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License Agreement for Non-Exclusive Parking SpacesGov 7^ ~G ~~ ~ f~~~~/ r - ~. 7 ~ LICENSE AGREEMENT FOR NON-EXCLUSIVE USE OF PARKING SPACES KNOW ALL BY THESE PRESENTS that the undersigned New World Symphony, Inc., a Florida not-for-profit corporation ("NWS" or "Developer"), and the City of Miami Beach, Florida ("City" or "Owner"), hereby enter into this License Agreement, which shall be binding on the City and NWS, their heirs, successors and assigns, personal representatives, mortgagees, lessees, and against all persons claiming by, through or under them. WHEREAS, the City and NWS are parties to a Development Agreement, dated as of January 5, 2004, and as amended by that First Addendum to Development Agreement, dated February 20, 2007 (the Development Agreement and First Addendum are hereinafter referred to as the "Development Agreement"); and WHEREAS, the Development Agreement, sets forth the City (as "Owner") and NWS's (as "Developer") respective responsibilities and agreement to coordinate and cooperate in the planning, scheduling and approval of the development, design and construction of the following improvements, to be located on that certain real property owned by the City, and as described in Exhibit "A" hereto (the "Development Site"): (i) performance, educational and Internet broadcast facility (formerly referred to as "SoundSpace" and now known as the "NWS Campus Expansion"), together with certain related amenities, facilities, and other infrastructure improvements (which, together with the NWS Campus Expansion, are hereinafter referred to as the "Developer's Improvements"); and (ii) public municipal parking garage, to be owned and operated by City, which is anticipated to have six (6) stories and ground floor retail space (hereinafter referred to as the "Garage"); and WHEREAS, concurrent with the Development Agreement, the City and NWS also entered into along-term Agreement of Lease ("Lease"), dated as of January 5, 2004, setting forth the parties' respective responsibilities and obligations for that portion of the real property within the Development Site relating to and comprising the Developer's Improvements; and WHEREAS, NWS has a required parking obligation for the NWS Campus Expansion to provide one hundred seventy-five (175) additional parking spaces; and WHEREAS, there is an agreement to provide such spaces on nearby property documented in the covenant recorded at OR Book 25018, Page 1153- 1161 (the "Parking Covenant"), attached as Exhibit "B"; and WHEREAS, until the parking provided for in the Parking Covenant is available, NWS must provide an interim parking solution in order to secure a building permit; and WHEREAS, this License Agreement will allow sufficient parking to secure a building permit for NWS until such time as the parking is provided at the property in the Parking Covenant; NOW THEREFORE, in consideration of the premises, NWS and City hereby agree as follows: 1. City hereby agrees to make available to NWS, on anon-exclusive basis, 175 parking spaces in the Garage. Such spaces shall be available at market rate, as shall be promulgated by the City, to the users whose vehicles are parked therein. 2. NWS' outstanding obligation to provide 175 required parking spaces shall be satisfied by the non-exclusive availability of these 175 spaces in the Garage. 3. The term of this License Agreement shall be limited to five (5) years from the issuance of a Temporary Certificate of Occupancy ("TCO") or such other certificate for the NWS Campus Expansion or such time as the parking becomes available to NWS at the property as provided for in the Parking Covenant, through the issuance of a TCO or such other certificate for such property, whichever occurs first. The TCO or such other certificate for the NWS Campus Expansion shall not be issued prior to the issuance of the TCO or such other certificate for the Garage. 4. In the event that Miami-Dade County determines that this License Agreement creates an ad-valorem tax liability, the City and NWS shall cooperate in a challenge to such a determination, at NWS's sole cost and expense. However, if such a challenge is not successful, the NWS shall be responsible for the payment of such ad-valorem taxes. 5. The provisions of this License Agreement may be amended, modified or released by a written instrument executed by NWS and the City. 6. Invalidation of any of these covenants by judgment of Court shall not affect any of the other provisions, which shall remain in full force and effect. 7. All rights, remedies and privileges granted herein shall be deemed to be cumulative and the exercise of any one or more shall neither be deemed to constitute an election of remedies, nor shall it preclude the party exercising the same from exercising such other additional rights, remedies or privileges. MIA 179787028v1 11/1/2007 2 8. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami-Dade County, Florida, if in State court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, DEVELOPER AND OWNER EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. igned, witnessed, executed and acknowledged on this ~ day of ~, 2007. IN WITNESS WHEREOF, NWS, and the City have caused these presents to be signed in their name by their proper officials. [SIGNATURE PAGES FOLLOW] MIA 179787028v1 11/1/2007 3 Witnesses: NEW WORLD SYMPHONY, INC., A Flori anot-for-profit corporation Sig ature ~ HOWARD HERRIN ,Preside t Print Name 541 Lincoln Road Miami Beach, Florida 33139 Signature L...:.Yr~C~y• ~~'~t~si.hs Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me by Howard Herring , as President of New World S m hon Inc. a Florida not-for- profit corporation, on behalf of the corporation. He i ersonall known to me r has produced , as identification. Witness my signature and official seal this~1~`day of /1~OVFMBf ~ , 2007. ~,~a" LESLEY-ANN E. wRioH'r Nota Public, State of F orida at Large '~ ' MY COMMISSION # ODQ'54475 EXPIRES March 22, 2011 ~~~~~ ~~y ~i ~ (~~~~ •~~~•'~ ~p7)398A163 °0"' Print~l ame My Commission Expires: p3~~fZo~~ MIA 179787028v1 11/1/2007 4 Witnesses: Signature Print Name Signature ,~ „ , ,.. _ Pr"fit ~~bar~~~° ` S'U Yd \ l ` 53., '~ \ , M '. • }~~ ~ CI. ' `(~F M ~B`~aCH, CITY CLERK Robert Pa~-eher ,: ;, , ~~ APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION CITY OF MIAMI BEACH Matti H. Bower, Mayor l~ ~q o -~ Date I.IIYH Date lJ ?~$ O , Dat APPROVED AS TO FORM & LANG T ON ~ FOR EXEC i fir- f '~ Date MIA 179787028v1 11/1/2007 5