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File Ref. #155 ~ fry t C. &n10 r'(.e:- R.~r It /r5'~ ~ /fI199? JOINDER OF MITIGATION PLAN This Joinder of Mitigation Plan is entered into between Indian Creek Resorts Development, Inc. ("Owner"), its successor in interest, and the City of Miami Beach ("City"). Whereas, Owner is the owner of property located at 6000 Indian Creek, Miami Beach, Florida, as described in Exhibit "A", and Owner has proposed new construction of a multi-family highrise dwelling at 6000 Indian Creek, Miami Beach, Florida (the "Development"); and Whereas, the City as previously reviewed and accepted a mitigation plan to address the traffic concurrency issues in the vicinity of the Development, as part of the Carillon Hotel Traffic Mitigation Plan, as detailed in City Commission Memorandum No. 655-98 (the "Mitigation Plan"), and said Mitigation Plan was approved by the City Commission at its meeting of September 23rd, 1998. A copy of that Mitigation Plan is attached hereto as Exhibit "B"; and Whereas, the City has determined that the implementation of the Mitigation Plan will result in additional traffic capacity sufficient to meet the demands of the Development in addition to the demand of the Carillon Hotel Project; and Whereas, the City has determined that, upon completion of the modifications listed in the Mitigation Plan, the existing public infrastructure, together with the Mitigation Plan, will accommodate the traffic impacts of both the Development and the Carillon Hotel, as required by the City's Concurrency Management System, codified as Section 122, et seq. of the Zoning Code; and Whereas, the Owner and the City contemplate that the traffic improvements set forth in the Mitigation Plan will be implemented by the developer of the Carillon Hotel Project. Now therefore, for and in consideration of the covenants contained herein, it is hereby understood and agreed: 1. Joinder by Owner: Except as provided herein, Owner and City hereby acknowledge that each and every term, provision, benefit and obligation of the Mitigation Plan is hereby accepted and is binding upon the undersigned and its successors in title as if Owner were the developer thereunder and this Owner were the original signatory thereof except as modified herein. Capitalized terms herein have the same meaning as in the Mitigation Plan except that any reference to Carillon Hotel Project, in the Mitigation Plan shall mean 6000 Indian Creek, for the purpose of this Agreement, and any reference to the "Project" in the Mitigation Plan shall mean Development for G:\DMS\73258\1 0376\02531 03.01 , ' ",J the purposes of this Agreement. 2. Payment bv Owner: Owner will pay Carillon Hotel Project its fair share of the mitigation costs as provided for in Section 2 of the Mitigation Plan. Owner must pay its fair share to Carillon Hotel Project within the time period prescribed by the City of Miami Beach. For purposes hereof, City shall calculate the fair share of each such project in accordance with the following formula: (Total # Development TripslTotal Trips from Mitigation Plan) x Mitigation Costs as provided by the City to the Carillon Hotel Project. 