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Res No 069-10-13103RESOLUTION NO. 69 -10 -13103 A resolution of the Mayor and City Commission of the City of South Miami, Florida instructing the City Manager and the City Attorney on proceeding with the outstanding issues concerning the Municipal Garage and the Lease Agreement with Mark Richman Properties; and providing an effective date. WHEREAS, the Committee of the Whole on March 23, 2010 discussed issues with the Municipal Garage, and gave instructions to the City Manager and the City Attorney; and WHEREAS, it is appropriate that the aforesaid instructions be formalized by a resolution. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT: Section z� Cit. C,..,,.,,issien hereby , --i � S]GC P.A. to represent the Gily of South Miami in eenjunetion with issues under the he se an' with the Property -1 1-P-_` se- I to the attaelited enl-al-eme— 1--er -dated Mareh J 2010, .,.1. ; letter is attached to and .....ade .. part of this resolution as though (ally se Section 1. The City Manager, and Deputy City Attorney, and outside ,.,...nse shall determine whether the failure to pay ad valorem taxes on March 30, 2010, because an Appeal was filed, constitutes a default under the Lease. (Note: The taxes have been paid as of March 30, 2010) Section 2. The City Manager shall work with the Audit Committee to retain an independent accounting firm to review the Lease, check for compliance, establish actual capital costs and relevance of debt payments which information should be furnished to the City Commission as soon as possible. The City Manager is to add this to the scope of work to be done by the same audit firm being selected by the Audit Committee to perform the City's annual audit. The garage related audit work will be a stand -alone report. Thus, the selection process for said auditor of the Garage will be the same accounting firm that is being selected in the selection process currently underway for annual audit of the City. The City Commission shall be the final authority for awarding the audit agreement. Section 3. The City Manager, Deputy City Attorney, and outside counsel shall keep the lines of communication open with the County Attorney and Property Appraiser in addressing the situation wherein the Property Appraiser previously suggested that the Garage and its actual space could be converted into a condominium. It should be clear that the City has not made a final determination as to whether or not it is Page 1 of 2 Res. no. 69 -10 -13103 interest of the City of South Miami to convert the Garage property into a condominium and any such action may be done with approval by the City Commission Section 4. This resolution shall take effect immediately upon approval. PASSED AND ADOPTED THIS 6th DAY OF April 2010. ATTEST: Y CLERK /MAYOR COMMISSION VOTE: 5 -0 Mayor Stoddard: Yea Vice Mayor Newman: Yea Commissioner Palmer: Yea Commissioner Beasley: Yea Commissioner Harris: Yea READ AND APPROVED AS TO FORM AND SUF IENCY: 1 LAURENCE FEINGOLD CITY ATTORNEY WAMy Documents\resolutions \Resolution garage.newman rev(2).doc Page 2 of 2