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HomeMy WebLinkAbout97-22398 Reso RESOLUTION NO. 97-22398 A RESOLUTION OF THE MAYOR AND THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AUTHORIZING THE CITY MANAGER TO EXECUTE A CONSENT TO AN ASSIGNMENT OF THE MARINA LEASE AGREEMENT OF THE MIAMI BEACH MARINA FROM TALLAHASSEE BUILDING CORPORATION TO MIAMI BEACH MARINA ASSOCIATES, LTD. AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A THIRD AMENDMENT TO SAID MARINA LEASE AGREEMENT. WHEREAS, the City of Miami Beach, Florida (the "City"), pursuant to Resolution No. 83- 17385, entered into a Lease Agreement dated June 24, 1983 (the "Marina Lease Agreement"), with Carner-Mason Associates, Ltd., a Florida limited partnership ("Carner-Mason"), pursuant to which Carner-Mason leased the Miami Beach Marina from the City for a term of thirty years with three ten year options to extend the Marina Lease Agreement; and WHEREAS, pursuant to Resolution No. 91-20377, the City and Tallahassee Building Corporation, a Delaware corporation ("TBC") entered into the First Amendment to Marina Lease Agreement, dated as of October 23, 1991 (the "First Amendment"), which, among other things, recognized TBC as the successor-in-interest to Carner-Mason with regard to the Marina Lease Agreement; and WHEREAS, pursuant to Resolution No. 94-21268, the City and TBC entered into the Second Amendment to Marina Lease Agreement, dated as of August 11, 1994 (the "Second Amendment"); and WHEREAS, TBC has notified the City that it plans to assign its interest in the Marina Lease Agreement to Miami Beach Marina Associates, Ltd., a Florida limited partnership ("MBMA"), the general partner of which is SoBe Marine, Inc., a Florida corporation, and the limited partners of which are Robert W. Christoph, Trustee of the Christoph Family Trust, and GDP Investment, Inc., a Florida corporation; and WHEREAS, the assignment of the Marina Lease Agreement from TBC to MBMA requires the consent of the City Manager; and WHEREAS, in conjunction with the assignment of the Marina Lease Agreement from TBC to MBMA, the City and MBMA have agreed that it is necessary and desirable to enter into a Third Amendment to Marina Lease Agreement (the "Third Amendment"). NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that: 1. The Consent to Assignment of Marina Lease Agreement is hereby approved and the City Manager is hereby authorized to execute it in substantially the form attached hereto. 2. The Third Amendment is hereby approved and the Mayor and the City Clerk are hereby authorized to execute it in substantially the form attached hereto. PASSED and ADOPTED this 21st day of May ATTEST: j1k J- P"" tL- CITY CLERK ./ APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION 11f!tl;(~ ~~J F:\A TTO\l.EVL IRESOLUTSIMARlN A97 .RES OFFICE OF THE CITY ATTORNEY ~ rlJIdomi 11mM F L o R o A MURRAY H. DUBBIN City Attorney Telephone: Telecopy: (305) 673-7470 (305) 673-7002 COMMISSION MEMORANDUM NO. 350.0, 1 TO: Mayor Seymour Gelber and DA TE: May 21, 1997 Members of the City Commission ( Murray H. Dubb;nA IA . . ~j, /k--- City Attorney , If t ~_. Jose Garcia-ped~osa ' L/ City Manager / .- RESOLUTI APPROVING EXECUTION OF CONSENT TO ASSIGNMENT OF THE MIAMI BEACH MARINA LEASE AGREEMENT AND EXECUTION OF A THIRD AMENDMENT TO SAID MARINA LEASE AGREEMENT FROM: SUBJECT: ADMINISTRATION RECOMMENDATION Approve the Resolution. BACKGROUND Since 1991, the lessee of the Miami Beach Marina (the "Marina"), has been Tallahassee Building Corporation ("TBC"), a subsidiary of Heller Financial, Inc. The City leases the Marina pursuant to a Lease Agreement dated June 24, 1983, as amended by a First Amendment to Marina Lease Agreement, dated as of October 23, 1991, and a Second Amendment to Marina Lease Agreement, dated as of August 11, 1994 (the "Marina Lease Agreement"). In March of this year, the City received notice that TBC intends to assign the Marina Lease Agreement to Miami Beach Marina Associates, a Florida limited partnership ("MBMA"). The general partner ofMBMA is SoBe Marina, Inc., whose President and sole shareholder is Robert W. Christoph. Mr. Christoph is presently the President of RCI, Inc., a Florida corporation, which is the current manager of the Marina. SoBe Marine, Inc. will own 1 % of MBMA, and the