3. Issuance of Permits: During the term of this Agreement, provided that the Owner is in compliance with this Agreement, the Development as described in Exhibit "A" will be entitled to receive permits and certificates of occupancy in accordance with the Code of the City of Miami Beach and the South Florida Building Code. The Development will be permitted so long as the total number of trips in the peak hour periods generated by such Development, as indicated by Exhibit "A", does not increase and provided such modification is otherwise permitted pursuant to any applicable City codes or ordinances. Owner agrees that the City may withhold issuance of the final certificate of occupancy for the Development until Owner has paid the Mitigation Costs as set forth above. Upon Owner's payment of the Mitigation Costs, the City agrees not to withhold issuance of a final certificate of occupancy for the Development based solely on the traffic concurrency requirements. 4. No Reimbursement or Obligation: Owner understands and agrees that it shall not be entitled to any reimbursement as provided for in the Mitigation Plan that is applicable to the Carillon Hotel Project. In addition, the City does not owe Owner any duty to request, receive or remit any fair share payment from any other Developer or take any action in furtherance thereof. 5. Covenant Running With the Land: This Agreement shall constitute a covenant running with the land as provided for in Section 5 of the Mitigation Plan. 6. Term: This Mitigation Plan shall be in effect for a period consistent with the time period provided in Rule 9J-5.0055(3)(C)(3), Florida Administrative Code, unless terminated earlier in accordance with the provisions of this agreement. If upon expiration of a period of five (5) years after the effective date (said date being the date that the last of the City and Owner signs and acknowledges this Agreement), the Mitigation Plan has not been completed or the Development has not been completed (as evidenced by the issuance G:\DMS\73258\ 10376\0253103.01 of a certificate of occupancy or a certificate of use as applicable for the Development), then the traffic mitigation benefits under this Agreement shall expire and be of no further force and effect and Owner shall be subject to the then existing rules and regulations governing traffic concurrency. 7. Indemnification/Hold Harmless: Owner agrees to indemnify and hold the City harmless from any and all claims, losses, or damages to the City or any developer that may arise through the implementation of this Agreement, including, without limitation, its reimbursement provisions and any delays by the City in the approval or issuance of any necessary approvals, which delays arise from or relate to this Agreement. Owner further agrees to indemnify and hold the City harmless from any and all claims, losses or damages that Owner, its tenants and/or any other developers or parties may suffer as a result of the rescission or revocation of building permits and/or certificates of occupancy which arise or relate to this Agreement. SIGNATURE PAGES TO FOllOW G:\DMS\73258\1 0376\02531 03.01 WITNESSES: Indian Creek ResoruDevelopment. Inc. aFIO~~ ~T_~ By: - Print name: FtJ.8/I4N C-O .'2c.