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HomeMy WebLinkAboutItem #06 - Discussion Item_;7v OF MIA`-lI. .�:1210,1, I!!'! i;•C_;i'' 1Ci= -A ri AOU 1 Joseph R. Grassie City Manager FRo;t Richard L. Fosmoen. v Assistant City Manager J/1N 2 2 1980 Biscayne Recreation; Management Agreement •arit:LO:iUPE On 'Friday, 4' January 18, 1980 - the final . copy of the`; Biscayne Recreation Management Agreement was forwarded to the City Commission for consideration.. The Agreement. is basically the same as" presented, in Novemberwith several minor modifi- cations.as pointed out to:the commission -;in November. The` attached resolution adopts the Agreement as presented and, provides 'for"an"effective date to be'coincident with the implementation of-necessary"changes:to the. City Ordinance: covering: rates,etc. at City"marinas." Also attached are copies" of responses to questionsraised by. Commissioner Plummer and by Mr Senatore and a";report from: the :Human = Resources Department's'. on the layof f impact of the Management Agreement It isrecommended that the Commission adopt the attached Resolution entering into a Management Agreement with Biscayne Recreation for Dinner Key. Marina. NOTE;:;. January 9 19.80 Mr. Ernie Senatore President Miami Marinas Association``. 3400 `:Pan °American Drive 'Miami, Florida 33133 Dear Mr Senatore: The following is in response to your letter of Decernber requesting certain information concerning the management` at Dinner Key. 3,. 197.9 agreement . Transient Boats While transient boats are not specifically identified in the contract, the Manager, recommends rates to the City, Manager. who will approve such rate recommendations The revenues. received ,fromtransient boats will become part of the total revenues from Dinner Key and will be considered as part of the overall operation of the marina • The Five Percent Allocation of Marina Slips for. Brokerage Boats Again, while no specific rates are identified in the contract, the Manager recommends rates to the City Manager who approves such rates. The contract does provide for a return to the City for concession operations whether they are managed directly by the Company or under a contract with the Company. Themanagement agreement provides that no brokerage` slips will:; be issued until all of the existing dockage has been rebuilt. . _ `The Live Aboard Issue The Company is required to prepare and recommend rules for the operation of Dinner Key and the live aboard issue will be addressed in the rule making procedure.< Mr'. ErnieSenatore Page. 2 January 9, ;1980 xisting Tenant Leases;` Current leases will remain in effect ▪ Stockholders of the Conipany Attached is a listprovided. by Biscayne Recreation of't stockholders in the Company. ▪ Procedures`_ for Concessionaires' The contract provides that the Company has an option,of providing concessions or entering into agreements with concessionaires In the event that the Company chooses not to provide one of the concessions listed, the City at its option, can proceed to seek`. proposals for concessions" and directly operate such concessions. The one exception is sailboatrentals which will be put outfor public bid. Conflict f 'Interest There is a conflict of interest section is covered under Paragraph 27. • Compensation. for. Boat 'Shows; the contrac The City already has entered into contractual arrangements? for two boat shows 'during the year..i :These contractual arrangements -will be honored. 9. Communication Path; Any member of the public has access'directly ;to -.the City Commission, the Waterfront Board or 'the:'City Manager at any` 10. The Method' for Setting Rates The management firm will recommend' rates to the CiLy-°.[•lanacer:. At such time as a bond indenture is adopted by the City Commission for reconstruction of Dinner Key, inall likelihood that indenture will require ultimate approval by the City Commission Chapter. 50 of the City Code will . require. amencl- ment'in order to adjust rates in accordance with the;: provisions of the management contract. Mr. Ernie.Senat.ore Page 3. January. 9, 198O Provisionfor Current City Employees • Many ofthe employees at Dinner Key have Civil Service rights within the_ system.and'will be provided jobs elsewhere in;the City. .The .Company has indicated a willingness to interview all`employees.,at Dinner Key for possible employment.. Several employees at. Dinner Key do not have tenure in other jobs Iri :this".case, the.City:will make every effort to.find them employ-• ment elsewhere.within the City system. 12. iThe,:Bond Issue =; If bonds are not issued for the ,..reconstruction ,of -Dinner :KEY, the management agreement would continue with the Manager being paid' on a per foot, ° per day basis. The bond ordinance has not been drafted. The management agreement provides for adjustment to meet any provisions that may be incorporated in the bond ordinance 13 Revenue;Return` Since :'the City ultimately "approves the rates, it'wiell control the°return tothe, Company above the -management :fee .• 4. Performance Guidelines The entire contract is a performance standard and :the. City can terminate the c. contrat ifany 'prov isions isions are violated. 15. Auditing The City .has an internal audit. staff" which .norma•lly audits the -.records of companies, providing management services . or° having .leases ' wi th the City . I II NIP II II immisi. '.-- If there is'any additional information -you desire, please do notilesitate to contact. Inc. I have .also; attached my responses "to the questions` raised at the;Novernber Ci y Commission Meeting as well, 'as my response to questions' raised . by Commissioner Plummer. Sincere Richard L. Fosmoen Assistant City Manager • ••• 1• Mr. Joseph ft. Grassie City Manager Vice Mayor J. I 1t November 23, 1979: Dinner. Key, Marina -Management Agreement r. • ' • Page 1 c As per agreement, I submit the following for consideration before final action is taken on this contract. All references Tnade below are from the rough :draft .dated ,11-29-79 1.- The agreement of the Commission.was ",for . a 4year contract with an additional 4 years optionalAs strongly-recommended`in.your :memo, I- question the change without the change of the Commission policy, WHY? . . No reference. is made' for allocation of:,space with' city ;resident (the owners of ;'the property having.,, priority) No 'reference is, . -. - made 'in `any titiav to talc nerceiitage;if any, relating `- to. live- aboards..-1. No reference is made.; to the status off present -City employees. No guarantee is given by the leasee to produce 550' slips and 200 moorings._, I. find no minimum guarantee by the lcasec to, the . City to:cov•er• : the bond: p tv a nt's. f'or'ex:unple, through :ni.smanu!;cment;: the m:trina1. i.s:I at., ` fu11 and revenues me not adequate to cover the cost l'ilcrc, should. 'be - a ini.nimlim: return equivalent to cover the cost the bend,.-.' In '.reference section G, 117, pa e i , it is my reel int; 'to :what'`''extent .;.bo•at repairs . can be made at the marina. Same section,'item 9,:should : read "subject to City Commission approval .". l'• age 1111., 1tcm ti, turns professional and technical:services. No -mention' is T made at who 's expense: :Page 1t12, item 9, should contain the word ing:"the company should act ati manager •(at no . iee)" • Page .013 "item` 14 shou ld'read ::"the: company w i 1.1 abide, by" and `:enEorcc al1.rules and re;;ulnt.ions, L.C. E'ede`r;i1 rcgulatiuris: rel;iLing,to-,pollution,:,• Page 2 Page tt 14, tem 17, change .the wording from 'contemplating," which means' nothing, to "must." Page .#26,"item.26, the'amount`of funds, 5,million"dollarS,.is in conflict,. -with the improvements of dollars. Page #26, item 27,is very` weak and needs to parallel the: conflict of 'statute referred to in the charter. interests for the word "City �1ar.aRe`r."• F.inall✓ h. find ..it ;totally. ridiculous that`` no Plan;. is..'submitted or attached to-this.agreement ;:in ,rclation to`'S million dollars works of improvement • binding the: �.;r ' lc .sec Joseph R. Grassie City Manager Qot;, Richard L..'Fosmoen Assistant City Manager Commissioner Plummer's. Questions Concerning the Dinner Key Marina Management Agreement Following is a response to questions raised by Commissioner in his memorandum ;'dated November 28, 1979. Year `Contract ;'With a Four Year Option Plummer 'This issue was discussed at some length during ',the- negotiations with Biscayne Recreation. Biscayne"s position. was. that they will be. managing the facility during'„ reconstruction,..the most difficult time to manage the facility, ,Reconstruction based on ,a phased program will take three to -four -yearsto accomplish, plus an additional year for permitting and bonding."'Therefore, Biscayne will be managing the facility during a five year. period of reconstruction and will have an additional five years to enjoy management of a completely reconstructed facility. The contract also provides that Biscayne must receive generally positive reviews during this period in order for the five year option at the end of ten years to take place. Space;: for City Residents. It was felt that this issue would the rules making procedure, which the City Manager. Live Aboard be " best .handled through: must be approved by Again, it was felt' that the rules making procedure would best handle this question. City': Employees A number of employees at Dinner Key have "bump rights" within the system. ," Biscayne, has indicated a willingness and desire to retain 'certain employees. Those employees who do not have. "bump rights" within. the system will be assisted by the City in securing employment' either within or outside of the City system. Mr. Joseph R: Gra Jie .; tions. 