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94-21140 RESO Incomplete t RESOLUTION No. 94-21140 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT WITH THE LINCOLN ROAD PARTNERSHIP, INC. AND THS, INC., AS PARTNERS, FOR THE MANAGEMENT OF AN EMPLOYEE SHUTTLE BUS SYSTEM AND OF THE 17TH STREET GARAGE. WHEREAS, the city is committed to alleviating the parking congestion in the South Beach area; and WHEREAS, the present parking situation is caused in large part by the substantial number of individuals working in South Beach establishments and creating a parking demand in the area; and WHEREAS, on February 24th, 1994, the City of Miami Beach adopted Resolution No. 93-20974, authorizing the City Manager to begin negotiations with the firm of TMS, Inc. to provide a shuttle service in the South Beach area; and WHEREAS, on February 24th, 1994, the Administration presented a Management Agreement to the Mayor and City commission, said Agreement between the city and TMS, Inc. for the management of an employee shuttle bus system and of the 17th Street Garage; and WHEREAS, members of the Lincoln Road Task Force (the Task Force) also appeared before the Mayor and City Commission on that date and requested that the Mayor and City commission defer consideration of the Management Agreement so that the Task Force could evaluate the Agreement and determine its impact upon the adjoining Lincoln Road area and whether perhaps an alternate proposal, with the Task Force I s input, might better serve the revitalization efforts currently underway in the Lincoln Road area; and WHEREAS, subsequent to the February 24th City commission meeting, the members of the Lincoln Road Task Force have incorporated and created the entity known as the Lincoln Road partnerShip, Inc.; and WHEREAS, the Lincoln Road PartnerShip, Inc has formed a partnership with TMS, Inc. for the management of the shuttle service and the 17th street garage (the Garage); and WHEREAS, the attached Management Agreement (the Agreement) provides for the Lincoln Road PartnerShip, Inc. and TMS, Inc. to manage, on a six-month trial basis, a shuttle service from the Garage, which will make several stops in the south Beach area, to transport employees and thereby make available a substantial number of parking spaces to the general pUblic; and WHEREAS, the Agreement also provides for the management of the Garage, on a six month trial basis, which shall include 24 hour a day, seven day per week attendant parking, of the facility; and WHEREAS, the Agreement provides for the City to receive all revenues accruing from the Garage operation; and WHEREAS, the Agreement provides for the city to pay a management fee to ~he Lincoln Road Partnership, Inc. and TMS, Inc. equal to 17.5 percent of the Garage operational expenses; and WHEREAS, the Agreement provides for the city to pay a management fee to the Lincoln Road partnership, Inc. and TMS, Inc. equal to five (5%) percent of the shuttle bus operational expenses. WHEREAS, the Administration would recommend that, as the initial term of the Agreement sets forth a six-month trial period, the Mayor and City commission find that the public interest would best be served by waiving the competitive bidding requirements pertaining to the agreement and allowing same to proceed for the intended six month trial period. f . . NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City commission authorize the Mayor and the city Clerk to execute the attached Management Agreement between the City of Miami Beach and the Lincoln Road partnership Inc., and TMS, Inc. for management of an employee shuttle bus system and of the 17th street Garage; and further find that the public interest would best be served by waving the competitive bidding requirement pertaining to this agreement and allowing same to proceed for the intended six month trial period. PASSED and ADOPTED this 20th day of April, 1994. MAYOR Attested by CITY CLERK ~ -2- CITY OF MIAMI BEACH ~e CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 OFFICE OF THE CITY MANAGER TELEPHONE: (305) 173-7010 FAX: (305) 173-7712 COMMISSION MEMORANDUM NO. ~ TO: Mayor Seymour Gelber and Members of the City Commission DATE: April 20, 1994 FROM: SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MI~I BEACH, FLORIDA, AUTHORIZING THB MAYOR AND CITY CLBRK TO BXBCUTB AN AGREBMBNT WITH LINCOLN ROAD PARTNERSHIP, INC, AND TMS FOR THE MANAGBMBNT OF AN EMPLOYEB SHtlTTLB BUS SYSTEM AND THB 17TH' STREBT GARAGB. ADMINISTRA nON RECOMMENDATION: The Administration recommends that the City commission authorize the Mayor and City Clerk to execute an agreement with Lincoln Road Partnership, Inc. and TMS for the operation and management