~ -T);,j.,Z.. 1~{ . ~*^-<=k~ Print name: HA C. \,~ ~ I ~uf- fIJIF":) Title: Date: STATE OF FLORIDA COUNTY OF MIAMI-DADE Vtle I~P5i-':Xh1/ fS/~/C,1 I I The foregoing instrul1]ent was ack!J,owledged before me this 8 day of ~- _. 1999 by fY;J,\"",,~~ ht, as V. t'. of Indian Creek Reso~Development, Inc. He is personally kno n to me ~r has produced .a::; identification ::me did (did not) take an oath. My commission expires: G:\DMS\73258\1 0376\02531 03.01 (if any) "" :>c"L. ...'i'\l.'{ PU<9( BARBARA B HERNANDEZ ;f"1'C~!{ '0 COMMISSION NUMBER << ~~,i ~ CC679322 (/) ~?' " .... .; f? MY COMMISSION EXPIRES 'Y/,<<- ~ ol:f. SEPT 12 2001 OF f\. ' ACKNOWLEDGED AND AGREED TO BY CITY OF~IAMI BEACH: Attest:~( f! M cL- By: City CI~ Print Name: i20 ~t-ll T (1~~c H-L-1'L By: By: STATE OF FLORIDA COUNTY OF MIAMI-DADE /" I : The foregoing instru~Ph 'f!88 qcJ<lJ,9wJedged be~e rT}e !b.i~ I J~ day of U-~u4 _. 1999 by Jorge Gomez, JtffiO Crav~ per81ta and\J~ j:Y1 'Johns eN I who re , is personally known to me or have produced as identification and did (did not) take an oath. Print n Title: Serial Number: aJo ;;(0 ../q S' I (if an c L \ IRENE ZAYAS \. NOTARY pUBUC srATE OF ~:'A COMMISSION NO. cCISl36 MY COMMISSION EXP. Y 1 My commission expires: G:\DMS\73258\1 0376\02531 03.01 EXHIBIT "A" Lots 26,27,28,29,30, Block 2 of AMENDED PLAT OF SECOND OCEANFRONT SUBDIVISION, according to the plat thereof as recorded in Plat Book 28 at Page 29 of the Public Records of Miami-Dade County, Florida. G:\DMS\73285\10376\0253382.01 EXHIBIT "B" MITIGATION AGREEMENT This Agreemcut is entered into between Bluewater (~rn), LP., Inc. (''Blue\\'ater'') and the City ofMia..rni Beach (the "City"). WHEREAS. pursuant to Sectioo 127., of the City of Miami Beach Zoning Code (the "Code") and Rule 9J-5.0055(3XcX3), Florida Administrative COd~1 the City is authorized to enter into development agreements; and WHEREAS, Bruewater and the City (witl.1 respect to paragraphs D-E only) represent 'and . State that: P.. Bluew3ter owns or b3S interest 6 properi)' located \l,TIhin \.be City of ?-r1i.ami Bead:. Fio;id!., as mor.: p:micuhIiy d::s;:noec i:.1 Exhibit .t.. 2na::hed 1:.~elO ~d Bluev.'atcr has pr~Fo~d r~o\"z:..io:: o:~:: b.:.ilci1:!g~ O~ th:: b.Dd 6 \..n:ct ;: b::.s ~ i:::::r::~. 2.::: Gas ~b::::rined 2!l apDl.1;:;:nu:-, [::" bt.:.i.idi~J2 t1e~ numb:::- EMSOO:;gg. ~ DoG.:f:;:2,!OL: of c bui.i~~ ~:::U::U: pr~i.ousiv . - - - . . i~..!~: ~..: :...:-: ".=::-... ~:~ ::~~ nt:mb~ 59:0:': 1"";6 (t~~ .r:-:':=:-:'. :.::: ~:=-.""i\J~~' !c-...~::-.=-..'~:: ~:: a:;;::-;:-:=: z ::::::'~;:r.i.c:' :Ll..:. :.: 3G:l:es.s r-:-=r-ffi: :: c: ~ c t.:....--;:::: :-. . '. . :.-. .:- -' n D- . 0 - - - - _:.' ,. C _...;- _ ;.: .,.' -:- _ - _ }.... -: . ::;"";e~ = t.D.~ '.1~o: o~ Ln_ - .0J-_. .>.:> pan ",_:..Cl. ",-,:l.lO:... ..0,.. : :a:I1", If.uUg.zt1on ?l~;:::; c::::.;j~:: :: c~; Co~sion MC::J.orUicitl::iJ 'N0. t:5.~8 (ti:e .':.....i.~~~::c:. Pl.a.::'O), :w.a said flfuig:ltioo Pb was 2?proved by the Cr.)' CoU!illission ;;, lIS m..ee-Jng of Sep:~=!:~ 2:3. 