Loading...
HomeMy WebLinkAboutFirst Amendment to Development AgreementFIRST AMENDMENT TO DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MIAMI, FLORIDA AND RIVER LANDING DEVELOPMENT, LLC, REGARDING DEVELOPMENT OF THE RIVER LANDING PROJECT This is a First Amendment to Development Agreement ("First Amendment") made this day of 2019, between R.L. Miami, LP Uk/a River Landing Development, LLC, a Delaware Limited Partnership, ("Owner"); and the City of Miami, Florida, a municipal corporation and a political subdivision of the State of Florida ("City"), collectively referred to as the "Parties" to this Agreement. RECITALS WHEREAS, the Owner is the fee simple owner of 8.14 acres of property in Miami -Dade County, Florida, legally described on Exhibit "A", having a street address of 1500 NW North River Drive, Miami, Florida ("Property"); and WHEREAS, the City Commission approved a Special Area Plan, as amended, for the Property, pursuant to Ordinance 13382, in order to develop the Property as a mixed-use development with residential units, retail, restaurants, a riverwalk, and other amenities ("Project"); and WHEREAS, the City and Owner executed a Development Agreement attached as Exhibit "B", approved by the City Commission pursuant to Ordinance No. 13383, adopted May 23, 2013 and recorded in Book 29137, Page 2556 of the Public Records of Miami -Dade County, Florida, to develop the Project; and WHEREAS, the proposed Project location on the Miami River will allow for use and enjoyment of the Miami River by not only the residents and patrons of the Property, but also the general public; and WHEREAS, the proposed Project will create certain recurring fiscal benefits for the City's tax base as well as much needed temporary and permanent jobs for the City's residents; and WHEREAS, it is the policy of the City to promote and encourage private sector development that will create jobs and cause economic development, which will have long term benefits to the City of Miami; and WHEREAS, the Development Agreement required that the Owner use best efforts to acquire abutting property from Miami -Dade County; and WHEREAS, the an affiliate of the Owner, River Landing Conservation Foundation, Inc., a Florida not-for-profit corporation ("Owner's Affiliate") acquired the abutting property to the Project as evidenced by the deed attached as Exhibit "C" and recorded in Book 30609, Page 1364 of the Public Records of Miami -Dade County, Florida and subject to a Declaration of Restrictive Covenants attached as Exhibit "D" and recorded in Book 30609, Page 1234 of the Public Records of Miami -Dade County, Florida ("Declaration of Restrictions"), requiring Owner's Affiliate to among other things construct and maintain pedestrian walkways and similar improvements to the MIAMI 6402677.3 84195/87925 abutting property for the use of the public, said improvements totaling nearly four million dollars in preliminary budget; and WHEREAS, the River Landing project will include approximately two (2) acres of open, public green space within its development; WHEREAS, River Landing will construct an additional one and a half (1.5) acres of green space on property adjacent to the River Landing project and to be managed by Owner's Affiliate located at approximately 1280 NW 11 Street, abutting the Project ("Abutting Parcel"); and WHEREAS, the Owner has requested an amendment to the Development Agreement to use the park impact fees charged by the City in the Project and immediate surrounding neighborhood; and WHEREAS, the City is desirous of spurring economic development of mixed-use projects in Enterprise Zone(s) and the urban core; and WHEREAS, assurances to the Owner that they may proceed in accordance with existing laws and policies, subject to the conditions of a development agreement, strengthens the public planning process, encourages sound capital improvement planning and financing, assists in assuring there are adequate capital facilities for the development, encourages private participation in comprehensive planning, and reduces the economic costs of development. NOW THEREFORE, in consideration of the mutual covenants contained herein, it is hereby understood and agreed: The recitals are true and correct and are incorporated into and made a part of this Agreement. Section 1. Recitals. The above recitals are true and correct and incorporated herein by reference. Section 2. Definitions_ Capitalized terms shall have the definition as set forth in Section 3 of the Development Agreement. Section 3. Notice. Section 15 of the Development Agreement is hereby replaced with the following: Notice. All notices, demands, and requests which are required to be given hereunder shall, except as otherwise expressly provided, be in writing and delivered by personal service or sent by United States Registered or Certified Mail, return receipt requested, postage prepaid, or by overnight express delivery, such as Federal Express, to the Parties at the addresses listed below. Any notice given pursuant to this Agreement shall be deemed given when received. Any actions required to be taken hereunder which fall on Saturday, Sunday, or United States legal holidays shall be deemed to be performed timely when taken on the succeeding day thereafter which shall not be a Saturday, Sunday, or legal holiday. MIAMI 6402677.3 84195/87925 To the City: City Manager City of Miami 3500 Pan American Drive Miami, FL 33133 With a copy to: City Attorney Miami Riverside Center 444 S.W. 2nd Ave., 9th Floor Miami, FL 33130 To R.L. Miami LLP f/k/a River Landing Development, LLC/Owner: Andrew Hellinger and Coralee Penabad. 283 Catalonia Avenue, Suite 100 Coral Gables, FL 33134 With a copy to: Javier F. Avin6, Esq. Bilzin Sumberg 1450 Brickell Avenue, Suite 2300 Miami, Florida 33131 Any party to this Agreement may change its notification address(es) by providing written notification to the remaining Parties pursuant to the terms and conditions of this Section. Section 4. Public Benefits Pursuant to the Development Agreement. Section 21 of the Development Agreement is hereby replaced with the following: (a) Job Creation & Employment Opportunities. Generally, the Owner shall consult with local and state economic development entities regarding job training and job placement services for area City residents seeking employment opportunities with potential employers which will locate or establish a business within the River Landing SAP. (b) Additional Land. Owner has acquired the parcel of land (generally known as 1280 Northwest 11 Street) located east of the River Landing SAP (the "Abutting Parcel"). The City and Owner agree that, in lieu of a cash payment to the City for park impact fees that would be due by Owner to the City, the Owner will apply the park impact fee contribution towards the construction of open and green spaces in the Project and on the Abutting Parcel. Owner shall also construct and maintain pedestrian walkways and similar improvements as contemplated by the Declaration of Restrictions. In addition, Owner agrees to spend up to $350,000.00 of these sums to enhance the areas surrounding the River Landing Project and within the Health District for certain public improvements authorized and approved by the City (the "Improvements") consistent with the improvements required by the Declaration of Restrictions and the list of proposed Improvements currently under consideration by the City as set forth in MIAMI 6402677.3 84195/87925 Exhibit "E" attached hereto and made a part hereof. Any increase in the number of residential dwelling units over 528 residential dwelling units shall require that Owner to pay the corresponding park impact fees for such residential units, as required by the City Code. (c) Bonus Floor Area. The River Landing SAP had an additional 61,015 square feet of floor area considered bonus floor area. The City hereby finds that the proposed Project with the Improvements will confer a significant net improvement and public benefit by the addition of the open spaces and green spaces and hereby deems said contribution compliant