Resolution Zoning 07-Z-107 - Laserfiche WebLink

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III. APPROV ALS. The approvals sct forth in this Section II1 are subject to (A) All of the conditions set forth in this Resolution; (B) The purchase price to be paid by Applieant for the TOR's based on an appraisal to be prepared for the City; (C) Full payment of the amount of $1,282,655.00 of the approved purchase price, within three (3) working days of the City Commission approval of the purchase priee, but in no event later than 5 p.m. on Tuesday, January 23, 2007, A. The Applicant's request for approval of the Property as a Receiver Site and for approval of the transfer of 9,757 square feet and zero (0) dwelling units development rights from the City's Transfer of Development Rights Bank ("Bank") to the property, pursuant to Section 265-23 of the LDRs, is hereby conditionally granted, and, subject to all of the conditions outlined herein, the City Commission finds such transfer eonsistent with the goals, policies and objectives of the Comprehensive Plan and the expressed purpose of Section 265-23 of Code of the City of City of Sunny Isles Beach as amended.. (An adjustment to be made for a deerease of 9,757 sq. ft. and five (5) dwelling units from the City's Transfer Development Rights Bank). B. The Applicant's request for approval of a modification of site plan for a 40 stories, 281 unit eondominium previously approved under Resolution No. 04-Z-83 (see attaehed) is hereby granted. IV. CONDITIONS 1. That the property be developed substantially in accordance with the plan previously submitted for public hearing for "Ocean IV" and on file, entitled "Boundary Survey", prepared by Fortin, Leavy, Skiles, Ine., dated revised OS/27/03 and plans entitled "Ocean Four", prepared by The Sieger Suarez Architeetural Partnership eonsisting of 27 sheets dated revised 03115/04 and plans entitled "Master Site Civil", prepared by EDC Corp., eonsisting of 4 sheets dated signed and sealed 03118/04, and plan cntitled "Photometric Site Plan", prepared by FES Mechanical and Electrieal Engineer dated, signed and sealed 08118/03. And plans submitted for public hearing for "TRG Desert Inn Ventures, Ltd." are on file in the Planning and Zoning Oepartment entitled "Ocean Four", prepared by The Sieger Suarez Architectural Partnership, consisting of21 sheets dated revised 11/27/06. 2. That the Applicant shall provide the City with full payment in the amount of the approved purchase price of $1, 282,655.00 for the TORs purehase from the City Bank no later than 5 p.m. Tuesday, January 23, 2007. Failure to pay the required payment within the three (3) working days of approval of TOR application and site plan application shall result in an automatic voiding of the City Commission approval of the Receiving Site, transfer of TORs, site plan approval. 3. All conditions approved under Resolution 04-Z-83 shall remain in effect. 3 Ocean Four Z2006-09