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<br />Summary Minutes: Regular City Commission Meeting <br /> <br />July 14,2005 <br /> <br />City of Sunny Isles Beach, Florida <br /> <br />coming 100% up front is the deposit which is 10%, and City Attorney Ottinot said that the <br />deposit is due three working days from the date of the approval. <br /> <br />Commissioner Iglesias moved and Commissioner Goodman seconded a motion to approve <br />the resolution. Resolution No. 2005-822 was adopted by a voice vote of 5-0 in favor. <br /> <br />2. A Resolution of the City Commission of the City of Sunny Isles Beach, Florida, <br />Authorizing the Transfer of Development Rights ("TDRs") in the Amount of <br />236,945 Square Feet of Floor Area and 99 Dwelling Units to TRG Sunny Isles, Ltd. <br />from the Sub-Bank Accounts Owned by Fortune International, The Related Group, and <br />City Plaza Corporation; Directing the Zoning Administrator or Designee to Transfer the <br />TDRs from the Sub-Bank Accounts in Accordance with Zoning Resolution 05-Z-94; <br />Providing for Consent to Transfer TDRs from Sub-Bank Accounts; Authorizing the <br />Adjustment of the TDR Bank; Providing the City Manager with the Authority to Do All <br />Things Necessary to Effectuate this Resolution; Providing for an Effective Date. <br /> <br />Action: City Clerk Hines read the title and City Manager Russo reported that this will <br />extinguish the Casino Bank ofTDRs and that it is the other half ofthe TDR application for <br />this project. Mayor Edelcup explained that this is the portion of the TDRs that the developer <br />is not acquiring from the City but in a private-to-private transaction and this resolution <br />recognizes that fact and memorializes the numbers so we keep a documented track of what is <br />taking place in the transfer ofTDRs from one owner to another. <br /> <br />Public Speakers: Tom Daly <br /> <br />Commissioner Goodman moved and Commissioner Iglesias seconded a motion to approve <br />the resolution. Resolution No. 2005-823 was adopted by a voice vote of 5-0 in favor. <br /> <br />[City Clerk's Note: The Commission tookajive-minute recess and will hear Item 7B when <br />they reconvene.} <br /> <br />11. MOTIONS <br /> <br />11A. Call for a Motion to confirm the following appointment to the Mayor's Advisory Council <br />(MAC): <br />. Commissioner Iglesias' Appointment of Spiro Colivas to the Health and Community <br />Activities Committee. <br /> <br />Action: [City Clerk's Note: Isaac Aelion declined his appointment.} Commissioner Iglesias <br />reported that he would like to appoint Spiro Colivas to the Health and Community Activities <br />Committee, and Mr. Colivas accepted. Commissioner Iglesias moved and Commissioner <br />Brezin seconded a motion to accept the appointment. The motion was approved by a <br />voice vote of 5-0 in favor. <br /> <br />]4 <br />