A Resolution of the City of Sunrise, Florida, authorizing the City Employees appointed to the Board of Directors of the Library Square Condominium Association, Inc. to approve and execute a “Plan of Termination of Library Square, a Condominium” on behalf of the Condominium Association; authorizing the City Manager to approve and execute the plan of termination on behalf of the City; and providing an effective date. City Manager Mark Lubelski.  

Over the last few years, the City has purchased all 11 units in the Library Square commercial condominium (shopping plaza).  Since the shopping plaza was initially privately owned and maintained, an association was initially created to manage all common area related components. In order for the City to have an active role in the Library Square Association, the City Manager appointed a City employee as a representative for each of the City-owned units. City employees have been operating as Board members for the Condominium Association per the By Laws. Since the shopping plaza is fully owned by the City there is no longer a need for the Condominium Association to continue to operate.

In order for the Board to terminate the Condominium Association, an Association Meeting must be held, and the Board members must approve the attached Plan of Termination. Although the City employees have been appointed to hold offices within the Board of Directors, the City employees must be given authority to approve the Plan of Termination on behalf of the City of Sunrise.

It is requested that the City Commission approve a resolution to authorize the City employees appointed by the City Manager to take all actions necessary to implement the termination process approved by the Association and authorize the City Manager to approve and execute the Plan of Termination on behalf of the City of Sunrise.