with any Public Benefit contribution required pursuant to Section 3.14.4(b) of Miami 21. However, any increase beyond 61,015 square feet of bonus floor area will require the Applicant to provide the corresponding Public Benefits Fees per the City's Public Benefits Program. (d) Development of Abutting Parcel. Owner shall provide a master landscaping plan for the Abutting Parcel be reviewed and approved by the Director of the Planning Department, said plan shall be in accordance with Article 9 of the Miami 21 Code titled "Landscape Requirements," Chapter 17 of the City Code, and all federal, state, county, and municipal regulations including the Miami Greenway Action Plan for the River Landings SAP. Said master landscape plan shall include at a minimum the following: (i) Plans that show and list improvements on the Abutting Parcel as contemplated by the Declaration of Restrictions and indicate the location, materials, cost analysis, and street segments related to each improvement. (ii) Incorporation of lighting, pedestrian walkways, greenways, bicycle paths, and a riverwalk per City Code and the Miami Greenway Action Plan. Section 5. Amendment. Notwithstanding this Amendment, all terms and conditions of the Development Agreement not in conflict with this Amendment shall remain in full force and effect and biding upon the Parties. Section 6. Counterparts. This First Amendment may be executed in counterparts and by electronic mail, each of which executed counterpart shall constitute the same agreement and shall be deemed an original and the signature of any party to any counterpart shall be deemed a signature to, and may be appended to, any other counterpart. Section 7. Successors and Assigns. All of the terms and conditions of this First Amendment shall apply to benefit and bind the successors and assigns of the respective parties. [Signatures on next page] MIAMI 6402677.3 84195/87925 IN WITNESS WHERE OF, these presents have been executed this day of 12019. R.L. MIAMI LP, a Delaware limited partnership By: By: Its: STATE OF ) ) SS COUNTY OF ) The foregoing instrument was acknowledged before me this day of 2019 by of R.L. Miami LP who is ( ) personally known to me or ( ) produced a valid driver's license as identification. Notary Public: Sign Name: Print Name: My Commission Expires: (Notarial Seal) MIAMI 6402677.3 84195/87925 IN WITNESS WHEREOF, these presents have been executed this day of 2019. ATTEST: Todd Hannon, City Clerk APPROVED AS TO LEGAL FORM AND CORRECTNESS: Victoria Mendez City Attorney MIAMI 6402677.3 84195/87925 CITY OF MIAMI, a municipal corporation BY: Emilio T. Gonzalez, Ph.D., City Manager EXHIBIT "A" PROPERTY DESCRIPTION Lots 7, 10, 11 and 12 of "ST. JOHN PARK", according to the Plat thereof, as recorded in Plat Book 5, Page 19, TOGETHER WITH, Tract "A" of "MAHI SHRINE SUBDIVISION", according to the Plat thereof, as recorded in Plat Book 164, Page 16, AND, Tract "A" of "RIVER LANDING", according to the Plat thereof, as recorded in Plat Book 172, Page 5, all of the Public Records of Miami -Dade County. LESS AND EXCEPT: A portion of aforementioned Lot 7 of "ST. JOHN PARK", being more particularly described as follows: BEGIN at the Northwest corner of said Lot 7; then run Southeasterly along the Northeasterly line of said Lot 7 for a distance of 87.86 feet; thence deflecting to the right for an angle of 178° 26' 55" run Northwesterly for a distance of 86.91 feet to the point of intersection with the West line of said Lot 7; thence run Northerly along the West line of said Lot 7 for a distance of 2.55 feet to the POINT OF BEGINNING. MIAMI 6402677.3 84195/87925 Exhibit `B" RECORDED DEVELOPMENT AGREEMENT CFN: 20140322386 BOOK 29137 PAGE 2555 DATE:05/0512014 0225:09 PM HARVEY RUVIN, CLERK OF COURT. MIA-DADE CTY DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MIAMI, FLORIDA AND RIVER LANDING DEVELOPMENT, LLC, REGARDING DEVELOPMENT OF THE RIVER LANDING PROJECT This is a Development Agreement ("Agreement") made this 2A day of uA-V�- 2014, between River Landing Development, LLC, a Florida limited liability company, ("Owner"); and the City of Miami, Florida, a municipal corporation and a political subdivision of the State of Florida ( "City"), collectively referred to as the "Parties" to this Agreement. RECITALS WHEREAS, the Owner is the fee simple owner of 8.14 acres of property in Miami -Dade County, Florida, legally described on Exhibit "A", having a street address of 1500 NW North River Drive, Miami, Florida ( "Property"); and WHEREAS, on January 18, 2013, the Owner filed an application with the City for approval of a Special Area Plan ( "River banding SAP") in order to develop the Property as a miPx7e'(dj use development with residential units, retail, restaurants, a riverwalk, and other amenities WHEREAS, the Owner received Waiver 913-0002 pursuant to Article 3, Section 3.9 of the Miami 21 Code ("Zoning Ordinance") from the City to allow a ten percent (10%) reduction in the required minimum acreage of nine (9) acres where the River Landing SAP is for approximately 8.14 acres; and WHEREAS, the proposed Project location on the Miami River will allow for use and enjoyment of the Miami River by not only the residents and patrons of the Property, but also the general public; and WHEREAS, the proposed Project will create certain recurring fiscal benefits for the City's tax base as well as mueh needed temporary and permanent jobs for the City's residents; and WHEREAS, the Parties wish for the development to proceed substantially in accordance with the "River Landing SAP Regulating Plan and Design Concept Book" attached as Exhibit "B" ("Regulating Plan and Design Concept Book"); and WHEREAS, as a condition to the approval of the River Landing SAP, the Owner and the Owner must enter into a development agreement pursuant to Article 3, Section 3,9 of the Zoning Ordinance and the Florida Local Government Development Agreement Act, Florida Statutes, 163.3220 through 163.3243; and MIAMI 4099321.2 79670142063 MIAMI 6402677.3 84195/87925 WHEREAS, assurances to the Owner that they may proceed in accordance with existing laws and policies, subject to the conditions of a development agreement, strengthens the public planning process, encourages sound capital improvement planning and financing, assists in assuring there are adequate capital facilities for the development, encourages private participation in comprehensive planning, and reduces the economic costs of development; and WHEREAS, the City Commission pursuant to Ordinance No. 13383, adopted May 23, 2013, has authorized the City Manager to execute this Agreement upon the terms and conditions as set forth below, and the Owner has been duly authorized to execute this Agreement upon the terms and conditions set forth below. NOW THEREFORE, in consideration of the mutual covenants contained herein, it is hereby understood and agreed: The recitals are true and correct and are incorporated into and made a part of this Agreement. Section 1. Consideration. The Parties hereby agree that the consideration and obligations recited and provided for under this Agreement constitute substantial benefits to all Parties and thus adequate consideration for this Agreement. Section 2. Rules of Legal Construction, For all purposes of the Agreement, unless otherwise expressly provided: (a) A defined term has the meaning assigned to it; (b) Words in the singular include the plural and words in plural include the singular; (c) A pronoun in one gender includes and applies to other genders as well; (d) The terms "hereunder", "herein", "hereof', "hereto", and such similar terms shall refer to the instant Agreement in its entirety and not to individual sections or articles; (e) The Parties hereto agree that this Agreement shall not be more strictly construed against any individual party as all Parties are drafters of this Agreement; and (1) The attached exhibits shall be deemed adopted and incorporated into the Agreement; provided, however, that this Agreement shall be deemed to control in the event of a conflict between the attachments