of a shuttle on a six month experimental basis to transport employees working in the South Beach area to a central parking location in order to alleviate parking congestion in that part of the city and, for the management of the 17th Street Garage. BACKGROUND: On November 17, 1993 the City Commission adopted Resolution No. 93- 20974 authorizing the administration to negotiate with TMS, a transportation and parking management firm, to establish an employee shuttle for the South Beach area on a six-month trial basis. Providing an alternate location for the substantial number of employees who work in South Beach establishments and also park their vehicles in the area will free up an estimated 400 to 500 spaces daily. This would alleviate the severe parking congestion situation which presently exists on South Beach. The 17th Street/Convention Center Drive parking garage provides a convenient, high-capacity parking location for employees to park their vehicles and board the southbound shuttle. At the February 24,'1994 Commission Workshop on parking issues, it was agreed by the Commission that a proposal by the Lincoln Road Association would be considered as an alternative to the TMS proposal. As a result of that decision, the Lincoln Road Task Force has incorporated and is known as Lincoln Road Partnership, Inc. These two entities have formed a partnership, which is known as Lincoln Road Partnership, Inc. and TMS. Their shares of operation are 50%/50%. Lincoln Road Partnership, Inc. and TMS have submitted a proposal similar to the original TMS plan. The Lincoln Road Partnership, Inc. and TMS Agreement provides for the transfer of the management of the 17th Street garage from the City to Lincoln Road Partnership, Inc and TMS. One of the partners, TMS, has successfully managed the 13th Street/Collins Avenue Municipal Parking Garage. It is therefore appropriate to place management of that facility, including attended parking 1 services. under Lincoln Road partnership, Inc. and TMS during the trial period of the shuttle. Incorporated in Resolution No. 93- , AGENDA ,..., B ITEM=--R.- ,- DATE 4-2.0-tl- MAYOR AND COMMISSION PAGE 2 APRIL 2Q 1994 20974 is a waiver of competitive bidding based upon the critical need of the service, experimental nature of the project and experience of VIP Parking with the City of Miami Beach. ANALYSIS: Lincoln Road Partnership, Inc.and TMS's proposed rate structure is consistent with the current rate ordinance calling for maximum hourly charge of $1.00, with a 'maximum daily flat rate of $5.00 (24 hour period). All municipal permits presently honored in the 17th Street garage will be honored during the shuttle trial period. Lincoln Road Partnership, Inc. and TMS will honor a specific garage permit which will entitle the holder to use the facility and the South Beach employee shuttle. Controls will be implemented to verify shuttle ridership. Marketing 'will be established as a subcontract with a firm capable of ensuring the success of the project. The City will be entitled to all revenues from the garage and the shuttle during the trial period, and will pay Lincoln Road Partnership, Inc. and TMS a management fee plus expenses comprised of the following' 1. 17.5 percent of the garage I s operating expenses per an approved budget. 2. Five percent of the cost of shuttle bus operating expenses per an approved subcontract. The total management fee to be paid to Lincoln Road Partnership, Inc. and TMS by the City is estimated between $6,000 to $8,000 per month. 3. The operating expenses of the shuttle and the garage for the six month period are estimated as follows: o Shuttle Bus Operatiing Expenses: Cost per Hour: Hours of Operation: $28.00 per hour Monday through Thursday 7AM to Midnight Friday through Sunday 24 hrs a day Shuttle Bus Expense (six months) : Management Fee (5%): Sub-total: $101,920 $ 5,096 $107,016 o 17th Street Garage Operating Expenses: Number of Spaces: 1,398 Hours of Operation: 24 hrs a day/seven days per week Operating Expense (six month) : Management Fee (17.5%): Sub-total: $189,605 $ 33,181 $222,786 GJ:au.cl Total: a329.802 Based on proposed fees and projected utilization of the garage and shuttle, revenue to the City during the six month trial period will be approximately $200,000. The expenses will be between $300,000 and $330,000 for the period, resulting in a potential loss of $130,000 for the six-month experimental program. This loss will funded from parking revenues. 