HomeMy WebLinkAboutM-82-0503G
i? 7, 1^
Howard V. Gary
City :,Tanager
Cit,r o Miami
Dinner Key, Miami, Florida 33133
Dear i.r. Gary.
In ccnzideration O t'C': r u�T �C"� 1 C-f the sal-_-, t'_" 1sfrn
an-; ccnl ceyancc of stoc}, in Discayne Recreation Develcnment
Com-�an1• b-, sycc'.-:holdcrs,-ncluding Paul S. Cdal'.:er, Seller,
to Jerry's Caterers, Inc., Buyer, Jerry's Caterers, Inc. ma}:es
the follc'.:ing representations:
.1. S',c h&vc= all of' tna 4C an6
bct:tieen B1SCayiiC 1tiCCZ"eutlUil DGVE'1O,�,~..ei.t Cor:rpanv and
the City and recognize, understand and pledge to live
up to all such obligations.
;2. Sf)eci_fically, �•:e arc a;.arc of Provision 33 which deals
v-ith the transfer or convoyanco of stoc% which requires
the City Manager's prior approval.
3. Jerry's Caterers, Inc. is aware of the pending litigation
and status ther.cof in the case of Miami Marinas Associa-
tion and the City of Miami, Third District Court of 7S1DT:Oai
Case No. 80-1_963, which is currently nending a petition
for certiorari to the Florida Sunrel-Ie Court.
I-,heref.ore, the undersigncd, who is duly authorized to enter
into arrccnlcnts and mrl}:c representations on the behalf of
Jerry's Caterer_n, Inc. , aC}:llOt:Z.C'd�]e!i such mattCrS as C)11t1111C'C� a�aOVC.
Very truly yours,
JERRY' S C?1TEI:ET;S, INC.
Cam,
vic: /J'rrs'.1d ;t1
:.��,;•• :�L. (a)'"iT�.;(,':;;'I' l�I'�JiI CITY
(1��i:._'.L:�`�TG;' (�(jr�c;l; "I::;(:l: t'1i! i•!.':'i 11 , 1').:� .
I; t C
� 1
-1f
82-503F -
)Ic:rarc V. Gar_• _ t•'.-%_ 7, I'32
'ana7er
Cc:- an nrry I s Carter=r s . _ n
a, 1�''�
Geo:.:ge F. Kno:'
City Attorney
A re��ie:. o� the Manacc...._ ac L„ ;
n- e en h
and Biscay!: _ P<ecreati on D--: e1•c-mcr. _ Co::��, t u Flcri�a
,
indicates that Paragrarh 33 contains a Non -Assignability clause.
T17-3 clause requires the Co : ny to obtain, n, '- ? prior ar :roval fcr
any transfer or ccnveya :ice Of stoc!: tc : 'ar tins 'e.,no are nct stoc-;-
holc�rs.
Mr. Oc?io has proviced a copy of tiro stock: sales agreer,ent beM,.een
Paul S. Walker as Seller, anO. J-zrry's Caterers, Inc. as Bu •er.
Sucl- agreem, nt is fcr the sale and l urcl as_• of cc----cn stock; in
Florida corporation kno•:7n as 3isca,, no RcIcreatic::
Company.
In order to assure that: Jerry's Caterers, Inc., v.ho will be the
controlling stockholder with 550 of the stock, is aware of all
agreements between the City and the Company, they should exami-ne
all of the agreements and obligations thereunder and inoi.cate in
a written letter that they understand, recccnize. and %•.ill live un
to all of the: obiiyaticns »ursuant to suc:l ccntrzctuG:l arranc]e::.ents
bet.1con Bi scaync. Rocrcation DevelopnIr2nt Company anC the City.
They should also sipecifically indicate that they are award of
Provision 33 Which deals with the transfer or conveyance of stocl-
which rerurres the City Manager's prior Ci�),i1 oval. .Jerre' J Cl�tei-% s,
Inc. should also act:1l0WlOdcJc the fact- that they .are awa- o of the.
pending litigation between P•lia,ni Marinas Association and the City
of I✓iami, Third District Court of Appeal. Case 110. 80-1963, %.?hic'.ir
is currently penc?i.ng it petit -.ion for certiorari to the Florida
Supreme Court. A latter i-ndieat.i-ncl tho saltic from Jerre' s Cl-iterers ,
Inc., signc2d by the duly �at,thori•r.ed representative of that corpora-
tion, will be sufficient to �cl;nc;w]c ddcthc:;e obliclation ;.