11. Pace 14,':Item 17 The Companyhas shall install. December 20, 1979 • Number of Slips and Number of . Moorings The City will controlthe development :process- The numbers are based on proposals. which were made" .when Dinner Key was initially put out for leaseand; the Company has .provided preliminary plans which would incorporate 550 slips and 200 moorings. • Minimum''.Guarantee` Since the: City ultimately is responsible for setting' the rates . and also approves " the annual budget 'of the :management; company, it will;be the City!:s-responsibility`.to insure ari adequate return to cover the band:.costs:" If.. -the "marina is._:: not full becauseof`poor management,_ this would"be'a basis for terminating the management agreement..: Section G,Number 7, Page 7 The. Company has"stated that it is their intention to.:allow,; minimum boat"maintenance and repair. The extent to -which boat maintenance' and repair is permitted"at 'the,docks..wll, be covered in the rules making procedure. If..the:.Commission would prefer to make decisions such as "that coveredby Item;° 9 , the contract :could be changed at the Commissi,on?s, direction':: However,: -the, Manager is normally responsible 'for the:da`v=to-dav administration of.contracts.such as this. ▪ Page 11, Item: G Prof`ssional and technical services which.are: required:for._ ';the.. operation of" the marina will be included in the annual operating budget`which is approved by.,the City'; Commission. ▪ Page 12, Item 9 Since. -no: fee ismentioned for the: Company;`actinq as the manager during reconstruction, it is implicit; -that;. no compensation beyond that :p rovicied for in the Con trac t- - w it l be : provided . • Page 1', Item 14 Section 10. of .the contract which is on page ,18`,requires the Company to comply With all laws of all governmental jurisdic. agreed to change the word contemplates to • n •O IAI f hiIUl1 The $5 million mentioned. was viewed as an upset price in the issuance of bonds, the.$4.5 million 2iure was an estimate that the Company provided in their bidding forethe services at : Dinner Key. 13. Page 26, Item 27 It may be possiblto. str"engthenthe conf:ict of'interest.e l provisions,however, the,.Company-is alsorequired to abide . by all laws' of. :the.City, County and the State and if a conflict of interest arises, it is ;a. criminal"offense Again, the normal procedure is for the City Manager to" administer -'contracts such as this on - a day-to-day bas'is . -: Absence of a Development Plan The. Company submitted preliminary plans when, they were awarded the original bid. TheCompanyis required tosperd $100,000 for development of plans and obtaining permits and the,,, of course, are hesitant to make that investment prior to the award of a management contract. In addition, detailed - plans and specifications can be included as part of the bond cost once the preliminary plans and permits have been obtained. I'have also attached copies of my response to Ernie Senatore's letter of December 13 and responses to questions raised at the Public:!!earing on the management agreement before the City Commission, in November. James Sprague `. All other stockholders percentages not shown. range "from, 3% to..10/.in holdings:, TO Richard>L. Fosmoen January 16, 1980 t Assistant City1Manager Personnel -Effects Marina Operations "if Robert D. Krause, Director ��h%" Department of"Human`Resources on Contracting I am attaching a:memo andreport prepared by. Josephine Argudin of. our staff`: The report includes one list , indicating the per- sonnel•effects of contracting out the Dinner. Key Marina; a second, list indicating the effectsofcontracting out Miamarina; and a summary page showing the combined efffects of contracting out ; bothmarinas. These reports should be considered as tentative When a final decision is made it will be necessary for us to review the :lists to see if personnel changes have occurred between today's date andthe date' the layoffs would become effective. It may be helpful for you to know that the term "direct" layoff is, used to mean layoffof employees who would have no; other roll- back or:transfer 'rights; "indirect" layoff is used to cover those cases in which a marina employee would have rollback or transfer rights to another position, resulting in the layoff of an employee who was not originally employed in the marina. Please note that contracting' out both marinas would result in the layoff of seven employees who were originally placed in the special fundwhen the Commission adopted the budget on October,'17. These are employees that we have succeeded in placing in other City posi- ions, in accord with Commission policy. Please call me if you have any other questions. January 16, 1980:: Human Resources Tentative Personnel Effects of Proposed Transfer of -Marinas -to Private Operation Josephine Argudi `Personnel Offic Classification and Pay Section Department of Human Resources e_ftl.N%E5: Given,a proposed transfer of City Marinas to private operation, the attached personnel effects could take place These results are tentative since the exact date of;the transferand-.the ,num- .ber. of vacancies that may beavailable are not known. It should be noted. that a number of, employees affected bythe�chain of,roll-backs resulting :in.lay-offs are.. special fund employees, recently placed in or -in the' process,of .transfering to' available vacancies:: DINNER KEY MARINA PERSONNEL EFFECTS MARINAS MANAGER'. Hector G. Gal Retired. TYPIST CLERK II Lucille Weber Retired. ASSISTANT DOCKMASTER Clifford Buckles_- Scheduled for lay-off. Fred Lee Durant Scheduled for lay-off. William S. Adkins - To roll -back to Laborer I position to lay-off Livingston Sauvagere (special fund employee). James Moss - To roll -back to Custodian I position to lay-off Aristides Vazquez (special fund employee) ACCOUNT ° CLERK Silvia Burak - To transfer -to an Account Clerk position'to' lay-off Angela. Garcia. TYPIST CLERK''I'2 available. Ira L. McGhee - Couldbe transferred to T.C. II position DOCKMASTER R. Marchetti - To roll -back to Stock Clerk 11 position to lay-off Hilda Coronel. LABORER I;` Hector Acabeo - To transfer to Laborer.I position, -to lay-o Geronino Gonzalez " (special fund employee) . CUSTODIAN ,I Joseph Town - To transfer to Custodian I position, tb lay-off Eulogio Rey (special'fund employee): Wilhemina Dupree- To transfer to Custodian I"position, t 'Jose Almeida (special ;fund employee). WATCHMAN Robert Hess -`Scheduled for lay-off Thomas Birch - To transfer to Watchman position, Cantalow (special fund employee)-.. :Willie "C. Anglin - Scheduled .for, lav-off." o lay-off lay-off Walter G. 1• .1,•• •, ..•• DINNER KEY MARINA PERSONNEL EFFECTS (CONTINUATION) Total Retirements: irotal Lay -Offs: 12 direct - 8 indirect) Total Roll-I:lacIts: 3 • Total Transfers: Total number of special fund employees affected: 6 • Original nuinber of Civil Service positions in, Dinner Key Marirla: 14 (13 filled and 1 vacant - 2 retirements were not counted). ••-,r• , Ilincil::ll;(.ii .1'1,1111'lt...e i\. ! t'I r(', i'i:I:;c)t`, ttii l .,it_111bcrti`_i,iLhc Ci,L';' ta) tini.:;:i it)n (+; i y c, . l.r't1t11' 1.979 Oi:. the .cOtlitii('ttt;..iLn :l hove SU}),};ci Lell. t:iln I 1ut111 L(''1 I)ala l 1 C:4' 1O1.1ow rt 1)1'U(ietlt_ COuvsc in the ;1lJr1l'(I. of.. ye c.(!llt 1"i1C-t!;" `he(_;111' ( thl` coti C- Citlences hnvc :i Po Len i.i1: o .1)C'L111!, C1.1..L"e. rot: Y' .ani})1C'_, themere Filing al;;,at1. .111L.1.t1 it:;L c1.n:l.lil may resti:1LL ;1 'nun 1.C.1.ht'11 i 1 v':; c11)i.L•1.L) to, ' enc'rc1Le revenue lll'ou ii bond :i ti:-;i1C;; : 1'Iic i)ci,', t.h i l L Ly t:hii t: rl 1) I t1:i.n L t.l= f could a .s tibs 1. uicineLai v ILtd t: w uid be notccl in elle Opinion ol,.bond Counsel., and Llius: would Leresee,aL';ly ]..i.lniiL t:he marl:ctalYility 'o the bonds Jonathan 1Ro e , i?r() Cos :;or O.1. 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(_: 1)01';i11.:;N i.1) I :' , l,i; l t would 1'('lll i iid '} otl t'h.l t. L he. hiir(}t`ti c(il i it 1 h i !.L" t:O L1ie Ci i t'.;' c)1 1•1i.:iltli I_O 1't•tilii CV n :4}1OE).i li ., lliat: L Ill' II1;1I'Ll'L �J.)U 1 eolnl)ci:l_ L:LVe })o;11; L th i.11 l he :;;llil(: t LI;;V tilt;til 1'1111;11:L: L c(I;It.111' i Il 1'1:C)1(':;:;01 f'C)Nt.'' :ilit ,( :;1.1.