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HomeMy WebLinkAboutExhibit-SUBm O m N D = D m co m D z v X • Cr, O 2 C • z O D C [1 z m z 1. License. to and upon the terms and conditions set forth in this Agreement, Licensor hereby 71mo SubjectP to grants to Licensee an exclusive license solely for the Use (as defined herein) of certain space on the roof of, and in the "DAS Room" located on the roof level of, the building ("Building") located at 450 NW 1" Avenue, Miami, Florida (Folio No. 01-4137-072-0080) and more particularly described on Exhibit "A" attached hereto and made a part hereof (the "Property"), and such space in the "DAS Room" and on the roof of the Building is more particularly described on Exhibit "B" attached hereto and made a part hereof (the "Licensed Area"). "Use" shall be defined as the installation, operation and maintenance, at Licensee's sole cost and expense, on the Licensed Area in the location(s) described on Exhibit "B" of the Licensee Equipment (as defined herein) for the purposes of providing (i) communication services used in the operation of Licensee's internal business activities where Licensee holds a Federal Communications Commission ("FCC") license for said use, (ii) common carriage where Licensee holds an FCC license as a Radio Common Carrier, (iii) communications services for others where Licensee holds an FCC license as the system operator, or (iv) transceivers for use by others where others hold an FCC license for the operation of said transceivers. "Licensee Equipment" shall be defined as any radio communications equipment, including base stations, antenna(s), poles, dishes or masts, cabling or wiring and accessories used therewith and approved by Licensor for installation, operation and maintenance on the Licensed Area in the location(s) described on Exhibit "B". An initial list of the Licensee Equipment is attached hereto as Exhibit "C". Licensee, subject to Licensor's prior written approval and subject to the terms of Section 7 hereof, may periodically add or remove radio telecommunications equipment to and from the Licensed Area, promptly following which Licensee shall provide to Licensor an updated list of the Licensee Equipment. It is acknowledged and agreed that any new Licensee Equipment shall comply with all terms of this Agreement. WILLKIE DRAFT 5/26/2022 LICENSE AGREEMENT 9: THIS LICENSE �A E MENT (the "Agreement") is made this day of , 2022,Eby anti between DT Residential South LLC a Delaware limited liability company ('Licensor"), and POOR OR MIAMI, a municipality created pursuant to the laws of the State of Florida, having its principal office and place of business at 3500 Pan American Drive, Miami, Florida 33133 (hereinafter called the "Licensee" or "City"). 2. Use. The Licensed Area may be used by Licensee only for the Use and no other uses shall be permitted without Licensor's prior written consent, which consent may be granted or withheld in Licensor's sole but reasonable discretion. Licensee shall bear sole responsibility for obtaining, at Licensee's expense, all licenses and permits required for Licensee's use of the Licensed Area (the "Governmental Approval"). 3. Initial Term. The term of this Agreement shall be ten (10) years commencing on the date that physical possession of the Licensed Area is given to the Licensee as evidenced by a letter signed by the Licensee (the "Commencement Date"), and terminating on the day which is one (1) day prior to the tenth (loth) anniversary of the Commencement Date ("Initial Term"). 4. Renewal Terms. After the Initial Term, this Agreement shall automatically be renewed for successive one (1) year periods (each, a "Renewal Term") unless either party notifies the other of its intention not to renew the Agreement at least thirty (30) days prior to the expiration of the Initial Term or the Renewal Term which is then in effect. The Initial Term and the Renewal Term(s) are hereinafter collectively referred to as the "Term". 5. Condition of Licensed Area. LICENSEE ACKNOWLEDGES AND AGREES THAT LICENSOR HAS NOT UNDERTAKEN TO PERFORM ANY MODIFICATIONS, ALTERATIONS OR IMPROVEMENTS TO THE LICENSED AREA, ACKNOWLEDGES AND ACCEPTS THE LICENSED AREA IN ITS "AS IS" CONDITION, AND AS SUITABLE FOR THE PURPOSE FOR WHICH IT IS LICENSED, AND LICENSOR HAS NOT MADE ANY REPRESENTATION OR WARRANTY i2484 Exhibit -SOS '1N3Wf1D0a SIH130 ON3 3H1 IV N33S 39 NVJ 1VNI9I210 d11)I3V9 'TdNIDI2J0 01 NOI1l1I1S9fS V SI 1N3WfDOa SIHI CONCERNING THE PROPERTY, BUILDING OR THE LICENSED AREA, OR THE SUITABILITY OF ANY OF THE FOREGOING FOR THE USE. 6. Interference. Licensee acknowledges that the Building is leased to one or more tenants for various uses, some of which tenants have the right to install satellite dishes, antennas and other communications equipment within and on the roof of the Building in connection with the operation of such tenants' businesses within the Building. Additionally, Licensee acknowledges the Licensor or its affiliates own a building located adjacent to the Building at 100 NW 6' Street, Miami, Florida (collectively, the "Existing Building"), which Existing Building is or shall be leased to one or more tenants for various uses, some of which tenants shall have the right to install satellite dishes, antennas and other communications equipment within and on the roof of the Existing Building in connection with the operation of such tenants' businesses within the Existing Building. Licensee agrees that the operation of the Building and the Existing Building will not interfere with Licensee's use of the Licensed Area and hereby waives any claims of interference relating thereto. Licensee further covenants that its use will not intentionally interfere with wireless communications operations in or on the Building or the Existing Building. If in the sole judgement of Licensor, any electrical, electromagnetic, radio frequency or other interference shall result from the operation of any of the Licensee Equipment, Licensor shall notify Licensee and Licensee shall, within ten (10) days from receipt of such notice, exercise due diligence to analyze the cause of the interference and make such modifications as are necessary to eliminate the inference. If Licensee fails to cure such interference to the satisfaction of Licensor within such ten (10) day period, then Licensee shall notify Licensor of its failure to cure the interference problem and identify to Licensor in reasonable detail the additional corrective measures it proposes to undertake in an effort to resolve the interference. Licensee shall use due diligence to implement the proposed corrective measures and shall keep Licensor informed regarding the status of the corrective work. If such interference has not been corrected within ninety (90) days, Licensor may, at its sole discretion either terminate this Agreement upon written notice to Licensee or may require that Licensee immediately remove from the Licensed Area the specific item of Licensee Equipment causing such interference. 7. Rooftop Improvements; Equipment; Maintenance; Utilities and Access. (a) Subject to the terms and conditions hereof, Licensee shall have the right at Licensee's sole cost and expense, to erect and maintain on the Licensed Area the Licensee Equipment. The Licensee Equipment shall remain the exclusive property of the Licensee throughout the Term and upon termination of this Agreement, subject to the terms and conditions of this Agreement. All or any portion of the Licensee Equipment, may be removed by the Licensee from the Licensed Area at any time during the Term, subject to Licensee repairing any damage to the Building caused thereby and any alterations or modifications to be made in connection with such removal shall be "Alterations" requiring Licensor's prior written consent in accordance with this Section 7. Licensee shall remove, at or prior to the expiration or earlier termination of the Term, all License Equipment or other Alterations made by Licensee during the Term and restore the Licensed Area to the condition existing prior to the installation of the same. The Licensor and Licensee agree that any portion of the Licensee Equipment that remains on the Licensed Area after sixty (60) days following the expiration or earlier termination of this Agreement shall be deemed abandoned by the Licensee and shall be thereafter owned by the Licensor without further consent of the Licensee; provided, however, in the event such Licensee Equipment is deemed abandoned and/or Licensee fails to restore the Licensed Area to the condition existing prior to the installation of the same, Licensor may elect to remove the Licensee Equipment and/or restore the Licensed Area, in which event Licensee shall remain liable to Licensor for the reasonable cost of such removal and/or restoration. (b) Prior to the initial installation and subsequent relocation, addition or modification of the Licensee Equipment, or the performance of any construction or other invasive activities in the Licensed Area (an "Alteration"), Licensee shall: (i) obtain the Licensor's prior written consent, which consent shall not be - 3 - SEEN AT THE END OF THIS DOCUMENT. -4 0rfl v z o r c p° m D Z c- C v, D O C al co z�'i c D - Z 03 z m O unreasonably withheld conditioned or delayed (except that consent shall be in the Licensor's sole but reasonable discretion as to the installation method, construction and materials attached to the Building and visual appearance of the Alteration or screening thereof), and Licensor shall give written notice to Licensee of its approval or disapproval with detailed reasons for the disapproval within a reasonable period after receipt thereof); and (ii) submit to Licensor detailed engineering plans and specifications of the planned Alteration prepared by a professional architect or engineer licensed to practice in the State of Florida which shall conform to Licensor's design and engineering criteria and any technical standards established by Licensor relating to frequency compatibility, radio interference protection, antenna type and location and physical installation, and which shall be in form, content and detail sufficient (x) to secure all required governmental permits and approvals, (y) for a contractor to perform all work shown thereon and covered thereby and (z) sufficient to detetinine (i) whether such Alteration complies with all applicable laws, (ii) whether such Alteration is to be performed using materials at least equal to Building standard and (iii) the effect such Alteration shall have on the structural components of the Building, including the Building systems, and the operation and maintenance of the Building ("Licensee's Plans"), for Licensor's approval, which approval shall not be unreasonably withheld, conditioned of or delayed and Licensor shall give written notice to Licensee of its approval or disapproval with detailed reasons for the disapproval within a reasonable period of time after receipt thereof. Notwithstanding anything in this Agreement to the contrary, Licensor shall have the right to withhold its consent to any Alteration or Licensee' s Plans if such contemplated Alteration (or the manner in which it is installed or conducted) (i) may void or limit Licensor's roof warranty or guaranty for the Building, or (ii) Licensor determines (in its sole discretion) that such Alteration would (x) adversely affect or alter the Building, the exterior of the Building, the roof of the Building, the structural elements of the Building or Building systems, the capacity, operation, maintenance or integrity of the Building or its components, the quiet use or enjoyment of existing users of the Building, (y) affect the certificate of occupancy or certificate of use for the Building or necessitate the performance of any work by Licensor or (z) require any structural alteration to any portion of the Building or its components. Notwithstanding anything in this Agreement to the contrary, Licensor shall have the right to be present during the performance of all work by or on behalf of the Licensee. Licensee acknowledges and agrees that Licensee's Plans may also be subject to the approval of the parties having rights pursuant to covenants, conditions, restrictions or other documents of record affecting the Property (collectively, the "Recorded Documents"), and Licensee further agrees that any approval by Licensor hereunder shall be conditioned upon such further approval under the Recorded Documents. As necessary, Licensor, at no expense to Licensor, shall submit the Licensee' s Plans for approval under the Recorded Documents and shall use its commercially reasonable efforts to obtain such approval. Licensee shall be responsible for Licensor's reasonable out-of-pocket costs incurred by Licensor in connection with the review of Licensee's Plans or efforts to obtain consent under any Recorded Documents. (c) All Alterations shall be accomplished in a good and workmanlike manner at Licensee's sole expense, using materials