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HomeMy WebLinkAboutExhibitREVOCABLE LICENSE AGREEMENT ISSUED BY THE CITY OF MIAMI TO RICKENBACKER MARINA, INC. FOR THE USE AND OCCUPANCY OF THE PROPERTY LOCATED AT 3501 RICKENBACKER CAUSEWAY MIAMI, FLORIDA TABLE OF CONTENTS 1. Recitals................................................................................................................................................1 2. Definitions...........................................................................................................................................2 3. Purpose...............................................................................................................................................2 4. Interest Conferred By This Agreement............................................................................................... 3 5. Permitted Uses................................................................................................................................... 3 6. Occupancy And Use Period................................................................................................................. 4 7. Continuous Duty To Operate.............................................................................................................. 4 8. Use Fee............................................................................................................................................... 4 9. Late Fee ...................... ............................ .............................................................................. :............... 5 10, Returned Check Fee............................................................................................................................ 5 11. Guarantee Deposit ..................... :................. ..... ............ ...................................................................... 6 12. Adjustment To Use Fee And Guarantee Deposit................................................................................ 6 13. Services and Utilities........................................................................................................................... 7 14. Condition of the Property and Maintenance...................................................................................1.8 15. Alterations, Additions Or Replacements............................................................................................ 8 16, Violations, Liens And Security Interests............................................................................................. 9 17. City Access To Facility....................................................................................................................... 10 18. Indemnification And Hold Harmless................................................................................................. 10 19. Insurance........................................................................................................................................... 11 20. No Liability........ ..... I ...................................................................................................................... 11 21. Safety................................................................................................................................................12 22. Taxes and Fees.................................................................................................................................. 12 23, Cancellation By Request Of Either Of The Parties Without Cause . ............................................. :.... 13 24, Termination By City Manager For Cause.......................................................................................... 13 25. Notices..............................................................................................................................................13 26. Advertising........................................................................................................................................14 27. Hazardous Materials......................................................................................................................... 14 28. Radon Gas......................................................................................................................................... 15 29. Licenses, Authorizations and Permits............................................................................................... 15 30. Compliance With All Laws Applicable............................................................................................... 16 31, Ownership Of Improvements . ..... :.................................................................................................... 16 32, Surrender Of Area or Property......................................................................................................... 16 33. Severability.......................................................................................................................................17 34. Invalidity........................................................................................................................................... 17 35. No Assignment Or Transfer.............................................................................................................. 17 36. Public Records................................................................................................................................... 18 '37. Conflict of Interest............................................................................................................................ 18 38. Americans With Disability Act.......................................................................................................... 18 39. Nondiscrimination............................................................................................................................18 40. Affirmative Action............................................................................................................................. 19 41. Minority/Women Business Utilization............................................................................................. 19 42. Amendments And Modifications...................................................................................................... 19 43. Attorney(s)' Fees............................................................................................................................... 19 44. Litigation...........................................................................................................................................20 45. Waiver Of Jury Trial.......................................................................................................................... 20 46. Waiver...............................................................................................................................................20 47. Time ofEssence ................................................................................................................................ 2O 48. NoInterpretation Against Deftsmen............................................................................................... Z2 49, Further Acts ...................................................................................................................................... ZI S(I Third Party Beneficiary ..................................................................................................................... 2l 51. NoPartnership .................................................................................................................................. 21 SIHeadings .......................................................................................................................................... Zl 53. Authority ........................................................................................................................................... 2l 54. Entire Agreement ............................................................................................................................. 22 SS. Special Provisions ............................................................................................................................. 