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Resolution 2025-33634eso-umo o._??5-33634 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH,FLORIDA APPROVING A SETTLEMENT AGREEMENT BETWEEN,ON THE ONE HAND,THE CITY OF MIAMI BEACH,AND ON THE OTHER HAND,THE DEAUVILLE PARTIES, CONSISTING OF TMG 67 COMMUNITIES,LLC,A DELAWARE LIMITED LIABILITY COMPANY,DEAUVILLE ASSOCIATES,LLC,A FLORIDA LIMITED LIABILITY COMPANY,DEAUVILLE HOTEL PROPERTY,LLC, A FLORIDA LIMITED LIABILITY COMPANY,AND DEAUVILLE HOTEL HOLDINGS,LLC,A FLORIDA LIMITED LIABILITY COMPANY, PURSUANT TO WHICH (1)THE DEAUVILLE PARTIES SHALL PAY TO THE CITY ALL AMOUNTS CURRENTLY DUE IN RESPECT OF CERTAIN VIOLATIONS AGAINST THE PROPERTIES LOCATED AT 6701 COLLINS AVENUE AND 6625 INDIAN CREEK DRIVE AS SPECIFIED IN THE SETTLEMENT AGREEMENT,(2)THE PARTIES SHALL AGREE TO DISMISS THEIR RESPECTIVE CLAIMS IN THE LAWSUIT STYLED CITY OF MIAMI BEACH VS.DEAUVILLE ASSOCIATES,LLC ET AL.,CASE NO.2019-003653,AND (3)THE DEAUVILLE PARTIES SHALL FILE A NOTICE OF VOLUNTARY DISMISSAL OF THE APPEAL STYLED DEAUVILLE ASSOCIATES,LLC VS.THE CITY OF MIAMI BEACH, CASE NO.2024-66-AP-01;AND FURTHER,AUTHORIZING THE CITY MANAGER AND CITY CLERK.TO EXECUTE THE SETTLEMENT AGREEMENT IN THE FORM ATTACHED TO THIS RESOLUTION TOGETHER WITH ANY DOCUMENTS ANCILLARY THERETO INCLUDING,WITHOUT LIMITATION,AN ESCROW AGREEMENT,IN SUCH FORM AS IS APPROVED BY THE CITY ATTORNEY. WHEREAS,TMG 67 Communities,LLC,a Delaware limited liability company ("TMG")and Deauville Associates,LLC,a Florida limited liability company ("DALLC,"and together with TMG,"Owners")hold fee simple title to the property located at 6701 Collins Avenue and identified by Miami-Dade County Folio No.02-3211-007-0420 (the "Hotel Property"),within the City;and •.. WHEREAS,DALLC holds fee simple title to the property located at 6625 Indian Creek Drive and identified by Miami-Dade County Folio No.02-3211-007-1800 (the "Garage Property"),within the City;and WHEREAS,on February 5,2019,the City filed a lawsuit in the 11"Judicial Circuit in and for Miami-Dade County Florida,Case No.19-03653 (the "Demolition by Neglect Suit"),against DALLC,Deauville Hotel Property,LLC ("DHP")and Deauville Hotel Property,LLC ("DHH")(collectively,DALLC,DHP and DHH,the "Deauville Defendants") and Ocean Bank,a Florida banking corporation ("Ocean Bank"),asserting causes of action against the Deauville Defendants for violations of Section 118-532(g)of the Code of Ordinances of the City of Miami Beach (the "Code")and failure to remit resort taxes and requesting injunctive relief as well as the appointment of a receiver;and WHEREAS,Ocean Bank filed a Motion to Dismiss which was ultimately rendered moot because its mortgage on the Hotel Property was satisfied on March 25,2020;and WHEREAS,thereafter,the City obtained leave of court to file an amended complaint to include additional causes of action,including for breach of contract arising out of unpaid utility bills,and seeking additional injunctive relief;and WHEREAS,the Deauville Defendants filed counterclaims against the City in the Demolition by Neglect Suit seeking declaratory relief relating to the applicability of Section 118-532(g),among other causes of action;and WHEREAS,following various inspections resulting in a determination that the building located at the Hotel Property had deteriorated to such an extent (for reasons disputed by the parties)that the building must be demolished,on January 19,2022,the Building Official for the City of Miami Beach entered an Emergency Demolition Order;and WHEREAS,the Hotel Property was demolished on November 13,2022 rendering moot some of the relief sought by the City in the Demolition by Neglect Suit;and WHEREAS,the City's claims for unpaid utility bills and the Deauville Defendants' claims challenging the City's North Beach Local Historic District Ordinance and its applicability to the Hotel Property remain pending in the Demolition by Neglect Suit;and WHEREAS,on Demolition by Neglect Suit has been stayed pending mediation pursuant to orders issued by Judge Thomas J.Rebull on February 19,2023,January 19, 2024 and March 5,2025;and WHEREAS,the Hotel Property is the subject of Zoning Violation No.ZV2020- 03121,and Special Magistrate Case No.SMC2020-01415 (the "Demolition by Neglect Violation");and WHEREAS,the Special Magistrate for the City of Miami Beach imposed a fine of $5,000 per day for each day of non-compliance commencing as of March 1,2021 due to DALLC's failure to cure the Demolition by Neglect Violation;and WHEREAS,on October 22,2022,the Special Magistrate granted DALLC's request to stop fines;and WHEREAS,on January 3,2024,the City requested that the fines be reimposed due to DALLC's failure to close its demolition permit and submit an affidavit of compliance, as required;and WHEREAS,an affidavit of compliance was received by the Special Magistrate on May 8,2024 reflecting that the permit had been closed on April 5,2024 and the fines were stopped as of April 5,2024;and 2 WHEREAS,the City holds a lien against the Hotel Property recorded in Official Record Book 32982,Page 3713 of the Public Records of Miami-Dade County,stemming from the Demolition by Neglect Violation (the "Demolition by Neglect Lien");and WHEREAS,the fines levied as a result of the Demolition by Neglect Violation and the interest accrued thereon represent substantial sums;and WHEREAS,the Owners sought,but the Special Magistrate denied,mitigation of the fines and interest accrued as a result of the Demolition by Neglect Violation;and WHEREAS,the Owners filed a notice of administrative appeal of the Special Magistrate's decision to deny mitigation in the case styled Deauvil/e Associates,LLC vs. the City of Miami Beach,Case No.2024-66-AP-01 (Fla.11th Cir.Ct.)