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HomeMy WebLinkAboutR-84-0561lu J-84-75 2/2/84 RESOLUTION NO. 84" 5G1 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT, TN S13BSTANTIALLY THE FORM ATTACHFID IIERETO, WITH THE DEPARTMENT OF OFF --STREET PARKT_NG FOR THE SUBLEASE OF A PORTION OF JOSE, MARTT RTVERFRONT PARK FOR A MUNTCTPAL PARKTNG FACTLT_TY. WHEREAS, the City has leased from the State of Florida, Department of Transportation, certain land located in the right-of-way of 1-95, more fully described in Exhibit A attached hereto and made a part hereof:; and WHEREAS, the City intends to develop a municipal park on the leased area to be known as "Jose Marti Riverfront Park"; and WHEREAS, that portion of the leased area which lies between Southwest 6th and 7th Streets and Southwest 3rd and 41ch Avenues (hereinafter referred to as the "BLOCK") an:l more fully described in Exhibit "B" attached hereto and made a part hereof_, has not been incorporated into the Park Development plans; and WHEREAS, the Department of Off -Street Parking has obtained approval from the State of Florida, Department of Transportation, to develop a municipal parking lot on the said Mock; and WHEREAS, the City finds that a municipal parking lot would enhance the park's attractiveness and accessibility to City residence; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to execute a sublease agreement with the Department of Off -Street Parking in accordance with the copy attached hereto. (Exhibit "C") PASSED AND ADOPTED this loth day of May , 1984. TTEST: PH G. ONGIE ty Clerk Maurice A. Ferre MAURICE A. FERRE, Mayor CITY COMNISSIpi4 MEETING C)F' MAY i o l�m R[P"%,frr.;. PREPARED AND APPROVED BY: v � G. MI TA sr7t�}' R Assistant (;it.� Attorney APPROVED Iv:, TO }"Ont1 ANT) CORRECTNESS: JO GARCIA PEDKOSA C _y Attorney GMM/wpc/ab/203 64-561 f 4 I 1 4 i M W1 1 PM t�fx�41 F-5rT E I LEGAL DESCRIPTION A portion of Lot 5 and all of Lots 6 to 15, both inclusive, Block 41 South, CITY OF MIAMI, according to the plat Vhereof recorded in Plat hook "B" at page 41 of the Pi)blic Recordn of Dade County, Florida, being more particularly described ns follows - Begin at the Nort.hepst corner of said Lot Se thence run South 87052138" West along the North boundary of sai(± Lots 5 to 10, both inclusive, a 6ist:ance of 299.80 feet to the Northwest corner of said Lot 10, thence run South 2014'35" East along the West boundary of Lots 10 and 1.1 a distance of 300.18 feet to the Southwest corner of said Lot 11; thence run North 8705111011 East along the South boundary of Lots 11 to 15, both inclusive, a distance of 249.84 feet to the Southeast corner of said Lot 15; thence run North 2014'36" West along the East boundary of said Lot 15 and portion or said Lot 6 a distance of 160.03 feet to a point of intersection with the Southeasterly Limited Access Boundary of State Road No. 9 Section 87270-2425 as shorn on RIGHT OF WAY MAP, recorded in Plat Book 83 at Page 21 of the Public Records of Dade County, Florida; thence run North 6034'03" East along the last described line a distance of 134.58 feet to the point of intersection with a line that is 7.00 feet South of and parallel to the North boundary of said Lot 5, thence run North 87052'38" East along the last described line a distance of 29.35 feet to the East boundary of said Lot 5; thence run North 2014'36" West along the East boundary of said Lot 5 a distance of 7.00 feet to the Point of Beginning, containing 76,746 square feet, more or less, or 1,762 acres, more or less. F,XHTBTT B t 84"" 56i THE SUBLEASE AGREEMENT BETWEEN THE DEPARTMENT OF OFF--STRFET PARKING AND THE CITY OF MTAMT, Fi ORTDA THIS AGREEMENT, made and entered i nt.o t;hi. day of , 198, by and between the Department of off -Street Parking, Miami, Florida, hereinafter called the "Depart:.ment", and the City of Miami, Florida, hereinafter called