HomeMy WebLinkAboutSubmittal-MAM and MSM Lease Amemdments Term SheetMAM AND MSM LEASE AMENDMENTS
TERM SHEET
Hei-,ht Limitation: Increase the height limitation of the Improvements to 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 approx 10' of additional height covering not more
than 30% of the roof, and (b) other penetrations of up to 40' of
additional height not exceed 10% of the roof. Subsection (b) is
consistent with the Cooper Robertson Museum Park Design
Guidelines (it allows for up to 40' of additional height covering
10% of the. roof but not 30% of the roof).
FDOT Area: Provides for the Museums' intent to locate the access road and
vehicular turnaround under the Plaza and within the Museums'
sites (Cooper Robertson's Plan called for the turnaround area to be
on land owned by FDOT (the FDOT Area). City agrees to use
reasonable efforts to lease the FDOT Area for landscaping,
sculpture garden, access to bay and non -permanent improvements,
if it obtains a lease from FDOT that is acceptable to all parties.
(MAM only) Acknowledges the City/FDOT negotiations to
obtain title to the "triangular" area and, upon City's acceptance of
title, said area becomes part of the MAM Leased premises.
Parking: Due to the relocation of the access road and vehicular turnaround
under the Plaza, parking spaces are reduced from 480 to 440. If
only 1 museum is built, it will provide 300 parking spaces under
grade level, provided it leases additional land from the City (i.e.
from the land leased to the terminated/not built museum).
Construction Easement: Exhibit D-2 is replaced is new exhibit that limits the size of the
easement.
Bond Covenant: Includes covenant required to comply with Homeland Defense
Bond Program.
Green Initiative: Museums commit to achieve LEED Silver certification.
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Doc. No.: 174355
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