consistent with Building standard, in conformity with applicable laws, rules and regulations, by a licensed contractor approved by Licensor. Licensor agrees to cooperate with Licensee in order to enable any Alterations to be performed in a timely manner, and shall use commercially reasonable efforts to minimize any interference with the operation of the Building and the quiet use or enjoyment of existing users of the Building. Licensor shall have the right of prior approval of any contractors engaged by Licensee to perform any work on behalf of Licensee on the Licensed Area; provided, however, that neither approval by Licensor nor engagement of any contractor shall relieve, release or affect in any manner any of Licensee's obligations hereunder, and Licensee shall at all times be and remain fully liable for any work performed by or through Licensee. All contractors shall, for the duration of the entire period in which such Alterations shall be performed, carry workers' compensation insurance and commercial general liability insurance in amounts and with companies reasonably acceptable to Licensor (with Licensor, any property manager or lender of Licensor, and such other persons as Licensor shall reasonably designate as additional insureds) and shall deliver a certificate of insurance evidencing such coverages to Licensor prior to commencing -4- SEEN AT THE END OF THIS DOCUMENT. O � N z O c m D Z n � c (7, work in the Licensed Area. Licensee shall deliver true and complete copies of all permits, o authorizations, licenses and permits required to be obtained by applicable laws, rules and regulations prior to commencing work in the Licensed Area. Upon completion of any such Alteration, Licensee c w C„ shall provide Licensor with "as built" plans and proof of payment for all labor and materials. Licensee z ={ will have no authority or power, express or implied, to create or cause any construction lien or D ▪ c mechanics' or materialmen's lien or claim of any kind against the Licensed Area or the Property. zLicensee will promptly cause any such liens or claims to be released by payment, bonding or otherwise 2 within thirty (30) days after request by Licensor. The foregoing obligation shall survive the expiration ^' p or earlier termination of this Agreement. . (d) For the avoidance of doubt, the installation and subsequent relocation, addition or modification of any antenna or any run lines, cables, conduits, mounting equipment or other equipment related thereto shall be an "Alteration" hereunder and shall be subject to all terms and conditions governing Alterations as set forth herein. The number, location, size, weight, height and all other features and specifications of the antenna shall be subject to Licensee's prior written approval in accordance with the terms and conditions of Section 7(a) hereof and Licensor agrees to reasonably consult with Licensee as to the foregoing in connection with Licensee's preparation of such specifications. Licensee shall paint or otherwise obtain and maintain any Licensee Equipment located on the roof of the Building in white or such other color as Landlord shall determine and shall install such lightning rods, air terminals or screening on or about the Licensee Equipment as Landlord may reasonably require. Upon at least thirty (30) days' prior written notice to Licensee, Landlord shall have the right to require Licensee to relocate any antenna to another location of similar size, provided that such relocation would not materially adversely affect the operation of the antenna. Any such relocation shall be performed by Licensee at Licensor's expense, and in accordance with all of the requirements of this Section 7. (e) Licensee shall manage all engineering services, including intermodulation studies and all site engineering and construction necessary to install, operate and maintain the Licensee Equipment on the Licensed Area. Licensee shall, at its sole expense, keep and maintain the Licensed Area and the Licensee Equipment thereon, in good order, condition and repair, and in compliance with applicable laws, rules and regulations. Licensee shall install, construct and maintain the Licensee Equipment on the Licensed Area at no cost to Licensor. Licensee shall, at its expense, keep and maintain the Licensed Area and the Licensee Equipment thereon in good, safe, and clean order during the Term of this Agreement. Licensee shall take, at its own expense, all measures and precautions necessary to render the Licensed Area inaccessible to unauthorized persons. Licensee shall conduct its business and control it agents, employees, and contractors in such a manner as not to create any nuisance, or interfere with, any other tenant of the Building or Licensor in its operation of the Building (including the Licensed Area) and shall keep the Licensed Area free of debris and anything of a dangerous, noxious, toxic or offensive nature or which could create a fire hazard or undue vibration, heat or noise. (f) All installations and operations in connection with this Agreement shall comply with all federal, state, and local laws, codes and regulations (including, without limitation, those promulgated by the FCC and the Federal Aviation Administration) and with any reasonable rules and regulations of the Building established by Licensor. Licensor assumes no responsibility for the licensing, operation or maintenance of the Licensee Equipment. Licensee shall register the Licensee Equipment, if required, with appropriate governmental authorities and keep the same current during the Term. In the event that any federal, state, county, regulatory or other authority requires the removal or relocation of any Licensee Equipment, Licensee shall remove or relocate such antenna at Licensee's sole cost and expense, and Licensor shall under no circumstances be liable to License therefor. (g) Licensee shall not damage the Building and shall immediately repair, at Licensee's sole expense, any injury or damage to the Building resulting from Licensee's, and its employees', agents', contractors', subcontractors' and invitees' actions, inactions, or exercise of its rights hereunder. Licensee shall -5- m O m 7 ) DG..v _ c m W m z c v—, -n tri x_ c O m O D c (h) Licensee shall be responsible for the expense of any utilities associated with the operation of c --i any Licensee Equipment. Subject to Section 5 hereof, Licensor shall furnish to Licensee electrical facilities to rn z z furnish 200amps by 120/208v in electric panel 3EMLR to power the Licensee Equipment (the "Required z m 0-1 modifications, which shall be sub -metered, it being understood that Licensor shall not be required to perform any modifications, alterations or improvements to the Licensed Area or to the Building or otherwise incur any costs in order to ensure the delivery of the Required Voltage to Licensee. Licensee shall install and maintain the submeter at Licensee's expense and shall be responsible for the costs of any electricity attributable to the Licensed Area as measured by such submeter. Failure by Licensor to furnish such facilities shall not render Licensor liable in any respect for damages to either person or property nor relieve Licensee from fulfillment of any covenant or obligation hereunder. If any Licensee Equipment fails because of loss of electrical power, Licensor shall give notice to Licensee and Licensor shall use reasonable diligence to restore electrical power promptly, but Licensee shall have no claim for damages on account of any interruption in electrical service occasioned thereby or resulting therefrom. Notwithstanding the foregoing, Licensor shall, at all tunes, have the right to shut down the electrical service to the Licensed Area and Licensee Equipment in connection with any maintenance program conducted for the Building or to perform repairs. In connection therewith, Licensor shall give Licensee forty-eight (48) hours prior written notice, except in the emergency situations, in which event notice may be within a shorter period and may given verbally. not locate or operate, or cause to locate or operate, any cranes or other heavy machinery at the Building, without Licensor's prior written approval. Licensor's approval of Licensee's Plans shall create no responsibility or liability on the part of Licensor for their completeness, design sufficiency or compliance with rules and regulations of governmental agencies or authorities. (i) Licensee and its employees, agents, contractors, subcontractors and invitees shall have access to the Licensed Area during Licensor's Building hours of operation. For all entry into the Building, Licensee shall (i) notify the Licensor prior to arrival (at least 24 hours prior except in the event of emergency, in which case Licensee will provide as much notice as possible); (ii) contact the property manager upon its arrival; (iii) if Licensor so elects, be accompanied by an authorized representative of Licensor, and (iv) at all times comply with all of Licensor's reasonable security procedures. Any entry onto or access to the Building after normal business hours shall be permitted in Licensor's sole but reasonable discretion, provided that in the event of any emergency, Licensor shall use reasonable efforts to permit access. 8. Termination. Except as otherwise provided herein, this Agreement may be terminated without any penalty upon written notice as follows: (a) By Licensor (x) upon a default of any covenant or term hereof by Licensee, which default is not cured within thirty (30) days of receipt of written notice of default from Licensor (without however, limiting any other rights available to Licensor pursuant to any other provisions hereof); provided, however, that if such default cannot reasonably be cured within such period and Licensee commences efforts to cure the default within such period and diligently pursues curing of the default to completion within a reasonable time period (not exceeding ninety (90) days), then Licensor shall no longer be entitled to declare a default, or (y) for any other reason upon thirty (30) days' advance written notice to Licensee; or (b) By Licensee for any reason upon thirty (30) days' advance written notice from Licensee to Licensor. 9. Taxes; Operating Expenses. Licensee shall pay any personal property taxes assessed on, or any portion of such taxes attributable to, the Licensee Equipment. Licensee shall pay any increase in real property taxes levied against the Licensed Area which are directly attributable to the Licensee Equipment and the Licensee's use of the Licensed Area, together with any required sales tax, and Licensor agrees to furnish proof of such increase to Licensee. Licensee shall promptly pay when due all other expenses arising -6- SEEN AT THE END OF THIS DOCUMENT. O Gl a 2 O D n r C 00 m n out of the maintenance, operation, and repair of the Licensed Area, and any improvements thereon, and e i„ shall pay the cost of all utilities serving the Licensed Area and any improvements thereon. -o • c 10. Destruction of Premises. In the event of damage by fire or other casualty to the Building or the z03 Licensed Area which disrupts Licensee's operations on the Licensed Area, Licensor shall have no obligation to restore the Licensed Area; provided, however, that at any time following such fire or other n casualty, provided the Licensor has not completed the restoration required to permit Licensee to resume its Zp operations at the Licensed Area, either party may terminate the Agreement upon written notice to the other co m party. In such event, all rights and obligations of each party hereunder (except those obligations which 0 survive the expiration or termination of this Agreement) shall cease as of the date of the damage or destruction. Further, Licensor shall have no liability to Licensee for any loss or damage to any property or person occasioned by theft, fire, act of God, public enemy, injunction, riot, strike, insurrection, war, court order, requisition, or other order of governmental body or authority, or for any unintentional or non - negligent damage or inconvenience which may arise through maintenance, repair or alteration of any part of the Building, failure to make any such repairs, or acts by the Licensor. 11. Condemnation. If a condemning authority takes all of the Property or a portion of the Property including the Building, this Agreement shall terminate as of the date the title vests in the condemning authority. Licensee may not make any claim for losses in any condemnation proceeding involving the Licensed Area. A sale of all or part of the Licensed Area to a purchaser with the power of eminent domain, in the face of the exercise of eminent domain power, shall be treated as taking by condemnation for the purpose of this section. 