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HomeMy WebLinkAboutR-07-0127City of Miami Legislation Resolution: R-07-0127 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00244 Final Action Date: 3/8/2007 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE DIRECTOR OF FINANCE TO PAY OVERTOWN VENTURES, INC., WITHOUT ADMISSION OF LIABILITY, THE SUM OF $155,000 IN FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI, ITS OFFICERS, AGENTS AND SERVANTS, IN THE CASE OF OVERTOWN VENTURES, INC. VS. CITY OF MIAMI, IN THE CIRCUIT COURT IN AND FOR MIAMI-DADE COUNTY, CASE NO.: 94-13825 CA 02, AND IN THE CASE OF CITY OF MIAMI VS. OVERTOWN VENTURES, INC., IN THE CIRCUIT COURT IN AND FOR MIAMI-DADE COUNTY, CASE NO.: 06-00771 CA 06, UPON THE EXECUTION BY OVERTOWN VENTURES, INC., OF A GENERAL RELEASE OF ALL CLAIMS AND DEMANDS, A DISMISSAL OF THE CITY OF MIAMI WITH PREJUDICE IN BOTH LAWSUITS, AND A SURRENDER OF THE LEASED PREMISES LOCATED AT 1490 NORTHWEST 3RD AVE., MIAMI, FL 33136 AND TERMINATION OF THE LEASE; ALLOCATING FUNDS FROM ACCOUNT NO. 00001.980000.549000.0000.00000. WHEREAS, Overtown Ventures, Inc., and the City of Miami are engaged in litigation in the Circuit Court of the Eleventh Judicial Circuit, in and for Miami -Dade County, Florida, Case Nos.: 94-13825 CA 02 and 06-00771 CA 06, concerning the maintenance of the premises by the City, the lack of payment of rent by Overtown Ventures, Inc., and the failure of the City to consent to an assignment of a portion the leased premises to a third party; and WHEREAS, the Department of Public Facilities has evaluated these claims and lawsuits, and the City Attorney's Office has investigated these claims and lawsuits, pursuant to Sections 18-221 through 18-232 of the Code of the City of Miami, Florida, as amended, and recommends that said claim and lawsuit be settled, with conditions for the sum of $155,000; 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 Director of Finance is authorized to pay Overtown Ventures, Inc., without admission of liability, the sum of $155,000 in full and complete settlement of any and all claims and demands against the City of Miami, in the case Overtown Ventures, Inc. v. City of Miami, in the Circuit Court of the Eleventh Judicial Circuit, in and for Miami -Dade County, Florida, Case No. 94-13825 CA 02, and in the case City of Miami v. Overtown Ventures, Inc., in the Circuit Court of the Eleventh Judicial Circuit, in and for Miami -Dade County, Florida, Case No.: 06-00771 CA 06, upon the execution by Overtown Ventures, Inc., of a general release of all claims and demands, a dismissal of the City of Miami with prejudice in both lawsuits, and a surrender of the leased premises located at 1490 Northwest 3rd Ave., Miami, FL 33136, and termination of the lease, with funds allocated from City of Miami Page 1 of 2 File Id: 07-00244 (Version: 1) Printed On: 3/20/2017 File Number: 07-00244 Enactment Number: R-07-0127 Account No. 00001.980000.549000.0000.00000. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} Footnotes: {1} 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: 07-00244 (Version: 1) Printed On: 3/20/2017