My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Reso 2008-1350
SIBFL
>
City Clerk
>
Resolutions
>
Regular
>
2008
>
Reso 2008-1350
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/1/2010 9:42:52 AM
Creation date
2/26/2009 11:46:53 AM
Metadata
Fields
Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
R2008-1350
Date (mm/dd/yyyy)
11/18/2008
Description
Regalia Amended and Restated Promissory Note for TDRs
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />RESOLUTION NO. 2008-J3<iO <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, APPROVING AN AMENDED AND <br />RESTATED PROMISSORY NOTE BETWEEN THE CITY OF SUNNY <br />ISLES BEACH AND REGALIA HOLDINGS, LLC. FOR PAYMENT OF <br />TRANSFER OF DEVELOPMENT RIGHTS; PROVIDING THE CITY <br />MANAGER AND CITY ATTORNEY WITH THE AUTHORITY TO DO <br />ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; <br />PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, by Resolution 2007-1121, adopted June 2 L 2007_ the City Commission approved <br />a promissory note between the City of Sunny Isles Beach and Regalia Holdings, LLC. for payment of <br />transfer of development rights ("TORs") pursuant to Resolution No. 2006-891, adopted February 16, <br />2006; and <br /> <br />WHEREAS, Regalia is requesting a six (6) month extension (October 1, 2008 to March 31, <br />2009) to pay the outstanding balance for the TORs; and <br /> <br />WHEREAS, the City Commission wishes to approve the extension request. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Amended and Restated Promissory Note. The City Commission hereby <br />approves the Amended and Restated Promissory Note Attached hereto as Exhibit "A". <br /> <br />Section 2. Authorization of the City Mana~er and the City Attorney. The City Attorney and the <br />City Manager are hereby authorized to do all things necessary to effectuate the intent of this <br />Resolution. <br /> <br />Section 3, <br /> <br />Effective Date. This Resolution shall become effective upon adoption. <br /> <br />PASSED AND ADOPTED this t r day of <br /> <br /> <br />2008 <br /> <br />ATTEST: <br /> <br />~~~ <br /> <br />Jane A. Hines, City Clerk <br /> <br />Approving Amcndcd And Rcstatcd Promissory Notc For Rcgalia Pagc I or 2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.