the "City". WITNESSET11: WHEREAS, The City has leased from the State of Florida Department of Transportation, land in the right of way of I-95 shown in Exhibit "A", attached hereto and by this reference made part hereof, and, WHEREAS, The City intends to develop and construct a municipal park to be named Jose Marti Riverfront Park on all of the leased area, WHEREAS, that portion of the leased area which lies between 514 Sixth and Seventh Street.; and SW 'fhi.rd and Fourth Avenues has not been incorporated into the development plans for Jose Marti Riverfront Park and, WHEREAS, The Department has received approval from the State of Florida to develop and construct a municipal parking lot on the above described block, and WHEREAS, The City agrees that a municipal parking lot would greatly enhance the park's attractiveness and accessibility to the residents of the City of Miami, and, WHEREAS, The Department has obtained written permission from the State of Florida, Department of Transportation and the FHWA (Attached as Exhibit "B") for the City to enter into a Sublease with the Department of Off -Street Parking for the use of the block described above, NOW, THEREFORE, i.t is mutually agreed by and between the Department and the City, that for and in consideration of the premises, it is mutually agreed as fo11.o4;s, to wit: 1. The City hereby subleases to the Department as the party responsible for developing and operating the space described above or a portion thereof as a municipal parking lot, subject to the terms and conditions herein contained, and also all applicable terms and conditions contained in the memorandum of Agreement between the State of Florida Department of Transportation and the City of Miami, Florida dated November 6, 1980, relative to the above described parcel, attached herto and made a part hereof as Exhibit "C". 2. That the terms of this sublease shall be for an initial period of ten (10) years at the end of which both parties shall have the option to renew every five (5) years until such time as the City lease with the State of Florida expires unless sooner terminated as hereinafter provided for use as a public parking facility. 3. Attached hereto and by this reference made a part hereof is Exhibit "D" which is the location sketch of the parcel to be subleased by the Department for this public parking facility. 4. Attached hereto and by this reference made a part hereof is Exhibit "E" which is the legal description of the parcel which is to be subleased. 5. It is understood nrid mutually agreed that the City may terminate the `,ublease only after providing six months prior written notice to tilt Deportment prior to such termination. 6. Capital invc-stmt_nt Will be !rnorti Id with all revenues in excess of t.l"ie cin�eint cosh of operation. sifter such time as the capit,�l it vCsttn, ;,t, is fully arnor ti ed , Z111 revenues in excess of tht: ontoii;� posts of opt ration 111d rnainttnance of the parking lot will be distr ibut.ed or; thu fol lowirif- basis: (1) The Department will retain t.,o-thirds (2/)') of all excess revenues after operational and viaintutialnce txj tt1 is have been deducted. (2) The City will be pzid one-third (1/3) of all excess revenues after operational expenses and maintenance have been deducted. EXHIBIT C 84-561 7. It is further understood that, should the City, after giving proper notice as provided herein, germinate the sublease, the City shall rei mb,rrse t;he Department, for al.l rrnrecovered costs of construct.i.on related to. the public parking facility. Such construction cast shall be verified by the City's internal Auditor jri°;hi_n ^i_xt.y (60) days after the initial day of operation of the 8. The Department agree.