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HomeMy WebLinkAboutR-17-0507City of Miami Resolution R-17-0507 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 2914 Final Action Date: 10/26/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE THE FIRST AMENDMENT TO THE SETTLEMENT AGREEMENT BETWEEN THE CITY OF MIAMI AND OUTFRONT MEDIA LLC, F/K/A CBS OUTDOOR LLC, IN SUBSTANTIALLY THE ATTACHED FORM. WHEREAS, pursuant to Resolution No. 08-0258 adopted on May 8, 2008, the Miami City Commission authorized a settlement agreement between the City of Miami ("City") and CBS Outdoor, Inc. ("CBS"); and WHEREAS, Outfront Media, LLC ("Outfront") succeeded to the rights, title, and interest of CBS under the Settlement Agreement with the City; and WHEREAS, the City Commission wishes to authorize the City Manager to execute the First Amendment to the Settlement Agreement ("First Amendment"), in substantially the attached form, between the City and Outfront; and WHEREAS, the City Commission wishes to allow Outfront to erect digital billboards pursuant the terms of the First Amendment; 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 if fully set forth in this Section. Section 2. The City Manager is authorized' to execute the First Amendment to the Settlement Agreement between the City and Outfront, in substantially the attached form. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code provisions. 2 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 1 of 2 File ID: 2914 (Revision:) Printed On: 3/25/2025 File ID: 2914 Enactment Number: R-17-0507 APPROVED AS TO FORM AND CORRECTNESS: z, i y ttor ey ) 11/16/2017 City of Miami Page 2 of 2 File ID: 2914 (Revision:) Printed on: 3/25/2025