and this Agreement. Section 3. Definitions. Capitalized terms which are not specifically defined herein shall have the meaning given in the Zoning Ordinance. "Agreement" means this Development Agreement between the City and the Owner. MIAMI 4099321.2 79670142063 2 MIAMI 6402677.3 84195/87925 "City" means the City of Miami, a municipal corporation of the State of Florida, and all departments, agencies, and instrumentalities subject to the jurisdiction thereof. "Comprehensive Plan" means the comprehensive plan known as the Miami Comprehensive Neighborhood Plan (MCNP) adopted by the City pursuant to Chapter 163, Florida Statutes (2012), meeting the requirements of Sections 163.3177, 163.3178, and 163.3221(2), Florida Statutes (2012), which is in effect as of the Effective Date of the Agreement. "County" means Miami -Dade County, a political subdivision of the State of Florida. "Development" means the carrying out of any building activity, the making of any material change in the use or appearance of any structure or land, or the dividing of land into three (3) or more parcels and such other activities described in Section 163.3221(4), Florida Statutes (2013). "Effective Date" is the date of recordation of the executed, original version of this Agreement. "Existing Zoning" is the applicable zoning designation and land development regulations of the Zoning Ordinance, the City Charter, and the City Code in effect as of the time of the effective date of this Agreement. "Land" means the earth, water, and air above, below, or on the surface, and includes any improvements or structures customarily regarded as land. "Laws" mean all ordinances, resolutions, regulations, comprehensive plans, land development regulations, and rules adopted by a federal, local or State government affecting the Development of Land. "Public Facilities" mean major capital improvements, including, but not limited to, transportation, sanitary sewer, solid waste, drainage, potable water, educational facilities, parks and recreational facilities, streets, parking and health systems and facilities. "Parties" means the Owner, the Owner, and the City who are all signatories to this Agreement. Section 4. Purpose. The purpose of this Agreement is for the City to authorize the Owner to redevelop the Properties pursuant to the River Landing SAP. This Agreement will establish, as of the Effective Date, the land development regulations which will govern the Development of the River Landing SAP Property, thereby providing the Parties with additional certainty during the Development process. This Agreement satisfies the requirements of Article 3, Section 3.9.1.f, of the Zoning Ordinance. MIAMI 4099321.2 79670142063 MIAMI 6402677.3 84195/87925 Section 5. Intent. The Owner and the City intend for this Agreement to be construed and implemented so as to effectuate the purpose of the River Landing SAP, this Agreement, the Comprehensive Plan, Existing Zoning, and the Florida Local Government Development Agreement Act, s. 163.3220 - 163.3243, Florida Statutes (2012). Section 6. Applicability. This Agreement only applies to the River Landing SAP Properties identified in Exhibit "A." Section 7. Effective Date and Binding Effect. This Agreement shall have a term of thirty (30) years from the Effective Date and shall be recorded in the public records of Miami -Dade County and filed with the City Clerk. The term of this Agreement may be extended by mutual consent of the Parties subject to a public hearing, pursuant to s. 163.3225, Florida Statutes (2012). This Agreement shall become effective on the Effective Date and shall constitute a covenant running with the land that shall be binding upon, and inure to, the benefit of the Developer Parties, their successors, assigns, heirs, legal representatives, and personal representatives. If the Property is submitted to condominium ownership, then the association or other entity designated to represent all of the condominium ownership interests as to the Property, as may be applicable, shall be the proper entity or entities to execute any such release for properties in a condominium form of ownership after City approval as discussed herein. Section 8. Site Plan. The Property will be developed and used in compliance with the Regulating Plan and Design Concept Book as described in attached Exhibit "B" to this Agreement. Section 9. Zoning, Permitted Development Uses, and Building Intensities, The City has designated the Property as River Landing SAP on the official zoning Atlas of the City, pursuant to the applicable procedures in the Zoning Ordinance, As part of the River Landing SAP process, the Property is being rezoned to T6-24-0. The Regulating Plan and Design Concept Book attached as Exhibit "B" provides for any deviations from the underlying regulations of the Zoning Ordinance. In approving the River Landing SAP, the City has determined that the uses, intensities, and densities of Development permitted thereunder are consistent with the Comprehensive Plan and the Zoning Ordinance. Signage and deviations to the regulations in the Zoning Ordinance are articulated further in the Regulating Plan and Design Concept Book and will be approved administratively in accordance with these regulations. Section 10. Future Development. Development within the River Landing SAP shall proceed pursuant to the Regulating Plan and Design Concept Book attached as Exhibit "B". The criteria to be used in determining whether future Development shall be approved are consistent with the Comprehensive Plan, this Agreement, and the River Landing SAP. The Comprehensive Plan, this Agreement, and the River Landing SAP shall govern Development of the Property for the duration of the Agreement_ The City's laws and policies adopted after the Effective Date may be applied to the Property only if the determinations required by Section 163.3233(2), Florida Statutes (2012) have been made after 30 days written notice to the Owner and atter a public hearing. Pursuant to Section 163.3233(3), Florida Statutes (2012), a prohibition on downzoning supplements, rather than supplants, any rights that may be vested to the Owner under Florida or Federal law. As a result, the Owner may challenge any subsequently adopted changes to land development regulations based on (a) common law principles including, but not limited to, MIAMI 4099321.2 79670/42063 4 MIAMI 6402677.3 84195/87925 equitable estoppel and vested rights; or (b) statutory rights which may accrue by virtue of Chapter 70, Florida Statutes (2012). Section 11. Local Development Permits. The Project may require additional permits or approvals from the City, County, State, or Federal government and any division thereof. Subject to required legal processes and approvals, the City shall make a good faith effort to take all reasonable steps to cooperate with and facilitate all such approvals. Such approvals include, without limitation, the following approvals and permits and any successor or analogous approvals and permits: (a) Subdivision plat or waiver of plat approvals; (b) Covenant in Lieu of Unity of Title or Unity of Title acceptance or the release of existing unities or covenants; (c) Building permits; (d) Certificates of use or occupancy; (e) Stormwater Permits; and (f) Any other official action of the Federal, City, County, State or any other government agency having the effect of permitting development of the Property. In the event that the City substantially modifies its land Development regulations regarding site plan approval procedures, authority to approve any site plan for the Project shall be vested solely with the City Manager, with the recommendation of the Planning Director or any other relevant parry. Any such site plan shall be approved if it meets the requirements and criteria of the Zoning Ordinance, the Comprehensive Plan, and the terms of this Agreement. Section 12. Riverwalk. The Owner, at their sole cost and expense, agrees to make certain improvements at the rear of the Property immediately fronting the Miami ]fiver (the "Riverwalk"). The Riverwalk