(.)ll t ilal L'()I:Ipt ( i.' 1.011- V-Lt1(_':; 111 inn 1)111)1 Lt.: 1)et)(.'i LL'iS- I-l:' (C l'1 I I,fl1.,r l.)ll„lit•. Ilt)L 'Lt) 1)e tl1. i;)t t1:,'( (!- ::'i Lh • Lur t'ilC ;:ik(? Oi'. ul1Ven.Lci1c .' 0r i.it C)I rIL'1: t O ;: t't'On1111O1t11 t'.. i11' I:.1 L( c'1)l1011il.t' i:ilt.et• ,i'i, ;Hid l I .(.Olni)CLi'i L()I1 ':1:; L(i ire overl'ICIe;Y h: :1Oillt' t'tli('.t ,7U!) 1C' vtlLnc, .,L;iLe ;i11(1 1OC 1.1:,: Ol.I:•.Lei.;11.:; Ol.l}',11L.LO iiu;e. itl'1linL 1)1'OIlt)L.:LO11 OI Lht):1L' l)L1tel: ;. V;11:I1L':;O I11'(II1(::e..1)l:: (211(:l.t':i--Lb:mt: Uilt.l:'eL};11 L.11c: _:1111,'..L-t'c);11I11 '1'11(21.r dut Lc:; ::l:i 1:(!ciu L1:,e ouch ;ill i 11Ci1.111:}' t1I1Cl ,a.1t -;e.:):,Iit(.'ilt... 1 /'N CITY OF MIAMI COMMISSION. FROM: MIAMI MARINAS 'ASSOCIATION DINNER KEY MANAGEMENT AGREEMENT` /l THE _ . FOLLOWING DOCUMENT' CONTAINS A LIST OF THE REQUESTED': MODIFICATIONS TO THE BISCAYNE RECREATION DEVELOPMENT COMPANY AND` THE CITY OF.MIAMI MANAGEMENT AGREEMENT FOR DINNER KEY MARINA. THE MAJOR IMPACT THESE RECOMMENDED CHANGES HAVE ON THE BASIC AGREEMENT IS TO PROVIDE THE CONCERNED PUBLIC WITH AN AVENUE OF COMMUNICATIONS TO THE ELECTED OFFICIALS, THE CITY OF MIAMI COMMISSION, IN THE SPECIFIC AREAS OF RULE AND REGULATION APPROVAL,: CONCERNING THE MARINA. ALL MINOR MATTERS OF ADMINISTRATION<OF THE DAY TO DAY OPERATION OF THE MARINA ARE LEFT TO THE PURVIEW OF THE CITY MANAGER. AN?ADDITIONAL ITEM FOR CHANGE IS PROPOSED, THAT IS THAT THE COMPANY SHALL OPEN TO BIDS THE VARIOUS SERVICES TO BE PROVIDED FOR IN THE MANAGEMENT AGREEMENT, WITH THE COMPANY STILL ACTING AS THE AGENT FOR THE CITY. PAGE .PAGE 6, PARAGRAPH G. WHICH READ TO READ DELETED SUMMARY OF CHANGES "THE COMPANY SHALL BE ENTITLED TO OPERATE ANY ,CONCESSIONS OR TO ENTER INTO PERCENTAGE AGREE MENTS"WITH CONCESSIONAIRES TO PROVIDE THE SERVICE SET FORTH HEREAFTER." "THE'COMPANYSHALL BE ENTITLED TO BID, ALONG WITH OTHER 'BIDDERS, ON THE OPERATION OF ANY CONCESSION TO PROVIDE` THE SERVICES SET FORTH HEREAFTER." "THE COMPANY WILL PAY THE CITY... OPERATED BY THE COMPANYAT DINNER KEY MARINA." ADDED "THE SUCCESSFUL BIDDER WILL PAY THE CITY AT LEAST PAGE 7,PARAGRAPH G. AS A BASE -TEN ,(10)'PERCENT OF GROSS REVENUES EARNEt FROM`. THE CONCESSION: SUBPARAGRAPH 1 • WHICH READS "IN THE EVENT THE COMPANY CHOOSES NOT TO PROVIDE ANY OF THE ABOVE SERVICES, THE CITY`MAY NEGOTIATE'A DIRECT CONCESSION FOR THESE SERVICES." DELETED THE ENTIRE SUBPARAGRAPH. PAGE 9,`PARAGRAPH-C WHICH READS "CERTAIN RIGHTS, DUTIES AND RESPONSIBILITIES OF THE COMPANY. AS PRESCRIBED OR AUTHORIZED BY THE CITY. "AS'PRESCRIBED OR AUTHORIZED BY THE CITY COMMISSION." TO READ /T\ PAGE 2 SUMMARY OF CHANGES CON'T PAGE 13, PARAGRAPH (14) WHICH READS "ANY RULE; OR REGULATION ESTABLISHED BY THE COMPANY SHALL REQUIRE APPROVAL OF THE CITY MANAGER WHICH SHALL NOT BE UNREASONABLY WITHHELD." TO READ "ANY RULE OR REGULATION ESTABLISHED BY THE COMPANY PAGE'17, PARAGRAPH 9. WHICH READS TO READ SHALL .. " REQUIRE APPROVAL BY THE CITY COMMISSION. AND -SERVICES TO THE CITY MANAGER." AND SERVICES TO THE CITY MANAGER FOR SUBSEQUENT `. APPROVAL BY THE CITY COMMISSION." PAGE 18,; PARAGRAPH 1. WHICHREADS"..'. VESSEL OWNERS TO PAY FOR UTILITY SERVICE WHICH IS SEPARATELY METERED" TO READ "TO EACH, BOAT SLIP." PAGE 18, PARAGRAPH 2. WHICH READS "... SHALL RECOMMEND TO CITY MANAGER" TO READ "FOR SEBSEQUENT APPROVAL BY THE CITY COMMISSION." A SUMMARY OF. CHANGES .CON 'T PAGE' PAGE 19, PARAGRAPH ONE. WHICH READS ANY " PROVISION IN THIS MANAGEMENT AGREEMENT WHICH JEOPARDIZES SUCH TAX EXEMPTION SHALL BE DEEMED. NULL AND VOID. NEW WORDING "ANY PROVISION (S)`IN THIS MANAGEMENT AGREEMENT, OR THIS MANAGEMENT AGREEMENT ITSELF, 1!' IT SHOULD JEOPARDIZE SUCH. TAX EXEMPTION, SHALL BE DEE)D NULL AND VOID." PAGE:124 PARAGRAPH FOUR WHICH READS "IN THE EVENT NEW WORDING "IN THE EVENT THE FINAL.,ADJUDICATORY ACTION DECLARES. THE ASSESSMENT LAWFUL AND THE TAXES TO BE DUE AND PAYABLE, SOLEY TO THE EXISTENCE OF THIS MANAGEMENT AGREEMENT, THEN IT IS AGREED THAT THIS MANAGEMENT AGREEMENT SHALL BE TERMINATED." PAGE 26, PARAGRAPH 27. WHICH READS "NO STOCIcHOLDERS, DIRECTORS OR EMPLOYEES NEW WORDING "NO STOCIQ OLDERS, DIRECTORS OR EMPLOYEES OF THE COMPANY OR THEIR RELATIVES SHALL HAVE ANY INTEREST IN THE BUSINESS WHICH SUPPLIES THE COMPANY WITH GOODS OR SERVICES.": r. coconut grove civic club po box 381 coconut grove florida 33133 24 January 1980 Dear Mayor Ferree The Coconut Grove Civic Club would like to go on recor as continuingour opposition:qi' the Biscayne, Recreation Management agreement. lAtii/so Sincerely, Our Tucker bbs President Coconut Grove Civic Club • MANAGEMENT AGREEMENT THIS: ,AGREEMENT: made and entcred into this .:.. day;o January, 1979, by and between the City of Miami, a Municipal Corporation of the State of Florida, hereinafter referred to as "The City" and Biscayne Recreation Development- Company, a Florida Corporation, hereinafter referred to as "The Company", I, TN: E'S' S E T H e WHEREAS, The. City currently owns and operates the. property and facility commonly known as the Dinner Key Marina; and. WHEREZ\S, The City Commissiondesires to have private initiative :and enterprise reconstruct and redevelop the Dinner KeyMarina: site. . . ` into a first class operating marina; and WHEREAS The City has advertised for Public Proposals for the lease and operation of the Dinner Key Marina; and WHEREAS, The Company: along with several other proposers made pubiic proposals in accordance with the "bidding documents; and WHEREAS, The Company offered to renovate and design a new marina facility with private capital, and WHEREAS, The City now desires to finance , the reconstruc tion and .:development: of the marina with monies from revenue bonds in order to keep the interest cost of repayment to a minimum in consideration of lower dockage rates for tenants and in order 'not to encumber:said.premises.witha long .term::. possession contract, and WIIEREAS, The City has rejected all proposals for,. long-term lease and operation of Dinner Key Marina; arid WHEREAS, The City Commission directed _:the. Manager negotiate a short-term. management contract Recreation Development Company; and. t with Biscayne,' WHEREAS, The Company is both desirous and capable :of construction management, and management & operationof the .facilities at said marina • and WI-IEREAS, The City and The Company have negotiated this Agreement, NOW TIIERErORE, . for and in consideration of the premises and the mutual covenants hereinafter contained and performed, ,:.the parties .hereto agree as .follows: .::. DESCRIPTION -OF PREMISES'. observed The parbies hereby agree that an accurate description ofthe managed premises, hereinafter referred to; as "The Facility", Property. or "Premises", is shown: on exhibit ".A attached hereto and made a part hereof. 2. TERM a. Basic Term The Term of this Agreement shall.. be for a period c ten (10) ` years including the time for permitting and construe tion. This Agreement shall commence on the day:of -19 7 b., preferential Right to Renew The Company shall have a preferential right and option to renew, this Agreement upon the same terms and.conditions at the end of , the initial term for. a . (5) year. period . provided,, as follows: The City shall rate The Company on its operati:on.'at least two (2) times: per year at six (6) month intervals.:; The. rating shall be based upon the condition of the docks and piles and the maintenance and cleanliness facilities. The Company. -shall be tia:l right and option to renew thegroundsand entitled to its preferen. ifits ratings., have been generally satisfactory ,for the initial term The Company shall. give The City notice of exercise this right. at least, expiration of the Agreement. of. this Agreemen its intent.: to si::ty, (60) days prior to the -2- c. Cooperation with Consulting Engineers. The Company shall cooperate with such consulting engineers, or other consultants, as may be designated by. engineers _. under the Bond Ordinance, in making an annual inspection o the marina facilities andreporting their findings as to whether such facilities have been maintained in good repair, working order and condition, and Lheir recommendations as to" (i) changes,. if any, :in the operation, repair and maintenance'. of the facilities during the ensuing fiscal year and an estimate of the cost therefor, and (ii) the amount that 'should be deposited during the ensuing fiscal year;'to the credit of the Renewal.and Replacement Fund, and (iii) any revisions of rates,'rents, fees and charges. 