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RESOLUTION 91-20356 RESOLUTION NO. 91-20356 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN EXCHANGE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI, INC. FOR THE EXCHANGE OF THE HEBREW ACADEMY PROPERTY LOCATED AT 2425 PINETREE DRIVE, FOR THE CITY PROPERTY LOCATED ALONG PINETREE DRIVE BETWEEN THE EXISTING HEBREW ACADEMY AND THE SCOTT RAKOW YOUTH CENTER; DECLARING THE CITY PROPERTY TO BE SURPLUS TO THE NEEDS OF THE CITY OF MIAMI BEACH, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE EXCHANGE AGREEMENT, THE LEASE AGREEMENTS AND ALL OTHER DOCUMENTATION REQUIRED TO IMPLEMENT THE TRANSACTION. WHEREAS, the Hebrew Academy is the owner of improved property situated in the City of Miami Beach, Dade County, Florida, located at 2425 Pinetree Drive and known as the "Fanna Holtz High School" (the "Hebrew Academy Property") ; and WHEREAS, the City of Miami Beach is the owner of unimproved property also situated in the City of Miami Beach, Dade County, consisting of approximately 3 . 87 acres located along Pinetree Drive between the existing Hebrew Academy and the Scott Rakow Youth Center (the "City Property") ; and WHEREAS, on June 7 , 1989, the City Commission of the City of Miami Beach approved in concept an exchange of the City Property for the Hebrew Academy Property; and WHEREAS, the concept was incorporated in the City' s 1989 Comprehensive Plan; and WHEREAS, the City of Miami Beach Commission finds that the City Property owned by it is no longer necessary for public purposes and wishes to declare the property surplus to the needs of the City of Miami Beach. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH as follows: 1) The City Commission hereby approves the attached Exchange Agreement between the City and the Hebrew Academy for the exchange of the Hebrew Academy Property located at 2425 Pinetree Drive for the City Property consisting of approximately 3 . 87 acres located along Pinetree Drive between the existing Hebrew Academy and the Scott Rakow Youth Center. 2) The unimproved City of Miami Beach Property consisting of approximately 3 . 87 acres located along Pinetree Drive between the existing Hebrew Academy and the Scott Rakow Youth Center is hereby declared to be surplus to the needs of the City of Miami Beach. 3) The Mayor and City Clerk are hereby authorized to execute the attached Exchange Agreement and Lease Agreements and any and all documentation necessary to implement the transactions referred to in the Exchange Agreement. ADOPTED this 11th day of September 1991, 410. VICE-MAYOR ATTEST: iot\r, 10 vii\AA, _ CITY CLERK PNB: lm FORM APPROVED LEGAL DEPT. C:\resolulti\hebrew.aca September 4, 1991 By��9/. Date 9/5/y1 .r.-f,.- ,y. y.s S3• -- - - •t. __0'.1.-• l.� - i'-'f --.�-A - J::�- - -� - - • - -�4- - v.'/ ,..ai^ .L•-. •"•fes., .1:•ffs .. ... .1'i -Jr•.JY: .�.-. 'N �;J 'a -- 'i i�.• Tff•':� -r - 's:' :a.-; e. .� Y.. 3.tiZ-.ty- .]' "oma„• < ;r �� � 9-;G .r tee- '/ _ :/• • r i.-' .i" "1•'.`✓' � � rr. ` .•C{.' J. ••.i: • 't ..1 - �.• 2. •it �". `•". .:i - Y. •..... .'Y. if. fit• •l- -•{. f -1 Y'.. !/- •r.' •r .Yi .i arm++. '+. •tt ! i' 1.'''�..--.•_�i...''• 1 ._;=:.. 4' GY-4 'T'1•- L :..i.�_, •:q+• Y-s-- . `` _.L„i..s ..a�f1.�rt:Yi."'�:i+c�-t"a�•'ti3r��--'1'i.a?}:i'.artrc�"..�.,ura:.i'i-Lc...zRt- .s..Y.»'3LiL'�i1'�lJ:;,C,r "r���Yw�% .....r,��-...�•S�'S�`�tiu4---_=tJ.tis,Cal�r.. K -•'iritis-tiai.fC'i?�. 'ais ��� y:u.: atiJ•s.�+ eete, Neetote Fear% M� 8'e,, FLORIDA 3 3 1 3 9 *iINCOR fUTED}} l• VAC A TIONLAN1) U. S. A. a N 26 -� •OFFICE OF THE CITY MANAGER CITY HALL 1700 CONVENTION CENTER DRIVE - I TELEPHONE: 673-7010 .f s COMMISSION MEMORANDUM NO.--- /-7/ DATE: Sept. 11, 1991 TO: Mayor Alex Daoud and Members of the City Commission FROM: Carla Bernabei Talarico City Manager SUBJECT: EXCHANGE AGREEMENT-AND - LEASE-BACK WITH THE- RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI, INC. Background At its meeting of June 7, 1989, the City Commission authorized the City Administration to negotiate an agreement with the Hebrew Academy for the proposed exchange of 3 . 87 acres of land of the Par Three Golf Course property for the Hebrew Academy' s five-story building. The proposed exchange agreement was to then be submitted to the City Commission for approval. Terms and Conditions 1. Exchange: The City agrees to exchange the City property for the Academy property, and the Academy agrees to exchange the Academy property for the City property. 2 . Title: Subsequent to the date of this agreement, the owners contemplate the issuance of an owners ' title insurance policy for the City and the Academy with respect to each property be acquired. 3 . Appraisals: The existing appraisals will be updated and another appraisal for the properties will be obtained prior to closing. 4 . Purchase Price: Purchase price for each property shall be an .., even exchange of the other property in its "as-is" condition. 5. Conveyance: The conveyance of title from each party to the other shall be by special Warranty Deed, free and clear of all encumbrances and liens of whatever nature. 6. Lease Back of Properties Excluded' Parcel: The parties agree to execute at the closing a lease which provides for the lease-back of the Academy property to the Academy and the City property back to the City which shall exclude a parcel of land within the boundaries of the City property to be designated by the Academy. The Academy may be conveying or leasing the excluded parcel to the Daughters of Israel, Inc. , for use as a mikvah site. This transaction will enable the Daughters of Israel, Inc. , to relocate the mikvah which is currently situated in the Cobb Development Parcel in the South Pointe Redevelopment area. LAND USE AND DEVELOPMENT COMMITTEE RECOMMENDATION Land Use and Development Committee, at its meeting on August 27, 1991, voted to recommend to the City Commission that the Resolution authorizing the Exchange Agreement and Lease-Back with the Rabbi Alexander S. Gross .Hebrew Academy of Greater Miami, Inc. , be approved and adopted. CBT:WHH:ap AGENDA EXCHANGE AGREEMENT This Exchange Agreement ("Agreement") is made and entered into this dayof C. c_It� .�e.�- , 1991 by and between City of Miami Beach, a Florida municipal corporation (the "City") and Greater Miami Hebrew Academy d/b/a Rabbi Alexander S. Gross Hebrew Academy of Greater Miami (the "Academy") , a Florida non-profit corporation. WHEREAS, the Academy is the owner of certain property situated in Miami Beach, Dade County, Florida, described in Exhibit "A" hereto, together with improvements thereon, if any (the "Academy Property") ; and WHEREAS, the City is the owner of certain property situated in Miami Beach, Dade County, Florida described in Exhibit "B" hereto, together with improvements thereon, if any (the "City Property") ; and WHEREAS, the Academy has a need for and desires to acquire the City Property and the City has a need for and desires to acquire the Academy Property; and WHEREAS, the Academy has offered to exchange the Academy Property for the City Property; and WFBEREAS, the City Commission approved the exchange in concept at the City Commission meeting of June 7, 1989; and WHEREAS, appraisals have been rendered with respect to the properties, which appraisals show that the two properties are substantially equal in value; and DJB\AJ910420 911024/#2 WHEREAS, the existing appraisals will be updated and another appraisal for the properties will be obtained prior to closing; and WHEREAS, the City Commission of the City deems it to be in the best interests of the City of Miami Beach to accept the offer to exchange the City Property for the Academy Property and to effectuate such other transactions as are contemplated by this Agreement; and WHEREAS, the parties wish to reduce the terms and conditions of the exchange to writing. NOW, THEREFORE, in consideration of the premises as well as the covenants and agreements herein expressed as well as other good and valuable consideration, the receipt and adequacy of all of which is hereby acknowledged, the parties hereby agree as follows: 1. Recitals Incorporated. The foregoing recitals are true and correct and are hereby incorporated by reference into and made a part of this Agreement. 2 . Exchange. The City agrees to exchange the City Property for the Academy Property and the Academy agrees to exchange the Academy Property for the City Property. 