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2THE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM To: The Honorable Mayor & Members ofthe City Commission FROM: Steven Alexander, City Manager Agenda Item NO.::<" DATE: June 2, 2015 SUBJECT: A Resolution accepting the annual report required by the South Miami Development Corporation development agreement with the City of South Miami. BACKGROUND: In March 2005, the City Commission approved a mixed use project entitled "Project Sunset" located at 5750 Sunset Drive. The project is a unified development covering 2-Yz blocks (4.5 acres) in the Hometown District that includes 108 residential units and 87,212 square feet of commercial space. The approval included the approval (by Resolution #31-05-1201O) of two special exceptions to allow lot coverage and building square footage to exceed the maximums permitted and to allow four (4) drive-through teller lanes where only two are permitted. A second item approved was an ordinance to accept a site plan for the project and a Development Agreement pursuant to Florida Statutes 163.3220-163.3243 via Ordinance #05- 05-1827. In June of 2005, the City Commission approved an amendment to the development agreement via Ordinance #18-05-1840. This agreement was further updated on December 4, 2012 (Ordinance #28-12-2144) following a public hearing where the City Commission approved and amended the development agreement and on February 27, 2013, this revised development agreement was recorded with the county. The amended development agreement is listed as Exhibit "2" ofthe backup material. The 2014 Annual report was submitted to the City on May 8, 2015 by Mr. Jerry Proctor, Esq., representing the developer, South Miami Corporation and is listed as Exhibit "1". The report concludes that all of the obligations set forth in the Development Agreement are met. The executed Development Agreement and amendments are attached. The annual report must be reviewed by the City Commission at a public meeting. The City Commission may accept the report or if there is a finding by the Commission that there has been a failure to comply with the terms of the Development Agreement, the Agreement may be revoked or modified by the City. South Miami Corporation Annual Report -5750 Sunset Drive June 2, 2015 Page 2 of 3 RECOMMENDATION: The submitted report is in compliance with the terms of the Agreement and it is recommended that the report be accepted by adoption of the attached resolution. ATTACHMENTS: • Exhibit 1 • 2014 South Miami Corporation Annual Report, dated May 8, 2015 • Development Agreement, recorded on February 7, 2008 • Exhibit 2 • Amended Development Agreement, recorded on February 27, 2013 • Ordinance #18-05-1840 • Ordinance #28-12-2144 • Resolution #31-05-12010 MWL C\Users\skamali\Documents\South Miami Development AgreemenLCM Report.docx 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 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 RESOLUTION NO. _________ _ A Resolution accepting the annual report required by the South Miami Development Corporation development agreement with the