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98-22985 RESO RESOLUTION NO. 98-22985 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT ENTERED INTO BETWEEN THE DI LIDO BEACH HOTEL CORPORATION AND THE CITY OF MIAMI BEACH IN ACCORDANCE WITH THE REQUIREMENTS OF THE FLORIDA LOCAL GOVERNMENT DEVELOPMENT AGREEMENT ACT FOR PROPERTY LOCATED AT 155 LINCOLN ROAD, MIAMI BEACH, FLORIDA AND AT 1653, 1655, 1657, 1661, 1663, AND 1669 COLLINS AVENUE, MIAMI BEACH, FLORIDA AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AMENDMENT TO THE DEVELOPMENT AGREEMENT. WHEREAS, the Florida Local Government Development Agreement Act authorizes local governments to enter into development agreements with developers, and amendments thereto, in order to encourage a stronger commitment to comprehensive and capital facilities planning, to ensure the provision of adequate public facilities for development, to encourage the efficient use of resources, and to reduce the economic cost of development; and WHEREAS, the Mayor and City Commission of the City of Miami Beach entered into a development agreement with the Di Lido Beach Hotel Corporation (the "Agreement") which is recorded in the Public Records of Miami-Dade County in Official Records Book 18165 at Page 955, with regard to properties located at 155 Lincoln Road and at 1653, 1655, 1657, 1661, 1663, and 1669 Collins Avenue, Miami Beach, Florida in order to, among other things, facilitate the development of a five-star 400 room hotel, to obtain a pedestrian easement connecting, for the first time, Lincoln Road to the beach, and providing funds to improve Lincoln Road east of Collins Avenue; and WHEREAS, Di Lido Beach Hotel Corporation has requested that an amendment to the Agreement be considered and approved to correct certain restrictions included within the Agreement; and WHEREAS, in order to comply with Section 163.3225, Florida Statutes, the amendment to the Agreement requires consideration at two public hearings; and WHEREAS, the amendment to the Agreement was considered and approved at two public hearings held on November 18, 1998 and December 2, 1998 respectively; and WHEREAS, pursuant to the terms of the amendment to the Agreement, the Di Lido Beach Hotel Corporation has agreed, inter alia, to be responsible for recording, at its expense, the amendment to the Agreement in the public records for Miami-Dade County, Florida. NOW THEREFORE BE IT RESOL VED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the proposed amendment to the Agreement between the City of Miami Beach and the Di Lido Beach Hotel Corporation for property located at 155 Lincoln Road and at 1653, 1655, 1657, 1661, 1663, and 1669 Collins Avenue, Miami Beach, Florida is hereby approved, and the Mayor and City Clerk are authorized to execute the amendment to the Agreement and deliver an official executed amendment to Di Lido Beach Hotel Corporation for recordation as provided in the amendment. PASSED and ADOPTED this 2nd day of December ,1998. t4kr f~~ 11fA MAYOR ATTEST: CITY CLERK APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION F:\A ITO\TURN\ORDERS\DILlD03.RES ~~ City orney ~tIJiJ/qK ID~e 2 ~ITY OF MIAMI BEACH ;ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 Ittp:\\cLmiami-beach. fl. us COMMISSION MEMORANDUM NO. g/lo48 TO: Mayor Neisen O. Kasdin and Members of the City Co ission DATE: December 2,1998 FROM: Sergio Rodriguez City Manager SUBJECT: A RESOL I OF THE MAYOR AND CITY COMMISSION OF THE CITY OF IIAMI BEACH, FLORIDA, APPROVING AN AMENDMENT TO THE DEVELOMENT AGREEMENT ENTERED INTO BETWEEN THE DI LIDO BEACH HOTEL CORPORATION AND THE CITY OF MIAMI BEACH IN ACCORDANCE WITH THE REQUIREMENTS OF THE FLORIDA LOCAL GOVERNMENT DEVELOPMENT AGREEMENT ACT FOR PROPERTY LOCATED AT 155 LINCOLN ROAD, MIAMI BEACH, FLORIDA AND AT 1653, 1655, 1657, 1661, 1663, AND 1669 COLLINS AVENUE, MIAMI BEACH, FLORIDA AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AMENDMENT TO THE DEVELOPMENT AGREEMENT. RECOMMENDATION: Adopt the Resolution. BACKGROUND: At the May 20, 1998 Commission Meeting, the Commission approved a Development Agreement with the Di Lido Beach Hotel Corporation (Di Lido) governing the renovation of the existing Di Lido Hotel, located on the northeastern comer of Collins Avenue and Lincoln Road. As part of the Development Agreement, Di Lido presented to the Commission plans for the proposed renovations. Those plans were attached to the Development Agreement as exhibits, and called for the development of an addition to the existing Di Lido. Under the submitted plans, the total height of the building would be 124 feet from the base of the building to the top of the roof. As provided in the Development Agreement, Di Lido is in the process of securing development approvals for the proposed renovation from the City's Design Review Board and Zoning Board of Adjustment. In the course of processing those applications, Di Lido's architect has discovered two errors in translating the total 124 foot building height from a measurement from base to top of the roof to a measurement from grade. AGENDA ITEM R,A I '2.-2-ctB DATE ANALYSIS: On November 18, 1998, the City Commission approved the subject resolution on first reading and scheduled a second public hearing for December 2, 1998 at 3 :00 p.m. By way of explanation for the amendment, please refer to Exhibit "1" attached hereto which was a part of the Agreement. This diagram used erroneous information taken by the Applicant from an old microfilm which produced a purported maximum elevation for the building of 116 feet starting the measurement at a minus 8 feet ( -8). After that diagram was produced, the text was later developed within the Agreement (Exhibit "2") which stated that the building would be 117 feet measured from grade. This was the first scrivener's error, as the development of the text provision failed to take into account that the diagram measured height above a starting point of -8 feet, while the text provision measured height from above grade, which is at elevation +7 feet. Original Top of Roof Architectural Projection Proposed Amendment Top of Roof Architectural Projection Starting Point -8 -8 Grade 7 7 Bldg. Height + 124 +148 +124 +148 Height Above Grade 116 140 131 155 Subsequently, the architect's office received correct information and started measuring the height of the building from National Geodetic Vertical Datum (NGVD), which makes the same building at elevation + 13 6 feet. It was at this time that the developer discovered the second discrepancy. The City's zoning provisions measure "grade" from the sidewalk elevations, not NGVD. So measuring the height from grade, which is 7 feet, would place the building at a maximum elevation of + 131 feet and the height of the architectural projection at elevation + 155 feet, which is reflected in the attached proposed amendment. It should be noted that the maximum permitted height ofthe building as per the provisions of the land development regulations in effect on the date of approval of the Development Agreement is 150 feet. Notwithstanding this, the Developers agreed to limit the maximum height as previously mentioned. The discrepancies noted above all deal with a series of starting points and final elevation, not a change in the actual height of the building. The actual height of the building does not change from that which was shown to the Commission and attached to the Development Agreement. The actual building is and has always been 124 feet tall (Exhibit "3" diagram). It is the corresponding starting point for measuring that has changed. This request for an amendment would make the drawings, and the text ofthe Development Agreement consistent with each other and reflects the correct maximum building height of 131 feet and highest architectural projection of 155 feet, measured from grade as required by the City's land development regulations and the Development Agreement. CONCLUSION: The Administration recommends that the City approve the proposed amendment. This recommendation