3 . Title. The Academy shall cause to be obtained and delivered to each party an ALTA current form commitment for title insurance (the "Title Commitment") for each property, setting forth the status of title to the properties through a date subsequent to the date of this Agreement and contemplating the issuance of an c ner' title insurance policy for the City and the Academy with respect to each property to be acquired by them. The Title DJB\AJ91 0420 911024/42 2 rates, without any guarantees and without any exceptions, standard or otherwise, other than the Permitted Exceptions. Each party shall have 20 days following receipt of the Title Commitment or Abstract to examine same and notify the other party in writing of any valid title defects. If no notice of defects isg iven before the expiration of said 20 day period, the defects or exceptions revealed by the Title Commitment or Abstract shall be deemed to be waived as title objections to closing this transaction; however, each party may raise as closing objections, any matters first shown by the update of the Title Commitment or Abstract which may be obtained prior to closing. If either party gives timely written notice of defect(s) and the defect(s) render the title other than as represented in this Agreement, then the other party shall use reasonable diligence to cause such defects to be cured within the six (6) month period immediately following receipt bythe other party of such objections to title. In that regard, such other party agrees to remove by payment, bonding or otherwise any lien against its property capable of removal by the payment of a liquidated amount. Further, such party shall bring suit, if necessary, to cure any other defect or buy-out or settle any other claim or lien against its property. At either party's option, the six (6) month cure period set forth above may be extended for a period not to exceed an additional 180 days forur oses of P P eliminating any title defects. If such other party does not eliminate any defects within the six (6) month period, as the same n i haN:ee been extended, then the party giving the notice of defect DIB\A)91.04 z<) 911024/ 2 4 shall have the option of either: (i) proceeding with this transaction and accepting the title "as is", except that such party may recover from the other party or be paid at closing the amount of any lien which can be satisfied by a liquidated amount; or, alternatively (ii) cancelling this Agreement. 4. Purchase Price, The Purchase Price for each property shall be an even exchange of the other property in its "as is" condition. 5. Conveyance. The conveyance of title from each party to the other shall be by Special Warranty Deed, free and clear of all encumbrances and liens of whatsoever nature, except easements, reservations, and restrictions of record, applicable zoning regulations, taxes for current year, any liens of general application which may be created by pending legislation prior to passage of title, and other such matters as are specified herein. 6. Lease Back of Properties; Excluded Parcel. The parties agree to execute at closing the lease attached hereto as Exhi- bit "C" hereto (the "Academy Lease") which provides for the lease back of the Academy Property to the Academy pursuant to the terms set forth in the Academy Lease. The parties agree to execute at closing the lease attached hereto as Exhibit "D" hereto (the "City Lease") which provides for the lease back to the City of a substantial portion of the City Property pursuant to the terms set forth in the City Lease. The property to be leased back to the City shall exclude a parcel of land (the "Excluded Parcel") within the twadiaries of the City Property to be designated by the Academy D1B\AJ910420 911024142 5 prior to closing which Excluded Parcel is more particularly identified in Exhibit "E" hereto. The parties acknowledge that following the closing under this Agreement, the Academy may be reconveying or leasing the Excluded Parcel to the Daughters of Israel, Inc. or its designee or assignee for use as a "mikveh" site pursuant to such terms as the Academy shall approve and negotiate with the Daughters of Israel, Inc. 7. As Is; Risk of Loss. The properties shall be conveyed and delivered in its "as is" condition as on the date of this Agreement, ordinary wear and tear excepted, free of all tenancies or occupancies other than the lease backs contemplated above. If either property is damaged by fire or other casualty before closing, the cost of restoration shall be an obligation of the current owner thereof and closing shall proceed pursuant to the terms of this Agreement with restoration costs escrowed at closing. If either property or any material portion thereof is taken by eminent domain prior to closing, the party which was to receive the title to the property which is the subject of condemnation proceedings shall have the option of either: (i) cancelling this Agreement, whereupon both parties shall be relieved of all further obligations under this Agreement, except those obligations set forth in paragraph 11, or (ii) the party who was to receive title to the property subject to condemnation proceedings may proceed with closing in which case it shall be entitled to all condemnation awards and settlements. DJB\AJ910420 911024/#2 6 8 . Closing. The closing (the "Closing") shall be held at the offices of the City Attorney on the ninetieth (90th) day after the date of approval of this Agreement by the City Commission, or on the next business day thereafter if the ninetieth (90th) day is not a business day. The Buyer may accelerate the Closing upon delivery of ten (10) days' prior written notice to the Seller. To the extent there are any matters which remain unperformed prior to Closing, same may be waived by Buyer as a condition to Closing and, in such case, the parties agree to promptly complete any such unperformed items subsequent to Closing. 9. Closing Expenses. Each party conveying title shall be responsible for, if applicable, documentary stamps, surtax and recording charges on the deed conveying title. Each party shall be responsible for its own attorney's fees and title insurance costs. 10. Improvement Liens. Certified, confirmed or ratified liens for governmental improvements which are completed as of the date of Closing, if any, shall be paid in full by the party conveying title. Certified, confirmed or ratified liens for governmental improvements which have not been completed as of the date of Closing, and pending liens for governmental improvements as of the date of Closing, shall be assumed by the party receiving title. 11. Brokers. The parties each represent and warrant to the other that no real estate broker, salesman or finder is involved in this transaction who will be entitled to any claim or right to a cc n is;Dion. If a claim for brokerage in connection with this DIMAJ910420 95.1024/12 7 transaction is made by any broker, salesman or finder, claiming to have dealt through or on behalf of one of the parties hereto ("Indemnitor") , Indemnitor shall indemnify, defend and hold harmless the other party hereunder ("Indemnite.") , and Indemnitee's officers, directors, agents and representatives, from all liabilities, damages, claims, costs, fees and expenses whatsoever (including reasonable attorney's fees and court costs at trial and all appellate levels) with respect to said claim for brokerage. The provisions of this paragraph 11 shall survive the Closing and any cancellation or termination of this Agreement. 12 . Notices. Any notices required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been given if delivered by hand, sent by recognized overnight courier (such as Federal Express) or mailed by certified or registered mail, return receipt requested, in a postage prepaid envelope and addressed as follows: If to the Academy at: Greater Miami Hebrew Academy d/b/a Rabbi Alexander S. Gross Hebrew Academy of Greater Miami 2400 Pinetree Drive Miami Beach, Florida 33140 Attention: Executive Director with a copy to: David J. Berger, Esq. Broad and Cassel 175 N.W. 1st Avenue Suite 2000 Miami, Florida 33128 If to the City at: City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Attention: City Manager DJBt,FU910420 911024342 8 with a copy to: City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Attention: City Attorney Notices personally delivered or sent by overnight courier shall be deemed given on the date of delivery and notices mailed in accordance with the foregoing shall be deemed given three (3) days after deposit in the U.S. mails. 13 . Assignment,. This Agreement shall not be assignable in whole or in part by either party without the prior written consent of the other party. 14 . Conditions Precedent. The parties' obligation to close the transaction referred to herein shall be subject to: a. receipt by the City of updates of the existing appraisals and an additional appraisal for each of the properties and, if the updates or the appraisals or both indicate a variance in the values of the properties by more than 25%, then the parties shall negotiate and agree upon an appropriate adjustment of the equities; and b. receipt by the City of an environmental report or of an air quality report from a licensed engineering firm as to the Academy Property which report shall disclose that there is no need for any remedial or other work on the Academy Property pursuant to any applicable federal or state law or, if remedial work is indicated, the work shall be performed at the expense of the Academy prior to closing. 