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HomeMy WebLinkAboutCover Memo1 CITY OF MIAMI OFFICE OF THE CITY ATTORNEY MEMORANDUM TO: Honorable Mayor FROM: Jorge L. Fernande DATE: February 20, 20 RE: ember . f the City Commission orney Proposed Settlement — City Commission Agenda — March 8, 2007 Overtown Ventures, Inc. v. City of Miami, Miami -Dade County Circuit Court, Case No.: 94-13825 CA 02 City of Miami v. Overtown Ventures, Inc., Miami -Dade County Circuit Court, Case No.: 06-00771 CA 06 Claim No.: 000757-017631-EO-01 (File No. 07-00244) The attached proposed Resolution seeks authorization for the settlement of all claims against the City of Miami asserted in the above -referenced cases, and for the termination and surrender of the lease for the Crown Supermarket and adjacent Law Office, in the amount of $15 5,000. In these two cases the City and the tenant, Overtown Ventures, were litigating the amount of rent due resulting from the City's failure to timely repair the grease trap behind the Overtown Shopping Center, and whether the City was properly withholding its consent to the assignment of the leasehold to a third party. This settlement resolves all claims between the parties, terminates the lease, and puts the City in possession of the premises. Funds in the amount of $155,000 will be allocated from Account No. 00001.980000.5 49000, 0000.00000. WRB Attachment(s) c. Pedro Hernandez, City Manager Elvi G. Alonso, Agenda Coordinator 65310