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C7F-Approve Settlement For City Liens Property Located At 418-422 And 426 MeridiCOMMISSION ITEM SUMMARY Condensed Title: A Resolution of the Mayor and City Commission of the City of Miami Beach, Florida, approving the settlement in the amount of $45,000 for City liens on property owned by Plaza Hotel, LLC, located at 418-422 Meridian Avenue and 426 Meridian Avenue, Miami Beach, Florida, in the original amount of $338,522.46, and further authorizing the City Manager to take such action and execute any and all necessary documents to complete such lien release and settlement. Ke Intended Outcome Su orted: Shall the Mayor and City Commission approve the Resolution? mendation: LeaseFiorida Street, LLC ("LeaseFiorida') owns and holds the first Mortgage on the following properties (the 'Properties") located in the City of Miami Beach, Florida: 518-522 Meridian Avenue, Miami Beach, Florida; and 526 Meridian Avenue, Miami Beach, Florida which are in violation of numerous City of Miami Beach Code provisions and for which the City recorded liens for noncompliance. The violations were issued in connection with the 40 year building recertification, interior renovations without a permit, water intrusion in several units and for the closure of the 526 Meridian Avenue property due an unsafe structure resulting from improper shoring. This building was shut down and is currently unoccupied. In its governmental and regulatory capacity, the City of Miami Beach recorded liens in the public records of Miami- Dade County, Florida (the "Liens"). The fines are $338,522.46. In reviewing the history and nature of the violations, the amount of the liens accumulated exceed the appropriate penalty. Therefore, in order to facilitate the rehabilitation of the Properties by LeaseFiorida, the City has agreed to stop the fines from accruing in connection with the pending Special Master Cases, upon receipt of $45,000 mitigation payment. This amount represents 13.3% of the accrued fines and is consistent with prior reductions approved by the City Commission and is more in keeping with the nature of the violations. Additionally, Lease Florida will pay the City 1 00% of the moneys owed for utilities, resort taxes and City Bills incurred by the prior owner, within 15 days from the date of Commission Approval. As of June 6, 2012, this amount was $32,154.54. LeaseFiorida further agrees that within six (6) months from obtaining title to the Properties, either by the issuance of a Certificate of Title or a Deed in Lieu of Foreclosure, to cure the violations. In the event that the violations are not cured, the cases will be brought back to the Special Master, and depending upon the status of the repairs, fines may resume. In light of the foregoing, it is recommended that the City enter into an agreement with LeaseFiorida as outlined above. The Administration recommends adopting the Resolution authorizing the City Manager to execute any and all documents necessa to com lete settlement and release of Liens. Financial Information: Source of Funds: OBPI Financial Impact Summary: Clerk's Office Le islative Trackin Amount First Assistant City Attorney Assistant City .Manager SR JGG MIAMI BEACH 200 Account Approved anager KGB AGENDA ITEM --=-~7-+F __ DATE ,w /d~ 12_ ~ MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachA.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROM: Kathie G. Brooks, Interim City Manager DATE: September 12, 2012 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SETTLEMENT IN THE AMOUNT OF $45,000.00 FOR CITY LIENS ON PROPERTY OWNED BY PLAZA HOTEL, LLC, LOCATED AT 418-422 MERIDIAN AVENUE AND 426 MERIDIAN AVENUE, MIAMI BEACH, FLORIDA, IN THE ORIGINAL AMOUNT OF $338,522.46, AND FURTHER AUTHORIZING THE CITY MANAGER TO TAKE SUCH ACTION AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS TO COMPLETE SUCH LIEN RELEASE AND SETTLEMENT. ADMINISTRATION RECOMMENDATION Adopt the Resolution as described. ANALYSIS LeaseFiorida 51h Street, LLC ("LeaseFiorida') owns and holds the first Mortgage on the following properties (the 'Properties") located in the City of Miami Beach, Florida: 518-522 Meridian Avenue, Miami Beach, Florida; and 526 Meridian Avenue, Miami Beach, Florida which are in violation of numerous City of Miami Beach Code provisions and for which the City recorded liens for noncompliance. The violations were issued in connection with the 40 year building recertification, interior renovations without a permit, water