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2000-24007 RESO RESOLUTION NO, 2000-24007 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A RELEASE OF UTILITY EASEMENT AFFECTING CITY-OWNED PROPERTY, WHICH EASEMENT IS NO LONGER NECESSARY, WHEREAS, in 1925 the City was granted a utility easement in the Commercial, Belleview and Palm View Subdivisions to facilitate the laying of public utilities within such subdivisions, which easements are recorded in Deed Book 681, Page 137 of the Public Records of Miami-Dade County, Florida (the "Easement"); and WHEREAS, the City has acquired fee simple title to certain property within the Palm View subdivision, and has entered into a development agreement with Lincoln Plaza Partners, LLC, for the construction of a parking garage and office building (the "Project") on such property, legally described as Lots 7 through 10, inclusive, and Lots 16 through 20, inclusive, Block 37, Palm View Subdivision, according to the plat thereof, recorded in Plat Book 6, Page 29, of the Public Records of Miami-Dade County, Florida (the "Property"); and WHEREAS, as the City holds fee simple title to the Property, there is no need for the City to also hold the Easement over the Property, and release of such Easement will facilitate title review and commercial lending to finance the Project; NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, THAT the Mayor and City Clerk are hereby authorized to execute the release attached to this Resolution releasing the Property from the Easement, as set forth above. PASSED and ADOPTED this 26th day of July ,2000. ATTEST: #JI/1/ MAYOR I~~ f~~ CITY CLERK APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION 7-1,!-~ ity Attorney Date F:\A TTO\HELG\Projcctll\RELEASEEASE.RES.wpd OFFICE OF THE CITY ATTORNEY ~~ tfJ/domi 11- F L o R o A MURRAY H. DUBBIN City Attorney Telephone: Telecopy: (305) 673-7470 (305) 673-7002 COMMISSION MEMORANDUM NO, ~'6 b -0 U DATE: JULY 26, 2000 TO: MAYOR NEISEN O. KASDIN and MEMBERS OF THE CITY COM ISS FROM: MURRAY H, DUBBIN CITY ATTORNEY ~ RELEASE OF EASEMENT - LINCOLN PLAZA SUBJECT: RECOMMENDATION Lincoln Plaza Partners, LLC has requested the release of a utility easement on the City-owned property to be used for the Lincoln Plaza project. We recommend authorizing the execution of the attached release to accomplish this request. ANALYSIS In 1925 the City was granted a utility easement in the Commercial, Belleview and Palm View Subdivisions to facilitate the laying of public utilities within such subdivisions, which easements are recorded in Deed Book 681, Page 137 of the Public Records of Miami-Dade County, Florida (the "Easement"). The City has acquired fee simple title to certain property within the Palm View subdivision, and has entered into a development agreement with Lincoln Plaza Partners, LLC, for the construction of a parking garage and office building (the "Project") on such property, legally described as Lots 7 through 10, inclusive, and Lots 16 through 20, inclusive, Block 37, Palm View Subdivision, according to the plat thereof, recorded in Plat Book 6, Page 29, of the Public Records of Miami-Dade County, Florida (the "Property"). 1700 Convention Center Drive -- Fourth Floor -- N. Date Agenda Item c.... ., H I - ?'c:'-OD -2- As the City holds fee simple title to the Property, there is no need for the City to also hold the Easement over the Property, and release of such Easement will facilitate title review and commercial lending to finance the Project. It is therefore recommended that the Mayor and Commission adopt this resolution authorizing the Mayor and City Clerk to execute the release attached to this Resolution releasing the Property from the Easement, as set forth above. MHD/GMH/gmh F:\ATTOIHELGlProjectsIRELEASEEASE2.MEM.wpd OFFICE OF THE CITY ATTORNEY -1700 CONVENTION CENTER DRIVE. MIAMI BEACH, FLORIDA 33139 RELEASE OF UTILITY EASEMENT . b the CITY OF MIAMI BEACH, This Release of Utility. Easement 1S. m~d:nd ~xisting under the laws of the State of FLORIDA, a municipal corporatlon duly orgall1Ze Florida (the "City"). RECITALS. WHEREAS, the City was granted a Utility Easement which w,as recor~ed in ~~~ Book 681, Page 137 of the Public Records of Miami-Dade County, Flonda (the Easeme ), and WHEREAS, said Easement affects the property described in Exhibit "A" attached hereto and made a part hereof (the "Property"); and WHEREAS, the Easement is no longer required since the City owns the Property; and WHEREAS, the City wishes to terminate and release the Easement to the extent that it relates to the Property. NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the City hereby terminates, releases and forever disclaims any rights arising under the Easement to the extent that the Easement in any way affects, benefits or burdens the Property. IN WITNESS WHEREOF, the City, intending to be legally bound, has executed this Release of Utility Easement ,as of the )ttftnay of July, 2000. WITNESSES: CITY OF MIAMI BEACH, FLORIDA, a municipal corporation of the State of Florida By: vI! Neisen O. Kasdin, Mayor APPROVED /is TO fORM & I.ANGUAGE & FOR EXECUTION ATTEST: By: ~)( &A[f.L^--- Robert Pare er, City Clerk 'i~ ?;:J:'~ Ml -