balance of that limited partnership will be owned by the Christoph Family Trust, Robert W. Christoph, Trustee (49%) and GDP Investments, Inc. (50%), a Florida corporation, the President and sole shareholder of which is Genaro Delgado Parker. AGENDAITEM~ DATE 5- 21-=.:11 1700 Convention Center Drive - Fourth Floor - Miami Beach, Florida 33139 Mr. Christoph will continue to be the individual who is primarily responsible for the operation of the Marina. The lease is being assigned for consideration of$II,650,000. Heller Financial, Inc., the sole shareholder of TBC, will receive $2,950,000 in cash from GDP Investments, Inc. and a note for $8,700,000, secured by a leasehold mortgage on the Marina, from MBMA. Staff has reviewed the personal financial statements of Mr. Christoph and various materials related to the operation and finances of the Marina, as well as information about Mr. Parker, and is satisfied that MBMA will be sufficiently capitalized to operate the Marina. In addition, staff has negotiated the following changes to the Marina Lease Agreement: 1. Under the Second Amendment to Marina Lease Agreement, the Marina is entitled to 150 parking spaces in the building known as the "Yacht Club," which is under construction immediately south of Rebecca Towers. Under an agreement with the developers of Portofino, the City is required to pay $10,000 to the Marina lessee for each parking space fewer than 150 in the event that 150 parking spaces are not provided. In the alternative, the City would have to provide 35 parking spaces on property at 4th Street and Alton Road on a long-term basis. The Yacht Club, as designed, will provide 115 parking spaces to the Marina, resulting in a payment by the City to the Marina lessee of $350,000. MBMA has agreed to waive this payment, provided that the Consent to Assignment of Marina Lease Agreement and the Third Amendment to Marina Lease Agreement (each of which is attached to the subject Resolution), are approved by the City Commission prior to May 22, 1997. 2. Under several different scenarios and configurations for parking, the Marina Lease requires the City to provide a total of 800 parking spaces to the Marina. MBMA has agreed to reduce that number to 715 parking spaces (plus sufficient parking spaces to meet the City's zoning requirements with respect to any new retail space in any garage which may be constructed on the Marina site). This will result in considerable savings to the City in the event that the City is required to construct a garage on the Marina site and has to lease temporary parking spaces in the immediate vicinity of the Marina, in order to meet the parking requirement of 715 parking spaces. 3. The City has agreed to make the small surface lot on the northeast corner of 4th Street and Alton Road available to the Marina on a temporary basis until the City pump station on the Marina site can be relocated. Approximately 20 parking spaces will be created. These will be used primarily by the Marina during nights and weekends for employee parking. MBMA will be responsible for maintenance of this lot and will be responsible for security during the times that it has use of the lot. 4. MBMA will cooperate with the City to create a new park and to create an appropriate pedestrian linkage to 4th Street or Alton Road from the proposed park substantially in the area that is shown on the sketch attached hereto, so long as north/south vehicular access is maintained in at least two locations along with the baywalk access, and the creation of such park does not reduce the total number of parking spaces below 715. The capital cost of said park and pedestrian linkage will be the City's responsibility, however, MBMA has agreed to maintain and secure the park as part of its Marina maintenance responsibility, so long as the park is constructed substantially as shown on the attached sketch and access to the park can be limited to the main Marina driveway access or the baywalk after sunset. Final design of the park will be subject to Mutually Acceptable Plans as defined in the Marina Lease Agreement. 5. MBMA will agree to work with the City to identify "excess" parking capacity at the Marina, and to make such excess parking available to the City whenever possible. Such arrangements will be subject to the City paying for any increased maintenance or security costs and will be subject to the approval of subtenants ofMBMA, if necessary. This may provide the City with additional parking. 