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HomeMy WebLinkAboutR-15-0349City of Miami Legislation Resolution: R-15-0349 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-01012 Final Action Date: 9/10/2015 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING PAYMENTS TO THE CITY OF MIAMI TOTALING $750,000.00, IN FULL SETTLEMENT OF ALL CLAIMS AND DEMANDS IN THE CASE OF RICKENBACKER MARINA, INC. V. CITY OF MIAMI, PENDING IN THE CIRCUIT COURT IN AND FOR MIAMI-DADE COUNTY, CASE NO. 13-21970 CA 08, PURSUANT TO THE TERMS OF THE SETTLEMENT AGREEMENT; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE SETTLEMENT AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO EFFECTUATE THE SETTLEMENT AGREEMENT. WHEREAS, Rickenbacker Marina, Inc. ("RMI") currently leases a waterfront marine facility located at Virginia Key ("Subject Property") which is owned by the City of Miami ("City"); and WHEREAS, RMI performed certain improvements to the Subject Property including the installation of a walkway along the retaining wall which was built five (5) feet wide instead of the eleven (11) foot width originally planned for and permitted; and WHEREAS, on or about March 28, 2013, the City declared RMI in default of the lease documents due to the failure of RMI to obtain a revised permit for the as -built walkway, which default RMI has disputed; and WHEREAS, the second amendment to the lease documents required RMI to contribute no less than $2 million towards the construction of a new parking facility if the City builds, or causes to be built, such parking facility; and WHEREAS, on or about July 18, 2013, the City declared RMI in default of the lease documents due to RMI's refusal to remit payment of $2 million to the City towards the construction of a new parking facility, which default RMI has disputed; and WHEREAS, on or about June 19, 2013, RMI initiated a lawsuit against the City in the Circuit Court in and for Miami -Dade County, Florida, styled Rickenbacker Marina, Inc. v. City of Miami, case no. 13-21970 CA 08, which lawsuit sought claims for declaratory and injunctive relief pertaining to the defaults declared by the City against RMI; and WHEREAS, the City countersued RMI alleging claims for declaratory relief and breach of contract in relation to RMI's obligation to pay no less than $2 million towards the construction of a new parking facility; and WHEREAS, the City and RMI have agreed to settle all claims with RMI, providing that RMI pay the City $750,000.00 by making a lump sum payment of $500,000.00, and installment payments of $25,000.00 per month to the City for ten (10) months with each installment payment to be made on City of Miami Page 1 of 2 File Id: 15-01012 (Version: 1) Printed On: 3/21/2018 File Number: 15-01012 Enactment Number: R-15-0349 the first of the month immediately following the month in which RMI makes the lump sum payment; and WHEREAS, the City and RMI have agreed to execute a written settlement agreement memorializing the terms of the settlement, to be executed by RMI and the City Manager; and WHEREAS, the Office of the City Attorney has investigated this claim and lawsuit and recommends that said claim and lawsuit be settled for $750,000.00; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. Payment to the City, in the amount of Seven Hundred Fifty Thousand and 00/100 dollars ($750,000.00), in full settlement of all claims and demands for the case of Rickenbacker Marina, Inc., v. City of Miami, case no. 13-21970 CA 08, pursuant to the terms of the settlement agreement, is accepted. Section 3. The City Manager is authorized to execute the settlement agreement, in substantially the attached form, and all necessary documents, in a form acceptable to the City Attorney, to effectuate the settlement. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1} Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 15-01012 (Version: 1) Printed On: 3/21/2018