HomeMy WebLinkAbout2001-24540 RESO
RESOLUTION NO. 2001-24540
A RESOLUTION OF THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA,
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE A SUPPLEMENTAL PARKING AGREEMENT
AND A REVOCABLE LICENSE AGREEMENT AMONG
MURANO TWO, LTD., A FLORIDA LIMITED
PARTNERSHIP, MURANO THREE, LTD., A FLORIDA
LIMITED PARTNERSHIP, SUN & FUN, INC., A FLORIDA
CORPORATION, BEACHW ALK DEVELOPMENT
CORPORATION, A FLORIDA CORPORATION, AZURE
COAST DEVELOPMENT, LTD., A FLORIDA LIMITED
PARTNERSHIP, EAST COASTLINE DEVELOPMENT, LTD.,
A FLORIDA LIMITED PARTNERSHIP, AND SANDPOINT
FINANCIAL, LTD., A FLORIDA LIMITED PARTNERSHIP;
THE CITY OF MIAMI BEACH, FLORIDA, THE MIAMI
BEACH REDEVELOPMENT AGENCY, AND MIAMI BEACH
MARINA ASSOCIATES, LTD., A FLORIDA LIMITED
PARTNERSHIP, AND AN AMENDED AND RESTATED
PARKING SUBLICENSE AMONG THE CITY OF MIAMI
BEACH, THE CITY OF MIAMI BEACH REDEVELOPMENT
AGENCY AND MIAMI BEACH MARINA ASSOCIATES,
LTD.; AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A DECLARATION OF RESTRICTIVE
COVENANTS IN LIEU OF UNITY OF TITLE WITH
RESPECT TO THE FEDERAL TRIANGLE PARCEL IN
ORDER TO PROVIDE FOR THE UNITY OF TITLE
REQUIRED TO SUBMIT AN APPLICATION TO THE
PLANNING BOARD FOR APPROVAL OF THE PROPOSED
VEHICULAR AND PEDESTRIAN INGRESS AND EGRESS
TO THE ALASKA PARCEL FOR REPLACEMENT PARKING
FOR THE MIAMI BEACH MARINA.
WHEREAS, in connection with the actions taken by the Miami Beach Redevelopment
Agency pursuant to Redevelopment Agency Memorandum No. 01-39 on the date hereof, it is
necessary and desirable for the Mayor and City Commission to approve the execution of a
Declaration of Restrictive Covenants in Lieu of Unity of Title with respect to the Federal Triangle
Parcel in order to provide for the unity of title required to submit an application to the Planning
Board for approval ofthe proposed vehicular and pedestrian ingress and egress to the Alaska Parcel
for replacement parking for the Miami Beach Marina and to also approve execution of a
Supplemental Parking Agreement And a Revocable License Agreement Among Murano Two, Ltd"
T,\AGENDA\2.001\JULl801\REGutAR\UNITY OF TITLE RESOLUTlON.WPD
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a Florida Limited Partnership, Murano Three, Ltd., a Florida Limited Partnership, Sun & Fun, Inc.,
a Florida Corporation, Beachwalk Development Corporation, a Florida Corporation, Azure Coast
Development, Ltd., a Florida Limited Partnership, East Coastline Development, Ltd., a Florida
Limited Partnership, and Sandpoint Financial, Ltd., a Florida Limited Partnership; the City of Miami
Beach, Florida, the Miami Beach Redevelopment Agency, and Miami Beach Marina Associates,
Ltd" a Florida Limited Partnership, and an Amended And Restated Parking Sublicense among the
City of Miami Beach, the City of Miami Beach Redevelopment Agency and Miami Beach Marina
Associates, Ltd.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, that the Mayor and City Clerk are hereby
authorized to execute a Supplemental Parking Agreement and a Revocable License Agreement
among Murano Two, Ltd" a Florida Limited Partnership, Murano Three, Ltd., a Florida Limited
Partnership, Sun & Fun, Inc., a Florida Corporation, Beachwalk Development Corporation, a Florida
Corporation, Azure Coast Development, Ltd., a Florida Limited Partnership, East Coastline
Development, Ltd., a Florida Limited Partnership, and Sandpoint Financial, Ltd" a Florida Limited
Partnership; the City of Miami Beach, Florida, the Miami Beach Redevelopment Agency, and Miami
Beach Marina Associates, Ltd., a Florida Limited Partnership, and an Amended and Restated
Parking Sublicense among the City of Miami Beach, the City of Miami Beach Redevelopment
Agency and Miami Beach Marina Associates, Ltd.; and authorizing the Mayor and City Clerk to
execute a Declaration of Restrictive Covenants in Lieu of Unity of Title with respect to the Federal
Triangle Parcel in order to provide for the Unity of Title required to submit an application to the
Planning Board for approval of the proposed vehicular and pedestrian ingress and egress to the
Alaska Parcel for replacement parking for the Miami Beach Marina.
