HomeMy WebLinkAboutR-81-0397.. t
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kit.. ... �_.. s- s, ., •�,
and facility commonly known as the "Miamarina"; and
WHEREAS, the City has advertised for public proposals for
the lease and the operation of the Miamarina facilities; and
WHEREAS, New World Marinas, Inc., along with several other
proposers, made public proposals in accordance with bid docu-
ments; and
WHEREAS, the City Commission directed the City Manager to
negotiate a short-term management contract with New World
Marinas, Inc.;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to ex-
ecute the attached agreement with New World Marinas, Inc., for
the operation and management of Miamarina for a period of four
years, substantially in accordance with the terms and conditions
set forth therein.
PASSED AND ADOPTED this 15TH day of MAY ,
1981.
MAURICE A. FERRE _
MAURICE A. FERRE, MAYOR
/ C�e_L
LPH G. ONGIE v L.. C"
TY CLERK
� r i
PREPARED AND APPROVED BY; APPROVED A$ TO FORM 4ND CORRECTNESS:
JO N J, OPEI, N, JR ;� , GEO GE F. KNOX, JR, ,
ASSISTANT CIT ATTORNEYS . CITY ATTORNEY I �' -' �`'_=C:�
,'DOCUN",'F`T INDEX OF
A P 9,► '( J. ;
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Howard Gary April 29, 1981
City `•'.ana.rer
Mahageitent Agreement for 141amarina
with New World Marinas; Inc
Carlos Iarci 3, .1 tin" Director fEs.
Finance Department
It is recommended that the City
Commission arrrove the attached
ManaLement A•reement between the
City and :ew Won- _1 :-:arinas , Inc. ,
for the manar-ement of ,�Siamarina.
Further, it is reco^^en.ied that
the Lit.• ;i er be a.uti:orized to
exec!ite ~his a ee e;:t and irrie-
went the ch,n-e of ma a:-ement as
soon as possible.
The attached copy of the Resolution and proposed manacement
agreement between New
World 'Arinas, Inc., and the City of :•!iami reflects chanf-es
incorporated after a
dlscussicn and review b, the City Commission of the proposed
agreement on February
12, 1980, and subsequent analysis an,, reco;rmendatior, by Real
Estate Research Corp.,
,d.A.I. appraiser. P+11 chan:-ea have been ne-oti:itel. between,
City staff and New
World .-'arina's re^resentatives. ?! comprehenoive summary of
the terms and condi-
tions is attached .'or your review.
The proposed manaE;ement a�,reenent has been reviewed and approved by the Waterfront
Board.
F. Robert .uinlivan, '.•S.A.I., and Real Estate Research Corporation, have analyzed
the proposed mana7ement agreement and concluded that this agreement provides for
a fair rate -.�:' return to the City. Attsche.-i are copies of the corresp�nde.:ce
between the City and Real Estate Research Corporation attesting to their approval
o^ ^� n. for •��� l ,ir+ i S 1 .,'n- �e;.. .. , $j" •.'F_'mont. A1oo e;±C ,.,nrj cope f ap
-
praisal .. � , , es o the retort by F. Robert ^ulnli-,,an, :' A.I. Appraiser.
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`AND
AT OF ANNUAL GROSS "DOCKAGE RECEIPTS" BETWEEN $450.000.00 AND
550,000.00 DOLLARS.
AND
22`; OF ALL ANNUAL GROSS "DOCKAGE RECEIPTS"
OVER $550,000.00 DOLLARS.
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TAYE�.
1p CG"aCESSION PROPERTIES AR€ TAXED, CITY OR NEW
WORLD MAY bEMID
AT CONCES—co1011AIRES EXPENSE.
IF FACILITY IS TAXED, NEW WORLD AND CITY SHALL DEFEND.
IF FACILITY IS FINALLY JUDGED TO BE TAXABLE FOR
REASONS OTHER.
THAN THE VANAGE''ENT AGREEI':ENT, THEN TAXES ARE SPREAD TO TEIIANTS.
IF FACILITY IS FI"TALLY JUDGED TO BE TAXABLE BLC:AUSE OF THE
fit EPIT AGREENENT THEN TAXES ARE SPREAD TO THE
TE"IAINTS TO THE
WRIT RATES DO NOT EXCEED THE AVERAGE IN OTHER
MARINAS OF SIMILAR
QUAL i T Y IN DADS COUNTY.
IF TAXES CAUSE PATES TO EXCEED AVERAGE THEN NEW
WORLD PAYS EXCESS OR
AGREE"E'IT IS TER-MINATED AND CITY REIMBURSED NEW
►'0RLD LEGAL EXPEIISES
A'40 COURT COST INCURRED BY THIS ACTION.
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6 r.f:AGE AND THE
ANNUAL GROSS NON -..DOCKAGE RECEIPTfi OR SHE MINIMUM
ANNUAL GUARANTEE,
WHICHEVER IS GREATER.,
ADDITI0141ALLY
THE CITY SHALL
RECEIVE 25` OF ALL "CONCESSION RECEIPTS" RECEIVED
8Y NEW WORLD FROM CONCESSIONAIRES WHICH ARE NOT OWNED, OPERAM
OR FINANCED BY
NEW WORLD.
AND
THE CITY SHALL
RECEIVE 10°01 OF ALL "NON -DOCKAGE RECEIPTS" RECEIVED
I3Y NE:1 WORLD FROM NON —DOCKAGE REVENUES IN OTHER ENTERPRISES OPERATED
OR FINANCED BY
NEW WORLD, ON THE PRE"ISES.
ALSO
THE CITY SHALL
RECEIVE TWO AND A HALF CENTS ($0.025) PER GALLON ON
FUEL SOLD ON THE PRE',ISES.
DOCKAGE
RIDES
TO 5E ASSESSED
BY flEW WORLD AGAINST 11•1ARINA TE'IANTS AND USERS: ARE
SU3'ECT TO APPROVAL
BY THE CITY MANAGER AND SHALL BE CONSISTENT WITH
OTHER ' �;RINAS
OF CO'IPARA3LE QUALITY SITi;ATED ON PUBLIC LANDS WITHIN
50 MILE rADIUS
OF NEW WORLD SHALL BE PER'ITTFU iLl REQUIRE
TE:;i:'ITS TO PAY FOR U, ILITY SERb'ICES.
DEFAULT:
NEE',-.' WORLD SHALL HAVE 3C DAYS FROM WRITTEN NOTICE TO
CURE OR PROCEED
Df LIGENTLY TO CURE A''Y SUCH DEFAULT.
