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1313 1 RESOLUTION NO. _____ _ 2 3 A Resolution authorizing the City Manager to execute a settlement agreement 4 between The Young Men's Christian Association of Greater Miami, Inc. and 5 the City of South Miami. 6 7 WHEREAS, the City filed suit against the YMCA in Case No. 13-01689 CA OS, titled 8 City of South Miami, a Municipal Corporation, Plaintiff, v. The Young Men's Christian 9 Association of Greater Miami, Inc., a Florida Not For Profit Corporation; and 10 11 WHEREAS, the City's complaint sought to terminate the 50 year lease that the City had 12 entered into with the YMCA in 2005 and obtain possession of the property; to obtain 13 compensatory damages for breach of the lease, including attorney fees pursuant to the terms of 14 the Lease; to obtain damages for breach of a unilateral contract and breach of the sales 15 agreement; and to obtain damages for fraud; and 16 17 WHEREAS, the YMCA counter sued the City for breach of the lease, breach of an 18 implied covenant of good faith and fair dealing, unjust enrichment, a declarations of the party's 19 rights and liabilities and the YMCA sought damages in excess of $1,000,000 as well as attorney 20 fees and costs; and 21 22 WHEREAS, the City Attorney and the attorney for YMCA have negotiated a proposed 23 settlement agreement; and 24 25 WHEREAS, the terms of the proposed settlement are that (1) the lease between the City 26 and the YMCA, that is the subject of the litigation, shall immediately terminate and, thus, the 27 YMCA's leasehold interest in the subject property shall also immediately terminate; (2) the City 28 of South Miami's claim for rent, maintenance, or other expenses associated with the subject lease 29 shall be waived; (3) the claims of the City and the YMCA for damages (or other claim) against 30 each other, for any cause of action arising out of or related to the sale of the property, the subject 31 lease, or any other matter relating to the subject property, as well as any and all other matters 32 shall be waived; (4) the City and the YMCA shall execute mutual general releases as to any and 33 all claims that either may have against the other from the beginning of the world to the date of 34 the signing of the release; (5) the general releases shall be delivered within 10 days after 35 approval by the proposed settlement agreement by the City Commission; (6) both sides shall bear 36 their own attorney fees and costs incurred in the subject litigation; (7) the complaint and the 37 counterclaim shall immediately thereafter be dismissed with prejudice; and (8) an agreed order 38 dismissing the complaint and the counterclaim with prejudice shall be filed with the court. 39 40 NOW, THEREF,ORE, BE IT RESOLVED BY THE MAYOR AND CITY 41 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: 42 43 Section 1. The City of South Miami accepts and approves of the settlement terms set 44 forth in the recitals above and those terms are made a part hereof by reference. 45 Page 10f2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Section 2. The City Manager is hereby authorized to execute a settlement agreement between The Young Men's Christian Association of Greater Miami, Inc. and the City of South Miami containing the same, or substantially the same, terms and conditions set forth in Section 1 of this resolution. Section 3. If any section clause, sentence, or phrase of this resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this resolution. Section 4. This resolution shall become effective immediately upon adoption by vote of the City Commission. PASSED AND ADOPTED this __ day of _____ , 2014. ATTEST: APPROVED: CITY CLERK MAYOR COMMISSION VOTE: READ AND APPROVED AS TO FORM, LANGUAGE, LEGALITY AND EXECUTION THEREOF Mayor Stoddard: Vice Mayor Harris: Commissioner Edmond: Commissioner Liebman: CITY ATTORNEY Commissioner Welsh: Page 2 of2