2 MAYOR AND COMMISSION PAGE 3 APRIL 2\)1994 CONCLUSION: Lincoln Road Partnership, Inc. and TMS have substantial experience within the city in both surface lot parking and garage management. Based on the significant benefits of the shuttle proposal and the experience of LINCOLN ROAD PARTNERSHIP, INC., Inc. and TMS, it is recommended that the Commission waive competitve bids and authorize the Administration to execute a contract with LINCOLN ROAD PARTNERSHIP, INC.and TMS for the management of an experimental employee shuttle bus system and management of the 17th Street Garage for a six month period. RMC:FJR:cic 3 RESOLUTION No, 94- A RBSOLUTJ:ON OF THE MAYOR AND CJ:TY COMlUS8J:ON OF THE CJ:'1'Y OF JlJ:UJ: BlACK, FLORIDA, AUTHORIZING THI MAYOR AND CJ:TY CLBRJt TO lXECOTI AN AGRElMENT WITH TO LINCOLN ROAD PARTIfBRSHIP, J:NC. AND THS, IIl'C., AS PARTlfBRS, FOR THI MAHAGBJO!lNT OF AN IMPLOYBI SHtl'l"l'LI BOS SYSTIM AND OF THI 17TH STREIT GARAGI. WHIRBAS, the city is committed to alleviating the parking congestion in the South Beach area; and WHBRBAS, the present parking situation is caused in large part by the substantial number of individuals working in South Beach establishments and creating a parking demand in the area; and WHlREAS, on February. 24th, 1994, the City of Miami Beach adopted Resolution No. 93-20974, authorizing the City Manager to begin negotiations with the firm. of TMS, Inc. to provide a shuttle service in the South Beach area; and WHBRBAS, on February 24th, 1994, the Administration presented a Management Agreement to the Mayor and City commission, said Agreement between the City and TMS, Inc. for the management of an employee shuttle bus system and of the 17th Street Garage; and WHBRBAS, members of the Lincoln Road Task Force (the Task Force) also appeared before the Mayor and city commission on that date and requested that the Mayor and City commission defer consideration of the Management Agreement so that the Task Force could evaluate the Agreement and determine its impact upon the adjoining Lincoln Road area and whether perhaps an alternate proposal, with the Task Force's input, might better serve the revitalization efforts currently underway in the Lincoln Road area; and WHIRBAS, subsequent to the February 24th city Commission meeting, the members of the Lincoln Road Task Force have incorporated and created the entity known as the Lincoln Road Partnership, Inc,; and WHIRBAS, the Lincoln Road Partnership, Inc has formed a partnership with TMS, Inc. for the management of the shuttle service and the 17th Street garage (the Garage); and WBBRBU, the attached Management Agreement (the Agreement) provides for the Lincoln Road Partnership, Inc. and TMS, Inc. to manage, on a six-month trial basis, a shuttle service from the Garage, which will make several stops in the South Beach area, to transport employees and thereby make available a substantial number of parking spaces to the general public; and WHEREAS, the Agreement also provides for the management of the Garage, on a six month trial basis, which shall include 24 hour a day, seven day per week attendant parking, of the facility; and WHIRBAS, the Agreement provides for the City to receive all revenues accruing from the Garage operation; and WHIRBAS, the Agreement provides for the City to pay a management fee to the LinCOln Road Partnership, Inc. and TMS, Inc. equal to 17.5 percent of the Garage operational expenses; and WHlREAS, the Agreement provides for the City to pay a management fee to the Lincoln Road partnership, Inc, and TMS, Inc. equal to five (5t) percent of the shuttle bus operational expenses. 1fJlIRBAS, the Administration would recommend that, as the initial term of the Agreement sets forth a six-month trial period, the Mayor and city commission find that the public interest would best be served by waiving the competitive bidding requirements 4 pertaining to the agreement and allowing same to proceed for the intended six month trial periOd. AGENDA ITEM R - '1-=-~ DATE NOW TJlBREFORE, BB IT DULY RESOLVED BY 'l'JIB MAYOR AND CITY COMMISSION 01' THB CITY 01' MIAMI BEACH, FLORIDA, that the Mayor and City commission authorize the Mayor and the City Clerk to execute the attached Management Agreement between the City of Miami Beach and the Lincoln Road partnership Inc., and TMS, Inc. for management of an employee shuttle bus system and of the 17th street Garage; and further find that the pUblic interest would best be served by waving the competitive bidding requirement pertaining to this agreement and allowing same to proceed for the intended six month trial period. PASSBD and ADOPTED this ____ day of April, 1994. MAYOR Attested by CITY CLERK - Date -2- 5 AGREEMENT BETWEEN CITY OP MIAMI BEACH AND LINCOLN ROAD PARTNERSHIP, INC. AND TMS, INC. POR THE PROVISION MANAGEMENT SERVICES TO THE 17TH STRBET GARAGE AND SHUTTLB 6 R-1-::-~- L 'i - 2.0-'1 '-I AGENDA ITEM DATE This Agreement (the Agreement) is entered into this day of 1994, by and among the CITY OP MIAMI BEACH, a Florida Municipal Corporation, (CITY), located at 1700 Convention Center Drive, Miami Beach, Florida 33139, and the LINCOLN ROAD PARTNERSHIP, INC, , a Florida Corporation, located at 1045 Lincoln Road, Miami Beach, Florida 33139 and TMS, INC" located at 12355 N.E. 13th Avenue, North Miami, Florida 33161 as joint and several partners. Hereinafter, t e Lincoln Road Partnership and TMS are collectively referred to s "Consultant". NOW THEREFORE, the Ci y and the Lincoln Road Partnership, Inc. agree as follows, ARTICLII I The City hereby reta'ns and engages the Consultant to perform the services as set fort in Section 2.01 of .this Contract, such services, are hereinafter referred to as the "Services". en The Consultant shal Services on or about Apri commence to undertake and perform the 1 , 1994. (Commencement Date) . 1 7 Section 1,03: Term The Consultant shall undertake and perform the Services for, during and within the term (Term) beginning on the Commencement Date and ending, unless earlier terminated pursuant to Section 7.01 hereof, on September 30, 1994, or six (6) months after the Commencement Date(Termination Date); provided, however, that the City, at its sole discretion shall have the option to renew this Agreement, upon the Termination Date, for a further term of six (6) months; upon the same terms and conditions as agreed to herein or as may otherwise be mutually agreed to by the parties herein. The City shall notify the Consultant of its determination whether to renew this Agreement thirty (30) days prior to the Termination Date. ARTICLB 2 SCOPB OP SBRVICBS Section 2.01: Scooe of Service. The Services provided by the Consultant shall include the following: I. Management of the 17th Street Garage (a) The Consultant shall provide attended parking service on a 24 hour a day, seven day per week basis at the City's 17th Street Garage (Garage). 2 8 (b) The Consultant shall provide maintenance to the Garage including but not limited to cleaning the facility. (c) The Consultant shall collect and remit to the City all monies generated in connection with operating the Garage. (c) The Consultant shall implement all necessary controls, as approved by the City Manager or his designee, as it relates to managing the Garage including controls for authorized parking in the Garage and revenues collected pursuant to operating in the Garage. II. Management of a Shuttle Bu. Sy.tem (a) The Consultant shall manage the shuttle bus system (Shuttle) as implemented by the City. (b) The Shuttle will transport employees of the area, herein described as that area bounded on the north by 17th Street, on the south by 5th Street, on the east by Ocean Drive and on the west by Washington Avenue (Ocean Drive area), to and from the 17th Street garage to and from the Ocean Drive area. The Shuttle will stop on odd numbered streets on Washington Avenue between 5th and 17th Streets. The Shuttle will coincide with MOTA bus stops, where possible. (e) The Consultant will manage the operation of the Shuttle service between the hours of 7:30 a.m. to Midnight, on Monday through Thursday and on a 24 hour basis, on Friday through Sunday. 3 9 (dl The Consultant shall implement all necessary controls, as approved by the City Manager or his designee, as it relates to management of the Shuttle System. Section 2.02: Rate Structure/Permits (al The Consultant will implement a rate structure for parking in the Garage that is consistent with the City of Miami Beach Ordinance No. , as same may be amended, governing rates to be charged in the Garage. This rate structure shall include, but is not limited to, an hourly rate and a daily rate which shall not exceed $1.00 per hour and $5.00 per day or per 24 hour period. (bl The Consultant shall honor all municipal parking permits, as approved by the City Manager or his designee, for parking in the Garage. (cl The Consultant shall honor a site specific permit to be issued by the City which will entitle the holder of such a permit to park in the Garage and be transported via the Shuttle to and from the Ocean Drive area. Section 2.05: Citv Review and Remedies (a) The performance of the Program shall be subject to the review and reasonable direction and control of the City. 4 10 (b) The City shall have the right to inspect the performance of the Services and, by written notice to the Consultant order the performance of specific items of the Program set forth in Sections 2.02 herein, pursuant to Section 4.04 of this Agreement, which it reasonably finds have not been satisfactorily performed. Where the City has issued such an order, the Consultant