HomeMy WebLinkAboutresolutionCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-00009 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S)
AUTHORIZING THE CITY MANAGER TO EXECUTE A SETTLEMENT
AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH POINCIANA
VILLAGE OF MIAMI, LTD., SAWYER'S WALK, LTD., AND THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA")
IN THE CASES STYLED CITY OF MIAMI V. SAWYER'S WALK, LTD., CASE NO.
00-28860 CA 9, AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY V. POINCIANA VILLAGE OF MIAMI, LTD., CASE
NO. 02-06846 CA 9, BOTH PENDING IN THE CIRCUIT COURT OF THE
ELEVENTH JUDICIAL CIRCUIT IN AND FOR MIAMI DADE-COUNTY, FLORIDA;
SAID SETTLEMENT TO REQUIRE SAWYER'S WALK, LTD. TO PROCEED
WITH THE DEVELOPMENT OF THE SAWYER'S WALK PROJECT AND THE
BALANCE OF THE POINCIANA VILLAGE PROJECT IN ACCORDANCE WITH
THE TERMS OF THE SETTLEMENT AGREEMENT, AND, IF CERTAIN
CONTINGENCIES ARE SATISFIED, RESULT IN SAWYER'S WALK AND THE
CRA ENTERING INTO A LONG TERM LEASE WITH RESPECT TO THE
SAWYER'S WALK PROJECT AND THE POINCIANA VILLAGE PROJECT IN
FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND
DEMANDS AGAINST THE CITY OF MIAMI AND THE CRA, AT WHICH TIME
THE SAWYER'S WALK LITIGATION AND THE POINCIANA LITIGATION SHALL
BE DISMISSED WITH PREJUDICE, ALL AS MORE PARTICULARLY SET
FORTH IN THE SETTLEMENT AGREEMENT; FURTHER PROVIDING THAT, IF
THE CONTINGENCIES ARE NOT SATISFIED, THE CITY OF MIAMI AND THE
CRA SHALL HAVE THE OPTION OF PURSUING THE SAWYER'S WALK
LITIGATION AND THE POINCIANA LITIGATION OR PAYING $6,500,000 IN
FULL SETTLEMENT OF BOTH THE SAWYER'S WALK LITIGATION AND THE
POINCIANA LITIGATION.
DRAFT- BODY TO BE SUBMITTED UNDER SEPARATE COVER.
C 'Miami
Agee 1 o1 Mated Di 1/14/1410