6. MBMA will contribute $10,000 to the City for the installation of new trees and landscaping in the Marina and vicinity/neighborhood. ANALYSIS Staff has satisfied itself that the new entity, MBMA, is sufficiently capitalized to continue to operate the Marina in a satisfactory manner and that the changes to the Marina Lease Agreement which have been negotiated, as described above, will be beneficial to the City, particularly in the event that the City determines at a future date that it is necessary to build a parking garage on the Marina site pursuant to the Second Amendment to Marina Lease Agreement. In addition, the Agreement by MBMA to waive a provision ofthe parking agreement with Porto fino that requires a payment of $350,000 (because the number of parking spaces in the Yacht Club has been reduced from 150 to 115), will result in a $350,000 savings to the City. Additionally, the City has reduced its responsibility to provide 800 parking spaces to 715 spaces and will receive $10,000 for further beautification of the City. CONCLUSION The attached Resolution approves the execution of the Consent to Assignment of Marina Lease Agreement and approves a Third Amendment to Marina Lease Agreement which memorializes the provisions stated above and provides for several minor provisions to be amended as required by the Second Amendment to Marina Lease Agreement. It is in the best interest ofthe City that the attached Resolution be adopted by the City Commission. LAL/bfg~ THIRD AMENDl\.1ENT TO MARINA LEASE AGREEMENT This Third Amendment to Marina Lease Agreement ("Third Amendment") is made as of May 1--1, 1997 between the City of Miami Beach, a Florida municipal corporation (the "City"), and Miami Beach Marina Associates, Ltd., a Florida limited partnership. Recitals A. The City entered the Lease Agreement with Carner-Mason Associates, Ltd. ("Carner Mason") on June 24, 1983 (the "Lease"). B. Pursuant to a judgment of foreclosure, Tallahassee Building Corporation, a Delaware corporation, ("Tallahasseet') acquired the interest of Carner-Mason in the Lease on or about October 17, 1989. C. The City and Tallahassee entered into that certain First Amendment to Marina Lease Agreement dated October 23, 1991 (the "First Amendment") and the Second Amendment to the Marina Lease Agreement dated August 11, 1994 (the "Second Amendment") (collectively the Lease as amended by the First Amendment, the Second Amendment and the Third Amendment is hereafter referred to as the "Marina Lease"). D. Tallahassee has agreed to assign all of its right, title and interest in Marina Lease to Miami Beach Marina Associates, Ltd., a Florida limited partnership ("Marina Associates") subject to the City's consent to the assignment (the "Assignment"). SoBe Marine, Inc., a Florida corporation, whose President and sole shareholder is Robert W. Christoph, is the sole general partner of Marina Associates. E. The City has consented to the Assignment subject to the terms and conditions of this Third Amendment to the Marina Lease Agreement (the "Third Amendment"). MIAMI: F:\DOCS\CNM\RE\60003.1 :5/19/97 (3 :34pttl) F. The City and Marina Associates have agreed to make further amendments to the Marina Lease as provided by this Third Amendment. Terms 1. Recitals. The foregoing recitals are true and are made a part of this Agreement. 2. Defined Terms. Unless otherwise specifically defined in this Third Amendment, all capitalized terms used in this Third Amendment shall have the respective meanings ascribed to them in the First Amendment, the Second Amendment or the Lease, as applicable. 