HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-07-0405
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00895
Version: 2
File Name: Participation Agreement - Parrot Jungle
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
Introduced: 6/28/2007
Requester: City Manager's Office Cost: Final Action: 7/10/2007
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING
THE CITY MANAGER TO EXECUTE A PARTICIPATION AGREEMENT AND AN ASSUMPTION
OF LOAN GUARANTEE ASSISTANCE AND LIABILITY AND PLEDGE AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM(S), PROVIDING FOR THE CITY OF MIAMI'S
("CITY") ASSUMPTION OF EIGHTY PERCENT (80%) OF MIAMI-DADE COUNTY'S
("COUNTY") LIABILITY UNDER THE SECTION 108 LOAN USED BY THE COUNTY, TO FUND
A $25,000,000, LOAN TO PARROT JUNGLE AND GARDENS OF WATSON ISLAND, INC.
("PARROT JUNGLE"), AND ALL OTHER DOCUMENTS AS MAY BE REQUIRED IN
CONNECTION TO SUCH ASSUMPTION, SUBJECT TO CITY ATTORNEY APPROVAL; WAIVING
SATISFACTION OF THE CONDITIONS PRECEDENT TO SUCH ASSUMPTION SET FORTH IN
THE JOINT PARTICIPATION AGREEMENT DATED SEPTEMBER 9, 1998, BETWEEN THE CITY
AND THE COUNTY; FURTHER CONSENTING TO THE MODIFICATION OF THE TERMS OF
THE LOAN FROM THE COUNTY TO PARROT JUNGLE, AS MORE SPECIFICALLY DESCRIBED
HEREIN.
Sponsors:
Notes:
Indexes:
Attachments: 07-00895 Legislation.pdf,07-00895 Exhibit 1.pdf,07-00895 Exhibit 2.pdf,07-00895 Exhibit
3.pdf,07-00895 Exhibit 4.pdf,07-00895 Exhibit 5.pdf,07-00895 Exhibit 6.pdf,07-00895 Exhibit
7.pdf,07-00895 Exhibit 8.pdf,07-00895 Exhibit 9.pdf,07-00895 Summary Form.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 6/28/2007 Review Pending
Attorney
2 City Commission 7/10/2007 ADOPTED WITH Pass
MODIFICATIONS
2 Office of the City 7/16/2007 Reviewed and
Attorney Approved
Action Note: modifications made by law
modifications made by law
2 Office of the Mayor 7/20/2007 Signed by the Mayor Office of the City
Clerk
2 Office of the City Clerk 7/24/2007 Signed and Attested
by City Clerk
City ofMiami Page 1 Printed on 4/5/2017
City of Miami
Master Report
Enactment Number: R-07-0405
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 Printed on 4/5/2017