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Resolution 74-14410 RESOLUTION NO. 74-14410 A RESOLUTION AUTHORIZING AND DIRECTING THE EXECUTION AND DELIVERY OF A COOPERATION AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE MIAMI BEACH HOUSING AUTHORITY, AND PROVIDING FOR THE APPROPRIATION OF FUNDS NECESSARY AND REQUISITE THERETO. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that pursuant to the recommendation of the City Manager, and further, pursuant to the provisions of Chapter 422 , Florida Statutes , and other applicable provisions of law, the City Council of the City of Miami Beach, Florida, finds and declares that it is necessary for the health and general welfare of the City of Miami Beach and its citizens and residents that the City of Miami Beach forthwith enter into an appropriate Cooperation Agreement with the City of Miami Beach Housing Authority whereby the City of Miami Beach shall be contractually bound to said Authority to construct or reconstruct a suitable and appropriate bulkhead or seawall for that certain parcel of land which is the site of the Low Rent Housing Project approved by the electorate on April 23, 1970 , the cost of such construction or reconstruction to be eventually budgetarily allocated as a part of the cost of the construction of the projected City of Miami Beach Marina; and, further, that the City of Miami Beach shall further be contractually bound to the said Authority to pay thereto a sum of money not to exceed One Hundred Twenty-Five Thousand and No/100 Dollars ($125,000. 00) for the purpose of meeting any deficit which may occur in the cost of construction of said Low Rent Housing Project, said sum to be payable to the Authority after the issuance of a Certificate of Occupancy for such Low Rent Housing Project; and that the City of Miami Beach shall , and will, proceed forthwith to take all necessary action for the immediate removal of all vehicles presently parked or stored on said premises and to clear said site of all existing structures thereon to permit the immediate commencement of the construction of the said Low Rent Housing Project; and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the funds necessary for the above kl purposes are hereby appropriated by the City Council Of the City of Miami Beach, Florida, from such available funds in the City Treasury as the City Manager shall designate and deem appropriate; and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that it is understood and agreed that in the event of litigation of any other or further litigation involving said Low Rent Housing Project the attorneys retained by EDA, Inc. , shall be permitted to join the City Attorney in the participation of the defense of such litigation, said attorneys to render their services at no expense to the City; and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk be and they are hereby authorized and directed to execute and deliver, for and in the name of the City of Miami Beach, an appropriate Cooperation Agreement, as prepared by the City Attorney, setting forth the matters, things, and provisions as hereinabove set forth. PASSED and ADOPTED this 19th day of June, 1974 . Attest: - �A Mayor 4y Clerk 0C4,3 OFFICE OF THE CITY ATTORNEY - 1130 WASHINGTON AVENUE - MIAMI BEACH, FLORIDA 33139 COOPERATION AGREEMENT THIS COOPERATION AGREEMENT, made and entered into by and between CITY OF MIAMI BEACH, FLORIDA, hereinafter referred to as "City , " and THE MIAMI BEACH HOUSING AUTHORITY, hereinafter referred to as "Authority, " this 19th day of June , 1q74 . WITNESSETH : WHEREAS, the City adopted Resolution No. 74-14410 on June 19, 1974, a copy of which is attached hereto and made a part hereof; and WHEREAS, said Resolution authorized and directed the City to execute and deliver this agreement setting forth the matters , things and provisions of said Resolution ; and WHEREAS, the parties hereto intend hereby to be bound by this Cooperation Agreement . NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows : 1 . The foregoing recitals are true and correct . 2 . The bulkhead or sea wall for that certain parcel of land which is the site of the Low Rent Housing Project approved by the electorate on April 23, 1970 shall not be a requirement of said project , but the cost of such construction or recon- struction shall be budgetarily allocated as a part of the cost of the construction of the proposed City of Miami Beach Marina. 3. The City hereby binds itself to the Authority to pay thereto a sum of money not to exceed One Hundred Twenty Five Thousand (S125 ,000 . 00 ) Dollars for the purpose of meeting any deficit which may occur in the cost of construction of said Low Rent Housing Project , said sum to be payable to the Author- ity upon issuance of the Certificate of Occupancy for said project . 4 . It is agreed and understood that the funds necessary FORM APPROVED - 1 - LEGAL DEPT. for the above purposes have been appropriated by the City Council of the City, by virtue of the attached Resolution , from such available funds in the City Treasury as the City Manager shall designate and deem appropriate . 5 . The City shall forthwith take all necessary action for the immediate removal of all vehicles presently parked or stored on the subject premises and to clear said premises of all existing structures thereon to permit the immediate com- mencement of the construction of said Low Rent Housing Project . 6. In the event of litigation or any other or further litigation involving said Low Rent Housing Project , the attor- neys retained by the Sponsor or Sponsors thereof shall be per- mitted to join the City Attorney in the participation of the defense of said litigation, said attorneys to render their {?' services at no expense to the City . 7 . By execution of this agreement , the Authority binds itself to utilize any and all monies received by the City, as set forth above, for the purpose of meeting any deficit which may occur in the cost of construction of said Low Rent Housing Project . IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed the day and year first above written . CITY OF MIAMI BEACH By(7 Mayor Attest : (Seal) City Clerk THE MIAMI BEACH HOUSING AUT ORITY By , t `'` _/A Attest : ,400( (Seal ) FORM APPROVED LEGgL DEPT. - 2 - BY / -, Deli e•/ 2c / q C • o m CT) C 0 U• -a •- +) N C C -O (1) >< 0 ( .- S.- 0 O (1) •- > N +-1 T O N t -1- a) CO 4) L -O a-+ C L .- Q C - (1) L) 7 O I 41-, Q -p 4- 4-, O O N C J ^ O O C ro 4- N Q • - U 4 -1 O •- O -p (0 C >• C 0- - Z O 4-4 O N CD -0 4- N .- .- CC- O (0 O 4- L (0 — TN t •- C O) L -0 }J L (0 J • C N 7 Q > ++ Q O T N •- C L V) •-^ (1) 01 Q (0 LU L N E C Q (f) 0-0 Q) •- ..0 a) (n N + "a L ZI L U • C rn 0 0 a) Q (0 (0