HomeMy WebLinkAboutpre resolution2' SEP-22-2004 11:59
CITY OF MIAMI P.11
REldOLUTION NO. glik7I2r
A ESSOLUTIQN AUTBORIETNO TEE ASSIGNMENT
OF TO AMREENSHT DATED SEPTEMBER 45,
1979, BETWEEN THE CITY OP MIANI AHD
JERRY'S, INC.. (ASSIGNOR), TO TERRENAPR
AT DINNER KEY, INC., (AEHIGNEEy, PURSUANT
TO OF TUE REFERENCED
AGREEMENT, Su T TO TEE CITY REACHING A
SATISFACTORY REMOTION WITH JERRY'S
TEC., REGARDING ANY OUTSTANDLNG AMOUNTS
DUE TEE MY FOR ANY AND ALL PERIODS
ENDING PRIOR TO AND INCLUDING SENTENSER
)0, 1966,E AND SODJBCT TO TM SIMULTANEOUS
ARATE
BETTERAGREEMENTP
FRFROMASSIGNEE, NREI
ETRCH
ASSIGNEE ACRHOWLEDQHS TEAT THE COCONUT
GROVN SEISMIC!! CENTER WILL BE EXPANDED
AND VEAD CERTAIN ACTIVITIES OCCURRING DUE
TO TUR EXPANSION SBALL NB tNCONV11HIENT TO
TRH ASSIGNEE, HENCE ASSIGNEE SPYCI$YCALLY
TO
$ROT �A E ANYTCLAINIQFOR 6, DANA $BTB• DOE
v
PROFIT, DISRUPTION OP QUIET ENJOYMENT, OR
REINBDREBNENT IN ANY MANNER DUO TO ANY
DISRUPTION OP RUSINEE9 DV REASON OP
1%SN0VATIONB, ALTERATIONS. 0R EXPANSION
CONDUCTED BY TOE CITY AT T86 BITE OP THE
COCONUT GROVE EXHIBITION DENTIN) PURTEER
PROVIDED AND/ORRENOVATIONS OP EVENT
ID CENTERRESULTS
IN TEE CESSATION OF ASSIG149E'E
OPERATIONS, TSB ASSIGNEE SNALL NOT DE
REQUIRED TO KANE PAYMENTS NBRBUIOSR
DIMINO THE PERIOD Or BUGS CBBBATi0F;
VURTUER AUTHDKSIMG AN AMENDMENT tO
DELETB BECTIDN 32 0P TSB RBPBRSNOED
A0pnnNRNT IV XII! ENTIRETY; FURTHBN
AUTHORISING AN AMENDMENT TO 1O I Or
TEE REVERENCED AGREEMENT T PI ON
SEPTEMBER $O, 2001, AND POI TBRNBNARR AT
DINMBA gay, I4., TO SPEHA IN EXCESS QP,
AND R;UQVHMENTB NO TO ENE NS PREMISES 9 Al DESCRIB000 ED
IN RAEIBITA •A'r 'N° IIYD 'C�', APTAR
OCTOBER 1, 199E AND HERONS SEFTERBSR 30.
20047 FURTHER AUTHORISING AM ARMAMENT TO
RECTIOH 20 0P TEE REFERENCED 'AGREEMENT
REQUIRING THE CITY TO NAINTAI? FIRS AND
EXTENDED COVER/GB INSURANCE ON TEE
COCONUT GROVE EYBIHITION CENTER AND
GRANTING CONCESSIORAIRB'' THE RECUT ."70
REPAIR AND NESTOR", VAX PUNISHS II TOE
EVENT OF ME OR OTHER CADOALTY UNDER
CERTAIN CONDITIONS; FORTIER AOTBORIBIM0
AN' AMENDMENT ' TO Rig,T, Or TEE
REFERENCIA AGRNENEN1F-WWWING FOR A
GRACE vreRIOW'•MlTlx$ 'Vales TO .CURB 0$
COMMENCE MAIMS ANY NON-AOMPLIANCE=
FORTIER AUTHORISING AN '•AMBHDNB3tT'•' '70
ePOTIQN_. 1 Or TEE REVERENCED• , /1GR8j3MENT
PROVIDING FOR THE •NQNDCPLICATIOM';OP''TUS
RIHIRUN• GUARANTEED NONTULY . ANODNT
RESPECT' TO `PERCENTAGE •RENT.: 'AOg• RRGII
CONCESSION STAND AND RESTAURANT G1i0U
SALES.