intrusion in several units and for the closure of the 526 Meridian Avenue property due an unsafe structure resulting from improper shoring. This building was shut down and is currently unoccupied. In its governmental and regulatory capacity, the City of Miami Beach recorded liens in the public records of Miami-Dade County, Florida (the "Liens"). The fines are $338,522.46. In reviewing the history and nature of the violations, the amount of the liens accumulated exceed the appropriate penalty. Therefore, in order to facilitate the rehabilitation of the Properties by LeaseFiorida, the City has agreed to stop the fines from accruing in connection with the pending Special Master Cases, upon receipt of $45,000 mitigation payment. This amount represents 13.3% of the accrued fines and is consistent with prior reductions approved by the City Commission and is more in keeping with the nature of the violations. Additionally, Lease Florida will pay the City 100% of the moneys owed for utilities, resort taxes and City Bills incurred by the prior owner, within 15 days from the date of Commission Approval. As of June 6, 2012, this amount was $32,154.54. 201 Lease Florida further agrees that within six (6) months from obtaining title to the Properties, either by the issuance of a Certificate of Title or a Deed in Lieu of Foreclosure, to cure the violations. In the event that the violations are not cured, the cases will be brought back to the Special Master, and depending upon the status of the repairs, fines may resume. In light of the foregoing, it is recommended that the City enter into an agreement with Lease Florida as outlined above. ADMINISTRATION RECOMMENDATION Adopt the Resolution authorizing the City Manager to execute any and all documents necessary to complete settlement and release of Liens. T:\AGENDA\2012\9-12-12\Piaza Hotel commission memorandum.doc 2 202 RESOLUTION NO.------- A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SETTLEMENT IN THE AMOUNT OF $45,000.00 FOR CITY LIENS ON PROPERTY OWNED BY PLAZA HOTEL, LLC, LOCATED AT 418-422 MERIDIAN AVENUE AND 426 MERIDIAN AVENUE, MIAMI BEACH, FLORIDA, IN THE ORIGINAL AMOUNT OF $338,522.46, AND FURTHER AUTHORIZING THE CITY MANAGER TO TAKE SUCH ACTION AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS TO COMPLETE SUCH LIEN RELEASE AND SETTLEMENT. WHEREAS, the properties located at 418-422 Meridian Avenue and 426 Meridian, Miami Beach, Florida (the "Properties") are currently owned by Plaza Hotel, LLC ("Plaza Hotel"); and WHEREAS, the Properties are accumulating daily fines for building and code compliance violations; and WHEREAS, fines have accumulated in the amount of $338,522.46; and WHEREAS, the Properties are not in compliance with the City Code; and WHEREAS, a Final Judgment of Foreclosure was entered on July 11, 2012 in favor of LeaseFiorida 5th St. LLC ("LeaseFiorida") in the case styled: LeaseF/orida 5th St, LLC v. Plaza Hotel, LLC, eta/., Case No. 12-18755 CA 59, in the Circuit Court of the 11th Judicial Circuit in and for Miami-Dade County, Florida; and WHEREAS, LeaseFiorida intends to obtain title to the Properties either by being the successful bidder at the foreclosure sale or by way of a Deed in Lieu of Foreclosure from Plaza Hotel; and WHEREAS, in review of the history and nature of the violations, the amount of the liens accumulated exceed the appropriate penalty; and WHEREAS, the payment of $338,522.46 would be disproportionate to the nature of the violations; and WHEREAS, in order to facilitate the rehabilitation of the Properties by LeaseFiorida and afford LeaseFiorida the opportunity to cure the violations, the issue of the fines and recorded liens needs to be resolved; and 203 WHEREAS, in light of these circumstances, the Administration recommends that the City Commission approve a $45,000.00 settlement amount for these Properties as a penalty more in keeping with the nature of the violation; and WHEREAS, LeaseFiorida would still be responsible for bringing the underlying violations into compliance with all applicable City codes; and WHEREAS, until the violations are brought into compliance, LeaseFiorida would still be subject to the Special Master process. 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 the settlement in the amount of $45,000.00 for the City liens on property owned by Plaza Hotel, LLC. 418-422 Meridian Avenue and 426 Meridian, Miami Beach, Florida, Miami Beach, Florida, in the original amount of $338,522.46, and further authorize the City Manager to take such action and execute any and all necessary documents to complete such lien release and settlement. PASSED and ADOPTED this __ day of ______ , 2012. ATTEST: CITY CLERK 204 MAYOR APPROVED AS fO fOR.'