Reso 2005-860 - Laserfiche WebLink

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NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are true and correct and are incorporated herein by reference as if they are fully set forth herein. Section 2. Authorizing the Transfer of Development Rights. Pursuant to Section 265-23.3 of the City Code and in accordance with Zoning Resolution No. bS-2..tt3, the City Commission hereby authorizes the transfer of the development rights in the amount of 4,874 square feet of floor area and 3 dwelling units to Mansiana Ocean Residences. from the TOR sub-account owned by Porto Bellagio Partners LLC. Section 3. ~irective to Zoning Administrator. The Zoning Administrator or designee is hereby directed to transfer the development rights from TOR Bank to Mansiana Ocean Residences LLC in accordance with Zoning Resolution No.05-2-~f Section 4. Consent to Transfer from Sub-Bank Accounts. The consent to transfer TDRs from the sub-bank accounts owned by Porto Bellagio Partners, LLC is reflected in the attached letters. Section 5. Adiustment to TDR Bank for the Bellagio Strip Bank. The Zoning Administrator is hereby instructed to make the necessary adjustments to the TOR sub-account owned by Porto Bellagio Partners LLC. or in the alternative, the TDR Bank commonly known as the Bellagio Strip Ban1e Section 6. Authority of the City Manager. The City Manager is hereby authorized to do all things necessary to effectuate this Resolution. Section 7. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 1 ih day ofNovem . ' .. " J' A:lTEST: ,,",, r' -~ ..~ Ii,~ , J~e A. Hines, Cjty Clerk Mansiana,Bellagio TDR Page 2 of 3