HomeMy WebLinkAboutR-22-0236City of Miami
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Resolution R-22-0236
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Legislation
File Number: 12175
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 6/23/2022
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE A COVENANT IN LIEU OF UNITY
OF TITLE ("COVENANT") TO UNIFY THE CITY -OWNED PROPERTIES
LOCATED AT 444 AND 460 SOUTHWEST 2ND AVENUE WITH THE
PRIVATELY -OWNED PROPERTIES LOCATED AT 300 SOUTHWEST 2ND
AVENUE AND 230 SOUTHWEST 3RD STREET, MIAMI, FLORIDA 33130
(COLLECTIVELY, "PROPERTIES") IN CONNECTION WITH THE
DEVELOPMENT OF THE PROPERTIES BY LANCELOT MIAMI RIVER, LLC
("LANCELOT") PURSUANT AND SUBJECT TO THE AGREEMENT AND
LEASE BETWEEN THE CITY OF MIAMI AND LANCELOT DATED NOVEMBER
21, 2019; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE
SUCH AGREEMENTS, APPLICATIONS, AND OTHER DOCUMENTS
NECESSARY TO AUTHORIZE, AS OWNER, THE PROPOSED
DEVELOPMENT UPON THE PROPERTIES.
SPONSOR(S): Mayor Francis X. Suarez, Commissioner Christine King
WHEREAS, the City of Miami ("City") is the fee simple owner of the property located at
444 and 460 Southwest 2nd Avenue, Miami, Florida 33130, commonly known as the Miami
Riverside Center ("MRC Site"); and
WHEREAS, Lancelot Miami River, LLC, an affiliate of Adler Group ("Lancelot"), is the fee
simple owner of the property adjacent to the MRC Site at 230 Southwest 3rd Street, Miami,
Florida 33130 ("Nexus Site 1"); and
WHEREAS, CH Riverside, LLC is the partner of Lancelot and is the fee simple owner of
the property located at 300 Southwest 2nd Avenue, Miami, Florida 33130 ("Nexus Site 2"); and
WHEREAS, the City and Lancelot entered into that certain Agreement and Lease dated
November 21, 2019 ("Lease"), authorizing Lancelot to lease and develop the MRC Site; and
WHEREAS, the proposed development by Lancelot contemplates a unified development
over the MRC Site, Nexus Site 1, and Nexus Site 2 (collectively, the "Properties"); and
WHEREAS, in furtherance of the proposed unified development on the Properties,
Lancelot has requested that the City execute a Covenant in Lieu of Unity of Title so that the
Properties may be considered as one plot with respect to the removal of property lines for
purpose of setback requirements ("Covenant"); and
WHEREAS, in accordance with Section 2-33(f) of the City Code, the City Commission,
by a majority vote, hereby deems this Resolution to be of an emergency nature;
City of Miami Page 1 of 2 File ID: 12175 (Revision:) Printed On: 811512022
File ID: 12175
Enactment Number: R-22-0236
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized' to negotiate and execute the Covenant to
unify the Properties in connection with the development of the Properties by Lancelot pursuant
and subject to the Lease.
Section 3. The City Manager is further authorized' to execute such agreements,
applications, and other documents necessary to authorize the proposed development on the
Properties.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1
i ria i ' ndez, City Attor iey 8/10/2022
' The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 12175 (Revision:) Printed on: 811512022