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CFN 2171480080026 OR Bk 29013 Pss 1261 - 1263; (3P90 RECORDED 01/31/2014 14:30:32 HARVEY RUVINr CLERK OF COURT MIAMI -DADE COUNTYF FLORIDA RESOLUTION NO. 2013- gj_50 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA; AUTHORIZING THE ASSIGNMENT OF TDRS IN THE ANIOUNT OF THIRTY THREE THOUSAND THREE HUNDRED SIXTY FOUR (33,364) SQUARE FEET OF FLOOR AREA AND ZERO (0) DWELLING UNITS TO DEZER DEVELOPMENT LLC., FOR THE RECEIVING SITE LOCATED AT 18080 COLLINS AVENUE; DIRECTING THE ZONING ADMINISTRATOR OR DESIGNEE TO TRANSFER THE TDRS FROM THE BANK ACCOUNT IN ACCORDANCE WITH ZONING RESOLUTION I2,Z -I AUTHORIZING THE ADJUSTMENT AND MODIFICATION OF THE TDR BANK ACCOUNT; PROVIDING THE CITY MANAGER IVITH THE AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, by Resolution No. 2011 -1795, adopted on November 9; 2011, the City Commission approved the creation of the Private TDR sub - account bank in favor of Dezer Development. LLC ( "Applicant') to facilitate the construction of a commercial office building; and WHEREAS, by Zoning Resolution No.13Z 138. adopted on October 17, 2013, the City Commission approved the zoning application submitted by the Applicant and the request to utilize TDRs in the amount of 33,364 square feet of floor area and 0 dwelling units; and WHEREAS, the private TDR Bank balance will be adjusted to reflect the transfer of Thirty Three Thousand Seven Hundred Fifty (33,750) and Sixteen (16) dwelling units: and WHEREAS, the property receiving the TDRS is described as follows: Parcel 1. Tracts A and B, of S.I.B. GOVERNMENT CENTER. according to the Plat thereof. as recorded in Plat Book 168, Page 75 of the Public Records of Miami -Dade County, Florida. "Also Known as': A portion of the Plat of S.I.B. GOVERNMENT CENTER, according to the Plat thereof, as recorded in Plat Book 168, Page 75. of the Public Records of Miami -Dade County; more particularly described as: All of Parcel 1, LESS the North 150 feet, as measure along the East line thereof, and LESS the South 499.145 feet as measured along the East line thereof, of the REPLAT OF TRACT "A" SUNNY ISLES SHORES SECTION A. according to the Plat thereof, recorded in Plat Book 64, Page 74, of the Public Records of Miami -Dade County. Florida. (18080 Collins Avenue) WHEREAS, the City Commission agrees to authorize the transfer of the TDRs contemplated herein in accordance with its transfer of development rights ordinance. Transfer & Assignment Dezer Development, LLC (Dezer Office Tower) TDR Bank Page 1 of 3 6