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C(?NJ tSSION
PROPERTIES ARE TAXED,
CITY OR NN
WORLD MAY 6EF1
AT
CONCESS10NAIRES
EXPENSE.
fF
FACILITY IS
TAXED, NEW WORLD AND
CITY SHALL
DEFEND.
IF
FACILITY IS
FINALLY JUDGED TO BE
TAXAEILE FOP,
REASONS OTHER
ftV
THAN THE t'AtlAGEi'EtlT AGREEVENT, TNE'v TAXES ARE SPREAD TO TEtdANTS,
rs,
IF FACILITY IS FINALLY JUDGED TO BE TAXABLE BtiAUSE OF THE g
hiA'lij E"Eh�T AGREE.;E"!T THEN TAXES ARE SPREAD TO THE TE!;ANTS TO THE
EXTLNT RATES DO NOT EXCEED THE AVERAGE IN OTHER NAPINAS OF SIMILAR
QUALITY IN DADE COUN .
IF TAXES CAUSE PATES TO EXCEED AVERAGE THEN NEW WORLD PAYS EXCESS OR
AGREE'tE`.T IS TERtr1I SATED AND CITY REIt'BURSED fJE:v WORLD LEGAL EXPENSES
AND COURT COST INCURRED BY THIS ACTION.
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if .Es f .F11� 1 rat r�� Jr�trf,y �t tf. ix l� It -�It � t �k i Y $f ki �'gr{y fic f rks r �fi i � �slir:
_ r� s I a t ° s ,i �. �} tc � i r. , 1 k r✓t d! i� .fib x+:. t iy: r f 4. i i ) t ; I�> t I r i t f 2
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ANAL
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REAL
C
ESTATE
RESEARCH �t Ei
ORPORATION
lull Bfichrll X, rr� �'�il n)I
Iltrntia 3i1!' tn5 37 4b71
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�tanit•ti t lill�lt I.
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L 1 1 •i 11 • 3 i Jlr � t } 1
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IJtral]1. 1i:ttlal���r
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L I S 4 i r �, S �� � k # t• if 3 t Y, � j .E F t,
F I I I a I IN 1)a ttiit't1t ;
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ti;) SW . ; t t`t,(!
I;Ifit
3130
bear fir. Hitrri;t)n:
1n 1•t 1)l� Lt) �t,llr
latter of April 21, we c ongrat.ulatt' >< Al tilt �t,ur
:�uc'COSS ill 1 iic rt_�as
i.11g the proposed ren L fc)r tilt' M i :lt!,:I) i 11a
I. V 1 7 1 J80 1 E,RC ruc:()mme:n(_Ie(I all i Ili rt':I:;t' to 20':t,
iJu , ,
cl1,t•k,11;t, 1 tlt'(no ivou l.d 1-)t., more i u I i nt, With tilt. tax i st i ilk"
mai-ke t. Lhan t !1e
15 pn_,v iOLIS J 1' j)rUpusl!d .
At yout' we 11aVP I'E'Viewed thu Proposed ill tilt!
Il':l:i(' Il., r't'!".t'!lt h('Lta't`(?ll N('.VV linl-Id .'11arj.na, lilt:. U.tlli i.ht• (�i t�' t)t
�I!Tlt:l! 'I'llt' t"la111;t' Wt)111d increase thc` j)t:rrCVIl ,apt' (,1 0(t'ic;l�;t'
t It` Lt_) the Ci t`• from 10.5'•, to Iti'. (,! I h('
't't:�'li)t:i '):l:a•)
{li,t'ka40 .1ilt• ): ' Up L ) ;•150 000 f 2•t�tn 17'1. Lu :'tl , t, I ! ',r ::1't�Nti
dui'':; n'fe I-o 1 1) L f rt)In S•130 000.01 t o $550 , 00() • '1'!lt_' It t t, o 1 '..''i.": .
wuu' iapt) t() 1'k_t(.. i j)Ls t3\-er $550 , 000. 01 .
Our sLll(1'; t1a:i basted oil d0culnellted evidence found 111 t)t Ilt'r titatiLbs
and F1.ILta t•11.1es. %Ve- are cuill l)lutely i'ami1iar with thtl ►nurkt�t
as I)!)tit`I'\'t tl :tliti 1't`t)tJt'it_'d iIl Olir �illtlt' 1980 I't'1)(tt't r1+ 1)t'I lt'\'t' lilu
Ci t \' %%ill rt'su l L o C hest 1)r t,1)t,;;c'd C h:kllt;tr.:
r:Itc cif rt'tl,rn burin; the iniLiaL lt-,,so , tern) Alld tll' rt't1tr1►:li
I.)(. t• 1 t)(i --t slur •• i :1 I j ;Is t. he he rctI u i 1 t. ti s . r 1 I I ow .1
months\' root. tiisc•()unt t_(j C-ty resident.-;.
It* yk)11 t1t't'ti :ltitji t it)r1:I1 information, pluase iid\•i.;''.
Silice re I ,
REAL L's'!.�'1'X RE'S ;�t?'ir'll t'l ►1t1'Ult:1'1'
F. 11i l�i't 11 41.1 1
Sut1 1 v 1• t t_' I?rt's
Eve
IN
+.1k+18kkrs 441111KICA'S INsTITUlE Of REA1 FSIAII AVk'kAlAkRb
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it, Lit I i f. y 1 i i i] 1 i r; J e, { 1 •t i i i• 1 1
I Vry { �' i t3 t 9 J S
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,t,. c;<•+, i;e..t'�r ltl LC rpOratloii
,..,�3te
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ti*ot'te t'lat :'.site 1002
1110 13r .!ke' l 1 r:nue
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3131
''uc:aF t1� reemen' is � �d ar
Yt _Miami 1bt' .fin
i seine:!t
;F• the
UeaI
j.