12. Insurance. (a) Licensee operates a self insured program in accordance and subject to the limitations of Section 768.28 of the Florida Statutes. (b) [Licensee acknowledges that Licensor is not responsible for insuring against the loss of the Licensee Equipment. (c) 13. Licensee's Environmental Covenants and Indemnity. As used in this Agreement, the term "Hazardous Materials" shall mean any hazardous or toxic substance, material or waste which is, or becomes designated as such in the future or is regulated by any agency of the United States Government or by any local governmental authority having jurisdiction, including, without limitation, any substance, material or waste that is defined or designated as a hazardous substance pursuant to the Comprehensive Environmental Response, Compensation and Liability Act, the Resource Conservation and Recovery Act or the Clean Water Act. Dunng the Term of this Agreement, Licensee shall cause the presence, use, storage and/or disposal of any Hazardous Material, on or under the Property and the Licensed Area by Licensee, its agents, employees or contractors to be in compliance with all applicable laws, rules, regulations and orders. Licensee shall defend, indemnify, protect and hold Licensor harmless from and against all claims, costs, fines, judgments and liabilities, including attorney's fees and costs, arising out of or in connection with the presence, storage, use or disposal of Hazardous Materials on or under the Property or the Licensed Area caused by the acts, omissions or negligence of Licensee, its agents, employees or contractors. The foregoing indemnity shall survive the expiration or earlier termination of this Agreement. 14. Indemnification. 15. Limitation of Liability. 16. Notices. All notices required or permitted under this Agreement shall be in writing and shall be deemed effective upon personal delivery, or three (3) days after being deposited in the U.S. Mail, registered or certified, and postage prepaid, or one (1) day after being deposited with a nationally recognized overnight -7- SEEN AT THE END OF THIS DOCUMENT. ORIGINAL. BACKUP ORIGINAL CAN BE 01 NOI1l1I1S8fS V SI 1N3WfDOa SIHI courier service. Such notices shall be addressed to the party at the addresses shown below, or at such other address or addresses as either party shall designate to the other in writing in accordance with this section: As to Licensor: DT Residential South LLC With a copy to: As to Licensee: With A copy to: Attention: Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019 Attention: Carly Saviano, Esq. City of Miami - GSA 1390 NW 20d' Street Miami, FL 33142 Attention: Director City of Miami — Department of Real Estate and Asset Management 444 SW 2nd Ave, 3rd Floor Miami, FL 33130 Attention: Director 17. Inspection. Licensee shall permit Licensor or its agents, upon providing twenty-four (24) hours' notice (except in case of actual or suspected emergency, in which event no notice shall be required, however, Licensor shall endeavor to provide notice to Licensee as soon as reasonably practicable thereafter), which notice may be made by written request or by e-mail, access the Licensee Equipment and the Licensed Area to (a) inspect the Licensee Equipment and/or the Licensed Area, (b) make technical measurements or tests related to the Licensee Equipment, (c) perform any obligations of Licensee hereunder which Licensee has failed to perform or make any other alterations or repairs, (d) assure Licensee's compliance with the terms and provisions of this Agreement and with all applicable laws, ordinances, codes, rules and regulations or (e) access any breaker or fire alarm panels or other utility boxes and/or systems located in the Licensed Area; provided, however, in conducting any inspection or testing of the License Equipment or making any other alterations or restorations to the Licensed Area, neither Licensor nor its agents shall perform any adjustments to the Licensee Equipment without Licensee's prior written approval, except as may be permitted herein or as may be reasonably necessary due to an emergency. 18. Subordination. This Agreement shall be subject to and subordinate to any mortgage or deed to secure debt made by Licensor which may now or hereafter encumber the Property where the Licensed Area is located. If the holder of any such mortgage or deed of trust ("Mortgagee") shall succeed to the rights of Licensor under this Agreement whether through possession of the Property or foreclosure action or otherwise, Licensee agrees to attorn to Mortgagee on the same teiuis and conditions as set forth herein, in each case, without further action on the part of any party. Licensee shall execute in timely fashion a subordination, non -disturbance agreement or such instruments as may reasonably be requested to evidence the provisions of this section, subject to an administrative fee of five hundred dollars ($500.00) per instrument to be paid to Licensee. -8- '1N31Af1JOd SIH13O CIN3 3H.L N33S ORIGINAL. BACKUP ORIGINAL CAN BE THIS DOCUMENT IS A SUBSTITUTION TO 19. Assignments and Sublicenses. (a) Licensee may not assign this Agreement without the prior written consent of Licensor, which consent Licensor may withhold in its sole discretion. Licensee shall not be permitted to sublicense or share the Licensee Equipment (except as provided in Section 1 hereof) with third parties without the prior written consent of Licensor, which consent Licensor may withhold in its sole but reasonable discretion. (b) Licensor shall have the right to freely transfer and assign, in whole or in part, all of its rights and obligations hereunder and in the Building and no further liability shall accrue against Licensor hereunder following any such transfer or assignment. 20. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties, their respective heirs, successors, personal representatives and permitted assigns. 21. Waiver of Incidental and Consequential Damages. Neither party will assert any claim whatsoever against the other for loss of anticipatory profits or any other indirect, special, incidental or consequential damages incurred by such party arising out of this Agreement. 22. Compliance with Laws. Licensee shall at all times, and at its sole cost and expense, promptly comply with all present and future legal requirements, laws, ordinances, orders, rules or regulations, permit conditions and requirements of all federal, state, county and municipal governments, courts, departments, commissions, boards, and offices, or any other body exercising functions similar to any of those of the foregoing, which may be applicable to Licensee's use of the Licensed Area, or any part thereof, including, without limiting the generality of the foregoing, legal requirements, laws, ordinances, orders, rules, regulations and permit conditions pertaining to pollution, environmental protection, air quality and water quality. Licensee shall procure, at its own expense, all applicable permits and licenses required in connection with Licensee's use of the Licensed Area. 23. Certifications. Licensor may request that Licensee certify information to a current or prospective mortgagee or prospective purchaser. Such certification shall be transmitted by Licensee within ten (10) days after receipt of written request and may be relied upon by Licensor and any such mortgagee or purchaser, and the contents of the certificate shall be binding upon Licensee. The certificate may include, without limitation, (i) the validity, force and effect of this Agreement; (ii) the extent to which this Agreement has been supplemented or amended; (iii) the existence of any default; (iv) the existence of any offsets, counterclaims or defenses; (v) the commencement and expiration dates of the Term, (vi) the amount of any prepaid sums, if applicable; and (vii) any other matter as may reasonably be requested. Such certification is subject to a five hundred dollar ($500.00) administrative fee to be paid to Licensee for the production and execution for each such certification. 24. Miscellaneous. (a) Each party in any litigation arising hereunder shall be responsible for their own attorney's fees and court costs, including appeals, if any. (b) This Agreement constitutes the entire agreement and understanding of Licensor and Licensee with respect to the subject matter of this option and rooftop lease, and supersedes all offers, negotiations and other agreements. There are no representations or understandings of any kind not set forth herein. No other contract, oral or otherwise, regarding the subject matter of this Agreement shall be deemed to exist or bind any of the parties hereto. Any amendments to this Agreement must be in writing and executed by Licensor and Licensee. -9- SEEN AT THE END OF THIS DOCUMENT. 39 NVD 1VNI9I IO dflNDV9 1YNI9I21O Ol NOI1l1I1S9fS V SI 1N31Alf1JOa SIHl (c) Neither Licensor nor Licensee is represented by a broker in this transaction and each party shall hold the other party harmless from any claims for commission by any broker. The foregoing provision shall survive the expiration or earlier termination of the Agreement. (d) This Agreement shall be construed in accordance with the laws of the state of Florida. The venue for any claim, cause, or action resulting from the terms of this Agreement shall be a court of competent jurisdiction in Miami -Dade County, Florida. (e) Notwithstanding any provision provided in this Agreement to the contrary, Licensee acknowledges that this Agreement shall not be construed in any manner to transfer to Licensee an interest in real estate. (f) If any term of this Agreement is found to be void or invalid, such invalidity shall not affect the remaining terms of this Agreement, which shall continue in full force and effect. (g) This Agreement may be executed in two or more counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties, it being understood that all parties need not sign the same counterpart. The parties agree that a scanned or electronically reproduced copy or image of this Agreement shall be deemed an original. The parties shall be entitled to sign and transmit an electronic signature on this Agreement (whether by facsimile, PDF or other email transmission), which signature shall be binding on the party whose name is contained therein. Any party providing an electronic signature agrees to promptly execute and deliver to the other parties an original signed Agreement upon request. (h) The Licensee is entering into this Agreement in its proprietary capacity and does not hereby grant or waive any of its rights as a sovereign entity, , . The Licensee reserves its privileges and does not waive its protection afforded to it by Section 768.28 of the Florida Statutes or other applicable laws. (SIGNATURE PAGES FOLLOWING) - 10 - 1N31A1f1D0a SIH13O aN3 3H11Y N33S 38 too 1VNID11:10 dflNDV8 1VNIDI210 THIS DOCUMENT IS A SUBSTITUTION TO IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. LICENSOR: WITNESS: DT Residential South LLC, a Delaware limited liability company Print Name Print Name By: Print Name: Title: Date: ATTEST: LICENSEE: CITY OF MIAMI, a municipal corporation of the State of Florida By: By: Todd B. Hannon Arthur Noriega V City Clerk City Manager APPROVED AS TO INSURANCE APPROVED AS TO LEGAL FORM & REQUIREMENTS: CORRECTNESS: By: By: Ann -Marie Sharpe, Director Risk Management Department Victoria Mendez City Attorney SEEN AT THE END OF THIS DOCUMENT. ORIGINAL. BACKUP ORIGINAL CAN BE 01 NOI1f11I1SBfS V SI 1N3WfDOa SIHI EXHIBIT "A" Description of the Property SOUTH TOWER PROPERTY LEGAL DESCRIPTION Residential South Element R S-G2 (Residential South Ground 2): A portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 35.91 feet; thence North 00°06'22" East, a distance of 564.65 feet to the POINT OF BEGINNING; thence North 00°11'49" West, for a distance of 7.07 feet to the point of curvature, concave to the Southeast, having as its elements a radius of 169.86 feet and a central angle of 17°31'34", a radial line through said point bears North 41 ° 16'53" West; thence Northeasterly along said curve, for an arc distance of 51.96 feet to a point of non -tangency; thence South 00°11'49" East, a distance of 20.61 feet; thence North 89°48' 11" East, a distance of 16.19 feet; thence South 00°11'49" East, a distance of 14.12 feet; thence South 89°48' 11" West, a distance of 59.92 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically excluded from the aforesaid parcel is the portion thereof lying above a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988). And R S-G3 (Residential South Ground 3): A portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 29.40 feet; thence North 00°06'22" West, a distance of 440.12 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 34.50 feet; thence North 89°48' 11" East, a distance of 9.92 feet; thence South 00°11'49" East, a distance of 28.83 feet; thence North 89°48' 11" East, a distance of 29.17 feet; thence North 00°11'49" West, a distance of 38.63 feet; thence South 89°48' 11" West, a distance of 21.33 feet; thence North 00°11'49" West, a distance of 66.87 feet; thence North 89°48' 11" East, a distance of 49.33 feet; thence South 00°11'49" East, a distance of 