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94-21099 ResolutionLocated at the Southwest Corner of Collins Avenue and Seventh Street, and authorize the Mayor and City Clerk to execute the Agreement. PASSED and ADOPTED this 30th day of March 1994. ATTEST: RJNcnm RJAdsk2\a:balval. res 3/ 25/93 CITY CLERK fORM APPROVEDLEGAL DEPT.By T t: INDEX OF CLOSING DOCUMENTS CITY OF MIAMI BEACH - BALLET VALET PARKING COMPANY Our File No. 12937-0004 1. Agreement to Purchase and Sell Real Property and Air Space.2. Acquisition, Construction and Development Agreement.3. Exhibits to Acquisition, Construction and Development Agreement: A. Air Space (not included)B. Lower Elevation of Air Space ( not included)C BV Land D. City Land E. Draw Request (AlA Documents G702 AND G703 - not included) F. General Contractor's Agreement G. Narrative and Schedule of GMP Design/Build Costs of Garage H. GMP Design Development Drawings and Outline Specifications I. Retail Space Construction Costs (not included)J. Schedule of Performance K. Request for Disbursement L. Memorandum of Option (not included)M. Memorandum of Right of First Refusal (not included)N. Easements (not included)O. Ramp Space Designation (not included)4. Side Letter dated May 31, 1994 among City of Miami Beach, The Ballet Valet Corp.,The Ballet Valet Parking Company, Ltd. and Leo-James, Inc. regarding post closing items.5. Letter from McCarthy Brothers Company dated June 6, 1994 regarding Exhibit "0"clarification.6. Loading Area Agreement. 7. Notice to Vacate and estoppel letter re: Sin City, Inc. "Velvet".8. Performance Bond.9, Labor and Material Payment Bond.10. Certificate of Insurance regarding liability coverage adding City of Miami Beach to BV policy.11. Chicago Title Insurance Company Commitment for Title Insurance No. 10 0198 10 003910. 12. Chicago Title Insurance Company Owner's Title Insurance Policy No. 10 0198 04 000423.13. Phase 15. Letter from Allied Environmental Consultants, Inc. dated May 25, 1994, certifying Phase II Subsurface Investigation to the City of Miami Beach.16. Letter from Earl Gallop dated May 26, 1994 authorizing purchase based on the Phase II Subsurface Investigation.17. Copies of Tax Receipts for 1993 taxes re:Folio Nos. 02 4203 004 0730 ( 1993 taxes and 1992 delinquent taxes cert. 8213);02 4203 004 0740 ( 1993 taxes and 1992 delinquent taxes cert. 8214);02 4203 004 0750 ( 1993 taxes);02 4203 004 0760 (1993 taxes).18. Closing Statement between The Ballet Valet Corp. and The Ballet Valet Parking Company, Ltd., Sellers and City of Miami Beach, a Florida Municipal Corporation,Buyer.19. Use Agreement between The Ballet Valet Parking Company, Ltd. and City of Miami Beach regarding temporary use of parking spaces and temporary occupancy by "Velvet".20. Affidavit of Anthony Goldman, as President of The Ballet Valet Corp.21. Affidavit of Anthony Goldman, as President of The Ballet Valet Corp., sole General Partner of The Ballet Valet Parking Company, Ltd.22. Certificate of The Ballet Valet Corp.23. No Lien and GAP Affidavit executed by James Resnick on behalf of Leo-James, Inc.24. Good Standing Certificate for The Ballet Valet Corp. from the Florida Secretary of State.25. Good Standing certificate for The Ballet Valet Parking Company, Ltd. from the Florida Secretary of State.26. Certified copy of Corporate Resolution of Leo-James, Inc,27, Certified copy of Certificate of Limited Partnership of The Ballet Valet Parking Company, Ltd. from the Florida Secretary of State.28. Side Letter from The Ballet Valet Parking Company, Ltd. in favor of the City of Miami Beach regarding provisions for the third elevator, payment by BV for up to $50,000.00 of the cost of the plant maintenance equipment, provisions regarding insurance deductible and confirmation that The Ballet Valet has paid in full the Design Builders Part 1 C Compensation.29. Side Letter from The Ballet Valet Parking Company, Ltd. to Mayra Diaz-Buttavacoli regarding The Ballet Valet responsibilities for asbestos and use of parking prior to commencement of construction.30, Satisfaction of Mortgage executed by Moy Lee to The Ballet Valet Parking Company,Ltd. recorded June 8, 1994 in Official Records Book 16396 at Page 