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HomeMy WebLinkAboutExhibit 5-28-09 SUBDEVELOPMENT AGREEMENT FOR MUSEUM PARK PROJECT by and among THE CITY OF MIAMI, a municipal corporation of the State of Florida and MUSEUM OF SCIENCE, INC., a Florida not-for-profit corporation and MIAMI ART MUSEUM OF DADE COUNTY ASSOCIATION, INC., .a Florida not-for-profit corporation JULY 9, 2009 MIA LASHN 180,509,934x5 5.7-09 090409,090000 TABLE OF CONTENTS x MIA LASHN 180, 509,934v5 5-7-09 090409,010000 Page ARTICLE I GENERAL PROVISIONS............................................................................... 2 ARTICLE II SITE CONDITIONS, INSPECTIONS, ACCEPTANCE .............................. 10 ARTICLE III MUSEUM PARK PROJECT......................................................................... 10 ARTICLE IV MSM MUSEUM, MAM MUSEUM, AND PARK COMPONENT PLANS AND CONSTRUCTION.................................................................. 15 ARTICLEV FUNDING...................................................................................................... 24 ARTICLE VI APPROVAL PROCEDURE.......................................................................... 25 ARTICLE VII RELATED DOCUMENTS............................................................................ 26 ARTICLE VIII MORTGAGEES............................................................................................. 27 ARTICLE IX INSURANCE, CASUALTY AND INDEMNIFICATION ........................... 27 ARTICLEX DEFAULT...................................................................................................... 29 ARTICLE XI DISPUTE RESOLUTION PROCEDURES ................................................... 31 ARTICLE XII MISCELLANEOUS PROVISIONS.............................................................. 33 x MIA LASHN 180, 509,934v5 5-7-09 090409,010000 DEVELOPMENT AGREEMENT FOR MUSEUM PARK PROJECT THIS DEVELOPMENT AGREEMENT FOR MUSEUM PARK PROJECT (the "Agreement") is made as of the 9th day of July, 2009, by and between THE CITY OF MIAMI, a municipal corporation of the State of Florida (the "Ci'), MUSEUM OF SCIENCE, INC., a Florida not-for-profit corporation ("MSM"), and MIAMI ART MUSEUM OF DADE COUNTY ASSOCIATION, INC., a Florida not-for-profit corporation ("MAM"), All capitalized terns used herein shall have the meanings set forth in Section 1.2 below, unless otherwise indicated. WHEREAS: WHEREAS, the City is owner in fee simple of all that certain land located in the Greater Miami downtown area, in Miami -Dade County, Florida, known as both "Bicentennial Park" and "Museum Park", which is legally described or depicted in Exhibit A attached hereto ("Museum Park"); and WHEREAS, on July 25, 2002, the City Connmission of the City of Miami (the "City Commission") passed and adopted Resolution No. 02-862 authorizing and directing the City Manager and City Attorney, inter alia, to negotiate (and finalize negotiations) with MAM and MSM, for the development of new museum facilities in Museum Park, including without limitation the terms and conditions of each museum's respective tenancies in Museum Park; and WHEREAS, the Board of County Commissioners of Miami -Dade County, Florida, passed and adopted Resolution Nos. R-912-04, R-913-04, R-914-04, R-915-04, R-916-04, R- 917-04, R-918-04 and R-919-04, which authorized the issuance of $2.926 billion in general obligation bonds for capital projects, including a new art museum and science museum within Museum Park, which bonds were approved by a majority of those voting on November 4, 2004; and WHEREAS, on September 12, 2008, (i) the City, (ii) Miami Sports and Exhibition Authority, an independent and autonomous agency and instruanerntality of the City (the "Authority 1), (iii) Miami -Dade County, a political subdivision of the State of Florida (the "County"), (iv) MAM, (v) MSM, and (vi) the Historical Association of Southern Florida, Inc., a Florida not-for-profit corporation, entered into a Memorandum of Understanding (the "MOU"), concerning the development, design, construction and operation of the various components of the "Museum Park Project" (defined below) in Museum Park; and WHEREAS, the MOU was approved by the Board of Directors of the Authority on May 14, 2008 and by the County Board of Comini§sioners and the City Com nissiorn by Resolution Numbers R-435-08 and R-08-0290, respectively; and WHEREAS, the MOU provides for the City to lease a portion of Muse-Lun Park more particularly described or depicted in Exhibit B attached hereto and incorporated -herein (the "PropertX") to the Authority, and for the Authority to thereafter sublease portions of the Property to each museum, for the development and operation of a first class art museum, a first class MIA LASHN 180, 509,934V5 5-7-09 090409.010000 science museum and other related facilities and improvements all in accordance with the provisions of Section 29-B of the City Charter; and WHEREAS, on November 13, 2008, the City Commission of the City passed and adopted Resolution No. R-08-0653, authorizing and directing the City Manager to negotiate and finalize the definitive documents for the Museum Park Project directly with MSM and MAM, without the involvement. of the Authority, to implement the Museum Park Project in a more efficient manner; and WHEREAS, pursuant to that certain Lease Agreement dated April 6, 2009 by and between the City, as landlord, and MSM, as tenant (the "MSM Lease"), authorized pursuant to resolution No. R-08-0707 adopted by the City Commission on December 11,' 2008, the City has ground leased to MSM a portion (the "MSM Site") of the Property consisting of approximately four (4) acres as legally described on Exhibit C attached hereto (together with any improvements now or hereafter constructed thereon, the G°MSM Premises"); and WHEREAS, pursuant to that certain Lease Agreement dated April 6, 2009 by and between the City, as landlord, and MAM, as tenant (the `IMAM Lease"), authorized pursuant to resolution No. R-08-0707 adopted by the City Commission on December 11, 2008, the City has ground leased to MAM a portion (the "MAM Site") of the Property consisting of approximately four (4) acres as legally described on Exhibit D attached hereto (together with any improvements now or hereafter constructed thereon, the `IMAM Premises"); and WHEREAS, MSM desires, pursuant to the MOU and the MSM Lease and subject to fulfillment of the conditions and in accordance with the other terns, provisions and conditions hereinafter set forth, to develop, construct and operate a science museum on the MSM Premises; and WHEREAS, MAM desires, pursuant to the MOU and the MAM Lease and subject to fulfillment of the conditions and in accordance with the other terns, provisions and conditions hereinafter set forth, to develop, construct and operate an art museum on the MAM Premises; and WHEREAS, the City desires, pursuant to the MOU and subject to fulfillment of the conditions and in accordance with the other terns, provisions and .conditions hereinafter set forth, to develop, construct and operate a park on the Park Component. NOW, THEREFORE, in consideration of the foregoing, the covenants and conditions hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City, MSM and MAM hereby covenant and agree as follows: ARTICLE I GENERAL PROVISIONS Section 1.1. Recitals and Exhibits. The recitals above and exhibits attached hereto are incorporated herein by this reference. Section 1.2. Definitions. Unless otherwise provided herein, all initial capitalized terms used in this Agreement shall have the meanings indicated below: (a) "Agreed Share" shall have the meaning ascribed to it in Section 3..2 of this Agreement. (b) "Agreement" shall mean this Development Agreement. (c) "Applicable Laws" shall mean any law (including without lianitation, any Environmental Law), enactment, statute, code, ordinance, administrative order, charter, tariff, resolution, order, rule, regulation, guideline, judgment, decree, writ, injunction, franchise, pennit, certificate, license, authorization, or other direction or requirement of any Governmental Authority, political subdivision, or any division or department thereof, now existing or hereafter enacted; adopted, promulgated, entered, or issued. (d) "Approvals" shall mean all governmental approvals and permits required under any Applicable Laws for the commencement of construction of the Museums or the Park- Component in accordance with the Construction Plans, as applicable. (e) "Approval Procedure" shall have the meaning ascribed to it in Article VI of this Agreement. (fl "Arbitration" shall mean the arbitration procedures set forth in Article XI of this Agreement. (g) "Authorit ' shall mean Miami Sports and Exhibition Authority, an independent and autonomous agency and instrumentality of the City. (h) `Building Better Communities General 'Obligation Bond Agreements" shall mean that certain agreement entitled "Miami -Dade County Building Better Communities Grant Agreement / New Miami Museum of Science & Planetarium Facility/Historical Museum of South Florida / GOB Project Number 297-70430" and dated June 16, .2008, together with that certain agreement entitled "Miami -Dade County Building Better Communities Grant Agreement /New Miami Art Museum Facility /GOB Project Number 296-70428" and dated May 29, 2008, and the subsequent similar agreements to be executed by MSM and MAM as a requirement of the funding of the construction of the Museums by the County, all as . authorized under the Board of County Commissioners of Miami -Dade County, Florida, Resolution Nos. R-912-04, R-913-04, R-914-04, R-915- 04, R-916-04, R-917-04, R-918-04 and R-919-04, which authorized the issuance of $2.926 billion in- general- obligation bonds for capital projects and as approved on November 2, 2004, by a majority of those voting. (i) "Qty' shall mean the City of Miami, a municipal corporation of the State of Florida. 0) "City Commission" shall mean the City Commission of the City of Miami. (k) "City Project Liaison" shall have the meaning ascribed to it in Section 4.3 of this Agreement. (1) "Construction Plans" shall mean the final construction drawings, working plans and specifications in sufficient detail for the permitting and construction of the MSM Museum, the MAM Museum, and the Park Component, as applicable, to the extent required for permitting particular improvements. The Construction Plans for each component shall also include a projected progress schedule for completion of such component. (in) "Cooper Robertson" shall mean Cooper Robertson & Partners, an architecture and urban design firm. (n) "County" shall mean Miami -Dade County, a political subdivision of the State of Florida. (o) "County Project Liaison" shall have the meaning ascribed to it in Section 4.4 of this Agreement. (p) "CSBE" shall have the meaning ascribed to it in Section 4.6 of this Agreement. (q) "CWP" shall have the meaning ascribed to it in Section 4.6 of this Agreement. (r) "DTA" shall have the meaning ascribed to it in Section 4.6 of this Agreement: (s) "Effective Date" shall mean the date of the final signature of this Agreement by the Parties. (t) "Environmental Laws" shall mean any federal, state, regional, or local (a) law, statute, ordinance, provision, regulation, rule, court order, judicial or administrative order, decision, determination, decree, consent order, consent decree, consent agreement, or other legal requirement, (b) permit, license, authorization, or approval, or (c) administrative policy, guideline, or standard required or legally imposed by a Governmental Authority (as hereinafter defined), whether now existing or hereinafter enacted, promulgated, issued, or ordered (including as they may be amended from time. to tune) relating_ to protection. of the outdoor _environnent (concerning any and all environmental media), public health, or any Hazardous Substance (as hereinafter defined). For purposes of this definition, the term "Environmental Law" shall include as applicable but G! not be limited to the following: (A) the Federal Water Pollution Control Act, as amended (33 U.S.C. § 1251,et se . ; (B) the Solid Waste Disposal Act, including the Resource Conservation and Recovery Act, as amended (42 U.S.C. § 6901, et sea.); (C) the Comprehensive Environmental Response, Compensation, and Liability Act, as amended (42 U.S.C. § 9601, et sea_); (D) the Superfand Amendments and Reauthorization Act of 1986, as amended (codified in sections of 10 U.S.C., 29 U.S.C., and 42 U.S.C.); (E) the Federal Clean Air Act, as amended (42 U.S.C. § 7401, et seq.); (F) the Federal Insecticide, Fungicide, and Rodenticide Act, as amended (7 U.S.C: § 136, et se -q.); (G) the Toxic Substances Control Act, as amended (15 U.S.C. § 2601,et seg.); (H) the Emergency Planning and Community Right -to -Know Act, as amended (42 U.S.C. § 11001, et sea.); (I) the Occupational Safety and Health Act, as amended (29 U.S.C. § 650, et se . ; (J) the Safe Drinking Water Act, as amended (21 U.S.C. § 349 and 42 U.S.C. §§ 201 and 300f, et seg.); (K) the National Environmental Policy Act, as amended (42 U.S.C. § 4321, et seg.); (L) the Hazardous Materials Transportation Act, as amended (49 U.S.C. § 1801,et__ seg.); (M) the Atomic Energy Act, as amended (42 U.S.C. § 2011, et seg.); (N) the Federal Food, Drug and Cosmetic Act, as amended (21 U.S.C. § 301, et sec.); (0) the Endangered Species Act (16 U.S.C. § 1531, et seg.); (P) any laws regulating the use of biological agents or substances. including medical or infectious wastes; (Q) Chapter 24 of the Code of Ordinances of Miami -Dade County, Florida and Chapters 373, 376, and 403 of the Florida Statutes; and (R) as it relates to subsections (A) through (Q) of this definition, any and all related rules and regulations, all as in effect on the date hereof and as may hereafter be amended from time to time. (u) "Environmental Remediation Agreement" shall have the meaning ascribed to it in the Leases. (v) "Governmental Authority" shall mean any federal, state, county, municipal or other governmental entity or any instrumentality of any of them, having jurisdiction over the Museum Park Project. (w) "Improvements" shall mean all improvements to be constructed upon or installed at the Property, including without limitation the Museums, the Parking Facility, and all walkways, driveways, lighting facilities, utilities and other structures and facilities appurtenant to the Museums and the Parking Facility. (x) "Infrastructure and Coordination Plan" shall have the meaning ascribed to it in Section 3.2 of this Agreement. (y) "Leasehold Mortgage" shall have the meaning ascribed to it in the MSM Lease as to the MSM Museum, and the meaning ascribed to it in the MAM Lease as to the MAM Museum. (z) "Leasehold Mortgagee" shall have the meaning ascribed to it in the MSM Lease as to the MSM Museum, and the meaning ascribed to it in the MAM Lease as to the MAM Museum. (aa) "Leases" shall inean, collectively, the MAM Lease and MSM Lease, together with any amendments, modifications, restatements and supplements thereto as may be approved pursuant to the terms thereof. (bb) "MAM" shall mean Miami Art Museum of Dade County Association, Inc., a Florida not-for-profit corporation. (cc) "MAM Buildin&" shall mean the structure to be constructed upon the MAM Site for the MAM Museum. (dd) "MAM Commencement Date" shall mean the date the notice to proceed for the construction of the foundation of the MAM Museum is given pursuant to Section 4.6 of this Agreement by MAM to its general contractor or construction manager, as applicable, which date shall not be earlier than'the Possession Date or later than four (4) years after the Effective Date, subject to Unavoidable Delay. (cc) "IMAM Completion Date" shall mean the date that the MAM Museum (excluding exhibits) is substantially completed, as evidenced by the issuance of a certificate of occupancy, for the MAM Museum, which shall be no later than seven (7) years after the' Effective Date, subject to Unavoidable Delay. . (f) "MAM Construction Contract" shall have the meaning ascribed to it in Section 4.2 of this Agreement. (gg) "MAM Funding .Plan'shall have the meaning ascribed to it in Section 4.2 of this Agreement. (hh) "MAM Lease" shall mean the lease by the City of the MAM Site to MAM dated April 6, 2009, together with any amendments, modifications, restatements and supplements thereto. (ii) "MAM Museum" shall mean an art museum, together with its portion of the Parking Facility, loading docks, visitor drop-offs, access roads, internal site roadways, outdoor features and related amenities and facilities, to be developed and operated on the MAM Site by MAM as part of the Museum Park Project pursuant to the terms of this Agreement and the MAM Lease. OD "MAM Premises" shall have the meaning ascribed to it in the Recitals. (kk) "MAM Site" shall have the meaning ascribed to it in the Recitals. (11) "Management Agreement" shall have the meaning ascribed to it in Section 7.1 of this Agreement. (rmn) "Minimum Park Improvements" shall have the meaning ascribed to it in Section 5.3 of this Agreement. I (nn) "MOU" shall have the meaning ascribed to it in the Recitals. I (oo) "MSM" shall mean Museum of Science, Inc., a Florida not-for-profit corporation. (pp) "MSM Building" shall mean the structure to be constricted upon the MSM Site for the MSM Museum. (qq) "MSM Commencement Date" shall mean the date the notice to proceed for the construction of the foundation of the MSM Museum is given pursuant to Section 4.6 of this Agreement by MSM to its general contractor or construction manager, as applicable, which date shall not be earlier than the Possession Date or later than four (4) years after the Effective Date, subject to Unavoidable Delay. (rr) "MSM Completion Date" shall mean the date that the MSM Museum (excluding exhibits) is substantially completed as evidenced by the issuance of a certificate of occupancy for the MSM Museum, which shall be no later than seven (7) years after the Effective Date, subject to Unavoidable Delay. (ss) "MSM Construction Contract" shall have the meaning ascribed to it in Section 4.2 of this Agreement. (tt) "MSM Funding Plan' shall have the meaning ascribed to it in Section 4.2 of this Agreement. . (uu) "MSM Lease" shall mean the lease by the City of the MSM Site to MSM, dated April 6, 2009, together with any amendments, modifications, restatements and supplements thereto. (vv) "MSM Museum" shall mean a science museum, together with its portion of the Parking Facility, loading docks, visitor drop-offs, access roads, internal site roadways, outdoor features and related amenities and facilities, to be developed and operated on the MSM Site by MSM as part of the Museum Park Project pursuant to the terns of this Agreement and the MSM Lease. (ww) "MSM Premises" shall have the meaning ascribed to it in the Recitals. (xx) "MSM Site" shall have the meaning ascribed to it in the Recitals. 7 (yy) "Museum Park" shall have the meaning ascribed to it in the Recitals. (zz) "Museum Park Master Plan" shall mean the master plan for the Museum Park Project developed by Cooper Robertson dated December, 2006 and approved by the City on March 13, 2008, MSM on July 29, 2008, and MAM on March 18, 2008, as amended from time to time. (aaa) "Museum Park Project" shall mean the development, construction, management and operation of the Museums and the Park Component, and any other related facilities and improvements in Museum Park, which are incidental and ancillary to the operation of the Museums and the Park Component, to be designed and developed in accordance with the Museum Park Master Plan and this Agreement. (bbb) "Museum Park Steering Group" shall have the meaning ascribed to it in Section 3.9 of this Agreement. (ccc) "Museums" shall mean the MAM Museum and MSM Museum, collectively. (ddd) "NDZ" shall have the meaning ascribed to it in Section 4.6 of this Agreement. (eee) "Omni CRA" shall have the meaning ascribed to it in Section 5.3 of this Agreement. (fM "Park Component" shall mean the portion of the Museum Park Project consisting of approximately 21 acres of land in Museum Park located adjacent to the Property, which, subject to Sections 3.5 and 5.3 of this Agreement, is to be designed, developed and operated by the City or its designees in accordance with the Museum Park Master Plan, including without limitation all improvements necessary to support the park landscaping, structures, infrastru.eture, access roads and parking, as same may be amended from time to time in accordance with Section 3.5 of this Agreement. (ggg) "Parking Facility" shall have the meaning ascribed to it in Section 3.3 of this Agreement. (hhh) "Part ' or "Parties" (whether or not by use of the capitalized term) shall mean jointly or individually (as the context requires) each,of the parties to this Agreement and their respective successors and assigns. (iii) "Plaza Improvements" shall mean the plaza and the portion of the Parking Facility to be located under the plaza between the Museums, as same may be modified or redesigned pursuant to Section. 3.3 of this Agreement. Oij) "Plaza Improvements Allocation" shall have the meaning ascribed to it in Section 4.2(a) of this Agreement. (kkk) "Possession Date" shall mean, for each Site, the date that the City delivers possession of such Site to the applicable Tenant under the Leases, provided that in no event shall the Possession Date occur prior to the date that .the conditions set forth in Section 2.3 of the respective Leases have been satisfied. (111) `.`Project Coordination Team" shall have the meaning ascribed to it in Section 3.10 of this Agreement. (mmm)"Pr. opertY' shall have the meaning ascribed to it in the Recitals. (nnn) "SBE" shall have the meaning ascribed to it in Section 4.6 of this Agreement. (000) "Site" shall mean individually each of the MAM Site and MSM Site, and "Sites" shall mean collectively both the MAM Site and the MSM Site. (ppp) "Tenant" shall mean each of MAM, as lessee under the MAM Lease and MSM, the lessee under the MSM Lease (collectively, the Tenants), and their respective successors and permitted assigns. (qqq) "Unavoidable Delay" shall have the meaning ascribed to it in Section 10.4 of this Agreement. (rrr) "Wind and Solar Restriction" shall have the meaning ascribed to it in Section 3.8 of this Agreement. Section 1.3. Authority to Enter into Agreements. The City represents, covenants and warrants to each of MSM and MAM that it has a valid right to enter into this Agreement and to perinit MSM to develop the MSM Museum on the MSM Site and to permit MAM to develop the MAM Museum on the MAM Site. MSM represents, covenants and warrants to the City and MAM that it has a valid right to enter into this Agreement. MAM represents, covenants and warrants to the City and MSM that it has a valid right to enter into this Agreement. Section 1.4. Term of Agreement. The term of this Agreement shall commence on the Effective Date hereof and shall end, except as otherwise provided in this Agreement, on the last to occur of (i) the MSM Completion Date, (ii) the MAM Completion Date, (iii) the applicable completion date, if only one Museum proceeds under this Agreement, and (iv) the date of completion of the Minimum Park Improvements, but in no event later than seven (7) years fiom the Effective Date (unless extended by the Parties in writing). 0 ARTICLE II . SITE CONDITIONS, INSPECTIONS, ACCEPTANCE MSM and MAM have each conducted all tests, inspections and investigations of their respective portions of the Sites as they have deemed necessary and, each accepts its respective Site in "as -is" condition, and accepts complete responsibility for conditions- encountered at their respective portions of the Site, including, but not limited to, unforeseen, subsurface or otherwise concealed physical conditions, but specifically excluding enviromnental conditions, which shall be dealt with pursuant to the terms of the Enviromnental Remediation Agreement. For avoidance of doubt, this does not include any enviromnental condition on or relating to the Sites which is not in compliance with any Environmental Laws and/or as may need remediation or work to provide clean Sites ready for the construction of the Museums, which issue is dealt with in the Environmental Remediation Agreement. ARTICLE III MUSEUM PARK PROJECT Section 3.1. Development of Museum Park Project. MSM, MAM, and the City, or the City's designee, shall each serve as the developer of the MSN.