22 EXHIBIT A'DEPICTION OFAREA ORPROPERTY ......................................................................................... 24 EXHIBIT B'DEED NO#18O]0OFTHE INTERNAL IMPROVEMENT FUND, STATE DFFLORIDA ................... ZS EXHIBITC' INSURANCE .............................................................................................................................. ZG REVOCABLE LICENSE AGREEMENT This Revocable License Agreement (the "Agreement") is made this i day of 2009 between the City of Miami (the "City") a municipal corporation of the State of Florida and Rickenbacker Marina, Inc., a Florida corporation incorporated under the laws of the State of Florida (the "Licensee"). RECITALS WHEREAS, the City and Licensee ("the Parties") desire and intend to enter into a Revocable License Agreement for the use of city -owned property located at 3501 Rickenbacker Causeway, Miami, Florida; and WHEREAS, Licensee has expressed its interest in utilizing this city -owned property for providing a boat launching ramp; and WHEREAS, this Agreement is not assignable; and WHEREAS, this Agreement is revocable -at -will by the City and without the consent of the Licensee; and WHEREAS, this Agreement does not transfer an interest in real property including any leasehold interest in real property owned by the City; and WHEREAS, this Agreement does not confer a right to use any real property for any general purposes; and WHEREAS, this Agreement does not convey or transfer any right to exclude the City from any real property; and WHEREAS, this Agreement permits only certain, enumerated, specific, listed permitted uses, and does not permit anything further. WHEREAS, the Parties jointly and voluntarily stipulate as to the accuracy of these recitals; and NOW THEREFORE, in consideration of the mutual covenants set forth herein, the parties hereby agree as follows 1. Recitals. A. The foregoing recitals are hereby incorporated and made a part of this Agreement. 2. Definitions. A. "Area" shall mean City -owned boat launching ramp as depicted in Exhibit "A" attached hereto and made a part hereof. B. "City Manager" is the City Manager for the City of Miami. C. "Director" shall mean the Director of the Public Facilities department for the City of Miami. D. "Effective Date" shall mean the date that this Agreement is executed by the City Manager. In the event the Effective Date does not fall on the first day of the month, the Effective Date shall be adjusted to be the first day of the following month. E. "Hazardous Material Laws" means a)) applicable requirements of federal, state and local environmental, public health and safety laws, regulations, orders, permits, licenses, approvals, ordinances and directives, including but not limited to, all applicable requirements of: the Clean Air Act; the Clean Water Act; the Resource Conservation and Recovery Act, as amended by the Hazardous and Solid Waste Amendments of 1984; the Safe Drinking Water Act; the Comprehensive Environmental Response, Compensation and Liability Act, as amended by the Superfund Amendments and Reauthorization Act of 1986; the Occupational Health and Safety Act; the Toxic Substances Control Act; the Pollutant Discharge Prevention and Control Act; the Water Resources Restoration and Preservation Act; the Florida Air and Water Pollution Control Act; the Florida Safe Drinking Water Act; and the Florida Environmental Reorganization Act of 1975. F. "Monthly Use Fee" shall mean a fee charged to Florida for profit corporations. G. "Permitted Uses" shall mean launching of boats. H. "Property" shall mean the City -owned real property and improvements containing approximately 1,440 square feet located at 3501 Rickenbacker Causeway, Miami, Florida, as more particularly described in Exhibit "A" attached hereto and made a part hereof. 3. Purpose. The City is the owner of the Property. The City has determined that the Area or Property is not needed at this time by any of the City's offices or departments. The City has expressed its desire to assist the Licensee in accomplishing its purpose and in furtherance thereof authorizes the Licensee to occupy 2 and use the Area or Property for the Permitted Use, under the conditions hereinafter set forth. The use of the Area or Property is strictly limited to the Permitted Use and is not to be used for any other purpose whatsoever. Any use of the Area or Property not authorized under Permitted Use must receive the prior written consent of the City Manager or his designee, which consent may be withheld for any or no reason, including, but not limited to additional financial consideration. 4. Interest Conferred By This Agreement. This Agreement confers no exclusive possession of the Area or Property. The Licensee cannot exclude the City from the Property. This Agreement solely authorizes Licensee to the temporary use of the Area or Property for the limited purposes set forth herein and for no other purpose. The parties hereby agree that the provisions of this Agreement do not constitute a lease. The rights of Licensee hereunder are not those of a tenant, but are a mere personal privilege to do certain acts of a temporary character on the Area or Property and to use the Area or Property, subject to the terms of this Agreement. The City retains dominion, possession and control of the Area or Property, Therefore, no lease interest in the Area or Property is conferred upon Licensee under the provisions hereof. Licensee does not and shall not claim at any time any interest or estate of any kind or extent whatsoever in the Property by virtue of this Agreement or its use of the Area or Property hereunder. Additionally, Licensee does not and shall not claim at any time any interest or estate of any kind or extent whatsoever in the Area or Property by virtue of any expenditure of funds by the Licensee for improvements, construction, repairs, partitions, or alterations to the Area or Property which may be authorized by the City. 5. Permitted Uses. Subject to existing zoning and other governmental restrictions and the execution of this Agreement, this Agreement authorizes the Licensee to occupy and use the Area or Property to provide the Licensee's existing operation with the use of the City's boat launching ramp, and for no other purpose whatsoever (the "Permitted Use"). Licensee acknowledges that a portion of the Area or Property is subject to certain restrictions contained in Deed No. 18030 made by.the Trustees of the Internal Improvement Fund of the State of Florida (the "State") to the City, dated August 2, 1929, as set forth in Exhibit "B" attached hereto and made a part hereof. In the event the State charges the City a State fee for said use, Licensee shall pay 3 all fees imposed, including any fees on a retroactive basis prior to the Effective Date. In the event that the Licensee does not pay the retroactive fees within thirty (30) days from notification, then either party may terminate this agreement with thirty (30) days prior written notice in accordance with Section 23 of the Agreement. 6. Occupancy And Use Period. This Agreement shall commence on the Effective Date and shall continue on a month-to-month basis until the first to occur of the following: i. Cancellation or termination pursuant to Paragraph 23 herein; or ii. Automatic termination, subject to the notice provisions of Paragraph 24 herein; 7. Continuous Duty To Operate. Except where the Area is rendered unusable by reason of fire or other casualty, Licensee shall at all times during this Agreement, occupy the Area upon the Effective Date and shall thereafter continuously conduct operations in the Area in accordance with the terms of this Agreement. 