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<br />DRBIS & KEY INTERNATIONAL, LLLP. <br /> <br />March 9, 2010 <br /> <br />Jorge Vera <br /> <br />Assistant City Manager <br /> <br />18070 Collins Avenue <br /> <br />Sunny Isles Beach, Florida 33160 <br /> <br />RE: Extension of TORs for 400 Sunny Isles. <br /> <br />Dear Mr. Jorge Vera: <br /> <br />Pursuant to Resolution No. 2009-1398, any owner of privately owned development rights ("TORs") <br />acquired pursuant to Section 265-35 of the Sunny Isles Beach Code may Request a ten (10) year <br />extension to utilize the development rights. <br /> <br />Please extend the 83,490 square feet of development rights ("TORs") and 46 units for the property at <br />400 Sunny Isles. <br /> <br />Thank you, <br /> <br />-";;,~~r~~~~~~~;=~~~~~;~~~::=- <br /> <br />Inigo Ardid <br /> <br />Vice President <br /> <br />Urbis and Key International LLLP <br /> <br />848 Brickell Ave. Suite 700 Miami, Florida 33131 <br /> <br />Tel. (305) 377-1001 Fax: (305) 377-4113 <br />