:such letter %gill operate to p1-otcct Lh- CiC ;� ;Is Would ripply to transfers
o!: other stock:holcicrs' intc�r.est Is well. Aka, your appI0V-Jl could be
Condit:io>>cfd by mnl:i.nr; it c•c�iiti.n;;cnr upon City Cor1raissi0n approval at
the next-
82-503- -
^III=i t:C�',...111 i:1 t'_'r1: 1 .i:: ti ;-. e.1' t ' 11, 1J �, i 1 aC.0
1 t- _r
L'C:t.w(JIl 1`iti :. r�L t..., i._L't)L';�1: ��.'r rt�L• �Lo ri$ t'..'T.ii Iti" c�;A .1G: S
C: :'.^.�. I;L t:`r•�a:uit_� ref :" "x3 i� t C.
Iuof certain stcc:k in the Florida cog=aticn as
T1i:. w..'.li i'._.i...: ...: 1111.+.. 11.''+....._i'. u.i rh �.:. .�a".'.�• 1...�h�.... �:�� i:_--'ter. _�. y7
t)�::
,1�L•.Cl t.�l':r�i IC.p.,tt.
l�il:
sale,
l.-I.C:r^.S `:L and'. C�...'�, �'Cll �."..L
C.. .r•.���:
�1�:I�ter. is
inc�r 1=i;'.� :`
�n c
L",2
I:L �:;.'_
C7',1-:_'. c:l:: C`: --n—:.
;
rub;
here in .
V,' I T IN E S S G T 11:
Sviil�l� [S, the SFLIZE is tl:t IZ SUilt C.::;f:L' of Uomty Ci;e 'I"rousand
(21,000) haros Of cci non stc,c:: of t.l.l_' C-C."Jri:.t"'.'Ti'ICi:, and
t-:,_' S1?I P holes th-..! ri.c,::t5 t0 I�1rGl� rV �4^ c%iClt;cnaI
i.. s rcur (31,1, 0 v) s_ o� ca.rcn st.c:: of .e �i.F�i• C:.,
a rri
::L iLr1Z: an' issuc l S.t r&3 o:. Uh" Cr!',LGRATIC'i:, and
I -a L: 01 t1;e CC..1O:�IT, . c:l I:ccc^i`c:r 12, 11,100 c.ntercid into a contract
7.Ui th,-� Ci'Ll -, c- iiliul11 CnLitle-c tl�il:ug�3Ce?Ilt Agr(:cirnellt" und—ar the teri-,Is of
wl-:irh the CD,'U1O4?,,TICN is rcquircl to Irancge tl,e City's Dir:ner ley Marina
f«cil i.ty, and
t Imo' s, '. �s '. i .g l l fifty Five ^. '�11ra� '�.. t_► L I;U'1i;.. i. c �. i.i'� lit' Of Z11""[ ��'_> 1 C c `h.. CL1Sc a
( GUU) shar', cf the CCi: .17:1 stucck of s:Ii:: 17,E the
t
ION, Tlil:lclYCI;:1., ill co:lsi:lcl:aLiun of the mnditions cis set
forth huroin, the pirl•ics cio txjrce as folla..s:
Of :_clll__ ThQ !i1.I.1!.l' illJl ee-1; to : i-1 1 and the IIMYT.i\ agj.-c-(2s
t.0 jurdw!: "LLI.:i. , 21, 000 :;Il:Irc c� . the CX1I:::[:Il . tc ; of the ct,"'mr1,11c:1
fur ;i 1.1: ic:c of. $10"' 000. UU I ay,I►,le in with tlzo ti 1nls
►;C`r:;ftor :-4 L !i�i"t_h. :il. �i1'1.11' 1 ::: I Ct':; tt) ....r::cjll to 1'L'i7::; all
tltlt' ;u,.-1 IJ.tt.11r.,. ill :1 to t:t..:[' O. t-l:n _;t(;l'.. ..,:�Lt. jllt^RJit :i
..UI,. ....1#4t-,�i (LG;ii'I�"`". .i" _
8�=503_
u
(� G:o: S n--
joL,.:tl Ly her
llli�ii7n Dr. Sol i ii..:l:l. Cci:l--�3 of s,? al rr : It i are a tt.:.t:hc l hcreto as
C, I- .": <�:c-'1� 'i�:'� L(ii► �.:3r i? �.� t±:2 a ;
C f` s 1 _ i. a— 7 r �.'t -' 1 }. l-.t2 i �...-
o_ SI',1�_i S rl'�:.w ul ..uL_. stc..i cd1Qs C.�ji �.r. :1 .1_ t,
l—v,. to SI'%.0 , his hoer;, p-2vso:'al iij:rC CI":t:ti:':: (S..v assigns, for so
as c
to 1/2 ct is of �tliC C'rCj� L �._�'�� Vi th'� IiiI .<x Vc,
1 1
_ 1
1i;�iiii3 Cl:a�l���:t c�3 iL�.l1'. I fiC1 .�l l 'J ll�`L.:t 4Il �i Lli. ter. t ng a.htZ-
a..:_:2 itl.� rtl �i• �',;::1 Si'r.31 1 10 inc ro.:., tL to �.`�!. (:f �.`� �: ..,iA rc:::' z c-
1
bi^.,._ Cc,:.l�lt �1?el? <►l i :�: pits r.�cc�c:� _ for.
