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HomeMy WebLinkAboutExhibit B SUBTHIS ITEM IS A SUBSTITUTION. THE ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. This instrument prepared by and after recording return to: Javier E. Fernandez, Esq. SMGQ Law 201 Alhambra Circle, Ste. 1205 Coral Gables, FL 33134 DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MIAMI, FLORIDA AND COCONUT GROVE CONDO, LLC REGARDING THE DEVELOPMENT OF ZIGGURAT MIXED -USE PROJECT AND RELATED PUBLIC IMPROVEMENTS WITH THE PRINCIPAL ADDRESS OF 3101 GRAND AVENUE, MIAMI, FL. THIS AGREEMENT is entered into the day of , 2025, by and between COCONUT GROVE CONDO, LLC, a Delaware limited liability company ("Developer") and the CITY OF MIAMI, FLORIDA, a municipal corporation and subdivision of the State of Florida ("City") (the Developer and the City together referred as the"Parties"). WITNESSETH: WHEREAS, Owners (as described hereinbelow) have amassed property totaling approximately 72,300 sq. ft. (1.66 acres +/-) of land within the Coconut Grove neighborhood of the City bounded by Grand Avenue on the South, Florida Avenue on the North, and Matilda Street on the East, which property is described in the attached and incorporated Exhibit A; and WHEREAS, Owners through Developer propose to construct a mixed -use project, which project shall be comprised of an Office Building, a 19-unit for -sale condominium residential building, both with ground floor retail and supported by underground parking, to be known as the Ziggurat (hereinafter, the "Project"); and WHEREAS, Developer and City wish to collaborate to execute certain Public Improvements to the City Property that will enhance the quality of the neighborhood's amenities. NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter contained, the Parties mutually agree and bind themselves as set forth herein: Section 1. Consideration. The Parties hereby agree that the consideration and obligations recited and provided for under this Agreement constitute substantial benefits to both Parties and thus adequate consideration for this Agreement. Section 2. provided: Rules of Construction. For all purposes of the Agreement, unless otherwise expressly (a) A defined term has the meaning ascribed to it; (b) Words in the singular include the plural, and words in the plural include the singular; 1 FILE NO. 18486 EXHIBIT B SUB (c) A pronoun in one gender includes and applies to other genders as well; (d) The terms "hereunder," "herein," "hereof," "hereto," and such other terms shall refer to the instant Agreement in its entirety and not to individual sections or articles; (e) The Parties hereto agree that this Agreement shall not be more strictly construed against either the City or Owner, as all Parties are drafters of this Agreement; and (f) The recitals are true and correct and are incorporated into and made part of this Agreement. The attached exhibits shall be deemed adopted and incorporated into the Agreement; provided, however, that this Agreement shall be deemed to control in the event of any conflict between the attachments and this Agreement. Section 3. Definitions. Capitalized terms which are not specifically defined herein shall have the meaning given in Ordinance No. 13114, the Zoning Ordinance of the City of Miami, Florida, as amended ("Miami 21 Code") or the Code of the City of Miami, Florida, as amended ("Code" or "City Code"). "Agreement" means this Agreement between the City and Owner. "BID" refers to the Coconut Grove Business Improvement District, a semi -autonomous board of the City. "City" means the City of Miami, Florida, a municipal corporation and political subdivisions of the State of Florida, and all departments, agencies, and instrumentalities subject to the jurisdiction thereof. "City Contribution" shall have the meaning ascribed to this term in Section 11(c) of this Agreement. "City Park" means the city park commonly referred to as "Kirk Munroe Park" and identified as 3120 and 3152 Oak Avenue, Miami, Florida (Folio Nos. 01-4121-032-0009 and 01-4121-032-0010) and comprised of Lots 1, 2, 3, 4, 19, 20, 21, 22, 23, & 24 and Lots 5 & 6, less the North 5 feet for right-of-way of Block 1, Charles H. Frow Subdivision, as recorded in Plat Book 13, Page 53, Public Records of Miami -Dade County, Florida "City Property" means the: (i) the City Park; (ii) the public right-of-way known as "Fuller Street" located between Main Highway and Grand Avenue; and (iii) portions of the following City rights -of -way from the center line to the base building line: (a) the eastern portion of the Matilda Street between Grand and Oak Avenues; (b) the southern portion of Oak Avenue from Matilda Street to the western boundary of the Park; and (c) the northern portion of Florida Avenue from Matilda Street to the western boundary of the Park. "Code" means the City Charter and Code of the City of Miami, Florida, as amended. "Comprehensive Plan" means the comprehensive plan known as the Miami Comprehensive Neighborhood Plan, adopted by the City pursuant to Chapter 163, Florida Statutes (2025), meeting the requirements of Section 163.3177, Florida Statutes (2025), Section 163.3178, Florida Statutes (2025). 2 "Developer" means Coconut Grove Condo, LLC a Delaware limited liability company. "Developer Contribution" shall have the meaning ascribed to this term in Section 11(c) of this Agreement. "Development Management Agreement" shall have the meaning ascribed to this term in Section 11(e) of this Agreement. "DOSP" or "MPA" means the City's Department of Off -Street Parking also known as the Miami Parking Authority. "Effective Date" means the date of recordation of this executed Agreement in the public records of Miami -Dade County, Florida. "Existing Zoning" means (a) Miami 21 Code; and (b) laws and policies of the City that regulate any aspect of development and includes any local government zoning, rezoning, subdivision, building construction, or sign regulations or any other regulations controlling the development of land, including those provision related to the development of land in Chapters 10, 23, 35, 36, 54, 55, and 62 of the Code, as amended, through the Effective Date, which together comprise the effective land development regulations governing the development of the property. "Fuller Street Improvements" shall have the meaning ascribed to the term in Section 11(b) of this Agreement. "Land" means the earth, water, and air, above, below, or on the surface and includes any improvements or structures customarily regarded as land. "Laws" means all ordinances, resolutions, regulations, comprehensive plans, development regulations, and rules adopted by a local government affecting the development of land. "Owner(s)" means AYME Properties, LLC, a Florida limited liability company (hereinafter, "AYME"), AYME Florida Avenue Properties, LLC, a Florida limited liability company ("AYME Florida"), and 3101 Grove Trustee, LLC, a Delaware limited liability company, both individually and collectively. "Park Improvements" the term shall have the meaning ascribed to the term in Section 11(a) of the Agreement. "Parties" means the Developer and the City, both of whom are signatories to the Agreement. "Project" shall have the meaning ascribed in the Recitals. "Property" means the parcels more specifically described in Exhibit A to this Agreement and which is more commonly referred to as 3101 & 3131 Grand Avenue and 3100, 3104, 3114, 3124, 3150 & 3158 Florida Avenue, all located within the City of Miami, Florida. "Public Facilities" means major capital improvements, including, but not limited to, transportation, sanitary sewer, solid waste, drainage, potable water, educational, parks and recreational, streets, parking, and health systems and facilities. 3 "Public Improvements" means the improvements to the City Property, inclusive of the Park Improvements and Fuller Street Improvements, to be designed and constructed by Developer for the benefit of the City and jointly financed with contributions from the Parties consistent with the terms set forth hereinbelow. "Public Improvements Contribution" means the sum of the City Contribution and the Developer Contribution. "Public Improvements Cost Estimate" shall have the meaning ascribed to the term in Section 11(c) of the Agreement. "Revised Public Improvements Cost Estimate" shall have the meaning ascribed to the term in Section 11(c) of this Agreement. "Term" means the duration of this Agreement which shall commence on the Effective Date and continue in force for 30 years thereafter, or expiration or termination of the same, consistent with the authority provided pursuant to s. 163.3229, Florida Statutes (2025). Section 4. Purpose. The purpose of this Agreement is for the City to authorize Developer to redevelop the Property pursuant to the terms of the Miami 21 Code and the City Code and enlist the Developer's assistance with the design, construction and financing of the Public Improvements adjacent to Owner's property. This Agreement will establish, as of the Effective Date of this Agreement, the land development regulations that will govern the development of the Property and design, construction and financing of the Public Improvements, thereby providing the Parties with additional certainty during the development process. Section 5. Intent. Developer and City intend for this Agreement to be construed and implemented so as to effectuate the purpose of the Comprehensive Plan, Existing Zoning, and the Florida Local Government Development Agreement Ad, s. 163.3220 —163.3243, Florida Statutes (2025). Section 6. Applicability. This Agreement only applies to the Property described in Exhibit A. Section 7. Term of Agreement, Effective Date and Binding Effect. This Agreement shall be for a minimum term of thirty (30) years from the Effective Date and shall be recorded in the public records of Miami -Dade County with a recorded copy filed with the City Clerk. The Term may be extended by mutual consent of the Parties subject to public hearing(s), pursuant to the authority granted in s. 163.3229, Florida Statutes (2025), and consistent with the hearing requirements set forth in s. 163.3225, Florida Statutes (2025). The Agreement shall become effective on the Effective Date and shall constitute a covenant running with the land that shall be binding upon, and inure to the benefit of, the Parties, their successors, assigns, heirs, legal representatives, and personal representatives. 4 Section 8. Permitted Development Uses and Building Intensities. (a) Density, Intensity, Uses, and Building Heights. (1) As of the Effective Date, the intensity, Uses, and Building Heights proposed for the Project are consistent with the intensities, Uses, and Building Heights permitted by the Existing Zoning and the Comprehensive Plan. (2) Nothing herein shall prohibit the Developer from soliciting a change of zoning, pursuant to the requirements of Article 7 of Miami 21, to increase the density or intensity of development permitted on the Property, as long as such increase in density or intensity is consistent with the Comprehensive Plan and the procedures established in Miami 21 as they exist on the Effective Date. (3) Nothing herein shall prohibit the Developer from requesting approval of a qualifying project on the Property pursuant to the Section 166.04151, Florida Statutes (2025) (the "Live Local Ad"), as the same may be amended from time to time. (b) Environmental. The Developer shall be required to comply with the requirements of Chapter 17 of the City Code, subject to the modifications set forth herein, by performing tree replacement within the BID and within the City Park where possible. (1) Off -site replacement trees. Notwithstanding the requirements of Sec. 17-6.(e), Code, where replacement within the Property is not reasonably feasible, Developer may enter into an agreement with the City to perform tree replacement on public property in the following order of priority: (i) within City Park; (ii) on Fuller Street between Main Highway and Grand Avenue; (iii) within the boundaries of the BID; (iv) within one (1) mile of the boundaries of the BID; or (v) within any City -owned park. The City further agrees to facilitate the permitting and planting of replacement trees on all publicly -owned property within the aforementioned areas and within City parks. Should Developer undertake any tree replacement off -site for the Property, it shall agree to, or make arrangements for the provision, of water, trim, root, prune, brace, or undertake any other necessary maintenance as may be required for by the Department of Resilience & Public Works and/or the Division Environmental Resources for a period of not greater than one hundred eighty (180) days following installation. Developer shall further warrant every off -site replacement tree for a period of one (1) year following the date of installation. (2) Tree installation, maintenance and guarantee. For all trees placed at the Property or its abutting right-of-way, Developer shall install any needed irrigation and corresponding water meters required to support the growth of the right-of-way trees. Developer shall water, trim, root, prune, brace or undertake any other necessary maintenance as may be required for such trees located within the boundaries of the BID and shall warrant such trees for a period of one (1) year following installation. (c) Parking Requirements. The Property is located within the boundaries of "Coconut Grove Village Center" described in Sec. 35-221, Code, which area is benefited by the Coconut Grove Parking Trust Fund administered by the Department of Off -Street Parking ("DOSP" or "MPA"). Developer 5 intends to avail itself of the use of parking waiver certificates to satisfy, in part, its off-street parking requirements for the Project. Notwithstanding the language in Sec. 35-221.(e), Code, regarding "food service establishments," parking requirements for Commercial Uses, including Food Service Establishments, shall be calculated at such rate set forth in Miami 21. Further, consistent with the express terms of Sec. 35-224.(4), Code, Developer shall be granted credit for buildings built prior to 1960 demolished to facilitate the Project. Such credit shall be calculated based on the square footage and existing Use(s) for the Building(s) being demolished or at the rate of 2 spaces per each existing off-street parking space on the Property subject to demolition, whichever credit proves greatest. Section 9. Public Facilities. As of the Effective Date, Developer has conducted an analysis of the Public Facilities available to serve the Project. In the event that the Existing Zoning and/or the Comprehensive Plan require Developer to provide Public Facilities to address any deficiencies in required levels of service occasioned solely by future development on the Property, Developer shall provide such Public Facilities consistent with the timing requirements of s. 163.3180, Fla. Stat. (2025), or as otherwise required by Chapter 13, Code, if applicable. Developer shall be bound by the City impact fees and assessments in existence as of the Effective Date of this Agreement. See Section 11 regarding Public Improvements. Section 10. Project Approval. (a) Future Development Review. Future development on Property shall proceed pursuant to and in accordance with the processes and standards established in the Miami 21 Code and the City Code. (b) Prohibition on Downzoning. i. The Comprehensive Plan, the Existing Zoning, and this Agreement shall govern the development of the Property for the duration of this Agreement. The City's laws and policies adopted after the Effective Date may be applied to the Property only if the determinations required by s. 163.3233.(2), Florida Statutes (2025), have been made following a public hearing or as otherwise provided herein. ii. Pursuant to s. 163.3233.(3), Florida Statutes (2025), this prohibition on downsizing supplements, rather than supplants, any rights that may vest to Developer under Florida or Federal law. As a result, Developer may challenge any subsequently adopted changes to the land development regulations based on (a) common law principles including, but not limited to equitable estoppel and vested rights, or (b) statutory rights which may accrue by virtue of Chapter 70, Florida Statutes (2025). Section 11. Public Improvements. In order to foster an enhanced aesthetic and quality of life enhancements in the area surrounding the Project, Developer, for it and the City's mutual benefit, has agreed to assume responsibility for the design and construction of the Public Improvements with said improvements to be financed with contributions by the City and Developer in accordance with the terms herein. (a) City Park Improvements. Developer has proposed a series of enhancements to the public park, which include, but are not limited to, the following: (i) resurfacing, 6 striping, and fencing of public tennis courts; (ii) reconstruction of the hitting wall; (iii) exterior improvements to the existing tennis center building; (iv) construction of a new children s play area; (v) improvements to public spaces, including: installation and replacement of turf; installation of wood decking below banyan tree in southeast corner of the park; landscaping and installation of water features throughout park; and (vi) installation of decorative perimeter fending (collectively, the "Park Improvements"). Developer's conceptual plan for the park improvements is attached hereto as Exhibit B. Developer shall work with resident stakeholders and organizations to finalize a design for the Kirk Munroe Park portion of Public Improvements, which final design plan shall be approved by the City Commission. Fuller Street Improvements. Developer has proposed a series of improvements to the Fuller Street between Main Highway and Grand Avenue, which include, but are not limited to, the following: (i) installation of decorative pavers; (ii) landscaping; (iii) specimen trees; (iv) signage; and (v) other decorative elements. Developer's conceptual plan for the park improvements is attached hereto as Exhibit C. Developer shall work with the BID, local business owners, and resident stakeholders to finalize the design for the Fuller Street portion of the Public Improvements, which final design shall be approved by both the BID and City Commission. Financing of Public Improvements. Developer and City have agreed to jointly underwrite the cost of Public Improvements. The Parties estimate the total cost of the Public Improvements at Five Million 00/100 Dollars ($5,000,000.00) (the "Public Improvements Cost Estimate"). The City shall commit the sum of Three Million and 00/100 Dollars ($3,000,000.00) to the Public Improvements (hereinafter, the "City Contribution"). Developer shall commit the following: (i) a Two Million and 00/100 ($2,000,000.00) cash contribution to the Public Improvements; and (ii) the sum of any credits received by Developer from the City against any payment obligations owing to the City pursuant to Sec. 10-18 and Sec. 13-12, City Code, for the Project, which credited fees shall supplement the aforementioned cash contribution by Developer) (together, the "Developer Contribution"). The sum of the City Contribution and Developer Contribution, as the same may be modified consistent with provisions hereinafter, shall constitute the "Public Improvements Contribution." Following completion of the design and permitting of the Public Improvements, Developer shall present to City a revised Public Improvements Cost Estimate (the "Revised Public Improvements Cost Estimate"). Should the Revised Public Improvements Cost Estimate exceed the Public Improvements Cost Estimate, the Parties shall underwrite the difference in their proportionate share, which additional Developer Contribution and City Contribution shall require the mutual agreement of the Parties and, in the case of the City Contribution, be subject to budget & appropriation by the City Commission. In the event the City or Developer are unwilling or unable to fund their proportionate share of the difference between the Revised Public Improvements Cost Estimate and the Public Improvements Cost Estimate, Developer shall prioritize the use of the Public Improvements Contribution towards the completion of the City Park Improvements. Developer shall agree to (d) (e) (f) underwrite any costs incurred in excess of the Revised Public Improvements Cost Estimate (the "Cost Overruns"). Competitive Solicitations for Design and Construction of Public Improvements. Pursuant to the terms of Sec. 287.055(2)(b), Florida Statutes (2025), known as the Competitive Consultants Negotiation Act ("CCNA"), the term "Agency" does not extend to a non -governmental developer that contributes public facilities to a political subdivision under the Florida Local Government Development Agreement Act. Additionally, in no event shall any portion of the City Contribution be utilized in connedion with the purchase of services contemplated under the CCNA. Accordingly, design services provided in connedion with the design of the Public Improvements shall not be subject to the CCNA. Further, construction of the Public Improvements by Developer is authorized pursuant to the requirements of Sec. 255.20(c)(10), Florida Statutes (2025), subject to the City Commission's adoption of a resolution approving the bid waiver and authorizing the Development Management Agreement, as such term is defined below, with regard to the construction of the Public Improvements the Project will be awarded to Developer who has engaged the services of a licensed contractor to complete the work. Development Management Agreement. The design and construction of the Public Improvements shall be governed by the terms of a development management agreement (the "Development Management Agreement"). Upon the adoption of this Agreement, the City Manager is authorized to negotiate and execute a Development Management Agreement consistent with the form attached in Exhibit D and in a final form acceptable to the City Attorney for presentation to the City Commission for final review and approval. In the event the Public Improvements are not completed at the time Developer applies for a Certificate of Use for Developer's Project on the Property, Developer shall prior to the issuance of requested Certificate of Use for the Project provide a cash bond to the City in an amount equivalent to the unexpended portion of the Developer Contribution. Section 12. Park Impact Fees. Notwithstanding any provisions in Article I, Chapter 13 of the City Code, in addition to the Developer Contribution, any park impact fees for the Project the City would otherwise collect shall be credited to the Developer to supplement the Developer Contribution of $2,000,000.00 toward the Public Improvements. The Developer shall instead use those funds toward construction of the Public Improvements in addition to the Developer Contribution of $2,000,000.00. Section 13. (a) Local Development Permits. Development of the Property in accordance to Miami 21 and Code is contemplated by Developer. Redevelopment of the Property may require additional permits or approvals from the City, Miami -Dade County, State or Federal government and any division thereof. Subject to required legal process and approvals, the City shall make a good faith effort to take all responsible steps to cooperate with and facilitate all such 8 (b) approvals. Such approvals include, without limitation, the following approvals and permits and any successor or analogous approvals and permits; i. Subdivision plat or waiver of plat approvals; ii. Covenant, unity of title, or covenant -in -lieu of unity of title acceptance or the release of existing unities or covenants; iii. Building permits; iv. Certificates of use and/or occupancy; v. Stormwater permits; and vi. Any other official action of the City, Miami -Dade County, or/and other government agency having the effect of permitting development of the Property. Developer has solicited and procured the approval of a Warrant Special Permit from the City, identified as PZ-25-19525, dated November 13, 2025 (the "Warrant"). Developer intends to construct the Project in substantial accordance with the plans approved by the Warrant. In the event the City substantially modifies its land development regulations regarding site plan approval procedures, authority to approve any plans, buildings, or development on the Property shall be vested solely in the City Manager, with the recommendation of the Planning Director or any other relevant party. Any such site plan shall be approved if it meets the requirements and criteria of the Existing Zoning, the Comprehensive Plan, and the terms of this Agreement. Section 13. Necessity of Complying with Local Regulations Relative to Development Permits. The Parties agree that failure of this Agreement to address a particular permit, condition, fee, term, license, or restriction in effect on the Effective Date shall not relieve Developer of the necessity of complying with the regulation governing said permitting requirements, conditions, fees, terms, licenses, or restrictions. Section 14. (a) (b) Reservation of Development Rights. For the term of this Agreement, the City hereby agrees that it shall permit the development of the Property in accordance with the Existing Zoning, the Comprehensive Plan, and this Agreement. Nothing herein shall prohibit an increase in the density or intensity of development permitted at the Property in a manner consistent with (i) the Existing Zoning and/or the Comprehensive Plan; (ii) any zoning change or other entitlement process subsequently requested or initiated by Developer in accordance with applicable provisions of law; or (iii) any zoning change subsequently enacted by the City. 9 (c) Section 15. (a) (b) (c) The expiration or termination of this Agreement shall not be considered a waiver of, or limitation upon, the rights, including, but not limited to, any claims of vested rights, or equitable estoppel regarding claims arising during the term of this Agreement; and Developer or its successor or assigns may continue development of the Property in conformity with all active development permits or development orders granted by the City. Annual Review. This Agreement shall be reviewed by the City once every 12 months, commencing 12 months after the Effective Date during the Term of this Agreement. The Owner, or Developer, shall submit an annual report to the City not later than 30 days following the anniversary date of the Agreement. The annual report shall contain a section by section description of Owner's, or Developer's, compliance with any obligations under this Agreement. Any information required of Developer during an annual review shall be limited to that necessary to determine the extent to which the Developer is proceeding in good faith to comply with the terms of this Agreement. If the City finds on the basis of competent substantial evidence that Developer has not proceeded in good faith to comply with the terms of the Agreement, the City may terminate or amend this Agreement after providing thirty (30) days written notice to the Developer and following a public hearing held before the City Commission. Section 16. Notices. (a) All notices, demands and requests which may or are required to be given hereunder shall, except as otherwise expressly provided, be in writing and delivered by personal service or sent by United States Registered or Certified Mail, return receipt requested, postage prepaid, or by overnight express delivery, such as Federal Express, to the parties at the addresses listed below. Any notice given pursuant to this Agreement shall be deemed given when received. Any actions required to be taken hereunder which fall on Saturday, Sunday, or United States legal holidays shall be deemed to be performed timely when taken on the succeeding day thereafter which shall not be a Saturday, Sunday or legal holiday. To the City: With a copy to: City Manager City of Miami 3500 Pan American Drive Miami, FL 33133 City Attorney City of Miami Miami Riverside Center 444 S.W. 2nd Avenue, 9th Floor 10 (b) To Developer: Miami, FL 33130 Planning & Zoning Director City of Miami Miami Riverside Center 444 S.W. 2nd Avenue, 9th Floor Miami, FL 33130 Coconut Grove Condo, LLC c/o The Allen Morris Company 121 Alhambra Plaza, Ste. 1600 Coral Gables, FL 33134 Any party to this Agreement may change its notification address(es) by providing written notification to the other party pursuant to the terms and conditions of this section. Section 17. Exclusive Venue, Choice of Law, Specific Performance. It is mutually understood and agreed by the Parties that this Agreement shall be governed by the laws of the State of Florida, and any applicable federal law, both as to the interpretation and performance, and that any action at law, suit in equity or judicial proceedings for the enforcement of this Agreement or any provision hereof shall be instituted only in the courts of the State of Florida or federal courts and venue for any such actions shall lie exclusively in a court of competent jurisdiction in Miami -Dade County. In addition to other legal rights, the Parties shall each have the right to specific performance of this Agreement in court. Each party shall bear its own attorney's fees. Each party waives any defense, whether asserted by motion or pleading, that the aforementioned courts are an improper or inconvenient venue. Moreover, the parties consent to the personal jurisdiction of the aforementioned courts and irrevocably waive any objections to said jurisdiction. The parties irrevocably waive any rights to a jury trial. Section 18. Authorization to Withhold Permits and Inspections. In the event the Developer is obligated to make payments or improvements under the terms of this Agreement or to take or refrain from taking any other action under this Agreement and such obligations are not performed prior to the expiration of any applicable notice and/or cure period, in addition to any other remedies available, the City is hereby authorized to withhold any further permits for the Property and refuse any inspections or grant any approvals with regard to any portion of the Property until such time this Agreement is complied with. This remedy shall be in addition to any other remedy provided for in this Agreement. Section 19. Voluntary Compliance. The Parties agree that in the event all or any part of this Agreement is struck down by judicial proceeding or preempted by legislative action, the Parties shall continue to honor the terms and conditions of this Agreement to the extent allowed by law. Section 20. No Oral Change or Termination. This Agreement and the exhibits and appendices appended hereto and incorporated herein by reference, if any, constitute the entire Agreement between the Parties with respect to the subject matter hereof. This Agreement supersedes any prior agreements or understandings between the Parties with respect to the subject matter hereof, and no change, modification, or discharge hereof in whole or in part shall be effective unless such complies 11 with Florida Statutes and is in writing and signed by the party against whom enforcement of the change, modification or discharge is sought. This Agreement cannot be changed or terminated orally. Section 21. Compliance with Applicable Law. Subject to the terms and conditions of this Agreement, throughout the term of this Agreement, the Parties shall comply with all applicable federal, state, or local laws, regulations, codes, ordinances, resolutions, administrative orders, permits, policies and procedures and orders that govern or relate to the respective Party's obligations and performance under this Agreement, all as they may be amended from time to time. Section 22. Representations; Representatives. Each party represents to the others that this Agreement has been duly authorized, delivered and executed by such party and constitutes the legal, valid and binding obligations of such party, enforceable in accordance with its terms. Section 23. No Exclusive Remedies. No remedy or lection given by any provision in this Agreement shall be deemed exclusive unless expressly so indicated. Wherever possible, the remedies granted hereunder upon a default of the other party shall be cumulative and in addition to all other remedies of law or equity arising from such event of default, except where otherwise expressly provided. Section 24. Failure to Exercise Rights not a Waiver; Waiver Provisions. The failure by either party to promptly exercise any right arising hereunder shall not constitute a waiver of such right unless otherwise expressly provided herein. No waiver or breach of any provision of this Agreement shall constitute a waiver of any subsequent breach of the same or any other provision hereof, and no waiver shall be effective unless made in writing. Section 25. (a) (b) (c) Events of Default. Developer shall be in default under this Agreement if Developer fails to perform or breaches any term(s), covenant(s), or condition(s) of this Agreement which is not cured within thirty (30) days after receipt of written notice from the City specifying the nature of such breach; provided, however, that if such breach cannot be reasonably cured within thirty (30) days, then Developer shall not be in default if it commences to cure such breach within thirty (30) days and diligently prosecutes such cure to completion. The City shall be in default under this Agreement if the City fails to perform or breaches any term, covenant, or condition of this Agreement and such failure is not cured within thirty (30) days after receipt of written notice from Developer specifying the nature of such breach; provided, however, that if such breach cannot be reasonably cured within thirty (30) days, then City shall not be in default if it commences to cure such breach within thirty (30) days and diligently prosecutes such cure to completion. It shall not be a default under this Agreement if either party is declared bankrupt by a court of competent jurisdiction. All rights and obligations in this Agreement shall survive such bankruptcy of either party. The Parties hereby forfeit any right to terminate this Agreement upon the bankruptcy of the other party. (d) The default of a successor or assignee of any portion of Developer's rights hereunder shall not be deemed a breach by Developer. 