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Maintenance Agreement for 87th Street East of Collins Avenue MAINTENANCE AGREEMENT FOR 87 STREET EAST OF COLLINS AVENUE THIS MAINTENANCE AGREEMENT FOR 87 STREET EAST OF COLLINS AVENUE (this Agreement ) is made and entered into as of the 2-00L_ day offs-tla�� , 20141 by and between the CITY OF MIAMI BEACH, FLORIDA, a municipal corporation of the State of Florida (the "City"), and 8701 COLLINS DEVELOPMENT, LLC, a Delaware limited liability company("Developer"). RECITALS: A. 87th Street east of Collins Avenue in Miami Beach, Florida is a dedicated City right-of-way and is more particularly described in the attached Exhibit "A" (the "City Property") B. On September , 2014, the City Commission adopted Resolution No. 2014- 28754, approving, among other things, the vacation of 87th Terrace east of Collins Avenue in exchange for certain obligations of Developer, including, but not limited to, entering into the below described Development Agreement. C. On , the City Commission adopted Resolution No. 2014- XXXXX, approving a Development Agreement between the City and Developer, which includes, among other things, the requirement that Developer design, develop, construct and maintain certain improvements to the City Property, in conjunction with the project being developed by the Developer at 8701 Collins Avenue (the "Developer's Property"). D. On , the City and Developer entered into the Development Agreement, which is recorded in Official Records Book XXXXX, Page XXXX of the Public Records of Miami-Dade County, Florida(the " Development Agreement"). E. In accordance with Section XX of the Development Agreement, the City and Developer desire to enter into this Agreement to set forth the terms and conditions of Developer's construction and installation of improvements and maintenance of the City Property. NOW, THEREFORE, for and in consideration of the premises and the mutual covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Recitals. The above recitals are true and correct and incorporated herein by reference. 2. Installation of Improvements. Subject to necessary City approvals, the Developer shall design, fund, and install the following improvements within the City Property: (a) Lighting; (b) Resurfacing, drainage, hardscaping,paving; (c) Landscaping and related irrigation; (d) Outdoor seating and other outdoor furniture; (e) Pedestrian sidewalk, including pavers; (f) Fences and gates to control access (so long as at least a ten (10) foot access to the beach always remains open); and 285976/4/TAMPA (g) City-approved street signage; including directional signage, beach access signage and similar signs (including private signage) (collectively, the "87th Street Improvements"). The existing geometry of the City Property shall be substantially followed in the design of the improvements. No change in the location of the sidewalks, curbs and gutters shall be permitted without the consent of the City. The design of the improvements shall be in substantial accordance with the plans entitled XXXXX and attached hereto as Exhibit"B." Developer shall expend at least Seven Hundred Fifty Thousand Dollars ($750,000) for the 87" Street Improvements, which obligation shall be separate and apart from the Developer's obligation to make the Voluntary Contribution pursuant to the Development Agreement. All of the'foregoing improvements shall be completed on or before the date of issuance of the certificate of occupancy for the Project, as such term is defined in the Development Agreement. During construction of the 87th Street Improvements Developer shall be permitted to restrict access to the City and the public as is reasonably necessary for safety and in order to efficiently complete the 87th Street Improvements. 3. Maintenance and Restoration. Developer shall, at its cost, perform daily sweeping of leaves from the City Property as needed and perform pressure cleaning of the City Property as needed. The maintenance ro am shall be consistent with the City's Cleanliness Index and p �' Y Miami Beach Grounds Maintenance Service standards. Developer shall ensure that the City Property provides a continuous level walking surface that is compatible with the concrete sidewalk located along Collins Avenue. Developer shall bear all costs of restoring the City Property following a necessary and permitted utility cut for replacement, construction or maintenance work of utilities or a major natural disaster; provided, however, that any art pieces provided by Developer shall not be required to be replaced or restored following a natural disaster. Upon notice from the City, the Developer shall have thirty (30) days to commence undertaking any necessary restoration work. This time period may be reasonably extended by the City to account for the impact of permitting delays, unanticipated delays caused by utility providers, and/or Acts of God (including, but not limited to, fire, flood, earthquake, storm, hurricane or other natural disaster). If the restoration work is not complete in the timeframe established in this paragraph, the City may, at its sole option, take action to complete.the restoration work. The City's actual costs for the restoration work shall be reimbursable to the City by Developer. 