Of t,"e Irma faLilit,, h-wo L:�Cn cbta-- -C:3.
t,. L`I:•nn ti-.:: ", ccuticn cf this docu?ent by th,-, ru: uirC•3 parties,
e:;•_•cu; ix, bl;;..... all Cre
tli�l S, i t (?1, 000) sl:al: of coxion stow:.:: t'-:,:: t he c,•ms ill
to huSs7, Allen &
f>::er, P. A. to 1me heldL, ow i. escrow shall not be C1�`.rl«litGi
exc mot ill i3CC0 Ccf.L1' %.,i h i1 C terms of
13. With Ul O c}:ccu::ion c:: t11i r, docuncnt, the S1_LL R Shall
execute ,an irrcNc—c lble I ro:xy iai favor of the i3U=-11 ca^.11uicing
this date Wr J C-01lfi1l1Lil1y ill full f01"ce MIO effect Wltll the
w :_ll I1lI C:i J:' I: ic(- as :7.,t fbrtll hl-is 1.uc-i1 I=<?ld to
tl:t 1i1:1LI1:R am', all 1Adc-4h io held in trust is disl=-jed
t:t_) tll(' 131U41iI? . �4 1�.►-�-��.�.�'2m.,� � � �.�..�-.� � 1
`-ro""'''-�-� ✓�' -`r, u'':.Q Gl-� �j ;`'!Y L `.Lrft..`" v
• C. 113+c 5121,11:1? joillaj by hi.,; a:ife shall assign to BUYER,BUYER,th-i.r-vl- '
rig
lit:3 Lr; Lhe four tls:)us,:lrld (;4,000.00) Oollars Flaccid iii
e:;c:ic,';: rl.i th .ltis)rnc.y f•:111-r:ty l:�lbbin .1:. �ie::cril�.'cl ill ::zid
ciirc!r:;rwit:, .1!; wel l a; tll -' "102,214.00 loan to tLo COa101vil'1CN
WOC11 ::Ia.l::I: 1t_�rr�:,ura:; to b! rl vali.L: c )114;at-ion of tll�!
�•:'.I k, i'1•:411 i,.::. In
l .'_ft "c.-l•,;S. !. to 1'. -._:r- ,J`.i...t'rr's.J' s': (/:+, t r -`rrpa -
V2 l50a! r
v
u.-;ail t•� c::..ii�_...'� �` .�:._c�-.:� - � �_., :�-_:i•_s; :�z�h.
t�
O% $66,211.co.
'.L. I: �._ i.c:� .f:..� C- L.. -I.-1 ..Z `-� .. _—:•.� r � :� �.
D. t;J 1
✓�:1'.:j "'1.::•� c'�.1:_. tt:_' :l:i�...`:i' _ii� �-: ;"I=::`_ rim _ :� i C:-��._`.....r..I:.:1
p_'rcent or t}•:.; LU
as
T:�,L<..�.L'-'. 1:: '!r:_.t_i. ..- .�... ;. � .•_::::. I"� _....__, 1fM_U;, f_':7%?'.".
to bUz:: nu,-i I.er Cf .-I1
r
( fcr n'•,
4 200 sl,iara; 2C o:: t}:e free of all
lier^.s .
