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HomeMy WebLinkAbout95-21749 RESO .' .' , RESOLUTION NO. 95-21749 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING A DEVELOPMENT AGREEMENT AS AMENDED WITH THE MIAMI BEACH REDEVELOPMENT AGENCY AND PORTOFINO ENTITIES AND AUTHORIZING ITS EXECUTION. WHEREAS, on March 22, 1995 and July 26, 1995, the Mayor and City Commission approved in concept a transaction with the Miami Beach Redevelopment Agency and the Portofino Entities and authorized the City Administration and the City Attorney's Office to negotiate a Development Agreement for final Commission approval; and WHEREAS, a Development Agreement including, among other exhibits, design guidelines and an urban design master plan has been negotiated between the parties, and approved by the Commission at public hearings on September 13, 1995 and September 27, 1995; and WHEREAS, the City Administration, City Attorney's Office, and Negotiating Committee recommend the approval of the Development Agreement attached hereto as Exhibit" A" as amended by Commission Memorandum 744-95 (attached) and as amended by the negotiating team, in accord with Ordinance No, 92-2783, City Code Section 9D-l and Chapter 163.3220, et seq., Florida Statutes. 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 hereby approve the Development Agreement in the form attached hereto as Exhibit "A" as amended and the Mayor and City Clerk are hereby authorized to execute same on behalf of the City, subject to the City Administration and City Attorney's Office review and approval. PASSED and ADOPTED this 5th day of ,1995. ATTEST: kJ,~ . TY CLERK (a:jcd69S\pcmbIOS.res) ORM APPROVED Legal Dept. By ~~ Date I D. f- C; \" , . . , CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 COMMISSION MEMORANDUMNO.~ TO: Mayor Seymour Gelber and Memben of the City Commission DATE: October 5. 1995 FROM: Jose Garda-Pedrosa City Manager Murray H. Dubbin City Attorney SUBJECT: CONTINUATIO F PUBLIC REARING ON PORTOFINO NEGOTIATIONS RECOMMENDATION The Administration and Development Agreement Guidelines be approved following memorandum. City Attorney recommend that the Portofino which incorporates the Urban Design as amended by the changes described in the BACKGROUND Redevelopment Agency Memorandum 95-59 dated September 27, 1995, a copy of which is incorporated as Attachment #1, describes actions taken up until that date. At the September 27, 1995 meeting, the City Commission raised concerns regarding design guidelines regulating tower and bulk and the need for a retail development cap. As a result of these concerns, members of the Negotiating Committee and the City Administration met with a Citizens' Committee on Urban Design Guidelines on Thursday, September 28, 1995 and Sunday, October 1, 1995. Persons participating included Harry Mavrogenes, Dean Grandin, Gladys Margarita Diaz, Ed Resnick and Marla Dumas representing City Administration and/or the Negotiating Committee, and Mark Needle, Charles Schaab, Herman Rubin and Erika Brigham representing the Citizens' Committee on Urban Design Guidelines. The discussions and position of the Citizens' Committee are summarized in the attached. memorandum identified as Attachment #2. The above referenced meetings Negotiating Committee meeting on in attendance at the morning served as basis for a two-part Monday, October 2, 1995. Persons.. session included the following: f\ AGENDAITEM_R. -?l- 10- ~-C\S DATE . .. _.' I " Sergio Rodriguez, Elizabeth Plater-Zyberk, Gladys Margarita Diaz, Edward Resnick, Joseph Fleming, Dean Grandin, Marla Dumas and Sandra Schneider. Commissioner Neisen Kasdin was in attendance for the earlier part of this meeting and Commissioner Nancy Liebman was there for the later part. Persons in attendance for the afternoon session included those referenced above and the following persons representing Portofino: Heinrich Hanau, Matt Gorson, Joel Goldman, Dick Galehouse, Charles Sieger and Cathy Colonnese. The following statements summarize the amendments to the urban Design Guidelines that were agreed upon by the parties present, other than the Commissioners who were in attendance only as observers