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Home My WebLink AboutR-86-0385e d-86-430 5/22/86 RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT WHICH IS ACCEPTABLE TO THE CITY ATTORNEY AND SPECIAL COUNSEL CONCERNING CERTAIN LITIGATION BETWEEN THE CITY OF MIAMI AND CENTRUST SAVINGS BANK OR ITS SUBSIDIARIES. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to negotiate and execute an agreement which is acceptable to the City Attorney and special counsel concerning certain litigation between the City of Miami (hereinafter referred to as "CITY") and CenTrust Savings Bank or its subsidiaries (hereinafter referred to as "CSB"), said agreement to resolve certain matters in dispute and to provide as follows: (a) CSB is required to make rental payments to the CITY in connection with its use of the World Trade Center (hereinafter referred to as "Center"), within thirty (30) days of the execution of said agreement. (b) The CITY and CSB will sulit the cost of covering the CITY'S parking garage in said Center with fire resistive materials in order to meet the requirements of the South Florida Building Code with the CITY and CSB utilizing an engineer to determine the extent of fire resistive materials needed for said compliance. (o) The CITY will ascertain whether remedial ventilation work is needed to be performed in the parking garage and if needed, the CITY will perform said work at its own expense. (d) The CITY and CSB will jointly pursue, through litigation, recovery of the cost for the work and/or T CONMOSION MEE77NG OF MAY ►UN hu. services whioh result from implementation of the provisions of _ 4 paragraphs (b) and (o) above against such parties as may be responsible for the conditions giving rise to such work and/or services with the understanding that if recovery is obtained, the proceeds recovered will be equally divided between the CITY and CSB. PASSED AND ADOPTED this 22nd Of May 1986. 1' ATT S %� VIER L. SUAREZ, MAYOR MATTY"HIRAI, CITY CLERK PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED AS FORM AND CORRECTNESS: LUCIA A. DOUGHE Y, CITY ATTORNEY RFC/rr/Ml02 ops 4111� August 7, 1986 Mr. C. Dickson Chief of Police Miami Florida RE: CODESIGNATION OF CENTRUST FINANCIAL CENTER Dear Mr. Dickson: MATTY HIRAI City Clerk DEPUTY CITY CLERKS Robert E. Tmgle� Georgia .'%l. tittle EN,010 Ri7 0 S)kia M. Mendoza Svlvia Lo�timan Lillian Dirkmon STAFF St'PPORT El"a PICdrdo Enclosed herein please find a copy of Resolution No. 86-385, passed and adopted by the City of Miami Commission at its meeting held on May 22, 1986, which is self explanatory. The herein Resolution and Agreement are being forwarded to you in order that you may update your records. Under the terms of the Agreement between the City and CenTrust Savings, the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) is to be codesignated as "CENTRUST FINANCIAL CENTER". The address of the CenTrust Tower shall be "One CenTrust Financial Center". We thank you for your continued cooperation. ^1 0 M ATTY HIR AI City Clerk U IUI I ICI I DIPLIN' CITY CLERKS Robert E. Tingley (Op) Georgia Ni Little Evelio Rizo August 7, 1986 Yvia M. Mendoza 50%is Lo%%man Lillian DiJrnon STAFF SL PPORT [h d RRatdo Mr. Donald W. Cather Director of Public Works Miami Florida RE: CODESIGNATION OF CENTRUST FINANCIAL CENTER Dear Mr. Cather: Enclosed herein please find a copy of Resolution No. 86-385, passed and adopted by the City of Miami Commission at its meeting held on May 22, 1986, which is self explanatory. The herein Resolution and Agreement are being forwarded to you in order that you may update your records. Under the terms of the Agreement between the City and CenTrust Savings, the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) is to be codesignated as "CENTRUST FINANCIAL CENTER". The address of the CenTrust Tower shall be "One CenTrust Financial Center". We thank you for your continued cooperation. Alk August 7, 1986 i Mr. Walter A. Herndon Metro -Dade Public Works Dept. 909 S.E. 1 Avenue Miami Florida 33131 RE: CODESIGNATION OF CENTRUST FINANCIAL CENTER Dear Mr. Herndon: MATTY HIRAI UN Clerk DEPUTY CITY CLERKS Robert E. Tingley Georgia M. little Evelio Rizo Syh is N1 Mendoza SN iv is Lots man Lillian Di(knicn STAFF 51'PPORT El%a Ficacdo Enclosed herein please find a copy of Resolution No. 86-385, passed and adopted by the City of Miami Commission at its meeting held on May 22, 1986, which is self explanatory. The herein Resolution and Agreement are being forwarded to you in order that you may update your records. Under the terms of the Agreement between the City and CenTrust Savings, the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) is to be codesignated as "CENTRUST FINANCIAL CENTER". The address of the CenTrust Tower shall be "One CenTrust Financial Center". 