Passed and adopted this 18th day of July ,2001.
I
MAYOR
ATTEST:
~dP~
CITY CLERK.
CIlr
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CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIOA 33139
http:\\ci.miami-beach.f1.us
TO:
FROM:
SUBJECT:
COMMISSION MEMORANDUM NO. 50(, -0 I
Mayor Neisen O. Kasdin and
Members of the City Commission
Jorge M. Gonzalez~
City Manager Il...
DATE: July 18, 2001
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF
THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE A SUPPLEMENTAL
PARJaNG AGREEMENT AND A REVOCABLE LICENSE
AGREEMENT AMONG MURANO TWO, LTD., A FLORIDA
LIMITED PARTNERSHIP, MURANO THREE, LTD., A
FLORIDA LIMITED PARTNERSHIP, SUN & FUN, INC., A
FLORIDA CORPORATION, BEACHWALK DEVELOPMENT
CORPORATION, A FLORIDA CORPORATION, AZURE COAST
DEVELOPMENT, LTD., A FLORIDA LIMITED PARTNERSHIP,
EAST COASTLINE DEVELOPMENT, LTD., A FLORIDA
LIMITED PARTNERSHIP, AND SANDPOINT FINANCIAL,
LTD., A FLORIDA LIMITED PARTNERSHIP; THE CITY OF
MIAMI BEACH, FLORIDA, THE MIAMI BEACH
REDEVELOPMENT AGENCY, AND MIAMI BEACH MARINA
ASSOCIATES, LTD., A FLORIDA LIMITED PARTNERSHIP,
AND AN AMENDED AND RESTATED PARKING SUBLICENSE
AMONG THE CITY OF MIAMI BEACH, THE CITY OF MIAMI
BEACH REDEVELOPMENT AGENCY AND MIAMI BEACH
MARINA ASSOCIATES, LTD.; FURTHER AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE A DECLARATION
OF RESTRICTIVE COVENANTS IN LIEU OF UNITY OF TITLE
WITH RESPECT TO THE FEDERAL TRIANGLE PARCEL IN
ORDER TO PROVIDE FOR THE UNITY OF TITLE REQUIRED
TO SUBMIT AN APPLICATION TO THE PLANNING BOARD
FOR APPROVAL OF THE PROPOSED VEHICULAR AND
PEDESTRIAN INGRESS AND EGRESS TO THE ALASKA
PARCEL FOR REPLACEMENT PARKING FOR THE MIAMI
BEACH MARINA.
RECOMMENDATION:
Adopt the Resolution.
AGENDA ITEM --.R15
DATE /-{K-(J'
July 18, 2001
Commission Memorandum
Environmental Remediation Costs for SSD1-North
Page 2
ANALYSIS:
In connection with the actions taken by the Miami Beach Redevelopment Agency pursuant to
Redevelopment Agency Memorandum No. 01-39 on the date hereof, it is necessary and desirable
for the Mayor and City Commission to approve the execution of a Supplemental Parking
Agreement And a Revocable License Agreement Among Murano Two, Ltd., a Florida Limited
Partnership, Murano Three, Ltd., a Florida Limited Partnership, Sun & Fun, Inc., a Florida
Corporation, Beachwalk Development Corporation, a Florida Corporation, Azure Coast
Development, Ltd., a Florida Limited Partnership, East Coastline Development, Ltd" a Florida
Limited Partnership, and Sandpoint Financial, Ltd., a Florida Limited Partnership; the City of
Miami Beach, Florida, the Miami Beach Redevelopment Agency, and Miami Beach Marina
Associates, Ltd" a Florida Limited Partnership, and an Amended And Restated Parking
Sublicense among the City of Miami Beach, the City of Miami Beach Redevelopment Agency
and Miami Beach Marina Associates, Ltd.; further authorizing the Mayor and City Clerk to
execute a Declaration of Restrictive Covenants in Lieu of Unity of Title with respect to the
Federal Triangle Parcel in order to provide for the unity oftitle required to submit an application
to the Planning Board for approval of the proposed vehicular and pedestrian ingress and egress
to the Alaska Parcel for replacement parking for the Miami Beach Marina.