to the sessions. Two distinct building types were identified: towers and mid-rises. Tower Guidelines: . Pedestal of no more than 50 feet in height . Above the pedestal the setback of the structure is at a 45 degree angle up to a height of 100 feet - maximum floor plate 45,000 square feet . Floor plates above 100 feet are limited to an average floor area of 17,000 square feet but cannot exceed 20% above the average floor plate or a floor area of 20,000 square feet, whichever is less Mid-rise Guidelines: . Pedestal of no more than 50 feet in height . Above the pedestal the setback of the structure is at a 45 degree angle up to a maximum height of 12 stories or 132 feet. The following exceptions were identified: . Goodman Terrace - on the north fifty feet of the site the height shall be limited to 50 feet for the pedestal with a 45 degree angle setback up to a maximum of 75 feet. The remainder of the Goodman Terrace site is .. ' subject to the tower or mid-rise guidelines as described herein. . Towers or portions of towers with a 100 feet width or less fronting on streets, baywalk or plazas may setback 25 feet. . No setback requirement adjacent to the Federal Triangle parcel. In regard to the proposal for the northern portion of SSDI South, the Urban Design Guidelines as amended by this memorandum must be followed. The current design has the tower setback at 25 feet; the revised setback to at least 50 feet may result in a reduction of 25 to 35 parking spaces in the alloted 150 spaces for the Marina/public use. The Administration and Legal Department have developed a tentative agreement with Portofino and the Marina operators to resolve this issue. The City will reduce the payment to Portofino by $10,000 for each parking space not being provided on the site. The Marina operator will be compensated by this same amount of money per parking space, if the City cannot locate alternate sites to meet the parking shortfall. Concerning a cap on retail development, the City Administration recommends it be established at 20%. ANALYSIS A series of memoranda and reports that have been prepared are attached to this memorandum and described below: 1) Letter To Commission No. 119-95 dated October 3, 1995, a copy of which is enclosed as Attachment #3, is. an analysis of the Proposed Urban Design Guidelines - Version 3, dated October 2, 1995. 2) Attachment #4 is an analysis of the Urban Design Master Plan and Urban Design Guidelines prepared by Dean J. Grandin, Director of Planning and Zoning Division, dated October 2, 1995. This memorandum summarizes the significant planning features and public amenities and design guidelines that will be provided by the Portofino Development Agreement. 3) In addition to this summary, an analysis of floor area and , , - setbacks was prepared by Dean Grandin and a copy of this report is enclosed as Attachment #5. 4) Also, Attachment #6 is a memo from Dean Grandin describing the Development Review Process for Portofino Development Projects. CONCLUSION The Administration and City Attorney recommend that the Development Agreement, including the Urban Design Guidelines as amended by this Memorandum, be approved by the City Commission and that the Mayor and City Clerk be authorized to execute said documents. JGP:MSD:jm Enclosures 6737559 P.e02/00i 1 c'., ; . I I, ':<14 J .. 1.-;- j'J li~~l V' ~'Ie,,-- ~ ~!i i ii , ~ i\ ~ L ~I ! ~ j ,I ~ , it I I,; ( !! i j !i i ;1 Ii AttlIched please fwd a ~l\ltion passed UIllU1iJnously at Oil!' De81gn Review ~ Di~ of JanUllIy 9. 1996, This resolptlon tlxpteSSCs our collc@vel;011cer.n as Board membersjofth~lneg8live impact the PQrtoiillo DeV~lopment Agreement and its Design Guidelines will haye o~ Itho built charllcter of the South PoiIite area and Miami Beach llU whole. ] f i .j 1: :1 ~I ~ ~l J " I' Ii · Ii, r~/ril1b 1 . ~'V j " i Ii ~{!l' j f; (I; I i {I'\' ;', I I! i)fj'- ii I V-'J r I' ,.:. {l..~' ii ,,\ '\JoN' .1' j ~ \\J. '! \ I I I '.>\'!N-1I3:"1996 15: 01 FROM PLi=WING S. za.lING STREI"M..I NE PRoPERTi E'S Fax:~(.)