City of South Miami. WHEREAS, in March, 2005 the City Commission approved a mixed use project entitled "Project Sunset" located at 5750 Sunset Drive, which project is a unified development covering 1-\1, blocks (4.5 acres) in the Hometown District and includes 108 residential units and 87,212 square feet of commercial space.; and WHEREAS, a Development Agreement was executed between the City of South Miami and the South Miami Corporation by the adoption of Ordinance No. 05-05-1827 in March 2005 and is legally considered effective for a maximum period of 10 years from the effective date of February 7, 2008; and WHEREAS, the Development Agreement includes the requirement (Section 27, p.l3) that the developer submit an annual report 30 days before the anniversary of the effective date which report is a status report showing that obligations have been met and that there has been compliance with the provisions of the Agreement. A copy of the Annual Report is attached as Exhibit "1"; and WHEREAS, on December 4, 2012 following a public hearing, the City Commission approved an amended development agreement; and WHEREAS, on February 27, 2013, the revised development agreement was recorded and is attached as Exhibit "2"; and WHEREAS, the annual report submitted to the Planning & Zoning Department on May 8, 2015 in accordance with the Development Agreement, must be reviewed by the City Commission at a public meeting and the City Commission may accept the report or if there is a fmding by the Commission that there has been a failure to comply with the terms of the Development Agreement, the Agreement may be revoked or modified by the City. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1: The 2014 Annual Report of the South Miami Corporation (First National Bank of South Miami) on their proposed "Project Sunset" located at 5750 Sunset Drive as required by Section 27 of the Development Agreement is hereby approved. Section 2. Effective Date. This resolution shall become effective immediately upon adoption by vote of the City Commission. PASSED AND ADOPTED this ~_, day of ___ ,2015. 1 2 ATTEST: APPROVED: 3 4 CITY CLERK MAYOR 5 6 READ AND APPROVED AS TO FORM, COMMISSION VOTE: 7 LANGUAGE, LEGALITY AND Mayor Stoddard: 8 EXECUTION THEREOF Vice Mayor Harris: 9 Commissioner Liebman: 10 Commissioner Welsh: 11 Commissioner Edmond: 12 CITY ATTORNEY 13 • o Bilzin Sumberg " ATTORN~YS ,n.T LAW EXHIBIT "1" Via Hand Delivery Mr. Joseph Corradino Planning Director City of South Miam i 6130 Sunset Drive South Miami, Florida 33143 May 8, 2015 Jerry B. Proctor, Esq. Tel 305.350.2361 Fax 305.351.2250 jproctor@bilzin.com Re: South Miami Corporation Dear Mr. Corradino: Property: 5750 Sunset Drive and 1-112 blocks to the south and southwest, City of South Miami Tax Folio Numbers: 09-4036-022-0060, 09-4036-022-0070, 09- 4036-022-0400, 09-4036-022-0410, 09-4036-022-0450, 09-4036- 022-0420, 09-4036-022-0430, 09-4036-022-0320, 09-4036-022- 0310, 09-4036-022-0300, 09-4036-022-0330, and 09-4036-022- 0290 Annual Report of Development Agreement This law firm represents the owner, South Miami Corporation ("Owner"), of