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Multi-Party Funding Agreement do // -z 7 5=73 MULTI -PARTY FUNDING AGREEMENT THIS AGREEMENT is entered into this pi* day of R, 71 , 2011, by and between the CITY OF MIAMI BEACH, a Florida municipal corporation (City), MIAMI -DADE COUNTY, a political subdivision of the State of Florida (County), and UNIDAD OF MIAMI BEACH, INC., a Florida not for profit corporation (UNIDAD) (The City, County, or UNIDAD may be hereinafter referred to individually as a "Party," or collectively as the "Parties "). RECITALS WHEREAS, the City is the owner of the property, including, without limitation, any buildings and /or other improvements, whether now existing or as may subsequently be constructed and /or otherwise erected or placed thereon, located at 7251 Collins Avenue, Miami Beach, Florida (the Property); and WHEREAS, on September 9, 2006, as authorized pursuant to City Resolution No. 2006 - 26325, the City approved a Management Agreement with UNIDAD, having an effective date of September 6, 2006 (the Management Agreement); and WHEREAS, the Management Agreement gives UNIDAD the right to use, manage, coordinate and operate a comprehensive senior center on the Property to be known as the North Beach Senior Center, designated to serve low- income senior citizens of Miami -Dade County, Florida; centered on the provision of services and programs and the improvement of the quality of life for senior citizens, and which is intended to include the following programs, services, activities, and uses: • operation of an elderly community service program to provide job placement for seniors; • operation of senior employment training programs; • senior meals center for the North Beach area's elderly community (subject to funding availability); • senior recreational activities, classrooms, special interests, lectures, etc.; and • cultural activities and special events. (Hereinafter, the senior center and its goals and priorities and approved uses, as set forth in the Management Agreement, shall be referred to as the North Beach Senior Center or the Project); and WHEREAS, as additional consideration for the City's agreement to enter into the Management Agreement, UNIDAD is required to design and construct certain capital improvements on the Property including, without limitation, demolition of the existing City -owned building and construction of a new replacement building with substantial additional square footage, which will be owned by the City and which will also include public restrooms (hereinafter, the new City -owned building and any and all other improvements being designed and constructed by UNIDAD on the Property shall be referred to as the "Proposed Improvements "); and WHEREAS, in order to fund a portion of the Proposed Improvements, UNIDAD has been awarded Community Development Block Grant (hereinafter "CDBG ") funding administered by the Department of Housing and Urban Development (hereinafter "HUD ") through the County, in the total amount of $1,150,000 (hereinafter, the $1,150,000 amount, and any additional amounts included as a result of a subsequent adjustment or amendment to the County CDBG Contract, shall be referred to as the "Funds "), pursuant to that certain Combined FY 2004 — 2010 CDBG Contract, executed between UNIDAD and the County, dated May 13, 2009 (the County CDBG Contract); and WHEREAS, in order to ensure that the Funds are used in accordance with the CDBG Regulations (defined as the entirety of 24 C.F.R. Part 570) and that the Proposed Improvements meet the CDBG National Objective for five (5) years, the County requires that the City and UNIDAD enter into the following Agreement. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, City, County, and UNIDAD agree as follows: 1. INCORPORATION OF RECITALS. The Parties acknowledge and agree that the above Recitals are true and correct, and are hereby incorporated into and made a part of this Agreement. 2. CONTROL PERIOD means a sixty (60) month period, commencing on the earlier of the (i) issuance by the City of a Temporary Certificate of Occupancy (TCO), or a (ii) Final Certificate of Occupancy (CO) for the new building on the Property, during which time the Project must remain in service as the North Beach Senior Center and must serve Low - Moderate Income (LMI) senior citizens, in accordance with the LMI National Objective and the goals and priorities and approved uses set forth in the Management Agreement and the County CDBG Contract. During the Control Period, the County may monitor the Project to ensure that UNIDAD is complying with the LMI National Objective and the terms of the County CDBG Contract. 