15. Miscellaneous. a. This Agreement constitutes the entire agreement between the parties and may not be modified except by a written amendment executed by both parties. This Agreement shall be construed and governed in accordance with the laws of the State of Florida. D3F\AJ910420 91.1024442 9 All of the parties to this Agreement have participated in the negotiation and drafting hereof and, accordingly, this Agreement shall not be more strictly construed against any one of the parties hereto. The parties agree that legal counsel for one party shall not be conflicted out of representing that party because of the fact that such counsel may have in the past represented or currently represents the other party on one or more unrelated matters and such representation has been disclosed to and accepted by both parties who waive any conflict of interest and requirement for confidentiality which may otherwise exist. c. If any term or provision of this Agreement is determined by an appropriate judicial authority to be illegal or otherwise invalid, such provision shall be given its nearest legal meaning or be construed as deleted as such authority determines, and the remainder of this Agreement shall be construed to be in full force and effect. d. Any controversy or claim for money damages arising out of or relating to this Agreement, or the breach hereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and the arbitration award shall be final and binding upon the parties hereto and subject to no appeal, and shall deal with the question of the costs of arbitration and all matters related thereto. In that regard, the parties shall mutually select one arbitrator, but to the extent the parties cannot agree upon the arbitrator, then the American Arbitration Association shall appoint one. Judgment upon the award rendered may be entered into any court having jurisdiction, or application may be made to such court for and an order of enforcement. Any controversy or claim for money damages arising out of or relating to this Agreement, or the breach hereof, including any controversy or claim relating to the right to specific performance, shall be settled by litigation and not arbitration. The provisions of this subparagraph shall survive the closing coextensively with other surviving provisions of this Agreement. e. In construing this Agreement the singular shall be held to include the plural, the plural shall include the singular, the use of any gender shall DJMAJ9.1Q420 911024/t2 10 include every other and all genders, and captions and paragraph headings shall be disregarded. f. All of the exhibits attached to this Agreement are incorporated in, and made a part of, this Agreement. g. Time shall be of the essence for each and every provision hereof. h. Neither this Agreement nor any memorandum hereof may be recorded in the public records of Dade County, Florida. i. The City desires to enter into this Agreement only if in so doing the City can place a limit on the City' s liability for any cause of action for money damages due to an alleged breach by the City of this Agreement, so that its liability for any such breach never exceeds the sum of $10, 000. 00. The Academy hereby expresses its willingness to enter into this Agreement with a $10, 000. 00 limitation on recovery for any damage action for breach of contract. Accordingly, the Academy hereby agrees that the City shall not be liable to the Academy for damages in an amount in excess of $10, 000. 00 for any action for breach of contract arising out ofthe performance or non-performance of any obligations imposed upon the City by this Agreement. The City hereby provides a reciprocal limitation of liability for damages against the Academy of $10, 000. 00. The foregoing provisions shall not preclude an action by the Academy or the City, as applicable, for specific performance. DMAJ9104O0 9110a4/fl 11 IN WITNESS WHEREOF, the parties have executed this Agreement on the date first written above. CITY OF MIAMI BEACH, a Florida municipal corporation , 1 1 " l • (;) / Name: -)4- . F\*K z-.-\ Title V‘ci- Vt114,ic, (As to City) 4Seal) Nk-k-ect GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI, a Florida non-profit corporation f/) -*k ( NtN , • B;r )A 341,,r Name: Title: (As to Academy) (Seal) FORM APPROVED LEGAL DEPT. Date l 41/3/3i DJBtAJ9 f 9420 911024/#2 12 EXHIBIT "A" Academy Property Lot 3 , Block 1, FLAMINGO TERRACE ADDITION, as recorded in Plat Book 34, Page 6 of the Public Records of Dade County, Florida, addressed as 2425 Pine Tree Drive, Miami Beach, Florida. DJBV,1910420 911024/#2 13 lit ;�� F C o vE SE , '� 4 `4 4 �� \ c m ic•o:/i/ ti .1,- iN -\_ '' , q� c� _:_�G/.c' - , -G�s7f_/ _,_,' ►- _ hi E,!T ,?.�/,<f / _,44....._ .:1 0_. .....i„....._ 2 1.49 7.----- 11.7 \-c-' 4 3r) LOCATIONL i',7 SKETCH SCALE: 1" - 400' THIS IS A SKETCH OF A LAND SURVEY OF: A FARM OF LAND LOCATED IN THE S.E. 1/4 OF SECTION 27. TOWNSRI! 53 SOUTH, RANGE 42 EAST, DADE COUNTY, FLORIDA. SAID PARCEL MORE PARTICULARLY DESCRIBED AS FOLLOWS: Commence (P.O.C.) at a point on the Easterly line of Pine Tree Drive, at a point of intersection with the Northerly line of West 25th Street extended Vest. as shown on the Plat of Flamingo Terrace Extension. a subdivision recorded in Plat Book 38, nt page 61 of the public records of Dade County, Florida and run Due South along an Assumed Dearing, along the Easterly line of said Pine Tree Drive, a distance of 374.96 feet; thence run Due West across Pine Tree Drive, a distance of 100.00 feet to the Westerly line of said Pine Tree Drive and the Point of Beginning (P.0,1.) of the parcel of land hereinafter described; thence continue Due West along the Northerly line and its extension Easterly, the property occupied by the Greater Miami Hebrew Academy, located at 2400 Pine Tree Drive, a distance of 295.00 feet; thence run Due North, a distance of 110.00; thence run Due West, a distance of 40.00 feet; thence run N.14'28'39"W., a distance of 40,00 feet; thence run Due North, a distance of 46.54 feet; thence run N,t Z' 4'17''E., a distance of 11477'd feet; Thence run Due Bast. a distance of 174.25 feet to the Westerly line of said Pine Tree Drive; thence run Due South along the Westerly line of Pine Tree Drive, a dio•tance of 607.00 feet to the Point of Beginning(P,O.N,). The Area Described contains V ,"7l square fest. more or less, or 5.87n acres. more 44 lose_ I SURVEYORS CERTIFICATE: WE HEREBY CERTIFY: that the "'Sketch of Survey" s the above property is true and correct to the best of.our ha v1. a and hereon fbelief, as recentlydescribed surveyed under our direction; also that there are no Visible e shown hereon. Examination of the "Abstract of Title" willhavemadeatounls determine recorded instruments, if any. which may affect this property. This survey conforms to the minimum technical standards for Land Surveys Florida, pursuant to Section 472.027, Florida Statutes and to Chaptin the State er 6 of he Florida Administrative Code, as ?adopted by the Department of Professional Ragulatioe m; Board of Land Surveyors. This "Sketch of Survey" is not valid unless the embossed seal of a Professional Land Survt for, employed by Zurwelle-Whittaker, Inc.. is . affixed hereon. ORDER N0. 78325-91 Zu Fla- ittak Inc. By: ')1 t„4 t./[l� �4'�J-CC/ J s 0. Reeves/President P. .S. No. 2194, Florida NOTE'S: 1- The p;{nats ohwn on the property corners have a P.L.A. plug No. 2194 inserted ito Jiht t 4r oaf tech. 2- The Norte;itik.ol,and Bearings used hereon are referenced to an . Mean sea Ass 3- The Elemsti x. (,FL.) information shove is referenced to 0.00 feet used ea dianMS . Level, N..C.'?.T). EXHIBIT "B" TO EXCHANGE AGREEMENT LEASE AGREEMENT (Academy Lease) THIS LEASE AGREEMENT ("Lease") , is made and entered into this day of , 1991, by and between CITY OF MIAMI BEACH, a Florida municipal corporation ("Lessor" or "City") , and GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI, a Florida non-profit corporation ("Lessee" or "Academy") : WITNESSETH: WHEREAS, the Lessor is the owner of a certain parcel of land located in Miami Beach, Florida legally described in Exhibit "A" hereto together with improvements thereon and appurtenances thereto (collectively the "Property") and the Lessee desires to lease and use the property for educational purposes including as a classroom facility; and WHEREAS, the City desires to promote educational programs and promote use of such facilities; and WHEREAS, the proposed use of the Property for educational purposes including a classroom facility would provide an important educational component to the City and would be consistent with the City's goals; NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties covenant and agree as follows: 1. Description of Premises - The Lessor hereby leases all of the Property to the Lessee including all improvements thereon and appurtenances thereto, all in its current "as is" condition. Lessee has examined the Property and accepts the Property in its "as is" condition. 