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HomeMy WebLinkAboutR-74-1264RESOLUTION NO+, 74-12 4 .x. A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER AND THE CITY CLERIC TO ENTER INTO AN AGREEMENT, WITHOUT THE ADMISSION OF LIABILITY, IN THE CASE OF CITY OF MIAMI VS. FLORIDA EAST COAST RAILWAY COMPANY, CIRCUIT COURT CASE NUMBER 74-18560, PROVIDING FOR THE SALE OF FILL BY THE CITY OF MIAMI TO THE FLORIDA EAST COAST RAILWAY COMPANY. WHEREAS, in the case of City of Miami vs. Florida East Coast Railway Company, Circuit Court Case No. 74-18560, the City of Miami procured a temporary injunction to prevent further filling of the Florida East Coast Railway property by the Railway Company at the Railway's P. & O. Dock property on July 3, 1974; and WHEREAS, the Florida East Coast Railway Company is claiming certain damages to have accrued as a result of the entry of the temporary injunction, which was subsequently dissolved; and WHEREAS, damages are properly assessible against a plaintiff where there has been an entry of a temporary injunc- tion which has been subsequently dissolved; and WHEREAS, after negotiation between representatives of the City of Miami and the Florida East Coast Railway Company, it has been agreed that possible damages which might accrue to the Florida East Coast Railway Company as a result of the entry of the temporary injunction may be mitigated in the following fashion: (1) By the sale of 79,576 cubic yards of fill by the City of Miami to the Florida East Coast Railway Company, at a price of $1.2831 per cubic yard; said price to be adjusted upward or downward, depending upon whether the cost of loading and moving fill and inspectors' fees is more or less than 81 cents per cubic yard, based upon the lowest bid of no less than three responsible contractors; said fill to come from the old City port property; (2) The above amount of payment to the City for the said 79,576 cubic yards of fill is to be reduced by the sum of $25,000 to cover out of pocket costs to the Railway Company but agrees only that if any liability for said costs is subsequently found to exist, the amount of damages will be mitigated and lessened by the 79,576 cubic yards of fill made available to the Florida East Coast Railway Company ; and WHEREAS, the City of Miami wishes to be released from liability as to all damages possibly incurred for legal and court costs to the Railway; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager and the City Clerk of the City of Miami are hereby authorized and directed to enter into an agreement, without the admission of liability, in the case. of City of Miami vs. Florida East Coast Railway Company, Circuit Court Case Number 74-18560, providing for the sale of fill, by the City of Miami to the Florida East Coast Railway Company on the following terms and conditions: (a) The City of Miami shall sell to the Florida East Coast Railway Company 79,576 cubic yards of fill at a price of $1.2831 per cubic yard; said price to be adjusted upward or downward, depending upon whether the cost of loading and moving fill and inspectors' fees is more or less than 81 cents per cubic yard, based upon the lowest bid of no less than three responsible contractors; said fill to come from the Old City port property; ..2- (b) The amount of the payment required for the sale of the fill shall be reduced by the sum of $25,000 to cover out of pocket costs to the Railway Company, including legal fees and expenses involved in the court proceedings; (c) The City of Miami shall be released from all liability as to damages, legal expenses and court costs to the Railway as a result of the case of City of Miami vs. Florida East Coast Railway Company, Circuit Coqut Case No. 74-18560, including any and all appeals and petitions from said case; (d) The City of Miami in entering into the agreement does not admit liability. PASSED AND ADOPTED this 21 day of NOVEMEER 1974. MAURICE A, FERRE ATTEST: zi CI CLERK PREPARED AND APPROVED BY: MAYOR MICHEL E. ANDERSON Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: HN S. LLOYD ty Attorney CITY COMMISSION M'F.T1NG OF NOV24-49774 mow. km NO .7. . • �� ? P REMAK!l:. -3- ITEM "DOCUMENT INDEX INDEX