(the "Appeal");and WHEREAS,as of April 30,2025,the total amount owed by the Owners with respect to the Demolition by Neglect Violation will be $5,218,803.36,including interest through April 30,2025 (the "Demolition by Neglect Fines Amount")as reflected in the "Special Magistrate Cases/Liens"Section on the Lien Statement included in Exhibit A; and WHEREAS,the Owners are also indebted to the City in the amount of $714,972.34 for unpaid utility bills in respect of the Hotel Property through March 4,2025 corresponding to account number 519145-00 (the "Hotel Property Utilities Debt"),and the City holds a lien against the Property for the Utilities Debt,recorded in Official Record Book 31706,Page 4765 of the Public Records of Miami-Dade County,stemming from the unpaid utility bills (the "Unpaid Hotel Property Utilities Lien"),as reflected in the Lien Statement included in Exhibit A under Charge Type "Utility Bill;and WHEREAS,the Hotel Property is also the subject of the additional Code violations (the "Hotel Property Additional Violations")for which fines have been imposed and remain unpaid in the amount of $83,444.65,including interest through April 30,2025 (the "Hotel Property Additional Violations Fines Amount"),as reflected in the Lien Statement included in Exhibit A under Charge Types "City Bills,""City Invoices,""Licensing,"and "Permits;" and WHEREAS,the Hotel Property is also the subject of two separate Code violations issued following the demolition associated with the Owners'failure to install a fence,and to grade and plant sod as required by Code sections 142-876 (this Code section is now included in section 7.5.1.6 of the Resiliency Code)and section 14-501 (initially issued pursuant to Code section 126-6,but revised on April 15,2025 to reflect the correct Code section),assigned violation numbers ZV2023-05067 and BVB25002614,respectively (the "Failure to Install Sod Violations");and WHEREAS,DALLC is indebted to the City in the amount of $126,566.96 for unpaid utility bills in respect of the Garage Property through March 4,2025 corresponding to 3 account numbers 519146-00,519146-01 and 519149-00 (the "Garage Property Utilities Debt")as reflected in the Lien Statement included in Exhibit B under Charge Type "Utility Bill";and WHEREAS,the Garage Property is the subject of various Code violations for which fines have been imposed and remain unpaid in the amount of $3,738.75 (the "Garage Property Additional Violations Fines Amont")as reflected in the Lien Statement included in Exhibit B under Charge Types "Unsafe Structure,""City Invoices," "Licensing,"and with respect to case numbers SMB 2023-02059 (the "Garage Structural Violation"),SMC 2022-02312,and SMC 2024-03055 (the "Garage Concrete Restoration Violation")referenced in the "Special Magistrate Cases/Liens"Section of the Lien Statement;and WHEREAS,the Garage Property is also the subject of Zoning Violation No. ZV2022-04494,and the related Special Magistrate Case No.SMC2023-02438,arising out of DALLC's violation of Section 126-16(a)of the Code which requires an owner to ensure that required landscaping is properly maintained (the "Garage Landscaping Violation");and WHEREAS,the Special Magistrate for the City of Miami Beach imposed a fine of $150 per day for each day of non-compliance commencing on July 20,2023 due to DALLC's failure to cure the Garage Landscaping Violation;and WHEREAS,the City holds a lien against the Garage Property recorded in Official Record Book 34051,Page 4361 of the Public Records of Miami-Dade County,stemming from the Garage Landscaping Violation (the "Garage Landscaping Lien");and WHEREAS,the amount owed by DALLC with respect to the Garage Landscaping Violation is $118,462.62,including interest through April 30,2025 (the "Existing Garage Landscaping Fines Amount"),as reflected in the "Special Magistrate Cases/Liens" Section on the Lien Statement included in Exhibit B;and WHEREAS,the Failure to Install Sod Violation,the Garage Structural Violation, the Garage Concrete Restoration Violation and the Garage Landscaping Violation have not been cured as of the date of this Agreement;and WHEREAS,to avoid the costs and uncertainties of continued litigation associated with the Demolition by Neglect Suit and the Appeal,and to resolve certain other disputes among the Parties related to unpaid utilities invoices and code violation fines,the Parties are desirous of resolving all existing amounts owed and disputes relating to the Demolition by Neglect Suit,the Demolition by Neglect Violation,the Appeal,the Hotel Property Additional Violations,the Hotel Property Additional Violations Fines Amount,the Hotel Property Utilities Debt,the Garage Property Utilities Debt,the Garage Property Additional Violations Fines Amont and the Existing Garage Landscaping Fines Amount, but without releasing the Owners from the Failure to Install Sod Violation,the Garage Structural Violation,the Garage Concrete Restoration Violation,or the Garage 4 Landscaping Violation,pursuant to the terms and conditions set forth in the Settlement Agreement between,on the one hand,the City,and on the other hand,the Deauville Parties,consisting of TMG,DALLC,DHP and DHH,a copy of which is attached to this Resolution as Exhibit A (the "Settlement Agreement")and which Settlement Agreement contemplates that (1)the Deauville Parties shall pay to the City all amounts currently due in respect of certain violations against the properties located at 6701 Collins Avenue and 6625 Indian Creek Drive as specified in the Settlement