shall be built, constructed, installed, and maintained substantially in compliance with the plans as depicted in Exhibit °B". The Riverwalk will be open to the public and maintained by the Owner. Section 13. Utilities and Easements. The Owner understands and agrees that the utilities presently serving the Property may be insufficient for the Development of the Project. The Owner agrees that they will, at their sole cost and expense, make any and all changes, improvements, alterations, or enhancements to these facilities necessary or appropriate to provide the highest level of service to the Property without in any manner diminishing the service to other properties within the City. Section 14. Compliance With Florida Building Code, Florida Fire/Life Safety Laws, and all Applicable Laws, The Owner shall at all times in the Development and operation of the Project comply with all applicable laws, ordinances, and regulations including but not limited to the Florida Building Code and Florida Life Safety codes to ensure the safety of all Project and MIAMI 4099321.2 79670142063 MIAMI 6402677.3 84195/87925 City residents and guests. Specifically and without limitation, the Owner will install and construct all required fire safety equipment and water lines with flow sufficient to contain all possible fire occurrences. Section 15. Notice. All notices, demands, and requests which are required to be given hereunder shall, except as otherwise expressly provided, be in writing and delivered by personal service or sent by United States Registered or Certified Mail, return receipt requested, postage prepaid, or by overnight express delivery, such as Federal Express, to the Parties at the addresses listed below. Any notice given pursuant to this Agreement shall be deemed given when received. Any actions required to be taken hereunder which fall on Saturday, Sunday, or United States legal holidays shall be deemed to be performed timely when taken on the succeeding day thereafter which shall not be a Saturday, Sunday, or legal holiday. To the City: City Manager City of Miami 3500 Pan American Drive Miami, FL 33133 With a copy to: City Attorney Miami Riverside Center 444 S.W. 2nd Ave., 9th Floor Miami, FL 33130 To River Landing Development, LLC/Owner: Andrew Mellinger, Esq. and Coralee Penabad, Esq. 235 Altara Avenue Coral Gables, FL 33146 With a copy to. A. 'Vicky Garcia -Toledo, Esq, Bilzin Sumberg Baena Price and Axelrod, LLP 1450 Brickell Avenue, 23rd Floor Miami, FL 33131 Any party to this Agreement may change its notification address(es) by providing written notification to the remaining Parties pursuant to the terms and conditions of this section. Section 16. Environmental. The City finds that the proposed Project will confer a significant net improvement upon the publicly accessible tree canopy in the area. The Parties agree that the Owner will comply with the intent and requirements of Chapter 17 of the City Code within the River Landing SAP where required. Section 17. Seawall. The Owner shall be responsible for any repairs to the seawall in compliance with the standards set forth by the Army Corps of Engineers and the City Code. MIAMI 4099321.2 79670/42063 MIAMI 6402677.3 84195/87925 Section 18. "Waterfront Specialty Center Designation. Pursuant to Chapter 4 of the City Code, the River Landing SAP is designated as a Waterfront Specialty Center. Section 19. Alcoholic Beverage Sales. Upon approval of this Agreement, pursuant to Chapter 4 of the City Code, a Waterfront Specialty Center is hereby designated for the River Landing SAP. Any establishments located therein shall be entitled to the benefits afforded by Chapter 4 of the City Code. Notwithstanding the requirements of Sec. 4-3,2 of the City Code, Planning, Zoning and Appeals Board and City Commission approval shall not be required for bars (including taverns, pubs, and lounges), nightclubs, and supper clubs as principal uses proposed to be located on the River Landing SAP. The maximum number of establishments selling alcoholic beverages permitted within the Waterfront Specialty Center shall not exceed four (4) establishments, but exclusive of any bona fide, licensed restaurants where the sale of alcoholic beverages is entirely incidental to and in conjunction with the principal use of the sale of food (e.g. bona fide, licensed restaurants, with a 2 -COP, 2 -COP SRX, 4 -COP, 4 -COP SRX, or an equivalent license). The number of approved establishments may be increased by amendment to this Agreement before the City Commission and Section 27 of this Agreement. Section 20. Archaeological. Due to the Project's location in a high probability Archaeological Conservation Area, the City will require the Owner to obtain a Certificate to Dig, pursuant to Chapter 23 of the City Code, to dig prior to any ground disturbing activities. Section 21. Public Benefits Pursuant to this Agreement. (a) Job Creation & Employment Opportunities. Generally, the Owner shall consult with local and state economic development entities regarding job training and job placement services for area City residents seeking employment opportunities with potential employers which will locate or establish a business within the River Landing SAP. (b) Pursuit of Additional Land. The Owner hereby agrees to use its best efforts to acquire by lease or fee simple ownership a parcel of land east of the River Landing SAP for open space within the River Landing SAP. The Owner will update the City on an annual basis regarding this acquisition. Section 22. Emergency Management. The Owner shall ensure public safety and protection of property within the coastal zone from the threat of hurricanes. A portion of the River Landing SAP is part of the Coastal High Hazard Area (CHHA) as depicted in the Map in Appendix CM -1 of the MCNP. The Owner will review the Development's potential impact on evacuation times and shelter needs in the event of a hurricane. Section 23, Covenant. The River Landing SAP is on the Miami River, and incorporates residential Development. Pursuant to the City's MCNP, Policy PA -3.1.9., the Owner shall record a covenant running with the land acknowledging and accepting the presence of the existing MIAMI 4099321.2 79670142063 MIAMI 6402677.3 84195/87925 working waterfront 24-hour operations as permitted. This Covenant shall be separate and apart from this Agreement. Section 24. Multiple Ownership. In the event of multiple ownership subsequent to the approval of the Agreement, each of the subsequent owners, mortgagees, and other successors having interest in the Property (or any portion thereof, including condominium unit owners) shall be bound by the terms and provisions of this Agreement as covenants that run with the Property. Section 25. Common Area Maintenance. The Owner will create, prior to the conveyance of any portion of the Property (less than the entire Property), a master association or other entity which shall provide for the maintenance of all common areas, private roadways, cross - easements, and other amenities common to the Property. This Agreement shall not preclude the Owner(s) of the Property from maintaining their own buildings or common areas not common to the Property, outside the control of the master association. The instrument creating the master association or other entity shall be subject to the approval of the City Attorney. Section 26. Modification. The provisions of this Agreement may be amended, added to, derogated, deleted, modified, or changed from time to time only by recorded instrument executed by the Owner, and the City after public hearing before the City Commission. If the Property is submitted to condominium ownership, then the association or other entity designated to represent all of the condominium interests as to the Property, as may be applicable, shall be the proper entity or entities to execute any such instrument described herein for properties in a condominium form of ownership after approval by the City and public hearing before the City Commission. Section 27. Enforcement. The City, its successor or