Loading...
HomeMy WebLinkAboutR-90-0541A RESOLUTION, WITH ATTACHMENTS, AUTHORIZING TER CITY ATTORNEY TO AMEND THE EXISTING STIPULATION OF VOLUNTARY DISMISSAL WITHOUT PREJUDICE (CIRCUIT COURT CASE NO. 89- 10R9 (CA 19)) BETWEEN THE CITY OF MIAMI AND CHALK'S INTERNATIONAL AIRUNN, INC. (A SUBSIDIARY OF RESORTS INTERNATIONAL, INC.) APPROVED VIA RESOLUTION NO. 89-838 ON 'TUNE 7, 1989, AND EXECUTE APPROPRIATE DOCUMENTS IN A FORM ACCEPTABLE TO THE CITY ATTORNEY WITH RESORTS INTERNATIONAL, INC. AND CHALK'S INTERNATIONAL AIRLINES, INC. WHICH WILL ALLOW TER ASSUMPTION OF THE JUNE 13, 1989 CONDITIONS BY ANOTHER WHOLLY -OWNED SUBSIDIARY OF RESORTS INTERNATIONAL TO BE CALLED "FLYING BOAT, INC."; SAID ASSUMPTION OF LIABILITY BRING WITHOUT PREJUDICE TO THE CITY OF MIAMI AND IN NO OTHBA WAY MODIFYING OR AMENDING THE SUBJECT STIPULATION OF VOLUNTARY DISMISSAL WITHOUT PREJUDICE. WHEREAS, the City of Miami is of the opinion that it is the legal fee owner of real property presently 000upied by Chalk's International Airlines on Watson Island; and WHEREAS,' the City Commission adopted Motion No. 89-148, in February, 1989, direoting the City Attorney to initiate legal proceedings to remove Chalk's International Airlines from its present looation on Watson Island; and WHEREAS, an ejectment action was filed by the City in the Circuit Court, case no. 89-7029(19), pursuant to Motion No. 89- 148; and WHEREAS, the City Commission, on April 27, 1989, passed Motion No. 89-398, directing the City Attorney to dismiss, with conditions, said lawsuit and end ejectment proceedings against Chalk's International Airlines; and WHEREAS, the City Commission, on June 7, 1989, passed Resolution No. 89-838 authorizing the City Attorney to exeoute a conditional Stipulation of Voluntary Dismissal Without Prejudioe between the City of Miami and Chalk's International Airlines in the above mentioned oase, preserving the status quo; and ATTPCH M ENTS CONiP,INED JUL It, 00 90" 4� MSINU# Resorts International, Inds o the holding company -of ftal:k'a International Airlines# Into # now desires to separate its existing Ch alkla International (seaplane) operation and its existing gash 7 Operation (paradise Island Airlines), establish another wholly -owned subsidiary which will operate the Watson Island seaplane operation under a new company to be called "Flying go at, Inc." (later reverting to the "Chalk's International Airlines, Inc.* name), and eventually sell this new seaplane entity (see Exhibit "A"); and WHEREAS, it is the intention of Resorts International, Inc. that the new entity maintain its operation on Watson Island pursuant, to, and subject to the terms of the subject Stipulation of Voluntary Dismissal Without Prejudice of June 13, 1989; and WHEREAS, in no other respects is the subject Stipulation of June 13, 1989, to be modified or amended, and shall remain in full force and effect; ..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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Attorney is hereby authorized to amend the Stipulation of Voluntary Dismissal Without Prejudice between Chalk's International Airline, Inc. and the City of Miami, dated June 13, 19890, which was approved, as to form, by Resolution No. 89-538 on June 7, 1989 (see Exhibit "B"). Said Amendment shall allow the requirements of Resolution 89-538 and the June 13, 1989, Stipulation of Dismissal (see Exhibit "C") to be assumed by a new wholly -owned seaplane subsidiary of Resorts International, Inc., which will continue to operate out of the existing Chalk's seaplane base on Watson Island under the new name of "Flying Boat, Inc." Section 3. The aforementioned Amendment to the subject Stipulation shall be without prejudice to the City of Miami, and shall constitute the sole amendment or modification to the �. ... -' a A.E. subject Stipulations All other conditions Contained in the VAN Stipulation Of voluntary Dismissal Without Prejudice [Circuit court Case No. 89-1029 (CA�'l ) shall remain the sat�t. Section 4. This Resolution shall become affaotiVa .; immediately upon its adoption. PASSED AND ADOPTED this 1,.,2th_ day of July - r 1991� r74 XAVIER L. S A Zr OR ATTE : MAT BIRAI CITY _CLERK PREPARED AND APPROVED BY: JOM E. WELL CH EP ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: /, f U WA%P U u . r ai c�a. CITY ATTORNE JEM:bf : K1605 r i a q fT �h w ► IttNORTS INTRItNATIONAUs il9d. �_.. : eta N.