4. Developer Use of City Property. Developer shall be permitted to utilize the City Property for the following purposes: (a) pedestrian and vehicular (subject to obtaining all applicable permits and approvals) access to and from the Developer's Property; (b) sidewalk cafe seating; 285976/4/TAMPA (c) City-approved special events, as long as public pedestrian access across the City Property is not adversely affected; and (d) Encroachment of balconies on the City Property. The execution of this Agreement following the necessary City Commission review shall constitute a grant of all easements necessary for the Developer's approved used of the City Property. 5. Public Use of City PropertL. The City shall not allow the use of the City Property, other than by members of the general public (for public purposes consistent with the public's use of the City Property as a pedestrian plaza providing access to and from the Atlantic Ocean beach and North Shore Open Space Park), without prior written notice to and coordination with Developer. In addition to use by the general public for public purposes, the aforestated restriction on the use of the City Property (or any portion thereof) shall also not apply to public or third party uses in conjunction with the following: (a) any City issued and/or approved film and print permit or artist vendor and/or street performer permit; (b) any City and/or City sponsored special event; or (c) any exercise of constitutionally protected First Amendment rights of free speech and/or assembly. The City or third parties who use the City Property fog such public or third party uses shall be responsible for paying for all costs and expenses in connection with such use of the City Property. 6. Hours of Access. The City Property shall generally be open to the public and/or guests or invitees of the Developer from sunrise to sunset daily. Access to the City Property during a City-approved special event shall be governed by the conditions of the permit. 7. Cooperation. Should any claims, demands, suits or other legal proceedings be made or instituted by any person against the City or Developer which arise out of the matters relating to this Agreement, Developer or the City shall provide the other party all pertinent information and reasonable assistance, in the defense or other disposition thereof. 8. Recording and Term. This Agreement shall be recorded in the Public Records of Miami-Dade County, Florida, at the cost of the Developer. The obligations associated with the installation of improvements in Paragraph 2 shall terminate upon the City's acceptance of the improvements through the opening of the pedestrian access to the public. The easement, security, and maintenance obligations in Paragraphs 3, 4, 5, and 6 shall remain in full force and effect and shall be binding upon the parties, their successors in interest and assigns for an initial period of ten (10) years from the date this instrument is recorded in the public records, and shall be automatically extended for successive periods of one (1) year, unless modified, amended, terminated or released prior to the expiration of such period or if within a one-year renewal term, the City may terminate this Agreement at any time upon at least thirty (30) days advance written notice. Provided, however, upon termination of this Agreement the City shall grant the Developer an easement for any encroachment of balconies as described in Paragraph 4(d) above. 285976/41TAMPA 9. Default. (a) If Developer breaches its obligations as specified herein (and same are not waived in writing by the City), then the City shall give Developer written notice specifying the nature of the default and Developer shall have thirty(30) days after receipt of such notice within which to cure the specified default; provided, however, if the nature of such default is such that the same cannot reasonably be cured within such thirty (30) day period, Developer shall not be deemed to be in default if Developer shall, within such period, commence such cure and thereafter diligently prosecute the same to completion; provided further, however, that the maximum cure period for any default hereunder shall not exceed ninety (90) days from the date of the initial written notice of default from the City to Developer. If the default is not cured within the applicable cure period, or if Developer becomes the subject of any bankruptcy or insolvency proceeding, then the City may, on written notice to Developer, terminate this Agreement. (b) If the City breaches its obligations as specified herein (and same are not waived in writing by Developer), then Developer shall give the City written notice specifying the nature of the default and the City shall have ten (10) days after receipt of such notice, in the case of a monetary default, or thirty (30) days after receipt of such notice, in the case of a non- monetary default, within which to cure the specified default; provided, however, if the nature of such default is such that the same cannot reasonably be cured within such thirty(3 0) day period, the City shall not be deemed to be in default if the City shall, within such period, commence such cure and thereafter diligently prosecute the same to completion; provided further, however, that the maximum cure period for any default hereunder shall not exceed ninety (90) days from the date of the initial written notice of default from Developer to the City. If the default is not cured within the applicable cure period, then Developer may, on written notice to the City, terminate this Agreement. 