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HomeMy WebLinkAboutSEOPW-CRA-2000-11-20-Discussion Item 25IN THE CIRCUIT COURT OF THE 11TH JUDICIAL CIRCUIT IN AND FOR MIAMI-DADE COUNTY, FLORIDA GENERAL JURISDICTION DIVISION CASE NO. CITY OF MIAMI, a Florida municipal corporation, and SOUTHEAST OVERTOWN/ PARK WEST COMMUNITY REDEVELOP- MENT AGENCY, an agency of the State of Florida, Plaintiffs, V. LYRIC VILLAGE HOUSING, INC., a Florida corporation, and ST. JOHN COMMUNITY DEVELOPMENT CORPORATION, INC., a Florida corporation, Defendants. COMPLAINT FOR DECLARATORY JUDGMENT 1. This is an action for declaratory judgment pursuant to Sections 86.011 and 86.021, Florida Statutes. 2. Plaintiff City of Miami (the "City") is a municipal corporation of the State of Florida. 3. Plaintiff Southeast Overtown/Park West Community Redevelopment Agency (the "CRA") is a validly formed redevelopment agency of the State of Florida, created pursuant to Section 163.356-357, Florida Statutes. Submitted into the public record in connection wit item 2 on l � oo CRG) g Walter Foeman 5BOrVYi y -� City Clerk �i �G.i -coca F Submitted into the public record in connection with item a2!L on -CE-P, Walter Foeman Case No. 00- City Clerk 4. Defendant Lyric Village Housing, Inc. ("Lyric/Related") was at all times material a Florida corporation doing business in Miami -Dade County, Florida. Lyric/Related is a subsidiary or affiliate of The Related Group of Florida ("Related"). 5. Defendant St. John Community Development Corporation, Inc. ("St. John") is a Florida corporation and was at all times material doing business in Miami -Dade County, Florida. 6. All conditions precedent to the maintenance of this action have been performed, have occurred, or have been waived. BACKGROUND FACTS 7. On October 22, 1981, the City passed a resolution approving the Southeast Overtown/Park West Community Redevelopment Plan. That plan was amended in July 1982. 8. In 1982, Dade County (now known as Miami -Dade County) (the "County"), pursuant to Resolution No. 82-755, approved the creation of the Southeast Overtown/Park West Community Redevelopment Plan for the redevelopment of the Southeast Overtown/Park West redevelopment area (the "Redevelopment Area"), which plan was amended in 1985 pursuant to Resolution No. 85-1247, (the "Redevelopment Plan"). 9. On March 31, 1983, the City and the County executed an interlocal agreement (the "1983 Interlocal Agreement") which sets forth the responsibilities R 2 PWI r • public Is Submitted into the record in connection with item on 1 ' - Ga �CRG) Walter Foeman Case No. 00- City Clerk and duties of each of the City and the County for the redevelopment of the Redevelopment Area under the Redevelopment Plan. 10. The 1983 Interlocal Agreement authorizes the Board of County Commissioners (the "County Commission") to make the final selection of a developer for properties within the Redevelopment Area so long as the developer selected has first been approved by the City Commission and the selected developer's proposal complies with requirements contained in the requests for proposal prepared by the City. 11. On November 8, 1990, the CRA and the City also entered into a Interlocal Agreement (Overtown Project) whereunder, among other things, the CRA assumed responsibility for carrying out community redevelopment activities and projects in the Redevelopment Area pursuant to the Redevelopment Plan. 12. On or about June 20, 1996, the CRA issued a request for proposal (the "June 1996 RFP") with respect to blocks 25 and 36 of the Redevelopment Area (the "Property"). 13. The June 1996 RFP requested interested parties_ to submit proposals for the development of a residential project comprised of 96 townhouse and villa units on the Property (the "Project"). 14. On or about August 7, 1996, St. John and Lyric/Related, on information and belief, entered into a joint venture agreement for the purpose of submitting a proposal in response to the June 1996 RFP. A copy of the Joint EO �VW/ I) it A_ a S 3 ,EO J M Submitted into the Alic record in connection with item on ff�0-0 —C kq Walter Foeman City Clerk Case No. 00- Venture Agreement is attached as Exhibit A. St. John and Lyric/Related as co - venturers are referred to as the Lyric Venture. 15. On August 9, 1996, the Lyric Venture submitted its development proposal in response to the June 1996 RFP (the "Proposal"). 16. On or about October 28, 1996, the City Commission approved the Lyric Venture as the successful proposer for the Project. On information and belief, the County Commission has never selected the Lyric Venture as the developer for the Project as is required under the Interlocal Agreement. 