[ Museum, MAM Museum, and the Park Component, respectively. Each shall (a) manage and control the design, development and construction of its component, (b) be responsible for all pre -development issues required for its component, including but not limited to, regulatory reviews and approvals, traffic, parking and engineering analysis, all in accordance with Applicable Laws and in general conformance with the Museum Park Master Plan, (c) retain appropriate professionals to assist in the performance of these obligations, (d) except as otherwise expressly provided herein, in the Leases or the Environmental Remediation Agreement, pay the costs for same from. its own fiends, and (e) coordinate its activities with the other Parties. Section 3.2. Infrastructure. (a) Site Improvements. MSM and MAM shall each be responsible for the performance of all work and the payment of all costs required to design, develop, construct, and maintain all site improvements required for construction of their respective museums, which shall include but not be limited to demolition, utility relocations, water, sewer and sanitation work (including any work required to bring utilities or sanitation for the Museums to the Sites), street improvements, landscaping and hardscaping, and other customary infrastructure work within the boundaries of the MSM Site and MAM Site, as applicable. The City shall be responsible for the performance of all work and the payment of all costs required to design, develop, construct, and maintain all site improvements required for construction 'of the Park Component, which shall include but not be limited to demolition, utility relocations, water, sewer and sanitation work, street improvements, landscaping and hardscaping, and other customary 10 infrastructure work within the boundaries of the Park Component but excluding the Sites. (b) Infrastructure and Coordination Plan. The City and Museums shall work cooperatively, diligently, and in good faith with each other to develop an infrastructure and coordination plan ("Infrastructure and Coordination Plan") for the Museum Park Project that sets forth and coordinates infrastructure needs for each of the Museums and, to the extent mutually beneficial and economically feasible, for the Park Component, provided that the City agrees in advance and in writing to pay its Agreed Share in connection with such shared infrastructure. The Agreed Share as to each of the Parties in any item of shared infrastructure shall be the share of all of the actual costs and expenses (hard and soft) on account of any such infrastructure, as agreed in advance in writing signed by each participating Party. The Parties shall use commercially reasonable, good faith efforts to agree on the Agreed Share for each Party, taking into consideration the rights of use and other benefits to inure to each of the participating Parties. If a provider of utilities requires that capacity be provided for the entire Museum Park Project in order for the Museums to obtain service, then the City shall participate in all negotiations with the utilities provider regarding each Party's Agreed Share of such shared infrastructure. The City agrees that it will pay its Agreed Share of such shared infrastructure at the time payment is due to the utility provider if the City currently has available funds for such use, and otherwise on a reimbursement basis to MSM and MAM when the City has such funds available. Any disputes regarding the Agreed Share for any Party in connection with such provider -required shared infrastructure shall be resolved pursuant to Article XI below. As of the Effective Date, the City has not yet identified sufficient funds to complete the Park Component as shown in the Museum Park Master Plan, and it is likely that the Park Component and related infrastructure will not be.developed on the same schedule as the rest of the Museum Park Project. The Museums have submitted a preliminary draft of the Infrastructure and Coordination Plan showing proposed connections to the existing water, sanitary sewer and stonnwater drain mains, MSM's connection to the bay for its seawater lines (and related utilities), electrical utilities and conduits within and outside Museum Park, and other necessary infrastructure, to the City and to Cooper Robertson, a copy of which is attached hereto as Exhibit E. The City shall have until July 15, 2009 to review the preliminary Infrastructure and Coordination Plan for compliance with Article III of the Leases and with this Agreement, and shall approve or disapprove same with recommended changes and adjustments to bring it into compliance, all in accordance with the Approval Procedure, The Parties shall grant the easements required under the approved Infrastructure and Coordination Plan (subject to City Commission approval, if necessary), on a reasonable and timely basis. The Parties agree to work cooperatively, diligently, and in good faith with each other to finalize the Infrastructure and Coordination Plan no later 11 September 15, 2009, and to update same from time to time as necessary for the orderly, timely, and proper coordination and construction of the Museum Park Project. Section 3.3. Museum Common Areas and Parking. MAM and MSM shall work together to design, develop and operate the common or shared areas of the Museums including without limitation the plaza, Museum Drive (as defined in the Leases), and the parking facilities (the "Parkin FAX"). The Parking Facility shall be designed and operated as a single, continuous under -building and under plaza parking structure with a minimum of 440 parking spaces in the aggregate, as provided in Article III of the Leases. The Parties recognize the likelihood that the Improvements on each Site will be constructed and completed at different times. Accordingly, the portion of the Parking Facility under each of the Museums may be designed and constructed (and, if necessary, operated) as an independent structure from the portion of the Parking. Facility under the other museum to allow each of the Tenants to obtain building permits, certificates of occupancy, occupational licenses and all other applicable authorizations, approvals, permits and licenses as may be necessary to develop, construct, operate, manage, maintain and repair such Improvements, irrespective of whether the Improvements on the other Site are underway, completed and/or in operation. The Plaza Improvements may, at the option of MSM and MAM, be constructed after completion of both Museums to allow for coordination of construction but in no event later than seven (7) years after the Effective Date. MAM and MSM shall each be responsible for the construction, operation and management of the portion of the Parking Facility located within its Site, at its sole cost and expense. If one of the Leases is terminated prior to the completion of construction of the Plaza Improvements under that terminated Lease, then the Tenant under the remaining Lease shall provide a minimum of 300 below grade parking spaces in conformance with the Museum Park Master Plan, provided the City snakes available and leases to such Tenant additional adjacent land sufficient to accommodate the additional parking spaces. However, the sole remaining Tenant and the City will work diligently together and in good faith to obtain funding (including without limitation the right to use the Plaza Improvements Allocation of the terminated Tenant), execute necessary lease amendments, cooperate in the redesign and redevelopment of the Plaza Improvement area and otherwise facilitate the construction of the plaza and related parking facility, all in light of the changed circumstances at that time. The terminated Tenant will cooperate with the remaining Tenant and the City in pursuing and obtaining any necessary authorization for the use of such Plaza Improvements Allocation for the redesign, redevelopment and/or construction of the Plaza Improvements, Section 3.4. Park Congponent Parking. The City shall be solely responsible for all costs required to design, construct, develop and operate parking located in and necessary for the Park Component. Section 3.5. Changes to Park Corm oU nent. The City reserves the right at any time and from time to time, subject to Section 3.8 below and the other provisions of this Agreement, including without limitation Section 5.3 to: (a) make or permit reasonable changes or revisions in its plan for the Park Component, including additions to, subtractions Rom, rearrangements of alterations of, modifications of, or supplements to building areas, improvements, walkways, parking areas, driveways and other Park Component areas; (b) construct other buildings or improvements in the Park Component, all in general conformance with the Museum Park Master 12 Plan; and (c) convey all or portions of the Park Component for the purpose of constructing thereon other buildings or improvements, including additions thereto and alterations thereof, all in general conformance with the Museum Park Master Plan and any restrictions on transfer set forth in the Management Agreement; provided that there is consensus among the members of the Museum Park Steering Group (defined as an agreement reached by the vote of the majority of members of the Museum Park Steering Group voting on a particular matter ) that: (i) such development, changes or alterations do not materially affect the Museums' ability to operate or construct their respective projects as intended and (ii) any such change is consistent with the purpose and design intent of the Museum Park Master Plan. Provided that the foregoing conditions are met, the Museums agree to cooperate with the City in the development, changes and/or alterations to the Park Component consistent with the provisions of this Section, including specifically by providing necessary approvals pursuant to the Approval Procedure described in Article VI below required for such development, changes and/or alterations, including being a co -applicant as necessary, provided that the City is responsible for all costs related thereto. If there is a lack of consensus among the members of the Museum Park Steering Group under clauses (i) and (ii) above, the matter shall be resolved in Arbitration pursuant to Article XI below. If necessary, the Museums shall cause anyone obtaining an interest in the Property through the Museums (or either of them) including, but not limited to, a Leasehold Mortgagee, to execute such approvals as may be necessary in order for any development, change or alteration meeting the requirements of this Section to take place, in accordance with the Approval Procedure, provided that the City is responsible for all costs related thereto. Any such additions or changes to or expansion of the Park Component shall be developed and constructed in accordance with the terms and conditions applicable to the initial construction of the Park Component under this Agreement. This provision shall survive the expiration or earlier termination of this Agreement. Section 3.6. Cooperation during Development and Planning. The Parties acknowledge the likelihood that the Improvements on each Site will be constructed and completed at different times, and that the Park Component may not be. fully developed until the opening of the Museums, as more particularly described in Section 3.2. The Parties agree to cooperate and work in good faith with each other in coordinating development of each of their components of the Museum Park Project in order not to unreasonably interfere with each others' construction activities and schedules. Each Party shall work cooperatively and in good faith with the other Parties to maintain project timetables. The Parties agree to cooperate and work in good faith with each other, with each other's design teams and with Cooper Robertson in creating a coherent ensemble of buildings and open spaces which accommodate the operational requirements of the Museums, are enhanced by the park setting, and reinforce the activities and character of the Museum Park Project. In order to enable the Parties to achieve this goal, the City agrees to allow MSM and MAM to participate in City meetings with Cooper Robertson. However, the City shall not be obligated to call special meetings with Cooper Robertson for MSM or MAM unless the requesting entity agrees to pay Cooper Robertson's fees for such meetings. Moreover, any work requested by MAM or MSM of Cooper Robertson must be made through the City's designated representative and shall be paid for by the requesting entity unless it is a request that is expressly included in the basic services to be provided by Cooper Robertson under its agreement with the City. Unless otherwise provided in writing by the City Manager, the City's designated representative shall be the same as the City's representative in the Project Coordination Team. 13 Section 3.7. Replat. The Parties acknowledge that the City is currently in the process of replatting Museum Park to vacate all previously existing utility easements and correct the boundary line of Pump Station #2. The City agrees that it shall proceed diligently to pursue the submittal and finalization of the tentative and final replat with the appropriate Governmental Authority. The City shall keep the Museums updated on the status of the replat at the monthly Museum Park Steering Group meetings. Section 3,8. Wind and Solar Restriction. In addition to the City's agreement to restrict improvements within the Park Component to be consistent with the Museum Park Master Plan, the City agrees to limit the height of permanent improvements within an area of 400 feet from the Museums to a maximum height of 40 feet. Flagpoles will be excepted from the foregoing restriction. The initial term of the Wind and Solar Restriction shall ran concurrently with the first thirty (30) year term of the Leases. Not later than thirty-six (36) months (x) prior to the end of the initial thirty year tern, and (y) if then extended, prior to the end of each subsequent renewal tern, the City agrees to give good faith consideration to extending the Cerin of the Wind and Solar Restriction for the period of the next applicable term under the Leases, with the approval of the City Commission. The City agrees to execute and record a Wind and Solar Restriction in favor of the Museums in substantially the form attached hereto as Exhibit F simultaneously with providing record notice of the Leases. Section 3.9. Museum Park Steering Group. (a) Composition, Function, and Governance. The Museum Park Steering Group shall be comprised of the president of MSM, executive director of MAM, the City Mayor, the County Mayor, the Director of the City's Parks and Recreation Department, and the Executive Director of the Bayfront Park Management Trust of the City of Miami (or its successor, if any) or their designees. The function of the Museum Park Steering Group is (i) to oversee and assist in coordinating the planning, design and construction of the Museum Park Project, (ii) to assist in expedited good faith, collaborative problem -solving and conflict resolution among the Patties pursuant to this Agreement and commercially reasonable rules to be adopted by the Museum Park Steering Group, which rules shall be designed to achieve the goals of the Museum Park Steering Group (including those specifically described in the Leases), and (iii) to constitute the governing body under the Master Management Agreement. In addition to rules for expedited problems resolution, the Museum Park Steering Group shall adopt reasonable rules regarding its own governance. (b) Meetings. The Museum Park Steering Group shall establish a regular meeting schedule and beginning in September, 2009, shall meet no less frequently than inonthly to allow members to provide applicable reports, plans, and other information, discuss the progress and coordination of the various components of the Museum Park Project so as not to unreasonably interfere with each other's work or the operation of the Museums, and address issues and problems that arise in a good faith, collaborative manner. The City Project Liaison, County Project Liaison, and the Project 14 Coordination Team shall be entitled to attend all Museum Park Steering Group meetings. (c) Reports. Each Party agrees to provide the other Parties with (i) copies of its design team's scope for work, (ii) estimated timetables (with periodic updates) for each major stage of the architectural and engineering work on its component of the Museum Park Project, and (iii) reports containing cost and budget information. These reports shall be delivered at the Museum Park Steering Group meetings on a monthly basis during both design development and during construction of the components of the Museum Park Project. The provision of information and materials under this Section is intended solely for informational purposes in the coordination of the development of each portion of the Museum Park Project, and not for purposes of consent, approval, or comment by any Party. Section 3.10. Museum Park Project Coordination Team. The Parties shall form an administrative cornmittee (the "Project Coordination Team") that shall include one representative each to be designated in writing by MSM, MAM, and the City. Those representatives or their designees shall attend all meetings of the Project Coordination Team, and shall work together to assist in coordinating the planning, design and construction of the Museum Park Project. The Project Coordination Team shall agree on a start date, which shall be no later than January 4, 2010, and, thereafter, meet no less frequently than weekly to make available (with any copies to be made at the receiving party's expense) applicable schedules, reports, plans (including the Construction Plans), construction contracts, updates to the foregoing and other information, and to discuss the progress and coordination of the various components of the Museum Park Project in order to allow the Parties to develop their components without unreasonable interference with each other's work or the operation of the Museums, and to address issues and problems that arise in a good faith, collaborative manner. It shall be the responsibility of the representatives of the Project Coordination Team to make available at such meetings any necessary additional staff or representative of such Party and/or additional information in order to enable the Project Coordination Team to carry out its duties. The City Project Manager and the County Project Manager shall be entitled to attend meetings of the Project Coordination Team. The Project Coordination Team shall make provision to call special meetings upon reasonable prior notice from any member of the Project Coordination Team. The members of the Project Coordination Team or their designees will attend the meetings of the Museum Park Steering Group in order to provide information to the Museum Park Steering Group, including without limitation regarding the reports of the Parties described in Section 3.9 above. ARTICLE IV MSM MUSEUM, MAM MUSEUM, AND PARK COMPONENT PLANS AND CONSTRUCTION Section 4.1. Plans. The City acknowledges that it has no interest or ownership rights to the Plans or any other plans developed by either MSM or MAM for the Museums (including without limitation the Construction Plans) and, if either MSM or MAM does not proceed with 15 the MSM Museum or MAM Museun%, for any reason whatsoever, each of the Museums shall retain any and all rights it may have with respect to all such plans. Each of the Museums agrees to provide a set of final "as -built" drawings to the City not later than thirty (30) days following the issuance of its certificate of occupancy. Section 4.2. Construction Agreements. (a) Museum Construction Agreements. Each of MSM and MAM shall select Florida licensed contractor(s) and/or construction managers) to construct its component of the Museum Park Project in accordance with state and local law. Each of MSM and MAM shall enter into a fixed price construction contract (the "MSM Construction Contract" and the "MAM Construction Contract", respectively) for the construction of the MSM Museum and the MAM Museum, respectively, either in the form of (i) a stipulated sum or (ii) on the basis of the cost of the work plus a fee, with a guaranteed maximum price or (iii) construction manager at risk with a guaranteed maximum price, with a completed Schedule of Values and projected construction schedule. Such initial fixed prices shall not exceed the amounts for same shown in the MSM Funding Plan and MAM Funding Plan to be provided to the City Manager no later than 180 days prior to each Museum's Commencement Date, and shall include a contingency fund in an amount not less than three percent (3%) of the Cost of Work (as defined in such construction contracts). In addition, the MSM Funding Plan and MAM Funding Plan shall each show (x) a separate owner -controlled contingency fund in an amount not less than four percent (4%) of the Cost of Work to be used for unforeseen conditions, and (y) an allocation (the "Plaza Improvements Allocation") for each Tenant's share of the cost to construct its portion of the Plaza Improvements, which shall not be less than $3,000,000. The Plaza Improvements Allocation may be used by each Tenant for the construction of its portion of the Plaza Improvements, and for no other purpose. (b) City Construction and Agreements. The City shall select Florida licensed contractor(s) and/or construction manager(s) to construct the Park Component of the Museum Park Project in accordance with Applicable Laws: The City shall, at its option, engage a general contractor or construction manager under a fixed price contract or oversee the construction of the Park Component directly. The City shall, at its option, be permitted to perform some of the work on the Park Component itself, provided such work is done in compliance with Applicable Laws. Section 4.3. _City Project Liaison. The City may utilize its own staff or it may hire and designate by written notice to MSM and MAM a third party independent project management firm, which is not a member of the design team for either of the Museums or the City (the "City Project Liaison") to (i) review the plans and specifications for the Museums (but only for the purposes and as specifically described in this Article IV); (ii) review the reports regarding progress of construction as described in Article III above; and (iii) attend meetings and otherwise 16 review and monitor on the City's behalf the design and construction of the Museum Park Project. The costs of such services shall be paid by the City. Section 4.4. Count. Project Liaison. The Parties acknowledge that the County may utilize its own staff or may hire a third party independent project management firm, which is not a member of the design team for either of the Museums or of the City (the "County Project Liaison"), to review and monitor on the County's behalf the design and construction of the Museum Park Project. The costs of such services shall be paid by the County. The Parties shall cooperate with the County to facilitate the County's review. Section 4.5. Conformity with Applicable Laws and Master Plan. The Construction Plans, and all work performed by MSM with respect to the MSM Museum and by MAM with respect to the MAM Museum and the construction of the Museums, shall be in conformity with this Agreement, the Museum Park Master Plan, and all Applicable Laws. The Construction Plans, all work perforined by the City with respect to the Park Component, and all construction of the Park Component shall be in conformity with this Agreement, the Museum Park Master Plan, and all Applicable Laws, Section 4.6. Construction of the Museums. (a) Each of MSM and MAM shall be entitled to commence site work and utility work on the Possession Date, provided that it has complied with the applicable insurance requirements of Section 13.2 of the Leases. (b) Each of MSM and MAM shall be entitled to commence construction of the foundations and any other component of its Improvements once it has provided to the City' evidence reasonably satisfactory to the City Manager that (i) it has secured funds for construction of the MSM Museum or MAM Museum (as applicable), in each case excluding certain exhibits, as more particularly described in the MSM Funding Plan and MAM Funding Plan (as applicable) described in Article V of this Agreement, (ii) it has obtained the applicable required permit(s) for the current stage of construction, (iii) it has obtained a fixed or guaranteed maximum price construction contract for the applicable component to be constructed, (iv) it has complied with the applicable insurance requirements of Section 13.2 of the Leases for the current stage of construction, '(v) it has provided to the City a cost -loaded construction schedule for the MSM Museum or MAM Museum (as applicable), in each case excluding exhibits, that demonstrates its ability to complete the construction of its facility within the time stipulated in this Agreement, and (vi) it has issued a notice to proceed for the foundation work, which shall be deemed to be the MSM Commencement Date or the MAM Commencement Date, as applicable. (c) During the construction of each of the Museums, the work of each of MSM and MAM shall be available for reasonable observation by the City Project Liaison and the County Project Liaison, during normal construction hours (7 a.m. to 3 p.m. on weekdays except for legal 17 holidays) provided that all safety and insurance requirements are complied with and such inspection does not interfere with the progress of the construction work. (d) It is anticipated that the MSM Museum shall be no less than 250,000 program square feet. The square footage for the MSM Museum size is subject to change based on factors such as construction market conditions. Any increase or decrease of greater than fifteen percent (15%) in program square feet shall be subject to the review and approval of the County and the City and subject to the requirements of the Building Better Communities General Obligation Bond Agreements. However, if the County requires review and approval of increases or decreases of less than 15% in program square feet, then the approval of the City shall also.be required, (e) It is anticipated that the MAM Museum shall be no less than 100,000 program square feet, The square footage for the MAM Museum size is subject to change based on factors such as construction market conditions. Any increase or decrease of greater than fifteen percent (15%) in program square footage shall be subject to the review and approval of the County and the City and subject to the requirements of the Building Better Communities General Obligation Bond Agreements. However, if the County requires review and approval of increases or decreases of less than 15% in program square feet, then the approval of the City shall also be required. (f) The provisions set forth in this subsection shall apply to the extent that compliance with such provisions does not impair the Museums' ability to obtain fanding from the County under the Building Better Communities General Obligation Bond Agreements. In the event compliance with one of the following provisions impairs the Museums' ability to obtain fanding, as aforementioned, then, at the option of the City, the provision(s) that impair the Museums' ability to obtain such funding shall be deleted or amended to give it effect without impairing funding by the County under the Building Better Conimunities general Obligation Bond, Agreements, and, in the case of an amendment, without increasing the Museums' obligations, or decreasing their rights, under this Agreement. The Museums acknowledge that they will be subject to, and shall use diligent good faith efforts to comply with, the Miami -Dade County Community Small Business Enterprise ("CSBE") and Miazni-Dade County Small Business Enterprise ("SBE") goals established by the County or the City Manager for each construction trade package in the construction of the Museums. The Museums agree that CSBEs and SBEs having an actual place of business in the City, including areas that have been designated in the City's Community Development Plan as Neighborhood Development Zones ("NDZ"), as depicted in Exhibit G, shall be given an equal opportunity to compete for business in. the HH: construction of the Museums. MAM and MSM agree to include in each of the MAM Construction Contract and MSM Construction Contract a prohibition against imposing any requirements on CSBEs/SBEs that are not customary, not in compliance with law, or that imposea financial burden that unreasonably impacts CSBEs and/or SBEs. MAM and MSM also agree to include in each of the MAM Construction Contract and MSM Construction Contract and in each bid package a commitment'to use diligent efforts to comply with all of the CSBE and SBE goals set forth in this section. The construction of each of the Museums shall be subject to a Miami -Dade County Coimnunity Workforce Program ("CWP") goal of 15%. MSM and