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HomeMy WebLinkAbout24304AGREEMENT INFORMATION AGREEMENT NUMBER 24304 NAME/TYPE OF AGREEMENT MIAMI FREEDOM PARK DESCRIPTION CONFIRMATION OF LEASE COMMENCEMENT DATE/GROUND LEASE FOR SOCCER STADIUM/FILE ID: 11637/R-22-0156/MATTER ID: 20-841 EFFECTIVE DATE February 9, 2023 ATTESTED BY TODD B. HANNON ATTESTED DATE 1/17/2023 DATE RECEIVED FROM ISSUING DEPT. 3/17/2023 NOTE CONFIRMATION OF LEASE COMMENCEMENT DATE THIS CONFIRMATION OF LEASE COMMENCEMENT DATE (the "Agreement") is made and entered into as of this 9th day of February, 2023, by and between the CITY OF MIAMI, a municipal corporation of the State of Florida, whose mailing address is 444 SW 2nd Avenue, loth Floor, Miami, Florida 33130, Attn. City Manager, ("Landlord"), and MIAMI FREEDOM PARK, LLC, a Delaware limited liability company, whose mailing address is 800 S. Douglas Road, 12th Floor, Coral Gables, Florida 33134, ("Tenant") (Landlord and Tenant are sometimes together referred to herein as the "Parties," and separately as the "Party"). RECITAL WHEREAS, the Parties have previously executed and delivered that certain Ground Lease for Soccer Stadium (the "Lease"), whereby Landlord leased to Tenant and Tenant leased from Landlord, that certain parcel of real property located in Miami -Dade County, Florida and more particularly described in the Lease; and WHEREAS, Landlord and Tenant have agreed to memorialize the Lease Commencement Date as contemplated by Section 2.2(A) of the Lease; AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in the Lease, Landlord and Tenant hereby covenant and agree as follows: 1. Definitions. Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meaning assigned to them in the Lease. 2. Lease Commencement Date. The Lease Commencement Date of the Lease is February 9, 2023. 3. Successors and Assigns. This Agreement shall bind and inure to the benefit of the Parties and their respective successors and assigns, subject, however, to the provisions of the Lease regarding assignment. 4. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which shall constitute a single instrument. Signature and acknowledgement pages may be detached from individual counterparts and attached to a single or multiple original(s) in order to form a single or multiple original(s) of this Agreement. [SIGNATURES FOLLOW ON NEXT PAGE] IN WITNESS whereof, the Parties have signed this Agreement as of the day and year first above written. ATTEST: Todd B. City Clerk APPROVED AS TO INSURANCE REQUIREMENTS: Bv: 14. _ • 1, -Marie . harpe, Director Risk Mana • ement Department STATE OF FLORIDA ) ss: COUNTY OF MIAMI-DADE LANDLORD: CITY OF MIAMI, a municipal corporation of the State of Florida By: Arthur Non _a City Manager APPROVED AS TO LEGAL FORM & CORRECTNESS: By: ictoria endez City Attorney 1 The foregoing instrument was ackno )edged before me by means of JUC physical presence or ❑ online notarization, this (r day of JP\ Ja t , 20 )3 , by Arthur Noriega, as the City Manager of the CITY OF MIAMI, a municipalorporation of the State of Florida, on behalf of the municipal corporation, who is personally known to me or who has produced as identification. [NOTARIAL SEAL] asp YP4'• OFELIA E. PEREZ +; i*E MY COMMISSION # GG 360880 EXPIRES: August 2, 2023 JFo€F�,, Bonded Thru Notary Public Underwriters Print Name: Notary Public, Commission #: My Commission Expires: [SIGNATURE PAGE TO CONFIRMATION OF LEASE COMMENCEMENT DATE] 2 #178623498_v1 Signed in the presence of: rint Name:,,%,�oQ,a^s�r•✓ STATE OF FLORIDA ) ss: COUNTY OF MIAMI-DADE ) TENANT: MIAMI FREEDOM PARK, LLC, a Delaware ited 1` bility company By: , �! Name: Title: The foregoing instrument, was acknowledged before Inp by mea s of 1.'1 .hysical presence or ❑ online notarization, 04- day of &CeJY) , 2(k�l�, by A ren - , as c ,,, of MIAMI FREEDOM PARK, LLC, a Delaw're limited liability company, on behalf of said limited liability company, who is personally Ito me or who has produced as identification. [NOTARIAL SEAL] Print Name: M Notary Public, Commission #: My Commission Expires: [SIGNATURE PAGE TO CONFIRMATION OF LEASE COMMENCEMENT DATE] 3 Major League Soccer 420 Fifth Avenue, 7"' FI. New York, NY 10018 MLSsoccer.com 212.450.1200 Victoria Mendez, Esq. City Attorney City of Miami, Florida 444 SW 2"d Avenue, 9th Floor Miami, FL 33130 Dear Ms. Mendez: January 23, 2023 This letter confirms that Major League Soccer ("MLS") is aware that Miami Freedom Park, LLC ("MFP"), is culminating negotiations with the City of Miami to lease an approximately twelve (12) acre property generally located at 1400 NW 37th Avenue, Miami, Florida (the "Soccer Stadium Site"). The lease grants to MFP and its assignees the right to construct a soccer stadium within the Soccer Stadium Site. The soccer stadium will serve as the future home to InterMiami CF. MLS has expressed support of InterMiami CF's decision to move its home matches to the City of Miami and, specifically, to the Soccer Stadium Site. Sin,erely, 44s, 4-, Anastasia Danias Schmidt Executive Vice President & General Counsel Major League Soccer