17. On or about July 22, 1997, on information and belief, the CRA and St. John's executed a development agreement providing for the development of the Project (the "Agreement for Development"). A copy of the Agreement for Development is attached as Exhibit B. The Agreement for Development provided that St. John's would acquire fee simple title to the Property from the CRA on or before the date the Agreement for Development was signed and within six months convey the fee simple title to the Lyric Venture. 18. It was contemplated that the following documents would also be executed concurrent with the Agreement for Development: a) a Purchase and Sale Agreement by and between the CRA and St. John's (the "Purchase and Sale Agreement"); b) a Promissory Note in the amount of $480,000 from St. John's in favor of the CRA; and c) a Mortgage, Assignment of Rents and Security Agreement from St. John's in favor of the CRA encumbering the Property. I . 4 SE®PSI / Submitted into the public record in connection with item �25: on //--ca Case No. 00- Walter Foeman(c M) Oih, CIPr( 19. On information and belief, the foregoing agreements have never been executed and St. John's has never taken title to the Property or conveyed title to the Property to the Lyric Venture. 20. On information and belief, Lyric/Related withdrew from the Lyric Venture and/or lost the backing of Related sometime during 1997. 21. Since 1997, despite the City's willingness to provide funding for the Project, the Lyric Venture has failed to develop the Property. 22. By virtue of the failure of St. John's to acquire the Property from the CRA, convey it the Lyric Venture, and develop it in accordance with the Agreement for Development, any rights of St. John's and Lyric Venture to develop the Property pursuant to the Agreement for Development have lapsed and St. John's and Lyric Venture have no rights with respect to the Property pursuant to the Agreement for Development or as result of being the successful proposer to the June 1996 RFP. COUNT I Declaratory Judgment 23. Plaintiffs incorporate paragraphs 1 through 22. __ 24. Plaintiffs are in doubt or uncertain as to whether the Lyric Venture, Lyric/Related, and/or St. John presently has any interest or rights in the Property deriving from the CRA having selected the Lyric Venture as the successful proposer in connection with the June 1996 RFP or by virtue of St. John's and the CRA executing the Agreement for Development or any other agreements executed prior, 5 SE0FWI . Y Case No. 00- concurrently therewith, or thereafter. Moreover, Plaintiffs are in doubt as to whether they are bound under the Agreement for Development and/or may be required to enter into further agreements with the Lyric Venture given that Lyric/Related and its affiliate Related has apparently withdrawn from the Lyric Venture and the transaction, and the Lyric Venture has never acquired title to the Property as contemplated by the Agreement for Development. 25. A present, actual and justifiable controversy exists between the parties with regard to the ability of Plaintiffs to negotiate with others over the development of the Property. 26. There is a need for a declaration as to Plaintiffs' rights to negotiate and enter into leases and/or purchase and sale agreements and other development agreements based on an ascertained or ascertainable state of facts or law applicable to the facts. 27. There is a need for a declaration as to whether the Lyric Venture's selection to develop the Property and execution of the Agreement for Development has given rise to any rights and if so whether those rights have lapsed or have been waived. 28. The declaratory relief sought is not merely for the giving of legal advice by the Court or for answers to questions propounded for mere curiosity. Submitted into the public record in connection with item on J! - - Walter Foeman City Clerk 6 i�h �5� d Case No. 00- Relief Requested WHEREFORE, Plaintiffs the City of Miami and the CRA respectfully request that the Court enter a declaratory judgment: a) finding as a matter of law that the Lyric Venture, Lyric/Related and St. John have no rights or interests whatsoever in the Property arising by virtue of the June 1996 RFP, the Proposal, their approval as the successful proposer, the Purchase and Sale Agreement, the Agreement for Development, or any agreements executed prior, concurrently therewith, and/or subsequent; b) finding that the Lyric Venture has failed to satisfy requirements under the June 1996 RFP and its Proposal; c) finding that the Lyric Venture and St. John