3. USE The Company, as the management agent for.The shall be. the exclusive agent of The City and shall operate the'Facility during the term of this. Agreement. For the consideration provided in paragraph four herein The Company shall operate the property for a small boat port, marina and recreational facility, offering dockage and other marina' related services, for the use of and by the general public.. Services shall include but not be limited to the following: a. Dockage and mooring of boats. b. A boat ramp facility, which shall be open to the public and for which nocharge shall be made., wer and restroom facilities for use by those persons docking and mooring boats. • Closed circuit T.V.,:security system for the docks..: Security` system for moorings: ▪ Sailboat,charter boat and cornmercial boat rentals. g .,- Coin operated laundry facilities: I. Maintenance of landscaping, perimeter walkwayand lighting. i. Sale of bait, tackle and ice. Sale of marine hardware. k. Sale of take-out food and beverages including bee 1. Sale of fuel.. m.' Launch services_ for moored boats. Boat sales and boat brokerage, provided, however, that a maximum of .five percent, (5%) of the .totral number of slips shall be used for such purposes. . " All other related services "in. accordance .with City.'` f Miami Zoning Ordinance andsubject to the approval, f the City „Manager, which shall not be","unreasonably withheld. The Company further agrees that during each year:of the terms of .this 'Agreement and anyextensions:" thereof, "Pier5, any equivalent pier, shall be made' available to such partf as The City may designate as its contractor for purposes of con- ducting two annual Boat Shows. The fees charged by The Company to such designated contractor shall be an amount no greater than. the total normal daily rental rate then in effect for each of the slips on said pier multiplied by the number of days of actual use. 4 CONSIDERATION" A. Notwithstanding any other provisions of this Manage- ment Areement, The City and The Company covenantand agree that the obligations, duties and responsibilities of each of the,: par ties imposed under this Management Agreement shall be. subject: the applicable provisions of the ordinance. ("Bond Ordinance" autherizing'the'issuance of the .revenue bonds for the Marina: Facilities. B. Basic Consideration, As consideration for the efficient management, operation and maintenance of the property throughout the period of this Agreement, the_parties covenant a follows: Upon execution of this Management Agreement, The City. pay from the gross receipts, as herein defined, its shall Monthly . oper- ating e-:nenses; next,' The City shall pay ;The Company: one cent (l) per day, for, dock space leased; -4_ next, _ any excess revenues shall be deposited in a construction reserve account which shall be used to reduce -the amount any bonds required for reconstruction and .expansion of'the marina facility-. 1n-"the•event, notwithstanding.due- and diligent:, effort by the parties, that the Project as contemplated cannot be. permitted or a sufficient amount of The City's.revenue bonds cannot be -sold within two years of the date of this Agreement at, a reasonable interest, cost, not exceeding the then .prevailing;revenue bond rate, then any remaining'.revenue, after expenses and management fees, shall go fifty :(500) percent to a-construction"reserve.fund for major repairs and- . renovation . and fifty (50 0) percent to The City.The City shall not be obligated or liable to The ° Company for any such , failure or inability to"obtain ,constitction permits or to sell suchrevenue bonds." C. Consideration -After:Permitting or -Receipt of Bond Proceeds Upon receipt of all permits necessary for reconstruc- tion and expansion of the marina' bond proceeds issued for reconstruction and expansion,' whichever Comes first The .City shall first pay from .gross. receipts the monthly operating e.:penses based' upon monthly' deposit the' requisitions from The balance of'the .money in the Revenue Fund to the credit o facility or upon receipt.o Company. The City shall. the various funds and accounts astablished under. the Bond Ordinance. Said funds nd accourits shall. provide to The City a sum equal to one hundred :ifi: (150%)percent of''the Bond Service:. requirement for the Marina Facility ;'except. -for concession The City shall pay to:The ,Company ,on a':monthly.' e in the surplus fund` a fee of one cent (1) improvements. basis from money per foot, per day, for dock space leased; and ten (1.0";) of gross' revenues produced by, moorings; perc"en and at' such' time as the finger pier dockage rate exceeds twelve (124) cents"`. per foot, per day, The City shall pay.. to The Cornnany, an additional clay, for each; one cent (10 rate e::coeds twclvc cenL•s . (12) per foot, per 'day. All one -tenth of one cent'a/nth:, of 1' ) per foot, 'per ' that the finger pier dockage, remaining money from gross receipts shall within sixty (6,0) days of the end of each fiscal year be divided equally between The: Company and The City D. Definition of Completion Completion of the facility shall be defined as acceptance the City through issuance of a certificate of occupancy. E. Handling of Revenues The Company agree that all revenues and other income of the marina facilities, including collections ofrates, rents, fees and charges . and all other income derived or arising from or in connection with the operation, repair, ma intenance and management of the Marina Facilities, excluding however, income from concessions which The Company may operate as hereafter set forth in Subsection ."g"► will be collected and deposited daily, as far as practicable, in the name of The City, to the credit of the Revenue Fund.; established. 'under the Bond Ordinance F Bond Service on Concession improvements The Company shall also pay to The City its monthly bond service requirement on any concession improvements for which bond funds may be required or used In addition, _The .Company shall pay to The City one half_ (1/2) of the monthly bond service requirement for said concession improvements, plusan additional sum on an annual basis equal to 1/35th (one thirty- fifth) of the cost of construction of, such space provided for said concessionimprovements for depreciation, replacement` and repair. Payment of the aforesaid sums shall begin after .the completion of said construction. Finally, The Company shall 0.01) •;per gallon of .duel sold at pay to The . City one, cent g the . marina. G. Revenues from Concessions The Company shall be entitled to operate any concessions or to enter into percentage agreements with concessionaires to provide the services set forth hereafter The Company will pay the City the following considerations arising out of the operation.: by of the concessions listed below, namely: ten percent (lo%) The Company's gross revenues earned from concessions contracted :to third party. Concessionaires; orten percent 0.0%) of The,. Companys. net profit, -but not less `than five percent (5%) of :The revenues' -earned from 1 concessions Company's gross operated by The Compaiiy at 'Dinner I ey Marina:. The cervices referredi t herein are: (1) Security systems for moorings` (2)`. Coin-operated.'1aundry facihitie5: (3) Sail of bait, -tackle- and ice (4) Sale of marine hardware- p ,' off the premises, of, food. (5) Sale .for consum don and beverages, including beer, but not other alcoholic beverages (6): Sale of fuel; however, The Company shall pay The City one cent for each gallon of fuel pumped (7).' Boat maintenance and repair. (8). Boat brokerage services'providing that any boat for sale shall: pay.the full price for moorings and for wet slip storage. Brokerage slips shall be limited to five percent (5%) of the total new lineal footage. available for leaseafter`.construc tion exceeds the lineal footage currently available (9;) Other services subject to the City Manager's approval the event The' Company chooses not to provide a y the above services, The City may negotiate a direct concession forthese services;. II. efinitions Operating expenses -.shall be defined as salaries • paid `,t the doc}master, assistant dockmaster, dockworkers, bookkeeper; receptionist, secretaries, providing direct service other employee benefits; expenses; miscellaneous and waste removal; typists and other employees. to tenants; social security and legal expenses; auditing; office supplies and equipment; utilities insurance; : ordinary maintenance and -7- repair;_ and :advertisingand promotion. (Further.,- annual operating. expenses shall include a depreciation reserve and. re lacement"amount eq ual qualto one -.thirty-fifth (1/35th) of.: the: total amount of'the bond issue used, excluding"concession. :space:. Such funds shall: be deposited, on a monthly basis, with The City and shall be: available for extraordinary. ; repairs and replacement expenses that will extend _the .life of the facility:. Ordinary repairs necessary for proper maintenance. and operation of the .facility. :shall be the responsibility of The Companythrough its annual, operating.budget.) -The term "gross sales" as used herein shall beconsidered synonymous and: interchangeable:with the: term."gross receipts and shall include all income collected by`The'Company from.:: the operation and management of the facility. Bond service requirement as usecl in this Agreement shall mean the :amount in any. fiscal year which would be necessary `for y. the sum The City to a .p of the arnount to be deposited iris; the interest account and the amount to be deposited in` the .account:on its revenue bonds if :'all bonds :principals "were amoritzed.'in equal instalments over a:period of notless than twenty-five (25) years. Monthly'; bond service requiremen is one -twelfth : (1/12th) of the bond service requirement. 