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HomeMy WebLinkAboutexhibit AEXHIBIT -IL.. to Resolution AGREEMENT This Agreement (the "Agreement") is made and entered into by and between the City of Miami, a municipal corporation ("City") and City National Bank of Florida, as Trustee under Land Trust No. 2401-1863-00 dated December 9, 2004 ('Related"). WHEREAS: A. The City is the defendant in that certain lawsuit originally brought by William B. Brickell, James B. Brickell, Jr., Beatrice A. Brickell, Mary Snyder and Archie K. Purdy under Case No.: 88 -0230 -CIV -Highsmith in the United States District Court, Southern District of Florida (the "Lawsuit"). B. The Lawsuit involves a claim by the current heirs of the Brickell Family (the Brickell Heirs) to title by reversion of that certain property commonly referred to as Brickell Park which is legally described in Exhibit "A" hereto (the "Land"). The title to the Land is currently held by City National Bank of Florida, as Trustee under Land Trust No. 2401-0915-00 dated November 29, 2000 (the "Trust") pursuant to a court order in the Lawsuit. C. Related has acquired 100% of the beneficial interest in the Trust, together with all of the rights of the plaintiffs in the Lawsuit. The beneficiaries of Related are affiliated with and controlled by The Related Group of Florida, a Florida general partnership ("TRGF"). D. Related has agreed to cause all of the. Land, less two portions along the northern boundary, to be forever dedicated as a passive public park to be forever known as "The Brickell Park". The portion of the Land to be forever dedicated as a park is legally described in Exhibit "B" hereto and is hereinafter referred to as the "Park Land". The portion of the Land not being dedicated as a park and which shall be retained by Related is legally described in Exhibit "C" hereto and hereinafter referred to as the "Related Parcel". E. Related desires to settle and dismiss the Lawsuit and convey and dedicate the Park Land to the City as a public park and the City desires to accept such dedication, subject to and in accordance with the provisions of this Agreement. NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Recitations. The foregoing recitations are true and correct and are incorporated herein by this reference. 2. Settlement of Lawsuit Conveyance of Title. Both the City and Related agree to promptly file a joint stipulation with the Court in the Lawsuit requesting a final order dismissing the Lawsuit with prejudice and directing the Trustee of the Trust to take the following actions: a. Cause the execution and recordation in the public records of Miami -Dade County, Florida a Declaration of Restrictive Covenants ("Declaration") forever requiring the use of the Park Land as a passive public park to be forever known as "The Brickell Park", which Declaration shall be in the form attached hereto as Exhibit "D". b. Cause the execution and recordation in the public records of Miami -Dade County, Florida a temporary Construction Easement (the "Easement") in favor of Related for the temporary use of a portion of the Park Land for construction, staging, and sales office purposes as permitted in the Declaration and in the form attached hereto as Exhibit "E". C. Execute and record in the public records of Miami -Dade County, Florida a Trustee's deed conveying title to the Park Land to the City, subject to the Declaration and Easement and in the form attached hereto as Exhibit "F". d. Execute and record in the public records of Miami -Dade County, Florida, a Trustee's deed conveying title to the Related Parcel to Related in the form attached hereto as Exhibit "G". 3. Agreement by the Cit . The City agrees that promptly following execution of this Agreement it will execute the Joinder to the Declaration. The City further agrees to cooperate with Related and execute any and all documents reasonably required in connection with the resolution of the Tax Litigations (as hereinafter defined) and the administrative action pending with the Miami -Dade County Value Adjustment Board (the "VAB Appeal"). 