MAM may utilize SBD's hiring clearinghouse, to recruit workers to fill needed positions for skilled laborers for the construction of the Museums, as well as any available Workforce Development Organizations, Workforce Recruitment/Referral Organizations and other job hiring databases (including the South Florida Workforce and other union and non-union clearinghouses), and including those in designated target areas ("DTAs") in Miami -Dade County, and the DTA in which the Sites are located. MSM and MAM shall use good faith, efforts to recruit workers from the DTAs and NDZs to satisfy the CWP goal. In addition, MSM and MAM will aspire to have as many local workers and local firms as reasonably practical and aspire to have at least 50% of the workers for the construction of the Museums be residents of Miami -Dade County, 20% of which are City of Miami residents, and aspire to have at least 35% of the firms hired as subcontractors for the construction of the Museums be firms located within Miami -Dade County, 20% of which are firms located within the City of Miazni. During the term of construction, MSM and MAM shall provide quarterly reporting regarding the progress on the CSBE, SBE, and CWP goals described above. MSM and MAM shall implement a small business outreach program designed to increase small business participation during the construction of the Museums with a view to supporting the aspirational small business and local hiring goals described above, subject to Applicable Law. MSM and MAM shall comply with all conditions and requirements imposed on thein by the County related to the construction of the Museums and the goals described above. Section 4.7. Permits and Approvals. MSM and MAM shall each secure and pay for any and all Approvals necessary for proper construction and completion of its museum, as and when required for the then current stage of development and/or construction of such museum. The City recognizes its role ui the development of the Museum Park Project and shall use reasonable, diligent efforts to take actions necessary to facilitate the pern?itting process in order to facilitate the commencement and completion of construction of each of the MSM Museum and the MAM Museum, as soon as practicable. The City, in its role as a municipality, shall designate an individual within the City Manager's office who will have a primary (though not exclusive) duty to serve as the City's point of contact and liaison with MSM and MAM in order to facilitate and coordinate the review and processing of all permit and license applications 19 across all of the various departments and offices of the City which have the authority or right to review and approve all applications for permits and licenses. Section 4.8. Patent and Performance Bond. Each of MSM and MAM shall secure and pay for a payment and performance bond in accordance with Section 255.05 of Florida Statutes for the construction of the MSM Museum and MAM Museum, as applicable, issued by a bonding company reasonably satisfactory to the County and the City, or reasonably equivalent security. The rights of the County and the City under the bond(s) shall be subordinate to the rights of any Leasehold Mortgagee. Section 4.9. Access, Construction Staging and Parking; Seawater Line Easement. MSM and MAM shall use (i) the access area described in the access easement shown on Exhibit H attached hereto, and (ii) the construction staging and parking areas described in the Construction Staging and Parking Easement shown on Exhibit I attached hereto, each of which is to be granted pursuant to Section 3.1 of the Leases. The Construction Staging and Parking Easement shown on Exhibit I replaces in its entirety Exhibit D-2 to the Leases. For its seawater line and related equipment, MSM shall use the easement area described in the seawater line easement shown on Exhibit J attached hereto to be granted pursuant to Section 3.1 of the Leases. Section 4.10. Mechanics' Liens. (a) MSM shall not knowingly suffer or permit any mechanics' liens to be filed against the title to the Property or the Museums or the Park Component, nor against MSM's nor MAM's interest in the Property by reason of work, labor, services or materials supplied to MSM or anyone having a right to possession of the MSM Site or the MSM Museum. 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 materialman for the performance of any labor or the furnishing of any materials, for any specific work on the MSM Site or the MSM Museum nor as giving MSM the right, power or authority to contract for or pen -nit the rendering of any services or the furnishing of any materials that would give rise to the filing of any mechanics liens against the City's interest in the MSM Site. If any mechanics' lien shall at any time be filed due to the actions of or by a person or entity claiming through MSM against the MSM Site or the Property, MSM shall cause it to be discharged of record within thirty (30) days after the date MSM has knowledge of its filing. If MSM shall fail to discharge such mechanics' lien within that period, then in addition to any other right or remedy, either MAM (if such lien affects the MAM Site) or 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 or bonding. Either MAM or the City as applicable shall be entitled, if it so elects, and without waiving any rights or remedies for default hereunder, to compel the prosecution of any action for the foreclosure of the mechanics' lien by the lienor and to pay the amount of the judgment, if any, in favor of the lienor with interest, costs and allowances with the 20 understanding that all amounts paid by either MAM (if such lien affects the MAM Site) or the City, as applicable, shall be repaid to MAM or the City by MSM, immediately upon rendition of any invoice or bill by MAM or the City. MSM shall not be required to pay or discharge any mechanics' lien so long as MSM shall (i) in good faith proceed to contest the lien by appropriate proceedings, (ii) have given notice in writing to MAM and the City of its intention to contest the validity of the lien and (iii) furnish reasonably satisfactory evidence that funds are or will be available to pay 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 with it. Neither MAM nor the City shall be entitled to pay the lien or compel the prosecution of any action with respect thereto during any time that MSM is contesting such lien and has provided to MAM and the City reasonably satisfactory evidence that it has the funds available to pay the amount of the contested lien as provided above. (b) MAM shall not knowingly suffer or permit any mechanics' liens to be filed against the title to the Property or the Museums or the Park Component, nor against MSM's nor MAM's interest in the Property by reason of work, labor, ,services or materials supplied to MAM or anyone having a right to possession of the MAM Site or the MAM Museum. 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 materiahnan for the performance of any labor or the furnishing of any materials, for any specific work on the MAM Site or the MAM Museurn nor as giving MAM 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 City's interest in the MAM Site. If any mechanics' lien shall at any time be filed due to the actions of or by a person or . entity claiming through MAM against the MAM Site or the Property, MAM shall cause it to be discharged of record within thirty (30) days after the date MAM has knowledge of its filing. If MAM shall fail to discharge such mechanics' lien within that period, then in addition to any other right or remedy, either MSM (if such lien affects the MSM Site) or 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 or bonding. Either MSM or the City as applicable shall be entitled, if it so elects, and without waiving any rights or remedies for default hereunder, to compel the prosecution of any action for the foreclosure of the mechanics' lien by the lienor and to pay the arnount of the judgment, if any, in favor of the lienor with interest, costs and allowances with the understanding that all amounts paid by either MSM (if such lien affects the MSM Site) or the City, as applicable, shall be repaid to MSM or the City by MAM, immediately upon rendition of any invoice or bill by MSM or the City. MAM shall not be required to pay or discharge any mechanics' lien so long as IMAM shall (i) in good faith 21 proceed to contest the lien by appropriate proceedings, (ii) have given notice in writing to MSM and the City of its intention to contest the validity of the lien and (iii) furnish reasonably satisfactory evidence that funds are or will be available to pay the amount ofthe contested lien claim with all interest on it and costs and expenses, including reasonable attorneys' fees to be incurred in connection with it. Neither MSM nor the City shall be entitled to pay the lien or compel the prosecution of any action with respect thereto during any time that MAM is contesting such lien and has provided to MSM and the City reasonably satisfactory evidence that it has the funds available to pay the amount of the contested lien as provided above. (c) The City shall not knowingly suffer or permit any mechanics' liens to be filed against the title to the Property or the Museums, nor against MSM's nor MAM's interest in the Property by reason of work, labor, services or materials supplied to the City or anyone having a right to possession of the Park Component or any portion thereof Nothing in this Agreement shall be construed as constituting the consent or request of either MSM or MAM, expressed or implied, by inference or otherwise, to any contractor, subcontractor, laborer or materialman for the performance of any labor or the furnishing of any materials, for any specific work on the Sites or the MSM Museum or the MAM Museum nor as giving the City 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 Sites or the MSM Museum or the MAM Museum. If any mechanics' lien shall at any time be filed against the Property or the MSM Museum or the MAM Museum due to the actions of or by a person or entity claiming through the City, the City shall'cause it to be discharged of record within thirty (30) days after the date the City has knowledge of its filing. If the City shall fail to discharge a mechanics' lien within that period, then in addition to any other right or remedy, either MSM or MAM may, but shall not be obligated to, discharge the lien either by paying the amount clammed to be due or by procuring the discharge of the lien by deposit in court or bonding. The entity that paid shall be entitled, if it so elects, and without waiving any rights or remedies for default hereunder, to compel the prosecution of any action for the foreclosure of the mechanics' lien by the lienor and to 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 paying entity shall be repaid by the City to MSM or MAM, as applicable, immediately upon rendition of any invoice or bill to the City. The City shall not be requited to pay or discharge any mechanics' lien so long as the City shall (i) in good faith proceed to contest the lien by appropriate proceedings, (ii) have given, notice in writing to MSM or MAM, as applicable, of its intention to contest the validity of the lien and (iii) furnish reasonably satisfactory evidence that funds are or will be available to pay the amount of the contested lien claim with all interest on it and 22 costs and expenses, including reasonable attorneys' fees to be incurred in connection with it. Neither MSM nor MAM shall be entitled to pay the lien or compel the prosecution of any action with respect thereto during any time that the City is contesting such lien. Section 4.11. Development Schedules. The Construction Plans for each of the Museums and the City shall include a projected progress schedule setting forth the projected construction start date and time parameters required for completion of each of the Museums and at least the Minimum Park Improvements as described in Section 5.3. The Parties shall cause the progress schedule to be updated periodically and shall deliver copies of same to the other Parties in the reports to be delivered at the monthly Museum Park Steering Group meetings described in Section 3.9 of this Agreement. MSM and MAM shall complete the MSM Museum and the MAM Museum as applicable on or before the MSM Completion Date and MAM Completion Date, as applicable, subject to Unavoidable Delay. The City shall complete the Minimum Park Improvements and the balance of the Park Component as provided in Section 5.3. Section 4.12. Procurement. The Parties acknowledge that construction of the Museums, which is not funded by the City, is not subject to the City procurement code. Section 4.13. Cost Overrun Guaranty. MSM shall pay (and hereby guarantees payment of) all cost overran in connection with the construction of the MSM Museum. MAM shall pay (and hereby guarantees payment of) all cost overruns in connection with the MAM Museum, The City shall pay all cost overruns in connection with the Park Component. Section 4.14. Requests for Information. The Parties shall make available for inspection by the other Parties on a secure website to be established for this purpose copies of each RFI (request for information) submitted in connection with its component, together with the response to same within a reasonable time after such response is received. Section 4.15. FDOT Area. The MAM Building is currently designed to be constructed along the boundary of the MAM Site and the FDOT Area (as defined in the MAM Lease), such that MAM will require access to the FDOT Area in order to construct the MAM Building as currently contemplated and/or to perforin any environmental remediation that may be required by MAM to construct its building. The City agrees to use commercially reasonable efforts to assist and facilitate MAM, at no expense to the City, in obtaining such permits, licenses, site access agreements and other entry rights (by persons and vehicles) from FDOT which permit MAM to enter the FDOT Area, both on the ground and by cranes through air space, as necessary or desirable for the construction of the MAM Museum and/or envirom-nental remediation, if needed. The City will apply for, accept and enter into such permits, licenses and agreements in its own name and/or on behalf of MAM if required to do so by FDOT, all of which shall be on terms and conditions mutually acceptable to MAM and the City, provided that the City shall not be required to assume any liability as a result of such permits, licenses and/or agreements. 23 ARTICLE V FUNDING Section 5.1. Funding by MSM. The MSM Funding Plan shall include projected costs and draw down schedules for County, private sector pledges, permitted financings and other funding for the design, development, and construction of the MSM Museum. MSM agrees that it shall use diligent, commercially reasonable efforts to secure funds sufficient to pay such design, development, and construction costs, as and when due pursuant to the terms of this Agreement and the MSM Construction Contract. Prior to the issuance of the notices to proceed described in Sections 4.6(b), MSM shall deliver to the City Manager evidence reasonably satisfactory to the City Manager that it has written commitments for such fiends as required in Sections 4.6(b). Section 5.2. Funding by MAM. The MAM Funding Plan shall include projected costs and draw down schedules for County, private sector pledges, permitted financings and other funding for the design, development, and construction of the MAM Museum. MAM agrees that it shall use diligent, commercially reasonable efforts to secure funds sufficient to pay such design, development, and construction costs, as and when due pursuant to the terms of this Agreement and the MAM Construction Contract. Prior to the issuance of the notices to proceed described in Section 4.6 (b), MAM shall deliver to the City Manager evidence reasonably satisfactory to the City Manager that it has written commitments for such fiends as required in Sections 4.6 (b). Section 5.3. Funding by the CitX. (a) If the boundaries of the Omni Community Redevelopment Agency ("Omni CRA") are expanded to include Museum Park, the City shall use good faith efforts to cause the Ornni CRA to contribute sufficient funds for development of the Park Component in accordance with the Museum Park Master Plan. The Parties acknowledge that the decision to use Omni CRA funds for the Park Component is subject to approval by the Omni CRA Board of Commissioners. (b) As of the Effective Date, the Omni CRA boundaries have not been extended, and the City has not yet identified sufficient fiends to complete the Park Component as shown in the Museum Park Master Plan. The City agrees that (i) it shall construct certain Minimum Park Improvements, the scope of which shall be agreed upon by the City and the Museums, taking into consideration the City's financial condition, by no later than. twelve (12) months prior to the Museums' notice of proposed opening of the museum, as described below, to open the Park Component for the opening and operation of the Museums, and (ii) it shall use diligent efforts to obtain funding and complete the balance of the Park Component in accordance with the Museum Park Master Plan and Applicable Laws as soon as possible thereafter. The provision set forth in (ii) above shall survive the expiration or earlier termination of this Agreement. The Minimum Park Improvements shall be completed by the opening date of Q the first of the Museums to be completed, provided that the City shall have received not less than twelve (12) months advance written notice of the proposed opening of such Museum and sufficient access, in the reasonable discretion of the City Manager, to allow it to perforin the Minimum Park Improvements within said twelve (12) month period. The Parties agree to cooperate and work in good faith with each other in coordinating development of each of their components of the Museum Park Project and the City's construction of the Minimum Park Improvements (including, where necessary, provision by the City of alternative construction access and provision by the Museums of sufficient access, in the reasonable discretion of the City Manager, to the property to perform the Minimum Park Improvements) in order not to unreasonably interfere with each others' construction activities and schedules. To the extent that the construction of the Museums interferes with the City's ability to construct the Minimum Park Improvements, then the deadline for completion of the Minimum Park Improvements shall be extended for a commensurate period of time. Section 5.4. Notifications Regarding Financial Contributions. MSM, MAM and the City each agree to notify the other Parties promptly hi writing in the event that it becomes aware of any material variation in the amounts of, schedules for or uses of amounts to be contributed by such Party pursuant to this Agreement. ARTICLE VI APPROVAL PROCEDURE Section 6.1. Procedure. Any approvals of written submissions (for lack of doubt, these do not include building and other permits issued by the City in its municipal regulatory capacity) requested pursuant to this Agreement shall be reviewed in accordance with the procedure (the "Approval Procedure") described in this Article. Each person, including without limitation the City, MAM, MSM, the Museum Park Steering Group, and any Leasehold Mortgagee, who is requested to review and approve a written submission, shall have a period of fifteen (15) business days after the receipt of the written submission (which submission must be complete and detailed enough to allow reasonable review) to advise the requesting party, in writing, of its approval or disapproval of same. If no written disapproval is received by the requesting party within said 15 business -day period, then the written submission shall automatically be deemed approved by such person. In the event such person disapproves of part or all of such written submission, that disapproving person shall include in its written notification the specific reasons for disapproval (which must be commercially reasonable and within any parameters for review specified in this Agreement, if any) and the recommended steps necessary to correct same. In the event of a disapproval that complies with the requirements of this Section (including without limitation time periods), the requesting party may at its option resubmit the revised written submission to the disapproving person revised to cure the ground of the disapproval. Any resubmission shall be subject to review by the disapproving person pursuant to the foregoing plan approval process except that the time period for review shall be seven (7) business days until the same shall be finally approved by such person provided, however, that if a submission is 25 resubmitted regarding substantially the same issue and is disapproved two (2) times in total, the matter shall be resolved as provided in Article XI of this Agreement. All Pal -ties shall attempt to resolve any disputes concerning any such written submissions in good faith and such Parties shall not unreasonably withhold or condition or delay their consent to any such requested approval. Section 6.2. Approvals and Consents. Wherever in this Agreement the approval or consent of any party (including without limitation the City Manager) is required, it is understood and agreed that unless specifically stated to the contrary, such approval or consent shall not be unreasonably withheld, conditioned, or delayed. Wherever in this Agreement the approval or consent of the City is required, except as otherwise specifically provided herein, or as may otherwise be required by Applicable Laws in the opinion of the City Attorney, the written approval or consent regarding the matter in question by the City Manager or his/her designee on behalf of the City shall satisfy the requirement for approval or consent of the City for all purposes. Each of MSM and MAM acknowledges that when the City acts or exercises any rights or obligations under this Agreement, it is doing so in its capacity as the fee owner of the Property and not as a municipality, and that the role of the City as a municipality is separate and distinct from the role of the City as the fee owner of the Property under this Agreement. Wherever in this Agreement the approval or consent of MSM is required, except as otherwise specifically provided herein, the written approval or consent regarding the matter in question by Gillian Thomas shall satisfy the requirement for approval or consent of the MSM for all purposes. Wherever in this Agreement the approval or consent of MAM is required, except as otherwise specifically provided herein, the written approval or consent regarding the matter in question by Terry Riley or Jose Garcia shall satisfy the requirement for approval or consent of the MAM for all purposes. ARTICLE VII RELATED DOCUMENTS Section 7.1. Master Management Ajzreement. The City, MSM and MAM shall negotiate and execute an overall Management and Operation Agreement (the "Management Agreement") with respect to the operation, maintenance, repair and replacement of each component of the Museum Park Project, including the MAM Museum, MSM Museum, Park Component and any shared facilities. The Management Agreement will incorporate, at a minimurn, the provisions specifically contemplated by the MOU to be addressed in the Management Agreement, to the extent not addressed or agreed to in the Leases and/or in this Agreement. The Management Agreement will also contain an agreement by the City for the initial thirty (30) year term of the Leases that it shall operate the Park Component in accordance with the Museum Park Master Plan and the Management Agreement, and it shall only sell, convey or otherwise transfer the Park Component to an entity that (i) agrees to operate the Park Component as a park in accordance with the Museum Park Master Plan and the Management Agreement, (ii) provides satisfactory evidence to the Museums that it has the financial wherewithal to meet the obligations of the City with regard to the Park Component under the Leases, this Agreement and the Management Agreement during that thirty year term, and (iii) agrees to bind itself and any subsequent transferees of the Park Component to all of the foregoing restrictions and those set forth in Article XXV of the Leases. To the extent that the K0 terms and conditions of the Leases and/or this Agreement are inconsistent or conflict with the terns and conditions of the Management Agreement addressing the same subject matter, the terms and conditions of the Management Agreement shall control. Section 7.2. Building Better Cotntnunities General Obligation Bond Agreements and GOB Administrative Rules. The Parties acknowledge that the County is providing funding for each of the Museums pursuant to the terns of the Building Better Communities General Obligation Bond Agreements and the County administrative rules applicable thereto, the provisions of each of which are incorporated into this Agreement by reference. The Parties agree to such provisions and shall abide by and cooperate in good faith to assist MSM and MAM in complying with the terms and conditions of such agreements and rules. To the extent that the terms and conditions of this Agreement are inconsistent or conflict with unexpired and conditions terms of the Building Better Communities General Obligation Bond Agreements and/or the County administrative rules applicable thereto addressing the same subject spatter, the terms and conditions of the Building Better Communities General Obligation Bond Agreements and the County administrative rules shall control. ARTICLE VIII MORTGAGEES The City agrees for the benefit of any Leasehold Mortgagee which is the holder of any Leasehold Mortgage, that any such holder, during the pendency of this Agreement, shall have all of the same rights with respect to this Agreement as are afforded to Leasehold Mortgagees under Article XVII of the MSM Lease and the MAM Lease, as applicable, including without limitation the right to take over any and all of the applicable Tenant's obligations and rights hereunder and/or cure any default of the applicable Tenant hereunder. ARTICLE IX INSURANCE, CASUALTY AND INDEMNIFICATION Section 9.1. Insurance and Casualty, with any casualty as required under the Leases. Section 9.2. Indemnification. The Parties shall maintain insurance and deal (a) To the maximum extent permitted by State law, MSM shall indemnify, defend and hold harmless the City, and its officers, employees, attorneys, agents and instrumentalities from and against any claim, loss, damage, liability, cost or expense, including reasonable attorneys' fees, directly