1998. A copy oftb~: M.:-JgatioiC. PIal:'. is 2.~achd hereto 2.S Exhibit ''E.'' ,- - C . ',.l Tn T Tnn ;~]n.,.,.._.-,...-_ 0:':"" iufi.;---j'__ Di.,., ".;li r<-<'l'~ .:. ~= :::,' Cc.3 U::::....l..!'.~_ ~2_ L..A,j.... ~ _~....u.::'...\J_ _ _____ !"J...:..:..J=;... ..:_ L ~ rr~ ....~ c 2ci~:jc)~~ :.:C: :~~c.":...\.' sc.ffic1:-:i: .. ,-. -. . . .. . 1.. to m~::: L:'.~ C~r!:2..=.,:.s c: t:.~ :-7 oJ e::: 1.: 2CClUOtJ. to we de~~n6 ofm:: Carillon notel proje~. ~l!t-' - .~_.- D 1i1c cr.)' bas determined that, upon completion of th~ rnodificatious listed in tbe M.itig:Jlio[l PI~Cl, the exiS1ing public i.u.frastruc(Ur~, together .....itb tbe M.itigiltion Plan, v.iJl accornmoeJJtc t.f.~ tr.lli: impacts of bot}.: .tbe Project 2:Jd the COrUJOLl Hotel, as required by tDc Cit}" s Cuncurrency M2..0i\g~Ultut S)'~1crn codified as Section 122 el. st?q. of tbe Zolling Code. E. Blucwater and the City contemplate that lbe traffic improvements set fOI1h in the Mitigation Plan Will be implcmeuted by the dcveloper oftbe CarilloD Hotel proje~L NOW, TIITREFORE, for and in consideration of th~ CQYl:tlants contained herein and other good nnd valuable considcratioll, the receipt of which is bcreb'y acknowledged, it is hereby understood and agreed: 1. Blucwa~er agrees to pay to the developer of the Carillon Hotel project, or to such other entIt)' as may U:up!~t the improvements set forth 6 the MiliptioD Plan in tbe event that such are not implemented by the: developer of the Carillou Hot::l project, an 2.IT:OlUlt equal to the f:ill share cos< ofiqJle-a;entin,g !be tnffic i.m:provemen15. For ti:e pt:..yos.es oftb.is paragraph, the "fair shw: cOS\" sh~U C0Il9.s1 of ilia! prop onion of tbe tot,,] CC51 of i.:aple:nentmg the traffic in?lo\"::;n~,s e~t.l~ ;:; E.:: prOpOI1iOD of ro:!d\.'r<lY tr.;)S 2:::;~~2tec b:.. Ge hojeci to those ge-::l:::a:Cc. t:~'1i: Ca~~:.: ::Oi~! p:--oje:l L: ...... -,:--:: ~~: ~: '~!\)\'~=n:s s:: ,_ \I..._...~- ~ L...:..:._\.._ ?i2.!:. 2re DO! ~":-:==-::-=:::..: :.:: :':=--.'-:.:-::~~ :- ~ :.:~ ~c.:~. =~':':~=. -. :--- --"--'>. --- ----. -- :...:::.::.::: ~ t.!l~.:..: =:::::-:::-. C' = :<.:-: :':::: ::':-.c:",.:.;:::~ 2;:::~:, ~: :: ...,,::.: lS:J::::=--::.: :::()~!. ?o:-:::.::.: :: t..:l:: ~1..~gcnioI:! . - Ph:: :;c: <.:..:-~::-. :::r::i~~:e:: t.::~: ;;;~ :2~::::s.>cL-:, :0 ::::::.~ ::--=::1:::: 7:;0::'';'',,:. :G:Ja:~y for th= r02d\;.:Ci:. :~E E'::::-:ct~: t::: ~e hoj~c-;:. LpOLi '\,>,.TIr:::-:: T~~~:;: ['7 Eil:e-,>,-;;:e:. ~:: :'_." ",."ill conlirm ...,iDce ?'Ji:l'2t:5 of U:'; ~~.::.ario!} Plan ""ill pro.....idc S..&:i:::: r\)a6:,.~y c~z;-;:y fOT th:= trips 0...... or " ",,l '".. ';'", P-To;"'- ;:~J.,.-,.,,,..,tcC :::_LJ..... w..._....:..} u..;._... ..___.... ~ ...~..I..; _ . .- s:--.:::-:- :.: :::....:.::.~ ~~ ~T~ dC.~~Ll2~~ ::...s:..:.l~::: :-=;2.::::'~ be ::'::::i:~-la[: ofthos..:: "~ro\:~:::~:.3 ~ :::-~ = :.3:, i',L':"'j5C.:~C),:_ ?1z: !:G! 2E~2C-" :=:;t-.:=::~~:.. E.~~::-r..~:=i snali DOS1 2 . . . ..... . . - .. - '" .- co"r.........,.,....,"..o,.. ......" ~s p............. p2:VI!J.::=! 2: ~:TIa:-=":~ oo.:!C ZOZ" 5a.la I.I.II?roveU1~n\.,J :... _~~.~_ ...,;~ """4\._.~ .....