HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-16-0567
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 1212 File Type: Resolution Status: ADOPTED
Revision: Controlling Body: City Commission
File Name: Parrot Jungle and Watson Island Introduced: 10/17/2016
Requesting Dept: Department of Real Estate and Asset Final Action Date: 11/17/2016
Management
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE AN ASSIGNMENT AND
ASSUMPTION AGREEMENT AND TERMINATION OF SUBLEASE ("ASSIGNMENT"),
IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE LEASE AND DEVELOPMENT
AGREEMENT BETWEEN THE CITY OF MIAMI ("CITY") AND PARROT JUNGLE AND
GARDENS OF WATSON ISLAND, INC., A FLORIDA CORPORATION ("ASSIGNOR"),
DATED SEPTEMBER 2, 1997, AS AMENDED ("LEASE"), AND THE ASSIGNOR'S
SUBTENANT, PJG WATSON ISLAND, L.L.C., A FLORIDA LIMITED LIABILITY
COMPANY ("SUBTENANT"), FOR THE DEVELOPMENT AND OPERATION OF
JUNGLE ISLAND; APPROVING THE TRANSFER OF THE JUNGLE ISLAND
LEASEHOLD INTEREST, LOCATED ON WATSON ISLAND, MIAMI, FLORIDA, TO ESJ
J.I. LEASEHOLD, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("ASSIGNEE");
CONTINGENT UPON THE CITY'S REVIEW AND APPROVAL OF ALL BACKGROUND
CHECKS REQUESTED BY THE CITY, COMPLETION OF THE CITY'S AUDIT OF ALL
DEFERRED RENT THROUGH 2013 AND ALLOWING FOR THE CITY'S ONGOING
AUDIT OF ALL ACCRUED UNPAID RENT FROM 2013 THROUGH 2016 IN ADDITION
TO ANY AND ALL LOANS AND SUCH OTHER OUTSTANDING AMOUNTS THAT MAY
BE OWED TO MIAMI-DADE COUNTY ("COUNTY") AND THE CITY TO SURVIVE THE
CLOSING, IF NOT FINALIZED BY THEN, WITH PAYMENT OF MONETARY
DIFFERENCES OWED THE CITY PAID FROM A PRE -DETERMINED AMOUNT
APPROVED BY THE CITY AND SET ASIDE IN AN ESCROW ACCOUNT, IF
NECESSARY; PROVISION OF THE COUNTY'S LOAN ASSUMPTION JOINDER AND
CONSENT AGREEMENT IN A FORM COMPARABLE WITH THIS ASSIGNMENT AND
ACCEPTABLE TO THE CITY ATTORNEY; PROVIDING THE CITY A TRANSFER FEE
OF A MINIMUM OF APPROXIMATELY ONE HUNDRED FIFTY THOUSAND DOLLARS
($150,000.00); WITH SUCH ADDITIONAL TERMS AND CONDITIONS AS MORE
PARTICULARLY SET FORTH IN THE LEASE.
Notes:
Links:
Attachments: 1212 Exhibit (PDF)
1212 Back -Up Documents (PDF)
History of Legislative File:
Revision: Acting Body: Date:
Action: Result:
Aldo Bustamante
Everton Garvis
Christopher M Rose
11/7/2016
11/7/2016
11/7/2016
Department Head Review
Initial Budget Review
Budget Review
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 3/11/2025
Alberto N. Parjus
Daniel J. Alfonso
Legislative Division
Victoria Mendez
City Commission
City Commission
Mayor's Office
City Clerk's Office
City of Miami
Master Report
Enactment Number:
11/7/2016
11/7/2016
11/7/2016
11/7/2016
11/17/2016
11/17/2016
11/23/2016
11/23/2016
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
R-16-0567
Assitant City Manager Review
City Manager Review
Legislative Division Review
Approved as to Form and
Correctness
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 3/11/2025