arising out of (a) any breach, default or misrepresentation by MSM under this Agreement, or (b) any personal or bodily injury, including death, to any person and destruction of property resulting from the negligent performance (or failure to perform) by MSM in the construction of the MSM Museum; provided, however, that the foregoing indemnification shall not extend to those claims, losses, damages, liabilities, costs or 27 expenses asserted against or suffered by the City (or its officers or employees) which are due to the negligent acts or: omissions of the City (or its officers, employees, contractors, subcontractors, licensees, or invitees), or to any action taken by the City in violation of this Agreement or any action not taken that is required under this Agreement. Notwithstanding the foregoing, MSM shall not be liable for any liabilities, damages, suits, claims and judgments of any nature (including reasonable attorneys' fees and expenses) arising from or in connection with any loss or liability due to an Unavoidable Delay. (b) To the maximurn extent permitted by State law, MAM shall indemnify, defend and hold harmless the City, and its officers, employees, attorneys, agents and instrumentalities from and against any claim, loss, damage, liability, cost or expense, including reasonable attorneys' fees, directly arising out of (a) any breach, default or misrepresentation by MAM under this Agreement, or (b) any personal or bodily injury, including death, to any person and destruction of property resulting from the negligent performance (or failure to perform) by MAM in the construction of the MAM Museum; provided, however, that the foregoing indemnification shall not extend to those claims, losses, damages, liabilities, costs or expenses asserted against or suffered by the City (or its officers or employees) which are due to the negligent acts or omissions of the City (or its officers, employees, contractors, subcontractors, licensees, or invitees), or to any action taken by the City in violation of this Agreement .or any action not taken that is required under this 'Agreement Notwithstanding the foregoing, MAM shall not be liable for any liabilities, damages, suits, claims and judgments of any nature (including reasonable attorneys' fees and expenses) arising from or in conii.ection with any loss or liability due to an Unavoidable Delay. (c) To the extent and within the limitations of Section 768.28 Fla. Stat., and subject to the provisions of that statute whereby the City shall not be held liable to pay a personal injury or property damage claire or judgment by any one person which exceeds the sum set forth in said statute, or any claim or judgments of portions thereof, which, when totaled with all other occurrences, exceeds the sum set forth in said statute, the City shall indemnify and hold harmless the Museums, and their respective officers, directors, trustees, employees, attorneys and agents from any and all personal injury and property damage claims, losses, liabilities and causes of action arising from the same claire which may arise solely as a result of the negligence of the city in connection with its rights and obligations under this Agreement. However,' nothing herein shall be deemed to indemnify a Museum from any liability or claire arising out of the negligent performance or failure of performance of the Museum or of its respective officers, directors, trustees, employees, contractors or subcontractors. Notwithstanding the foregoing, the City shall not be liable for any liabilities, damages, suits, clauns and judgements of any nature W. (including reasonable attorneys' fees and expenses) , arising from or in connection with any loss or liability due to an Unavoidable Delay. (d) The provisions of this Section 9.2 shall survive the expiration or earlier termination of this Agreement. ARTICLE X DEFAULT Section 10.1. MSM Default. In the event of the failure of MSM to perform any of the covenants, conditions or agreements which are to be performed by MSM under this Agreement, and the continuance of such failure for a period of ninety (90) consecutive days after written notice in adequate detail from the Party asserting the default to MSM (provided, however, if such failure cannot reasonably be cured within ninety (90) days, and MSM, within said ninety (90) day period, shall have commenced and thereafter continued diligently to prosecute the cure of such failure, said failure shall not constitute a default hereunder, and provided further that any Leasehold Mortgagee shall have such rights of notice and cure with respect to the obligations of MSM as granted herein as are made available to such Leasehold Mortgagee under the MSM Lease for any default by MSM as the tenant thereunder), then the Party asserting the default, to the fullest extent permitted by law, shall have the right to pursue any and all remedies available at law or in equity, including the right to terininate this Agreement as to MSM after providing thirty (30) days notice to the Parties, sue for and collect damages and to specifically enforce the rights of the Party asserting the default, and to enjoin MSM. Section 10.2. MAM Default. In the event of the failure of MAM to perform any of the covenants, conditions or agreements which are to be performed by MAM under this Agreement, and the continuance of such failure for a period of ninety (90) consecutive days after written notice in adequate detail from the Party asserting the default to MAM (provided, however, if such failure cannot reasonably be cured within ninety (90) days, and MAM, within said ninety (90) day period, shall have commenced and thereafter continued diligently to prosecute the cure of such failure, said failure shall not constitute a default hereunder, and provided further that any Leasehold Mortgagee shall have such rights of notice and cure with respect to the obligations of MAM as granted herein as are made available to such Leasehold Mortgagee under the MAM Lease for any default by MAM as the tenant thereunder), then the Party asserting the default , to the fullest extent permitted by law, shall have the right to pursue any and all remedies available at law or in equity, including the right to terminate this Agreement as to MAM after providing thirty (30) days notice to the Parties, sue for and collect damages and to specifically enforce the rights of the Party asserting the default, and to enjoin MAM. Section 10.3. City Default. In the event of the failure of the City to perform any of the covenants, conditions or agreements which are to be performed by it under this Agreement, and the continuance of such failure for a period of ninety (90) consecutive days after written notice (provided, however, if such failure cannot reasonably be cured within said ninety (90) day period, and the defaulting party, within such ninety (90) day period, shall have cornrmenced and thereafter continued diligently to prosecute the cure of such failure, said failure shall not constitute a default hereunder), then the Party asserting the default, to the fullest extent permitted 29 by law, shall have the right to pursue any and all remedies available at law or in equity, including the right to terminate this Agreement after providing thirty (30) days notice to the Parties, sue for and collect damages and to specifically enforce the rights of the Party asserting the default, and to enjoin the City. Section 10.4. Unavoidable Delay. For the purpose of any of the provisions of this Agreement, neither the City (including the City Manager) nor MAM, nor MSM, as the case may be, shall be considered in breach of or in default in any of its obligations under this Agreement in the event of "Unavoidable Delays" (defined below). As used herein, the term "Unavoidable Delays" shall mean delays due to strikes, slowdowns, lockouts, acts of God, inability to perform due to court order, inability to obtain labor or materials, or to settle insurance claims due to governmental restrictions, delays relating to Applicable Laws or Approvals beyond the control of the Party seeking same, war, enemy action, acts of terrorism, civil commotion, fire, casualty, flood, unusually severe weather conditions (such as tropical storms or hurricanes), delays by the City, the County or any other government agency, in any negotiation, review, approval or inspection required herein (which impact the obligations hereunder of the entity claiming Unavoidable Delay), the application of any Applicable Laws, or any other cause beyond such Party's reasonable control, but not including such Party's financial condition or inability to obtain funding or financing (unless such condition arises from an Unavoidable Delay). All Unavoidable Delays must be beyond the reasonable control of the party asserting the delay. In the event of the occurrence of any such Unavoidable Delay, the time or times for the performance of the covenants and provisions of this Agreement shall be extended for the period of Unavoidable Delay; provided, however, that (i) the Party seeking the benefit of the provisions of this Section shall, within thirty (30) days after such Party shall have become aware of such Unavoidable Delay, give written notice to the other Party thereof of the cause or causes thereof and the time anticipated to be delayed; and (ii) no Unavoidable Delay shall serve to extend the time for performance of the covenants or provisions of this Agreement by more than three (3) years (unless extended by the Parties in writing). Section 10.5. Obligations, Rights and Remedies Cumulative; Cure Periods. The rights and remedies of the Parties, whether provided at law, in equity or under this Agreement, shall be cumulative. The exercise by any party of any one or more of such remedies shall not preclude the exercise by it, at the same or different times, of any other such remedies for the same default or for any other default or breach by the other party. No waiver made by either party with respect to performance, manner or time of any obligation of any other party or any condition to its own obligation under this Agreement shall be considered a waiver of any rights of said party with respect to the particular obligations of any other party or condition to its own obligation, or a waiver in any respect in regard to any other rights of said party. All notice and cure periods applicable to alleged defaults shall be tolled in the event that a Party challenges the existence of the alleged default in an Arbitration or other legal proceeding until the date that the arbitrator or presiding authority renders a decision in the proceeding, at with time, if such Party is found to be in default, the cure period shall commence. All notice and cure periods shall not apply to the outside dates for the commencement and completion of construction hereunder; however, the foregoing shall not limit the applicability of Unavoidable Delay or any Leasehold Mortgagee protections granted in this Agreement or the Leases. all Section 10.6. No Indirect Damages. In no event shall any Party be liable under any provision of this Agreement for any special, indirect, incidental, consequential, exemplary, treble or punitive damages, in contract, tort or otherwise, whether or not provided by statute and whether or not caused by or resulting from the sole or concurrent negligence or intentional acts of such party. Furthermore, the limitation of liability herein shall not apply to any indemnification for third party claims available at law or pursuant to, but subject to the limitations in, Article IX. This provision shall survive the expiration or earlier termination of this Agreement. ARTICLE XI DISPUTE RESOLUTION PROCEDURES Section 11.1, General Dispute Resolution. The Parties acknowledge that litigation is expensive and time consuming, and that the parties to a dispute are frequently in a much better position to reach a satisfactory resolution when working in a good faith, commercially reasonable, collaborative manner. Accordingly, the Parties agree that they will each work to resolve any disputes in a good faith, commercially reasonable, collaborative manner as follows: (a) The Parties shall first work to resolve any problems at the weekly Project Coordination Team meetings. MSM, MAM and the City each agree to notify the other Parties and the members of the Museum Park Steering Group promptly in writing in the event that it becomes aware of any continuing or repeated material unreasonable interference with the complaining party's work or operations where the offending party has been informed of the problem but has not sufficiently addressed it. Such written notification shall recite the foregoing facts with specifics and shall be a condition precedent to the making of any claim for such damages in any Arbitration or litigation proceeding hereunder. (b) If the problem is not resolved at the Project Coordination Team meetings, any Party may present the problem at a Museum Park Steering Group meeting. The Museum Park Steering Group will work with the members of the Project Coordination Team to resolve the issue. If the problem is not resolved with the assistance of the Museum Park Steering Group within thirty (30) days after presentation, the issue may be submitted for Arbitration at the request of any Party as provided below. Section 11.2. Arbitrator(s). Any dispute hereunder which is expressly stated to be resolved under this arbitration provision, shall be referred to and exclusively and finally settled by binding arbitration, conducted in accordance with the Construction Arbitration Rules (or similar successor rules thereto) and this Article XI. The place of arbitration shall be Miami, Florida. In the event that any Party calls for a determination in arbitration pursuant to the terns of this Agreement, the Parties shall have a period of ten (10) days from the date of such request to mutually agree on one arbitrator who, at a minimum, must be an attorney with at least fifteen (15) years experience practicing real estate construction law (with significant experience in construction contracts and development projects and related litigation) in Miami -Dade County, 31 Florida. If the Parties -fail to agree, each Party shall have an additional ten (10) days to each select an individual meeting the same minimum qualifications set forth above, and the three arbitrators selected shall select an arbitrator to be the arbitrator for the dispute in question. If any Party fails to make its respective selection of an arbitrator within the additional 10 -day period provided for above, then the remaining Parties' selections shall select the arbitrator. Section 11.3. Arbitration Process. The arbitrator shall decide the issues submitted to him/her in accordance with (i) the language, commercial purpose and restrictions contained in this Agreement (including exhibits hereto, if any) and (ii) what is just and equitable under the circumstances, provided that all substantive issues shall be determined under the laws of the State of Florida and all matters involving the discretion of the City Commission shall not be subject to arbitration, but instead shall be subject where appropriate to judicial review. With respect to any arbitration proceeding hereunder, the following provisions shall apply: (a) The Parties shall cooperate with one another in the production and discovery of requested documents, and in the submission and presentation of arguments to the arbitrator at the earliest practicable date. (b) The arbitrator conducting any arbitration shall be bound by the provisions of this Agreement and shall not have the power to add to, subtract from or otherwise modify such provisions. (c) The Parties renounce all recourse to litigation with respect to the matters in this Agreement which direct the dispute in question to be resolved under this arbitration provision, and agree that, with respect to such matters only, the ruling and award (if any) of the arbitrator(s) shall be conclusive, fugal and binding upon the Parties, and shall not be subject to judicial review. Judgment on the award of the arbitrator may be entered in any court having jurisdiction over the Party against which enforcement of the award is being sought, and any Party may institute judicial proceedings to compel arbitration in accordance with the provisions hereof, (d) Each Party shall be responsible for its own costs and expenses incurred in the arbitration, including attorneys' fees, but the costs of the presiding arbitrator and the arbitration itself shall be shared equally by the Parties. (e) Except to the extent this Agreement expressly provides that certain matters are to be resolved with the assistance of the Museum Park Steering Group and/or by submission to Arbitration, all disputes between the Parties shall be resolved by litigation. 32 ARTICLE XII MISCELLANEOUS PROVISIONS Section 12.1. Sovereign Rights, The City shall retain all of its sovereign prerogatives and rights as a municipality under State law with respect to the Museum Park Project. It is expressly understood that: (a) The City retains all of its sovereign prerogatives and rights and regulatory authority (quasi-judicial or otherwise) as a municipal corporation under State law and shall in no way be estopped by virtue of its execution of this Agreement from withholding or refusing to issue any approvals in its municipal regulatory capacity of applications for building, zoning, planning or development under present or future laws and regulations whatever nature applicable to the planning, design, construction and development of the Museum Park Project, or the operation thereof, or be liable for the same; and (b) The City shall not by virtue of this Agreement or any other agreement entered into by the City relating to the Museum Park Project, be obligated in its municipal regulatory capacity to grant MSM or MAM any approvals of applications for building, zoning, planning or development under present or future laws and ordinances of whatever nature applicable to the planning, design, construction, development and/or operation of the Museum Park Project. Notwithstanding and prevailing over any contrary provision in this Agreement, any covenant or obligation of the City in its municipal regulatory capacity that may be contained in this Agreement shall not bind the City Commission or any City department or authority, committee or agency to grant or leave in effect any zoning changes, variances, permits, waivers, or any other approvals that may be granted, withheld or revoked in the discretion of the City in its municipal regulatory capacity or other applicable governmental agencies in the exercise of its police power. Section 12.2. No Partnership or Joint Venture. Nothing contained in this Agreement is intended or shall be construed in any manner or under any circumstances whatsoever as creating or establishing a partnership or a joint venture between or among any of the Parties or as constituting any Party as the agent or representative of any other Party. Section 12.3. Prevailing Laws and Venue. This Agreement shall be governed by the laws of the State of Florida. If any term, covenant, or condition of this Agreement or the application thereof to any person or circumstances shall , to any extent, be determined by appropriate judicial authority to be illegal, invalid, or unenforceable, the remaining terms, covenants and conditions of this Agreement, or application of such terra, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant, or condition of this Agreement shall be valid and be enforced to the fullest extent permitted by law. Venue for any action under this 33 Agreement not required to be resolved in Arbitration shall lie in the Circuit Court of the Eleventh Judicial Circuit in and for Miami -Dade County, Florida. Section 12.4. Waiver of Jury Trial. The Parties hereby each knowingly, irrevocably, voluntarily and intentionally waive any right such Party 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 to the Parties to enter into this Agreement. Section 12.5. Notices. Any notice or communication under this Agreement shall be in writing and shall be deemed sufficiently given if hand delivered or dispatched by United States certified mail, postage prepaid, return receipt requested, or by nationally recognized overnight delivery service, to the appropriate party or entity, and their respective counsel and authorized representatives as set forth below, at the address specified below or at such other address of which the other parties shall be duly notified in writing: (a) In the case of a notice or communication to the City, to: City of Miarni Attention: City Manager Miami Riverside Building, 10th Floor 444 S.W. 2nd Avenue Miami, Florida 33130 City Attorney City of Miami Miami. Riverside Building, 9t1' Floor 444 S.W. 2"d Avenue Miami, Florida 33130 Department of Public Facilities City, of Miami Miami Riverside Building, 3rd Floor 444 S.W. 2nd Avenue Miami, Florida 33130 (b) In the case of a notice or communication to the City Project Liaison, to: City of Miami City Manager's Office 444 S.W. 2nd Avenue Miami, Florida 33130 Attn: Roger Hernstadt (c) In the case of a notice or communication to MSM, to: 34 Museum of Science, Inc. 3280 South Miami Avenue Miami, Florida 33129 Attn: President With a copy to: The Lumpkin Law Firm, P.A. Gables International Plaza, 5th Floor 2655 Le Jeune Road Coral Gables, Florida 33134 Attn: Peyton White Lumpkin, Esq. White & Case LLP 200 South Biscayne Boulevard Wachovia Financial Center, Suite 4900 Miami, Florida 33131 Attn: Victor M. Alvarez, Esq. (d) In the case of a notice or communication to NEW, to: Miami Art Museum of Dade County Association, Inc. 101 Flagler Street Miami, Florida 33130 Attn: Director With a copy to: Greenberg Traurig, P.A. 1221 Brickell Avenue Miami, Florida 33131 Attn: Matthew B. Gorson, Esq. Nancy B. Lash, Esq. All notices shall be deemed received when actually delivered if delivered by hand or by a nationally recognized overnight delivery service and shall be deemed delivered five (5) days following mailing in the event mailed as provided above. All notices of approval, disapproval or default to be given under this Agreement must be in writing and must be given as provided in this Section. Section 12.6. Titles of Articles and Sections. The titles of the several parts, Articles and Sections of this Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. Section 12.7. Counterparts. This Agreement is executed in several counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. 35 Section 12.8. Successors and Assigns. All of the covenants, conditions and obligations contained in this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the Parties. Section 12.9. Construction and Interpretation. Reference to any Article, section, paragraph, exhibit, or subpart thereof, unless otherwise provided, shall refer to this Agreement. Use of the term "including" shall mean "including, without limitation". Each of the Parties hereto and their counsel have reviewed and revised, or requested revisions to, this Agreement, and the usual rule of construction that any ambiguities are to be resolved against the drafting party shall be inapplicable in the construction and interpretation of this Agreement and any amendments or exhibits to this Agreement. Section 12.10. Attorneys' Fees. If it shall become necessary for any party to employ an attorney to enforce or defend any of its rights or remedies hereunder because of the default or breach of any covenant, condition, or agreement hereunder by any other party, each party shall be responsible for its own attorneys' fees and court costs, including fees and costs incurred at trial level and on appeals. Section 12.11. Entire AQxeernent. This Agreement, including the Exhibits hereto and all documents described or referenced in this Agreement, together contain the entire agreement among the Parties with respect to the subject matter hereof, and supersede any and all prior written or oral agreements among the Parties with respect to such subject matter. No modification or amendment of this Agreement shall be binding upon the Parties unless such modification or amendment is in writing and signed by the Party to be bound thereby. Section 12.12. Incorporation of Provisions of the Leases by Reference. The provisions of the Leases are incorporated into this Agreement by reference. Section 12.13. Assignments. This Agreement may not be assigned, either in whole or in part, by any party, without the express written consent of the other party. Section 12.14. Severability. If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Agreement or the application of such term or provision to the persons or circumstance other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each terin and provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. Section 12.15. Conflict with the Leases. To the extent that the terms and conditions of this Agreement are inconsistent or conflict with the terms of the Leases that address construction related issues, the terms and conditions of this Agreement shall control. [remainder of this page intentionally left blank] IR IN WITNESS WHEREOF, the Parties hereto have and replaced with executed this Development Agreement on the day, month and year first above written. Attest: By: Pris lla A. Thome on, City Cleric "d`�g Approved as to form and By:_ 1;Z— Julie O. Bru, City Witnesses: Print Name: vA Witnesses: AS TO THE CITY: THE CYMIAMI, a municipal coxt�ox o o the State of Florida /� By: ro G. Herr p 4 City Manager Approved By: ,�y'�} LeeAnn Brehm, 'P�"' Administrator. As to MSM: /0? Print Name: A ,awt -4e- d AA, r? Management MUSEUM OF SCIENCE, INC., a Florida not- for-profit corporation Name: Gilan n Thomas Title: President As to MAM: MIAMI ART MUSEUM OF DADE COUNTY ASSOCIATION, INC., a Florida not-for-profit corporation By: . Name: 41140 A04s #ad& Title: ��ir�I/PM,ftIY� .f d19r2b 0� 37 Draft of 5/21/09 DEVELOPMENT AGREEMENT FOR MUSEUM ARK PROJECT by an , among THE CITY F MIAMI, a municipal corporation f the State of Florida and MUSEUM OF SCIE E, INTC., a Florida not-for-profit c� rporation and MIAMI ART MUSEUM OF DAI)COUNTY ASSOCIATION, INC., a Florida not -for -p ofit corporation 2009 M/A L4SHN 180,509,934x5 5-7-09 090409.010000 HAA LASHN 180, 509, 934v5 5-7-09 090409.010000 TABLE OF CONTENTS Paae ARTICLE r GE:FERAL`,PROVrSIONS ......................... ARTICLE II SITE CONDIt"IONS, INSPECTIONS; ACCEPTANCE...............................10 ARTICLE III MUSEUM PARK PROJECT..........................................................................10 ARTICLE IV MSM MUSEUM, MAM MUSEUM. AND PARK COMPONENT PLANS AND CONSTRUCTION...................................................................15 ARTICLEV FUNDING.......................................................................................................23 ARTICLE VI APPROVAL PROCEDURE...........................................................................25 ARTICLE VII RELATED DOCUMENTS.............................................................................26 ARTICLE VIII MORTGAGEES.............................................................................................27 ARTICLE IX INSURANCE, CASUALTY AND INDEMNIFICATION ............................27 ARTICLE X DEFAULT.................................:....................................................................28 ARTICLE XI DISPUTE RESOLUTION PROC DURES....................................................o ARTICLE XII MISCELLANEOUS PROVISIONS a.............................................................32 HAA LASHN 180, 509, 934v5 5-7-09 090409.010000 DEVELOPINIENT AGREElNZE.NT FOR IN7t'SEUM PARK PROJECT THIS DEVELOPM IT AGREEMENT FOR MUSEU'•M .PARK PROJECT (the "Azreement") is made this day of '009; by and berween THE CITY OF MIAMI; a municipal corp ation of the State of Florida (the "Cin."): MUSEUM OF SCIENCE, INC., a Florida IT -profit corporation ("MSM"): and MIAMI ART MUSEUM OF DADE COUNiTY ASSOCIATI N, INC., a Florida not-for-profit corporation ("MAM"). All capitalized terms used herein shall ave the meanings set forth in Section 1.2 below, unless otherwise indicated. EREAS: WHEREAS, the City is owner in Pi e simple of all that certain land located in the Greater Miami downtown area, in Miami -Dade Co ty, Florida, known as both "Bicentennial Park" and "Museum Park", which is legally described or depicted in Exhibit A attached hereto ("Museum Park"); and WHEREAS, on July 25, 2002, the C_\ty Commission of the City of Miami (the "City Commission") passed and adopted Resolution``No. 02-862 authorizing and directing the City Manager and City Attorney, inter alia, to nego� ate (and finalize negotiations) with MAM and MSM, for the development of new museum � cilities in Museum Park, including without limitation the terms and conditions of each museuz�'s respective tenancies in Museum Park; and WHEREAS, the Board of County Comm passed and adopted Resolution Nos. R-912-04, R-! 