~'- 2ppliccaio::: f07 S3~-:. Tne P2)TIl~t 2nd periorI:IlaI!ce booo s!:Jll b~ i:: ~ fo:!::} 4:~cqltable to the !"'~. City A[lo;ucy's Office 2Jld the Public Works D~rannJcnl. ensuring cornplelior, of ?1l a~ccts of said iruvrovemcor$ ~~ithin the time period pro\~dcd therein The tcnns 2nd conditions of said boud !>b::dl illcludc:. iI/fer clIO. tb~t lb-: Ci1y'i.s':J n:'lmcd b~'~djcj;JrY of the bOJd aDd m.1)' exercise its lirJlts lLodtr the bond If tbe impro\'crnents h3ve llot been completed v,'iLhi.o tbe tim~ specified therein. The dOUilT valu~ of the paymcut and performance bood shill be the COS1 estimate for the work associ~{~.d .\\1th s.aid improvements. If Bluewater sbould fail to timely comply v.ith any m;Herial provision tbercu;., we City may revoke or rescind any bu.ildiug permits and/or Ceniiicates of Occupancy issued for the Project. 3. 1he CTry recoguizes iliat the implementation of a portion of the 1Ytitigation Plan by BluC\'{at<.:r IDJY create Excess Traffic Capacity over and above that 'which is necess.ary to address existing deficiencies as well 2S provide tbe capJcrty Dece~ to serve !.be traffic attnoutable to w:;: Projt:ct. Th~ City aye~s that for a period of three years after l.he cffectivt.: dare of this Agrccmznt, ro the extent that the Cft)' in good faitb idcntifi::s projects Dot mclud:;:d wit.h.in this Ag:rc~ent that ""i!] uttbn the excess c<lpacrry created by the Mitigation PLu: (i.e., C3pacity that be::om::5 <l\"2.ibble 2S 2 resuh of the i:a:!;>lernent:nioD of the r-.i.itig:!.!ion Pl2:l \.;ti::b is nor allocated to or L,i.!.i.ze:. by the ?loj::: and ;;..'ii::h ls uO. ;;vsorD~d by ba:kg:ou.zd c: (j~:i rdated traffic -0\''';'') I';"~ .~--~<. 7_:::::'_ C..,.,....,-;....,.... ,~,: c...,i\. -f' T""" ~~...~: =,,-.~: -1--==- r-...,....:..,..,.lS. ...-...ateo' ~ ..,~. .~... _.\._--:. : ~~- "~'"-"""\.." J --'- ~.. \...... ~... "" '-""_l.... _."'__~ ~1lI...--_ .....Q:-'O_,~.... "-.... ~. ,,,- \\:-1"'--;0- ~;c- '-J c;.,.... <~-i: ,._:.1:... "'00"; :"l':.c' :c "'~-c..:~ "., -<----#; -::,-,,1"'1'0" or.},.. "." 1..-,;..... . _. ~c:... _ . .~ __ ..... ~..._ _._... ~ _..._ ...,~. _:- _ _ _~"'__'__ ...._...~.. ~ .~.... -: ::-. r \''':2.:l~:: :-: .- ~::. ~ .~. ::.. ;--~:: :.: .:'.~:::-:"' - ~':." '-:-:-. - - I . f:~C~ :~::.:. ~=:~: ::...:..:.~ :-:.:.::.. :l:!.:~,g 22 .:..=..=.::::.:~::. :";G::~ -.:-.-::.:. _ ::::-". :: ~~ -'.:::-::::=::=: -'~~= ?_~'.-.~... ~:::-: -':"~ ~: Eo:- rr-,i.: pjQ.l~:: .:..:::: ::::. ;..:::: 0:\3 ~~:: fo; s:.2:: :':-o~:::--== ::Jci.;::2~~ :...:,: SG..:~ ";2.::::-: .-: :;.f:::-::~ tJ:.' this - - - .. - =-o--",c_-o'''--r-::'".--,,,,,,,_-o.'''''':'''''':_ .':\.=:J~~:L~: ~n: :.....r:.. -;:,~ ;:::~~::s: .";77:":~-.:. ~~C~~t:: J.J ~ ~........_ ._It ..,__.,: .,.;. __ ~c..-l-_":'. ~ ~_u..L..d...L.l . - - 1 3:,C ,C [,11.::::'':''2,:::7 C~ ::5 S-JC:::::S507~ ?i1(c7 to tl.1c 1.5".:c...r::.::C 0: p=:=::s :;:;: r-.::::. pOJe::ts. t is L:ncier510od tb.: th~ E.;;::es:; Tr<ili!c C;;p2::iry ru.=y be absorb~ G'..:.:--m~ the 1:-:-= 0= t.i:lli Agreement ~Otl:~ ;:.::;~ '::;;;:';;:~::'::.2C ?;:C .:::..::.:::::: ~--:: ~o-,.;-J: ~:. :::'2: tc t:: ~;;::::.: .s:..:::: c.os.orptio;:o :;:::c~ :!le:"= ","ill C~ ~: :~':':':.3~~:: ::;:-:.:=. ~s.