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HomeMy WebLinkAbout26295AGREEMENT INFORMATION AGREEMENT NUMBER 26295 NAME/TYPE OF AGREEMENT SG LITTLE HAVANA LLC DESCRIPTION MEMORANDUM OF GROUND LEASE FOR PHASE 1 AND PHASE 2 EFFECTIVE DATE September 22, 2026 ATTESTED BY TODD B. HANNON ATTESTED DATE 9/22/2026 DATE RECEIVED FROM ISSUING DEPT. 9/30/2026 NOTE City of Miami Department of Community Development Maria T. Ason, Contract Compliance Analyst 305.416.1971 (phone) - 305.416.2090 (fax) mason@miamigov.com TO: City Clerk DATE: September 29, 2026 Enclosed you will find the original executed Memorandum of Ground Lease for site 1 and site 2 in connection with the SG Little Havana project. If you have any questions or requests, please call me at 305-416-1971. Thank you. ACCEPTED / RECEIVED BY: PRINT NAME: DATE: TIME: CITY OF MIAMI DOCUMENT ROUTING FORM ORIGINATING DEPARTMENT: Housing and Community Development 9 DEPT. CONTACT PERSON: Maria T Ason NAME OF CONTRACTUAL PARTY/ENTITY: SG Little Havana LLC IS THIS AGREEMENT TO BE EXPEDITED/RUSH: TOTAL CONTRACT AMOUNT: $ 0.00 EXT. 1971 TYPE OF AGREEMENT: ❑ MANAGEMENT AGREEMENT ❑ PROFESSIONAL SERVICE AGREEMENT 0 GRANT AGREEMENT ❑ EXPERT CONSULTANT AGREEMENT ❑ LICENSE AGREEMENT OTHER (PLEASE SPECIFY): Memorandum of Ground FUNDING INVOLVED? YES 7 NO YES Li NO 0 PUBLIC WORKS AGREEMENT 0 MAINTENANCE AGREEMENT 0 INTER -LOCAL AGREEMENT 0 LEASE AGREEMENT 0 PURCHASE OR SALE AGREEMENT Lease for Phase I and Phase II PURPOSE OF ITEM (DETAILED SUMMARY/ ADD ADDITONAL PAGES IF NECESSARY): tor the development of the project. Execute memorandums of ground lease COMMISSION APPROVAL DATE: 05/28/2026 FILE ID: 19291 IF THIS DOES NOT REQUIRE COMMISSION APPROVAL, PLEASE EXPLAIN: ENACTMENT No.: R-26-0237 ROUTING INFORMATION DATE PLEASE PRINT AND SIGN APPROVAL BY DEPARTMENT DIRECTOR/ DESIGNEE (�` / ii 5 /c& PRINT: VICTOR TURNER/JOHN QUADE SIGNATURE: 1 Q(4,a- e-- APPROVAL BY RISK MANAGEMENT PRINT: DAVID RUIZ JD CPCU SIGNATURE: APPROVAL BAY CITY ATTORNEY s (v". - I ` r6 G� PRINT: GEORGE WYSONG I11 IL (/V�' SIGNATURE: APPROVAL BY ASSISTANT CITY MANAGER PRINT: ERICA PA CHAL DA G SIGNATURE: APPROVAL BY DEPUTY CITY MANAGER 61 - I7- 2-(2 PRINT: NATASHA COLEBROOK-WILLIAMS SIGNATURE etV APPROVAL BY CITY MANAGER 9..IA- PRINT: JAMES REYES SIGNATURE: � APPROVAL BY CITY CLERK 1'9 /)- ' PRINT: TODD B. HANNON SIGNATURE: PLEASE ATTACH THIS ROUTING FORM TO ALL DOCUMENTS THAT REQUIRE EXECUTION BY THE CITY MANAGER PREPARED BY, RECORD AND RETURN TO: Kenneth R. Florio Goodkind & Florio, P.A. 12861 SW 68th Avenue Pinecrest, Florida 33156 [Space Above This Line For Recording Data] MEMORANDUM OF GROUND LEASE THIS MEMORANDUM OF GROUND LEASE (this "Memorandum") is made by THE CITY OF MIAMI ("Landlord") for the benefit of SG LITTLE HAVANA, LLC, a Florida limited liability company ("Tenant"). 1. Landlord and Tenant entered into a Ground Lease dated July 10,2026 (the "Lease"), for that certain real property located in Miami -Dade County, Florida, legally described on Exhibit 1 hereto (the "Property"). 2. Subject to termination for default, the Lease has a term of ninety-nine (99) years, which may be extended by Tenant for an additional 99 years pursuant to the terms of the Lease. 