In November 1995, the City of Miami Beach, the Miami Beach Redevelopment Agency and the
Porto fino Group entered into a Development Agreement which was terminated in June 1997. In
October ]998, the parties entered into a Settlement Agreement that transferred the deed to SSDI-
North (which was held in escrow) to West Side Partners, Limited and sets forth the obligations
of the parties with respect to the Development ofSSDI-North and SSDI-South parcels.
As part of the Settlement Agreement between the City of Miami Beach, the Miami Beach
Redevelopment Agency and West Side Partners Limited, it was contemplated that West Side
Partners would develop the SSDI-North parcel in two stages, The Developer, The Related
Companies (TRG), which is purchasing the property from West Side Partners, has provided
notice that it intends to develop SSDI-North parcel and anticipates commencement of
construction in September 2001.
Construction on SSDI-North will consist of two high rise towers and related amenities as
approved and reflected in the concept plan, modified by Resolution No. 200] -24349 adopted by
the City Commission on April 18, 2001. Construction sequence requirements dictate that
construction initiate along the southerly portion of SSDI-North which must be completed before
the northerly portion is developed. In connection with this construction commencement, several
pre-construction activities must occur on SSDI-North and adjacent properties to support the
proposed Murano Grande construction activities. The CitylRDA has certain financial obligations
pursuant to the Settlement Agreement for the pre-construction activities.
On June 27, 2001, the RDA Board approved and appropriated $3.2 million for several pre-
construction activities that are the CitylRDA's obligation and responsibility, pursuant to the
Settlement Agreement and to surviving provisions of the Development Agreement. These
activities included construction staging costs, curb cut costs, electrical utility relocation costs,
seawall rehabilitation and construction along SSDI-South, environmental remediation costs and
July 18.2001
Commission Memorandum
Environmental Remediation Costs for SSDI-North
Page 3
replacement parking costs. As requested on June 27, 2001, attached please find Exhibit A that
delineates the 1998 costs projections for these obligations compared with the actual construction
costs approved on June 27,2001 and as part of the RDA Board agenda item.
Construction Scope and Estimated Costs
Pursuant to the Settlement Agreement, TRG has retained the services of various professionals
to design, permit and construct the various improvements. Detailed design efforts are
approximately 80 percent complete. In an effort to obtain budget level cost estimates for the
various improvements, TRG requested its Contractor, KVC Constructors, Inc. (KVC), to obtain
bids for certain sub-trades with specialties in certain areas of work. In many cases, a minimum
of two bids were obtained to develop the basis for the estimate. The estimates presented herein
include the costs and certain allowances to perform the scope of work and its ancillary items. It
is noted that permitting requirements as well as existing site conditions may alter the character
of the work to be implemented, thereby increasing/decreasing the associated construction costs,
Upon completion of the detailed design efforts, the following procedure will be utilized to
develop final construction costs:
. Performance of a constructability review by a third party, (Hazen and Sawyer)
. Submittal of the plans to a minimum of three qualified contractors for each sub-trade
. The lowest, qualified bidder(s) (as determined by the City/RDA and TRG) will be
retained to perform the work
Hazen and Sawyer shall serve as the City's coordinator with respect to the City's obligations as
they relate to the Settlement Agreement. Construction bids obtained by TRG will be reviewed
by Hazen and Sawyer. Progress payment requisitions prepared by the Contractor(s) will be
reviewed by Hazen and Sawyer and recommended for payments to the City/RDA,
As stated on June 27, 2001, the majority of the costs are to be borne by the City/RDA and others
and it is in the best interest of all entities to negotiate the lowest / most qualified bides) to
perform the work. The estimates presented herein are for appropriation purposes only and are
not intended to be final construction cost estimates. KVC will provide Agreements prior to their
execution for the City/RDA's review and comment as well as provide the actual bids obtained
from each contractor( s).
