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Settlement Statement with South Beach Bayside Condominium Association I, Inc. 101Z-,) -01 q,5-1Y(( P-017.-(47(7? Settlement Statement Grantee: City of Miami Beach, a Florida municipal corporation 1700 Convention Center Drive, 4th Floor,Miami Beach,Florida 33139 Grantor: South Beach Bayside Condominium Association I,Inc.,a Florida not for profit corporation C/O Lynx Property Services 12485 SW 137 Avenue, Suite 309,Miami,Florida 33186 Property Location: 3101 Indian Creek Drive,Miami Beach,Florida 33140 (See Exhibit A attached) Date: 11/4,kct, 1p_, 2017 Settlement Agent: Suzanne A. Dockerty,P.A. 110 Merrick Way, Suite 3B, Coral Gables,Florida 33134 Grantee Settlement Fees: Title Search Reports and Updates: $250.00 Title Insurance Premium($171,220): $ 931.50 Settlement Fee: $ 500.00 Clerk of Court Recording Fee: Quit Claim Deed with Easement Agreement: $ 78.00 Documentary Stamp Tax: $ 1.05 Easement Agreement: $ 61.00 Documentary Stamp Tax: $ 1.05 Partial Release of Security Agreement: $ 27.00 Wire Transfer Fee/FedEx: $ 75.00 Total Grantee Settlement Fees: $1,924.60 I have carefully reviewed the Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on account of this transaction. Grantee: City of Mia Beach, a • 'da municipal corporation By: --...''e- Print iPrint Name/ le: �9 4 ��_'�\ A*�r'O�v '<.. fo an. anguage for Execution •, *'.. .,:,,, If Cer''.— 'I�1CO [' /' r(0b 8 ' athel C.Granado,City Clcrk \.... .• 1,i ` South Both B4ysIc#e os iontiniw .ss-o i tiOtt. t'lant.a nut.for prolit. or:gaol re t 2 This instrument was prepared by and after recording should be returned to: Raul J.Aguila, City Attorney City of Miami Beach, Florida 1700 Convention Center Drive Miami Beach, Florida 33139 A portion of Folio No.:02-3226-035-0001 Reserved for Clerk of Court QUIT-CLAIM DEED AND EASEMENT AGREEMENT THIS QUIT-CLAIM DEED, made as of this day of fpr i I , 2017 (the Effective Date), by SOUTH BEACH BAYSIDE CONDOMINIUM ASSOCIATION I, INC., a Florida not for profit corporation,whose address is 3101 Indian Creek Drive, Miami Beach, Florida, 33140 ("First Party"), to the City of Miami Beach, a Florida municipal corporation, whose address is 1700 Convention Center Drive, Miami Beach, Florida 33139("Second Party"): (Wherever used herein the terms First Party and Second Party shall include singular and plural, heirs, legal representatives, and assigns of individuals, and the successors and assigns of corporations, wherever the context so admits or requires).' WHEREAS, First Party wishes to sell the Property, as more particularly described herein, to Second Party, which Property has an adjoining seawall that is in disrepair, and Second Party is authorized to accept title to the Property and undertake the necessary repairs to the adjoining seawall, as authorized pursuant to City of Miami Beach Resolution No. 2017- 29749. WITNESSETH, that the said First Party, for and in consideration of the sum of Ten Dollars and other good and valuable consideration ($10.00) in hand paid by the said Second Party, the receipt whereof is hereby acknowledged, does hereby remise, release and quit-claim unto the said Second Party forever, all the right, title, interest, claim and demand which the said First Party, has including imposition of association assessments, dues, or fees of any kind, whether regular or special, in and to the following described land, situate, lying and being in Miami-Dade County, Florida, (the Property")and legally described as follows: Outlots opposite,Lots 13 and 14 of Block 16, as the same is shown on Map or Plat of The Ocean Front Property of the Miami Beach Improvement Company, as recorded in Plat Book 5, Page 7 and 8, of the Public Records of Miami-Dade County, Florida, as further described as follows, to wit: BEGINNING at the intersection of the North Line of Seventh Street (now known as 31st Street) and the West line of Indian Creek Drive, as shown in Plat Book 5, Pages 7 and 8 of the Public Records of Miami-Dade County, Florida;thence North along the west line Indian Creek Drive to the intersection of said West Line and the North Line of said Lot 13 projected Westerly, thence West parallel to the North Line of Seventh Street (now known as 31st Street) along the North Line of said Lot 13 projected Westerly to the waters of Indian Creek, thence South along the waters of Indian Creek to the North line of Seventh Street (now known as 31st Street); thence East along the North Line of Seventh Street (now known as 31st Street) to the Point of 1 Beginning, being`the premises adjacent to said Lots 13 and 14 of Block 16 above described, situated between Indian Creek Drive and Indian Creek. Also known as Commercial Unit 1 under the Declaration of Condominium of South Beach Bayside Condominium I, recorded in O.R. Book 16422, Page 1258 as amended. TO HAVE AND TO HOLD the same together with all the tenements, hereditaments and appurtenances thereunto belonging. The First Party reserves for itself, its successors and assigns a perpetual, non-exclusive easement of ingress and egress in, over, on, and through the Property, specifically for the benefit of First Party's property (as defined in the Easement,.Agreement), pursuant to the terms and conditions set forth in the Easement Agreement, incorporated herein by reference and attached hereto as Exhibit W. IN WITNESS WHEREOF, the said First Party has signed and sealed these presents the day and year first above written. Signed,sealed and delivered in the presence of SOUTH BEACH BAYSIDE CONDOMINIUM ASSOCIATION I, INC. a Florida not for profit corporation Witne ses: bi ' ////�,L,� By: AM (c), — li.lt a E t./ i � � k). Co lie Print 2 Print Name: reef- I �� Title: Print Name: STATE OF FLORIDA ) ) ss: COUNTY OF MIAMI-DADE ) he foregoing instrument was acknowledged before this `(r day of A k ,2017 by <e). , as , on behalf of SOUTH BEACH BAYSIDE CONDOMINIUM ASSOCIATION I, INC, a Florida not for profit corporation, who is personally known to me or who has produced (las identification. 