^ to provide all vacant spaces in the parking area after 5:30 daily during normal work weeks and all day on Saturdays, Sundays and legal holidays at no charge to visitors to the Jose Marti Riverfront Park. 9. The Department shall. indemnify and save the City harmless from and against all claims, liabilities, losses, and causes of action which may arise out of the Department activity under this contract including all other acts or omissions to act of City, its officers or employees in, from and against any orders, judgements or decrees which may be entered and from and against all costs and attorneys fees, expenses and liabilities incurred in the defense of any such claims, or the investigations thereof. 10. Further the Department agrees that it will require contractors constructing facilities, paving and making improvements contemplated by this Agreement to maintain insurance as will protect the City and the State of Florida Department of Transportation as required in Exhibit "C" attached hereto. The City of iliami shall be named as an additional insured and is to be notified of any cancellation of said insurance policies at least thirty (30) days prior to such cancellation. 11. All plans associated with the initial construction and any modification thereto shall be reviewed for approval by the City and the State. of Florida prior to commencement of construction. The City shall accomplish the review within 30 days after receipt of the plans. 12. The City shall have the right to inspect the facility periodically and request improvements in writing at its own expense. The Department shall install these improvements within 120 days or less after receipt of the request. Normal maintenance and wear and tear shall be the responsibility of the Department. It is understood and agreed that the obligations undertaken by the Department pursuant to this Agreement shall not be delegated to any other person or firm unless the City shall first consent in writing to the performance of such services or any part thereof by another person or firm. This Agreement shall be binding upon the parties herein, their executors, legal represent-.tives successors and assigns, The City reserv?s the right to audit the records of the Department at any time during the performance of this agreement and for a period of one year after final payment is made under this Agreement. 8 4 - f;1 IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed, the day and year :First above written. ATTEST: FOR: CITY OF MIAMI CITY CLERK HOWARD V. GARY CITY MANAGER, CITY OF MIAMI FOR: DEPARTMENT OF OFF-STREET PARKING MIAMI, FLORIDA ROGER M. CARLTON, DIRECTOR DEPARTMENT OF OFF-STREET PARKING APPROVED AS TO FORM AND CORRECTNESS: SE R. GARCIA-PEDROSA CITY ATTORNEY APPROVED AS TO CONTENT: CARL KERN, ACTING DIRECTOR DEPARTMENT OF PARKS AND RECREATION 84--561 Ar, ii kam NO jwWgium, - Am STATE POAn n, T_! DADE COUNTY PARCEL NMIU R MEMORANDUM OF AGREEMENT Section I-95 THIS AGREEMENT, made and entered into this` r1 day of 19 q O , by and between the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION, a component agency of the State of Florida, hereinafter called the "Department", and the CITY OF MIAMI, FLORIDA, hereinafter Called the "City"; W ITNES5ETH: WHEREAS, the Department has acquired sufficient legal right, title and interest in the right of way of I-95 shown in Exhibit "A", attached hereto and by this reference rude part hereof, on which the City proposes to construct facilities for park purposes; and WHEREAS, there are certain areas in the vicinity of S.W. 4th Street under an elevated section of Interstate Highway I-95 which are adequate for the construction of park facilities; and WHEREAS, the proposed use below, the grade line of the highway facility will not impair the gull use and safety of the hioh�•.,ay; or require or perinit vehicular access to such space directly from the established grade line of said hig1w,,ay; or interfere with the free flo,,r of traffic on said highway; or gill not result in violation