HomeMy WebLinkAboutR-87-0827R
J-81- 00
9/t/87
RESOLUTION No, _ 70M�82 F
A RESOLUTION A THORt'2 NG NIA -DAOR MARINE
INVESTMENTS* INC. 4/b/a BUS BRNCHEE COMPANY
10909 BENCH COMPANY") TO ASSIGN THE AGREEMENT
POR BUS BENCHES TO PotiRY ENTERPRISES, tact
f "PObRY ENTERPRISES" ) UPON THE TERMS AND
CONDITIONS SET FORTH IN THAT "CITY OP MIAMI
CONSENT TO CERTAIN ASSIGNMENT OP BUS BENCH
CONTRACT AGREEMENT"* WHICH HAS 82IN PREPARED
BY THE CITY ATTORNEY# AND PURTHER AUTHOR12ING
THE CITY MANAGER TO RXRCUTH SAID AGREEMENT,
WHICH AGREEMENT WILL EPPECTUATE THE CITY OP
MIAMI' S CONSENT IN THE MANNER PROVtDEb POR
WHEREIN.
WHEREAS, on November 2, 1983, an Agreement for Bus Benches
was entered into by and between the City of Miami and Bus Benches
Company for the right to install bus benches; approved by the
City for the convenience of the travelling public, in accordance
with its terms and conditions as prescribed therein; and
WHEREAS, on or about May 24, 19841, pursuant to Resolution
No. 84-593, the City Commission approved an initial assignment of
the aforementioned contract to Eugene A. Hancock and Eugene A.
Hancock, Jr., who own and operate MIAMI-DADE MARINE INVESTMENTS,
INC., a Florida corporation, d/b/a Bus Bench Company; and
WHEREAS, pursuant to Resolution No. 86-855, dated
November 2, 1986, the City Commission agreed to an extension of
said term of this Bus Bench Contract up to and including
November 2, 1988; and
WHEREAS, on or about July 8, 1987, the City Administration
was contacted by Eliot C. Abbott, Esquire, an authorized
representative of the Bus Bench Company, with a request that the
City of Miami consent to the sale and assignment of the above
referenced Bus Bench Contract to FOLEY ENTERPRISES, INC., a
Florida corporation, whose principals are Steven Martin and
Donald A. Foley; and
WHEREAS, Section 19 of the Bus Bench Contract reserves to
the City Commission , upon its acceptance of the City Manager's
.-p
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recommendation, the right to approve any assignment of the Bus
CITY CQivInVtlSai%iiV
Bench Contract; and NFL, TING OF
SEP 8 1987
R�S4�t�TlQA
KMARO;
i IEPAS# the City Manager h&J m&dj§ aft afttrmnti4Ve
recommendation that the City COM11441approve 'SUC41, assignment
Of the Aus $ench Agreement for Ito remaining term to pobgY
ffif npRlgESt INC. # and
WHSRRAE, the City Attorney has prepared and has had executed
2;
by both the Assignors M1A141—DA131 MAUNE MESI'MENTS; Mot d/b/a
Bus Bench Company# and the proposed Aasignae# POLRY ENTERpRiass
1NC.s a written instrument which approves this aasignments
entitled "City of Miami Consent to Certain Assignment of Bus
Bench Contract"i upon the terms, conditions, covenants and
stipulations set forth therein;
NOW# THEREFORE, RS IT RESOLVED BY THE COMMISSION OP THE CITY
OP MIAMI, PLORIDA:
Section 1. The findings and recitals contained in the
preamble of this resolution are hereby adopted and incorporated
by reference herein as if fully set forth in this Section.
Section 2. An assignment of the City's Bus Bench
contract dated November 2, 1983, as amended, by City of Miami
Resolution Nos. 84-593 and 86-855, is hereby approved; said
assignment documents are to be in a form acceptable to the City
Attorney.
Section 3. The City Manager is hereby authorized to
execute a written instrument entitled "City of Miami Consent to
Certain Assignment of Bus Bench Contract", which document sets
forth the terms and conditions upon which the City's consent to
this assignment is predicated, including without limitation the
deposit of twenty thousand dollars ($20,000.00), in cash or by
check payable to the City of Miami, by the Assignor with the City
Manager or Finance Director.
Section 4. The effective date of the City's consent to
this assignment shall be the date of the deposit by the Assignor
of twenty thousand dollars ($20,000.00), in the manner required
by Section 4 of the assignment agreement.
w2-
PASSDD ADD ADOPT11D thi'R Dj , ft Of
RAVIER too H REZ • MAYOW
ATTS
MATTY HIRAIp CITY CLERK
PREPARED AND APPROVED Dot:
Joli
RAFA tiE: SOAR R IVAS
AS51D�'AN'� (ATTORNEY
APPf20V AS PORM & CORRECTNESS:
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76
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5
July 20, 1987
City wanager
City of tiliamu,
3500 Pan Arftrican Drive
tiiami, Fl. 33133
Dear Mir. Odeio:
personal appearance before the
I would like to request a per
Pliarti City Commission at their July 26, 1987, meeting.
ti
`j
'The emu, -pose of the . appearance is to discuss the transfer
of Bus Bench Corny.
f
Sincerely yours,
`
EugeneA. winc:ock
Chairman of the Board
fi 0 r -t Z)tJ