E. '1110 LU'._:;: Sh3ll 11 re 15 dsys frc:,1 tic tire of c :ec,:tion of
this insti L ent to o?curc bI, t1:e Ci t,' of t''iazli of
agent shzAll dis1:u� -e th,:a irlstr;ments an-3 f1 rI —s des.:ri�w, in
.' �Y- r�..h ._ (� i•n r .�'-� u n--r ; rt` c.•.rs a.; r`1
L.c..�c�_ i c� ':E: t ti._ 5U_...1 ctr. �._-.-
1' . the Gi}�t fiir U-.e i •riL.ia ,: Cf, t..,o u.`.i.1C%
($1C7-:,CU1.CO)
_hall :i-a r-Ii6 in
five ( 5 )
c ual anl:u l
i.'lstallrrents
of $21,000.00.
'1i;c :tin :mall
rct Lear
h,terest. The first
insUil lni nt shall
i-_ dtL? ore liar fsaa
data_ of this
agr-earent.
'DUshall execute a pranis l� -
the L"R noto in t}1e a��unt of
$105, 000.0C an:l Cerald A'_,nti?erc,1-Il,t hL�11 JOL1 III said note
in his 1:ersonal cat.acit; . In the e-vent of 0,2f.Iult•, the
irr��✓ocal�lc .1 shall }a- Calice11Cd :u"d Lhc! c:.;CrL".: agent:
shall ck'1iver the runi:+ining shares to U1` S11MLER.
G. It is
a3r(,oA
and that FLUWR shill
Lx: cntitlOd to
ally
ar.,2 '111
or G111 'r 17,11i'tiu; Of u.-m =11ij) eccurrL':y
fran all :.}I.I]"l_'fi of Connon corliunc.d -n this inst-uneilt
fzcill t} Il :; J I .
i :�!:If II'1 ,�•G.�:�_�J .LL-�;. ,.n,Y.E. i'.. ....E _.II•.,,i�. �'l Ltt.;*. t•.{„ •�' i. ...t. fitl{. .:]la.• - [---
82-50:.s_._
7711.L.:� �i:mil I:t� t;,i: I .:lt;an 25 Oays
attar l .e cl.d
if C Y;:1 r.Cil�... S._.
a cc=_ of
'111� rx�Ia_Ill��
:1�:a �.i.� .C.�.:.L:.:� ai:a�4r! a �.... ��.�. Ir!:_ _��'•al
to 1/2 of 1j of t}r� grc:3s rc.:ci is cf tl,e Di:.rlur Kuy -a
Ca-:rlc::, as
receiv,.-I fran all s�urc�s, wit 1 t_r:c u;ti erst r :�rr
t,at saiAi ronu:ll _a:m shall Le to li of tho rress
cf
,;a T•- ..pll,,- _n all
ir. 17i.: ,c.r :�.:,� :�:..;_:l�l C:.:,1. , ... ...,
nt=-:.'_�.�:i:.� i:Cr rt•:....._ �.'ii^.Ci ..,.. �:::_. G•• _ �.._...._:i �,� �.= r,'..:_�..3
I. In the uvon.t lhc, CCI OPS�TICN-'5 with
tr:e City of Mi,:Lni or any lea:�e or rlxiification ar3re�rent
that may Le sub::tit.ite3 for said. V.-an 1gc-ment Acree xr,t
h tl-.. Ci.t,' cf i:ic';'.i t`:rcuch le7Z-1
fiction, tl-.L? shall ice e.,:c,.lscd f-- I �:1.I1� clii1 Illr'.J.e
paym arts ur:a_r tho tcn;;s cf this i:yrear-cmt and any sums
rc-aeivc::; by SFIlZR pricr to said tee ri :a`�icn shall :
rctaillcc' by tl-,c .Sn T4Ea as liu^iiClci` :3 d:Lm. a In th2
the `�grecnvc it is tui.:ni tCu L • lc:,al p�-c•cess and
is rclplaccd by a lear;e or other fun:l of contract %4icruby
G_rald Pair 2il}ast is involved as a princilxll, or receives any
lxnefit., ciruct-.ly cr indirectly, frcrl said s&sLi j.,ticn
Sh'131
Contini:e, not Witll:tanclilr} tho I�ccou3il:c3 j-.-avision cf tdiis-
Izlrz�rc'.I)l;. (�!rald has exocutcd diie, Agrec"'ent•
for t1:c' l�a>lti�s�� of <3LVAr.intecil.g tho I-.irfon^ance of t1:e
COP.{ORAT10!v, its aicros:rar•_ and assigns.