12 Section 26. Remedies Upon Default. (a) (b) Neither party may terminate this Agreement upon the default of the other party, except as provided otherwise in this Agreement, including but not limited to in Section 16(c) of this Agreement, but shall have all of the remedies enumerated herein. Upon the occurrence of a default by a party to this Agreement not cured within the applicable grace period, Developer and the City agree that any party may seek specific performance of this Agreement, and that seeking specific performance shall not waive any right of such party to also seek monetary damages, injunctive relief, or any other relief other than termination of this Agreement. Section 27. Severability. If any term or provision of this Agreement or the application thereof, shall to any extent, hereafter be determined to be invalid or unenforceable, the remainder of this Agreement or the application other than those as to which it is held invalid or unenforceable shall not be affected thereby and shall continue in full force and effect. Section 28. Assignment & Transfer. This Agreement shall be binding on Developer and its heirs, successors and assigns, including the successor to or assignee of any Property interest. Developer, in its sole discretion, may assign, in whole or in part, this Agreement or any of its rights and obligations hereunder, or may extend the benefits of this Agreement, to any holder of a property interest without the prior written consent of, or any other approval of, the City. Notice of any assignment or transfer shall be provided to the City in accordance with the requirements of Section 17. Any such assignee shall, be in writing in a form acceptable to the City Attorney, assume all applicable rights and obligations under this Agreement, and upon such assumption, the assigning party shall be released from all obligations assumed by such assignee. Section 29. Obligations Surviving Termination Hereof. Notwithstanding and prevailing over any term or provision to the contrary contained herein, in the event of any lawful termination of this Agreement, the following obligations shall survive such termination and continue in full force and effect until the expiration of a one-year term following the earlier of the effective date of such termination or the expiration of the Term: (i) the exclusive venue and choice of law provisions contained herein; (ii) rights of any party arising during or attributable to the period prior to expiration or earlier termination of this Agreement; (iii) the indemnification provision; and (iv) any other term or provision herein which expressly indicates either that it survives the termination or expiration hereof or is or may be applicable or effective beyond the expiration or permitted early termination hereof. Section 30. Lack of Agency Relationship. Nothing contained herein shall be construed as establishing an agency relationship between the City and Developer and neither Developer or its employees, agents, contractors, subsidiaries, divisions, affiliates, or guests shall be deemed agents, instrumentalities, employees, or contractors of the City for any purpose hereunder, and the City, its contractors, agents, and employees shall not be deemed contractors, agents, or employees of Developer or their subsidiaries, divisions, or affiliates. Section 31. Cooperation; Expedited Permittin =; Time of the Essence. (a) The Parties agree to cooperate with each other to the full extent practicable pursuant to the terms and conditions of this Agreement. The Parties agree that time is of the essence in all aspects of their respective and mutual responsibilities pursuant to this Agreement. 13 The City shall reasonably cooperate to expedite the permitting and approvals in an effort to assist Developer in achieving its development and construction milestones. The City will accommodate requests from Developer's general contractor and subcontractors for review of phased or multiple permitting packages, such as those for excavation, site work and foundations, building shell, core, and interiors. In addition, the City will designate an individual within the City Manager's office who will have a primary (though not exclusive) duty to serve as the City's point of contact and liaison with Developer in order to expedite the processing and issuance of all permit and license applications and approvals across the various departments and offices of the City which have the authority or right to review and approve all applications for such permits and licenses. (b) Notwithstanding the foregoing, the City shall not be obligated to issue development permits to the extent that Developer does not comply with the applicable requirements of the Existing Zoning, the Comprehensive Plan, this Agreement, and the applicable building codes or regulations. Section 32. Enforcement. (a) If Developer, or its successors or assigns, fails to ad in accordance with the terms of the Existing Zoning or this Agreement, the City shall seek enforcement of said violation upon the subject Property. (b) Enforcement of this Agreement shall be by action against any parties or persons violating, or attempting to violate, any covenants set forth in this Agreement. Each Party shall bear their own attorneys' fees and costs. (c) This enforcement provisions shall be in addition to any other remedies available at law, in equity or both. Section 33. Amendment or Termination by Mutual Consent. This Agreement may not be amended or terminated during its term except by mutual, written agreement of Developer and the City, except as provided otherwise in this Agreement, including but not limited to Section 16(c). Prior to any amendment or termination of this Agreement during its term, the City shall hold two (2) public hearings to consider and deliberate such amendment or termination. Section 34. Third Party Defense_ Developer agrees to indemnify and defend the City from and against any and all claims, suits, appeals, demand, liabilities, and causes of action of any nature by or on behalf of any person, firm or corporation, against the City relating to or arising from this Agreement or relating to or arising from any Development on the Property pursuant to this Agreement and from and against all costs, fees, expenses, liabilities, any orders, judgments, or decrees which may be entered and from and against all costs for attorneys fees, expenses, and liabilities incurred in the defense of such claim or in the investigation thereof. This includes, without limitation, a (i) consistency challenge pursuant to s. 163.3215, Florida Statutes (2025); (ii) petition for writ of certiorari; (iii) an action for declaratory judgment; or (iv) any claims for loss, damage, liability, or expense (including reasonable attorneys' fees). In the event that any action or proceeding is brought against the City by reason of a claim, Developer, upon notice from the City, shall, at its expense, defend the action or proceeding by counsel chosen by the City and approved by the Developer, including the City Attorney's office or outside counsel. The City retains the right to make all 14 decisions with respect to its representations in any legal proceeding, including its inherent right to abandon or settle litigation. Section 35. No Conflict of Interest. Developer agrees to comply with Section 2-612, Code, as of the Effective Date, with respect to conflicts of interest. Section 36. No Third -Party Beneficiary. No persons or entities other than Developer and the City, their heirs, successors and assigns, shall have any rights whatsoever under this Agreement. Section 37. Counterparts. This Agreement may be executed in two (2) or more counterparts, each of which shall constitute an original but all of which, when taken together shall constitute one and the same agreement. The Parties shall be entitled to sign and transmit an electronic signature of 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. NOW, WHEREOF, the City and the Developer have caused this Agreement to be duly executed. [Signature Pages to Follow] 15 IN WITNESS hereof the parties have cause this Agreement to be duly entered into and signed as of the date written above. Witnesses: Print Name: Print Name: STATE OF FLORIDA MIAMI-DADE COUNTY ) ) ) COCONUT GROVE CONDO, LLC, a Delaware limited liability company By: Print Name: Yazmin Gil Title: Manager The foregoing instrument was acknowledged before me this day of , by Yazmin Gil, as Manager of Coconut Grove Condo, LLC, a Delaware limited liability company, who is personally known to me or who produced as identification. My commission expires: NOTARY PUBLIC, State of Florida 16 IN WITNESS hereof the parties have caused this Agreement to be duly entered into and signed as of the date written above. ATTEST: Todd Hannon, City Clerk APPROVED BY THE PLANNING DEPARTMENTAS TO CONTENT: David Snow, Planning Director APPROVED AS TO LEGAL FORM AND CORRECTNESS: George K. Wysong III, City Attorney 17 CITY OF MIAMI, a municipal corporation located within the State of Florida By: Print Name: Arthur Noriega, V Title: City Manager OWNER JOINDER AYME PROPERTIES, LLC, a Florida limited liability company, whose mailing address is 8325 SW 54th Avenue, Miami, FL 33143 ("Owner"), which is the owner of the following described property(ies) (the "AYME Properties"): Tracts "A" and "B" of HAAS PROPERTIES, according to the Plat thereof, recorded in Plat Book 51, at Page 65 of the Public Records of Miami -Dade County, Florida. Also known as: 3101 & 3131 Grand Avenue, Miami, FL (Folio No. 01-4121-030-0020 & 01-4121- 030-0010) Hereby agrees to join in the Agreement. WITNESSES: OWNER: AYME PROPERTIES, LLC, a Florida limited company Printed Name: By: Cristina Espinosa Its: Manager Member Printed Name: The foregoing instrument was acknowledged before me this day of , 2025, by , as Manager Member of AYME PROPERTIES, LLC, a Florida limited liability company, who is personally known to me, or has produced as identification. Printed Name: Notary Public My Commission Expires: 18 OWNER JOINDER AYME FLORIDA AVENUE PROPERTIES, LLC, a Florida limited liability company, whose mailing address is 8325 SW 54th Avenue, Miami, FL 33143 ("Owner"), which is the owner of the following described property(ies)(the "AYME Florida"): Lot 2, 3, 4, 5 & 6, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. Also known as: 3104, 3114, 3124, 3150 & 3158 Florida Avenue (Folio No. 01-4121-032-0120, 01-4121-032-0130, 01-4121-032-0140, 01-4121-032-0150 & 01-4121-032-0160) Hereby agrees to join in the Agreement. WITNESSES: OWNER: AYME FLORIDA AVENUE PROPERTIES, LLC, a Florida limited company Printed Name: By: Cristina Espinosa Its: Manager Member Printed Name: The foregoing instrument was acknowledged before me this day of , 2025, by , as Manager Member of AYME FLORIDA AVENUE PROPERTIES, LLC, a Florida limited liability company, who is personally known to me, or has produced as identification. Printed Name: Notary Public My Commission Expires: 19 OWNER JOINDER 3101 GROVE TRUSTEE, LLC, a Delaware limited liability company, whose mailing address is 121 Alhambra Plaza, PH1, Coral Gables, Florida 33134 ("Owner"), which is the owner of the following described property(ies)(the "Company"): Lot 1, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. Less the East five (5) feet and North five (5) feet of Lot 1, Block 2, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida, as conveyed by Warranty Deed recorded in Deed Book 3791, Page 226, re -recorded in Official Records Book 5018, Page 116, of the Public Records of Miami -Dade County, Florida. Also known as: 3100 Florida Avenue (Folio No. 01-4121-032-0118) Hereby agrees to join in the Agreement. WITNESSES: OWNER: 3101 GROVE TRUSTEE, LLC, a Delaware limited company Printed Name: By: Yazmin Gil Its: Authorized Representative Printed Name: The foregoing instrument was acknowledged before me this day of , 2025, by Yazmin Gil, as Authorized Representative of 3101 GROVE TRUSTEE, LLC, a Florida limited liability company, who is personally known to me, or has produced as identification. Printed Name: Notary Public My Commission Expires: 20 EXHIBIT A PROPERTY DESCRIPTION 21 Address: 3101 Grand Avenue, Miami, FL Folio No.: 01-4121-030-0020 Owner: AYME Properties, LLC Legal Description: Tract "B" of HAAS PROPERTIES, according to the Plat thereof, recorded in Plat Book 51, at Page 65 of the Public Records of Miami -Dade County, Florida. Address: 3131 Grand Avenue, Miami, FL Folio No.: 01-4121-030-0010 Owner: AYME Properties, LLC Legal Description: Tract "A" of HAAS PROPERTIES, according to the Plat thereof, recorded in Plat Book 51, at Page 65 of the Public Records of Miami -Dade County, Florida. Address: 3100 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0118 Owner: 3101 Grove Trustee, LLC Legal Description: Lot 1, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. LESS the East five (5) feet and North five (5) feet of Lot 1, Block 2, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami - Dade County, Florida, as conveyed by Warranty Deed recorded in Deed Book 3791, Page 226, re -recorded in Official Records Book 5018, Page 116 of the Public Records of Miami -Dade County, Florida. Address: 3104 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0120 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 2, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. Address: 3114 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0130 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 3, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. 22 Address: 3124 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0140 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 4, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. Address: 3150 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0150 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 5, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. Address: 3158 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0160 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 6, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. 23 EXHIBIT B CONCEPTUAL PARK PLANS 24 EXHIBIT C CONCEPTUAL FULLER STREET IMPROVEMENTS 25 EXHIBIT D DEVELOPMENT MANAGEMENT AGREEMENT 26 THIS DEVELOPMENT MANAGEMENT AGREEMENT (hereinafter, the "Agreement"), made and entered into this _ day of , 2025 by and between the CITY OF MIAMI, FLORIDA, a Florida municipal corporation (hereinafter, the "City"), and COCONUT GROVE CONDO, LLC, a Delaware limited liability company doing business in the State of Florida, (hereinafter, "Development Manager" or "AMCO"). WITNESSETH: WHEREAS, the City desires to enter into an Agreement for the enhancements to portions of Kirk Munroe Park and portions of the public rights -of -way along Grand and Oak Avenues and Matilda and Fuller Streets located in the Coconut Grove neighborhood (the "Project"), and WHEREAS, Development Manager is the sponsor of a mixed -use condominium project, comprised of retail, office and residential condominium uses, located on an assemblage bounded by Grand Avenue to the South, Oak Avenue to the North, and Matilda Street to the East, and immediately South of Kirk Munroe Park (the "AMCO Grove Project"), which Development Manager intends to construct concurrently with the Project; and WHEREAS, Development Manager represents that it possesses the requisite expertise and desires to enter into an Agreement to act as the development manager to provide the services as set forth herein; and WHEREAS, this Agreement serves a municipal purpose and primarily effectuates a public purpose furthering the general health, safety and welfare of the City as it enhances, improves and embellishes the public infrastructure and rights -of -way, and thoroughfares in the "Coconut Grove" area of the City which has undergone a recent renaissance and become one of South Florida's premiere "Live, Work, Play" communities for both residents and visitors alike; and WHEREAS, pursuant to Resolution No. 25- , passed on , 2025, the City Commission allocated the required $3,000,000.00 (the "City Contribution") match to secure the match offered by the Development Manager in the amount of $2,000,000.00 (the "Company Contribution"); and WHEREAS, this Agreement implements the expenditure of a sum not to exceed the amount of the City Contribution to be expended solely on work comprising part of the Project which money is a not a charge against the general funds or accounts of the City but is limited to the amount of the City Contribution as a match to Company Contribution, which Company Contribution is contingent upon the City's provision of the City Contribution, which funding has been allocated solely from the City's Capital Improvements Program ("CIP") within the Coconut Grove district; and No. B- to underwrite the costs of the Project WHEREAS, Development Manager has agreed to retain a qualified general contractor ("Contractor") to perform the scope of work comprising the Project, as described herein below, within the available funds and cover the costs of any funding shortfalls to complete the desired improvements; and WHEREAS, the City Commission has authorized the City Manager to execute and enter into this Agreement by its adoption of Resolution No. 25- on , 2025; NOW THEREFORE, in consideration of the mutual covenants set forth herein the City and 27 Development Manager, agree as follows: SECTION 1- TERMS AND CONDITIONS 1. INCORPORATION BY REFERENCE; OVERVIEW The foregoing recitals, the Exhibits to this Agreement, and the prior Agreements, ordinances and resolutions referenced in this Agreement are all deemed as being incorporated by reference herein as if set forth in full in this Section of the Agreement. This Agreement covers the services of Development Manager for the design, permitting, construction, and installation of improvements to: (i) the City -owned park located at 3120 and 3152 Oak Avenue, Miami, Florida 33133 ("Kirk Munroe Park"); (ii) portions of Grand Avenue, Oak Avenue, and Matilda Street adjoining the AMCO Grove Project; and (iii) the portions of Fuller Street located between Grand Avenue and Main Highway (the "Project"). The Work under this Agreement will be solely performed over areas which are owned by a public agency (e.g. City, County or State). No work under this Agreement will be performed on privately owned property. A conceptual description and depiction of the Project is more fully described in the plans and specifications included in Attachment "A" (the "Conceptual Project Plans"). The Development Manager, through an Architect/Engineer retained by the Development Manager, shall develop and permit final design plans for the improvements comprising the Project which are consistent with the Conceptual Project Plans (the "Project Plans"). The Project Plans shall be approved by the City Manager, which approval shall not be unreasonably withheld, conditioned or delayed. 2. INTENTION OF CITY It is the intent of City to have the Project constructed in accordance with the Conceptual Project Plans and in accordance with all codes and regulations governing construction of the Project. Any work, materials or equipment that may reasonably be inferred from the Project Plans as being required to produce the intended result shall be supplied by Development Manager, through its Contractor, whether or not specifically called for. When words, which have a well-known technical or trade meaning, are used to describe work, materials or equipment, such words shall be interpreted in accordance with that meaning. Reference to standard specifications, manuals, or codes of any technical society, organization or association, or to the laws or regulations of any governmental authority, whether such reference be specific or by implication, shall mean the latest standard specification, manual, code or laws or regulations in effect at the time of contract approval and Development Manager shall require that Contractor comply therewith. City shall have no duties other than those duties and obligations expressly set forth herein. 3. DEFINITIONS i. "AMCO Grove Project" refers to the a mixed -use office and residential condominium project proposed to be developed on an land assemblage totaling approximately 1.66 acres +/- bounded by Grand Avenue on the South, Matilda Street on the East, and Florida Avenue on the North totaling and having a principal address of 3101 Grand Avenue, Miami, Florida. ii. "Architect/Engineer" means the Architectural and/or Engineering firm(s) retained by the Development Manager for the preparation of the Project Plans in connection with the Project. Development Manager's selection of any of the following architectural or engineering firm shall be deemed approved by the City: La Casona Gardens Designs Corp.; Naturalficial, Inc.; Oppenheim Architecture & Design, LLC; Arquitectonica; Arquitectonica GEO Corporation; 28 Raymond Jungles, Inc.; Langan Engineering, Environmental, Surveying & Landscape Architecture, Design Professional Corporation; and Kimley Horn & Associates, Inc. The Architectural and/or Engineering firms are referred to herein as the "A/E." Any selection of an A/E firm not listed hereinabove shall be approved by the City Manager. iii. "City" means the City of Miami, Florida, a Florida municipal corporation. In all respects hereunder, City's performance is pursuant to the City's capacity as owner of the Project. In the event the City exercises its regulatory authority as a governmental body, the exercise of such regulatory authority and the enforcement of any rules, regulations, codes, laws and ordinances shall be deemed to have occurred pursuant to City's authority as a governmental body and shall not be attributable in any manner to the City as a party to this Agreement. For the purposes of this Agreement, "City" without modification shall mean the City Manager or Director, as applicable. iv. "City Commission" means the legislative body of the City of Miami. v. "City Contribution" means the Four Million One Hundred Thousand and No/100 Dollars ($3,000,000.00) contribution provided by the City or agency of the City to underwrite a portion of the Project Cost. vi. "City Manager" means the duly appointed chief administrative officer of the City of Miami. vii. "Company Contribution" means the Two Million and No/100 Dollar ($2,000,000.00) contribution provided by the Development Manager to underwrite a portion of the Project Cost. viii. "Conceptual Project Plans" means the preliminary design plans for the Project attached and made part of the Agreement and included in Exhibit A. ix. "Construction Change Directive" means a written directive to effect changes to the Project, prepared by the A/E and or Development Manager and executed by the City. x. "Contract Documents" means this the documents described in Section 1, Article 7 of this Agreement. xi. "Contractor" means the entity responsible, pursuant to its Construction Agreement with Development Manager or its related companies for performing the Construction Work and who is licensed, bonded, and insured to perform this Project in accordance with the terms of the Agreement(s) between the Development Manager or its affiliates and the Contractor. The Contractor under this Agreement shall be a licensed general contractor selected by the Development Manager. Development Manager intends to enlist the services of one of the following firms: (i) Coastal Construction Group of South Florida, Inc.; (ii) Brasfield & Gorrie, LLC; (iii) Juneau Construction Company, LLC; and (iv) VPI Builders;/ Veitia Padron Inc.. Selection of any of the aforementioned Contractors by Development Manager shall be deemed approved by the City. Selection of any Contractor other than those listed hereinabove shall be approved by the City Manager, which approval shall not be unreasonably withheld, conditioned or delayed. The Contractor's means and methods of construction shall be performed by it under applicable laws, rules, regulations, codes and construction practices. 29 xii. "Construction Work" means all of the construction elements of the Project required by this Agreement. xiii. "Contract Time" means the time period defined in this Agreement for the Development Manager to complete the Project. xiv. "Cure" means the action taken by the Development Manager, either directly or through its Contractor, promptly after receipt of written notice from the City of a breach of the Agreement for the Project, which shall be performed at no cost to the City, to repair, replace, correct, or remedy all material, equipment, or other elements of the Project or the Agreement affected by such breach, or to otherwise make good and eliminate such breach, including, without limitation, repairing, replacing or correcting any portion of the Project site disturbed in performing such cure. xv. "Cure Period" means the period of time in which the Development Manager is required to remedy deficiencies in the Work or compliance with the Contract Documents after receipt of written notice to Cure from the City identifying the deficiencies and the time to Cure. xvi. "Design Documents" means the construction plans and specification prepared by A/E(s) for this Project under separate agreement(s) with the Development Manager or Contractor, as applicable. xvii. "Development Manager" is the entity who provides development services for the City as Owner for the Design and Construction Phases of this Project covered by this Agreement. The Development Manager possesses the requisite training and experience to make decisions on behalf of the Owner and give advice on the time and cost consequences of design and construction decisions, scheduling, cost control, coordination of contract negotiations and awards, timely purchasing of critical materials and long -lead items, and coordination of development activities. The Development Manager under this Agreement is Coconut Grove Condo, LLC. The Development Manager is responsible for supervising and directing the Contractor for the work funded by this Agreement. Development Project Manager means the person designated by Development Manager as its lead representative to the City. The person is an agent of the Development Manager and his or her actions bind the Development Manager. The Development Manager shall have the authority to obligate and bind Development Manager and to ad on all matters on behalf of Development Manager except for revisions to the Contract Documents. The Development Manager shall mean Coconut Grove Condo, LLC. The failure of the Contractor, any Sub -Contractor, or any other third party to perform their obligations under agreements with the Development Manager or its affiliates, whether related to the Construction Work or otherwise connected to the Project, shall not relieve the Development Manager of its obligations set forth herein, including, without limitation, those obligations intended to be fulfilled through the services of such Contractor, Sub -Contractor, or third party. xviii. "Director" means the Director of the Department of Capital Improvements or his/her designee, who has the authority and responsibility for managing the Project under this Agreement. xix. "Drawings" means the graphic and pictorial portions of the Project Plans, which show the 30 design, location and dimensions of the Construction Work to be performed, including, without limitation, all notes, schedules and legends on such Drawings as prepared by the A/E(s) in Attachment "A". xx. "Excusable Delay" means any delay in the performance of the Work that is beyond the reasonable control of the Development Manager, which materially affects the progress of the Work, and which is not attributable to the fault, negligence, or breach of the Development Manager or its subcontractors. Excusable Delays include, but are not limited to: (i) differing site conditions or concealed physical conditions not reasonably foreseeable; (ii) unreasonable delay in the receipt of necessary permits, approvals, or inspections caused by governmental authorities (other than delays resulting from Development Manager's noncompliance or failure to timely submit required applications); and (iii) City -directed changes, suspensions, or delays in the Work; (iv) delay in City's delivery of information that City is obligated to provide. For clarity, Excusable Delays shall not include a Force Majeure Event. xxi. "Field Directive" means a written approval for the Development Manager to proceed with Work requested by the City or the A/E(s), which is minor in nature and should not involve additional cost. xxii. "Final Completion" means the date subsequent to the date of Substantial Completion at which time the Development Manager, through its Contractor, has completed all the Project in accordance with the Agreement as certified by the A/E or the City and submitted all documentation required by the Agreement. xxiii. "Final Design Plans" means the design plans for the Project developed by the A/E for the Development Manager and approved by the City. xxiv. "Force Majeure Event" means any event or circumstances beyond the reasonable control of the Development Manager or its subcontractors that prevents, delays, or materially delays impairs the performance of the Work under this Agreement, provided such event could not reasonably have been anticipated or avoided. Force Majeure Events include, but are not limited to: (i) Ads of God, such as earthquakes, floods, hurricanes, tornadoes, lightning, or other natural disasters; (ii) epidemics, pandemics, or public health emergencies (including governmental restrictions arising therefrom); (iii) acts of war, terrorism, civil commotion, or insurrection; (iv) unforeseen governmental actions, embargoes, orders, or changes in law or regulations; (v) strikes, lockouts, or other labor disputes not limited to Development Manager's own employees; and (vi) widespread shortages or unavailability of materials, equipment, energy, or transportation services due to causes beyond the Development Manager's control. For clarity, Force Majeure Events shall not include normal adverse weather conditions, delays caused solely by the negligence or fault of the Development Manager, or financial difficulties. xxv. "Guaranteed Maximum Cost" means the sum established in this Agreement and related documents as the maximum cost to the City for performance of all work pursuant to the terms of this Agreement. The guaranteed maximum cost of the Project is $5,000,000.00, which consists of the City Contribution referenced in the Whereas clauses and the Company Contribution, as modified by the Revised Public Improvements Cost Estimate (the "Guaranteed Maximum Cost" or "GMC"). The City shall not be liable for any reimbursable expenditure, cost, fee, charge, damage, expense, assessment or imposition relative to or arising by virtue of this 31 Agreement beyond the amount of the City Contribution comprising its portion of the GMC, which shall be the maximum cost to the City for performance of the Project. The City acknowledges that it may cost more to complete the Project. However, any excess cost over the GMC (as modified by the Revised Public Improvements Cost Estimate) and not included in an approved Change Order or Construction Change Directive ("CCD") shall be paid for by the Development Manager or others. xxvi. "Notice To Proceed" means a written letter or directive issued by the Director or City's Project Manager acknowledging that all conditions precedent have been met and directing that the Development Manager, through its Contractor, may begin the Project or a specific task of the Project. xxvii. "Project" means the design, permitting, and installation of improvements to: (i) Kirk Munroe Park; (ii) portions of Grand Avenue, Matilda Street, and Florida Avenue adjoining the Coconut Grove Condo Project; and (iii) the portions of Fuller Street located between Grand Avenue and Main Highway specified in this Agreement as contemplated and budgeted by the City. xxviii. "Project Cost" means the total cost of the Work, which amount is estimated at Five Million and No/100 Dollars ($5,000,000.00). xxix. "Project Manager" means an employee or representative of the City assigned by the Director to monitor the Project to be performed under this Agreement and the design and construction of the Project which has not been delegated to the Development Manager. Notwithstanding any language contained herein to the contrary, in no event shall the City's Project Manager have any authority to modify the terms of this Agreement or otherwise waive the obligations of the Development Manager as set forth herein. xxx. "Project Plans" means the Final Design Plans and permitted plans for the improvements comprising the Project. xxxi. "Punch List" means a compilation of items of Construction Work required to be performed by, or through the Development Manager prior to or after the Substantial Completion inspection and prior to Final Completion and payment. xxxii. "Record Set" means the copy of the Drawings, Specifications, and other modifications of the Agreement to be maintained at the Project site by the Contractor, in good order and marked currently to record changes and shall include additions, revisions, modifications, change orders, approved substitutions, shop drawings and accurate dimensioned locations for items recorded, including but not limited to, all underground utilities. xxxiii. "Request For Information (RFI)" means a request from the Contractor seeking an interpretation or clarification by the A/E(s) relative to the Agreement and/or the Drawings. The RFI, which shall be clearly marked RFI, shall clearly and concisely set forth the issue(s) or item(s) requiring clarification or interpretation and why the response is needed. The RFI must forth the Contractor's interpretation or understanding of the document(s) in question, along with the reason for such understanding. xxxiv. "Risk Administrator" means the City's Risk Management Administrator, or designee, or the 32 individual named by the City Manager to administer matters relating to insurance and risk of loss for the City. xxxv. "Schedule of Values" means a written schedule setting forth the detailed and itemized cost breakdown, inclusive of labor, material, and taxes of all elements of the Project. The schedule (attached) shall be used to bill against monthly based on a percentage of completion. xxxvi. "Specifications" as used herein means the portion of the Contract Documents which are the written requirements for the materials, equipment, systems, standards and workmanship for completion of the Project and performance of related services. xxxvii. "Sub-Contractor(s)" means a person or entity other than material person or laborer that has a direct contract with the Contractor to perform or supply a portion of the Construction Work. xxxviii. "Submittals" mean documents prepared by the Development Manager, Contactor or those working on their behalf to show a particular aspect of the Construction Work is to be fabricated and installed. Such submittals include shop drawings, product data, samples, mark-ups, test results, warranties, maintenance agreements, Project photographs, record documents, field measurement data, operating and maintenance manuals, reports, certifications and any other information described in the Agreement. xxxix. "Substantial Completion" means that point at which the Construction Work is at a level of completion in substantial compliance with the Agreement such that the City and members of the general public can use, occupy, and/or operate the facility in all respects to its intended purpose. Substantial Compliance shall not be deemed to have occurred until any and all governmental entities, which regulate or have jurisdiction over the Project, have inspected, and approved the Project. xl. "Work" as used herein refers to all pre -construction, construction and other services required by the Contract Documents, including all labor, materials, equipment, procurement and services needed to complete the Project. 4. SCOPE OF WORK Development Manager, either itself or through its Contractor, shall provide all management, supervision, manpower, equipment, tools, and all other necessary goods and services for the Project as detailed in the attached specifications, drawings and plans as contained in Attachment "A," and in accordance with the Contract Documents. 5. FINAL DESIGN PLAN DEVELOPMENT It is the express intent of the City and Development Manager that the Final Design Plan be developed in consultation with neighborhood stakeholders. The City and Development Manager shall meet with such neighborhood stakeholders identified by the District 2 City Commissioner, including, but not limited to, the Coconut Grove Business Improvement District, the Parent-Teacher Association for Coconut Grove Elementary School, and business and property owners abutting the portions of the right- of-way comprising part of the Project, to discuss the various elements of the Project and solicit their preferences/feedback. The Final Design Plan shall be presented to the City Commission for approval not 33 later than 180 days following execution of this Agreement, unless that date is further extended at the sole discretion of the City Manager upon written request for such an extension from the Development Manager or District 2 City Commissioner. 6. CONTRACT VALUE AND PROTECT COST The Development Manager shall comply with the terms of this Agreement for no compensation. Payments shall be made for elements of the Project performed and accepted by the City. Total cost to complete the Project is estimated equal to the Project Cost. The Development Manager shall cover or ensure that others cover any and all cost overruns necessary to complete the Project in excess of the City Contribution. 