The City/RDA's obligations, in addition to the $3,2 million approved on June 27, 2001, in
connection with SSDI-North are as follows:
Total Estimated City / RDA Obligation City / RDA
Work Item Description Costs Cost
Valet Parking One hundred percent
(Areas IV A, B and C) $72,OOO/yr $72,000
Utility Relocations $963,644 One hundred percent $963,644
(Area VI B)
(stormwater drainage, sanitary
July 18, 2001
Commission Memorandum
Environmental Remediation Costs for SSDI-North
Page 4
sewer forcemain, gas lines)
Amended and Restated Grant of $1,002,642 One hundred percent $1,002,642
Baywalk Easement
i.e. Seawall Restoration /SSDI-N
Area VII B
SSDI - North Environmental $343,391 * One hundred percent $343,391 *
Indenmity
(Area V)
Totals $2,381,677 $2,381,677
* The origin of the contamination will dictate payment responsibility, which may ultimately
reduce the CitylRDA's liability.
(A) Parkin!,' License
The Settlement Agreement further contemplated that during the implementation of the
environmental remediation on SSDI-North and subsequent construction, the City and its Lessee,
the Miami Beach Marina, would be granted, via a Parking License Agreement, parking spaces
on the Portofino Parcels (Alaska, Goodman, Hinson Parcels) to replace the same number of
parking spaces no longer available on SSDI-North. The Parking License was executed among
West Side Partners, the Alaska, Goodman and Hinson Parcel property owners, the City of Miami
Beach, and the RDA. The Parking License provides for the CitylRDA to have access to SSDI-
North, at no cost, in order to provide parking for the Marina until SSDI-North is developed, at
which time, substitute parking spaces will be provided on the Goodman, Hinson and Alaska
parcels. Porto fino is also locating approximately 34 spaces on Block 51, which fronts
Commerce Street. This parcel will be included in a Supplemental Agreement presented for RDA
approval in conjunction with this appropriation. To this end, and in connection with the
upcoming development ofSSDI-North, the City is obligated to build substitute parking which
will consist of the following:
Parking Spaces
Parking Areas Standard Handicap Total
Alaska Parcel 261 7 268
Block 51 - Lots 5-9 32 2 34
SSDI-North: North Lot 110 5 115
Totals 403 14 414
The estimated cost of these substitute parking facilities was appropriated and approved on June
27,2001. Please reference Exhibit I Area IV A, B and C for the location of the parking areas.
July 18, 2001
Commission Memorandum
Environmental Remediation Costs for SSDI-North
Page 5
As part of the Fourth Amendment to the Marina Lease, specifically Section 3.1.1, the CityIRDA
agreed to reimburse the Marina Lessee for valet parking services, to and from the Marina to the
replacement parking areas, up to the amount of $72,OOO/year, as adjusted by CPI, during the
period of construction and/or remediation.
$) Utility Relocation
As part of the Settlement Agreement, the parties entered into a Grant of Baywalk Easement
which, among other things, provides for the CityIRDA to fund the costs and expenses associated
with the physical relocation of the utilities within the SSDI-North property. On June 27, 2001,
the CityIRDA appropriated $1.2 million to relocate electrical lines, including the relocation of
the above ground electrical boxes.
At this time, TRG's contractor has provided the additional cost estimate of relocating the existing
water distribution main and services, the existing sanitary sewer and service laterals and
relocation of the existing 54-inch and upgrading it to a 72-inch storm sewer interceptor at an
estimated cost of $963,644, for which full payment responsibility lies with the CityIRDA. (Refer
to Exhibit ], Area VI B)
(C) Environmental Mitigation
One of the surviving provisions ofthe 1995 agreement with Portofino addresses environmental
assessment and remediation of SSDI-North. Pursuant to Section 5.3 (f)(iii), a surviving
provision of the Development Agreement, the Miami Beach Redevelopment Agency is
responsible for payment of fifty percent (50%) of the environmental assessment and remediation
costs associated with SSDI-North.
Additionally, as part of the Settlement Agreement and as part of the City's lease with the Marina,
both parties indemnify West Side Partners for any pre-existing environmental contamination.
The City's indemnity extends to conditions pre-existing before the marina operator possessed
the property and the Marina lessee's indemnity extends, up to a maximum of$1 million, for any
contamination caused by the Marina Lessee. To that end, the existing Marina underground
storage tank farm is currently monitored as mandated by DERM. However, there is concern that
these underground storage tanks may contaminate the SSDI-North construction site during the
Murano Grande dewatering and construction process. To assure no migration of any leakage
from this tank farm during the construction of Murano Grande, the Developer has proposed to
create a sheet pile cut-off wall to mitigate existing contamination migration located at the marina
underground storage tank farm.