' SEP-22-2004 12:00
CITY OF M1AMI
P.13
F.
k$d
�%ti{i�ew54d':1+�! v •p•;h; _•.LS'�^.T'.:1n. "wl :3't4�ti'kEaj4�Ji'b A wL•d '�+iA�ttlr'S+'+�+�#.kl
Ws2SOAS, the referenced Agreement on y,eation _12, Arpin:ninekx_si
t+, reaervice the right and privilege to terminate the ?d!
Agreement at any time, auihiaot to raimDureement to the
Conceesioneire of any unesortimad capital investment made by the
Canaesaionairti end
WgpRBAS, Terremark at Dinner Rey, Inc, has requested an
Adendaent to the Agreement dated September 25, 1979. itctiqd—ill.
Teeny c e , whereby SeCtion 72 would be deleted in lts
cntiretyl and
wuBADAS, the referenced Agreement an Sogtiga 1, spoetigA of
Cocceaetgn, +f9ree ulei Su 9"11oQ.2contains three glve-
yaar period extension options, terminating reapectively on
September 30, 1954, 1999 end 20041 and
MBBRBAs, Te k at Dinner Say, %nc „ hoe requested en
&Landsman La the agreement dated septesber 21, 1010, Section 1,
toga e n Ca si x a, .010e4t0 0=+ vhet*by the
City agrees. to attend the term of the Agreement to expire OA
September 30, 2001, and Terrell/irk at Dinner Soy, rho+. ward
expend LP eacton of, and In nu ease lies tries 03 0,000, pp
ieptovanente to %Se premiaeo ea desoeihod in tshiblte 'Act 'd'
and 'G' alter October 1, 1996 and babe' 8epteMber 30, 20041 enpr
we8i{Blld, tee %eineace4 Agreement, on pa0tioq 2i, Deanne us. , .•,�
28000100 of jiyildina, requires tbs City to diligently reiven•,,.
and resters any damage to the Coconut Grove Asblbitioa•Centex:'.w
and factber grants the City Manager the right to ,taraiastr
y
knennent upon S0 days notiro. to Conceasionmire, (Mould. 'lo; the• fit.
opinion"of the city Maxagot, the moat of repair or restorst$01 ps'4,o-;;:
to euhstential as to render the same *canonically infeeSihg!rir,, t'"'°(,
WARAEAa, recreant at Oiii et Ray, im040+i4� I,*fOgt5'° ,,�
�N
1
Aaa►ldmaat to the Agreedepr acted "8epyembtr +rF1
28.',1,9�9+:.