7. TIME IS OF THE ESSENCE; TIME FOR COMPLETION; TERM Time is of the essence in the performance of this Agreement. Development Manager, either itself or through its Contractor, will promptly perform its duties under the Contract Documents and will give the completion of the Project as much priority as is necessary to cause the Project to be completed in a timely basis in accordance with the Contract Documents. Development Manager shall ensure that all elements of the Project under this Agreement are substantially completed, as evidenced by certificate of occupancy or completion for the by not later than seven (7) years from the date of City Commission approval on , 2025 ("Completion Date"). The term of this Agreement shall extend one (1) year past the Completion Date. 8. CONTRACT DOCUMENTS The Contract Documents shall consist of this Agreement, and to the extent duly approved, the Drawings and Specifications, approved written interpretations and clarifications, Field Directives, Construction Change Directives, and any modifications. Any modification to this Agreement shall only be effective if it is reduced to writing, and duly executed by both parties, except a Field Directive or Constructive Change Directive shall be effective after approval and execution by Director or designee. The general intent of the Contract Documents is to include all items necessary for the proper execution and completion of the Project by the Development Manager and its Contractor. 9. PRIORITY OF PROVISIONS If there is a conflict or inconsistency between any term, statement requirement, or provision of any exhibit attached hereto, any document or events referred to herein, or any document incorporated into this Agreement by reference and a term, statement, requirement, the specifications and plans prepared by the A/E, or provision of this Agreement the following order of precedence shall apply: In the event of conflicts in the Contract Documents the priorities stated below shall govern: • Approved revisions to the Contract Documents shall govern over the Contract Documents • No section of the specifications or plans shall govern over the Contract Terms and Conditions 34 Project Plans and Specifications shall govern over plans and drawings. In the event of conflicts with the plans the priorities stated below shall govern: • Schedules, when identified as such shall govern over all other portions of the plans • Specific notes shall govern over all other notes, and all other portions of the plans, unless specifically stated otherwise • Larger scale drawings shall govern over smaller scale drawings • Figured or numerical dimensions shall govern over dimensions obtained by scaling • Where provisions of codes, manufacturer's specifications or industry standards are in conflict, the more restrictive or higher quality shall govern In the event of omissions in the Contract Documents that are incidental detail(s) of construction or construction system(s) or with regard to the manner of combining or installing equipment, parts, or materials, such detail shall be deemed to be an implied requirement of the Contract Documents. The quality and quantity of the equipment, material, or part so furnished shall conform to trade standards and be compatible with the type, composition, strengths, size and profile of the equipment, materials or parts otherwise specified in the Contract Documents. 10. PAYMENT REQUESTS Development Manager may make application for payment for Construction Work completed during the Project at intervals of not more than once a -month (the "Application for Payment"). Development Manager's Application for Payment shall be accompanied by a conditional partial release of liens relative to the Construction Work, which is the subject of the Application for Payment and any other information reasonably required by the City. Each Application for Payment shall be submitted in triplicate to City's Project Manager for approval. City may withhold, in whole or in part, payment to such extent as may be necessary to protect itself from loss on account of: • Defective Construction Work not remedied. • Claims filed by other parties against Development Manager, Contractor or City because of Development Manager and/or Contractor's negligent performance of the Work. • Failure of Development Manager to make payments properly to its Contractor or Sub - Contractors or for material or labor arising out of the Work. • Failure of Development Manager to provide any and all documents required by the Contract Documents. 11. PAYMENT Payment by the City of an approved Application for Payment approved by the A/E shall be made 35 within twenty-five (25) business days after receipt of Development Manager's Application for Payment to the City, which shall be accompanied by reasonably sufficient supporting documentation and contain sufficient detail, to allow a proper audit of expenditures, should the City require one to be performed. All payment applications shall be sufficiently detailed so as to meet the definition of a "payment request" for construction services as said term is defined in §218.72, Fla Stat., the Definitions section of the "Local Government Prompt Payment Act." City acknowledges that payment will not be unreasonably withheld or delayed. No interest shall accrue on late payments. Development Manager acknowledges that the City Contribution represents sixty percent (60%) of the total Project funding. Payments made by the City in connection with each Application for Payment shall be for not more than 60% of the amount of the Application for Payment request with the balance payable from the Company Contribution. Notwithstanding any language contained in this Agreement to the contrary, in no event shall the City be required to pay any amount in excess of the City Contribution, unless an increase in the amount of the City Contribution is approved by the City Commission. 12. PROGRESS MEETINGS Development Manager and the City's Project Manager shall hold construction progress meetings as deemed necessary to ensure the timely completion of the Work, but not more often than once a month. 13. DEVELOPMENT MANAGER INDEMNITY Development Manager and Contractor, by contract or rider, addendum or amendment to its construction contract with Development Manager, shall jointly and severally indemnify, defend, save and hold harmless City, its officers, agents, directors, and employees, from liabilities, damages, losses, and costs, including, but not limited to reasonable attorney's fees, and costs to the extent caused by the negligence, recklessness or intentional wrongful misconduct of Development Manager and persons employed or utilized by Development Manager in the performance of this Agreement and/or from any ads or omissions relative to the permitted work and/or to the services being performed by the Development Manager and/or the Contractor which are funded in whole or in part by virtue of this Agreement and/or the failure of either the Development Manager or the Contractor to perform their respective work in accordance with the terms of this Agreement, the design documents, the construction contract between the Contractor and the Development Manager or the failure of either of them to perform their respective work in accordance with applicable laws, codes, rules and regulations. These indemnifications shall survive the term or cancellation of this Agreement. In the event that any action or proceeding is brought against City by reason of any such claim or demand, Development Manager shall, upon written notice from City, resist and defend such action or proceeding by counsel satisfactory to City. Notwithstanding anything to the contrary herein, Development Manager and Contractor shall not be required to provide an indemnification obligations beyond what is provided for in Florida Statutes, Sections 725.06 or 725.08, as applicable, under Florida law. The indemnification provided above shall obligate Development Manager to defend at its own expense to and through appellate, supplemental or bankruptcy proceeding, or to provide for such defense against any and all claims of liability and all suits and actions of every name and description arising by, through or related to this Agreement or related to any work, materials or equipment performed which is funded in whole or in part by this Agreement above which may be brought against City whether performed by Development Manager, or persons employed or utilized by the Development Manager. 36 This indemnity will survive the cancellation or expiration of this Agreement. This indemnity will be interpreted under and construed to conform to the laws of the State of Florida, including without limitation and interpretation §725.06 and/or §725.08, Fla. Statutes, if applicable. Notwithstanding anything to the contrary herein, Development Manager shall not be required to provide any indemnification obligations beyond what is provided for in §725.06(2) and (3), Fla. Statutes, if applicable under Florida law. Additionally, Development Manager shall not be required to indemnify the City for the City's own negligence. Development Manager's indemnity and defense obligations shall be capped at the greater of the insurance proceeds available and actually paid or, if no insurance proceeds are paid, the amount paid by the City pursuant to this Agreement. Development Manager shall require all construction agreements it has with the Contractor include a provision that they will indemnify the City in the manner set forth above. The Development Manager agrees and recognizes that the City shall not be held liable or responsible for any claims which may result from any actions or omissions of the Development Manager in which the City participated either through review or concurrence of the Development Manager's actions. In reviewing, approving or rejecting any submissions by the Development Manager or Contractor or other ads of the Contractor, the City in no way assumes or shares any responsibility or liability of the Development Manager, Contractor or Sub -Contractor under this Agreement. The City agrees and recognizes that the Development Manager shall not be held liable or responsible for any claims which may result from any actions or omissions of the City in which the Development Manager participated solely through review or concurrence of the City's actions. 14. INSURANCE/BONDING The Development Manager shall not authorize the initiation of any element of the Project under this Agreement until the Development Manager has obtained, or required its Contractor to obtain: (i) the insurance required; and (ii) the City's Risk Management Director has approved such insurance. The insurance listed on Exhibit F attached to this Agreement will be the required insurance for this Agreement. On or before the commencement of any Work funded by this Agreement, Development Manager shall require its Contractor obtain a Payment and Performance Bond in the minimum amount of Five Million and 00/100 ($5,000,000.00) Dollars, in substantially the form prescribed by § 255.05, Fla. Stat., naming the City of Miami as the obligee of such bond (hereinafter, the "Bond"). Such Bond will provide that the contractor named in the bond will properly and timely pay all legal debts arising from the construction work and will perform the Project in accordance with the terms of this Agreement, all applicable laws, codes and regulations, and its construction contract with the Development Manager. The Bond will be furnished to the Director prior to the commencement of any element of the Project under this Agreement. The Bond will be issued by a surety licensed to do business in the State of Florida and rated AV or better per A.M. Best's Key Rating Guide, latest edition. 15. MODIFICATIONS TO COVERAGE AND OWNER'S CONTROLLED INSURANCE PROGRAM The City through its Risk Management Director or authorized designee reserves the right to require modifications, increases, or changes in the required insurance requirements, coverage, deductibles or other insurance obligations and shall provide a thirty (30) day written notice to the Development Manager. In that event Contractor shall comply with such request unless the insurance coverage is not then readily 37 available in the national market, and may request additional consideration from City accompanied by justification. All additional cost will be borne by the Development Manager or Contractor, as applicable. Notwithstanding the insurance requirements required by the City in this Agreement, the City acknowledges that Development Manager may elect to implement an Owner Controlled Insurance Program ("OCIP") for the Project the details of which are consistent with policy attached hereto as Attachment "G". To the extent there is any conflict between the City's insurance requirements of this Agreement and the Development Manager's OCIP, the OCIP requirements shall control. The parties shall reasonably cooperate with each other to coordinate the City's insurance requirements with those of the OCIP. 16. DISCRETION OF DIRECTOR Any matter not expressly provided for herein dealing with the City or decisions of the City shall be within the exercise of the reasonable professional discretion of the City Manager or the City Manager's authorized designee. 17. AUTHORITY OF THE CITY PROTECT MANAGER The Project Manager shall have authority to ad on behalf of the City to the extent explicitly provided by the Agreement, unless otherwise delegated to the Development Manager or modified in writing by the City. All instructions to the Development Manager shall be issued in writing. All instructions to the Development Manager shall be issued through the Director or Project Manager. The Project Manager shall have access to the Project Site. The Development Manager shall provide safe facilities for such access so the Project Manager may perform their functions under the Agreement. The Project Manager will make periodic visits to the Project Site to become generally familiar with the progress and quality of the Work, and to determine if the Work is proceeding in accordance with the Contract Documents. The Project Manager will not be responsible for construction means, methods, techniques, sequences or procedures, or for safety precautions and programs in connection with the Construction Work, and will not be responsible for the Development Manager's (through its Contractor) failure to carry out the Construction Work in accordance with the Agreement. The Project Manager will have authority to reasonably reject Construction Work that does not conform to the Contract Documents requirements. Whenever, in his or her opinion, it is considered necessary or advisable to insure the proper implementation of the Contract Documents, the Project Manager will have authority to require special inspections or testing of the Construction Work, whether or not such Construction Work is fabricated, installed or completed. Neither the Project Manager's authority to act under this Article, nor any decision made by him/her in good faith either to exercise or not to exercise such authority, shall give rise to any duty or responsibility of the Project Manager to the Development Manager, Contractor any Sub -Contractor, supplier or any of their agents, employees, or any other person performing any of the Construction Work. All interpretations and recommendations of the Project Manager shall be consistent with the intent of the Contract Documents. 38 The Project Manager will not be responsible for the ads or omissions of the Development Manager, its Contractor, or anyone employed or contracted directly or indirectly by the Development Manager, including any Sub -Contractor, or any of their agents or employees, or any other persons performing any of the Work. 18. SUBCONTRACTS A Sub -Contractor is any person or entity that is performing, furnishing, supplying or providing any portion of the Construction Work pursuant to a contract with the Development Manager or its Contractor. Development Manager, through its Contractor, shall be solely responsible for and have control over the Sub -Contractors. 19. OWNERSHIP & USE OF DOCUMENTS The Drawings, Specifications and other documents prepared by the A/E(s), and copies thereof furnished to the Development Manager and/or its Contractor, are for use solely with respect to this Agreement. 20. CONTINUING THE WORK Development Manager through its Contractor shall carry on the Work and adhere to the progress schedule during all disputes or disagreements with City, including, without limitation, disputes or disagreements concerning the Contract timeframe for completion of the Work. The Work shall not be delayed or postponed pending resolution of any disputes or disagreements. All disputes shall be resolved in accordance with Article 51, Resolution of Contract Disputes and Article 52 Mediation- Waiver of Jury Trial. 21. PUBLIC ENTITY CRIMES In accordance with the Public Crimes Ad, Section 287.133, Florida Statutes, a person or affiliate who is a contractor, consultant or other provider, who has been placed on the convicted vendor list following a conviction for a public entity crime may not submit a bid on a contract to provide any goods or services to the City, may not submit a bid on a contract with the City for the construction or repair of a public building or public work, may not submit bids on leases of real property to the City, may not be awarded or perform work as a contractor, supplier, or subcontractor, under a contract with the City, and may not transact any business with the City in excess of the threshold amount provided in Section 287.017, Florida Statutes, for category two purchases for a period of 36 months from the date of being placed on the convicted vendor list. Violation of this section by Development Manager shall result in cancellation of this Agreement by the City and may result in Development Manager's debarment. 22. NON-DISCRIMINATION: EQUAL EMPLOYMENT OPPORTUNITY & AMERICANS WITH DISABILITIES ACT Development Manager warrants and represents that it does not and will not engage in discriminatory practices and that there shall be no discrimination in connection with Development Manager or it Contractor's performance under this Agreement on account of race, color, sex, religion, age, handicap, marital status or national origin. Development Manager further covenants that no otherwise qualified individual shall, solely by reason of his/her race, color, sex, religion, age, handicap, marital status 39 or national origin, be excluded from participation in, be denied services, or be subject to discrimination under any provision of this Agreement. Development Manager and its Contractor shall affirmatively comply with all applicable provisions of the Americans with Disabilities Ad (ADA) in the course of providing any services funded by City, including Titles I and II of the ADA (regarding nondiscrimination on the basis of disability), and all applicable regulations, guidelines, and standards. In addition, Development Manager shall take affirmative steps to ensure nondiscrimination in employment against disabled persons. 23. AUDIT RIGHTS At any time during normal business hours and after reasonable notice has been provided, there shall be made available to the City and/or representatives of the City to audit, examine, and make audits of all contracts, invoices, materials, payrolls, records of personnel, conditions of employment and other reasonable data in Development Manager's possession and relating to this Agreement. It is further understood that all records and supporting documents pertaining to this Agreement shall be maintained for a minimum period of four (4) years. The retention and access period starts from the date of the submission of the annual performance and evaluation report in which the specific activity is reported for the final time. Records subject to the provisions of Public Record Law, Florida Statutes Chapter 119, shall be kept in accordance with such statute. Otherwise, for the purpose of such audits, inspections, examinations and evaluations, the City's agent or authorized representative shall have access to said records from the effective date of this Agreement, for the duration of the Work, and until 4 years after the date of final payment by the City to Construction pursuant to this Agreement. The City's agent or its authorized representative shall have access to the Development Manager's facilities, shall have access to all necessary records, and shall be provided adequate and appropriate work space, in order to conduct audits in compliance with this provision. The City or its authorized representative shall give auditees reasonable advance notice of intended audits. If an audit inspection or examination in accordance with this Article discloses overcharges in excess of two percent (2%) except negotiated fees by the Development Manager to the City, fifty percent (50%) of the actual cost of the City's audit shall be paid by the Development Manager. If the audit discloses contract billing or charges to which Development Manager is not contractually entitled, Development Manager shall pay over to the City said sum within 20 days of receipt of a written demand unless otherwise agreed to by both parties in writing. If any litigation, claim, negotiation, audit or other action involving the records has been started before the expiration of the four (4) year period, the records must be retained until completion of the action and resolution of all issues which arise from it or until the end of the four (4) year period, whichever is later. During the course of an audit, if the City determines that any payment made to the Development Manager does constitute an allowable expenditure, then the City will have the right to deduct or reduce those amounts from the related invoices. The Development Manager must maintain records necessary to document compliance with the provisions of the Agreement. The Development Manager acknowledges that additionally the City has the audit and inspection rights set forth in §18-100 to §18-102, City Code, as amended. 40 24. OSHA COMPLIANCE The Development Manager warrants that it will comply with all safety precautions as required by federal, state or local laws, rules, regulations and ordinances. 25. SAFETY PRECAUTIONS Development Manager, itself and through its Contractor, shall comply with all applicable laws, ordinances, rules, regulations and orders of any public body having jurisdiction for the safety of persons or property or to protect them from damage, injury or loss; and shall erect and maintain all necessary safeguards for such safety and protection. Development Manager through its Contractor shall notify owners of adjacent property and utilities when prosecution of the Construction Work may affect them. All damage, injury or loss to any property, caused directly or indirectly, in whole or in part, by Development Manager, Contractor, any Sub -Contractor or anyone directly or indirectly employed by any of them or anyone for whose ads any of them may be liable, shall be remedied by Development Manager. Development Manager's duties and responsibilities for the safety and protection of the Construction Work shall continue until such time as all the Construction Work is completed and City has issued to Development Manager a notice of Final Acceptance, said notice shall not be unreasonably withheld or delayed. Development Manager must adhere to the applicable environmental protection guidelines for the duration of the Project. If hazardous waste materials are used, detected or generated at any time, the City's Project Manager must be immediately notified of each and every occurrence. The Development Manager shall comply with all codes, ordinances, rules, orders and other legal requirements of public authorities (including, without limitation, OSHA, EPA, DERM, the City, Miami -Dade County, State of Florida, and Florida Building Code) which bear on the performance of the Construction Work. Development Manager shall require that Contractor ensure that all Work is performed using adequate safeguards, including but not limited to: proper safe rigging, safety nets, fencing, scaffolding, barricades, chain link fencing, railings, barricades, steel plates, safety lights, and ladders that are necessary for the protection of its employees, as well as the public and City employees. All riggings and scaffolding shall be constructed with good sound materials, of adequate dimensions for their intended use, and substantially braced, tied or secured to insure absolute safety for those required to use it, as well as those in the vicinity. All riggings, scaffolding, platforms, equipment guards, trenching, shoring, ladders and similar actions or equipment shall be OSHA approved, as applicable, and in accordance with all federal state and local regulations. If an emergency condition should develop during the Project, the Development Manager must immediately notify the City's Project Manager of each and every occurrence. The Development Manager should also recommend any appropriate course(s) of action to the City's Project Manager. 26. PERMITS & LICENSES Except as otherwise provided within the Agreement, all permits and licenses required by federal, state or local laws, rules and regulations necessary for the prosecution of the Construction Work undertaken by Development Manager pursuant to this Agreement shall be secured by Development Manager with each party paying such permit costs allocable to improvements related to its portion of the 41 Project. It is Contractor's responsibility to have and maintain appropriate Certificate(s) of Competency, valid for the Construction Work to be performed and valid for the jurisdiction in which the Construction Work is to be performed for all persons working on the Project for whom a Certificate of Competency is required. 27. COMPLIANCE WITH LAWS Development Manager and its Contractor shall comply with all applicable laws, codes, ordinances, rules, regulations and resolutions and all applicable guidelines and standards in performing its duties, responsibilities, and obligations related to this Agreement. 28. DEFECTIVE WORK The City's Project Manager shall have the authority to reject or disapprove Construction Work which it finds to be defective. If required by the City, Development Manager, through its Contractor, shall promptly either correct all defective work or remove such defective Construction Work and replace it with non -defective Work. Development Manager shall bear all direct and indirect costs of such removal or corrections including cost of testing laboratories and personnel. Should Development Manager, through its Contractor, fail or refuse to remove or correct any defective Work or to make any necessary repairs in accordance with the requirements of the Contract Documents within a reasonable time after notice in writing provided by the City, the City shall have the authority to cause the defective work to be removed or corrected, or make such repairs as may be reasonably necessary at Development Manager's expense. Any reasonable expense incurred by City in making such removals, corrections or repairs, shall be paid for out of any monies due or which may become due to Development Manager. In the event of failure of Development Manager to make all necessary repairs promptly and fully, which is not cured in the Cure Period, the City may declare Development Manager in default. If, within one (1) year after the date of Substantial Completion or such longer period of time as may be prescribed by the terms of any applicable special warranty required by the Contract Documents, or by any specific provision of the Contract Documents, any of the Construction Work is found to be defective or not in accordance with the Contract Documents, Development Manager, after receipt of written notice from City, shall promptly correct such defective or nonconforming Construction Work within the time specified by City without cost to the City. Nothing contained herein shall be construed to establish a period of limitation with respect to any other obligation which Development Manager might have under the Contract Documents including but not limited to any claim regarding latent defects. 29. WARRANTY OF MATERIALS AND EOUIPMENT Development Manager through its Contractor warrants to City that all materials and equipment furnished under this Agreement will be new unless otherwise specified and that all of the Construction Work will be of good quality, free from faults and defects and in conformance with the Contract Documents. All equipment and materials not conforming to these requirements, including substitutions not properly approved and authorized, may be considered defective. If required by City, Development Manager shall furnish satisfactory evidence as to the kind and quality of materials and equipment. This warranty is not limited by any other provisions within the Contract Documents. 42 30. WARRANTY OF CONSTRUCTION The Development Manager, through its Contractor shall warrant that the Construction Work conforms to the Agreement and is free of any patent and/or latent defect of the workmanship for a minimum period of one year from the date of Substantial Completion. The Development Manager's obligation under this warranty shall be at its own cost and expense, to promptly repair or replace (including cost of removal and installation), that item (or part or component thereof) which proves defective or fails to comply with the Agreement within the warranty period such that it complies with the Agreement. 31. MANUFACTURER'S WARRANTY Development Manager through the Contractor shall provide to City all manufacturers' warranties. All warranties, expressed and/or implied, shall be given to the City for all material and equipment covered by this Agreement. All material and equipment furnished shall be fully guaranteed by the Development Manager, through the Contractor, against factory defects and workmanship at time of installation. At no expense to the City, the Development Manager shall correct any and all apparent and latent defects that are required by Florida law. The Contract Documents may supersede the manufacturer's standard warranty. 32. No DAMAGES FOR DELAY In the event of any delays to the Project that are caused by actions or events that are out of the control of the owner or entities hired or control by the owner, the Contractor's sole remedy shall be to seek an extension of time in accordance with the terms of the Agreement. The City shall not be liable for any delay damages or damages attributable to performing Construction Work out of sequence, acceleration claims or other similar type claims, incurred by Contractor arising out of or in any way associated with the performance under this Agreement. No claim for damages or any claim, other than for an extension of time, shall be made or asserted against the City because of any delays except as provided herein. Development Manager shall not be entitled to an increase in the Contract Price or payment or compensation of any kind from City for direct, indirect, consequential, impact or other costs, expenses or damages, including but not limited to costs of acceleration or inefficiency, arising because of delay, disruption, interference or hindrance from any cause whatsoever, whether such delay, disruption, interference or hindrance be reasonable or unreasonable, foreseeable or unforeseeable, or avoidable or unavoidable. Otherwise, Development Manager shall be entitled only to extensions of the Contract Time as the sole and exclusive remedy for such resulting delay, in accordance with and to the extent specifically provided above. 33. EXCUSABLE DELAY Development Manager is entitled to a time extension of the Construction Work Time for Completion for each day the Construction Work is delayed due to Excusable Delay. Development Manager shall document its claim for any time extension as provided in Article 35 hereof. Where Development Manager determines that the City is liable for payment of costs due to a delay, 43 any request for additional compensation must be submitted in accordance with Article 9. Development Manager shall furnish to the City's Project Manager all documentation supporting its claim, including details of the claim, a description of the work affected and the actual costs resulting from the delay. Where the City agrees, in writing, to an excusable delay and the Work is being performed by the Development Manager, the Development Manager shall be reimbursed for actual, direct costs associated with the delay. The Development Manager agrees that the above constitutes its sole and exclusive remedies for an Excusable Delay. Failure of Development Manager to materially comply with Article 32 hereof as to any particular event of delay shall be deemed conclusively to constitute a waiver, abandonment or relinquishment of any and all claims resulting from that particular event of delay. The Guaranteed Maximum Cost can never be exceeded or increased, except by an approved change order or approved CCD. 34. NOTIFICATION AND CLAIM FOR CHANGE OF CONSTRUCTION WORK TIME Any request for a change in the Time for Completion due to Force Majeure Events, as defined below, or any other delay, shall be made by written notice by Development Manager to the Project Manager within the timeframe set forth in Section 35 below. Thereafter, within twenty (20) calendar days of the termination of the event giving rise to the claim, written notice of the extent of the claim with supporting information and documentation shall be provided unless City allows an additional period of time to ascertain more accurate data in support of the claim and such notice shall be accompanied by Development Manager's written notarized statement that the adjustment claimed is the entire adjustment to which the Development Manager has reason to believe it is entitled as a result of the occurrence of said event. The Time for Completion will be extended in an amount equal to time lost on critical Construction Work items due to delays resulting directly from Force Majeure Events. 35. CHANGES IN THE WORK OR TERMS OF CONTRACT DOCUMENTS Without invalidating the Agreement and without notice to any Surety, City reserves and shall have the right, from time to time to make such increases, decreases or other changes in the character or quantity of the Construction Work as may be considered necessary or desirable to complete fully and acceptably the proposed construction in a satisfactory manner. Any extra or additional work within the scope of this Project must be issued in writing in accordance with the requirements of this Agreement. Any changes to the terms of the Contract Documents must be contained in a written document, executed by the parties hereto, with the same formality and of equal dignity prior to the initiation of any Construction Work reflecting such change. This Article shall not prohibit the issuance of Change Orders executed only by City as hereinafter provided. 36. FORCE MAIEURE Should any failure to perform on the part of Development Manager be due to a Force Majeure Event, then the City shall allow an extension of time reasonably commensurate with the cause of such failure to perform or cure. 44 If the Development Manager is delayed in performing any obligation under this Agreement due to a Force Majeure Event , the Development Manager shall request a time extension from the City within seven (7) working days of the conclusion of said Force Majeure Event. Any time extension shall be subject to mutual agreement and shall not be cause for any claim by the Development Manager for extra compensation. 37. FIELD DIRECTIVES The City's Project Manager may at times issue Field Directives to the Development Manager based on visits to the Project site. Such Field Directives shall be issued in writing and the Development Manager shall be required to comply with such reasonable directives. Where the Development Manager believes that the directive is outside the scope of the Construction Work or unreasonable, the Development Manager shall, within 48 hours, advise the City's Project Manager that the Field Directive is either unreasonable and/or outside the scope of the Work. At that time the Field Directive may be rescinded, or the Development Manager may be required to submit a request for a change order proposal. Where the Development Manager is notified of the City's position that the Field Directive is within the scope and/or reasonable and the Development Manager disagrees, the Development Manager shall notify the City's Project Manager that the Development Manager reserves the right to make a claim for the time and monies based on the Field Directive. At no time shall the Development Manager unreasonably refuse to comply with the directive. Failure to reasonably comply with the directive may result in a determination that the Development Manager is in default of the Agreement. 