2. T= - Subject to the provisions of Paragraph 3, the term of this Lease shall be for a period of five (5) years ( ) commencing on the date hereof. The Lessee shall have an option to ren+ex this lease: amd extend the lease term for an additional five I)JB\AI)D9Io 2I 911024/42 EXHIBIT "C" TO EXCHANGE AGREEMENT (5) year period upon delivery to Lessor of notice of exercise of the renewal option at least ninety (90) days prior to the end of the initial term of the Lease. 3. Termination - Lessee shall have the right to terminate this Lease at any time upon delivery to Lessor of at least ninety (90) days prior written notice of termination (the "Termination Notice") . The parties acknowledge that simultaneously with the execution of this Lease, the parties executed another lease (the "City Lease") whereby the City is leasing back from the Academy a certain substantial portion of the golf course property acquired by the Academy from the City. The parties acknowledge that pursuant to the City Lease, the Academy, as Lessor therein, has the right to terminate the City Lease upon delivery of a notice of termination to the City as provided therein. The parties further agree that if the Academy should deliver such a notice of termination to the City under the City Lease, then the lease term under this Lease shall terminate upon the earlier of: two (2) years after the date of termination of the City Lease; or upon the date set forth in a Termination Notice which may be delivered to the City by the Academy pursuant to this Lease; or upon the expiration of the lease term of this lease (inclusive of any renewal period if the renewal option is exercised) . The Academy also agrees that if the Academy should deliver such a notice of termination to the City under the City Lease, then, upon the City's request, the Academy agrees that it shall use diligent efforts to market the sale of the Property on behalf of the City pursuant to such terms and conditions as shall be acceptable to the City during the period that this Lease remains in effect. 4. Use and Possession of Leased Premises -- The Property shall be used by the Lessee for educational purposes including but not limited to conferences, classrooms, lectures and meetings. Lessee will not make or permit any use of the Property which, dttrmstY.y or indirectly, is forbidden by public law, or,.d.irance or. government regulation or which may be dangerous to am I 0621 life, limb or property. Lessee may not commit waste on the Property, use the Property for any illegal purpose, or commit a nuisance on the Property. If the Lessee uses the Property for any purposes not expressly permitted herein and the Lessee does not discontinue such use within ten (10) business days after written notice from the Lessor, then the Lessor may terminate the Lease without further notice to Lessee, or restrain such improper use by injunction or other legal action. 5. Utilities and Telephone - The Lessee, during the term of said Lease, shall pay all costs incurred for all utilities, including but not limited to water, sewer, gas, telephone and electricity to the Property. 6. Lessor's Right of Entry - The Lessor, and its authorized agent or agents, shall have the right to enter upon the Property at all reasonable times for the purpose of inspecting the same, preventing waste, making such repairs as the Lessor may consider necessary and for the purpose of preventing fire, theft or vandalism. Nothing herein shall imply any duty on the part of the Lessor to do any work which under any provisions of this Lease the Lessee may be required to perform, and the performance thereof by the Lessor shall not constitute a waiver of the Lessee's default. If the Lessee shall not be personally present to open and permit entry into the Property at any time, the Lessor, or its agents, may enter the Property by master key, or may forcibly enter the Property under any reasonable circumstance, without rendering the Lessor or such agents liable therefor (if during such entry the Lessor or its agent or agents shall accord reasonable care to the Lessee's property) , and without in any manner affecting the obligations and covenants of this Lease. If Lessee changes the locks to the Property, Lessee shall furnish to the Lessor duplicate keys to said locks at the time of their installation or on the following business day. 7. improvements - All permanent improvements to the Property or any other improvements or furnishings installed by Lessor shall remain the property of the Lessor upon termination of DMA P410671 911(2jr'r2 3 the Lease. Upon the lawful termination of the Lease, all personal property and trade fixtures installed by the Lessee may be removed by the Lessee from the Property without damage to the Property or any improvements thereon. Lessee will permit no liens to attach to the Property arising from, connected with or related to the construction, repair, alteration or addition of the improvements by Lessee, if any. Moreover, such construction shall be accomplished through the use of licensed, reputable contractors. 8. Rent - In consideration for Lessor leasing the Property to Lessee, the Lessee shall pay to Lessor without demand the sum of One ($1.00) Dollar per year for the term of the Lease. In keeping with the City's desire to actively participate in providing and expanding educational facilities, and recognizing the unique public service benefits provided by the Lessee and in consideration of the covenants and agreements in this Lease and in further consideration of the City Lease, the Lessor contributes the Property for the use of the Lessee as a educational center and classroom facility and the Lessor shall thereby forego receiving separate monetary payments as rent and the parties acknowledge that the rental payments herein constitute a fair rental value for the Property. 9. Security - Lessee shall be responsible for and pay for security at the Property. 10. Insurance - Lessee shall, at its own expense, comply with all of the following insurance requirements of the Lessor and proof of the following insurance coverage must be furnished to the Lessor upon the commencement of the lease term and at least 15 days prior to the expiration of any insurance policy: a. commercial general liability in the amount of at.. least $1,000,000 for single limit bodily injury and prcperty damage coverage for each occurrence (contractual liability coverage is to be included) ; b. workers' compensation and employers' liability coverage within the statutory limits of Florida; and (c) Lessee DIMAD910621 911024/V7 4 shall obtain an all-risk property insurance policy covering the replacement cost value of the building and the contents of the Leased Premises. The insurance must be furnished by an insurance company rated B+VI or better, or its equivalent according to Best's Guide Rating Book, or such other rating as may be approved by the Lessor. At least 15 days prior written notice of cancellation of any coverage must be given by the Lessee to Lessor c/o City of Miami Beach, Risk Management Division, 1700 Convention Center Drive, Miami Beach, Florida 33139. Lessor shall be named as an additional insured under any such policy of insurance. Proof of these coverages must be provided by submitting an original certificate of insurance to the Lessor at the above address. 