9 We thank you for your continued cooperation. _ 'N 10 August 7, 1986 Mr. Bobby L. Jones Metro -Dade Public Safety Dept. 1320 N.W. 14 Street Miami Florida 33125 RE: CODESIGNATION OF CENTRUST FINANCIAL CENTER Dear Mr. Jones: MATTY HIRAI Cm Clerk DEPI TY CIT1 CLFRK, Robert E. Tingle) Georgia M. little h. cho Rizo Sylvia Ni Mendoza S%I6s Ifw,man Lillian Dicknion STAFF SUPPORT EIS a Rt, ardo Enclosed herein please find a copy of Resolution No. 86-385, passed and adopted by the City of Miami Commission at its meeting held on May 22, 1986, which is self explanatory. The herein Resolution and Agreement are being forwarded to you in order that you may update your records. Under the terms of the Agreement between the City and CenTrust Savings, the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) is to be codesignated as "CENTRUST FINANCIAL CENTER". The address of the CenTrust Tower shall be "One CenTrust Financial Center". We thank you for your continued cooperation. Very truly yours, Ma ty Hirai City Clerk MH:sl ENC: als Off ICE OF THE CITY CIERK !City Hall ' 3500 E'an American Drive ' P O E3o,,33070E Mlam; 1`1011d; h r U.S. Postal Service 2200 N.W. 72 Avenue Miami Florida August 7, 1986 RE: CODESIGNATION OF CENTRUST FINANCIAL CENTER Dear Sir : NIATTY HIRAI Cit\ Clerk DLPUTI CIT1 CHRK. Rohr,rt F Tinglev Georgia 1 it Little EveL�: Rrro S�I�ia �1. 1Sc•n�.i��za 50,.ra ln%lman Lillian Drrl.rton STAFF SUPPORT Ll%a Rrcarciu Enclosed herein please find a copy of Resolution No. 86-385, passed and adopted by the City of Miami Commission at its meeting held on May 22, 1986, which is self explanatory. The herein Resolution and Agreement are being forwarded to you in order that you may update your records. Under the terms of the Agreement between the City and CenTrust Savings, the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) is to be codesignated as "CENTRUST FINANCIAL CENTER". The address of the CenTrust Tower shall be "One CenTrust Financial Center". We thank you for your continued cooperation. CITY OF MIAMI. FLORIDA INIHE; O FIPE -MgMORANDUM - - _ 11t,---------- - TO Matty Hirai July 25, 1986 City Clerk • '-., SUBJECT Co -Designation of CenTrust Tower FROM Cesar H. Odi o 1�;U/ REFERENCES City Manager E N<:L OSLIPE S Under the terms of the Agreement between the City and CenTrust Savings, dated July 23, 1986, and authorized by City Commission Resolution No. 86-385 passed and adopted on May 22, 1986, the City Manager is authorized to execute all documents necessary to co -designate as "CENTRUST FINANCIAL CENTER" the City block bounded on the North by Southeast 2nd Street, on the South by the Biscayne Boulevard exit ramp to the I-95 Expressway (i.e. Distributor Ramp), on the West by Southeast 1st Avenue, and on the East by Dupont Plaza (Southeast 2nd Avenue) and all documents necessary to co -designate the address of the Crust Tower as "One CenTrust Financial Center". The executed Agreement and Resolution No. 86-385 are on file in your office. Please take the appropriate action to notify the affected Government Agencies. cc: Lucia A. Dougherty Joel D. Ware, President CenTrust Realty Bernard Jacobson, Fine Jacobson Schwartz & Const. Co. Nash CITY OF MIAM1, FLORIDA INTEROFFICE MEMORANDUM To. Honorable hyor and Members of thePjAy Commission FROM. (/fj i is A—`foug erty City Attorney \/ U DATE May 15 , 1986 FILE S�B�ECT. Resolution Concerning World Trade Center REFERENCES City Commission Agenda May 22, 1986 ENCLOSURES. Late yesterday afternoon, an agreement, su?eject to your approval, was reached by this office in conjunction with 5p,ecial °} Counsel, whereby certain disputed matters in pending litigation over this project would be resolved. The essential points of this proposed agreement are as follows: �F, Y a. Centrust Savings Bank and/or its subsidiaries is required to make rental a q payments to the City in connection with its use of the World Trade Center within ten (10) days of the execution of said agreement. b. The City and Centrust Savings Bank and/or its sub- Ln sidiaries will split the cost of covering the City's parking garage in said Center with fire resistivity materials in order to meet the requirements of the South Florida Building code with the r City and Centrust Savings Bank and/or its subsidiaries utilizing , an engineer to determine the extent of fire resistivity materials needed for said compliance. c. The City will ascertain whether remedial ventilation work is needed to be performed in the parking garage and if needed, the City will perform said work at its own expense. d. The City and Centrust Savings Bank and/or its sub- sidiaries will jointly pursue, through litigation, recovery of the cost of the work and/or services which result from implementation of the provisions of paragraphs b and c above a`y against such parties as may be responsible for the condittons giving rise to such work and/or services with the understanding that if recovery is obtained, the proceeds recovered will be equally divided between the City and Centrust Savings Bank and/or it subsidiaries. It is my opinion, and the City Manager concurs, that this agreement is in the best interest of the City and your adoption of the attached resolution approving the same is recommended. LAD/cm/ j$F)t{1 Enc. i i