(:>;)~ TO: ; Mayor Seymour Gelber and Members oflhe City Commission FROM: , SallI Gross;'ClWrperson Design Review Board SKG- DATE: IlltJuary 1611996 RE; I Portofino Development Agreement ! SG:ml co; J Jose Garcia-Pedrosa, City Manager Seriio Rodri~ez, Deputy City Manager Harry Mavro&enes~Asslstant City Manager Muuay Dubbin, City Attorney J OM Dellasloria. Deputy City Attorney ...", ' Robert Patther. City Cletk . Dean J, Grandin, Pf;uullng & Zoning Dircctor MlUla Dumas, Red&ivelopmellt Coordinator I i . P,/~ w/~. .2/7'1'9 TO ..........., ...... . 1)/ .. , . ! (,! . " r \1 II ~ ! "1' , ~ ~ \...... j 1 il ! I " I " ii ~ \ j: i' Ii I, I: :' .:f'IN-l'9-1996 14: is FROM PLANNI~ S. 20NlNE " t' STREAMLINE PROPERTIES F"ax:3056737:;"~ ......,....,..... TO JdJ I LO :?oJ A RESpLUTION OF THE DESXGN REVIEW BOARD , P,002/002' 6737559 j j l ~ , , I ] i; j i. ,. i " ;! i " J :; l! :! II ~ , ,. ; I il : .j .: The City Commission is hereby advised that the motion for lI~ro,?l of the YllCh~ Cl~l(lf South Bellch, on the ssm prop~, was baud upon mandate$ proVIded In the Portofin+ De~blopment Agxeement. The Design Review Bolll:d has concluded that a master plw doe$ not etast r# this site or other sites covered by thl! Development Agreement; what \!Xists, instead, is II sitqn.an~ pse pIAn. We believe that if said si~and use plan 1$ to be considered $oS l\ master plan, the City could ultlmlltely have a continuous 50 ft. high pedesta1 wall with 20 ft. wide gap$. exclusi~ of~e plnw, with towers sitting atop, ~s would cJlCircle South PQinte along the entire west~ sid6iof Alton Road and the so\ltbern side!ofBlscayne Street. We do not believe thAt this is in theFst \~terest of the City of MiOlDI Beach epd a t1:Ue master plan is needed to govern development With~Fhe areas subject to the Developmen~Agrec:ment. ~ i; . J ; PASSED AND ADOPTED tlnRViJ110usly 6-0, this 9th day of January, 1996. :1 I ! ATTEST: S~~) SAUL GROSS. CHAlRPERSO 1 i j J .1 j l I j ~ i 1 I 'I 1 .j , il I I / " .' ~; 'I " ,. " 11 ii ~! li il I' },1 ~j ;; ;: ~l , ~j " ~! ji ,; JI ,:i .' j! 1; r97. . . / TO Company Fax Number Phone Number FROM Phone Number File Number Comments Date Time No. Pages 12: 14 6TH RERl ESTRTE 7 305 673 '70~2 , ~~ff~I[~~ ATT01lNZY9 AT \.o""W r~~~~I~ Transmittal Cover Sbeet Murray Dubbin City of Miami Beach 673-7002 673-7470 Matthew B. Gorson (305) 579-0777 15039.033700 July 10. 1997 11:46 AM Including this cover sheet /5" U/'v-t Please notifY us immediately if not received properly at 305-579-0500. Nb.259 (;1001 . ~~MI H/h-.. - Tn, Informallan eonlulned In \!lis transmission Is aIIcmey privileged and conftdontiel. ft Is intended only for the use of the Indl'iidual or entity nemod ebove. If the _or of tnl. m.....s. 10 not the Inblnded reclplent, you are heroby noUII8d tho! any dissemination. dJalr1bution or copy of this communication Is strictly prohlb~e<l. If you _ re.,lvlld this cornmunicaflon in error, please notify Lnllmmedlately by telephone collect and relum the original message to us at the addres& below villi tM U.S. POGtaI So",lco. We will reimburse you for your pootege. Thank you. 1221 BrlckoU Avenue, Miond, FlorIda 33131 3G&179~&GG Fax 3G&-579.o717 07/10<97 . 12:14 . ' 6TH REAL ESTATE ~ 306 673 70~2 NO.2:;:;' [;l02 " , ESCROW AGRJ:F.MENT (S8DI NORm PARCEL) THIS AGREEMENT (the" Agreement") is entered into by and between The Miami Beach Redevelopment Agency, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part III, Florida Statutes, as amended (the "Transferor''), West Side Partners, Ltd.; a Florida limited partnership (the "Transferee"), and Chicago Title Insuram;e Company (the "Escrow Agent"). ~1I1[ES.S.EIH: WHEREAS, Transferor, Transferee and others have entered into that certain Agreement dated November 7,1995 and recorded in Official Records Book 16987, Page 1197 of the Public Records of Dade County. Florida (the "Development Agreement''); WHEREAS, pursuant to the terms and provisiollS of Paragraph 5.3(t)(i) of the Development Agreement, the Transferor is required to execute and deliver to the Escrow Agent a Special Warranty Deed (the "Special Warranty Deed'') in the form attached hereto as Exhihit A and made a part hereof for the property more particularly described in F;dtibit B attached hereto and made a part hereof (the "ssm North Parcel"); and WHEREAS, the parties