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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are <br />incorporated herein by reference as if they are fully set forth herein. <br />Section 2. Authorizing the Sale and Assignment of TDRs from the City's public TDR account to <br />Florida House Turnberry, LLC. The City Commission hereby approves the sale and assignment of <br />Transfer of Development Rights ("TDRs") in the amount of 287 square feet of FAR and zero (0) <br />dwelling units from the City's public TDR account to Florida House Turnberry, LLC. Florida House <br />Turnberry, LLC shall submit to the City payment in full in the amount of Thirty -Five Thousand Eight <br />Hundred Seventy -Five Dollars ($35,875.00) within ten (10) working days from the approval of this <br />Resolution, if payment is not received, TDRs Sale and Assignment is void and null. <br />Section 3. Authorizing the Withdrawal and Assignment of TDRs. The City Commission hereby <br />authorizes the Development Services Director to withdraw 287 square feet of FAR and zero (0) <br />dwelling units from the City's public TDR account and to assign 287 square feet of FAR for the <br />development project for the property located at 17749 Collins Avenue Unit 1802, Sunny Isles <br />Beach, Florida approved under Zoning Resolution No. <br />Section 4. Directive to Development Services Director. The Development Services Director or <br />their designee is hereby directed to adjust the City's public TDR account to reflect the withdrawal <br />of TDRs in the amount of 287 square feet of FAR and zero (0) dwelling units according to Zoning <br />Resolution No. <br />Section 5. Authority of the City Manager and City Attorney. The City Manager and City <br />Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br />Section 6. Repealer. All Resolutions or parts of Resolutions in conflict herewith shall be and <br />are hereby repealed. <br />Section 7. Effective Date. This Resolution shall become effective upon adoption. <br />ATTEST: <br />PASSED AND ADOPTED this 21St day of Octob r- 21. <br />Larisa Svechin, Mayor <br />APPROVED AS TO FORM <br />@BCL@100C09C7.docx Page 2 of 3 <br />