3. Amendments. The Second Amendment and the Marina Lease are hereby amended as follows: 3.1 Section 3.3, The Surface Parking Alternative, of the Second Amendment is hereby amended as follows: Section 3.3.1 is deleted in its entirety. Section 3.3.2 is amended to read as follows: 3.3.2. The Surface Parking Alternative shall include: a surface parking lot containing not less than one hundred fifteen (115) parking spaces reserved for users of the Marina on approximately the southerly one hundred eighty (180) feet less the westerly 25 feet thereof of Area 1 (the" Area 1 Parking"); and surface parking facilities located on Area 4 (the" Area 4 Parking"), including the MTAMI:F:\DOCS\CNM\RE\60003.1:SIl9/97 (3:34pm) -2- creation of approximately 28 additional parking spaces upon the removal, by the City, of the existing City pump station. Until such time as the City removes the existing pump station, the City shall improve and make the City owned parking lot located in the Northeast quadrant of the intersection of 4th Street and Alton Road (the "4th Street Lot") available to the Lessee for marina parking primarily during weekday afternoons and evenings and all day of weekends. Lessee shall have the right to secure the 4th Street Lot during the times it has the use of said lot for parking purposes. Section 3.3.4 is amended to read as follows: 3.3.4. In addition to the Lessee implementing the Area 1 Parking and the Area 4 Parking, the City shall implement the Area 3 Parking and Facilities as defined below in Section 3.5. It is the intent of the parties that the combination of the Area 1 Parking, the Area 4 Parking (including the 4th Street Lot on an interim basis), and the Area 3 Parking and Facilities shall provide seven hundred fifteen (715) parking spaces for users of the Marina. 3.2 The first two sentences of Section 3.4.1, The Area 1 Garage Alternative, are amended to read as follows: 3.4.1 The Area 1 Garage Alternative. MIAMI:F:\DOCS\CNM\RE\60003 1: 5/19/97 (3:34pm) -3- ,...,( '""l.~i::lA! I -4 ~--~ Q""..~ · \) The City shall construct at no cost or expen~see, other than parking fees pursuant to Section 3. ~arking garage on a portion of Area 1 (the" Area 1 Garage") (being approximately the southerly one hundred eighty (180) feet of Area 1 less the westerly 25 feet thereof) between the Core Building and the Rebecca Towers (the "Area 1 Garage Location") subject to the fmal design of the Area 1 Garage as set forth below. The Area 1 Garage shall contain _n~~ less than four hundred (4OQ) parking spaces plus any parking spaces required by the Zoning Code for the Garage Retail Space as defined below reserved for users of the Marina facilities. 3.2.1 The following sentence shall be added to the end of Section 3.4.1: It is the intent of the parties that the combination of the Area 1 Garage, the 200 parking spaces in Area 4 and the Area 3 Parking and Facilities shall provide seven hundred fifteen (715) parking spaces reserved for users of the Marina facilities plus any parking spaces required by the Zoning Code for the Garage Retail Space. 3.3 The first three sentences of Section 3.4.2, The Area 4 Garage Alternative, are amended to read as follows: 3.4.2 The Area 4 Garage Alternative.. MIAMI:F:\DOCS\CNM\RE\60003.1 :5/191'1"7 (3:34pm) -4- In the event that the City has acquired the Area 4 SSDI Rights, as an alte~ativ~ to the. Area 1. Parking Garage" the City may construct or cause to be constructed at no cost or expense to Lessee, other than parking fees pursuant to Section 3.7, a parking garage or garages on Area 4 (the" Area 4 Garage(s)") subject to the final design of the Area 4 Garage(s) as set forth below. The Area 4 Garage(s) shall contain not less than,.f~~E..~~~~!td~~. five (485) p~king spaces plus any parking spaces required by the Zoning Code for the Area 4 Garage Retail Space as defined below, reserved for users of the Marina facilities. Approximately One hundred (100) of these parking spaces shall be located in the north half of Area 4. 3.3.1 The following sentence shall be added to the end of Section 3.4.2: It is the intent of the Parties that the combination of the Area 4 Garage(s), the Area 1 Parking and the Area 3 Parking and Facilities shall provide seven hundred fifteen (715) parking spaces plus any parking spaces required by the Zoning Code for the Area 4 Garage Retail Space reserved for users of the Marina facilities, 3.4 The first sentence of section 3.5.2 of the Second Amendment is amended to read as follows: 3.5.2 The parties acknowledge that the Marina Lease has been terminated as to Area 3, the City shall continue to MIAMI:F:\DOCS\CNM\RE\60003 .1:5f23/!17 (9: 19am) -5- exercise its rights under the Portofmo Agreement (as defined below) and the SSDI documents to require SSDI, or its successor, to construct on Area 3 (i) a permanent parking facility or facilities having not less than one hundred fifteen (115) parking spaces, and (ii) bathroom and laundry facilities; and (iii) dropoff and loading and short term parking facilities and access easements substantially as contemplated by the Portofino Agreement (as defmed below) and the SSDI Documents (the II Area 3 Parking and Facilities "). 