786, Public Records of Dade County, Florida.31. Satisfaction of Mortgage 33. Continuous Marriage Affidavit of Estela Sanchez and Luis Sanchez recorded June 8,1994 in Official Records Book 16396 at Page 789, Public Records of Dade County,Florida.34. UCC-3 executed by Continental National Bank of Miami recorded June 8, 1994 in Official Records Book 16396 at Page 791, Public Records of Dade County, Florida,35. Satisfaction of Mortgage executed by Continental National Bank of Miami recorded June 8, 1994 in Official Records Book 16396 at Page 792, Public Records of Dade County, Florida.36. Affidavit of Jack Mathews as attorney for the Estate of Joseph P. Shelley, Sr. recorded June 8, 1994 in Official Records Book 16396 at Page 793, Public Records of Dade County, Florida.37. Satisfaction of Mortgage executed by Joseph P. Shelley, Jr. and Gerald J. Shelley as executors of the Estate of Joseph P. Shelley, Sr. recorded June 8, 1994 in Official Records Book 16396 at Page 795, Public Records of Dade County, Florida.38. Discharge of Final Order executed by Paul Gioia, Building Official of the City of Miami Beach recorded June 8, 1994 in Official Records Book 16396 at Page 796, Public Records of Dade County, Florida.39. UCC-3 executed by Ballet Valet Parking Company, Ltd. recorded June 8, 1994 in Official Records Book 16396 at Page 797, Public Records of Dade County, Florida.40. Release of Restrictive Covenants executed by The Ballet Valet Corporation and Shirit Development Corporation recorded June 8, 1994 in Official Records Book 16396 at Page 798, Public Records of Dade County, Florida. 41. Acknowledgement and Agreement executed by James Resnick as Vice President of Leo-James, Inc. recorded June 8, 1994 in Official Records Book 16396 at Page 801, Public Records of Dade County, Florida.42. Agreement to Grant Easements executed by the City of Miami Beach and Ballet Valet Parking Company, Ltd. recorded June 8, 1994 in Official Records Book 16396 at Page 807, Public Records of Dade County, Florida.43. Warranty Deed executed by The Ballet Valet Corp. to City of Miami Beach (Folio Nos,02 42030040730, 02 42030040740 and 02 42030040750 recorded June 8, 1994 in Official Records Book 16396 at Page 869, Public Records of Dade County, Florida.44. Warranty Deed executed by The Ballet Valet Parking Company, Ltd. to City of AGREEMENT TO PURCHASE AND SELL REAL PROPERTY AND AIR SPACE THIS AGREEMENT is made and entered into by and between BALLET VALET PARKING COMPANY, LTD., a Florida limited partnership and The Ballet Valet Corp., a Florida corporation collectively, the "Seller"), whose address is 640 Ocean Drive,Miami Beach, Florida 33139, and the CITY OF MIAMI BEACH, a Florida municipal corporation ("Buyer"), whose address is 1700 Convention Center Drive, Miami Beach, Florida 33139.WIT N E SSE T H:In consideration of the covenants 1n this Agreement,Seller and Buyer agree as follows: ARTICLE 1 Purchase and Sale The Property. Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller the real property and air space described and delineated on Exhibit " A" attached hereto and made a part hereof, together with all improvements thereon, easements for physical support and rights appurtenant to such real property as described in the Development Agreement ( the Property") .ARTICLE 2 Purchase Price 2.1 Amount and Payment. The purchase price for the Property ( the "Purchase Price") shall be Two Million Eight Hundred Forty Two Thousand Five Hundred Forty Four Dollars 100,000.00 to reflect an amount of net savings In the construction of the Project (as defined in Section 3 hereof),The Purchase Price shall be increased by Two Hundred Seventy Five Thousand Dollars ($275, 000.00) in the event the Seller conveys the " Resnick Piece." The reduction in the Purchase Price and conveyance of the Resnick Piece are more particularly described In Section 1.30 of that certain Acquisition, Construction and Development Agreement among the City of Miami Beach, The Ballet Valet Parking Company, Ltd., and McCarthy Brothers Company (the "Development Agreement").Unless directed in writing otherwise, at the Closing as hereinafter defined), Buyer shall pay the Purchase Price to Seller by wire transfer