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C7C-Approve Settlement For City Liens Property Located At 429 Lenox AvenueCOMMISSION SUMMARY Condensed Title: Approving a settlement in the amount of 1 ,672.30 for city liens on property owned by Showtime Theatres, Inc., located at 429 Lenox avenue, Miami Beach, Florida, in amount of $111,672.30 Outcome Sup orted: with Mayor and City Commission Resolutions approving A reement? Item Su dation: On June 14, 2006, a Notice of Violation was issued by the Building Department to Showtime Theatres Inc. "Property Owner") for failing to remove and replace damaged gypsum boards in connection with a ruptured PVC pipe in the building. On July 17, 2007, an Affidavit of Non~Compliance was fHed with the Clerk of the Special Master, and thereafter, a lien was recorded in the public records in and for Miami-Dade County, Florida. On December 6, 2007, the Property Owner corrected the violation and an Affidavit of Compliance was issued on May , 2008. On March 1, Lawrence A Gordich was appointed as the in connection with the Litigation. During course of the receivership, the Receiver has diligently worked to resolve all issues with the City of Miami Beach. In September, 2, members of the Department, as we!! as a representative from the City Attorney's Office, met with counsel for the Receiver representative to discuss settling the underlying lien. It was agreed to settle the underlying for 1 O%tof the amount owed or $11,672.30, sub·ect to Commission a rovaL Clerk's Office Ml MIBEA ---···~~--·--~~-· .... ~----............................................................... --·······••""" Account 138 City Manager ~ AGENDA ITEM --:------ DATE -.L.~....L.....~""·· Ml MIBEA H of Miami Beach, 1700 Convention Center Drive, Miorr1 Beach, Florido 33139, FROM: Adopt ANALYSIS COMMISSION MEMORANDUM Mayor Matti Bower and Members City Brooks, Interim City Manager RESOLUTION OF COMMISSION THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SETTLEMENT IN AMOUNT $11 ,672.30 ON PROPERTY OWNED BY SHOWTIME LOCATED AT 429 LENOX AVENUE, MIAMI ORIGINAL AMOUNT OF 11 AUTHORIZING THE MANAGER ANY AND ALL COMPLETE SUCH SETTLEMENT AND LIEN RELEASE. as described. 429 Avenue, Miami amount $111 are ""'-'""'""'"'damaged gypsum boards in connection of 14, ~-.u::.<:>r-n recorded a lien in the .:.n.:1'"'""""'"' to real June 14, 2006, a Notice Violation was by Showtime Inc. {the "Property Owner") for failing to remove gypsum boards in connection with a ruptured pipe in building. 139 Special Master Hearings: At the initial hearing before the Special Master, the Special Master set a compliance date of January 3, 2007 or a fine of $250.00 per day for noncompliance would commence as of January 3, 2007. On July 17, 2007, an Affidavit of Non-Compliance was filed with the Clerk of the Special Master, and thereafter, a lien was recorded in the public records in and for Miami-Dade County, Florida. On December 6, 2007, the Property Owner corrected the violation and an Affidavit of Compliance was issued on May 21, 2008. The Property Owner timely requested mitigation. However, the Property Owner failed to appear for the hearing scheduled for May 6, 2010. Circuit Court Action: On March 22, 2011, Lawrence A. Gordich was appointed as the Receiver in connection with the litigation involving a dispute between the lender and the Property Owners. During the course of the receivership, the Receiver has worked diligently to resolve all issues with the City of Miami Beach. Settlement Negotiations: In September, 2012, members of the Finance Department, as well as a representative from the City Attorney's Office, met with counsel for the Receiver representative to discuss settling the underlying lien. Based on the age of the lien, the non-life safety nature of the violation, and a review of the companion case, case number JB06004 72, which involved a notice of violation for failing to obtain a building, electrical and plumbing permit in connection with interior renovations without a permit, which when in compliance, the Special Master reduced the fine from $103,388.99 to $10,338.00 (10%), the parties have agreed to settle the underlying lien on a similar percentage, for $11,672.30, subject to Commission approval. The Receiver warrants that the Property is in compliance with City codes. ADMINISTRATION RECOMMENDATION: Adopt the Resolution authorizing the City Manager to execute any and all documents necessary to complete such lien release and settlement. 