of Part 626 of the Regulations of the Administrator, Federal Aviation Agency, as amended; and WHEREAS, the City has requested that the said areas be used for park purposes. NOW, THEREFORE, it is mutually agreed by and between the State of Florida Department of Transportation and the City of Miami, Florida, that for and in consideration of the premises, it is mutually agreed as follows, to wit: 1. The Department hereby leases to the City as the Party responsible for developing and operating the space, subject to the Department's right to maintain its expressway facilities, all those rights here and above described subject further to the right of the Department to use such space as necessary for maintenance of such expressway facilities and further subject to the condiJ ons and terms herein contained. 2 That the term of this lease shall be for a period of ninety-nine (99) years unless sooner terminated as hereinafter provided for use as a public park facility. 3. Attached hereto and by this reference made a part: WWI; Exhibit "A" which is the location sketch of parcel to be leased for this City parr facility to be constructed under the elevated right-of-way shown in Exhibit "A". attached hereto. 4. Attached hereto and by this reference made a part hereof is Exhibit "B" & "C" which is the legal description of that part of the right-of-way shown in Exhibit "A", attached hereto that abuts the Miami River. 5. Structures authorized to occupy the space will be of fireproof construction in accordance with the provisions of local applicable building codes found to be i acceptable by the Department and Federal Highway Administration hereinafter called i the FHWA, and will not be used for the manufacture or storage of flammable, explosive 1 or hazardous material, or for any occupation which is deemed by the Department or the FHWA to be a hazard to highway or non highway uses, and the operation and maintenance - of the space will be subject to regulation by the Department to protect against fires or other hazards impairing the use, safety and appearance of the highway. In cases where the Department or the FHWA questions the acceptability of the existing code, conformance with a nationally accepted model code will be required. Further, the occupancy and use of space the highway shall not be of such as will permit hazardous or unreasonably objectionable smoke, fumes, vapor or odors to rise above the grade line of the highway; Additionally, where the proposed use of the space below the grade line of the highway requires additional highway facilities for the proper operation and maintenance of the highway, they shall be provided without cost to either the Department or the FHWA. 6. The City shall obtain prior approval from the Department and the FHWA prior to making any significant revision in the design or construction of the City park facility shown in Exhibit "A", attached hereto. 7. The City shall obtain prior approval from the Department and the FHWA prior to making any change in the authorized use of space as provided by this agreement. 8. The City understands and hereby agrees not to sublease or assign the space herein, or any portion thereof, except upon prior approval in writing by both the Department and the FHWA. 9. It is understood and agreed to by the City that this Agreement will be revocable in the event that the City park facility ceases to be used or is abandoned. W Zs R 84-561 10. It is understood and agreed to by the City that the Department reserves is l t leaso whout: liability, in the event the C the right to revr�ke skit:y violates any of the conditinns of this Agreement, and such vinlat.iton is rent. corrected within thirty (30) days after written notice of non compliance has been {liven. Further, that in the event the Agreement is revolted and the Department dermas it necessary to request the removal of the