HomeMy WebLinkAboutCRA-R-14-0008 Master ReportCity of Miami
Master Report
Enactment Number: CRA-R-14-0008
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00039
Version: 1
File Name: RESOLUTION AUTHORIZING THE EXECUTION OF THE
INDEMNITY AGREEMENT WITH SAWYERS WALK, LTD
AS AN ALTERNATIVE RISK MANAGEMENT SOLUTION
IN ACCORDANCE WITH THE REVERTER SETTLEMENT
AGREEMENT WITH MIAMI-DADE COUNTY.
Requester:
File Type: CRA Resolution Status: Filed
Reference: Controlling Body: Office of the City
Clerk
Introduced: 1/15/2014
Cost: Final Action: 1/27/2014
Title: A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (THE
"CRA") APPROVING THE RELEASE TO BE EXECUTED BY SAWYER'S WALK, LTD. AND ITS
PARTNERS AND POINCIANA VILLAGE OF MIAMI, LTD. AND ITS PARTNERS IN THE FORM
ATTACHED (THE "SAWYER'S WALK RELEASE") AND INDEMNIFICATION AGREEMENT TO
BE EXECUTED BY SAWYER'S WALK, LTD. AND POINCIANA VILLAGE OF MIAMI, LTD. IN
THE FORM ATTACHED (THE "SAWYER'S WALK INDEMNIFICATION AGREEMENT") AS AN
ALTERNATE RISK MANAGEMENT SOLUTION TO REQUIRING OVERTOWN GATEWAY
PARTNERS, LLC ("OVERTOWN GATEWAY") AND ALL ABOARD FLORIDA NW SIXTH
STREET, LLC ("ALL ABOARD") FROM BEING REQUIRED TO PROVIDE THE
INDEMNIFICATION AGREEMENT CONTEMPLATED BY SECTION 7(F) OF THE SETTLEMENT
AGREEMENT BY AND BETWEEN THE CITY OF MIAMI (THE "CITY"), THE CRA AND
MIAMI-DADE COUNTY (THE "COUNTY"), DATED MAY 9, 2013 (THE "SETTLEMENT
AGREEMENT") AND REQUESTING THAT THE CITY AND THE COUNTY APPROVE THE
SAWYER'S WALK RELEASE AND SAWYER'S WALK INDEMNIFICATION AGREEMENT AS AN
ALTERNATIVE RISK MANAGEMENT SOLUTION THEREBY WAIVING THE REQUIREMENT
THAT OVERTOWN GATEWAY AND ALL ABOARD PROVIDE THE INDEMNIFICATION
AGREEMENTS REQUIRED UNDER THE TERMS OF THE SETTLEMENT AGREEMENT.
Sponsors:
Notes:
Indexes:
Attachments: File # 14-00039 Cover Memo.pdf,File # 14-00039 Legislation.pdf,File # 14-00039 Exhibit
Indemnification Agreement.pdf,File # 14-00039 Memo to City Clerk with Attachments.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 SEOPW Community 1/27/2014 ADOPTED Pass
Redevelopment Agency
1 CRA Special Counsel 1/28/2014 Reviewed and
Approved
City of Miami Page 1 Printed on 10/19/2022