is based upon the fact that the proposed amendment does not alter the height size or scale of the building as presented to the Commission at the time of the approval of the original Development Agreement. The proposed amendment corrects the text ofthe amendment and the elevation scale to conform with the requirements of the City's land development regulations and the Development Agreement. SR:C~ph Attachments T:\AG ENOA \0 EC0298\REG ULAR\O III DO. WPO This instrument was prepared by (record and return to): Name: Address: Juan P. Loumiet, Esq. Greenberg Traurig Hoffman Lipoff Rosen & Quentel, P.A. 1221 Brickell Avenue Miami, Florida 33131 (305) 579-0500 (Space reserved for Clerk) AMENDMENT NO.1 TO AGREEMENT THIS AMENDMENT NO.1 TO AGREEMENT (this "Amendment") is made and entered into as of the ~NOday of ~&rt,.1998, by and among: (1) the CITY OF MIAMI BEACH, a Florida municipal corporation (the "City"); and (2) DI LIDO BEACH HOTEL CORPORATION, a Florida corporation (the "Owner"): Recitations A. The Owner and the City entered into that certain Agreement dated June 11, 1998, recorded in Official Records Book 18165, at Page 955, of the Public Records of Miami-Dade County, Florida (the "Agreement"), which Agreement constitutes a development agreement among the parties pursuant to the Florida Local Government Development Agreement Act, Sections 163.3220 - 163.3243 et. seq. (the "Act") and Section 9D-l of the City's Code. All capitalized terms used herein which are not defined shall have the definitions as set forth in the Agreement. B. The property that is the subject of the Agreement is described in Exhibit "A" hereto. C. The Owner and the City are desirous of amending certain terms of the Agreement. D. Having fully considered this Amendment at two duly conducted public hearings in compliance with Section 163.3225 of the Act, the City has approved and authorized this Amendment. NOW, THEREFORE, in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 1. Recitations. The foregoing recitations are true and correct and are incorporated herein by this reference. 2. Amendments. Subsection 3.18 (b) of the Agreement is hereby deleted and the following is inserted in lieu thereof: (b) The building height shall be no more than 13 1 feet to the top of the roof and 155 feet to the highest architectural projection as measured above "grade" as said term is defined in the City's zoning ordinance (Ordinance No. 89-2665). 3. Compliance. The provisions of the Agreement dealing with the Di Lido Property, as modified by this Amendment, are consistent with the Comprehensive Plan (subject to all applicable Development Approvals) in effect on the execution date of the Agreement and the land development regulations of the City (subject to all applicable Development Approvals) in effect on the execution date of the Agreement. 4. Effectiveness: Recording: Further Amendments: Counterparts. This Amendment shall become effective upon execution by all parties hereto. Promptly after the full execution hereof, Owner shall record this Amendment with the Clerk of the Circuit Court Miami-Dade County, Florida. Except as amended hereby, all other terms and conditions contained in the Agreement remain unchanged and in full force and effect. This Amendment may be executed in several counterparts, each of which shall be deemed an original, but all constituting only one Amendment. EXECUTED as of the date first above written. Signed, sealed and delivered in the presence of: 5~~l4 ~\-r.- \-\~\ "- APPROVED AS TO FORJv\ & LANGUAGE & FOR EXECUTION CITY OF MIAMI BEACH, a Florida muni/~Zforporation By: 71/1 Name: Neisen Kasdin, Mayor Attest:~O p~ Robert Parcher, City Clerk ~~ jJ//d/9r D~~~ DI LIDO BACH HOTEL CORPO TION, a Florida corporation ~c~ STATE OF FLORIDA ) ) SS: COUNTY OF MIAMI-DADE ) ~he foregoing instrument was acknowledged before me this l?d day of , 19cfj by Bruce E. Lazar, as Vice President of Di Lido Beach Hotel orporatI , a Flonda corporatIOn, on behalf of the corporatIOn. He IS personally known to me or has produced as identification and who did (did not) take an oath. NOTARY PUBLIC ....