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HomeMy WebLinkAboutAttachment 2ATTACHMENT 2 5/21/09 FIRST AMENDMENT TO LEASE AGREEMENT (MIAMI SCIENCE MUSEUM PROJECT) THIS FIRST AMENDMENT TO LEASE AGREEMENT (MIAMI SCIENCE MUSEUM PROJECT) ("First Amendment") is made and entered into this day of '2009, by and between the CITY OF MIAMI, a municipal corporation of the State of Florida (the "City"), and MUSEUM OF SCIENCE, INC., a Florida not-for-profit corporation (the "Museum"). WITNESSETH: WHEREAS, on December 11, 2008, the City Commission of the City passed and adopted Resolution No. R08-0707, approving the terms of, and authorizing the City Manager to execute, a Lease Agreement between the City and the Museum to lease to the Museum approximately four (4) acres of land located in Bicentennial Park (a/k/a "Museum Park"), more particularly described in Exhibit A attached hereto and incorporated herein (the "MSM Site"), for the development, construction, management and operation of a first class accredited science museum; and WHEREAS, the City and the Museum entered into that certain Lease Agreement (Miami Science Museum Project) dated as of April 6, 2009 (the "Lease"), pursuant to which the Museum leases the MSM Site from the City, for an initial term of thirty (30) years, with automatic renewal terms and on the other terms and conditions set forth therein; and WHEREAS, the City and the Museum desire to modify certain provisions of the Lease, on the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City and the Museum hereby agree that the foregoing recitals are true and correct, and further agree as follows: 1. Definitions. All capitalized terms used in this First Amendment shall have the definitions ascribed to such terms in the Lease, unless defined or amended in this First Amendment. The term "Lease", as used in the Lease, shall be and is hereby amended to refer to the Lease, as amended hereby. 2. Improvements. The City and the Museum hereby agree to modify the maximum height limitation imposed on the Improvements under the Lease. Accordingly, the last sentence of the definition of "Improvements" in Section 1.1(11) of the Lease is hereby deleted in its entirety and replaced with the following: The Improvements shall not exceed a height of seventy (70) feet measured from the finished level of the plaza, with vertical penetration of the height limit above the 70' envelope for (a) a floating roof of approximately ten (10) feet of additional height covering not more than 30% of the roof.' area, and (b) other penetrations not exceeding forty (40) feet of additional height and not exceeding 10% of the roof area pursuant to the Museum Park Miami Museum Area Design Guidelines dated December 2006 and provided by Cooper Robertson. V2 MIA 180, 509, 809 3. FDOT Area. Pursuant to the terms of Section 3.6 of the Lease, the City, the Museum and MAM presently intend to locate the access road and vehicular turnaround for the Improvements within the MAM Site and the MSM Site. 4. Common Areas and Parking. The City and the Museum hereby agree as follows: (a) The minimum number of parking ,spaces in the Parking Facility shall be reduced from 480 parking spaces to 440 parking spaces., All references in Sections 3.5, 3.6(b) and 3.7 of the Lease to the minimum number of parking spaces in the Parking Facility are hereby modified accordingly. (b) Section 3.5 of the Lease requires the Museum to provide 300 parking spaces in the event the MAM Lease is terminated prior to the completion of construction of the MSM Museum. The Parties agree that the 300 parking spaces will be provided in accordance with Section 3.3 of the Development Agreement. (c) If the City leases the additional land to the Museum from the MAM Site pursuant to paragraph 4(b) above, any such additional land shall be excluded from the obligation of the City under Article XXV of the Lease to maintain and operate the entire MAM Site as open green park space as part of the Park Component. 