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<br />RESOLUTION NO. 2005-1 S&, <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, APPROVING THE RELEASE <br />OF REMAINDER TRACT "D" FROM UNITY OF TITLE <br />AGREEMENT FOR 17070 COLLINS AVENUE SHOPPING <br />CENTER, LTD., LEGALLY DESCRIBED AS TRACTS "A", "B", <br />"C", AND "D" OF RK MARINA APARTMENTS PLAT BOOK 157 <br />PAGE 70 AND ACCEPTING A W AIVERlEXTINGUISHMENT OF <br />DEVELOPMENTIDENSITY RIGHTS, ATTACHED HERETO AS <br />EXHIBIT "I"; PROVIDING THE MAYOR TO EXECUTE THE <br />RELEASE AND AUTHORIZING THE CITY MANAGER TO DO <br />ALL THINGS NECESSARY TO EFFECTUATE THIS <br />RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, a request has been made for the release of a Unity Title imposed upon the <br />property situated at 171 00 North Bay Road, alk/a Porto Bellagio; and <br /> <br />WHEREAS, the Unity of Title was recorded in Official Record Book 19830 Page 1497 <br />in the official records of Miami-Dade. <br /> <br />WHEREAS, staffhas reviewed the request and has no objection to the request. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION <br />OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Release of Unity of Title. The City Commission hereby releases Remainder Tract <br />"D" (described in Exhibit "I") from the original Unity of Title imposed upon the property, which <br />was recorded in the Official Records Book 19830 at Page 1497 legally described as Tracts A, B, <br />C and D of RK Marina Apartments Plat Book 157 Page 70, and accepts the <br />Waiver/Extinguishment of Development/Density Rights, attached hereto as Exhibit "2". <br /> <br />Section 2. Authority of Mavor The City Commission hereby gives the Mayor the authority <br />to execute the release of the Agreement and authorizing the City Manager to do all things <br />necessary to effectuate this Resolution. <br /> <br />Section 3. <br /> <br />Effective Date. This Resolution shall become effective upon adoption. <br /> <br />PASSEDANDADOPTEDthiS~daYOf~~ ,2005. <br /> <br /> <br />R200S. Porto Bellagio Release Of unity Of Title AhernateDoc Page 1 of 5 <br />