Agreement,(2)the City and the Deauville parties shall agree to dismiss their respective claims in the lawsuit styled City of Miami Beach vs.Deauville Associates,LLC,et al.,Case No.2019-003653,and (3)the Deauville Parties shall file a Notice of Voluntary Dismissal of the appeal styled Deauville Associates,LLC vs.the City of Miami Beach,Case No.2024-66-AP-01. WHEREAS,the Mayor and City Commission desires to settle the various claims and counterclaims among the Parties as set forth in the Settlement Agreement;and WHEREAS,during discussion of this item at the April 23,2025 meeting of the City Commission,Commissioner David Suarez made a motion to amend the Settlement Agreement to require that (a)the Owners improve the Hotel Property with irrigation and lighting sufficient to bring the Property into a park-like condition;(b)the Owners provide public access to the improved park area from sunrise to sunset;and (c)the Owners prepare a detailed site plan,to be included as an exhibit to the amendment,illustrating the proposed park improvements,including landscaping,irrigation,lighting and access points. NOW,THEREFORE,BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH,FLORIDA,that the Mayor and City Commission hereby approve a Settlement Agreement between,on the one hand,the City of Miami Beach,and on the other hand,the Deauville Parties,consisting of TMG 67 Communities,LLC,a Delaware limited liability company,Deauville Associates,LLC,a Florida limited liability company,Deauville Hotel Property,LLC,a Florida limited liability company,and Deauville Hotel Holdings,LLC,a Florida limited liability company,pursuant to which (1)the Deauville Parties shall pay to the City all amounts currently due in respect of certain violations against the properties located at 6701 Collins Avenue and 6625 Indian Creek Drive as specified in the Settlement Agreement,(2)the City and the Deauville parties shall agree to dismiss their respective claims in the lawsuit styled City of Miami Beach vs.Deauville Associates,LLC,et al.,Case No.2019-003653,and (3)the Deauville Parties shall file a Notice of Voluntary Dismissal of the appeal styled Deauville Associates,LLC vs.the City of Miami Beach,Case No.2024-66-AP-01;and further, authorizing the City Manager and City Clerk to execute the Settlement Agreement in the form attached to this Resolution together with any documents ancillary thereto including, without limitation,an escrow agreement,in such form as is approved by the City Attorney; and further,directing the Administration to negotiate an amendment to the Settlement Agreement requiring that (a)the Owners improve the Hotel Property with irrigation and lighting sufficient to bring the Property into a park-like condition;(b)the Owners provide public access to the improved park area from sunrise to sunset;and (c)the Owners prepare a detailed site plan,to be included as an exhibit to the amendment,illustrating 5 the proposed park improvements,including landscaping,irrigation,lighting and access points;and further,directing the Administration to present the proposed amendment to the Mayor and City Commission for approval prior to any consideration by the City Commission of the comprehensive plan and land development regulation amendments pertaining to the North Beach Oceanfront Overlay and any related Development Agreement. PASSED and ADOPTED this 73 _day ot Pi',2025. ATTEST: 7 Steven Meiner,Mayor Rafael E.Granado,City Clerk MAY 2 7 2025 APPROVED AS TO FORM &LANGUAGE &FOR EXECUTIONGoCityAttorney lz]zz Date 6 Resolutions - C7 AU MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM� City Attorney Ricardo J. Dopico DATE: April 23, 2025 TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA APPROVING A SETTLEMENT AGREEMENT BETWEEN, ON THE ONE HAND, THE CITY OF MIAMI BEACH, AND ON THE OTHER HAND, THE DEAUVILLE PARTIES, CONSISTING OF TMG 67 COMMUNITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY, DEAUVILLE ASSOCIATES, LLC, A FLORIDA LIMITED LIABILITY COMPANY, DEAUVILLE HOTEL PROPERTY, ILC, A FLORIDA LIMITED LIABILITY COMPANY, AND DEAUVILLE HOTEL HOLDINGS, LLC, A FLORIDA LIMITED LIABILITY COMPANY. PURSUANT TO WHICH (1) THE DEAUVILLE PARTIES SHALL PAY TO THE CITY ALL AMOUNTS CURRENTLY DUE IN RESPECT OF CERTAIN VIOLATIONS AGAINST THE PROPERTIES LOCATED AT 6701 COLLINS AVENUE AND 6625 INDIAN CREEK DRIVE AS SPECIFIED IN THE SETTLEMENT AGREEMENT, (2) THE PARTIES SHALL AGREE TO LISMISS THEIR RESPECTIVE CLAIMS IN TrIE LAWSUIT STYLED CITY OF MIAMI BEACH VS. DEAUVILLE ASSOCIATES, LLC, ET AL., CASE N0. 2019-003653, AND (3)THE DEAUVILLE PARTIES SHALL FILE A NOTICE OF VOLUNTARY DISMISSAL OF THE APPEAL STYLED DEAUVILLE ASSOCIATES. LLC VS. THE CITY OF MIAMI BEACH, CASE NO. 2024-66-AP-Ot; FURTHER AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE SETTLEMENT AGREEMENT IN THE FORM ATTACHED TO THIS RESOLUTION. RECOMMENDATION BACKGROUND/HISTORY ANALYSIS The Resolution and Settlement Agreement to be submitled via Supplemental Agenda. FISCAL IMPACT STATEMENT NIA Does this Ordinance require a Business Imoad Estimate? (FOR ORDINANCES ONLY) If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https�/lwww miamibeachfl oov/ciN-halllcity-clerk/meet�nq-notices/ 1678 FINANCIAL INFORMATION CONCLUSION Aoolicable Area Citywitle Is this a "Residents Riaht to Know" item. Is this ilem related to a G.O. Bond pursuant to CiN Code Section 2-17? Proiect? No No Was this Aaenda Item initiallv reauested bv a lobbvist which. as defined in Cade Sec. 2�81. includes a principalenqaqedinlobbyinq? No If so, specify the name of lobbyist(s) and principal(s): Department Ciry Attorney Soonsorlsl Co-sponsor(sl Condensed Title Approve Deawille