~~~~. MARTAM.RIVERO (.~"'A~:.\ MY COMMISSION 1/ CC 788886 ~'~4~ EXPIRES: November 5, 2002 "~4r:.'t\.~... Bonded Thru NolIIy Public UIldllllriltB Typed or Printed Name of Notary My Commission expires: Serial No., if any: STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this Ii tI, day of ~4-U-d.~ ' 199,;1)y IYt/SeN' D. /G s.d;~ , as Mayor ofthe r Ity of Miam each, a munIcIpal corporatIOn, on behalf of the CorporatIOn. He IS personally known to me (:Of ~ftEl ~roL_s-a .__"h__ as identification and who did {did not) take an oath. ~ 'J I . ~ (1) " _ Il _~;C..I_.fl-4/~.Jl4/11...P OFFICIALI\:arARYSEAL NARY PUBLI / LILLIAN BEAUCHAMP / ~'""j) NOTARY PUBLIC STATE OFFLORlDA A} j (,~ rJ '/':5( ct uc-h d !--tO COMMISSION NO. CC73A,17i - - - -- --,- MYCOMMlSSKW EXP 1\1"[-:. Typed or Printed Name of Notary My Commission expires: Serial No., if any: MIAMIlHERNANDEZJ/984364/13jg05! ,00ClII/09198119878.0 10700 EXHIBIT" A" DI LIDO PROPERTY PARCEL 1: Lots 18, 19 and 20 in Block 29, of FISHER'S FIRST SUBDIVISION OF ALTON BEACH, a Subdivision of MIAMI-DADE, Florida, according to the Plat thereof, as recorded in Plat book 2, at Page 77, of the Public Records of MIAMI-DADE County, Florida. ALSO PARCEL 2: All of Lots 1,2,3,4, 17 and the South Half (S1/2) of Lots 5 and 16, in Block 29, of FISHER'S FIRST SUBDIVISION OF ALTON BEACH, according to the Plat thereof, as recorded in Plat Book 2, at Page 77 of the Public Records of MIAMI-DADE County, Florida, ALSO; Beginning (P .O.B.) at the Northeast comer of the South Half (S 1/2) of Lot 5 in Block 29 as the same is shown and designated upon the Plat Florida; thence run in an Easterly direction along the North Line of said South Half (S 1/2) of Lot 5 in Block 29 produced to the Erosion Control Line of the Atlantic Ocean, said line recorded in Plat Book 105, at Page 62, of the Public Records of MIAMI-DADE County, Florida; thence run in a Southerly direction along the Erosion Control Line a distance of 280.059 feet to a point, said point being the intersection of the Erosion Control Line and the Centerline of Lincoln Road, as said Road is shown on the above mentioned Plat, produced Easterly; thence run in a Westerly direction along the Centerline of Lincoln Road produced Easterly to an intersection with the Easterly Line of Block 29 produced Southerly; thence run in a Northerly direction along the Easterly line of said Block 29 and its production Southerly, a distance of278.878 to the Point of Beginning (P.O.B.). To Be Described as follows: Unit No. , and No. , of Condominium, filed in Official Records Book Public Records of MIAMI-DADE County, Florida. , at Page , a , of the ?ent by: GREENBERG TRAURIG 305 579 0717; 11/12/98 13:52; JeHax #906;Page 4/11 --- ._-"".. .ljt.l."calll' ',t1 '"1".111';[ r.il.1 '1 ~Y" .' Rrc: I 0 I 8 JI U I U I U EXH~lHT 1 .' a~ 11,,;- ).. ,: ).1 J r' ~, ~ I: r: ~~ JJ J J ..~ ~. - ~.: ~. V'f' .- ... - >>~ . . l:; , '. . ! I i .1, I' ; , , ! r I . +'::1 i~ ....~ 0 tp .. ~~. ~ ~; '. 1; I:> I 'S" .Jt :: - j: ~ent by: GREENBERG TRAURIG 305 579 0717; 11/12/98 13:52j Jedax #906jPage 5/11 -._--........_......I..1t1..W:llIiJ.JjJlrl.'t.:j" II~ EXHlB: l Hff: lB165rf09S9 3.13 "Initial Closin~" shall have the definition set forth in Section 11.1 of this Agreement. 3.14 "Lincoln Access Ea,;eme.nt" shall mean a perpetual easement for public pedestrian and vehicular traffic on, across and through the Lincoln Road Property for the purpose of allowing pedestrian and vehicular traffic to continue to use the Lincoln Road Property which easement shall be in the fonn attached hereto as Exhibit "F". 3.15 "Lir)coln Road Improvements" shall mean the improvements to be made to the Lincoln Road Section and the Di Lido Easement Area as described in Section 8 of this Agreement. 3.16 ''LinC9In Road Property" shall mean that portion of Lincoln Road North of the center line of the existing road right-of-way lying East of the Eastern right-of.way line of Collins Avenue and which is contiguous to the Di Lido Property, as more pa.rticularly described in Exhibit "B" hereto. 