5. Construction Staging and Parking Easement. The City and Museum hereby agree that Exhibit D-2 to the Leases (depicting the location of the Construction Staging and Parking Easement) is hereby deleted in its entirety and replaced with revised Exhibit D-2 attached hereto showing the current agreed upon location of the Construction Staging and Parking Easement. All references in the Lease to Exhibit D-2 shall be modified to mean and refer to revised Exhibit D-2 attached to this First Amendment. Since Museum Drive access may not always be available during construction, the City further agrees to provide access to the Museum's construction sites through other areas of the Park, in the event such access is needed by the Museum and to the extent possible, provided such access does not interfere with the construction of the City parking garage. 6. Bond Covenants. (a) A new definition is hereby added to Section 1. 1, as follows: OJj) Homeland Defense/Neighborhood Capital Improvement Projects Bond Program" shall mean the City's "Homeland Defense/Neighborhood Capital Improvement Projects Bond Program" approved by a referendum of City voters on November 13, 2001 for the City's issuance of $255 million in limited ad valorem tax bonds for homeland security, neighborhood improvements, capital projects and infrastructure improvements, of which the City allocated a total of $3,500,000 to the Museum for its portion of the Museum Park Project. (b) Article IV is amended to add a new Section 4.5 as follows: Section 4.5 Continuous Duty to Comply with Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and v2 MIA 180, 509,809 Building Better Communities General Obligation Bond Program. The Parties acknowledge that the Museum has entered into certain grant and funding agreements with the City regarding the Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and with the County regarding the Building Better Communities GOB Agreements that require continuous compliance with U.S. Internal Revenue Code requirements, as amended from time to time, for uses of proceeds of tax-exempt limited ad valorem and general obligation bond financings. If for any reason the Museum, any Leasehold Mortgagee, or any new entity for transfer of the Museum Leased Premises experience(s) any difficulty beyond the reasonable control of the Museum in fulfilling such continuing compliance requirements, the Parties shall meet to address the problems and use good faith diligent efforts to resolve any issues and make appropriate adjustments in order to maintain the tax-exempt status of the respective City Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and County Building Better Communities General Obligation Bond Program. "The Museum acknowledges, agrees, and covenants that no tax-exempt bond proceeds shall be used for the planning, design, construction, operation, or management of any of the commercial use areas, including but not limited to any areas to be used for the commercial components of the Ancillary Uses. The Museum further acknowledges, agrees, and covenants that the future Management Agreement shall contain continuing tax-exempt bond compliance covenants." (c) Section 16. 1., Assignment and Subletting of Leased Premises, is hereby amended as follows: The last sentence of the first paragraph is amended to read as follows: "For purposes of this Section, any change (a) in the status of the Museum so that it shall cease to be a not-for-profit entity under Section 501(c)(3) of the Internal Revenue Code, and/or (b) in the uses of the Leased Premises so that such use(s) will no longer comply with the City's Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and/or the County's Building Better Communities General Obligation Bond Program compliance requirements, shall constitute an unauthorized Transfer." The last provision of last sentence of the second paragraph is amended to read