assigns, and the Owner shall have the right to enforce any of the provisions of this Agreement. Enforcement shall be by action at law or in equity against any party or person violating or attempting to violate any covenants, either to restrain violation or to recover damages or both. The prevailing party in the action or suit shall be entitled to recover, in addition to costs and disbursements allowed by law, such sum as the court may adjudge to be reasonable for the services of its attorney. Additionally, the City may enforce this Agreement by any means allowed by law, including but not limited to injunction or via Chapter 2, Article X of the City Code. Section 28. Authorization to Withhold Permits and Inspections. In the event the Owner is obligated to make payments or improvements under the terms of this Agreement or to take or refrain from taking any other action under this Agreement, and such obligations are not performed as required, in addition to any other remedies available, the City is hereby authorized to withhold any further permits for the Property and refuse any inspections or grant any approvals, with regard to any portion of the Property until such time this Agreement is complied with. Section 29. Exclusive Venue, Choice of Law, Specific Performance. It is mutually understood and agreed by all the Parties hereto that this Agreement shall be governed by the laws of the State of Florida, and any applicable federal law, both as to interpretation and performance, and that any action at of law, suit in equity or judicial proceedings for the enforcement of this Agreement or any provision hereof shall be instituted only in the courts of the State of Florida or MIAMI 4099321.2 79670/42063 MIAMI 6402677.3 84195/87925 federal courts and venue for any such actions shall lie exclusively in a court of competent jurisdiction in Miami -Dade County. In addition to any other legal rights, the City and the Owner shall each have the right to specific performance of this Agreement in court. If an action is brought in a court of competent jurisdiction, the prevailing party will be entitled to reasonable attorneys' fees as the court may adjudge and all costs incurred. Each party waives any defense, whether asserted by motion or pleading, that the aforementioned courts are an improper or inconvenient venue. Moreover, the Parties consent to the personal jurisdiction of the aforementioned courts and irrevocably waive any objections to said jurisdiction. The Parties irrevocably waive any rights to a jury trial. Section 30. Severability. Invalidation of any of these sections in the Agreement, by judgment of court in any action initiated by a third party, in no way shall affect any of the other provisions of this Agreement, which shall remain in full force and effect. Section 31. Events of Default. (a) The Owner shall be in default under this Agreement if the Owner fails to perform or is in breach of any term, covenant, or condition of this Agreement which is not cured within thirty (30) days after receipt of written notice from the City specifying the nature of such breach; provided, however, that if such breach cannot reasonably be cured within thirty (30) days, then Owner shall not be in default if it commences to cure such breach within said thirty (30) day period, diligently prosecutes such cure to completion, and notifies the City in writing of its attempt to comply. (b) The City shall be in default under this Agreement if the City fails to perform or breaches any term, covenant, or condition of this Agreement and such failure is not cured within thirty (30) days after receipt of written notice from the Owner specifying the nature of such breach; provided, however, that if such breach cannot reasonably be cured within thirty (30) days, the City shall not be in default if it commences to cure such breach within said thirty (30) day period and diligently prosecutes such cure to completion. (c) It shall not be a default under this Agreement if either party is declared bankrupt by a court of competent jurisdiction after the Project has been built. All rights and obligations in this Agreement shall survive such bankruptcy of either party. The Parties hereby forfeit any right to terminate this Agreement upon the bankruptcy of the other party. (c) The default of any Owner or successor or Owner of any portion of the Owner's rights hereunder shall not be deemed a breach by any other Owner, or any other successor or Owner of any portion of the rights of the Owner hereunder or any other successor. MIAMI 4099321.2 79670/42063 MIAMI 6402677.3 84195/87925 Section 32. Remedies Upon Default. (a) Neither party may terminate this Agreement upon the default of the other party but shall have all of the remedies enumerated herein. (b) Upon the occurrence of a default by a party to this Agreement not cured within the applicable grace period, the Owner and the City agree that any party may seek specific performance of this Agreement, and that seeking specific performance shall not waive any right of such party to also seek monetary damages, injunctive relief, or any other relief other than termination of this Agreement. If an action is brought in a court of competent jurisdiction to seek specific performance, the prevailing party will be entitled to reasonable attorneys' fees as the court may adjudge and all costs incurred Section 33. Obligations Surviving Termination Hereof. Notwithstanding and prevailing over any contrary term or provision contained herein, in the event of any lawful termination of this Agreement, the following obligations shall survive such termination and continue in full force and effect until the expiration of a one (1) year term following the earlier of the effective date of such termination or the expiration of the Term: (i) the exclusive venue and choice of law provisions contained herein; (ii) rights of any party arising during or attributable to the period prior to expiration or earlier termination of this Agreement; and (iii) any other term or provision herein which expressly indicates either that it survives the termination or expiration hereof or is or may be applicable or effective beyond the expiration or permitted early termination hereof. Section 34. Lack of Agency Relationship. Nothing contained herein shall be construed as establishing an agency relationship between the Parties nor its employees, agents, contractors, subsidiaries, divisions, affiliates, or guests shall be deemed agents, instrumentalities, employees, or contractors of the City for any purpose hereunder, and the City, its contractors, agents, and employees shall not be deemed contractors, agents, or employees of the Owner or its subsidiaries, divisions, or affiliates. Section 35. Cooperation. (a) The Parties agree to cooperate with each other to the full extent practicable pursuant to the terms and conditions of this Agreement. The City shall use its best efforts to expedite the permitting and approval process in an effort to assist the Owner in achieving its Development and construction milestones. The City will accommodate requests from the Owner or the Owner's general contractor and subcontractors for review of phased or multiple permitting packages, as allowed by law or as approved by the Building Official in consultation with the Planning Director or any other relevant parties, such as those for excavation, site work and foundations, building shell, core, and interiors. (b) Notwithstanding the foregoing, the City shall not be obligated to issue Development permits to the extent the Owner does not comply with the applicable requirements of the Zoning Ordinance, the Comprehensive Plan, this Agreement, or any applicable building codes. MIAMI 4099321.2 79670/42063 10 MIAMI 6402677.3 84195/87925 Section 36. Recording. This Agreement shall be recorded in the Public Records of Miami - Dade County, Florida at the Owner's expense and shall inure to the benefit of the City. A copy of the recorded Agreement shall be provided to the City Manager, City Clerk, and City Attorney within two (2) weeks of recording. Section 37. Successor(s), Assigns, and Designees. The covenants and obligations set forth in this Agreement shall extend to the Owner, their successor(s) and/or assigns. Nothing contained herein shall be deemed to be a dedication, conveyance, or grant to the public in general nor to any persons or entities except as expressly set forth herein. MIAMI 4099321.2 79670/42063 11 MIAMI 6402677.3 84195/87925 IN WITNESS WHEREOF, these presents have been executed this 2-J day of 94!4 , 2014. RIVER LANDING DEVELOPMENT LLC, a Florida limited liability company By: STATE OF /%W I ice( ) COUNTY OF %�ii ' bah ) SS By: A,Ae,W 411,/ � Its: Au V 1� The foregoing instrument was acknowledged before me this J�l day of �I�J, 2014 by AM �� W fd t"GcW4w,, f River Landing Development LLC who is (sC ) sonally kno to me or ( oduced a hd driver's liven identification. c Notary Public Sign Name: Print Name - My �� My Commission Expires: [NOTARIAL SEAL) MIAMI 4099321179670/42063 12 MIAMI 6402677.3 84195/87925 urroaol+ see E�IRE9: Novembx 2, 2073 1 . Badk7lruNodY� I IN WITNESS WHEREOF, these presents have been executed this '?