4. Taxes and Assessments. The parties acknowledge and agree that the Trust is in settlement negotiations with Joel W. Robbins, as Property Appraiser of Miami -Dade County (the "Property Appraiser") pursuant to which (a) the Property Appraiser will make the determination that the Land shall be totally exempt from taxes for the tax years 2001-2005, inclusive, as it has been used solely as a park during the tax years in question, (b) the Property Appraiser will agree to dismiss the current actions pending in the Eleventh Judicial Circuit Court in and for Miami -Dade County, Florida with case numbers 04-23745 CA 05, 03-25509 CA 04 and 02-028093 (collectively, the "Tax Litigations"), (c) Related and the Property Appraiser will enter an Agreed Order in the VAB Appeal, and (d) the Property Appraiser will make the determination that the Park Land shall be totally exempt from taxes for so long as it remains a park (the "Settlement"). Following the conveyance of the Park Land to the City, Related will be solely responsible for any taxes that accrue (a) with respect to the Related Parcel, and (b) in the event the Property Appraiser assesses any portion of the Park Land as a result of the Easement. Notwithstanding anything to the contrary contained herein, in the event that there is no Settlement, the parties agree that they shall split 50150 any back taxes and assessments, including accrued interest, due with respect to the Land 2 for the years 2001-2005, inclusive as well as any taxes and assessments due with respect to the Park Land for the year 2006 and going forward. Notwithstanding the foregoing, the City and Related shall continue to diligently pursue the Tax Litigations and VAB Appeal to their conclusions, and commence such additional proceedings as required for future years, including exhausting all available appeals; and the cost of such litigation shall be born 50150 between Related and the City. 5. improvements and Maintenance of Park Land. Related shall cause the Park Land to be improved on an interim basis promptly, but in no event later than six (6) months following the execution and delivery of this Agreement substantially in accordance with the Interim Improvement Plan" attached hereto as Exhibit "H". Within the earlier to occur of (a) sixty-eight (68) months following the execution and delivery of this Agreement, or (b) six (6) months following the termination of the Easement, Related shall cause the Park Land to be improved substantially in accordance with the "Permanent Improvement Plan" attached hereto as Exhibit "I". Related shall be responsible for maintaining the Park Land in perpetuity to a standard which shall equal or exceed the standard to which the public parks in the City are maintained. Related shall grant an easement to the public providing for access over the baywalk to be located on the Brickell Sheraton Site and shall maintain the baywalk to be located on the Brickell Sheraton Site and the baywalk to be located on the Park Land in accordance with the plans filed with and approved by the City in connection with the approval of the MUSP (as hereinafter defined). Following the creation of a master homeowner's association to operate the adjacent Brickell Sheraton Site, as herein defined and as provided in the Declaration (the "Master Homeowner's Association"), the maintenance obligations set forth herein shall be assigned to and assumed by such Master Homeowner's Association whereupon Related shall be released from such obligations. The obligations of Related and/or the Master Homeowner's Association hereunder shall be memorialized in a covenant running with the Brickell Sheraton Site. 6. Covenant in Lieu, Simultaneously with the conveyance of title to the City of the Park Land, the City agrees in its proprietary capacity as owner of the Park Land, to enter into a covenant -in -lieu of unity of title with Related (as owner of the adjacent property to the north commonly referred to as the "Brickell Sheraton Site" and legally described in Exhibit "J" attached hereto, which description and definition shall include the Related Parcel), in a form reasonably satisfactory to the City, and in compliance with Section 910.7 of the City of Miami Zoning Ordinance (the "Zoning Ordinance") agreeing that the Brickell Sheraton Site and the Park Land shall be treated as a unified single parcel for purposes of set backs, view corridors, open space and lot coverage, but specifically excluding density and floor area requirements, and subject to the limitations and regulations set forth by the Comprehensive Plan and the Zoning Ordinance. In that regard, Related shall be further authorized to file any and all applications for building rights on the Brickell Sheraton Site and to file same on behalf of itself and on behalf of the City, but solely in the City's capacity as owner of the Park Land and not in any governmental, quasi-judicial or regulatory capacity. 