hereto wish to set forth the terms and conditiollS under which the Escrow Agent will hold and disburse the Special Wananty Deed. NOW, TIIEREFORE, in consideration of the sum ofTen Dollars ($10.00) paid pursuant to the Development Agreement and other good and valuable consideration, the receipt and sufficiency ofwbich are hereby acknowledged, the parties hereto agree as follows: 1. The parties hereto agree that the foregoing recitals are 1n1e and correct, and are hereby incoIporated as if fully set forth herein. All capitalized tenns used herein and not otherwise defined shall have the meanings ascribed to such terms in the Development Agreement. 2. The Transferor and the Transferee hereby appoint and designate the Escrow Agent as the escrow agent for the puxposes set forth herein, and the Escrow Agent hereby accepts such appointment. The Escrow Agent agrees to hold the Special Wananty Deed in escrow pursuant to the terms of this Agreement. Transferor and Transferee hereby instrUct the Escrow Agent, upon receipt of a revised Exhibit B acceptable to the Transferor and Transferee to substitute said exhibit for the Exhibit Q. attached to the Special Warranty Deed. 3. Transferor and Transferee hereby instruct the Escrow Agent to release the Special Warranty Deed from escrow and record the Special Warranty Deed among the PubUc Records of Dade County. Florida upon receipt of written notiee from the Transferee (with a copy to the Transferor) advising the Escrow Agent that (1) the required Final Approvals have not been timely obtained and all other matters condition precedent to the delivery of the Special Warranty Deed. including, without limitation, the conditions precedent set forth below, have been satisfied, (ii) the Transferee bas executed and upon recordation of the Special Warranty Deed will deliver to 07/10'-;'37 . 12: 14 6TH REAL ESTATE ~ 305 ~73 R002 NO. 255. D0] ... the City of Miami Beach, a Florida municipal corporation (the "City of Miami Beach") a satisfaction oCthe Judgments and Mortgage, (ill) the Transferee has executed and upon recordation of the Special Warranty Deed will deliver to the City of Miami Beacl1 the appropriate access and baywalk easements required pursuant to the development agreement dated as of April 17,1986 and recorded in Official Records Book 12873, Page 2612 of the Public Records of Dade County, Florida, and (iv) Transferee bas executed and will deliver to the City of Miami Beach and Transferor upon recordation of the Special Warranty Deed a lease for the SSDI North Parcel, as required pursuant to Paragraph 5.3(f) of the Development Agreement, provided that the Escrow Agent has not received written notice of Transferor's objection to the recording of the Special Warranty Deed within three (3) business days s.fter receipt toTransferee's notice ("Transferor's Objection Period''). If Transferor obj~ts within Transferor's Objection Period, Eserow Agent shall promptly provide a copy of such objection to the Transferee and continue holding the Special Warranty Deed in accordance with Paragraph 8 of this Agreement. If Transferor does not object within Transferor's Objection Period, Transferor shall promptly deliver to the Escrow Agent the monies required to record the Special Warranty Deed, including the appropriate documentary stamp taxes and Dade County surtax. 4. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. 5. The Escrow Agent may act in reliance upon any writing or instrument or signature which it believes to be genuine, may assume the validity and accuracy of any statements or assertions contained in such writing or instrument, and may assume that any person purporting to give any writing, notice, advice or instruction in connection with the provisions hereof has been duly authorized to do so. The Escrow Agent shall not be liable in any manner for the sufficiency or correctness as to form, manner of execution or validity of any written instructions delivered to it, nor as to the identity, authority or rights of any person executing the same. The duties of the Escrow Agent hereunder shall be limited to the safekeeping of the Special Warranty Deed and recordation oflhe Special Warranty Deed. Upon the Escrow Agent recording the Special Wananty Deed in accordance with the provisions hereof, the escrow shall terminate, and Escrow Agent shall thereafter be released and relieved of all liability hereunder. 