the property located at 5750 Sunset Drive and the 1-1/2 blocks to the south and southwest, South Miami, Florida ("Property"). The Property includes the twelve (12) folio numbers referenced above, and includes the headquarters of the First National 8ank of South Miami. The Owner and the City of South Miami ("City") entered into a Development Agreement ("Agreement") related to the development of the Property. The Development Agreement, a copy of which is attached as Exhibit "A", was approved by the City Commission and was recorded in the Public Records on February 7,2008. On December 4,2012, by public hearing approval of the City Commission, an Amended Development Agreement (the "Updated Development Agreement") was approved. The revised Development Agreement was recorded on February 27, 2013 and is attached as Exhibit "8". In accordance with Section 27 of the Updated Development Agreement, the Owner is required to submit an Annual Report to the City. Please accept this correspondence as the Annual Report. 1. Use of Property. The Owner received approval by the City Commission in 2005 (the "2005 Application") for a mixed use development consisting of retail and office space and residential units at a maximum building height of 56 feet. The terms for approval are described in the Updated Development Agreement, and remain in full force and effect. Development of the Property under the approved plans has not commenced since the recordation of the Agreement, due to economic and market considerations. In the BIL21N SUMBERG BAENA PRICE & AXEL ROO LLP MIAMI 4569245.176813/29325 1450 Brickell Avenue, 23rd Floor, Miami, Fl 33131..3456 TeI30S.374.7S80 Fax 305.374.7593 Page 2 EXHIBIT "1" May 8,2015 interim, the Property is used as a Bank and for off-street parking, which provides a public benefit. 2. Commitments: The Owner intends to comply with all permitting and infrastructure requirements enumerated in the Updated Development Agreement. 3. Compliance: The 2005 Application meets all concurrency requirements, pursuant to Section 6 of the Updated Development Agreement, and is consistent with the City of South Miami Comprehensive Plan, pursuant to Section 9 of the Updated Development Agreement. The Owner continues to keep tax payments current; the cumulative 2014 tax payments to Miami-Dade County were $317,426.05. 4. Assignment: The Owner has not aSSigned the Development Agreement to another entity and is in compliance with Section 15 of the Updated Development Agreement. S. Owner's Representations. The Owner affirms the representations made to the City in Section 24 of the Updated Development Agreement. In summary and as documented above, the Owner has met or commits to satisfying all of the obligations set forth in the Updated Development Agreement. Thank you for your attention to this matter and please do not hesitate to contact me if you have any questions or require any additional information. Sincerely, ~~ JBP: id cc: Steven Alexander, City Manager Thomas Pepe, Esq., City Attorney Bruce MacArthur Veronica Flores Don Vitek Nadine Heidrich MIAMI 4569245.1 76813/29325 C~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP 2 . ,. " . .. . ,' i!'l!XS l>Bm.Ozmn ~ ("1>qusmB.t.") ~8 .... d. s. of II" ••• ~, ~~Qi ".",. l." 2095 l>~ end b~~woen ~ CITY Qll' Soo~n !HAMI, Ji'toRlDlI ~. munic1p.1 Qo<pout!Ol\ C·Cl.t~" I ond aOV1X MotAMl CORVOl\llrIO~ i"Comp.n~"1 .