^triu i:, ' o s L^ aat•iie our telephone
i
conversation o:' "t ! 11,1y, rlt7ri1 0s
i� tt•�:
°vnInJ the ullprai.s«l conclusion
of your fi r:r i e:;•�r� i i:Ei ' ::e E�rS��'
c:Qn
'.",ar,aget;c_at Akree'aent with
New Worid
pe ed "i:�::ir :`:i
•� :," �ul� i7, '980, from your
-
firm (copy at*'a'il:c�`
In the Ie .te:' S ks:, '':Sir was the
2eter: inta.nt in whether or not he agreeren'
that the ",:::n
ciockap�e re^elved by the City. j.2 tide :�:•J J:J dU:�kr.�t-�{�
per• en.-il •'. ,'_:' _.",'cs
: b, �c,e City were raised so that the pe: c: r' ;ra:» dock -
.•t• er,t c::sr,...� u
ttc �c :ret:t wo:. 20:
then,
.,j `_ale r,ity were near the ,e levees �:�r
age .-.,.,,±:;r,;
' r aprreements reviewed, and the
be
WCU-' d
New or:: %'at•ina, .tic's, Attorney has agreed
to increase tlX percentage 01'
•..], tO L50,'';�0.0J
rN t:eip's from 10 5% to 180
on dockave incur:e
1:�1
moss ioc :,p
•• ::e from 17 o
to 20b on gross
and aoc' :::c: S.,e percentage
; (copy
of agreement atta,•`101 curt�ideruti,.•n
", tw e:. r 5' , _ n0. - t o 50,000.00
F? e • i
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Mr. William H. Harrison
Lease Management
City of Miami
65 S.W. 1st Street
Miami, Florida 33130
Dear Mr. Harrison:
This letter is to confirm our discussion Friday, July 11, 1980,
concerning our conclusion on .the Management Agreement for The
the
Miamarina. I brought out at that meeting that wtj felt that
main determinent in whether or not the agreement was fair was the
percent of gross dockage received by the City. Ii1 our opinion,
if the gross dockage percent charged by the City were raised so
that the nercent of gross doc}cage received by the Citr were near
the 2Un level, then this agreement would be comparable with the
other agreements reviewed, and the Miaciarina Management Agreement
would be fair.
I hope this letter will clarify our conclusion.
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MActXtUT Agkgf! -Wi
THIS PANAGRME!'T
AGREEMENT entered into this ----day
of
1981, by and between the CITY OF MIA."il, a municipal corporation of the State
of Florida, hereinafter referred to as CITY, and NEW WORLD M.a:,,NAS, INC., a
corporation organized and existing under the laws of the State of Floridat
hereinafter referred to as NEW WORLD,
1+ITNESSETH:
VHMEAS, the CITY OF MIAXI constructed MIA.MARINA in 1570 far the public
purpose of providing a small boat port and marina facility and a recreation
area for the public; and
WHEREAS, the CITY has operated MIAYJ%RINA for the public purpose of pro-
viding a facility for marine transportation and public recreation; and
h'HEfiEAS, the CITY recognizes that MIAu4RINA is now and shall continue
to be operated for the public purpose of providing a recreational facility
and port and marina transportation facility for the public, all of which are
proper services for the allocation of public funds; and
WHEREAS, the CITY is desirous of continuing to have MIAN.ARINA operated
for these public purposes, and is desirous of enhancing the public use of
these facilities, and is desirous of developing and existing facilities into
a full service marina and port facility for the benefit of public marine
transportation and the public in general, and is desirous of beautifying
MIAYARINA'S existing facilities; and
WHEREAS, the CITY Commission, after requesting the public for proposals
to accomplish these goals nne reviewing the proposals submitted, adopted
?lotion M-7R-535 on July 23, 1978, autho-izing and directing the CITY Manager
to t:egotiate a management contract Frith NEW WORLD MARINAS, ItiC., for the
operation of MIAYARINA;
NOW, THEREFORE, in consideration of the mutual covenants hereinafter
contained, the parties herein covenant and agree as follows;
ri TIVE
V
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CITY hereby agrees that NEW WOPtt) shall Manage said teal pf'dPetty
+and improvements thereons hereinafter referred to as the Frc,nises4 described
its tyhibit A and Exhibit t attached hereto and made a part hereof.
2. TERM
The term of this agreement shall be for a four year period tOmmehtifig
on the day of , 19"1 and ending on the day of
NE4 WORLD shall have a preferential right and option to renew this agreement
upon the same terms and conditions at the end of the initial tern for a four
year period.
The CITY shall rate NE`v WORLD on its management operation at least
two (2) times per year at intervals no greater than six (6) months. Continuation
of this management agreement shall be based on satisfactory ratings. The rating
shall be based u;)on the non—structural condition of the docks and piles, and
the maintenance and cleanliness of the grounds and facilities, the quality of
service provided to the tenants, users, and boating public at large; and the
financial abili'.y of NE14 WORLD to meet its financial obligations; as Well as
full co-.rlinnce with all of the terms and conditions of ttiis agreement. It
shall be the responsibility of the CITY of Miami for inspection and structural
repairs o" cioc►:s and piles as necessary.
WORLD shall be entitled to a copy of such rating and shall have
an opportunity to request a re —rating within thirty (30) days of receipt of
an unsatisf:+,:tory rating, which re —rating shall be made if requested. NEW
WORLD shall ae entitled to its preferential right and option to renew if its
ratings have been generally satisfactory during the term of this agreement.
NEW WORLD s'a.1 give the CITY notice of its intent to exercise their option
to renew th:: management agreement at least one hundred twenty (120) days
prior to the cr::rati,3n of the management agreement.
3. USE
F1.1- UnPLD as management agent for the CITY, shall operate and
�+nage the fac". '.y during the term of this agreement. NE'4 1J�1P.! D shall manage
the premises fv,- tfe purpose of operatic•.: a small boat port, marina, and
recreation it;; offering dockage and other .,irina related services for
the 4se p gr„ l,'Fr �.:.a p,� aeral public, These services may include;
J'
f . LG. VV
or,) mvoriug of boats.
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Up efatioti of
the tpcteatiohal 'walkways
to which
the public Must be
allowed full
and free access, except wfiere
boats are dockedo and
operation of designated fishing areas, marine exhibits, and marine
oriented attractions.
Sale of bait, tackle and ice.
Photographic services incidental to the boating public#s needs.
General minor repairs and servicing of hoats while docked or
moored in the water only. No boats or craft shall be removed
from the water at the facility for repairs or maintenance. (This
service shall be non-exclusive).
Sale of new and used boats and motors. The display of which shall
be limited to not more than five per cent of the slips, but may be
increased with the approval of the City Manager. These slips occupied
I
y New World Marina shall be assessed a' the prevailing rate of
similar situated boats and made a part of gross dockage receipts as
defined in paragraph 4 of the agreement.
Sale of nautical gifts, marine accessories, hardware and sundries.
Closed circuit 7V master antenna system for the docks and moorings
and a security service. Marina users shall be charged for
actual use of hese services. Installation charges shall be
borne pro-rata by users who benefit.
Boat rentals other than sport fishing chartering.