7 :12 My Commission Expires: Notary Public, State of Florida �ot�`r au�ic ROBERT H.YAFFE MY COMMISSION#FF 997410 2 * ,.i EXPIRES:July 26,2020 N9rF0iPLb� ea7hruBudgetNotatlSams Exhibit"A" Easement Agreement This Easement Agreement ("Easement Agreement") is made this day of , 2017, by and between the City of Miami Beach, a Florida municipal corporation, whose address is 1700 Convention Center Drive, Miami Beach, Florida 33139 (the "City") and South Beach Bayside Condominium Association I, Inc., a Florida not for profit corporation, whose address is 3101 Indian Creek Drive, Miami Beach, Florida, 33140("Company")(the City or Company may be referred to herein individually as a"party"or collectively as"parties"); WHEREAS, the City is the owner of that land, situate, lying and being in Miami-Dade County, Florida ("City's Property") legally described as: Outlots opposite Lots 13 and 14 of Block 16, as the same is shown on Map or Plat of The Ocean Front Property of the Miami Beach Improvement Company, as recorded in Plat Book 5, Page 7 and 8, of the Public Records of Miami-Dade County, Florida, as further described as follows, to wit: BEGINNING at the intersection of the North Line of Seventh Street (now known as 31st Street) and the West line of Indian Creek Drive, as shown in Plat Book 5, Pages 7 and 8 of the Public Records of Miami-Dade County, Florida; thence North along the west line Indian Creek Drive to the intersection of said West Line and the North Line of said Lot 13 projected Westerly, thence West parallel to the North Line of Seventh Street (now known as 31st Street) along the North Line of said Lot 13 projected Westerly to the waters of Indian Creek, thence South along the waters of Indian Creek to the North line of Seventh Street (now known as 31st Street) thence East along the North Line of Seventh Street (now known as 31st Street) to the Point of Beginning, being the premises adjacent to said Lots 13 and 14 of Block 16 above described, situated between Indian Creek Drive and Indian Creek. Also known as Commercial Unit 1 under the Declaration of Condominium of South Beach Bayside Condominium I, recorded in O.R. Book 16422, Page 1258 as amended. WHEREAS, the Company is the owner of that land, situate, lying and being in Miami- Dade County, Florida ("Company's Property") legally described as: Lots 7, 8, 10-13 and 14 in Block 16, Ocean Front Property of the Miami Beach Improvement Company according to the plat thereof, as recorded in Plat Book 5 Pages 7 and 8, of the Public Records of Miami-Dade County, Florida. WHEREAS, Company desires to preserve a perpetual, non-exclusive easement for ingress and egress on, in and over the City's Property, with the exact location(s) to be determined at a future date, in connection with any future development of Marine Related Uses, as defined in Section 3, which uses are anticipated to be developed adjacent to or near the seawall adjacent to the City's Property, specifically for the benefit of Company's Property; WHEREAS, the City has the authority and capacity to grant the perpetual, non-exclusive easement granted herein pursuant to City of Miami Beach Resolution Number 2017-29749; WHEREAS, the City Manager as referenced in this Easement Agreement shall mean the chief executive officer of the City or such person(the City Manager's designee) as may from time to time be authorized in writing by such administrative official to act for him/her with respect to any or all matters pertaining to this Easement Agreement. NOW THEREFORE, in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The above recitals are true and correct and are incorporated herein as part of this Easement Agreement. 2. the City does hereby grant to Company, its successors and assigns, a perpetual, non- exclusive easement for ingress and egress in, over, on, and through the City's Property, for the benefit of the Company Property, in connection with the construction, operation and maintenance of Marine Related Uses and subject to the terms and conditions set forth herein. 3. As referred to herein, Marine Related Uses shall include water transportation stops, wet dockage for pleasure craft, kiosks, walkways and decks, the operation of watercraft rental, and other similar improvements and activities associated with the use of the waterway. 4. Company will have the right to construct, maintain and operate, at its sole cost and expense, improvements in connection with a Marine Related Use ("Marine Improvements"). All Marine Improvements shall require the City Manager's prior written consent, which consent shall not be unreasonably withheld; provided that: (1) Company is in good standing under the terms of this Easement (including payment of any invoices issued pursuant to Section 6 herein); and (2) the proposed Marine Improvement: (i) does not interfere with the use of the City's Property for a public purpose; (ii) does not pose a public health, safety or welfare risk; or(iii)does not pose a risk of damage to the improvements at the City's Property, which City improvements may include, but are not limited to,the seawall/retaining wall,utilities, or other City improvements. 5. All approved Marine Improvements shall be constructed, operated and maintained in compliance with all applicable regulations of the Federal, State, County, City of Miami Beach Code of Ordinances, and any other regulations governing the Marine Related Use (collectively, "Laws"). Following completion of any Marine Improvement, Company, at its sole cost and expense, shall have the sole responsibility for repairing and maintaining the Easement Area and the Marine Improvements, including any surrounding area, which may include the seawall, if applicable. Company shall provide the same level of maintenance for the Easement Area and Marine Improvements as the City currently provides for similar areas and similar improvements, but at minimum, the Marine Improvements shall be maintained and operated in a safe, clean and orderly manner. 