< ~~o a •• ign~~, 'l\&xwu.a ~. the F1cri~. ~oc.l GQVHnl1JenC O •. v.l"pIl\.n~ h~~ •• m.ne A~e, sat fort~ in 4 •• t~.". l'3,S~~Q -1~ •. a24~, l'~~I;n:,ida Statutes., Qat tOt'th in Exhibit 11..\'" (the \\'.r::-t") 'provides !et:r:: the exe~ljt1.!;In Qf developmsnt a.gre:e:me.nt(s ;for. ~ term 1\ot tOo ~xt!eed.· ten (20) >,~aJ::.S to ~nRut:ft t,h;t.t the law ~n .":$0< at t4e tl.lM .t tho er. •• utiQn ~! tho devuopment ",gteemont .hall 90".,rn the de"elo-pment of tbo 1.IU\d tor tho dUU.tiqO of tue aqrvementl and ~, tho ,,;t.:; """,,,iodon of tho Cit)' of sou to Mi.mi hos ~do .. ud Oxdi".no. No, c~"o~-i.e21 whicb ;"",l.)1\ont, t.he Mr~ a):'lQ permit!! th~ QOll,;tdenttun ~nQ 'the ado-ption 9f 1;~i~ ~goe.m •• tl ~n(1 ~~. tho Comp~~y ~WJl4 a~p •• ~i~\~~.l~ 4.51'/-M< .. , ·~on.d lI'P-OV, ~ ... :lb·.<l 1n ~'xnlth "11,· (the< 'Pr_rt~{/ll an. ~t tM CQrrltJa:r.y dtl!&j..t'u tC1 COf\.t;ttuCt. rt mixc.d 'il"~ dQv~lppmen~ qnQQ~paBs1r.~ ~etn111 OffLQ~ &06 ~~aidenti~l oamponente. IisQc.ihed in l1xhib~t lIe," (the. 1\;p-.toject.") in the H.orr.rtto"m t>iJJt.r1ct. Overlay ~one within the City of sO'IJt:h l:4ie:mi, EXH!BIT"A" EXHIBIT "I t, i Sook2620S/Pe.g$1380 CFN#200S0104490 Pags 1 ofZ2 • __ ._ ...... , .. "". of ., .. ,,, _,~ .. ~,,_, ...... _ ......... _____ .. _~._ .... _ ..... ", •• ~ .... ,", ~, __ ~ •••• ".".,. __ .~ •• ____ ..... "''''~''~'''''''. __ ," ... _,"'_'"~" ,~" .. ,'_ ..... __ _ " " EXHIBIT ~Oit, !r~.E, in cQ1"Iside::=!.tion ~f toha above. recita.1B ~nd tbe. fo1.101ling covenanter te.;cms end COfuiiti~ the ;!:,~Qe.ipt and s.\lfficiency of wh~oh. £):'9 ElKprc&l!Ily b~k~owl~dq~d, tb$ city an~ co~any o~~e~ant and agree as followe t 1. ln~o~-atton of P~o1t&1" 1h. < •• ttals set forth t'lbove a~e tl:\l.$ snd ODrr&.ot. and a):'e ~noQ;rpora.ted here.:!.·n by t11i ••• ht.Me. 2. hop.r\:lr. 'l'IIo com\>onv ,,'Il. ~h. p/.'""e~ty a. dQ,c:!.b&d-Ln. &>:~b1t "II". ·n-.h P~OP~"W h <Ia.~d to l>, oM ~nltleo p~.o.l and ~w ~~~jea~ ~Q the unLty ~~ t~tl. p"r'~4nt; to tho ro~ ••• m."t& ot eeo~i."" ~O. 7 .~O .,,:1 ~O· 5. H of the City Land Dovelop", •• t coo. (the ~t.DC"f .. "t.cr.~d h~~etr,. boD ZXhib1t ~'Ou. ;. ~e£'(It~ .... I»~.I D'.!.l:';u:~.n.f o\9 •• _t, ~his aq:Cllernent: shall become ~ffective dter it bas ·oo9r.t rettt}l:d~d. b t"o 4'ubl10 records oj; l11am~-D.o. coultt? and tj,irtl' ISO) "ay. ~f.t~~ U 1. u",,;voct ~y \:he norida OOI'Ol:trnent of Comm'Un;lt1 J:l.tfa1re (the \\~ffecti'V$ Pa;:a" J .. -rll1!!i1 a.g:J;~f;.;!l1l!J.i'lt Shi!ll taj:rflia.a:te ten ycn;tT..a fX0111 uh.e "";t'.f~t:tLV'e r;Wtllf. of thiEf ~qr~~mentt un~e$$ o~her~~$e ext~~ded Qr t~inated 55 li,"ov1d,ed fQ~ herein 0: ~n ~~o' IO~. ~he 1lIa>:1 .. um pet~od o~ tM. 1lIi'",em~nu .haH Po til." (10) YE~~$ !<nlO the "H.~;lve GI •• e ~~l.o" ",,~ohd .. <l by m~tnl Qor,nnt .t ~U legal .no .q·,Ho);>!." owne<$ of tho P<of'H~Y &,,4 ~h. c1ty up~n ,pP~O~ll at 0. P\l):>U,C bea.