2. D_1ler's ll:irraiti.os.
A. '111e herein Y.:il"S".lilt:, tllatt Hal [hit}?%:;ic}Il`!i 1:; Z valid
t:I.d curr.,,nt.ly (.:::icon, on lair.:u.m.t tJ) tl:c ].:;::, of
m
82-50 _ _
I3. 'Illat ot,:er r�nl;�r�:l►_Ilt ���r 4p,_.e�:al t1� Ci�J
l:a:...;cr t�:Crc? is P- erx�r:tl; c� i:."_i::; r:'a r�st_.�'_ctier cn t:a
tr.n.:;_.-2_ cf s I- I i _-4 st.cc!I, ar.d t_'i:-i,: r.c rcT� t-i.-z?c:s c:, = tsssfa=
Incoqor at? Cn of said CORECIATIG:I.
L. 11,at.� tl:l�it irS l.'..
I.'.."l:£°.'mit,l 1S;;:i ; w':/.� Cutstii. ';-.'9 one h Ir!_ rsa
.r.'tlarl's c.. 11 .c� .... •.�ir..•�...��, L.'at .C. �+ Tit
is tti:.. C:,Z�•--- = Cf t,.,ent;1 Cr.s t 3L. ( � _, 0Ch ) s.h'ar'S • i
of any and all enctml:rances, liens, rc_ IL-ictieru and cbliaaticns,
and tliat l� is the title:: ownor of: sail Stec;:, and that he has
the richt to freely tx %• fcr luis :.•.cc., to tl:.a BUTS-IR.
li. T,.'? Sl._:L_lS ti..:t hc'r. C'c c: �, :.ot,. ..i L~�, �t1y e:•�st a: J
litigatic i l�_.t..ec.n th.e CU-10R.1TIC„ cnd any individ`vl,
3rt1i:r:hii.-, col craticn, or cr.tit1', e:ice':t fJr a
lxrrir3 la-4-suit s 1•3 l:x a1n' ��1liActS n�rtdl LB Ei�CJre-u
Rec=c:ation D_t'c1or-- ent. C:;r'.?craa,ion (c`_.1-1 Q32
L. '1'rlQ SaII•.'R warrants that: to the Lust of his knc:Jlcwce and
1x:lief ta:e OC'RMIU'1'ION has cal;Oicii with all rcquircments
or the Internal Rf-wenuo SCIViC: , tare I` jai-t:�ar�t of P%P_veljue
ai'd all i?aencies of ,ovcri-r,,ent in r`f rance to the
filis'3 of a►:, an:l i,ll t.1}:C (IUa ley MIUADITRATIG:; ai.d that
all taxes ilre currxr.L.�C....�'.n.�.t, (.�/ '�-,ems+-�.�.':AT
r. b) the event Uic SMIJ'k is an officer or cliroctor of t:11.a.
CI)W0I';%TIC,,, hu, heruirl iigruos that upon taie cbtauiing of
tl tlPl :r c Jiil Of t:ll2 Ci Ly of I•ll i:rili tO th0 stt0..l; t rx'.s f•or, lie
shall rusig l f ruii any "I'd all of f i cos i md; car jx0:.i t ions tllzlt
he r►iy ))"Ad. 'Mlle• SIIAI!'P furt-11or l:',"Irl;lrlli tlizt tlii:r(. cil'C' no
82--1503 --
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r Ch:'.:'..a�•:�a �..
Cyr :'i:. l.•'1 c�T'1: �.. ..�]
l
Ct I;f?'I' r �i� 1. ti) 11 r y • F� L�
oL saki .:iIC2. ,ram; a c� _ �.
an
t
attcr►!O; 's Ices
12,., Z�Ir:,,ESS 1;IiI f�!:C7', t?.e u;r..:: r:sicjt:. 3 11�:v` set their ha..;s a:a' seals
C.-i the ruic }'eau: fishh:,Y. writt_on.
CorjDorue Scal
JLRI:Y I S CINP21"ERS, I27r . , Euver
�1
Pre:sidc.n1
Cl AI P. t '"I"CIt