facility occupying the space, the r cirrova 1 shall be accomplished by the responsible party in a manner prescribed by the Department at no cost to the Department or the Flit -IA. 11. The City does hereby covenant and agree to indemnify, defend, save and hold harmless the Department and FHWA from any claims, demands, or liabilities of any nature whatsoever arising out of or because of this Agreement, and from any and all damages to the roadvray structures by fire or other accident or casualty and assumes specific responsibility for payment of any related damages occurring to the highway facility and to the public for personal injury, loss of life, and property damage, and does accept the full reslaonsibility for any failing debris, or injury that may result from spills of any kind from the hi ghr..ay strr.icture. Further, the City agrees that it v,,ill require contractors constructing facilitie paving and making improvements cont.empl,�tc;d by this Agreement to maintain such insurance as r•rill protect the Department from clams under the tdorkmen's Compensation Act and from any other claims for propert:v damage, personal injury and bodily injury includinq death, which m,3y arise from any construction pursuant to this Agreement. Such coverage shall be in an amount not less than Two Hundred Thousand Dollars ($200,000.00) for damages suffered by any one person and Five Hundred Thousand Dollars ($500,000.00)-for any (1) accident. Certificate of suc11 insurance shall be filed with the District office of the Department -and subject to its apr%roval. 12. It is understood and agreed by the City that representatives of the Department and the FHIJA have the right of ingress and egress over, upon and across the space facility for the purpose of inspection, maintenance or reconstruction of the highway and adjacent facilities when necessary. 13. It is understood and agreed by the City that the park facility occupying the space will be maintained so as to assure that the structures and the area within the highway right -of -tray boundarie will be kept in ciood condition, boar as to safety and appearance, acid that such maintenance will Le accomplished in a manner so as to cause no unrc•asonable interference with highway use. In the event the City fails in its maintenance obligations, then the Department is authorized to enter the premises, perform the necessary maintenance and receive payment from the City upon presentation of an invoice for actual cost to perforer same. -3- 84-561 ►4 rti { ftfll(1I i r: P ?.!1 l it-_ I. i �i I f ;:., i , I f idix "C" } f % ti !. _ j and Ti+le 4C5 Cc7 3s= ((jtIIai,inn` %l. t.`le t`.: for i rf, its assignees and .. Successors in inir-rec. .}qr^`s a ollr,t•,;: a. That as a pari, of the consideration hereof, does hereby covenant and agree as a covenant running rlith the 1 land that (1) no person, on the around of race, color, or national origin shall be excluded from participation in, be denied the benefits of, or be, otherwise subjected to discrimination in the use of said facilities, (2) that in connection with the construction of any improvements on sai lands and the furnishing of services thereon, no discrimination shall be practiced in the selection of employees and contractors, by contractors, and (3) that the City shall use the premises in compliance with all other requirements imposed pursuant to Title 15, Code of Federal Regulations, Commerce and Foreign Trade, Subtitle A, Offic of the Secretary of Commerce, Part 3 (15 C.F.R., Part 3) and as said Regulations may be amended. b. That in the event of breach of any of the above nondiscrimination covenants, the Department shall the right to terminate the lease and to re-enter and repossess said land and the facilities thereon, and hold the same as if said lease never been made or issued. IN WITNESS IdHEREOF, the parties hereto have caused these presents to be execu the day and year first above written. WITNESSES: As to the Department As to the City APED AS( 711,1 AND CORP.ECTNESti' f ��11 This lnstrum�entt EEx�cuted Pursuant to Resolution;No. 80-244 STATE OF FLORIDA DEPART MENTWL-7,�ANSP RRTATION By Deputy ,Socretaryfor Admi ni stra r ATTEST:L Exotbtive Sec etary THE CITY �41AUJ,,, FLORIDA By: _y r a ger AT -ST. Ci clerk v �•���ian L•i.l nitln.t.