6. Should Company fail to maintain the Easement Area or any Marine Improvements constructed in connection with any Marine Related Uses, upon receipt of thirty (30)days written notice from the City, and Company's failure to remedy the condition to the City Manager or City Manager's designee's satisfaction, the City may, but without an obligation to do so, undertake Company's repair obligation and Company shall reimburse the City for said expense within thirty {30) days from presentment of the invoice. Any unpaid invoices shall accrue interest at the rate of one percent (1%) per month until paid. 7. Subject to the limitations set forth in Section 4, Company shall have the right to access any portion of the City's Property which may be reasonably necessary to grant Company 4 access to the Marine Improvements or in connection with the operation of the Marine Related Use. Upon the City approving a Marine Improvement, the parties shall execute an amendment to this Easement Agreement, attaching a sketch of the Marine Improvement and the legal description of the easement area ("Easement Area"), describing the location of the Marine Improvement and access locations at the City's Property for ingress and egress related to the Marine Improvement or Marine Related Use. 8. The City shall not withhold or obstruct Company's access to the Easement Area through the installation of a fence or other similar means; except as may be necessary in connection with any repairs or improvements to the City's Property, such as the installation of a new seawallretaining wall; or as may be necessary for the health, safety, or welfare of the general public. 9. The Easement may be modified, amended, or released as to any portion of the Easement by a written instrument executed by both parties hereto or their successors or assigns, providing that same has been approved by the City Commission. 10. It is understood and agreed that any City official has the right to enter and investigate the use of the Property,to verify compliance with the conditions of this Easement Agreement or any applicable Laws. 11. Company, its employees, agents, servants, partners, principals or subcontractors (collectively, "Indemnifying Parties") shall indemnify and hold harmless the City, its officers, employees, agents and instrumentalities (collectively, 'Indemnified Parties") from any and all liability, losses or damages, including the costs of any suits, attorney's fees and other expenses in connection therewith, including trial and appeals therefrom, which the Indemnified Parties may incur as a result of claims, demands, suits, causes of action, or proceedings of any kind or nature arising out of, relating to, or resulting from the negligence of the Indemnifying Parties; use of the Easement Area or Marine Improvement;or in connection with the Maritime Related Use. 12. Insurance. a. Construction Insurance. Upon approval of a Marine Improvement by the City, but no later than the date Company secures all required governmental approvals to commence construction, Company shall purchase insurance, as may be requested by the City Manager or his designee, based upon insurance coverages customary for the construction of the approved Marine Improvement, which may include, without limitation, Builder's Risk insurance; Payment and Performance Bond for the value of the construction of the Marine Improvement and Commercial General Liability insurance for the Contractor, reflecting the City as an additional insured{collectively 'Construction Insurance"). b. Upon completion of the first approved Marine Improvement, Company shall secure and thereafter maintain, at all times, insurance covering the Easement Area and all completed Marine Improvements, as may be requested by the City Manager or his designee, based upon insurance coverages customary for the completed Marine Improvement, but in any event, Company shall maintain the following minimum insurance requirements: 1. Commercial General Liability: $1,000,000 per occurrence; $2,000,000 in the aggregate. 5 2. Property: Full replacement value for any completed Marine Improvements within the Easement Area. Such insurance policies shall name the City as an additional insured and loss payee thereunder; shall be written by insurance companies licensed to do business in Florida and with general policyholder rating of no less than A-and a financial rating of at least VII; and shall provide for waiver of subrogation. Company shall provide the City with a certificate of insurance evidencing said coverages. Company shall provide the City with written notice of any cancellation of coverage within two (2)days from receipt of any notification of cancellation to: The City of Miami Beach Attention of Risk Manager 1700 Convention Center Drive Miami Beach, Florida 33139 The City reserves the right to modify the insurance requirements, in the City Manager or his designee's reasonable discretion, based upon any change in the type or number of Marine Improvements constructed. 