38. CHANGE ORDERS Changes in the quantity or character of the Construction Work of the Project which are not properly the subject of field directives or supplemental instructions, including all changes resulting in changes in the contract price or time shall be authorized only by change orders approved in advance by City and Development Manager and issued in accordance with the terms of this Agreement. All changes to Work must be approved in advance in accordance with the value of the change order or the calculated value of the time extension. All change orders increasing the value of the Agreement by $50,000 or more shall be approved in advance by the City Commission. All change orders increasing the value of the Agreement by less than $50,000 in the aggregate may be approved in advance by the City Manager or his designee. 39. VALUE OF CHANGE ORDER WORK The value of any Work to be covered by a change order, or for any claim for an increase or decrease in the Agreement, shall be determined in one of the following ways: • Where the Work involved is covered by unit prices contained in the Schedule of Values, by application of unit prices to the quantities of items involved. • By mutual acceptance of a lump sum which Development Manager and City acknowledge contains a component for overhead and profit. 45 40. INSPECTION OF WORK The City shall at all times have access to the Construction Work during normal work hours. Inspectors sent in the City's proprietary capacity shall have no authority to permit deviations from, or to relax any of the provisions of the Contract Documents or to delay the Construction Work by failure to inspect the materials and Construction Work with reasonable promptness without the written permission or instruction of City. The foregoing shall not serve to limit the City's regulatory authority as set forth under applicable laws. The payment of any compensation, whatever may be its character or form, or the giving of any gratuity or the granting of any favor by Development Manager to any inspector, directly or indirectly, is strictly prohibited, and any such ad on the part of Development Manager will constitute a breach of this Agreement. 41. SUBMITTALS All submittals for the Work shall be completed by the Architect/Engineer ("A/E"). City shall not be liable for any materials, fabrication of products or other Work commenced that requires submittals until the City has returned approved submittals to the Contractor. City shall make every effort to review submittals within ten (10) calendar days from the date of receipt by the City. City's review shall only be for conformance with design concepts and the information provided in the Contract Documents. The approval of a separate item shall not constitute approval of an assembly in which the item functions. The City shall return the shop drawings to the Development Manager for its use and distribution. Approval of any submittal shall not relieve the Development Manager and Contractor of any responsibility for any deviations from the requirements of the Contract Documents unless the Development Manager has given written notice to the City of the specific deviations and the City has issued written approval of such deviations. Development Manager shall be responsible for the distribution of all shop drawings, copies of product data and samples, which bear the A/E and City's stamp of approval. Distribution shall include, but not be limited to: job site file, record documents file, sub -contractors, suppliers, and other affected contractors or entities that require the information. During the progress of the Construction Work, the Development Manager shall submit copies of all reports, permits and inspections required by governing authorities, or necessary for the Project. 42. SUBSTITUTIONS Development Manager shall submit all requests for substitutions to the City for review and approval. All such requests shall include sufficient documentation to support such request. City may request additional information as deemed necessary to properly review such requests. 43. SHOP DRAWINGS 46 Development Manager, through the Contractor shall submit Shop Drawings as required by the Contract Documents. The purpose of the Shop Drawings is to show, in detail, the suitability, efficiency, technique of manufacture, installation requirements, and details of the item and evidence of its compliance or noncompliance with the Contract Documents. If the Shop Drawings show or indicate departures from the Contract Documents' requirements, Development Manager, through the Contractor shall make specific mention thereof in its letter of transmittal. Failure to point out such departures shall not relieve Development Manager from its responsibility to comply with the Contract Documents. City shall review and approve Shop Drawings within ten (10) calendar days from the date received, unless said Shop Drawings are rejected by City for material reasons. City's approval of Shop Drawings will be general and shall not relieve Development Manager of responsibility for the accuracy of such Shop Drawings, nor for the proper fitting and construction of the work, nor for the furnishing of materials or work required by the Contract Documents and not indicated on the Shop Drawings. No work called for by Shop Drawings shall be performed until the said Shop Drawings have been approved by City. Approval shall not relieve Development Manager from responsibility for errors or omissions of any sort on the Shop Drawings. No approval will be given to partial submittals of Shop Drawings for items which interconnect and/or are interdependent where necessary to properly evaluate the design. It is Development Manager's, through the Contractor, responsibility to assemble the Shop Drawings for all such interconnecting and/or interdependent items, check them and then make one submittal to City along with its comments as to compliance, noncompliance, or features requiring special attention. If catalog sheets or prints of manufacturers' standard drawings are submitted as Shop Drawings, any additional information or changes on such drawings shall be typewritten or lettered in ink. Each shop drawing shall be clear, thoroughly detailed and shall have listed on it all Contract Document references, drawing number(s), specification section number(s) and the shop drawing numbers of related work. Shop drawings must be complete in every detail, including location of the work. Materials, gauges, methods of fastening and spacing of fastenings, connections with other work, cutting, fitting, drilling and any and all other necessary information per standard trade practices or as required for any specific purpose shall be shown. Where professional calculations and/or certification of performance criteria of materials, systems, and or equipment are required, the City is entitled to rely upon the accuracy and completeness of such calculations and certifications submitted by the Development Manager. Calculations, when required, shall be submitted in a neat clear and easy format to follow. Development Manager shall keep one set of Shop Drawings marked with A/E and City's approval at the job site at all times. 44. PRODUCT DATA Development Manager, through the Contractor shall submit a copy of product data. Copies must be marked to identify applicable products, models, options and other data. Development Manager, through the Contractor shall supplement manufacturer's standard data to provide information unique to the 47 Construction Work. Development Manager, through the Contractor shall only submit pages that are pertinent. Submittals shall be marked to identify pertinent products, with references to the specifications and the Contract Documents. Identify reference standards, performance characteristics and capacities, wiring and piping diagrams and controls, component parts, finishes, dimensions and required clearances. 45. AS -BUILT DRAWINGS During the Construction Work, Development Manager, through the Contractor shall maintain records of all deviations from the Drawings and Specifications as approved by the City and prepare As - Built Record Drawings showing correctly and accurately all changes and deviations made during construction to reflect the work as it was actually constructed. It is the responsibility of the Development Manager, through the Contractor to check the As -Built Drawings for errors and omissions prior to submittal to the City and certify in writing that the As -Built Drawings are correct and accurate, including the actual location of all internal piping, electrical/signal conduits in or below the concrete floor. Indicate the size, depth and voltage in each conduit. Legibly mark to record actual construction: On -site structures and site work as follows: • Depths of various elements of foundation in relation to finish first floor datum. All underground piping and ductwork with elevations and dimensions and locations of valves, pull boxes, etc. Changes in location. Horizontal and vertical locations of underground utilities and appurtenances, referenced to permanent surface improvements. Actual installed pipe material, class, etc. Location of internal utilities and appurtenances concealed in the construction, referenced to visible and accessible features of the structure. Air conditioning ducts with locations of dampers, access doors, fans and other items needing periodic maintenance. • Field changes in dimensions and details • Changes made by City's written instructions or by Change Order. • Details not on original Contract Drawings. • Equipment, conduit, electrical panel locations. • City schedule changes according to Contractor's records and shop drawings. Specifications and Addenda: Legibly mark each section to record: • Manufacturer, trade name, catalog number and Supplier of each product and item of equipment actually installed. • Approved Shop Drawings: Provide record copies for each process, equipment, piping, electrical system and instrumentation system. 46. REOUESTS FOR INFORMATION (RFI) The Development Manager or its Contractor shall submit in writing a Request for Information (RFI) to the City's Project Manager or A/E, as applicable, where the Development Manager or Contractor believe 48 that the specifications or drawings are unclear or conflict. All requests must be submitted in a manner that clearly identifies the drawing and/or specification section where clarification or interpretation is being requested. 47. CITY'S RIGHT TO TERMINATE The City Manager has the right to terminate this Agreement for any reason or no reason, upon thirty (30) days written notice. Such written notice shall state the date upon which Development Manager shall cease all Construction Work under this Agreement and vacate the Project site. Upon termination of this Agreement, all charts, sketches, studies, drawings, reports and other documents, including electronic documents, related to Construction Work authorized under this Agreement, whether finished or not, must be turned over to the City. The Development Manager shall be paid for Construction Work performed and accepted by the City, provided that said documentation is turned over to City within twenty (20) business days of termination. Failure to timely deliver the documentation shall be cause to withhold any payments due without recourse by Development Manager until all documentation is delivered to the City. In such event, the City shall pay to Development Manager Compensation for Services rendered and approved expenses incurred prior to the effective date of termination. In no event shall the City be liable Development Manager for any additional compensation and expenses incurred, other than that provided herein, and in no event shall the City be liable for any consequential or incidental damages. Further, Development Manager shall be released from its obligation to provide any unexpended portion of the Development Manager Contribution as of the effective date of the termination and any portion of the Development Manager Contribution in the City's possession in the form of a cash bond shall be released to Development Manager within ten (10) business days of the effective date of the termination. 48. TERMINATION BY DEFAULT If Development Manager fails to comply with any material term or condition of this Agreement, or fails to perform any of its obligations hereunder, then Development Manager shall be in default. Upon the occurrence of a default which is not cured within the Cure Period, in addition to all remedies available to it by law, the City may immediately, upon written notice to Development Manager, terminate this Agreement. The City may also suspend any payment or part thereof or order a Work stoppage until such time as the issues concerning compliance are resolved. Development Manager understands and agrees that termination of this Agreement under this Article shall not release Development Manager from any obligation accruing prior to the effective date of termination. In the event of termination due to default, in addition to the foregoing Development Manager shall be liable for all costs and expenses incurred by the City in the procurement of the Construction Work under this Agreement. In the event of Default, the City may also issue a Notice to Cure and suspend or withhold payments to Development Manager until such time as the actions giving rise to default have been cured. In no event shall the Development Manager be liable to the City for any additional expenses incurred, other than that provided herein, and in no event shall the Development Manager be liable for any consequential or incidental damages. A finding of default and subsequent termination for cause may include, without limitation, any of the following: 49 • Development Manager fails to obtain the insurance herein required. • Development Manager fails to comply with any of its duties under this Agreement, with any terms or conditions set forth in this Agreement beyond the specified period allowed to cure such default. • Development Manager fails to commence the Work within the timeframes provided or contemplated herein, or fails to complete the Work in a timely manner as required by this Agreement. The City shall provide Written Notice to Cure to Development Manager as to a finding of default, and Development Manager shall take all necessary action to Cure said default within such time as stipulated in the Written Notice. Such Written Notice shall provide a minimum of 30 days to Cure any alleged default. Such time to Cure shall be at the sole discretion of the City but be no less than 30 days. The City may extend the Cure Period at its sole discretion or terminate the Agreement upon failure of the Development Manager to cure such default in the specified timeframe. 49. DEVELOPMENT MANAGER'S RIGHT TO TERMINATE The Development Manager shall have the right to terminate this Agreement, in writing, following breach by the City, if breach of contract has not been corrected within thirty (30) days from the date of the City's receipt of a written notice from Development Manager specifying the City's breach of its duties under this Agreement. The City shall only be responsible for payment of Development Manager compensation for Services rendered and approved expenses incurred prior to the effective date of termination. In no event shall the City be liable to Development Manager for any additional compensation and expenses incurred, other than that provided herein, and in no event shall the City be liable for any consequential or incidental damages. Further, the Development Manager shall be released from its obligation for any or all of the Development Manager Contribution not expended as of the effective date of the termination. 50. MATERIALITY AND WAIVER OF BREACH City and Development Manager agree that each requirement, duty, and obligation set forth in these Contract Documents is substantial and important to the formation of this Agreement. The parties failure to enforce any provision of this Agreement shall not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms of this Agreement. 51. ACCEPTANCE AND FINAL PAYMENT Upon receipt of written notice from Development Manager that the Construction Work is ready for final inspection and acceptance, the City shall, within ten (10) calendar days, make an inspection thereof. If City's Project Manager find the Work acceptable, the requisite documents have been submitted and the requirements of the Contract Documents fully satisfied, and all conditions of the permits and regulatory agencies have been met, a Final Certificate for Payment (Attachment E) shall be issued by City's Project Manager, over its signature, stating that the requirements of the Contract Documents have been performed and the Work is ready for acceptance under the terms and conditions thereof. 50 Before issuance of the Final Certificate for Payment, Development Manager shall deliver to City's Project Manager a conditional release of all liens arising out of this Agreement, or receipts in full in lieu thereof; an affidavit certifying that all suppliers, Sub -Contractors, and Contractor have been or will be (out of the final payment) paid in full and that all other indebtedness connected with the Construction Work has been or will be paid; the final corrected As -Built Drawings; the Record Set; and the final bill of materials, if required, and Application for Payment. Development Manager shall deliver the written Contractor's and all Manufacturer's warranties prior to issuance of the Final Certificate for Payment. If, after the Construction Work has been substantially completed, full completion thereof is materially delayed through no fault of Development Manager or its Contractor, and NE so certifies, City shall, upon certificate of City's Project Manager, and without terminating the Agreement, make payment of the balance due for that portion of the Work fully completed and accepted. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of unknown claims. The making of and acceptance of final payment shall constitute a waiver of all claims by Development Manager and the City, except to the extent such claims are a result of Development Manager's failure to comply with the obligations set forth in this Agreement, including but not limited to those identified by Development Manager or the City as unsettled at the time of the application for final payment. 52. RESOLUTION OF CONTRACT DISPUTE Development Manager understands and agrees that all disputes between it and the City based upon an alleged violation of the terms of this Agreement by the City shall be initially submitted to the Director for resolution. Upon receipt of the submittal from the Development Manager, the Director shall render a decision within fourteen (14) calendar days. Where a mutually satisfactory resolution cannot be reached the Development Manager may submit the dispute to the City Manager or his/her designee for resolution. Where a mutual resolution cannot be reached between the Development Manager and the City Manager or designee, the Development Manager, prior to being entitled to seek judicial relief shall comply with Article 51 of this Agreement, in connection therewith. Should the amount of City Contribution hereunder exceed $4.1 million, the City Manager's decision shall be approved or disapproved by the City Commission. Development Manager shall not be entitled to seek judicial relief unless: • It has first received City Manager's written decision, approved by the City Commission, if applicable, or • A period of sixty (60) days has expired after submitting to the City Manager a detailed statement of the dispute, accompanied by all supporting documentation or a period of seventy-five (75) days has expired where City Manager's decision is subject to City Commission approval; and • Mediation of the dispute, as stipulated in Article 52, has not resulted in a mutual resolution; or • City has waived compliance with the procedure set forth in this Article by written instrument(s) signed by the City Manager. 51 If Development Manager is required to file a lawsuit in order to meet a statute of limitations before it has complied with any of the above requirements, it shall be entitled to file the action and then the City may move to stay the action to allow the Development Manager to comply with the conditions precedent to litigation as set forth in this Agreement. 53. MEDIATION — WAIVER OF JURY TRIAL In an effort to engage in a cooperative effort to resolve conflict which may arise during the course of the design and/or construction of the Project, and/or following the completion of the Project, the parties to this Agreement agree all unresolved disputes between them shall be submitted to non -binding mediation prior to the initiation of litigation, unless otherwise agreed in writing by the parties. A certified Mediator, who the parties find mutually acceptable, will conduct any Mediation Proceedings in Miami - Dade County, State of Florida. The parties will share the costs of the certified Mediator equally. In an effort to expedite the conclusion of any litigation, the parties voluntarily waive their right to jury trial in any action arising under this Agreement. 54. SUBSTANTIAL COMPLETION, PUNCH LIST AND FINAL -COMPLETION The Construction Work shall be substantially complete when the City's Project Manager, in the reasonable exercise of his/her discretion determines that the Construction Work is complete, there are no material and/or substantial variations from the Agreement, and the Construction Work is fit for its intended purpose. City's Project Manager shall not unreasonably withhold or delay its approval. Upon Substantial Completion, City's Project Manager and the Development Manager shall sign the Substantial Completion Inspection Form. The signing of this form shall not relieve the Development Manager from its obligation to complete the Project. When the Development Manager believes that the Construction Work is substantially complete, the Development Manager shall request in writing that the City inspect the Construction Work to determine if Substantial Completion has been achieved. No request for Substantial Completion inspection is to be submitted until the Development Manager has obtained a Certificate(s) of Occupancy, Certificate of Completion, or other equivalent. The City shall schedule the date and time for any inspection and notify the Development Manager and any other parties deemed necessary. During this inspection, the Project Substantial Completion Inspection Form, (Attachment B), will be completed as necessary. Any remaining Construction Work shall be identified on this form and shall be known as Punch List work. The Punch List, (Attachment C), shall be signed by the City's Project Manager and the Development Manager confirming that the Punch List contains the item(s) necessary to complete the Construction Work. The failure or refusal of the Development Manager to sign the Project Substantial Completion Inspection Form or Punch List shall not relieve the Development Manager from complying with the reasonable findings of the Project Substantial Completion Inspection and completing the Project to the satisfaction of the City. Where the Punch List is limited to minor omissions and defects, the City shall indicate that the Construction Work is substantially complete subject to completion of the Punch List. Where the City determines, on the appropriate form that the Construction Work is not substantially complete, the City shall provide a list of all open items necessary to achieve Substantial Completion. Upon completion of such Construction Work, the Development Manager shall request another Substantial Completion inspection. 52 The City's Projed Manager and the Development Manager shall agree on the time reasonably required to complete all remaining Construdion Work included in the Punch List. Upon the receipt of all documentation, resolution of any outstanding issues and issuance of final payment, the City shall notify the Development Manager in writing of the closeout of the Projed. The City will prepare a Certificate of Substantial Completion in the form attached hereto as Attachment D which shall establish the Date of Substantial Completion. Once substantial completion is achieved the City shall be responsible for security, maintenance, heat, utilities, damage to the Project site, and insurance; and shall list all Construction Work yet to be completed to satisfy the requirements of the Contract Documents for Final Completion. The failure to include any items of corrective work on such list does not alter the responsibility of Development Manager to complete all of the Construdion Work in accordance with the Contract Documents. Warranties required by the Contract Documents shall commence on the date of Substantial completion of the Construction Work or designated portion thereof unless otherwise provided in the Certificate of Substantial Completion. 55. APPLICABLE LAW AND VENUE OF LITIGATION This Agreement shall be interpreted and construed in accordance with and governed by the laws of the State of Florida. Any suit or action brought by any party, concerning this Agreement, or arising out of this Agreement, shall be brought in Miami -Dade County, Florida. Each party shall bear its own attorney's fees except in actions arising out of Development Manager's duties to indemnify the City under this Agreement where Development Manager shall pay the City's reasonable attorney's fees. 56. INDEPENDENT CONTRACTOR Development Manager is an independent contractor under this Agreement. Services provided by Development Manager pursuant to this Agreement shall be subject to the supervision of Contractor. In providing such services, neither Development Manager nor its agents shall ad as officers, employees, or agents of the City. Development Manager further understands that Florida Workers' Compensation benefits available to employees of the City are not available to Development Manager, and agrees to provide workers' compensation insurance for any employee, or entity working for the Development Manager rendering services to the City under this Agreement. This Agreement shall not constitute or make the parties a partnership or joint venture. 57. SUCCESSORS AND ASSIGNS The performance of this Agreement shall not be transferred pledged, sold, delegated or assigned, in whole or in part, by the Development Manager without the written consent of the City. It is understood that a sale of the majority of the stock or partnership shares of the Development Manager, a merger or bulk sale, an assignment for the benefit of creditors shall each be deemed transactions that would constitute an assignment or sale hereunder requiring prior City approval. The Development Manager's services are unique in nature and any transference without City Commission approval shall be cause for the City to nullify this Agreement. Any assignment without the City's consent shall be null and void. The Development Manager shall have no recourse from such cancellation. The City may require bonding, other security, certified financial statements and tax returns from any proposed assignee and the execution of an assignment/assumption agreement in a form 53 satisfactory to the City Attorney as a condition precedent to considering approval of an assignment. 58. THIRD PARTY BENEFICIARIES Neither Development Manager nor the City intends to directly or substantially benefit a third party by this Agreement. Therefore, the parties agree that there are no third -party beneficiaries to this Agreement and that no third party shall be entitled to assert a claim against either of them based upon this Agreement. The parties expressly acknowledge that it is not their intent to create any rights or obligations in any third person or entity under this Agreement. 59. IOINT PREPARATION- INTERPRETATION The language of this Agreement has been agreed to by both parties to express their mutual intent and no rule of strict construction shall be applied against either party hereto. The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. All personal pronouns used in this Agreement shall include the other gender, and the singular shall include the plural, and vice versa, unless the context otherwise requires. Terms such as "herein," "hereof," "hereunder," and "hereinafter" refer to this Agreement as a whole and not to any particular sentence, article, paragraph, or section where they appear, unless the context otherwise requires. Whenever reference is made to a Sedion or Article of this Agreement, such reference is to the Section or Article as a whole, including all of the subsections of such Sedion or Article, unless the reference is made to a particular subsection. 60. AMENDMENTS No modification, amendment, or alteration in the terms or conditions contained herein shall be effective unless contained in a written document prepared with the same or similar formality as this Agreement and executed by the City Manager and Development Manager. 61. SEVERABILITY Should any provision of this Agreement is determined by a Court of competent jurisdiction to be illegal or unenforceable, then such unenforceable or unlawful provision shall be excised from this Agreement, and the remainder of this Agreement shall continue in full force and effect. Notwithstanding the foregoing, if the result of the deletion of such provision will materially and adversely affect the rights of either party, such party may elect, at its option, to terminate this Agreement in its entirety. An election to terminate this Agreement based upon this provision shall be made within seven (7) days after the finding by the court becomes final. 62. ENTIRE AGREEMENT This Agreement, as it may be amended from time to time, represents the entire and integrated agreement between the City and the Development Manager and supersedes all prior negotiations, representations or agreements, written or oral. This Agreement may not be amended, changed, modified, or otherwise altered in any respect, at any time after the execution hereof, except by a written document executed with the same formality and equal dignity herewith. Waiver by either party of a breach of any provision of this Agreement shall not be deemed to be a waiver of any other breach 54 63. CONFLICT OF INTEREST Development Manager covenant that no person under its employ who presently exercises any functions or responsibilities on behalf of the City in connection with this Agreement has any personal financial interests, direct or indirect, with the Contractor. Development Manager further covenants that, in the performance of the Agreement, no person having such conflicting interest shall be employed. Any such interest on the part of the Contractor or its employees must be disclosed in writing to the City. Development Manager is aware of the conflict -of -interest laws of the City, Miami City Code Sec. 2-11, Miami -Dade County, Florida, Miami -Dade County Code Sec. 2-11.1; and the State of Florida, Chapt. 112, Part III, Florida Statutes, as amended, and agrees that it shall fully comply in all respects with the terms of said laws. 64. INDEPENDENT CONTRACTOR Development Manager, its employees, agents or representatives, shall be deemed to be independent contractors and not agents or employees of the City and shall not attain any rights or benefits under the civil service or pension ordinances of the City, or any rights generally afforded classified or unclassified employees. Development Manager, its employees, agents or representatives, shall not be entitled to Florida Workers' Compensation benefits as an employee of the City. 65. PUBLIC RECORDS Development Manager shall comply with Chapter 119, Florida Statutes, as may be applicable, shall additionally comply with Section 119.0701, Florida Statutes, including without limitation: (1) keep and maintain public records that ordinarily and necessarily would be required by the City to perform this service; (2) provide the public with access to public records on the terms and conditions as the City would at the cost provided by Chapter 119, Florida Statutes, or as otherwise provided by law; (3) ensure that public records that are exempt or confidential and exempt from disclosure are not disclosed except as authorized by law; (4) meet all requirements for retaining public records and transfer, at no cost, to the City all public records that are exempt or confidential and exempt from disclosure requirements; (5) all electronically stored public records must be provided to the City in a format compatible with the City's information technology systems. SHOULD DEVELOPMENT MANAGER DISPUTE ANY PUBLIC ACCESS REQUIRED BY FLORIDA STATUTES, THEN DEVELOPMENT MANAGER SHALL DO SO AT ITS OWN EXPENSE AND AT NO COST TO THE CITY. IF CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO DEVELOPMENT MANAGER'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (305) 416-1800, VIA EMAIL AT PUBLICRECORDS@MIAMIGOV.COM, OR REGULAR MAIL AT CITY OF MIAMI OFFICE OF THE CITY ATTORNEY, 444 SW 2ND AVENUE, 9TH FLOOR, MIAMI, FL 33130. 66. NOTICES All notices or other communications required under this Agreement shall be in writing and shall be given by hand -delivery or by registered or certified U.S. mail, return receipt requested, addressed to the other party at the address indicated herein or to such other address as a party may designate by notice 55 given as herein provided. Notice shall be deemed given on the day on which personally delivered; or, if by mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier. For the City of Miami: City Manager 444 S.W. 2nd Avenue, 10th Floor Miami, FL 33130-1910 With a copy to: Director of Capital Improvements 444 S.W. 2nd Avenue, 8th Floor Miami, FL 33130-1910 For Development Manager: Coconut Grove Condo, LLC Attn: W. Spencer Morris 121 Alhambra Plaza, Ste. 1600 Coral Gables, FL 33134 Telephone: (305) 443-1000 Email: WASM@allenmorris.com 67. CITY RIGHTS AS SOVEREIGN The City is entering into this Agreement only in its proprietary (not regulatory) capacity and retains all of its sovereign prerogatives and rights and regulatory authority (quasijudicial or otherwise) as a City under all applicable laws (all of which shall be absolute and unfettered in all respects), and shall in no way be estopped from withholding or refusing to issue any approvals, licenses or permits granted by the City in its governmental capacity or applications for building, zoning, planning or development under present or future laws and regulations whatever nature applicable to the planning, design, construction and development of the AMCO Grove Project, the Project, or any other development contemplated in this Agreement, or the operation thereof. The City shall not by virtue of this Agreement or any other document associated with the development be obligated to grant or be deemed to have granted any approvals, permits or licenses by the City in its governmental capacity. Notwithstanding and prevailing over any contrary provision in this Agreement, any City obligation that may be contained herein shall not require the City or any other city, county, federal or state department or authority, committee or agency to grant or leave in effect any zoning changes, variances, Permits, zoning waivers, or any other governmental approvals that may be granted, withheld, or revoked by the City or other applicable governmental agencies, acting in their governmental capacity. In no event shall the City have any obligations or liabilities to Development Manager or any third parties under this Agreement or otherwise on account of the City's exercise of its sovereign prerogatives and rights and regulatory authority (quasi-judicial or otherwise) as a municipal government under applicable laws. Without limitation of the foregoing, nothing contained in this agreement is intended as a waiver of City's sovereign immunity as set forth under Section 768.28, Florida Statutes, or otherwise. 