HomeMy WebLinkAboutR-26-0189City of Miami
Resolution R-26-0189
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 19148 Final Action Date: 4/23/2026
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE TWO AMENDMENTS, (1)
A THIRD AMENDMENT EASEMENT AGREEMENT (PARCELS A, B, & C)
("THIRD AMENDMENT"), IN SUBSTANTIALLY THE FORM ATTACHED AS
EXHIBIT "A," TO THE GRANT OF EASEMENT, RECORDED ON DECEMBER
12, 2007, BOOK 26102 PAGE 2955 IN THE PUBLIC RECORDS OF MIAMI-
DADE COUNTY, FLORIDA, AMENDED BY THAT CERTAIN FIRST
AMENDMENT RECORDED ON DECEMBER 12, 2007, BOOK 26102 PAGE
3110 AND AMENDED BY THAT CERTAIN SECOND AMENDMENT
RECORDED ON NOVEMBER 24, 2008, BOOK 26662 PAGE 355 IN THE
PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, CONTAINING A
COMBINED TOTAL SIZE OF APPROXIMATELY 7.83 ACRES ON A PORTION
OF CITY OF MIAMI ("CITY") OWNED PROPERTY LOCATED AT 888
MACARTHUR CAUSEWAY, WATSON ISLAND, MIAMI, FLORIDA, LEGALLY
DESCRIBED IN EXHIBIT "A" OF THE ATTACHED AND INCORPORATED
THIRD AMENDMENT; AND (2) A SECOND AMENDMENT EASEMENT
AGREEMENT (PARCEL G) ("SECOND AMENDMENT"), IN SUBSTANTIALLY
THE FORM ATTACHED AS EXHIBIT "B," TO THE GRANT OF EASEMENT,
RECORDED ON OCTOBER 6, 2008, BOOK 26598 PAGE 1473 IN THE PUBLIC
RECORDS OF MIAMI-DADE COUNTY, FLORIDA, AMENDED BY THAT
CERTAIN FIRST AMENDMENT RECORDED ON OCTOBER 6, 2008, BOOK
26598 PAGE 1498 IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY,
FLORIDA, CONTAINING A TOTAL SIZE OF APPROXIMATELY EIGHT
THOUSAND, SEVEN HUNDRED NINETY (8,790) SQUARE FEET ON A
PORTION OF CITY -OWNED PROPERTY LOCATED AT 888 MACARTHUR
CAUSEWAY, WATSON ISLAND, MIAMI, FLORIDA, AS LEGALLY DESCRIBED
IN EXHIBIT "B" OF THE SECOND AMENDMENT, ATTACHED AND
INCORPORATED, (THE PROPOSED SECOND AND THIRD AMENDMENTS
ARE HEREINAFTER JOINTLY REFERRED TO AS THE "AMENDED
EASEMENT AGREEMENTS"); FURTHER PROVIDING THAT THE PROPOSED
AMENDED EASEMENT AGREEMENTS ARE TO BE ENTERED INTO
BETWEEN THE CITY, BH3 IG DEVELOPER LLC, ("BH3"), ISLAND GARDENS
DEEP HARBOUR LLC, IG LUXURY LLC, IG RESIDENCES LLC, IG LIFESTYLE
LLC, IG RETAIL LLC, AND IG PARKING LLC, ("TENANTS"), WITH TERMS
AND CONDITIONS, MORE PARTICULARLY SET FORTH IN THE AMENDED
EASEMENT AGREEMENTS.
SPONSOR(S): Commissioner Damian Pardo
WHEREAS, the City of Miami ("City") is the owner of certain upland property on Watson
Island located at 888 MacArthur Causeway, Miami, Florida and certain submerged land located
adjacent thereto (the "Property"); and
WHEREAS, pursuant to Resolution R-25-0526, the City and IG Luxury LLC, a Delaware
limited liability company ("Developer"), entered into that certain Agreement for Purchase and
City of Miami Page 1 of 2 File ID: 19148 (Revision: A) Printed On: 6/2/2026
File ID: 19148 Enactment Number: R-26-0189
Sale dated January 2, 2026 ("PSA"), to acquire a portion of the Property containing
approximately 3.2 acres; and
WHEREAS, pursuant to Section 3(k) in Exhibit D of the PSA, titled "Community Public
Benefits" ("CPB"), the City, Developer, and BH3 IG DEVELOPER LLC, a Delaware limited
liability company ("BH3"), agreed to use good faith efforts to negotiate and amend existing
easement agreements referenced hereinabove for infrastructure enhancements and waterfront
promenade expansion, as more particularly set forth in the Amended Easement Agreements
("Intended Purpose"); and
WHEREAS, the City and Tenants have negotiated the attached Amended Easement
Agreements in furtherance of the Intended Purpose;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is hereby authorized' to execute the Amended Easement
Agreements, in a form acceptable to the City Attorney, for the Intended Purpose.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
rge
ng IIV, C ty ttor -y 6/2/2026
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 19148 (Revision: A) Printed on: 6/2/2026