11. Exculpation and Indemnification Clauses A. Lessor shall not be responsible for any damage, theft or injury that may occur to Lessee, sublessee, it agents, exhibitors, servants, employees, staff, students, invitees, licenses or property from any cause, excepting Lessor's negligence during the period covered by this Lease. Lessee hereby expressly releases Lessor from and, subject to the limits set forth below, agrees to indemnify, defend and hold harmless the Lessor against, all suits, damages and claims for any such loss, damage, or injury, whether in contract or in tort, including any claims or liability for compensation under the Florida Worker's Compensation Act, and any and all other public liability which may arise or accrue by reason of the use by Lessee of the Property and shall pay all costs and judgments which may issue therefrom. Lessor shall not be responsible for any violations of federal or state law resulting from the sale or trafficking of counterfeit goods, personal property, or trademark, copyright and patent violations by any M` natural persons or business entities on the Property. T h e liability of Lessee under this paragraph shall be limited to the amount: calcid under the limits set forth in Section 768.28, Florida Statutes, Assuming that the Lessee would be covered by and subject to the provisions of that statute it being the intention of D781A1)910621 911024/#2 5 the parties that the liability of the Lessee and the Lessor for similar items of loss shall be the same. B. To the extent permitted by applicable law, but in any event only to the limits set forth in Florida Statutes, Section 768.28, Lessor hereby agrees to indemnify and hold harmless the Lessee from any and all claims, liability, losses and causes of action which may arise out of the negligence of the Lessor or its agents. To the limits set forth in Section 768.28, Florida Statutes, the Lessor shall pay all claims and losses arising out of the negligence of the Lessor or its agents, and shall defend all suits, in the name of Lessee when applicable, and shall pay all costs and judgments which may issue therefrom. The foregoing indemnity shall not require the Lessor to indemnify the Lessee for the Lessee's own negligence. Any and all claims Lessor becomes legally liable for shall be covered under the Lessor's Self Insurance Program. 12. Maintenance and Repairs - Lessor shall not be obligated to maintain the Property and the fixtures and appurtenances therein and Lessor shall have no obligation to make any repairs or replacements when needed to preserve them or render them in good working order and condition. All damage or injury of any kind to the Property or to the improvements, fixtures, glass, appurtenances and equipment therein, caused by the wrongful acts or negligence of Lessee, its agents, exhibitors, servants, employees, invitees or licensees, reasonable wear and tear excepted, shall be the obligation of Lessee. Upon the termination of the lease term the Property shall be delivered to the Lessor in its "as is" condition as of the commencement of the lease term, reasonable wear and tear excepted. 13. Governmental Regulations - The Lessee covenants and agrees to fulfill and comply with all statutes, ordinances, rules, orders, r ►qulations, and requirements of any and all governmental bodies, int udtir, but not limited to Federal, State and local governments, and any and all of their departments and bureaus, applicable to the Property and shall also comply with and fulfill DIR\AD910621 911024/12 6 all rules, orders, and regulations for the prevention of fire. The Lessee shall pay all costs, expenses, claims, fines, penalties, and damages that may be imposed because of the failure of the Lessee to comply with this paragraph, and shall indemnify the Lessor from all liability arising from each non-compliance. Notwithstanding anything herein to the contrary, Lessee shall not be liable for any costs, expenses, claims, fines, or penalties, arising out of non- compliance by Lessor, its agents, servants, employees, licensees or contractors, with any statute, ordinance, rule, order, regulation or requirement of any governmental body, or any rule, order or regulation for the prevention of fire, in connection with the Property or any improvements now or hereafter on the Property or any repairs or maintenance performed by Lessor. 14. Signs - In accordance with applicable regulations, the Lessee may cause the placement or display of signs, plaques, lettering or advertising material on or near the Property. 15. Lessee Liable for Damage - The Lessee shall not demolish, mar, deface, destroy or materially alter or physically change, the Property or any improvement thereon, without first obtaining the prior written consent of the Lessor. If any such unauthorized action occurs to the Property or any improvement thereon which adversely impacts on the value of the Property, then Lessee will pay such sum as shall be necessary to repair, replace or restore the Property to its previous condition, reasonable wear and tear excepted. 16. Damage to the Premises - If the Property shall be damaged by the elements or other casualty not due to Lessee's negligence, or by fire, but are not thereby rendered untenantable in whole or in part, and such damage is covered by Lessee's insurance, Lessee shall as soon as possible after such occurrence, utilize the insurance proceeds to cause such damage to be repaired. If the Property shall be damaged, destroyed, or otherwise rendered urrm tb fa tha purpose of this Lease due to casualty not caused by Lessee's negligence, and thereby the fulfillment of this Lease by Lessor is rendered impossible, then and thereupon this Lease DJB\AI 910621 911024/#2 7 shall terminate and neither Lessee nor Lessor shall make any claim against the other party, its agents or servants, for damages or compensation, should this Lease be so terminated and the insurance proceeds, if any, shall be disbursed to the parties as their interests may appear. 17. Liability for Damage or Injury - Lessor shall not be responsible or liable, except as provided in paragraph 11(b) , for any damage or injury that may occur to Lessee, its agents, servantsatrons invitees, employees or Pproperty, from any cause during the period covered by this Lease. 18. Peaceful Possession - Subject to the terms, conditions and covenants herein, Lessor agrees that Lessee shall continuously have the right to peaceful and quiet enjoyment of the Property without hindrance or molestation by Lessor. 19. Surrender at End of Lease Term - Lessee agrees to surrender to Lessor at the end of the Lease term or any extension thereof, or upon any cancellation of this Lease, said Property in "as is" condition as at the beginning of the Lease term, except for ordinary wear and tear, and damage by force majeure, fire, windstorm or other actions outside of the Lessee's control. 20. Addresses for Notices - The addresses for all notices required under this Lease shall be as follows, or at such other address as either party shall, in writing, notify the other: LESSOR: City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 With a copy to: City Attorney City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 LESSEE: GREATER MIAMI HEBREW ACADEMY d/b/a Rabbi Alexander S. Gross Hebrew Academy of Greater Miami 2400 Pinetree Drive Miami Beach, Florida 33140 Attention: Executive Director With a copy to: David J. Berger, Esq. Broad and Cassel 175 N.W. 1st Avenue Suite 2000 Miami, Florida 33128 DJD\AD910 621 911024!42 8 All notices shall be in writing and either be hand delivered and a receipt requested, or by Federal Express or other similar overnight courier or by certified mail with return receipt requested, and shall be effective upon receipt. 21. Taxes - During the Lease Term, the Lessee shall pay any and all taxes of whatever nature lawfully levied upon or assessed against the Property, the operations within the Property, or the personal property located on the Property and owned by Lessee. 22. Assignment and Subletting - Lessee shall not assign, sublease, transfer, convey, mortgage, lien or otherwise encumber this lease or any portion thereof without the written consent of the Lessor, nor suffer any use of said Property other than herein specified. Any such action, in whole or in part, approved by the Lessor shall release Lessee from any of its obligations under this Lease without a release in writing from the Lessor. 23. Subsequent Changes - Any alterations, variations, modifications or waivers of the provisions of this Lease shall be valid and binding only if reduced to writing and duly signed by both parties. 24. Entire Agreement - This Lease contains the entire agreement between the parties hereto and all previous negotiations leading thereto and it may be modified only by resolution approved by the governing body of each party or any party with authority to execute a Lease amendment or modification on behalf of either party. :15. Provisions Severable - If any term or provision of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease, or the application of such term of provision toP ersons or circumstances other then those as to which it is held invalid or unenforceable, shall not be affected thereby and each term and provision of this Lease shall be valid and be enforced to the fullest extent permitted by law. DJBWn910621 911024/12 9 26. Captions - The captions herein are for convenience and reference only and shall not be deemed a part of this Lease or construed as in any manner limiting or amplifying the terms and provisions of this Lease to which they relate. 27. Number and Gender - Whenever used herein, the singular number shall include the plural and the plural shall include the singular, and the use of one gender shall include all genders, as applicable. 28. Governing Law - This Lease shall be governed by and construed in accordance with the laws of the State of Florida. 