8. Use Fee. A. Monthly Use Fee. Commencing on the Effective Date of this Agreement, on the first day of each month and continuing throughout the term of this Agreement, Licensee shall pay to City the Monthly Use Fee amount of four thousand five hundred dollars and 00/100 ($4,500.00), plus State of Florida Use Tax, if applicable, for the use of the Area, payable as set forth in Subparagraph C below and adjusted in accordance with Paragraph 12 herein. Furthermore, ten percent (10%) of the Monthly Use Fee amounts paid to the City will be reserved in a special account by the City for the Area's capital improvements. B. Retroactive Monthly Use Fees Due to the City. On July 27, 2007, the Licensee remitted to the City payment in the amount of thirty-one thousand five hundred dollars and 00/100 ($31,500.00) for the use of the Area beginning January 2007 and ending July 2007. Upon execution of this Agreement, Licensee shall pay to City the State of Florida Use Tax, in the amount of (two thousand two hundred five dollars and 00/100 ($2,205.00), required for the use of the Area from January 2007 through July 2007. Furthermore, upon execution of this 4 Agreement, Licensee shall pay to City the Monthly Use fees owed to the City, in the amount of eighty- five thousand dollars and 00/100 ($85,500.00) (the "Retroactive Monthly Use Fee"), plus State of Florida Use Tax, in the amount of five thousand nine hundred eighty-five dollars and 00/100 ($5,985.00) for the use of the Area from August 2007 and ending on the Effective Date of this Agreement.- Therefore, upon execution of this Agreement, the total amount due by Licensee to the City for the use of the Area from January 2007 through the Effective Date of this Agreement is ninety-three thousand six hundred ninety dollars and 00/100 ($93,690.00), payable as set forth in Subparagraph C below. Furthermore, the Retroactive Monthly Use Fee paid to the City will be reserved in a special account by the City for the Area's capital improvements. C. Manner of Payment. Payments shall be made payable to "City of Miami" and shall be mailed to 444 S.W. 2nd Avenue, 6t' Floor, Finance Department, Miami, Florida 33130, or such other address as may be designated from time to time from the City Manager or his/her designee. 9. Late Fee. In the event any installment of the Monthly Use Fee is not received by City on or before the fifth day of the month, Licensee shall pay to. City a late charge in an amount equal to ten percent (10%) of the respective Use Fee. Such late fee s hall constitute additional fees due and payable to City by Licensee upon the date of payment of the delinquent payment referenced above. Acceptance of such late charge by City shall, in no event, constitute a waiver of Licensee's violations with respect to such overdue amount nor prevent City from the pursuit of any remedy to which City may otherwise be entitled. 10. Returned Check Fee. In the event any check is returned to the City as uncollectible, the Licensee shall pay to City a returned check fee (the "Returned Check Fee") based on the following schedule; Returned Amount Returned Check Fee $00.01- 50.00 $20.00 $50.01- 300.00 $30.00 $300.01- 800.00 $40.00 OVER $800 5% of th The Returned Check Fee shall constitute additional fees due and payable, to City by Licensee, upon the date of payment of the delinquent payment referenced above. Acceptance of Returned Check Fee by City shall, in no event, constitute a waiver of Licensee's violations with respect to such overdue amount nor prevent City from the pursuit of any remedy to which City may otherwise be entitled. 11. Guarantee Deposit. Simultaneously with the execution of this Agreement, the Licensee shall deposit with City the Guarantee Deposit in the amount of One Thousand and 00/100 dollars ($1,000) (the "Guarantee") as guarantee for the full and faithful performance by Licensee of all obligations of Licensee under this Agreement or in connection with this Agreement. If Licensee is in violation (as provided in Paragraph 24 herein) beyond any applicable notice or cure period, the City may use, apply or retain all or any part of the Guarantee Deposit for the payment of (i) any fee or other .sum of money which Licensee was obligated to pay but did not pay, (ii) any sum expended by City on Licensee's behalf in accordance with the provisions of this Agreement, or (iii) any sum which City may expend or be required to expend as a result of Licensee's violation. The use, application or retention of the Guarantee Deposit or any portion thereof by City shall not prevent City from exercising any other right or remedy provided for under this Agreement or at law and shall not limit any recovery to which City may be entitled otherwise. At any time or times when City has made any such application of all or any part of the Guarantee Deposit, the Licensee shall deposit the sum or sums equal to the amounts so applied by City within ten (10) days of written notice by the City. Provided Licensee is not in violation of this Agreement, the Guarantee Deposit or balance thereof, as the case may be, shall be returned to Licensee upon the termination of this Agreement or upon any later date after which Licensee has vacated the Area or Property in the same condition or better as existed on the Effective Date, ordinary wear and tear excepted. Upon the return of the Guarantee Deposit (or balance thereof) to the Licensee, City shall be completely relieved of liability with respect to the Guarantee Deposit. Licensee shall not be entitled to receive any interest on the Guarantee Deposit. 12. Adjustment To Use Fee And Guarantee Deposit. Commencing twelve months from the Effective Date, or on the first day of the following month if the Effective Date is not on the first of the month, and every twelve months thereafter (the 0 "Anniversary Date(s)"), Licensee agrees that the Monthly Use Fee and Guarantee Deposit shall each be increased by three percent (3%) of the Monthly Use Fee and Guarantee Deposit respectively, in effect for the immediately preceding Agreement Year. On each Anniversary Date the Licensee shall remit payment to the City for the increased amount in Guarantee Deposit. Nothing in this paragraph shall be construed to grant Licensee the right to use the Area or Property for a term greater than on a month to month basis. 13. Services and Utilities. A. Licensee's responsibilities. Licensee, at its sole cost and expense, shall pay for all utilities except those specifically set forth in Paragraph B below to be provided by City, which may include, but is not limited to, electricity, water, stormwater fees, gas, telephone, garbage and sewage disposal used by Licensee during its occupancy of the Area or Property, as well as all costs for installation of any lines and equipment necessary. Licensee, at its sole cost, shall install all utilities required for its use and install separate utility meters required thereby and shall be billed directly by the applicable utility company for such services. Licensee, at its sole cost, shall provide cleaning services for the Area or Property. Licensee, at its sole cost and expense, shall hire a'pest control company, as needed, to insure that the Area or Property will at all times be in a clean and sanitary condition and free from vermin. Licensee agrees to provide any and all security it.deems necessary to protect its operations and equipment. Licensee shall insure that all appropriate equipment and lights have been turned off and appropriate doors locked at the close of operations within the Area or Property each day. B. City's responsibilities. City, at its sole cost, shall pay for the following utilities: None. The City reserves the right to interrupt, curtail or suspend the provision of any utility service provided by it, including but not limited to, heating, ventilating and air conditioning systems and equipment serving the Area or Property, to which Licensee may be entitled hereunder, when necessary by reason of accident or emergency, or for repairs, alterations or improvements in the judgment of City desirable or necessary to be made or due to difficulty in obtaining supplies or labor or for any other cause beyond the reasonable control of the City. The work of such repairs, alterations or improvements shall be prosecuted with reasonable diligence. The City shall in no respect be liable for any failure of the utility companies or governmental authorities to supply utility service to Licensee or for any limitation of 7 supply resulting from governmental orders or directives. Licensee shall not claim any damages by reason of the City's or other individual's interruption, curtailment or suspension of a utility service, nor shall the Revocable License or any of Licensee's obligations hereunder be affected or reduced thereby. 