shall promptly commence and diligently complete the work specified therein. If within fifteen (15) days following any such notice from the City to the Consultant to perform specific items of work, such work has not been performed or, if the work is of such a nature as cannot be completed within such period and the Consultant has not commenced to perform the work, then the City shall have the right, upon notice to the Consultant to immediately perform such work with City employees and resources, and to charge the Consultant therefore, and shall have the right, without limitation as to other remedies, to deduct its costs of doing such work from the next installment or installments of payments to be paid to the Consultant. Nothing herein contained shall extend the obligation or limit the right of the City at any time to perform work in its ordinary municipal capacity. 5 11 ARTICLE 3 FUNDING/COMPENSATION Section 3.01 ODeratinq Budqet and Pundinq of ODeration. (a) consultant shall provide the City with a monthly operating budget for the management services to be provided at the Garage. (bl The City shall advance funding in an amount equal to the first month's operating budget as same shall be provided by the Consultant and approved by the City Manager or his designee prior to commencement of the Services herein. Thereafter, the City shall advance funding in the amount as provided for in t~e monthly operating budget as submitted by the Consultant and approved by the City Manager or his designee. Such amount shall, however. be adjusted to reflect any differences between the prior month's budget and the prior month's actual operating expenses. Section 3.02 Cnmnen..tion I. Management of the 17th Street Garage The City shall pay to the Consultant on a monthly basis an amount equal 17.5 percent of the monthly operating expenses for the services performed in relation to management of the Garage. Monthly payments shall be made after receipt of all required documentation and reconciliation of the month's expenses. 6 12 (bl Such payments shall be subject to the deductions provided in Section 2.05 (b). II. Management of the Shuttle Bus System (a) The City shall pay to the Consultant on a monthly basis an amount equal to five percent of the City's monthly operating expenses for the services performed in relation to the provision of the Shuttle Service. (b) Such payments shall be subject to the deductions provided in Section 2.05 (bl. ARTICL. 4 BOOKS AND R.CORDS, AUDIT: ANNUAL RBPORT Section 4.01: Book. and Record. The Consultant shall keep, in an orderly fashion, up-to-date books and records in accordance with generally accepted accounting principles and in accordance with any standards issued by the City'S Office of Management and Budget, showing all its receipts and disbursements, including without limitation, all disbursements and liabilities, including contingent liabilities. Section 4.02, Maintenance and Record. The Consultant shall maintain complete and accurate records in readily accessible files on all its activities in connection with this Agreement. Such records shall include but shall not be 7 13 limited to the following: (a) copies of all relevant correspondence, both incoming and outgoing; (b) financial documentation such as bank statements, canceled checks, bills and receipts, requests for payment, and deposit slips relating to all financial accounts and transactions under this Agreement; (c) cash disbursement ledger, cash receipts ledger and general ledger of the Consultant; and (d) such other records and papers as the City in writing may require to be maintained. Section 4.031 Audit The City shall have the right, at all reasonable times, to audit, inspect, and copy any of the books, records, accounts and other documents of the Consultant in connection with this Agreement upon reasonable notice to the Consultant. REPRESENTATIONS AND WARRANTIBS Section 5.011 Conflict of Interest The Consultant warrants and represents that no elected official or other officer or employee of the City, or any person whose salary is payable in whole or in part from the City, shall participate in any decision relating to this Agreement which affects his or her personal interest or the interest of any 8 14 corporation, partnership, or association in which his or her personal interest or the interest of any corporation, partnership, or association in which he or she is directly or indirectly involved in and which would conflict in any manner or degree with the performance of the terms and conditions of this Agreement. The consultant further covenants that in the performance of this Agreement, no person having any such interest shall knowingly be