10. Representations and Warranties by the City. The City represents and warrants to Developer that (a) the City has all necessary power to execute and deliver this Agreement and perform all its obligations hereunder, (b) this Agreement has been duly authorized by all requisite action on the part of the City and is a valid and legally binding obligation of the City enforceable in accordance with its terms, and (c) neither the execution and delivery of this Agreement by the City nor the performance of its obligations hereunder will result in the violation of any law, rules or regulations or any other agreement to which the City is a party or is otherwise bound. 11. Representations and Warranties by Developer. Developer represents and warrants to the City that (a) Developer is a limited liability company duly organized, validly existing and in good standing under the laws of the State.of Florida, is authorized to transact business under the laws of the State of Florida and has all necessary power to execute and deliver this Agreement and perform all its obligations hereunder, (b) this Agreement has been duly authorized by all requisite action on the part of Developer and is a valid and legally binding obligation of Developer enforceable in accordance with the terms, and (c) neither the execution and delivery of this Agreement by Developer nor the performance of its obligations hereunder will result in the violation of any provision of its articles of incorporation or any other organizational or governing document as amended to date, or will conflict with (i) any law or 285976/41TAMPA any order or decree of any court or governmental instrumentality having jurisdiction or (ii) any other agreement to which Developer is a party or is otherwise bound. 12. Assignment. This Agreement and all rights hereunder, shall not be assignable by either Developer or the City without prior written consent of the other, except that Developer shall be permitted to assign this Agreement to an entity controlling, controlled by or under common control with Developer, a successor in interest to the Developer's Property, or a homeowners' or condominium association created to maintain common areas on the Developer's Property. 13. Successors and Assigns. This Agreement shall inure to the benefit of, and be binding upon, the parties hereto and their respective successors and assigns. 14. Notice. All notices, demands, requests, consents and-approvals which may, or are required to, be given by any party to any other party thereunder shall be in writing and either(a) personally delivered, (b) transmitted by fax, (c) sent by United States mail, registered or certified, postage prepaid, return receipt requested, or (d) sent by a nationally recognized overnight delivery service, freight prepaid, return receipt requested, and addressed as follows, and shall be deemed given upon receipt if delivered personally, upon the sending machine printing a confirmation of transmission, if transmitted by fax, or upon the date of delivery (or refusal to accept delivery) on a business day (or the next succeeding business day, if not delivered on a business day), as evidenced by the return receipt if sent pursuant to subsection (c) or (d) above, at the address specified below, or to such other addresses as either party may from time to time designate in writing and delivery in a like manner. Notice given by an attorney for either party shall be deemed as effective notice given by such party. The City: City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Attn: City Manager Fax: (305) 673-7782 With a copy to: City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Attn: City Attorney Fax: (305) 673-7002 and City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Attn: Eric Carpenter, Public Works Director Fax: (305) 673-7028 and Squire Patton Boggs (US) LLP 201 North Franklin Street, Suite 2100 Tampa, Florida 33602 285976/4/TAMPA J_� Attn: Stacy Krumin, Esq. Fax: (813) 202-1313 Developer: 8701 Collins Development, LLC c/o Terra Group 2675 S. Bayshore Drive Miami, FL 33133 Attn: David Martin With a copy to: Jeffrey Bercow, Esq. Bercow Radell & Fernandez, P.A. 200 S. Biscayne Blvd. Suite 850 Miami, Florida 33131 15. Insurance; Bonding. (a) City Election to Self-Insure. The City has elected to self-insure the City Property against physical damage and against liability for loss, damage or injury to property or persons that might occur on the City Property or to the improvements located on the City Property. (b) Developer's Insurance. Developer shall obtain and maintain a liability