~in9, ~.a prO\l'ide.c1 in the ~t.. 4 t 'O'~ !;If P-~a:[tby, ~ho prope.tt~' Cletluibed iTl 1!il;b~bit 'lAI! is '1'.:) be Ut11,1.t!;~d. .tor the pl:::b;eot de-scribed in ~y.hibit \'C rf : a. rrJ.,y..ed usa. ntd.del'ltial( Dffi·:JEl and retail l;':t'o:,1eot: \,>11th a rellid.e.ntial. Ufl'5 not to e~eeed iDe r.twellinq un.its t?n 8ook2620S/Page1381 CFN#2D080104490 Page:2 of 22 " ,., .. ,,,.,., ., .. , ," ···_··,····~·· .. ··,·¥"·'''--I .... '·'"·,'-.•.• ,,,·, ... ,'', .... , ...... II I ....... '. "1" ~ I I . " EXHIBIT , .. , .. _.-...... , ....... appro,im.tely to a +/-Bot.', ~h. P"oj .. c~ w~ll anol,,,dtl \\c.hamtetld" oornQra whG~$ ~,t ab\ltfO tca.d.way 1nt"~otlon$ ?\.Iuuant \'.Q Exhibit \10 11 , ~he Q¢OUp~~d. space of the ~:t:'l;)jeQt will not .x_d fOl<t oto,h. 0): "Ht~ .1_ (56) feet iJ1 lIaight unleeB otb"".'" per.itt,ad by tn. SQUt.l> 111"1111 oomp.onenoive plan or it, lana dovelop.wnt "8\IIIl.Iit:(on$. ~h. total of ~"""I'~1!d. .».oe of .~. p:ojeot .hen not exceed f~"'l:r. ato-lies. 'Nan-pcaup1ed :J~$CI\\ t).hll~l not uQee4 8 m!/~!.r;tJm hc(qh~ .~ ~~tty .1$ fo.t, ~h. P<tIj.ot .h.ll be l"'U~ in two l'llosu U ~ol1ow. t Pb ••• [ $h&t~ .QP.i.t Q~ a.oak. "AN an4 ~~ a.ae~iI>.d in ~J<hU.1t '0'. PIl~.~ II ehaH eonaht o~ Bloell _ "C" d$ae~i~ad J.n i!x.h1bit \\e ft • • l:h;o Cl<>t!I>My .,.y' "lAoa;: to =\5>l""'""t tho tlotwl""","nt 21"" in <In_ :11111610, ~h. oV$rall .•• voloj>lllen. of tM p~op.~t.l' .hon p. ¢¢I~d~R~.~ in ••• o%danc •• ~th tll~ ~pp~o~~.:1 !itO I'l$~ en f~h ~t ~~~ C~tYI (.ttaQh~(\ .n~ \,noc"'Qt~hd u Exhibit I'll") L~Q~U~i"O elQ'I'oUonl, "QhH~~~llnl hll.~~~~' and u\:1l'1\=t.~ el5ni"l1sroilll sqo.a.xt fOOt/s.g6 'PU~liu&.nt to SectLon ZO .3" '7, 0: ;;he 7,.00, S. l.'ubUa :r .. oii~u .. hrr;'1>\r Wo r •• j«ri:. ~n aXd •• to "I'lll&nc~ yubHc taolUti •• in tbe Cit'y 0>: SOUth ltl. •• ,\, tho . 8ook26203/Page1382 CFN#20080·i 04490 Page ~ of 22 , . -..... -....... " .......... ~, .. , .. ". ~ "'" ,. "1" I l [' i " ,; ',' Comp&I1Y Aqt:'BBS t.O ~XQv,ide. the 5e.l!'vica15 1 Uted be.lo\.i i~ compli."oo wi.t~ SecUen ~a·Ll of bh~ LM, ~noL"din~t (ol l\Oadlnly. EXHIBIT "1" An operl>t~onal tutUc study w. CQDQuotod. by the city ahd the COl\'lp1,l.ny ~g:~e..e to the .~~nQ.t~on. of o1~y '~~{f •••• t ~otth .1'1 ~b.U: .taff r6po<t ".).oll """""",",n~.tjon •• ~. iOQQtpOx.t.d hexein by reference. fb) l?~rks lU'~ Re_t:~~u_~ B ••• d on ~he ~ro~eOtad :.~id.nti~4 pOp~lat~oh on t~. ?~oj)trtYI C\lttlj)ahY ~q .... \0 ,e.j' hw If f~e .. r"t~ ,9 lellifJ lIf! 18c,",~ e.eeep\Htle 'U 'ehes £:;'1 $ fl1Jl rt ~'d:~)'''$ ,In", IF!: ,..q;l\&. tH,e..,,,a'd.-,v&, \\Lt.! iU;f'l"I~"ffi":t FUIL'i'l & ¥"'t~""'~"''''~ p'!'ftteW'!(:Y btl~e" efJ litH!' !)IIU.Q'~ eolee ,d 5'0 t! 1'e;e(tiea.,-:'bl :prcp'Si'I:y (n alte "t.~Cf r..,'a.1I i~l!i h~\O ¥4&t i !lit:: Q'SII.p ~1t'!1 c s lH!oy.;.et.~" SAeoll :'1) ,.a.~e!I::~ 4", .. "1' •• (01 .,,',.; ~.. .p •• «'ft, or, •• ~H.' ..,)ffl'9:et'Kente ~5 JiUli ~na eeel ~"'b!tt:t'. {fce~U".!-;te~ Hi I!!Ie G'~l" iOh. P~!fi\I~'" 01 •• 11 1>. 1ft ••• &h ~ri~ (0) Saolto." a~l'!" !liter ltd s.w'.~ eetvL,es th.~ Qorox>ly wHh ~U r.qv!teTller.t. .t l\h~i"pa~a C."nty to.. .n~ pu:lJ,,,I,n'l' P.