in immediately available funds as follows: Steel Hector and Davis Trust Account Account # 2689603594934 First Union National Bank of Florida Jacksonville, Florida ABA #063000021 Notify Carol Christenson (305) 577- 2975 ARTICLE 2 Completion of Sale The purchase and sale of the Property shall be completed through a closing (the "Closing") which shall occur extended by the parties, provided all Conditions Precedent have been satisfied. The parties' obligation to close this transaction shall be conditioned as provided in Article 9 hereof. ARTICLE 3 Conditional Use Desiqnation Buyer and Seller have received from the Planning Board,an agency of Buyer, (the "Planning Board") a Conditional Use designation of the Property and the real property and certain air space contiguous thereto (the " Conditional Use Designation"), permitting joint use for a garage and retail complex in accordance with the terms of that certain Development Agreement (the "Project"), and those certain plans and specifications submitted to the Planning Board, and Design Review Board of Buyer.ARTICLE 4 Title to the Property 5.1 Fee Title. At Closing, Seller shall convey its title to the Property to Buyer by a duly executed and acknowledged warranty deed ( the "Deed"), subject to those matters of record which do not render title unmarketable (the Permitted Exceptions") which permitted exceptions, are attached hereto and made a part hereof as Exhibit B; provided none of the foregoing prohibits use of the Property as a garage pursuant to the Conditional Use Designation.5.2 Mechanics' Liens. Seller shall have no unpaid bills for labor performed Property. A no-lien affidavit to this effect will be delivered by Seller to Buyer at Closing. ARTICLE 5 Status of Title Prior to the execution of this Agreement, Seller provided Buyer with evidence of title sufficient for Buyer and Buyer's counsel to evaluate the condition of Seller's title to the Property. Buyer has provided Seller with Chicago Title Insurance Company Commitment Number 10- 0198-10-003910 for the issuance of title insurance ( the "Commitment"). Buyer has given Seller notice of all matters that would render title nmarketable as stated in the Commitment.BALANCE OF ARTICLE 6 Environmental Condition The terms of Article III of the Development Agreement pertaining to the environmental condition of the Property are hereby incorporated herein by this reference. ARTICLE 7 Representations and Warranties 7.1 Seller. The representations and warranties of in this section 7.1 are a material inducement for Buyer BALANCE to enter into this Agreement. Buyer would not purchase the Property from Seller without such representations and warranties of Seller. a) Seller is a limited partnership, organized and validly existing under the laws of the State of Florida; b) Seller has full power and authority to enter into and perform this Agreement. c) Seller has not employed or engaged any broker or finder or incurred any liability for any commission or fee to any broker or finder in connection with this Agreement or the transactions contemplated hereby. d) EXCEPT AS EXPRESSLY STATED IN THE ENVIRONMENTAL REPORT DELIVERED TO BUYER PURSUANT TO SECTION 3.2 OF THE DEVELOPMENT AGREEMENT, (THE " ENVIRONMENTAL REPORT")SELLER HEREBY EXPRESSLY DISCLAIMS AND RENOUNCES ANY AND ALL WARRANTIES OR REPRESENTATIONS, WHETHER EXPRESS OR IMPLIED OR STATUTORY OR OTHERWISE, ABOUT THE PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND/OR ANY CLAIM FOR ANY DIRECT,INCIDENTAL AND/OR CONSEQUENTIAL DAMAGES RESULTING THEREFROM,WITH RESPECT TO THE PROPERTY AND ALL PERSONALTY, FIXTURES AND APPURTENANCES OF ANY KIND WITH RESPECT THERETO. SELLER HAS ENTERED INTO THIS AGREEMENT IN RELIANCE UPON THESE LIMITATIONS OF SELLER'S LIABILITY AND WOULD NOT HAVE ENTERED INTO THIS AGREEMENT WITHOUT SUCH LIMITATIONS.7.2 BuYer. The representations and warranties of Buyer 1n this section 7.2 to enter into this Agreement. Seller would not sell the Property to Buyer without such representations and warranties of Buyer. Buyer represents and warrants to Seller as follows: a) Buyer has full power and authority to enter into this Agreement and to perform this Agreement and to use the tax-exempt