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HomeMy WebLinkAboutM-95-0519al+�ay°r' i CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : Walter J. Foeman DATE : December 6, 1995 FILE A#95-294 City Clerk Attn: Sylvia Lowman SLIWECT : Motion 95-519 FRO' 0 1 E. Maxwell REFERENCES : Your fax of this date puty City Attorney ENCLOSURES: I have reviewed the proposed Motion 95-519. Following, please find Motion 95-519, as revised, which, I believe, more accurately reflects the City Commissions' directions in this matter: A MOTION DESIGNATING COMMISSIONER DE YURRE TO PARTICIPATE IN ANY NEGOTIATIONS REGARDING THE PROPOSED SALE OF THE COMMODORE BAY TRACT BY ITS OWNERS, SHOULD SUCH NEGOTIATIONS INVOLVING THE CITY OCCUR; FURTHER, DESIGNATING VICE MAYOR PLUMMER TO ASSIST IN SUCH NEGOTIATIONS; FURTHER, DIRECTING THE CITY MANAGER TO CONSULT, DURING ANY SUCH NEGOTIATIONS, WITH ATTORNEYS JOSEPH Z. FLEMING, GARY HELD AND PARKER THOMSON, WHO HAVE SUCCESSFULLY REPRESENTED THE CITY AS SPECIAL OUTSIDE LEGAL COUNSEL IN CONNECTION WITH COMMODORE BAY TRACT LITIGATION. C' *> V I cc A. Quinn Jones, III m ; 1� City Attorney w/attachment " o y sL fT9 CO i I M1SM010.DOC 9-5 -- .-/ i CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Walter J. Foeman November 9, 1995 FILE DATE To City Clerk SUBJECT Commodore Bay Tract Motion 95-519 FROM Beverly Solomon REFERENCES City Commission Meeting Legislative Coordinator July 13, 1995/Item 1-A ENCLOSURES: Please be advised that the action taken by the City Commission on July 13, 1995, concerning the Commodore Bay Tract (Item 1-A), should be reflected as Motion 95-519 and not as a Resolution. W043:BSS CC: A. Quinn Jones, III, City Attorney Joel E. Maxwell, Deputy City Attorney ._Sylvia Lowman, Chief Deputy City Clerk -� rn �m ~-�- n 0 > z CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM The Honorable Mayor and Members of the City Commission DATE : June 28, 1995 SUBJECT: Agenda Item for the July 13,1995 City FILE : FROM : w REFERENCES : Commission Meetingice Yurre Commissioner ENCLOSURES: I shall bring up an item at 9:00 am at our July 13th Commission meeting with reference to the acquisition of the property known as "Commodore Bay Tract." We are all well aware of the history of the property and of the interest by the owners to develop it, while at the same time the strong sentiment that has existed by the Coconut Grove community opposing such development. For years I have believed that the best use for this property is to incorporate it into our waterfront park scheme along with Peacock Park and the Barnacle. It is a natural. Unfortunately, the always very important issue of money has kept this from coming to fruition. However, now we have great news as it seems that for the first time this matter of money may be resolved with the help of other entities. Attached you will find two documents, one from the State of Florida Department of Environmental Protection and also an Agreement and Release of Deed Restrictions and Reverter between the Board of Trustees ot the Internal Improvement Trust Fund of the State of Florida and the City of Miami. Based on the information provided by these instruments and with the additional assistance of Dade County through its Environmentally Endangered Lands Program and other interested sources there is a very strong possibility that at this time the conditions are set to make this dream a reality. I shall ask in the form of a motion that I be appointed by the Commission to work in conjunction with our administration to seek the monetary resources and pursue the purchase of this property. Thank you for your cooperation. cc: Cesar H. Odio, City Manager Elvi Gallastegui, Agenda Office P833 95 519 Department ®f Environmental ProtectIon 1l . hitrj�ry So�rum�s tlu �tldl� • . :. .. lw►wn CNIs4 Camma"Wos h swilowrd vt Gevorner Nao& 728"40 ►�!� Wetl�r;tP 1 �, .