�t. salttw s Nb*"f tr a wN. FORSIA Wot tl e�ceautw�t o"W" i3Oef a�raa ► ; K: May 23, 1990 " Mr. Jack Luft, Director C/o city of Miami r?evelopment Department 300 Biscayne ooulovard Way Miami, r1orida- 33131 Re: Stipulation dated June 13, 1989,-City of Miami a, = Chalk's International Airline. Idb. Dear Mr. Lufts An you are --aware, Resorts International, Inc. has stahedsA several occasions that, because of economic reasons, it wises to Gr discontinue its seaplane service between 'Watson Island, Dimityt and there has been a paradise Island. After such announcements, public outcxy for Resorts not, to discontinue, but to continua thi* service. Resorts has evaluated its options and believes that a viable solution would be to separate into different corporate entities the seaplane operation (Chalk's) and the existing Dash 7 operation (paradise island Airlines). Resorts has received interest from prospective purchasers but any purchase of the seaplane operation is dependent upon Resorts• ability to sell a separate operating entity with all of the proper approvals, including Federal Aviation Administration, V.S. Department of Transportation and the Government of the Commo nweeltb of The Bahamas. To obtain these approvals, it is necessary for the new Chalk's entity to have the ability to operate the seaplane operation on Watson Island. Resorts proposes and we request that you convey this request to the proper officials at The City of Miami that a Resoiutiot► be proposed that will permit the requirements of the Stipulation of June 13, 1989 to be undertaken by another wholly -owned subsidiary of Resorts International, Inc., a corporate entity entitled Flying Boat, Inc. Resorts will undertake to change the corporate name of Flying Boat, Inc. to Chalk's International Airline, Inc. as soon as practicable, in no other respect is the prior Stipulation of June 13, 1989 to be modified or amended. Thank you for your cooperation. please do not hesitate to contact my office or that of our attorney, Harold M. Was, Ssq., 't if you squire. any. additional information. very truly yours, 1 Matthew H. lte► noy }' vice 8rosident-fiAance REXµ HIBIT.A r-- rtsecipa 9 0 - t 4 l 5533tnt ¢9 kh 13 RESOLUTION 106 890-5 ':f V A RISOLUTION 0 'BITE ATTAMUT 0 APPROVING AND AMORT2110 TSE CITY ATTORNSY TO MCUTS A STIPULATION OF VOLUNTARY DISMISSAL WITHOUT PRIMICS Its SUBSTANTIALLY TEE PORN ATTACKED ESRETt�. TZ8 )t ENDING THE CITY' S ACTION TO EJECT CNALK I S 12"ANATIONAL AIRLINES "ON WATSON ISLAND, SUSZECT TO CONDITIONS, AND PRSSERVIV0 STATUS QUO, FOR A PERIOD OF TEN YEARS, QUESTIONS SOLELY RELATING TO O.VN$RSEIP OF THE WATSON ISLAND PROPERTY P998MMY OCCUPIED BY SAID FIRM. s VIERS. the City of Miami is of the opinion that it is the legal fee owner of real property presently occupied by Chalk's Internatierwaa Airlines on Watson Island; and WHEREAS. the City Commission adopted Motion -NO - February 1989, directing the City Attorney to initiate legal proceedings to remove Chalk's International Airlines from its present location on Watson Island; and WHEREAS, an ejectment action was filed by the City in the Circuit Court (Case No. 89-7029(19)) pursuant to Motion tL No. 89-148; and WHEREAS, the City Commission, on April 27. 1989, passed Motion No. 89-396. directing the City Attorney to dismiss. with conditions, said lawsuit and end ejectment proceedings against Chalk's International Airlines; and WHEREAS. the City Attorney's Office has met with opposing counsel and worked out a stipulation of voluntary dismissal which -Accurately reflects the directives of the City Commission embodied in Motion No. 89-396; NOW. THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI. FWRIDA: Section 1. The Stipulation of Voluntary Dismissal Without Prejudice between the City of Miami and Chalk's International Airlines. in substantially the form attached hereto, is hereby approved. The City Attorney is hereby authorized and directed to execute the subject Stipulation on behalf of the City, thereby C= coMN,►ItSION n rv� ,a., � � f r !W T. -. �, MEETI;ti C F ;. - r EXHIBIT. ' __ '- 541 k 3 ? the aa oet$aoti6v ag t . C: InterbatLe"I A rlLues sib3eat to the acrALtio t � ?ntaiUZ9 for a Wi6d Of tee .: 76srm the status 010 i81Me8 solely regarding ownership of the property on Watson Island Prestantly odonPied by Chalk International Airline8. 