6. The Eserow Agent shall not be liable for any mistakes offact or errors of judgment, or for any acts or omissions of any kind, or for any mistake of fact or law, unless caused by its negligence or willful misconduct 7. The Transferor and the Transferee hereby agree, jointly and severally, to indemnify and hold the Escrow Agent harmless from any and all claims, demands, causes of action, liabilities, damages and judgments, including the cost of defending any action against it, together with any reasonable attorneys' fees incurred therewith, or any other expenses. fees, or charges of any character or nature, in connection with Escrow Agent's undertaking pursuant to the terms and conditions of this Agreement, unless resulting from the negligence or willful misconduct of the Escrow Agent. 2 07/10~97 12:14 . ' GTH RERL ESTRTE ~ 305 673 ~0~2 N~. 255. i:l0i1 . ,." 8. In the event of any disagreement regarding the interpretation of this Agreement, or the rights and obligations of the Transferor or the Transferee, or the propriety of any action contemplated to be taken by the Escrow Agent hereunder, the Escrow Agent may, in its sole discretion, continue to hold the Special Warranty Deed until such time as the Transferee and the Transferor mutually agree upon the disbursement thereof, or file an action in interpleader to resolve such disagreement. The Escrow.Agent sl1all be indemnified for all costs, including reasonable attorneys' fees from the party found at fault by the court, in connection with the aforementioned intetpleader action, and shall be fully protected in suspending all or a part of its activities under this Agreement until a final judgment in the interpleader action i~ received. 9. If at any time during any period the Special Wananty Deed is held hereunder, the Escrow Agent shall desire to resign, such resignation shall be permitted only if a successor escrow agent assumes all obligations of the Escrow Agent hereunder, which successor escrow agent shall be a national title insurance company having trust powers in the State of Florida, or other entity acceptable to both Transferor and Transferee. Notwithstanding the foregoing, if a successor escrow agent is not appointed within a thirty (30) day period after said resignation, the Escrow Agent may deposit the Special Warranty Deed in a coun of competent jurisdiction. 10. All notices and conununications hereunder between the Transferor or the Transferee and the Escrow Agent shall be to such party at the address of such party set forth below and mailed registered or certified mail, return receipt requested, with sufficient postage paid, or overnight delivery service, or by personal delivery, and shall be deemed given on the earliest to occur of (i) receipt thereof (ii) the third day after deposit in the United States Postal Service with sufficient postage affixed or such other delivery services, or (Hi) the day following the delivery to such overnight delivery service. The addresses of the parties are as follows: FOR THE TRANSFEROR: 1700 Convention Center Drive Miami Beach, FL 33139 Attn: City Manager with a copy to: 1700 Convention Center Drive MiamiBeach,FL 33139 Attn: City Attorney FOR THE TRANSFEREE: 446 Collins Avenue Miami Beach, FL 33139 Attn: Heinrich Hanau with copies to: Greenberg, Traurig, Hoffinan, & Lipoff, Rosen & Quentel, PA 1221 Brickell Avenue Miami, FL 33131 Attn: Matthew B. Gorson, Esq. ~ 07/10--:97 12: 14 GTH REAL ESTATE ~ 306 673 ~002 NO. 255. 005 . . '.... FOR THE ESCROW AGENT: r.h......ag~ "....,.la T"'e1n""aftl'ldo "'''''''pany 500 w. Cvor~8S Creek Road. Suice 100 Fort Lauderdale, FL 33309 ATTN: Jim Harvey 11. The rights j:reated by this Agreement shall inure to the benefit of. and the obligations created hereby shall be binding upon, the successors and assigns of each of the parties hereto. 