56 68. ANTI -HUMAN TRAFFICKING Development Manager confirms and certifies that it is not in violation of Section 787.06, Florida Statutes, and that it does not and shall not use "coercion" for labor or services as defined in Section 787.06, Florida Statutes. The Development Manager shall execute and submit to the City an Affidavit, of even date herewith, in compliance with Section 787.06(13), Florida Statutes, attached and incorporated herein as Exhibit "D". If the Development Manager fails to comply with the terms of this Section, the City may suspend or terminate this Agreement immediately, without prior notice, and in no event shall the City be liable to Development Manager for any compensation or expense, including, but not limited to, any consequential or incidental damages. [SIGNATURE PAGES TO FOLLOW] 57 IN WITNESS WHEREOF, the parties have se their hands and seals on the day and year first shown above: CITY City of Miami, Florida, a municipal Corporation ATTEST: By: By: Todd B. Hannon, City Clerk Arthur Noriega,V, City Manager APPROVED AS TO LEGAL FORM APPROVED AS TO INSURANCE AND CORRECTNESS: REQUIREMENTS: George Wysong, Esq. David Ruiz, Interim Director City Attorney Department of Risk Management ATTEST: Name: Title: 58 DEVELOPMENT MANAGER COCONUT GROVE CONDO, LLC, a Florida limited liability company By: Yazmin Gil, Manager SUBSTITUTED. This instrument prepared by and after recording return to: Javier E. Fernandez, Esq. SMGQ Law 201 Alhambra Circle, Ste. 1205 Coral Gables, FL 33134 DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MI I, FLORIDA AND COCONUT GROVE CONDO, LLC REGARDING THE D LOPMENT OF ZIGGARUT MIXED -USE PROJECT AND RELATED PUBLI PROVEMENTS WITH THE PRINCIPAL ADDRESS OF 3101 GRAND AVEN , MIAMI, FL. THIS AGREEMENT is entered into the day of COCONUT GROVE CONDO, LLC, a Delaware limited liabil' CITY OF MIAMI, FLORIDA, a municipal corporation and su (the Developer and the City together referred as the "Parties" WITNESSET , 2025, by and between ompany ("Developer") and the sion of the State of Florida ("City") WHEREAS, Owners (as described her .elow) have amassed property totaling approximately 72,300 sq. ft. (1.66 acres +/-) of lanthin the Coconut Grove neighborhood of the City bounded by Grand Avenue on the South, F da Avenue on the North, and Matilda Street on the East, which property is described in the at ed and incorporated Exhibit A; and WHEREAS, Owners through Dev project shall be comprised of an Offi building, both with ground floor retail Ziggarut (hereinafter, the "Project"); er propose to construct a mixed -use project, which uilding, a 19-unit for -sale condominium residential supported by underground parking, to be known as the WHEREAS, Developer a ity wish to collaborate to execute certain Public Improvements to the City Property that will e ce the quality of the neighborhood's amenities. NOW, THEREFORconsideration of the mutual covenants and agreements hereinafter contained, the Parties mu' ly agree and bind themselves as set forth herein: Section 1. Consi recited and provide adequate consider Section 2. provided: tion. The Parties hereby agree that the consideration and obligations under this Agreement constitute substantial benefits to both Parties and thus n for this Agreement. es of Construction. For all purposes of the Agreement, unless otherwise expressly A defined term has the meaning ascribed to it; Words in the singular include the plural, and words in the plural include the singular; 1 (c) (d) (e) The Parties hereto agree that this Agreement shall not be mor against either the City or Owner, as all Parties are drafters of thi (f) SUBSTITUTED. A pronoun in one gender includes and applies to other genders as well; The terms "hereunder," "herein," "hereof," "hereto," and such other ter to the instant Agreement in its entirety and not to individual sections hall refer tides; ictly construed reement; and The recitals are true and correct and are incorporated intnd made part of this Agreement. The attached exhibits shall be deemed adopte d incorporated into the Agreement; provided, however, that this Agreement she deemed to control in the event of any conflict between the attachments and thi ; reement. Section 3. Definitions. Capitalized terms which are not specifi' defined herein shall have the meaning given in Ordinance No. 13114, the Zoning Ordinance of th ty of Miami, Florida, as amended ("Miami 21 Code") or the Code of the City of Miami, Florida, as a ded ("Code" or "City Code"). "Agreement" means this Agreement between the City d Owner. "BID" refers to the Coconut Grove Business Imp -ment District, a semi -autonomous board of the City. "City" means the City of Miami, Florida, a ' 'cipal corporation and political subdivisions of the State of Florida, and all departments, agencies, an strumentalities subject to the jurisdiction thereof. "City Contribution" shall have the eaning ascribed to this term in Section 11(c) of this Agreement. "City Park" means the city par •mmonly referred to as "Kirk Munroe Park" and identified as 3120 and 3152 Oak Avenue, Miami, orida (Folio Nos. 01-4121-032-0009 and 01-4121-032-0010) and comprised of Lots 1, 2, 3, 4, 19, 20, , 23, & 24 and Lots 5 & 6, less the North 5 feet for right-of-way of Block 1, Charles H. Frow Subdivis , as recorded in Plat Book 13, Page 53, Public Records of Miami -Dade County, Florida "City Property" m- . the: (i) the City Park; (ii) the public right-of-way known as "Fuller Street" located between Main Hi ay and Grand Avenue; and (iii) portions of the following City rights -of -way from the center line to t . ase building line: (a) the eastern portion of the Matilda Street between Grand and Oak Avenues; (b) southern portion of Oak Avenue from Matilda Street to the western boundary of the Park; and (c) the •rthern portion of Florida Avenue from Matilda Street to the western boundary of the Park. "Cod • eans the City Charter and Code of the City of Miami, Florida, as amended. prehensive Plan" means the comprehensive plan known as the Miami Comprehensive Neighb' ood Plan, adopted by the City pursuant to Chapter 163, Florida Statutes (2025), meeting the requi ' ents of Section 163.3177, Florida Statutes (2025), Section 163.3178, Florida Statutes (2025). 2 SUBSTITUTED. "Developer" means Coconut Grove Condo, LLC a Delaware limited liability company. "Developer Contribution" shall have the meaning ascribed to this term in Section 11(c) of this Agreement. "Development Management Agreement" shall have the meaning ascribed to this term in S 11(e) of this Agreement. "DOSP" or "MPA" means the City's Department of Off -Street Parking also known a - Miami Parking Authority. "Effective Date" means the date of recordation of this executed Agreement in t .ublic records of Miami -Dade County, Florida. "Existing Zoning" means (a) Miami 21 Code; and (b) laws and policies . " e City that regulate any aspect of development and includes any local government zoning, rezonisubdivision, building construction, or sign regulations or any other regulations controlling the dev ment of land, including those provision related to the development of land in Chapters 10, 23, 35, 36 , 55, and 62 of the Code, as amended, through the Effective Date, which together comprise the effectiv d development regulations governing the development of the property. "Fuller Street Improvements" shall have the meaning ascrito the term in Section 11(b) of this Agreement. "Land" means the earth, water, and air, above, b improvements or structures customarily regarded as land. , or on the surface and includes any "Laws" means all ordinances, resolutions, r lations, comprehensive plans, development regulations, and rules adopted by a local government cting the development of land. "Owner(s)" means AYME Properties, "AYME"), AYME Florida Avenue Properties, L and 3101 Grove Trustee, LLC, a Delaware lim a Florida limited liability company (hereinafter, a Florida limited liability company ("AYME Florida"), liability company, both individually and collectively. "Park Budget" shall have the meg ascribed to this term in Section 12 of this Agreement. "Park Fund" shall have the •ng ascribed to this term in Section 12 of this Agreement. "Park Improvements" th Agreement. m shall have the meaning ascribed to the term in Section 11(a) of the "Parties" means the •veloper and the City, both of whom are signatories to the Agreement. "Project" shall ' e the meaning ascribed in the Recitals. "Property" ans the parcels more specifically described in Exhibit A to this Agreement and which is more co only referred to as 3101 & 3131 Grand Avenue and 3100, 3104, 3114, 3124, 3150 & 3158 Florida Avenue located within the City of Miami, Florida. 3 SUBSTITUTED. "Public Facilities" means major capital improvements, including, but not limited transportation, sanitary sewer, solid waste, drainage, potable water, educational, parks and recrea streets, parking, and health systems and facilities. "Public Improvements" means the improvements to the City Property, inclusive Improvements and Fuller Street Improvements, to be designed and constructed by Dev benefit of the City and jointly financed with contributions from the Parties consistent wi forth hereinbelow. "Public Improvements Contribution" means the sum of the City Contributi Contribution. "Public Improvements Cost Estimate" shall have the meaning ascribe of the Agreement. e Park er for the e terms set nd the Developer the term in Section 11(c) "Revised Public Improvements Cost Estimate" shall have the aning ascribed to the term in Section 11(c) of this Agreement. "Term" means the duration of this Agreement which sh continue in force for 30 years thereafter, or expiration or ter authority provided pursuant to s. 163.3229, Florida Statutes (2 ommence on the Effective Date and tion of the same, consistent with the Section 4. Purpose. The purpose of this Agreem is for the City to authorize Developer to redevelop the Property pursuant to the terms of the i 21 Code and the City Code and enlist the Developer's assistance with the design, construction a financing of the Public Improvements adjacent to Owner's property. This Agreement will establish, of the Effective Date of this Agreement, the land development regulations that will govern the dev . ment of the Property and design, construction and financing of the Public Improvements, thereby . iding the Parties with additional certainty during the development process. Section 5. Intent. Developer and so as to effectuate the purpose of th Government Development Agreemen C. ntend for this Agreement to be construed and implemented mprehensive Plan, Existing Zoning, and the Florida Local t, s. 163.3220 — 163.3243, Florida Statutes (2025). Section 6. Applicability. T greement only applies to the Property described in Exhibit A. Section 7. minimum term of thirty (3 Miami -Dade County with consent of the Parties s Statutes (2025), and co The Agreement sha the land that shal legal represent Term of A Effect. This Agreement shall be for a ars from the Effective Date and shall be recorded in the public records of corded copy filed with the City Clerk. The Term may be extended by mutual ct to public hearing(s), pursuant to the authority granted in s. 163.3229, Florida tent with the hearing requirements set forth in s. 163.3225, Florida Statutes (2025). come effective on the Effective Date and shall constitute a covenant running with binding upon, and inure to the benefit of, the Parties, their successors, assigns, heirs, s, and personal representatives. ent Effective Date and Bindin 4 SUBSTITUTED. Section 8. Permitted Development Uses and Building Intensities. (a) Density, Intensity, Uses, and Building Heights. (1) As of the Effective Date, the intensity, Uses, and Building Heights p •sed for the Project are consistent with the intensities, Uses, and Building Height mitted by the Existing Zoning and the Comprehensive Plan. (2) Nothing herein shall prohibit the Developer from solicitin change of zoning, pursuant to the requirements of Article 7 of Miami 21, t• crease the density or intensity of development permitted on the Property, as lon • . such increase in density or intensity is consistent with the Comprehensive Plan a • e procedures established in Miami 21 as they exist on the Effective Date. (3) Nothing herein shall prohibit the Developer from project on the Property pursuant to the Section "Live Local Act"), as the same may be amend uesting approval of a qualifying .04151, Florida Statutes (2025) (the om time to time. (b) Environmental. The Developer shall be fired to comply with the requirements of Chapter 17 of the City Code, subject to the modifications se th herein, by performing tree replacement within the BID and within the City Park where possible. (1) Off -site replacement trees. Notwi where replacement within th enter into an agreement with in the following order of Main Highway and Gra one (1) mile of thebou further agrees to fa publicly -owned p Should Develop agree to, or m or undertak Departme Resourc install pen • •f (2) anding the requirements of Sec. 17-6.(e), Code, operty is not reasonably feasible, Developer may City to perform tree replacement on public property rfity: (i) within City Park; (ii) on Fuller Street between venue; (iii) within the boundaries of the BID; (iv) within es of the BID; or (v) within any City -owned park. The City to the permitting and planting of replacement trees on all rty within the aforementioned areas and within City parks. ndertake any tree replacement off -site for the Property, it shall arrangements for the provision, of water, trim, root, prune, brace, ny other necessary maintenance as may be required for by the f Resilience & Public Works and/or the Division Environmental or a period of not greater than one hundred eighty (180) days following n. Developer shall further warrant every off -site replacement tree for a one (1) year following the date of installation. installation, maintenance and guarantee. For all trees placed at the Property or its utting right-of-way, Developer shall install any needed irrigation and corresponding water meters required to support the growth of the right-of-way trees. Developer shall water, trim, root, prune, brace or undertake any other necessary maintenance as may be required for such trees located within the boundaries of the BID and shall warrant such trees for a period of one (1) year following installation. Parking Requirements. The Property is located within the boundaries of "Coconut Grov: llage Center" described in Sec. 35-221, Code, which area is benefited by the Coconut Grove Par • Trust Fund administered by the Department of Off -Street Parking ("DOSP" or "MPA"). Developer 5 SUBSTITUTED. intends to avail itself of the use of parking waiver certificates to satisfy, in part, its off-street . ing requirements for the Project. Notwithstanding the language in Sec. 35-221.(e), Code, regard' "food service establishments," parking requirements for Commercial Uses, including Fo. Service Establishments, shall be calculated at such rate set forth in Miami 21. Further, consistent wit e express terms of Sec. 35-224.(4), Code, Developer shall be granted credit for buildings built prior to 1 • demolished to facilitate the Project. Such credit shall be calculated based on the square footage and - ing Use(s) for the Building(s) being demolished or at the rate of 2 spaces per each existing off-street p ng space on the Property subject to demolition, whichever credit proves greatest. Section 9. Public Facilities. As of the Effective Date, Developer has coned an analysis of the Public Facilities available to serve the Project. In the event that the E ng Zoning and/or the Comprehensive Plan require Developer to provide Public Facilities to addre y deficiencies in required levels of service occasioned solely by future development on the Propert eveloper shall provide such Public Facilities consistent with the timing requirements of s. 163.3180 .. Stat. (2025), or as otherwise required by Chapter 13, Code, if applicable. Developer shall be b d by the City impact fees and assessments in existence as of the Effective Date of this Agreeme See Section 11 regarding Public Improvements. Section 10. Project Approval. (a) Future Development Review. Fu - development on Property shall proceed pursuant to and in accordance wi e processes and standards established in the Miami 21 Code and the City Co (b) Prohibition on Downzonin Section 11. enhancements agreed to ass improveme herein. The Comprehensiv the development laws and polici only if the d have been n, the Existing Zoning, and this Agreement shall govern e Property for the duration of this Agreement. The City's opted after the Effective Date may be applied to the Property inations required by s. 163.3233.(2), Florida Statutes (2025), following a public hearing or as otherwise provided herein. ii. Pursua• to s. 163.3233.(3), Florida Statutes (2025), this prohibition on dow ng supplements, rather than supplants, any rights that may vest to De per under Florida or Federal law. As a result, Developer may challenge ubsequently adopted changes to the land development regulations based (a) common law principles including, but not limited to equitable estoppel nd vested rights, or (b) statutory rights which may accrue by virtue of Chapter 70, Florida Statutes (2025). P c Improvements. In order to foster an enhanced aesthetic and quality of life e area surrounding the Project, Developer, for it and the City's mutual benefit, has e responsibility for the design and construction of the Public Improvements with said to be financed with contributions by the City and Developer in accordance with the terms City Park Improvements. Developer has proposed a series of enhancements to the public park, which include, but are not limited to, the following: (i) resurfacing, 6 SUBSTITUTED. (b) (c) striping, and fencing of public tennis courts; (ii) reconstruction of the hitting w (iii) exterior improvements to the existing tennis center building; (iv) constructio . new children's play area; (v) construction of new concession building; d (vi) improvements to public spaces, including: installation and replace i of turf; installation of wood decking below banyan tree in southeast corn: .f the park; landscaping and installation of water features throughout park; ani) installation of decorative perimeter fending (collectively, the "Park Improvem: '). Developer's conceptual plan for the park improvements is attached hereto as ' ibit B. Developer shall work with resident stakeholders and organizations to ze a design for the Kirk Munroe Park portion of Public Improvements, which design plan shall be approved by the City Commission. Fuller Street Improvements. Developer has proposed ries of improvements to the Fuller Street between Main Highway and Grand Av e, which include, but are not limited to, the following: (i) installation of deco e pavers; (ii) landscaping; (iii) specimen trees; (iv) signage; and (v) other corative elements. Developer's conceptual plan for the park improvements is .. hed hereto as Exhibit C. Developer shall work with the BID, local business ow ., and resident stakeholders to finalize the design for the Fuller Street portion of t. ublic Improvements, which final design shall be approved by both the BID and Commission. Financing of Public Improvemen Developer and City have agreed to jointly underwrite the cost of Public Imp -ments. The Parties estimate the total cost of the Public Improvements at Five :n and 00/100 Dollars ($5,000,000.00) (the "Public Improvements Cost Estimate" ith the City contribution of Three Million 00/100 Dollars ($3,000,000.00) (her 00/100 Dollars ($2,000,0 "Developer Contributio fter, the "City Contribution") and a Two Million and 0) contribution by the Developer (hereinafter, the (collectively, the "Public Improvements Contribution"). Following complet.of the design and permitting of the Public Improvements, Developer shall ent to City a revised Public Improvements Cost Estimate (the "Revised Publ. mprovements Cost Estimate"). Should the Revised Public Improvement ost Estimate exceed the Public Improvements Cost Estimate, the Parties shal derwrite the difference in their proportionate share, which additional City cont ' i tion shall be subject to appropriation of available funds by the City Comm_ ,n. In the event the City is unwilling or unable to fund their proportionate share e difference between the Revised Public Improvements Cost Estimate and the ' .lic Improvements Coste Estimate, Developer shall first prioritize the use of the P c Improvements Contribution towards the completion of the City Park rovements. Should the City Commission agree to appropriate its proportionate are of the difference between the Revised Public Improvements Cost Estimate and the Public Improvements Cost Estimate, Developer shall agree to underwrite any costs in excess of the Revised Public Improvements Cost Estimate. Competitive Solicitations for Design and Construction of Public Improvements. Pursuant to the terms of Sec. 287.055(2)(b), Florida Statutes (2025), known as the Competitive Consultants Negotiation Act ("CCNA"), the term "Agency" does not extend to a non -governmental developer that contributes public facilities to a political 7 SUBSTITUTED. (e) (f) Section 12. (a) subdivision under the Florida Local Government Development Agreement Ac Additionally, in no event shall any portion of the City Contribution be utilize connection with the purchase of services contemplated under the CCNA. Accord' design services provided in connection with the design of the Public Improv' -nts shall not be subject to the CCNA. Any expenditures incurred by the Dev . er in connection with the design of the Public Improvements shall be credited : inst the total amount of the Developer Contribution. Further, construction of the Public Improvements by Developer ha en authorized pursuant to the requirements of Sec. 255.20(c)(10), Florida Statutes 5). Through its adoption of this Agreement, but subject to the City Commiss' s adoption of the concurrent resolution authorizing the Development Manage Agreement, as such term is defined below, with regard to the construction of the .lic Improvements, the City Commission, by a vote of a two-thirds majority, has ermined that it is in the best interest of City award the Project to Developer who engaged the services of a licensed contractor to complete the work. Development Management Agreement. The de ' and construction of the Public Improvements shall be governed by the ter of a development management agreement (the "Development Management ement"). Upon the adoption of this Agreement, the City Manager is authorizenegotiate and execute a Development Management Agreement consistent with t orm attached in Exhibit D and in a final form acceptable to the City Attorney. In the event the Public Improvemen- e not completed at the time Developer applies for a Certificate of Use for Develo s Project on the Property, Developer shall prior to the issuance of requested Ce cate of Use for the Project provide a cash bond to the City in an amount equ ent to the unexpended portion of the Developer Contribution. Local Development Permits Development of th- •perty in accordance to Miami 21 and Code is contemplated by Developer. Red' opment of the Property may require additional permits or approvals fro City, Miami -Dade County, State or Federal government and any division ther- Subject to required legal process and approvals, the City shall make a good fait ort to take all responsible steps to cooperate with and facilitate all such approval .uch approvals include, without limitation, the following approvals and permit d any successor or analogous approvals and permits; Subdivision plat or waiver of plat approvals; Covenant, unity of title, or covenant -in -lieu of unity of title acceptance or the release of existing unities or covenants; iii. Building permits; iv. Certificates of use and/or occupancy; 8 (b) SUBSTITUTED. v. Stormwater permits; and vi. Any other official action of the City, Miami -Dade County, . nd other government agency having the effect of permitting develent of the Property. In the event the City substantially modifies its land dev- ,ment regulations regarding site plan approval procedures, authority to approve ' plans, buildings, or development on the Property shall be vested solely in th- ty Manager, with the recommendation of the Planning Director or any other re nt party. Any such site plan shall be approved if it meets the requirements and ria of the Existing Zoning, the Comprehensive Plan, and the terms of this Agree Section 13. Necessit of Com.l 'n• with Local Re Parties agree that failure of this Agreement to address a particular restriction in effect on the Effective Date shall not relieve Develope regulation governing said permitting requirements, conditions, Section 14. (a) Reservation of Development Rights. ulations R to Develo • ment Permits. The it, condition, fee, term, license, or the necessity of complying with the terms, licenses, or restrictions. For the term of this Agreement, City hereby agrees that it shall permit the development of the Property accordance with the Existing Zoning, the Comprehensive Plan, and this reement. (b) Nothing herein shall prohi ' . n increase in the density or intensity of development permitted at the Proper n a manner consistent with (i) the Existing Zoning and/or the Comprehe e Plan; (ii) any zoning change or other entitlement process subsequentl equested or initiated by Developer in accordance with applicable provisi• of law; or (iii) any zoning change subsequently enacted by the City. (c) Section 15. (a) The expirati of, or limit rights, o Agree of th r termination of this Agreement shall not be considered a waiver upon, the rights, including, but not limited to, any claims of vested uitable estoppel regarding claims arising during the term of this t; and Developer or its successor or assigns may continue development operty in conformity with all active development permits or development orgranted by the City. al Review. This Agreement shall be reviewed by the City once every 12 months, commencing 12 months after the Effective Date during the Term of this Agreement. The Owner, or Developer, shall submit an annual report to the City not later than 30 days following the anniversary date of the Agreement. The annual report shall contain a section by section description of Owner's, or Developer's, compliance with any obligations under this Agreement. 9 SUBSTITUTED. (b) (c) Any information required of Developer during an annual review shall be limite necessary to determine the extent to which the Developer is proceeding in goo comply with the terms of this Agreement. hat ith to If the City finds on the basis of competent substantial evidence that De •per has not proceeded in good faith to comply with the terms of the Agreem the City may terminate or amend this Agreement after providing thirty (30) da ritten notice to the Developer and following a public hearing held before the Ci ommission. Section 16. Notices. (a) All notices, demands and requests which may or are re shall, except as otherwise expressly provided, be in w service or sent by United States Registered or Certifi postage prepaid, or by overnight express delive parties at the addresses listed below. Any not' shall be deemed given when received. Any which fall on Saturday, Sunday, or United S performed timely when taken on the suc Saturday, Sunday or legal holiday. To the City: With a copy to: o Developer: City ► ager Ci Miami ed to be given hereunder g and delivered by personal ail, return receipt requested, such as Federal Express, to the iven pursuant to this Agreement ons required to be taken hereunder s legal holidays shall be deemed to be ing day thereafter which shall not be a Pan American Drive ami, FL 33133 City Attorney City of Miami Miami Riverside Center 444 S.W. 2nd Avenue, 9th Floor Miami, FL 33130 Planning & Zoning Director City of Miami Miami Riverside Center 444 S.W. 2nd Avenue, 9th Floor Miami, FL 33130 Coconut Grove Condo, LLC c/o The Allen Morris Company 121 Alhambra Plaza, Ste. 1600 Coral Gables, FL 33134 Any party to this Agreement may change its notification address(es) by providing written notification to the other party pursuant to the terms and conditions of this 10 SUBSTITUTED. section. Section 17. Exclusive Venue, Choice of Law, Specific Performance. It is mutually understood and agreed by the Parties that this Agreement shall be governed by the laws of the State of Florida, and an applicable federal law, both as to the interpretation and performance, and that any action at law, in equity or judicial proceedings for the enforcement of this Agreement or any provision hereof sh. .e instituted only in the courts of the State of Florida or federal courts and venue for any such ons shall lie exclusively in a court of competent jurisdiction in Miami -Dade County. In additio other legal rights, the Parties shall each have the right to specific performance of this Agreement in t. Each party shall bear its own attorney's fees. Each party waives any defense, whether asserted - otion or pleading, that the aforementioned courts are an improper or inconvenient venue. .reover, the parties consent to the personal jurisdiction of the aforementioned courts and irrevoy waive any objections to said jurisdiction. The parties irrevocably waive any rights to a jury tr Section 18. Authorization to Withhold Permits and Inspections. In the eve obligated to make payments or improvements under the terms of this Agree refrain from taking any other action under this Agreement and such oblig prior to the expiration of any applicable notice and/or cure period, in ad available, the City is hereby authorized to withhold any further permit any inspections or grant any approvals with regard to any portion of Agreement is complied with. This remedy shall be in addition to a this Agreement. Section 19. Voluntary Compliance. The Parties agree Agreement is struck down by judicial proceeding or preem continue to honor the terms and conditions of this Agree Section 20. No Oral Change or Termination. T appended hereto and incorporated herein by between the Parties with respect to the subject agreements or understandings between the Par change, modification, or discharge hereof in with Florida Statutes and is in writing an change, modification or discharge is soug Section 21. Compliance with A Agreement, throughout the term federal, state, or local laws, regula policies and procedures and or performance under this Agree e Developer is t or to take or s are not performed n to any other remedies r the Property and refuse roperty until such time this ther remedy provided for in in the event all or any part of this by legislative action, the Parties shall t to the extent allowed by law. greement and the exhibits and appendices ce, if any, constitute the entire Agreement r hereof. This Agreement supersedes any prior with respect to the subject matter hereof, and no le or in part shall be effective unless such complies gned by the party against whom enforcement of the his Agreement cannot be changed or terminated orally. ref able Law. Subject to the terms and conditions of this o is Agreement, the Parties shall comply with all applicable s, codes, ordinances, resolutions, administrative orders, permits, that govern or relate to the respective Party's obligations and all as they may be amended from time to time. Section 22. Re.resenta s• Re.resentatives. Each party represents to the others that this Agreement has been duly authorized, ivered and executed by such party and constitutes the legal, valid and binding obligations of such part forceable in accordance with its terms. Section 23. No lusive Remedies. No remedy or lection given by any provision in this Agreement shall be deemed clusive unless expressly so indicated. Wherever possible, the remedies granted hereunder upodefault of the other party shall be cumulative and in addition to all other remedies of 11 SUBSTITUTED. law or equity arising from such event of default, except where otherwise expressly provided. Section 24. Failure to Exercise Rights not a Waiver; Waiver Provisions. The failure by either pa - o promptly exercise any right arising hereunder shall not constitute a waiver of such right unless of • ise expressly provided herein. No waiver or breach of any provision of this Agreement shall coute a waiver of any subsequent breach of the same or any other provision hereof, and no waiver shall ffective unless made in writing. Section 25. (a) (b) (c) (d) Events of Default. Developer shall be in default under this Agreement if Develop ails to perform or breaches any term(s), covenant(s), or condition(s) of this Agree ' t which is not cured within thirty (30) days after receipt of written notice from the ' specifying the nature of such breach; provided, however, that if such breach ot be reasonably cured within thirty (30) days, then Developer shall not be in d It if it commences to cure such breach within thirty (30) days and diligently pro tes such cure to completion. The City shall be in default under this Agree breaches any term, covenant, or condition of t cured within thirty (30) days after receipt of w the nature of such breach; provided, howeve cured within thirty (30) days, then City s such breach within thirty (30) days and It shall not be a default under this court of competent jurisdiction. survive such bankruptcy of e. terminate this Agreement up if the City fails to perform or greement and such failure is not en notice from Developer specifying at if such breach cannot be reasonably ot be in default if it commences to cure ently prosecutes such cure to completion. ement if either party is declared bankrupt by a rights and obligations in this Agreement shall party. The Parties hereby forfeit any right to e bankruptcy of the other party. The default of a successo assignee of any portion of Developer's rights hereunder shall not be deemed a b h by Developer. Section 26. Remedies Upon Default. (a) (b) Section 27. any extent, h application shall cont Neither party except as pro 16(c) of this terminate this Agreement upon the default of the other party, d otherwise in this Agreement, including but not limited to in Section reement, but shall have all of the remedies enumerated herein. Upon t, • ccurrence of a default by a party to this Agreement not cured within the appli• e grace period, Developer and the City agree that any party may seek specific per - ance of this Agreement, and that seeking specific performance shall not waive a ' fight of such party to also seek monetary damages, injunctive relief, or any other of other than termination of this Agreement. erability. If any term or provision of this Agreement or the application thereof, shall to ter be determined to be invalid or unenforceable, the remainder of this Agreement or the er than those as to which it is held invalid or unenforceable shall not be affected thereby and e in full force and effect. 