Statura IntelligenceApprove $5.051M promissory note for La Playa Beach FAR bonuses
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A Resolution of the City of Sunny Isles Beach, Florida, Approving the Terms and Conditions of a Promissory Note for the Payment of Approved Floor Area Ra o FAR Bonuses in the Amount of $5,051,904.00 for the Phase I South Tower Por on of the Approved Site Plan Application (PZ2015-16) Submi ed by La Playa Beach Associates, LLC for the Phased Project Entitled “La Playa Beach” for the Property Located at 18801 and 18805 Collins Avenue; Providing the City Manager With the Authority to Do All Things Necessary to Effectuate This Resolution; Providing for Severability; Providing for Repealer; Providing for an Effec ve Date.
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