12. Except for the terms and provisions of the Development Agreement, thi~ Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and llITangements, both oral and written, between the parties with respect thereto. nus Agreement may not be amended, altered or modified eltcept by an instrument in writing signed by the party against whom enforcement is sought. Any disputes relating to this Agreement shall be resolved in accordance with the provisions of Section 9.7 of the Development Agreement. 13. This Agreement may be executed in any nwnber of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 14. This Agreement shall be governed by, and constrUed and enforced in accordance with the laws of the State of Florida. All of the parties to this Agreement have participated fully in the negotiation and preparation hereof, and, accordingly, this Agreement sha;ll not be more strictly construed against anyone of the parties hereto. In construing this Agreement, the singular shall be held to include the plural, the plural shall be held to include the singular and the use of any gender shall be held to include every other gender. IS. In the event any term or provision of this Agreement shall be determined by 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 in full force and effect. 16. In the event of any litigation between the parties under this Agreement, the prevailing party shall be entitled to reasonable attorney's fees and court .costs at all trial and appellate levels. IN WI1NESS WHEREOF, the parties have executed this Agreement this..I.!L- day of January, 1996. 4 07/10-:'37 . ,. ..' 12:14 GTH REAL ESTATE ~ 305 573 R002 el/1~9G 12:12 ~t~Nd~~~ IKH~~I~ ,.'--", . ~ IN WI1"NESS WHEREOF I the parties have executed this Agreement this -12.. day of Janulll'Y, 1996. Signed. seal~ llIld dellv~ed in the presence of: . t'~ Name. . 'E J...!e A v ..s J;J~~,.:k, NlUUe: 001l.D 'f "'L:tl A-~"'!: Nlll1lCl: Name: MlA9Slatt7l0l.\ TRANSFEROR: nre MIAMI BEACH REDEVELOPMENT AGENCY, a public atlcncy organized and elCistins pursu tho Community Redevelopment Act of 1969 endo4, Chap 3, Part III, Florida Sla es Attest: 0 Sec~UQyRobert Parcher TRANSFBREE; WEST SIDB r A~1NERS, L TO., a Florida limited partnership By; WEST SIDE PMTNBRS, INC., a Florida corp~~encral Partn~ B)':~~ - Name: ~AelL.lt' ftA1...'lk1A Title: VICE. ft'r-:~Il?~r [Corporate Seal} ESCROW AGENT: CHICAGO TITLE INSURANCE COMPANY ~fffi.~~ ~ Title: Ar;:;~ T: eRr. CA oj rJ.s~ '- NO. 255' "'1:1< D06 Agency 07/10/'97 12:14 , .' MlA9SIO/17I08.\ GTH REAL ESTATE ~ 305 '73 R0~2 ..... EXHIBIT A Speeial W8lTlln\y Deed (Form) ssm North Parcel NO. 255. Gl07 .-"\ J 07/'10{'37 12: 14 I .... 6TH REAL ESTATE ~ 305 S73 ~002 NO. 255' GlElS ',", , .....,. This instrument prepared by: Murny H. Dubbin, Esq. City Allorlley City or Miami Beach 1700 Convention Center Drive Miami Beach, FL 33139 Pareelldenlilicatlon No. SPECIAL W ARRANTV DEED (SSm North Parcel) This SPECIAL WARRANTY DEED, made thi, _ day of .199_ by and bel'M!en The Miami Beach Redevelopment Agency, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part III. Florida Statutes, as amended (the "Grantor"), and West Side Partners, Ltd., a Florida limited partnership (the "Grantee"), the Grantee having a mailing address at 446 Collins A venue, Miami Beach, Florida 33139, whose taxpayer identification number is WITNESSETH: That the Grantor, for and in consideration of the sum ofTEN DOLLARS ($10.00) and other good and valuable consideration, in hand paid by the Grantee, the receipt, sufficiency and adequacy whereof are hereby acknowledged, has granted, bargained and sold and hereby grants, bargains and sells to the Grantee, its successors and assigns forever, that certain parcel of land which is located in the COWlty of Dade, State of Florida, and more particularly described on Exhibit}. attached hereto and made a part hereof (the "Real Property~), together with all the buildings, structures, improvements, fixtures, machinery and equipment situated therein or thereon and together with all and singular the easements, tenements, hereditaments, appurtenances and other rights and privileges thereunto belonging or otherwise now or hereafter appertaining thereto, including all strips and gores ofland lying adjacent to the Real Property and owned by the Grantor; provided, however, Grantor hereby reserves in perpetuity any existing public rights-of-way and any and all riparian rights regarding the Real Property. SUBJECT TO THE FOLLOWING: I. Taxes for the year 199_ and all subsequent years, which are not yet due and payable. 