29. Attorney's Fees - In the event of litigation arising out of any of the terms and provisions of this Lease, the prevailing party shall be entitled to collect reasonable attorneys fees and costs from the losing party. IN WITNESS WHEREOF, the parties hereto have caused these presents to be signed by the respective duly authorized officers, and the respective corporate seals to be affixed this day of , 1991. LESSOR: By: Mayor, City of Miami Beach ATTEST: City Clerk - FORM APPROVED BY LEGAL DEPARTMENT: LESSEE: GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI By. DIB\AD910621 911024/#2 10 EXHIBIT "A" TO LEASE AGREEMENT (Academy Lease) Lot 3, Block 1, FLAMINGO TERRACE ADDITION, as recorded in Plat Book 34, Page 6 of the Public Records of Dade County, Florida, addressed as 2425 Pine Tree Drive, Miami Beach, Florida. LEASE AGREEMENT (City Lease) THIS LEASE AGREEMENT ("Lease") , is made and entered into this day of , 1991, by and between GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI, a Florida non-profit corporation ("Lessor" or "Academy") , and CITY OF MIAMI BEACH, a Florida municipal corporation ("Lessee" or "City") : WITNESSETH: WHEREAS, the Lessor is the owner of a certain parcel of land located in Miami Beach, Florida legally described in Exhibit "A" hereto together with improvements thereon and appurtenances thereto, if any (collectively the "Property") and the Lessee desires to lease and use the property for municipal purposes including for golf course use; and WHEREAS, the City desires to promote recreational and municipal programs and promote use of such facilities and the Academy desires to cooperate with the City in connection with this desire; and WHEREAS, the proposed use of the Property for municipal and recreational purposes including a golf course use would provide an important component to the City and would be consistent with the City's goals; NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties covenant and agree as follows: 1. Description of Premises - The Lessor hereby leases all of the Property to the Lessee including all improvements thereon and appurtenances thereto, all in its current "as is" condition. Lessee has examined the Property and accepts the Property iii its "as is" condition. 2. Sp.rm - Subject to the provisions of Paragraph 3, the term oI this tease shall be for a period of five (5) years 13113\A13x317 911(124142 EXHIBIT "D" TO EXCHANGE AGREEMENT commencing on the date hereof. The parties acknowledge that simultaneously with the execution of this Lease, the parties executed another lease (the "Academy Lease") whereby the Academy is leasing back from the City certain property and improvements thereon consisting of a school building which was acquired by the City from the Academy. The parties acknowledge that pursuant to the Academy Lease, the Academy, as lessee therein, has the right to renew the term of the Academy Lease for an additional five (5) years upon delivery of a renewal notice to the City as provided therein. The parties further agree that if the Academy should deliver such a renewal notice to the City under the Academy Lease, then this Lease shall automatically be renewed and extended for such five (5) period subject, however, to the further right to terminate this Lease by the Academy as set forth in Paragraph 3. 3. Termination - Lessor shall have the right to terminate this Lease at any time upon delivery to Lessee of at least ninety (90) days prior written notice of termination (the "Termination Notice") . Further, the parties acknowledge that under the Academy Lease the Academy, as lessee therein, has the right to terminate the Academy Lease upon delivery of a notice of termination to the City as provided therein. The parties further agree that if the Academy should deliver such a notice of termination to the City under the Academy Lease, then this Lease shall terminate effective upon the date of termination of the Academy Lease. 4. Use and Possession of Leased Premises - The Property shall be used by the Lessee solely for municipal and recreational purposes as a part of the neighboring golf course owned by the City. Lessee will not make or permit any use of the Property which, directly or indirectly, is forbidden by public law, ordinance or government regulation or which may be dangerous to lif ',, limb or property. Lessee may not commit waste on the ]Property, 0.12R `iee Property for any illegal purpose, or commit a nuisance on the Property. If the Lessee uses the Property for any DIBIAF910317 9110241,2 2 purposes not expressly permitted herein and the Lessee does not discontinue such use within ten (10) business days after written notice from the Lessor, then the Lessor may terminate the Lease without further notice to Lessee, or restrain such improper use by injunction or other legal action. 5. Utilities and Telephone - The Lessee, during the term of said Lease, shall pay all costs incurred for all utilities, including but not limited to water, sewer, gas, telephone and electricity to the Property. 6. Lessor's Right of Entry - The Lessor, and its authorized agent or agents, shall have the right to enter upon the Property at all reasonable times for the purpose of inspecting the same, preventing waste, making such repairs as the Lessor may consider necessary and for the purpose of preventing fire, theft or vandalism. Nothing herein shall imply any duty on the part of the Lessor to do any work which under any provisions of this Lease the Lessee may be required to perform, and the performance thereof by the Lessor shall not constitute a waiver of the Lessee's default. If the Lessee shall not be personally present to open and permit entry into the Property at any time, the Lessor, or its agents, may enter the Property by master key, or may forcibly enter the Property under any reasonable circumstance, without rendering the Lessor or such agents liable therefor (if during such entry the Lessor or its agent or agents shall accord reasonable care to the Lessee's property) , and without in any manner affecting the obligations and covenants of this Lease. If Lessee changes the locks to the Property, Lessee shall furnish to the Lessor duplicate keys to said locks at the time of their installation or on the following business day. 7. Improvements All permanent improvements to the Property or any other improvements or furnishings installed by Lessor shall remain the property of the Lessor upon termination of the' Irease . Up= the lawful termination of the Lease, all personal property and trade fixtures installed by the Lessee may be removed 1)11119111317 911024,#2 3 by the Lessee from the Property without damage to the Property or any improvements thereon. Lessee will permit no liens to attach to the Property arising from, connected with or related to the construction, repair, alteration or addition of the improvements by Lessee, if any. Moreover, such construction shall be accomplished through the use of licensed, reputable contractors. 8. Rent - In consideration for Lessor leasing the Property to Lessee, the Lessee shall pay to Lessor without demand the sum of One ($1.00) Dollar per year for the term of the Lease. In keeping with the City's desire to actively participate in providing and expanding municipal and recreational facilities, and recognizing the unique public service benefits provided by the City and in consideration of the Academy Lease, the Lessor shall contribute the Property for the use of the Lessee and the public for recreational purposes as a part of the neighboring golf course and the Lessor shall thereby forego receiving separate monetary payments as rent and the parties acknowledge that the rental payments herein constitute a fair rental value for the Property. 9. Security - Lessee shall be responsible for and pay for security at the Property. 10. Insurance - Lessee shall, at its own expense, comply with all of the following insurance requirements of the Lessor and proof of the following insurance coverage must be furnished to the Lessor upon the commencement of the lease term and It least 15 days prior to the expiration of any insurance policy: (a) commercial general liability in the amount of at least $1,000,000 for single limit bodily injury and property damage coverage for each occurrence (contractual liability coverage is to be included) ; (b) workers' compensation and employers' liability coverage within the statutory limits of Florida; and (c) Lessee shall obtain an all-risk property insurance policy covering the replacement cost value of the contents of the Leased Premises. DJBV1('910317 9111rA/02 4 The insurance must be furnished by an insurance company rated B+VI or better, or its equivalent according to Best's Guide Rating Book, or such other rating as may be approved by the Lessor. At least 15 days prior written notice of cancellation of any coverage must be given by the Lessee to Lessor. Lessor shall be named as an additional insured under any such policy of insurance. Proof of these coverages must be provided by submitting an original certificate of insurance to the Lessor at the above address. Lessee may comply with these insurance provisions either through underwriters selected by Lessee or by its own self-insurance or by adding Lessor to the coverage of any manager of the Property. 