14. Condition of the Property and Maintenance. Licensee accepts the Area or Property "as is", in its present condition and state of repair and without any representation by or on behalf of City, and agrees that City shall, under no circumstances, be liable for any latent, patent or other defects in the Area or Property. Licensee, at its sole cost, shall maintain the Area or Property in good order and repair at all times and in an attractive, clean, safe and sanitary condition and shall suffer no waste* or injury thereto. Licensee shall be responsible for all repairs to the Area or Property required or caused by Licensee's use of part thereof. Licensee agrees to make all changes necessary to the Area or Property at Licensee's sole cost and expense in order to comply with all City, County and State code requirements for Licensee's occupancy thereof. 15. Alterations, Additions Or Replacements. Except in the event of an emergency, Licensee shall not make any repair without first receiving the written approval of the City Manager or his/her designee, which approval may be conditioned or withheld for any or no reason whatsoever, including a condition to pay additional fees if such alteration will affect the cost of services being .provided by the City. if the City Manager or his/her designee approves such request, no repair or alteration shall be commenced until plans and specifications therefore shall have been submitted to and approved by the City Manager or his/her designee. The Licensee shall be solely responsible for applying and acquiring all necessary permits, including but not limited to, building permits. The Licensee shall be responsible for any and all costs associated with any alterations including, but not limited to, design, construction, installation and permitting costs. All alterations to the Area or Property, whether or not by or at the expense of the Licensee, shall, unless otherwise provided by written agreement of the parties hereto, immediately upon their completion become the property of the City and shall remain and be surrendered with the Area or Property. In the event of an emergency, Licensee may reasonably proceed to perform such repair work and shall immediately notify City of such work. 9 All alterations must be in compliance with all statutes, laws, ordinances. and regulations of the State of Florida, Miami -Dade County, City of Miami and any other agency that may have jurisdiction over the Area or Property as they presently exist and as they may be amended hereafter. In the event of an emergency, Licensee shall reasonably proceed to perform such repair work and shall immediately notify the City Manager or his/her designee of such work. 16. Violations, Liens And Security Interests. The Licensee shall not suffer or permit any statutory, laborers, material person, or mechanics' liens to be filed against the title to the Property, nor against any Alteration by reason of work, labor, services, or materials supplied to the Licensee or anyone having a right to possession of the Property. Nothing in this Agreement shall be construed as constituting the consent or request of the City, expressed or implied, by inference or otherwise, to any contractor, subcontractor, laborer or material man for the performance of any labor or the furnishing of any materials for any specific Alteration, or repair of or to the Property nor as giving the Licensee the right, power or authority to contract for or permit the rendering of any services or the furnishing of any materials that would give rise to the filing of any mechanics liens against the Property. if any mechanics' lien shall at any time be filed against the Property, the Licensee shall cause it to be discharged of record within fifteen (15) days after the date the Licensee acquires knowledge of its. filing. If the Licensee shall fail to discharge a mechanics' lien within that period, then in.addition to any other right or remedy available to the City, the City may, but shall not be obligated to, discharge the lien either by paying the amount claimed to be due or by procuring the discharge of the lien by deposit in court of bonding or other acceptable form of security in lieu thereof. Additionally, the City may compel the prosecution of an action for the foreclosure of the mechanics' lien by the lienor and pay the amount of the judgment, if any, in favor of the lienor (with interest, costs and allowances), with the understanding that all amounts paid by the City shall constitute additional payments due and payable under this Agreement and shall be repaid to the City. by the Licensee immediately upon rendition of any invoice or bill by the City. The Licensee shall not be required to pay or discharge any statutory, laborers, supplies, material persons' or mechanics' lien so long as (i) the Licensee shall in good faith proceed to contest the lien by appropriate proceedings, (ii) the Licensee shall have given notice in writing to the City of its intention to contest the validity of the lien, and (iii) the Licensee shall furnish and keep in effect a surety bond of a responsible and substantial surety company reasonably acceptable to the City or other security reasonably satisfactory to the City in an amount sufficient to pay one hundred ten. percent of the amount of the contested lien claim with all interest on it and costs and expenses, including reasonable attorneys' fees, to be incurred in connection therewith. Licensee further agrees to hold City harmless from, and to indemnify the City against, any and all claims, demands and expenses, including reasonable attorney's fees, by reason of any claims of any contractor, subcontractor, materialman, laborer or any other third person with whom Licensee has contracted or otherwise is found liable for, in respect to the Area or Property. 17, City Access To Facility. City and its authorized representative(s) shall have at all times access to the Area or Property and the Property. City will maintain a complete set of keys to the Area and the Property. Licensee, at its sole cost and expense, may duplicate or change key locks to the Area or Property but not until first receiving written approval from the Director for such work. In the event Licensee changes key locks as approved by the Director, Licensee, at its sole cost and expense, must also provide to City a copy or copies of said keys, if more than one copy is required. The City shall have access to and entry into the Area and the Property at any time to (a) inspect the Area and Property, (b)to perform any obligations of Licensee hereunder which Licensee has failed to perform after written notice thereof to Licensee, Licensee not having cured such matter within ten (10) days of such notice, (c) to assure Licensee's compliance with the terms and provisions of this Agreement and all applicable laws, ordinances, rules and regulations, (d) to show the .Property, inclusive of the Area or Property, to prospective purchasers or tenants, and (e) for other purposes as may be deemed necessary by the City Manager in the furtherance of the City's corporate purpose; provided, however, that City shall make a diligent effort to provide at least 24 -hours advance notice and Licensee shall have the right to have one or more of its representatives or employees present during the time of any such entry. The City shall not be liable for any loss, cost or damage to the Licensee by reason of the exercise by the City of the right of entry. described herein for the purposes listed above. The making of periodic inspection or the failure to do so shall not operate to impose upon City any liability of any kind whatsoever nor relieve the Licensee of any responsibility; obligations or liability assumed under this Agreement. 