Approve transfer of 313 sq ft development rights to four trusts

A Resolution of the City Commission of the City of Sunny Isles Beach, Florida, Approving the Purchase and Assignment of Transfer of Development Rights (“TDRs”) in the Amount of 313 Square Feet of Floor Area and Zero (0) Dwelling Units From the City’s Public TDR Bank Account to MMJM II Trust, Jennifer Cuipa TRS, Michael Riccardi TRS, and David Donofrio TRS; Authorizing the Development Services Director to Withdraw 313 Square Feet of Far and Zero (0) Dwelling Units From City’s Public TDR Bank Account and Assigning the 313 Square Feet of FAR to the Property Located at 17749 Collins Avenue, Unit 1801; Authorizing the Adjustment and Modifica on of the City’s TDR Bank Account; Providing the City Manager and the City A orney With the Authority to Do All Things Necessary to Effectuate this Resolution; Providing for an Effective Date.