3 .17 "L,incoln Road SecQQD." shall mean the portion of Lincoln Road lying East of the Eastem right-oi-way line of Collins A venue. 3.18 "Elanned Development" shall mean the reconstruction and redevelOFment of the Df Lido Property (as defined in Section 3.12 hereof to include the Owner's right; title and interest to the Lincoln Road Property after the Second Closing), including the existing Di Lido Beach Hotel and portions of the adjoining commercial building, in compliance with the follOwing conditions: (a) the maximum total square footage of floor area permitted upon the Di Lido Property shall not exceed 407,491.25 square feet measured in accordance with the regulations of the City's zoning ordinance and the maximum pennitted floor area ratio upon the Di Lido Property shall be 2.5 measured in accordance with the regulations of the City's zoning ordinance for the purposes of detennining population densities and building intensities as required by the Act. (b) ThebuiIding height shall be no more thaT! 117 feet to the top of the roof and 142 feet to the highest architectural projection as measured above "grade" as said ~erm is defined in the City's zoning ordinance (Ordinance No. 89-2665, as amended). (c) The uses permitted in the Planned Development shall be a hotel consisting of up to 400 "keys>' (as such term is generally used in the hotel industry) with appurtenant facilities, i.t1cluding, without limitation, (i) facilities for conventions, banquets and other functions; (i1) spa; (iii) beachfront recreational facilities; (iv) restauran~s; (v) retail; (vi) parking 5 (lJ ?\ ?- \Xl ('" , /i # lA IL~~J H ~TillffiJrrrnm~! r.~ ':;:E 'm . U) , .-j rn r m < y :::! Cl z L~ J d El eEL . e~bB...~~.i EJ El.ElIr ~ El Eld I ~1!l B...~, ' ~B ELI ,H + ;,' ~llijID~i _. ~_~~_c=d . - ] I THE RITZ-CARLTON MIAMI BEACH FLORIDA .""C"'ol._ ____._.___. _~n~__~V.\TION/~(IornON~'f!t!.~Xj..H1NC;~~~~~.!!~~! ..~~~~]._____~_ :.:fi ci ~~ ,..; "" c i!;2! ..,~ :::i Z" ~ ~!i ~ ~V>~ ~5i~ ~~~ 0("";;; . ~: ~~el 0"' ~~~ ~~ H~'; f i~~~ ~ 3' ~"'-, gi'icnX . ;;. . OonO :o:;;;~ 1 ";;:J:~ _ ___...i__~'=___ CITY OF MIAMI BEACH NOTICE OF PUBLIC HEARING TO CONSIDER AMENDMENT TO DEVELOPMENT AGREEMENT NOTICE IS HEREBY GIVEN that the second of two public hearings will be held by the City Commission of the City of Miami Beach on Wednesday, December 2,1998 at 3:00 P.M., or as soon thereafter as possible, in the City Commission Chambers, Third Floor, City Hall, 1700 Convention Center Drive, Miami Beach, Florida, to consider and enter into a proposed amendment to that certain development agreement between Di Lido Beach Hotel Corporation and the City of Miami Beach as recorded in Official Record Book 18165 at Page 955 of the Public Records of Miami-Dade County (the "Development Agreement") in accordance with the requirements of the Florida Local Government Development Agreement Act for property located at 155 Lincoln Road, Miami Beach, Florida and at 1653,1655,1657, 1661,1663, and 1669 Collins Avenue, Miami Beach, Florida. The Amendment proposes that the Development Agreement be modified to provide that the building height shall be no more than 131 feet to the top of the roof and 155 feet to the highest architectural projection as measured above grade, where the Development Agreement currently provides that the building height shall be no more than 117 feet to the top of the roof and 142 feet to the highest architectural projection as measured above grade. The foregoing information is provided pursuant to the requirements of Section 163.3225(2)(b), Fla. Stat. Inquiries concerning the proposed Amendment to the Development Agreement should be directed to the Office of the City Clerk, (305) 673-7411. Copies of the proposed Amendment to the Development Agreement are available for inspection during normal business hours in the Office of the City Clerk, City Hall, 1700 Convention