HomeMy WebLinkAboutMaster ReportCON, 01.41
City of Miami
Department Head Review
Completed
Christopher M Rose
4/9/2017
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Master Report
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4/10/2017
File Number: 2089
Revision:
Enactment Number: R-17-0202
File Type: Resolution
File Name: Pre -approve - Transfer of Controlling Interest of
Bayside
Requesting Dept: Department of Real Estate and Asset
Management
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 3/30/2017
Final Action Date: 4/27/2017
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION APPROVING THE PENDING
TRANSFER OF THE CONTROLLING INTEREST OF BAYSIDE MARKETPLACE, LLC
("BAYSIDE MARKETPLACE") TO BAYSIDE EQUITIES, LLC, A SUBSIDIARY OF
ASHKENAZY ACQUISITION CORP., THEREBY TRANSFERRING THE CONTROLLING
INTEREST OF BAYSIDE MARKETPLACE PURSUANT TO THE RESTATED LEASE
AGREEMENT DATED AS OF OCTOBER 15, 1985, AS AMENDED ("RETAIL LEASE"), AND
THE LEASE AGREEMENT DATED JANUARY 14, 1985, AS AMENDED ("PARKING GARAGE
LEASE"), JOINTLY REFERRED TO AS "LEASES", BOTH BY AND BETWEEN THE CITY OF
MIAMI ("CITY"), AS LANDLORD, AND BAYSIDE MARKETPLACE, LLC, AS TENANT,
PROVIDING THE CITY A TRANSFER FEE OF APPROXIMATELY ONE MILLION SEVEN
HUNDRED NINETY SIX THOUSAND DOLLARS ($1,796,000.00) UPON THE COMPLETION
OF THE TRANSFER PURSUANT TO THE LEASES; FURTHER APPROVING AND
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY
DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO THE LEASES, IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO
EFFECTUATE SAID TRANSFER.
Sponsors:
Notes:
Links:
Attachments: 2089 Back -Up Documents (PDF)
2089 -Submittal -Commissioner Carollo-Email Bayside Transfer (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Aldo Bustamante
4/6/2017
Department Head Review
Completed
Christopher M Rose
4/9/2017
Budget Review
Completed
Alberto N. Parjus
4/10/2017
Assistant City Manager Review
Completed
Daniel J. Alfonso
4/10/2017
City Manager Review
Completed
Victoria Mendez
4/18/2017
Approved Form and
Completed
Correctness
City Commission
4/27/2017
Meeting
Completed
City Commission
4/27/2017
ADOPTED
Passed
Mayor's Office
5/2/2017
Signed by the Mayor
Completed
City Clerk's Office
5/2/2017
Signed and Attested by the City
Completed
Clerk
City of Miami Page 1 of 1 Printed on: 8/28/2017