proceeds from the issuance of the Gulf Breeze Bond Funds; b) the execution, delivery and performance of this Agreement by Buyer has been, or will be prior to Closing, duly and validly authorized by all necessary governmental action on the part of Buyer. At Closing Buyer shall provide Seller with a resolution of the City Commission of the City of Miami Beach, Florida, authorizing the sale of the Property pursuant to the terms of this Agreement. c) Buyer has not employed or engaged any broker or finder or incurred any liability for any commission or fee to any broker or finder in connection with this Agreement or the transactions contemplated hereby. d) Subject to the matters stated in the Enviromental Report Buyer has made its own inspection and investigation of the Property and is purchasing the Property "AS IS, WHERE IS, WITH ALL FAULTS," and has not relied on any representations by Seller or its agents with respect to the physical condition of the Property, Except for the matters stated in the Environmental Report, BUYER HEREBY EXPRESSLY WAIVES, RELEASES AND RENOUNCES, ANY AND ALL WARRANTIES OR REPRESENTATIONS, WHETHER EXPRESS OR IMPLIED OR STATUTORY OR OTHERWISE, ABOUT THE PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND/OR ANY CLAIM FOR ANY DIRECT, INCIDENTAL AND/OR CONSEQUENTIAL DAMAGES RESULTING THEREFROM, WITH RESPECT TO THE REAL PROPERTY AND ALL PERSONALTY, FIXTURES AND APPURTENANCES OF ANY KIND WITH RESPECT THERETO. BUYER HEREBY EXPRESSLY ACKNOWLEDGES AND AGREES TO THE ABOVE STATED LIMITATIONS OF SELLER'S LIABILITIES. ARTICLE 8 8.1 Seller.as follows:All representations and warranties made by Seller in this Agreement shall be true and correct on and as of the Closing as if made on the Closing. All such representations and warranties made by Seller shall survive the Closing. Seller shall not permit any state of facts to exist or to continue to exist which would cause any of the representations and warranties made by Seller in this Agreement to be false or Covenants Seller covenants and agrees with Buyer inaccurate on and as of the Closing.8.2 Buver. Buyer covenants and agrees with Seller as follows:a) All representations and warranties made by Buyer 1n this Agreement shall be true and Closing as if made on the Closing Date. All such representations and warranties made by Buyer shall survive the Closing. Buyer shall not permit any state of facts to exist or to continue to exist which would cause any of the representations and warranties made by Buyer in this Agreement not to be true and correct on and as of the Closing Date. ARTICLE 9 Conditions Precedent 9.1 Condition Precedent to Closina as to Seller. The obligations of Seller under this Agreement are subject to satisfaction of the following conditions:a) Execution and delivery of that certain Development Agreement by and between Seller and Buyer and satisfaction of the conditions precedent to closing of the Property as stated in the Development Agreement.b) At Closing, Buyer shall not be 1n default 1n the performance of any covenant or agreement to be performed by Buyer under this Agreement.c) At Closing, all representations and warranties made by Buyer in this Agreement shall be true and correct as if made on and as of the Closing.Seller may waive any or all such conditions in whole or in part but any such waiver shall be effective only if made in writing. No such waiver shall constitute a waiver by Seller of any of its rights or remedies if Buyer defaults in the performance of any covenant or agreement to Buyer under this Agreement or if Buyer breaches any representation or warranty made by Buyer in this Agreement. If any condition set forth in this section 9.2 is not fully satisfied or waived in writing by Seller by the Closing Date,Seller shall be released from all obligations to Buyer under this Agreement.d) At Closing, all approvals from the Commission for The City of Miami Beach shall have been obtained in writing.9.2 Conditions Precedent to Closinq as to Buyer. The obligations of Buyer under this Agreement are subject to satisfaction of the following conditions:a) Execution and delivery of that certain Development Agreement by and between Seller and satisfaction