�Lf'9l#1'y June 21, ` 1 25 NIA TRUPAX 305-48t-'-4033 Mr. Caesbtr H. Odie City Manag r city ofkimi 3500 Pan` erican Drive Miami, FL 3139 R : Sarnac a Addition Deer Mr., a io: ; Pleas review the attached "agreement and release of`'deed restrictio a and reverted" elated October 21, 1985. it ha been determined by the Land Acquisition Adviaor'y Council that this in a binding agreement and we have set funds aside acco Jingly. Ws are prepared, along with your participation to pr6ceed to acquireit is pArcel, Further, I understand that perhaps Lucie County ih ough their Environmentally Endangered Lands Program, will part cipate in the funding. P14a a contact me at your earliest convenience eo-that we may pur'h se this valuable resource for the Citizens' of Miami, Dade Cuba y_and the State of Florida. Sincexolyl r y F dams Land Acqu si.tion Agent Bureau of Land Acquisition Division f State Lands JFAlld Enclosure cc: Emilie M. Young, Director Mi. halel R. Goldstein, Esq. 9 5 — ' 519 , I/ r AGREEMENT AND RELEASE OF DEED RESTRICTIONS AND REVERTER AGREEMENT made and entered into this day of October,!1985► by and between the BOARD OF TRUSTEES OF THE INTERNAL) IMPROVEMENT TRUST FUND OF THE STATE OF FLORIDA ("TRUSTEES") and the CITY OF MIAMI► a municipal corporation of the Stag of Florida ("CITY")i WHEREAS, the TRUSTEES conveyed to the CITY certain lands,ad�jacent to Sayfront Park as more particularly described in Deed No. 19447, recorded in Deed Book 3130; at page 257, in the Publid ecords of Dade County! and WHEREAS, the above described deed contains certain restrictions, as set forth herein, regarding the use and develop- ment of isuoh lands! and WHEREAS, a portion of the above described lands is included within an area that the CITY has leaned for the develop- ment of a 'waterfront specialty center to be known an Bayside Special Cmnters and ! WHEREAS, the CITY wishes the property described in Exhibit A attached hereto and made a part hereof to be released from the aforementioned deed'restrictionsf and WHEREAS, the TRUSTEES find that increased public access and eAj ant of Biscayne Day and the Miami River is desirables and WHEREAS, the TRUSTEES and the CI-rY desire to establish t msc�a ism to enhance public access to CITY waterways, i NOW THEREFORE, the parties in consideration of the mutual promisee and covenants contained herein, agree as followet 1. The TRUSTEES hereby release the property which is described in Exhibit A attached hereto and made'a.part hereof from the following restrictions and reverters set forth in that certain( eed from the TRUSTEES in favor of the CITY OF MIAMI, dated';Fe.Luary 24, 1947 and recorded in Deed Book 3130, Page 257, 'u 113 of the Public Records of Dade County, Florida, tb..'witflj:1'' l : Gl1 91 63, G6. A • f PROVIDED, HOWEVER, anything herein to ' I the contrary notwithstanding, this Good is igiven and granted upon the express condition subsequent that the Grantee herein or its _ i successors and assigns shall never sell or convey or lease the above described land or any part thereof to any private person, firm or corporation for.any private use or purpose, it being the intention of this restriction j that the said lands shall be used solely for public purposes, including municipal purposes and not otherwise. PROVIDED, HOWEVER, anything herein to the contrary notwithstanding, this deed is given and granted upon the further express condition subsequent that the Grantee herein or its successors or assigns shall not give or grant any license or permit to any private person, firm or corporation to construct or make by any means, any islands, fill, embankments, structures, buildings or other similar things within or upon the above described lands or or any part thereof for any private use or purpose, ae distinguished from any public or municipal use or purpose. It is covenanted and agreed that the above conditions subsequent shall run with the land and any violation thereof shall render this deed null and void and the above described 'lands shall, in such event, revert to the Grantors or their successors. The term of this release of restrictions and reverter shall eo ncide with the original term and the renewal options contaihot in that certain lease between the CITY and Sayside Center;L mited partnership, dated January 14, 1985 (hereinafter referred to as "Retail Parcel -Lease") together with all replace ments,'s bstitutions, renewals, modifications and extensions thereof, a copy of which is on file at the Office of the City Clerk. a Trustees recognize that the title to the property describe in Exhibit A is presently vested in the City. 2, The