Fines and Lawsuit Settlement CA Previous Action (Fo� CiN Clefk Use Onlvl 1679 4/18/25 City Draft SETTLEMENT AGREEMENT THIS SETTLEMENT AGREEMENT ("AgreemenY') is made and entered on this day of , 2025, between, on the one hand, TMG 67 Communities, LLC, a Delaware Limited Liability Company ("TMG"), Deauville Associates, LLC, a Florida Limited Liability Company ("DALLC'), Deauville Hotel Property, LLC, a Florida limited liability company ("DHP"), and Deauville Hotel Holdings, LLC, a Florida limited liability company ("DHH and together with DALLC and DHP, the "Deawille Entities", and the Deauville Entities together with TMG ,jointly and severally, the "Owners"), and, on the other hand, the City of Miami Beach, a Florida municipal corporation (the "City"). The parties hereto (the "Parties") agree as follows: RECITALS WHEREAS, the TMG and DALLC hold fee simple title to the property located at 6701 Collins Avenue and identified by Miami-Dade County Folio No. 02-3211-007-0420 (the "Hotel Property"), within the City; and WHEREAS, DALLC holds fee simple title to the property located at 6625 Indian Creek Drive and identified by Miami-Dade County Folio No. 02-3211-007-1800 (the "Garage Property"), within the City; and WHEREAS, on February 5, 2019, the City filed a lawsuit in the 11th Judicial Circuit in and for Miami-Dade County Florida, Case No. 19-03653 (the "Demolition by Neglect Suit"), against DALLC, DHP and DHH (the "Deauville Defendants") and Ocean Bank, a Florida banking corporation ("Ocean Bank"), asserting causes of action against the Deauville Defendants for violations of Sedion 118-532(g) of the Code of Ordinances of the City of Miami Beach (the "Code") and failure to remit resort taxes and requesting injundive relief as well as the appointment of a receiver; and WHEREAS, Ocean Bank filed a Motion to Dismiss which was ultimately rendered moot because its mortgage on the Hotel Property was satisfied on March 25, 2020; and WHEREAS, thereafter, the City obtained leave of court to file an amended complaint to indude additional causes of action, induding for breach of contract arising out of unpaid utility bills, and seeking additional injunctive relief; and WHEREAS, the Deauville Entities filed munterdaims against the City in the Demolition by Negled Suit seeking dedaratory relief relating to the applicability of Section 118-532(g), among other causes of action; and 8 4/18/25 City Draft WHEREAS, following various inspections resulting in a determination that the building located at the Hotel Property had deteriorated to such an extent (for reasons disputed by the parties) that the buiiding must be demolished, on January 19, 2022, the Building Official for the City of Miami Beach entered an Emergency Demolition Order; and WHEREAS, the Hotel Property was demolished on November 13, 2022 rendering moot some of the relief sought by the City in the Demolition by Neglect Suit; and WHEREAS, the City's daims for unpaid utility bills and the Deauville Entities' daims challenging the City's North Beach Local Historic District Ordinance and its applicability to the Hotel Property remain pending in the Demolition by Negled Suit; and WHEREAS, on Demolition by Neglect Suit has been stayed pending mediation pursuant to orders issued by Judge Thomas 1. Rebull on February 19, 2023, January 19, 2024 and March 5, 2025; and WHEREAS, the Hotel Property is the subject of Zoning Violation No. ZV2020-03121, and Special Magistrate Case No. SMC2020-01415 (the"Demolition by Neglect Violation"); and WHEREAS, the Special Magistrate for the City of Miami Beach imposed a fine of $5,000 per day for each day of nomcompliance commencing as of March 1, 2021 due to DALLCs failure to cure the Demolition by Neglect Violation; and WHEREAS, on October 22, 2022, the Special Magistrate granted DALLC's request to stop fines; and WHEREAS, on January 3, 2024, the City requested that the fines be reimposed due to DALLC's failure to close its demolition permit and submit an affidavit of compliance, as required; and WHEREAS, an affidavit of compliance was received by thn Special Magistrate on May 8, 2024 reflecting that the permit had been dosed on April 5, 2024 and the fines were stopped as of April 5, 2024; and WHEREAS, the City holds a lien against the Hotel Property recorded in Official Record Book 32982, Page 3713 of the Public Records of Miami-Dade County, stemming from the Demolition by Negled Violation (the "Demolition by Neglect Lien"); and WHEREAS, the fines levied as a result of the Demolition by Neglect Violation and the interest accrued thereon represent substantial sums; and 9 4/18/25 City Draft WHEREAS, the Owners sought, but the Special Magistrate denied, mitigation of the fines and interest accrued as a result of the Demolition by Neglect Violation; and WHEREAS, the Owners filed a notice of administrative appeal of the Special Magistrate's decision to deny mitigation in the case styled Deauville Associates, CCC vs. the City of Miami Beach, Case No. 2024-66-AP-01 (Fla. 11th Cic Q.) (the "Appeal"); and WHEREAS, as of April 30, 2025, the total amount owed by the Owners with respect to the Demolition by Neglect Violation will be $5,218,80336, induding interest through April 30, 2025 (the "Demolition by Negled Fines AmounY') as reflected in the "Speciai Magistrate Cases/Liens" Section on the Lien Statement induded in Exhibit A; and WHEREAS, the Owners are also indebted to the City in the amount of $714,97234 for unpaid utility bills in resped of the Hotel Property through March 4, 2025 corresponding to account number 519145-00 (the "Hotel Property Utilities DebY'), and the City holds a lien against