5. MAN11GEMENT SERVICES. a. The Company shall deliver on.� or before'- the:.. fifteenth (15th) day of each month, beginning with the second month of this Agreement and continuing each and every 'month thereafterduringthe effective period office of (he Department of Finance of The hereof, :at the City, ; or at such other_, place as may be designated hereafter by The City the aforementioned monthly .payments. Alongwith said payment, The Company shall `provide an operating statement certificate form signed by a duly authorized in officer of The Company setting forth in such detail as the Director of Finance of The City may prescribe,. the amounts of_gross` sales', b. Charges and Handling of Money The Company "shall; offer, make and keep the. Marina`: Facilities available for use by the general public and shall charge and, collect the rates, rents, fees and charges for the services rendered by or for the use of such facilities in conformity with;"the schedule thereof as prescribed or authorized by The City. The Company shall supervise and control the hand ling of all money, received in the` operation of the Marina Facilities and;shall:establish an 'adequate system of internal controls, satisfactory to the City Manager, covering the receip and .expenditure °of moneyand the maintenance andoperation of marina facilities and shall prepare all appropriate operating and `financial reports and' statements: necessary or appropriate ppropriate under this Management Agreement. c: 'Certain Rights., Duties and Responsibilities; f The Company The Company and The City agree that The Company shal P o crate,; maintain, repair and manage the marina facilities for The City as an inciependent contractor in accordance with this.. Manageinefl Agreement and subject to such, rules and regulations .`and schedules of rates,' rents, fees and charges, including any revisions thereof,;�from-time to time -in -effect, as prescribed or authorized by The City. The Company shall: operate, maintain, repair and manage the marina faci_lities,.and shall -maintain such'. facilities in a neat and orderly fashion consistent with such high courteous to manage the marina facilities exercise such ,management power as it: deems reasonably, ;recCIssary for orderly, safe, sanitaryand "secure ,use of such facilities in; Y accordance with applicable laws 'regulations ordinances and rules of the City. d. Current Expenses The current expenses incurred •in the operation, repair, maintenance and management of the marina" facilities shall be paid .out of the Revenue Fund in conformitywith the - budget in effect at the time and the:, Bond Ordinance. e. Renewal and' Replacement:Fund Expenditures Expenditures of money in the Renewal and Replace- ment Fund shall ''be made by The Company; in conformity with the :Bond, Ordinance and the budget.' Current expenses. and expenditures of money, the Renewal and Replacement.Fund,shall not exceed the reasonable and necessary atOunttherefort provided that in the event o any emergency The Company may make urgent expenditures not within; the purview of the budget with the approval of .the. City Manager or his designee. Company as Manager This Management., Agreement establishes The Company' as the manager and operator of the subject facility, and and person dealing with The Company shall have the right.to fully .:on; its power and authority.to bind the: facility with regard to the .useand occupancy thereof, excepting however-,,` 'The Company hail not have the authority to encumber realfor. personal property .except as provided in this Agreement. The par,ties,hereto intend that The Company shall be an independent_ contr-ac Lor, and :the employees: and agents of Tl e . Company, shall: attain no rights or benefits under:the Civil Service:or':Pension Ordinances of The C-ity, nor' -the rights :generally afforded :class ified or.unclassified employees of The City, nor shall The Company orits employees be entitled to Florida Workmen's Compensation benefits as employees of The'City.. The Company ha11 have the sole control of the manner and means of performing this agreement subject ing with the terms of this Agreement The full power and authority to take efficient operation of class marina, the except..for to The Company Company Shall; all actions marina and comply:- have. the to bring about. an to maintain it as a first actions specifically prohibited in this exclusive Agreement. The Company- hall have the, and'"discharge.all of its employees"necessary,for a marina facility and . to fix their compensation " and privileges. g. Professional and Technical Services The Company may employtechnicians and consultants to" tin' and other professional er techni authority. the operation provide.such .legal, .accoun g„ cal.services as The Company deems advisable for the proper tenance:and_ operation of the _Marina 'Facilities, subject - budget for the thencurrent fiscal year. h. Additional Responsibilities to hire of main". the , The: Company : shall, For consideration provided inParagraph.4. as a`:"minimum:: (1) Provide The;. City. with an estirnate of required ing expenses for the forthcoming 'fiscal approval by the City Manager be unreasonably withheld. (2) Maintain books and records in sufficient detail to meet Said books andre operat- year` subject to acceptable accounting which approval shall practices. no cords shall be accessible to The City at reasonable times. (3) Be responsible for .hiring and discharging all employees related to the :;operation and normal maintenance of the facility. (4) Provide normal and routine maintenance of the facility.' in order insure that the .property remains in -a "good state of -repair, free from hazardous conditions and deterioration (_5) Be responsible for the administration of all Leases the marina ,facilities, including, but -not limited to the 'collection, of all sums due from Tenants and the -11- general public for . the rental and use. of facili.. ties, including, but not limited to slip rentals, mooning.` f.ees",. dockage fees : and fees of any nature .for use by said public of , the subject premises. :.The .Company is authorized and empowered and is granted the.responsibility to pursue all appropri- ate legal action as is necessary to colle.ct.unpaid ;obligations;. and enforce all handlord's rights,' in- , eluding"the'pursuance of 'all legal remedies avail able. for such purposes subject City Charter. The'City the prov±sions of the agrees that. the responsibility of The Company herein provided shall he pursued in' the name and on bchalfof The City: (6) The Company shall furnish an adequate 'fidelity .bond in :theamount of not less .than rifty:Thousand:Dol (7;) lars ($50,000) requiring The Company .to quarterly account` for revenues" it receives on .:behalf" of: The City in accordance with -the provisions of;this.Agree. ment. The Company-shall:be responsible for the complete operation of the Dinner Key. Marina Complex as de- fined and .legally "described herein (8) The Company will institute management systems, secur- ity systems, training and. staffing: programs , promo- tional and advertising programs and financial con- trol systems that will provide " a secure financial, operation and achieve the objectives of. The City for the Dinner Key Marina. (9), The Company Will act as manager for the: redevelopment and reconstruction of . the Dinner Key ,Marina facility at the present location so " that: the marina :will.`be: a public waterfront recreation facility "at the present_ .site. -This reconstruction will. be :financed, by The City. through Revenue Bonds. The consL-ruction and renovation will complywith all -Bovernmental:. rules and regulation. (10) hereof, The "Company will maintain premises and all improvements good; condition_ and repair consistent; with the operation. of a first class marina. (11) The Company shall be responsible for all claims, suits, : actions and damages that may arise as a re- sult of the negligence of The Company's operation of this facility. (12) Company will not allow any signs or advertising During the term and operate the thereon, in material to be placed on the exterior of any structure in the facility. (13) Except for dockage - and mooring, The Company will not subcontract any portion of the marina operation. without the prior consent of- the City. Manager which' shall not be unreasonably withheld. (14) The Company will abide by and enforce all 'rules and regulations: now in effect or , established by The City :From time to time. Any rule or regulation es-, tablished by The` Company, shall require approval of the .City. Manager which shall not be .Lnreasonably`.with- held (15) The Company will make every effort to enforce the re_, moval of all .vessels"from the facility upon issuance, of Hurricane Warnings by the National Hurricane Center. (16) The Company, shall. enforce the rules and regulations. in- the Dockage Agreement as follows: (a) Only vessels in good condition with their own power wil:L be permitted in the berthing.: area. (b) Berths :Will be assigned- by the dockmaster or his .,representative and nochanges will be made with- out permission. (c) ,; . The Company will ; be responsible for keeping ; the piersclear of all vehicles, small boats, supplies and storage of any items except those that can: be -13- stored in the locker that may be supplied with the berth. (d), The Company will limit the number of ° vessels: that can use each berth to one, except that one small boat may also be berthed, provided it is within the limits of the berth, and does not :pro- ject beyond the pilings..