have failed to perform under the Agreement for Development; d) finding that the City of Miami and the CRA have no obligation to enter into further agreements with the Lyric Venture or any of its corporate entities or to perform further under any prior agreements; e) finding that the City of Miami and the CRA freely_ may negotiate with other developers or issue a new request for proposal for development of the Property; and Submitted into the public record in connect'on with item on U gcG) Walter Foeman City Cleric V --_ 7 Case No_ 00- 0 granting such other and further relief as the Court deems appropriate. Dated this 20th day of November 2000. M1A1 #978572 v2 Respectfully submitted, HOLLAND & KNIGHT LLP Attorneys for Plaintiffs 701 Brickell Avenue Suite 3000 Miami, Florida 33131 Tel: (305) 789-7675 Susan H. Apikl Fla. Bar No. 346934 Submitted into the public record in connectionwith COC4 m iteon _1.L1A;a: Walter Foeman City Clerk 6 d GS6000006� 'ONM : S l 'ZS/W S 100 R I l (NON[) :I a �EOPWXRA�.. r �C.�SS'�a WOU • • LYWC. VIUME JOINT VENTURE AGREEMENT Submitted into the public record in connection: with Item -Z- on Walter Foeman City Clerk This Agreement is executed by and between St. John Community Development Corporation (ST. JOHN) and Lyric Village Housing, Inc. (HOUSING) (collectively the Parties)) for the purpose of developing Blocks 26 and 36, P_K. White Subdivision, Overtown, Miami, Florida under a Request for Proposal from the Southeast Overtown I Parkwest Community Redevelopment Agency (CRA)_ Whereas HOUSING, through its affiliate The Related Group of Florida, will endeavor to demonstrate the financial, managerial, technical, organization and performance capabilities necessary to gain approval of the Proposal by the CRA; and, Whereas ST_ JOHN will endeavor to demonstrate managerial, technical, organization and staffing capabilities necessary to gain approval of the Proposal Dy the CRA. Nowtherefore in consideration of the mutual covenants and agreements herein undertaken and other good and valuable considerations, the sufficiency and mutual receipt in hand hereby acknowledge, the Parties agree as follows: HOUSING, under CRA guidelines contained in the January 31, 1996 Request for Qualifications, will develop a specific, plan for two -phases of residential home ownership units_ All decisions as to phasing, number and type of units will be jointly taken by S77. ✓OHNand HOUSING after consulting with land planners, architects, engineers and residential marketing specialists, 2. HOUSING will submit for ST, JOHN'S approval, a Financial Pro -forma, a Development Budget, a Source and Use of Funds Statements and a Construction and Marketing Schedule_ The Financial Pro -forma will project all expected sources of revenue, fees and profits from the proposed development, 3. ST_ JOHN will nogotiate the terms of the land acquisition with the City of Miami, subject to HOUSING'S approval. 4, ST. JOHNand HOUSING will jointly obtain commitments for homeowners' mortgage financing, grants and other assistance and funds. S. HOUSING will advance all funds for applications, preliminary architecture I engineering, planning, legal services and other out-of-pocket expenses which, in its sole discretion, it deems necessary. 6. HOUSING will arrange for construction financing, contract for and supervise constructinn of the improvements and guarantee repayment of loans, which it deems necessary in its sole discretion. 7. ST. JOHN shall be primarily responsible for sales and marketing of the individual residences, with a requirement to pre -sell a sufficient number of units to ensure closing of the construction financing and repayment of all development costs and construction loans. l7 d � �axd 0 SE®PW/CR y EXHIBIT PAR It VIES 7.-0IN rvzmrUP5.0 t 1; B;7/9d y s A 0 1 d G560000HZ 'ON/lfi : 5 i 'Z 1W 5 100 ,H I i (NON[) WOH 8. Sr. JOHN will be entitled to draw a project supervision fee of 02600 per month, beginning 30 days after the Parties have been granted unconditional rights to develop the Blocks 25 & 36, plus 35% of the developers' overhead and profit (as defined and described in Paragraph 2 above) as they are available for distribution. 