of the conditions precedent to closing of the Property as stated in the Development Agreement and all documents thereunder.b) At Closing, Seller shall not be in default in the performance of any material covenant or agreement to be performed by Seller under this Agreement.c) At Closing, all representations and warranties made by Seller 1n this Agreement shall be true and correct as if made on and as of the Closing.Buyer may waive any or all such conditions in whole or in part but any such waiver shall be effective only if made in writing. No such waiver shall constitute a waiver by Buyer of any of its rights or remedies if Seller defaults in the performance of any covenant or agreement Seller under this Agreement or if Seller breaches any representation or warranty made by Seller in this Agreement. If any condition set forth in this section 9.3 is not fully satisfied or waived in writing by Buyer by the Closing Date,Buyer shall be released from all obligations to Seller under this Agreement.d) At Closing, all approvals from the Commission for The City of Miami Beach shall have been obtained in writing. ARTICLE 10 Closinq 10.1 Possession. Upon receipt of the Purchase Price,Seller shall transfer possession of the Property to Buyer at Closing free and clear of all parties in possession and, subject to the Permitted Exceptions.10.2 Closinq Costs. Seller and Buyer shall share equally the cost of the documentary stamps and surtax in connection with the recordation of the Deed, and the cost to record the Deed. 10.3 Prorations. All current rents, real estate taxes only if applicable), assessments, utilities, and maintenance charges of the Property shall be prorated between Seller and Buyer as of the Closing and, to the extent of information then available, such prorations shall be made at the Closing. Such prorations or reprorations shall be adjusted, if necessary, and completed after the Closing as soon as final information becomes available. Seller ARTICLE 11 Notices All notices and other communications under this Agreement shall be properly given only if made in writing and either mailed by an overnight courier service, such as " Federal Express," or delivered by hand to the party at the address set forth as follows:As to Seller:Goldman Properties c/o Park Central Hotel 640 Ocean Drive Miami Beach, Florida 33139 and at:103 Greene Street New York, New York 10012 with a copy to:Dennis Scholl, P.A.Steel Hector & Davis 200 South Biscayne Boulevard Miami, Florida 33131- 2398 As to Buyer:City of Miami Beach P. O. Box 0 Miami Beach, Florida 33119 Attn: Roger Carlton with a copy to: David Berger, Esq.Broad & Cassel 175 Northwest First Avenue Miami, Florida 33128 Such notices and other communications shall be effective upon receipt.ARTICLE 12 Miscellaneous 12.1 Damaqe or Takinq,Buyer hereby represents and warrants the Property or the Project. This representation and warranty shall survive Closing, and is a material inducement for Seller to enter into this Agreement. If the Property is damaged by fire or other casualty before Closing, the Closing shall proceed pursuant to the terms of Contract without restoration costs escrowed at Closing; it being the intention of the parties to demolish the improvements on the Property. 12.2 General. The Exhibits attached to this Agreement are made a part of this Agreement. This Agreement shall benefit and bind Seller and Buyer and their respective successors and assigns. Time is of the essence of this Agreement, including,without limitation, the date of Closing. This Agreement may not be amended or modified except by a written instrument signed by Seller and Buyer. This Agreement constitutes the entire agreement between Seller and Buyer with respect to the purchase and sale of the Property and supersedes all prior agreements,understandings, offers and negotiations, oral or written, with respect to the Property.12.3 Successors and Assians. Neither party may assign its rights or delegate its obligations hereunder to any person or entity.12.4 Date of Aareement. By executing four (4)duplicate originals of this Agreement and delivering them to Seller, Buyer offers to purchase the Property from Seller for the