18. Indemnification And Hold Harmless. Licensee shall indemnify, defend and hold harmless the City and its officials, employees and agents (collectively referred to as "Indemnitees") and each of them from and against all loss, costs, 10 penalties, fines, damages, claims, expenses (including attorney's fees) or liabilities (collectively referred to as "Liabilities") by reason of any injury to or death of any person or damage to or destruction or loss of any property arising out of, resulting from, or in connection with (i) the performance or non- performance of the services contemplated by this Agreement which is or is alleged to be directly or indirectly caused, in whole or in part, by any act, omission, default or negligence (whether active or passive) of Licensee or its employees, agents or subcontractors (collective)y referred to as "Licensee"), regardless of whether it is, or is alleged to be, caused in whole or part (whether joint, concurrent or contributing) by any act, omission, default or negligence (whether active or passive) of the Indemnitees, or any of them or (ii) the failure of the Licensee to comply with any of the paragraphs herein or the failure of the Licensee to conform to statutes, ordinances, or other regulations or requirements of any governmental authority, federal or state, in connection with the performance_ ofAhis Agreement. Licensee expressly agrees to indemnify and hold harmless the Indemnitees, or any of them, from and against all liabilities which may be asserted by an employee or former employee of Licensee, or any of its subcontractors, as provided above, for which the Licensee's liability to such employee or former employee would otherwise be limited to payments under state Workers' Compensation or similar Jaws. Licensee further acknowledges that, as lawful consideration for being granted the right to utilize and occupy the Area or Property, Licensee, on behalf of himself, his agents, invitees and employees, does hereby release from any legal liability the City, its officers, agents and employees, from any and all claims for injury, death or property damage resulting from Licensee's use of the Area or Property. 19. Insurance. Licensee, at its sole cost, shall obtain and maintain in full force and effect at all times throughout the period of this Agreement, the insurance as set forth in Exhibit "C" attached hereto and made a part hereof. 20. No Liability. In no event shall the City be liable or responsible for injury, loss or damage to the property, improvements, fixtures and/or equipment belonging to or rented by Licensee, its officers, agents, employees, invitees or patrons occurring in or about the Area or Property that may be stolen, destroyed, or in any way damaged, including, without limitation, fire, flood, steam, electricity, gas, water, rain, vandalism or theft which may leak or flow from or into any part of the Area or Property, or from the 11 breakage, leakage, obstruction or other defects of the pipes, sprinklers, wires, appliances, plumbing, air conditioning or lighting fixtures of the Area or Property, or from hurricane or any act of God or any act of negligence of any user of the facilities or occupants of the Property or any person whomsoever whether such damage or injury results from conditions arising upon the Area or Property or upon other portions of the Property or from other sources. Licensee indemnifies the City its officers, agents and employees from and against any and all such claims even if the claims, costs, liabilities, suits, actions, damages or causes of action arise from the negligence or alleged negligence of the City, including any of Its employees, agents, or officials. Licensee further acknowledges that as lawful consideration for being granted the right to utilize and occupy the Area or Property, Licensee, on behalf of himself, his agents, invitees and employees, does hereby release from any legal liability the City, its officers, agents and employees, from any and all claims for injury, death or property damage resulting from Licensee's use of the Area or Property. 21. Safety. . Licensee will allow City inspectors, agents or representatives the ability to monitor its compliance with safety precautions as required by federal, state or local laws, rules, regulations and ordinances. By performing these inspections the City, its agents, or representatives are not assuming any liability by virtue of these laws, rules, regulations and ordinances. Licensee shall have no recourse against the City, its agents, or representatives from the occurrence, non-occurrence or result of such inspection(s). Upon issuance of a notice to proceed, the Licensee shall contact the Risk Management Department at (305) 416-1800 to schedule the inspection(s). 22. Taxes and Fees. Licensee shall pay before any fine, penalty, Interest or costs is added for nonpayment, any and all charges, fees, taxes or assessments levied against the Property (collectively Assessments), its proportionate share of use of the Property and/or against personal property of any kind, owned by or placed in, upon or about the Property by Licensee, including, but not limited to, ad valorem taxes, fire fees and parking surcharges. In the event Licensee appeals an Assessment, Licensee shall immediately notify the City of its intention to appeal said Assessment and shall furnish and keep in effect a surety bond of a responsible and substantial surety company reasonably acceptable to the City Manager, or his designee, or other security reasonably satisfactory to the City Manager, or his designee, in an amount 12 sufficient to pay one hundred percent of the contested Assessment with all interest on it and costs and expenses, including reasonable attorneys' fees, to be incurred in connection with it. 23. Cancellation By Request Of Either Of The Parties Without Cause. Either party may cancel this Agreement at any, time by giving thirty (30) days written notice to the non -canceling party prior to the effective date of the cancellation. 24. Termination By City Manager For Cause. If, at the sole and complete discretion of the City Manager, Licensee in any manner violates the restrictions and conditions of this Agreement, then, and in the event, after ten (10) days written notice given to Licensee by the City Manager within which to cease such violation or correct such deficiencies, and upon failure of Licensee to do so after such written notice within said ten (10) day period, this Agreement shall be automatically canceled without the need for further action. by the City. 25. Notices. All notices or other communications which may be given pursuant to this Agreement shall be in writing and shall be deemed properly served if delivered by personal service or by certified mail addressed to City and Licensee at the address indicated herein or as the same may be changed from time to time. Such notice shall be deemed given on the day on which personally served; or if by certified mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier: CITY OF MIAMI City of Miami Office of the City Manager 444 SW 2 Avenue, 10`h Floor Miami, FL 33130 WITH A COPY TO Director City of Miami Department of Public Facilities 444 SW 2 Avenue, Suite 325 Miami, FL 33130 13 LICENSEE Mr. Aabad R. Melwani, President Rickenbacker Marina, Inc. 3301 Rickenbacker Causeway Miami, FL 33149 25. Advertising. Licensee shall not permit any signs or advertising matter to be placed either in the interior or upon the exterior of the Area or the Property without having first obtained the approval of the Director or his designee, which approval may be withheld for any or no reason, at his sole discretion. Licensee shall, at its sole cost and expense, install, provide, maintain such sign, decoration, advertising matter or other things as may be permitted hereunder in good condition and repair at all times. Licensee must further obtain approval from all governmental authorities having jurisdiction, and must comply with all applicable requirements set forth in the City of Miami Code and Zoning Ordinance. Upon 'the cancellation of this Agreement, Licensee shall, at its sole cost and expense, remove any sign, decoration, advertising matter -or other thing permitted hereunder from the Area or Property. if any part of the Area or Property is in any way damaged by the removal of such items, said damage shall be repaired by Licensee at its sole cost and expense. Should Licensee fail to repair any damage caused to the Area or Property within ten (10) days after receipt of written notice from City directing the required repairs, City shall cause the Area or Property to be repaired at the sole cost and expense of Licensee. Licensee shall pay City the full cost of such repairs within five (5) days of receipt of an invoice indicating the cost of such required repairs. Licensee hereby understands and agrees that the City may, at its sole discretion, erect or place upon the Area or Property an. appropriate sign indicating City's having issued this Agreement. 