9_ HOUSING will be paid a fee for Construction supervision and overhead equal to 10% of total direct development costs plus the balance of the developers' overhead and profit. HOUSING shall not be obligated to guarantee any other undertaking, funding or financial performance of the joint venture, except as above described. This Agreement, executed by the Parties at Miami, Florida on August 7, 1996, fully and completely describes the rights, obligations, understandings and undertakings of the Parties and may not be altered or amended except by a mutually executed written amendment hereto. St. John Community Development, Inc. Donald F. Benjamin, President Lyric Village Housing, Inc. Jackson McDaniel, Vice President Submitted into the public record in connection with item on 11LC-MG Walter Foeman City Clerk "ID; xJ-'64 PAAKWESTIJOINTVENTUAE.tY I 3E01M, 11 d LS60000RZ 'ONM : S l '10S : S l 00 ,0Z I l (NOW) WOdd Prcpared by and return to: Robert H. Smith, Esquire HOLLAND & KNIGHT 701. Briekell Avenue Suite 3000 Submitted into the public Miami, Florida 33131 record in connection with item d-L-- on I t 2a-adCnn2 Walter Foeman AGREEMENT FOR DEVELOPMENT City Clerk THIS AGREEMENT FOR DEVELOPMENT (the "Agreement") is entered into this day of , 1997, by and between the Southeast ovart-nwn/Park West Community Redevelopment Agency of the City o> Miami (the "CRA") and St. John Community Development Corporation, Inc. (the "CDC"). RECITALS A_ Pursuant to that certain Purchase and Sale Agrec-muiit by and between the CRA and the CDC, dated ._, 1997 (the "CoiiLracL"), the CRA has, on this date, sold to the CDC that certain real property located in the City of Miami, Dade County, Florida, more particularly described in Exhibit "A" attached hereto and hereby made a part hereof (the "Property"). B. Pursuant to that certain Joint Venture Agreement by and between the CDC and Lyric Village Housing, Inc. ("LVH"), dated August 7, 1996 (the "Joint VeIlLure Agreement") , the CDC and LVH have formed the Lyric, Village Joint Venture (the "Joint Venture',) , for the purpose of ultimately acquiza.ng the Property from the CDC and dcvcloping thereon a Lesideritial project comprised, of 96 townhouse and villa units (the "Project"). The Project is to be developed substantially in conformity to the terms of that certain Proposal dated August_ 9, 1996, submi.tced by the Joint Venture to the CRC., in response to that certain Request for Proposal captioned Southeast Overtown/Park West Blocks 25 and 36 Project dated June 20, 1996 (the "Proposal"). - C_ it is a material condition to the CRA's agreement to sell. the Property to the CDC that the Joint Venture, as presently comprised, shall develop the Project substantially in conformity with the terms of the Proposal. NOW, THEREFORE, in consideration of the foregoing Recitals, the sum of ten dollars ($10.00) paid by each of the parties to the other and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: EXHIBIT It a 5E®PW/CRtA V I , WOU l 1 d GS60000NZ 'ONM: S I U/S� : S I Submitted im:� record in tonne,.,,, item on -0 /4d/od_CR q Walter Fu-. ; ,An City Clerk TERMS - I. Recitals. The foregoing Recitals are true and COL-rect and are hereby incorporated herein by reference. 2. Covenants and Agreements of the CDC and the Joint venture. a. SQnveyance of Title to Joint venture. No later than ( 6 ) six months following the date hereof, the CDC shall convey fee simple title to the entirety of the Property to the Joint Venture- b. Control of Joint_ Ventures- At all times following transfer of fee simple title to the Joint Venture, until the substantial completion of the Project: (i) the Joint Venture shall retain fee simple ownership of the entirety of the Property, except only for those townhouse and villa units (the "Units") which shall be sold to Qualified Buyers, as hereinafter defined; C- Development of Project. ( i) Approval of Plans and Specifications. The CDC and the Joint Venture shall, as soon as practical., prepare and stihmi.t to the CRA a proposed replat (the "Replat") and definitive permit -ready architecnu ral drawings, foundation and structural drawings, electrical and mechanical drawings and final specifications for the Project, which shall be in substantial conformity to the description thereof set forth in Sections 3 and 4 of the Proposal (the "Plano and Spccificat:xozis") . The CRA shall review the Replat and the Plans and Specifications and shall promptly provide the CDC and the Joint Venture notice of its approval or disapproval, and shall furtherr-, in the event of disapproval, set forth in detail its reasons for any disapproval within thirty (30) days following receipt thereof. It is understood and agreed that neither the CDC nor the Joint. Veriture shall further revise or amend the Replat or. the Plans and Specifications at any time prior to the substantial completion of the Project, without the prior written approval of the CRA, which approval shall not be unreasonably"withheld. (ii) Phased Development. The CDC and the Joint Venture shall develop the Project in four discrete phases of