Purchase Price and upon the other terms and conditions of this Agreement. As long by Buyer to include a term or condition that is unacceptable to Seller, Seller shall accept such offer and return two executed duplicate originals to Buyer within five (5) days of Buyer' s execution and delivery of such offer to Seller. The effective date of this Agreement (the "Effective Date") shall be the date this Agreement has been executed by the last party required to execute the Agreement and delivered by such party to the Seller or Buyer, as the case may be.12.5 Governina Law, No Recordation. This Agreement shall be governed by and construed in accordance with the laws of the state of Florida. Neither this Agreement nor a short form thereof shall be recorded in the Public Records.12.6 Effect of Partial Invalidity. If anyone or more of the provisions of this Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in any respect,such invalidity, illegality, or unenforceability shall not affect any other provisions hereof, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been made a part hereof.12. 7 Construction. The parties acknowledge that with respect to the transaction contemplated herein (a) each party and its counsel have reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretatioll of this Agreement or any amendments or from the other any accounting, tax, legal or other advice, and c) each party has relied solely on the advice of its own accounting, tax, legal and other advisors. 12.8 Survival of Indemnities. All indemnities set forth 1n this Agreement shall survive the Closing.12.9 Default.If Buyer fails to purchase the Property on the Closing Date in accordance with the terms of this Agreement, Buyer agrees to pay Seller the sum of $250,000.00 which sum the parties agree is a fair measure of Seller's damages hereunder and is not a penalty.If Seller defaults under this Agreement for any reason other than failure of Seller, after reasonable efforts as hereinafter provided, to cure Title Defects, Buyer may seek all remedies at law or in equity, against Seller. 14. Radon Gas. Pursuant to Florida Statutes all sellers and lessors of real property are required to assist in informing and educating the public as to the potential hazards of radon gas by delivering the following notice:RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida.Additional information regarding radon and radon testing may IN WITNESS WHEREOF, Seller and Buyer have executed this Agreement to Purchase and Sell Real Property as of the dates written below. SELLERS: THE BALLET VALET PARKING COMPANY, LTD., a Florida limited partnership President By: Wi tne s s as to Se'tt-er)Date: THE BALLET VALET C RP., a Florida corporat' n Date: President By: R ATTEST:BUYER: CITY OF MIAMI BEACH, FLORIDA, a municipal corporation J f.~ ct; Clerk A1~ ,Wlb\..La..-'\..-- By: Witnesses as to Buyer)Date:b 99'-\17- FORM APPROVED lEr, A~. (f ~/ / By'di/~-(~~~ ~ X,i~B=-:' ,," F-ART ')f Ln~5 2 'rflROll~ 5 INCLUSIVE AND P"P.'l" OF LO':' 6, AL:"AS DESCRIBEJ BELOW TO BE CONVEYED TO THE 2ITY OF MIA~I BEACH The ~esterly 45.16 f~et of Lot 6, Block 34, Ocean Beach, Fla.Additlon No. 1, recorded in Plat Book 3, at Page ~, of the Publ~c records of Dade County, Florida contains 2108 Square Feet.That Part of Lots 2 through ~ incluslve, Block 34, Ocean Beach,Fla., Addltion No.1, recorded in Plat BOOK 3, at Page l' of t~e Public recorda of Dade County, Florida. Part of Lots 2 through~: Bounded on the West by the Westerly line of said Lots 2 thrOU9ft 5, bound on the North by the Northerly line of Lot 2; bounded on the South of the Southerly line of Lot5;bounded on the East by ~ lln. descrlbe1 as follows: Commence C'.C'.) ..it ~ne sC''Jth..~t Cf')rner of said Lot 5 and run 9c \ 2'25" E a.'.>ng thp Sc ,' therll :i:"'o:: of Lot S, a dlstance of 4'5. fG feet to The ~olnt :). Be<;lr'r\l~.g of the referenced East. -ly1. 1ne, :hen~~ run N 1(j047'.:}5" E 31cr.~ a ll.ne para~:"--,l 1+.' a~i 4~.'6 ~eet Ea~+:erly ot the ..ester:y 1.~:1e of LJ':.s6 t~rJuq~ 3 incluslve, a Jistdnce of '50. 00 teet; thence run N EXHIBIT -A- ARCEL "A" lr Rights for the Easterly 13.16 feet of Lot 6, Block 34,cea~ 3each, Fla., Addition ~o. 1, recorded in Plat Book 3,t Pa~~ .' ~f the Public records ofDade County, Florida.e~- :er':.:-a.l. Bou.