2 140 Special Master reduced the fine from $103,388.99 to $10,338.00 (10%), the parties have agreed to settle the underlying lien on a similar percentage, for $11,672.30, subject to Commission approval. The Receiver warrants that the Property is in compliance with City codes. ADMINISTRATION RECOMMENDATION: Adopt the Resolution authorizing the City Manager to execute any and all documents necessary to complete such lien release and settlement. 3 141 RESOLUTION NO.------- A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SETTLEMENT IN THE AMOUNT OF $11,672.30 FOR CITY LIENS ON PROPERTY OWNED BY SHOWTIME THEATRES, INC, LOCATED AT 429 LENOX AVENUE, MIAMI BEACH, FLORIDA, IN THE ORIGINAL AMOUNT OF $111,672.30, AND FURTHER AUTHORIZING THE CITY MANAGER TO TAKE SUCH ACTION AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS TO COMPLETE SUCH SETTLEMENT AND LIEN RELEASE. WHEREAS, the property located at 429 Lenox Avenue, Miami Beach, Florida (the "Property") has accumulated fines, in the amount of $111 ,672.30; and WHEREAS, the Property is owned by Showtime Theatres (the "Property Owner"); and WHEREAS, the Property has a lien recorded against it for the Property owner's failure to remove and replace damaged gypsum boards in connection with a PVC pipe rupture; and WHEREAS, fines have accumulated in the amount of $111 ,672.30; and WHEREAS, in review of the history of the violations; the violation was minor in nature, did not pertain to life safety issues; and the amount of the fines accumulated exceeded the appropriate penalty; and WHEREAS, Lawrence A. Gordich is the duly appointed Receiver in the case styled in the matter of CDR Creances S.A.S. vs Leon Cohen, etc., et al. Case Number 08-50688 CA 32 pending in the 11th Judicial Circuit in and for Miami-Dade County, Florida; and WHEREAS, the payment of $111,672.30 would be disproportionate to the nature of the violations; and WHEREAS, in light of these circumstances, the Administration recommends that the City Commission approve a $11,672.30 settlement amount for these Properties as a penalty more in keeping with the nature of the violations. 142 . ' 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 approve settlement the amount of $11,672.30 liens on property owned Showtime Theatres located at 429 Avenue, Miami Beach, Florida, in the original $111.672.30, and further authorizing the City Manager to such action any and all necessary documents to complete such release and settlement PASSED and ADOPTED this __ day of ______ , 2012. MAYOR ATTEST: CITY CLERK 143 SETTLEMENT AND RELEASE OF LIEN AUTHORIZATION PROPERTY ADDRESS: PROPERTY OWNER: CASE NUMBER: NATURE OF LIEN: LIEN AMOUNT: LEGAL DESCRIPTION: 429 Lenox Avenue, Miami Beach, Florida Showtime Theatres Inc. JB06000435 Building Violation $111,672.30 Folio Number: 02-4204-005-0010. Said property being known as 429 Lenox Avenue, Miami Beach, Florida: Lots 7 and 8 in Block 40 of GEORGE W. MUSSETT'S RESUBDIVISION OF LOTS 9 to 12, of OCEAN BEACH ADDITION NO. 3, according to the Plat thereof, as recorded in Plat Book 38 at Page 69, of the Public Records of Miami-Dade County, Florida Pursuant to the authority vested in the City Charter section 4.02 and section 30.74(h) of the Code of the City of Miami Beach, Florida to enter into a Settlement Agreement for a lien against property filed by the City of Miami Beach, this Settlement Agreement is entered into with Lawrence A. Gordich, as the Court appointed receiver/substitute trustee (the "Receiver") in the matter of CDR Creances S.A.S. vs Leon Cohen, etc., et al. Case Number 08-50688 CA 32 pending in the 11th Judicial Circuit in and for Miami- Dade County, Florida, (the "Litigation") to settle and provide for the release of lien encumbering the property located at 429 Lenox Avenue, Miami Beach, Florida. The City Clerk of the City of Miami Beach is hereby directed and authorized to release the lien associated with the above referenced case number, which is imposed upon the real property located at 429 Lenox Avenue, Miami Beach, Florida, pursuant to conditions herein and as described herein. Description of Violation: On June 14, 2006, a Notice of Violation was issued by the Building Department to Showtime Theatres Inc. (the "Property Owner") for failing to remove and replace damaged gypsum boards in connection with a ruptured PVC pipe in the building. 