11. Exculpation and Indemnification Clauses A. Lessor shall not be responsible for any damage, theft or injury that may occur to Lessee, sublessee, it agents, exhibitors, servants, employees, staff, students, invitees, licenses or property from any cause, excepting Lessor's negligence during the period covered by this Lease. Lessee hereby expressly releases Lessor from and, subject to the limits set forth below, agrees to indemnify, defend and hold harmless the Lessor against, all suits, damages and claims for any such loss, damage, or injury, whether in contract or in tort, including any claims or liability for compensation under the Florida Worker's Compensation Act, and any and all other public liability which may arise or accrue by reason of the use by Lessee of the Property and shall pay all costs and judgments which may issue therefrom. Lessor shall not be responsible for any violations of federal or state law resulting from the sale or trafficking of counterfeit goods, personal property, or trademark, copyright and patent violations by any natural persons or business entities on the Property. The liabil- ity of Lessee under this paragraph shall be limited to the amount calculated under the limits set forth in Section 768.28, Florida Statutes, assuming that the Lessee would be covered by and subject to the parculcits-,,icvm of that statute. B'. To the extent permitted by applicable law, but in any event only to the limits set forth in Florida Statutes, Section 1/1131A1`910317 91102442 5 768.28 (assuming that the Lessor would be covered by and subject to the provisions of that statute) , Lessor hereby agrees to indemnify and hold harmless the Lessee from any and all claims, liability, losses and causes of action which may arise out of the negligence of the Lessor or its agents. To the limits set forth in Section 768.28, Florida Statutes, the Lessor shall pay all claims and losses arising out of the negligence of the Lessor or its agents, and shall defend all suits, in the name of Lessee when applicable, and shall pay all costs and judgments which may issue therefrom. The foregoing indemnity shall not require the Lessor to indemnify the Lessee for the Lessee's own negligence. 12. Maintenance and Repairs - Lessor shall not be obligated to maintain the Property and the fixtures and appurtenances therein and Lessor shall have no obligation to make any repairs or replacements when needed to preserve them or render them in good working order and condition. All damage or injury of any kind to the Property or to the improvements, fixtures, glass, appurtenances and equipment therein, caused by the wrongful acts or negligence of Lessee, its agents, exhibitors, servants, employees, invitees or licensees, reasonable wear and tear excepted, shall be the obligation of Lessee. Upon the termination of the lease term the Property shall be delivered to the Lessor in its "as is" condition as of the commencement of the lease term, reasonable wear and tear excepted. 13. Governmental Regulations - The Lessee covenants and agrees to fulfill and comply lith all statutes, ordinances, rules, orders, regulations, and requirements of any and all governmental bodies, including but not limited to Federal, State and local governments, and any and all of their departments and bureaus, applicable to the Property and shall also comply with and fulfill allrules, orders, and regulations for the prevention of fire. The Lessee shall.. pyy all costs, expenses, claims, fines, penalties, and damages that mai be: imposed because of the failure of the Lessee to comply with this paragraph, and shall indemnify the Lessor from all liability arising from each non-compliance. Notwithstanding DJB1A1910317 911024//2 6 anything herein to the contrary, Lessee shall not be liable for any costs, expenses, claims, fines, or penalties, arising out of non- compliance by Lessor, its agents, servants, employees, licensees or contractors, with any statute, ordinance, rule, order, regulation or requirement of any governmental body, or any rule, order or regulation for the prevention of fire, in connection with the Property or any improvements now or hereafter on the Property or any repairs or maintenance performed by Lessor. 14. Signs - In accordance with applicable regulations, the Lessee may cause the placement or display of signs, plaques, lettering or advertising material on or near the Property. 15. Lessee Liable for Damage - The Lessee shall not demolish, mar, deface, destroy or materially alter or physically change, the Property or any improvement thereon, without first obtaining the prior written consent of the Lessor. If any such unauthorized action occurs to the Property or any improvement thereon which adversely impacts on the value of the Property, then Lessee will pay such sum as shall be necessary to repair, replace or restore the Property to its previous condition, reasonable wear and tear excepted. 16. Damage to the Premises - If the Property shall be damaged by the elements or other casualty not due to Lessee's negligence, or by fire, but are not thereby rendered untenantable in whole or in part, and such damage is covered by Lessee's insurance, Lessee shall as soon as possible after such occurrence, utilize the insurance proceeds to cause such damage to be repaired. If the Property shall be damaged, destroyed, or otherwise rendered unusable for the purpose of this Lease due to casualty not caused by Lessee's negligence, and thereby the fulfillment of this Lease by Lessor is rendered impossible, then and thereupon this Lease shall terminate and neither Lessee nor Lessor shall make any claim :against the other party, its agents or servants, for damages or compessa3tion, shamid this Lease be so terminated and the insurance proceeds, if anye1 shall be disbursed to the parties as their interests may appear. DJB\AI910317 911024/12 7 17. Liability for Damage or Injury - Lessor shall not be responsible or liable, except as provided in paragraph 11(b) , for any damage or injury that may occur to Lessee, its agents, servants, patrons, invitees, employees or property, from any cause during the period covered by this Lease. 18. Peaceful Possession - Subject to the terms, conditions and covenants herein, Lessor agrees that Lessee shall continuously have the right to peaceful and quiet enjoyment of the Property without hindrance or molestation by Lessor. 19. Surrender at End of Lease Term - Lessee agrees to surrender to Lessor at the end of the Lease term or any extension thereof, or upon any cancellation of this Lease, said Property in "as is" condition as at the beginning of the Lease term, except for ordinary wear and tear, and damage by force majeure, fire, windstorm or other actions outside of the Lessee's control. 20. Addresses for Notices - The addresses for all notices required under this Lease shall be as follows, or at such other address as either party shall, in writing, notify the other: LESSEE: City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 With a copy to: City Attorney City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 LESSOR: GREATER MIAMI HEBREW ACADEMY d/b/a Rabbi Alexander S. Gross Hebrew Academy of Greater Miami 2400 Pinetree Drive Miami Beach, Florida 33140 Attention: Executive Director With a copy to: David J. Berger, Esq. Broad and Cassel 175 N.W. 1st Avenue Suite 2000 Miami, Florida 33128 DJBlA1 10317 911024,12 8 All notices shall be in writing and either be hand delivered and a receipt requested, or by Federal Express or other similar overnight courier or by certified mail with return receipt requested, and shall be effective upon receipt. 21. Taxes - During the Lease Term, the Lessee shall pay any and all taxes of whatever nature lawfully levied upon or assessed against the Property, the operations within the Property, or the personal property located on the Property and owned by Lessee. 22. Assignment and Subletting - Lessee shall not assign, sublease, transfer, convey, mortgage, lien or otherwise encumber this lease or any portion thereof without the written consent of the Lessor, nor suffer any use of said Property other than herein specified. Any such action, in whole or in part, approved by the Lessor shall release Lessee from any of its obligations under this Lease without a release in writing from the Lessor. 23. Subsequent Changes - Any alterations, variations, modifications or waivers of the provisions of this Lease shall be valid and binding only if reduced to writing and duly signed by both parties. 