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HomeMy WebLinkAboutBerkowitz ltr to City Manager AR&J SoBe, LLC 2665 South Bayshore Drive Suite 1200 Coconut Grove, Florida 33133 May 26, 2005 City of Miami Beach 1700 Convention Center Drive Miami, FL 33139 Att. City Manager Re: City of Miami Beach/AR & J, SoBe, LLC Development Agreement Gentlemen Paragraph 4 (c) (iii) of Exhibit E to the Development Agreement requires the City to "in good faith endeavor to provide a shuttle service or other public transportation for Garage users to encourage parking during non-Retail Hours if there is a reasonable demand for same such that doing so is practical." The undersigned hereby confirms that its interpretation of the foregoing language does not unconditionally require the City to actually provide a shuttle service or other public transportation, but conditions the provision of same on the noted factors, which are in the discretion of the Commission. This will further confirm our mutual agreement that, if it is determined that the extended construction warranties provided for in the Condominium Act are not applicable to commercial condominiums such as the one we contemplate, they will not be obtained and the costs of maintenance, repair and replacement of components of the proj ect after the normal warranty period will be included in Operating Expenses, to be shared by the parties as will be provided for in the Declaration of Condominium. Very truly yours, By: , by Berkowitz p, its manager, , its general AR & J SoBe, L Limited Partn s by Berk partner G:\AAB Shared\City of MiaBeach Dev. Agree. let. 051205.doc