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HomeMy WebLinkAbout2006-26307 Reso RESOLUTION NO. 2006-26307 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE APPROPRIATION OF $65,000; SAID FUNDS REPRESENTING THE FULL AND FINAL SETTLEMENT BETWEEN THE CITY AND GAMBRO HEAL THCARE RENAL CARE (TENANT) FOR EARLY TERMINATION OF ITS LEASE ON THE 3RD FLOOR OF THE 1701 MERIDIAN AVENUE BUILDING; AUTHORIZING SAID FUNDS TO BE USED TO COMPLETE DEMOLITION AND REPAIRS OF THE INTERIOR PREMISES FORMERLY OCCUPIED BY TENANT. WHEREAS, on July 1, 2005, the City reached a Mutual Release and Settlement Agreement with Gambro Healthcare Renal Care, Inc; and WHEREAS, the Mutual Release and Settlement, relative to Gambro's early termination of its Lease for the third floor premises at the 1701 Meridian Avenue building, called for Gambro Healthcare Renal Care, Inc. to pay to the City $65,000, in full and final settlement of all claims; and WHEREAS, the $65,000 settlement has been held by the City in a separate account; and WHEREAS, the Administration now recommends that the $65,000 be allocated and appropriated to complete the demolition and repairs to the interior spaces on said third floor premises which were occupied by the Gambro. 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 authorize the appropriation of the $65,000 in settlement funds, currently held by the City in a separate account; said settlement representing the full and final settlement between the City and Gambro Healthcare Renal Care for early termination of its Lease on the 3rd floor of the 1701 Meridian Avenue Building, and to be used now by the City for demolition and repair of said premises. PASSED and ADOPTED this ~ day of Se o FORM & LANGUAGe FOR EXECUTION lY qlzl' :~K PdU~ CITY CLERK Robert Parcher '- COMMISSION ITEM SUMMARY Condensed Title: A Resolution authorizing the appropriation of $65,000 in Fiscal Year 2005/2006 in settlement a reement funds held in trust for demolition of interior s aces on the third floor of 777 Buildin .' Ke Intended Outcome Su orted: Ensure well maintained facilities Issue: Shall the City Commission appropriate funds for the demolition of spaces in the 777 Building? Item Summary/Recommendation: The Mutual Release and Settlement Agreement dated July 1, 2005 between the City and Gambro Healthcare Renal Care, Inc. provided $65,000 as full and final settlement of Tenant's share of costs to repair and restore City-owned property at, 777 17th Street, Suite 300 for Tenant's liability of damages. These settlement funds need to be appropriated immediately to demolish all the interior spaces on the third floor of 777 Building. The third floor was occupied by a medical laboratory and to make it suitable for building out City offices all interior walls, suspended ceilings, floor finishes, duct work, electrical wiring and plumbing work must be removed.. Administration recommends adopting the Resolution. Advisory Board Recommendation: I Financial Information : Source of Account Approved Funds: 1 65,000 Mutual Release and Settlement Fund 00 2 3 4 OBPI ..motal Financial Impact Summary: City Clerk's Office Legislative Tracking: I Si n-Offs: Department Director FHB City Manager m ..., MIAMI BEAC'H AGENDA ITEM C 7.8 B DATE 9-~ -0, & MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM FROM: Mayor David Dermer and Members of the City Commission Jorge M. Gonzalez, City Manager "".... 0- September 6, 2006 () TO: DATE: SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE APPROPRIATION OF $65,000 IN FISCAL YEAR 2005-2006 SETTLEMENT AGREEMENT FUNDS HELD IN TRUST FOR DEMOLITION OF INTERIOR SPACES ON THE THIRD FLOOR OF 777 BUILDING. ADMINISTRATION RECOMMENDATION Adopt the Resolution. KEY INTENDED OUTCOME SUPPORTED Ensure well-maintained facilities. ANALYSIS The Mutual Release and Settlement Agreement dated July 1, 2005 between the City and Gambro Healthcare Renal Care, Inc. provided $65,000 as full and final settlement of Tenant's share of costs to repair and restore City-owned property at, 777 1ih Street, Suite 300 for Tenant's liability of damages. These settlement funds need to be appropriated immediately to demolish all the interior spaces on the third floor of 777 Building. The third floor was occupied by a medical laboratory and to make it suitable for building out City offices all interior walls, suspended ceilings, floor finishes, duct work, electrical wiring and plumbing work must be removed. JMG/RCM/FHB T:\AGENDA\2006\sep0606\consent\777 Building Settlement Funds Mem.doc