LaRn,1v •os •.MMi d e,Mbereby tbo Fity.'1* n1,0
required to carry. lira and ,attended cove;IOa, i teuflOO ,ti Ali to p
lull, replagement.net,of tea Cadent 0roaa �shsai ion ,,ceat•F, �°'° ;
1' J ere 4,"
further resY�eiating the City,' eight to canes; ''> '�,�e��•.c
4•
:•'ifs}
•
Al. AIIA�•IVI y1l
,,. 14
•ram; {iYB li.,.. ,• ipA, ,,,
' SEP-22-2004 12:00 CITY OF MIAMI
P.14
" , N.•�� `Alb t�..il
� r
should Concessionaire agree, during the eisty (60) day
notification period, to pay the balance required for the repair
and reatOcation of the Coconut Grove exhibition Canter, (in
eteae■ of the Cites insurance pro°seds), whirr sus shell be
°fruit against future rime due the City undo. the Agreement; and
wHeReAu, the referenced Agreement an Egrtion_i4, $avacatop,
91 °nceasioq ?riv}te@e, grants the City the right to cancel the
Agreement for Conoesalonaire•s failure to comply with any of the
terns of the Agreement, but tails to prr+vide for any grace period
during which, after notice et non-oosmplLsnao from cbe City,
Concessionaire okay cure said non-oemplian40i end
WHEREAS, Terxemarlc se Dinner Hey, Inc., has requested an
Amendment to the Agreement dated septesboc 25, 1979, 6ltmQd al,
$ V9cation of conceeeign sciv13aye, whereby ConQeesianalre shall
have thirty (30/ days After written notice teem the City within
Vlach t4 +Juke Or coeaence curing any non-eamplienoa7 and
WHEREAS, the referenced Agreement, on section
Conaidsrst1aH provides for a credit of the minimulk gwrentsed
*MOLy amount in respect of Conceselon $tend Grose sale■ under 14.1
(b)(11 end in $0egirt of Desteurent Grose WO. loader (14(21l and
VERONA°, Tereomark at Dinner Key, ins., hoe pequpstag;in
Amendment to the Agreement dated $eptembif 2S, 1079, whereby,the
sum total at 'Credit. for the minimum quarenteed monthly , emousp+. *
°bail not emceed, in the aggregate, the duff of four Thousand Rivi;11
Hundred seventy-five Dollars (94,579) per 'loath in •reapeot 4,of'HF,s.;
Percentage rent due under (b1(1) and (b)(2).
NOW, 9g6NHyoRB, is IT ACBOumCm sr rum COmmiSS 41d P,P;lnii:C :.•�
aq' xilulx v 8WRIDA: ' • , ::: ,1 ,,, r, �;
dection.l. moment
to $eat#oD y1, ya nitlars.' l(ral`9n�ie`t" iy+N ;; ;
Transfer of st9Ck of she igraemeat•'dated,.$op�Jaa ,',� Q � s+
approval AN hereby granted for the eaaigu.ppt,41 J.cry j ,1c;a .,r
interest in the referenced Agreement dated depbee+b.F' as/� ,10
Terre
maric at Dlnnee.Vty., Inc. i5 'A``; I, , o'x' S .
+ 15 i '5��,'1 +„�ya I
o
4 + •I�
"� I:•�CK,i d'r.', .• 'ld,+t1 s. •. I
.�4,�'} `:H1.`?•Air'='.1 '•i�r�°iu5, �,=74 �'�'�,+�y'Y.�
' SEP-22-2004 12:01 CITY OF MIAMI
P.15
.,u',y:.,�::+i4:,Ygi�;'�yq-� Y�r'+�w+ r�,-{���YN:i4(•,
gentian i. The City Onager le hereby authorised he etierUCe e
e Canoeist to Aseignmeet In 4 lard aCCsptable to the City
Attorney, aubject tot
(a) the City reaching a eatfegeotery resolution with Jerry's 4'
int. regarding any outstanding amounts due the vjty roe any had .a'
all ported; ending prior to and including dogmatist' 30, 19114i
(b) the Simultaneous submittal by the Assignee of a sspsfSts
latter agreement gram Acel9nee, in Which Aedignee aolcnvwledlith
that the Coconut Crave Srhlbltion Center will bo eaPendrd end
that oertoin activities occurring due to the crpension shall ha
invgnveaient to the Assignee. hence Assignee sPeeifioallY will
net sake any alales or damages due to business interruptions,
loss of profits, disruption of quiet anjoynvnt. 01 reimburdenent
in any manner due to any disruption of business by roasen of
renavetiona, elterationo, modification'', or capeouien conducted
by tie City at the nit, of the Coconut Grove BxbLbition Center.