Facilities for marine shuttle and taxi service to serve Watson
Island, downtown Miami and Dade County.
Information Center and telephone, mail and messages services.
Sale of fuel.
- m. Shower and restroom facilities for the use of persons docking and
mooring boats.
n. Launch service for moored boats subject to City Manager's approval.
All other related services and the concessionaires for the services in
(f), (g), (i), and (1) shall be subject to the approval of the City
Manager,
Which shall not be unreasonably Withheld, and shall be deemed granted
unless rejected within thirty (30) days of submission.
Ilse and NLV WORLD agree that NE'.; in)RLD sha: i have the
e;.:lusive right to provide the above rvices on the maaated oreaises,
VE
dist
►.. `�
3 FO L LC` u:T„
tht'dughout the periods of this Agreenent, NEW V ;;Lb does hereby covenant
and agree to pay to the CITY from gross receipts a minimum annual
guatant,t of $40,500.00 dollars, or the precentages specified below
in Sections A, B, and C, whichever maybe greater.
A. ;;.�." of the annual "gross dockage receipts", hereinafter defined
as all income collected by NEW WORLD from dockage and moorings at
the m,3naged premises, up to $450,000.00.
a sp' of the "gross dockage receipts" betwee,,: $450,000,01 and
$550,000.00.
22% of all annual "gross dockage receipts" over $550,000.01
received by NE'd WORLD from its management of the docks and
moorings on the said premises.
In addition, NEW WORLD shall pay to the CITY, the following:
A. T1 o and a half cents ($0.025) per gallon of fuel sold by NEW
WORLD or its concessionaires from the premises.
B. 10` of all annual "gross non -dockage receipts" received by NEW
WORLD from its own operations at the managed premises, which
he d,.fined as income otl.ser than income from. dockage or
moorings, income from the sale of fuel, or income from con-
c2c,�?�r�ires which are not ovne,., operated or financed by NE'►: WORLD.
�.c"', _�: WORLD not contract with A concessionaire for the sale
of'boats and motors itself, any amount received by NEW WORLD from such sales
shall be included in "gross non -dockage receipts" only to the extent of any
net profit received by NEid WORLD from such sales.
C. Not less than 25Z of all annual "gross concessionaire receipts",
hereinafter defined as income collected by NEW WORLD from con-
cession agreements with concessionaires not owned, operated or
financed by NEW WOR!,D for concessions on the premises run by con-
cessionaires independent of NEW WORLD and shall not in any wav be
construed to mean that income included in the terms "gross dockage
receipts" ..-r "gross non -dockage receipts"
Tipglly :he followi-sg items shall be deducted from "gross dockage receipts",
FOLLUW"
4
AIN
or by a utility which bhall include charges for gas, water, electricity,
telephone, sewage and waste, or a utility authority, which are the re.
sponsibility of NE-; WORLD to collect or pay and are payable in the bane
amounts to a taxing authority or a utility, as herein above defined, or
a utility authority by NL14 WORLD and any amount received from collection
thereof.
The consideration shall be paid as follows: NE4 WORLD shall
deliver on or before the 15th day of each month, beginning with the
second nonth of this Agre,ment, continuing during the effective period
thereof, and each and every month thereafter, at the office o: the
Department of Finance of the CITY, or at such other place as may be
designated thereafter by the CITY, one —twelfth (1/12) of the rrAnimum
guarantee a:cnp with any amount due frck,-. the sale of gasoline and
amount of consideration attributable to the "gross concessionaire
receipts" and "gross non —dockage receipts" derived by \IE,: WC.RLD
from the management of the premises during the month immediately
preceding,. Along with said payment, N'Fv WORLD shall provide a state —
meet, in certificate form signed by a duly authorized officer of
NEW WORLD, setting forth the amounts of the "gross dockage receipts",
"gross nen—dockage receipts", "gross concessionaire receipts".
the quar►ttty of .fuel sales, and any additional detail as the hirector
of Finance of the CITY may prescribe. Within thirty (30) days of
this agreement NINI shall pay to the CITY such additional sums, if
any, as may be necessary to provide the CITY with the balance of the
consideration provided for under this Agreement.
5, PERMITS AIM I.TCENS£S
NE'W %URLD ahaI _ obtain all permits and licenses necessary for
the development and proposed operation and managecr_nt of MIAXA-RINA and
CITY shall join in and use its best efforts to assist 'iereiia.
b, CV`43 DAL SERVICES
NEW WORLD shall furnish all maintenance supplier, for hnusekee-ping,
end shall provide all cust,�dia! and janitorial services required to maintain
the managed premises in a clean, sanitary and presentable condition durin TI` ,E
Doc (i
1✓VI 1 V
5 FU L. L,' ,
. s t, C)
Tenants and users shall be subject to approval by the CITY U.uiager or
his designated representatives, said approval not to be unreasonably
withheld, but shall be increased and to the same extent as any assess—
ment of any new or additional sales, use, property, tourism or other
tax which in any way affects the obligations of NEW WORLD or marine
patrons. The dockage rates shall not exceed those charged at other
marinas of comparable quality situated on public lands within a 50
mile radius of Yiamarina, however, the City Commission shall have the
right to authorize the CITY Manager to assess dockage fees in excess
of those charged at said comparable facilities. Additionally, NE
WORLD shall be permitted to require marina tenants to pay for utility
facilities and services, to meet the cost of the utility bills, provided
such additional charges are approved by the C:;Y Manager, which approval
shall not be unreasonably withheld. City taxpayer discounts shall be
applied at the established rate.
10, PAYMENT OF 17ILITIES
NFL WORLD shall be responsible for the payment of utilities
controlled and utilized by It on the managed prew4 ses, yith the exception
6 ,
B
F
1
r
of Utilities used by the CITY bt patties tonttacting trith the CITY. The C Ti►
will not provide telephone setviee for the managed ptetises&
11, MAINTENANCE
During the term hereof, NEW WORLD shall, to the satisfaction of the
CITY Manager of the CITY of Miami, operate the premises in good condition.
The standard to be used shall be consistent with the operation of'a first class
Marina and this Agreement. NEW WORLD shall provide normal and routine main-
tenance of the facility, designed to keep the managed premises in a good state
of renair, free from hazardous conditions and deterioration. NEW WORLD agrees
to spend $15,000.00 in each twelve month period of this Agreement to provide
routine maintenance to the managed premises.
12. Hl'RRICA E AND E*'ERGE` ("Y
The CITY shall, during any emergency such as hurricane, flood, fire
or any type of disaster, cooperate with NEW WORLD for the security of the
managed premises. The CITY shall use its best efforts during an emergency
to safeguard the said premises.