Center Drive, Miami Beach, Florida. All persons are invited to appear at this meeting or be represented by an agent, or to express their views in writing addressed to the City of Miami Beach City Commission c/o the City Clerk, 1700 Convention Center Drive, First Floor, City Hall, Miami Beach, Florida 33139. Pursuant to Section 286.0105, Fla. Stat., the City hereby advises the public that: If a person decides to appeal any decision made by the City Commission with respect to any matter considered at this meeting or hearing, such person must insure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. This notice does not constitute consent by the City for the introduction or admission of otherwise inadmissible or irrelevant evidence, nor does it authorize challenges or appeals not otherwise allowed by law. In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodation to participate in this proceeding should contact the City Clerk's Office no later than four days prior to the proceeding, telephone (305) 673-7411 for assistance; if hearing impaired, telephone the Florida Relay Service numbers (800) 955-8771 (TDD) or (800) 955-8770 (VOICE), for assistance. 02/04/99 12:43 GREENBERG TRAURIG ~ 93056737002 . . NO. 921 [;102 (r q3 - 2. UJ b)-- J .'! _ ' I: .. , I . t: ., i~f /8441 ~ 3590 ~ .~-- . . ,.' 11'IiS ~strUmen\_~.-t by (...~rd aft/! t8tutn to): . 99R031956 1999 ~M 19 14~45 Name: Address: Juan P. Loumlet. Esq. Greetlbe!g Traurig Hoffman upaff Rosen & Quel\tel. P.A.. 1221 BricKeR Avenue Miami. Florida ~'3' (305) 579-0500 (Space reserved for CIe11t) AMENDMENT NO.1 TO AGREEMENT ... --' --"--, ....-....-. ... -'.. ',-,--_.~'."-~".. .'TmS AMENDMENT N.O.l TO AGREEMENT (this "Amendment" is made and entered into as ofthe6.-AIO day of ~M.U~ 1998, by and among: (1) the CITY OF MIAMI BEACH, a Florida municipal corporation (the "City"); and (2) DI LIDO BEACH HOTEL CORPORATION, a Florida corporation (the "Ow1ler"): Recitaqo95 A. The Owner and the City entered into that certain Agreement dated June 11, 1998, recorded in Official Records Book 18165. at Page 955, of the Public Records of Miami.Dade County. Florida (the "Agreement"). which Agreement constituteS a development agreement among the parties pursuant to the Florida Local Government Development Agreement Act. Sections 163.3220 - 163.3243 et. seq. (the '.Act") and Section 9D-1 of the City'S Code. All capitalized terms used herein which are not defined shall have the definitinn~ as set fcrth..in. the Agreement., . " ..,'.' N. B. The propeny that is the subject of the Agreement is described in Exhibit :~An hereto. C. The Owner and the City are desirous of amending certain termS of the Agreement. 02/1::l4/'::i'::i 1~:4~ b~ccNBc~b I~HU~15 ~ 93056737002 - . NO. 921 ~02 (- q~ - 2- UJ lJ)- ,. ,:.... .. ~ -'- f i{f , 8441 ~3590 . . This iIlstrulMnt was prepared lly (record and flltum lO): Name: Juan P. Loumle!. Esq. Adcfress: GreeIlberg Traurig Halfman Upc1f Rasen & Quentel. P.A.. 1221 BricXeQ Avel'\ue Miarrti. Florida 33131 (305) 579-0500 99R0319S6 1999 JAN 19 1'~45 (Space reserved for CIerl{) AMENDMENT NO.1 TO AGREEMENT - --' -_.._- ..._,... -. .... -'.. .~ ..._.........~......-'......... .. . . - '..... .-. ,...., 't' o. TmS AMENDMENT NO.1 TO AGREEMENT (this "Amendment") is made and entered into as ofthe~ AlD day of 1)..,o.auWl-r 1998, by and among: (1) the CITY OF MIAMI BEACH, a Florida municipal corporation (the "City"); and (2) DJ LIDO BEACH HOTEL CORPORATION, a Florida corporation (the "OwIIertl): Rec:itatj095 A. The Owner and the City entered into that certain Agreement dated June 11, 1998, recorded in Official Records Book 18165, at Page 955, of the Public Records of Miami-Dade County, Florida (the "Agreement"), which Agreement constitutes a development agreement among the parties pursuant fo the Florida Local Government Development Agreement Act. Sections 163.3220 - 163.3243 et. seq. (the "Act") and Section 9D-l of the City's Code. All capitalized tenus used herein which are not defined shall have the definitinnq as