12 SUBSTITUTED. Section 28. Assignment & Transfer. This Agreement shall be binding on Developer and successors and assigns, including the successor to or assignee of any Property interest. Develop discretion, may assign, in whole or in part, this Agreement or any of its rights and obligations may extend the benefits of this Agreement, to any holder of a property interest without t consent of, or any other approval of, the City. Notice of any assignment or transfer shall City in accordance with the requirements of Section 17. Any such assignee shall, be i acceptable to the City Attorney, assume all applicable rights and obligations under upon such assumption, the assigning party shall be released from all obligations ass Section 29. Obligations Surviving Termination Hereof. Notwithstandi term or provision to the contrary contained herein, in the event of any lawful t the following obligations shall survive such termination and continue expiration of a one-year term following the earlier of the effective date of of the Term: (i) the exclusive venue and choice of law provisions cont arising during or attributable to the period prior to expiration or earl' the indemnification provision; and (iv) any other term or provisio that it survives the termination or expiration hereof or is or expiration or permitted early termination hereof. Section 30. Lack of Agency Relationship. Nothing co an agency relationship between the City and Develope contractors, subsidiaries, divisions, affiliates, or g employees, or contractors of the City for any purpo employees shall not be deemed contractors, ag divisions, or affiliates. Section 31. (a) Coo.eration• Ex edited Pe The Parties agree to co terms and conditio all aspects of thei The City shall r to assist Dev will accom eirs, its sole under, or rior written rovided to the riting in a form s Agreement, and ed by such assignee. d prevailing over any nation of this Agreement, i 1 force and effect until the termination or the expiration d herein; (ii) rights of any party ermination of this Agreement; (iii) ein which expressly indicates either e applicable or effective beyond the ed herein shall be construed as establishing d neither Developer or its employees, agents, s shall be deemed agents, instrumentalities, ereunder, and the City, its contractors, agents, and , or employees of Developer or their subsidiaries, • Time of the Essence. rate with each other to the full extent practicable pursuant to the f this Agreement. The Parties agree that time is of the essence in spective and mutual responsibilities pursuant to this Agreement. nably cooperate to expedite the permitting and approvals in an effort er in achieving its development and construction milestones. The City ate requests from Developer's general contractor and subcontractors for review o ased or multiple permitting packages, such as those for excavation, site work a foundations, building shell, core, and interiors. In addition, the City will desi - an individual within the City Manager's office who will have a primary (the • , not exclusive) duty to serve as the City's point of contact and liaison with D oper in order to expedite the processing and issuance of all permit and license lications and approvals across the various departments and offices of the City which ave the authority or right to review and approve all applications for such permits and licenses. Notwithstanding the foregoing, the City shall not be obligated to issue development permits to the extent that Developer does not comply with the applicable requirements of the Existing Zoning, the Comprehensive Plan, this Agreement, and the applicable building codes or regulations. 13 Section 32. Enforcement. (a) (b) SUBSTITUTED. If Developer, or its successors or assigns, fails to act in accordance with th Existing Zoning or this Agreement, the City shall seek enforcement o upon the subject Property. ms of the id violation Enforcement of this Agreement shall be by action against an arties or persons violating, or attempting to violate, any covenants set forth in this : eement. Each Party shall bear their own attorneys' fees and costs. (c) This enforcement provisions shall be in addition to any ot► remedies available at law, in equity or both. Section 33. Amendment or Termination by Mutual Consent. This terminated during its term except by mutual, written agreement provided otherwise in this Agreement, including but not limited t or termination of this Agreement during its term, the City shal and deliberate such amendment or termination. reement may not be amended or eveloper and the City, except as ction 16(c). Prior to any amendment d two (2) public hearings to consider Section 34. Third Party Defense. Developer agrees to ' emnify and defend the City from and against any and all claims, suits, appeals, demand, liabilities, an' uses of action of any nature by or on behalf of any person, firm or corporation, against the City relatto or arising from this Agreement or relating to or arising from any Development on the Property ► uant to this Agreement and from and against all costs, fees, expenses, liabilities, any orders, judg ts, or decrees which may be entered and from and against all costs for attorneys fees, expenses, an bilities incurred in the defense of such claim or in the investigation thereof. This includes, without]: ation, a (i) consistency challenge pursuant to s. 163.3215, Florida Statutes (2025); (ii) petition for writ ..' rtiorari; (iii) an action for declaratory judgment; or (iv) any claims for loss, damage, liability, or expe including reasonable attorneys' fees). In the event that any action or proceeding is brought against t ity by reason of a claim, Developer, upon notice from the City, shall, at its expense, defend the actio proceeding by counsel chosen by the City and approved by the Developer, including the City Atto s office or outside counsel. The City retains the right to make all decisions with respect to its repres . tions in any legal proceeding, including its inherent right to abandon or settle litigation. Section 35. No Conflic Effective Date, with respe Section 36. No T Interest. Developer agrees to comply with Section 2-612, Code, as of the conflicts of interest. -Party Beneficiary. No persons or entities other than Developer and the City, their heirs, successo . nd assigns, shall have any rights whatsoever under this Agreement. Section 37. unterparts. This Agreement may be executed in two (2) or more counterparts, each of which shall c. itute an original but all of which, when taken together shall constitute one and the same agreement. Parties shall be entitled to sign and transmit an electronic signature of this Agreement (whether facsimile, PDF or other email transmission), which signature shall be binding on the party whose • e is contained therein. Any party providing an electronic signature agrees to promptly execute and . er to the other parties an original signed Agreement upon request. 14 SUBSTITUTED. NOW, WHEREOF, the City and the Developer have caused this Agreement to be duly executed. [Signature Pages to Follow] IN WITNESS hereof the parties have cause this Agreement to be duly entered into and signed of the date written above. Witnesses: Print Name: Print Name: STATE OF FLORIDA MIAMI-DADE COUNTY COCONUT GROVE CONDO, LLC, a Delawa ited liability company By: Print Name: Yazmin Gil Title: Manager The foregoing instrument was acknowled by Yazmin Gil, as Manager of Coconut Grove personally known to me or who produced My commission expires: before me this day of o, LLC, a Delaware limited liability company, who is as identification. NOTARY PUBLIC, State of Florida 15 SUBSTITUTED. IN WITNESS hereof the parties have caused this Agreement to be duly entered into and signed of the date written above. ATTEST: Todd Hannon, City Clerk APPROVED BY THE PLANNING DEPARTMENTAS TO CONTENT: David Snow, Planning Director APPROVED AS TO LEGAL FORM AND CORRECTNESS: George K. Wysong III, City Attorney 16 CITY OF MIAMI, a municipal corporatio located within the State of Florida By: Print Name: Arthur -ga, V Title: City M - ger SUBSTITUTED. OWNER JOINDER AYME PROPERTIES, LLC, a Florida limited liability company, whose mailing address 54th Avenue, Miami, FL 33143 ("Owner"), which is the owner of the following described pro "AYME Properties"): 325 SW (ies) (the Tracts "A" and "B" of HAAS PROPERTIES, according to the Plat thereof, recorded i at Book 51, at Page 65 of the Public Records of Miami -Dade County, Florida. Also known as: 3101 & 3131 Grand Avenue, Miami, FL (Folio No. 01-4121-03 030-0010) Hereby agrees to join in the Agreement. WITNESSES: Printed Name: Printed Name: OWNER: 20 & 01-4121- AYME • PERTIES, LLC, a Florida limited com y: Cristina Espinosa Its: Manager Member The foregoing instrument was a wledged before me this day of , 2025, by , as Manager Mem of AYME PROPERTIES, LLC, a Florida limited liability company, who is personally known to •r has produced as identification. Printed Name: Notary Public My Commission Expires: 17 SUBSTITUTED. OWNER JOINDER AYME FLORIDA AVENUE PROPERTIES, LLC, a Florida limited liability co y, whose mailing address is 8325 SW 54th Avenue, Miami, FL 33143 ("Owner"), which is the owner • e following described property(ies)(the "AYME Florida"): Lot 2, 3, 4, 5 & 6, Block 2 of CHARLES H. FROW SUBDIVISION, accordi o the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miam de County, Florida. Also known as: 3104, 3114, 3124, 3150 & 3158 Florida Avenue (Folio ► 01-4121-032-0120, 01-4121-032-0130, 01-4121-032-0140, 01-4121-032-0150 & 01-4121-0 60) Hereby agrees to join in the Agreement. WITNESSES: OWNE AY FLORIDA AVENUE PROPERTIES, , a Florida limited company Printed Name: By: Cristina Espinosa Its: Manager Member Printed Name: The foregoing instrument wa knowledged before me this day of , 2025, by , as Manager Me er of AYME FLORIDA AVENUE PROPERTIES, LLC, a Florida limited liability company, who is pe ally known to me, or has produced as identification. 18 Printed Name: Notary Public My Commission Expires: SUBSTITUTED. OWNER JOINDER 3101 GROVE TRUSTEE, LLC, a Delaware limited liability company, whose mailing address is Alhambra Plaza, PH1, Coral Gables, Florida 33134 ("Owner"), which is the owner of the follo described property(ies)(the "Company"): Lot 1, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Flor Less the East five (5) feet and North five (5) feet of Lot 1, Block 2, according thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami-D Florida, as conveyed by Warranty Deed recorded in Deed Book 3791, Page 22 in Official Records Book 5018, Page 116, of the Public Records of Miam Florida. Also known as: 3100 Florida Avenue (Folio No. 01-4121-032-0118) Hereby agrees to join in the Agreement. WITNESSES: OWN Printed Name: Printed Name: t• e Plat ounty, -recorded de County, 311 . ROVE TRUSTEE, LLC, a Delaware 1. ed company By: Yazmin Gil Its: Authorized Representative The foregoing instrument was . owledged before me this day of , 2025, by Yazmin Gil, as Authorized Representative of 1 GROVE TRUSTEE, LLC, a Florida limited liability company, who is personally known to me, or . produced as identification. Printed Name: Notary Public My Commission Expires: 19 SUBSTITUTED. EXHIBIT A OWNERS PROPERTY DESCRIPTION 20 SUBSTITUTED. Address: 3101 Grand Avenue, Miami, FL Folio No.: 01-4121-030-0020 Owner: AYME Properties, LLC Legal Description: Tract "B" of HAAS PROPERTIES, according to the Plat thereo corded in Plat Book 51, at Page 65 of the Public Records of Miami -Dade Co y, Florida. Address: 3101 Grand Avenue, Miami, FL Folio No.: 01-4121-030-0010 Owner: AYME Properties, LLC Legal Description: Tract "A" of HAAS PROPERTIES, according to lat thereof, recorded in Plat Book 51, at Page 65 of the Public Records of '-Dade County, Florida. Address: 3100 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0118 Owner: 3101 Grove Trustee, LLC Legal Description: Lot 1, Block 2 of CHARLES H. FR as recorded in Plat Book 13, Pa Florida. UBDIVISION, according to the Plat thereof, of the Public Records of Miami -Dade County, LESS the East five (5) feet . North five (5) feet of Lot 1, Block 2, according to the Plat thereof, as recorde. Plat Book 13, Page 53 of the Public Records of Miami - Dade County, Florid. . conveyed by Warranty Deed recorded in Deed Book 3791, Page 226, re-r: ded in Official Records Book 5018, Page 116 of the Public Records of Miam' : de County, Florida. Address: 3104 Florida nue, Miami, FL Folio No.: 01-4121-03 Owner: AYME F1' . a Avenue Properties, LLC Legal Description: Lot 2, . ck 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, rded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, F da. Address: 114 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0130 Owner: AYME Florida Avenue Properties, LLC Legal Descri. n: Lot 3, Block 2 of CHARLES H. FROW SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Miami -Dade County, Florida. 21 SUBSTITUTED. Address: 3124 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0140 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 4, Block 2 of CHARLES H. FROW SUBDIVISION, according to lat thereof, as recorded in Plat Book 13, Page 53 of the Public Records of Mia P ade County, Florida. Address: 3150 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0150 Owner: AYME Florida Avenue Properties, LLC Legal Description: Lot 5, Block 2 of CHARLES H. FROW SUBDIVISIO as recorded in Plat Book 13, Page 53 of the Publi Florida. Address: 3158 Florida Avenue, Miami, FL Folio No.: 01-4121-032-0160 Owner: AYME Florida Avenue Properties, LL Legal Description: Lot 6, Block 2 of CHARLES H. FR as recorded in Plat Book 13, Pa Florida. 22 ccording to the Plat thereof, cords of Miami -Dade County, UBDIVISION, according to the Plat thereof, of the Public Records of Miami -Dade County, SUBSTITUTED. EXHIBIT B CONCEPTUAL PARK PLANS 23 SUBSTITUTED. EXHIBIT C CONCEPTUAL FULLER STREET IMPR I ENTS 24 SUBSTITUTED. EXHIBIT D DEVELOPMENT MANAGEMEN ' : GREEMENT 25 SUBSTITUTED. THIS DEVELOPMENT MANAGEMENT AGREEMENT (hereinafter, the "Agreement" ade and entered into this _ day of , 2025 by and between the CITY OF MIAMI, FLORIDA, orida municipal corporation (hereinafter, the "City"), and COCONUT GROVE CONDO, LLC, elaware limited liability company doing business in the State of Florida, (hereinafter, "Development nager" or "AMCO"). WITNESSETH: WHEREAS, the City desires to enter into an Agreement for the enhance Munroe Park and portions of the public rights -of -way along Grand and Oak Fuller Streets located in the Coconut Grove neighborhood (the "Project"), and to portions of Kirk ues and Matilda and WHEREAS, Development Manager is the sponsor of a mi use condominium project, comprised of retail, office and residential condominium uses, located on . : ssemblage bounded by Grand Avenue to the South, Oak Avenue to the North, and Matilda Street to East, and immediately South of Kirk Munroe Park (the "AMCO Grove Project"), which Develo y nt Manager intends to construct concurrently with the Project; and WHEREAS, Development Manager represents that it r esses the requisite expertise and desires to enter into an Agreement to act as the development manato provide the services as set forth herein; and WHEREAS, this Agreement serves a muni .1 purpose and primarily effectuates a public purpose furthering the general health, safety an. -lfare of the City as it enhances, improves and embellishes the public infrastructure and rights -of y, and thoroughfares in the "Coconut Grove" area of the City which has undergone a recent renaiss • and become one of South Florida's premiere "Live, Work, Play" communities for both residents a ' isitors alike; and WHEREAS, pursuant to Resolu No. - , passed on , 202_, the City Commission allocated the required $3,' ,,000.00 (the "City Contribution") match to secure the match offered by the Development Mana:, in the amount of $2,000,000.00 (the "Development Manager Contribution"); and WHEREAS, this Agree t implements the expenditure of a sum not to exceed the amount of the City Contribution to be expe • . solely on work comprising part of the Project which money is a not a charge against the genera ds or accounts of the City but is limited to the amount of the City Contribution as a mat o Development Manager Contribution, which Development Manager Contribution is contin allocated solely from underwrite the cost upon the City's provision of the City Contribution, which funding has been City's Capital Improvements Program ("CIP") the Project within the Coconut Grove district; and No. B- to WHER ., Development Manager has agreed to retain a qualified general contractor ("Contractor" perform the scope of work comprising the Project, as described herein below, within the available fu . and cover the costs of any funding shortfalls to complete the desired improvements; and EREAS, the City Commission has authorized the City Manager to execute and enter into this Agre: nt by its adoption of Resolution No. 25- on , 2025; 26 [UBSTITUTED. I NOW THEREFORE, in consideration of the mutual covenants set forth herein the City and Development Manager, agree as follows: SECTION 1- TERMS AND CONDITIONS 1. INCORPORATION BY REFERENCE; OVERVIEW The foregoing recitals, the Exhibits to this Agreement, and the prior Agreements, ordin. •s and resolutions referenced in this Agreement are all deemed as being incorporated by reference he as if set forth in full in this Section of the Agreement. This Agreement covers the services of Develop 1 Manager for the design, permitting, construction, and installation of improvements to: (i) the C awned park located at 3120 and 3152 Oak Avenue, Miami, Florida 33133 ("Kirk Munroe Park"); (ii) . ions of Grand Avenue, Oak Avenue, and Matilda Street adjoining the AMCO Grove Project; and (iii) t • . ortions of Fuller Street located between Grand Avenue and Main Highway (the "Project"). The Work er this Agreement will be solely performed over areas which are owned by a public agency (e.g. Cit ounty or State). No work under this Agreement will be performed on privately owned property. A c• -ptual description and depiction of the Project is more fully described in the plans and specifications ' uded in Attachment "A" (the "Conceptual Project Plans"). The Development Manager, through an tect/Engineer retained by the Development Manager, shall develop and permit final design plans fo ' e improvements comprising the Project which are consistent with the Conceptual Project Plans (the "' .lect Plans"). The Project Plans shall be approved by the City Manager, which approval shall not be asonably withheld, conditioned or delayed. 2. INTENTION OF CITY It is the intent of City to have the Project construct n accordance with the Conceptual Project Plans and in accordance with all codes and regulations g• rung construction of the Project. Any work, materials or equipment that may reasonably be inferred the Project Plans as being required to produce the intended result shall be supplied by Developme / anager, through its Contractor, whether or not specifically called for. When words, which have a 1-known technical or trade meaning, are used to describe work, materials or equipment, such worall be interpreted in accordance with that meaning. Reference to standard specifications, manuals, o : es of any technical society, organization or association, or to the laws or regulations of any govern • tal authority, whether such reference be specific or by implication, shall mean the latest standard cification, manual, code or laws or regulations in effect at the time of contract approval and Develo' nt Manager shall require that Contractor comply therewith. City shall have no duties other than tho uties and obligations expressly set forth herein. 3. DEFINITIONS "AMCO Grove Pro " refers to the a mixed -use office and residential condominium project proposed to be ' eloped on an land assemblage totaling approximately 1.66 acres +/- bounded by Gr Avenue on the South, Matilda Street on the East, and Florida Avenue on the North totg and having a principal address of 3101 Grand Avenue, Miami, Florida. ii. "Archite gineer" means the Architectural and/or Engineering firm(s) retained by the Develo• -nt Manager for the preparation of the Project Plans in connection with the Project. Deve ent Manager's selection of any of the following architectural or engineering firm she deemed approved by the City: La Casona Gardens Designs Corp.; Naturalficial, Inc.; 27 SUBSTITUTED. Oppenheim Architecture & Design, LLC; Arquitectonica; Arquitectonica GEO Corporatio Raymond Jungles, Inc.; Langan Engineering, Environmental, Surveying & Landsc Architecture, Design Professional Corporation; and Kimley Horn & Associates, Inc e Architectural and/or Engineering firms are referred to herein as the "A/E." Any seleof an A/E firm not listed hereinabove shall be approved by the City Manager. iii. "City" means the City of Miami, Florida, a Florida municipal corporation. I. respects hereunder, City's performance is pursuant to the City's capacity as owner of th oject. In the event the City exercises its regulatory authority as a governmental body, th ercise of such regulatory authority and the enforcement of any rules, regulations, codes, 1, . and ordinances shall be deemed to have occurred pursuant to City's authority as a go / mental body and shall not be attributable in any manner to the City as a party to t Agreement. For the purposes of this Agreement, "City" without modification shall m the City Manager or Director, as applicable. iv. "City Commission" means the legislative body of the City of m v. "City Contribution" means the Three Million and No/100 ' lars ($3,000,000.00) contribution provided by the City or agency of the City to underwrit .ortion of the Project Cost. vi. "City Manager" means the duly appointed chief ad strative officer of the City of Miami. vii. "Development Manager Contribution" me. the Two Million and No/100 Dollar ($2,000,000.00) contribution provided by the Dopment Manager to underwrite a portion of the Project Cost. viii. "Conceptual Project Plans" means the iminary design plans for the Project attached and made part of the Agreement and incl : in Exhibit A. ix. "Construction Change Directive" eans a written directive to effect changes to the Project, prepared by the A/E and or De v . ment Manager and executed by the City. x. "Contract Documents" Agreement. this the documents described in Section 1, Article 7 of this xi. "Contractor" means entity responsible, pursuant to its Construction Agreement with Development Manor its related companies for performing the Construction Work and who is licensed, . : ed, and insured to perform this Project in accordance with the terms of the Agreement etween the Development Manager or its affiliates and the Contractor. The Contractor u ' r this Agreement shall be a licensed general contractor selected by the Developme anager. Development Manager intends to enlist the services of one of the followin; s: (i) Coastal Construction Group of South Florida, Inc.; (ii) Brasfield & Gorrie, LLC; uneau Construction Company, LLC; and (iv) VPI Builders;/ Veitia Padron Inc.. Selec ' of any of the aforementioned Contractors by Development Manager shall be deemed ap . ed by the City. Selection of any Contractor other than those listed hereinabove shall be a ' oved by the City Manager, which approval shall not be unreasonably withheld, ditioned or delayed. The Contractor's means and methods of construction shall be erformed by it under applicable laws, rules, regulations, codes and construction practices. 28 SUBSTITUTED. 1 xii. "Construction Work" means all of the construction elements of the Project require y this Agreement. xiii. "Contract Time" means the time period defined in this Agreement for the evelopment Manager to complete the Project. xiv. "Cure" means the action taken by the Development Manager, either . ' tly or through its Contractor, promptly after receipt of written notice from the City of a b ch of the Agreement for the Project, which shall be performed at no cost to the City, to r ir, replace, correct, or remedy all material, equipment, or other elements of the Project o - Agreement affected by such breach, or to otherwise make good and eliminate suc each, including, without limitation, repairing, replacing or correcting any portion o e Project site disturbed in performing such cure. xv. "Cure Period" means the period of time in which the V elopment Manager is required to remedy deficiencies in the Work or compliance with ontract Documents after receipt of written notice to Cure from the City identifying the ciencies and the time to Cure. xvi. "Design Documents" means the construction p s and specification prepared by A/E(s) for this Project under separate agreement(s) wite Development Manager or Contractor, as applicable. xvii. "Development Manager" is the entity o provides development services for the City as Owner for the Design and Constructi ases of this Project covered by this Agreement. The Development Manager possesses t -quisite training and experience to make decisions on behalf of the Owner and give ce on the time and cost consequences of design and construction decisions, schedu ' cost control, coordination of contract negotiations and awards, timely purchasing . " itical materials and long -lead items, and coordination of development activities. Th- velopment Manager under this Agreement is Coconut Grove Condo, LLC. The Devel. ent Manager is responsible for supervising and directing the Contractor for the wor ded by this Agreement. Development Project Manager means the person designated by " elopment Manager as its lead representative to the City. The person is an agent of the velopment Manager and his or her actions bind the Development Manager. The 1-lopment Manager shall have the authority to obligate and bind Development . ger and to act on all matters on behalf of Development Manager except for revisions to t ontract Documents. The Development Manager shall mean Coconut Grove Condo, LL • e failure of the Contractor, any Sub -Contractor, or any other third party to perform obligations under agreements with the Development Manager or its affiliates, whethe' ated to the Construction Work or otherwise connected to the Project, shall not reliev e Development Manager of its obligations set forth herein, including, without lint' on, those obligations intended to be fulfilled through the services of such Contractor, S ontractor, or third party. xviii. 1 irector" means the Director of the Office of Capital Improvements or his/her designee, who has the authority and responsibility for managing the Project under this Agreement. "Drawings" means the graphic and pictorial portions of the Project Plans, which show the 29 SUBSTITUTED. design, location and dimensions of the Construction Work to be performed, including, out limitation, all notes, schedules and legends on such Drawings as prepared by the (s) in Attachment "A". xx. "Excusable Delay" means any delay in the performance of the Work that .eyond the reasonable control of the Development Manager, which materially affects t rogress of the Work, and which is not attributable to the fault, negligence, or breach oe Development Manager or its subcontractors. Excusable Delays include, but are not 1. ed to: (i) differing site conditions or concealed physical conditions not reasonably forese e; (ii) unreasonable delay in the receipt of necessary permits, approvals, or inspections . sed by governmental authorities (other than delays resulting from Development Mer's noncompliance or failure to timely submit required applications); and (iii) City-dir- • changes, suspensions, or delays in the Work; (iv) delay in City's delivery of information City is obligated to provide. For clarity, Excusable Delays shall not include a Force Maje vent. xxi. "Field Directive" means a written approval for the De Work requested by the City or the A/E(s), which is additional cost. pment Manager to proceed with r in nature and should not involve xxii. "Final Completion" means the date subsequent - e date of Substantial Completion at which time the Development Manager, through it retractor, has completed all the Project in accordance with the Agreement as certi ' by the A/E or the City and submitted all documentation required by the Agreeme xxiii. "Final Design Plans" means the des plans for the Project developed by the A/E for the Development Manager and approv y the City. xxiv. "Force Majeure Event" means ' event or circumstances beyond the reasonable control of the Development Manager o , subcontractors that prevents, delays, or materially delays impairs the performance of Work under this Agreement, provided such event could not reasonably have been a • ated or avoided. Force Majeure Events include, but are not limited to: (i) Acts of , such as earthquakes, floods, hurricanes, tornadoes, lightning, or other natural disaste ii) epidemics, pandemics, or public health emergencies (including governmental restr .ns arising therefrom); (iii) acts of war, terrorism, civil commotion, or insurrection; (iv) oreseen governmental actions, embargoes, orders, or changes in law or regulations; (v) es, lockouts, or other labor disputes not limited to Development Manager's own employ: and (vi) widespread shortages or unavailability of materials, equipment, energy, or sportation services due to causes beyond the Development Manager's control. For clarit •rce Majeure Events shall not include normal adverse weather conditions, delays caused ly by the negligence or fault of the Development Manager, or financial difficulties. xxv. "G . nteed Maximum Cost" means the sum established in this Agreement and related ments as the maximum cost to the City for performance of all work pursuant to the terms 's Agreement. The guaranteed maximum cost of the Project is $5,000,000.00, which consists f the City Contribution referenced in the Whereas clauses and the Development Manager Contribution. The City shall not be liable for any reimbursable expenditure, cost, fee, charge, damage, expense, assessment or imposition relative to or arising by virtue of this Agreement beyond the amount of the City Contribution comprising its portion of the Guaranteed 30 SUBSTITUTED. Maximum Cost ("GMC"), which shall be the maximum cost to the City for performance of the Project. The City acknowledges that it may cost more to complete the Project. However, any excess cost over the GMC and not included in an approved Change Order or Construction Change Directive ("CCD") shall be paid for by the Development Manager or others. xxvi. "Notice To Proceed" means a written letter or directive issued by the Director or City's P •ct Manager acknowledging that all conditions precedent have been met and directing the Development Manager, through its Contractor, may begin the Project or a specific t of the Project. xxvii. "Project" means the design, permitting, and installation of improvements to: 'rk Munroe Park; (ii) portions of Grand Avenue, Matilda Street, and Florida Avenue adjo g the Coconut Grove Condo Project; and (iii) the portions of Fuller Street located between ' . nd Avenue and Main Highway specified in this Agreement as contemplated and budget' .y the City. xxviii. "Project Cost" means the total cost of the Work, which amount is est ed at Five Million and No/100 Dollars ($5,000,000.00). xxix. "Project Manager" means an employee or representative of t ity assigned by the Director to monitor the Project to be performed under this Agreeme d the design and construction of the Project which has not been delegated to the Devel. ent Manager. Notwithstanding any language contained herein to the contrary, in no e t shall the City's Project Manager have any authority to modify the terms of this Agree t or otherwise waive the obligations of the Development Manager as set forth herein. xxx. "Project Plans" means the Final Design Plans d permitted plans for the improvements comprising the Project. xxxi. "Punch List" means a compilation of ite r • f Construction Work required to be performed by, or through the Development Ma. ,er prior to or after the Substantial Completion inspection and prior to Final Complet' and payment. xxxii. "Record Set" means the copy of Drawings, Specifications, and other modifications of the Agreement to be maintained at Project site by the Contractor, in good order and marked currently to record changes : shall include additions, revisions, modifications, change orders, approved substituti' shop drawings and accurate dimensioned locations for items recorded, including but n' mited to, all underground utilities. xxxiii. "Request For Infor ion (RFI)" means a request from the Contractor seeking an interpretation or clation by the A/E(s) relative to the Agreement and/or the Drawings. The RFI, which shall clearly marked RFI, shall clearly and concisely set forth the issue(s) or item(s) requiri arification or interpretation and why the response is needed. The RFI must forth the Co tor's interpretation or understanding of the document(s) in question, along with the refor such understanding. xxxiv. "Risk inistrator" means the City's Risk Management Administrator, or designee, or the indiv al named by the City Manager to administer matters relating to insurance and risk of los the City. 31 SUBSTITUTED. xxxv. "Schedule of Values" means a written schedule setting forth the detailed and itemized breakdown, inclusive of labor, material, and taxes of all elements of the Project. The sch (attached) shall be used to bill against monthly based on a percentage of completion. xxxvi. "Specifications" as used herein means the portion of the Contract Documents w are the written requirements for the materials, equipment, systems, standards and wor . nship for completion of the Project and performance of related services. "Sub-Contractor(s)" means a person or entity other than material person direct contract with the Contractor to perform or supply a portion of the "Submittals" mean documents prepared by the Development Ma working on their behalf to show a particular aspect of the Construc and installed. Such submittals include shop drawings, product results, warranties, maintenance agreements, Project photog measurement data, operating and maintenance manuals, re information described in the Agreement. borer that has a struction Work. r, Contactor or those Work is to be fabricated a, samples, mark-ups, test s, record documents, field s, certifications and any other xxxix. "Substantial Completion" means that point at whic e Construction Work is at a level of completion in substantial compliance with the Agre' -nt such that the City and members of the general public can use, occupy, and/or opera - e facility in all respects to its intended purpose. Substantial Compliance shall not be emed to have occurred until any and all governmental entities, which regulate or have ' sdiction over the Project, have inspected, and approved the Project. xl. "Work" as used herein refers to all pre struction, construction and other services required by the Contract Documents, induct' all labor, materials, equipment, procurement and services needed to complete the Pro' 4. SCOPE OF WORK Development Manager, either ' f or through its Contractor, shall provide all management, supervision, manpower, equipment, s, and all other necessary goods and services for the Project as detailed in the attached specificat' ., drawings and plans as contained in Attachment "A," and in accordance with the Contract Doc ents. 5. FINAL DESIGN PLAN It is the express developed in consultat meet with such neigh not limited to, the Coconut Grove E of -way compri preferences/f later than 1 discretio LOPMENT nt of the City and Development Manager that the Final Design Plan be with neighborhood stakeholders. The City and Development Manager shall ood stakeholders identified by the District 2 City Commissioner, including, but onut Grove Business Improvement District, the Parent-Teacher Association for entary School, and business and property owners abutting the portions of the right - part of the Project, to discuss the various elements of the Project and solicit their ack. The Final Design Plan shall be presented to the City Commission for approval not ays following execution of this Agreement, unless that date is further extended at the sole he City Manager upon written request for such an extension from the Development Manager 32 SUBSTITUTED. or District 2 City Commissioner. 6. CONTRACT VALUE AND PROTECT COST The Development Manager shall comply with the terms of this Agreement for no pensation. Payments shall be made for elements of the Project performed and accepted by the C. Total cost to complete the Project is estimated equal to the Project Cost. The Development Manager s cover or ensure that others cover any and all cost overruns necessary to complete the Project xcess of the City Contribution. 