\-\ 81 lANGUAGE & FO E><ECUTION AGREEMENT THIS AGREEMENT (the "Agreement") is made and entered into as of the_ day of September, 2012 ("Effective Date") between LeaseFlorida 51h Street, LLC ("LeaseFiorida") and the City of Miami Beach, Florida (the "City".) RECITALS A LeaseFiorida owns and holds the first Mortgage on the following properties located in the City of Miami Beach, Florida: 518-522 Meridian Avenue, Miami Beach, Florida and 526 Meridian Avenue, Miami Beach, Florida (the "Properties") which are in violation of numerous City of Miami Beach Code provisions and for which the City recorded liens for noncompliance, all of which are listed in Schedule A attached hereto ("Violations and Liens"). Additionally, there are monies owed to the City for a delinquent water account (account number 52143-00) ("Utility Bill"), resort taxes (account number 978211) ("Resort Taxes") and an unpaid City Bill (CB00020749.) ("City Bill"), Utility Bill account number 520447-00, Plate 755 and City Bills AR #017253 all of which are listed in Schedule "1" attached hereto. The term Monies Owed shall mean all monies owed for the Utility Bill, Resort Taxes and City Bill plus any additional interest, penalties and/or other obligations. Any outstanding Utility Bill, Resort Taxes, City Bill or other amount due not reflected on the Verified Lien Statement dated June 6, 2012, shall be the sole responsibility of the City. B. In its governmental and regulatory capacity, the City is requiring LeaseFiorida to comply with Code of the City of Miami Beach and make the necessary repairs to the Properties to comply with the Violations and Liens and pay a the Monies Owed in full satisfaction thereof to the City upon execution of this Agreement. C. In order to facilitate the rehabilitation of the Properties by LeaseFlorida, the City has agreed to stop the fines accruing in connection with the pending Special Master Cases, set forth in Schedule "A" and release all liens associated those cases set forth in Schedule "A," upon receipt of Forty-Five Thousand and 00/100 ($45,000.00) Dollars (the "Mitigation Payment".) D. The Mitigation Payment and the Monies Owed shall be paid within fifteen (15) days from authorization and approval of this Agreement by the City's commission, as evidenced by the resolution to be delivered to LeaseFiorida .. LeaseFiorida shall cause a check to be issued to each department of the City for each individual charge as set forth in Schedule "A". Upon receipt of these payments, the City shall deliver the original Release of Liens with Continuing Violation ("Release of Lien") and/or satisfaction for Monies Owed to WNF Law, P.L. ("WNF"). The Release of Lien shall be in writing and recordable form. WNF shall cause the Release of Lien to be recorded {A0040729.DOG 2}1 205 among the Public Records of Miami-Dade County, Florida and shall promptly deliver to the City a true certified copy. All recording fees and costs shall be the sole responsibility of LeaseFiorida. NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which hereby acknowledged, the Parties hereby agree as follows: 1. The City and LeaseFiorida agree that the foregoing recitals are true and correct and are incorporated herein as if repeated at length. 2. The City and LeaseFiorida have agreed that the Mitigation Payment is required for releasing the Properties from the City's Code Enforcement, and Building Department liens and the Violations and Liens. 3. The City and LeaseFiorida agree that the Mitigation Payment shall be paid to the City as consideration for issuing the Releases of Lien. 4. LeaseFiorida agrees within six (6) months from the date earlier of either a Deed in Lieu recorded with the Clerk of the Court in favor of LeaseFiorida, its successor and/or assign or the issuance of a Certificate of Title in favor of LeaseFiorida its successor and/or assign, that it will either have cured the violations set forth in Schedule "A" or shall present to the City a written progress report of the repairs and request an extension of time to complete the repairs, which said request shall not be unreasonably withheld (the "Milestone"). 5. In the event that LeaseFiorida misses the Milestone set forth herein, the City will notify the Clerk of the Special Master of LeaseFiorida's non compliance with this Agreement, and at a duly noticed hearing will advise of LeaseFiorida's non- compliance with the terms of this Agreement.. 