294-98 RDA
RESOLUTION NO. 294-98
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF
THE MIAMI BEACH REDEVELOPMENT AGENCY
AUTHORIZING THE CHAIRMAN AND SECRETARY TO
EXECUTE A LIMITED JOINDER TO A FOURTH
AMENDMENT TO THE MARINA LEASE AGREEMENT
WITH REGARD TO THE MIAMI BEACH MARINA; AND
PROVIDING AN EFFECTIVE DATE.
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 assigned 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, pursuant to Resolution No. 97-22398, the City and MBMA entered into the
Third Amendment to Marina Lease Agreement, dated as of August 11, 1994 (the "Third
Amendment"); and
WHEREAS, the City has settled certain litigation with West Side Partners, Ltd., pursuant
to a settlement agreement dated as of April 15 , 1998 (the ("Settlement Agreement"), and such
Settlement Agreement affects the parking arrangements for the Marina; and
WHEREAS, it is now necessary and desirable the City to enter into a Fourth Amendment
to Marina Lease Agreement (the "Fourth Amendment"), to make provision, among other things, for
changes to the parking arrangements for the Marina and to modify certain other provisions of the
Marina Lease, as previously amended, and for the Miami Beach Redevelopment Agency to join in
said Fourth Amendment for certain limited purposes.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRMAN AND
MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, as follows:
1. The Limited Joinder of the Miami Beach Redevelopment Agency to the Fourth Amendment
is hereby approved and the Chairman and Secretary are hereby authorized to execute it in
substantially the form attached hereto.
2. This Resolution shall take effect immediately upon its adoption.
PASSED and ADOPTED this 15th day of April , 1998.
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CHAIRMAN
ATTEST:
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SECRETARY
APPROVED AS TO
FORM & LANGUAGE
& FOR EXeCUnON
.L
opment Agency
~~I'I~rol CmJrl!:el
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