twenty-four 24 units each (the "Phases"), as such phases are more particularly described on Exhibit "B" attached hereto and hereby made a part hereof. The CDC and the Joint Venture shall obtain permits for and commence the construction of the first 24 unit phase of the Project ("Phase I"); as described on Exhibit "B", within one hundred eighty (180) days following the date hereof and shall substantially complete Phase I no later than the earlier of one hundred eighty (180) days following commencement of construction or three hundred sixty (360) days following the date -EOPW/cu . > S WSFx� � I d GS600000Z 'ON/I� : S I IS/S�: S 100 ,OZ 'I I (NOW) WOU hereof. The CDC and the Joint Venture shall obtain permits for and commence construction of each subsequent Phase within thirty (30) days following the achievement of pre -sales of fifty percent (500) of the Units within such Phase and shall substantially complete the construction of such Phase within one hundred eighty (180) days following the commencement of construction thereof. For purposes hereof, the term "substantial completion" means the issuance of certificates of occupancy for all Units in each such Phase. For purposes hereof, the term ,presale,, means a contract for the sale of a unit with a buyer satisfying the criteria of all public and private loan programs utilized as sources of financing for the Project (a "Qualified Buyer"). (iii) Promotion. The CDC and the Joint Venture shall use their best efforts to diligently promote the Project and pursue and close the sale of Units, by use of advertising, brochures, circulars, promotional aids and other appropriate means. (iv) Compliance with•gpi3licable- Laws. The CDC and the Joint Venture shall through all stages of the planning, development and construction of the Project and the promotion and sales of r-he Units [.herein, comply with all applicable laws, rules, ordinances, codes and regulations of the federal, state and local governments. (v) Books and Records. Upon the request of the cRA, at. all times prior to the sale of all Units within the Project, the CDC and the Joint Venture shall permit the CRA to audit the books and records of the Joint Venture with respect to the Project. (vi) No Conflict of Interest. The CDC and the Joint Venture coveriant and agree that no person now or hereafter under their employ in connection with this Agreement and/or the Project, does or shall have any personal financial interest, direct or inditec:L, with the CxA or the City of Miami. The CDC and the Joint Venture are aware of the conflict of interest lawn of the City of Miami, City of Miami Code chapter 2; Article V (Dade County, Florida) Dade County Code, Section 2-11.1) and the State of Florida, and agree that they shall fully comply in all respects with the terms of said laws. (vli) No Commissions. The CDC and the Joint venture warrant and represent that they have not employed or retained any person employed, by the City of Miami or the CRA to solicit or secure the approval of the Proposal or the sale of the Property by the CRA to the CDC and that they have not offered to pay, paid, or agreed to pay, any person employed by the City of Miami or the CPA, any fee, commission, percentage, fee or gift of any kind, contingent upon or resulting from the acceptance of the Proposal or the sale of the Property. 3 � i d LS600000Z� 'ON/IV S l IS/S� : S i 00 ,0Z I HNOW) Submitted into the public record in connection with Walter Foeman d City Clerk 3C�.laSc a SE®PW/m JL RM IA (viii) No Discrimination. The CDC and the Joint Venture agree that they shall not discriminate as to race, sex, color, creed, national origin or handicap in connection with the planning, construction and development of the Project or their performance under this Agreement. No otherwise qualified individual shall be excluded from participation in, be denied benefits of, or be subjected to discrimination under any program or activity receiving federal financial assistance in connection with the Project solely by reason of his or her race, color, creed, national origin, or handicap_ (ix) Minority ProcuremenL. The CDC and the Joint Venture acknowledge that they have been furnished a c,npy of Ordinance- No. 10538, as amended (the Minority Procurement Ordinance - of the City of Miami) and agree to comply with all applicable substantive and procedural provisions therein, including any amendments thereto. (x) Unavoidable Delay. Neither the c,n(- nor the Joint Venture shall be considered in breach o;f any of their obligations herein in the event of unavoidable delay in the perfortnarice of their obligations because of delays