•l day of Mares , 2014. ATTEST r t; Tori E�hnaa ity Clerk r y 9. APPR ''VE9`A� TO ,FdRM AND CORRECTNESS. l L tel` --cam• Victo a M6ndez� City Attorney MIAMI 4099321.2 79670142063 13 MIAMI 6402677.3 84195/87925 CITY OF MIAMI, a municipal corporation BYE Danie o s City Manager Exhibit "C" DEED OF ADJACENT PROPERTY TO OWNER'S AFFILIATE Instrument prepared by and returned to: Robert Warren, Real Estate Advisor Miami -Dade County, Regulatory and Economic Resources Department 111 N.W. I Street, Suite 1200 Miami, Florida 33128-1907 Folio No.: 01-3135-037-0090 I I�IIII ��I�� flll� f91(�111� I�IfI VIII 111 Iii CFH 2017RO395c761 OR BY. 30LO? Pqs 1364-1367 t4F'3s i hECORREF:, . i1��*2.0; 'K.ED DDC: Tkx tdiJr;`12;`_ ,60 SUSTAr �O.tia ,i Xi VF'4 R NIN: CLEF}:'. OF COUP.T 1FlAdi-t-ADL CG1JI.'1Y; FLOKCII (SPACE ABOVE TMS LINE RESERVED FOR. RECORDING DATA) COUNTY DEED THIS COUNTY DEED, made this 1% A day of 7tl� , 2017, by Miami -Dade County, Florida, a political subdivision of the State of Florida, party of the first part (the "County"), whose address is: Stephen P. Clark Center, 111 N.W. 1st Street, Suite 2460, Miami, Florida 33128, and the River Landing Conservation Foundation, Inc., (the "Foundation") a Florida not- for-profit corporation, party of the second part, whose address is: 283 Catalonia Avenue, Coral Gables, Florida 33134. WITNESSETH: That the said party of the first part, for and in consideration of the sum of Ten ($10.00) Dollars, to it in hand paid by the party of the second part, receipt whereof is hereby acknowledged has granted, bargained and sold, except without the right to convey or assign, to the party of the second part, its successors and assigns forever, the following described lands lying and being in Miami -Dade County, Florida, (the 'Property"): LEGAL DESCRIPTION TRACT 9 OF CIVIC CENTER SECTION ONE, according to the Plat thereof recorded in Plat Book 75, at Page 36, of the Public Records of Miami -Dade County, Florida, including that parcel of land lying North of the Miami River and South and Southwesterly of Southerly right-of-way of NW I I Street; Less and except the following: that portion of said TRACT 9 which was transferred by County Deed from the County to the State Road Department of Florida (n/k/a Florida Department of Transportation) on June 28, 1966 as recorded in Official Records Book 5159, Page 320 of the Public Records of Miami -Dade MIAMI 6402677.3 84195/87925 County (the "State Property") and less and except four separate conveyances to the Miami -Dade Expressway Authority, an agency of the State of Florida, its successors and assigns recorded in Official Record Book 29936, Page 1058 in the Public Records of Miami -Dade County, recorded in Official Record Book 29936, Page 1063 in the Public Records of Miami -Dade County, recorded in Official Record Book 29936, Page 1068 in the Public Records of Miami -Dade County, and recorded in Official Record Book 29936, Page 1073 in the Public Records of Miami -Dade County. Said conveyance is subject to all easements, dedications and other notations contained in the Plat of Civic Center Section One, according to the plat thereof recorded in Plat Book 75, Page 36 of the Public Records of Miami -Dade County, Florida; and is further subject to the easement granted by Dade County to the Department of Water and Sewer of the City of Miami, dated December 20, 1955 and attached hereto. Said conveyance is subject to the restrictions set forth in the Declaration of Restrictions recorded on -,1-0 1-- Y l A I A v 1 ! in Official Records Book 3� d at Page 14 in the Public Records of Miami -Dade County. Address: 1280 NW I lth Street, Miami, FL 33125 (the "Property") Folio No: 01-3135-037-0090 This grant conveys only the interest of the County and its Board of County Commissioners in the Property herein described and shall not be deemed to warrant the title or to represent any statement of facts concerning the same. This grant is made solely for the public not for profit purpose of construction, maintenance and creation of sea wall improvements, pedestrian walkways and green space, enhancement, beautification, Iandscaping and lighting of the walkways along the banks of the Miami River and greenways along the north side of the Miami River according to the City of Miami Greenway Action Plan for the benefit of all Miami - Dade County residents for the non-profit use of the public, and for no other use and subject to the terms and conditions contained in the Declaration of Restrictions (tbe "Declaration") executed together with this Deed on ::j --U L.. Y t i I 1.0 1 % If in the sole discretion of the County, the Property ceases to be used for these purposes by the Foundation, or the Foundation ceases to exist, or changes or loses its status as a not-for- profit corporation, or if the Foundation violates the terms contained in the Declaration, including but not limited to construction of the improvements or expenditure of funds set forth in Exhibits MIAMI 6402677.3 84195/87925 A and S of the Declaration, title to the Property shall revert to the County, at the option of the County under the terms set forth in the Declaration. In the event of such reverter, the Foundation shall immediately deed the Property back to the County, and the County shall have the right to immediate possession of the Property, with any and all improvements thereon, at no cost to the County. The effectiveness of the reverter shall take place after final notice is provided by the County, regardless of the deed back to the County by the Foundation. The County retains a reversionary interest in the Property, which right may be exercised by the County in accordance with this Deed or the Declaration. Upon such reversion, the County may file a Notice of Reversion evidencing same in the public records of Miami -Dade County. [THE REMAINDER OF THIS PAGE WAS INTENTIONALLY LEFT BLANK] [ONLY THE SIGNATURE PAGE FOLLOWS) MIAMI 6402677.3 84195/87925 couyry Or [Np 0 OR BF 30609 PG 1367 LAST PAGE IN WITNESS WHEREOF/ Miami -Dade County has caused these presents to be executed in its name by its Board of County Commissioners acting by the Chairperson or Vice- Chair Person of said Board, the day and year aforesaid. (OFFICIAL SEAL) ATTEST: FLORIDA HARVEY RUVIN, CLERK sem: c`v ¢M Deputy Clerk .., Approved for legal sufficiency: MIAMI -DARE COUNTY, BY ITS BOARD OF COUNTY COMtWSIONERS By: C The foregoing was authorized by Resolution No.: R-593-15, approved by the Board of County Commissioners ofMiami-Dade County, Florida, onthe 30'x' day of June, 2015. D S1 ATE of FEURIDA. COUNT of DAt}E `TN,c O�NTy0 . -+EREBY CERYIFV Ihdl lhr5 r5 a IrUe My 01 me Q% Aay 0! U I rtl r .nyrnal l,re" rn r1a5 elfrce Cq' yr;.dESSmynan�ar Olirc i ar.ane CeunM Gouts cvRl1�N nn ��44 DC. �y- TAM, MIAMI 6402677.3 84195/87925 Exhibit "D" DECLARATION OF RESTRICTIONS CFC 2017RO395131171 r DR 6i( 30609 Fas 123.4-1241 (USS) REf.OJRDEL 82/12,'u17 11;K.,21 LVIRVEY RuviN, 'CERK OF :0116:7 MIAMI -DAGF