660ti0n R. This Resolution shall beoome effeotive imsediately upon its adoption pursuant to lay. PASSRD AND ADOPTED this 7th day of June 1980. W CITY CLRRS PREPARED AND APPROVED BY: JOEL E. MAXNELL CRIEF ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: JMI/db/ N1087 - 2 - XAVIER L. S.. MAYOR 90" 541 {� r OWN* FL AIDA CA�iir 89-70I0 CA�l9 ' „i uENEiUAL JURMICTION DIVISION 5 .: i CITY OF MIAMI, a Municipal s. +corporutt'on # . j P1al�rtiff, , va. STIP®LATItN9 fie VOUMARt D18H188AL filTEb► Pit UDICE =; CHALK'S INTERNATIONAL AIRLINES. �! INC., a Florida corporation, Defendant. * _ COME NOW the Plaintiff, City of Miami, and the Defendant,, Chalks International Airlines, Inc., by and through their respective undersigned counsel, and for their�Stipulation agree as follows: ( L. In consideration of each party agreeing to comply with the terms and conditions of this Stipulation, it is understood and- agreed that this lawsuit is hereby voluntarily dismissed without prejudice, with each party acknowledging that neither, =� party is waiving any rights as to any issue raised by the t l allegations of the Complaint filed herein. Both parties further - agree that: during_ the term of this Stipulation no actions will be, taken by either party to increase or enhance its respective claim to fee ownership -of the subject real property. 2. both parties agree that so long as Defendant is in compliance with the further terms of this Stipulation, that .the; issues raised by this lawsuit will not be litigated by either, party hereto for a period of ten years from the date of this Stipulation. 3. Defendant hereby agrees to donate the sum of Pi#teen< Thousand ($15,OOO.u0) Dollars per, year on or before the 15th_day of June of each year commencing June 15, 1989, to the City of Miami Adopt* -A -Park Program for a period of ten (10) years. The. City Commission of the City of Miami shall determine the t � m r i71 7,11x _ 9Srix'iFr�.=1+'+.iN-era +'K" r ' iiitior� tit i!'1x6hated fonds without gtt+ataphidll r' bd to; the park or p& rks tO be rha beneficiary (Ifs this dbnstiofr, a. Dofendalnt acreot to name the City of-Miaffii as _ai1 additional insured On hViation and Airport 000rat ipna insurance anverage -%nd shall continue to provide 9UCh coverage to the, City it Miamiduring the ten-year term of this Stioulation. Coverage } provided to the City of Miami shall not be less than that GarYfed by the Defendant throughout its air system, or the air system of 1 f' Defendant's Holding Company if Defendant is a wholly owned subsidiary. Presently, such coveragIL amount is two hundred million dollars ($700,000,000.00). 5. Defendant has reviewed and consents to the "Master plan" for development of Watson Island adopted by the Commission _! of the City of Miami on February 23, 1989, by Commission =1 Resolution No. 99-199, and any amendments and successors thereto, i as it applies to Defendant as long as said plan either leaves Defendant at present location or removes Defendant to another location on Watson Island, and agrees to comply with the terms of same if said plan is implemented and developed. 6. If Defendant is required to"move from the facility on Watson Island presently utilized by the defendant to another location on Watson Island, by a development plan adopted by the City of Miami for development or redevelopment of Watson Island, it is understood and agreed by the parties hereto that Defendant will move to said new facility with the further understanding that the facility will contain facilities of a nature similar to —those presently utilized by Defendant for its seaplane ooeration at its existing facility and, further, that Defendant will relocate at no expense to said Defendant. Defendant will, after any such required relocation continue to pay the donation required under the terms of Paragraph 3 of this Stipulation and the terms of this Stipulation will not be altered by the removal to a different location on Watson Island. Removal to a different location on Watson Island will in no manner alter or modify the - claim of the Defendant to ownership of its existing site on 5411 ppq'r �:i €Y hF Attaft island and x1l not be de#Mod a waiver of its► clBis of k �i�r�lhibi � i xs sat •. .: - ` - . ;' ,.. ", The Uhd6tsighed herebv rtOrfteht each to the other that they have boten authorized by their respective clients to enter into LtLLL said Stipulation and that their Axecution of sane will bind their �„ respective clients to the terms and conditions contained herein. ,. _• DATED this day of . 