due to strikes, lockouts, acts of God, inability to obtain labor or materials due to governmental restrictiotls, enemy action, fare, unavoidable casualty or other similar causes beyond the reasonable control of r.he CDC and/or the Joint Venture, provided that the insolvency or financial conaiLion of the CDC or the Joint Venture shall not be included in the foregoing. in the event of the occurrence of any such unavoidable delays, the r..ime or Limes for performance of the provisions of this agreement shall be extended for the period of unavoidable delay, provided, however, that. the CDC and the Joint Venture in seeking the benefit of Lhis provision shall, within fifteen (15) days aftex- becoming aware of such unavoidable delay, give notice to the CRA in writing of t'.he cause or causes of such delay. 3_ Default and Remedies- In the event that the CDC and/or the Joint Venture shall fail to comply with any of the terms or conditions hereof and such breach shall continue for a period of thirty (30) days following receipt of written notice thereof from the CPA, such breach shall then constitute an Event of Default. hereunder. Upon an Event of Default hereunder-, at the sole election and disci-etion of the CRA, either (i_) the CFA may elect that title to the Property, except only Units as have theretofore been sold to Qualified Buyers, shall revert Lo the CRA, such reversion to bP automatically and irrevocably effecLud by the recording of an aff idavit executed by the CRA stating that an Event of Default has occurred under this Agreement and that the CRA is exercising hhe reversionary rights herein set forth, or. (ii) the CPA may elect to enforce the terms and conditions of this Agreement by any proceeding at law or in equity, including, without limitation, an action seeking specific performance and/or recovery of damages. In the event that CRA shall exercise the right of 4 SI d GS600000Z� 'ON/I�:Sl 'ZS/WSl 00 ,H 'II (NOW) Submitted into the public record in connection with item —25- on ►/f --CR(� Walter Foem� SE®Pyj�/ f-;+., �-�., reversion set forth in subsection (i), above, and the Property, at the time of reversion of title to CRA, shall then include substantially completed Units which have not yet been sold to Qualified Buyers (such substantially completed Units at the time of reversion being herein referred to as the "Reverted Units"), then, upon the sale of any Reverted Unit by the CRA, the CRA shall pay the Joint Venture an amount Pclual to 50 �; of the proceeds of such sale, net of all closing costs and expenses and other costs and expenses incurred by the CPA in connection with the closing of such Unit and the maintenance and operation of such Unit from and after the date of reversion to the sale thereof. Failure by the CRA or any successor or assign to enforce the terms and conditions hereof for any peri nd of time shall in no event be deemed a waiver or estoppel of the right to enforce same, as hereinabove provided.- 4. Construction of Agreement_ This Agreement shall be subject to and governed by the laws of the State of Florida, both substantive and remedial. 5. Successors and Assigns_ This Agreement shall be binding on, and shall inure to the benefit of, the parties hereto and their respective legal representatives, successors and assigns as herein permitted. 6_ Indemnification. The CDC and the Joint Vcnture hereby indemnity and save the CRA and the City of Miami harmless =rom and against any and all claims, liabilities, losses and causes of action which may ari_sc out of the activities and/or conduct of the CDC and/or the Joint Veritur-e in connection with the planning, construction or development of the Project, or under this Agreement, including all acts (or oco-issions LO acrL) on the part of the CDC or the Joint Venture, including those of any persaln acting for or on their behalf, and from and against any orders, judgments, or decrees which may be entered and from and against all costs, attorneys' fees, expenses and liabilities incurred in the defense of any such claims, or in the investigation thereof. 7. Independent Parties. No relationship, legal or otherwise, shall'be deemed to have been created by this Agreement, including, without limitation, a partnership, joint venture, employer/employee relationship or principal/agent relationship. 