the Property for the Utilities Debt, recorded in Official Record Book 31706, Page 4765 of the Public Records of Miami-Dade County, stemming from the unpaid utility bills(the"Unpaid Hotel Property Utilities Lien"), as reflected in the Lien Statement included in Exhibit A under Charge Type "Utility Bill; and WHEREAS, the Hotel Property is also the subject of the additional Code violations (the "Hotel Property Additional Violations")for which fines have been imposed and remain unpaid in the amount of $83,444.65, induding interest through April 30, 2025 (the "Hotel Property Additional Violations Fines AmounY"), as reflected in the Lien Statement induded in Exhibit A under Charge Types "City Bills;' "City Invoices;' "Licensing;' and "Permits;" and WHEREAS, the Hotel Property is also the subject of a Code violation issued following the demolition associated with the Owners' failure to plant sod as required by Code section 14-501 (initially issued pursuant to Code section 126-6, but revised on April 15, 2025 to reflect the corred Code section), assigned violation number BVB25002614, (the "Failure to Install Sod Violation"); and WHEREAS, DALLC is indebted to the City in the amount of $126,566.96 for unpaid utility bills in respect of the Garage Property through March 4, 2025 corresponding to account numbers 519146-00, 519146-01 and 519149-00 (the "Garage Property Utilities DebY') as refleded in the Lien Statement induded in Exhibit B under Charge Type "Utility Bill"; and WHEREAS, the Garage Property is the subject of various Code violations for which fines have been imposed and remain unpaid in the amount of $3,738.75 (the "Garage Property 10 4/18/25 City Draft Additional Violations Fines AmonY') as refleded in the Lien Statement induded in Exhibit B under Charge Types "Unsafe Structure;"'City Invoices;"'Licensing;' and with respect to case numbers SMB 2023-02059 (the "Garage Structural Violation"), SMC 2022-02312, and SMC 2024-03055 (the "Garage Concrete Restoration Violation") referenced in the "Special Magistrate Cases/Liens" Section of the Lien Statement; and W HEREAS,the Garage Property is also the subject of Zoning Violation No.ZV2022-04494, and the related Special Magistrate Case No. SMC2023-02435, arising out of DALLCs violation of Section 126-16(a) of the Code which requires an owner to ensure that required landscaping is properly maintained (the "Garage Landscaping Violation"); and WHEREAS, the Special Magistrate for the City of Miami Beach imposed a fine of $150 per day for each day of non-compliance commencing on July 20, 2023 due to DALLCs failure to cure the Garage Landscaping Violation; and WHEREAS, the City holds a lien against the Garage Property recorded in Official Record Book 34051, Page 4361 of the Public Records of Miami-Dade County, stemming from the Garage Landscaping Violation (the "Garage Landscaping Lien"); and WHEREAS, the amount owed by DALLC with resped to the Garage Landscaping Violation is $118,46262, induding interestthrough Apri130, 2025 (the "Existing Garage Landscaping Fines AmounY'), as refleded in the "Special Magistrate Cases/Liens" Section on the Lien Statement included in Exhibit B; and WHEREAS, the Failure to Install Sod Violation, the Garage Strudural Violation, the Garage Concrete Restoration Violation and the Garage Landscaping Violation have not been cured as of the date of this Agreement; and WHEREAS, to avoid the costs and uncertainties of continued litigation associated with the Demolition by Neglect Suit and the Appeai, and to resolve certain other disputes among the Parties related to unpaid utiliYies invoices and code violation fines, the Parties are desirous of resolving all existing amounts owed and disputes relating to the Demolition by Neglect Suit, the Demolition by Neglect Violation, the Appeal, the Hotel Property Additional Violations, the Hotel Property Additional Violations Fines Amount, the Hotel Property Utilities Debt, the Garage Property Utilities Debt, the Garage Property Additional Violations Fines Amont and the Existing Garage Landscaping Fines Amount, on the terms and conditions hereinafter set forth, it being understood and agreed that this agreement shall not release the Owners from the Failure to Install Sod Violation, and shall not release the Deauville Entities from the Garage Structural Violation, the Garage Concrete Restoration Violation, or the Garage Landscaping Violation and, at such time as 11 4/18/25 City Draft TMG owns or has any interest in the Garage Property, diredly or indiredly, then TMG shali also become diredly liable to the City for the Garage Structural Violation, the Garage Concrete Restoration Violation and the Garage Landscaping Violation. NOW, THEREFORE, in consideration of the terms and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Owners and the City, intending to be legally bound, agree as follows: A. Recitals. The above-referenced recitals are true and correct and are hereby incorporated into this Agreement for all purposes. B. Reoresentation. The Parties have entered into this Agreement without duress, coercion, or under undue influenw of any kind, and are motivated by a desire to avoid the costs and time associated with litigation and to arrive at a fair and reasonable agreement with regard to the Parties' disputes. The Parties acknowledge that they have been represented by counsel in connection with the negotiation of the terms of this Agreement and that they enter into this Agreement freely and voluntarily, and only after consultation with their respective counsel. C. Effective Date of Agreement. The parties shall execute and deliver this Agreement by or