917-04, R-918-04 and R-919-04, which authorized obligation bonds for capital projects, including a nc Museum Park, which bonds were approved by a maj and ,ioners of Miami -Dade County, Florida, 3-04, R-914-04, R-915-04, R-916-04, R- ae issuance of $2,926 billion in general tof museum and science museum within those voting on November 4, 2004; WHEREAS, on September 12, 2008, (i) the Cik, (ii) Miami Sports and Exhibition Authority, an independent and autonomous agency an instrumentality of the City (the "Authori "), (iii) Miami -Dade County, a political subdi�sion of the State of Florida (the "Coun "), (iv) MAM, (v) MSM, and (vi) the Historical Asso` iation of Southern Florida, Inc., a Florida not-for-profit corporation, entered into a Memorandurof Understanding (the "MOU"), concerning the development, design, construction and operation f the various components of the "Museum Park Project" (defined below) in Museum Park; and WHEREAS, the MOU was approved by the Board of Dire tors of the Authority on May 14, 2008 and by the County Board of Commissioners and the Ci Commission by Resolution Numbers R-435-08 and R-08-0290, respectively; and WHEREAS, the MOU provides for the City to lease a portio of Museum Park more particularly described or depicted in Exhibit B attached hereto and in orporated herein (the "Pro e ") to the Authority, and for the Authority to thereafter sublease pD ions of the Property to each museum, for the development and operation of a first class art miseum, a first class MIA LASHN 180,509,934x5 5-7-09 090409.010000 science museum and other related facilities and improvements all in accordance with the provisions of Section 29-B of the Cite Charter; and WHEREAS, on Nov iber 13, 2008, the City Commission of the Cite passed and adopted Resolution No. R-08-0 �3 authorizing and directing the City Matlaaer to negotiate and finalize the definitive documents r the Museum Park Project directly «'ith MSM and 1�2.4M, without the involvement of the Au ority, to implement the Museum Park Project in a more efficient manner: and WHEREAS, pursuant to that c between the City, as landlord, and MSM, resolution No. R-08-0707 adopted by the 1 ground leased to MSM a portion (the "M,1 four (4) acres as legally described on Exhi now or hereafter constructed thereon, the " n Lease Agreement dated April 6; 2009 by and tenant (the "MSM Lease"), authorized pursuant to >> Commission on December 11, 2008, the City has Site") of the Property consisting of approximately attached hereto (together with any improvements )14 Premises"); and WHEREAS, pursuant to that certain between the City, as landlord, and MAM, as to resolution No. R-08-0707 adopted by the City ground leased to MAM a portion (the "MAM four (4) acres as legally described on Exhibit DD now or hereafter constructed thereon, the "MA2 ;e Agreement dated April 6, 2009 by and (the'IMAM Lease"), authorized pursuant to nission on December 11, 2008, the City has of the Property consisting of approximately hed hereto (together with any improvements , 'ses"); and WHEREAS, MSM desires, pursuant to the OU and the MSM Lease and subject to fulfillment of the conditions and in accordance with e other terms, provisions and conditions hereinafter set forth, to develop, construct and operate a science museum on the MSM Premises; and WHEREAS, MAM desires, pursuant to the MO and the MAM Lease and subject to fulfillment of the conditions and in accordance with the o er terms, provisions and conditions hereinafter set forth, to develop, construct and operate an museum on the MAM Premises; and WHEREAS, the City desires, pursuant to the M0 and subject to fulfillment of the conditions and in accordance with the other terms, pi visio s and conditions hereinafter set forth, to develop, construct and operate a park on the Park Com onent. NOW, THEREFORE, in consideration of the foregoing the covenants and conditions hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City, MSM and MAM h eby covenant and agree as follows: ARTICLE i GENERAL PROVISIONS Section 1.1. Recitals and Exhibits. The recitals above and exhi� s attached hereto are incorporated herein by this reference. \ 2 MIA LASHN 160,509,934v5 5-7-09 090409.010000 Section 1.2. Definitions. Unless othenvise provided herein. all initial capitalized terms used in this Agreement shall have the meanings indicated below: (a) "Ag -reed Share" shall have the meaning ascribed to it in Section 3.2 of this AEreement. (b) "ARreement`-�all mean this Development Agreement. (c) "Applicable Laws" hall mean any law (including without limitation, any Environmental Lau), enactment, statute, code; ordinance, administrative order, charter, tariff, resolution, order, rule, regulation, guideline, judgment, decree; «rit, nj authorization, or other 1 Authority, political subdi� now existing or hereafter issued. (e) (f) (g) (h) "Approvals" shall mean all under any Applicable Laws Museums or the Park Con Plans, as applicable. nction, franchise, permit, certificate, license, ction or requirement of any Governmental ion, or any division or department thereof, enacted, adopted, promulgated, entered, or "Approval Procedure" shall have of this Agreement. nental approvals and permits required commencement of construction of the in accordance with the Construction "Arbitration" shall mean the arbitrati of this Agreement. "Authori " shall mean Miami S] independent and autonomous agency meaning ascribed to it in Article VI procedures set forth in Article XI and Exhibition Authority, an istrumentality of the City. ts" shall mean that certain agreement entitled Miami -Dade County Building Better Communities Grant Agreement / Ne Miami Museum of Science & Planetarium Facility/Historical Museum o South Florida / GOB Project Number 297-70430" and dated June 16, 200 , together with that certain agreement entitled "Miami -Dade County B 'lding Better Communities Grant Agreement /New Miami Art Museu Facility /GOB Project Number 296-70428" and dated May 29, 2008, d the subsequent similar agreements to be executed by MSM and as a requirement of the funding of the construction of the Museums by the County, all as authorized under the Board of County Commi Toners of Miami -Dade County, Florida, Resolution Nos. R-912-04, R-91 -04, R-914-04, R-915- 04, R-916-04, R-917-04, R-918-04 and R-919-04, which authorized the issuance of $2.926 billion in general obligation bonds for capital projects and as approved on November 2, 2004, by a maj ori of those voting. 3 MIA LASHN 180,509,934x5 5-7-09 090409.010000 (i) "Cin=' shall mean the Citi- of Miami. a municipal corporation of the State of Florida. �J "City Commission' sh'�ll mean the Cin- Commission of the Clt\' of Miami. (k) "City Proiect Liaison' sh 11 have the meaning ascribed to it in Section 4.3 of this Aareement. (1) "Construction Plans" shall can the final construction drawings, «orking plans and specifications in sufficient detail for the permitting and construction of the MSM 1\ seum. the MAA4 Museum, and the Park Component, as applicable, to t e extent required for permitting particular improvements. The Construct n Plans for each component shall also include a projected progress sche ule for completion of such component. (m) "Cooper Robertson" shall mea Cooper Robertson & Partners, an architecture and urban design firm. (n) (o) (P) (q) (r) (s) ''County" shall mean Miami -Dade State of Florida. "County Proiect Liaison" shall have 4.4 of this Agreement. "CSBE" shall have the meaning Agreement. "CWP" shall have the meaning Agreement. , a political subdivision of the meaning ascribed to it in Section "DTA" shall have the meaning ascribed Agreement. "Effective Date" shall mean the date of Agreement by the Parties. to it in Section. 4.6 of this to it in Section 4.6 of this it in Section 4.6 of this final signature of this (t) "Environmental Laws" shall mean any federal, st te, regional, or local (a) law, statute, ordinance, provision, regulation, rule�Iperee, court order, judicial or administrative order, decision, determination, consent order, consent decree, consent agreement, or other legal re uirement, (b) permit, license, authorization, or approval, or (c) administrative policy, guideline, or standard required or legally imposed by a Gove ; ental Authority (as hereinafter defined), whether now existing or hreinafter enacted, promulgated, issued, or ordered (including as they may be amended from time to time) relating to protection of the outd or environment (concerning any and all environmental media), public health, or any Hazardous Substance (as hereinafter defined). For p : oses of this definition, the term "Environmental Law" shall include as applicable but 4 MIA L4SHN 180,509,934v5 5-7-09 090409.010000 not be limited to the follo« Ang: (A) the Federal «Water Pollution Control Act; as amended (33 U.S.C. s 1251. et seq.)- (B) the Solid Waste Disposal esource Act, including the Rnser� anon and Recon erg _pct. as amended (4_' U.S.C. § 6901; et seg.), (C) the Comprehensive Environmental Response, Compensation, and Liabiliv, act. as amended (42 U.S.C. § 9601. et seg.); (D) the Superfun Amendments and Reauthorization Act of 1986, as amended (codified in ections of 10 U.S.C., 29 U.S.C.; and 42 U.S.C.); (E) the Federal Clean A r Act; as amended (42 U.S.C. § 7401, et sem); (F) the Federal Insecticid , Fungicide, and Rodenticide Act. as amended (7 U.S.C. § 136, et seq.) - (G) the Toxic Substances Control Act, as amended (15 U.S.C. § 2601; et se .); (H) the Emergency Planning and Community Right -to -Know Act, a amended (42 U.S.C. § 11001, (1) the Occupational Safety and He lth Act; as amended (29 U.S.C. § 650, et seq.); (J) the Safe Drinking Wat r Act, as amended (21 U.S.C. § 349 and 42 U.S.C. §§ 201 and 300f et e .); (K) the National Environmental Policy Act, as amended (42 U.S.C., § 4321, et seg.); (L) the Hazardous Materials Transportation Act, as ame�ded (49 U.S.C. § 1801, et_ seg.); (M) the Atomic Energy Act, as amended) (42 U.S.C. § 2011, et seq.); (N) the Federal Food, Drug and Cosmetic Apt. as amended (21 U.S.C. § 301, et seg.); (0) the Endangered Species Ac (16 U.S.C. § 1531, et se ; (P) any laws regulating the use of biologi4al agents or substances including medical or infectious wastes; (Q) Cha ter 24 of the Code of Ordinances of Miami Dade County, Florida and Chapters 373, 376, and 403 of the Florida Statutes; and (R) as it relates t� subsections (A) through (Q) of this definition, any and all related rules an' regulations, all as in effect on the date hereof and as may hereafter be amended from time to time, (u) "Environmental Remediation A., eeme t" shall have the meaning ascribed to it in the Leases. (v) "Governmental Authority" shall moan any federal, state, county, municipal or other governMental entity or any instrumentality of any of them, having jurisdiction over the Muse Park Project. (w) "Improvements" shall mean all im) installed at the Property, including Parking Facility, and all walkways, and other structures and facilities Parking Facility. (x) (Y) "Infrastructure and Coordination Plan" shall it in Section 3.2 of this Agreement. is to be constructed upon or limitation the Museums, the is, lighting facilities, utilities int to the Museums and the "Leasehold Mortgage" shall have the meaning Lease as to the MSM Museum, and the mei MAM Lease as to the MAM Museum. 5 MIA LASHN 980,509,934x5 5.7-09 090409.090000 the meaning ascribed to ibed to it in the MSM ascribed to it in the (z) "Leasehold Mongagee" shall have the m aping ascribed to it in the MSM Lease as to the MSM Museum. and thmeanina ascribed to it in the MANN Lease as to the IN1A-1\1 Museum. (aa) "Leases" shall mean, collectively, the ANI Lease and MSM Lease, together with any amendments, mod- -cations. restatements and supplements thereto as may be approved pur uant to the terms thereof. (bb) ''MAM" shall :mean Miami Art Museum o Dade County Association; Inc,; a Florida not-for-profit corporation, (cc) " NIAM Building" shall mean the structure o be constructed upon the MAM Site for the MAM Museum. (dd) "MAM Commencement Date" shall mean the 1date the notice to proceed for the construction of the foundation oft he MAM Museum is given pursuant to Section 4,6 of this Agreement by MAIM to its general contractor or construction manager, as applicab e, which date shall not be earlier than the Possession Date or later than four (4) years after the Effective Date, subject to Unavoidable Delay. (ee) "MAM Completion Date" shall mean the date 'that the MAM Museum (excluding exhibits) is substantially complete., as evidenced by the issuance of a certificate of occupancy, for the M I Museum, which shall be no later than seven (7) years after the E ective Date, subject to Unavoidable Delay, . (ff) "MAM Construction Contract" shall have the m aping ascribed to it in Section 4.2 of this Agreement. (gg) "MAM Funding Plan" shall have the meaning ascribed to it in Section 4.2 of this Agreement. (hh) "MAM Lease" shall mean the lease by the City of the' MAM Site to MAM dated April 6, 2009, together with any amendm` nts, modifications, restatements and supplements thereto. (ii) "MAM Museum" shall mean an art museum, together ith its portion of the Parking Facility, loading docks, visitor drop -o s, access roads, internal site roadways, outdoor features and relate amenities and facilities, to be developed and operated on the MAM Site y MAM as part of the Museum Park Project pursuant to the terms of this\\greement and the MAM Lease. 0j) "MAM Premises" shall have the meaning ascribed to it in (kk) "MAM Site" shall have the meaning ascribed to it in the 6 MIA LASHN 180, 509; 934v5 5-7-09 090409.010000 (11) "Management Agreement" shall hav the meaning ascribed to it in Section 7.1 of this Agreement. (mm) "Minimum Park Improvements" shall have the meaning ascribed to it in Section 5.3 of this Agreement. (nn) '`MOU" shall have, the meaning ascribed to it in the Recitals. (oo) "MSM" shall mean Museum of Science, Inc., a Florida not-for-profit corporation. (pp) "MSM Building` shall mean the strue e to be constructed upon the MSM Site for the MSM Museum. (qq) "MSI\4 Commencement Date" shall mean the date the notice to proceed for the construction of the foundation o the MSM Museum is given pursuant to Section 4.6 of this Agreem nt by MSM to its general contractor or construction manager, as appli able, which date shall not be earlier than the Possession Date or later an four (4) years after the Effective Date, subject to Unavoidable Delay (rr) "MSM Completion Date" shall mean the d to that the MSM Museum (excluding exhibits) is substantially comp,ted as evidenced by the issuance of a certificate of occupancy for the SM Museum, which shall be no later than seven (7) years after the ffective Date, subject to Unavoidable Delay. (ss) "MSM Construction Contract" shall have the caning ascribed to it in Section 4.2 of this Agreement. (tt) "MSM Funding Plan" shall have the meaning asc 'bed to it in Section 4.2 of this Agreement. (uu) "MSM Lease" shall mean the lease by the City of t e MSM Site to MSM, dated April 6, 2009, together with any amen \ ents, modifications, restatements and supplements thereto. (vv) "MSM Museum" shall mean a science museum, toge�Y of the Parking Facility, loading docks, visitor drop internal site roadways, outdoor features and relat facilities, to be developed and operated on the MSM Si of the Museum Park Project pursuant to the terms of t] the MSM Lease. (ww) "MSM Premises" shall have the meaning ascribed to it in (xx) "MSM Site" shall have the meaning ascribed to it in the 7^ MIA LASHN 180,509,934x5 5-7-09 090409.010000 with its portion s, access roads, amenities and by MSM as part Agreement and Recitals. (yy ) "Museum Park" shall have thAmeanina ascribed to it in the Recitals. (zz) "INIuseum Park Master Plan" s all mean the master plan for the Museum Park Project developed by CooAer Robertson dated December. 2006 and approved bbl the City on March 13. 2008. MSM on July 29, 3008. and MAM on March 18. 2008, as amen ded from time to time. (aaa) `''Museum Park Project" shall ii management and operation of the A any other related facilities and imp incidental and ancillary to the op, Component, to be designed and Museum Park Master Plan and this �an the development, construction, useums and the Park Component, and vements in Museum Park, which are Dtion of the Museums and the Park eveloped in accordance with the (bbb) "Museum Park Steering Group" shall have the meaning ascribed to it in Section 3.9 of this Agreement. (ccc) "Museums" shall mean the MAM (Museum and MSM Museum, collectively. (ddd) "NDZ" shall have the meaning ascribed to it in Section 4.6 of this Agreement. (eee) "Omni CRA" shall have the meaning as e, to it in Section 5.3 of this Agreement. (fff) "Park Component" shall mean the portion 'Qf the Museum Park Project consisting of approximately 21 acres of land in Museum Park located adjacent to the Property, which, subject to sections 3.5 and 5.3 of this Agreement, is to be designed, developed and`: operated by the City or its designees in accordance with the Museum Park Master Plan, including without limitation all improvements necessary to support the park landscaping, structures, infrastructure, access roads and parking, as same may be amended from time to time in accordance with Section 3.5 of this Agreement. 'i, (ggg) "Parking Facility" shall have the meaning ascribed to it in Section 3.3 of this Agreement. x (hhh) "Fate" or "Parties" (whether or not by use of the lrapitalized term) shall mean jointly or individually (as the context requires)�each of the parties to this Agreement and their respective successors and asigns. (iii) "Plaza Improvements" shall mean the plaza and the potion of the Parking Facility to be located under the plaza between the Museums, as same may be modified or redesigned pursuant to Section 3.3 of this'\,Agreement. 8 MIA LASHN 980,509,934v5 5-7-09 090409.090000 "Plaza Improvements Allocation" sha l have the meaning ascribed to it in Section 4.2(a) of this Agreement. (kU- —) "Possession Date" shall mean, for each ite, the date that the City delivers possession of such Site to the applicable Tenant under the Leases; provided that in no event shall the Posse'ssion Date occur prior to the date that the conditions set forth in Section 2u of the respective Leases have been satisfied. (111) "Project Coordination Team'' shall have the meaning ascribed to it in Section 3.10 of this Aareement. `. ti , (mmm)"Property" shall have the meaning ascribed tow in the Recitals. (nnn) "SBE'' shall have the meaning ascribed to `., it in Section 4.6 of this Agreement. V �i (000) "Site" shall mean individually each of the MAM Site and MSM Site, and "Sites'' shall mean collectively both the MAM Site and the MSM Site. (ppp) "Tenant" shall mean each of MAM, as lessee under the MAM Lease and MSM, the lessee under the MSM Lease (collectively, the Tenants), and their respective successors and permitted assigns. °� (qqq) "Unavoidable Delay" shall have the meaning ascrib''d to it in Section 10.4 of this Agreement. (rrr) "Wind and Solar Restriction" shall have the meattling ascribed to it in Section 3.8 of this Agreement. 1, Section 1.3. Authority to Enter into Agreements. The City represents, covenants and warrants to each of MSM and MAM that it has a valid right to enter into this Agreement and to permit MSM to develop the MSM Museum on the MSM Site and to permit. to develop the MAM Museum en the MAM Site. MSM represents, covenants and warr 'ts to the City and MAM that it has a valid right to enter into this Agreement. MAM represe ts, covenants and warrants to the City and MSM that it has a valid right to enter into this Agreement. Section 1.4. Term of Agreement. The term of this Agreement shall c�mmence on the Effective Date hereof and shall end, except as otherwise provided in this Agree ent, on the last to occur of (i) the MSM Completion Date, (ii) the MAM Completion Date, (iiia, the applicable completion date, if only one Museum proceeds under this Agreement, and (i�) the date of completion of the Minimum Park Improvements, but in no event later than seven \7) years from the Effective Date (unless extended by the Parties in writing). 9 MIA LASHN 180,509,934v5 5-7-09 090409.010000 ARTICLE II SITE COl\DITIONS, INSPECTIONS, ACCEPTANCE INISM and MAM have each conducted all tests, inspection and investigations of their respective portions of the Sites as they have deemed necessary andl each accepts its respective Site in "as -is" condition; and accepts complete responsibility for coten, itions encountered at their respective portions of the Site; including, but not limited to, unfores subsurface or otherwise concealed physical conditions; but specifically excluding enviro'un `tal conditions, which shall be dealt with pursuant to the terms of the Environmental Rem A�iation iation Agreement. For avoidance of doubt, this does not include any environmental condrtior(on or relating to the Sites which is not in compliance with any Environmental Laws and/or as `nay need remediation or work to provide clean Sites read), for the construction of the Museums,+,«-hich issue is dealt with in the Environmental Remediation Agreement. ARTICLE III I MUSEUM PARK PROJECT Section 3.1. Development of Museum Park Project. MSM, KW, and the City, or the City's designee, shall each serve as the developer of the MSM Museum, MAM Museum, and the Park Component, respectively. Each shall (a) manage and control the design, development and construction of its component, (b) be responsible for all pre -development i§sues required for its component, including but not limited to, regulatory reviews and approvals; traffic, parking and engineering analysis, all in accordance with Applicable Laws and in general conformance with the Museum Park Master Plan, (c) retain appropriate professionals to assist in the performance of these obligations, (d) except as otherwise expressly provided herein, in `the Leases or the Environmental Remediation Agreement, pay the costs for same from its own funds, and (e) coordinate its activities with the other Parties. Section 3.2. Infrastructure. (a) Site Improvements. MSM and MAM shall each be responsible for the performance of all work and the payment of all costs req! ired to design, develop, construct, and maintain all site improvement required for construction of their respective museums, which shall inclWe but not be limited to demolition, utility relocations, water, sewer and sanitation work (including any work required to bring utilities or sanit`a`tion for the Museums to the Sites), street improvements, landscaping and'�hardscaping, and other customary infrastructure work within the boundaries of the MSM Site and MAM Site, as applicable. The City shall be responsible for the performance of all work and the payment of all costs required to design, develop, construct, and maintain all site improvements r�quired for construction of the Park Component, which shall include b t not be limited to demolition, utility relocations, water, sewer and sanitati , n work, street improvements, landscaping and hardscaping, and other cu`,tomary 10 MIA LASHN 180,509,934x5 5-7-09 090409. Of 0000 (b) infrastructure work within the boundaries I excluding the Sites. of the Park Component but Infrastructure and Coordination PIan. The tin- and 1, useums shall work cooperatively, diligently, and in good faithith each other to develop an infrastructure andy coordination plan (`'Inf structure and Coordination Plan") for the Museum Park Project that i sets forth and coordinates infrastructure needs for each of the Museums and, to the extent mutually beneficial and economically feasible, for thel Park Component, provided that the City agrees in advance and in writing to pay its Agreed Share in connection with such shared infrastructure. Tie Agreed Share as to each of the Parties in any item of shared infrastructure shall be the share of all of the actual costs and expenses (hard and soft) on account of any such infrastructure, as agreed in advance in writing siIped by each participating Parry. The Parties shall use commercially reasonable, good faith efforts to agree on the Agreed Share for each Party, tak�g into consideration the rights of use and other benefits to inure to each of.the participating Parties. If a provider of utilities requires that capacity be', provided for the entire Museum Park Project in order for the Museums to obtain service, then the City shall participate in all negotiations with `'.the utilities provider regarding each Party's Agreed Share of such shared infrastructure. The City agrees that it will pay its Agreed Share of such: shared infrastructure at the time payment is due to the utility provider if the City currently has available funds for such use, and otherwise on a reimbursement basis to MSM and MAM when the City has such funds available. Any disputes regarding the Agreed Share for any Party in connection with such provider -required shared infrastructure shall be resolved pursuant to Article XI below. As of the Effective Date, the City h4 not yet identified sufficient funds to complete the Park Component as shoVvn in the Museum Park Master Plan, and it is likely that the Park Component and related infrastructure will not be developed on the same schedule'.as the rest of the Museum Park Project. The Museums have submitted a preliminary draft of the Infrastructure and Coordination Plan showing proposed connections to the existing water, sanitary sewer and stormwater drain mains, MSM's connection to the bay for its seawater lines (and related utilities), electrical utilities and conduits within and outside Museum Park, and other necessary infrastructure, to the City and to Cooper Robertson, a copy of which is attached hereto as Exhibit E. The City shall have lintil July 15, 2009 to review the preliminary Infrastructure and Coordination Plan for compliance with Article III of the Leases and with this Agreement, and shall approve or disapprove same with recommended changes and adjustments to bring it into compliance, all in accordance "'with the Approval Procedure. The Parties shall grant the easements required under the approved Infrastructure and Coordination Plan (subject to City Commission approval, if necessary), ori a reasonable and timely baits. The Parties agree to work cooperatively, diligently, and in good faith with each other to finalize the Infrastructure and Coordination Plan no Mater 11 MIA LASNN 180, 509, 934v5 5-7-09 090409.010000 September 1 2009, and to upd 4te same from time to time as necessan7 for the orderly, timely, and proer coordination and construction of the Museum Park Project. Section 3.3. Museum Common Areas and Aarkina. MAM and MSM shall work together to design. develop and operate the common o shared areas of the Museums including without limitation the plaza, Museum Drive (as defined in the Leases), and the parking facilities (the "Parking Facility"). The Parkin& Facili. , shall be designed and operated as a single; continuous under -building and under -plaza par'dng structure with a minimum of 440 parking spaces in the aggregate, as provided in Article I I of the Leases. The Parties recognize the likelihood that the Improvements on each Site \N ill be constructed and completed at different times. Accordingly, the portion of the Parkin,, Facility under each of the Museums may be designed and constructed (and, if necessary, opera ed) as an independent structure from the portion of the Parking Facility under the other muse to allow each of the Tenants to obtain building permits, certificates of occupancy, o cupational licenses and all other applicable authorizations, approvals, permits and license as may be necessary to develop, construct, operate, manage, maintain and repair such Imp ovements, irrespective of whether the Improvements on the other Site are underway, complet d andJor in operation. The Plaza Improvements may, at the option of MSM and MAM, be co structed after completion of both Museums to allow for coordination of construction but in n event later than seven (7) years after the Effective Date. MAM and MSM shall each be esponsible for the construction, operation and management of the portion of the Parking Faci ity located within its Site, at its sole cost and expense. If one of the Leases is terminated prior t the completion of construction of the Plaza Improvements under that terminated Lease, then t e Tenant under the remaining Lease shall provide a minimum of 300 below grade parking s aces in conformance with the Museum Park Master Plan, provided the City makes availabl and leases to such Tenant additional adjacent land sufficient to accommodate the addition 1 parking spaces. However, the sole remaining Tenant and the City will work diligently togeth r and in good faith to obtain funding (including without limitation the right to use the Plaza Im ovements Allocation of the terminated Tenant), execute necessary lease amendments, coo erate in the redesign and redevelopment of the Plaza Improvement area and otherwise Facili to the construction of the plaza and related parking facility, all in light of the changed circumstances at that time. The terminated Tenant will cooperate with the remaining Tenant and the City in pursuing and obtaining any necessary authorization for the use of such Plaza Impm�nts. ements Allocation for the redesign, redevelopment and/or construction of the Plaza Improve Section 3.4. Park Component Parking. The City shall be sol y responsible for all costs required to design, construct, develop and operate parking located ind necessary for the Park Component. Section 3.5. Changes to Park Component. The City reserves the riot at any time and from time to time, subject to Section 3.8 below and the other provisions o`this Agreement, including without limitation Section 5.3 to: (a) make or permit reasonable chan!s or revisions in its plan for the Park Component, including additions to, subtractions from, rea7angements of, alterations of, modifications of, or supplements to building areas, improvements, walkways, parking areas, driveways and other Park Component areas; (b) construct othez buildings or improvements in the Park Component, all in general conformance with the Museum\,Park Master 12 MIA LASHN 180, 609,934V5 5-7-09 090409.010000 Plan: and (c) convey all or portions of the Park: C mponent for the purpose of constructing thereon other buildings or impro-vements, including a ditions thereto and alterations thereof. all in general conformance with the -Museum Park 'haste Plan and an -v restrictions on transfer set forth in the Management Agreement; provided that th re is consensus among the members of the Museum Park Steering Group (defined as an agree ent reached by the vote of the majority of members of the Museum Park Steering Group voti g on a particular matter ) that: (i) such development, changes or alterations do not materially ffect the Museums' ability to operate or construct their respective projects as intended and (ii) any such change is consistent with the purpose and design intent of the Museum Park Mas er Plan. Provided that the foregoing conditions are met, the Museums agree to cooperate wi h the City in the development, changes and/or alterations to the Park Component consistent with the provisions of this Section, including specifically by providing necessary approvals pursuant o the Approval Procedure described in Article VI below required for such development, chane s and/or alterations, including being a co -applicant as necessary, provided that the City is resp nsible for all costs related thereto. y If there is a lack of consensus among the members of thMuseum Park Steering Group under clauses (i) and (ii) above, the matter shall be resolved in Arbitration pursuant to Article XI below. If necessary, the Museums shall cause anyone obtaining an interest in the Property through the Museums (or either of them) including, but no limited to, a Leasehold Mortgagee, to execute such approvals as may be necessary in order for 037 development, change or alteration meeting the requirements of this Section to take plac in accordance with the Approval Procedure, provided that the City is responsible for all cos s related thereto. Any such additions or changes to or expansion of the Park Component sha 1 be developed and constructed in accordance with the terms and conditions applicable to he initial construction of the Park- Component arkComponent under this Agreement. This provision shall survive the expiration or earlier termination of this Agreement. Section 3.6. Cooperation during Development and P annin . The Parties acknowledge the likelihood that the Improvements on each Site will be cons cted and completed at different times, and that the Park Component may not be fully del' loped until the opening of the Museums, as more particularly described in Section 3.2. Th Parties agree to cooperate and work in good faith with each other in coordinating developmen of each of their components of the Museum Park Project in order not to unreasonably interfere with each others' construction activities and schedules. Each Party shall work cooperatively anin good faith with the other Parties to maintain project timetables. The Parties agree to coop rate and work in good faith with each other, with each other's design teams and with Coo�er Robertson in creating a coherent ensemble of buildings and open spaces which acc mmodate the operational requirements of the Museums, are enhanced by the park setting, and reinforce the activities and character of the Museum Park Project. In order to enable the Parti to achieve this goal, the City agrees to allow MSM and MAM to participate in City meeting with Cooper Robertson. However, the City shall not be obligated to call special meetings wiiCooper Robertson for MSM or MAM unless the requesting entity agrees to pay Cooper R ,bertson's fees for such meetings. Moreover, any work requested by MAM or MSM of Cooper Robertson must be made through the City's designated representative and shall be paid for by the requesting entity unless it is a request that is expressly included in the basic services to be ',provided by Cooper Robertson under its agreement with the City. Unless otherwise provided irii,,wrkting by the City Manager, the City's designated representative shall be the same as the City`s representative in the Project Coordination Team. 13 MIA LASHN 180, 509, 934v5 5-7-09 090409.010000 Section 3.7. Replat. The Parties ackno« 1 dge that the City is currently in the process of replattina Museum Park to vacate all previousl , existing utility easements and correct the boundary line of Pump Station =?. The Circ- agrees that it shall proceed diligently to pursue the submittal and finalization of the tentative and final replat with the appropriate Governmental Authorky. The City shall keep the Museums update on the status of the replat at the monthly Museum Park Steering Group meetings. Section 3.8. Wind and Solar Restriction. In l ddition to the City's agreement to restrict improvements within the Park Component to be consistent with the Museum Park Master Plan, the City agrees to limit the height of permanent impro'.vements within an area of 400 feet from the Museums to a maximum height of 40 feet. Flagpoles will be excepted from the foregoing restriction. The initial term of the Wind and Solar Restriction shall run concurrently with the first thirty (3 0) year term of the Leases. Not later than thirty-six (3 6) months (x) prior to the end of the initial thirty year term; and (y) if then extended, prior to the end of each subsequent renewal term, the City agrees to give good faith consideration to extending the term of the Wind and Solar Restriction for the period of the next applicable term under the Leases, with the approval of the City Commission. The City agrees to execute and record a Wind and Solar Restriction in favor of the Museums in substantially the form attached hereto as Exhibit F simultaneously with providing record notice of the Leases. . Section 3.9. Museum Park Steering Group. (a) Composition, Function, and Governance. The Museum Park Steering Group shall be comprised of the president of MSM, executive director of MAM, the City Mayor, the County Mayor, the Director of the City's Parks and Recreation Department, and the Executive Director of the Bayfront Park Management Trust of the City of Miami (or its successor, if any) or their designees. The function of the Museum Park Steering Group is (i) to oversee and assist in coordinating the planning, design and construction of the Museum Park Project, (ii) to assist in expedited good faith, collaborative problem -solving and conflict resolution among the Parties pursuant to this Agreement and commercially reasonable rules to be adopted by the Museum Park Steering Oroup, which rules shall be designed to achieve the goals of the Museum Park Steering Group (including those specifically described in;• the Leases), and (iii) to constitute the governing body under the Masher Management Agreement. In addition to rules for expedited problems resolution, the Museum Park Steering Group shall adopt reasonable rules reg4rding its own governance, (b) Meetings. The Museum Park Steering Group �rshall establish a regular meeting schedule and beginning in September, 009, shall meet no less frequently than monthly to allow members to provide applicable reports, plans, and other information, discuss the progress and coordination of the various components of the Museum Park Project so 4s not to unreasonably interfere with each other's work or the operation of the Museums, and address issues and problems that arise in a good \'faith, collaborative manner. The City Project Liaison, County Project LiaiS' Pn, and the Project 14 MIA LASHN 180,509,934x5 5-7-09 090409.010000 Coordination Team Group meetings. (c) Reports. Each Partyl its design team's sco updates) for each majc its component of the cost and budget info: Museum Park Steerin design development Museum Park Project. this Section is intei coordination of the d Project, and not for p Party. Section 3.10. be entitled to attend all Museum Park Steering agrees to provide the other Parties with (i) copies of e for ivork. (ii) estimated timetables (with periodic r stage of the architectural and engineering Nvork on ?Museum Park Project; and (iii) reports containing anon. These reports shall be delivered at the Group meetings on a monthly basis donna both d durina construction of the components of the The provision of information and materials under idfd solely for informational purposes in the .v�lopment of each portion of the Museum Park urlioses of consent, approval, or comment by any 1 The Parties shall form an administrative committee (the "Project Coordination Team'') that shall include one representative M each to be designated in writing by MSM, AM, and the City. Those representatives or their designees shall attend all meetings of the Project Coordination Team, and shall work together to assist in coordinating the planning, design and cons`,truction of the Museum Park Project. The Project Coordination Team shall agree on a start date, which shall be no later than January 4, 2010, and, thereafter, meet no less frequently than weekly to make available (with any copies to be made at the receiving party's expense) applicably schedules, reports, plans (including the Construction Plans), construction contracts, updates to`'`the foregoing.and other information, and to discuss the progress and coordination of the various `components of the Museum Park Project in order to allow the Parties to develop their component' without unreasonable interference with each other's work or the operation of the Museums, and i.o address issues and problems that arise in a good faith, collaborative manner. It shall be the res onsibility of the representatives of the Project Coordination Team to make available at such me4tings any necessary additional staff or representative of such Party and/or additional informa'Tion in order to enable the Project Coordination Team to carry out its duties. The City Proj'eet Manager and the County Project Manager shall be entitled to attend meetings of the Proj�ct Coordination Team. The Project Coordination Team shall make provision to call special meetings upon reasonable prior notice from any member of the Project Coordination Team. The iembers of the Project Coordination Team or their designees will attend the meetings of the MoserPark Steering Group in order to provide information to the Museum Park Steering Group, including without limitation regarding the reports of the Parties described in Section 3.9 above. ARTICLE IV MSM MUSEUM, MAM MUSEUM, AND PARK COMPONENT PLANS AND CONSTRUCTION Section 4.1. Plans. The City acknowledges that it has no interest or ownership rights to the Plans or any other plans developed by either MSM or MAM for the Museums (including without limitation the Construction Plans) and, if either MSM or htAM does not proceed with 15 '� MIA LASHN 980, 509, 934v5 5-7-09 090409.070000 the NISIM Museum or MAM Museum for any re son whatsoever, each of the Museums shall retain any and all rights it may have with respect tc all such plans. Each of the Museums agrees to provide a set of final "as -built" drawings to the ity not later than thirty (3 0) days following the issuance of its certificate of occupancy, ' Section 4.2. Construction Agreements. (a) Museum Construction Ag-Teements, Each of MSM and M-01 shall select Florida licensed contractor(s) and/or construction manager(s) to construct its component of the Museum Park Project in accordance with state and local law. Each of MSM and MAM shall enter into a fixed price construction contract (the "MSM Construction Contract" and the "MAM Construction Contract". respectively) for the construction of the MSM Museum and the MAM Museum; respectively, either in the form of (i) a stipulated sum or (ii) on the basis of the cost of the work plus a fee, with a guaranteed maximum price or (iii) construction manager at risk with a guaranteed maximum price, with a completed Schedule of Values and projected construction schedule. Such initial fixed prices shall not exceed the amounts for same shown in the MSM Funding Plan and MA.M Funding Plan to be provided to the 'City Manager no later than 90 days prior to each Museum's Commencement Date, and shall include a contingency fund in an amount not less than three percent (3%) of the Cost of Work (as defined in such construction contracts). In addition, the MSM Funding Plan and MAM Funding Plan shall each show (x) a separate owner -controlled contingency fund in an amount not less than four percent (4%) of the Cost of Work to be used for unforeseen conditions, and (y) an allocation (the "Plaza Improvements Allocation") for each Tenant's share of the cost to construct its portion of the Plaza Improvements, which shall not be less; than $3,000,000. The Plaza Improvements Allocation may be used by 'each Tenant for the construction of its portion of the Plaza Improvements, aid for no other purpose. (b) City Construction and Agreements. The City shall select Florida licensed contractor(s) and/or construction manager(s) to construct the Park Component of the Museum Park Project in.,accordance with Applicable Laws. The City shall, at its option, engage a general contractor or construction manager under a fixed pric'%. contract or oversee the construction of the Park Component directly. T,,,�he City shall, at its option, be permitted to perform some of the work on the Park Component itself, provided such work is done in compliance with Applicable Laws. Section 4.3. City Project Liaison. The City may'utilize its owns,staff or it may hire and designate by written notice to MSM and MAM a third patty independent project management firm, which is not a member of the design team for either of the Museums`,or the City (the "City Project Liaison") to (i) review the plans and specifications for the MuseuYns (but only for the purposes and as specifically described in this Article IV); (ii) review the reports regarding progress of construction as described in Article III above; and (iii) attend meei�ngs and otherwise c VIA LASHN 180,509,934V5 5-7-09 090409.010000 review and monitor on the City's behalf the design d construction of the Museum Park Project. The costs of such services shall be paid by the Cit<-. Section 4.4. County Project Liaison. The arties acknowledae that the County may utilize its own staff or may hire a third party independ It project management firm. Nvhich is not a member of the design team for either of the Muse ms or of the Cite (the "County Project Liaison"), to review and monitor on the County's blalf the design and construction of the Museum Park Project. The costs of such services shall bF paid by the County. The Parties shall cooperate with the County to facilitate the County's revieN�,. Section 4.5. Conformity with Applicable Laws Plans, and all work performed by MSM with respect to t respect to the MAM Museum and the construction of the this Agreement, the Museum Park Master Plan, and all Plans, all work performed by the City with respect to the of the Park Component shall be in conformity with this Plan, and all Applicable Laws, Section 4.6. Construction of the Museums. (a) Each of MSM and MAM shall be ei utility work on the Possession Date, pt applicable insurance requirements of S The Construction MSM Museum and by MAM with iseums, shall be in conformity with )plicable Laws. The Construction -k Component, and all construction �eement, the Museum Park Master to commence site work and that it has complied with the 13.2 of the Leases. (b) Each of MSM and MAM shall be entitled,to commence construction of the foundations and any other component of its Improvements once it has provided to the City evidence reasonably sati�faetory to the City Manager that (i) it has secured funds for construction of the MSM Museum or MAM Museum (as applicable), in each case a cludmg exhibits, as more particularly described in the MSM Funding Pl and MAM Funding Plan (as applicable) described in Article V of th Agreement, (ii) it has obtained the applicable required permit(s) fo the current stage of construction, (iii) it has obtained a fixed or gul, anteed maximum price construction contract for the applicable componeri to be constructed, (iv) it has complied with the applicable insurance requ' �, ments of Section 13.2 of the Leases for the current stage of construction, ``(v) it has provided to the City a cost -loaded construction schedule for t'\e MSM Museum or MAM Museum (as applicable), in each case excl ding exhibits, that demonstrates its ability to complete the construction f its facility within the time stipulated in this Agreement, and (vi) it has �Issued a notice to proceed for the foundation work, which shall be deeme to be the MSM Commencement Date or the MAM Commencement Date,' applicable. (c) During the construction of each of the Museums, the work of each of MSM and MAM shall be available for reasonable observatiaTt by the City Project Liaison and the County Project Liaison, duzing normal construction hours (7 a.m. to 3 p.m. on weekdays except for legal 17 MIA LASHN 180,509,934v5 5-7-09 090409.010000 \ holidays) provided that all safety ah insurance requirements are complied with and such inspection does not interfere with the progress of the construction v, ork. I I (d) It is anticipated that the MSM M*urn shall be no less than 250,000 progran square feet, The square footage for the MSNI Museum size is subject to change based on factors sudh as construction market conditions. Any increase or decrease of greater than fifteen percent (15%0) in program square feet shall be subject to the review and approval of the County and the City and subject to the requirements of the Building Better Communities General Obligation Bond Agreements. However, if the County requires revie�� and approval of increases or decreases of less than 15% in program square feet, then the approval of the City shall also be required, (e) It is anticipated that the MAM Museum shall be no less than 100,000 program square feet. The square footage for the MAM Museum size is subject to change based on factors such as construction market conditions. Any increase or decrease of greater than fifteen percent (15%) in program square footage shall be subject to the review and approval of the County and the City and subject to the requirements of the Building Better Communities General Obligation Bond Agreements. However, if the County requires review and approval of indreases or decreases of less than 15% in program square feet, then the appi;oval of the City shall also be required. (f) The Museums acknowledge that they will ',be subject to, and shall use diligent good faith efforts to comply with, the Miami -Dade County Community Small Business Enterprise (' CSBE") and Miami -Dade County Small Business Enterprise ("SBE") `;goals established for each construction trade package in the construction of the Museums. The Museums agree that CSBEs and SBEs having 4n actual place of business in the City, including areas that have been `'designated in the City's Community Development Plan as Neighborhd.,od Development Zones ("NDZ"), as depicted in Exhibit G, shall be given,, an equal opportunity to compete for business in the construction of the',,,Museums. MAM and MSM agree to include in each of the MAM Construction Contract and MSM Construction Contract a prohibition against imposing any requirements on CSBEs/SBEs that are not customary, not in compliance with law, or that impose a financial burden that i.rtentionally impacts CSBEs and/or SBEs. MAM and MSM also agree to iz'clude in each of the MAM Construction Contract and MSM Construction 6,ontract and in each bid package a commitment to use diligent efforts to co-i'ply with all of the CSBE and SBE goals set forth in this section. The cons#uction of each of the Museums shall be subject to a Miami -Dade County Community Workforce Program ("CWP") goal of 15%. MSM and 'MAM may utilize SBD's hiring clearinghouse, to recruit workers to fill needed positions for 18 MIA LASNN 180, 509, 934v5 5-7-09 090409.010000 skilled laborers for the construclon of the Museums, as well as any available 'Workforce Deyelo ment Organizations. Workforce Reeruitmenv" eferral Organizatio s and other job hiring databases (including the South Florida \Vork orce and other union and non-union elearinahouses), and including rhos to designated target areas ("DTAs") in Miami -Dade Counn,, andtheOTA in which the Sites are located. MSM and MAM shall use good farts}i efforts to recruit workers from the DTAs and NDZs to satisA, the C'AT goal. in addition, MSM and MAM will aspire to have as many local w6rkers and local firms as reasonably practical and aspire to have at lest 50% of the workers for the construction of the Museums be residents of Miami -Dade County, 20% of which are City of Miami residents, and, aspire to have at least 35% of the firms hired as subcontractors for the construction of the Museums be firms located within Miami -Dade County. During the term of construction, MSM and MAM shall provide quarterly, reporting regarding the progress on the CSBE, SBE, and CWP goals described above. MSM and MAM shall implement a small business outreach program designed to increase small business participation during the construction of the Museums with a view to supporting the aspirational small business and local hiring goals described above, subject to Applicable Law. MSM and MAM shall comply with all conditions and requirements imposed on them by the County related to the construction of the Museums and the goals described above, Section 4.7. Permits and Approvals. MSM and MAM shall each secure and pay for any and all Approvals necessary for proper construction and completion of its museum, as and when required for the then current stage of development and/or construction of such museum. The City recognizes its role in the development of the Museum. Park Project and shall use reasonable, diligent efforts to take actions necessary to facilitate the permitting process in order to facilitate the corrirnencement and completion of construction of each of the MSM Museum and the MAM Museum, as soon as practicable. The City, in its role ;as a municipality, shall designate an individual within the City Manager's office who will have a primary (though not exclusive) duty to serve as the City's point of contact and liaison with My , M and MAM in order to facilitate and coordinate the review and processing of all permit and license applications across all of the various departments and offices of the City which have tbie authority or right to review and approve all applications for permits and licenses. ) Section 4.8. Payment and Performance Bond. Each of MSM and MAM shall secure and pay for a payment and performance bond in accordance with SectiaV 255.05 of Florida Statutes for the construction of the MSM Museum and MAM Museum, as ap'�licable, issued by a bonding company reasonably satisfactory to the County and the City, or reasonably equivalent security. The rights of the County and the City under the bond(s) shall baksubordinate to the rights of any Leasehold Mortgagee. Section 4.9. Access; Construction Staging and Parking, Seawater'Line Easement. MSM and MAM shall use (i) the access area described in the access easement shown on Exhibit H attached hereto, and (ii) the construction staging and parking areas described in the 19 MIA LASNN 180,509,934Y5 5-7-09 090409.010000 Construction Staging and Parking Easement horn on EJubit I attached hereto, each of which is to be granted pursuant to Section 3.1 of th Leases. The Construction Staging and Parking Easement shown on Exhibit I replaces in its en iren Exhibit D-3 to the Leases. For its seawater line and related equipment, A4S14 shall use tl e easement area described in the seawater line easement shown on Exhibit J attached hereto to e granted pursuant to Section 3.1 of the Leases. Section 4.10. Mechanics' Liens. (a) MSM shall not knowingly sdfer or permit any mechanics' liens to be filed against the title to the Prope , or the Museums or the Park Component, nor against MSM's nor MAM' interest in the Property by reason of work, labor, services or materials sup, lied to MSM or anyone having a right to possession of the MSM Site o the MSM Museum. 