= :;.: S:J::' ~c?::':70' =~= c~~ ::-:1O::::~. D.l..~5 :=.:: 1:::-2 ofti!.i.5 .':~p'e:::=l::::':. p:c'.,;i::::. :...:=.: :S~:'':'''~:::: :..: ::. :o-,-,;-,ii<illc:: with " . " -. "" . J .. .. . ~:-.. ~ d ..-;...::-_. - ~. ...., , ~~ ~ Ag:r::::~~~ t!le t'roJec. ..vill oe eLlu: e2 .0 re:::l:1Ve pe...;....;;..:; ~ ' C~.l=......e.) O~ o...~p2.nCJ ~ ;!ccorC2..:Jce wid.! the Zocing Code &!ld th::: South Florida Bcilding Cod::, Casc:ci upon the City's ~- dClcrmin~tion thJ{ the Mitit;ltion Plan vvi1J meet tr;Jffic concurrcccy for the Projecl. l\'1odL6cations of 11H: Projcct will b~ permitted so long llS the total number of trips in the pCdk hour periods BcucrJ!ed by We Project cioes oot increase end provided that such modilicatioo is otberv..isc permitted pllISUlIllto any applicable: City Codes or Ordinances. 5. Notv.ritbstancling anything to the contrary cootained herein, Blu~ater hereby acknowl~dges and agrccs that lbosc portioos of tbe Mitigatioo Plan improvcments necessary to create sufficirnt roadway capacity [or the trips generated by the Proj~ct sbaU be "open to traffic" prior to the issuance of any CC11:i.ficates of Occupancy (temporary or final) for the Project: however, the City roay eXlend, in its sole discretion, the time for commencement or completion of any of the improVcmt'IllS dcscnocd in tbc Mitigation Plan coosiste:nt with the: requirements of Rule 9J-5.0055(3Xc)3, Florida Administrative Code, and any applioblc City Codes or Ordinances. 10 the even, t.h3t an cxteusioo as pro\id::d in the foregoing ~"11t~;:e has been gra...'Hcd by the City, then Certificates of Occupancy may be issu~c!, in the City's sole di.5-cretion., so long 2S it is reasonably cxpeC1cd thal th~ l\.fuigatian Plan \Vill be compkted v.ithin the time fumes established by the Florida Statutes and the Florid<J Administr;!Irve Code, ;!iJd 2l!Y apFli~ble Cit}' Code or Ordica.:.::~; <:j v-' "-.J- Ei::'..::~a~ees ,0 cd::::-i7"'i":, 2.DG bol: Ul:? Cr--:- ::a~::s:; tc.= a..:.:.'::i.::-: ;;11 cl..a.ll:::s. ; a 5..5:: , c- ;.~~c: :: :'::.- C::-... 2- ::.::: c-:,~:2.,)::. :..:.::;: :::2: :T:~ ::'::":.'. :.::? ==.::=~:::.:.:l02 oftb..i~ --.==~=:::'. ==:',,::,=:: .:.-:..::;-.:.: ~:;;:.::.::.. :'.: ~::::::::-~::=:::.: :~:'.-..:.:::"'~ 2..:.: c.::' :~::'.'; :-:. tn~ C~. - . ::. ~-: ~~:::".'c.. C. '-SS~~:: ::: ~~. ~e::s...;.~=-:.. ~?~~o"\~. ~-=..::: ::::;.:~..: ~->: =:.= :~ r~La:== \0 this ..::..s::~::::~: 3:-_~.:::, - ~ ~Lb::: 2~e=s ~c i:Ji~:Y' ewC bal::: ~~ C;-:-:. ':,--=-!e5~ ::-0;:: a.:y a;ld all - 0 L-1-......-.~. . . . . . . . . c:b.;'T'<. \.:>3::::: 0:- c.z=wges ti:.~ E:::-__..;.,~~, r.s t=::la::!S Q..!::c:.'o~ :;.:::' o~=: c~"elC7~::: o. par.les IDE)' s-mei ;'3 ~ resw'< of the rescission OJ re-vocauon of cuil~~ perr6!s al:c.c!' Ce:1iii::ates of Oc-,,....,,,--\. "';";-:' -,..::" '" -,~l.a'" 'LO T,,;< .=.';;7e......,.,~t ....~:':-J_. "-'I...;.J._U ~.1__ to.l. ....._ ~".=- _~..... . lr.~ :~ :::c cc~Ci-ios cf 7~~:: _~-.g!~~: -:;::"'-:r ::: ~~=~: :: ~,~ ~ ':DV=n.aL'\ :-,-Tlm:: .,.:.~~ ~~ i2.:l::~ ce5_.~ec c ':::~Llic ~_ ;:.:).6 c:..~::>i1 L:lli= t~ Ge 8::::6 0': z.