insurance policy in the covered amount of at least $1,000,000 per incident, $2,000,000 in the aggregate, to provide compensation for personal injuries or related claims stemming from any error, omission, negligence, or misconduct on the part of the Developer, or any of its respective officers, agents, servants, employees, contractors in the installation or maintenance of the improvements on the City Property. (c) Developer shall furnish, or shall cause its contractor to furnish, prior to commencement of any of the work contemplated by this Agreement, a payment and l performance bond of the form and containing all the provisions set forth in this Section. Payment and performance bonds shall be in the form of dual obligee bonds from the Developer and/or contractor (if Developer is not self-performing) in the full amount of the cost of the 87th Street Improvements, naming the City and Developer (if applicable) as dual obliges and shall guarantee to the City the completion and performance of the 87th Street Improvements as well as full payment of all suppliers, material persons, laborers, or subcontractors employed therefor. Such bond(s) shall continue in effect for one year after completion and acceptance of the 87th Street Improvements. The surety company shall have at least the following minimum ratings in the latest revision of Best's Insurance Report Amount of Bond Ratings Cate ory 50001 to 1,020,000 B+ Class I 1,020,001 to 2,000,000 B+ Class II 2,000,001 to 5,000,000 A Class III 285976/4/TAMPA 16. Indemnification by Developer. Developer shall indemnify, hold and save the City, and its officers, agents, contractors, and employees, whole and harmless and, at City's option, defend same (using legal counsel reasonably acceptable to City), from and against all claims, demands, actions, damages, loss, cost, liabilities, expenses, and judgments of any nature recovered from or asserted against City on account of injury or damage to person(s) or property, to the extent that any such damage or injury may be incident to, arise out of, or be caused, either proximately or remotely, wholly or in part, by any act, error, omission, negligence, or misconduct on the part of Developer, or any of their respective officers, agents, servants, employees, contractors in the installation or maintenance of the improvements or any other use of the City Property by Developer. Developer ,shall and will pay all costs and expenses, including reasonable attorney's fees and court costs, incurred by or imposed upon the City by virtue of any litigation brought by third parties against the City, including appeals, alleging injury or damage to person(s) or property due to the installation or maintenance of the improvements or any other use of the City Property by Developer. 17. Partial Invalidity. In the event that any one or more of the phrases, sentences, clauses, or paragraphs contained in this Agreement shall be declared invalid by final and unappealable order, decree, or judgment of any court, this Agreement shall be construed as if such phrases, sentences, clauses, or paragraphs had not been inserted in this Agreement, it being intended by the parties that the remaining provisions of this Agreement shall remain in full force and effect notwithstanding such invalidation. 18. No Joint Venture. It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership,joint venture, limited liability company or other arrangement between the City and Developer other than that of owner and independent contractor. No term or provision of this Agreement is intended to be, or shall be, for the benefit of any person not a party hereto, and no such other person shall have any right or cause of action thereunder. 19. Governing Law. This Agreement and the rights of the parties hereto shall be governed and construed in accordance with the laws of the State of Florida and all claims related to this Agreement shall be brought and prosecuted in Miami-Dade County, Florida, which shall be the exclusive venue for all such matters. Before resorting to litigation, the parties agree to use commercially reasonable, good faith efforts to resolve disputes without litigation as hereinafter provided. In the event of a dispute which the parties cannot resolve directly between themselves within ten (10)'days, the parties agree to submit to non-binding mediation for up to a period of thirty (30) days after either party sends written notice to the other party demanding mediation (but no longer unless the parties mutually agree) to resolve the dispute using an independent, trained mediator agreed to by both parties. If the dispute remains unresolved after such thirty (3 0) day period or if the parties cannot agree upon a mediator within fifteen (15) days after the demand for mediation, either party may proceed to commence litigation. The parties shall equally split the cost of the mediator. 20. Enforcement. In the event of any dispute under this Agreement concerning the meaning or interpretation of any provision of this Agreement, the party not prevailing in such dispute shall pay any and all costs and expenses reasonably incurred by the other party in 285171141TAMPA enforcing or establishing its rights thereunder, including, without limitation, court costs and reasonable attorney's fees before and at trial and through all appellate levels. 