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RESOLUTION NO. 26-Z-'ZA <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, <br />FLORIDA, APPROVING A SITE PLAN MODIFICATION APPLICATION (PZ2025-12) <br />SUBMITTED BY MIA 43 INC, FOR THE PROJECT ENTITLED "MANSIONS AT <br />ACQUALINA" TO INCREASE THE FLOOR AREA RATIO (FAR) OF COMBINED <br />DWELLING UNITS 4301 AND 4302 BY 305 SQUARE FEET OF FAR, THROUGH THE <br />CITY'S TRANSFER DEVELOPMENT RIGHTS (TDR) PROGRAM, BY ENCLOSING A <br />SECTION OF THE DWELLING UNIT BALCONY, WHICH WILL INCREASE THE <br />APPROVED OVERALL SQUARE FOOTAGE OF FAR FOR MANSIONS AT ACQUALINA <br />PROJECT FROM 436,325 SQUARE FEET OF FAR TO 436,630 SQUARE FEET OF FAR; <br />PROVIDING THE CITY MANAGER WITH THE AUTHORITY TO DO ALL THINGS <br />NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR SEVERABILITY; <br />PROVIDING FOR REPEALER; PROVIDING FOR AN EFFECTIVE DATE. <br />WHEREAS, MIA 43 INC (the "Applicant") is seeking approval of a Site Plan Modification <br />(PZ2025-12) to modify the approved site plan for the Mansions at Acqualina project which was <br />approved by the City of Sunny Isles Beach ("City") pursuant to Resolution No. 11-Z-124 passed <br />and adopted December 22, 2011, and later modified through Resolution No. 12-Z-127 passed <br />and adopted March 15, 2012; and <br />WHEREAS, the overall Mansions at Acqualina project initially utilized 431,305 square feet <br />of Floor Area Ratio ("FAR"), and throughout the years, several independent unit owners <br />(Resolution No. 16-Z-159, Resolution No. 17-Z-164, Resolution No. 19-Z-170, Resolution No. 19- <br />Z-171, Resolution No. 21-Z-181, Resolution No. 21-Z-183, Resolution No. 21-Z-185, Resolution <br />No. 22-Z-190, Resolution No. 22-Z-191, Resolution No. 23-Z-195, Resolution No. 23-Z-196, <br />Resolution No. 25-Z-214, Resolution No. 25-Z-217, and Resolution No. 25-Z-218) have obtained <br />approval for balcony enclosures, through the City's Transfer Development Rights ("TDR") <br />program, increasing the overall FAR of the project to 436,325 square feet of FAR; and <br />WHEREAS, the applicant is seeking to increase the FAR of combined dwelling Units 4301 <br />and 4302 by 305 square feet of FAR, through the City's TDR program, by enclosing a section of <br />the dwelling unit's balcony; and <br />WHEREAS, pursuant to the instant site plan modification, the Applicant is seeking to <br />purchase TDR's in the amount of 305 square feet of FAR and zero (0) dwelling units; and <br />WHEREAS, via Resolution NoF-*Z&— the City Commission approved the Applicant's <br />purchase of TDRs in the amount of 305 square feet of FAR and 0 dwelling units from the City's <br />public TDR bank, and further approved the assignment of solely the 305 square feet of FAR to <br />the property located at 17749 Collins Avenue, combined Units 4301 and 4302, in furtherance of <br />the requested site plan modification; and <br />WHEREAS, the Applicant's site plan modification application requests the following: <br />Resolution for Site Plan Modification Page 1 of 6 <br />52 <br />