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Development Regulations, the City Commission hereby finds and concludes that the Applicant's <br />request for a site plan modification of the approved site plan under Resolution No. 11-Z-124 <br />adopted on December 22, 2011, which was later modified by Resolution Nos. 12-Z-127, 16-Z-159, <br />17-Z-164, 19-Z-170, 19-Z-171, 21-Z-181, and 21-Z-183: <br />increase the Floor Area Ratio (FAR) of dwelling Unit 1101 by 308 square feet of <br />FAR, through the City's TDRs program, by enclosing a section of the dwelling unit's <br />western balcony and a portion of an interior corridor adjacent to the unit, thus <br />increasing the overall square footage of FAR for Mansions at Acqualina project <br />from 433,254 square feet of FAR to 433,562 square feet of FAR. <br />is in compliance with the Comprehensive Plan and the Land Development Regulations of the City <br />of Sunny Isles Beach, and there is substantial competent evidence to support approval of the <br />application. <br />Section 3. Approval. The Applicant's request for a site plan modification of the <br />approved site plan under Resolution No. 11-Z-124 adopted on December 22, 2011, which was <br />later modified by Resolution Nos. 12-Z-127, 16-Z-159, 17-Z-164, 19-Z-170, 19-Z-171, 21-Z-181, <br />and 21-Z-183 to increase the Floor Area Ratio (FAR) of dwelling Unit 1101 by 308 square feet of <br />FAR, through the City's TDRs program, by enclosing a section of the dwelling unit's western <br />balcony and a portion of an interior corridor adjacent to the unit, thus increasing the overall <br />square footage of FAR for Mansions at Acqualina project from 433,254 square feet of FAR to <br />433,562 square feet of FAR, is hereby approved subject to all conditions set forth in Section 4 <br />below. <br />Section 4. Conditions. <br />I. Conditions to be completed before demolition, below grade or building permits are <br />kcuad <br />A. That the plans in the approval be substantially in accordance with that submitted for <br />public hearing, which are entitled "Terrace Conversion for: Unit #1101", prepared by <br />Ramos Architects & Associates stamped received December 22, 2021, consisting of 2 <br />sheets. Plans are subject to revisions -based comments provided by zoning staff of the City <br />of Sunny Isles Beach. Plans are subject to modification. <br />B. If the accepted appraised value is at $125.00, the Applicant shall submit evidence of <br />purchase of the required 308 square feet of FAR and 0 dwelling units of Transfer <br />Development Rights (TDRs) subject to the Site Plan Approval. That the Applicant provides <br />the City with a non-refundable deposit in the amount of ten percent (10%) of the <br />approved purchased price of $38,500.00 for the TDRs purchased from the City Bank. The <br />total amount of the deposit is $3,850.00. Failure to pay the required deposit within the <br />three (3) working days of approval of the TDRs application and site plan application shall <br />3 <br />