6. TIME IS OF THE ESSENCE; TIME FOR COMPLETION; TERM Time is of the essence in the performance of this Agreement. Dev or through its Contractor, will promptly perform its duties under the the completion of the Project as much priority as is necessary to cau timely basis in accordance with the Contract Documents. Development Manager shall ensure that all elements substantially completed, as evidenced by certificate of occup seven (7) years from the date of City Commission approval The term of this Agreement shall extend one (1) year past 7. CONTRACT DOCUMENTS The Contract Documents shall consist of Drawings and Specifications, approved writ Construction Change Directives, and any mo effective if it is reduced to writing, and Constructive Change Directive shall be eff general intent of the Contract Docume completion of the Project by the Deve 8. PRIORITY OF PROVISIONS If there is a conflict or exhibit attached hereto, any Agreement by reference A/E, or provision of thi ment Manager, either itself ract Documents and will give e Project to be completed in a e Project under this Agreement are or completion for the by not later than , 202_ ("Completion Date"). Completion Date. s Agreement, and to the extent duly approved, the interpretations and clarifications, Field Directives, ations. Any modification to this Agreement shall only be executed by both parties, except a Field Directive or ve after approval and execution by Director or designee. The s to include all items necessary for the proper execution and ent Manager and its Contractor. onsistency between any term, statement requirement, or provision of any ment or events referred to herein, or any document incorporated into this a term, statement, requirement, the specifications and plans prepared by the reement the following order of precedence shall apply: In the even conflicts in the Contract Documents the priorities stated below shall govern: • .proved revisions to the Contract Documents shall govern over the Contract Documents No section of the specifications or plans shall govern over the Contract Terms and Conditions roject Plans and Specifications shall govern over plans and drawings. In the event of conflicts with the plans the priorities stated below shall govern: 33 SUBSTITUTED. • Schedules, when identified as such shall govern over all other portions of the pl • Specific notes shall govern over all other notes, and all other portions of the ns, unless specifically stated otherwise • Larger scale drawings shall govern over smaller scale drawings • Figured or numerical dimensions shall govern over dimensions o • ed by scaling • Where provisions of codes, manufacturer's specifications conflict, the more restrictive or higher quality shall govern o dustry standards are in In the event of omissions in the Contract Documents that are in ' tal detail(s) of construction or construction system(s) or with regard to the manner of combining installing equipment, parts, or materials, such detail shall be deemed to be an implied requirement o - Contract Documents. The quality and quantity of the equipment, material, or part so furnished s conform to trade standards and be compatible with the type, composition, strengths, size and pro of the equipment, materials or parts otherwise specified in the Contract Documents. 9. PAYMENT REQUESTS Development Manager may make applicati during the Project at intervals of not more tha Development Manager's Application for Payment liens relative to the Construction Work, which i information reasonably required by the City. to City's Project Manager for approval. or payment for Construction Work completed nce a -month (the "Application for Payment"). 11 be accompanied by a conditional partial release of subject of the Application for Payment and any other Application for Payment shall be submitted in triplicate City may withhold, in whole or ' • art, payment to such extent as may be necessary to protect itself from loss on account of: 10. withi the • Defective Constructio ork not remedied. • Claims filed by o parties against Development Manager, Contractor or City because of Development ger and/or Contractor's negligent performance of the Work. • Failure of elopment Manager to make payments properly to its Contractor or Sub - Contract • •r for material or labor arising out of the Work. • Failu Development Manager to provide any and all documents required by the Contract Do ents. ment by the City of an approved Application for Payment approved by the A/E shall be made enty-five (25) business days after receipt of Development Manager's Application for Payment to y, which shall be accompanied by reasonably sufficient supporting documentation and contain 34 SUBSTITUTED. sufficient detail, to allow a proper audit of expenditures, should the City require one to be performed. All payment applications shall be sufficiently detailed so as to meet the definition of a "payment request" for construction services as said term is defined in §218.72, Fla Stat., the Definitions section of the "Local Government Prompt Payment Act." City acknowledges that payment will not be unreasonably withhel or delayed. No interest shall accrue on late payments. Development Manager acknowledges that the City Contribution represents sixty percent o) of the total Project funding, as reduced by the applicable design costs (the "City Contribution Per age"). Payments made by the City in connection with each Application for Payment shall be for no • re than the City Contribution Percentage of the amount of the Application for Payment request wit e balance payable from the Development Manager Contribution. Notwithstanding any language c• tined in this Agreement to the contrary, in no event shall the City be required to pay any amount in ess of the City Contribution, unless an increase in the amount of the City Contribution is apped by the City Commission. 11. PROGRESS MEETINGS Development Manager and the City's Project Manager shall hold co uction progress meetings as deemed necessary to ensure the timely completion of the Work, but not re often than once a month. 12. DEVELOPMENT MANAGER INDEMNITY Development Manager and Contractor, by contract or r, addendum or amendment to its construction contract with Development Manager, shall jointly . severally indemnify, defend, save and hold harmless City, its officers, agents, directors, and emplo s, from liabilities, damages, losses, and costs, including, but not limited to reasonable attorneys s, and costs to the extent caused by the negligence, recklessness or intentional wrongful misco ' ct of Development Manager and persons employed or utilized by Development Manager in the p mance of this Agreement and/or from any acts services being performed by the Development ole or in part by virtue of this Agreement and/or e Contractor to perform their respective work in or omissions relative to the permitted work and/or t Manager and/or the Contractor which are funded i the failure of either the Development Manager accordance with the terms of this Agreement, th Contractor and the Development Manager or in accordance with applicable laws, codes, r term or cancellation of this Agreement. I by reason of any such claim or demand, and defend such action or proceedin contrary herein, Development Man obligation beyond what is provid Florida law. The indemnificatio expense to and through a against any and all clai through or related to funded in whole or by Development sign documents, the construction contract between the failure of either of them to perform their respective work and regulations. These indemnifications shall survive the event that any action or proceeding is brought against City elopment Manager shall, upon written notice from City, resist counsel satisfactory to City. Notwithstanding anything to the and Contractor shall not be required to provide an indemnification or in Florida Statutes, Sections 725.06 or 725.08, as applicable, under ovided above shall obligate Development Manager to defend at its own late, supplemental or bankruptcy proceeding, or to provide for such defense of liability and all suits and actions of every name and description arising by, Agreement or related to any work, materials or equipment performed which is art by this Agreement above which may be brought against City whether performed ager, or persons employed or utilized by the Development Manager. 35 SUBSTITUTED. This indemnity will survive the cancellation or expiration of this Agreement. This indemnity wi be interpreted under and construed to conform to the laws of the State of Florida, including with limitation and interpretation §725.06 and/or §725.08, Fla. Statutes, if applicable. Notwithstanding any to the contrary herein, Development Manager shall not be required to provide any indemni r ion obligations beyond what is provided for in §725.06(2) and (3), Fla. Statutes, if applicable under Flo a law. Additionally, Development Manager shall not be required to indemnify the City for the 's own negligence. Development Manager's indemnity and defense obligations shall be capped at greater of the insurance proceeds available and actually paid or, if no insurance proceeds are paid, t mount paid by the City pursuant to this Agreement. Development Manager shall require all construction agreements it has with t ' ontractor include a provision that they will indemnify the City in the manner set forth above. The Development Manager agrees and recognizes that the City responsible for any claims which may result from any actions or omissions in which the City participated either through review or concurrence of the In reviewing, approving or rejecting any submissions by the Developme acts of the Contractor, the City in no way assumes or shares an Development Manager, Contractor or Sub -Contractor under this Ag not be held liable or e Development Manager lopment Manager's actions. anager or Contractor or other sponsibility or liability of the ent. The City agrees and recognizes that the Developme anager shall not be held liable or responsible for any claims which may result from any acti• or omissions of the City in which the Development Manager participated solely through review o incurrence of the City's actions. 13. INSURANCE/BONDING The Development Manager shall not autho the initiation of any element of the Project under this Agreement until the Development Manager obtained, or required its Contractor to obtain: (i) the insurance required; and (ii) the City's Risk : gement Director has approved such insurance. The insurance listed on Exhibit F attached to this ement will be the required insurance for this Agreement. On or before the commencement ' .ny Work funded by this Agreement, Development Manager shall require its Contractor obtain a Pay - t and Performance Bond in the minimum amount of Six Million and One Hundred Thousand ($6,100,1 .10) Dollars, in substantially the form prescribed by § 255.05, Fla. Stat., naming the City of Miami as • obligee of such bond (hereinafter, the "Bond"). Such Bond will provide that the contractor namehe bond will properly and timely pay all legal debts arising from the construction work and will p- m the Project in accordance with the terms of this Agreement, all applicable laws, codes and re :lions, and its construction contract with the Development Manager. The Bond will be furnished to t irector prior to the commencement of any element of the Project under this Agreement. The Bond w e issued by a surety licensed to do business in the State of Florida and rated AV or better per A.M. B s Key Rating Guide, latest edition. 14. MODIFICAT S TO COVERAGE AND OWNER'S CONTROLLED INSURANCE PROGRAM The Cit rough its Risk Management Director or authorized designee reserves the right to require modifications reases, or changes in the required insurance requirements, coverage, deductibles or other insurance o ; ations and shall provide a thirty (30) day written notice to the Development Manager. In that even- .retractor shall comply with such request unless the insurance coverage is not then readily 36 SUBSTITUTED. available in the national market, and may request additional consideration from City accompa by justification. All additional cost will be borne by the Development Manager or Contractor, as ap : ble. Notwithstanding the insurance requirements required by the City in this Agree , the City acknowledges that Development Manager may elect to implement an Owner Contr • : Insurance Program ("OCIP") for the Project the details of which are consistent with policy at ed hereto as Attachment "G". To the extent there is any conflict between the City's insurance r: rements of this Agreement and the Development Manager's OCIP, the OCIP requirements shall con . The parties shall reasonably cooperate with each other to coordinate the City's insurance require - is with those of the OCIP. 15. DISCRETION OF DIRECTOR Any matter not expressly provided for herein dealing with the be within the exercise of the reasonable professional discretion of the authorized designee. 16. AUTHORITY OF THE CITY PROTECT MANAGER The Project Manager shall have authority to act provided by the Agreement, unless otherwise delegate writing by the City. All instructions to the Development to the Development Manager shall be issued through or decisions of the City shall Manager or the City Manager's ehalf of the City to the extent explicitly the Development Manager or modified in ager shall be issued in writing. All instructions irector or Project Manager. The Project Manager shall have access to t 'roject Site. The Development Manager shall provide safe facilities for such access so the Project Ma r may perform their functions under the Agreement. The Project Manager will make periodic visi • the Project Site to become generally familiar with the progress and quality of the Work, and to -rmine if the Work is proceeding in accordance with the Contract Documents. The Project Manager will be responsible for construction means, methods, techniques, sequences or procedures, or for sa ,- precautions and programs in connection with the Construction Work, and will not be responsible the Development Manager's (through its Contractor) failure to carry out the Construction Work in a dance with the Agreement. The Project Manag: ill have authority to reasonably reject Construction Work that does not conform to the Contract , cuments requirements. Whenever, in his or her opinion, it is considered necessary or advisable insure the proper implementation of the Contract Documents, the Project Manager will have auity to require special inspections or testing of the Construction Work, whether or not such Constructi' ork is fabricated, installed or completed. Neither the Project Manager's authority to act under this le, nor any decision made by him/her in good faith either to exercise or not to exercise such authority, :11 give rise to any duty or responsibility of the Project Manager to the Development Manager, Co. ctor any Subcontractor, supplier or any of their agents, employees, or any other person performing of the Construction Work. interpretations and recommendations of the Project Manager shall be consistent with the intent of the ntract Documents. 37 SUBSTITUTED. The Project Manager will not be responsible for the acts or omissions of the Development M its Contractor, or anyone employed or contracted directly or indirectly by the Development including any Sub -Contractor, or any of their agents or employees, or any other persons perfor the Work. 17. SUBCONTRACTS g ger, ager, any of A Sub -Contractor is any person or entity that is performing, furnishing, su 'ng or providing any portion of the Construction Work pursuant to a contract with the Develo ent Manager or its Contractor. Development Manager, through its Contractor, shall be solely respo e for and have control over the Sub -Contractors. 18. OWNERSHIP & USE OF DOCUMENTS The Drawings, Specifications and other documents prepare furnished to the Development Manager and/or its Contractor, ar Agreement. 19. CONTINUING THE WORK Development Manager through its Contractor sh schedule during all disputes or disagreements with disagreements concerning the Contract timeframe fo delayed or postponed pending resolution of any dis in accordance with Article 51, Resolution of Cont Trial. 20. PUBLIC ENTITY CRIMES In accordance with the Public affiliate who is a contractor, consulta list following a conviction for a pub]' or services to the City, may not s public building or public work awarded or perform work as may not transact any busin Florida Statutes, for categ convicted vendor list. V. Agreement by the Cit 21. NON-DIS ACT the A/E(s), and copies thereof r use solely with respect to this rry on the Work and adhere to the progress , including, without limitation, disputes or mpletion of the Work. The Work shall not be es or disagreements. All disputes shall be resolved Disputes and Article 52 Mediation- Waiver of Jury es Act, Section 287.133, Florida Statutes (2025), a person or other provider, who has been placed on the convicted vendor tity crime may not submit a bid on a contract to provide any goods t a bid on a contract with the City for the construction or repair of a y not submit bids on leases of real property to the City, may not be ntractor, supplier, or subcontractor, under a contract with the City, and ith the City in excess of the threshold amount provided in Section 287.017, two purchases for a period of 36 months from the date of being placed on the lion of this section by Development Manager shall result in cancellation of this d may result in Development Manager's debarment. INATION: E s UAL EMPLOYMENT OPPORTUNITY & AMERICANS WITH DISABILITIES De pment Manager warrants and represents that it does not and will not engage in discrimin, y practices and that there shall be no discrimination in connection with Development Manag; it Contractor's performance under this Agreement on account of race, color, sex, religion, age, hand ., marital status or national origin. Development Manager further covenants that no otherwise qu. -d individual shall, solely by reason of his/her race, color, sex, religion, age, handicap, marital status 38 SUBSTITUTED. or national origin, be excluded from participation in, be denied services, or be subject to discrimination under any provision of this Agreement. Development Manager and its Contractor shall affirmatively comply with all applicable provisio of the Americans with Disabilities Act (ADA) in the course of providing any services funded by C. including Titles I and II of the ADA (regarding nondiscrimination on the basis of disability), a 11 applicable regulations, guidelines, and standards. In addition, Development Manager shall take affi tive steps to ensure nondiscrimination in employment against disabled persons. 22. AUDIT RIGHTS At any time during normal business hours and after reasonable notice has bee shall be made available to the City and/or representatives of the City to audit, exam_ of all contracts, invoices, materials, payrolls, records of personnel, conditions of e reasonable data in Development Manager's possession and relating to this A understood that all records and supporting documents pertaining to this Agree for a minimum period of four (4) years. The retention and access period submission of the annual performance and evaluation report in which the s the final time. Records subject to the provisions of Public Record Law, Florid in accordance with such statute. Otherwise, for the purpose of such evaluations, the City's agent or authorized representative shall effective date of this Agreement, for the duration of the Work payment by the City to Construction pursuant to this Agreem The City's agent or its authorized representative facilities, shall have access to all necessary records, and space, in order to conduct audits in compliance representative shall give auditees reasonable advan ovided, there nd make audits oyment and other ment. It is further t shall be maintained s from the date of the fic activity is reported for atutes Chapter 119, shall be kept ts, inspections, examinations and e access to said records from the d until 4 years after the date of final have access to the Development Manager's 1 be provided adequate and appropriate work this provision. The City or its authorized otice of intended audits. If an audit inspection or examination in . rdance with this Article discloses overcharges in excess of two percent (2%) except negotiated fees by Development Manager to the City, fifty percent (50%) of the actual cost of the City's audit shall be pa the Development Manager. If the audit discloses contract billing or charges to which Developmen anager is not contractually entitled, Development Manager shall pay over to the City said sum wit 0 days of receipt of a written demand unless otherwise agreed to by both parties in writing. If any litigation, claim, n iation, audit or other action involving the records has been started before the expiration of the four year period, the records must be retained until completion of the action and resolution of all issues w arise from it or until the end of the four (4) year period, whichever is later. During the course of . udit, if the City determines that any payment made to the Development Manager does constitute - llowable expenditure, then the City will have the right to deduct or reduce those amounts from th- ated invoices. The Development Manager must maintain records necessary to document complianc: th the provisions of the Agreement. The Development Manager acknowledges that additionally th ty has the audit and inspection rights set forth in §18-100 to §18-102, City Code, as amended. 39 SUBSTITUTED. 23. OSHA COMPLIANCE The Development Manager warrants that it will comply with all safety precautions as requir federal, state or local laws, rules, regulations and ordinances. 24. SAFETY PRECAUTIONS Development Manager, itself and through its Contractor, shall comply with all ordinances, rules, regulations and orders of any public body having jurisdiction for the or property or to protect them from damage, injury or loss; and shall erect and ma safeguards for such safety and protection. Development Manager through its C owners of adjacent property and utilities when prosecution of the Construction W damage, injury or loss to any property, caused directly or indirectly, in whole o Manager, Contractor, any Sub -Contractor or anyone directly or indirectly e anyone for whose acts any of them may be liable, shall be remedied by Deve cable laws, ty of persons in all necessary actor shall notify ay affect them. All part, by Development yed by any of them or ent Manager. Development Manager's duties and responsibilities for the . fety and protection of the Construction Work shall continue until such time as all the Constructsork is completed and City has issued to Development Manager a notice of Final Acceptance, s.' notice shall not be unreasonably withheld or delayed. Development Manager must adhere to the applicable ironmental protection guidelines for the duration of the Project. If hazardous waste materials are useetected or generated at any time, the City's Project Manager must be immediately notified of each an ery occurrence. The Development Manager shall comply with all codes, ordinances, rules, orders . other legal requirements of public authorities (including, without limitation, OSHA, EPA, DERM, t ity, Miami -Dade County, State of Florida, and Florida Building Code) which bear on the performaof the Construction Work. Development Manager shall require t Contractor ensure that all Work is performed using adequate safeguards, including but not limit: o: proper safe rigging, safety nets, fencing, scaffolding, barricades, chain link fencing, railings, barri ' es, steel plates, safety lights, and ladders that are necessary for the protection of its employees, as wel the public and City employees. All riggings and scaffolding shall be constructed with good sound . terials, of adequate dimensions for their intended use, and substantially braced, tied or secured t' sure absolute safety for those required to use it, as well as those in the vicinity. All riggings, scaffo g, platforms, equipment guards, trenching, shoring, ladders and similar actions or equipment sha • OSHA approved, as applicable, and in accordance with all federal state and local regulations. If an emergency co immediately notify the C. should also recommen 25. PERMITS & NSES tion should develop during the Project, the Development Manager must Project Manager of each and every occurrence. The Development Manager appropriate course(s) of action to the City's Project Manager. Except .therwise provided within the Agreement, all permits and licenses required by federal, state or loca s, rules and regulations necessary for the prosecution of the Construction Work undertaken Development Manager pursuant to this Agreement shall be secured by Development Manager each party paying such permit costs allocable to improvements related to its portion of the 40 SUBSTITUTED. Project. It is Contractor's responsibility to have and maintain appropriate Certificate(s) of Comp cy, valid for the Construction Work to be performed and valid for the jurisdiction in which the Co ction Work is to be performed for all persons working on the Project for whom a Certificate of Co tency is required. 26. COMPLIANCE WITH LAWS Development Manager and its Contractor shall comply with all applicable la rules, regulations and resolutions and all applicable guidelines and standards i responsibilities, and obligations related to this Agreement. 27. DEFECTIVE WORK odes, ordinances, rforming its duties, The City's Project Manager shall have the authority to reject o sapprove Construction Work which it finds to be defective. If required by the City, Development M. er, through its Contractor, shall promptly either correct all defective work or remove such defective struction Work and replace it with non -defective Work. Development Manager shall bear all direct : indirect costs of such removal or corrections including cost of testing laboratories and personnel. Should Development Manager, through its Contr. , fail or refuse to remove or correct any defective Work or to make any necessary repairs in acc• .nce with the requirements of the Contract Documents within a reasonable time after notice in wri ; provided by the City, the City shall have the authority to cause the defective work to be remov: •r corrected, or make such repairs as may be reasonably necessary at Development Manager's e se. Any reasonable expense incurred by City in making such removals, corrections or repairs, shal paid for out of any monies due or which may become due to Development Manager. In the event of ure of Development Manager to make all necessary repairs promptly and fully, which is not cur n the Cure Period, the City may declare Development Manager in default. If, within one (1) year after the d of Substantial Completion or such longer period of time as may be prescribed by the terms of any app :le special warranty required by the Contract Documents, or by any specific provision of the Contr. documents, any of the Construction Work is found to be defective or not in accordance with the Co t Documents, Development Manager, after receipt of written notice from City, shall promptly corr: uch defective or nonconforming Construction Work within the time specified by City without cost e City. Nothing contained herein shall be construed to establish a period of limitation with respect ty other obligation which Development Manager might have under the Contract Documents incl g but not limited to any claim regarding latent defects. 28. WARRANTY O ' ATERIALS AND E e UIPMENT Develop ► Manager through its Contractor warrants to City that all materials and equipment furnished unde ' s Agreement will be new unless otherwise specified and that all of the Construction Work will b good quality, free from faults and defects and in conformance with the Contract Documents equipment and materials not conforming to these requirements, including substitutions not prop- approved and authorized, may be considered defective. If required by City, Development Manag- all furnish satisfactory evidence as to the kind and quality of materials and equipment. This warris not limited by any other provisions within the Contract Documents. 41 [SUBSTITUTED. 29. WARRANTY OF CONSTRUCTION The Development Manager, through its Contractor shall warrant that the Constru. Work conforms to the Agreement and is free of any patent and/or latent defect of the work .hip for a minimum period of one year from the date of Substantial Completion. The Development Manager's obligation under this warranty shall be at its ow to promptly repair or replace (including cost of removal and installation), that item thereof) which proves defective or fails to comply with the Agreement within th that it complies with the Agreement. 30. MANUFACTURER'S WARRANTY st and expense, art or component arranty period such Development Manager through the Contractor shall provide to all manufacturers' warranties. All warranties, expressed and/or implied, shall be given to the City for aterial and equipment covered by this Agreement. All material and equipment furnished shall be ► guaranteed by the Development Manager, through the Contractor, against factory defects and wo anship at time of installation. At no expense to the City, the Development Manager shall correct an d all apparent and latent defects that are required by Florida law. The Contract Documents m. .upersede the manufacturer's standard warranty. 31. No DAMAGES FOR DELAY In the event of any delays to the Project th re caused by actions or events that are out of the control of the owner or entities hired or control by owner, the Contractor's sole remedy shall be to seek an extension of time in accordance with the ter ' of the Agreement. The City shall not be liable for any delay damages or damages attributable to p ming Construction Work out of sequence, acceleration claims or other similar type claims, incurred Contractor arising out of or in any way associated with the performance under this Agreement. No claim for damages or any ' m, other than for an extension of time, shall be made or asserted against the City because of any d- except as provided herein. Development Manager shall not be entitled to an increase in the Cont Price or payment or compensation of any kind from City for direct, indirect, consequential, impact ' ther costs, expenses or damages, including but not limited to costs of acceleration or inefficiency, ar g because of delay, disruption, interference or hindrance from any cause whatsoever, whether such . y, disruption, interference or hindrance be reasonable or unreasonable, foreseeable or unforesee. , or avoidable or unavoidable. Otherwise, Development Manager shall be entitled only to extensi• .f the Contract Time as the sole and exclusive remedy for such resulting delay, in accordance with a • the extent specifically provided above. 32. EXCUSAB DELAY De pment Manager is entitled to a time extension of the Construction Work Time for Completi or each day the Construction Work is delayed due to Excusable Delay. Development Manager shall do ent its claim for any time extension as provided in Article 35 hereof. Where Development Manager determines that the City is liable for payment of costs due to a delay, 42 SUBSTITUTED. any request for additional compensation must be submitted in accordance with Article 9. Development Manager shall furnish to the City's Project Manager all documentation supporting its claim, including details of the claim, a description of the work affected and the actual costs resulting from the delay. Where the City agrees, in writing, to an excusable delay and the Work is being performed by Development Manager, the Development Manager shall be reimbursed for actual, direct costs asso with the delay. The Development Manager agrees that the above constitutes its sole and exclusive rem -s for an Excusable Delay. Failure of Development Manager to materially comply with Article 32 he as to any particular event of delay shall be deemed conclusively to constitute a waiver, ab : onment or relinquishment of any and all claims resulting from that particular event of delay. e Guaranteed Maximum Cost can never be exceeded or increased, except by an approved change . er or approved CCD. 33. NOTIFICATION AND CLAIM FOR CHANGE OF CONSTRUCTION WORK TIME Any request for a change in the Time for Completion due to Forc below, or any other delay, shall be made by written notice by Development within the timeframe set forth in Section 35 below. Thereafter, within termination of the event giving rise to the claim, written notice of the information and documentation shall be provided unless City all ascertain more accurate data in support of the claim and such notic Manager's written notarized statement that the adjustment clai Development Manager has reason to believe it is entitled as a It ajeure Events, as defined ager to the Project Manager my (20) calendar days of the nt of the claim with supporting an additional period of time to all be accompanied by Development is the entire adjustment to which the of the occurrence of said event. The Time for Completion will be extended in an a nt equal to time lost on critical Construction Work items due to delays resulting directly from Force ure Events. 34. CHANGES IN THE WORK OR TERMS OF CONT t T DOCUMENTS Without invalidating the Agreement an the right, from time to time to make such incr of the Construction Work as may be conside proposed construction in a satisfactory Project must be issued in writing in acc Any changes to the terms executed by the parties hereto, w Construction Work reflecting s executed only by City as here' 35. FORCE MAIEURE thout notice to any Surety, City reserves and shall have s, decreases or other changes in the character or quantity necessary or desirable to complete fully and acceptably the er. Any extra or additional work within the scope of this nce with the requirements of this Agreement. e Contract Documents must be contained in a written document, e same formality and of equal dignity prior to the initiation of any change. This Article shall not prohibit the issuance of Change Orders ter provided. Should any f re to perform on the part of Development Manager be due to a Force Majeure Event, then the Cit all allow an extension of time reasonably commensurate with the cause of such failure to perfor cure. 43 SUBSTITUTED. If the Development Manager is delayed in performing any obligation under this Agreement du to a Force Majeure Event , the Development Manager shall request a time extension from the City wit seven (7) working days of the conclusion of said Force Majeure Event. Any time extension shall be s to mutual agreement and shall not be cause for any claim by the Development Manager fo tra compensation. 36. FIELD DIRECTIVES The City's Project Manager may at times issue Field Directives to the Developme on visits to the Project site. Such Field Directives shall be issued in writing and the Dev shall be required to comply with such reasonable directives. Where the Developm that the directive is outside the scope of the Construction Work or unreasonable, the shall, within 48 hours, advise the City's Project Manager that the Field Directi and/or outside the scope of the Work. At that time the Field Directive Development Manager may be required to submit a request for a chang Development Manager is notified of the City's position that the Field Dire reasonable and the Development Manager disagrees, the Developmen Project Manager that the Development Manager reserves the right to based on the Field Directive. At no time shall the Development Ma with the directive. Failure to reasonably comply with the directiv Development Manager is in default of the Agreement. 37. CHANGE ORDERS Changes in the quantity or character of the Const the subject of field directives or supplemental instruc the contract price or time shall be authorized only Development Manager and issued in accordance All changes to Work must be approv order or the calculated value of the time exte by $50,000 or more shall be approved in the value of the Agreement by less than Manager or his designee. 