before April 21, 2025, but this Agreement shall not become fully effective unless and until a resolution approving it is adopted by the Mayor and City Commission of the City of Miami Beach, Florida (the "City Commission"). If the City Commission adopts a resolution approving this Agreement, the date of the meeting at which such resolution is adopted shall be the "Effective Date" of this Agreement for all purposes. If the City Commission has not adopted a resolution approving this Agreement by or before December 31, 2025, this Agreement shall be void and of no further force or effed. D. Terms of Agreement. In connection with the parties' mutual execution of this Agreement and the covenants and terms herein, Owners and the City agree as fol lows: I. Concurrently with the execution of this Agreement, the parties shall execute a settlement escrow agreement (the "Escrow AgreemenY') among the parties and Holland & Knight LLP, as escrow agent (the "Escrow AgenY'), and Owners shall wire the sum of $6,300,000.00 (the "Settlement AmounY') to the Escrow AgenYs trust account in the following installments i): 50% on or before April 22, 2025; and ii) 50% on or before May 20, 2025. Once this Agreement is approved by the City Commission, (i) this Agreement shall become fully effective, (ii) the Escrow Agent will release the Settlement Amount to the City and (iii) the Settlement Amount shall constitute full and 12 4/18/25 City Draft final satisfaction of (a) the Demolition by Neglect Fines Amount; (b) the Hotel Property Additional Violations Fines Amount, (c) the Hotel Property Utilities Debt, (d) the Garage Property Utilities Debt (e) the Garage Property Additional Violations Fines Amont and (� the Existing Garage Landscaping Fines Amount. The Settlement Amount shall be paid by wire to the Escrow Agent in accordance with instructions set forth in the Settlement Escrow Agreement. II. Dismissal of the Demolition by Neglect Suit. Within ten (10) business days of the Effective Date of this Agreement, the parties shall dismiss their respedive daims in the Demolition by Neglect Suit with prejudice. The Parties shall bear their own costs and fees associated with the Demolition by Neglect Suit. III. Dismissal of Appeal. Within ten (10) business days of the Effective Date of this Agreement, the Owner shall file a notice of voluntary dismissal of the Appeal. The Parties shall bear their own costs and fees associated with the Appeal. IV. Release of Demolition by Neglect Lien. Within ten (10) business days of the release by Escrow Agent of the Settlement Amount to the City, the City shall record a release of lien with respect to the Demolition by Neglect Lien. V. Release of Unpaid Hotel Property Utilities Lien. Within ten (10) business days of the release by Escrow Agent of the Settlement Amount to the City, the City shall record a release of lien with respect to the Unpaid Hotel Property Utilities Lien. VI. Uncured Violations at Garage Property. Although the Existing Garage Landscaping Violation fines Amount representing fines and interest owed in respect of the Garage Landscaping Violation as of April 30, 2025 is being settled pursuant to this Agreement, DALLC shall remain liable for curing the Garage Landscaping Violation and the daily fine of $150 per day, together with interest, shall continue to accrue until such time as the Garage Landscaping Violation has been cured and DALLC has obtained an affidavit of compliance with respect thereto. Within five (5) business days of DALLC obtaining an affidavit of compliance and DALLC's payment in full of any then outstanding fines and interest with respect to the Garage Landscaping Violation, the City shall record a release of lien with resped to the Garage Landscaping Lien. Similarly, the DALLC shall remain liable for curing the 13 4/18/25 City Draft Garage Strudural Violation, and the Garage Concrete Restoration Violation. and the Failure to Install Sod Violation. Owners agree to use commercially reasonable best efforts to cure the Garage Landscaping Violation and the Failure to Install Sod Violation by or before June 30, 2025. The City acknowledges that DALLC has commenced to cure the Garage Strudural Violation and the Garage Concrete Restoration Violation, and DALLC agrees to diligently pursue the cure of these violations to ensure they have been completed by or before December 31, 2025. As of the date of execution of this Agreement, TMG does not, diredly or indirectly, own or have any other interest in the Garage Property, but it is anticipated that TMG will become an owner or have another interest in the Garage Property. From and after the date that TMG becomes an owner or acquires any other interest in the Garage ProperTy, directly or indirectly, the term "DALLC" in this paragraph, shall be deemed replaced with the term "Owners" and the phrase "DALLC shall remain" shall be automatically be replaced with the phrase "Owners shall remain jointly and severally." VII. Uncured Violations at Hotel Property. The Failure to Install Sod Violation remains open and Owners shall remain liable for curing the Failure to Install Sod Violation and any fines that may accrue. Within five (5) business days of obtaining an affidavit of compliance and payment in full of any then outstanding fines and interest with respect to the Failure to Install Sod Violation, the City shall record a release of lien with resped to the Failure to Install Sod Violation. The City acknowledges that the Owners have commenced to cure the Failure to Install Sod Violation, and the Owners agree to diligently pursue the cure of these violations to ensure they have been completed