6. In the event that LeaseFiorida completes the required repairs by the Milestone set forth in Paragraph 4 above, the Mitigation Payment shall satisfy any and all payments due to the City for these Properties and no additional payment(s) shall be due in connection with the violations set forth in Schedule "A." In the event that LeaseFiorida has requested additional time to complete the repairs pursuant to Paragraph 4 above, no addition fees, penalties or charges shall accrue. Upon completion of the requested repairs, LeaseFiorida and the Properties shall be fully released from all Violations and Liens and all other monies and obligations owed with respect to the Properties. 7. The Parties agree to use their best efforts in seeing that the Milestone in Paragraph 4 above moves forward, including but not limited to the approval times required by the City. The City recognizes and agrees that in order for LeaseFiorida to {A0040729.DOC 2 }2 206 obtain compliance and meet the Milestone in Paragraph 4, there might be require action by or on behalf of the City and the City agrees to use its best efforts in seeing that this date is met. In the event any building permit or other approval requiring City approval is delayed more than two (2) business days, the Milestone shall automatically be extended by that time period of delay. 8. Notices. All notices required or permitted to be given hereunder shall be in writing and sent by overnight delivery service (such as Federal Express), in which case notice shall be deemed given on the day after the date sent, or by personal delivery, in which case notice shall be deemed given on the date received, or by certified mail, in which case notice shall be deemed given three (3) days after the date sent, or by fax (with copy by overnight delivery service), in which case notice shall be deemed given on the date sent, to the appropriate address indicated below or at such other place or places as either Party may, from time to time, respectively, designate in a written notice given to the other in the manner described above. If to LeaseFiorida: If to City: Steve L. Waserstein, Esq. 201 S. Biscayne Blvd., Suite 3400 Miami, FL 33131 Telephone: 305 760-8502 Facsimile: 305 749-8959 LeaseFlorida 51h Street, LLC 6001 NW 153 Street, Suite 110 Miami Lakes, Florida 33014 Telephone: (305) 827-8373 Facsimile: Office of the City Attorney City of Miami Beach 1700 Convention Center Drive,41h Floor Miami Beach, Florida 33139 Attn: Jose Smith, City Attorney Telephone: 305-673-7470 Facsimile: 305-673-7002 Kathie G. Brooks, Interim City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Telephone: 305-673-7010 Facsimile: 305-673-7782 Each Party shall have the right to change the address or name of the person to whom such notices are to be delivered by notice to the other party. 207 9. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the permitted successors and assigns of each of the parties hereto. 10. This Agreement may be modified only by a written amendment signed by all parties hereto. 11. This Agreement shall be construed and enforced according to the laws of the State of Florida. 12. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 13. LeaseFiorida hereby acknowledges that it has been represented by legal counsel of its choice, namely: Steve L. Waserstein, Esq., 201 S. Biscayne Blvd., Suite 3400, Miami, Florida 33131. 14. Each Party represents and acknowledges that this Agreement has been entered into freely and voluntarily and that there has been no undue influence or duress brought by either Party, and that each Party is aware of and understands the contents and implications hereof and acknowledges the same. 15. All understandings and agreements heretofore made between the Parties are merged in this Agreement. There are no oral promises, conditions, representations, understandings, interpretations or terms of any kind as conditions or inducements to the execution of this Agreement in effect between the parties. No change or modification of this Agreement shall be valid unless the same is in writing and signed by the parties hereto. No waiver of any of the provisions of this Agreement shall be valid unless the same is in writing and is signed by the party against which it is sought to be enforced and shall be valid only for the particular time and circumstances for which it is obtained. 