27. Hazardous Materials. The Licensee shall, at its sole cost and expense, at all times and in all respects comply with all federal, state and local laws, statutes, ordinances and regulations, rules, rulings, policies, orders and administrative actions and orders relating to hazardous materials ("Hazardous Materials Laws"), including, without limitation, any Hazardous Materials Laws relating to industrial hygiene, environmental protection or the use, storage, disposal or transportation -of any flammable explosives, toxic substances or other hazardous, contaminated or polluting materials, substances or wastes, including, without limitation, any "Hazardous Substances", "Hazardous Wastes", "Hazardous Materials" or "Toxic Substances" (collectively "Hazardous Materials"), under any such laws, ordinances or regulations, The Licensee shall, at its sole cost and expense, procure, maintain in effect -and comply with all conditions of any and all permits, licenses and other governmental and regulatory approvals relating to the presence of Hazardous Materials within, on, under or about the Area or Property or required for 14 the Licensee's use of any Hazardous Materials in or about the Area or Property.in conformity with all applicable Hazardous Materials Laws and prudent industry practices regarding management of such Hazardous Materials. Upon cancellation or revocation of this Permit, the Licensee shall, at its'sole cost and expense, cause all Hazardous Materials, including their storage devices, placed in or about the Area or Property by the Licensee or at the Licensee's direction, to be removed from the Area or Property and transported for use, storage or disposal in accordance and compliance with all applicable Hazardous Materials Laws. The Licensee may operate according to the custom of the industry so long as the use or presence of Hazardous Materials is strictly and properly monitored according to, and in compliance with, all applicable governmental requirements.. The requirements of this Paragraph of the License shall survive the cancellation or revocation of this License. The City represents that: To the best of its knowledge there are no environmental violations, whether under federal, state, or local laws, existing on the Area or Property; ' To the best of its knowledge there are no Hazardous Materials presently existing on the Area or Property. 28. Radon Gas. Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. Licensee may, have an appropriately licensed person test the Area or Property .for radon. If the radon level exceeds acceptable.EPA standards, the City may choose to reduce the radon level to an acceptable EPA level, failing which either party may cancel this License. 29. Licenses, Authorizations and Permits. Licensee shall obtain, or cause to be obtained, and maintain in full force and effect throughout the term of this Agreement, at its sole expense, all licenses, authorizations and permits that are necessary for Licensee to conduct its commercial activities. Licensee shall be responsible for paying the cost of said applications and obtaining said licenses, authorizations and permits. 15 30. Compliance With All Laws Applicable. Licensee accepts this Agreement and hereby acknowledges that Licensee's strict compliance with all applicable federal, state and local laws, ordinances and regulations is a condition of this Agreement, and Licensee shall comply therewith as the same presently exist and as they may be amended hereafter. This Agreement shall be construed and enforced according to the laws of the State of Florida. 31, Ownership Of Improvements. As of the Effective Date and throughout the Use Period, all buildings, and improvements thereon shall be vested in City. Furthermore, title to all Alterations made in or to the Area or Property, whether or not by or at the expense of Licensee, shall, unless otherwise provided by written agreement, immediately upon their completion become the property of the .City and shall remain and be surrendered with the Area or Property. 32. Surrender Of Area or Property, in either event of cancellation pursuant to Paragraph 23 or Paragraph 24, or at the expiration of the time limited by the notice, Licensee shall peacefully surrender the Area or Property broom clean and in good condition and repair together with all alterations, fixtures, installation, additions and improvements which may have been made in or attached on or to the Area or Property. Upon surrender, Licensee shall promptly remove all its personal property, trade fixtures and equipment and Licensee shall repair any damage to the Area or Property caused thereby. Should Licensee fall to repair any damage caused to the Area or Property within ten (10) days after receipt of written notice from City directing the required repairs, City shall cause the Area or Property to be repaired at the sole cost and expense of Licensee. Licensee shall pay City the full cost of such repairs within ten (10) days of receipt of an invoice jndicating the cost of such required repairs. At City's option, City may require Licensee to restore the Area or Property so that the Area or Property shall be as it was on the Effective Date. In the event Licensee fails to remove its personal property, equipment and fixtures from the Area or Property within the time limit set by the notice, said property shall be deemed abandoned and j thereupon shall become the sole personal property of the City. The City, at its sole discretion and j 1 1 0 without liability, may remove and/or dispose of same as City sees fit, all at Licensee's sole cost and expense. 33. Severability. It is the express intent of the parties that this Agreement constitutes a license and not a lease. To further this intent, the parties agree as follows: (i) if any provision .of this Agreement, or the application thereof to any circumstance, suggest that a lease, rather than' a license, has been created, then such provision shall be interpreted in the light most favorable to the creation of a license and (ii) if any provision of this Agreement, or the application thereof to any circumstance, is determined by a court of competent jurisdiction to have created a lease rather than a license, then such provision shall be stricken and, to the fullest extent possible, the remaining provisions of this Agreement shall not be affected thereby and shall continue to operate and remain in full force and effect. With. regard to those provisions which do not affect the parties intent for this Agreement, . should any provision, section, paragraph, sentence, word or phrase contained in this Agreement be determined by a court of competent jurisdiction to be invalid, illegal or otherwise unenforceable under the laws of the State of Florida or the City of Miami, such provision, section, paragraph, sentence, word or phrase shall be deemed modified to the extent necessary in order to conform with such laws, or if not modifiable, then same shall be deemed severable, and in either event, the remaining terms and provisions of this Agreement shall remain unmodified and in full force and effect or limitation of its use. 34. invalidity. In the event that any non -material provision of this Agreement shall be held to be invalid for any reason, such invalidity shall not affect the remaining portions of this Agreement and the same shall remain in full force and effect. 35. No Assignment Or Transfer. Licensee cannot assign or transfer its privilege of occupancy and use granted unto it by this Agreement. Any assignment, sale or disposition of this Agreement or any interest therein by Licensee shall result in the automatic termination of this Agreement without notice by the City Manager. 