3. LMI means those households whose total annual adjusted gross income is 80% percent or Tess than the area median annual adjusted gross income for households within the metropolitan statistical area (MSA) or, if not within an MSA, within Miami -Dade County, whichever is greater as defined by HUD. 2 4. LMI NATIONAL OBJECTIVE The Parties agree that Low Mod Limited Clientele (LMC) Activities will be offered at the North Beach Senior Center. The parties further agree that the clientele being offered the LMC Activities at the North Beach Senior Center will be elderly clients that are at least 62 years old and thereby presumed to be low and moderate income. 5. In the event that UNIDAD fails to meet, achieve, maintain and /or otherwise sustain the LMI National Objective for the Project during the Control Period (hereinafter, UNIDAD's failure to meet, achieve, maintain and /or otherwise sustain the LMI National Objective for the Project during the Control Period shall be referred to collectively as UNIDAD's "Failure to Comply ") then, upon written notice from the County (hereinafter the "County's Notice "), which notice shall include any and all supporting documentation from the County evidencing UNIDAD's Failure to Comply, the City shall promptly take the following actions: A. Notify UNIDAD, in writing, of its Failure to Comply and the reasons therefore, as set forth in the County's Notice to the City (the City's Notice). The City's Notice shall be transmitted to UNIDAD as a formal Notice of Default, pursuant to the provisions provided therefore under the Management Agreement. A copy of the City's Notice shall be sent to the County. B. Upon receipt of the City's Notice, and in accordance with the provisions governing default under the Management Agreement, UNIDAD shall have thirty (30) calendar days within which to cure the default. In order to satisfactorily cure said default, UNIDAD must demonstrate, to the City and County's reasonable satisfaction, that the Project meets the LMI National Objective and, if applicable, include any steps that UNIDAD is taking and /or shall take (and the timelines therefore) in order for the Project to comply with the Objective for the duration of the Control Period. C. In the event that UNIDAD fails to cure the default, and the Project fails to comply with the LMI National Objective within the time period provided in the City's Notice, then the City may (i) terminate the Management Agreement; (ii) re -enter the Property without further notice or demand; and (iii) in addition thereto, avail itself of any and all other legal remedies available to the City under the Management Agreement to seek redress for UNIDAD's default. In the event of termination of the Management Agreement pursuant to Section 5 hereof, and upon the City's re -entry on to the Property, the City agrees that it shall, whether directly or by contracting with a third party (to be determined by 3 the City, in its sole and reasonable judgment and discretion), assume the management and operation of the Property, and continue to operate the Project in accordance with the goals and priorities and approved uses set forth in the Management Agreement, for the duration of the Control Period; For the duration of the Control Period, the City shall provide records and documentation to the County sufficient for the County to show HUD that the Project is complying /has complied with the National Objective and the CDBG Regulations. Upon conclusion of the Control Period, the City may elect, in its sole and absolute judgment and discretion, to continue to operate and manage all or a portion of the Property as a senior center. Notwithstanding the preceding, or any other term or conditions of this Agreement, the Parties hereby acknowledge and agree that such election, if at all, shall be at the City's sole option and discretion and that, for purposes of having complied with its obligations under this Multi - Party Funding Agreement, the City shall have no obligation and /or duty to manage and operate the Property as a senior center beyond the Control Period. 