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HomeMy WebLinkAboutSummary FormDate: 06/05/2015 AGENDA ITEM SUMMARY FORM FILE ID: 15-00748 Law Department Matter ID No. 15-1162 Requesting Department: Dept. of Real Estate & Asset Mngt. Commission Meeting Date: 06/25/2015 District Impacted: 5 Type: El Resolution C ❑ Other Ordinance n Emergency Ordinance n Discussion Item Subject: Resolution authorizing the City Manager to execute a Hold Harmless Agreement between the City of Miami (the "City") and DT Miami, LLC ("DT Miami"). Purpose of Item: A resolution of the Miami City Commission, with attachment(s), authorizing the City Manager to execute a Hold Harmless Agreement (the "Agreement"), in substantially the attached form, between the City of Miami (the "City") and DT Miami, LLC ("DT Miami"), to allow DT Miami use the City owned property identified as Folio number 01-3136-000-0090, legally described in Exhibit "A-1" and depicted in the sketch on Exhibit "A-2", attached hereto and incorporated herein (the "Tract F&G") for staging purposes and to commence construction of the of improvements, generally consisting of overhead tracks and at -grade and below grade foundations and columns, under, over and within Tracts F&G, as depicted in the plans attached as Exhibit "C" (collectively, the "Improvements"); with terms and conditions more particularly described in the Agreement. Background Information: See Supplemental Page Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approv (SIGN AND DAB CIP N/A If using or receiving capital funds Grants N/A Risk l anageme Purchasing N/A Dept Director Chief `"� City Manager _ ...; Bud 6 Page 1 of 2 SUPPLEMENTAL PAGE Subject: Resolution authorizing the City Manager to execute a Hold Harmless Agreement between the City of Miami ("City") and DT Miami, LLC ("DT Miami"). Background Information: The City of Miami (the "City") is the owner of fee simple title to that certain real property identified as Folio number 01-3136-000-0090, legally described in Exhibit "A-1" and depicted in the sketch on Exhibit "A-2", attached hereto and incorporated herein by specific reference (the "Tract F&G"). The City acknowledges that Tract F&G is burdened with a 50 foot wide perpetual railroad easement to the Florida East Coast Railway Company, DT Miami's predecessor in interest, as recorded in Book 13782, Page 502 of the Official Records of Miami -Dade County, which significantly affects the use of Tract F&G; and DT Miami has received approval from Miami -Dade County and the City to build a railroad terminal project which includes a terminal of the All Aboard Florida passenger rail system, through Miami - Dade County Resolution No. Z-13-14, and office, retail and residential development, known as MiamiCentral ("Project"); and DT Miami has received site plan approval from Miami -Dade County and the City to build the Project through Miami -Dade County Administrative Site Plan No. 14-012 (together with County Resolution No. Z-13-14 referred to as the "Approvals"); and The Approvals permit the construction of improvements, generally consisting of overhead tracks and at -grade and below grade foundations and columns, under, over and within Tracts F&G, as depicted in the plans attached as Exhibit "C" (collectively, the "Improvements"); and The City intends to grant DT Miami an easement for the purposes of, among other things as set forth herein, constructing, maintaining and accessing the Improvements; however, such easement is not expected to be approved and executed for several months, and DT Miami needs to access Tract F&G immediately in order to avoid delay of the Improvements; and DT Miami has requested permission from the City to commence construction of the Improvements on the Tract F&G and to access Tract F&G for staging purposes, prior to the City granting DT Miami an easement; and The City requires the execution of this Agreement as a condition precedent to the granting of said permission to said DT Miami to construct the Improvements on such Tract F&G and use Tract F&G for staging purposes. Page 2 of 2