=: ~= ci::.ciing UpOi: me o;vr:ers. i:.ei::. p=~o.'J21 r::presematlves 2l::! successor5 cf Bluew?,er ~:i 2gai:!Si: 2D persons claiming by, throug:n o!' ~der Ir unless this Agre:=rneTIt is modified or rele;l.sed by the parties ~F- J J J .. hereto Bluc-water ~all r:.:orJ this Agreement in the Public Records of r--.tiarru-Dade County at its 0\\1) c\-pcnK Tue City aSTcCs tbat upon full and s.atisfactory completion of the improvements contemplated lJY th~ Mjti.s~tiou Pbn tb<:t. ~t' \vi.11 execute il notice of cornpletioo and release In a form acceptaule to tbe (ir)' Attorney's office upon request from Bluewater. 8. The cffectrvc dale of this Agreement shaU be the dale thal the bS1 of the City aod BluewCller signs'and acknowledges this Agreement. 9. This Mitigation PLan shall be in effl;:ct for a period consistCIlt \lrith the time period provided In Rule 9J-5.0055(3Xc)3, Rorida Administrative Code unless terminated earlier in accordance with tbc provisions of this Agrccmc:nt. If upon expiration of a period of five years after the effective date, the M.itigatiOD Plan h3S not been completed or the Project has not been completed (as evidenced by the is.suancc of a certificate of occupancy or cerlific:Jte of use 3S opplicabl,= for the Project), Lben the traffic mitigation benefits under this Agreement shall expire and be of no funhcr for~ 2nd effect and Brucwater shall be subject to toe then e:cis.ing rules and regulatioos govern.i:1g traffic con::un::-ncy. 1 0 ~::J.~ral Piovl::,ions. ?:..::-.:..,,:, Orri.i:na=::.es. B~~2:::; UZJc~rS:2:~ 2::: cp-::::5 :..:!: :ii.; Agr~em~t ~ ~.C' ~t~d:.: ~::: :-:~:\.d:: t.:.e C~.. t-o~ C:;a~U:.:: ~ c.,=:..:::" :..:~: ',,:,,:.;,:;: ::::rJce the ~-::;:~:: ',1.7"':'= ~ ::::..:~ :~-::::::.~ 5:-:-:.:: ::.-: ::~t;:-..:...-:~:', :-.i::=';:5~='.'-' .:...:~:.. ::,~: .:..:..::.--::-::: ::c.: LO s:' Z:::: .....12:.: ~i.i::.;o~or:. Tn:: efe:' I..::lC~:';:~:.; 2:( a::-:~ :.:.=~ 3r.l,:wat::-; is -,,..... \:..;"r" ~.,::: r-::. -,"-=:'l ~ '~dp- the la\~. v..r~ res:Je:L to ~".: ::-:-=:.:: or r~:::;':':::~>-::1~r to '\.1,1Uch ........." .-...........:- .-- . =-- --.j -. .. J Bt'J~.d:~7 L2Y D= ~~..l~c. b MvdiS:2.t10~L p...ID-'"I1d.me-;}t, and ReJe2S-e. T!lis Ape~::::~ :::.;y be modified, 2:::::::::c:i 0: :::::2~ 2.'; to 1.h:: l.2.:2d ~=r~ C::s.::DD::::' 0: <!.:::. pO:Lior::. i..!:.;::,:,:: :,y c -..:..Tiner! :':'S::-~e-:.: ~;(-=:-.::~=- ~..: -~e ~= o\;-n.e=~ of c.ll ~~ -;70?~:-:-:.' UpCZ2 "n-=-::: ~=- ?roj=::t: is . - ., . . .. .. , 'l"'-~"orl ~-~'11';~:- l-;-cri..~-:: b, ;ill. r:v.ane:.2<>ees. 12 ar;-,. r::O"l~:::' t.!:z: sa:::~ :.3 GSO u:Jpro\o'1ec ...............--.. "Io.."J.....J.___= ......__....~_ _T _ e. . _ _ i2 2GViUlCC, i::l \':;;~g. by the CT.)' M2.D2ger or b.is rlcsi::,",~e Should r.!J.i.; A.g:r~:ment be 50 morlified, ii~d~d 0:- released (witb the CitY's consen:), th~ CITy Manage: or his designee ~- I J: .. shall forth\'.itb. upon Bluc\"'3ter's (or its successor's) reqllcS1, execute: a written iOS1rurncilt eOecruating and acknowledging sucb modification, amendment Or release, prov1dcd said l:lS1IUmcnt is in a form acceptable. to tbe City Attorney's OfEce:. c. Time is oftbc Essence. Time is of the essence and failure to timely comply \>,.itb the specified requirements hereof, shall constitute a default hereunder (e.g. inclUding timely 'delivery to the City of a satisfactory. paymeQt and perfol1IUIJce bood), [n the event of such default by B1uewater, Bluewatcr agrees that the City may, in its discretion, rescind or revoke any building permit ll!1U/or Certificates of Occup~cy issued for the Project and Bluewater shall have no claim against the City and the City shallbave DO liability as a result of such rescission or revocation. 