16. In connection with any litigation arising out of this Agreement, the prevailing Party, including its successors and/or assigns as their interests may appear, in such litigation shall be entitled to recover from the defeated Party, including its successors and/or assigns as their interests may appear, all costs incurred, including reasonable attorneys' fees, and all costs and attorneys' fees on appeal. IN WITNESS WHEREOF, this Agreement has been signed on behalf of the parties hereto as of the day and year first above written. LeaseFiorida 5th Street, LLC, by Alan Waserstein as, Manager of LeaseFiorida Manager, LLC (A004072\LDOC 2 }4 208 Print name: ------------------------Date Executed: ________________ , 2012 Approved Kathie G. Brooks, Interim City Manager Date Executed: 2012. ----------------- {A0040729.DOC 2 209 Schedule "A" Property Address located at: 418-422 Meridian Avenue and 426 Meridian Avenue L Special Master Case# JB11 000551 (Book 27771, Pg 1535) 2, Special Master Case# JC11000432 (Book 27810, Pg 1776) 3. Special Master Case# JB10000458 (Book 27870, Pg 1615) 4, Special Master Case# JB11 000550 (Book 27771, Pg 1534) 5. Special Master Case# JC09000562 (Book 27588, Pg 1044) 6. Special Master Case# JC11000041 (Book 27642, Pg 1516) 7. Special Master Case# JC11000168 (Book 27717, Pg 3440) 8. Special Master Case# JC 11000041 (Book 27691, Pg 1157) {A0040729DOC 2 }6 210 Schedule 1 1. Water account (account number 52143-00); 2. Resort taxes (account number 978211 3. City Bill (CB00020749.) 4. Utility Bill account number 520447-00, Plate 755 5. City Bills AR #017253 {A0040729.DOC 2 }7 211 LEASEFLORIDA 5th ST., LLC, Plaintiff, vs. PLAZA HOTEL, LLC, et al., Defendants. f IN THE CIRCUIT COURT OF THE i ITH JUDICIAL CiRCUIT IN AND FOR MIAMI- DADE COUNTY, FLORIDA GENERAL JURISDICTION DIVISION CASE NO. 12-18755 CA 59 NOTICE OF FlUNG VERIFIED LIEN STATEMENT Defendant, CITY MIAMI , a Florida municipal corporation, by and through its undersigned counsel hereby files with the Court a Verified Lien Statement in support of affirmative defenses. ·\/\cl.tj I CERTIFY that a true and correct copy of the foregoing was mailed this _cA.__·.,.. day of June, 20·12 to: Robert P. Frankel, Robert P. Frankel & Associates, P.A. 25 West Flagler Street 900 City National Bank BuHding Miami, 33130 Jay Phillip Parker, Esq. c/o Clear Title Group 1691 Michigan Avenue, Suite 320 Miami, 33139 Plaza Hotel, LLC Time LLC Ocean Drive, Inc. c/o Krzysztof Karbowksi and Jakub Kosiba 1001 N. Milwaukee Ave., #400 Chicago, IL 60642 Respectfully submitted, JOSE SMITH, CiTY ATTORNEY CITY OF MIAMi BEACH 1700 Convention Center Drive, 4th Floor Miami Beach, Florida 33139 Tel: (305) 673-7470 I Fax: (305) 673~7002 E-mail: steverothsteln@mlamibeachfl.gov By:_~= teven H. Rothstein First Assistant City Attorney Florida Bar No. 727547 OFFICE OF TH!: CITY AITORNEY-1700 CONVENTION C!:NT!lR DR!Vii -MIAMI !iEACH, F!.O!llDA 33139 212 CITY OF MIAMI BEACh i?OO CONVENTION CENTER DRIVE, MIAMI BEACH FL 33139-1824 June 6, 2012 Proporty Addro5S: 418-422 MERIDIAN AVE AND 426 MERIDIAN AVE FOLIO: 02·4203·009-5040/02-4203-009-3070102-4203-00B-5030 ENTIRE PROPERTY SUBJeCT: LEASEPLORIDA 5TH ST., LLC v. PLA7..A HOTel, LLC, ET Al, CASE NO. 12-18756 CA 50 STATEMENT# PLATE# THIS IS TO CERTIFY THAT THE FOLLOWING MUNICIPAL UENS OR t\SSESSMENTS ARE DUE AND PAYABLE .AGAINST: OCEAN BEACH ADDN NO 3 P8 2-Si LOT 9 BLK 1>0 LOT SIZE 50.000 X 140 COC 24427·2145 042000 8 OCEAN BEACH AODN NO 3 P8 2-Si lOTS 9 & 10 BLK 50 LOTS SIZE 14000 SQ FT Charge Typo 1) UTiLITY BILL: a)WaHH'~ Storm 21 DEMOLITION & SOARDiNG-UP LIENS 4) BILLS 7) PERMITS, CERTifiCATE OF USE, LICENSES G) OiliER TOTAL M~OUNT DUE ADDI'fiONAL BilLS M.'\Y BE PilE FHDM DATE HEADING TO OAT!: OF PINAL Toisphooo (305) 673·7420 Facs!mila (1U6) 395·34$4 244 761 KD Of 10%. RECORDED LIENS Blil\!1. INTEI<EBT AT i2% PERANNl!M, UNPAID !\NiJIOR DELINQUGNT CH/IRG!lS iOOeTHl:R WITH ALL PENA\.TiESIM003iW THeREON, SHALL llEMAiN AND CONSTITUTE SPECIAL ASSESSMf.NT LIENS AO.'IINBT THE RfU\L PROPERTY. NtlTICF.· SHORT TERM REN1'Ats OF LESS THAN SiX MONTHS AND ONIO DAY i\flE NOT PERMIT'WD iN SINGLE FAMILY liOMES.AND ZONING DISTRICTS TriAT DO NOT PEI'\MIT HOTEL l!SES. SEe SECTiONS 14MGU(Il){6) AND 14l·1111, MIAMI !lEACII GITY CODlL c~rtlfy thBt this Litn St§:lbmonllt~ a trwc and fiOCU!'n{o t{lflactlnn {us of Um dai;) at H1ll.' w n Stat~ · .. -u!1t} of uw~o U~!lfi. ilfld/or of thrs Clty of M\.mnl BtHiGi1 flnuncc-D0[Hlrtmtmt} dwv ond owing H;o Clty nf M!;,rnl Bon pmp:rty, PAmiCIA U. WALI<EH, CHIEF FiNANCIAL OFFICER SUBSCRIBED AND SWORN ro bb! DADE COUNTY 213