1969. at ,.,.,�......_ ......._.......... . t Miat►1 t bade County. Florida. ` CITY OF MIAMI, a Florida QRALK'S INTERNATIONAL AIRbtNES. —� municipal corporation INC., a Florida corporation �. (Plaintiff) (Defendant) By: , �"' By: ONO Jorge L. Fernandez• City Atty. Harold M. Rifas - z Attorney for City of Miami 1100 AmeriFirst Building One S.E. Third Avenue Tel.: (305) 579-6700 JLF/M/K/db/M111 3- Attorney for Defendant 1435 South Miami Avenue Miami. Florida 33132 Tel.: (305) 374-4620 r CHALICIS INTERNATIONAL AIRLINES, INC., a Florida corporation, Defendant. IN Tilt C I RCU iT COD't or "a 1 �'�l m� JUDICIAL CIRCUIT in AND R -DAb2 dOUNTY PLORiDA CANE NO. 99-7029 CA-19 09NERAL JURISDICTION DIVISto" -- STIPM ATION OP VOLUMARY DISMISSAL- WITa00V_ PRUDDICS , COME NOW the Plaintiff, City of Miami, Chalk's International Airlines, respective undersigned counsel, as follows: and the Defendant, i Inc., by and through their and for their Stipulation agree 1. In consideration of each party agreeing to comply with the terms and conditions of this Stipulation, it is understood and agreed that this lawsuit is hereby voluntarily dismissed without prejudice, with each party acknowledging that neither party is waiving any rights as to any issue raised by the allegations of the Complaint filed herein. Both parties further agre< that during the term of this Stipulation no actions will be taken by either party to increase or enhance its respective claim to fee ownership of the subject real property. 2. Both parties agree that so long as Defendant is in compliance with the further terms of this Stipulation, that the issues raised by this lawsuit will not be litigated by either party hereto for a period of ten years from the date of this Stipulation. 3. Defendant hereby agrees to donate the sum of Fifteen Thousand ($15,000.00) Dollars per year on or before the 15th day of June of each year commencing June 15, 1989, to the City .of Miami Adopt -A -•Park Program for a period of ten (10) years. The ; City Commission of the City of Miami shall determine the r H I BIT 1 R, ad: ►. the vark or parka to be the beneficiary of this donation,' Oefandant agrees to name the City of Miami as an k' additional insured on aviation and Airport Operations insurance coverage and shall continue to provide such coverage to the City of Miami during the ten-year term of this Stipulation. Coverage provided to the City of Miami shall not be less than that carried by the Defendant throughout its air system, or the air system of Defendant's Holding Company if Defendant is a wholly owner - subsidiary. Presently, such coverage amount is two hundred - million' dollars 0200000,000.00). 5. Defendant has reviewed and consents to the "Master Plan" for development of Watson Island adopted by the Commission of the City of Miami on Pebruary 23, 1989, by -Commission Resolution No. 89-199, and any amendments and successors theretolp as it applies to Defendant as long as said plan either leaves Defendant at present location or removes Defendant to another location on Watson Island, and agrees to comply with the terms of same if said dlan is implemented and d-esreloped. 6. If Defendant is required to move from the facility on Watson Island presently utilized by the defendant to another location on Watson Island, by a development plan adopted by the City of Miami for development or redevelopment of Watson Island, it is understood and agreed by the parties hereto that Defendant will move to said new facility with the further understanding that the facility will contain facilities of a nature similar to those presently utilized by Defendant for its seaplane operation at 4ts existing facility and, further, that Defendant will relocate at ,o expense to said Defendant. Defendant will, after any such required relocation continue to pay the donation required under the terms of Paragraph 3 of this Stipulation and the terms of this Stipulation will not be altered by the removal to a different location on Watson Island. Removal to a different location on Watson Island will in no manner alter or modify the claim of the Defendant to ownership w 2- of its existing site on t ,� d at WAttah isand and shall not be deemed a waiver of its clam y; �u #a 5: awnerahip.. w The undersigned hereby represent each to the other that they: Have been authorized by their respective clients to enter into said Stipulation and that their execution of same will bind their ;.. respective clients to the terms and conditions contained herein. �.11 DATED this .,,..