13. WATER TAXI A.ND TRA.M STATIONS
In the event the CITY decides to provide or grant a franchise to
provide a Tra= or People -mover System for the MIA.LkRINA area, the parties
agree to establish a s.ation and roadway for access for said system on the
premises, so long as the same does not unreasonably interfere with the
operation of NEW WORLD under this Agreement. Any cost in adjusting, utilizing
and insuring the site used to accommodate said system shall be borne by the
CITY or its franchisee, as the case may be.
In the event the CITY decides to provide or grant a franchise for
water -borne transportation to and from the MIAMARINA area to other locations
in the CITY, NEW WORLD agrees to provide free embarking and disembarking
facilities for said water -born! transportation. Any cost adjusting, utilizing
and insuring the site used to accommodate said system shall be borne by the
CITY or its franchisee, as the case may be.
Location of said facilities as described above are to be mutually
agreed upon by the parties. No other free use of the managed premises shall
be permitted unless approved by the CITY Manager in writing, as it relates to
` it,•rt.axi and Tram service,
i t s {� r7. -7 I�
�1'` I • � , i,, f 11
7
1 -:�(97
0
All fixtutes, fufni�hingsi futnitutet and equipments if atlYt ih dt
upon the managed premises will be inventoried before occupancy by NEW WORI.bi
and said Inventory will be attached hereto and made a part hereof within
fourteen (14) days of the execution of this Agreement. NEW WORLD agrees that
the fixtures, furnishings, furniture and equipment are in the condition as
stated in the inventory; that NEW WORLD has personally inspected and assisted
in the taking of said inventory; that NEW WORLD will maintain the fixtures,
furnish::.ti.;, :.."::'.lure, and equipment, if any, during the term of this Agreement
at its sole cost and expense; and that said property shall be dec—med in its sole
custody and care. That in the event any of the aforementioned items are lost,
stolen or damaged, they shall be replaced or repaired at the cost and expense of
NEW WORLD, ordinary wear and tear excepted, during the terns of this Agreement.
Upon the expiration of this Agreement, NEW WORLD shall quietly and peaceably
redeliver said inventory to the CITY.
15, lam'-��"�vru' �� SERVICES
This Management Agreement establishes NEW WORLD as the manager and
operator of the managed premises, and subject to this Agreement, any person
dealin^ w4.,0h WORL') shall have the right to rely fully on its power and
authority to bind the premises with regard to the use and occupancy thereof,
excertinp. however, NEW WORLD shall not have the authority to encumber real
or except as provided in this Agreement. The parties hereto
intend that NEW WORiJ shall be an independent contractor, and the employees
and agents of N174 WORLD shall attain no rights or benefits under the Civil
Service or Pension Ordinances of the CITY, nor any rights generally afforded
classified or unclassified employees of the CITY, nor shall NEW WORLD or its
employees be entitled to Florida Workmen's Compensation benefits as employees
of the CITY.
N eW WORLD sl►all have the sole control of the manner and means of
performing this Agreement subject to Nt:' WORLD complying with the terms of
this Agreement. Nt:►+ Wr)PI,D shall have full power and authority to take all
actions to bring abr .t an efficient operation of the mtrina and to maintain
it as a first class v+rina, except for actio►,s specifically prohibited in this
Agtreem-.- and those prohibited by general law. NEW WORLD shall have the
exclusive authority to hire and discharge all of its emplovees necessary for
the operation of E. marina facility and to fix their compensation aad privileges,
letter of credit conditioned upon the terms of this Agreertt in an amount of
Clot less than Furty Thousand Five Hundred Dollars ($40,500.00) guaranteeing
the performance of this Agreement. This bond or the irrevocable letter of
credit shall remain in effect for the duration of this Agreement..
17. OWNERSHIP OF IMPROVPMEA"rS
All improvements, fixtures and equipment constructed or installed
at the facility or purchased with CITY funds which may include revenue bonds
shall be owned by the CITY. NEW WORLD shall have title to all personal property
purchased with ?;bI1 WORLD'S funds. Upon the expiration or termination of this
Agreement, title to the property, all permanent improvements, fixtures and
equipment purchased with CITY funds shall be peacefully surrendered and delivered
to the CITY. Title to and the right to move personal property shall remain
vested with NEW WORLD, except such property and fixtures as may be attached to
or on the marina facility which shall become the property of the CITY.
18. DAMAGE OR LOSS TO NEW WORLD'S PROPERTY
NEW WORLD assumes all risk of damage or loss to its property for any
cause whatsoever, which shall include. but not be restricted to, any damage or
loss that may occur to its merchandise, goods, or equipment, covered under this
Agreement, if lost, damaged or destroyed by fire, theft, rain, water or leaking
of any pipes or waste water in or about said managed premises, or from hurricane
or any act of God, or any act of negligence of any user of the facilities, or
occupants of the managed premises, or any person whomsoever.
19. DESTRUCTION
In the event the managed premises shall be destroyed or so damaged
or injured by fire, hurricane, decay or any other casualty. during the life of
this Agreement, whereby the managed premises shall be rendered untenable, then
the CITY shall render said premises tenable by repairs within ninety (90) days.
During any period of reconstruction any consideration made by NE74 WORLD to the
CITY shall be reduced proportiohately to the time required to render the repairs.
In the event the said premises are substantially destroyed or so damaged or
Injured by fire, hurricane, decay, or any other casualty that the said premises
cannot be rendered tenable or the CITY elects not to repair or replace within
the ninety (90) day period of time so set forth, or such additional period of
time as agreed to by NEW WORLD, then this Agreement shall be terminated at the �i 1V
c1t.r 41\J 5
FOLLO_teyrr�
9 PI —'40 V
shared by the CITY and NEW tib RLD as their interest may app
20. tNDE`NIFICATION OF THE CITY BY NEW WORLD
NEW WORLD covenants and agrees that it shall indemnify and save
harmless the CITY from and against any and all claims, suits, Actions, damages
or causes of action arising during the term of this Agreement for any personal
injury, loss of life, or damage to property sustained in or on the managed
premises, by reason of or as a result of the NEI% WORLD'S management thereof,
and from and against any orders,•judgments or decrees which may be entered
thereon, and from and against all costs, attorney's fees expenses and liabili—
ties incurred in and about the defense of any such claim and the investigation
thereof, provid-d, however, that before NS, WORLD shall become liable for said
cost, NE74 WORLD shall be given notice, in writing by the City Manager, that the
sa=e are about to be incurred and shall have the option itself to make the
necessary investigation and employ counsel of NEW WORLD'S own selection for
the ne^Ps=a.r_a defense of any claims. The CITY may, at its option, retain its
own counsel at its sole cost and expense, in addition to the provisions as
hereinac,ovc set forth.