as follows: "(d) the Museum has provided to the City, for its review and approval, not less than fifteen (15) days in advance of the actual transfer, such documents relating to the Transfer as the City may reasonably request including, but not limited to, the relevant experience of the new entity, makeup of the new entity, evidence of not-for-profit status under Section 501(c)(3) of the Internal Revenue Code of the new entity, and evidence that the uses of the Leased Premises by the new entity will be in compliance with the City's Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and/or the County's v2 MIA 980, 509, 809 Building Better Communities General Obligation Bond Program compliance requirements. (d) Section 17.3, Rights of Leasehold Mortgagees. A new provision (v) is hereby added to subsection (e) to read as follows: (iv) Notwithstanding provision (iii) above regarding designation as a Section 501(c)(3) not-for-profit corporation under the Internal Revenue Code, as amended, and Section 17.3(d) above, any such lessee under such new lease shall become automatically responsible for complying with the City's Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and/or the County's Building Better Communities General Obligation Bond Program compliance requirements. (e) Section 20.1 Events of Default — Museum. A new provision (v) is hereby added to subsection (a) to read as follows: (v) The failure of the Museum, a Leasehold Mortgagee or its designee, or any new lessee to comply with the use requirements for the Leased Premises under the City's Homeland Defense/Neighborhood Capital Improvement Projects Bond Program and/or the County's Building Better Communities General Obligation Bond Program compliance requirements. 7. Green Initiatives. The last sentence of Section 5.7 is hereby deleted in its entirety and replaced with the following: "The Museum shall achieve LEED Silver certification for the MSM Museum." 8. Miscellaneous. (a) This First Amendment shall be construed and governed in accordance with the laws of the State of Florida. (b) This First Amendment may be executed in any number of counterparts and by the separate parties hereto in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. (c) Each party hereby represents and warrants to the other parry that (i) it has the full right and authority to enter into this First Amendment, and (ii) this First Amendment is a binding and valid document enforceable in accordance with its terms. (d) This First Amendment shall be deemed a part of, but shall take precedence over and supersede any provisions to the contrary contained in the Lease. Except as modified hereby, all of the provisions of the Lease, which are not in conflict with the terms of this First Amendment, shall remain in full force and effect, and, as modified hereby, the Lease is hereby ratified and confirmed in all respects. v2 MIA 180, 509, 809 (e) This First Amendment shall be binding upon the parties hereto and their respective successors and permitted assigns. IN WITNESS WHEREOF, the parties have executed this First Amendment as of the day and year first above written. ATTEST: M. Priscilla A. Thompson City Clerk APPROVED AS TO FORM AND CORRECTNESS: THE CITY OF MIAMI, a municipal corporation. of the State of Florida Pedro G. Hernandez City Manager APPROVED AS TO INSURANCE REQUIREMENTS By: By: Julie O. Bru LeeAnn Brehm, Risk Management City Attorney Administrator WITNESSES: MUSEUM OF SCIENCE, INC., a Florida not-for-profit corporation By: Print Name: Print Name: Title: Title: Print Name: Title: v2 MIA 180, 509,809 Exhibit A MSM Site E%HIBIT A SHEET 1 OF 2 LEGAL DESCRIPTION PORTIONS OF TRACT A, "BICENTENNIAL PARK," AS RECORDED IN PLAT BOOK 140 AT PAGE 50, OF THE PUBLIC RECORDS OF MIAMI—DADE COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHEAST CORNER OF SAID TRACT A: THENCE ALONG THE NORTH LINE OF SAID TRACT A S87'42'09"W FOR 372.15 FEET; THENCE ALONG THE