3. Upon the scheduled expiration or early termination of the Lease as provided for therein, Tenant shall promptly execute, in recordable form, and deliver to Landlord a Termination of Lease. In the event Tenant fails to provide the foregoing Termination of Lease within thirty (30) days after Landlord's written request therefor, City shall be entitled to execute the same for and on behalf of Tenant and Tenant hereby appoints C ity as attorney in fact for the limited purpose of execution of such Termination of Lease. This Memorandum is not a complete summary of the Lease. Provisions in this Memorandum shall not be used to interpret the provisions of the Lease, and, in the event of conflict between this Memorandum and the Lease, the Lease shall control. [Signatures on Following Pages] 1 ATTEST: By: Date: Qnc> ty Clerk LANDLORD: CITY OF MIAMI, a Florida By: James Reyes, 1 corporation APPROVED AS TO FORM CORRECTNESS: By'%►/C, George K. Wyson City Attomey Af S-3184K STATE OF FLORIDA ) COUNTY OF MIAMI-DADE ) 21I HEREBY CERTIFY that the foregoing instrument was acknowledged before me this day of September, 2026, in [X] my physical presence, James Reyes, who is personally known to me or who produced as identification. My commission expires: SANDRA GILBERT MY COMMISSION # HH 623478 EXPIRES: April 20, 2029 2 Witnesses: TENANT: aliwitp) Address: Print A, ss: ,40 2,/ STATE OF FLORIDA COUNTY OF MIAMI-DADE SG LITTLE HAVANA, LLC a Florida limited liability company By: Michael Swerdlow, , anager The foregoing instrument was acknowledged before me by means of lit physical presence or ❑ online notarization this ate'` day of Seci\ziye , 2026, by Michael Swerdlow, Manager of SG Little Havana Manager, LLC, , a Florida lAited ability company, the Manager of 5215 Flagler Street, LLC, a Florida limited liability company, on behalf of the companies. He is personally known to me or ❑ ❑ has produced , as identification. [NOTARY SEAL] 1 Notary Public State of Florida I 1 >� Karla Chansuolme My Commission HH 386948 Expires 4/16/2027 ul Notary Public, State of Florida Commission No.: HH3�faq My Commission Expires: 04\\(0\26Z1 3 EXHIBIT 1 (Legal Description) Parcel I (Folio No. 01-4102-006-6450): Lot 8, in Block 105 of LAWRENCE ESTATE LAND CO'S SUBDIVISION, according to the Plat thereof, as recorded in Plat Boo k2, at Page 46, of the Public Records of Miami -Dade County, Florida. Parcel 2 (Folio No. 01-4102-006-6460): Lot 9, in Block 105 of LAWRENCE ESTATE LAND CO'S SUBDIVISION, according to the Plat thereof, as recorded in P1atBook2, at Page 46, of the Public Records of Miami -Dade County, Florida. Parcel 3 (Folio No. 01-4102-006-6470): Lot 10 in Block 105 of LAWRENCE ESTATE LAND CO'S SUBDIVISION, according to the Plat thereof, as recorded in Plat Boo k2, at Page 46, of the Public Records of Miami -Dade County, Florida. Less and except road right-of-way being more particularly described as follows: Begin at the N.W. corner of said Lot 10; thence tun N 87°42'18" E along the Northerly boundary of said Lot 10, for a distance of 24.78 feet to the Point of Beginning of a circular curve concave to the Southeast and having for its elements a radius of25.00 feet and a tangent bearing of S 87°42' 18" W; thence tun Southwesterly, Southerly and Southeasterly along the arc of said circular curveto the left, through a central angle of 89 °29 '29" for a distance of 39.05 feet to the point of tangency and a point on the Westerly boundary of said Lot 10; thence tun N 01°47'11" W along said Westerly boundary of Lot 10 for a distance of 24.78 feet to the Point of Beginning. Parcel 4 (Folio Nos. 01-4102-006-6480 and 01-4102-006-6490): Lots 11 and 12 less the South 10 feet thereof, in Block 105 and less the exterior area of curve in SW comer of Lot 11, in Block 105, and Lot 13, less the South 10 feet thereof, in Block 105, ofLAWRENCE ESTATE LAND CO'S SUBIDIVISION, according to the Plat thereof, as recorded in Plat Book 2, at Page 46, of the Public Records of Miami -Dade County, Florida. 4