7. [Intentionally omitted] 3 B. Development Criteria. In connection with the future development of the Brickeli Sheraton Site, the City, as property owner, acknowledges and agrees that: a. The required East-West pedestrian walkway shall be located within the Park Land. b. Subject to compliance with all laws and codes any bones and other artifacts on the Brickell Sheraton Site may be removed and reinterred in the Park Land. c. Subject to compliance with all City tree ordinances, Oak trees now located within the Brickell Sheraton Site may be relocated to the Park Land. d. The City shall support Related's request of Miami -Dade County to consider the open space created by the Park Land as satisfying the Miami -Dade County view corridor requirement. e. Related shall be entitled to seek appropriate approval for construction of its sales and construction center as permitted by the Easement prior to obtaining the Major Use Special Permit with respect to the Brickell Sheraton Site (the "MUSP"). g. Exercise of City Discretion. Notwithstanding any of the provisions set forth herein, including the acknowledgements set forth in paragraph six (6), the parties expressly acknowledge that any approvals which are required for the future development of the Brickell Sheraton Site shall be undertaken in accordance with established requirements of applicable law in the exercise of the City's jurisdiction under the police power. Nothing in this Agreement is intended to limit or restrict the powers and responsibilities of the City in acting on the MUSP application or any other zoning, land use, or development approval or permit, by virtue of the fact that the City has consented to the filing of an application or joined in the covenant -in -lieu, solely in its capacity as owner of the Park Land or by virtue of this Agreement. The parties recognize that the City, and its boards, retain sole discretion under their police powers as to whether to grant or deny the applications filed for development approvals. The parties further recognize and agree that these proceedings shall be conducted openly, fully, freely, and fairly in full accordance with the law and with both procedural and substantive due process to be accorded to the applicant and any member of the public. 10. Representations. Each party hereby represents and warrants to the other that the approval, execution and delivery of this Agreement has been duly authorized and that this Agreement is binding on them respectively in accordance with its terms. 11. Successor and Assigns. The agreements contained herein shall be binding upon and inure to the benefit of the permitted successors and assigns of the respective parties hereto. 4 12, ApplicableLaw, This Agreement shall be construed and enforced in accordance with the laws of the State of Florida. Venue shall be. in Miami -Dade County, Florida. 13. Severability. If for any reason any provision, sentence, word or phrase contained in this Agreement is determined to be invalid or unenforceable under the laws of the State of Florida or the City of Miami, then such provision, sentence, word or phrase shall be deemed modified to the extent necessary in order to conform with such laws, or if not modifiable, then the same shall be deemed severable, and in either even, the remaining terms and provisions of this Agreement shall remain unmodified and in full force and effect. 14. Counterpart This Agreement may be executed in any number of counterparts, each of which shall be deemed an original of this Agreement binding on the parties hereto. 15. Entire A regiment, This Agreement constitutes the entire agreement between the parties hereto with respect to the transactions contemplated herein and supercedes all prior understandings or agreements between the parties. 16. Titles. Titles of provisions of this Agreement are for descriptive purposes only and shall not control or alter the meanings of this Agreement as set forth in the text. 15. Further Assurances. The parties agree to execute and deliver such further instruments and do such further acts and things as may be required to carry out the intent and purposes of this Agreement. 17. Waiver of Jury Trial• Attorneys' Fees. Each of the parties hereto waives trial by jury and will bear its own attorneys' fees in any litigation, suit or proceeding between them in any court with respect to, in connection with or arising out of this Agreement, or the validity, interpretation or enforcement thereof. 