NORTHERLY LINE OF SAID TRACT A S64'34'15"W FOR 250.56 FEET TO THE POINT OF BEGINNING OF A PARCEL OF LAND HEREINAFTER DESCRIBED: THENCE S25'25; 45"E FOR 300.00 FEET; THENCE S64'34'15"W FOR 90.00 FEET; THENCE S54'35'23"W FOR 115.39 FEET; THENCE S64'34'15"W FOR 247.15 FEET; THENCE N80'05'29"W FOR 138.92 FEET; THENCE N80'04'38"W FOR 93.39 FEET; THENCE N80'02'43"W FOR 81.74 FEET TO A POINT ON THE WEST LINE OF SAID TRACT A, SAID POINT BEING THE POINT OF NON—TANGENT CURVATURE OF A CIRCULAR CURVE, CONCAVE TO THE SOUTHEAST, SAID CURVE HAVING A RADIUS OF 1,500 FEET, AND TO WHICH POINT A RADIAL LINE BEARS N78'58'41 "W; THENCE NORTHERLY ALONG THE WEST LINE OF SAID TRACT A AND ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 6'28'20" AN ARC DISTANCE OF 169.44 FEET TO A POINT OF COMPOUND CURVATURE OF A CIRCULAR CURVE, CONCAVE TO THE SOUTHEAST, SAID CURVE HAVING A RADIUS OF 25.00 FEET; THENCE NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID TRACT A AND ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 47'04'10" AN ARC DISTANCE OF 20.54 FEET TO A POINT OF TANGENCY ON THE NORTHERLY LINE OF SAID TRACT A; THENCE ALONG THE NORTHERLY LINE OF SAID TRACT A N64'34'15"E FOR 580.47 FEET TO THE POINT OF BEGINING. SAID LANDS BEING SITUATED WITHIN THE CITY OF MIAMI, MIAMI—DADE COUNTY, FLORIDA, AND CONTAINING 4.42 ACRES, 192,330 SQUARE FEET, MORE OR LESS. SEE SHEET 2 OF 2 FOR SKETCH AND SURVEYOR'S NOTES. THIS SKETCH DOES NOT SKETCH TO ACCOMPANY LEGAL DESCRIPTION REPRESENT A BOUNDARY SURVEY CERTIFIED TO: 1 HEREBY CERTIFY THAT THIS SKETCH MEETS THE MINIMUM TECHNICAL STANDARDS AS SET FORTH BY THE FLORIDA BOARD Of PROFESSIONAL SURVEYORS MIAMI SCIENCE MUSEUM AND MAPPERS IN CHAPTER 81G17—B, FLORIDA ADMINISTRATIVE CODE PURSUANT TO SECTION 472.027, FLORIDA STATUTES. DATED THIS 12 DAY OF MARCH 2009 A.D. SAMUEL M. RSCHBEIN MILLER' L E G G PROFESSIONAL SURVEYOR AND MAPPER STATE OF FLORIDA REGISTRATION TNo.HE 3567 NOT SEAL F A FLORIDATHE SIGNATURE SED AND THE ORI Mj RAISED SEAL OF A FLOLICENSED SURVEYOR AND Mi MTC R E V I S 1 0 N S wk aac. Miaml•Dade Office: 10418 N.W 31st Terrace CERTIFICATE OF AUTHORIZATION: LB5380 Miami, Florida • 33172-1200 305-599.6381• Fax; 305-699-2797 vxoxcr na Z xo. DRAWN BY: S.T.H. CHECKED BY: S.M.F. www.milledegp.com 08-00253 ALL EASEMEI \PROJW73\2008\08-00253 — MWU SCIENCE MUSEUM\ORAWINCS\SUR"NO\0e-00253—EASEMENTS.DWO 4/1/09 by SNN1 1 of 2 SHEET 2 OF 2 EXHIBIT A P.O.C. NE CORNER EAST LINE TRACT "A" TRACT "A' P.B. 14D, PG. 50, D.C.R: P.B. 140, PG. 50, D.C.R. f NORTH BOUNDARY TRACT "A" o t P.B. 140, PG. 50, iC N D.C.R. r I` "' (A-2) v°� i MM ART MUSEUM 0i0 tea' TRACT A 2525% i°N BICENTENNIAL PARK PSI.140 PG. 50 P.O.B. SURVEYORS NOTES: SIJI 1) NOT VALID WITHOUT THE SIGNATURE AND ` 192,330 sq. ft. ORIGINAL RAISED SEAL OF A FLORIDA 4.42 acres PROFESSIONAL SURVEYOR AND MAPPER. ` \\ ,y er 2) DATE PREPARED: 12 MARCH 2009, VNI. (8-2) �� 3) THIS SKETCH TO ACCOMPANY LEGAL WILISELIM DESCRIPTION CONSISTS OF SHEETS 1 THROUGH ���1` �` N N Do 2, AND NO PORTION IS VALID WITHOUT THE ',� m I d n REST. , izi : o 0 CO _z Ib� GRAPHIC SCALE z 0 100 200 400 o R ;5 9.44, 00, 00 :L MILLER�LEGG MIamFDedo 019co:1041 a N.W 3131 Tor= Mlad, Fblkla • 33172.1200 30559943M1 • Fat 305-599.2797 www.mllbAepp.com e of Authorization L.B. 6680 THIS SKETCH DOES NOT REPRESENT A BOUNDARY SURVEY rmwT N0' me N0. MIAMI SCMNCE MUSEUM OB 00253 ALL PARCELS 2 of 2 ( IN FEET) d LO i� 28 20" �3 WEST LINE TRACT "A" 1 INCH = 200 FEET `j p a P.B. 140, PG. 50, D.C.R, coo LEGEND i�jro IN P.O.B. POINT OF BEGINING P.O.C. POINT OF COMMENCEMENT P.B. PLAT BOOK PG. PAGE D.C.R. DADE COUNTY RECORDS MILLER�LEGG MIamFDedo 019co:1041 a N.W 3131 Tor= Mlad, Fblkla • 33172.1200 30559943M1 • Fat 305-599.2797 www.mllbAepp.com e of Authorization L.B. 6680 THIS SKETCH DOES NOT REPRESENT A BOUNDARY SURVEY rmwT N0' me N0. MIAMI SCMNCE MUSEUM OB 00253 ALL PARCELS 2 of 2 EXHIBIT D-2 3 . . . . `•`, INI �� e ................. I 3 i ....411...;. _ '1.-,... , .....