COUNTY, rUIR'IDA This instrument was prepared by: Robert Warren, Real Estate Advisor Regulatory and Economic Resources Department Miami -Dade County 111 N.W. Ist Street, Suite 1200 Miami, Florida 33128 Folio No.: 01-3135-037-0090 (Space reserved for Clerk) DECLARATION OF RESTRICTIONS WHEREAS, Miami -Dade County (the "County") has approved the conveyance to the River Landing Conservation Foundation, Inc. (the "Foundation"), a Florida not-for-profit corporation, of real property located in the City of Miami, Florida, subject to the execution of this Declaration of Restrictions ("Declaration"), Iegally described as follows: TRACT 9 OF CIVIC CENTER SECTION ONE, according to the Plat thereof recorded in Plat Book 75, at Page 36, of the Public Records of Miami -Dade County, Florida, including that parcel of land lying North of the Miami River and South and Southwesterly of Southerly right-of-way of NW I1 Street; Less and except the following: that portion of said TRACT 9 which was transferred by County Deed from the County to the State Road Department of Florida (n/k/a Florida Department of Transportation) on June 28, 1966 as recorded in Official Records Book 5159, Page 320 of the Public Records of Miami -Dade County (the "State Property") and less and except four separate conveyances to the Miami -Dade Expressway Authority, an agency of the State of Florida, its successors and assigns recorded in Official Record Book 29936, Page 1058 in the Public Records of Miami -Dade County, recorded in Official Record Book 29936, Page 1063 in the Public Records of Miami -Dade County, recorded in Official Record Book 29936, Page 1068 in the Public Records of Miami -Dade County, and recorded in Official Record Book 29936, Page 1073 in the Public Records of Miami -Dade County. Said conveyance is subject to all easements, dedications and other notations contained in the Plat of Civic Center Section One, according to the plat thereof recorded in Plat Book 75, Page 36 of the Public Records of Miami -Dade County, Florida; and is further subject to the easement granted by Dade County to the Department of coa,yr` Water and Sewer of the City of Miami, dated December 20, 1955 and attached hereto. rmN, MIAMI 6402677.3 84195/87925 Said conveyance is subject to the restrictions set forth in the County Deed recorded contemporaneously herewith in the Public Records ofMiami-Dade County. Address: 1280NW I lth. Street, Miami, FL 33125 Folio No: 01-3135-037-0090 WHEREAS, the Foundation hereby acknowledges and agrees that this Declaration was an inducement and part of the consideration for the County to convey the Property to the Foundation. NOW THEREFORE, in order to assure the County that the representations made by the Foundation will always be abided by, the Foundation, for sufficient consideration, makes the following Declaration covering and running with the Property. The Foundation hereby agrees and stipulates as follows: Permitted Use of the Property. The Property shall solely be used by the Foundation to: construct, maintain, and create pedestrian walkways on the boundary of the Property and to enhance, beautify, landscape and light the walkways along the banks of the Miami River, and to build, create and maintain sea-wall improvements and greenways along the north side of the Miami River (collectively the "Improvements"), all of which shall be for such not for profit use by the public at all times and at no charge, consistent with all governmental regulations and according to the City of Miami Greenway Action Plan for the benefit of the public, and for no other use. No for-profit use shall be made of the Property. Notwithstanding the foregoing, incidental shows or fairs may be held on the Property provided that they shall be open to the public and limited to a total duration of thirty (30) total days per year. Construction of the Improvements, with the exception of the seawall as set forth herein, shall be completed, as evidenced by a final certificate of completion or its equivalent, within three (3) years of the conveyance of the Property. Solely with respect to the improvements to the seawall, such construction shall be completed, as evidenced by a final certificate of completion or its equivalent, within three (3) years of the conveyance of the Property; provided, however, that if the Foundation has applied and paid for all necessary permits, and through no fault or delay of the Foundation, the seawall has not been completed within the three year period, then the timeframe for completion may be extended by the County Mayor or the County Mayor's designee in one year increments for atotal of three additional years, to be determined in the sole discretion of the County Mayor, Immediately following its completion, the Improvements shall continuously be maintained solely for the uses set forth in this section. Nothing in this Declaration, however, shall prevent the Foundation from modifying or updating the walkways or seawall to be consistent with any future modifications of the Miami River Greenway Action Plan. The Foundation shall maintain the Improvements along the boundary of the property consistent with all governmental regulations, including, but not limited to, the City of Miami standards for the Miami River and the State of Florida Inland Waterways regulations or standards. u 1'4 2 �•`5- `� MIAMI 6402677.3 84195/87925 As a minimum condition of this Declaration, in addition to any additional requirements set forth herein, the Foundation shall construct and create the improvements, and expend the funds on same, as set forth in Exhibits A and B, attached hereto and made a part hereof. Such construction, use, maintenance, and expenditure shall be a required and enforceable condition of this Declaration. County Ins nection and Richt to Audit. It is hereby agreed that the County, or its duly authorized agents, shall have the right at any time to inspect the Property, or upon reasonable notice, the Foundation's financial and accounting records, maintenance records, or other corporate documents related to the construction or maintenance of the Improvements to determine whether the requirements herein are being fully complied with. Such records shall be made available within fifteen (days) of such request by the County. Covenant Running with the Land. This Declaration shall constitute a covenant running with the land on the Property, and shall be recorded in the public records of Miami -Dade County, Florida, and shall remain in full force and effect and be binding upon the River Landing Conservation Foundation, and its subsidiaries, successors and assigns until such time as the same is modified, amended or released by mutual agreement with, and as evidenced by resolution of Miami -Dade County, The Foundation, its subsidiaries, successors and assigns, agree that acceptance of this Declaration is legally binding upon them, and does not in any way obligate or provide a Iimitation on the County. Assienment, Lease or Subseauent Conveyance. The Foundation shall not assign, lease, or convey or transfer the Property, in whole or in part, to any person or entity without the priorwritten consent of Miami -Dade County Board of County Commissioners, which may be withheld in its sole and absolute discretion. Modification, Amendment, Release. This Declaration may not be amended or released without the written consent of Miami -Dade County, in its sole and absolute discretion and pursuant to approval by extraordinary vote (2/3 required). Authorization for Miami -Dade Countv to Reacauire the Property. In the event that the Improvements are not constructed as set forth herein, including but not limited to expenditure of the funds and/or construction of the improvements set forth in Exhibits A and B hereto within the time frame set forth herein, or the Foundation ceases to exist or changes or loses its status as a not-for-profit organization, or any of the terms of this Declaration are not complied with, the County shall provide thirty (30) days written notice to the Foundation to provide the Foundation an opportunity to cure the default ("Grace Period"). If after expiration of the thirty (30) day Grace Period, the Foundation has not remedied the default, as determined in the County's sole and absolute discretion, then at the option of the County and upon ten (10) days' written notice, the Property shall then immediately revert to the County, along with any and all improvements thereon, without cost or expense to the County. This right shall be in addition cook, to any other remedy that the County may have herein and/or at law or in equity.