2011-1222 Special City Commission Meeting

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Summary Minutes: Special City Commission Meeting December 22, 201 J Sunny Isles Beach, Florida level of apartments, of 48 stories. Clifford Schulman showed a rendering of how this building will fit in with the adjoining buildings, noting the difference in the width ofthe building (100- feet) and the light and air compared to the Pinnacle and the Acqualina which are both approximately 250 feet wide. Commissioner Aelion said when Acqualina was being built apparently the amount of initial pile was not allowed to be set as a function of time due to time schedules and they were under pressure, and the building started to be erected, the building continued to settle, it finally settled and there was a scare that was brought to light when Hurricane Wilma hit us, the building had the least amount of damage and so it was very well built but his point being that care has to be taken not to rush the process for the settling of the base of the building. Mr. Cohen said he understands, and they have no intention of rushing anything. The piling in this case is going down close to 200 feet, and they are going to try to do everything to prevent settlement. He explained that settlement is a product of the soil that you are sitting on and unfortunately a lot of these buildings have three and four inches of settlement. Commissioner Aelion said this was like 17 inches and it continued down. Clifford Schulman said for the record that the Acqualina was designed by Robert Swedlow and as Stuart Cohen indicated, all buildings are designed to settle here in South Florida and there is a settlement threshold. The thing that we don't want to have happen is differential settlement when something on one side settles more than the other side, and so they are designed to settle uniformly to maintain structural integrity. He said just to be clear, the building was inspected by numerous engineers and declared to be totally and 100% safe. I --i I Mayor Edelcup said we are very proud to have hopefully the most expensive apartments in all South Florida, he has not heard of a property going for over $40 Million down here. Perhaps we will have another first for Sunny Isles Beach and we will look forward to that opportunity. He said he did a quick caleulation and it does do wonders for our tax base, based on our CUlTent millage rate it will bring in over $1 Million a year in additional revenue to the City. It is a wonderful project, and we appreciate the effOlis by Stephanie and Jules Trump and their faith in the City of Sunny Isles Beach to have such wonderful property in our City. Vice Mayor Thaler moved and Commissioner Aelion seconded a motion for approval, subject to staff conditions. Resolution No. ll-Z-124 was adopted by a roll call vote of 5- o in favor. Vote: Commissioner Aelion yes Commissioner Gatto yes Commissioner Scholl yes Vice Mayor Thaler yes Mayor Edeleup yes 4