HomeMy WebLinkAboutCC 2010-09-23 Mayor's Signature ReportCity of Miami
Mayor's Signature Report
Commission Meeting:
September 23, 2010
for File Id:10-01116a
Agenda Item: SI.5
*Please note the deadline to veto is on October 4, 2010 at 4:30 PM.
Receive By: Wa I Ke ' rp h 123 Date: /2g40
riSciStarit cit horn Robin Tones Sc�cKsor
Please call Maribel at ext. 53 once Mayor has signed. Thanks.
• •
City of Miami
Mayor Signature Report
Meeting Date: September 23, 2010
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number Title Enactment Number
10-01116a Resolution Enactment No: R-10-0402
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING EXHIBITA HERETO ("EXHIBITA"), THE AMENDED AND RESTATED
AGREEMENT TO ENTER INTO GROUND LEASE ("AMENDED AND RESTATED
AGREEMENT TO ENTER"), AND THE AMENDED AND RESTATED GROUND
LEASE(S) ("AMENDED AND RESTATED GROUND LEASE(S)") (EACH IN
SUBSTANTIALLY THE ATTACHED FORM(S)), BETWEEN THE CITY OF MIAMI
("CITY") AND FLAGSTONE ISLAND GARDENS, LLC ("FLAGSTONE"), AND
AUTHORIZING AND DIRECTING THE CITY MANAGER AND THE CITY ATTORNEY
TO EXECUTE THE AMENDED AND RESTATED AGREEMENT TO ENTER, AND
THE AMENDED AND RESTATED GROUND LEASE PROVIDING FOR, INTER ALIA:
(1) FLAGSTONE'S OPTION TO DEVELOP THE MEGA -YACHT MARINA WITH ITS
ANCILLARY FACILITIES, RETAIL, PARKING, HOTELS AND ALL OTHER RELATED
FACILITIES (THE "PROJECT") IN ITS ENTIRETY ALL AT ONCE OR THROUGH
PHASED DEVELOPMENT ON A COMPONENT BY COMPONENT BASIS; (2)
EXTENDING THE POSSESSION DATE FROM FEBRUARY 1, 2010 TO
SEPTEMBER 1, 2013, OR SOONER, AT FLAGSTONE'S OPTION; (3)
ESTABLISHING AN ANNUAL PAYMENT SCHEDULE FOR ALL COMPONENTS
COMMENCING WITH THREE HUNDRED THOUSAND DOLLARS ($300,000) AND
INCREASING TO TWO MILLION DOLLARS ($2,000,000) NO LATER THAN THE
YEAR 2018, SUBJECT TO CERTAIN CREDITS AND OTHER CONDITIONS
RELATED TO DEVELOPMENT ON A COMPONENT BY COMPONENT BASIS; (4)
EXTENDING CERTAIN MILESTONE DATES IN THE TIMELINES FOR
CONSTRUCTION COMMENCEMENT, COMPLETION, AND OTHER
DEVELOPMENT MATTERS AS SET FORTH IN EXHIBITA; AND (5) PROVIDING
FOR SECURITY DEPOSIT(S), PROVIDED, HOWEVER THAT SUCH APPROVAL,
AUTHORIZATION AND DIRECTION ARE ALL SUBJECT TO AND CONDITIONED
UPON A SATISFACTORY DETERMINATION OF SECTION VIII, ENTITLED "STATE
WAIVER" OF EXHIBITA REGARDING PAYMENTS TO THE STATE OF FLORIDA
("STATE"); FURTHER DIRECTING THE CITY MANAGER TO RETURN TO THE
CITY COMMISSION FOR APPROVAL REGARDING THE STATE WAIVER;
FURTHER AUTHORIZING AND DIRECTING THE CITY MANAGER AND THE CITY
ATTORNEY TO MAKE NON -SUBSTANTIVE REVISIONS AS NECESSARY TO
EXHIBIT A, THE AMENDED AND RESTATED AGREEMENT TO ENTER, THE
AMENDED AND RESTATED GROUND LEASE(S) ALL DOCUMENTS RELATING TO
THE STATE WAIVER.
Sign Veto
City of Miami Page 1 of 2 Printed on 09/23/2010
City of Miami
Mayor's Signature Report
Commission. Meeting:
September 23, 2010
*Please note the deadline to veto is on October 4, 2010 at 4:30 PM.
Received By:
Date:
Please call,Mari, el at ext. 5363 once Mayor has signed. Thanks.
•
City of Miami
Mayor Signature Report
Meeting Date: September 23, 2010
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number Title Enactment Number
10-01071
ATTEST:
Resolution Enactment No: R-10-0418
A RESOLUTION OF THE MIAMI CITY COMMISSION AMENDING
APPROPRIATIONS RELATING TO OPERATIONAL AND BUDGETARY
REQUIREMENTS FOR FISCAL YEAR ENDING SEPTEMBER 30, 2010.
Sign ►� Veto
Mayor Tomas Rega(lado
Mayor
Date
The signature of the mayor indicates review and action for the items
(R-10-0418). If any item does not indicate a determination to sign or veto,
the item shall be deemed to take effect 10 days from the date of the City
Commission Action.
iPr
Priscilla A. Thompson Date
City Clerk
City of Miami Page 1 of 1 Printed on 10/01/2010