HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMIIIARY FORM
FIL1t ID: o 6- 0 017 7
Date: April 27, 2006
Requesting Department: Public Facilities (Asset Mngt.)
Commission Meeting Date: May 11, 2006 District Impacted: 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance 0 Discussion Item ❑ Other
Subject: Amendment to Easement Agreement for City -owned property located at
501 Brickell Avenue (Brickell Park).
Purpose of Item:
A resolution, with attachments, authorizing the City Manager to execute an Amendment, in the form attached
hereto, as Attachment A, to a temporary construction easement agreement on city -owned property located at
501 Brickell Avenue, Miami, Florida, in favor of City National Bank of Florida, a national banking
corporation, as trustee under Land Trust Agreement Number 2401-1863-000 (the "Easement"), to reduce the
term of the easement from a period not to exceed five (5) years to a period not to exceed four (4) years from
November 18, 2005, the effective date of the original easement and to increase the size of the easement area by
approximately 12,560 square feet, as depicted in Attachment B, attached thereto.
Background Information:
The City National Bank of Florida and the City of Miami are parties to a certain Easement dated the 18th day
of November, 2005 and recorded in the Official Records Book 24097, Page 2136 of the Public Records of
Miami -Dade County, Florida (the "Easement"). The City National Bank of Florida has requested the City to
amend the Easement to reduce its term from a period not to exceed five (5) years to a period not to exceed four
(4) years from November 18, 2005, the effective date of the original easement, and to expand the Easement
area by 12,560 square feet, as depicted in Attachment "B" hereto. The use of the Easement is limited to
temporary construction, staging and/or development, construction and peroration of a temporary marketing and
sales office, together with signage and related parking facilities. Except as provided herein, all of the
provisions of the Easement shall remain in full force and effect.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
If using or receiving capital funds
Grants
Purchasin
Chie
Budget
Final Approvals
(SIGN AND DATE)
Risk Managem •IMIEVAllra
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Dept. Directo
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City Manager 1 111•1'w
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