��l Vt Innr,�Nv,�1,111v��) r.Y• �.� ; ,Ji 84-561 i L Commence at the Intersection of the ea::,tcrl.,y R/1•f line of SW 4th Ave. and the nort)—r.Ty 11/14 line, 0"! 14 !li;1) ` t: , , said point being; also the southt;estci^?.; t>1cr:k. c'�-tt;e: c?f' ?_ST,F S of A.L. YNOWLTON 'IIAt' OF Pr IA""I . T?rr as recorded 1_n 3'1 t; Bc ol( "T " al; i aFc 111 Of the rubll.c P,nCo 'Ci^ of - Dade County, thence al -on[; the northerly R/'�' 1_.�1.,,c Of SW 14 St. N 870 56' 55" E 2 1i . r>1� feet 11-0 the point- of r nter:,ect 1,011 w1.1;11 the northeasterly R/1, line of S.W. South River Drive (unopened) as shown on the plat of RIVI✓RSIPT? WATETIFT30NTS as recorded in Plat Book 25 at Page 72 of the Public RecnrdS of Dade Counts, Florida; thence along said northeasterly R/W line of SW South River Drive N 26' 51" 23" W �8.57 feet to the point of intersection with the L.A. R/'r! lane of 14-S Express�..•ay (T-95) according to the plat thereof, as recorded in Pl'at Book 83 at Pa e 215 of the Public Records of Dade County, Florida said point also be-'nF, the Point of of the herei.nL,fter described parcel; thence continuing alone- said r .:^.. R/11 line of I-95 N 210 13' 45" E 137.92 feet to the point of intersection vith the U.S. Harbor line of the ','iami River as established b;; the U.S. Corps of Engineers, (1933), said U.S. Harbor Line also being; the platted line of s::id RIVEI;STDE WI=RFRON'S; thence along said "arbor Line S 320 49' 05" E 5.00 feet to U.S. HARBOR LINE PT. #33--A; thence continue along said U.S. Harbor Line S 411 07' 04" E 214.41 feet to the point of intersection with the easterly prolongation of the northerly n/1I '.ne of Sw 4th St., thence along the northerly R/W line of said S1•; 4th St., and its easterly prolongation thereof, S 870 56' 55" 14 139.83 feet to a point of curvature; thence westerly and northwesterly along, the arc of a curve concave to the northeast having a radius of 50 feet and a central angle of 651 OS' 42" for an arc distance of r6.85 feet to a point of tangency with the north- easterly P./'l line of said S.W. South River Drive; thence 21 26' 54' 23" W along said northeasterly R/1•1 line of SW South River Drive 16.63 feet to the Point of Beginning. 84--561 L's �- ice, l t n "�,� �� •.�' ? i-.. I �, 't� }} r - �I> %n 7.Al. T4 a 1 6 -7 a . r. "` w I i I_ M-d.' f ;:-r , �.1 ' �.a 4 ,J j • .' � •s ..�---- ,-� line - r--1 of a G f.4 ! _.1 �r.<-•-+ - _ - v j?ClCTA. 7 t5 �: f. rr, 44 �w } .r •+ -.A_ 'p N�11 7Ut. ScA �-- 7� %f .�.{° r# f �_r'--' 7a9ons a4O' f, ��:. .. �( J37.�ri J` i�i9i9��in 4 '.D`t I r~ ;i.Oki c), Kia -•. o- 1 �i � � �� n�Fn -'� r`,�, '7 � JAB � ��ti a Z} a r p 1 M1 � � �• ,~C �j/ Iris '_`� ! 4 t> F.t ^!�� ..+ I I (la _ 1 `.i�a i !'� f (:♦ � � co D f�� ? • } ` � � r•i r) K,n -- 1 b N y tr,�" s . � .v t, � 1 � • : ' � 1+� •�. � " a r (-- ' i .N F~ ✓I j� f �—1 (V� '�'�c I Garr Ln iV J a� y -6 F` }� rl --�---- � r i % P 7-4 It t� z ,T 7,a 1•�t Tf� rt's ,�,�i � �•� f�i� r R I-i � i�] � 1 ' 1 ' � ,, � Cr, M�c• I=- � ,� i� � 1� f� 4j�\` ` ti; "•�iD y �1., I f 1 �.:. m Z "� 'N D 6i c rA � c G S I` { uF �•, d`. ( I , n ," p N - •' 1 .,I k• I 1 u ('� t� YJ f t` N . Ill.: CA �a C.1 b �„(� O ,17 �J r' l>t V ' • 1 : J N ry . N N et A 1 -y— -i�Ur :.ID`{ y I ✓ G r.A CJ I lD j O',:n ,� • � � Y �tl �. �t1i• i:} I � � r O , I � � � 1 �' I I I V tT • i � �^r t I� p0+ Q N b as . Lo 97.W / �(t g st•�b•d _// 98 9v' �','- �I.t� twW S?4.20tC,7t r� - - H S%1,ota.7f� - - Rltti Line 41.6 1 {' 1 O 1 ,O a 6. 