18. Amendments. No amendment or modification of this Agreement shall be effective unless reflected in a document executed and delivered by both parties hereto. 19. Remedies Cumulative. All rights, privileges and remedies afforded the parties by this Agreement shlnp� bcumulative deemed to be a waiverusive, and of any other right, e of any one of such remedies shall or privilege provided for herein or available at law or equity. 20. Interpretation, In interpreting this Agreement, the use herein of (i) the singular number shall be deemed to mean the plural, (ii) the masculine gender shall be deemed to mean the feminine or neuter and (iii) the neuter gender shall be deemed to mean the masculine or feminine whenever the sense of this Agreement so requires and both parties shall be presumed to have fully participated in the preparation of this Agreement so that it is not more strictly construed against either party. 5 21. Assignment. This Agreement shall not be assigned by Related except to an entity affiliated with and controlled by TRGF pursuant to an assignment and assumption agreement whereby the assignee shall assume, but Related shall remain liable for all obligations hereunder, including specifically, the obligations set forth in Sections 3 and 4 hereof. 22. Notices. Any and all notice and other communications required or permitted under this Agreement shall be deemed adequately given only if in writing delivered either in hand, by mail, or by expedited commercial carrier which provides evidence or delivery or refusal addressed to the recipient, postage prepaid and registered with return receipt requested, if by mail, or with all freight charges prepaid, if by commercial carrier, or by telecopy. All notices and other communications shall be deemed to have been given for all purposes of this Agreement upon the date of receipt or refusal. All such notices and other communications shall be addressed to the parties at their respective addresses set forth below or at such other addresses as any of them may designate by notice to the other parties. Notices to Related shall be addressed to: c/o The Related Group of Florida 2828 Coral Way -- Penthouse Miami, FL 33145 Attention: William Thompson Facsimile: (305) 460-9911 With a copy to: Shubin & Bass 48 S.W. First Street 3`d Floor Miami, FL 33130 Attention: John K. Shubin, Esq. Facsimile: (305) 381-9457 Notices to the City shall be addressed to: City Manager City of Miami 444 SW 2nd Avenue, 9th Floor Miami, Florida 33130 Facsimile: (305) D With a copy to: City Attorney City of Miami 444 SW 2nd Avenue, 9t' Floor Miami, Florida 33130 Facsimile: (305) 418-1803 [The remainder of this page is intentionally left blank.] 7 In Witness whereof, this Agreement has been executed as of the dates Indicated below. Approved as to Form and Correctness: By: Jorge L. Fernandez City Attorney Administrator Approved as to Insurance By: Dania F. Carrillo Risk Management N. CITY OF MIAMI, a municipal corporation 0 Date: CITY NATIONAL BANK OF FLORIDA, a national banking association, as Trustee under LAND TRUST AGREEMENT NUMBER 2401- 1863-00 By: William E. Shockett, as Executive Vice President and Trust Officer CITY NATIONAL BANK OF FLORIDA EXECUTES THIS INSTRUMENT SOLELY AS TRUSTEE UNDER LAND TRUST AGREEMENT NUMBER 2401-1863-00 AND NOT INDIVIDUALLY AND NO PERSONAL JUDGMENT SHALL EVER BE SOUGHT OR OBTAINED AGAINST SAID BANK BY REASON OF THIS INSTRUMENT. W W EXHIBIT "A" MIAMI RjvE,R BRICKELL POINT PLAT BOOK 8, PAGE 93 r- SITE ` � 1 f pL�l K j_ _ico p ._j LOCATION SKETCH NOT TO SCALE ((H)D Sl Lu Z } V m -�vz� LOCATION SKETCH TO ACCOMPANY LEGAL DESCRIPTION L4CATION SKETCH F ORTIN, LEAVY, S KILES, INC - CONSULTING ENGINEERS, SURVEYORS & M"PERS FLORIDA CERTWICATE OF AUTHORIZAT101+1 NUMAERu 00003653 180 Northeast 168th. Street / North Miami Beach. Florida. 33162 phone: 305-6534493 / Fa. 303-65 5-7132 / Email t lvv oom LEGAL DESCRIPTION: EXHIBIT "A" A portion of "BRICKELL POINT", according to a Plat thereof, as recorded in Plat Book 8, at Page 93 and a portion of Doed Book 323, Page 298, os shown on °BRICKELL POINT", according to a Plat thereof, as recorded in Plat Book 8, at Page 34, and a portion of Brickell Park, according to the Plat thereof, as recorded in Plat Book 15 at Page 39, alt of the above being recorded in the Public Records of Miami—Dade County, Florida, lying and being in the City of Miami, Miami --Dade County, Florida, being more particularly described as follows: Commence at the intersection of the Easterly extension