54.85 feet; thence North 89°48' 11" East, a distance of 46.90 feet; thence South 00°11'49" East, a distance of 8.17 feet; thence North 89°48' 11" East, a distance of 42.05 feet; thence South 00°11'49" East, a distance of 56.15 feet; thence South 89°48'11"_ West,_ a_ distance_ of19.33feet; thence North 00°11'49" West, a distance of 14.54 feet; thence South 89°48' 11" West, a distance of 17.92 feet; thence South 00°11'49" East, a distance of 18.06 feet; thence South 89°48' 11" West, a distance of 5.52 feet; thence South 00°11'49" East, a distance of 27.23 feet; thence South 89°48' 11" West, a distance of 22.66 feet; thence South 00°11'49" East, a distance of 5.25 feet; thence South 89°48' 11" West, a distance of 12.75 feet; thence North 00°11'49" West, a distance of 25.16 feet; thence North 89°48' 11" East, a distance of 7.08 feet; thence North 00°11'49" West, a distance of 6.59 feet; thence North 89°48' 11" East, a distance of 5.33 feet; thence North 00°11'49" West, a distance of 7.78 feet; thence South 89°48' 11" West, a distance of 16.75 feet; thence North 00°11'49" West, a distance of 32.04 feet; thence South 89°48' 11" West, a distance of 6.25 feet; thence South 00°11'49" East, a distance of 15.00 feet; thence South 89°48' 11" West, a distance of 12.58 feet; thence South 00°11'49" East, a distance of 31.42 feet; thence South 89°48' 11" West, a distance of 14.12 feet; thence North 00°11'49" West, a distance of 16.00 feet; thence South 89°48' 11" West, a distance of 10.87 feet; thence North 00°11'49" West, a distance of 2.83 feet; thence South 89°48' 11" West, a distance of 29.75 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically excluded from the aforesaid parcel is the portion thereof lying -2- m O m zcv >zo c m pp z n z above a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988). Ovcin And O N R S-G4 (Residential South Ground 4): c A portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as zrecorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, being more O D -I particularly described as follows: c n COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South m z boundary of said TRACT C, a distance of 29.38 feet; thence North 00°06'22" East, a distance of 402.58 z oo z feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 12.71 feet; thence North m O 89°48'11" East, a distance of 10.14 feet; thence South 00°11'49" East, a distance of 12.71 feet; thence South 89°48'l1" West, a distance of 10.14 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically excluded from the aforesaid parcel is the portion thereof lying above a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988). And R S-G5 (Residential South Ground 5): A portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 84.81 feet; thence North 00°06'22" East, a distance of 283.57 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 27.67 feet; thence North 89°48' 11" East, a distance of 14.29 feet; thence South 00°11'49" East, a distance of 27.00 feet; thence South 89°48' 11" West, a distance of 4.79 feet; thence South 00°11'49" East, a distance of 0.67 feet; thence South 89°48' 11" West, a distance of 9.50 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically excluded from the aforesaid parcel is the portion thereof lying above a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988). And R S-Ml (Residential South Mezzanine 1): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 120.93 feet; thence North 00°06'22" East, a distance of 401.85 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 12.42 feet; thence North 89°48' 11" East, a distance of 12.17 feet; thence North 00°11'49" West, a distance of 6.42 feet; thence North 89°48' 11" East, a distance of 9.83 feet; thence South 00°11'49" East, a distance of 18.83 feet; thence South 89°48' 11" West, a distance of 22.00 feet to the POINT OF BEGINNING. And R S-M3 (Residential South Mezzanine 3): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest comer of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 77.90 feet; thence North 00°06'22" East, a distance of 482.51 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 7.93 feet; thence South 89°48' 11" West, a distance of 7.96 feet; thence North 00°11'49" West, a distance of 61.08 feet; thence North 89°48' 11" East, a distance of 26.33 feet; thence South 00°11'49" East, a distance of 69.01 feet; - 3 - '1N3Wf130a SIH130 aN3 3H11V N33S 38 NY)1VNIDIHO df1NDV8 1VNIDIHO 01 NOI1f11I1S8f1S V SI 1N3Wf1DOa SIHI thence South 89°48' 11" West, a distance of 18.37 feet to the POINT OF BEGINNING. And R S-M4 (Residential South Mezzanine 4): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 75.74 feet; thence North 00°06'22" East, a distance of 421.53 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 19.00 feet; thence North 89°48'11" East, a distance of 8.51 feet; thence South 00°11'49" East, a distance of 19.00 feet; thence South 89°48'11" West, a distance of 8.51 feet to the POINT OF BEGINNING. And R S-M5 (Residential South Mezzanine 5): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 46.04 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East, along the South boundary of said TRACT C, a distance of 120.89 feet; thence North 00°06'22" East, a distance of 419.15 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 7.44 feet; thence North 89°48' 11" East, a distance of 4.79 feet; thence South 00°11'49" East, a distance of 7.44 feet; thence South 89°48' 11" West, a distance of 4.79 feet to the POINT OF BEGINNING. And R S-M6 (Residential South Mezzanine 6): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East, along the South boundary of said TRACT C, a distance of 120.78 feet; thence North 00°06'22" East, a distance of 436.18 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 34.17 feet; thence North 89°48' 11" East, a distance of 10.32 feet; thence South 00°11'49" East, a distance of 34.17 feet; thence South 89°48' 11" West, a distance of 10.32 feet to the POINT OF BEGINNING. And R S-P4 (Residential South Platform 4): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 46.04 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East, along the South boundary of said TRACT C, a distance of 120.86 feet; thence North 00°06'22" East, a distance of 423.91 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 4.69 feet; thence North 89°48' 11" East, a distance of 5.30 feet; thence South 00°11'49" East, a distance of 4.69 feet; thence South 89°48' 11" West, a distance of 5.30 feet to the POINT OF BEGINNING. And R S-P5 (Residential South Platform 5): -4- '1N31A1f1DOa SIH. JO aN3 3H11V N33S 39 NVD IVNI9I21O cIMIDVB 1VNI9I IO 01 NOI1l1I1S9fS v SI 1N3WfJOO SIHI A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 46.04 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" East, along the South boundary of said TRACT C, a distance of 66.98 feet; thence North 00°06'22" East, a distance of 283.48 feet to the POINT OF BEGINNING; thence North 00° 11'49" West, a distance of 16.50 feet; thence North 89°48' 11" East, a distance of 11.61 feet; thence South 00°11'49" East, a distance of 16.50 feet; thence South 89°48' 11" West, a distance of 11.61 feet; to the POINT OF BEGINNING. And R S-T1 (Residential South Tower 1): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 161.75 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence North 00°00'47" West along the West boundary of said TRACT C, a distance of 157.90 feet; thence continuing along the West boundary of said TRACT C, North 00°34'55" West, a distance of 115.02 feet to the POINT OF BEGINNING; thence continue along the West boundary of said TRACT C North 00°34'55" West, a distance of 248.71 feet to the point of intersection with a curve concave to the Southeast, having as its elements a radius of 165.67 feet and a central angle of 17°23'20", a radial line through said point bears North 64°51'29" West; thence Northeasterly, along said curve, for an arc distance of 50.28 feet; thence North 89°48'11" East, a distance of 64.31 feet; thence North 00° 11'49" West, a distance of 43.00 feet to the point of intersection with a curve concave to the Southeast, having as its elements a radius of 165.67 feet and a central angle of 10°42'51", a radial line through said point bears North 20°27'51" West; thence Northeasterly along said curve, and along the Northerly boundary of said TRACT C, for an arc distance of 30.98 feet to a point of compound curvature with a curve concave to the Southeast, having as its elements a radius of 211.41 feet and a central angle of 09°30'46"; thence Northeasterly along said curve, for an arc distance of 35.10 feet to a point of non -tangency with a line; thence North 89°57'46" East along said non -tangent line, a distance of 14.89 feet; thence South 00°00'52" West, a distance of 4.38 feet; thence North 89°57'46" East, a distance of 18.61 feet; thence South 00°11'49" East, a distance of 339.63 feet; thence South 89°48'11" West, a distance of 188.98 feet to the POINT OF BEGINNING. And R S-T2 (Residential South Tower 2): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according _to_the _plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 161.75 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 516.83 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence North 00°00'47" West, along the West boundary of said TRACT C, a distance of 157.90 feet; thence continuing along the West boundary of said TRACT C, North 00°34'55" West, a distance of 224.06 feet to the POINT OF BEGINNING; thence continue along the West boundary of said TRACT C North 00°34'55" West a distance of 100.00 feet; thence North 89°48'l1" East, a distance of 190.39 feet; thence South 00°11'49" East, a distance of 100.00 feet; thence South 89°48'11" West, a distance of 189.72 feet to the POINT OF BEGINNING. And R S-T3 (Residential South Tower 3): A parcel being a portion of TRACT C 1, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, - 5 - '1N31A1f1DOG SIHI 30 GN3 3H11V N33S 39 NVD it/NMI:O df1)I3V9 'IVNIDI210 THIS DOCUMENT IS A SUBSTITUTION TO having as its lower boundary a horizontal plane at elevation 119.00 feet (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 157.08 feet (North American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMENCE at the most Northwesterly corner of said TRACT Cl; thence North 89°48'11" East along the North boundary of said TRACT C 1, a distance of 5.24 feet to the POINT OF BEGINNING; thence continuing along the North boundary of said TRACT Cl, North 89°48'11" East, a distance of 22.42 feet to the point of intersection with a curve concave to the Southeast, having as its elements a radius of 187.33 feet and a central angle of 07°04'40", a radial line through said point bears North 10°51'50" West; thence Southwesterly, along said curve, for an arc distance of 23.14 feet; thence North 00°11'49" West, a distance of 5.68 feet to the POINT OF BEGINNING. - 6 - '1N3Wf00a SIH130 aN3 3H1 IV N33S 38 NVD TitNI9R10 df1NDV8 1VNI91210 Ol NOI1lhI1S8fS V SI IN3Wflaoa SIHI EXHIBIT "B" Description of the Licensed Area Roof [TO BE ATTACHED] -7- 1N3Wf1DOa SIH130 aN3 3Hl lid N33S 38 MO 1VNI9I210 dfl)13V8 1VN19180 Ol NOI1f1111S8f1S V SI 1N3WflDOa SIHJ Roof Level -8- 1N31Nf130a SIH130 dN3 3H11V N33S O x a v z o r c D m x -I EXHIBIT "C" c („ v 0 N List of Licensee Equipment c 2 v Communication equipment (i.e., Bi-Directional Amplifier, Distributed Antenna System and Radio g c Frequency equipment) for first responders D z O a; z m WILLKIE DRAFT 5/26/2022 LICENSE AGREEMENT THIS LICENSE AGREEMENT (the "Agreement") is made this day of , 2022, by and between DT Residential South LLC a Delaware mited liability company ("Licensor"), and CITY OF MIAMI, a municipality created pursuant to the 1 + s of the State of Florida, having its principal office and place of business at 3500 Pan American Drive, 'ami, Florida 33133 (hereinafter called the "Licensee" or "City"). 1. License. Subject to and upon the terms and conditions set forth in this A,. Bement, Licensor hereby grants to Licensee an exclusive license solely for the Use (as defined herein) certain space on the roof of, and in the "DAS Room" located on the roof level of, the building ("Bui inf") located at 400 NW 1st Avenue, Miami, Florida 33128 and more particularly described onExhibi : `A" attached hereto and made a part hereof (the "Property"), and such space in the "DAS Room" and o the roof of the Building is more particularly described on Exhibit "B" attached hereto and made a part reof (the "Licensed Area"). "Use" shall be defined as the installation, operation and maintenance, at Li nsee's sole cost and expense, on the Licensed Area in the location(s) described on Exhibit " of the censeeEqui `BEquipment (as defined herein) for the purposes of providing (i) communication, services use.. in the operation of Licensee's internal business activities where Licensee holds a Federal Communic. ons Commission ("FCC") license for said use, (ii) common carriage where Licensee holds ann' FCC icense as a Radio, Common Carrier, (iii) communications services for others where Licensee holds n FCC license as the system operator, or (iv) transceivers for use by others where others hold an FC license for the operation of said transceivers. "Licensee Equipment" shall be defined asany radio cR' munications equipment, including base stations, antenna(s), poles, dishes or masts, cabling or w` ' and accessories used therewith and approved by Licensor for installation, operation and maintenan on the Licensed: Area in the location(s) described on Exhibit `B". An initial list of the Licensee Equip ent is attached hereto as Exhibit "C". Licensee, subject to Licensor's prior written approval and subje to the terms of Section"'l=hereof, may periodically add or remove radio telecommunications equipmen ' o and from, the Licensed Area, promptly following which Licensee shall provide to Licensor an up r ed list of the Licensee Equipment. It is acknowledged and agreed that any new Licensee Equipment all comply with all terms of this Agreement. 