2. Those certain matters set forth on Exhihit B attached hereto and made a part hereof. 3. Applicable zoning ordinances and regulations affecting the Real Property. TO HAVE AND TO HOLD the same in fee simple forever. AND the Grantor hereby covenants with the Grantee that the Grantor is lawfully seized of the Real Property in fee simple; that the Grantor has good right and lawfill authority to sell and convey the Real Property; that the Grantor hereby fully warrants the title to the Real Property, and will defend the same against the lawful claims of all persons claiming by, through or under the Grantor aJ:Id none other. . 07/10{97 , .' 12:14 GTH REAL ESTATE 7 305 ~73.7002 NO. 255. 1><\9 , IN WITIlESS WHEREOF, the Grantor has executed this Special WlIm1Dty Deed on the date and year first above written. GRANTOR: Signed, sealed and delivered in the presence of: THE MIAMI BEACH REDEVELOPMENT AGENCY, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part 111, Florida Slatutes, as amended Name: By: Name: Title: Name: Attest: Secretary: Grantor's Address: 1700 Convention Center Dr. Miami Beach, Florida 33139 Attention: City Manager STATE OF FLORIDA) COUNTY OF DADE ) I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared . the of The Miami Beach Redevelopment Agency, II Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part D!, Florida Statutes, as amended, who executed the foregoing instrument on behalf of said agency and who acknowledged to and before me that he did so voluntarily and for the purposes set fonh herein, and who is personally known to me or produced . lIS identification. of WITNESS my hand and official seal in the County and Stale IllSt aforesaid this ,199_. day Notary Public, Stale of Florida Name: Commission No. (Seal) My commission expires: MlA9Sl0l18411-1 2 0?/10~~? 12:14 - . GTH RERL ESTRTE ~ 305 ~?3'?~e2 ~ EXHIlJlT A ssm NOBIH ~ARCEL LEGAT. DRSCRIPTJON Lots 30 through 42 inclusive, in Bloclc Ill, of OCEAN BEACH FLORIDA ADDITION NO.3, according to the Plat thereof, recorded in Plat Book 2, Page 81, ofthe Public Records of Dade County, Florida, together with the accretions thereto. AND Lots 43, 44, 45, 46, 47, 48A. 49B, and SOC ofDADE COUNTY PROPERTY, according to the Amended Plat of LotS 43 to SO inclusive, in Blotk 111, of OCEAN BEACH FLORlDA ADDITION NO.3, as recorded in Plat Book 14, Page 70, of the Public Records of Dade County, Florida, together with the accretions thereto. NO. 255' (;11'0 07/10/097 12:14 , ,. ~. 6TH REAL ESTATE ~ 305 @?3 ~002 . -. NO.25S' [;Ill " EXHIBIT B PERMITTED F.XCEPTlONS The Grantor and Grantee agree that the matters to be set forth in this exhibit will be agreed to by the parties upon receipt from Chicago Title Insurance Company of a title commitment for the Real Property; provided, howevr-r, the matters set forth in this exhibit will confonn to the title standards set forth in Section 5.3(t)(i) of the Development Agreement. MIA9S10118418.1 07/10,97 12:14 " .. GTH RERL ESTRTE ~ 305 ~3.7002 , NO.25S Gl12 ...", nis instrvmenl prepared by: Murray II. Dubbin, Esq. City Attorney City of Miami Beach 1700 Coaveatloll Ceater Drive Miami Beacb. FL 33139 Pareelldealineation No. SPECIAl. WARRANTYDEF.D (SSDl North Parcel) This SPECIAL WARRANTY DEED, made this _ day of , 199-0 by and between The Miami Beach Redevelopment Agency, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Pan III, Florida Statutes, as amended (the "Grantor"), and West Side Partners, Ltd., a Florida limited partnership (the "Grantee"), the Grantee Itaving a mailing address at 446 Collins Avenue, Miami Beach, Florida 33139, wltose taxpayer identification number is WITNESSETH: That the Grantor, for and in consideration of the sum ofTEN DOLLARS (510.00) and other good and valuable consideration, in hand paid by the Grantee, the receipt, sufficiency and adequacy whereof are hereby acknowledged; has granted, bargained and sold