21. ADVERTISING
N::W WORLD agrees to undertake an aggressive advertising program to
inform the public of the availability and services of the marina, and CITY
agrees to •s a its best efforts, through its Publicity Department and other
department. -to assist NEW WORLD in promoting the public use and enhancement
of the marinL. Further, NEW WORLD shall undertake, with the City Parks and
Recreation Det::tmeent, to erect appropriate signs designed to assist and
direct the public tc the marina and its services.
NL►% WORLL agrees to work with area merchants and businesses to develop
an integrated rc•,;r►ur, of auxiliary services, such as, hotel accLxnmoda t ions,
car rentals, Hev ,jrant and laundry services for marine users.
22. DTFALTLT
If 1,LW hOi;LD shall neglect or fail to perform or observe any of
the terms, i�::vlsi.ns, conditions and covenants herein contained, for a
perioL!t thirty (3U) days after the receipt by N04 WORLD or Written notice
ccc'�N �t' t li_71 ,,—
10
tote City Manager of such neglect or failure, NLW WORLD shall be considered
td be It, default. At the CITY'S option, and without further notice or demand
to NEW WORLD, may enter into possession for the managed premises and all
Improvements and property thereon. In the event of default, NEW WORLD shall
forfeit its performance bond as provided for in paragraph number 16.
23. Rtn.ES AND REGULATIONS
NEV WORLD agrees to provide rules and regulation .ubject to the
approval of the City Manager for the conduct of vessel owners and others
using the managed property. Such rules shall be furnished to each and every
user, tenant, or concessionaire and shall be prominently displayed in the
Dock Master's office. Approval of such rules and regulations shall be obtained
from the City Manager or his designee, which approval shall not be unreasonably
withheld.
24. TAXES
The parties agree that the management and operation of the Managed
Premises and those operations convenient or necessary therefore are public
purpose %IIJ therefore, no ad valorem taxes should be assessed by the Dade
County Tax Appraiser. If, however, taxes are assessed by said property
appraiser, the parties agree:
A. Assessment upon or against concession properties. In the event
that the property tax appraiser assesses tares upon or against such portion
or por:iots of Vile lands subject to this management Agreement as are in
control ui ;�u«,.;oaaionaires, or upon which concessionaires are situated, in the
performance of any concession agreement hereunder, the parties agree that at
the reques' if and at the expense of any such concessionaires, the parties
may defend against Such assessment on behalf of such concessionaires. The
extent of such de:'ense by the parties shall be as reasonably requested by such
concessionaires,! rovided further, however, that at all times the parties -
have first determined that the said concessionaires requesting such defense
or requesting the joiner of such defense will fully and completely pay the
costs and expenbes cf such defense as may be incurred by the parties or either
of them, including :curt costs and reasonable attorney's fees incurred by the
parties or either of them in such defense and provided further that the said
concess nAires requeating such a contest of assessment fully and completely
indemnify and save the parties jointly and separately harmless from any and
all charges or indebtedness resulting from the conduct of such
... FOLLOW)..
agteethents entered into between NEW WORLD and its concessionaires "shall through
appropriate language incorporate the terns and conditions of this covenant.
$• Assessments against the marina property. In the event taxes
ate assessed against the Premises upon which docks, piers. moorings, and any
other ptjper•ties devoted to marina use and upon which the marina is located,
as well as all improvements thereto, both real or personal, as well as pro-
perties upon which the marina administrative facilities are located, the
parties hereby agree as follows:
r',t;i parties agree to cooperate fully With each other to
contest and defend against said assessment. Said contest and defense shall,
at the option of N F, WORLD or the CITY, be conducted at the administrative
level, i.e., before the tax appraiser, the tax appraisenent adjustment board,
or any successor organization, and before the Courts to such extent and to
such level as NEW WORLD or the CITY shall determine.
2. The costs and expenses including reasonable attorney's fees
which are incurred by the parties, as well as such taxes which have been
assessed or paid during the course of the litigation contesting said taxes,
shall be included as an increase in the dockage rates, as more fully referred
to in paragraph 9 of this Agreement.
3. If final adjudicatory action, i.e., the final order of the
highest tribunal before which the property assessment issue has been submitted
for administrative or judicial results in a determination that
such assessment is lawful and that the taxes are due and such determination
is based upon reasons other than the existence of this Yanagement Agreement,
then, it is agreed that all real property taxes, county, school board, and
municipal, shall be included as an increase in the dockage rates as set forth
in paragraph 9.
4. In the event the final adjudicatory action declares the assess -
went lawful and the taxes to be due and payable solely due to the existence
of this Management Agreement, then it is agreed that the amount of said taxes
shall be included as an increase in the makeup of the dockage rates. as set
forth in paragraph 9 provided, however, that the effect of such inclusion
does no, -&use dockaf.-: rates to exceed the average rates charged for dockage
•nd mourings of all other marinas of similar quality on public lands situated
within mile radius of ltiamarina in Dade County. In the event the effect
of ouch taxes tc. increase the rates beyond such limitation, then, the CITY
" I PP R T I11E
12 Lrt �~' w i t �t h J_ i S
NN WORLD by reimbursing NEW WORLD' S legal expenses and court costs incurred ib
this section, or NEW WORLD, at its option, tray absorb the tax liability over
the average dock rate.
5. The economic effect of such property taxes shall be computed
annual];- and made a part of the dockage rate with such adjustment as tray be
requited to conform to the terms of this Agreement.
25. LAWSUITS — RENT STRIKES
If and in the event a lawsuit is brought by any party against the
NEh' WORLD and/or the CITY, which in substance arises out of the signing of
this Agrec--ent, then the parties agree to mutually defend said lawsuit. If
said lawsuit results in a temporary delay of NEW WORLD'S management, this
Agreement s!iall be extended by the a_-nount of time caused by the delay.
If and in the event that there is a tenant strike or a sinilar
strike or refusal to pay rent or lawsuit of any type or nature in which
rental payments are placed in any escrow account or in any court fund, NEW
WORLD shall be relieved of its obligation to pay the percentage requirement
and minimum annual guaranty in Section 4 hereof until such sums are released
to and/or obtained by NEV WORLD. This provision shall not permit a reduction
in the amount of con-;ideration required to be paid, but only a temporary delay
of the required payment.