` (e) The Company will be;done at the docks as defined in the City of -Agreement., limit the repair work that ° may Miami (f) The Company will enforce the rules that pro- hibit"the use ofcharcoalburners, open flame torches and any other open flame producing equipment. (g) The Company shall enforce. the present rules on the use of T.V." sets; musicalinstruments, hailers, radios and other` on board equipment that may create a nuisance,. (h) The Company shall enforce the rule._ prohibiting thethrowing overboarcl of any • objects, such .. as gar. bage , trash, =human waste, and shall : enforce the "pro visions prohibiting swimming, diving or fishing: from: the, piers (17) The Company contemplates the installation .of:radio equipment within the Dockmasters Quarters to provide :boaters with ship -to ---shore coininunication" n addi- tion,., The Company will install closed circuit T. scanning: to provide better security at the docks and;; their environs. . 18) The Company will initiate a newsletter, either monthly':. or. biweekly, .. to keep the Dinner Key boaters abreast of activities, events, and general information con- cerning . the :area. (19) The Company will encourage programs emanating from : Dinner 'Key such as regattas, ' tours,, ;and :entertainment. (20). The Company will endeavor to establish a ship with other marinasin the area with tent of providing better service for all boating public:_ (21) The Company will endeavor to promote exchange of boat uses between the tenants of Dinner Key. Marina and marina tenants in other parts of the country and the World. relation the in of the 22) The City or The Company may, from .time ro time, request changes in the scope of services to be per- formed: hereunder. Such changes which aremutually.. agreed upon between The City and The Company must `be. •incorporated in written amendments Agreement following approval thereof by- Commission.' this the City (Additional services to be provided by The Company are In- cluded in other portions of this Agreement.) _l5- CONSTRUCTION -OF NEW FACILITIES The parties hereto agree that The City and The Company shalluse their best efforts to expand Dinner Key Marina :to...pro- vide for approximately 550 slips, .200-moorings and support facilities for the marina, incl.udinq, but not.`. limited to dock master's offices, laundry services and restrooms, storage space for; maintenance equipment, mail areas, bait & tackle, carry -out food facilities, sail boat rental areas, transient facilities and ° commercial boat facilities and, such other :facilities as The City deems appropriate. Theparties -agree to'.provide ,;the •maximum :number of slips consisLent.with the maintenance of:.a sound environment' Menu and sib- ject:to:approval ofall regulatory agencies:: It is anticipated that The City shall issue revenue bonds'_.. approximately.$4,500,000 to Provide financing for the marina. improvement : and, expansion. The panties heretomutually agree 'that The -Company shall `:select and pay:.from its own resources the` design and .engineering team to perform. the permitting and; preliminary engineering. Said ,,team shall -be selected subject to the approval of The City Manager- which "approval shall not be unreasonably withheld The Company agrees .to pay a liminary engineering and permitti engineering shall not include maximum of $100,000 for pre- >. ng of the marina. Preliminary working draw•w.ingsand permitting. shall riot include the cost of City,of Mi ney's fees, engineering and ;consultants . costs and expensos shall be included ami pczmits . Attor- fees and all other in the permitting process. The FloridaConsultant's Competitive Negotiations Act (F.S. Sec. 287.055)-shall apply to the engagement of all con- sultants who are the subject of said Statute who are compen- sated ;.by City funds' (as; distinquicthed from those engaged and compensated:by Company);. The, Cornpany .shall participate in the"competititve selection process by having a designated.-. representative appointed to the selection committee. During the preparation of engineering plans and specifi cations,. The Company willdetermine the.appropr.iate layout, support systems, ancillary uses and` design and construction criteria, subject to approval ,by The City Manager The City, shall issue all construction .contracts "for the facility. The, Company shall provide' on -site oversight and"management ofthe',. project and shall notify The City of any problems` that during construction that will affect the operation, management` and maintenance of the marina. arise The parties agree that thecompleteddesign plans a specifications shall become the property af The City. 7. CUSTODIAL SERVICE The Company shall furnish all maintenance supplies for housekeeping and shall provide all custodial and janitorial services required to maintain the property in a clean, sanitary and presentable condition. f3 CI Y S RIGHT' TO :EXAMINE PROPERTY �, � � P.OPERTY ,The Company shall make available for inspection by -City Manager or his designee 'all areas of the property under its control,•at,any time for any.puroose the City Manager deems necessary or incidental to. or. connected with the: performance of The City' duties.,and: ob igati.onS hereunder 9. DOCKAGE RATES: the be c The Company shall recommend dockage rates and rates for. use of- other facilities and.`services to. the' -City; Manager. .`, The following costs, expenses and economic factors shall onsiclercd andincluded :in. setting dockage rates, namely.: Bond' debt s service requirements, fifty peccent (50%) ; coverage ' 'charges operating expenses, management fees and other coStS", all as set forth in paragraph 4 of this Agreement. Dockage rates shall be generally consistent with those charged. at other marinas of comparable quality situated on public lands in the. Dade County area:: In addition to the dockage rate, The. Company shall permitted to •require vessel owners to pay for utility service which is separately metered. Rules and Regulations: •The Company shall recommend to the City• Manager any. rules and regulations it deems advisabl.e for -the operation, use, repair, maintenance and ma.nagement of the marina facilities. The City and The Company agrees that such rules and regulations shall be prescribed and enforcedto provide marina services to the general public of the highest quality, with due observance of amenities and astute standards commensurate with the appear- "ance and maintenance standards of the surrounding area. The Company covenants that it will observe and enforce said rules and regulations. 10. CONFORMITY -TO THE LAW. The Company covenants to comply .with all laws, ordinances,. regulatiens- and order of Federal', State, ,County and Municipal authorities pertaining to the property and operation thereon. •The Company further covenants and agrees that there will be no discrimination as to race, color, creed, sex or national origin in the use of the property or in the employment of its personn1.11. Protection of Tax Exemption: The City and The Company covenant and agree that, notwith- standing any other provisions hereof, the marina facilities shall be operated and maintained hereunder at all times as., public facilities owned by',The City and serving the general_ public and shall be .available on a regular basis for general public use; and that in the operation and maintenance of the marina facilities nothing shall be done by either. The City or Company to jeopardize the exemption from Federal income tax of the interest on the bonds (exclusive of bonds held by a sub- stantial user of the marina facilities or a related person, as defined in the Federal income tax regulation). Any provi- sion in this Management Agreement., which jeopardizes such tax exemption shall be :deemed null and void. 11'. PAYMENT OF UTILITIES' The Company, shall pay for all utilities consumed On: the premises and waste collection fees, if any., as an "operating e\pense except as pzovided in paragraph 9 hereof. 