and hereby grants. bargains and selIs to the Grantee, its successors and assigns forever, that cenain parcel of land which is located in the County of Dade, State of Florida, and more particularly described on Exhibit A attached hereto and made a part hereof (the "Real Property"), together ....ith allthe buildings, Stnlcrures, improvements. fixtures, machinery and equipment situated therein or thereon and together with all and singular the easements. tenements, hereditaments, appurtenances and other rights and privileges thereunto belonging or otherwise now or hereafter appertaining thereto, including all strips and gores of land lying adjacent to the Real Property and owned by the Grantor; provided. however, Grantor hereby reserves in perpetuity any existing public rights-of-way and any and all riparian rights regarding the Real Property. SUBJECT TO THE FOLLOWING: 1. Taxes for the year 199_ and all subsequent years, which are not yet due and payable. 2. Those certain matters set fonh on Exhibit B attached hereto and made a part hereof. 3. Applicable zoning ordinances and regulations affecting the Real Property. TO HAVE AND TO HOLD the same in fee simple forever, AND the Grantor hereby covenants with the Grantee that the Grantor is lawfully seized of the Real Property in fee simple; that the Grantor has good right and lawful authority to sell and convey the Real Property; that the Grantor hereby fully warrants the title to the Real Property. and will defend the same against the lawful claims of all persons claiming by, through or under the Gl'3lltor and none other. 07/10/97 12:14 - .t.... 5TH REAL ESTATE ~ 3~S ~73-7002 . -. NO. 255' [;In o IN WllNESS WHEREOF. the Grantor has executed this Special Wamnty Deed on the date and year first above written. GRANTOR: Signed. seilled and delivered in the presence of: THE MIAMI BEACH REDEVELOPMENT AGENCY, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 969, Chapter [ Part III, Florida Statutes, as amen ed nt Agency ~d~t1 ~~ Name: ---.J~ ~~ 1 4:n~:~~)~,(!:.fJJ:!td; Attest: ~c, bd V~Ad./..L;\ Secretary: Robert Parcher Grantor's Address: 1700 Convention Center Dr. Miami Beach, Florida 33139 Attention: City Manager STATE OF FLORIDA) COUNTY OF DADE ) I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Spymour Gelber, the Chainnan of The Miami Beach Redevelopment Agency, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part III. Florida Statutes, as amended, who executed the foregoing instIUmenton behalf of said agency and who acknowledged to and before me that he did so voluntarily and for the p\lIiloses set forth herein, and who is personally known to me or produced as identification. ~w;;:;:s my hand and officiill seal in the County and State last aforesaid this.Jq_+i!. day o , 199.k..... . ~~ tllI)' Public, State of Florida Name: Janine Mi1;nsk1 Commission No. (Seal) My commission expires: MIA9SI0I18418.1 y F JANlNE Ml1JNSta NarARoY l'\.IBUC STAn OF n.DlIDA COMMISSION NO. CC449380 . \IYCO"Ml5SlorHXP_MA~_79.1~, .. 2 07/10{97 12: 14 . "- .... 6TH RERL ESTRTE ~ 3~S~73.7002 ", '-, EXmBIT A ssm NORTH PARCEL I.EGAL I)F.SCRlPTION Lots 30 through 42 inclusive, in Block Ill, of OCEAN BEACH FLORIDA ADDITION NO.3, according to the Pial thereof, recorded in Plat Book 2, Page 81. ofthc Public Records of Dade County, Florida, together with the accretions thereto, AND Lots 43, 44, 45, 46, 47, 48A, 49B, and 50C ofDADE COUNTY PROPERTY, according to the Amended Plat of Lots 43 to 50 inclusive, in Block 111, of OCEAN BEACH FLORIDA ADDITION NO.3, as recorded in Plat Book 14. Page 70, ofthe Public Records of Dade County, Florida, together with the accretions thereto. - < 1'10. 25~ Gl14 07/10/97 12: 14 .. "" - ~ GTH REAL ESTATE.. 3(;l5 -!;73. 7002 - . 1'40.2550 ,~S ....~. '..... l EXHlBIT B PERMITTED EXCEPTIONS The Grantor and Grantee agree that the matters to be set forth in this exhibit will be agreed to by the parties upon receipt from Chicago Title Insurance Company of a title commitment for the Real Property; provided, however, the matters set forth in this exhibit will confonn to the title standards set forth in Section S.3(f)(i) of the Development Agreement. MIA9510/18418-1