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HomeMy WebLinkAboutSummary FormDate: 11/17/2005 AGENDA ITEM SUMMARY FORM FILE ID: 65-~ U 73T Requesting Department: Public Facilities Commission Meeting Date: 12/15/2005 District Impacted: 2 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Easement Agreement on City -owned property located on Watson Island Purpose of Item: The administration recommends that the Miami City Commission adopt the attached Resolution authorizing the City Manager to execute a Grant of a permanent nonexclusive Easement Agreement ("Agreement"), in substantially the attached form, on City -owned property located on Watson Island, to Flagstone Island Gardens, LLC ("Flagstone"), to provide for: (1) vehicular and pedestrian ingress and egress for delivery and fire safety and emergency vehicles; and (2) access to alter and improve the easement area with prior approval of the Chief Executive Officer, on approximately an 8,790 square foot parcel of land located on two separate levels, as more particularly described in Exhibit "A" attached hereto and made a part hereof (the "Property"), with terms and conditions as more particularly set forth in said Agreement. Background Information: See Supplemental Sheet. Budget Impact Analysis r NO Is this item related to revenue? (7) c) NO Is this item an expenditure? If so, please identify funding source below. :�' General Account No: Special Revenue Account No: == =, I ry CIP Project No: !j= _ NO Is this item funded by Homeland Defense/Neighborhood Improvement Bam],, Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) CIP N/A Budget N/A If using or receiving capital funds Grants N/A Risk Management Purchasi N/A Dept. Director Aid" a Chi /,��� A I» City ManagerildiaM WNW Pan 1 of 2 SUPPLEMENTAL SHEET Subject: Easement Agreement on City -owned property located on Watson Island Background Information: The City and Flagstone entered into an Agreement to Enter into a Ground Lease (the "Agreement to Enter") on January 1, 2003 consistent with all material respects with the Watson Island RFP and the Island Gardens Proposal and setting forth the conditions for the future execution of a long-term ground lease ("Ground Lease") to Flagstone Island Gardens. The parties wish to enter into an Easement Agreement ("Agreement") to provide Flagstone a non- exclusive easement for the limited purpose of vehicular and pedestrian ingress and egress for delivery and fire safety and emergency vehicles and access to alter and improve the easement area with prior approval of the Chief Executive Officer in connection with the Flagstone Island Gardens project. The Agreement provides for Flagstone, at is sole cost and expense to make all required improvements to the Easement Area required for its use. Flagstone shall regulate the installation and its operations of the Easement Area to avoid any conflict with operations of the City, its tenants, licensees, agents, successors and assigns and the general public. Should any of Flagstone's operations interfere with the operations of the City, its tenants, licensees, agents, successors or assigns, or the general public, the City may impose reasonable rules and regulations to govern the use of the Easement Area to eliminate or minimize such conflicts or interference. This Agreement and the easements shall become effective immediately upon the mutual execution and shall remain in full force and effect unless and until either the Agreement to Enter Into Ground Lease is terminated or expires in accordance with its terms, without the Ground Lease having been mutually executed and delivered, or the Ground Lease is terminated or expires in accordance wit its terms. The Board of Trustees of the Internal Improvement Trust Fund approved this easement at its meeting of June 24, 2004. Page 2 of 2