38. VALUE OF CHANGE ORDE C ORK anager based ment Manager anager believes elopment Manager s either unreasonable y be rescinded, or the der proposal. Where the e is within the scope and/or anager shall notify the City's a claim for the time and monies er unreasonably refuse to comply y result in a determination that the on Work of the Project which are not properly s, including all changes resulting in changes in change orders approved in advance by City and the terms of this Agreement. in advance in accordance with the value of the change n. All change orders increasing the value of the Agreement nce by the City Commission. All change orders increasing 000 in the aggregate may be approved in advance by the City The value of any Wor be covered by a change order, or for any claim for an increase or decrease in the Agreement, shall be • mined in one of the following ways: • Where the •rk involved is covered by unit prices contained in the Schedule of Values, by applicat of unit prices to the quantities of items involved. • By al acceptance of a lump sum which Development Manager and City acknowledge co' ns a component for overhead and profit. 44 SUBSTITUTED. 39. INSPECTION OF WORK The City shall at all times have access to the Construction Work during normal hours. Inspectors sent in the City's proprietary capacity shall have no authority to permit deviatioom, or to relax any of the provisions of the Contract Documents or to delay the Construction Wo .y failure to inspect the materials and Construction Work with reasonable promptness without the w en permission or instruction of City. The foregoing shall not serve to limit the City's regulatory authori s set forth under applicable laws. The payment of any compensation, whatever may be its character or f► , or the giving of any gratuity or the granting of any favor by Development Manager to any inspec directly or indirectly, is strictly prohibited, and any such act on the part of Development Manager constitute a breach of this Agreement. 40. SUBMITTALS All submittals for the Work shall be completed by the Arc ► ct/Engineer ("A/E"). City shall not be liable for any materials, fabrication requires submittals until the City has returned approved su roducts or other Work commenced that tals to the Contractor. City shall make every effort to review submittithin ten (10) calendar days from the date of receipt by the City. City's review shall only be for con ance with design concepts and the information provided in the Contract Documents. The approval separate item shall not constitute approval of an assembly in which the item functions. The City all return the shop drawings to the Development Manager for its use and distribution. Approval of any submittal shall n► elieve the Development Manager and Contractor of any responsibility for any deviations from e requirements of the Contract Documents unless the Development Manager has given writte , tice to the City of the specific deviations and the City has issued written approval of such deviations. Development Manager s be responsible for the distribution of all shop drawings, copies of product data and samples, whicar the A/E and City's stamp of approval. Distribution shall include, but not be limited to: job site record documents file, sub -contractors, suppliers, and other affected contractors or entities that r ire the information. During the pro' s of the Construction Work, the Development Manager shall submit copies of all reports, permits a spections required by governing authorities, or necessary for the Project. 41. SUBSTITU Deve ent Manager shall submit all requests for substitutions to the City for review and approval. uch requests shall include sufficient documentation to support such request. City may request a. ional information as deemed necessary to properly review such requests. 45 42. SHOP DRAWINGS SUBSTITUTED. Development Manager, through the Contractor shall submit Shop Drawings as requ i by the Contract Documents. The purpose of the Shop Drawings is to show, in detail, the suitabili fficiency, technique of manufacture, installation requirements, and details of the item and evidence o . compliance or noncompliance with the Contract Documents. If the Shop Drawings show or indicate departures from the Contract Do Development Manager, through the Contractor shall make specific mention transmittal. Failure to point out such departures shall not relieve Develop responsibility to comply with the Contract Documents. City shall review and approve Shop Drawings within ten (10) calen unless said Shop Drawings are rejected by City for material reasons. City' be general and shall not relieve Development Manager of responsib' Drawings, nor for the proper fitting and construction of the work, work required by the Contract Documents and not indicated on th Shop Drawings shall be performed until the said Shop Drawin shall not relieve Development Manager from responsibility fo Drawings. ts' requirements, eof in its letter of Manager from its days from the date received, proval of Shop Drawings will for the accuracy of such Shop for the furnishing of materials or op Drawings. No work called for by ave been approved by City. Approval ors or omissions of any sort on the Shop No approval will be given to partial submittal Shop Drawings for items which interconnect and/or are interdependent where necessary to properl aluate the design. It is Development Manager's, through the Contractor, responsibility to assemble tr .hop Drawings for all such interconnecting and/or interdependent items, check them and then make submittal to City along with its comments as to compliance, noncompliance, or features requiri • ecial attention. If catalog sheets or prints of manufrers' standard drawings are submitted as Shop Drawings, any additional information or changes on • drawings shall be typewritten or lettered in ink. Each shop drawing shall be . r, thoroughly detailed and shall have listed on it all Contract Document references, drawing nu (s), specification section number(s) and the shop drawing numbers of related work. Shop drawings m •e complete in every detail, including location of the work. Materials, gauges, methods of fastening spacing of fastenings, connections with other work, cutting, fitting, drilling and any and all othe cessary information per standard trade practices or as required for any specific purpose shall be sh Where professicalculations and/or certification of performance criteria of materials, systems, and or equipment ar• quired, the City is entitled to rely upon the accuracy and completeness of such calculations and cer ations submitted by the Development Manager. Calculations, when required, shall be submitted in a . t clear and easy format to follow. Deve ent Manager shall keep one set of Shop Drawings marked with A/E and City's approval at the job si all times. 43. • DUCT DATA Development Manager, through the Contractor shall submit a copy of product data. Copies must 46 SUBSTITUTED. be marked to identify applicable products, models, options and other data. Development Manager, through the Contractor shall supplement manufacturer's standard data to provide information unique to the Construction Work. Development Manager, through the Contractor shall only submit pages that are pertin Submittals shall be marked to identify pertinent products, with references to the specifications ane Contract Documents. Identify reference standards, performance characteristics and capacities, wir and piping diagrams and controls, component parts, finishes, dimensions and required clearances. 44. AS -BUILT DRAWINGS During the Construction Work, Development Manager, through the Contract records of all deviations from the Drawings and Specifications as approved by the C Built Record Drawings showing correctly and accurately all changes and dev' construction to reflect the work as it was actually constructed. It is the responsibi Manager, through the Contractor to check the As -Built Drawings for error submittal to the City and certify in writing that the As -Built Drawings are cor the actual location of all internal piping, electrical/signal conduits in or belo the size, depth and voltage in each conduit. hall maintain nd prepare As- ns made during of the Development d omissions prior to and accurate, including e concrete floor. Indicate Legibly mark to record actual construction: On -site structures . site work as follows: • Depths of various elements of foundation in relation t. 'sh first floor datum. All underground piping and ductwork with el valves, pull boxes, etc. Changes in location. Hor utilities and appurtenances, referenced to per pipe material, class, etc. Location of internal utilities and appur visible and accessible features of t dampers, access doors, fans and of ions and dimensions and locations of tal and vertical locations of underground ent surface improvements. Actual installed nces concealed in the construction, referenced to ructure. Air conditioning ducts with locations of ems needing periodic maintenance. • Field changes in dimen' s and details. • Changes made by Cit ritten instructions or by Change Order. • Details not on origi' Contract Drawings. • Equipment, cond electrical panel locations. • City schedule c ges according to Contractor's records and shop drawings. Specifications and Add • Manufac equip • App ele ' al a: Legibly mark each section to record: r, trade name, catalog number and Supplier of each product and item of actually installed. d Shop Drawings: Provide record copies for each process, equipment, piping, system and instrumentation system. 47 SUBSTITUTED. 45. REQUESTS FOR INFORMATION (RFI) The Development Manager or its Contractor shall submit in writing a Request for Information to the City's Project Manager or A/E, as applicable, where the Development Manager or Contractor eve that the specifications or drawings are unclear or conflict. All requests must be submitted in a m. -r that clearly identifies the drawing and/or specification section where clarification or interpretati ' s being requested. 46. CITY ' S RIGHT TO TERMINATE The City Manager has the right to terminate this Agreement for any reaso ' no reason, upon thirty (30) days written notice. Such written notice shall state the date upon which ' elopment Manager shall cease all Construction Work under this Agreement and vacate the Project . Upon termination of this Agreement, all charts, sketches, studies, drawings, reports and other do ts, including electronic documents, related to Construction Work authorized under this Agreement, -ther finished or not, must be turned over to the City. The Development Manager shall be paid for Co ► uction Work performed and accepted by the City, provided that said documentation is turned over t• within twenty (20) business days of termination. Failure to timely deliver the documentation shall be cause ithhold any payments due without recourse by Development Manager until all documentation is de red to the City. In such event, the City shall pay to Development Manager Compensation for Service dered and approved expenses incurred prior to the effective date of termination. In no event shall th ty be liable Development Manager for any additional compensation and expenses incurred, other th. • at provided herein, and in no event shall the City be liable for any consequential or incidental damag 47. TERMINATION BY DEFAULT If Development Manager fails to comp ith any material term or condition of this Agreement, or fails to perform any of its obligations here r, then Development Manager shall be in default. Upon the occurrence of a default which is not cure ithin the Cure Period, in addition to all remedies available to it by law, the City may immediately, •n written notice to Development Manager, terminate this Agreement. The City may also suspend payment or part thereof or order a Work stoppage until such time as the issues concerning complia . re resolved. Development Manager understands and agrees that termination of this Agreement un this Article shall not release Development Manager from any obligation accruing prior to the of ve date of termination. In the event of termin, n due to default, in addition to the foregoing Development Manager shall be liable for all costs and exes incurred by the City in the procurement of the Construction Work under this Agreement. In the ev: of Default, the City may also issue a Notice to Cure and suspend or withhold payments to Developm anager until such time as the actions giving rise to default have been cured. In no event shall the D opment Manager be liable to the City for any additional expenses incurred, other than that provided . in, and in no event shall the Development Manager be liable for any consequential or incidental dam s. A fin the followi of default and subsequent termination for cause may include, without limitation, any of 48 SUBSTITUTED. • Development Manager fails to obtain the insurance herein required. • Development Manager fails to comply with any of its duties under this Agre any terms or conditions set forth in this Agreement beyond the specified peri cure such default. • Development Manager fails to commence the Work within the time contemplated herein, or fails to complete the Work in a timely man Agreement. t, with llowed to es provided or s required by this The City shall provide Written Notice to Cure to Development Mana s to a finding of default, and Development Manager shall take all necessary action to Cure said ault within such time as stipulated in the Written Notice. Such Written Notice shall provide a mi- um of 30 days to Cure any alleged default. Such time to Cure shall be at the sole discretion of the Ci t be no less than 30 days. The City may extend the Cure Period at its sole discretion or terminate Agreement upon failure of the Development Manager to cure such default in the specified timefra 48. DEVELOPMENT MANAGER'S RIGHT TO TERMINATE The Development Manager shall have the right to breach by the City, if breach of contract has not been corre City's receipt of a written notice from Development Man this Agreement. The City shall only be responsible fo for Services rendered and approved expenses incurr shall the City be liable to Development Manager f other than that provided herein, and in no event damages. 49. MATERIALITY AND WAIVER OF BR City and Development Mana Contract Documents is substantial The parties failure to en provision or modification of t not be deemed a waiver of terms of this Agreement. 11 nate this Agreement, in writing, following within thirty (30) days from the date of the specifying the City's breach of its duties under yment of Development Manager compensation rior to the effective date of termination. In no event y additional compensation and expenses incurred, the City be liable for any consequential or incidental to gree that each requirement, duty, and obligation set forth in these mportant to the formation of this Agreement. e any provision of this Agreement shall not be deemed a waiver of such greement. A waiver of any breach of a provision of this Agreement shall subsequent breach and shall not be construed to be a modification of the 50. ACCEPTANCE 1 FINAL PAYMENT Upon rec of written notice from Development Manager that the Construction Work is ready for final inspec and acceptance, the City shall, within ten (10) calendar days, make an inspection thereof. If Cit roject Manager find the Work acceptable, the requisite documents have been submitted and the re. ments of the Contract Documents fully satisfied, and all conditions of the permits and regulator ; encies have been met, a Final Certificate for Payment (Attachment E) shall be issued by City's P ct Manager, over its signature, stating that the requirements of the Contract Documents have been ' ormed and the Work is ready for acceptance under the terms and conditions thereof. 49 SUBSTITUTED. Before issuance of the Final Certificate for Payment, Development Manager shall deliver to Project Manager a conditional release of all liens arising out of this Agreement, or receipts in ful lieu thereof; an affidavit certifying that all suppliers, Sub -Contractors, and Contractor have been ' ill be (out of the final payment) paid in full and that all other indebtedness connected with the .truction Work has been or will be paid; the final corrected As -Built Drawings; the Record Set; and t nal bill of materials, if required, and Application for Payment. Development Manager shall del' the written Contractor's and all Manufacturer's warranties prior to issuance of the Final Certificate Payment. If, after the Construction Work has been substantially completed, full ' pletion thereof is materially delayed through no fault of Development Manager or its Contractor, . NE so certifies, City shall, upon certificate of City's Project Manager, and without terminating the ement, make payment of the balance due for that portion of the Work fully completed and accep . Such payment shall be made under the terms and conditions governing final payment, except that ' all not constitute a waiver of unknown claims. The making of and acceptance of final payment shall c• tute a waiver of all claims by Development Manager and the City, except to the extent such ims are a result of Development Manager's failure to comply with the obligations set forth in this eement, including but not limited to those identified by Development Manager or the City as unse : at the time of the application for final payment. 51. RESOLUTION OF CONTRACT DISPUTE Development Manager understands and a • s that all disputes between it and the City based upon an alleged violation of the terms of this A • ment by the City shall be initially submitted to the Director for resolution. Upon receipt of the sub tal from the Development Manager, the Director shall render a decision within fourteen (14) calend. ys. Where a mutually satisfactory resolution cannot be reached the Development Manager may su a t the dispute to the City Manager or his/her designee for resolution. Where a mutual resolution ca be reached between the Development Manager and the City Manager or designee, the Development ager, prior to being entitled to seek judicial relief shall comply with Article 51 of this Agreement, i. •rmection therewith. Should the amount of City Contribution hereunder exceed $4.1 million, the Manager's decision shall be approved or disapproved by the City Commission. Development Man shall not be entitled to seek judicial relief unless: • It has first rec applicable, d City Manager's written decision, approved by the City Commission, if • A peri• .f sixty (60) days has expired after submitting to the City Manager a detailed state t of the dispute, accompanied by all supporting documentation or a period of sev-five (75) days has expired where City Manager's decision is subject to City mission approval; and • ediation of the dispute, as stipulated in Article 52, has not resulted in a mutual resolution; or City has waived compliance with the procedure set forth in this Article by written instrument(s) signed by the City Manager. 50 SUBSTITUTED. If Development Manager is required to file a lawsuit in order to meet a statute of limitations before it has complied with any of the above requirements, it shall be entitled to file the action and then the City may move to stay the action to allow the Development Manager to comply with the conditions precedent to litigation as set forth in this Agreement. 52. MEDIATION — WAIVER OF JURY TRIAL In an effort to engage in a cooperative effort to resolve conflict which may arise during of the design and/or construction of the Project, and/or following the completion of the Project to this Agreement agree all unresolved disputes between them shall be submitted to mediation prior to the initiation of litigation, unless otherwise agreed in writing by the par Mediator, who the parties find mutually acceptable, will conduct any Mediation Proce Dade County, State of Florida. The parties will share the costs of the certified Mediato In an effort to expedite the conclusion of any litigation, the parties volunt jury trial in any action arising under this Agreement. 53. SUBSTANTIAL COMPLETION, PUNCH LIST AND FINAL -COMPLETION The Construction Work shall be substantially complete when reasonable exercise of his/her discretion determines that the Construc material and/or substantial variations from the Agreement, and the C purpose. City's Project Manager shall not unreasonably withhold Completion, City's Project Manager and the Development Man Inspection Form. The signing of this form shall not relieve th to complete the Project. ourse parties n-binding A certified gs in Miami- ually. t waive their right to ity's Project Manager, in the Work is complete, there are no truction Work is fit for its intended elay its approval. Upon Substantial shall sign the Substantial Completion velopment Manager from its obligation When the Development Manager believes that Construction Work is substantially complete, the Development Manager shall request in writing at the City inspect the Construction Work to determine if Substantial Completion has been achie . No request for Substantial Completion inspection is to be submitted until the Development Manag- .s obtained a Certificate(s) of Occupancy, Certificate of Completion, or other equivalent. The City shhedule the date and time for any inspection and notify the Development Manager and any other pas deemed necessary. During this inspection, the Project Substantial Completion Inspection Form, (hment B), will be completed as necessary. Any remaining Construction Work shall be identified on t ' orm and shall be known as Punch List work. The Punch List, (Attachment C), shall be signed by the • s Project Manager and the Development Manager confirming that the Punch List contains the item(s cessary to complete the Construction Work. The failure or refusal of the Development Manager to si e Project Substantial Completion Inspection Form or Punch List shall not relieve the Developme anager from complying with the reasonable findings of the Project Substantial Completion Inspect' and completing the Project to the satisfaction of the City. Where the Punch Construction Work is su determines, on the app shall provide a list of Construction Work is limited to minor omissions and defects, the City shall indicate that the ntially complete subject to completion of the Punch List. Where the City riate form that the Construction Work is not substantially complete, the City pen items necessary to achieve Substantial Completion. Upon completion of such Development Manager shall request another Substantial Completion inspection. The Ci Project Manager and the Development Manager shall agree on the time reasonably 51 SUBSTITUTED. required to complete all remaining Construction Work included in the Punch List. Upon the receipt of all documentation, resolution of any outstanding issues and issuance of payment, the City shall notify the Development Manager in writing of the closeout of the Project. The City will prepare a Certificate of Substantial Completion in the form attache. -reto as Attachment D which shall establish the Date of Substantial Completion. Once substantial • pletion is achieved the City shall be responsible for security, maintenance, heat, utilities, damage to Project site, and insurance; and shall list all Construction Work yet to be completed to satisfy the reements of the Contract Documents for Final Completion. The failure to include any items of correctiv ork on such list does not alter the responsibility of Development Manager to complete all of the truction Work in accordance with the Contract Documents. Warranties required by the Contract Do -nts shall commence on the date of Substantial completion of the Construction Work or designat- •ortion thereof unless otherwise provided in the Certificate of Substantial Completion. 54. APPLICABLE LAW AND VENUE OF LITIGATION This Agreement shall be interpreted and construed in accordwith and governed by the laws of the State of Florida. Any suit or action brought by any party, con ng this Agreement, or arising out of this Agreement, shall be brought in Miami -Dade County, Florid . : ch party shall bear its own attorney's fees except in actions arising out of Development Manager's ies to indemnify the City under this Agreement where Development Manager shall pay the City's .onable attorney's fees. 55. INDEPENDENT CONTRACTOR Development Manager is an independent co tor under this Agreement. Services provided by Development Manager pursuant to this Agreemen 1 be subject to the supervision of Contractor. In providing such services, neither Development M. • er nor its agents shall act as officers, employees, or agents of the City. Development Manager fu' -r understands that Florida Workers' Compensation benefits available to employees of the City not available to Development Manager, and agrees to provide workers' compensation insurance any employee, or entity working for the Development Manager rendering services to the City un• his Agreement. This Agreement shall not constitute or make the parties a partnership or joint ventur 56. SUCCESSORS AND ASSIGNS The performance of this reement shall not be transferred pledged, sold, delegated or assigned, in whole or in part, by the Dev' • ment Manager without the written consent of the City. It is understood that a sale of the majority o ' e stock or partnership shares of the Development Manager, a merger or bulk sale, an assignment the benefit of creditors shall each be deemed transactions that would constitute an assignme sale hereunder requiring prior City approval. The Develo ent Manager's services are unique in nature and any transference without City Commission appr :1 shall be cause for the City to nullify this Agreement. Any assignment without the City's consent be null and void. The Development Manager shall have no recourse from such cancellation. City may require bonding, other security, certified financial statements and tax returns from any • osed assignee and the execution of an assignment/assumption agreement in a form satisfacto o the City Attorney as a condition precedent to considering approval of an assignment. 52 SUBSTITUTED. 57. THIRD PARTY BENEFICIARIES Neither Development Manager nor the City intends to directly or substantially benefi rd party by this Agreement. Therefore, the parties agree that there are no third -party beneficiaries to . Agreement and that no third party shall be entitled to assert a claim against either of them based upo. s Agreement. The parties expressly acknowledge that it is not their intent to create any rights or obli, ons in any third person or entity under this Agreement. 58. JOINT PREPARATION- INTERPRETATION The language of this Agreement has been agreed to by both parties xpress their mutual intent and no rule of strict construction shall be applied against either party he The headings contained in this Agreement are for reference purposes only and shall not affe n any way the meaning or interpretation of this Agreement. All personal pronouns used in this •reement shall include the other gender, and the singular shall include the plural, and vice versa, ss the context otherwise requires. Terms such as "herein," "hereof," "hereunder," and "hereinafter" re o this Agreement as a whole and not to any particular sentence, article, paragraph, or section where appear, unless the context otherwise requires. Whenever reference is made to a Section or Article 's Agreement, such reference is to the Section or Article as a whole, including all of the subsections uch Section or Article, unless the reference is made to a particular subsection. 59. AMENDMENTS No modification, amendment, or alterati effective unless contained in a written docum Agreement and executed by the City Manager 60. SEVERABILITY n the terms or conditions contained herein shall be prepared with the same or similar formality as this Development Manager. Should any provision of this eement is determined by a Court of competent jurisdiction to be illegal or unenforceable, then sucnenforceable or unlawful provision shall be excised from this Agreement, and the remainder of Agreement shall continue in full force and effect. Notwithstanding the foregoing, if the result of the etion of such provision will materially and adversely affect the rights of either party, such party ma ect, at its option, to terminate this Agreement in its entirety. An election to terminate this Agreement .ed upon this provision shall be made within seven (7) days after the finding by the court becomes fina 61. ENTIRE AGRE ' NT This Agr agreement bet representatio or otherwis executed provisi ent, as it may be amended from time to time, represents the entire and integrated the City and the Development Manager and supersedes all prior negotiations, r agreements, written or oral. This Agreement may not be amended, changed, modified, tered in any respect, at any time after the execution hereof, except by a written document the same formality and equal dignity herewith. Waiver by either party of a breach of any f this Agreement shall not be deemed to be a waiver of any other breach 53 SUBSTITUTED. 62. CONFLICT OF INTEREST Development Manager covenant that no person under its employ who presently exercises any functions or responsibilities on behalf of the City in connection with this Agreement has any person financial interests, direct or indirect, with the Contractor. Development Manager further covenants t • , in the performance of the Agreement, no person having such conflicting interest shall be employed. such interest on the part of the Contractor or its employees must be disclosed in writing to the City Development Manager is aware of the conflict -of -interest laws of the City, Miami Ci 2-11, Miami -Dade County, Florida, Miami -Dade County Code Sec. 2-11.1; and the State of F 112, Part III, Florida Statutes, as amended, and agrees that it shall fully comply in all respect of said laws. 63. INDEPENDENT CONTRACTOR de Sec. a, Chapt. th the terms Development Manager, its employees, agents or representatives, • i 1 be deemed to be independent contractors and not agents or employees of the City and shall not : in any rights or benefits under the civil service or pension ordinances of the City, or any rights ge ally afforded classified or unclassified employees. Development Manager, its employees, agents • epresentatives, shall not be entitled to Florida Workers' Compensation benefits as an employee of t ity. 64. PUBLIC RECORDS Development Manager shall comply with Chapter 119, F da Statutes, as may be applicable, shall additionally comply with Section 119.0701, Florida Statutes, ' ding without limitation: (1) keep and maintain public records that ordinarily and necessarily w• : be required by the City to perform this service; (2) provide the public with access to public record the terms and conditions as the City would at the cost provided by Chapter 119, Florida Statutes, ' : s otherwise provided by law; (3) ensure that public records that are exempt or confidential and e pt from disclosure are not disclosed except as authorized by law; (4) meet all requirements for reta g public records and transfer, at no cost, to the City all public records that are exempt or confident and exempt from disclosure requirements; (5) all electronically stored public records must be pr• :ed to the City in a format compatible with the City's information technology systems. SHOULD DEVELOPMENT M GER DISPUTE ANY PUBLIC ACCESS REQUIRED BY FLORIDA STATUTES, THEN DEVEL' ENT MANAGER SHALL DO SO AT ITS OWN EXPENSE AND AT NO COST TO THE CI IF CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119 ORIDA STATUTES, TO DEVELOPMENT MANAGER'S DUTY TO PROVIDE PUBLIC REC ' 1 S RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBL RECORDS AT (305) 416-1800, VIA EMAIL AT PUBLICRECORDS@MIAMI ' .COM, OR REGULAR MAIL AT CITY OF MIAMI OFFICE OF THE CITY ATTORNEY, 444 SW I AVENUE, 9TH FLOOR, MIAMI, FL 33130. 65. NOTICES All notices be given by hand - other party at t ther communications required under this Agreement shall be in writing and shall every or by registered or certified U.S. mail, return receipt requested, addressed to the ddress indicated herein or to such other address as a party may designate by notice 54 SUBSTITUTED. given as herein provided. Notice shall be deemed given on the day on which personally delivered; or by mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier. For the City of Miami: City Manager 444 S.W. 2" Avenue, 10th Floor Miami, FL 33130-1910 With a copy to: Director of Capital Improvements 444 S.W. 2nd Avenue, 8th Floor Miami, FL 33130-1910 For Development Manager: Coconut Grove Condo, LLC Attn: W. Spencer Morris 121 Alhambra Plaza, Ste. 1600 Coral Gables, FL 33134 Telephone: (305) 443-1000 Email: WASM@allenmorris.com 66. CITY RIGHTS AS SOVEREIGN The City is entering into this Agreement only is proprietary (not regulatory) capacity and retains all of its sovereign prerogatives and rights and re' . tory authority (quasijudicial or otherwise) as a City under all applicable laws (all of which shall be aute and unfettered in all respects), and shall in no way be estopped from withholding or refusing to ' e any approvals, licenses or permits granted by the City in its governmental capacity or applications building, zoning, planning or development under present or future laws and regulations whateve' ture applicable to the planning, design, construction and development of the AMCO Grove Pro' , the Project, or any other development contemplated in this Agreement, or the operation thereof. ity shall not by virtue of this Agreement or any other document associated with the development . ..ligated to grant or be deemed to have granted any approvals, permits or licenses by the City i . governmental capacity. Notwithstanding and prevailing over any contrary provision in this Agre nt, any City obligation that may be contained herein shall not require the City or any other city, co federal or state department or authority, committee or agency to grant or leave in effect any zoni ' changes, variances, Permits, zoning waivers, or any other governmental approvals that may be ted, withheld, or revoked by the City or other applicable governmental agencies, acting in their ' ernmental capacity. In no event shall the City have any obligations or liabilities to Development Manor any third parties under this Agreement or otherwise on account of the City's exercise of its sower: prerogatives and rights and regulatory authority (quasi-judicial or otherwise) as a municipal gover t under applicable laws. Without limitation of the foregoing, nothing contained in this agreement ' , ntended as a waiver of City's sovereign immunity as set forth under Section 768.28, Florida Statut' or otherwise. 55 SUBSTITUTED. 67. ANTI -HUMAN TRAFFICKING Development Manager confirms and certifies that it is not in violation of Section 787 ' Florida Statutes, and that it does not and shall not use "coercion" for labor or services as defined in Son 787.06, Florida Statutes. The Development Manager shall execute and submit to the City an Affida of even date herewith, in compliance with Section 787.06(13), Florida Statutes, attached and incor p : ted herein as Exhibit "D". If the Development Manager fails to comply with the terms of this Se , the City may suspend or terminate this Agreement immediately, without prior notice, and in no e t shall the City be liable to Development Manager for any compensation or expense, including, . not limited to, any consequential or incidental damages. [SIGNATURE PAGES TO FOLLOW] 56 SUBSTITUTED. IN WITNESS WHEREOF, the parties have se their hands and seals on the day and year f shown above: CITY City of Miami, Florida, a mu Corporation ATTEST: By: By: Todd B. Hannon, City Clerk Arthur ' iega,V, City Manager APPROVED AS TO LEGAL FORM AND CORRECTNESS: APP ' ED AS TO INSURANCE RE EMENTS: George Wysong, Esq. David Ruiz, Interim Director City Attorney Department of Risk Management ATTEST: Name: Title: 57 DEVELOPMENT MANAGER COCONUT GROVE CONDO, LLC, a Florida limited liability company By: Yazmin Gil, Manager