Loading...
HomeMy WebLinkAboutReso 2017-2763 RESOLUTION NO. 2017 1-1 k3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH,FLORIDA,CONFIRMING THE BALANCE OF TRANSFER OF DEVELOPMENT RIGHTS ("TDRs") CURRENTLY HELD IN THE TDR BANK ACCOUNTS BY THE CITY OF SUNNY ISLES BEACH AND PRIVATE OWNERS, ATTACHED HERETO AS EXHIBIT "A"; REQUIRING YEARLY UPDATES FOR TDRs BANK ACCOUNTS; PROVIDING THE CITY MANAGER WITH THE AUTHORITY TO DO ALL THINGS TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the TDR Ordinance has played an instrumental role in making the City greener by facilitating the creation of open space throughout the City; and WHEREAS, the City Commission wishes to confirm the amount of TDRs currently owned by the City of Sunny Isles Beach and private owners. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Development Rights Account Balance. The City Commission hereby confirms the balance of Transfer of Development Rights owned by the City and private owners attached as Exhibit"A". Section 2. Authority of the City Manager. The City Commission hereby directs the City Manager or designee to provide yearly updates of TDR Bank account balances. Section 3. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 21h day of Dec- ber, 20. 7. / z, Geol. H. Scholl, Mayor ," �`.; ATT T: r • ! .'--,' i-•,.., er%row" I n <-' 4Mauricio1. \B-t a u - CMC, City Clerk I APPROVED AS TO FORM AND LEG• . / ICIENCY h/WA/ aft ors Virno , City AY orney Moved by: V h rl,� mAlo, Seconded by: (MAMMA onl E2 4‘4TrOs Vote: Mayor Scholl J (Yes) (No) Vice Mayor Goldman T (Yes) (No) Commissioner Aelion 7 (Yes) (No) Commissioner Gatto ( Yes) (No) Commissioner Svechin 1(Yes) (No) 12/15/2017 Item Coversheet 2 o1/4'° F""Y's`F City of Sunny Isles Beach V -;Z--m,z 18070 Collins Avenue I Sunny Isles Beach, Florida 33160 7- , '.. `" = (305)947-0606 City Hall 0. ti f`').,co s o 1.e° (305)9493113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission VIA: Christopher J. Russo, City Manager FROM: Claudia Hasbun, Planning &Zoning Director DATE: 12/21/2017 RE: Penthouse 1 Garage Conversion at Porsche Design Tower RECOMMENDATION: • This Resolution is presented for your consideration. REASONS: Similar to Mansions of Acqualina, unit owners within the Porsche Design Project are seeking to enclose/convert certain areas within their units for personal use. The conversion of such areas require the need for additional floor area. In this case, the PH1 is converting part of their garage into living area thus requiring an additional floor area of 36 square feet. The increase will be drawn from the 15,000 square feet of TDRs reallocated for the Porsche Design Tower.The 36 square feet shall pay$4,500.00 to the City within 3 business day from the day of this approval. ATTACHMENTS: Description Request Resolution Item Number: 10.E. https://sunnyisles.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=2256 1/1 12/15/2017 Item Coversheet S�NNY'$`6* City of Sunny Isles Beach T, 18070 Collins Avenue Yrj Z Sunny Isles Beach, Florida 33160 y• ',�LL 0.,or se (305)947-0606 City Hall 0,so''0.'° (305)949-3113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission VIA: Christopher J. Russo, City Manager FROM: Claudia Hasbun, Planning and Zoning Director DATE: 12/21/2017 RE: City of Sunny Isles Beach Transfer of Development Bank Account Annual Update • RECOMMENDATION: Staff recommends approval of the attached Resolution. REASONS: The City Commission wishes to confirm the amount of development rights that are currently owned by the City and private owners under our Transferable Development Rights (TDR) program. The documents attached to the Resolution delineate the amount of development rights that are in each TDR account. Page one of the attachment outlines the development rights that the City has acquired during the years, including 2,370,282 square feet of floor area and 1,187 dwelling units from all the properties. This page has no changes from last Fiscal Year. Page two shows the amount of TDRs the City has transferred to private parties. The total amount of TDRs transferred is 1,689,664 square feet of floor area and 843 dwelling units. There is a current balance in the City's TDRs account of 680,618 square feet and 344 units as of the date of this memorandum. There was a minimal reduction from the City's TDR bank account for two Mansions of Acqualina balcony enclosures for a total of 590 square feet of floor • area. Page three of the attachment shows the funds collected by the City from the sale of TDRs for development projects. Over the years, the City has collected $63,963,367.25 from the sale of TDRs. There is another $27,837,787.00 that the City expects to collect in the near future from approved projects. This past Fiscal Year, TDRs payment were received from the Turnberry project. Finally, page four delineates the accounts showing the amount of development rights privately owned. The accounts total 124,986 square feet of floor area and 59 dwelling units. There was a reduction of 26,173 square feet of floor area and 10 dwelling units. This was the result of a closing of the Beach Acquisition account that was assigned to the Turnberry project, and the closing of the 18555 Developers, LLC that was used at the Porsche Design project. https://sunnyisles.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=2253 1/2 12/15/2017 Item Coversheet ATTACHMENTS: Description Resolution TDR Annual Update Item Number: 10.B. https://sunnyisles.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=2253 2/2