17 36. Public Records. Licensee understands that the public shall have access, at all reasonable times, to City contracts, subject to the provisions of Chapter 119, Florida Statutes, and agrees to allow access by the City and the public to all documents subject to disclosure under applicable law. 37. Conflict of Interest. Licensee is aware of the conflict of interest laws of the City of Miami (Miami City Code Chapter 2, Article V), Dade County, Florida (Dade County Code, Section 2-11.1 et. seq.) and of the State of Florida as set forth in the Florida Statutes, and agrees that it will fully comply in all respects with the terms of said laws and any future amendments thereto. Licensee covenants that no person or entity under its employ, presently exercising any functions or responsibilities in connection with this Agreement, has any persona) financial interests, direct or indirect, with the City. Licensee further covenants that, in the performance of this Agreement, no person or entity having such conflicting interest shall be utilized in respect to services provided hereunder. Any such conflict of interest(s) on the part of Licensee, its employees or associated persons, or entities must be disclosed in writing to the City. 38. Americans With Disability Act. Licensee shall affirmatively comply with all applicable provisions of the Americans with Disabilities Act ("ADA") in the course of providing any work, labor or services funded by the City including Titles I and 11 of the ADA (regarding nondiscrimination on the basis of disability) -and all applicable regulations, guidelines and standards. Additionally, Licensee shall take affirmative steps to ensure nondiscrimination in employment of disabled persons. 39. Nondiscrimination. in the performance of this Agreement or any extension thereof, Licensee and/or its authorized agents shall not discriminate in connection with its occupancy and use of the Area or Property and improvements thereon, or against any employee or applicant for employment because of sex, age, race, color, religion, ancestry or national origin. Licensee and/or its authorized agents will take affirmative action to insure that minority applicants are employed and that employees are fairly treated during employment without regard to their sex, age, race, color, religion, ancestry, or national origin. Such action shall include, but not be limited to, the following: employment, upgrading, demotion or transfer, recruitment or recruitment advertising, layoff or termination, rates of pay or other forms of compensation. 40. Affirmative Action. Licensee shall have in place an Affirmative Action/Equal Employment Opportunity Policy and shall institute a plan for its achievement which will require that action be taken to provide equal opportunity in hiring and promoting for women, minorities, the disabled and veterans. Such plan will include a set of positive measures which will be taken to insure nondiscrimination in the work place as it relates to hiring, firing, training and promotion. In lieu of such a policy/plan, Licensee shall submit a Statement of Assurance indicating that their operation is in compliance with all relevant Civil Rights laws and regulations. 41, Minority/Women Business Utilization, Licensee shall make every good faith effort to purchase/contract fifty-one percent (51%) of its annual goods and services requirements from Hispanic, Black and Women businesses/professionals registered/certified with the City Office of Minority/Women Business Affairs. Such lists will be made available to the Licensee at the time of the issuance of the Agreement by the City and updates will be routinely provided by the City's Office of Minority/Women Business Affairs. 42. Amendments And Modifications. No amendments or modifications to this Agreement shall be binding on either party unless in writing, approved as'to form and correctness by the City Attorney, and signed by both parties. The City Manager Is authorized to amend or modify this Agreement as needed. 43. Attorney(s)' Fees. In the event it becomes necessary for either party to institute legal proceedings to enforce the provisions of this Agreement, each party shall bear its own attorneys' fees through all trial and appellate levels. 19 44. Litigation. Any dispute herein shall be resolved in the courts of Miami -Dade County, Florida. The parties shall attempt to mediate any dispute without litigation. However, this is not intended to establish mediation as a condition precedent before pursuing specific performance, equitable or injunctive relief. 45. Waiver Of Jury Trial. The parties hereby knowingly, irrevocable, voluntarily and intentionally waive any right either may have to a trial by jury in respect of any action, proceeding or counterclaim based on this Agreement, or arising out of, under or in connection with this Agreement or any amendment or modification of this Agreement, or any other agreement executed by and between the parties in connection with this Agreement, or any course of conduct, course of dealing, statements (whether verbal or written) or actions. of any party hereto. This waiver of jury trial provision is a material inducement for the City and Licensee entering into the subject transaction. i i 1 46. Waiver. I Any waiver by either party or any breach by either party of any one or more of the covenants, conditions or provisions of this Agreement shall not be -construed to be a waiver of any subsequent or other breach of the same or any covenant, condition or provision of this Agreement, nor shall any failure on the part of the City to require or exact full and complete compliance by Licensee with any of the covenants, conditions or provisions of this Agreement be construed as in any .manner changing the terms hereof to prevent the City from enforcing in full the provisions hereto, nor shall the terms of this Agreement be changed or altered in any manner whatsoever other than by written agreement of the City and Licensee. 47. Time of Essence. it is expressly agreed by the parties hereto that time is of the essence with respect to this Agreement. If the final day of any period falls on a weekend or legal holiday, then the final day of said period or the date of performance shall be extended to the next business day thereafter. 20 48. No Interpretation Against Draftsmen. The parties agree that no provision of this Agreement shall be construed against any particular party and each party shall be deemed to have drafted this Agreement. 49. Further Acts. In addition to the acts and deeds recited herein and contemplated to be performed, executed and/or delivered by the parties, the parties each agree to perform, execute and/or deliver or cause to be performed, executed and/or delivered any and all such further acts, deeds and assurances as may be necessary to consummate the transactions contemplated hereby. 50. Third Party Beneficiary. This Agreement is solely for the benefit of the parties hereto and no third party shall be entitled to claim or enforce any rights hereunder. 51. No Partnership. Nothing contained herein shall make, or be construed to make any party a principal, agent, partner or joint venturer of the other. 1 52. Headings. Title and paragraph headings are for convenient reference and are not a part of this Agreement. 53. Authority. Each of the parties hereto acknowledges it is duly authorized to enter into this Agreement and that the signatories below are duly authorized to execute this Agreement in their respective behalf. 54. Entire Agreement. This instrument and its attachments constitute the sole and only agreement of the parties hereto and correctly sets forth the rights, duties and obligations of each to the other as of its date. Any prior agreements, promises, negotiations or representations not expressly set forth in this Agreement are of no force or effect. 21 55. Special Provisions. None. This Agreement is the result of negotiations between the parties and has been typed/printed by one party for the convenience of both parties, and the parties covenant that this Agreement shall not be construed in favor of or against either of the parties. 