� day of _0 Nr .. _. 1589, at Miami, Dade County, Florida. • CITY OF MIAMI, a Florida municipal corporation (Plaintiff) Jgrge L. ernandez, city A A torney for City of Miami 1100 6miFirst Building One S. . Third Avenue Tel.: (305) 579-6700 JLF/M/K/db/M111 CHALK'S INTERNATIONAL AIRLINES. INC., a Florida corporation (Defendant) e By. f' Harold M. Rifas Attorney for Defendant 1435 South Miami Avenue Miamit Florida 33131 Tel.: (305) 374-4620 RESORTS IMRVATIONAL, INC.) ALLOW ASSUMPTIONS OF JUNg 1$1 1989 CONDITIONS ZY; MY1140 BOAT, INC., (ALSO A SUBSIDIARY OF ARSORTS INTERNATIONAL) (See label 42). r.a.r..--------- Mayor Suarez: Item 21. City Attorney, voluntary dismissal without prejudice, in the Chalk's International Air. Is this related to the change of the corporate name or agreement with Chalk's so that you can proceed to operate a seaplane facility there? Harold Rifas, Esq.: Yes, yes, sir. Mayor Suarez: OK, does the administration recommend it? Ms. Angela Bellamy: Yes, we do. Mayor Suarers Does any Commissioner have any problem with this? Commissioner Plummer: The only question I'm asking is, for some reason, they're telling me that this would make it easier to sell and it's the same company, but it's transferring the name. Mayor Suarez: OK, do you want to explain that, counselor? Commissioner Plummer: And I'm sorry I didn't have a chance to get to Joel Maxwell. You said he had worked with you on it. But it's a transfer of name to facilitate the sale, yet they have no transfer rights of their obligation to the City so I would like that explained a little bit more in detail on the record. Mr. Rifas: My name is Harold Rifas, I am counsel for Chalk's International Airlines, Inc., 7900 Red Road, South Miami. The answer is simple in one way and complicated in another. It involves FAA licensing requirements for airlines and in order to separate the, now what runs as Paradise Island Airways, from the seaplane operation that runs as Chalk's which today are presently licensed under the same license. It's necessary that one of these two entities be relicensed. In order to relicense the complications involving relicensing of Paradise Island Airways or Chalk's into Paradise Island Airways, would be long, expensive, time consuming, and arduous. It's a far simpler matter to recertify what is now the seaplane operation and the reason why we've asked for the change is they are allowing the second corporation to utilize the Watson Island agreement, is purely and simply to facilitate the transfer of the seaplane operations to an eventual new purchaser. Mayor Suarez: Do we have final approval of that? -if that ever takes place? Mr. Rifas: I'm sorry. Mayor Suarez: I think we do, don't we? -on an assignment like that? If they transferred the ownership and so on? Robert Clark, Esq.: There is no agreement, contrary to the statement by counsel. We have evicted or were in the process, I think it's an armistice rather than a - that's about what this is. Mayor Suarez: Well, not a total declaration of peace, just a... Mr. Clark: No, but there is no, quote, agreement and the fact that we are agreeing or asking you to go ahead with this is simply out of courtesy. This doesn't change the position of the City in that Chalk's has no possessory or ownership rights whatever in that piece of ground. Commissioner Flummers Doesn't this, in effect, by them asking of right, give the City more presence in its suit? up the 190 Jm1._y 124" 111 i7 x i s � Mrs Clanks tell, thatia the xk perception that the judge will heave to Saks our position... Cosisisasibiser Blusmners But if We granted, wouldn't your case be >rsote r „ oubstant ial in court! �r Mr. Clarks I think the fact that they have asked us and the fact that we r;. Would agree does put a favorable light on the situation. Commissioner Plummers