3.5 Section 3.5.4 of the Second Amendment is amended to read as follows: 3.5.4 After the permanent Area 3 Parking and Facilities are placed into service and made available to Marina Users, the Lessee shall thereafter until such time as the Area 1 Garage or the Area 4 Garage( s) are placed in service pay the City an additional $38,333.40 per year in rent payable in monthly installments of $3,194.45. Such additional rent shall be prorated for any portion of the Lease Year to which it is applicable. 4. Additional Provisions. MIAMI: P:\DOCS\CNM\RE\60003 1:5/19/97 (3: 34pm) -6- 4.1 Marina Park. Lessee shall cooperate with the City in its creation of a new marina park and to create an appropriate pedestrian linkage to 4th Street from this park substantially in the area outlined on the attached Exhibit A; subject to north/south vehicular access being maintained in at least two locations, along with the Baywalk access and subject to the construction of the park and pedestrian linkage not requiring the reduction of total parking spaces reserved for users of the Marina facilities below 715 spaces. The capital. cost of the park and pedestrian linkage shall be solely the City's responsibility. Lessee shall maintain this park as part of its marina maintenance responsibility, subject to the park being constructed substantially as shown on Exhibit A and subject to the access to the park being limited to the main marina driveway access or the baywalk after sunset. Final design of the park shall be subject to Mutually Acceptable Plans. Further, construction of the park shall not commence until either the City pump station is removed or the 4th Street Lot is made available to the marina for parking purposes. 4.2 Trees. Lessee shall donate $10,000 to the City for the installation of new trees and landscaping south of Fifth Street and in the new Marina Park. 4.3 Additional Parking Provisions. MIAMI: P: \DOCS\CNM\RE\60003 .1:5/19197 (3:34pm) -7- 4.3.1 Lessee agrees that if the City is required to implement the Area 1 Parking Garage alternative as a result of the termination of the Agreement between the City, the Miami Beach Redevelopment Agency and West Side Partners, Ltd. et aI. dated November 3, 1995 (the "Portofino Agreement"), that the City shall only be required to provide interim parking, during the period of time it takes to build the Area 1 Garage, of 715 spaces less any parking required to any upland subtenant that ~s not occupying the marina during the construction period; provided, however, tha! the City shall identify the location of the additional parking to be provided in the event that Lessee is successful in resubleasing the empty space. Further, upon expiration of the eighteen (18) month lease provided for in paragraph 5.3(f) of the Portofino Agreement, if necessary, the City may meet its interim parking requirements until completion of the Area 1 Garage, in accordance with the Second Amendment, by providing parking within the 300 feet of Area 4 or 500 feet of Area 1 or within the two blocks on the south side of Fifth Street between Lenox Avenue on the west and Jefferson Avenue on the east (as shown on Exhibit B); MIAMI: P: \DOCS\CNM\R.P.\60003 .1: 5/19/97 (3 : 34pm) -8- provided, however, that not more than 75 spaces may be provided either north of Fifth Street or in the blocks located on the south side of Fifth Street and west of Jefferson Avenue. 4.3.2 Lessee shall cooperate with the City to identify any blocks of parking which are consistently underutilized during particular times of the week. Assuming that such "excess" parking is identified, Lessee shall cooperate with the City to make this parking available to the City, subject to the City paying for any increased maintenance or security costs and subject to the approval of Lessee's subtenants as may be necessary. The parties aclmowledge that Lessee does not believe that there is any "excess" parking at the Marina. 