111 I f3 TN ST -.� _ �;4 7A� � 1.i �-y�-•,s�•-'t_L1L._-- tea' _ F _� _ __ •.•.,;� � r... POCSTA 41t02.01 (/!v Linas ` -ar1E17, • ` ,� I jI `� ; � -; a'(� ��7 � 2 f � �.'��y' a°_� j� swy'F�' �rI` �- ��D 1 I I ,nI23 .. z, �` �� i {, �, IJV `` �J `� }� I ,'1 4 f,I �>4i ,3 �; �}7`.1a `y `_ t,* �'•��'Ie _._ � 1 `NiNc7 G {}•uta t �,'- .Jv�IY� r,`�'��i .•"� I 'l S a tiU G t (t� � ��6'Ila � �`sy;sr � �„ j ��r,M�" :"'1��� y / `� �,f, I � � ►��Iv', � t ' — J cif 71 11 y - z r 1:-3y -.� - r: r�''33 33 rE , F1 W *I EXHIBIT "E" LEGAL DESCRIPTION A portion of Lot 5 and all of Lots 6 to 15, both inclusive, Block 41 South, CITY OF MIAMI, according to the plat thereof recorded in Plat Book "B" at page 41 of the Public Records of Dade County, Florida, being more particularly described as follows: Begin at the Northeast corner of said Lot 5; thence run South 87052'38" West along the North boundary of said Lots 5 to 10, both inclusive. a distance of 299.80 feet to the Northwest corner of said Lot 1.0, thence run South 2014'35" East along the 'Jest boundary of Lots 10 and 1.1 a distance of 300.18 feet to the Southwest corner of said Lot 11; thence run North 87051.110" East along the South boundary of Lots 1.1. to 15, both inclusive, a distance of 249.811 feet to the Southeast corner of said Lot 15; thence run North 2014136" West along the East boundary of said Lot 15 and portion of said Lot 6 a distance of 160.03 feet to a point of intersection with the Southeasterly Limited Access Boundary of State Road No. 9 Section 87270-•2425 as shown on RIGHT OF WAY MAP, recorded in Plat Book 83 at Page 21 of the Public Records of Dade County, Florida; thence run North 6034'03" East along the last described line a distance of 134.58 feet to the point of intersection with a line that is 7.00 feet South of and parallel to the North boundary of said Lot 5, thence run North 87052138" East along the last described line a distance of 29.35 feet to the East boundary of said Lot 5; thence run North 2014136" West along the East boundary of said Lot 5 a distance of 7.00 feet to the Point of Beginning, containing 76,746 square feet, more or less, or 1,762 acres, more or less. 84-3F3X 0 11 142 n TO: Howard Gary DATE: April 23, 1984 City_,Manager -� `,-;�-�.r?,.,,�,_ � SUBJECT: SUBLEASE OF NORTH BLOCK; JOSE MARTI RIVERFRONT PARK FROM: Roger Carlton Director Department of Off --Street Parking Pursuant to the direction of the City Commission, the Department of Off --Street Parking entered negotiation with the Parks and Recreation Department to sublease a portion of Jose Marti Riverfront Park for a public parking facility. The negotiations have been completed with the following significant terms: o The lease term will be ten years with successive five year renewals through the entire term of the City°s lease with the State of Florida. The City may terminate the lease at any time so long as any unamortizcd investment is refunded to the i�epartment. o The Dcpnrtmcnt mail]. i.iivcst approx:..m,- tcJ_y 1�,100,000 to d velop the site. At t,l]t_ po1.ilt; the, 1cpzirti',�-�c'nt 1cQc)vcr:c itF� C?pital and operatioii(i� litV'f';1:.it?t'1'it, tiE.''i; i'C`1�-! Ur:;;� i:il.)_ Iiti with the City. Two—third0).1 bu l)y t:h<- rn(­ hi r d will be r e t a i n c d 1) �ti_t i �,will be required for uhc iicp<rt,n nt, to rccc;vc:r it, irivU,�tliiCtA, o The City will review construction pj1 ns prior to dcvc3npment of the facility to ensure uniformity with the development: plans for the park. o Park patrons will not be required to pay for parking after 5:30 p.m., on weekdays and on weekends and holidays. Based upon the mutual interest served by development of the facility and the potential revenue to the City after the Department recovers its investment, it is recommended that the attached sublease be submitted to the City Commission for approval in their May 10, 1984 meeting. Enc. 3 i 84-561