24. Entire Agreement - This Lease contains the entire agreement between the parties hereto and all previous negotiations leading thereto and it may be modified only by resolution approved by the governing body of each party or any party with authority to execute a Lease amendment or modification on behalf of either party. 25. Provisions Severable - If any term or provision of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease, or the application of such term of provision to persons or circumstances other then those as to which it is held invalid or anwitfarcealale, shall not be affected thereby and each term and provrizion of th:Ais Lease shall be valid and be enforced to the fullest extent permitted by law. DJBW 1910317 91102442 9 26. Captions - The captions herein are for convenience and reference only and shall not be deemed a part of this Lease or construed as in any manner limiting or amplifying the terms and provisions of this Lease to which they relate. 27. Number and Gender - Whenever used herein, the M` singular number shall include the plural and the plural shall include the singular, and the use of one gender shall include all genders, as applicable. 28. Governing Law - This Lease shall be governed by and construed in accordance with the laws of the State of Florida. 29. Attorney's Fees - In the event of litigation arising out of any of the terms and provisions of this Lease, the prevailing party shall be entitled to collect reasonable attorneys fees and costs from the losing party. 3030. nagene/It_stf _Property.. The parties acknowledge that the Property is currently a part of a management agreement between the City and American Golf Corporation dated June 6, 1986 (the "Management Agreement") . The City agrees, upon notice from Lessor, to cause the Property to be removed from the terms, conditions and coverage of the Management Agreement as provided under the terms of the Management Agreement but in no event later than 190 days after the delivery of the aforementioned written notice from Lessor to the Lessee. DIMA1910317 91102142 10 IN WITNESS WHEREOF, the parties hereto have caused these presents to be signed by the respective duly authorized officers, and the respective corporate seals to be affixed this day of 1991. LESSEE: By: Mayor, City of Miami Beach ATTEST: City Clerk FORM APPROVED BY LEGAL DEPARTMENT: LESSOR: GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI By: D1131A3 910317 911024,12 11 EXHIBIT "A" DJR\A 1.'91 tai 17 911024/12 12 I I -* /IJ.r•oI• I The term "Pru er t consists of 2 "r . p Ypaue5 �' W which is the lands described on this Page ' '•"% W ` LU '`�'`r I ,. 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S Minn C>I!U1.tta•t w"bomb•t Pear..f sir..0.....•teM��Mrrti.* .. J�rj► . 4 1 M tree meal••.rest a O.10rt•t wet•.sledge aid Mltot'.r a.wsal, I 1 O4 d I 14. 1 its'�' a }0 v osor exceed err.err e*tremt tee M war•m1 weeeme••r stats oe ser W I \V-- )3 7 a o � ea shy �Mt'�t she.40*4 teased,.� la _ alliewr•..wt•..l•..Mrs.Ia1rw.iamlt.•etm••t tae'fliorw.c at tiu••ail)mars A.m.' � ,/ .rj 4J4t L/0 " d'//t t✓/✓^ t0 r awe tae atalmn*ao rowedea*.mtrumt•.it me.a .$4 say.*teat two•••••rep. 0.. (a /�/` wcs r Q/ - - I al~*a oerarwP•west.e to the slalom•.•IaMi*wo.it.r Oar W•.rwpw•e w t"1 �•e..m•/t4r►Y4f1 / *tweed PLttea...er.sa•t t•Mattes 471.035.rho..•t•ess•.••/es P.ptar q KIM-6.t w/lmrt�.aar••t.sa s1t,s C.a..«0+5.50*N eke Iw.•evwe•t r-r Pester11 PrOalmt3w.bawd.t Lewd•Mwf.es.eft.`Met..1 Oe.'y to mat = eeJ.1 melees w tart•..t Deal.t a Hr•t.••twd W Ps.w.er.•+Mnl b %1 I r .let..t.•tta•N 1.r.... W .\ WPI K.71323-01 .lam` '►. UMW rDyi J,� ' a• ' i , 1-Pi••r Ow.w..r...rsp..sear.1..•I seem O._eves•.Prwa.rt k W. t..1„..11.plea M w tar.e each. 01 -5 C[ JS �fEO/.1 t1 J� 2-lima Moettt areae•Marla.we r.t•rrre•+ P.1.a.r-nf+.Metes 1� '1 'T is as amr4d li rtelao N C' a a f-t>!a.•halt...(Zi.)Wawa.'to t.t.■r.d t I b.•.••tow.Pr..w 1...1.■.1.0.5. 1 Inc 554-4644 I NMI f.Q.a„PM: moo a tom,al1�l1 ` ZURWELLS WHITTAKER ANC..tar.we CONSUL 7aa0 taelo*tell Opo WAMPUM A 1.1v:: ✓w CD a f4S/ moot"RD SIA rt AM Imam MACH i{„t 27r71 .T7I9L G✓O.5•,. .2_17,,,,_rr. �'RO.C' ,- _�----- - yI -�-- -- /_' r D4.1 f iGtlt OmMMre Sr /!1 I jC 24;4-7 .So',O / fdJT.0 I—/ Cast;7•r _ 9-16-11 1.•20' a• J0[ II A/E3rPC" a /_gam , 1 J r t E F 1' k/e s r Q 5 7 w C r Z s• ret woo., I IiPscw r4ory f jrLEEr t d - ESCROW AGREEMENT THIS ESCROW AGREEMENT (" Escrow Agreement") is entered into this t day of kkc-. , 1991 between CITY OF MIAMI BEACH ("City") , GREATER MIAMI HEBREW ACADEMY d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI ("Academy") , and BROAD AND CASSEL ("Escrow Agent") . This Escrow Agreement concerns an escrow closing under a certain Exchange Agreement dated Cc 's g g 1991 ("Exchange Agreement") executed by the City and the Academy. The parties acknowledge that the transaction contemplated by the Exchange Agreement has this day closed in escrow and certain original instruments executed by the City and the Academy, or both of them, have been delivered to Escrow Agent to be held in escrow under the terms of this Escrow Agreement. The documents include: 1. Deed from City to Academy regarding 3 . 87 acres of land; 2 . Deed from Academy to City regarding property at 2425 Pine Tree Drive, Miami Beach; 3 . Closing Affidavits from both City and Academy regarding each property; 4 . Closing Statements from both City and Academy regarding each property; 5. Lease between City as landlord and Academy as tenant leasing back to the Academy the property conveyed to the City; and 6 . Lease between Academy as landlord and City as tenant leasing back to the City the property conveyed to the Academy, less a=. . rta.t i accluded parcel as contemplated by the Exchange Agreement. DJB\AC911389 911025 The parties agree that other than the Escrow Condition (as defined below) , all conditions of closing , under the Exchange Agreement have been met and accepted to the satisfaction of the City and the Academy. The "Escrow Condition" is: delivery to the City and the Academy of copies of a second appraisal which indicates that the Academy Property is either greater than or within 25% of the value of the City Property. The City and Academy acknowledge that the second appraisal is currently being performed by Seymour Schwartz. Upon satisfaction of the Escrow Condition, the Escrow Agent shall distribute the documents out of escrow to the appropriate parties. The City and the Academy agree to promptly deliver to the Escrow Agent such funds as are contemplated by the Exchange Agreement in order to consummate the transactions contemplated thereby. Unless the Escrow Condition is satisfied, the Escrow Agent shall continue to hold the documents in escrow until receipt of written instructions from the City and the Academy, or their respective counsel, or pursuant to court order. The City and the Academy shall hold the Escrow Agent harmless for any interpleader or court action which is a consequence of or related to the escrow. If the Escrow Condition is not satisfied within 60 days, then the parties agree to adjust the equities as contemplated by the Exchange Agreement and based on the mutual agreement of the parties. The parties acknowledge that the Escrow Agent is counsel to the. kvademy in this matter and does not represent City on this matter. The parties further acknowledge that the Escrow Agent has D38\AC9113 89 911025 2 previously represented the City on unrelated matters and both the City and the Academy acknowledge and agree, , and have previously acknowledged and agreed, to such representation. Both the City and the Academy have accepted such representation of the Academy, notwithstanding the fact that the Escrow Agent, as legal counsel, may represent and may have represented the City from time to time on unrelated matters. The parties acknowledge that the Escrow Agent may act upon the written authorization of any person purporting to act for either the City or the Academy or pursuant to written instructions from counsel for either the City or the Academy, without the need of inquiring into the authenticity of any signatures or the authority of any person to act on behalf of either party. The parties below have executed this Escrow Agreement and confirm and agree to the provisions set forth above. GREATER MIAMI HEBREW ACADEMY CITY OF MIAMI BEACH d/b/a RABBI ALEXANDER S. GROSS HEBREW ACADEMY OF GREATER MIAMI t�ti} B By: Y z ►sc.ry t4 .4Q zet-j, v c Ct.-AYe 1. kikest 7;(../Lo..,%8 F BROAD AND CAS S EL, 1M uLc,-I` FORM APPROVED ESCROW AGENT LEGAL DEPT. ey -�. By. C:WV Pves. 1,Date � �i , ?.A tL " , DJB AC9113 89 911025 3 annAt P:E! OTAITTON NO, 91-20356 Apptoviftg an e)alharige agroemont betweell the C.M.B. and Rabbi Alwxander S. Gross Hebrew Acadeny of Greater Miami, Inc. OOOOO .