I don't think agree or disagree, Just their asking gives us a better edge in court. You don't use anything negative in this to the City? Mr. Clark: No, air. Commissioner Plummer: And, for the record, counselor, you are still going to make your annual contribution of $15,000 from Chalk's Airlines to the City. Mr. Rifass Yes, sir. Chalk's has not been - Chalk's Airlines has not asked to be released from it's obligations under the agreement, simply asking that a separate corporation be allowed to utilize the agreement. Mayor Suarez: Has that money been going into the general fund? Mr. Rifas: Yes. Oh, I'm sorry, to the Parks Department. Commissioner Plummer: Parks Department, I think. Mayor Suarez: Don't tell me you know our accounting better than we do because then we're really in trouble. Mr. Rifas: Somebody might. Mayor Suarez: Yes. Commissioner Plummer: Can we put a... Mayor Suarez: Madam Assistant City Manager, anybody know where this money has been going? Mr. Luft: Going to a parks improvement fund. Commissioner Plummer: Yes, that was stipulated. Mayor Suarez: The old parks improvement fund. Couldn't... Commissioner Plummer: Mr. City Attorney, can we include in this transfer right that any successor has to negotiate with the City on future use by anew user? Mr. Clarks I think that's the whole result and concept... Commissioner Plummer: Well, you know, I'm asking, can we do that? Mr. Clark: That is the effect of the transfer of the of your action. Commissioner Plummer: In other words, we agreed to the transfer today. Wo then say that if you sell that to any other new user, that they would have to come in and negotiate with the City, terms and conditions of a new agreesne�it, Mr. Clark: Assuming that you wanted to - yes, you would, they would have to deal with the City, Mr. Rifas: I have to disagree with that, I wish Mr. Maxwell discbut...were here to discuss this, Cosnmissioner Plummer: OK, in effect, if we deny them today, Oro the y 4041edy Clarks They are denied. The stipulation of dianisual is WON before today atarted, Just that w+ay' t M n i r v CITY OF MIAMI• FLOAIOA INTER -OFFICE MEMORANDUM. r0 : Nt RoeabIt MAyar and Members DATE : July 2, 1990 FILE Of the CityCo>mItiosion SUBJECT Sale of Chalk's International Airlines Operation on Watson Island by Resorts FROM : Cesar H. Odio REFERENCES: International, Inc. Re: City Manager Resolution No. 89-3.881 ENCLOSURES: Case No. 89-7029 (19) f Stipulation of Voluntary �snccraaas �.rti.cavu.: s-zc,�vurwc . Dated June 13, 1989 On June 7, 1989, the City Commission adopted Resolution No. 89-358 (copy attached to proposed subject resolution), which authorized the City Attorney to execute the Stipulation of Voluntary Dismissal Without Prejudice in the case of City of Miami vs. Chalk's International Airlines Inc.. Said Stipulation stayed t gat on for ten years; required a onation from Chalk's international Airlines. Inc. of $15,000.00 per year to a City parks program; required insurance; and consented to the City's development master plan for Watson Island. Resorts International, Inc., in its letter of May 23, 1990, to the City of Miami's Development Department, has requested that it, as the holding company of Chalk's International Airlines, Inc., contemplates the sale of the Chalk's seaplane entity operating out of Watson Island. Said sale, however, is contingent upon the new entity having the ability to operate the existing seaplane operation on Watson Island. Consequently, Resorts International, Inc., is requesting that the City adopt a resolution permitting requirements of the Stipulation of June 13, 1989, (approved via Resolution No. 89 538, June 7, 1989), be undertaken by another wholly -owned subsidiary of Resorts International; this new subsidiary to be named "Flying Boat, Inc.". The name of the new entity would be changed back to Chalk's International Airline, Inc., subject to the separation of the existing seaplane (Chalk's) operation and existing Dash 7 Operation (Paradise island Airlines). Other than this substitution of corporate entities, no other change or modification of the June 13, 1989, Stipulation shall occur. All other conditions contained therein will remain the same. It is recommended that the City Commission adopt the attached resolution authorizing the City Attorney to prepare and execute documents necessary to effectuate the request of Resorts International, Inc., while at the same time, protecting the City's rights conveyed pursuant to the subject Stipulation, without prejudice to the City. The City Attorney's Office has t r advised the Administration that this modification may be made without prejudicing the City's interest. _ CHO:JEMtbftM2l4 cc: Jorge L. Fernandez, City Attorney Herbert J. Bailey, Asst. City Manager Joel E. Maxwell, Chief Asst. City Attorney Harold M. Rifas, Esq. E; Jack Luft, Development Coordinator FY. y q N T- 4 A 2 t • CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM. 