-: darv _,t tre above desc!:"lDed r Rlq~:S L5 at ~ n elevatlJn ~! ~C.OO fe~t,Nd~l~nal Geocetic \ iertlca. Dat'.lm N.<';.V.D.), 1929.The Jpper bo~ndar! of the said Alr ~lghts is an elevatian of irfinlty.Area of the ease of the Air Rights .. 658 Squ&re r..t.PARCEL"B"Alr Riqht~ for the Easterly 13.16 feet of Lots 2 through 5 lnclusive, Block 34, Ocean Beech, rIa., Addition No.1,recorded in Plat Book 3, at .age 11 of the Public records of Dade County. rlor1da.e Loveat Vertical BoundAry of the above described Al= Rlghts 1S at an elevation of 40.00 feet,tlonal Geodetic Vertical Datum ( N.G.V.D.), 1929.The upper boundary of the said Air Rights is an elevation of ~nfinity.of the .... of the Air Rights is 2632 re F..t.PARCEL "c" Alr Rlghts fo= that part of Lot 6 described as Lot 6, less the Sasterly 13.16 feet and less the Westerly 45.16 feet,B~ock 34, Ocean Beach, Fla., ~dditlon No.1, recorded 1n lat 3GO~ 3, at Page 11 of th~ Publ:c records of Dade County, Florlda.e :owest Vertical Boundary of the above described Alr Rights is at an elevation of 23.00 feet,Naticnal Geodetic Vertical PARCEL " 0"EXHIBIT . A.Air Rights for a part of Lots 2 through 5 lnclusive, Block 34, Ocean Beach, Fla., Addition No.1, recorded in Plat Book 3, at Page 11 of the Public records of Dade County,Florlda; sald part bounded as follows; Bounded on the East by a line 13.16 feet westerly of the Easterly line f said Lots 2 through 5 inclusive, bounded on the North by ~he Northerly llne of Lot 2; bounded on the South by e Southerly line of Lot 5; bounded on the Westby a line descrloed as follows: Commence (P.O. C.) at the south....ltsterly corner of Lot 5 and run S 79012'25" E along the Southerly line of Lot 5, a distance of 45.16 feet; to tne POlnt of Beginn~ng (P.O.B.) of said line; thence run 0047135" E along 'a line 45. 16 feet Easterly of the Westerly line ot Lots 5 through 3, a distance of 150.00 feet to the Northerly line of referenced Lot 3; thence tun N 29055'12" E across Lot 2, a distance of 52. 92 feet to the Northerly line of said Lot 2, said point being 62.50 feet from the Northw&st corner of Lot 2. Area of the ba~e of Air a~"ls is 15,902. 59 Square Feet. EXHIBIT -B- Permitted Exceptions 1. Taxes for the year 1994 not yet due and payable, and any taxes and assessments hereafter levied or assessed.2. Plat filed March 14, 1913 in Plat Book 3, Page 11 of the Public Records of Dade County, Florida. 3. Restrictions contained in instrument recorded in Official Records Book 14068, at Page 2954, of the Public Records Notice of Change of Address See Following Page o 4 Y {¢ l o w. l G O L D M A N P R O P E R T I E S p. t July 7, 2022 Via Certified U.S. Mail Return Receipt Requested City of Miami Beach 1 700 Convention Center Drive 4 Floor Miami Beach, FL 33139 Attn: City Manager & City Attorney Re: NOTICE OF CHANGE OF ADDRESS n Dear City Manager & City Attorney: I write to you on behalf of The Ballet Valet Parking Company, Ltd. with respect to the following agreements (collectively, the "Agreements"): l. Maintenance Agreement by and between the City of Miami Beach and The Ballet Valet Parking Company Ltd. Dated August 11, 1997; 2. Lease Agreement by and between the City of Miami Beach and The Ballet Valet Parking Company, Ltd. Dated August 11, 1997; 3. Parking Agreement by and between the City of Miami Beach and The Ballet Valet Parking Company, Ltd. Dated August 11, 1997; and 4. Acquisition, Construction and Development Agreement for the Parking Garage Project at SW Comer of Collins Avenue and 7th Street among the City of Miami Beach, The Ballet Valet Parking Company, Ltd., and McCarthy Brothers Company dated June 6, 1995. Please be advised that The Ballet Valet Parking Company, Ltd.'s address for all purposes of notice under each of the Agreements is updated as follows: The Ballet Valet Parking Company, Ltd. c/o Goldman Properties 310 NW 26" Street Suite B Miami, FL 33127 Attn: Daniel T. Whyte, Esq. Should you have any questions, please contact me at (305) 804-2602 or danielw@goldmanproperties.com Sincerely, Daniel T. Whyte, Esq. On behalf of The Ballet Valet Parking Company, Ltd