Resolution Zoning 03-Z-74 - Laserfiche WebLink

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WHEREAS, the City Commission has reviewed the application, and finds substantial competent evidence to support a showing by the Applicant that the request for site plan approval and for the Transfer of Development Rights are in compliance with the Land Development Regulations and the Comprehensive Master Plan of the City and maintain the basic intent and purpose of the zoning, subdivision or other land use regulations, which is to protect keep in general welfare of the public, particularly as it affects the stability and appearance of the community. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: II. APPROVALS. The Applicant's request for a Transfer of Development Rights, Site Plan Approval is hereby approved as follow: 1. Pursuant to Section 515 of the City of Sunny Isles Beach Land Development' Regulations, the applicant is requesting to transfer 33,657 square feet of development rights from the City. This approval is subject to the acceptance of an appraisal amount on a square footage basis that will be determined by an MAl appraisal acceptable to the City Manager, taking into account the new zoning approval in accordance with this resolution, and further procedures being developed to effectuate this program, notwithstanding the fact that such procedures may be formally adopted subsequent to this particular approval. 2. Pursuant to Section 508 of the City of Sunny Isles Beach Land Development Regulations the applicant is requesting a site approval for a 29 story, 90-unit condominium. The approval and all conditions listed below are transferable to applicant's successor, buyers or assignee and subject to the conditions set forth below being performed to the satisfaction of the City and subject to all procedures to be adopted relating to that transfer. III. CONDITIONS A. Conditions to be completed before buildint! permits are issued or any construction commenced 1. That an up to date appraisal of the property (current to within 60 days) be approved by the City. The City Manager shall agree on the T.D.R. value before issuance of any building permits (demolition, sales trailer permit does not constitute a building permit). The applicant and shall pay the amount determined by the City for the transfer of thirty- three thousand six hundred fifty-seven square feet (33,657 sq. ft.) of development rights from the City (a Sender Site) to the subject property described hereinabove (Receiver Site) as approved by the City Commission in this Resolution. The Applicant 03-Z-74 Mandalay LLC Reso JLVI ed Rev. LMD/ch 2