13.Any notices required or permitted to be given under this Easement shall be in writing and shall be deemed to have been given if delivered by hand, sent by recognized overnight courier(such as Federal Express) or mailed by certified or registered mail, return receipt requested, in a postage prepaid envelope, and addressed as follows: If to the City at: City of Miami Beach, City Hall 1700 Convention Center Drive Miami Beach, Florida 3313 Attention: City Manager With a copy to: City of Miami Beach, City Hall 1700 Convention Center Drive Miami Beach, Florida 3313 Attention: City Attorney If to Grantee at: South Beach Bayside Condominium Association I, Inc. do Lynx Property Services 12485 SW 127 Avenue, Suite 309 Miami, FL 33186 With a copy to: Notices personally delivered or sent by overnight courier shall be deemed given on the date of delivery and notices mailed in accordance with the foregoing shall be deemed given three (3) days after deposit in the U.S. mails. The terms of this Section shall survive the termination of this Easement Agreement. 14.Either party may bring an action, at law or in equity, to enforce the terms and conditions of this Easement Agreement against any party or person violating or attempting to 6 violate any provision of this Easement Agreement, either to restrain violations or to recover damages. 15.This Easement Agreement shall be enforceable in Miami-Dade County, Florida, and if legal action is necessary by either party with respect to the enforcement of any or all of the terms and conditions herein, exclusive venue for the enforcement of same shall be Miami-Dade County, Florida. This Easement 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 Easement 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 EASEMENT AGREEMENT, COMPANY AND THE CITY EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS EASEMENT AGREEMENT. 16. Entire Agreement. This Easement Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and arrangements, both oral and written. 17.City Representations. City covenants, warrants and represents (i) that City is the fee simple owner of the City's Property and has the right, title and capacity to grant the perpetual, non-exclusive easement granted herein, and (ii) there are no lienholders on the Easement Property. 18. Easements and Covenants Run with the Land. Each and all of the easements, covenants, obligations and rights granted or created under the terms of this Easement Agreement are appurtenant to the City's Property. The provisions hereof shall run with the land, shall be binding on the parties hereto, their successors and assigns, and shall inure to the benefit of Company's Property. [Signature Pages Follow] 7 Signed,witnessed, executed and acknowledged this day of , 2017. Signed,sealed and delivered in the presence of: South Beach Bayside Condominium Association. I, Inc.,a Florida not for profit corporation Witnesses: By: Print Name: Print Name: Title: Print Name: STATE OF FLORIDA ) ss: COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this day of , 2017 by .as , on behalf of South Beach Bayside Condominium Association. I, Inc., a Florida not for profit corporation, who is personally known to me or who has produced as identification. My Commission Expires: Notary Public, State of Florida Signed, witnessed, executed and acknowledged this day of , 2017. Signed, sealed and delivered in the presence of: City of Miami Beach, a Florida municipal corporation Witnesses: By: Jimmy L. Morales, City Manager Print Name: Attest: Print Name: Rafael E. Granado, Clerk STATE OF FLORIDA ) ) ss: COUNTY OF MIAMI-DAOE ) The foregoing instrument was acknowledged before me this day of , 2017 by Jimmy L. Morales and Rafael E. Granado, as City Manager and City Clerk, respectively, of the City of Miami Beach, a Florida municipal corporation, who are personally known to me or who have produced as identification. My Commission Expires: Notary Public, State of Florida 9 J:\DOCS\rea1\5024\5024-4\00191738.DOC. This instrument was prepared by and after recording should be returned to: Raul J. Aguila, City Attorney City of Miami Beach, Florida 1700 Convention Center Drive Miami Beach,Florida 33139 A portion of Folio No.:02-3226-035-0001 Reserved for Clerk of Court EASEMENT AGREEMENT `4h This Easement Agreement ("Easement Agreement") is made this 2. day of ra.a , 2017, by and between the City of Miami Beach, a Florida municipal corporation, whose)address is 1700 Convention Center Drive, Miami Beach, Florida 33139 (the "City") and South Beach Bayside Condominium Association I, Inc., a Florida not for profit corporation, whose address is 3101 Indian Creek Drive, Miami Beach, Florida, 33140 ("Company")(the City or Company may be referred to herein individually as a"party"or collectively as"parties"); WHEREAS, the City is the owner of that land, situate, lying and being in Miami-Dade County,Florida ("City's Property") legally described as: Outlots opposite Lots 13 and 14 of Block 18, as the same is shown on Map or Plat of The Ocean Front Property of the Miami Beach Improvement Company, as recorded in Plat Book 5, Page 7 and 8, of the Public Records of Miami-Dade County, Florida, as further described as follows,to wit: BEGINNING at the intersection of the North Line of Seventh Street (now known as 31st Street) and the West line of Indian Creek Drive, as shown in Plat Book 5, Pages 7 and 8 of the Public Records of Miami-Dade County, Florida; thence North along the west line Indian Creek Drive to the intersection of said West Line and the North Line of said Lot 13 projected Westerly, thence West parallel to the North Line of Seventh Street (now known as 31st Street) along the North Line of said Lot 13 projected Westerly to the waters of Indian Creek, thence South along the waters of Indian Creek to the North line of Seventh Street (now known as 31st Street) thence East along the North Line of Seventh Street (now known as 31st Street) to the Point of Beginning, being the premises adjacent to said Lots 13 and 14 of Block 16 above described, situated between'Indian Creek Drive and Indian Creek. Also known as Commercial Unit 1 under the Declaration of Condominium of South Beach Bayside Condominium I, recorded in O.R. Book 16422, Page 1258 as amended. WHEREAS, the Company is the owner of that