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HomeMy WebLinkAboutresolutionCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-00266 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. FIVE (5), IN SUBSTANTIALLY THE ATTACHED FORM, TO THE LEASE AND DEVELOPMENT AGREEMENT WITH GROVE HARBOUR MARINA AND CARIBBEAN MARKETPLACE, LLC, PROVIDING AN EXTENSION OF THE DATE FOR COMPLETION OF THE LEASEHOLD IMPROVEMENTS AT THE CITY - OWNED PROPERTY LOCATED AT 2640 SOUTH BAYSHORE DRIVE, MIAMI, FLORIDA, UNTIL SEPTEMBER 30, 2005. WHEREAS, the City of Miami ("City") entered into a Lease and Development Agreement with Grove Harbour Marina and Caribbean Marketplace, LLC ("Lessee") dated March 12, 1999, as amended ("Lease"), for the leasing of approximately 6.95 acres of upland and 6.6 acres of submerged land in the Dinner Key area; and WHEREAS, in accordance with Section 4.5 of the Lease, the Lessee is required to complete the construction of the leasehold improvements no later than eighteen (18) months from the date of issuance of the building permit (which occurred on June 5, 2003); and WHEREAS, Amendment No. 4, dated December 23, 2004, authorized an extension of time for completion of construction of the leasehold improvements until April 30, 2005; and WHEREAS, the Lessee has experienced delays, beyond its reasonable control, with Florida Power and Light in the relocation of the electrical facilities preventing the completion of the drainage system and the boatyard facility; and WHEREAS, for the aforesaid reasons the Lessee has requested an extension of the time for completion of construction of the leasehold improvements until September 30, 2005; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is authorized{1} to execute Amendment No. Five (5), in substantially the attached form, to the Lease with the Lessee, to provide an extension of the date for completion of the leasehold improvements at the City -owned property located at 2640 South Bayshore Drive, Miami, Florida, until September 30, 2005. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 Printed On: 3/28/2005 File Number: 05-00266 APPROVED AS TO FORM AND CORRECTNESS: JORG L L. F CIT TO RNANDEZ VEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 3/28/2005