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 materialman for the performance of any labor or the furnishing of any materials, for 4ny specific work on the MSM Site or the MSM Museum nor as giving Iv{SM the right, power or authority to contract for or permit the rendering 'of any services or the Ru-nishing of any materials that would give rise 6 the filing of any mechanics liens against the City's interest in the MSM �ite. if any mechanics' lien shall at any time be filed due to the actions o or by a person or entity claiming through MSM against the MSM Site or ` he Property, MSM shall cause it to be discharged of record within thirty QO) days after the date MSM has knowledge of its filing. If MSM shall fall to discharge such mechanics' lien within that period, then in addition toy other right or remedy, either MAM (if such lien affects the MAM Site) othe City may, but shall not be obligated to, discharge the lien either by pa)4 ng the amount claimed to be due or by procuring the discharge of the Dien by deposit in court or bonding. Either MAM or the City as applica�le shall be entitled, if it so elects, and without waiving any rights or remedies for default hereunder, to compel the prosecution of any action fdr the foreclosure of the mechanics' lien by the lienor and to 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 either (if such lien affects the MAM Site) or the City, as applicable, shall bd�repaid to MAM or the City by MSM, immediately upon rendition of any invoice or bill by MAM or the City. MSM shall not be required to ply or discharge any mechanics' lien so long as MSM shall (i) in good faith proceed to contest the lien by appropriate proceedings, (ii) have given 1 otice in writing to MAM and the City of its intention to contest the valikity of the lien and (iii) famish reasonably satisfactory evidence that fan4s are or will be available to pay the amount of the contested lien claim v th all interest on it and costs and expenses, including reasonable attomn ys' fees to be incurred in connection with it. Neither MAM nor the City §hall be entitled to pay the lien or compel the prosecution of any action with respect thereto during any time that MSM is contesting such lien and had, provided to 20 MIA LASHN 180,509,934x5 5-7-09 090409.010000 l,Z,k-Ta1 and the Citi- reasonably kaiisfaciory evidence that it has the funds available to pay the amount of th contested lien as proN-ided above. 1 (b) ?`SIAM shall not knowingly suffe or permit any mechanics` liens to be filed against the title to the Pr pem, or the Muscums or, the Park Component, nor against IMSM's n r 1�2 M's interest in the Property by reason of work. labor, sen. -ices or aterials supplied to MAM or anyone having a right to possession of th `', MAM Site or the MAM Museum. Nothing in this Agreement shall be onstrued as constituting the consent or request of the City, expressed or i' plied; by inference or otherwise, to any contractor, subcontractor; laborer or materialman for the performance of any labor or the furnishing of any materials, for any specific work on the MA Siteor the MAM Museum n r as giving MAINZ the right, power or authority to contract for or permit t e rendering of any services or the furnishing of any materials that «you d give rise to the filing of any mechanics liens against the City's int rest in the MAM Site. If any mechanics' lien shall at any time be fil d due to the actions of or by a person or entity claiming through against the MAN Site or the Property, MAM shall cause it to be disch ged of record within thirty (3 0) days after the date MAM has knowledge o its filing. If MAM shall fail to discharge such mechanics' lien within tha period, then in addition to any other right or remedy, either MSM (if suc lien affects the MSM Site) or the City may, but shall not be obligated t , discharge the lien either by paying the amount claimed to be due or by rocuring the discharge of the lien by deposit in court or bonding. Either SM or the City as applicable shall be entitled, if it so elects, and without w iving any rights or remedies for default hereunder, to compel the prosection of any action for the foreclosure of the mechanics' lien by the lieno and to pay the amount of the judgment, if any, in favor of the lienor with interest, costs and allowances with the understanding that all amo nts paid by either MSM (if such lien affects the MSM Site) or the Ci as applicable, shall be repaid to MSM or the City by MAM, immediate) upon rendition of any invoice or bill by MSM or the City. MAM shall nit be required to pay or discharge any mechanics' lien so long as MAM 11 hall (i) in good faith proceed to contest the lien by appropriate procee ings, (ii) have given notice in writing to MSM and the City of its rote tion to contest the validity of the lien and (iii) furnish reasonably satisf�tory evidence that funds are or will be available to pay the amount of the contested lien claim with all interest on it and costs and expenses, incl ding reasonable attorneys' fees to be incurred in connection with it. Neit er MSM nor the City shall be entitled to pay the lien or compel the pro' ecution of any action with respect thereto during any time that MAM is pretesting such lien and has provided to MSM and the City reasonably' satisfactory evidence that it has the funds available to pay the amount of e contested lien as provided above. 21 MIA L4SHN 180,509,934x5 5-7-09 090409,010000 (c) The City shall not knowingly Vuffer or permit any mechanics' liens to be filed against the title to the Pr ern' or the Museums. nor against MS.Ms nor M. -M's interest in the Pro ertv by reason of ��,ork, labor; sen -ices or materials supplied to the City ozl anyone having a richt to possession of the Park Component or any portion hereof. Nothing in this Agreement shall be construed as constituting the, consent or request of either MS- or MAM; expressed or implied; by i� ferenee or othenvise; to any contractor, subcontractor, laborer or material `lan for the performance of any labor or the furnishing of any materials; for, any specific work on the Sites or the MSM Museum or the MAM Muse m nor as giving the City the right, power or authority to contract for or ermit the rendering of any services or the famishing of any materials tha would give rise to the filing of any mechanics liens against the Sites or the MSM Museum or the MAM Museum. If any mechanics' lien sha at any time be filed against the Property or the MSM Museum or the M Museum due to the actions of or by a person or entity claiming through the City, the City shall cause it to be discharged of record within thirty (30 days after the date the City has knowledge of its filing. If the City shall1 fail to discharge a mechanics' lien within that period, then in addition to y other right or remedy, either MSM or MAM may, but shall not be obliga ed 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 or bonding. e entity that paid shall be entitled, if it so elects, and without waivin any rights or remedies for default hereunder, to compel the prosecute n of any action for the foreclosure of the mechanics' lien by the lien o and to pay the amount of the judgment, if any, in favor of the lieno with interest, costs and allowances with the understanding that all am ants paid by the paying entity shall be repaid by the City to MSM r MAM, as applicable, immediately upon rendition of any invoice or bi ,l to the City. The City shall not be required to pay or discharge any me ,hanics' lien so long as the City shall (i) in good faith proceed to contest he lien by appropriate proceedings, (ii) have given notice in writing to MSM or MAM, as applicable, of its intention to contest the validity of the lien and (iii) furnish reasonably satisfactory evidence that funds ar or will be available to pay the amount of the contested lien claim with a 1 interest on it and costs and expenses, including reasonable attorneys' fe` to be incurred in connection with it. Neither MSM nor MAM shall be titled to pay the lien or compel the prosecution of any action with respe, t thereto during any time that the City is contesting such lien. Section 4.11. Development Schedules. The Construction Plans for \\ each of the Museums and the City shall include a projected progress schedule setting forth �'he projected construction start date and time parameters required for completion of each of the M�,seums and at least the Minimum Park Improvements as described in Section 5.3. The Parties shaft cause the progress schedule to be updated periodically and shall deliver copies of same to the other Parties in the reports to be delivered at the monthly Museum Park Steering Group meetings desc 'bed in Section 3.9 of this Agreement. MSM and MAM shall complete the MSM Museum Zd the 22 MIA LASHN 180, 509, 934v5 5-7-09 090409.010000 NLkM 'Museum as applicable on or before the '\1S?N-1 l ompletion Date and MAM Completion Date; as applicable. subject to Unaz•oidable Delay. The Cite shall complete the Nlinimum Park Improvements and the balance of the Park Component as rovided in Section 5.3. Section 4.12. Procurement. The Parties acknowl edge that construction of the Museums; which is not funded by the City. is not subject to the Cin- p ocurement code. Section 4.13. Cost Overrun Guarantv. N4SlN1 shall ay (and hereby guarantees payment of) all cost overruns in connection with the construction of e MSM Museum. MAM shall pay (and hereby guarantees payment of) all cost overruns in cd ection with the MAM Museum. The City shall pay all cost overruns in connection with the P4c Component. Section 4.14. Requests for Information. The Parties s all make available for inspection by the other Parties on a secure website to be established for 1 his purpose copies of each RFI (request for information) submitted in connection with its compo` ent, together with the response to same within a reasonable time after such response is received. Section 4,15. FDOT Area. The MAM Building is currentjy designed to be constructed along the boundary of the MAM Site and the FDOT Area (as defined in the MAM Lease), such that MAM will require access to the FDOT Area in order to cons ruct the MAM Building as currently contemplated and/or to perform any environmental remed;ation that may be required by MAM to construct its building. The City agrees to use commer` Tally reasonable efforts to assist and facilitate MAM, at no expense to the City, in obtainings ch permits, licenses, site access agreements and other entry rights (by persons and vehicles) - om FDOT which permit MAM to enter the FDOT Area, both on the ground and by cranes throw h air space, as necessary or desirable for the construction of the MAM Museum and/or enviro ental remediation, if needed. The City will apply for, accept and enter into such permits, lice ses and agreements in its own name and/or on behalf of MAM if required to do so by FDOT, a,l of which shall be on terms and conditions mutually acceptable to MAM and the City, provided \1that the City shall not be required to assume any liability as a result of such permits, licenses and/dr agreements. ARTICLE V MeRtUINC Section 5.1. Funding by MSM. The MSM Funding Plan shall includ. projected costs and draw down schedules for County, private sector pledges, permitted fmari ings and other funding for the design, development, and construction of the MSM Museum. MS agrees that it shall use diligent, commercially reasonable efforts to secure funds sufficient to pa such design, development, and construction costs, as and when due pursuant to the terms of t "s Agreement and the MSM Construction Contract. Prior to the issuance of the notices to proceed described in Sections 4.6(b), MSM shall deliver to the City Manager evidence reasonably satisfactory to the City Manager that it has written commitments for such funds as required in Sections 4,�(b). Section 5.2. Funding by MAM, The MAM Funding Plan shall include projected costs and draw down schedules for County, private sector pledges, permitted financings and other funding for the design, development, and construction of the MAM Museum. MAM agre�s that 23 MIA LASHN 180, 509, 934v5 5-7-09 090409.010000 it shall use diligent, commercially reasonab] design, development, and construction costs. Agreement and the Construction Contr, described in Section 4.6 (b), MAM shall di satisfactory to the City Manager that it has Sections 4.6 (b). Section 5.3. Funding by the Citv. efforts to secure funds sufficient to pay such as and when due pursuant to the terms of t1,1s :t. Prior to the issuance of the notices top roceed Iver to the City Manager evidence reasonably yen commitments for such funds as required in (a) If the boundaries of the 'Omni Community Redevelopment ,agency ("Omni CRA") are expande ,,, to include Museum Park, the City shall use good faith efforts to cause the10mni CRA to contribute sufficient funds for development of the Park Com�onent in accordance with the Museum Park Master Plan. The Parties ac.Qwledge that the decision to use Omni CRA funds for the Park Component'is subject to approval by the Omni CRA Board of Commissioners. n (b) As of the Effective Date, the extended, and the City has not y4 i the Park Component as shown in t `e agrees that (i) it shall construct ce ' a scope of which shall be agreed upon into consideration the City's f nanciz (12) months prior to the Museums' museum, as described below, to opening and operation of the Museun to obtain funding and complete the accordance with the Museum Park A mm CRA boundaries have not been dentified sufficient funds to complete Museum Park Master Plan. The City in Minimum Park Improvements, the by the City and the Museums, taking con lotic soon as possible thereafter. The provisi', dition, by no later than twelve e of proposed opening of the the Park Component for the (ii) it shall use diligent efforts cc of the Park Component in Plan and Applicable Laws as n set forth in (ii) above shall survive the expiration or earlier termin do Minimum Park Improvements shall be co pl the first of the Museums to be completed, pr, received not less than twelve (12) months proposed opening of such Museum and suffic discretion of the City Manager, to allow it to Improvements within said twelve (12) month cooperate and work in good faith with e development of each of their components of the City's construction of the Minimum Par where necessary, provision by the City of alt and provision by the Museums of sufficient discretion of the City Manager, to the property Park Improvements) in order not to unreas others' construction activities and schedule n of this Agreement. The eted by the opening date of vided that the City shall have dvanee written notice of the ent access, in the reasonable erform the Minimum Park p' riod. The Parties agree to ac other in coordinating the useum Park Project and k Improvements (including, ,mat, e construction access acce�s, in the reasonable to pe`�form the Minimum onably �terfere with each s. To the extent that the construction of the Museums interferes with the City's a%ity to construct the Minimum Park Improvements, then the deadline for co pletion of the 24 MIA LASHN 180,509,934v5 5-7-09 090409.010000 N-linimum Park Improv period of time. Section 5.4. N shall be extended for a commensurate ontributions. :? 4SI\1. IMAM and the City each agree to notify the other Parties promptly in ��vritinQ in the e�-ent that it becomes aware of any material variation in the amounts of. schedules Ar or uses of amounts to be contributed by such Party pursuant to this Agreement. ARTICLE VI APPROVAL PRO Section 6, 1. Procedure. Any approvals of written ubmissions (for lack of doubt, these do not include building and other permits issued by the City'n its municipal regulatory capacity) requested pursuant to this Agreement shall be reviewed in ccordance with the procedure (the "Approval Procedure") described in this Article. Each pers6V, including without limitation the City, MAM, MSM, the Museum Park Steering Group, and any Leasehold Mortgagee, who is requested to review and approve a written submission, shall, have a period of fifteen (15) business days after the receipt of the written submission (vr submission must be complete and detailed enough to allow reasonable review) to advise the re uesting parte, in writing, of its approval or disapproval of same. If no written disapproval is re eived by the requesting party within said 15 business -day period, then the written submission s. all automatically be deemed approved by such person. In the event such person disapproves ` f part or all of such written submission, that disapproving person shall include in its written not ication the specific reasons for disapproval (which must be commercially reasonable and Mtbiri, any parameters for review specified in this Agreement, if any) and the recommended steps nec`,,ssary to correct same. In the event of a disapproval that complies with the requirements of this ', ction (including without limitation time periods), the requesting party may at its option resu it the revised written submission to the disapproving person revised to cure the ground of," he disapproval. Any resubmission shall be subject to review by the disapproving person puf uant to the foregoing plan approval process except that the time period for review shall be se',en (7) business days until the same shall be finally approved by such person provided, however, t at if a submission is resubmitted regarding substantially the same issue and is disapproved two (; times in total, the matter shall be resolved as provided in Article XI of this Agreement. All Part s shall attempt to resolve any disputes concerning any such written submissions in good faith`, d such Parties shall not unreasonably withhold or condition or delay their consent to any , such requested approval. `\ Section 6.2. Approvals and Consents. Wherever in this Agreement the approval or consent of any party (including without limitation the City Manager) is required, it is�nderstood and agreed that unless specifically stated to the contrary, such approval or consent s1*1 not be unreasonably withheld, conditioned, or delayed. Wherever in this Agreement the approval or consent of the City is required, except as otherwise specifically provided herein, or as may otherwise be required by Applicable Laws in the opinion of the City Attorney, the written approval or consent regarding the matter in question by the City Manager or his/her designee, on behalf of the City shall satisfy the requirement for approval or consent of the City for `all purposes. Each of MSM and MAM acknowledges that when the City acts or exercises any rights 25 MIA LASHN 180, 509, 934v5 5-7-09 090409.010000 or obligations under this Agreement, it is doing so in it capacity as the fee owner of the Property and not as a municipalin,-. and that the role of the Cite s a municipality is separate and distinct from the role of the City as the fee owner of the Prope •n, under this Agreement. NVherever in this Agreement the approval or consent of MSM is re wired, except as othenvise specifically provided herein; the written approval or consent regarding the matter in question by Gillian Thomas shall satisfy the requirement for approval or c, nsent of the MSM for all purposes. Wlierever in this Agreement the approval or consent of 1�C M is required, except as othervise specifically provided herein; the written approval or consent regarding the matter in question by Terry Riley or Jose Garcia shall satisfy the requirement for`.approval or consent of the MAM for all purposes. '1 ARTICLE VII RELATED DOCUMENTS Section 7.1. Master Management Agreement. Thi City, MSM and MAM shall negotiate and execute an overall Management and Operation Agreement (the "Management Agreement") with respect to the operation, maintenance, r�pair and replacement of each component of the Museum Park Project, including the MAM Museum, MSM Museum, Park Component and any shared facilities. The Management Atement will incorporate, at a minimum, the provisions specifically contemplated by the IOU to be addressed in the Management Agreement, to the extent not addressed or agreed io in the Leases and/or in this Agreement. The Management Agreement mill also contain an a�greement by the City for the initial thirty (30) year term of the Leases that it shall operate the P�k Component in accordance with the Museum Park Master Plan and the Management Agree'ent, and it shall only sell, convey or otherwise transfer the Park Component to an entity that (� agrees to operate the Park Component as a park in accordance with the Museum Park Master' Plan and the Management Agreement, (ii) provides satisfactory evidence to the Museumsthat it has the financial wherewithal to meet the obligations of the City with regard to the Pqrk Component under the Leases, this Agreement and the Management Agreement during that irty year term, and (iii) agrees to bind itself and any subsequent transferees of the Park Component to all of the foregoing restrictions and those set forth in Article XXV of the Leases.