40-86 RDARESOLUTION NO. 40-86
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI BEACH, FLORIDA AUTHORIZING
THE CHAIRMAN AND SECRETARY TO EXECUTE A
DEVELOPMENT AGREEMENT, PARKING AGREEMENT, AND
AMENDMENT OF CONTRACT OF SALE WITH SOUTH
SHORE DEVELOPERS, INC. ALL PERTAINING TO THE
UPLAND MARINA PROPERTY.
WHEREAS, the Redevelopment Agency, pursuant to
Resolution No. 35-85, entered into a Stipulation dated July 1,
1985 for the purpose of settling South Shore Developers, Inc. et
al. v. City of Miami Beach Redevelopment Agency, Eleventh Circuit
Court Case No. 82-24526(19); and
WHEREAS, said Stipulation required the
Redevelopment Agency, the City and South Shore Developers, Inc. to
negotiate a Development Agreement for the development of the
upland marina property; and
WHEREAS, the parties have negotiated a Development
Agreement and related Parking Agreement and Amendment of Contract
of Sale, (all of which are attached hereto); and
WHEREAS, the Executive Director recommends the
negotiated agreements to the Agency and the Counsel for the Agency
has approved the documents as to form.
NOW THEREFORE, BE IT DULY RESOLVED BY THE
REDEVELOPMENT AGENCY OF THE CITY OF MIANI BEACH, FLORIDA, that the
Development Agreement, Parking Agreement and Amendment of Contract
of Sale are hereby approved and accepted, and the Chairman and the
Secretary are authorized to sign said documents.
Attest:
PASSED AND ADOPTED this ]9th day of March, 1986.
'CHAI~N~
SECRETARY
Approved as to Form:
egal Department