6. Except as provided in Section 5 hereof, the City shall have no liability whatsoever to County, UNIDAD, and /or any third parties with respect to this Multi -Party Funding Agreement; repayment of the Funds; and the County CDBG Contract (including, without limitation, UNIDAD's Failure to Comply and /or any other liability or obligation which may now or hereinafter arise from a default by UNIDAD under the County CDBG Agreement). except the City will comply with the CDBG requirements as it relates to the National Objective and the stated programs, activities, services and uses during the control period. 7. NOTICES. All notices and communications in writing required or permitted hereunder, shall be delivered personally to the representatives of the County, UNIDAD and the City listed below or may be mailed by U.S. Certified Mail, return receipt requested, postage prepaid, or by a nationally recognized overnight delivery service. Until changed by notice in writing, all such notices and communications shall be addressed as follows: UNIDAD: UNIDAD of Miami Beach, Inc. 1701 Normandy Drive Miami Beach, Florida 33162 Attn: Ms. Margarita Cepeda- Leonardo COUNTY: Miami -Dade County County Manager 111 NW 1 Avenue Suite 2900 4 Miami, Florida 33128 Attn: County Manager CITY: City of Miami Beach City Manager 1700 Convention Center Drive Miami Beach, Florida 33139 with copies to: City of Miami Beach Attention: Asset Manager 1700 Convention Center Drive Miami Beach, Florida 33139 Copy to: Department of Housing and Community Department 701 NW 1 Street Miami, Florida 33136 Attn: Rowena Crawford, Assistant Director Notice may also be provided to any other address designated by the party to receive notice if such alternate address is provided via U.S. certified mail, return receipt requested, hand delivered, or by overnight delivery. In the event an alternate notice address is properly provided, notice shall be sent to such alternate address in addition to any other address which notice would otherwise be sent, unless other delivery instruction as specifically provided for by the party entitled to notice. Notice shall be deemed given on the day on which personally served, or the day of receipt by either U.S. certified mail or overnight delivery. 8. SUCCESSORS AND ASSIGNS BOUND. This Multi -Party Funding Agreement shall be binding upon the Parties and their respective successors and assigns. 9. NO THIRD PARTY BENEFICIARY. This Multi -Party Funding Agreement is intended solely for the benefit of Parties and their respective successors and assigns, and no third party shall have any rights or interest in this Agreement. 10. NO AGENCY OR PARTNERSHIP. Nothing contained in this Multi - Party Funding Agreement shall constitute City as a joint venturer, partner or agent of the County and /or UNIDAD, or render City liable for any debts, obligations, acts, omissions, representations or contracts of the County and /or UNIDAD. 5 11.AMENDMENT AND WAIVER. This Multi -Party Funding Agreement may not be modified except by written instrument signed by all of the Parties hereto. 12. SEVERABILITY. The invalidity, illegality, or unenforceability of any provision of this Multi -Party Funding Agreement pursuant to judicial decree shall not affect the validity or enforceability of any other provision of this Multi -Party Funding Agreement, all of which shall remain in full force and effect. 13.GOVERNING LAW AND VENUE. This Multi -Party Funding Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami -Dade County, Florida, if in state court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, THE PARTIES EXPRESSLY WAIVE ANY RIGHTS THEY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF THIS AGREEMENT. 14.EXPIRATION/TERMINATION. THIS MULTI PARTY FUNDING AGREEMENT SHALL AUTOMATICALLY EXPIRE AND TERMINATE, AND BE OF NO FURTHER LEGAL FORCE OR EFFECT, WITHOUT ANY FURTHER ACTION REQUIRED BY ANY OF THE PARTIES HERETO, UPON EXPIRATION OF THE CONTROL PERIOD. 15. This Multi -Party Agreement governs only the Funds and does not address other funding from the County. IN WITNESS WHEREOF, this Funding Agreement has been executed by UNIDAD, COUNTY AND THE CITY hereto on the day and year first above written. Attest: CITY OF MIAMI BEACH d l,Y/l y, 1. // /. 1 ��i /.. /_ Robert Parcher, City Clerk Ma errera Bow- r, Mayor Attest: UNIDAD OF MIAMI BEACH, INC. 6 Attest: UNIDAD OF MIAMI BEACH, INC. S-. etary Presiden asu r Manny Fernandez Jorge Rodriguez Print Name Print Name Attest: MIAMI -DADE COUNTY County Clerk County Manager APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION ity Attor e � Date 7 1