2. Use. " The Licensed Area . be used by Licensee only for the Use and no other uses shall be permitted without Licenser's prior tten consent, which consent may be granted or withheld in Licensor's sole but reasonable discretion L. ensee shall bear sole. responsibility for obtaining, at Licensee's expense, all licenses and permits require for Licensee's use of the Licensed Area (the "Governmental Approval"). 3. Initial Term. The;'erm of this Agreement shall be ten (10) years commencing on the date that physical possession .of th : icensed'Area is given to the Licensee as evidenced by a letter signed by the Licensee (the "Comine- ement Date"), and terminating on the day which is one (1) day prior to the tenth (loth) anniversary of " e Commencement Date ("Initial Term"). 4. Renewal _,, erms. After the Initial Term, this Agreement shall automatically be renewed for successive one ( ) year periods (each, a "Renewal Term") unless either party notifies the other of its intention not : renew the Agreement at least thirty (30) days prior to the expiration of the Initial Term or the Renew.;` Term which is then in effect. The Initial Term and the Renewal Term(s) are hereinafter collective % referred to as the "Term". 5. ' Condition of Licensed Area. LICENSEE ACKNOWLEDGES AND AGREES THAT LIC" SOR HAS NOT UNDERTAKEN TO PERFORM ANY MODIFICATIONS, ALTERATIONS OR I ; ' ROVEMENTS TO THE LICENSED AREA, ACKNOWLEDGES AND ACCEPTS THE LICENSED A IN ITS "AS IS" CONDITION, AND AS SUITABLE FOR THE PURPOSE FOR WHICH IT IS ICENSED, AND LICENSOR HAS NOT MADE ANY REPRESENTATION OR WARRANTY W 1- CONCERNING THE PROPERTY, BUILDING OR THE LICENSED AREA, OR THE SU ABILITY OF ANY OF THE FOREGOING FOR THE USE. 6. Interference. Licensee acknowledges that the Building is leased to one or more uses, some of which tenants have the right to install satellite dishes, antennas and of equipment within and on the roof of the Building in connection with the opera businesses within the Building. Additionally, Licensee acknowledges the Licens building located adjacent to the Building at 100 NW 66' Street, Miami, Florida ( Building"), which Existing Building is or shall be leased to one or more tenan which tenants shall have the right to install satellite dishes, antennas and othe within and on the roof of the Existing Building in connection with the opera within the Existing Building. Licensee agrees that the operation of the B will not interfere with Licensee's use of the Licensed Area and hereby relating thereto. Licensee further covenants that its use will not communications operations in or on the Building or the Existing Licensor, any electrical, electromagnetic, radio frequency or operation of any of the Licensee Equipment, Licensor shall not (10) days from receipt of such notice, exercise due diligence make such modifications as are necessary to eliminate t interference to the satisfaction of Licensor within such Licensor of its failure to cure the interference problem additional corrective measures it proposes to underta shall use due diligence to implement the proposed regarding the status of the corrective work. If suc days, Licensor may, at its sole discretion either or may require that Licensee immediately re Equipment causing such interference. ve ants for various r communications on of such tenants' or its affiliates own a lectively, the "Existing for various uses, some of ommunications equipment n of such tenants' businesses ding and the Existing Building aives any claims of interference tentionally interfere with wireless uilding. If in the sole judgement of er interference shall result from the Licensee and Licensee shall, within ten analyze the cause of the interference and inference. If Licensee fails to cure such n (10) day period, then Licensee shall notify nd identify to Licensor in reasonable detail the in an effort to resolve the interference. Licensee rrective measures and shall keep Licensor informed interference has not been corrected within ninety (90) inate this Agreement upon written notice to Licensee from the Licensed Area the specific item of Licensee 7. Roofto . Im . rovements• E s ui . ent• Maintenance. Utilities and Access. (a) Subject to the terms . `d conditions hereof, Licensee shall have the right at Licensee's sole cost and expense, to erect and m.'.:'tain on the Licensed Area the Licensee Equipment. The Licensee Equipment shall remain the excl ve property of the Licensee throughout the Term and upon termination of this Agreement, subject to the erms and conditions of this Agreement. All or any portion of the Licensee Equipment, may be removed the Licensee from the Licensed Area at any time during the Term, subject to Licensee repairing any d.: age to the Building caused thereby and any alterations or modifications to be made in connection with +ch removal shall be "Alterations" requiring Licensor's prior written consent in accordance with this Sec,: on 7. Licensee shall remove, at or prior to the expiration or earlier termination of the Term, all License quipment or other Alterations made by Licensee during the Term and restore the Licensed Area to th= condition existing prior to the installation of the same. The Licensor and Licensee agree that any po on of the Licensee Equipment that remains on the Licensed Area after sixty (60) days following the e iration or earlier termination of this Agreement shall be deemed abandoned by the Licensee and all be thereafter owned by the Licensor without further consent of the Licensee; provided, however, in . ' e event such Licensee Equipment is deemed abandoned and/or Licensee fails to restore the Licensed ea to the condition existing prior to the installation of the same, Licensor may elect to remove the Lice e ee Equipment and/or restore the Licensed Area, in which event Licensee shall remain liable to Licens a' for the reasonable cost of such removal and/or restoration. (b) Prior to the initial installation and subsequent relocation, addition or modification of the ensee Equipment, or the performance of any construction or other invasive activities in the Licensed Area an "Alteration"), Licensee shall: (i) obtain the Licensor's prior written consent, which consent shall not be -3- unreasonably withheld conditioned or delayed (except that consent shall be in the Li reasonable discretion as to the installation method, construction and materials attached visual appearance of the Alteration or screening thereof), and Licensor shall give writ of its approval or disapproval with detailed reasons for the disapproval within a receipt thereof); and (ii) submit to Licensor detailed engineering plans and spec Alteration prepared by a professional architect or engineer licensed to practice i shall conform to Licensor's design and engineering criteria and any techni Licensor relating to frequency compatibility, radio interference protection, physical installation, and which shall be in form, content and detail suf governmental permits and approvals, (y) for a contractor to perform all thereby and (z) sufficient to determine (i) whether such Alteration co whether such Alteration is to be performed using materials at least e effect such Alteration shall have on the structural components systems, and the operation and maintenance of the Building ("Li which approval shall not be unreasonably withheld, conditio written notice to Licensee of its approval or disapproval wit reasonable period of time after receipt thereof. Notwithsta Licensor shall have the right to withhold its consent contemplated Alteration (or the manner in which it is in roof warranty or guaranty for the Building, or (ii) Alteration would (x) adversely affect or alter the Building, the structural elements of the Building or integrity of the Building or its components, t (y) affect the certificate of occupancy or cert of any work by Licensor or (z) require a components. Notwithstanding anything i be present during the performance of all agrees that Licensee's Plans may als covenants, conditions, restrictions "Recorded Documents"), and Lic conditioned upon such further expense to Licensor, shall su shall use its commercially r Licensor's reasonable out - Plans or efforts to obtain nsor's sole but the Building and notice to Licensee asonable period after cations of the planned e State of Florida which 1 standards established by tenna type and location and ent (x) to secure all required ork shown thereon and covered plies with all applicable laws, (ii) al to Building standard and (iii) the the Building, including the Building nsee's Plans"), for Licensor's approval, ed of or delayed and Licensor shall give etailed reasons for the disapproval within a ing anything in this Agreement to the contrary, o any Alteration or Licensee's Plans if such lled or conducted) (i) may void or limit Licensor's censor determines (in its sole discretion) that such uilding, the exterior of the Building, the roof of the Building systems, the capacity, operation, maintenance quiet use or enjoyment of existing users of the Building, cate of use for the Building or necessitate the performance structural alteration to any portion of the Building or its his Agreement to the contrary, Licensor shall have the right to ork by or on behalf of the Licensee. Licensee acknowledges and e subject to the approval of the parties having rights pursuant to other documents of record affecting the Property (collectively, the see further agrees that any approval by Licensor hereunder shall be proval under the Recorded Documents. As necessary, Licensor, at no it the Licensee's Plans for approval under the Recorded Documents and sonable efforts to obtain such approval. Licensee shall be responsible for -pocket costs incurred by Licensor in connection with the review of Licensee's onsent under any Recorded Documents. All Alterations shall be accomplished in a good and workmanlike manner at Licensee's role expense, using materials consistent with Building standard, in conformity with applicabl r aws, rules and regulations, by a licensed contractor approved by Licensor. Licensor agrees to coop„ ate with Licensee in order to enable any Alterations to be performed in a timely manner, and shall e commercially reasonable efforts to minimize any interference with the operation of the Biz' , i ing and the quiet use or enjoyment of existing users of the Building. Licensor shall have the right o''.rior approval of any contractors engaged by Licensee to perform any work on behalf of Licensee n the Licensed Area; provided, however, that neither approval by Licensor nor engagement of any contractor shall relieve, release or affect in any manner any of Licensee's obligations hereunder, and Licensee shall at all times be and remain fully liable for any work performed by or through Licensee. All contractors shall, for the duration of the entire period in which such Alterations shall be performed, carry workers' compensation insurance and commercial general liability insurance in amounts and with companies reasonably acceptable to Licensor (with Licensor, any property manager or lender of Licensor, and such other persons as Licensor shall reasonably designate as additional insureds) and shall deliver a certificate of insurance evidencing such coverages to Licensor prior to commencing -4- work in the Licensed Area. Licensee shall deliver true and complete cop authorizations, licenses and permits required to be obtained by applicable laws prior to commencing work in the Licensed Area. Upon completion of any su shall provide Licensor with "as built" plans and proof of payment for all labo will have no authority or power, express or implied, to create or caus mechanics' or materialmen's lien or claim of any kind against the Lic Licensee will promptly cause any such liens or claims to be released by within thirty (30) days after request by Licensor. The foregoing obli or earlier termination of this Agreement. . (d) For the avoidance of doubt, the installation and modification of any antenna or any