land, situate, lying and being in Miami- Dade County, Florida("Company's Property")legally described as: Lots 7, 8, 10-13 and 14 in Block 16, Ocean Front Property of the Miami Beach Improvement Company according to the plat thereof, as recorded in Plat Book 5 Pages 7 and 8, of the Public Records of Miami-Dade County, Florida. WHEREAS, Company desires to preserve a perpetual, non-exclusive easement for ingress and egress on, in and over the City's Property, with the exact location(s) to be 1 determined at a future date, in connection with any future development of Marine Related Uses, as defined in Section 3, which uses are anticipated to be developed adjacent to or near the seawall adjacent to the City's Property, specifically for the benefit of Company's Property; WHEREAS, the City has the authority and capacity to grant the perpetual, non-exclusive easement granted herein pursuant to City of Miami Beach Resolution Number 2017-29749; WHEREAS, the City Manager as referenced in this Easement Agreement shall mean the chief executive officer of the City or such person (the City Manager's designee) as may from time to time be authorized in writing by such administrative official to act for him/her with respect to any or all matters pertaining to this Easement Agreement. NOW THEREFORE, in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The above recitals are true and correct and are incorporated herein as part of this Easement Agreement. 2. the City does hereby grant to Company, its successors and assigns, a perpetual, non- exclusive easement for ingress and egress in, over, on, and through the City's Property, for the benefit of the Company Property, in connection with the construction, operation and maintenance of Marine Related Uses and subject to the terms and conditions set forth herein. 3. As referred to herein, Marine Related Uses shall include water transportation stops, wet dockage for pleasure craft, kiosks, walkways and decks, the operation of watercraft rental, and other similar improvements and activities associated with the use of the waterway. 4. Company will have the right to construct, maintain and operate, at its sole cost and expense, improvements in connection with a Marine Related Use ("Marine improvements"). All Marine Improvements shall require the City Manager's prior written consent, which consent shall not be unreasonably withheld; provided that: (1) Company is in good standing under the terms of this Easement(including payment of any invoices issued pursuant to Section 6 herein); and (2) the proposed Marine Improvement: (1) does not interfere with the use of the City's Property for a public purpose; (ii) does not pose a public health, safety or welfare risk; or(iii)does not pose a risk of damage to the improvements at the City's Property, which City improvements may include, but are not limited to, the seawall/retaining wall, utilities, or other City improvements. 5. All approved Marine Improvements shall be constructed, operated and maintained in compliance with all applicable regulations of the Federal, State, County, City of Miami Beach Code of Ordinances, and any other regulations governing the Marine Related Use (collectively, "Laws"). Following completion of any Marine Improvement, Company, at its sole cost and expense, shall have the sole responsibility for repairing and maintaining the Easement Area and the Marine Improvements, including any surrounding area, which may include the seawall, if applicable. Company shall provide the same level of maintenance for the Easement Area and Marine Improvements as the City currently provides for similar areas and similar improvements, but at minimum, the Marine Improvements shall be maintained and operated in a safe, clean and orderly manner. 2 6. Should Company fail to maintain the Easement Area or any Marine Improvements constructed in connection with any Marine Related Uses, upon receipt of thirty(30)days written notice from the City, and Company's failure to remedy the condition to the City Manager or City Manager's designee's satisfaction, the City may, but without an obligation to do so, undertake Company's repair obligation and Company shall reimburse the City for said expense within thirty (30) days from presentment of the invoice. Any unpaid invoices shall accrue interest at the rate of one percent (1%) per month until paid. 7. Subject to the limitations set forth in Section 4, Company shall have the right to access any portion of the City's Propertywhich may be reasonably necessary to grant Company access to the Marine Improvements or in connection with the operation of the Marine Related Use. Upon the City approving a Marine Improvement, the parties shall execute an amendment to this Easement Agreement, attaching a sketch of the Marine Improvement and the legal description of the easement area ("Easement Area"), describing the location of the Marine Improvement and access locations at the City's Property for ingress and egress related to the Marine Improvement or Marine Related Use. 8. The City shall not withhold or obstruct Company's access to the Easement Area through the installation of a fence or other similar means; except as may be necessary in connection with any repairs or improvements to the City's Property, such as the installation of a new seawallhetaining wall; or as may be necessary for the health, safety, or welfare of the general public. 9. The Easement may be modified, amended, or released as to any portion of the Easement by a written instrument executed by both parties hereto or their successors or assigns, providing that same has been approved by the City Commission. 