\ To the extent that the terms and conditions of the Leases and/or this Agreement are inconsiste�t or conflict with the terms and conditions of the Management Agreement addressing the s e subject matter, the terms and conditions of the Management Agreement shall control. Section 7.2. Building Better Communities General Obligation Bo d A eements and GOB Administrative Rules. The Parties acknowledge that the County is pro iding funding for each of the Museums pursuant to the terms of the Building Better Co unities General Obligation Bond Agreements and the County administrative rules applic ble thereto, the provisions of each of which are incorporated into this Agreement by reference. +. e Parties agree to such provisions and shall abide by and cooperate in good faith to assist MS Mand MAM in complying with the terms and conditions of such agreements and rules. To the extent that the terms and conditions of this Agreement are inconsistent or conflict with' unexpired and conditions terms of the Building Better Communities General Obligation Bond Agreements and/or the County administrative rules applicable thereto addressing the same subj ed,,matter, the 26 MIA LASHN 180,509,934v5 5-7-09 090409.010000 terms and conditions of the Buildina Better Communities General Obliaation Bond Aareements and the Counts- administrative rules shall control. ARTICLE VIII MORTGAGEES The City agrees for the benefit of any Leake Leasehold Mortgage, that any such holder, during tli�� of the same rights with respect to this Agreement as Article XVII of the MSM Lease and the MAM Lease the right to take over any and all of the applicable and/or cure any default of the applicable Tenant herei ARTICLE INSURANCE, CASUALTY AND Section 9, 1. Insurance and Casualtv. The with any casualty as required under the Leases. Section 9.2. Indemnification. .old Mortaaaee which is the holder of any pendency of this Agreement, shall have all -e afforded to Leasehold Mortgagees under as applicable, including without limitation ,Tenant's obligations and riahts hereunder CATION shall maintain insurance and deal (a) To the maximum .extent permitted by' defend and hold harmless the City, and agents and instrumentalities from and liability, cost or expense, including re arising out of (a) any breach, default or this Agreement, or (b) any personal or e law, MSM shall indemnify, officers, employees, attorneys, .inst any claim, loss, damage, viable attorneys' fees, directly representation by MSM under 'ily injury, including death, to any person and destruction of property fsulting from the negligent performance (or failure to perform) by MS in the construction of the MSM Museum; provided, however, that the\foregoing indemnification shall not extend to those claims, losses, d ages, liabilities, costs or expenses asserted against or suffered by the`City (or its officers or employees) which are due to the negligent acts omissions of the City (or its officers, employees, contractors, subco tractors, licensees, or invitees), or to any action taken by the City in viola 'on of this Agreement or any action not taken that is required un r this Agreement. Notwithstanding the foregoing, MSM shall not be liab e for any liabilities, damages, suits, claims and judgments of any nature (i eluding reasonable attorneys' fees and expenses) arising from or in conned ion with any loss or liability due to an Unavoidable Delay. (b) To the maximum extent permitted by State law, MAM shall indemnify, defend and hold harmless the City, and its officers, employees, attorneys, agents and instrumentalities from and against any claim, loss, damage, liability, cost or expense, including reasonable attorneys' fees, directly 27 MIA LASHN 180,509,934v5 5-7-09 090409.010000 arising out of (a) any breach, defau t or misrepresentation by MAN-4 under this Agreement; or (b) any persona 1 or bodily injun-. including death; to any person and destruction of pr�pem� resulting from the negligent performance (or failure to perform)`by l\Z41\,Z in the construction of the MAIM Museum; provided; ho«•ever, that the foregoing indemnification shall not extend to those claims; 1�sses, damages, liabilities; costs or expenses asserted against or suffer4d by the City (or its officers or employees) which are due to the neg4gent acts or omissions of the City (or its officers. employees; contractors, subcontractors, licensees, or invitees), or to any action taken by the �ity in violation of this Agreement or any action not taken' that isequired under this Agreement Notwithstanding the foregoing, MAM sh 11 not be liable for any liabilities, damages, suits, claims and judgments oPany nature (including reasonable attorneys' fees and expenses) arising frorp or in connection with any loss or liability due to an Unavoidable Delay. (c) To the extent and within the limitations of Section 768.28 Fla. Stat., and subject to the provisions of that statute whe6by the City shall not be held liable to pay a personal injury or property `damage claim or judgment by any one person which exceeds the sum set. forth in said statute, or any claim or judgments of portions thereof, which., when totaled with all other occurrences, exceeds the sum set forth in 'said statute, the City shall indemnify and hold harmless the Museums, aiid their respective officers, directors, trustees, employees, attorneys and 'agents from any and all personal injury and property damage claims, losses, liabilities and causes of action arising from the same claim which may arise solely as a result of the negligence of the city in connection with i s nghts and obligations under this Agreement. However, nothing hefem shall be deemed to indemnify a Museum from any liability or cldm arising out of the negligent performance or failure of performance d., the Museum or of its respective officers, directors, trustees, employees, contractors or subcontractors. Notwithstanding the foregoing, the 6ty shall not be liable for any liabilities, damages, suits, claims and judgments of any nature (including reasonable attorneys' fees and expenses) from or in connection with any loss or liability due to an Unavoidable Delay. (d) The provisions of this Section 9.2 shall survive the expii ion or earlier termination of this Agreement. ARTICLE X DEFAULT Section 10.1. MSM Default. In the event of the failure of MSM to perform any. of the covenants, conditions or agreements which are to be performed by MSM under this Agreement, and the continuance of such failure for a period of ninety (90) consecutive days after written notice in adequate detail from the Parry asserting the default to MSM (provided, however, if such 28 MIA LASHN 180,509,934v5 5-7-09 090409.010000 failure cannot reasonably be cured within ninety (90) days day period, shall have commenced and thereafter continue such failure, said failure shall not constitute a default herei Leasehold Mortzaaee shall have such rights of notice and el MSM as granted herein as are made available to such Le Lease for any default by MS? l as the tenant thereunder), th the fullest extent permitted by law. shall have the right to p at law or in equity, including the right to terminate this A2 thirty (30) days notice to the Parties, sue for and collect dar. rights of the Party asserting the default and to enjoin MSM. and MSM. within said ninety (90) diligently to prosecute the cure of ider, and provided further that any ,e With respect to the obligations of >ehold Nlortgagee under the NISM n the Party asserting the default, to -sue an}, and all remedies available -ement as to MSM after providing iges and to specifically enforce the Section 10.2. MAM Default. In the event of the failure of MAM to perform any of the covenants, conditions or agreements which are to be performe by MAA4 under this Agreement, and the continuance of such failure for a period of ninety (9) consecutive days after written notice in adequate detail from the Party asserting the default to MAM (provided, however, if such failure cannot reasonably be cured within ninety (90) da s, and MAM, within said ninety (90) day period, shall have commenced and thereafter continue diligently to prosecute the cure of such failure, said failure shall not constitute a default hereund r, and provided further that any Leasehold Mortgagee shall have such rights of notice and cure ith respect to the obligations of MAM as granted herein as are made available to such Leaseho d Mortgagee under the MAM Lease for any default by MAM as the tenant thereunder), then th Party asserting the default , to the fullest extent perrnitted by law, shall have the right to pursue y and all remedies available at law or in equity, including the right to terminate this Agreeme t as to MAM after providing thirty (30) days notice to the Parties, sue for and collect damages d to specifically enforce the rights of the Party asserting the default, and to enjoin MAM. Section 10.3. City Default. In the event of the failure of thk City to perform any of the covenants, conditions or agreements which are to be performed by i under this Agreement, and the continuance of such failure for a period of ninety (90) consecuti days after written notice (provided, however, if such failure cannot reasonably be cured wit - said ninety (90) day period, and the defaulting party, within such ninety (90) day period, sh 1 have commenced and thereafter continued diligently to prosecute the cure of such failure, said failure shall not constitute a default hereunder), then the Party asserting the default, to the llest extent permitted bylaw, shall have the right to pursue any -and all remedies available at law` r in equity, including the right to terminate this Agreement after providing thirty (30) days notice o the Parties, sue for and collect damages and to specifically enforce the rights of the Party arse ' ing the default, and to enjoin the City. Section 10.4. Unavoidable Delay. For the purpose of any of the rovisions of this Agreement, neither the City (including the City Manager) nor MAM, nor MSM, as.the case may be, shall be considered in breach of or in default in any of its obligations under this Agreement in the event of "Unavoidable Delays" (defined below). As used herein, the term"Unavoidable Delays" shall mean delays due to strikes, slowdowns, lockouts, acts of God, inabili' y to perform due to court order, inability to obtain Iabor or materials, or to settle insurance claims due to governmental restrictions, delays relating to Applicable Laws or Approvals beyond th�\control of the Party seeking same, war, enemy action, acts of terrorism, civil commotion, fire,'.;casualty, flood, unusually severe weather conditions (such as tropical storms or hurricanes), delays by the 29 MIA LASHN 180,509,934x5 5-7-09 090409.010000 Citi•. the Count• or anv other Government agency. in any negotiation; review approval or inspection required herein (which impact the obligations hereunder of the entity claiming Unavoidable Delay), the application of any Applicable Laws, or an), other cause beyond such Party's reasonable control, but not including such Pam's financial condition or inability to obtain funding or financing (unless such condition arises fro i an Unavoidable Delay). All Unavoidable Delays must be beyond the reasonable control of t le party asserting the delay. In the event of the occurrence of any such Unavoidable Dela the time or times for the performance of the covenants and provisions of this Agreement all be extended for the period of Unavoidable Delay; provided, however, that (i) the Party seeld g the benefit of the provisions of this Section shall, within thirty (30) days after such Parry sh 1 have become aware of such Unavoidable Delay, give written notice to the other Party thereof of the cause or causes thereof and the time anticipated to be delayed; and (ii) no Unavoidable elay shall serve to extend the time for performance of the covenants or provisions of this Agre ment by more than three (3) years (unless extended by the Parties in writing). Section 10.6. Obligations. Rights and Remedies Cumulative: Cure Periods. The rights and remedies of the Parties, whether provided at law, in equity or utder this Agreement, shall be cumulative. The exercise by any party of any one or more of such remedies shall not preclude the exercise by it, at the same or different times, of any other such r medies for the same default or for any other default or breach by the other party. No waive made by either parry with respect to performance, manner or time of any obligation of any o , r party or any condition to its own obligation under this Agreement shall be considered a waive of any rights of said party with respect to the particular obligations of any other party or condit n to its own obligation, or a waiver in any respect in regard to any other rights of said party. ` 11 notice and cure periods applicable to alleged defaults shall be tolled in the event that a Party hallenges the existence of the alleged default in an Arbitration or other legal proceeding until th date that the arbitrator or presiding authority renders a decision in the proceeding, at with time, i such Party is found to be in default, the cure period shall commence. All notice and cure perio s shall not apply to the outside dates for the commencement and completion of construction ereunder; however, the foregoing shall not limit the applicability of Unavoidable Delay or an Leasehold Mortgagee protections granted in this Agreement or the Leases. Section 10.6. No Indirect Damages. In no event shall any P qbe liable under any provision of this Agreement for any special, indirect, incidental, conseque tial, exemplary, treble or punitive damages, in contract, tort or otherwise, whether or not pro ided by statute and whether or not caused by or resulting from the sole or concurrent neglige e or intentional acts of such parry. Furthermore, the limitation of liability herein shallnot apply to any indemnification for third party claims available at law or pursuant to, but subject to the limitations in, Article IX. This provision shall survive the expiration or e lier termination of this Agreement. ARTICLE XI DISPUTE RESOLUTION PROCEDURES Section'l 1. 1. General Dispute Resolution. The Parties acknowledge that litigation is expensive and time consuming, and that the parties to a dispute are frequently in�\a much better 30 MIA LASHN 980,509,934v5 5-7-09 090409,090000 position to reach a satisfactory resolution- whkn v,-orking in a good faith, commercially reasonable. collaborative manner. Accordingly he Parties agree that they Evill each work to resolve anN- disputes in a good faith. commerciallyj reasonable. collaborative manner as follows: (a) The Parties shall first «vork'to resolve any problems at the weekly Project Coordination Team meeting s. MSM. N M\4 and the Cit) each agree to notify the other Parties and the members of the Museum Park Steering Group promptly in writing n the event that it becomes aware of any continuing or repeated ma erial unreasonable interference with the complaining party's work or operations where the offending party has been informed of the problem but has not sufficiently addressed it. Such mitten notification shall recite he foregoing facts with specifics and shall be a condition precedent to the making of any claim for such damages in any Arbitration or litigation pro ,eeding hereunder. (b) If the problem is not resolved at "he Project Coordination Team meetings, any Party may present the problem at a Museum Park Steering Group meeting. The Museum Park Steeping Group will work with the members of the Project Coordination Team tb resolve the issue. If the problem is not resolved with the assistance of the. Museum Park Steering Group within thirty (30) days after presentation, the issue may be submitted for Arbitration at the request of any Party as provided below. Section 11.2. Arbitrator(s). Any dispute hereunder which is expressly stated to be resolved under this arbitration provision, shall be referred t0 and exclusively and finally settled by binding arbitration, conducted in accordance with the 'Construction Arbitration Rules (or similar successor rules thereto) and this Article XI. The place of arbitration shall be Miami, Florida. In the event that any Party calls for a determination in arbitration pursuant to the terms of this Agreement, the Parties shall have a period of ten (10) aays from the date of such request to mutually agree on one arbitrator who, at a minimum, must l e an attorney with at least fifteen (15) years experience practicing real estate construction laW� (with significant experience in construction contracts and development projects and related litl;gation) in Miami -Dade County, Florida. If the Parties fail to agree, each Party shall have an dditional ten (10) days to each select an individual meeting the same minimum qualifications'. set forth above, and the three arbitrators selected shall select an arbitrator to be the arbitrator fbthe dispute in question. If any Party fails to make its respective selection of an arbitrator withii�1 the additional 10 -day period provided for above, then the remaining Parties' selections shall seld'pt the arbitrator. Section 113. Arbitration Process. The arbitrator shall de&ide the issues submitted to him/her in accordance with (i) the language, commercial purposed restrictions contained in this Agreement (including exhibits hereto, if any) and (ii) what is 1j, t and equitable under the circumstances, provided that all substantive issues shall be determi ed under the laws of the State of Florida and all matters involving the discretion of the City ', ommission shall not be subject to arbitration, but instead shall be subject where appropriate t„ judicial review. With respect to any arbitration proceeding hereunder, the following provisions'shall apply: `i 31 MIA LASNN 180, 509, 934v5 5-7-09 090409.010000 (a) The Parties shall cooperate with one another in the production and discovery of requested documents, and in the submission and presentation of arguments to the arbitrator at the earliest practicable date. (b) The arbitrator conductin*a any arbitration shall be bound by the provisions of this agreement and shall not have he power to add to, subtract from or othenvise modify such provisions. � (c) The Parties renounce all recourse to litigation with respect to the matters in this Agreement which direct the dispute in question to be resolved under this arbitration provision, and j agree that; with respect to such matters only, the ruling and award (if, any) of the arbitrator(s) shall be conclusive, final and binding upon the Parties, and shall not be subject to judicial review. Judgment on the award pf the arbitrator may be entered in any court having jurisdiction over the Party against which enforcement of the award is being sought, and any Party may institute judicial proceedings to compel arbitration in accordance with the provisions hereof. (d) Each Parry shall be responsible for its own costs and expenses incurred in the arbitration, including attorneys' fees, but the costs of the presiding arbitrator and the arbitration itself shall be shared equally by the Parties. (e) Except to the extent this Agreement expressly provides that certain matters are to be resolved with the assistance of the Museum Park Steering Group and/or by submission to Arbitration, all disputes between the Parties shall be resolved by litigation. ARTICLE XII MISCELLANEOUS PROVISIONS Section 12.1. Sovereign Rights. The City shall retain all of its sovereign prerogatives and rights as a municipality under State law with respect to the Museum Park Project. It is expressly understood that; (a) The City retains all of its sovereign prerogatives and rights and regulatory authority (quasi-judicial or otherwise) as a municipal corporation under State law and shall in no way be estopped by virtue; of its execution of this Agreement from withholding or refusing to issue', any approvals in its municipal regulatory capacity of applications for building, zoning, planning or development under present or future haws and regulations whatever nature applicable to the planning, design, construction and development of the Museum Park Project, or the operation thereof, or be liable for the same; and (b) The City shall not by virtue of this Agreement or any. other agreement entered into by the City relating to the Museum Park Prosect, be obligated 32 MIA LASHN 980, 509, 934v5 5-7-09 090409, 010000 in its municipal regulatory capacity to ant N,1SM or l Lk,1\4 any approvals of applications for building. zoning, planning or development under present or future laws and ordinances o wahateN,er nature applicable to the planning, design, construction; devel pment and/or operation of the Museum Park Project. Not-w-ithstanding and prevailing over any contrary provisic in this Agreement, any covenant or obligation of the City in its municipal regulato y capacity that may be contained in this Agreement shall not bind the City Commission or arly City department or authority, committee or agency to Grant or leave in effect any zoning hanaes, variances, permits, waivers; or any other approvals that may be granted, withhe d or revoked in the discretion of the City in its municipal regulatory capacity or other applicable governmental agencies in the exercise of its police power. Section 12.2. No Partnership or Joint Venture. Nothing !contained in this Agreement is intended or shall be construed in any manner or under any circumstances whatsoever as creating or establishing a partnership or a joint venture between or among any of the Parties or as constituting any Party as the agent or representative of any other Panty. Section 12.3. Prevailing Laws and Venue. This Agreemd'nt shall be governed by the laws of the State of Florida. If any term, covenant, or condition of this Agreement or the application thereof to any person or circumstances shall , to any extent, be determined by appropriate judicial authority to be illegal, invalid, or unenforceable, the remaining terms, covenants and conditions of this Agreement, or application of such }crm, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant, or condition of this Agreement shall be valid and be enforced to the fullest extent permitted by law. Venue for any action under this Agreement not required to be resolved in Arbitration shall lie in the Ci cuit Court of the Eleventh Judicial Circuit in and for Miami -Dade County, Florida. Section 12.4. Waiver of Jury Trial. The Parties hereby each '� knowingly, irrevocably, voluntarily and intentionally waive any right such Party may have to a any action, proceeding or counterclaim based on this Agreement, or art' i connection with this Agreement or any amendment or modification of i other agreement executed by and between the Parties in connection with course of conduct, course of dealing, statements (whether verbal or writ Party hereto. This waiver of jury trial provision is a material inducement into this Agreement. Section 12.5. Notices. Any notice or communication under this writing and shall be deemed sufficiently given if hand delivered or dispat certified mail, postage prepaid, return receipt requested, or by nationally delivery service, to the appropriate party or entity, and their respective c representatives as set forth below, at the address specified below or at which the other parties shall be duly notified in writing: by jury in respect of out of, under or in Agreement, or any s Agreement, or any n) or actions of any i the Parties to enter Agreement shall be in che` by United States ree ` zed overnight ounse, and authorized such other address of (a) In the case of a notice or communication to the City, to: 33 MIA LASNN 180,509,934v5 5-7-09 090409.010000 City of Miami Attention: Cite Mana_er Miami Riverside Buildina. 10th F1 444 S. Vv . 2nd Avenue Miami. Florida 33130 City Attorney Cit, of Miami Miami Riverside Building, 9`h Floor 444 S.W. 2nd Avenue Miami, Florida 33130 Department of Public Facilities City of Miami Miami Riverside Building, 3rd Floor 444 S.W. 2nd Avenue Miami. Florida 33130 (b) In the case of a notice or communication to the gity Project Liaison, to: City of Miami City Manager's Office 444 S.W. 2nd Avenue Miami, Florida 33130 Attn: Roger Hernstadt (c) In the case of a notice or communication to Museum of Science, Inc. 3280 South Miami Avenue Miami, Florida 33129 Attn: President With a copy to: The Lumpkin Law Firm, P.A. Gables International Plaza, 5th Floor 2655 Le Jeune Road Coral Gables, Florida 33134 Attn: Peyton White Lumpkin, Esq. 34 MIA LASHN 180, 509, 934x5 5-7-09 090409.010000 to: ' White & Case LLP 200 South Biscayne Boulevard Wachovia Financial Center, Suite 4900 Miami. Florida 33131 Attn: Victor M. Alvarez, Esq. (d) In the case of a notice or communication to MA�2, to: Miami Art Museum of Dade County Association, Inc. 101 Flagler Street Miami, Florida 33130 Attn: Director With a copy to: Greenberg Traurig, P.A. 1221 Brickell Avenue Miami, Florida 33131 Attn: Matthew B. Gorson, Esq. Nancy B. Lash, Esq. All notices shall be deemed received when actually delivered if deliverd by hand or by a nationally recognized overnight delivery service and shall be deemed deli eyed five (5) days following mailing in the event mailed as provided above. All no'ces of approval, disapproval or default to be given under this Agreement must be in wr ting and must be given as provided in this Section. Section 12.6. Titles of Articles and Sections. The titles of the several pArts, Articles and Sections of this Agreement are inserted for convenience of referencc tj and shall be disregarded in construing or interpreting any of its provisions. Section 12.7. Counterparts. This Agreement is executed in severalcount arts, each of which shall be deemed an original, but all of which shall constitute one and the s e instrument. Section 12.8. Successors and Assigns. All of the covenants, conditions an obligations contained in this Agreement shall be binding upon and inure to the benefit oft e respective successors and assigns of the Parties. Section 12.9. Construction and Interpretation. Reference to any Art -1 e, section, paragraph, exhibit, or subpart thereof, unless otherwise provided, shall refer tots greement. Use of the term "including" shall mean "including, without limitation", Each of e Parties hereto and their counsel have reviewed and revised, or requested revisions to, this A eement, and the usual rule of construction that any ambiguities are to be resolved against th , drafting parry shall be inapplicable in the construction and interpretation of this Agreement ,,and any amendments or exhibits to this Agreement. I Section 12.10. Attorneys' Fees. If it shall become necessary for any party to em�loy an attorney to enforce or defend any of its rights or remedies hereunder because of the de?cult or 35 MIA LASHN 180, 509,934V5 5.7-09 090409, 010000 breach of any covenant. condition, or agreement hereunder by any other pam•. each party shall be responsible for its men atnorneys' fees and court costs, including fees and costs incurred at trial level and on appeals. Section 12.11. Entire Aareement, This Agreement, including the documents described or referenced in this Agreement, together contai among the Parties with respect to the subject matter hereof, and supe: ��Titten or oral agreements among the Parties with respect to sucl modification or amendment of this Aareement shall be binding upon modification or amendment is in writing and signed by the Party to be boi Section 12.12, the Leases are incorporated into this Agreement by reference. Section 12.13. Assignments, This Agreement may not be assign part, by any parry, without the express written consent of the other party. :? 1libits hereto and all the entire agreement -de any and all prior subject matter. No e Parties unless such d thereby. The provisions of either in whole or in Section 12.14. Severability. 1f any term or provision of this Agreem*' t or the application thereof to any person or circumstance shall, to any extent, be invalid or', unenforceable, the remainder of this Agreement or the application of such term or provision% to the persons or circumstance other than those as to which it is held invalid or unenforcdable, shall not be affected thereby, and each term and provision of this Agreement shall be vali� and be enforced to the fullest extent permitted by law. Section 12.15. Conflict with the Leases. To the extent that the terms And conditions of this Agreement are inconsistent or conflict with the terms of the Leases that add' ess construction related issues, the terms and conditions of this Agreement shall control. [remainder of this page intentionally left blank] 36 MIA LASFIN 180, 509, 934v5 5-7-09 090409.010000 IN `T1ITIN-ESS *\THEREOF. the Parties hereto have and replaced with executed this Development Agreement on the day, month and year first above -written. Attest: By: Priscilla A. Thompson, City Clerk Approved as to form and correctness By: Julie 0. Bra, City Attorney Witnesses: Print Name.- Print ame: Print Name: 37 MIA LASHN 180,509,934v5 5-7-09 090409.010000 AS TO THE. CITY: THE CITY OF M1A\11, a municipal corporation of the State of Florida By: Pedro G. Hernandez, City Manager Approved as to Insurance Requirements: By: LeeAnn Brehm, Risk Management Administrator As to MSM: MUSEUM OF SCIENCE, INC., a Florida not- for-profit corporation By: Name: Gillian Thomas Title: President 'Witnesses: Print Name: Print Name: 38 MIA LASHN 180,509,934v5 5-7-09 090409.010000 As to INIAM: INILAMI ART'\MUST ASSOCIATION. r-\,- corporation Ncorporation By:_ Name: Title: 'M OF DADE COUNTY a Florida not-for-profit