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86-18390 ResoRESOLUTION NO. 8~t8390 7~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A DEVELOPMENT AGREEMENT, PARKING AGREEMENT, AND AMENDMENT OF CONTRACT OF SALE WITH SOUTH SHORE DEVELOPERS, INC. ALL PERTAINING TO THE UPLAND MARINA PROPERTY. WHEREAS, the City, pursuant to Resolution No. 85- 18099, entered into a Stipulation dated July 1, 1985 for the purpose of settling South Shore Developers, Inc. et al. v. City of Miami Beach Redevelopment Agency, Eleventh Circuit Court Case No. 82-24526(19); and WHEREAS, said Stipulation required the City, the Miami Beach Redevelopment Agency and South Shore Developers, Inc. to negotiate a Development Agreement for the development of the upland marina property; and WHEREAS, the parties have negotiated a Development Agreement and related Parking Agreem~at and Amendment of Contract of Sale, (all of which are attached'~ereto); and WHEREAS, the Administration recommends the negotiated agreements to the City Commission and the City Attorney has approved the documents as to form'S!' ~'. NOW THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Development Agreement, Parking Agre~ment and Amendment of Contract of Sale are hereby approved and a~epted, and the Mayor and the City Clerk are authorized to sign"~id documents. PASSED AND ADOPTED this 5th day of March, 1986. ~_AY~R / Attest: City Clerk Approved as to Form: Legal Department