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<br />RESOLUTION NO. 2011- 1'1l:/8 <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, EXTENDING THE <br />BUILDING PERMIT ISSUED TO MANSIANA OCEAN <br />RESIDENCES, LLC.; PROVIDING THE CITY MANAGER AND <br />THE CITY ATTORNEY WITH THE AUTHORITY TO DO ALL <br />THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; <br />PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, Pursuant to a Letter Agreement dated August 26, 2009, Mansiana Ocean <br />Residences, LLC ("Mansi ana") agreed to pay $607,585.16 to the City for outstanding building <br />permit fees no later than August 26, 2011; and <br /> <br />WHEREAS, in accordance with an Agreed Court Order issued in a foreclosure action <br />against Mansiana, Mercantil Commerce Bank, N.A. ("Commerce Bank") provided the City with the <br />aforementioned payment on behalf of Mansiana; and <br /> <br />WHEREAS, the Agreed Court Order requires the City to extend the building permit issued <br />to Mansiana for a period ending on August 28, 2013; and <br /> <br />WHEREAS, pursuant to Senate Bill 1752, the City Commission wishes to extend the <br />building permit issued to Mansiana. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Extending the Building Permit. The City Commission hereby extends the building <br />permit issued to Mansiana in accordance with time frame set forth in Agreed Court Order, attached <br />hereto as Exhibit "A" provided that Mansiana or Commerce Bank complies with all the conditions <br />enumerated in the Agreed Court Order. <br /> <br />Section 2. Authorization of City Manager and the City Attorney. The City Manager and the <br />City Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br /> <br />Section 3. <br /> <br />Effective Date. This Resolution shall become effective upon adoption. <br /> <br />PASSED AND ADOPTED this I~day of September, 2011. <br /> <br />