10. It is understood and agreed that any City official has the right to enter and investigate the use of the Property,to verify compliance with the conditions of this Easement Agreement or any applicable Laws. 11.Company, its employees, agents, servants, partners, principals or subcontractors (collectively, indemnifying Parties") shall indemnify and hold harmless the City, its officers, employees, agents and instrumentalities (collectively, "Indemnified Parties") from any and all liability, losses or damages, including the costs of any suits, attorney's fees and 'other expenses in connection therewith, including trial and appeals therefrom, which the Indemnified Parties may incur as a result of claims,demands, suits, causes of action, or proceedings of any kind or nature arising out of, relating to, or resulting from the negligence of the Indemnifying Parties; use of the Easement Area or Marine Improvement; or in connection with the Maritime Related Use. 12. Insurance. a. Construction Insurance. Upon approval of a Marine Improvement by the City,but no later than the date Company secures all required governmental approvals to commence construction, Company shall purchase insurance, as may be requested by the City Manager or his designee, based upon insurance coverages customary for the construction of the approved Marine Improvement, which may include, without limitation, Builder's Risk insurance; Payment and Performance Bond for the value of the construction of the Marine Improvement and Commercial General Liability 3 insurance for the Contractor, reflecting the City as an additional insured (collectively "Construction Insurance"). b. Upon completion of the first approved Marine Improvement, Company shall secure and thereafter maintain, at all times, insurance covering the Easement Area and all completed Marine Improvements, as may be requested by the City Manager or his designee, based upon insurance coverages customary for the completed Marine Improvement, but in any event, Company shall maintain the following minimum insurance requirements: 1. Commercial General Liability: $1,000,000 per occurrence; $2,000,000 in the aggregate. 2. Property: Full replacement value for any completed Marine Improvements within the Easement Area. Such insurance policies shall name the City as an additional insured and loss payee thereunder, shall be written by insurance companies licensed to do business in Florida and with general policyholder rating of no less than A-and a financial rating of at least VII; and shall provide for waiver of subrogation. Company shall provide the City with a certificate of insurance evidencing said coverages. Company shall provide the City with written notice of any cancellation of coverage within two (2)days from receipt of any notification of cancellation to: The City of Miami Beach Attention of Risk Manager 1700 Convention Center Drive Miami Beach, Florida 33139 The City reserves the right to modify the insurance requirements, in the City Manager or his designee's reasonable discretion, based upon any change in the type or number of Marine Improvements constructed. 13.Any notices required or permitted to be given under this Easement shall be in writing and shall be deemed to have been given if delivered by hand, sent by recognized overnight courier(such as Federal Express) or mailed by certified or registered mail, return receipt requested, in a postage prepaid envelope, and addressed as follows: If to the City at: City of Miami Beach, City Hall 1700 Convention Center Drive Miami Beach, Florida 3313 Attention: City Manager With a copy to: City of Miami Beach, City Hall 1700 Convention Center Drive Miami Beach, Florida 3313 Attention: City Attorney If to Grantee at: South Beach Bayside Condominium Association I, Inc. do Lynx Property Services 12485 SW 127 Avenue, Suite 309 Miami, FL 33186 4 With a copy to: Notices personally delivered or sent by overnight courier shall be deemed given on the date of delivery and notices mailed in accordance with the foregoing shall be deemed given three (3) days after deposit in the U.S. mails. The terms of this Section shall survive the termination of this Easement Agreement. 14. Either party may bring an action, at law or in equity, to enforce the terms and conditions of this Easement Agreement against any party or person violating or attempting to violate any provision of this Easement Agreement, either to restrain violations or to recover damages. 15.This Easement Agreement shall be enforceable in Miami-Dade County, Florida, and if legal action is necessary by either party with respect to the enforcement of any or all of the terms and conditions herein, exclusive venue for the enforcement of same shall be Miami-Dade County, Florida. This Easement 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 Easement 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 EASEMENT AGREEMENT, COMPANY AND THE CITY EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS EASEMENT AGREEMENT. 16. Entire Agreement. This Easement Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and arrangements, both oral and written. 17. City Representations. City covenants, warrants and represents (i) that City is the fee simple owner of the City's Property and has the right, title and capacity to grant the perpetual, non-exclusive easement granted herein, and (ii) there are no lienholders on the Easement Property. 