The estimated costs to implement the sheet pile is approximately $343,391. The $343,391
represents the full cost to install the sheet pile cut-off wall. At this time, City staff and the
Developer are ascertaining the origins of the contaminants to determine ultimate payment
responsibility amongst the parties. If the CityIRDA assumes 50% of the cost (with the
Developer assuming the other 50%), it will be pursuant to the determination that it was a pre-
existing condition and mitigation measures are necessary to mitigate the CityIRDA's liability.
Alternatively, if the contamination is not a pre-existing condition, the Marina Lessee may be
July 18, 2001
Commission Memorandum
Environmental Remediation Costs for SSDI-North
Page 6
responsible for 100% of the mitigation costs. This appropriation approval will be subject to the
CityfRDA establishing pre-existing conditions and payment responsibility, The final
understanding amongst the parties will be memorialized in the Supplemental Agreement
presented herein, The Administration recommends, however, an appropriate of 100% of the
estimated costs in order to assure sufficient funding will be available under any contingency.
(J)) Amended and Restated Grant ofBl\YWalk Easement
As part of the Settlement Agreement, the parties entered into a Grant ofBaywalk Easement that
grants the City a permanent and irrevocable non-exclusive easement along the baywalk. The
City is obligated, at its sole cost and expense, to restore, maintain, repair and, as required, replace
the bulkheads and seawall, in a first class condition, West Side Partners, Ltd., is obligated to
construct the Baywalk, but the City has the ongoing obligation to maintain and restore the
Baywalk. The CityfRDA has separately entered into a Baywalk maintenance and operating
agreement with the Marina Operator as a result of the City's Fourth Amendment to the Marina
lease agreement.
Seawall Rehabilitation
On June 27,200], funding for the rehabilitation and construction of seawall along SSDI-South
was approved by the RDA Board. Approximately 790 Linear feet of deteriorated seawall along
SSDI-North from the existing Marina core parcel north to Pier A must be rehabilitated per the
Settlement Agreement. The recommended alternative design for the repair of the seawall
comprises a retaining wall anchored to the root of the existing steel sheetpile. The repair can be
done almost entirely from an upland location thereby reducing costs. This is a structural solution
that will bring the bulkhead into compliance with structural code requirements and will provide
a service life of approximately 25 years or more. This is consistent with the design of the
repair/rehabilitation section and provides a consistent appearance along the SSDI-North parcel
between Monty's Restaurant and the MacArthur Causeway.
The estimated costs for the rehabilitation of the existing seawall along SSDI-North is
approximately $1,002,642. Please reference Exhibit 1 Area VII B for the location of the
proposed seawall construction work limits. The CityfRDA is responsible for 100% of this cost.
Other Agreements:
This Resolution authorizes the Mayor and City Clerk to execute a Supplemental Agreement and
a Revocable License Agreement among Murano Two, Ltd., a Florida Limited Partnership
("Murano Two"), Murano Three, Ltd., a Florida Limited Partnership ("Murano Three"; and
together with Murano Two, the "Murano Entities"), Sun & Fun, Inc" a Florida Corporation
("S&F"), Beachwalk Development Corporation, a Florida Corporation ("Beachwalk"), Azure
Coast Development, Ltd., a Florida Limited Partnership ("Azure"), East Coastline Development,
Ltd., a Florida Limited Partnership ("ECD"), and Sandpoint Financial, Ltd., a Florida Limited
Partnership ("Sandpoint"; and together, S&F, Beachwalk, Azure, ECD and Sandpoint are
hereinafter referred to collectively as the "Portofino Entities"), the City of Miami Beach, Florida,
a Florida Municipal Corporation, (The "City"), the Miami Beach Redevelopment Agency, (the
July 18,2001
Commission Memorandum
Environmental Remediation Costs for SSD1-North
Page 7
"RDA"); and Miami Beach Marina Associates, Ltd., a Florida Limited Partnership (The "Marina
Lessee"). Additionally, an Amended and Restated Parking Sublicense Agreement and
Declaration of Restrictive Covenants in Lieu of Title are also recommended for approval by the
City Commission,
The Supplemental Agreement, the Revocable Parking License and an Amended and Restated
Parking Sublicense Agreement are attached hereto, and memorialize each party's respective
obligations, use requirements and restrictions and corresponding indemnities, as it relates to the
ongoing construction, staging and parking obligations. The Settlement Agreement contemplated
and provided for all the aforementioned activities but did not provide the legal document or
agreement to implement the activities and the corresponding obligations and responsibilities;
thus these three (3) Agreements provide for such legal documentation.