144 Special Master Hearings: At the initial hearing before the Special Master, the Special Master set a compliance date of January 3, 2007 or a fine of $250.00 per day for noncompliance would commence as of January 3, 2007. On July 17, 2007, an Affidavit of Non-Compliance was filed with the Clerk of the Special Master, and thereafter, a lien was recorded in the public records in and for Miami-Dade County, Florida. On December 6, 2007, the Property Owner corrected the violation and an Affidavit of Compliance was issued on May 21, 2008. The Property Owner timely requested mitigation. However, the Property Owner failed to appear for the hearing scheduled for May 6, 2010. Circuit Court Action: The complaint alleged that CDR Creances's predecessor-in-interest, Societe de Banque Occidentale (the "Bank") loaned money to Euro-American Lodging Corporation, a company owned and controlled by Leon Cohen, Maurice Cohen, Lea Cohen and Sonia Cohen ( collectively, the "Cohens") for the purpose of purchasing and renovating a New York City hotel. The loan was secured by the revenues generated by the hotel and two mortgages on the hotel property, among other assets. The complaint further alleges the Cohen diverted hotel revenues from the hotel, sold the hotel, kept the sale proceeds, hid the stolen money in offshore bearer share corporations and Swiss bank accounts and ultimately used these funds to purchase and maintain several properties owned by the Cohens and their newly formed corporations including the property located at 429 Lenox Avenue, Miami Beach, Florida. In the Complaint, the Bank sought to enjoin the transfer of the properties in Florida, and to impose a constructive trust on them. The last known addresses of the Cohens, as indicated in the Final Judgment are as follows: Leon Cohen and Maurice Cohen, Broward County Jail, 555 S.E. 1 Avenue, Ft. Lauderdale, Florida; Lea Cohen, Camino de Mesoncillos 13 Moraleja, 28100 Alcobendas, Spain; and Sonia Cohen, 15 Boulevard du Larvotto, Le San Juan, Monaco. On March 22, 2011, Lawrence A. Gordich was appointed as the Receiver in connection with the Litigation. During the course of the receivership, the Receiver has diligently worked to resolve all issues with the City of Miami Beach. Settlement Negotiations: In September, 2012, members of the Finance Department, as well as a representative from the City Attorney's Office, met with counsel for the Receiver representative to discuss settling the underlying lien. Based on the age of the lien, the non-life safety nature of the violation, and a review of the companion case, case number JB0600472, which involved a notice of violation for failing to obtain a building, electrical and plumbing permit in connection with interior renovations without a permit, which when in 2 145 compliance, the Special Master reduced the fine from $103,388.99 to $10,338.00 (10%), the parties have agreed to settle the underlying lien on a similar percentage, for $11,672.30, subject to Commission approval. Conditions of Settlement: The City's lien recorded in Official Records Book 25511 at Page 2877 in the Public Records of Miami-Dade County, Florida is hereby settled in the amount of $11,672.30, receipt of which is hereby acknowledged. The Receiver warrants that the Property is in compliance with City codes. The Clerk of the Special Master is hereby authorized to satisfy the above reference lien. Kathie G. Brooks, Interim City Manager Date AGREEMENT TO SETTLEMENT AND RELEASE AUTHORIZATION I have read this Settlement and Release of Lien Authorization, regarding 429 Lenox Avenue, Miami Beach, Florida, Special Master Case Number set forth above, and I understand and agree to its terms and have executed same for its purposes herein stated. Accepted by: _____________ _ By: Lawrence A. Gordich, as Receiver Date STATE OF FLORIDA ) ): ss COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me this day of October, 2012 by Lawrence A. Gordich, as Receiver of PCCO, Inc. f/kla Alan Lieberman Management Corporation, Inc., who has produced her/his driver's license as identification and who did/did not take an oath. My commission expires: Notary Public, State of Florida Print name 3 146 THIS PAGE INTENTIONALLY LEFT BLANK 147