Reso 2005-873 - Laserfiche WebLink

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Records of Miami-Dade County, Florida. Parcel 2 All that part of the North 100 feet of the South 200 feet of Lot 1, of TATUM'S OCEAN PARK SUBDIVISION, according to the plat thereof, as recorded in Plat Book 10 at Page 64 of the Public Records of Miami-Dade County, Florida, extending from the Erosion Control Line of the Atlantic Ocean, said line recorded in Plat Book 134 at Page 47 of the Public Records of Miami- Dade County, Florida, to the East right of way of State Road A-I-A (formerly State Road 140), as said road is shown, on a Plat thereof, recorded in Plat Book 47 at Page 101, of the Public Records of Miami-Dade County, Florida. Parcel 3 The Southerly 100 feet of Lot 1, of TATUM'S OCEAN PARK SUBDIVISION, according to the plat thereof as recorded in Plat Book 10 at Page 64 of the Public Records of Miami-Dade County, Florida, said property described as follows: Bounded on the West by the East right of way line of Ocean Boulevard (State Road A-I-A and State Road 140), said road recorded in Plat Book 47 at Page 101 of the Public Records of Miami- Dade County, Florida; bounded on the East by the Erosion Control Line of the Atlantic Ocean, said line Recorded in Plat Book 134 at Page 47 of the Public Records of Miami-Dade County, Florida, bounded on the North by the Northerly line of the Southerly 100 feet of Lot 1; bounded on the South by the Southerly line of referenced Lot 1. WHEREAS, the City Commission agrees to authorize the transfer of the TDRs contemplated herein in accordance with its transfer of development rights ordinance. 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.04-Z-85, the City Commission hereby authorizes the transfer of the development rights in the amount of 126,737 square feet of floor area and 50 dwelling units to Sunny Isles Development Company LLC. from the TDR sub- account of Bellagio Strip Bank. Section 3. Directive to Zoning Administrator. The Zoning Administrator or designee is hereby directed to transfer the development rights from TDR Bank to Sunny Isles Development Company LLC., in accordance with Zoning Resolution No. 04-Z-85. Section 4. Consent to Transfer from Sub-Bank Accounts. The consent to transfer TDRs from the bank account owned by Bellagio Strip Bank reflected in the attached notarized letter. Section 5. Adjustment to TDR Bank. The Zoning Administrator is hereby instructed to make the necessary adjustments to the TDR sub-account owned by Sunny Isles Development Company Sunny Isles Dev Co TDR Bank Page 2 of3