employed by the Consultant. Section 5.02: Pendina Litiaation The Consultant warrants and represents that there are no proceedings pending, or to the knowledge of the Consultant threatened. against or affecting Consultant in any court or before any governmental authority or arbitration board or tribunal which involve the possibility of materially and adversely affecting the operation and condition (financial or otherwise) of the Consultant or the ability of the Consultant to perform this Agreement. The Consultant is not in default with respect to any order of any court, governmental authority or arbitration board or tribunal. ARTICLB 6 Section 6.01: Goveminer Law: Venue This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. 9 15 Section 6.02: Comcliance with Law The Consultant agrees that all acts to be performed by it in connection with this Agreement shall be performed in strict conformity with all applicable federal, state, and local laws, rules, regulations and orders. Section 6.03: Minimum Waqea All persons employed by the Consultant or any subcontractor of the Consultant Road Partnership, Inc. in the manufacture or furnishing of the supplies, materials, or equipment or the furnishing of work, labor or services, used in the performance of this Agreement, shall be paid, without subsequent deduction or rebate unless expressly authorized by law, not less than the minimum wage required by law, unless a higher amount is required pursuant to any other provision of this Agreement. ARTICLB 7 DBPAULT, SUSPENSION OR TBRMINATION Section 7.01:. Riaht to Withhold PaYment, D_mand Return of PaYment and/or Terminate Contract Due to Acta of the Conaultant. (a) Notwithstanding any other rights of the City under other Sections of this Agreement, if the Consultant through any cause, is in breach of this Agreement because in the reasonable judgment of the City, the Consultant fails to progress with the Services in accordance with this Agreement, or if the Consultant violates any 10 16 of the terms, covenants or provisions of this Agreement, the City shall give written notice to the Consultant of such breach and the Consultant Road Partnership, Inc. shall have ten (10) days in which to cure. If the Consultant does not cure, within this ten (10) day period, the City, at its sole option, shall have the right to notify Consultant that due to the Consultant, the City will withhold payments due under the Agreement, and/or demand return of payments already made which are equal to the damages the City may have already suffered due to the breach by Consultant, and/or terminate the Agreement. Section 7.03: No Rel.a.. The termination of this Agreement, whether by expiration of it's Term or otherwise, shall not release the Consultant from any liability to the City arising out of any act or omission of the Consultant in connection with this Agreement. ARTICLE 8 MISCELLANEOt1S Section 8.01: Ind.~.ndent Contractor Notwithstanding anything contained herein to the contrary, it is specifically understood and agreed that in the performance of the terms, covenants, and conditions of this Agreement, neither the Consultant nor any of its officers, directors, employees, agents, independent contractors or subcontractors shall be deemed to be 11 17 acting as agents, servants, or employees of the City by virtue of this Agreement or by virtue of any approval, permit, license, grant, right or other authorization given by the City or any of its officers, agents, or employees pursuant to this Agreement, but shall be deemed to be independent contractors performing services for the Consultant without power or authority to bind the City, and shall be deemed solely responsible for all acts taken or omitted by them in the performance of, or otherwise pursuant to, this Agreement. . Section 8.02: Indamnification (al The Consultant hereby agrees to indemnify, hold harmless and at the City's option, defend, the City of Miami Beach, a municipal corporation, its officers, agents, and employees from all claims for bodily injuries to the public and/or for all damages to the property of others, including costs of investigation, all expenses of litigation, including reasonable attorney fees and the cost of appeals arising out of any such claims or suits because of any and all acts of omission or commission o~ any by the contractor, his agents, servants, or employees, or through the mere existence of the project under contract. (bl The foregoing indemnity agreement shall apply to any and all claims and suits other than claims and suits arising out . of the sole and exclusive negligence of the City of Miami 12 18 Beach, its officers, agents, and employees, as determined by a court of