18. Easements and Covenants Run with the Land. Each and all of the easements, covenants, obligations and rights granted or created under the terms of this Easement Agreement are appurtenant to the City's Property. The provisions hereof shall run with the land, shall be binding on the parties hereto, their successors and assigns, and shall inure to the benefit of Company's Property. [Signature Pages Follow] 5 Signed,witnessed, executed and acknowledged this � day of firy` , 2017. Signed,sealed and delivered in the presence of: South Beach Bayside Condominium Association. I, Inc,, a Florida not for profit corporation Witn- ses: • Ad) / /- By: (0, i Signed, witnessed, executed and acknowledged this 1 0 day of IN is 7 , 2017. Signed, sealed and delivered in the presence of: City of Miami Beach, a Florida municipal corporation Witnesses: , _attite-a) Q my L. srales, City Manager AL-SEA Print N. e: Attest (Zc i J if'`Yi � Ao / a<7 Print e: RafaeVE. Granado, Clerk STATE OF FLORUJA ) ) ss: COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this I G& day of tva v� , 2017 by Jimmy L. Morales and Rafael E. Granado, as City Manager and City Clerk, respectively, of the City of Miami Beach, a Florida municipal corporation, who are personally known to me or who have produced as identification. My Commission Expires: Ndthry Public, State of Florida J•Ty%s •, UL1A CARDILLO ' ' � = MY COMMISSION#FF 155322 =�'• EXPIRES:August 27,2018 '',0:04:e Bonded Thu Notary Puck Undenenters • ED AS TO 70 & •NGUAGE & FAR XECUTION �� Cor 7 City Attorney r ate J:\DOCS\real\5024\5024-4\00111738.00C. Closing Affidavit (Seller) Before me,the undersigned authority,personally appeared the undersigned("Affiant"),who being by me first duly sworn, on oath,depose(s)and say(s)that: 1. South Beach Bayside Condominium Association I,Inc.,a Florida not for Profit corporation ("Seller"),is the owner of and is selling the following described property to City of Miami Beach,a Florida municipal corporation("Buyer"), to wit: Outlots opposite Lots 13 and 14 of Block 16,as the same is shown on Map or Plat of The Ocean Front Property of the Miami Beach Improvement Company,as recorded in Plat Book 5,Page 7 and 8,of the Public Records of Miami-Dade County,Florida,as further described as follows,to wit: BEGINNING at the intersection of the North Line of Seventh Street(now known as 31st Street)and the West line of Indian Creek Drive,as shown in Plat Book 5, Pages 7 and 8 of the Public Records of Miami-Dade County,Florida; thence North along the west line Indian Creek Drive to the intersection of said West Line and the North Line of said Lot 13 projected Westerly,thence West parallel to the North Line of Seventh Street(now known as 31st Street)along the North Line of said Lot 13 projected Westerly to the waters of Indian Creek, thence South along the waters of Indian Creek to the North line of Seventh Street (now known as 31st Street) thence East along the North Line of Seventh Street(now known as 31st Street)to the Point of Beginning,being the premises adjacent to said Lots 13 and 14 of Block 16 above described,situated between Indian Creek Drive and Indian Creek. Also known as Commercial Unit 1 under the Declaration of Condominium of South Beach Bayside Condominium I, recorded in O.R.Book 16422,Page 1258 as amended. 2. The above described property is free and clear of all liens,taxes, encumbrances and claims of every kind, nature and description of record whatsoever,except for mortgage or mortgages, if any,described in the Deed and except for real estate and personal property taxes for the year 2017,which are not yet due and payable. 3. There have been no improvements,alterations,or repairs since acquisition by the Seller to the above described property for which the costs thereof remain unpaid, that there are no claims for labor or material furnished for repairing or improving the same,which remain unpaid since the acquisition by Seller,and that there are no mechanic's,materialmen's, or laborer's liens since acquisition by Seller against the above described property. 4. There have been no documents recorded in the Public Records of Miami-Dade County, Florida subsequent to February 26, 2017, which affect title to the Property and Seller has not entered into any contracts for the sale, disposition or leasing of the Property since said date except as may have been disclosed to SUZANNE A.DOCKERTY, P.A.in writing,and Seller has no knowledge of any matter affecting title to the Property. 5. The personal property contained in the buikling on said property,or on the said premises,and which,if any,is being sold free and clear of all liens, encumbrances, claims and demands whatsoever. The Seller knows of no violations of Municipal or County Ordinances pertaining to the above described property.No judgment or decree has been entered in any court in this State or the United States against said Seller which remains unsatisfied.There are no persons other than Seller in possession of the above described property. 6. Seller agrees that in the event the current real estate or personal property taxes vary in amount from the figures used in making the prorations used in closing the transfer and conveyance of the above described property to said buyers,then a new proration and a correct and proper adjustment will be made upon demand. 7. There are no matters pending against the Seller that could give rise to a lien that would attach to the property between the effective date of commitment and the recording of the interest to be insured. Seller has not and will not execute any instruments that would adversely affect the interest to be insured. 8. Seller's title to,and possession and enjoyment of,the property have been open,notorious,peaceable and undisturbed,and have never been disputed nor questioned. 9. There are no disputes concerning the boundary lines of the property,and the operation of any buildings on said property has been in compliance with the applicable building codes,ordinances and statutes. File Number:247174-7 DoubleTimee 10. Affiant has received no notice of any public hearing regarding assessment for improvements or changes in applicable zoning laws concerning said property within the past ninety(90)days. 11. There are no actions or proceedings now pending in any State or Federal Court to which the Seller is a party,including but not limited to,proceedings in bankruptcy,receivership or insolvency,nor are there any judgments,bankruptcies,liens or executions of any nature which constitute or could constitute a charge or lien upon said property. 