run lines, cables, conduits, mou related thereto shall be an "Alteration" hereunder and shall be subje Alterations as set forth herein. The number, location, size, we; specifications of the antenna shall be subject to Licensee's prio terms and conditions of Section 7(a) hereof and Licensor agre the foregoing in connection with Licensee's preparation of otherwise obtain and maintain any Licensee Equipment loc other color as Landlord shall determine and shall install or about the Licensee Equipment as Landlord may reas written notice to Licensee, Landlord shall have the another location of similar size, provided that suc operation of the antenna. Any such relocation sh in accordance with all of the requirements of thi (e) Licensee shall manage all site engineering and construction necessa Licensed Area. Licensee shall, at its sol Equipment thereon, in good order, con regulations. Licensee shall install, con cost to Licensor. Licensee shall, a Equipment thereon in good, safe, its own expense, all measures unauthorized persons. License such a manner as not to creat its operation of the Buildin and anything of a dange vibration, heat or noise s of all pennits, es and regulations Alteration, Licensee and materials. Licensee any construction lien or sed Area or the Property. yment, bonding or otherwise ion shall survive the expiration s '.sequent relocation, addition or ng equipment or other equipment to all terms and conditions governing ht, height and all other features and written approval in accordance with the to reasonably consult with Licensee as to uch specifications. Licensee shall paint or ed on the roof of the Building in white or such ch lightning rods, air terminals or screening on ably require. Upon at least thirty (30) days' prior ght to require Licensee to relocate any antenna to elocation would not materially adversely affect the be performed by Licensee at Licensor's expense, and ection 7. e r; ineering services, including intennodulation studies and all o install, operate and maintain the Licensee Equipment on the expense, keep and maintain the Licensed Area and the Licensee ion and repair, and in compliance with applicable laws, rules and ruct and maintain the Licensee Equipment on the Licensed Area at no its expense, keep and maintain the Licensed Area and the Licensee d clean order during the Term of this Agreement. Licensee shall take, at d precautions necessary to render the Licensed Area inaccessible to shall conduct its business and control it agents, employees, and contractors in any nuisance, or interfere with, any other tenant of the Building or Licensor in (including the Licensed Area) and shall keep the Licensed Area free of debris s, noxious, toxic or offensive nature or which could create a fire hazard or undue SUBSTITUTED (f) All tallations and operations in connection with this Agreement shall comply with all federal, state, and ; +cal laws, codes and regulations (including, without limitation, those promulgated by the FCC and the Fe''ral Aviation Administration) and with any reasonable rules and regulations of the Building established by ,'icensor. Licensor assumes no responsibility for the licensing, operation or maintenance of the Licensee E.. pment. Licensee shall register the Licensee Equipment, if required, with appropriate governme .1 authorities and keep the same current during the Term. In the event that any federal, state, county, gulatory or other authority requires the removal or relocation of any Licensee Equipment, Licens:, shall remove or relocate such antenna at Licensee's sole cost and expense, and Licensor shall unde o circumstances be liable to License therefor. (g) Licensee shall not damage the Building and shall immediately repair, at Licensee's sole pense, any injury or damage to the Building resulting from Licensee's, and its employees', agents', contractors', subcontractors' and invitees' actions, inactions, or exercise of its rights hereunder. Licensee shall - 5 - not locate or operate, or cause to locate or operate, any cranes or other heavy machinery at th<, : uilding, without Licensor's prior written approval. Licensor' s approval of Licensee's Plans shall create ; o responsibility or liability on the part of Licensor for their completeness, design sufficiency or comp ance with rules and regulations of governmental agencies or authorities. (h) Licensee shall be responsible for the expense of any utilities ass • ated with the operation of any Licensee Equipment. Subject to Section 5 hereof, Licensor shall furnish to censee electrical facilities to furnish 200amps by 120/208v in electric panel 3EMLR to power the Lice'ee Equipment (the "Required Voltage"), which shall be sub -metered, it being understood that Licensor shnot be required to perform any modifications, alterations or improvements to the Licensed Area or to the B ding or otherwise incur any costs in order to ensure the delivery of the Required Voltage to Licensee. ensee shall install and maintain the submeter at Licensee's expense and shall be responsible for the cos of any electricity attributable to the Licensed Area as measured by such submeter. Failure by Licensor , furnish such facilities shall not render Licensor liable in any respect for damages to either person or prop,' nor relieve Licensee from fulfillment of any covenant or obligation hereunder. If any Licensee Equip t fails because of loss of electrical power, Licensor shall give notice to Licensee and Licensor shall use r asonable diligence to restore electrical power promptly, but Licensee shall have no claim for damages on . ccount of any interruption in electrical service occasioned thereby or resulting therefrom. Notwithstand.. the foregoing, Licensor shall, at all times, have the right to shut down the electrical service to the Licens - Area and Licensee Equipment in connection with any maintenance program conducted for the Building o o perform repairs. In connection therewith, Licensor shall give Licensee forty-eight (48) hours prior writt notice, except in the emergency situations, in which event notice may be within a shorter period and ma given verbally. (i) Licensee and its employees, a ts, contractors, subcontractors and invitees shall have access to the Licensed Area during Licensor's Build':. g hours of operation. For all entry into the Building, Licensee shall (i) notify the Licensor prior to arrival least 24 hours prior except in the event of emergency, in which case Licensee will provide as much notic-, s possible); (ii) contact the property manager upon its arrival; (iii) if Licensor so elects, be accompanied by n authorized representative of Licensor, and (iv) at all times comply with all of Licensor's reasonable secuc procedures. Any entry onto or access to the Building after normal business hours shall be permitted in ' censor's sole but reasonable discretion, provided that in the event of any emergency, Licensor shall use rea ,nable efforts to permit access. 8. Termination. Exce; ' as otherwise provided herein, this Agreement may be terminated without any penalty upon written no ce as follows: (a) By Lice ''sor (x) upon a default of any covenant or term hereof by Licensee, which default is not cured within thi K (30) days of receipt of written notice of default from Licensor (without however, limiting any other ri ts available to Licensor pursuant to any other provisions hereof); provided, however, that if such default , annot reasonably be cured within such period and Licensee commences efforts to cure the default withi -' uch period and diligently pursues curing of the default to completion within a reasonable time period (n• exceeding ninety (90) days), then Licensor shall no longer be entitled to declare a default, or (y) for any other reason upon thirty (30) days' advance written notice to Licensee; or (b) By Licensee for any reason upon thirty (30) days' advance written notice from Licensee to Taxes; Operating Expenses. Licensee shall pay any personal property taxes assessed on, or any p •. ' ion of such taxes attributable to, the Licensee Equipment. Licensee shall pay any increase in real operty taxes levied against the Licensed Area which are directly attributable to the Licensee Equipment and the Licensee's use of the Licensed Area, together with any required sales tax, and Licensor agrees to furnish proof of such increase to Licensee. Licensee shall promptly pay when due all other expenses arising -6- out of the maintenance, operation, and repair of the Licensed Area, and any improvement' hereon, and shall pay the cost of all utilities serving the Licensed Area and any improvements thereon 10. Destruction of Premises. In the event of damage by fire or other casualty to ' e Building or the Licensed Area which disrupts Licensee's operations on the Licensed Area, Li •° nsor shall have no obligation to restore the Licensed Area; provided, however, that at any time foll•, ing such fire or other casualty, provided the Licensor has not completed the restoration required to pe it Licensee to resume its operations at the Licensed Area, either party may terminate the Agreement upo written notice to the other party. In such event, all rights and obligations of each party hereunder (e ° ept those obligations which survive the expiration or termination of this Agreement) shall cease as f the date of the damage or destruction. Further, Licensor shall have no liability to Licensee for any ;;ass or damage to any property or person occasioned by theft, fire, act of God, public enemy, injunction, ,.` ot, strike, insurrection, war, court order, requisition, or other order of governmental body or autho , or for any unintentional or non - negligent damage or inconvenience which may arise through main nance, repair or alteration of any part of the Building, failure to make any such repairs, or acts by the L ensor. 11. Condemnation. If a condemning authority takes al •f the Property or a portion of the Property including the Building, this Agreement shall terminate a °•f the date the title vests in the condemning authority. Licensee may not make any claim for losse :``n any condemnation proceeding involving the Licensed Area. A sale of all or part of the Licensed Are to a purchaser with the power of eminent domain, in the face of the exercise of eminent domain powe shall be treated as taking by condemnation for the purpose of this section. 12. Insurance. (a) Licensee operates a self i gyred program in accordance and subject to the limitations of Section 768.28 of the Florida Statutes. (b) [Licensee acknowled; s that Licensor is not responsible for insuring against the loss of the Licensee Equipment. (c) 13. Licensee's Environm .,ttal Covenants and Indemnit As used in this Agreement, the tetin "Hazardous Materials" shall an any hazardous or toxic substance, material or waste which is, or becomes designated as such in the fu re or is regulated by any agency of the United States Government or by any local governmental autho n `y having jurisdiction, including, without limitation, any substance, material or waste that is defined or .f signated as a hazardous substance pursuant to the Comprehensive Environmental Response, Compensa , n and Liability Act, the Resource Conservation and Recovery Act or the Clean Water Act. Durin_, ' e Term of this Agreement, Licensee shall cause the presence, use, storage and/or disposal of any Hardous Material, on or under the Property and the Licensed Area by Licensee, its agents, employees or c ' tractors to be in compliance with all applicable laws, rules, regulations and orders. Licensee shalt- efend, indemnify, protect and hold Licensor harmless from and against all claims, costs, fines, judg nts and liabilities, including attorney's fees and costs, arising out of or in connection with the presence, ' orage, use or disposal of Hazardous Materials on or under the Property or the Licensed Area caused ..;%the acts, omissions or negligence of Licensee, its agents, employees or contractors. The foregoing indem r°ty shall survive the expiration or earlier termination of this Agreement. 14. Indemnification. 15. Limitation of Liability. 16. Notices. All notices required or permitted under this Agreement shall be in writing and shall be deemed effective upon personal delivery, or three (3) days after being deposited in the U.S. Mail, registered or certified, and postage prepaid, or one (1) day after being deposited with a nationally recognized overnight - 7 - courier service. Such notices shall be addressed to the party at the addresses sho below, or at such other address or addresses as either party shall designate to the other in writing in acc.r dance with this section: As to Licensor: DT Residential South LLC With a copy to: As to Licensee: Attention: Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019 Attention: Carly Saviano s City of Miami - GS 1390 NW 20t Stre Miami, FL 33142 Attention: Dire Or With A copy to: City of Mia c ' — Department of Real Estate and Asset Management 444 SW 2"Ave, 3rd Floor Miami, F. 33130 Attenti.,' Director 17. Inspection. Licensee shall . 