set forth..uuhe Agreement. B. The property that is the subject of the Agreement is described in Exhibit ::A n hereto. c. The Owner and the City are desirous of amending certain terms of the Agreement. " 1212/1214/99 12:43 GREENBERG TRAURIG ~ 93121567371211212 -~.. I OSot't' I PC J\J:11 NO. 921 Gll2l3 ~ " D. Having fully considered this Amendment at two duly conducted public hearings in compliance with Section 163.3225 of the Act, the City has approved and authorized this Amendment. NOW, TI!EREFORE. in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. the parties hereby agree as follows: I". Recitarion~. The foregoing recitations are true and correct and are incorporated herein by this reference. 2. Amendments. Subsection 3.18 (b) of the Agreement is hereby deleted and "..... the.ioilowing is iRsened ~R-Iieu thereof: - -, - ,-,.- - : .,...-:--- - "7. (b) The building height shall be no more than 131 feet to the top of the roof and I S5 feet to the highest architectural projection as measured above "grade" as said term is defined in the City's zoning ordinance (Ordinance No. 89-2665). 3. Compliance. The provisions of the Agreement dealing with the Di Lido Property, as modified by this Amendment, are consistent with the Comprehensive Plan (subject to all applicable Development Approvals) in effect on the execution date of the Agreement and the land development regulations of the City (subject to all applicable Development Approvals) in effect on the execution date of the Agreement. 4. Effectiveness: Recordini: Furthel" Amendmentg. COUQtet:Part~. This Amendment shall become effective upon execution by all parties hereto. Promptly after the full execution hereof, Owner shall record this Amendment with the Clerk of the Circuit Court Miami-Dade County, Florida. Except as amended hereby. all other terms and conditions contained in the Agreement remain unchanged and in full force and effect. This Amendment may be executed in several counterparts, ~ac~,p[~~ch shall be deemed an original, but atli constitUting only one AIiiendnient. '. , -, .,". ,. EXECUTED as of the date first above written. Signed, sealed and delivered in the presence of: ~ ...-. 2:.~~ ~'= APPROVED AS TO FORM & lANGUAGE & FOR EXECUTION CITY OF MIAMI BEACH. ::,IOrida m1/l!corporation Name: Neisen "K3sdin. Mayar Attest: a- Robert Parcher, City Clerke 1II4dijf/ · nhdlqy 02/04/99 12:43 GREENBERG TRAURIG ~ 93056737002 NO. 921 [;)04 r . i~t /8441 PC 3592 '. Dr LIDO BEACH HOTEL CORPO ON, a Florida corporation STATE OF FLORIDA ) ) 55: COUNTY OF MIAMI-DADE ) -' The foregoing instrument was acknowledged before' me. this'~.fIii.~~"~f'+";~'.~"I. ',,' ,.lIt" f'1....~ ' l~by Bruce E. Lazar, as Vice President of Di Lido Beach Hotel ~olpOratia a Florida Corporation, on behalf of the corporation. He is personally known to me or has produced as identification and who did (did not) take an oath. Typed or Printed Nam My Commission expires: Serial No.t if any: STATE OF FLORIDA ) )58: COUNTY OF MIAMI-DADE ) , e foregoing instrument was acknowledged before me this 1,/ tIJ day of 19~ft,y Nf? ig.v IJ. /U;(rJ,,J . as Mayoro~the '''''_'';..,_. _ CitY ofMi . Beach, a municipaI cOrPonitiori~ cn beliarfofthe COrPoration~ He IS personally known to me 9r l."li piiilhud - as identification and who did (did not) take an oath. ~ A.' n _ ~ .I _J.l1IL.lJ ~l~4~ N TARYPUB~ all, GI"/ r~eQU~G4fJ Typed or Printed Name ofNowy My Commission expires: Serial No., if any: lo4LUiIIlJiEL~]cWI3j"fl,DCICIIIID9I9UI9.TI.OIO'leO arARYSEAL ULLlAN BEAUCHAMP Nar'ARYPUaUC SlATE OF R.oltIDA COMMlSSION NO. CC138m MY COMNlSSrON EXP. APR.~.2OO'l Uncdn Road . , ~ 19th Slralll ~ c o 0. c " ~ South Beach Area of the Miami Beach Enterprise Zone Exhibit A-1 1ahSlreet . ~ . ~ c . '" " .II ::: . , c . ~ g ~ " ~ . . , ~ ~ ~ 1eh Street ~ ~ ~ j t 15th Street ~ 15th Street Espaiiolail\ay 14tl1 Street lJ~U),Ljti1 " , '1~J!{ " . 14th Street 13th Street 13th Street 1 an Street t 121hStreet 11th Street ;; ~ Dcurrent Enterprise Zone ~Area to be added =Area to be removed