8. Notices. All notices or other communications given pursuant to this agreement shall be in writing and shall be delivered by personal service, certified mail, return receipt requested or by recognized national courier service, addressed to the party at the address indicated herein or as the same may be 5 91 d GS600000Z� 'ONM: S I 'ZVW S 100 R 'I I (NON[) Submitted into the public record in connection with item c9i!C on I/ —�- C Ac, Walter Foeman C)� --> CWrd ST®PWI - City " _ 2 if 1 WOdd • • changed from time to time. Such notice shall be deemed to be given on the day on which it is personally served during the date of actual receipt, whichever is earlier: Notices to CDC and Joint Venture: With a copy to: St. John Community Development Corporation, Inc. P. O. Box 015344 Miami, Florida 33101-5344 Lyric Village Housing, Inc. c/o The Related Group 2828 Coral Way, Penthouse Suite Miami, Florida 12145 Attn: Jackson McDaniel, Vice President Stearns, Weaver, et. al. 150 W. Flagler St. Suite 2200 Miami, Florida 33130-1S57 Attn: Brian McDonough, Esq_ Notices t-.c) (-RA- Southeast OvertownfPark West Community Redevelopment Agency of the City of Miami 300 Biscayne Blvd. way Suite 400 Miami, Florida 33131 Attn : Erdal Donme2, Development Coordinator With a copy to: Holland & Knighz 701 Brickell Avenue, Suite 3000 Miami, Florida 33131 Attn: Robert H_ Smith, Esq. 9. General Conditions. a. Titles. Titles and paragraph-- headings are convenient references and are not a part of this Agreement. b. No Waiver. No waiver of any of the provisions of this Agreement shall be deemed to, or shall constitute, a waiver of any other provision, whether or not simi-lar, nor shall any waiver constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party granting the waiver. c . Partial Invalidity _ In the event that any provision of this Agreement is found to be not legal or enforceable, such provisions shall be deemed modified to the extent necessary in N. G l d GS60000H� 'ON/W S t 'zS/W S t OQ ,OZ 't 1(NON) Submitted into the public record in connection with � item —2�4 on — -uo - CRG i z4c S Walter Foemam SF-OPWlczw City Clerk order. to conform with such laws or if not modifiable to conform with such laws, then the same shall be deemed severable, and in either event, such unenforceability shall not prevent enforcement of any other provision of this Agreement. 10. Duration_. The terms and conditions hereof shall run with and bind the Property and ohall inurc to the benefit of and be enforceable by the CRA and its successors and assigns. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their respective officers the day and year first hereinabove written. Signed, sealed and delivered CRA: in the presence of: SOUTHEAST OVERTOWN/PARK COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI Name:14ti-7nheth Perez v ")—c Name: Erdal Donmez - a 4��C'- - Name : mil{. EPHENS Name; TRENES J TURNER Nam : _ _Herbert Bailey / Title; Executive Director CDC: ST . JOHN COMMUNTTY DEVELOPMENT CORPORATION, INC. By J�,L�'� Name : -: 10 A. W1 L C.OK Title: S C2F'IAP-y 7 9 1 d GS60000RZ 'ONM : S I ISIO: S 100 ,OZ ' I I (NOW) WEST Submitted into the public record in connection with itemc2-,� on 1L=TL-Ck/ - nzq Walter Foeman City Clerk SEOPWICIS Woo JOINDER The undersigned joins in and agrees to be bound by the terms of the foregoing agreement joint venture: LYRIC VILLAGE JOINT VENTURE By: Lyric Village Housing, Inc. S� W=. (CORPORATE.. SEAL) By: St. Jolui Community Development. Corporation, Inc. By: d-yu-1 Z Z�. f Name T . WILCOX Title : �2FG2ETAP-Y (COHYORATE SEAL) Submitt recOrd ed into the -Ite'r� in cOnnecti Public On / a With Walter FOernan City Clea, s 61 d GS60000HZ 'ONM: S I ISM: S 100 ,H 'I I (NON[) WOdd • • STATE OF FLORIDA ) SS. COUNTY OF nAniz ) The foregoing instrument was acknowledged before aie this 22nd day of July, i997 by Herbert J. Bailey , of SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, on behalf of said corporation. He is personally known to me or has produced as Td- riifi-f zca zon an id take an oath. My Commission STATE OF COUNTY OF NOTARY kAUSLIC STATF. OM FLORIDA Ex ices : 1113,t I y`\ Print Name • Elizabeth A. Perez �"VI .u' �OF�f� SS: Commissions No.: CC, 3 1 k !,4(0S &! VAGETH A Pr;Rrz ' My CoMMI jsion CC511t95 EYpirwc KL--. 2C. 1009 •I,he forgoing instrument was acknowledged efore me this gzly day of by cl4wV , of ST . JOHN COMMUNITY DEWENT CORPORATION, INC., on behalf of said corporation.is personally known to me a�i.T'.L'Qentig.rGZi�LeT- ZCSTd'drCtake an vv. ors. My Commission Expires: 7714&D-P 4f c� ELAINE GORDON �Q p MY COMM Exp_ 7/08100 1lOT Do Bonded By Service ins Pusuc No. CC559224 R4WA xi' K1f - ( ) 0ftor L o MIA3-453815 _4A"� 4e�- NOTARY PUBLIC STATE OF Print Name: Commission No.. CC.ss9,aa4L Submitted into the public 27387.98 record In connection with item -2 on o - �d - Crt C Walter Foeman City Clerk E SEOpWI CRA OZ d LS600000Z� 'ONM : S i UAS : S 100 ,OZ I I (NOW) WOU