'unit Licensor or its agents, upon providing twenty-four (24) hours' notice (except in case of actual o suspected emergency, in which event no notice shall be required, however, Licensor shall endeays; to provide notice to Licensee as soon as reasonably practicable thereafter), which notice may b-.' ade by written request or by e-mail, access the Licensee Equipment and the Licensed Area to (a) insps. ' t the Licensee Equipment and/or the Licensed Area, (b) make technical measurements or tests relate. ' o the Licensee Equipment, (c) perform any obligations of Licensee hereunder which Licensee has faile. to perform or make any other alterations or repairs, (d) assure Licensee's compliance with the term and provisions of this Agreement and with all applicable laws, ordinances, codes, rules and regulations or ,r-) access any breaker or fire alarm panels or other utility boxes and/or systems located in the Licensed Area; ..,'ovided, however, in conducting any inspection or testing of the License Equipment or making any other .iterations or restorations to the Licensed Area, neither Licensor nor its agents shall perform any adjus ents to the Licensee Equipment without Licensee's prior written approval, except as may permitteerein or as may be reasonably necessary due to an emergency. 18. Subo_. s ination. This Agreement shall be subject to and subordinate to any mortgage or deed to secure debt r' ade by Licensor which may now or hereafter encumber the Property where the Licensed Area is located. rf the holder of any such mortgage or deed of trust ("Mortgagee") shall succeed to the rights of Licensor nder this Agreement whether through possession of the Property or foreclosure action or otherw'..e, Licensee agrees to attorn to Mortgagee on the same terms and conditions as set forth herein, in each ase, without further action on the part of any party. Licensee shall execute in timely fashion a sub c' dination, non -disturbance agreement or such instruments as may reasonably be requested to evidence th provisions of this section, subject to an administrative fee of five hundred dollars ($500.00) per strument to be paid to Licensee. -8- SUBSTITUTED 19. Assignments and Sublicenses. (a) Licensee may not assign this Agreement without the prior written co which consent Licensor may withhold in its sole discretion. Licensee shall not be pe or share the Licensee Equipment (except as provided in Section 1 hereof) with thi prior written consent of Licensor, which consent Licensor may withhold in i discretion. ent of Licensor, tted to sublicense parties without the sole but reasonable (b) Licensor shall have the right to freely transfer and assign, io' whole or in part, all of its rights and obligations hereunder and in the Building and no further liabilit shall accrue against Licensor hereunder following any such transfer or assignment. 20. Successors and Assigns. This Agreement shall be binding on and inure to the benefit of the parties, their respective heirs, successors, personal representatives a a peiiuitted assigns. 21. Waiver of Incidental and Conse . uential Dama s es Neither party will assert any claim whatsoever against the other for loss of anticipatory profits • any other indirect, special, incidental or consequential damages incurred by such party arising out of F is Agreement. 22. Compliance with Laws. Licensee shall at all t',r' es, and at its sole cost and expense, promptly comply with all present and future legal requirements, 1 s, ordinances, orders, rules or regulations, permit conditions and requirements of all federal, state, cou and municipal governments, courts, departments, commissions, boards, and offices, or any other bo : exercising functions similar to any of those of the foregoing, which may be applicable to Licensee's e of the Licensed Area, or any part thereof, including, without limiting the generality of the forego i n'_, legal requirements, laws, ordinances, orders, rules, regulations and permit conditions pertaining t pollution, environmental protection, air quality and water quality. Licensee shall procure, at its owexpense, all applicable permits and licenses required in connection with Licensee's use of the Lice ed Area. 23. Certifications. Licensor may ! `quest that Licensee certify information to a current or prospective mortgagee or prospective purchaser. uch certification shall be transmitted by Licensee within ten (10) days after receipt of written reque.' and may be relied upon by Licensor and any such mortgagee or purchaser, and the contents of the ertificate shall be binding upon Licensee. The certificate may include, without limitation, (i) the val.]. < `ty, force and effect of this Agreement; (ii) the extent to which this Agreement has been supplem ted or amended; (iii) the existence of any default; (iv) the existence of any offsets, counterclaims or def ses; (v) the commencement and expiration dates of the Term, (vi) the amount of- any -prepaid -sums, -if-a i.licable;- and _(_vii)_any _other matter _as_may reasonably_ be_ requested Such certification is subject tofive hundred dollar ($500.00) administrative fee to be paid to Licensee for the production and executi for each such certification. 24. Miscellan (a) , ' ach party in any litigation arising hereunder shall be responsible for their own attorney' s fees and cou osts, including appeals, if any. (b) This Agreement constitutes the entire agreement and understanding of Licensor and License with respect to the subject matter of this option and rooftop lease, and supersedes all offers, negoti ions and other agreements. There are no representations or understandings of any kind not set forth here' . No other contract, oral or otherwise, regarding the subject matter of this Agreement shall be deemed to ist or bind any of the parties hereto. Any amendments to this Agreement must be in writing and e 'ecuted by Licensor and Licensee. -9- (c) Neither Licensor nor Licensee is represented by a broker in this tran ,- ction and each party shall hold the other party harmless from any claims for commission by any broker. r e foregoing provision shall survive the expiration or earlier termination of the Agreement. (d) This Agreement shall be construed in accordance with the la venue for any claim, cause, or action resulting from the terms of this competent jurisdiction in Miami -Dade County, Florida. of the state of Florida. The eement shall be a court of (e) Notwithstanding any provision provided in this A. ement to the contrary, Licensee acknowledges that this Agreement shall not be construed in any ma .e`er to transfer to Licensee an interest in real estate. (f) If any term of this Agreement is found to be voor invalid, such invalidity shall not affect the remaining terms of this Agreement, which shall continue full force and effect. (g) This Agreement may be executed in tw or more counterparts, all of which shall be considered one and the same agreement and shall beco e effective when one or more counterparts have been signed by each of the parties, it being understoo .>'hat all parties need not sign the same counterpart. The parties agree that a scanned or electronically rroduced copy or image of this Agreement shall be deemed an original. The parties shall be entitleo sign and transmit an electronic signature on this Agreement (whether by facsimile, PDF or other ail transmission), which signature shall be binding on the party whose name is contained therein. Any .arty providing an electronic signature agrees to promptly execute and deliver to the other parties an on y `nal signed Agreement upon request. (h) The Licensee is entering o this Agreement in its proprietary capacity and does not hereby grant or waive any of its rights as a soveign entity, , . The Licensee reserves its privileges and does not waive its protection afforded to it by S ton 768.28 of the Florida Statutes or other applicable laws. IGNATURE PAGES FOLLOWING) - 10 - SUBSTITUTED IN WITNESS WHEREOF, the parties hereto have executed this Agreement as the date first written above. LICENSOR: WITNESS: DT Residential South LLC, r Delaware limited liability company Print Name Print Name By: _ Print Name: Title: Date: ATTEST: LICENSEE: CITY OF MIAMI, a municipal corporation of the State of Florida By: By: Todd B. Hannon Arthur Noriega V City Clerk City Manager APPROVED AS TO <' SURANCE APPROVED AS TO LEGAL FORM & REQUIREMENTS• ' CORRECTNESS: By: By: Ann- Ris arie Sharpe, Director anagement Department Victoria Mendez City Attorney SUBSTITUTED EXHIBIT "A" Description of the Property SOUTH TOWER PROPERTY LEGAL D CRIPTION Residential South Eleme R S-G2 (Residential South Ground 2): A portion of TRACT C, FLAGLER GRAN CENTRAL STA j'ON, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Record . `.f Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT , thence South 89°53'38" East along the South boundary of said TRACT C, a distance of 35.91 feet; t .rnce North 00°06'22" East, a distance of 564.65 feet to the POINT OF BEGINNING; thence North 00''' 1'49" West, for a distance of 7.07 feet to the point of curvature, concave to the Southeast, having as it : lements a radius of 169.86 feet and a central angle of 17°31'34", a radial line through said point bear orth 41 °16'53" West; thence Northeasterly along said curve, for an arc distance of 51.96 feet to a poin f non -tangency; thence South 00°11'49" East, a distance of 20.61 feet; thence North 89°48' 11" `` ast, a distance of 16.19 feet; thence South 00°11'49" East, a distance of 14.12 feet; thence South 8°'48' 11" West, a distance of 59.92 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically exuded from the aforesaid parcel is the portion thereof lying above a horizontal plane at elevation 32.s 0 feet (North American Vertical Datum of 1988). And R S-G3 (Residential South Groun i;" ): A portion of TRACT C, FLAGLE GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Pa 41, of the Public Records of Miami -Dade County, Florida, being more particularly described as follow COMMENCE at the Southw- corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, distance of 29.40 feet; thence North 00°06'22" West, a distance of 440.12 feet to the POINT OF BE f" NNING; thence North 00°11'49" West, a distance of 34.50 feet; thence North 89°48' 11" East, a distan of 9.92 feet; thence South 00°11'49" East, a distance of 28.83 feet; thence North 89°48' 11" East, distance of 29.17 feet; thence North 00°11'49" West, a distance of 38.63 feet; thence South 89°48' West, a distance of 21.33 feet; thence North 00°11'49" West, a distance of 66.87 feet; thence North °48' 11" East, a distance of 49.33 feet; thence South 00°11'49" East, a distance of 54.85 feet; thence ' orth 89°48' 11" East, a distance of 46.90 feet; thence South 00°11'49" East, a distance of 8.17 feet; the f e North 89°48' 11" East, a distance of 42.05 feet; thence South 00°11'49" East, a distance of 56 .' 5 feet. thence South 89°48' 11" West, a distance of 19.33 feet; thence North 00°11'49" West, a dist.,, ce of 14.54 feet; thence South 89°48' 11" West, a distance of 17.92 feet; thence South 00°11'49" ast, a distance of 18.06 feet; thence South 89°48' 11" West, a distance of 5.52 feet; thence South 00 1'49" East, a distance of 27.23 feet; thence South 89°48' 11" West, a distance of 22.66 feet; thence •.uth 00°11'49" East, a distance of 5.25 feet; thence South 89°48' 11" West, a distance of 12.75 feet; t ence North 00°11'49" West, a distance of 25.16 feet; thence North 89°48' 11" East, a distance of 7.08 eet; thence North 00°11'49" West, a distance of 6.59 feet; thence North 89°48' 11" East, a distance of >.33 feet; thence North 00°11'49" West, a distance of 7.78 feet; thence South 89°48' 1 l" West, a tance of 16.75 feet; thence North 00°11'49" West, a distance of 32.04 feet; thence South 89°48' 11" est, a distance of 6.25 feet; thence South 00°11'49" East, a distance of 15.00 feet; thence South 89°48' 11" West, a distance of 12.58 feet; thence South 00°11'49" East, a distance of 31.42 feet; thence South 89°48' 11" West, a distance of 14.12 feet; thence North 00°11'49" West, a distance of 16.00 feet; thence South 89°48' 11" West, a distance of 10.87 feet; thence North 00°11'49" West, a distance of 2.83 feet; thence South 89°48' 11" West, a distance of 29.75 feet to the POINT OF BEGINNING. LESS AND EXCEPT and specifically excluded from the aforesaid parcel is the portion thereof lying -2- W 1- above a horizontal plane at elevation 32.00 feet (North American Vertical Datum of 1988). And R S-G4 (Residential South Ground 4): A portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the . at thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade Coun Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'3:;' East along the South boundary of said TRACT C, a distance of 29.38 feet; thence North 00°06'22" '. st, a distance of 402.58 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distan of 12.71 feet; thence North 89°48' 11" East, a