(o) the prevision that IA the event the expansion and/or
renaystlen0 of said renter results in the eeeeetion of Assignee's
operatiaso, the Assignee obeli not be required to 'eke any
p0Ymentr heasunder derfrig the period 0t 'Wh aossatton. a„#
904164 3. The disuse in ,Beation 21, Ter'ainftlon by City, fr f ^
of the Asteemenb dated 0eptember 2Se 1979, bet+rgOf the City of �t
Miami end Jerry's, zoo., for the operation of the rest eurent eyed, '•,S '�;
11'1,,. t,d
concession stands at the coconut Grove fhshibitioo "Centee:,,
• is I„ ,,%;
reserving the right end privilege of the City to terainate tbo ,�{,
Yefero.ified Agreerteot, le bsreby deleted in it' antir9j•]j,. ••
' ,:<p+3 •
Section i. The elauea im $pctien 1,J. atioagf 'Cdecea i e +•
n and v ,a
Tern Tar, rid` `' ^4 .
cit. Sublimation 'a',et the Agreement dated.8epeesbef
1979, b the City of mini and Jerry's ino.,' for tit,Xf1
oper4tiva of the rsetaurant and 'Conciseipq stende,•'at�i, e: eel ;,
Grove esbibition Colter is r fh • ifs ,y;d
o ebY , lstgd • +NaO• , trlimr' ipllvr!��{j;,
la ua a is'•iA erred in• i is :v s
n9 A 9 k9 )ik ec'aa,,Eal3aMst,uf•; •' x , ;"'
ese t,sko1PL .es Il 'Tv
;; : _dill)' 1'"•'1' 'a�!+ y '`,
' ence4ylpg re eig( ,imk cna.; ' , °
' SEP--22-2004 12:01
CITY OF MIAMI P.16
CM
f6d, $71g,uoo. and 4n rQ , 00.66.}cJL .tp+
7anr�, 1zpravement4 tosopowrsia1a s
ityacn �sieber 1. 1$s�i and pentemc ;
Section 5. The clause in tics 6va_%4.s Pemaee or oaatructloq
of Building,, of the agreement dated September 2S, 1979, between
the City of Miami and Jerry'a Inc" for tho operation of the
reotaucant and concaaaie» stands a; Cho Coconut Prove Exhibition
Tonto*, SS herehy amended Co read aR follows (new language' L.
underlined,'
The city`eha11 at ito own out and exrwnae.
n� rrvT , eat
i0r dieypi OMcosco e aaoDyt
CsdaOAA roveph&teibition 1Center,evorC any
portion thereof, is damaged or destroyed by
efts or other casualty, said dasaga or
doerruction aba11 be ce aira4 and restored by
thy CITY, with due dlligenger aubieat to tho
right of the clay, 41 the roes of cepoir and
rastoratian 11 aq substoht103 0o tb oaks ouch
repair or rostorstioa oconowicallyy inlea44ble
in she opinion o! the City HOmoger, to
terminate thia Agraament WOO Misty (50)
daysnotice id s t
• '.al L'uf*
U
ntrift-liwanturmintuyni4rwr=
irivirmannallorrnranittntratm
t,24-refrai# [ fl i • a NC
., Si�a:tiFlYi'�tr�?i�rn
rinwIlIM-WitrAICIEEDEELAU
e our Tniet' t DTI rl
an o • ue toe irwri rigid lr: ,
•3Ii'111=ttT,
0
s
Section 6. The clause in $gapion 34, snvacas;a ,moo'
Cvneesakgn PriTilege, of the Agranrent dated depttmbsr 26, i979,
betueeo the City of Miami and 30rry's, Inc., for tho operationof
the tsstaur.nt and concession steads at the Coconut Grove
Exhibition cantor, 1.1 busby amanden by a4din4 tbs foiloyiny
Paragraph. as follows'
No ith
eaar Como • • r1 1�i3 T1.! do's t • r
�,
to cure Rq c•• a0ii31e•),•
flTW T3�TTiirr swan , o d , . r
the
w.41"!•.4'.,r.�•„>4.,P.N . ,5 ,.il•... „ rr;iik,fl::aY ,����� yat;t'aN�y11
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