12. WATER TAXI;AND.TRAM.STATIONS. In the event"The City decides to provide or grant a franchise to provide a Tram or People -Mover system for the Dinner Key Park area, the parties agree to establish a station and roadway for access ° for said system on :the property, r so long; as thesame does :not unreasonably interfere with the operation of The Company under this Agreement. Any costs in adjusting the site use to :accommodatesaid system shall be borne by The City or its franchisee,. as the case may be. In the event The City decides to provide orgrant a franchise for Water -Born Transportation to andfrom the Dinner Kev area to other locations. in The City, the parties agree that. such free embarking and disembarking facilities for said Water Dorn Transportation will be provided. Any costs in adjusting the site use 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 shall be;. mutually - agreed upon 13. HHURRICANE AND EMERGENCY' The City shall,, during any emergency such as hurri cane,, flood, fire or any type ofdisaster, cooperate with -The Company for.the securityof the premises The City shall use its- best efforts during an emergency to safeguard .the said premises.„ -19 14.. INVJ NTORY All, fixtures; furnishings,, furniture, and equipment; if any,: in or upon -the facility and: their condition will be in. vontoried before: occupancy by The Company. The Company Will maintain fixtures, furnishings, furniture and equipment, :if: ,nny,in good and operable co.nditi.en during the term'.of this Agreement at its own cost ,and expense, except for. those -fist: tures, .etc. ' attached to docks and htii:iding to be demolished,_` and said property shall be deemed in its sole custody and care. In.the event._ that any.:of thee-aforementioned"items are.:' lost, stolen or damaged, they . shall be replaced or repaired at. the cost and expense of The Company, ordinary wear and tear excepted, during the term of this Agreement.` 15. OWNERSHIP OF IMPROVEMENTS All improvements fixtures and equipment constructed "a installed at the facility or °purchased with City fuiids shall e owned by The City. The Company shall have title to all per sonal property purchased with, Company funds which were not in eluded in the annual operatingbudget. Upon expiration or 'termination .of this Agreement; title to the property, all perm- anent improvements; fixtures and equipment purchased with The City funds shall bepeacefully surrendered and delivered to The City. Title to all. Company equipment shall remain vested with The. Company and The Company shall have the right to remove the same from the premises. 16. DAMAGE OR ''LOSS TO COMPINY' S"' PROPERTY The Company assumes all .risk of damage or . loss to` 'its property for any cause whatsoever, which shall include, but not .he limited to, any damage or. loss that may occur to mer chandisc, goods , , equipmcnt or other property .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 the property ; or from hurricane or from any act of God, or any act of negligence of ,ihomsoevcr . any user of the "facilities or any persons. :17 DESTRUCTION In the event the premises shall bedestroyecl or sodamaged or injured by fire, hurricane pi any other casualty during the Life of this Agreement yhcreby .the property shall bc- rendered incapable ofuse for its intended purpose, the parties the in surance:proceeds;to rebuild the.faciiity. insurance proceeds shall be used to pay the bond agree Interest on o use service require- ment- to the maximuM extent -possible. 1£3... INDEMNIFICATION The Company covenants and agrees that:it shall indemnify and save harmless The City -from and against any and:all claims, - suits, actions,._ damages or other - causes ofaction arising: dur- ing.the term of this Agreement for any personal injury, loss of life or damage to'property sustained in' or about the property, by reason of, or. as a result of . The Company's .management thereof, and from and against any orders, judgments or decrees, which may be entered_ thereon, and: from and against all costs, attorney:!: fees, expenses and liabilities incurred in and aboutthe defense of; any such claim an& the investigation thereoff provided, how ever, that before ..The Company shall ` become .liable for said cost, The :Company shall be given notice in writing that the same are about to be incurred and shall have the option itself to make- thenecessary investigations and employ 'counsel of The Company!s own selection for the necessary:defense of.any.claim. The City.. may, at its option, retain its own counsel at its sole costand expense in addition to the provisions as hereinabove set forth. 2.19. 'ADVERTISING. The Company agrees, to undertake an aggressive 'advertising. Program. to'inform the public of the avai..lability`and•serviceso the marina, and The City' agrees to use its best efforts, through'` its Publicity Department and other Departments, Company in promoting the public use to assist The and enhancements Hof, ,the -- marina. I'ur ther, The Company shall -undertake Parks and Recreation Department; to erect signed to as 9is t and direct the nubl. is to services. with the City appropriate signs . d� the marina and its -21- The company agrees to work with area merchants and busi- nesses to develop an integrated program of: auxiliary services, such as hotel accommodations, car rentals, restaurant and laundry services, for marina users. 20. DEFAULT If The Company shall neglect or fail :Lo perform or ob- serve any of`.the .'terms, , provisions, conditions and covenants herein contained, for a period of thirty (30) days after .re- ceipt by The Company of notice of such neglect or failure, or if more than thirty (30) days shall be required because of the nature of such default, if The Company shall fail within thirty', (30) days period to commence and thereafter proceed diligently to cure such default, :or if The,Company shall be declared bank `rupt, according to laW, ; then and in any of the aforementioned events, The .City may lawfully and immediately or at any time thereafter, without demand and/or notice, enter into and.upon- the facility or any part thereof and expel The Company and term- inate this . Agreement.` .' 21. ; : NOTICES.. Notices from The City to The Company shall be deemed duly served if mailed by registered or certified mail, postage pre- paid to The Company at 444 Brickell Avenue, Suite 1000,';Miami, Florida 33131, attention: Murray II Dubbin, General Counsel, and Notices from The. Company. to The City shall, be deemed duly served if mailed by registered or certified email, postage Pre- paid to the City Manager, .City of Miami, P. 0. Box 3307.08, other respective persons Miami,, Florida. .33133 or to. such of i addresses as the parties may hereinafter designate to .each othe•r, .: from time.'t time. .by notice given in the foregoing manner., o 22 . TIME IS OP TII1 ESSENCE NCE 'rime for the occurrence or performance of each and every otherwise indicated. event herein shall be of the essence unless 23. TAXES The parties agree that the management and operation of the Dinner i:ny Marina facility ." and those operations convenient or necessary therefor, are public purposes and, therefore, no !!1 -.---ad•• valorem taxes hou1d-be:'-aSsesSed by the Dada County •Tax-.• Appraiser. If, however, taxes •are assessed by said property appraiser, the parti.es agree: A.• Assessment. upon or against concession properties. In the event that the 'property 'tax.apPraiser assesses taxes upon or against such portion or portions of the su ject this Management Agreement as are in the control of concession- aires, or upon which -Concessionaires are situated, in the per- formance of any concession agreement hereunder, the parties agree that at. the request, of and at the expense of any such con- • cessionaires, the parties may defend against such assessment on behalf of such concessionaires. The extent of such defense .by the parties shall be as reasonably requested by such concessiona.ires, provided further, however, that at all times the parties have first determined that the said concessionaires requesting such defense or t-equesting the joinder in such defense, will fully and completely pay the costs and expenses of such defense as may be incurred by the parties or either of them including court costs and reasonable attorneys' fees incurred by the par- ties or either of them in such defense, and provided, further, that the said concessionaires requesting such a contest of assess- ment fully and. completely indemnify and save the paes jointly and separatelyharmless from any and all Claims, chargesor in- debtedness resulting from the conduct pf such defense and con- test. in the event the same is not. successful.. All concession • agreements entered into between The Company and its conceSsiOn aires shall through appropriate language incorporate the terms and conditions of this covenant. B. Assessments. against the marina propertyIn the event taxes are assessed against the property upon which (leeks, piers, moorings and any other properties devoted to marina use and • • • upon which the marina is located as well as properties upon which the marina administrative faciliti.es are located, as well as all • improvements thereto, are assessed by the property tax appraiser, the parties hereby agree as follows: 1. Both parties agree to cooperate fully with each to contest .and defend against said assessment. con -- test • and defense shall; at the option of the parties `or.