by or before Dewmber 31, 2025 VIII. Release. The Parties hereby remise, release, acquit and forever discharge one another and their respedive attorneys, affiliates, subsidiaries, parent companies, representatives, officers, diredors, employees, shareholders, agents, administrators, successors, predecessors, principals, trustees receivers and assigns from any past, present and future daims, actions, causes of action, demands, rights, damages, costs, losses, expenses, compensations and obligations which exist or which may hereafter accrue, whether known or unknown, whether foreseen or unforeseen, whether matured or not mature, whether latent or patent, whether discovered or undiscovered, and the consequences thereof, having resulted, resulting or to result from any or all of the following: 14 4/18/25 CiYy Draft a. All matters or disputes which have been or muld have been alleged in the Demolition by Negled Suit or the Appeal; b. Any rights of the Parties pursuant to any code, statute or law, whether now or hereafter in effect, relating to any of the daims and fines being settled pursuant to this Agreement; c. Any and all claims for attorney's fees and costs in any way related to the Demolition by Neglect Suit, the Appeal, and any other matters related to any of the claims and fines being settled pursuant to this Agreement. For the avoidance of doubt, the foregoing release shall not be construed as releasing the Owners from the Failure Install Sod Violation, the Garaqe Structural Violation, the Garage Concrete Restoration Violation, or the Garage Landscaping Violation or any fines accruing as a result of such violations except for any existing tines which have been expressly settled pursuant to this Agreement. E. Enforcement; Remedies. The parties hereto shall have all equitable and legal remedies available under Florida law to enforce the terms and conditions of this Agreement, and the terms of this Agreement shall be specifically enforceable in Circuit Court. F. Governing Law;Venue. This AgreemenY shall be construed, interpreted, enforced, and governed in accordance with the laws of the State of Florida. Venue for any adion arising out of or related to this Agreement shall be in Miami-Dade County, Florida. G. Authorit¢ Each party represents and warrants, with respect to itself, that the execution and delivery of this Agreement has been authorized by all necessary action of each party, and that this Agreement constitutes the legal, valid, and binding agreement of each party, enforceable in accordance with its terms. It is =xpressly understood and agreed that this Agreement shall not become binding upon the City unless and until the City Commission approves this Agreement at a public meeting in accordance with Florida law. H. Severabilitv. If any part of this Agreement is found invalid or unenforceable by any court of mmpetentjurisdiction, such invalidity or unenforceability shall not affect the other parts of this Agreement if the rights and obligations of the parties contained therein are not materially prejudiced and if the intentions of the parties can continue to be effectuated. To that end, this Agreement is dedared severable. 15 4/18/25 City Draft I. Entire Ac�reement. This Agreement constitutes the sole and entire agreement between the Parties and supersedes all prior and contemporaneous statements, promises, understandings or agreements, whether written or oral. J. Disclaimer of Third-Part�eneficiaries. This Agreement is solely for the benefit of Owners and the City, and their respective successors and assigns, and no right or cause of action shall accrue by reason hereof to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon or give any other third person or entity any right, remedy, or daim under or by reason of this Agreement or any provisions or conditions hereof, other than as expressly stated herein. K. Construction: Headinqs. All parties hereto acknowledge that they participated in the negotiation and drafting of the terms of this Agreement and acknowledge that no provision shall be strictly construed against one party or the other based solely on draftsmanship. All sedions and descriptive headings in this Agreement are inserted for convenience only, and shall neither affect the construction or interpretation hereof, nor add or subtract from the meaning of the contents of each section. L. Interpretation. This Agreement shall be read and interpreted in such a manner as to give all provisions their ordinary and customary meaning, and all words, terms, and phrases not othenvise specifically defined by a capitalized term or otherwise shall have the same meaning and interpretation as customarily used among lay persons. The terms "hereby," "hereof," "herein," "hereto," "hereunder," and any similar terms refer to this Agreement in its entirety and not solely to the particular section or paragraph in which the term is used. All words, terms, and phrases specifically defined by a capitalized term shall apply throughout this Agreement in its entirety and not solely to the particular section or paragraph in which the term is used. In construing this Agreement, the singular shall be held to indude the plural, the plural shall indude the singular, and the use of any gender shall indude every other and all genders. 