11. This Agreemcut may be executeu in cou.ntcrp a rts. ~- J I ~ .. Si~.L, \.,-=.:n~ ~ AM y...tr;lr;v~~~oo tlG1 ~ r,.r.y of , 1999. o " .." BtL3c"W"..ter (ME), LP. By. '-. '- f-nro.k D. ~ ~ M ~ g;., g ?m:ner STAITOF ,'- ~ " ---/ COUNTY OF . . -:;:-' , /. . _:' .f" ~ .J , ) ) ) ss: The f.cr~ ~~ wM ~ bcfun1 D:lO ~/: thy crf .'-:~ :.: . 1999 by ~ ....;-(.~ ~ ='..J, ... (-L~ bc:h1lf cl Bh..~ (MB). LP., md ~ ~~ th: I . ~ dC~Tm-D1 en b--..:wf of ~ ~ ~. B: ~ ~ h:for.: In; ;;. """"""';'-.--:l . . '.l . F.' d r,.;;"n [.1:.l . ~~ to.o:::= QI' }'.""".......--.. . . - .."';"'-.. ~ l<r-.l, .. ~t~m, ll:l ......J 1.lOO~]~!n ~ _: .. 0 . . [NOT~SEAl.J ~ ./ ".-. -- .t~J. _0 P;Z;o: N=: '. .: ~ P::%ili::., s= c: My ~a:in!\ ~;::::. . . ~~.- I I I' CITY OF MIAMJ BEACH . , , C 0( By: llv~l ,n!J.. L-... Print Name: Vt' ftl, \J ['i '2." N \It IV Planning weC10r ~~LL 2c- Di:re~or, Department of Public Works By. ~~~ Print ." \ ':..'-.~....,. Concurrency Ma:lagem~t STATE Or FLORID.'; ss: COl;:..!':' 0:: Dp..D:: - - ~- - :0:: io:::s::~ :"~.-..-: \:."2..5 ;~ii::J.o""i:::Q~~ b~"Dr= ~ ~ -. ::2'. ::- ~ _ r__ '::0 ~ 1'?99 b-, j<--~I~ :: . \r~-t.\.oI)':': J,~ . Drr==ro., De-pa1~' ofP:;r-~~g.. o:ti~'C:::. ~:-M.iz.wi Be2ch. 0; ~h;\ l:" of m:: C:ry. H-: pc:rs.anat'). appe2I~ beiOT:: 8.::, i.s p:-:-:>v~" k!:l('l.',': :c ~ 0;- proci:uce.d as ici::otiE"riounci [<EdJlciidnotMe;m oa-:o,;uy. riff] . ;;!!r- [NOTP.PJ..AL SEl\L] Print Name: ' C ~ f.:.t.fLf7 3' Ii) "i'A-t: T ~ ota.":!' Publi::... Stz:e of My C on::::ri.ss: ~ ~i:;::;: ...;-- - I -. ........... ....OTA..~r SEA!.. . : C:~U:SA -.r.~ : 1N\:r..........~_ I~. . ! IN.. . ..;:.LJ(' S7,o.Ti OF fLOR.'L:l' J i 0:OX';{.'SiON 1':0. cc~..... "'l~ . ~rOo.i"-c' . I.;'" ~ ~ . .y.,:_.c~ .E:'<P. >-t" Y2!l ,orx: . . . ~- ,.., . STATE OF FLORIDA COlJ}.r-yy OF DADE ss: " , -- . 19~ fOrego~g~ was ncknowkdgcd before me lhi'4d day orF~ 1999 by Vt:!ID 6ro...-ede .RRa. DIrector, Department of Pub tie Works. oftbe ~rni Beach, on bch.alf of the City. He personally appeared before me, is personally kno.....n to me or produced as ic.Je-otification, and [did] [did 'Oot] take an oath. - ~.. -- [NOT ARlA.l SEAL) Notary Print Name: '.IZ Notary Public, State of .F' Co Y"I' My corn.rr:rissioo expires: IXENlIz.,.. 'Y AS NOTArt i'UBtr sr A T'E ~ R..auo^ ~N t'O. CC7'Sr:;s;} Uy~tfJN ~.(f'. y, ~~- "t' STATE OF FLORIDA COUNTY' OF DADE . ""..AI> ".... ) ) ) SS: , " The foregoipg ~cot was acknowlc:dgcd before me ~ day orF~}JT'lJ\.. 1999 by :;J;;; io 6ro. ~ c1-< rE1?41fb.., Concurrency Managemcot. of the City ofM.iamiB~~D behalf of tbe City. He personally appeared before me. is personally kn~n to roe or produced as identification, and [did] (did not] take an oath. .-- - --- [NOTARIAL SEAL] -~--