26. FAFYING
The CITY agrees to provide as a minimum 44 spaces of exclusive
parking for NEW WC,!,: D' S utilization, as set out in Exhibit C attached hereto
and made a part hereof. NEW WORLD shall not charge a parking fee.
27, CONSTRUCTION
NEW WORLD shall make no addition, alteration, or adjustment to
the managed premises, or shall not apply for construction permits of any
kind without first having obtained the written consent of the City Manager
of the CITY, which shall not be unreasonably withheld. All requests shall
be in writing and shall include plans and specifications pertaining thereto.
All permits must be received from the appropriate governmental agencies prior
to undertaking any repairs, alterations, a&" tions or improvements. All
permai:u:.t, elterati.,,.s, improvements or repairs made or installed by NEW WORLD
shall become the property of the CITY upon the expiration of this Management
Agreement.
"SUPPORTIVE
13 DOCUMENTS
addresses!
All notices and payments shall be sent to the partlag at the f611ba1't19
The CITY M&NAGER
f
Miami. Florida 33133
NEW WORLD
New World Marinas, Inc.
All notices under this Agreement must be in writing and shall be
deemec to bervLd when delivered to the address of the addressee and a
receipt tueieiur obtained.
29. CONFLICT OF INTEREST
stockholders, directors, employees of NEW WORLD, or members of
their families, shrill have any interest in any business which supplies NEW WORLD
with goods or serlices in connection with dockage without advice to and consent
of the City ManaE•sr. but said individuals may have an interest in marine
exhibits located at the managed premises. It is understood and agreed that
NEW WOP1.D'S attorney, THOMAS R. POST, Esquire, is also a stockholder of NEW
WORLD and t!.,t he, his firm, may. in addition to receiving any profits or
dividends d.,r'44-ed. oe compensated at his regular rate as an operating expense,
deducted from dockage revenues, in connection with any of N EG WORLD'S needs
or riEh—, and obligations arising out of or in connection with the provisions
of •A.ts Agreement. NE'►+ WORLD agrees not to transfer. assign, or sell any
Corper•.: Eck to any principal or stockholder of any other corporation re-
3 � i
14 �, r
t�UL'q-ti
NEW WORLD shall maintain in full force and effect during the teft
of this Agreement the following insurance:
A. Public Liability Insurance in the amounts of not less than
$1,000,000.00 per occurrence for death or bodily injury or
not less than $100,000.00 per occurrence for property damage.
Automobile Liability Insurance covering all owned, non -owned,
and hired licensed vehicles in the amounts of not less than
$100,000.00 per accident and $300,000.00 per occurrence for
bodily injury and $10,000.00 property damage.
The CITY shall be named as an additional insured under the
policies of insurance required under this Agreement.
The CITY shall be given at least thirty (30) days advance
written notice of cancellation of said policies or any material
modifications thereof.
Certificates of insurance shall be filed with the Finance
Department, Risk Management Division of the CITY or Miami.
The insurance coverage required shall include those classi-
fications as listed in standard liability insurance manuals,
which most nearly reflect the operations of NEB.' WORLD.
All insurance policies shall be issued by companies authorized
to do business under the laws of the State of Florida and must
be rated at least "A" as to management and Class "10" as to
financial strength, all in accordance with A.M. BEST'S KEY
RATING GUIDE, latest edition.
The CITY and NEW WORLD reserve the right to amend the
insurance requirements as circumstances dictate in order to
protect the interest of the CITY in this Agreement.
NEW WORLD shall,furnish certificates of insurance to the CITY
prior to the commencement of operations, which certificates
shall clearly indicate NEW WORLD has obtained insurance in
the type, amount, and classifications as required for strict
compliance with this covenant.
15
FOQLLOW�y
B -.1:TL
NEW WORLD shall manage and operate the CITY'S Watsdh Island Matfitia
docking facilities set forth in Exhibit "B", as part of this Management
Agreement, on an interim basis pending the development of Watson Island. No
further capital investment should be made at this facility in accomplishing
said management of premises. If the facility is found to be uninsurable by
NEW WORLD, then NEW WORLD may request that the CITY Commission close this
facility.
Dockage revenues from this facility are to be considered as "Gross dockage
revenues" included in and made a part of paragraph 4 of this Agreement entitled
"Consideration Schedule".
32. TI! E OF ESSENCE
Time for the occurrence of performance of each and every event herein
shall be of the essence unless otherwise indicated.
33. ATTORNEYS' FEES AND COSTS
In the event that it is deemed necessary for either party to file
a lawsuit in th.! appropriate court of law in order to enforce any of the terms
or provisions cf this Agreement, then the prevailing party shall be entitled
to reasonable attorneys' fees and costs, including those incurred in appeals.
34. i:IZE.' 73 AUDIT RECORDS
NE.: WORLD shall maintain books and records in sufficient detail
to u,u-:t ai.:.:t;,:aL:e accounting practices. Said books and records shall be
accebsibte to the CITY at reasonable times, on three (3) days notice to NEW
WORLD. NEW WRLD grants to the CITY the right and authority to audit all
records, dccuments, and books pertaining to the management operation at the
Miamarina.
35. REVISIIA:, DUE TO BOND ORDINANCF.
Th,.- ,-arties agree that this Agreement shall be revised to the extent
necessary, in :he opinion of underwriters for the CITY, of its revenue bonds, to
reflect provisions In the Bond Ordinance as may be necessary or desirable to
make the revenue : nds marketable. In no event shall the provisions respecting
the alLOunt of t' a,snagement fee payable to NEW WORLD be changed.
36. 1TY r1XISF.
"'hiF "aR-e.,Nment Agreement may not be assigned by NEV WORLD without
priLD' er"rov-,: of the City Manager, Any assignment, transfer or conveyance
of rf.t.,_k ' parties who are not stockholders as of the da-to of this Agreement
11Q I i i,- 7
r. r^, i- S s e-
16
Ah AAAignment subject to the restriction contained herein shall not include
bn assignment to the personal representative of a deceased stockholder or to
said stockholder's estate or heir. Provided, however, that a subsequent
transfer, assignment or conveyance from the stockholder's estate or heir to
a third party who is not a stockholder as of the date of this Agreement shall
require such approval. Also excluded from the operation of the restrictions
of this clause shall be assignments, transfers or conveyances between and
amongst persons who are stockholders as of the date of this Agreement or members
of t�efr '=,.f family.