16 4/18/25 City Draft M. Notices. All notices and other communications required hereunder shall be in writing and shall be delivered personally, or by registered or certified mail, retum receipt requested, postage prepaid, or by Federal Express, Airborne Express Mail, or other nationally recognized overnight commercial delivery service, fees prepaid for next day delivery. Such notices shall be deemed to have been received (i) upon delivery, if personally delivered; (ii) upon the earlier of actual receipt or the third day after mailing, if mailed by registered or certified United States mail, return receipt requested, postage prepaid; and (iii) upon the earlier of adual receipt or the next business day if sent by Federal Express, Airborne Express, or other nationally recognized overnight commercial delivery service, if fees are prepaid for next day delivery. The addresses for delivery of such notices shall be as follows: 17 4/18/25 City Draft TO THE CITY: City Manager City of Miami Beach 1700 Convention Center Drive Miami, Florida 33139 With a copy to: City Attorney City of Miami Beach 1700 Convention Center Drive Miami, Florida 33139 TO THE OWNERS TMG Communities 67 LLC 3310 Mary Street, Suite 302 Coconut Grove, Florida 33133 Attn. Legal Department Deauville Associates LLC 5101 Collins Avenue, Attn. Management Office Miami Beach, Florida 33140 With a copy to: Bercow, Rad.11 Femandez Larkin & Tapanes PLLC 200 S Biscayne Boulevard, Suite 300 Miami, Florida 33131 Attn. Jeffrey Bercow, Esq. 18 4/18/25 City Draft Or to such other address as any party hereto shall from time to time designate to the other party by notice in writing as herein provided. N. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original and need not be signed by more than one of the parties hereto and all of which shall constitute one and the same agreement. Signatures to this Agreement transmitted by eledronic mail in .pdf form, or by any other elecVonic means designed to preserve the original graphic and pidorial appearance of a document, will be deemed to have the same effect as physical delivery of the paper document bearing the original signatures. No party shall be bound until such time as the other party has executed counterparts of this Agreement. The parties hereto further agree that each party shall execute and deliver all other appropriate supplemental agreements and other instruments and take any other action necessary to make this Agreement fully and legally effective, binding, and enforceable as between them and as against third parties. O. Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the respective successors, heirs, assigns, representatives, affiliates, officers, directors, and members of the parties hereto. P. Effective Date. This Agreement shall become binding upon the date of execution by the last of the parties hereto but shall only become fully effective upon its approval of the Agreement by the Mayor and City Commission (the date of such approval, the "Effedive Date"). Q. Waiver of Jury Trial. The parties hereby knowingly, voluntarily, and intentionally waive any right to a jury trial with respect to any daims arising in connection with this Agreement. 19 4/18/25 City Draft IN WITNE55 WHEREOF, the parties hereto have caused this Agreement to be executed in a manner sufficient to bind them on the day and year identified below. Signed, sealed, and delivered before me: THE CITY OF MIAMI BEACH, FLORIDA, a Florida municipal corporation By: Eric T. Carpenter, City Manager Date: ATTEST: Rafael E Granado, City Clerk APPROVED AS TO FORM: Ricardo 1. Dopico, City Attorney 20 4/18/25 City Draft WITNESSES TMG 67 Communities, LLC a Delaware Limited Liability Company, By: Print Name: Name: Its: Print Name: Date: STATE OF FLORIDA ) ) SS COUNTY OF MIAMI-DADE ) The foregoing instrument was sworn and subscribed before me by means of [ ] physical presence or [ ] online notarization this _ day of 2025 by , as of TMG 67 Communities LLC, on behalf of said entity. Said person (check one) ( ) is personally known to me or ( ) produced as identification. NOTARY PUBLIC, State of Florida at Large. Print or Stamp Name: Commission No.: My Commission expires: 21 4/18/25 City Draft Deauville Associates, LLC a Florida WITNESSES Limited Liability Company, By: Name: Print Name: Its: Date: Print Name• STATE OF FLORIDA ) ) SS COUNTY Of MIAMI-DADE ) The foregoing instrument was sworn and subscribed before me by means of [ ] physical presence or [ ] online notarization this _ day of 2025 by , as of Deauville Associates, LLC, on behalf of said entity. Said person (check one) O is personally known to me or O produced as identification. NOTARY PUBLIC, State of Florida at Large. Print or Stamp Name: Commission No.: My Commission expires: 22 4/18/25 City Draft Deauville Hotel Property, LLC a Florida WITNESSES Limited Liability Company, By: Name: Print Name: Its: Date: Print Name• STATE OF FLORIDA ) ) SS COUNTY OF MIAMI-DADE ) The foregoing instrument was swom and subscribed before me by means of [ ] physical presence or [ ] online notarization this _day of 2025 by , as of Deauville Associates, LLC, on behalf of said entity. Said person (check one) O is personally known to me or O produced as identification. NOTARY PUBLIC, State of Florida at Large. Print or Stamp Name: Commission No.: My Commission expires: 23 4/18/25 City Draft Deauville Hotel Holdings, LLC a Florida WITNESSES Limited liability Company, By: Name: Print Name• Its: Date: Print Name• STATE OF FLORIDA ) ) 55 COUNTY OF MIAMI-DADE ) The foregoing instrument was swom and subscribed before me by means of [ ] physical presence or [ ] online notarization this day of 2025 by , as of Deauville Associates, LLC, on behalf of said entity. Said person (check one) O is personally known to me or O produced as identification. NOTARY PUBLIC, State of Florida at Large. Print or Stamp Name: Commission No.: My Commission expires: 24 4/1 S/25 City Draft Exhibit A 25 4/18/25 City Draft Exhibit B 26