'k f J : DATE : t 1LE V, The Honorable Mayor and Members July 3, 1990 of the City Commission SUI SECT : Sale of Chalk's International Airlines Operation on Watson : REFERENCES : Island by Resorts §oM Cesar H. International, Inc. City Manage ENCLOSURES: RECOMMNIIATION It is respectfully requested. the City Commission adopt', the, attached Resolution authorizing the City Attorney to amend the existing Stipulation of Voluntary Dismissal without prejudice. [CircuitCourt Case No. 89-7029 (CA-19)] between the City of Miami and Chalk's International Airlines, Inc. (a subsidiary of Resorts International, Inc.) approved via Resolution No. 89-538 on June 7, 1989, and execute' appropriate documents, in a 'form acceptable to the City .Attorney, with Resort International, Inc. and Chalk's International Airlines, Inc. which will allow the assumption of the June 12, 1989. conditions by another wholly - owned subsidiary of Resorts International io ' be called "Frying Boat,,;Inc."; said assumption of liability being without prejudice to. the City of Miami and in no other way modifying -or amending the subject Stipulation of Voluntary Dismissal Without Prejudice. BACKGROUND: On June 7, 1989, the. City Commission •adopted Resolution No. 89- 358 . (:oopy attached to proposed subject' resolution), which. authorized the City •Attorney, to execute the Stipulation - of. Voluntary Dismissal Without Prejudice in the case of Clty' of'. Miami ,.vs:: Chalk's Internatiional, Airlines, .Inc. S4id Stipulation stayed .l'itigation for ten years; 'required a donation from Chalk's International Airlines,. Inc. of $1'5,000.00 per' year to a' City parks, program; required insurance; , and consented to the Cityl s development matter plane for Watson Island. Redoirts International, - Inc., in its letter of May 23, 19901 to. the -.City. of Miami.'s Development Department, has" requested that as the holding company of Chalk's ' International-Air.�.�laes,; Inc.,. contemplates the sale of the Chalk's seaplane entity.- -operating out of Watson, Island,. Said' Gale, 040wevez', is contingent upon the new entity having the ability to operate the exiating seaplane operation on Watson.Island. 4.- y d ! 14 I The Honorable Mayor and Members page 2 July 39 1990 of the City Commission . —� a uentl Resorts International, Inc., is requesting. that the Cons q y, City adopt a resolution permitting requirements of the Stipulation of June 13, 1989, (approved via Resolution No., 89 5.38, June 79, 1989) , be undertaken by., ` another wholly -owned subsidiary of Resorts International; this new subsidiary , to be. named "Flying- Boat, Inc.". The name of the new entitywould be changed back to Chalk's International Airlines, Inc., subject to the ."separation of the existing seaplane' ( Chalk's) operation `'and. ` _ existing Dash 7 Operation (Paradise Island Airlines) . Other than . this "substitution of corporate entities, no other ohange ar modification of the June 13, 1989, Stipulation shall occur. All other c`oaditions Contained therein will remain the same. It is 'recommended that the City Commission adopt the attached''` _ resolution author"izing the City Attorney to prepare .and execute. documents necessary to effectuate the request of Resorts International, 'Inc., while at the same time, protecting the. City's;-rights conveyed pursuant to the subject Stipulation, without prejudice to the City. The City Attorney's Office has =j advised the Administration that this modification may be made without,prejudicing the City's interest. c c: Jorge L. Fernandez, City Attorney —� Herbert J. Bailey, Asst. City Manager =; Joel E. Maxwell, Chief-Asst. City Attorney Harold M: Rifas, Esq. Jack Luft, Development Coordinator a