`either . of them, be conducted at. the adminis€rative level, .e. before the tax appraiser, the tax appraisal adjustment board.. or any successororganization and before the courts', to such extent and to such level as The Company or The City: shall :determine:.' 2. Thecosts and expenses including reasonable at- torneys fees which are incurred by the parLiesas well a such. taxeswhich have accrued and been paid during thecourse of the. litigation contesting'said taxes, shall be iriclucled in the oper ating budget as operating expenses and become. a part. of,those 'economic elements- going to themakeup. of the dockage rates, :as more fully referred to in paragraph 9 of this Agreement. final adjudicatory action, 1: e the final : order of the highest tribunal .before which .the property .,assess ment.issue:has been submitted '.for .`:determination ,"administrative orjudicial; 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 Management. Agreement, then it is agreed"". that all real property taxes,..._. county, school board and municipal `"shall; be included in andmade a part of 'the operating budget as operating expenses which shall be included and: made a part of the total expenses used to`determine< dockage rates as forthin:paragraph _9.- : n the event the final adjudicatory action de clares the assessment lawful and the taxes to be clue and payable, solely due to the existence of this Management Agreement, then it is agreed that the amount of said 'taxes shall be made a; part. of the operating budget and .shall :be:.deemed "operating expenses included in the makeup of : the dockage rates as set :forth in par- agraph h 9, unless the effect of such inclusioncauses dockage � p c'au rates-to exceed: the' average. rates 'chargedfor'dockage and moor.- ings at other marinas situated on; public :ianct' iocaLced in the Coconut Grove area . in such latter event, 'l'lio Company may'pay any amount of tax which causes such excess 0 C trho avcu:a g rate from its profits. If. The Company fails to pay ;<<ct1 C<rc.'ss, then -24- 11, The City shall terminate this Management Agreement and rein- - burse The Company for expenses incurred in ciccordance with. • Paragraph 6 - CONSTRUCTION OP NEW FAciLiTins. 5. The economic effect of such property taxes shall be computed annually and made a part: of each semi-annual oper- ating budget with such adjustments as may bc required to con- form to the terms of This Agreement. 24. LAWSUITS - RENT STRIKES If and in the event a lawsuit is brought by any party against The Company and/or The City, which in subst:ance arises • solely due to the signing of this Agreement, then the parties agree to mutually defend said lawsuit. If said laWsuit results • in a temporary delay of the projects, this Agreement shall be extended by the amount of ti.rne caused by the delay. • If and in the event that there is a tenant st.rike or a similar strike or refusal to pay rent or lawsuit of any type or nature in ‘ahich rental payments are placed in any escrow account or in any court fund, The Company shall be relieved of its obli- gation Hte pay to The City any amount -in excess of the monthly bond service requirement Until such rent strike or suit is settled and all sums are released to and/or obtained by The Com- pany. • This provision shall not permit a reduction in the amount . of consideration required to be paid, but only a temporary de- lay of the required payment. 25. INSURANCE The Company shall not commence work on this Management. Agreement until it has obtained all insurance required under this section and such insurance has been approved by The City. The Company shall at all times, during the term of this Agreement, maintain full force and effect the following-de7 _ scribed insurance covering the property and the operation thereon:: .• • , „ ,". - . " less (a) Public Public liability insurance of not less than $1,-,000;.000 per occurrence for death or bodily injuryand not. $1,000,-000 per occurrence for property damage. (b) • Fire and casualty coverage of not less than ninety (90%)- of replacement value of all existing and future improve- ments. • Said -'insurance .shall name The City as an additional in- sured and: shall provide that The. City shallbe given at least`" thirty (30) days' advance written notice of cancellation of said, policy or any material modifications thereof. Certificates of insurance shall be filed with the prop- erty and insurance manacjer of the City of Miami. The _insurance provided for herein shall be written by a, company authorized to do business in the State of Florida, through an agent authorized to do business in the State of Florida and must be rated at least A as to Management and Class 10 as. to .Fi - Financial according ao A.M. Best :Key Rating, Guide, latest edition. The Company shall further carry any, other insurance rea- sonably:required-in connection ,with the proposed operation. 26. FUNDING The City shall ,be solely 'responsible for funding the provements described herein:. The City agrees to provide funds from revenue bonds in a sufficient amount not to exceed Million Dollars.($5,.000,000)., 27. CONFLICT OF INTEREST No stockholders, directors or employees ,of The Company. shall have any interest in any business which supplies The Com pany with goods or services without advice and consent of the City Manager. It is understood and agreed that The Company' attorneys, : Dubbin, Schiff, Berkman & Dubbin,' are also stockhol ers of The Company and that they may, in addition to receiving any profits or dividends declared, be compensated at their reg- ular rates as an operating expense in connection with any of The Company's needs or rights and obligations arising out of or in connection with the provisions of this Agreement., :28:. ATTORNEYS'` FEES AND COSTS In the event,`that it is deeined necessary for either. party a lawsuit in the appropriate, court of law in order to. . any of the terms and provisions of this Agreement, then to file enforce the prevailing party:shall be entitled be reasonable attorne"s' fees and costs. 29 ,CAPTIONS'. The captions contained in this Agreement are inserted'. only as;.a matter, of, convenience and for reference and .in no way ,define, limit or prescribe the 'scope of this'.Agreement or the intent of any provision Hereof. .30. REVISIONS DUE TO BOND ORDINANCE The parties agree that . this Agreement shall:be revised to the extent necessary, in the 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 bonds marketable. In no .event shall theprovisions.. respecting " the amount of : the management .`fee payable' : to .The .,Company be changed. 31. ENTIRE. AGREEMENT This Agreement .contains the entire understanding of the parties hereto concerning the subject matter hereof and no modification, release, discharge or waiver ,of` any of the pro- visions hereof shall be of any for.ce and effect Unless in, writing and signed by both parties. 32. REPRESENTATION BY CITY City warrants and represents that it has . full power and authority to enter into this Agreement under the Constitution and laws of the Stateof Florida and Ordinances and Resolu- tions of Dade County and City of Miami, and that all condi- tions and things required ruirecl by the Constitution and laws of the State of Florida, Dade County and the City of Miamito happen, exist and beperformed this Management Agreement have performed as so required. precedent to the"si r.gning of happened, exist " and, have been.` -27- NONASSIGNABILITY="CLAUSIJ. This. Management Agreement rnay:not bee-assiggned by .The'Company without prior approval of the City Manager. Any assignment, trarisfer or conveyance. of stock to parties who are as of the date of this Agreemeflt. shall be deemed not"stockholders an assignment requiririg the City Manager prior,approval - An assignment. subject to the restriction contained herein shall assignment to the personal representative not 'include an of: -.a deceased stock- holder or to said stockholder's estate or heir. Provided, - however, that a subsequent transfer, ass_ignment:'or conveyance , "from the stockholder's estate or heir to a third party who is not ;a stock- holder as of the date of this Agreement shall require such approval. Also excluded from the operation of the restrictioflS of this shall be . assignments, : transfers or conveyances between persons who are stockholders: as of the date of this; Agreement or clause members of their immediate family. and .amongst IN WITNESS WHEREOF, the parties have hereunto caused these;, presentsto be executed this day.. of , 19 ATTEST: Ralph Ongie, City, Clerk.: TIIE CITY. OF MIAMI Joseph Grassie, City Manager. BISCAYNE" RECREATION DEVELOPMENT. COMPANY " Robert.M.. Traugott", Paul S. walker ," President Secretary APPROVED AS TO FORM -AND CORRECTNESS:- GEORGE F. KNOX,.JR. CITY ATTORNEY, .CITYOF MIAMI ; B