21. Entire Agreement. This Agreement constitutes the entire agreement between the City and Developer with respect to the subject matter hereof, and supersedes and replaces all prior or contemporaneous discussions, negotiations, letters, memoranda or other communications, oral or written, with respect to the subject matter hereof. This Agreement may only be subsequently modified or amended in a writing signed by both the City and Developer. 22. Amendments. No change, amendment or modification of this Agreement shall be valid or binding upon the parties hereto unless such change, amendment, or modification shall be in writing and duly executed by all parties hereto. - 23. No Waiver. Any -waiver by any party of a breach of any provision of this - Agreement shall not operate as, or be construed to be, a waiver of any other breach of such provision or of any breach of any other provision of this Agreement. The failure of a party to insist upon strict adherence to any .term of this Agreement on one or more occasions shall neither be considered a waiver nor deprive that party of any right thereafter to insist upon strict adherence to that term or any other term of this Agreement. Any waiver must be in writing and signed by the party to be charged therewith. 24. Waiver of Jury Trial. The parties to this Agreement hereby agree not to elect a trial by jury of any issue triable of right by jury, and waive any right to trial by jury fully to the extent that any such right shall now or hereafter exist with regard to this Agreement or any action or proceeding in which more than one of such parties may be involved. This waiver of right to trial by jury is given knowingly and voluntarily by the parties hereto, and is intended to encompass individually each instance and each issue as to which the right to trial by jury would otherwise accrue. The parties hereto are each hereby authorized to file a copy of this paragraph in any proceeding as conclusive evidence of this waiver. 25. Corporate Obligations. It is expressly understood that this Agreement and the obligations issued hereunder are solely corporate obligations, and that no personal liability will attach to, or is or shall be incurred by, the incorporators, stockholders, officers, directors, elected or appointed officials (including, without limitation, the Mayor and City Commissioner of the City) or employees, as such of Developer, any of any successor corporation or any of them, under or by reason of the obligations, covenants or agreements contained in this Agreement or implied therefrom; and that any and all such personal liability, either at common law or in equity or by constitution or statute, of, and any of all such rights and claims against, every such incorporator, stockholder, officer, director, elected or appointed official (including, without limitation, the Mayor and City Commissioner of the City) or employee, as such, or under or by reason of the obligations, covenants or agreements contained in this Agreement or implied therefrom are expressly waived and released as a condition of, and as consideration for, the execution of this Agreement. 26. Counterparts; Facsimile. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. A facsimile signature shall be deemed for all purposes to be an original. 285976/4/TAMPA I IN WITNESS WHEREOF, the undersigned has caused this Agreement to be executed as of the date set forth above. Witnesses: THE OWNER 8701 COLLINS DEVELOPMENT, LLC a Florida limited liability company Sign Name: Print Name: �tJi�'�u�/r B D id Martin , Manager Sign Name: Print Name: �i �'S' STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE ) 'I The foregoing instrument was acknowledged before me this `� day f N®V., 2014 g g g Y by David Martin, as manager of 8701 COLLINS DEVELOPMENT, LLC a Florida limited liability company, on behalf of the company. He is personally known to me or has produced -Tq CA as identification. ej V i Ve r I C'e-0 se Z( NOTARY PUBLIC 11103;-61 ) 671 Q i'7 S(� Typed or Printed Name of Notary My Commission Expires: Serial No., if any: � VP ,,, DINORAN ALONSO Notary Public-State of Fiorida • My Comm.Expires Sep 18,2018 Commission 8 FF 125324 TP h iai0W Notary►Assn. 285976/4/TAMPA Witnesses: CITY OF MIAMI BEACH, FLOR1QA, a municipal corporation Sign Nai e: By: Mayor Print NameSG YVNC\n Sign Na Print Name:\1-'z'� G`Y\CkV0 I/\G(C ATTEST: B I ` City Clerk � ? = STATE OF FLORIDA COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this 2,5 day of V ; 2014 by Philip Levine, as mayor of the City of Miami Beach, Florida, a Florida municipal corporation, on behalf of the City. He is personally known to me or has produced as identification. N Y PUBLIC LAMA HERNANDEZ L ei.- o�`Y P�eG MY COMMISSION#FF025489 ' EXPIRES:JUN 09,2017 Typed or Printed Name of Notary Bonded through 1st state Insurance My Commission.Expires: Serial No., if any: APPROVED AS TO FORM & LANGUAGE & , R EXECUTION 285976/4/TAMPA City Attorney DC.te