competent jurisdiction. (c) The foregoing indemnification shall be insured as provided in Section 8.05. Section 8.03: Limitation of Liabilitv 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 any unpaid sums to the Consultant pursuant to this Agreement. The Consultant hereby expresses its willingness to enter into this Agreement with the Consultant recovery from the City for any damage action for breach of contract to be limited to a maximum amount equal to the amount to be disbursed to the Consultant pursuant to this Agreement, less the amount of any funds actually paid by the City to the Consultant pursuant to this Agreement. Accordingly, and notwithstanding any other term or condition of this Agreement, Consultant hereby agrees that the City shall not be liable to Consultant for damages in an amount in excess of the amount to be disbursed pursuant to this Agreement, which amount shall be reduced by the amount actually paid by the City to Consultant pursuant to this Agreement, for any action or claim for breach of contract arising out of the performance or non- 13 19 performance of any obligations imposed upon the City by this Agreement. Nothing contained in this Section or elsewhere in this Agreement is in any way intended to be a waiver of the limitation placed upon City's liability as set forth in Florida Statutes, Section 768.28. Section 8.04. Arbitration 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 matter 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. Judgement upon the award rendered may be entered into any court having jurisdiction, or application may be made to such court for an order of enforcement. Any controversy or claim other than a controversy or claim for money damages arising out of or relating to this Agreement, or the breach thereof, including any controversy or claim relating to the right to specific performance shall be settled by litigation and not arbitration. 8.05. Xn.urance 14 ~o consultant agrees to, at all times during the full duration of this Agreement. adhere to the insurance requirements as herein listed: 1. Workers' Compensation and Employers' Liability per the statutory limits of the State of Florida. 2. Commercial General Liability (occurrence form), limits of liability $1 million per occurrence for bodily injury and property damage to include Premises/Operations; Independent Contractors; Broad Form Property Damage Endorsement and Contractual Indemnity (Hold harmless endorsement exactly as written in "insurance requirements" of specifications). 3. Excess Liability - $HL& per occurrence to follow the primary coverages. 4. The City must be named as an additional insured on the liability policies; and it must be stated on the Certificate. 5. Other Insurance as indicated: Builders Risk completed value Liquor Liability ___ Fire Legal Liability Protection and Indemnity $ $ $ $ 15 21 Employee Dishonesty Bond (with the $ City of Miami Beach as Loss Payee) Other $ 6. Thirty (3D) days written cancellation notice required. 7. Best's Guide rating B+:VI or better, latest edition. 8. The City reserves the right to amend these requirements as needed. Any changes must be approved by the City'S Risk Manager Section 8.06. A..ianment Consultant shall not assign, transfer, pledge, grant any lien on, conveyor otherwise dispose of this Agreement or any part hereof, or of its interest herein or assign, by power of attorney or otherwise, any of the monies due or to become due under this Agreement, without the prior written consent of the City. Section 8,08. Notice All written notices give to Consultant by the City shall be addressed to: Tony Marino, President 12355 N.E. 13th Avenue North Miami, Florida 33161 16 22 All written notices from the Consultant to the City shall be addressed to: City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 with copies to: City Attorney's Office 1700 Convention Center Drive Miami Beach, Florida 33139 All notices mailed by either party shall be deemed to be sufficiently transmitted if sent by certified mail, return receipt requested. Section 8.09: Joint and Several Liabilitv Each of the two consultants, the Lincoln Road Partnership, Inc. and TMS, Inc., shall be jointly and severally liable for all the obligations and liabilities of Consultant under this Agreement. In Witne.. Whereof, the parties hereto have hereunto caused these presents to be signed in their names by their duly authorized officers and principals, attested by their respective witnesses on the day and year first hereinabove written. 17 23 Lincoln Road Partnership, Inc. BY Witness Witness TMS, Inc. BY Witness Witness City of Miami Beach MAYOR CITY CLERK lrptms.con:fjr FO,~~~~ED ~. By I. Date 18 ~4