4.3.3. Notwithstanding anyth~ng to the contrary contained in the Marina Lease, the City shall not be obligated to provide more than seven hundred and fifteen (715) parking spaces plus the Garage Retail Spaces, defined below, to the Marina at any time. 4.4 City Parking Payments. Pursuant to the provisions of paragraph 3 of the Parking Agreement which is part of the Porto fino Agreement, the MIAMI:F:\DOCS\CNM\RB\60003 1:5/19/97 (3:34pm) -9- City is required inter alia to pay the Lessee $10,000 per parking space for each parking space less than 150 parking spaces provided to Lessee in the Area 3 Parking and Facilities or provide a long term lease for 35 parking spaces located at the northeast comer of 4th Street and Alton Road. As approved by the City, the Area 3 Parking and Facilities will contain only 115 parking spaces; therefore the Lessee is entitled to a payment of $350,000 from the City for this reduction in parking. Lessee hereby agrees to forgive and waive its entitlement to this payment and/or long term lease. 5. Effective Date. S.l The obligations of either party which are required by the terms of this Third Amendment to be performed shall become effective only upon the execution and delivery of the Assignment and execution of this Third Amendment by Marina Associates and the City. Further, pursuant to paragraph 16 of the First Amendment, upon the execution and delivery of the Assignment, Tallahassee and Heller Financial, Inc. shall be released from all of their obligations under the Marina Lease. MIAMJ:F: \DOCS\CNM\RE\60003 1:5/19/97 (3:34pm) -10- 5.2 The effective date of this Third Amendment shall be the date when the last one of the City or Marina Associates has signed this Amendment, as stated on the signature page. 6. Status of Marina Lease. as Amended. The City and Marina Associates acknowledge and agree that the Marina Lease is current and in full force and effect and good standing and that there are no outstanding defaults by Lessee or City under same and that to the extent such defaults exist, they are hereby waived. 7. Conflict. In the event of any conflict or inconsistency between the terms and provisions of this Third Amendment and the Lease, the First Amendment or the Second Amendment, this Third Amendment shall prevail. 8. Incorporation of Provisions. The provisions of Sections 7 through 27 of the First Amendment (other than Section 13) are hereby modified to reference the First Amendment, the Second Amendment and this Third Amendment, and such provisions shall be applicable to the First Amendment, the Second Amendment and this Third Amendment. 9. Further Actions. City and Marina Associates agree to cooperate with each other and to timely take all such further actions and to execute all such documents as may be reasonably required to implement and effectuate the provisions of this Third Amendment and the Marina Lease, as modified. MIAMI: F:\OOCS\CNM\RE\6000J 1 :5/191'17 (3:34pm) -11- IN WITNESS WHEREOF, the parties have executed this Third Amendment as of the date set forth in the first paragraph of this Third Amendment. Signed, sealed, and delivered in the presence of: ~.~~ -t&~. ~ NameO(~} .2..~ ','8.<"1:1 ....l STATE OF FLORIDA ) )ss COUNTY OF DADE ) The foregoing instrument was acknowledged before me this s:2:J. ~y of ~ ' 1997, by Seymour Gelber, Mayor, City of Miami Beach, Florida, and attested to by Robert Parcher, City Clerk, City of Miami Beach, Florida. He is personally known to me or has produced as identification. Name: Commission No.: C 3 /) Notary Public, State of Florida OFFICIAL N ARY L LlLUAN SEA UCHAMP NOTARY PUBLIC STATE OF FLORIDA COMMIS3ION NO. CC347882 MY COMMISSION EXP. FEB. 13.1998 APPROVED AS TO FORM & LANGUAGE & FOR exeCUTION /JI(ifA~ cay Attomey <;j~1} MIAMI: P:\DOCS\CNM\RE\60003 .1 :5/19/97 0:34pm) -12- Miami Beach Marina Associates, Ltd., a Florida limited partnership By: SoBe Marine, Inc., a Florida corporation, ge a1 partner [CORPORATE SEAL] STATE OF FLORIDA ) )ss COUNTY OF DADE ) The foregoing instrument was acknowledged before me thi~3r-~ay of mtlt I , 1997, by Robert W. Christoph, President of SoBe Marine, Inc., a Florida corpora~ partner of Miami Beach Marina Associates, Ltd., a I30rida limited partnership. He is personally known to me or has producedf\:i:tetcl?