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HomeMy WebLinkAbout25413AGREEMENT INFORMATION AGREEMENT NUMBER 25413 NAME/TYPE OF AGREEMENT THE GALLERY AT WEST BRICKELL, LLC DESCRIPTION JOINDER BY MORTGAGE/AFFORDABLE & WORKOFORCE HOUSING FOR IMPACT FEE DEFERRAL ONLY/MATTER ID: 24• 3361/#55 EFFECTIVE DATE ATTESTED BY TODD B. HANNON ATTESTED DATE 1/28/2025 DATE RECEIVED FROM ISSUING DEPT. 1/31/2025 NOTE CITY OF MIAMI DOCUMENT ROUTING FORM ORIGINATING DEPARTMENT: DEPT. CONTACT PERSON: Matter: #24-3361 Pereira HOUSING AND COMMUNITY DEVELOPMENT Maria T Ason WZ-4 NAME OF OTHER CONTRACTUAL PARTY/ENTITY: Gallery at West Brickell, LLC IS THIS AGREEMENT AS A RESULT OF A CO11IPETITIVE PROCUREMENT PROCESS? TOTAL CONTRACT AMOUNT: $ $0 FUNDING INVOLVED? TYPE OF AGREEMENT: ❑ MANAGEMENT AGREEMENT ❑ PROFESSIONAL SERVICES AGREEMENT ❑ GRANT AGREEMENT ❑ EXPERT CONSULTANT AGREEMENT ❑ LICENSE AGREEMENT EXT. 1971 ❑ YES ® NO ® YES ® NO ❑ PUBLIC WORKS AGREEMENT ❑ MAINTENANCE AGREEMENT ❑ INTER -LOCAL AGREEMENT ❑ LEASE AGREEMENT O PURCHASE OR SALE AGREEMENT OTHER: (PLEASE SPECIFY): Joinder by Mortgagee for Impact Fee Deferral for workforce units PURPOSE OF THE ITEM (BRIEF SUMMARY): rThe Gallery at West Brickell has applied for impact fee deferral for units that are for workforce qualifying tenants. Since the City executed a loan agreement for the development of the project, as a lender the City is required to execute the Joinder by Mortgagee that will be attached to the actual Declaration of Restrictive Covenants (attached hereto) COMMISSION APPROVAL DATE: N/A FILE ID: IF THIS DOES NOT REQUIRE COMMISSION APPROVAL, PLEASE EXPLAIN: Please refer to the Housing & Commercial Loan Committee approval. ENACTMENT No.: =� ='ROUTING INFORMATION' °:: _" .�., - a . I- - Date PLEASE PRINT AND.SIGN APPROVAL BY DEPARTMENTAL DIRECTOR 01-13-25 PRINT: Victor Turner ;f SIGNATURE: . t4.,.- SUBMITTED TO RISK MANAGEMENT { V/ ` 7�' '/�(cJ PRINT: ANN-MARIE SHAIPE- ;� • t SIGNATURE: i f 7I / SUBMITTED TO CITY ATTORNEY R� /� _33 L I. 2� i SIGNATURE: PRINT: GEORGFWXLsari APPROVAL BY ASSISTANT CITY MANAGER/CFO PRINT: LARRY SPRIN SIGNATURE: RECEIVED BY CITY MANAGER PRINT: ART N IEGA SIGNATURE: RECEIVED BY DEPUTY CITY MANAGER 1� z' - 26- PRINT: NATASHA C E ROOK-WILLIAMS SIGNATURE:C �J�J -, 1) ONE ORIGINAL TO CITY CLERK, 2) ONE COPY TO CITY ATTORNEY'S OFFICE, 3) REMAINING ORIGINAL(S) TO ORIGINATING DEPARTMENT I / 5 [ LIJ i 1 ii �-: I / l tag PRINT: TODD HANNON SIGNATURE: /� PRINT: ✓"�q •�i t . ,-sdsu SIGNATURE:L PRINT: SIGNATURE: PLEASE ATTACH THIS ROUTING FORM TO ALL DOCUMENTS THAT REQUIRE EXECUTION BY THE CITY MANAGER JOINDER BY MORTGAGEE The undersigned CITY OF MIAMI, a municipal corporation, as Mortgagee under that certain Amended and Restated Leasehold Mortgage and Security Agreement for The Gallery at West Brickell made by The Gallery at West Brickell, LLC, a Florida limited liability company, to City of Miami, dated December 14, 2022, recorded December 21, 2022, in Official Records Book 33512, Page 3523, of the Public Records of Miami -Dade County, Florida, covering the property described in the foregoing Declaration of Restrictive Covenants for Affordable and Workforce Housing for Impact Fee Deferral Only (the "Declaration"), does hereby acknowledge that the terms of the Declaration are and shall be binding upon the undersigned and its successors in title and interest. [Signatures and acknowledgements are on the following page.] IN WITNESS WHEREOF, these presents have been executed this day of 2024. ATTEST: e: Todd B`Hanxs'on Title: City Clerk Approved by Risk Mar;agement: CITY OF MIAMI, a municipal corporation of the State of Florida may: Name: Arthur No Title: City Mana Address: 444 SW 2nd Avenue Miami, Florida 33130 Approved as to form and legal sufficiency: tBy: By: Name: Ann-Made;Sharpe Name: Georg . Wyso I Title: Directory j Title: City Attorney STATE OF FLORIDA COUNTY OF MIAMI-DADE BEFO ME, the undersigned authority, this day appeared �ahu� )0Y e((ki by means of hysical presence or ['online notarization, known by me to be the C, ►Moafn of CITY OF MIAMI, and he/she acknowledged to and before me that he/she ex�cuted the said instrument, acting in his/her said official capacity, for and as to the act and deed of said corporation and in its name, for the us and purposes therein mentioned, and after being duly authorized and directed. He/she is: personally known to me, or ['produced as identification. ITNESS my hand and official Seal in the County and State aforesaid, on this, the 0 K. day of nu , 2021g SANDRAGILBERT MY COMMISSION # HH 112572 EXPIRES: April 20, 2025 ;F$f;Fk' Bonded Thru Notary Public Underwriters Print Name: Commission No.: My Commission Expires: 2 a9A0