CITY shall forthwith establish the Biscayne Bay/Mia River Land Acquisition Trust Fund ("TRUST.FUND") as an ti ongoing source of funds to purchase real property -adjacent to the Miami Ai and Biscayne Bay in order to provide public access to and publib enjoyment of those waterbodies. ' 3. The Trust Fund shall be funded from a portion of rents roe ived by the CITY pursuant to the Retail Parcel Lease. Annually, the CITY shell pay into the Trust Fund 7.4% of "Rental" 2 5� 9 �3a 9r�_ F. as dafined in Section 2.5 of the Retail parcel Lease, such an - payments to begin upon the first anniversary of the rent _ comrencement date. 4. Tre CITY shall develop a priority list of propoe acquisitions of,lands within the corporate limits of the CITY adj;cent to Biscayne Bay or the Miami River. The purpose of priority list is to identify lands suitable for public enjoyme and recreation and preserve for all time public acese to CITY wat rways. The priority list of proposed acquisitions shall b subject to The approval. The first acquisition shall be t Barn`cle Addition in Coconut Grove commonly referred to as the "Cc odors Bay Tract", provided, however, that the CITY will n be' r quired to purchase the Barnacle Addition unless the Sale tion Committee places said property on the Conservation a and ecreational Lands'(CARL) or Save Our Coast acquisition li and 'e State then agrees to pay 503 of the purchase price of prop rty. 5. In the event the Trust Fund does not contain suf. fici 0t funds to pay for 501 of the purchase price of the Sar,n_cle Addition, the CITY and the State shall enter into an agteement pursuant to which the State will advance the necessai fund for the purchase to the CITY and the CITY will reimburse the Spate for the amount advanced plus interest at an annual inter st rate equal to the average interest rate of State ind,es�ed fundst provided, however that no interest shall accrue ` until after five years from the date said funds are advanced. 6. In the event the CITY receives monies from the State for the acquisition of the Barnacle Addition as set fortt in pa agraph 5 hereinabove, then the CITY's"required contribu tiona to the TRUST FUND shall increase to an amount equal to 17.8% of the Rental received from the Retail Parcel Lease, and its:c ntributions to the TRUST FUND shall continue at such incra sad rate until such time as both the principal and inters arelp id off, at which time the percentage payments to be made the,CIY to the TRUST FUND shall be reduced to 7.41 of the Rent received from the Retail Parcel Leads. 3 ,t�4a.�dr 9. Monies from the TRUST FUND shall be expended only for acival costs of acquiring projects on the priority list and improvemente on lands so acquired. Improvements shall include the fo;lowing, shoreline enhancement, landscaping, erosion control, boardwalk and ancillary park furniture, fishing piers i and dodks and conservation measures. I S. The CITY and the TRUSTEES covenant that none of thi revenu s generated pursuant to paragraph (3) above shall suppian- any or all funds budgeted or to be budgeted by the CITY or the STATE lor acquisition and maintenance or parks and recreational projec s within the CITY. 9. In the event the CITY refuses or fails to perform any dg eement or covenant contained herein, the release of restrictions and reverter contained in paragraph one of this agreement shall not terminate but shall remain in full force and effect and the remedies of the TRUSTEES shall be to enforce the provisions of this agreement against the CITY by proceedings at law or in equity by way of specific performance, mandamus, injuhct,ion or otherwise as may be appropriate. IN WITNESS WHEREOF, the BOARD OF TRUSTEES OF THE INTEkNPL IMPROVEMENT TRUST FUND OF THE STATE OF FLORIDA and the CITYO MIAMI have hereunto subscribed their hands and affixed their seals on the day and year first hersinab w written. ov orn 140191ity ENDANNE , R. Kevin ) . C Exec ive Director of the General Counsel Dept. of Natural Resources ON BEHALF OF THE BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND a A*V::eC The City o M am , a mun c pal corporation of the State of M�Yclol k Florida Byt erg o Pere ra, C t Ma gel Approv s Form and Corr ne uc a 111*rf boug er y, City;A torney 4 l�v