distance of 10.14 feet; thence South 00°11'49" East, a di nee of 12.71 feet; thence South 89°48'11" West, a distance of 10.14 feet to the POINT OF BEG +ING. LESS AND EXCEPT and specifically excluded from the aforesaid par %--l•is the portion thereof lying above a horizontal plane at elevation 32.00 feet (North American Ver cal Datum of 1988). And R S-G5 (Residential South Ground 5): A portion of TRACT C, FLAGLER GRAN CENTRAL STATIf , according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records •„ Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; :' ence South 89°53'38" East along the South boundary of said TRACT C, a distance of 84.81 feet; th-., ce North 00°06'22" East, a distance of 283.57 feet to the POINT OF BEGINNING; thence North 00° '49" West, a distance of 27.67 feet; thence North 89°48' 11" East, a distance of 14.29 feet; thence Sout r 00°11'49" East, a distance of 27.00 feet; thence South 89°48' 11" West, a distance of 4.79 feet; the : e South 00°11'49" East, a distance of 0.67 feet; thence South 89°48' 11" West, a distance of 9.50 ' et to the POINT OF BEGINNING. LESS AND EXCEPT and specifically exclude. rom the aforesaid parcel is the portion thereof lying above a horizontal plane at elevation 32.00 fe (North American Vertical Datum of 1988). And R S-Ml (Residential South Mezzanine A parcel being a portion of TRACT C, . ' AGLER GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, :: t Page 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a hori tal plane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper b►,,,• ndary a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the pe '` etrical boundaries of which are more particularly described as follows: COMMENCE at the Southwes.:`corner of said TRACT C; thence South 89°53'38" East along the South boundary of said TRACT C, distance of 120.93 feet; thence North 00°06'22" East, a distance of 401.85 feet to the POINT OF BE ,' ING; thence North 00°11'49" West, a distance of 12.42 feet; thence North 89°48' 11" East, a distanc of 12.17 feet; thence North 00°11'49" West, a distance of 6.42 feet; thence North 89°48' 11" East, .,'distance of 9.83 feet; thence South 00°11'49" East, a distance of 18.83 feet; thence South 89°48' 1 West, a distance of 22.00 feet to the POINT OF BEGINNING. And R S-M3 (Reside A parcel being thereof, as rec having as its of 1988) a Vertical COM boun fee al South Mezzanine 3): ortion of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat ded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, ower boundary a horizontal plane at elevation 32.00 feet (North American Vertical Datum having as its upper boundary a horizontal plane at elevation 86.00 feet (North American atum of 1988), the perimetrical boundaries of which are more particularly described as follows: NCE at the Southwest corner of said TRACT C; thence South 89°53'38" East along the South ry of said TRACT C, a distance of 77.90 feet; thence North 00°06'22" East, a distance of 482.51 o the POINT OF BEGINNING; thence North 00°11'49" West, a distance of 7.93 feet; thence South 8 •'' 48' 11" West, a distance of 7.96 feet; thence North 00°11'49" West, a distance of 61.08 feet; thence orth 89°48' 11" East, a distance of 26.33 feet; thence South 00°11'49" East, a distance of 69.01 feet; -3- thence South 89°48' 11" West, a distance of 18.37 feet to the POINT OF BEGINNING. And R S-M4 (Residential South Mezzanine 4): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, according t• ;"' e plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade Coue, , Florida, having as its lower boundary a horizontal plane at elevation 32.00 feet (North American V= ical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet (No .' American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly d ribed as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" E. along the South boundary of said TRACT C, a distance of 75.74 feet; thence North 00°06'22" East, r.' distance of 421.53 feet to the POINT OF BEGINNING; thence North 00°11'49" West, a distance of:.`9.00 feet; thence North 89°48'11" East, a distance of 8.51 feet; thence South 00°11'49" East, a distanc ;rf 19.00 feet; thence South 89°48'l 1" West, a distance of 8.51 feet to the POINT OF BEGINNIN And R S-M5 (Residential South Mezzanine 5): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL ATION, according to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Rec•, s of Miami -Dade County, Florida, having as its lower boundary a horizontal plane at elevation 32.00 t'-et (North American Vertical Datum of 1988) and having as its upper boundary a horizontal plane at-.a'evation 46.04 feet (North American Vertical Datum of 1988), the perimetrical boundaries of whic e more particularly described as follows: COMMENCE at the Southwest corner of said TRACT C; t .`; ce South 89°53'38" East, along the South boundary of said TRACT C, a distance of 120.89 feet; the e North 00°06'22" East, a distance of 419.15 feet to the POINT OF BEGINNING; thence North 00° 1 49" West, a distance of 7.44 feet; thence North 89°48' 11" East, a distance of 4.79 feet; thence South O11'49" East, a distance of 7.44 feet; thence South 89°48' 11" West, a distance of 4.79 feet to the 'DINT OF BEGINNING. And R S-M6 (Residential South Mezzanine 6): A parcel being a portion of TRACT C, FLAG ;: ` R GRAN CENTRAL STATION, according to the plat thereof, as recorded in Plat Book 170, at Pa 41, of the Public Records of Miami -Dade County, Florida, having as its lower boundary a horizontal ane at elevation 32.00 feet (North American Vertical Datum of 1988) and having as its upper bound a horizontal plane at elevation 86.00 feet (North American Vertical Datum of 1988), the perime ' ' `al boundaries of which are more particularly described as follows: COMMENCE at the Southwest co r of said TRACT C; thence South 89°53'38" East, along the South boundary of said TRACT C, a dis nce of 120.78 feet; thence North 00°06'22" East, a distance of 436.18 feet to the POINT OF BEGINN G; thence North 00°11'49" West, a distance of 34.17 feet; thence North 89°48' 11" East, a distance of '1.32 feet; thence South 00°11'49" East, a distance of 34,17 feet; thence South 89°48' 11" West, a di:; ance of 19.32 feet to the POINT OF BEGJNNING. And R S-P4 (Residential S s 'th Platform 4): A parcel being a port',:: of TRACT C, FLAGLER GRAN CENTRAL STATION, according to the plat thereof, as recorder: n Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, having as its low boundary a horizontal plane at elevation 46.04 feet (North American Vertical Datum of 1988) and h ing as its upper boundary a horizontal plane at elevation 86.00 feet (North American Vertical Da x` of 1988), the perimetrical boundaries of which are more particularly described as follows: COMMEN(' at the Southwest corner of said TRACT C; thence South 89°53'38" East, along the South boundary f said TRACT C, a distance of 120.86 feet; thence North 00°06'22" East, a distance of 423.91 feet to e POINT OF BEGINNING; thence North 00°11'49" West, a distance of 4.69 feet; thence North 89°4 11" East, a distance of 5.30 feet; thence South 00°11'49" East, a distance of 4.69 feet; thence So 89°48' 11" West, a distance of 5.30 feet to the POINT OF BEGINNING. d S-P5 (Residential South Platform 5): - 4 - SUBSTITUTED A parcel being a portion of TRACT C, FLAGLER GRAN CENTRAL STATION, accordin to the plat thereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade C ` nty, Florida, having as its lower boundary a horizontal plane at elevation 46.04 feet (North American '' ertical Datum of 1988) and having as its upper boundary a horizontal plane at elevation 86.00 feet ,rth American Vertical Datum of 1988), the perimetrical boundaries of which are more particularly escribed as follows: COMMENCE at the Southwest corner of said TRACT C; thence South 89°53'38" st, along the South boundary of said TRACT C, a distance of 66.98 feet; thence North 00°06'22" Ea a distance of 283.48 feet to the POINT OF BEGINNING; thence North 00° 11'49" West, a distance 16.50 feet; thence North 89°48' 11" East, a distance of 11.61 feet; thence South 00°11'49" East, a dist..,jce of 16.50 feet; thence South 89°48' 11" West, a distance of 11.61 feet; to the POINT OF BEG G. And R S-T1 (Residential South Tower 1): A parcel being a portion of TRACT C, FLAGLER GRAN CENTRA thereof, as recorded in Plat Book 170, at Page 41, of the Public Rec having as its lower boundary a horizontal plane at elevation 86.00 of 1988) and having as its upper boundary a horizontal plane at Vertical Datum of 1988), the perimetrical boundaries of whic COMMENCE at the Southwest corner of said TRACT C; th boundary of said TRACT C, a distance of 157.90 feet; the TRACT C, North 00°34'55" West, a distance of 115.02 f continue along the West boundary of said TRACT C N the point of intersection with a curve concave to the feet and a central angle of 17°23'20", a radial line t Northeasterly, along said curve, for an arc distant of 64.31 feet; thence North 00° 11'49" West, a d' curve concave to the Southeast, having as its 10°42'51", a radial line through said point b curve, and along the Northerly boundary o compound curvature with a curve conca and a central angle of 09°30'46"; thenc to a point of non -tangency with a lin of 14.89 feet; thence South 00°00'5 distance of 18.61 feet; thence So West, a distance of 188.98 feet And R S-T2 (Residential Sout A- parcel -being -a- portion thereof, as recorded in having as its lower bo of 1988) and havin Vertical Datum o COMMENCE a boundary of s TRACT C, continue a thence N feet; t And R 3 (Residential South Tower 3): arcel being a portion of TRACT C 1, FLAGLER GRAN CENTRAL STATION, according to the plat ereof, as recorded in Plat Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, TATION, according to the plat ds of Miami -Dade County, Florida, et (North American Vertical Datum vation 161.75 feet (North American re more particularly described as follows: ce North 00°00'47" West along the West e continuing along the West boundary of said to the POINT OF BEGINNING; thence th 00°34'55" West, a distance of 248.71 feet to theast, having as its elements a radius of 165.67 ugh said point bears North 64°51'29" West; thence of 50.28 feet; thence North 89°48' 11" East, a distance ance of 43.00 feet to the point of intersection with a ments a radius of 165.67 feet and a central angle of rs North 20°27'51" West; thence Northeasterly along said said TRACT C, for an arc distance of 30.98 feet to a point of to the Southeast, having as its elements a radius of 211.41 feet ortheasterly along said curve, for an arc distance of 35.10 feet thence North 89°57'46" East along said non -tangent line, a distance ' West, a distance of 4.38 feet; thence North 89°57'46" East, a 00°11'49" East, a distance of 339.63 feet; thence South 89°48'11" the POINT OF BEGINNING. ower 2): TRACT,-FLAGLER GRANCENTRAL -STATION, -according to- the _plat at Book 170, at Page 41, of the Public Records of Miami -Dade County, Florida, dary a horizontal plane at elevation 161.75 feet (North American Vertical Datum s its upper boundary a horizontal plane at elevation 516.83 feet (North American 988), the perimetrical boundaries of which are more particularly described as follows: e Southwest corner of said TRACT C; thence North 00°00'47" West, along the West TRACT C, a distance of 157.90 feet; thence continuing along the West boundary of said rth 00°34'55" West, a distance of 224.06 feet to the POINT OF BEGINNING; thence ng the West boundary of said TRACT C North 00°34'55" West a distance of 100.00 feet; rth 89°48'11" East, a distance of 190.39 feet; thence South 00°11'49" East, a distance of 100.00 ce South 89°48'11" West, a distance of 189.72 feet to the POINT OF BEGINNING. -5- SUBSTITUTED having as its lower boundary a horizontal plane at elevation 119.00 feet (North American of 1988) and having as its upper boundary a horizontal plane at elevation 157.08 feet (N Vertical Datum of 1988), the perimetrical boundaries of which are more particularly d COMMENCE at the most Northwesterly corner of said TRACT Cl; thence North 89 the North boundary of said TRACT Cl, a distance of 5.24 feet to the POINT OF B continuing along the North boundary of said TRACT Cl, North 89°48'11" Eas to the point of intersection with a curve concave to the Southeast, having as its 187.33 feet and a central angle of 07°04'40", a radial line through said point b thence Southwesterly, along said curve, for an arc distance of 23.14 feet; th distance of 5.68 feet to the POINT OF BEGINNING. -6- rtical Datum h American ribed as follows: 8'11" East along INNING; thence istance of 22.42 feet ments a radius of rs North 10°51'50" West; ce North 00°11'49" West, a SUBSTITUTED EXHIBIT "B" Description of the Licensed Area Roof [TO BE ATTACHED] -7- 4. a , ��f _ 11 —8— EXHIBIT "C" List of Licensee Equipment Communication equipment (i.e., Bi-Directional Amplifier, Distributed Antenna Sy em and Radio Frequency equipment) for first responders - 9 - 0 W H I-- m n cn