37, REPRESENTA':ION BY CITY
CITY warrants and represents that it has full power and authority to
enter into this Management Agreement under the Constitution and Laws of the
State of Florida and Ordinances and Resolutions of Dade County and City of
Miami, and that all conditions and things required by the Constitution and
Laws of the State of Florida, Dade County and the City of Miami to happen,
exist and be performed precedent to the signing of this Management Agreement
have happened, exist and have been performed as so required.
38. CAPTIONS
i'ne captions contained in this Agreement are inserted only as a
matter of coivenience and for reference and in no way define, limit or prescribe
the scope cf this Agreement of the intent of any provision thereof.
39. FNTTRF ATIFF%r'�'T
The provisions of this Agreement constitute the entire contract
between the parties and no prior agreements or representations shall be binding
upon any of ttie parties unless incorporated in this Agreement. No modification,
release, di,c:.arge, or waiver of any of the provisions hereof shall be of force
and effect uG1:F3 in writing and signed by both parties.
IN WITNES.' WHEREOF, the parties herein have executed this Agreement the
day and year first above written.
ATTEST:
CIT1 CIZK
APPROLIA. -%., TO FORM AA'D CORREC". 'ESS:-1I
1, fI
u .
17
CITY OF MIAMI, FLORIDA.
a municipal corporation
By
CITY M+.AKAGER
NEW WORLD MARINAS, INC.,
a F1 corporat
By
Yht�sl��:r.i ICE
(SEA:.)
%V- L0r�1�� 1
. E- 11 96
AT MINIMUM
CtiMMetice at the intersection of the southerly right-of-vay
line of "N. C. 6 STREET" with the wenterly right-of-way lino of
"DISCAYN8 BOULEVARD". Said intersection being also the northeast
corner of Block 61 N of A. L. KNOWI,TON'S MAP OF MIAMI", as recorded
in Plat Book "B" at Page 41 of the Purl is Records of Dace County,
Florida; thence along the easterly extension of the southerly right-
of-way line of said N.E. 6 Street N 88o 06' 18" is 962.6 feet to its
intersection with the northerly extension of Lhe westerly face of
the basewall of a mezzanine walkway. Said intersection being 373.5
feet westerly from the intersection of Lhe last described course
with the "DADE COUIMY BULRILEAD LINE" as recorded in Plat Dook 74
at Page 18 of the Public Records of Dade County, Florida; thence
along said northerly extension S 10 143' 02" E 100.0 feet.to the
point of intersection with the southerly right-of-way lino of
"PORT BOULEVARD", as recorded in-O.R. 6811 Page 240 - F.aSClnent from
City of Mta.ni to Dade County, said point of intersection tieing also
the point of beginning of the hereinafter described leased area.
Thence along said northerly extension and along the face of snid
basewall which is parallel with and 16.7 feet westerly of tl',e fnce
of the exiting westerly bulkhead of Miamarina 'Basin S to 43' 02" is
631.0 feet to the beginning of a curvy concave to tho northeast
having n radius of 156.63 feet; thence al.ong said cui-vo southerly
and southeasterly 180.4 feet through a central Angle of 65n 59' 40,,
to the end of said curve; thence continue along the face of said
tasewall S 670 42' 42" E 338.7 feet; thence S 117" 43' 32" r.. 34.7
Cact to its intersection with a line parallel t,iLh and 11.0 Ccet
Southeasterly of t1le
face of the existing roLirhe.isterly voncl-ete+
Uit
xhibiL A-1 OL.It- UrV
r4y
in 1 F {.
I
bulkhdad of M amarina basin; thdhdt along said parallel
N 24d 59' 38" C 116.4 feet to an angle point in the bottom or tho
pteps of the Miamarina Restaurant; thence continue along tho bottom
of said oteps which are quasi -parallel with and 15 feet Northeant--
erly from the face of the southeasterly concrete bulkhead of
14lamarina D.asin 11 2° 511' 48" E 73.3 feet, thence continue along
said bottom of ste s p , quasi -parallel with and 15 feet southeasterly
along said bottom of steps, and along its easterly extension qunsi-
parallel with and 15 feet southerly S 870 05' 02" E 61.0 feet to
its intersection with the face of the basewall of the dumpster and
maintenance building of said "MIAMA111?1A RESTAURANT". Thence along
the face of said basewall which is quasi -parallel with and 111 feet
from the face of the existing southeasterly concrete bulkhead of
Miamarina Dasin N 25" 23' 48" E 69.3 feet to the most northerly
cornea of said building; thence along the northeasterly face of
said building S 64° 36' 12" E 36.0 feet to its intersection with a
line 50.0 feet parallel with and southeasterly of the face of the
existing southeasterly bulkhead of Miamarina Basin; thence along
said parallel line 11 250 23, 48" E 439.2 feet to its intersection
with the southeasterly face of the most northeasterly planting; bed
of Said Miamarina; thence along said southeasterly face
S 870 06' 12" E 33.4 feet to its intersection witli the northeast-
erly face of the most northeastf_:ly wall of said Miamarina. Said
wall being also 5 feet southwesterly of and p ni•allel with the most
northeasterly face of concrete bulkhead of Miamarina, thence along
said face of wall S 420 06' 12" E 91.0 feet to. an angle point of
said wall; thence continue along said Wall 5 feet northwenterly of
and parallel with the most southeasterly face of concrete bulkhead
of Miamarina facing Discayne Day, 8 25° 23' 110" W 713.0 feet to its
Intersection with the most ooutherly face of concrete bulkhead of
111amarina facia Biscayne Da 1 rPL;R_t r}Xg also 65 feet
C Y Y; said/Q�i.� ,��s E�
northwesterly of and parallel with the said "Dade County Dull head
Line"; thence along said southerly bulkhead S 87' 06' 12" E 32.5.feet
2 — FOLLcJ`N"
`iibit A-2 ;y
intersection with a line 35 feet northeasterly of nod parallel
With said most northeasterly bulkhead; thence along paid parallel
line N 112' 061 12" W 170.2 feet to its intersection with a line
100 feet northeasterly of and parallel with the center line of
the moot northeasterly pier, (Pier A or 1); thence along naid
parallel line td 6110 3111 22" W 500.6 feet more or less to ito
intersection with the easterly extension of the right-of-way line
of said, "POnT BOULEVARD"; thence along said extension and along
said right-of-way line which is quasi -parallel with and 3.0 feet
Southerly of the race of the existing northerly bulkhead of
Miamarina basin S 800 06, 10" W 390.7 feet to the point of
beiinning.
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