-1,i -\..12., -:b!s-loentification. L~~ Commission No.: Notary Public, State of Florida ",~!t'~. MIlda \.. = EXPIRES i~~~ tA't ~22. ~1 ..: : S __. =._a._.1lIC. : ~ '''f ~ fAIIl----- ~'t... .~~ 9QlIIlII)1\8I "'fRr.~ MIAMI: P:\DOCS\CNM\RE\60003.1 :5119/97 (3:34pm) -13- LIl\1ITED JOINDER OF MIAMI BEACH REDEVELOPMENT AGENCY The Miami Beach Redevelopment Agency (the" Agency") hereby approves and agrees to be bound by the Marina Lease as amended insofar as the Agency, as a separate and distinct entity, is affected or obligated by the terms of the Marina Lease as amended, but only to the extent that the Agency owns any portions of the Marina Site, has regulatory control of the Marina Site (pursuant to the provisions of the Community Redevelopment Act and/or certain licenses and permits which may be held by the Agency for the constructions, development and operation of the Marina), or has authority to issue tax incremen bonds. D c.~ , / Se mour Gelber, Chairman ttest:!toltLt([ f OJLch-- Signed, sealed and delivered in the presence of: STATE OF FLORIDA ) )ss COUNfY OF DADE ) .yI... The foregoing instrument was acknowledged before me this 02 7 day of ht.t~, 1997, by Seymour Gelber, ~hairm~, Miami Beach Redevelopment Agency, and attest to by ~\ h(". \" Pc" (c. l.-..e~'17d.t!l o'f1Miami Beach, Florida. H@.. is personally kn~ to me or has produced as identification. ~1W&U~ Name: .LIllI firV ~(ou c.hl1 k;:' Commission No.: (. C 3 <! '7 "2 X "Z.. I APPRO 'ED ~o Public, State of Florida V AS OFFICIAL NOTARY ::>EAL FORM & LANGUAGE L!LUAN BEAUCHAMP & FOR EXECUTION NOTARY PUBLIC STATE OF FLORIDA COMMI~ION NO. Cc...~7882 /f!j rJu/L. ~>j;;OMMISSION EXP m 131m ~'d...l!P.nl Ag.n" 00.. 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'4.oq .: 1-<: '11 #) "0 7 FIFTH ----. eJ, CP~o ~?c- 3; ~ 9 ...... ~ 4 g/J 4 8 5 B 5 ~ 7,~. ...6 .R tHO .40 6 ~ UU 7 o .J) ~ /0 ~ .9 8 .:? 7/~ 0 5 ~- ~ 16,""0 IM'f 2 3 .f. ~ . CD - 5 <:t .., ~ J. 6' 7 10 '{IT B ~ J4Q" I ~ J I 6 t 15 /4 ~ 13 t"l ~/2~ , ~I ~ 1 3 1r4 ~,.,; ~\O~ V 2 :~ /5 14- /3 /t CONSENT TO ASSIGNMENT OF MARll"iA LEASE AGREEMENT BEFORE ME, the undersigned authority, personally appeared Jose Garcia Pedrosa, City Manager and Executive Director of the Miami Beach Redevelopment Agency, City of Miami Beach, Florida, who is personally known to me, who upon being duly sworn deposes and says: 1. That the Lease between the City of Miami Beach, a municipal corporation of the State of Florida and Tallahassee Building Corporation, a Delaware corporation, as reflected in the Lease Agreement dated June 24, 1983, between the City of Miami Beach and Carner-Mason Associates, Ltd., as amended by the First Amendment to the Marina Lease dated October 23, 1991, and as further amended by the Second Amendment to the Marina Lease dated August 11, 1994,. (the "Lease") is in full force and effect and good standing, and that there are no outstanding defaults by Lessee under the Lease. 2. Pursuant to Article IX, paragraph 2 of the Lease, as modified by Section 16 of the First Amendment of the Marina Lease, the City hereby consents to the assignment of the Lease from Tallahassee Building Corporation to Miami Beach Marina Associates, Ltd., whose sole general partner is SOBE Marina, Inc. and whose limited partners are Robert W. Christoph, Trustee of the Christoph Family Trust, and G.D.P. Investments, Inc., a Florida corporation. APPROVED AS TO FORM & lANGUAGE & FOR EXECUTION OSE GARCIA PEDROSA, CITY MANAGER, CITY OF MIAMI BEACH, FLORIDA - ~~17 SE ARCIA PEDROSA, EXECUTIVE DIRECfOR, MIAMI BEACH REDEVELOPMENT AGENCY, CITY OF MIAMI BEACH, FLORIDA APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION s7r2-~/f 7 Daf8 ~ .[ o 0- ., ~ ;~ - ub ,,) f ~. ~ j- '" I) o o- r' o 0-' - .., !~ o CO ~ <~ ~ :~ Z~: I~ I~ ,/ ~ t-l U 0:, <C ~ :; ..., '-:::::;! l-L1 I.; l~ rC-1 L) C:l 1- " ~ en <(I -( ~ 1'>.- 7.- l-Lt 1/ l j I, U ,:>-4 '1 O..J ......,.~ I!.'. -..1 1 l----i .. - -, rJJ ~ ~ --.--I T' <(. v "'=-1., ' r. o c=q z ~ IOU Z f--l 1--' ~=:) '-1 L--, 5 , ~j c-' LL o <1:: <~ fU f----i "'7 '-.--l f"-, ,-2,~ t:-rJ [~ 1-7 r--I I~ ~ h' ,\"1.114 . .IU~J" .". n~ Ii 11 ! I 1 -- 1 1::::1 t.-:-:; ++++++++11 J. WI'.! ~ ,',0.),,' .L.-""J . M L.V 1 U 1"1 ~Il .,\..1 )'~lt~ll~i~fjjJ~ '...1. . .1 rr-r- lfl~' .. :.. .,;, .... / JEt. .! ~i1J: J ~. .. : '. . 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