The Supplemental Agreement sets for the obligations and plans as it relates to replacement
parking and construction of temporary parking, modifications to the Parking License, Parking
Sublicense and Parking Covenant to include Block 5] Parcel, as it was not originally included
in the Settlement Agreement as a parcel for replacement parking. As a result of the inclusion of
Block 51 Parcel, Goodman and Hinson will be released for replacement parking since all
replacement parking will be provided on the Alaska Parcel and Block 51 and the northem portion
ofSSDI-North. Goodman and Hinson will be utilized as a temporary accessway to the Alaska
parcel.
The Revocable License is a temporary non-exclusive and revocable license for vehicular and
pedestrian ingress and egress over the Portofino properties (Goodman and Hinson) and the
Federal Triangle for purposes of access to the replacement parking for use by the Marina Lessee.
If terminated access to the Alaska Parcel will be through Washington Avenue.
The Amended and Restated Parking Sublicense among the City, RDA and Marina lessee,
governs the construction and use of the replacement parking, staging and restoration and
corresponding indemnities.
The Declaration of Restrictive Covenants in Lieu of Unity of Title, to be approved by the Mayor
and City Commission, provides for the unity of title required to submit an application to the
Planning Board for purposes of obtaining the conditional use approval required by the Planning
Board in order to approve the proposed vehicular and pedestrian ingress and egress to Alaska
parcel for replacement parking for the Marina.
Access to the Alaska parcel parking lot will be provided by three means:
. pedestrian access via the public baywalk which will require a temporary, non-exclusive,
public walkway through the City's Federal Triangle, connecting to and adjacent to the
Alaska Parcel.
. vehicular access via a new curbcut and roadway through the Goodman and Hinson
parcels and the City's Federal Triangle. This access will lie on the western property line
of Goodman and Hinson and the eastern property line of the Federal Triangle. The
Revocable License Agreement grants said access and indemnifies the City.
July 18,2001
Commission Memorandum
Environmental Remediation Costs for SSDJ-North
Page 8
. vehicular access will also be provided through the Washington Avenue Extension on the
eastern frontage of the Alaska Parcel.
In connection with the parking lots to be constructed south of South Pointe Drive, the City Code
requires a conditional use approval by the Planning Board and a minimum level of temporary
lot improvements and standards, i.e. paving, lighting, landscaping and drainage and does not
allow gravel lots. The Planning Board hearing is scheduled on July 31,2001 and the Declaration
of Restrictive Covenants in Lieu of Unity of Title is submitted as part of this application process.
In order to proceed with design and to seek construction bids in order to proceed with
remediation activities and subsequent construction, it is necessary and recommended that the the
Mayor and City Clerk execute a supplemental Parking Agreement and a Revocable License
Agreement among Murano Two, Ltd., a Florida Limited Partnership, Murano Three, Ltd., a
Florida Limited Partnership, Sun & Fun, Inc., a Florida Corporation, Beachwalk Development
Corporation, a Florida Corporation, Azure Coast Development, Ltd., a Florida Limited
Partnership, East Coastline Development, Ltd., a Florida Limited Partnership, and Sandpoint
Financial, Ltd., a Florida Limited Partnership; the City Of Miami Beach, Florida, the Miami
Beach Redevelopment Agency, and Miami Beach Marina Associates, Ltd., a Florida Limited
Partnership, and an Amended and Restated Parking Sublicense among the City Of Miami Beach,
the City of Miami Beach Redevelopment Agency and Miami Beach Marina Associates, Ltd.;
authorizing the Mayor and City Clerk to execute a Declaration of Restrictive Covenants in Lieu
of Unity of Title with respect to the Federal Triangle Parcel in order to provide for the Unity of
Title required to submit an application to the Planning Board for approval of the proposed
vehicular and pedestrian ingress and egress to the Alaska Parcel for replacement parking for the
Miami Beach Marina.
JMG/C~/rar
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