22 IN WITNESS WHEREOF, the parties hereto have executed this Agreement of the day and year first above written, ATTEST: CITY OF MIAMI, a municipal corporation of the State of Florida By: By: Priscilla A, Thompson, CMC Pedro G. Hernandez City Clerk City Manager APPROVED AS TO INSURANCE APPROVED AS TO FORM AND REQUIREMENTS: CORRECTNESS: By: By: LeeAnn Brehm Julie O. Bru Director City Attorney Department of Risk Management . WITNESS: LICENSEE By: By: Signature Signature Print Name Print Name By: Signature Print Name 23 Date EXHIBIT A DEPICTION OF AREA OR PROPERTY 24 0 EXHIBIT B INTERNAL IMPROVEMENT FUND, STATE OF FLORIDA DEED NO #18030 25 , oK FACE248 INTERNAL IhPR0VE-7-WT FUND, STATE On IL0RID4. DEED NC. 180950 ICIIOW IL UE -17 BY THESE YRESLP?TB: That the undersigned, the Trustees of the Inter na.l Improvement Fund of the Stlte of Florida, under and by virtue of the authority of Senate Bill No. 6S2, Chapter 13666, Laws of Florida, Acts of 1929, and for and in consideration of the sura of TWO TKUSLYD SIX HU=D SEVE E'E'N & 50/100 DOLLARS ($2,517.50) , representing the estimated interest of the State School Fund in and to said C lands as provided by the State Constitution, to them in hand paid by the City of Miami, a municipal Corporation of the State of Florida, receipt of which is hereby achnowledged, have granted, bar gained, sold and conveyed to the laid City of Miami for kunicipal purposes only, and to its successors, forever, the following described submerged and partly submerged lands, situate lying and being in Dade County, Florida., to -wit: Beginning at a point on the East boundary of Section 8, in Township 54 South, Range 42 East, Dade County., Florida, 1000 feet North of the Southeast corner of said Section 8; Thence West parallel with the South boundary of said Section 8, a distance of 5280 feet more or less, to a point on the West boundary of said Section 8, 1000 feet North of the Southwest •corner•thereof; Thence South on the West boundary of Section S to the Southwest corner of the Section; Thence ;fest on the.North boundary of Section 18, 1000 feet; Thence South to a paint 150 feet North of the center line of the proposed Causeway,. said distance of 1S0 feet,being measured at right angles to the axis of the said Causeway; Thence Northwesterly parallel with and at a distance of 150 feet at right angles with said Causeway to a point where the said line intersects the harbor and bulkh®a$ line as established by the United States on the West side of Biscayne Bay; Thence following said Harbor and Bulkhead line Southwesterly to a point 150 feet Southwesterly of the center line of said Causeway as measured at right angles thereto; Thence Southeasterly parallel with and at a distance of 150 feet from the center line of said proposed Causeway to a point 1000 feet West of the Eastern boundary of Section 18; 80D1(k t�3 �r M PAGE Thence South to the intersection of said line with the South boundary'pf said Section 1B.- Thence 8; Thence continuing in Section 19, 1000 feet; Thence East 1000 feet, more or less, to the Eastern boundary of ss.id Section 19; Thence South along the Eastern boundary of Section 15, 1300 feet, more or less; Thence in an Easterly direction to connect with the Southwestern extremity of Virginia Key; Thence following the West shore line of Virginia Key in a general Northerly and Northeasterly dir5ection to its intersection with the East boundary of Section 17; Thence North along the E-st boundary of Section 17, to the Northeast corner of said Section; Thence Voith along the East boundary of Section 8, a distance of 1000 feet to the point of beginning- first above described. Containing 1,047 acres, more or less, all being in Township and Range first above described. TO Ei3VE AND TO HOLD the said above mentioned and described land and premises and all the title and interest in the Trustees therein unto the said Oity of Miami and its successors, for municipal purposes only, forever, provided, that this conveyance shall in no way extinguish or effect any lawftl lien or trust deed mortgaging riparian.rights which may conflict with the above conveyance, or any prior or present existing rights of any party or parties, owning or having an equity in lands or bottoms adjacent to the tract hereby conveyed, and, this conveyance is made expressly subject to such provisions-. SAVING AND RZSERVING unto the Trustees of the Internal Improvement Fund of Florida, and their successors, an undivided three-fourths interest in and title in and'. to an undivided J three-fourths interest in all the phosphate, minerals and metals that are or may be in, on or under the said above described lands, and in undivided one-half interest in and title in and to an undivided one-half interest in all the petroleum that is or may be in or under the said above described land, with the privilege to mine and develop the same. IN WITiFiSS }9iiMOF, The Trustees of the Internal Improve- ment Fund of the State of Florida have hereunto subscribed their sooi,,1325 PAaE,21,50 names and affixed their seals, and have caused the seal of the DEPAAMMLT Or, AGRICULTIM OF THE, STATE OF FLOP.Irl , to be hereunto affixed, at the Capitol, in the City of Tallahassee, on this the day ofjujy, A. .-. nineteen Hundred and. Twenty- Vins. (SEAL) —T--GDVMZR.- _(SEAL ) COMPTROLLER. (OLIAL) TRE A SUMM. if�i�, ' (SEAL) AT TOPLIFE Y — GE WERkL . ISSI C, --Z14. WC1110( ADM' EXHIBIT C INSURANCE Commercial General Liability A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence: $ 1,000,000 General Aggregate Limit: $ 2,000,000 Products/Completed Operations: $ 1,000,000 Personal and Advertising Injury: $ 1,000,000 Damage to Rented Premises: $ 100,000 B. Endorsements Required City of Miami included as an Additional Insured Employees included as insured Independent Contractors Coverage 11, All Risk Property Insurance A. Limits of Liability 100% replacement cost of improvements, fixtures, equipment, furniture and all other personal property in and about the Areas. Loss or damage by fire, windstorm. B. Endorsements Required Extended coverage Vandalism Malicious Mischief Flood and special coverage This requirement may be waived provided that Licensee executes a full release holding the City harmless for any damages incurred by Licensee due to the above mentioned causes as defined in a standard All Risk policy. III. _ Business Automobile Liability A. Limits of Liability Bodily Injury and Property Damage Liability Combined Single Limit Owned, Hired and Non Owned Autos Any One Accident $ 1,000,000 B. Endorsements Required , City of Miami included as an Additional insured 26 IV. Worker's Compensation Limits of Liability Statutory -State of Florida Vl. Employer's Liability Limits of Liability $100,000 for bodily injury caused by an accident, each accident. $100,000 for bodily injury caused by disease, each employee $500,000 for bodily injury caused by disease, policy limit V. Building and Business Personal Property A. Causes of Loss: Special B. Valuation: Replacement Cost C. Business Interruption including Extra Expense Companies authorized to do business in the State of Florida, with the following qualifications, shall issue all insurance policies required above. The City's Department of Risk Management, reserves the right to reasonably amend the insurance requirements by the issuance of a notice in writing to Licensee. The Licensee shall provide any other insurance or security reasonably required by the City. The policy or policies of insurance required shall be so written that the policy or policies may not be canceled or materially changed without thirty (30) days advance written notice to the City. Said notice should be delivered to the City of Miami, Department of Risk Management, 444 5W 2 Avenue, 9t" Floor, Miami, Florida 33130, with copy to.City of Miami, Department of Public Facilities, 444 SW 2 Avenue, 3`d Floor, Miami, .Florida 33130, or such other address that may be designated from time to time. The company must be rated no less than "A" as to management, and no less than "Class V" as to Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to review and verification by Risk Management prior to insurance approval. Current evidence and policy of insurance evidencing the aforesaid required insurance coverage shall be supplied to the City of Miami, Department of Public Facilities /Asset Management Division at the execution of this Agreement and a new evidence and policy shall be supplied at least twenty (20) days prior to the expiration of each policy period. Receipt of any documentation of insurance by the City or by any of its representatives, which indicates less coverage than required does not constitute a waiver of the Licensee's obligation to fulfill the insurance requirements herein. In the event Licensee shall fail to procure and place such insurance, the City may, but shall not be obligated to,. procure and place same, in which event the amount of the premium paid shall be paid by Licensee to the City as an additional fee upon demand and shall in each instance be collectible on the first day of the month or any subsequent month 27 following the date of payment by the City. Licensee's failure to procure insurance shall in no way release Licensee from its obligations and responsibilities as provided herein. 28