*''°�,++� �oo� V u, MIAMI 6402677.3 84195/87925 Election of Remedies. All rights, remedies, and privileges granted herein shall be deemed to be cumulative and the exercise of any one or more shall neither be deemed to constitute an election of remedies, nor shall it preclude the party exercising the same from exercising, at will, such other additional rights, remedies, or privileges. Severabilitv. Invalidation of any one of these covenants, byjudgment of a court, shall not affect any of the other provisions which shall remain in full force and effect. However, if any material portion is invalidated, the County shall be entitled to reacquire the Property predicated upon the invalidated portion of this Declaration as a result of its reversionary interest in the Property. Reeordine. This Declaration shall be filed on the date the Property is conveyed to the Foundation, with the Declaration filed first and then the Deed for the Property filed immediately thereafter. This Declaration shall become effective immediately upon recordation. Acceptance of Declaration. The Foundation acknowledges that acceptance of this Declaration does not obligate Miami -Dade County in any manner, and does not entitle the Foundation to favorable approval of any application, zoning or otherwise, and that the County retains its ful I power and authority to any application, in whole or in part. Incorporation of Recitals. The Foundation hereby agrees that the recitals in this Declaration are hereby true and correct, and are incorporated into this Declaration. IN WITNESS WHEREOF, the representatives of the River Landing Conservation Foundation, Inc. have caused this Declaration to be executed by their respective and duty authorized representative on this __LO--day of TU I--'} . 2017, and they intend to be legally bound hereby to all of the terms and conditions of this Declaration. [THE REMAINDER OF THIS PAGE WAS INTENTIONALLY LEFT BLANK] [ONLY THE SIGNATURE PAGES FOLLOW] MIAMI 6402677.3 84195/87925 Clement nu ��ob�b LVitness, Attest: nessrAttest: STATE OF FIU A &0 - SS: COUNTY OF ry kAfA }Jame— River Landing Conservation Foundation, Inc. a Florida not-for-profit corporation By: .v' lAfd-- Name:Awmx) /,k& Title: DIiL-,✓an_ "rhe foregoing instr meat was acknowledged before me this�day of-JU". 2017. by (� ( l hP CW? of the River Landing Conservation Foundation. nc.. aFlorida not-for-profit corporation, whose title is r. -b r and s'I0as produced as identification or is pef,;elrally tutovrn iu rr. +q4"= CORALEEPERAM MY COMMISSION Y FF 24M4 `4 EXPIAE5: Jury 1, 2019 (S1= 4L) i,tr ` Bontlul Than Notary Pubk tWemt.,, Notary Public -State of Flmd a— a couHrr CommissionNumber: MIAMI 6402677.3 84195/87925 MIAMI-DADE COUN Y, FLORIDA, apolitical subdivisio ofthe State of Florida by its Boar f County Commissioners By: Name: IF!s TF— t�" Q o V O I UP- Tflle: <f "I P- to W Q ATTEST: HARVEY RUVIN RK r'Iit91j°'•,` Dep '•.Lpao:' �: APPROVED FOR FORM AND LEGAL SUFFICIENCY By: / , — Name: Title: Assistant County Attorney MIAMI 6402677.3 84195/87925 EXHIBIT "A" Required Use and Construction on the Property by the River Landing Conservation Foundation, Inc.: 1. Creation of scenic and pedestrian walkways along the banks of the Miami River for use by the public. 2. Creation and improvement of the seawall along the boundary of the Property on the banks of the Miami River to prevent erosion of the land and to allow the building of the pedestrian walkways, 3. Enhanced beautification, Iandscaping and lighting of the boundary of the Property creating pedestrian walkways, greenway and riverwalk along the banks of the Miami River and below the SR 936 highway. 4. Creation of green space along the banks of the Miami River. S. Construction of the pedestrian walkways, bicycle paths and supporting seawall along the length of the property all in conformity with the applicable zoning rules and regulations and all federal, state, county and municipal regulations, including, but not limited to the Miami Greenway Action Plan of April 2001 including its modifications and amendments according to any City of Miami ordinances and/or resolutions. 6. Construction of the itemized improvements on the Budget Estimate attached as Exhibit "B" to this Declaration. 7. The Foundation shall spend a minimum of $3,974,223, as per the specifications of Exhibit "B," in site work, construction, utilities and maintenance for the Property. MIAMI 6402677.3 84195/87925 EXHIBIT "B" OR BK Z30609 PG 1241 EAST PAGE Marell 1201, 2013 River Landing CountyPareel Alternate 1 MIAMI, F1. PREIJMINARY BUDGET ESTIMATE Gress Sita Area (SF): 94,1100 VrcI DESCRIPTION OF WORK SITE W ORK &JLr111TIES General Rem. Surveying, Loycdi, d Asb4lz Sadimenlalign Control Font Turbidly Sarder Canabuolf" Entrance Construction Gain. 20'-0° Truck Wnsh SWm Temporary Canslmcfl- Fence w! Scram MalAlaln Temporary Consbucllmr Fmce Demolition Aephelt removal concrete curb MMOval Tree RemmUCleard grub Ramnve Light Pale.fFeundnflona Earth Work Strip Topsail 0'-0" - Haul OWN Rough Glade Sits Stour+ Dralnace Slane Drainage System Saaltary Sewer ' smHery Seuar System ��""((a,Uirr Dlatrlbelfgn Irdgadon service Sita Etw0cal Lighting: waters Edge Lighting: Overhead Sita imoreyerneRR(s Rqu. eadsting eldewalk Stamped -note paving wl wood alemaid 12' Slab162ad subgr®de V Llmerack bass SO4W sal Irpn W-enna0te Tempemry sheet pI1'.ng Pawetedng LiUgtyl-tes (Diver) Mabdename of Traffic- Existing Roadway as Access Stmt piling, catenate mp, batter plea at new sea wal Limesteda bouldam 11Aing now Sao we] (1dlaml-Dade 1gmn1) Bond for bouldom, mstadal only (MiamWade rgnnl) Site Fumishinos Wellrvre3 Benches-WoodlM etaFOft Pfatnw.117r.h Rerepfarlas W-0 00 damp. Metal Rating Mlsc, FFE Designer Landecaolnc a Irrinatlan Landscaping -Large Palms Land-ping.Tieea Landsmping-ShmbstG=nd.v r Landscaping -Sod 1ldgaggn gubtntal C-tm.fi.h Coate General C-2- - & Mark t,w General Cm Mlona Insuranea Program Payment & Perlmm - Sand Design Caagngeney Cansbudm Owlingency Carlk =40n Ma,agam Fe® River Landing County Parcel Alternate 1 gMTY I UNIT I COST I TOTAL 1 Is 25,0D.Do 25,000 2,300 If 6.00 11,50 1,0011 ff 25.00 25,0D 2 ea 6.0D0.00 10,000 2 ae 1,20.0 2,400 1 ee 4,00.00 4,DD0 2,30 0 12.50 20,750 34g rah 23.ou 7,130 70,DDD at 0,17 11,DDD 1,316 InR 0.17 224 94,000 Sf 0.45 ..BOB 5 ea 307.33 1,037 1,741 c/' 10.39 19,85T 10,444 W 1.63 17,024 1 allow 20,000.00 20,000 NIA 1 dam? 10.00,00 10,00 10 m 2,000.00 20,00 30 ea 4,UDO.gU 123,00 12,40 of 5.00 74,40 25,000 of 12,1)0 312,00 2,509 sy 4,60 13.,01 2.,650 6y 7.50 21,567 9DD If 360.D0 316,000 1 idw 250,D00.00 250,00 1 Is 15,000.00 15,00 i Is 10,000.D0 10,00 75D If 1,300.00 075,00 760 If 135.00 101,250 750 Ir 90.0 GfUDD • 12 as 3,000.0 38,00 15 ea 1,409.00 21,00 3 Is 5,00.0 15,00 90D Inn 75.00 60,000 1 mw 75,00.0 75,0D 25 ea 3,760.00 93,753 40 ea 2,500.00 10,00 050 ee 65 -co 42,25[1 70,500 31 0.37 25,D05 04,0110 s1 0.45 42,300 3,222,223 400,01)1 40,01 32,001 1 2% 00,001 5% 200,001 E.Ii..0 Total•, zi r rE OF FLORIOA. COM' OF DADS 3,974,2 -- .4EREJ Y CERTIFY that this is a true copy Or the ,ngrnat luey m :Ors -!free On _ day of JUL -_ D :D NITNESS my - 1Seat. 4RVEYRIIVIA: '~ r4:r�rndandCeuntycouns #ZOa144 TAMSHIA OLD MIAMI 6402677.3 84195/87925 Exhibit "E" IMPROVEMENTS Development of improved bicycle and pedestrian connectivity in the streetscapes between the Project's Riverwalk, University of Miami Medical Campus, and the Health District; Development of improved bicycle and pedestrian connectivity in the streetscapes connecting to Spring Gardens. MIAMI 6402677.3 84195/87925