HomeMy WebLinkAboutR-06-0218City of Miami
Legislation
Resolution: R-06-0218
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 06-00458 Final Action Date: 4/6/2006
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE A SUBMERGED LANDS
EASEMENT AGREEMENT ("EASEMENT AGREEMENT"), IN SUBSTANTIALLY THE
ATTACHED FORM, WITH CORAL REEF YACHT CLUB, A NON-PROFIT
CORPORATION ("GRANTEE"), FOR THE GRANTEES USE OF APPROXIMATELY
4.21 ACRES OF CITY -OWNED SUBMERGED LAND LOCATED WATERWARD OF
2484 SOUTH BAYSHORE DRIVE, MIAMI, FLORIDA, FOR MARINA PURPOSES;
PROVIDING FOR PAYMENT BY GRANTEE IN THE AMOUNT OF $1,140,000, IN
CONSIDERATION FOR THE EASEMENT, WHICH CONSIDERATION SHALL BE
RESERVED FOR EXPENDITURES ASSOCIATED WITH THE IMPLEMENTATION
OF THE COCONUT GROVE WATERFRONT MASTER PLAN; WITH TERMS AND
CONDITIONS AS MORE PARTICULARLY SET FORTH IN SAID EASEMENT
AGREEMENT.
WHEREAS, Coral Reef Yacht Club ("Grantee") is the fee simple owner of uplands located at
approximately 2484 South Bayshore Drive, Miami, Florida ("Grantee's Property"); and
WHEREAS, the City of Miami ("City") is the fee simple owner of approximately 4.21 acres of
submerged land lying adjacent to Grantee's Property; and
WHEREAS, the Grantee is the only possible user of the easement area; and
WHEREAS, the easement consideration was established as fair market value based upon two
independent appraisals; and
WHEREAS, the effectuation of a Submerged Lands Easement Agreement ("Easement
Agreement") and Purchase and Sale Agreement are conditioned upon receiving the Board of
Trustees of the Internal Improvement Trust Fund's approval of said Easement Agreement;
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 an Easement Agreement, in substantially
the attached form, with the Grantee, to provide for the Grantee's use of approximately 4.21 acres of
City -owned submerged land located waterward of the Grantee's Property, for marina purposes, with
payment by the Grantee in the amount of $1,140,000, provided for in consideration for the easement
with said consideration to be reserved for expenditures associated with the implementation of the
Coconut Grove Waterfront Master Plan, with terms and conditions as more particularly set forth in the
Easement.
City of Miami
Page 1 of 2 File Id: 06-00458 (Version: 21 Printed On: 1/9/2017
File Number: 06-00458 Enactment Number: R-06-0218
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
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 File Id: 06-00458 (Version: 21 Printed On: 1/9/2017