12. There are no unrecorded easements,claims of easement or rights-of-way affecting all or any portion of the property. 13. Association presently has sufficient funds in reserve to pay for the improvements made or to be made pursuant to the Notice of Commencements recorded at O.R.30088,Page 4378 and 30753,Page 154,OR that the unit-owners have been assessed for said improvements and the assessment for the unit to be insured has been paid,OR that all improvements made under the specified notice of commencement have been paid for in full. 14. Seller understands that Section 1445 of the Internal Revenue Code provides that a Buyer of a United States real property interest must withhold tax if the Seller is a foreign person.To inform the Buyer that withholding of tax is not required upon purchase of the above described property,Seller certifies the following: a. Seller is not a nonresident alien individual,foreign corporation,foreign partnership,foreign trust or foreign estate for purposes of United States federal income taxation. b. Seller's U.S.Taxpayer Identification Number is 65-0596179. c. Seller's address is:Lynx Property Services,12485 SW 137 Ave,Suite 309,Miami,FL 33186. d. No other persons or entities have an ownership interest in the above described property. Seller understands the Buyer of the described property intends to rely on the foregoing representations in connection with the United States Foreign Investment in Real Property Tax Act.(FIRPTA).Seller understands this certification may be disclosed to the Internal Revenue Service by the Buyer and that any false statements contained in this certification may be punished by fine, imprisonment or both. Seller has the authority to sign this affidavit as either individual Seller or on behalf of an entity Seller.Under penalties of perjury,Seller states that this declaration was carefully read and is true and correct. 15. This affidavit is given for the purpose of clearing any possible question or objection to the title to the above referenced property and, for the purpose of inducing SUZANNE A. DOCKERTY, P.A. and Old Republic National Title Insurance Company to issue title insurance on the subject property, with the knowledge that said title companies are relying upon the statements set forth herein.Seller hereby holds SUZANNE A. DOCKERTY, P.A.and Old Republic National Title Insurance Company harmless and fully indemnifies same(including but not limited to attorneys' fees, whether suit be brought or not, and at trial and all appellate levels,and court costs and other litigation expenses)with respect to the matters set forth herein."Affiant","Seller"and"Buyer"include singular or plural as context so requires or admits. Seller further states that he/she is familiar with the nature of an oath and with the penalties as provided by the laws of the United States and the State of Florida for falsely swearing to statements made in an instrument of this nature. Seller further certifies that he/she has read,or heard read,the full facts of this Affidavit and understands its context. Under penalties of perjury,I declare that 1 have read the foregoing Affidavit and that the facts stated in it are true. South Beach Bayside Condominium Association 1,Inc. , 110 By: ii,. .1•el ohen,President (Corporate Seal) Closing Rf davii(Seller)-Page 2 File Number:247174-7 DoubleTimeo • State of Florida County of Miami-Dade r� I' The foregoing instrument was sworn to and subscribed before me this q day of March,2017 by Joel Cohen,President of South Beach Bayside Condominium Association I,Inc.,on behalf of the co 'ration. He/she LJ is personally known to me or[X]has produced a driver's license as identification. [Notary Seal] Notary ' blic Printed Name: R-- `' My Commission Expires: * oe( ROBERT H.YAFFE * _ * MY COMMISSION#FF 997410 u, 'uu Q EXPIRES:July 26,2020 4,o►t>. WM NI budget NMI Semen Closing davi!(Yelled-Page 3 file Number:241174-7 DoubteTlmem CORPORATE RESOLUTION OF SOUTH BEACH BAYSIDE CONDOMINIUM ASSOCIATION I, INC., A FLORIDA NOT FOR PROFIT CORPORATION The undersigned certifies that at a meeting of all of the directors of South Beach Bayside Condominium Association I, Inc., a Florida not for profit corporation held on March , 2017, the following resolution was duly adopted and voted, and it is in full force and effect and has not been rescinded or countermanded as of the date hereof: RESOLVED, that Joel Cohen, as President of South Beach Bayside Condominium Association I, Inc., a Florida not for profit corporation is hereby authorized and directed to execute and deliver any and all such instruments, agreements, deed, and such other documents and take such other action on behalf of South Beach Bayside Condominium Association I, Inc.as may be necessary or appropriate to close on the conveyance of a portion of 3101 Indian Creek Drive, Miami Beach, FL 33140 and easement all as described in the Quit Claim Deed and Easement Agreement attached hereto and made a part hereof, and to otherwise carry out the transaction contemplated by or to be taken by South Beach Bayside Condominium Association I, Inc. All documents shall be in such form as is deemed in the best interest of South Beach Bayside Condominium Association I, Inc. in the opinion of Joel Cohen,whose determination thereof shall be conclusive and final. FURTHER RESOLVED, That the Conveyance described herein does not constitute all or substantially all of the assets of South Beach Bayside Condominium Association I,Inc. 1 CERTIFIED TO this 1 day ofd 2017. South Beach Bayside Condominium Association I,Inc.,a Florida not for profit corpor tion &11/0`-- 14,R2 -) ey: fWitness%• e: 3hctr,r� 14c4? Joe Cohen,President 1 Witness Name: e U --