-1808RESOLUTION NO. 2011- (BOB 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 THIRTY FOUR THOUSAND FOUR HUNDRED EIGHTY FIVE (34,485) SQUARE FEET OF FLOOR AREA AND NINETEEN UNITS (19) TO GILCO REALTY, LC A/K/A 18555 DEVELOPERS LLC FOR THE PROPERTY LOCATED AT 18555 COLLINS AVENUE; FROM THE SUB -BANK ACCOUNT OWNED BY FORT APACHE MARINA, LLC,; DIRECTING THE ZONING ADMINISTRATOR OR DESIGNEE TO TRANSFER THE TDRS FROM THE SUB -BANK ACCOUNT IN ACCORDANCE WITH ZONING RESOLUTION 11 -Z Z PROVIDING FOR CONSENT TO TRANSFER TDRS FROM THE SUB -BANK ACCOUNTS; AUTHORIZING THE ADJUSTMENT AND MODIFICATION OF THE TDR SUB -BANK; PROVIDING THE CITY MANAGER WITH THE AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, by Zoning Resolution No. 11-7- 123, adopted November 17, 2011, the City Commission approved the zoning application submitted by Gilco Realty, LC. a/k/a 18555 Developers, LLC ( "Applicant ") for the transfer of TDRS in the amount of 34,485 square feet of floor area and 19 dwelling units; and WHEREAS, by Resolution No. 2005 -784, adopted April 14, 2005, the City Commission designated the Tract "B" of Porto Bellagio, LLC as a sending site for purposes of transferring TDRs, currently owned by Fort Apache Marina, LLC in the amount 34,485 square feet and 19 dwelling units; and WHEREAS, pursuant to City Resolution 2011 -1797 the Commission agreed on releasing restriction imposed under Resolution 2005 -784 as to the use of the Tract `B" of Porto Bellagio TDRs strictly on the west side of Collins Avenue; and WHEREAS, the City's TDR Sub -Bank account owned by Fort Apache Marina, LLC. will be adjusted to reflect the sale of TDRs to the Applicant to reflect the reduction of thirty four thousand four hundred eighty five (34,485) square feet of floor area and four (19) dwelling units; and WHEREAS, the City recognized the Assignment of Development Rights prepared on November 9, 2011 as described as "Exhibit A "; and WHEREAS, the City has received written and notarized Indemnification Agreement from Gilco Realty, LC. a/k/a 18555 Developers, LLC and Fort Apache Marina, LLC as described as "Exhibit B." Gilco Realty, LC TDR Bank Page 1 of 3 WHEREAS, the property receiving the TDRS is described as follows: Parcel 1. All of Tract "L" less the south 200 feet thereof and less the north 100 feet thereof, of AMENDED Plat of North Biscayne Beach, PB 44 Page 42. 2.21 acres (96,162 sq ft) WHEREAS, the City Commission agrees to authorize the transfer of the TDRs contemplated herein in accordance with its transfer of development rights ordinance. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are incorporated herein by reference as if they are fully set forth herein. Section 2. Authorizing the Transfer of Development Rights. Pursuant to Section 265 -23 of the City Code and in accordance with Zoning Resolution No. I l -Z- I;z the City Commission hereby authorizes the transfer of the development rights in the amount of 34,485 square feet of floor area and 19 dwelling units to Gilco Realty, LC. a/k/a 18555 Developers, LLC from the TDR sub - account of Fort Apache Marina, LLC. Section 3. Directive to Zoning Administrator. The Zoning Administrator or designee is hereby directed to transfer the development rights from TDR Bank to Gilco Realty, LC. a/k/a 18555 Developers, LLC, in accordance with Zoning Resolution No. Il Z-IZ3. Section 4. Consent to Transfer from Sub -Bank Accounts. The consent to transfer TDRs from the account owned by Fort Apache Marina, LLC in the Porto Bellagio Sub Bank reflected in the Assignment of Development Rights. Section 5. Authority of the City Manager. The City Manager is hereby authorized to do all things necessary to effectuate this Resolution. Section 6. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 17 day of November, 2011. No/man S. Edelcup, Mayor ATTEST: � 4 a4�� Jane A. Hines, City Clerk Gilco Realty, LC TDR Bank Page 2 of 3 .... O •►D,W Vote: �-b S TO FORM tYfICIENCY: City Attorney Mayor Edelcup Vice Mayor Thaler Commissioner Aelion Commissioner Gatto Commissioner Scholl Gilco Realty, LC TDR Bank Page 3 of 3 Moved by: Seconded by: An G&=() /(Yes) (No) Yes) (No) ✓(Yes) (No) ✓(Yes) (No) ✓Yes) (No) Prepared by: Warren Jay Stamm, Esq. 18001 Collins Avenue, 3151 Floor Sunny Isles Beach, FL 33160 (305) 932 -1000 ASSIGNMENT OF TRANSFER OF DEVELOPMENT RIGHTS KNOW ALL MEN BY THESE PRESENTS, the Fort Apache Marina, LLC, a Florida limited liability company ( "Fort Apache" or Assignor "), for and in consideration of the sum of Ten and No /100 ($10.00) Dollars, and other good and valuable consideration, paid, received from, and on behalf of 18555 Developers, LLC, a Florida limited liability company ( "Assignee "), its heirs, successors, or agents, at or before ensealing and delivery of the presents, in Miami -Dade County, Florida, State of Florida, the receipt and sufficiency of which is hereby acknowledged and accepted, does hereby grant to Assignee 34,485 square feet of Transfer of Development Rights ( "TDRs ") and 19 corresponding units held in an account designed for and held for Fort Apache, with the City of Sunny Isles Beach, Florida. WHEREFORE, Fort Apache has on deposit in a TDR Bank with City of Sunny Isles Beach, Florida, the amount of 34,485 square feet of TDRs and 19 corresponding units in an account for the benefit of Fort Apache as owner of same; NOW, THEREFORE, in consideration of the mutual promise and exchange between the parties and other good and valuable consideration, the parties agree and stipulate as follows: 1. The above recitals are true and correct and are hereby incorporated by reference herein. 2. Fort Apache upon execution of this Assignment, hereby assigns and transfer 34,485 square feet of TDRs and 19 corresponding units to Assignee, its heirs, successors, or agents. TO HAVE AN TO HOLD, the same unto the said Assignee, its heirs, legal representatives, successors, administrators and assigns forever. IN WITNESS WHEREOF, the party herein has caused this Assignment of Transfer Development Rights to, be executed by its duly authorized representative freely and voluntarily on this . L-41 day of �j/ , 2011. (See Separate Signature Pages) Witnessed: --I o,ma-'e.1 Pend Print Name:ne: ti-' J r3 STATE OF FLORIDA ) :SS. COUNTY OF MIAMI DADE ) ASSIGNOR: FORT APACHE MARINA, LLC, a Florida limited liability company By: tc-A�to• Alf d R. Chouinard, Managing Member The for goi g instrument was acknowledged before me this �'� day o �, 201 f� 1, by Alfred R. Chouinard, Managing Member of Fort Apache Marina, LLC, a; orida limi e 1-abili om )any who is personally known to me or who has produced � LJ as identification and who did take an oath. ?oti?RY P(� GLINDA S ALARIO '= MY COMMISSION # DD809504 EXPIRES August 03, 2012 (407) 398 -0153 FlondzNotaryService com MM !/1 t, ?oti?RY P(� GLINDA S ALARIO '= MY COMMISSION # DD809504 EXPIRES August 03, 2012 (407) 398 -0153 FlondzNotaryService com Witnessed: Print Print Name:--t!14\c -, 1 -V .V �'`' STATE OF FLORIDA ) :SS. COUNTY OF MIAMI DADE ) ASSIGNEE: 18555 D limited I By: ( /-' " Gil Dezer, Managing Member The fi of instrument was acknowledged before me this C � day of.' OIT�� 2011, by Gil Dezer, Managing Member of 18555 Developers, LZC, a Flbr'da limited liability Ico y o is personally known to me or who has produced �V: C� �a identification and who did take an oath. l _ r T BLIC GL.INDA S /VLARIO ,g MY COMMISSION # DD809504 EXPIRES August 03, 2012 (407) 398 -0153 Florida NotaryService.com INDEMNIFICATION AGREEMENT This Indemnification Agreement dated this L7 fI day of 1� 1 2011, by Fort Apache Marina, LLC, a Florida limited liability company ( "Fort Apache "), and 18555 Developers, LLC, a Florida limited liability company ( "18555 ") in favor of the City of Sunny Isles Beach, Florida (the "City "). WITNESSETH: WHEREAS, Fort Apache has assigned to 18555 the 34,485 sq. ft. of Transfer of Development Rights ( "TDR's ") and 19 corresponding units held in an account designated and held for the benefit of Fort Apache with the City; and WHEREAS, Fort Apache and 18555 have agreed to indemnify and hold harmless the City as hereinafter provided; NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties do hereby agree as follows: 1. The above recitals are true and correct and are incorporated herein. 2. Fort Apache has assigned to 18555 the 34,485 sq. ft. of TDR's and 19 corresponding units which are held in an account for the benefit of Fort Apache with the City. 3. Fort Apache and 18555 agree and do hereby indemnify and hold harmless the City from any liability as to any claims that may arise between them or any private parties as a result of the transfer of the TDR's from Fort Apache to 18555. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first above written. (See Separate Signature Pages) 1 #4--) Witnessed: If ASSIGNOR: FORT APACHE MARINA, LLC, Florida limited liability company By: Print Name:(;' A(- `1 i J i ed R. dhouinard, Managing Member STATE OF FLORIDA ) :SS. COUNTY OF MIAMI DADE ) The fo egoing instrument was acknowledged before me this day o 2011, by Alfred R. Chouinard, Managing Member of Fort A ache Marina, LLC, a rida i e l a 'lity Mmiddntification is personally known to me or who has produced Q and who did take an oath. i C LINDA S ALARM E398-0 �I" COMMISSION # DD803504 EXRIRES August 03, 2012 Floritlakotaryservlce.com 2 Witnessed: Print Print Dame: Iri STATE OF FLORIDA ) :SS. COUNTY OF MIAMI DADE ) ASSIGNEE: 18555 DE EI Limited iabill By. \. , Managing Member Florida Th foe i instrument was acknowledged before me this day of V� 2011, by Gil Dezer, Managing Member of 18555 Developers, LL , a Fl ida limit d 11� ility co y� o is personally known to me or who has produced C� a is and who did take an oath. OT R P BLIC E398-01 GLINDA S ALARIO COMMISSION # DD80 °504 XPIRES August 03, 2012 ioridallotaryService. cam 3 MEMORANDUM To: The Honorable Mayor and City Commission Via: Alan J. Cohen, City Manager From: Claudia Hasbun, Planner Date: November 17, 2011 City Commission Norman S. Edelcup, Mayor Lewis J. Thaler, Vice Mayor Issac Aelion, Commissioner Jeanette Gatto, Commissioner George "Bud" Scholl, Commissioner Alan J. Cohen, City Manager Hans Ottinot, City Attorney Jane A. Hines, City Clerk Re: Porsche Design /Fort Apache Marina, LLC. Transfer Development Rights RECOMMENDATION It is recommended that the City Commission adopt the attached resolution. REASONS Under Resolution No. 2005 -784, adopted April 14, 2005, the City Commission designated the Tract "B" of Porto Bellagio, LLC as a sending site for purposes of transferring TDRs. Described as a private TDR Sub -Bank account for the purpose of transferring such right to receiving sites in the future, currently owned by Fort Apache Marina, LLC in the amount 34,485 square feet and 19 dwelling units. Gilco Realty, LC a/k/a 18555 Developers LLC developers for the "Porsche Design Residences" located at 18555 Collins Avenue is requesting that the City authorizes the transfer of the approved development rights under City Resolution 2005 -784 from TDR Sub -Bank Fort Apache Marina, LLC to Porsche Design Residences. Agenda Item 1 o K Date I1 -11— I 1