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HomeMy WebLinkAboutCRA-R-13-0072 Exhibit AMr, Ed Marquez October 15, 2013 Page 3 Exhibit "A° Variances requested from Block 36 Declaration of Restrictions Unless otherwise defined herein, all capitalized terms set forth herein are as defined in that certain Declaration of Restrictions recorded May 15, 2013 in Official Records Book 28631, Page 2277 of the Public Records of Miami -Dade County, Florida (the "Declaration"). The Developer proposes the following variances to the Declaration, which shall be accomplished through an amendment of the Declaration: 1. Extending the Zoning Approval Deadline from May 14, 2014 to November 14, 2014, 2, Extending the Vertical Construction Deadline from May 14, 2015 to November 14, 2015. 3. Elimination of the Parking Component and all references to the Parking Component inthe Block 36 Declaration of Restrictions, 4, The minimum size of the Retail Component shall be increased from 30,000 square feet to 55,000 square feet as a condition of elimination of the Parking Component. 5, Project Payments. In addition to making the Project Payments, the Developer shall pay to the community benefits program to be established within the Southeast Overtown/Park West Community Redevelopment Area (the "Program"), Fifty Thousand and No/100 Dollars ($50,000,00) per year for 10 years to the Program with the first payment commencing on the Closing Date and each anniversary thereof. 1126oae1e _v1