of the North line of Southeast 5th Street with the East right—of--woy line of Brickell Avenue as shown on said plat of "BRICKELL POINT" recorded in Plat Book 8 at Page 34; thence South 76'3935" East, along the North line of the Private Drive as shown on said "BRICKELL POINT" for 128.28 feet to the Point of North line for 105.24 feet to a Beginning of the hereinafter parcel of land; thence continue South 76'39'35" East, along said point of curvature; thence Northeasterly along the North Line of said Private Drive, as shown an said plat, and along a circular curve to the left, concave to the Northwest, having a radius of 25 feet, through a central angle of 28'25'34", for on arc distance of 12.40 feet to a point of non—tangency; thence North 83'47'28" East for 17,02 feet; thence North 57'08'37" East for 14.11 feet; thence South 77'43'17" East for 10.49 feet; thence South 63'46'58" Eost for 45.61 feet; thence South 76'39'35" East for 286.23 feet; thence North 08'49'52' East for 20.46 feet; thence South 76'39'35" East for 36.41 feet to u point on the Dade County Bulkhead Line according to the plot thereof as recorded in Plat Book 74 at Page 18 of said Public Records of Miami—Dade County, Florida, also being the U.S. Harbor Line; thence South 05'37'19" West along said Bulkhead and Harbor lines for 99.82 feet; thence departing said Bulkhead and Harbor lines, North 76'39'35" West along a line being 70.00 feet South of and parallel with said Easterly extension of the North line of Southeast 5th Street, for 660.66 feet to a point on said East right of way line Of Brickell Avenue; thence North 13'20'55" East along said East right of way line for 19,82 feet to ❑ point of curvature; thence Northeasterly along a circular curve to the right, concave to the Southeast, having a radius of 20 feet, through a central angle of 74'46'30", for an arc distance of 26.10 feet to a point of tangency; thence North 88'07'25" East for 117.66 feet to the Point of Beginning. SURVEYOR'S NOTES: This site lies in Section 6, Township 54 South, Range 42 East, City of Miami, Miami—Dade County, Florida. — Bearings hereon are referred to an assumed value of North 13'20'55" East for the East right of way line of Brickell Avenue. — Dimensions indicated hereon are based on Fortin, Leavy, Skiles, drawing no. 2930-049-1, — This is not o "Boundary Survey" but only a graphic depiction of the description shown hereon. SURVEYOR'S CERTIFICATION: 4 hereby certify that this "Sketch of Description" was made under my responsible charge on May 16, 2005, and meets the Minimum Technical Standards as set forth by the Florida Board of Professional Surveyors and Mappers in Chapter 61G17-6, Florida Administrative Code, pursuant to Section 472.027, Florida Statutes. "Not valid without the signature and the original raised goal of a Florida Licensed Surveyor and Mapper" FO , LEAVY, KILES, INC,, L83653 By:�j— G ^Daniel C. Fortin, For The Firm Surveyor and Mapper, LS2853 State of Florida. & CERTIFICATION F oRuN, LEAVY, S KILES, INC. CONSULTING ENGINEERS, SURVEYORS & MAPPERS FLORIDA CERTIFICATE OF AUTHORIZATION N M33ER: 00003653 180 Northeast 168th. Street / North Miami Beach, Florida. 33162 1D%-.- 3nS-653-4493 / Fax 305-631-7152 / Email fla(&f1asurvey.corn LEGAL DESCRIPTION EXHIBIT "A" BRICKELL HOMEPLACE LOT 1 OF BLOCK 103S BRICKELL POINT PLAT BOOK 8, PAGE 93 I 02! N` j7•�w pI ffr �PLLAr KELL p eor* cp K GRAPHIC SCATHE D 60 100 200 q 1 I f S 7s° q � 5„ E I 3s �'4g'S2„ E I 1 20.06, � ~ I wv � I f I I I _ l / fV rj L POINT OF COMMENCEMENT II I J I , INTERSECTION OF EASTERLY LINE I tl.l EXTENSION OF NORTH OF S,E, 5TH STREET 8 EAST (� RIGHT OF WAY LINE OF z a ; BRICKELL AVENUE PER PLAT BOOK 8. PAGE 34. zg� ; 0.;c3 i ♦ }- L( er � w CO ~ I POINT OF A=28025'3411 BEGINNING R=25.00' S 77043'17" E A=74046'30"sus gtiasF r28 PRlva UTNE L-12.40' 10.49' R=20.001 L-26.10 - -�?$- S7s 39 „E ��.� S 63046,58"1 N13°20'55"E 8 1t7 _ ' - _�45.fi1' I 02! N` j7•�w pI ffr �PLLAr KELL p eor* cp K GRAPHIC SCATHE D 60 100 200 q n I I I� r r I I r I r I I I I I I I I I I I I I S 7s° q � 5„ E I 3s �'4g'S2„ E 20.06, � ~ I wv . DADE Co SLSC AgE B'llYdre �ikH£ D Lf 1 H�R80R ,tb r _ l / fV rj L ( 1N FEET ) < / 1 inch — 100 ft. SKETCH TO ACCOMPANY LEGAL DESCRIPTION SKETCH OF DESCRIPTION F oRuN, LEAVY, S KILES, INC. CONSUI,nNG ENGINEERS, SURVEYORS & MAPPERS FLORMA CERTMCATE OF AUTHORiZAT10N NuM:B E.'R- 00043653 180 Northeast 168th. Street / North Miami Beach, Florida, 33162 Phone: 305-653-4493 / Fax 305-651-7152 / Email fls fl"ury .-nm __-