~O" to i ••• """. of • Hnal ce~tUio.ta .t Va. "n" oocupanoy, Book26203(Page1383 Cf"N#200e01044eO .Page 4 of 22 , ""JJ" • .,. ....... , ........ , .. l I ,. EXHIBIT "1" let) solid w .. to sol;~ W •• t. ..rvi.,. th~t comply with all .t'eqo:lrBlTIBnt6 of j>~1.;rliii .. OatiQ-coUQty ll~il.tlinq l>do~ to ~ •• ·",no. of certificate of UU •• ~d oocupanoy. Ie) Sch"" Ls , 'l'h~ Comp.ny 00"",1\$ to par ~O!\ the ... ~~"o. of j;ha ln~t~al .ettiHoat. of """"panoy any rcq.i.ad ",.",i-vaCl. O~unty School lloud DeMo, illl1"~ t ... , ~, ~~CU:~04Qy. Tho Oity of S~uth U!aml has det.rmt~.~ t.h.t tho Company' 9 p.:tQm'n~G under the Devolopmont Agrsament satis'fie.s ~he c~nclJ..rr$ncy rnq:uir'Elttltit'lts, 18 <Le1J.n •• t'd in Section 20-4.1, cay Code. 2y BlIecution of th.l. Agreemant, the City noktlol<l.clg •• that tlta 'Pl'liC'ltion fer: a1 to pl.an apprQval. meeh a.ll cor,.ourf::enCr t"~9Q.l a cM>n& ",,"m.~.t.4. ~ll soetiQn 20-4.1 or tho C~I<Y Code, aod that tne site " 'Pla.71 appl:Lo~tion emd thia hq~ee:~nt. atf#> oeM I.atent with tho City C<'lll\j>rehen.;ve Pl~n .n~ ~.n" ~.v.1QP,".n\: ReglllAI.:. tq.n{f ~ 7, P.mit., 'l'tl. ""tm'U l'.oUon'oArily idenHU.d 6' ".oeo.orr for development o~ the "roj .. ,," .~ d •• a:~l>.d •• "oH.". , (sl ~eh. ~~~.ptLon t. p.r~,i~ to~>: <:Idv.· through ten .. Ian" w~\'hLn the 41~., (b) Speei.l Ey.eo?tl,on to p~ov.l.do n .• ~ +1· tot coV"Cre:.ge. (al Sjl~o,,) t]~. potmit to P"J:l\dt uJ> to fou, :roestanrtmts with a ma~~imum t~~al Qf :ttl,8"O>l-/ ... .. quo"" re.t w;tb p .. ~1n9 to b. 'lIWli.~ tr.om '.Y 8ock2620S/Page1384 CFN#200e0101490 Page 6 of 22 •.•. --... ----------•• -~---,._ ..... _...!_.,.....__ _________ "___, ..... _ _2..._ ••• ____ _ [ i " " EXHIBIT "1," I, exo~.s j>.rkiny w;th," the aLt.. Ratail. 'cd re't8Drant pe:kinq eball be marke4 _nd $i~ned. S, 1l ..... ~ ........ t e¢"'<iit~on •• 'I'~. ~,J.lo.1n9 .""d~tio"" shaU oWly tQ tho development' of tt> .. 'P"Q~(')ctl 10.) t'ba a<>"Wany .11.11 ilIo.t all 'pj)lio.bl. ll~Lldin9' ood •• , land d.".lopmant re~\ll.tions I Q~dinanese and other la~B~ (hI Th& Company 'hall alih.r. to tha •• quiram.ntG ot 011 pUI1\~tI :Q~ tho P'~~.Qt. 10) ~Il. CQrnPAr.y she.1l <It?alop tbe ~~.~~ct An oonfo"", ••• ' with ~I;. p.r~l!Itt.n set f.tth 1n ,th!~ 15.g'reem&nt, 1(1) AU dev.lo~.,.nt .hall b. in .eO<l~~ Wi~h tha nit<> 1'1M .ol>l1\!tte~ wit), th.· 0;>001;;1 e"caption ~nd sptl-oh.l. \~I:le ~ppl~,oat1onSt said site pl..an 1m:;otPO~6tQQ ttl !~bLpit lIe" r Ie) 'I'Ile co,.q,.ny sh.U p.cv~d. tM nopatt.ment. of L'h.nnt'QlJ kith a tempora)lY paz;k1n9 pLan, including an opeR-t!o11al, plaf'll vThich aadressea conat:rootion _loy •• patk.r.~ du.ing to\t o.n$t>'ll .. dcn 'p<Hod, sa1d plan shBll inolude an entg:t;¢eroent. plan and. ~h.ll "" .ul>:l.o~ t~ ~llo •• v."" and .ppro."l l>y the 'plannlng ~~uot¢~ pd~l:' to the ,~og\t~no. ot any ~"lld'nq ,,_rIll1ta inc! ,tall be el1fo.oeQ d~rlnq oonsttuothn ,c~iv~WI ' f} "'l~ o"n<l~t1on. ~l1Il'ott.G ~y ~h .. CHy Cot""l~ .. !,on sb.ll h. incorpot.tod in this Develop~ent -A9t'e-e.'1I.etlt L q) COlli'''")' oh • .11 te;i.""',,'" ~h. City iI" loat pa:J:);ing reV'eonl,.le tl:om any metered parki.nq "Pi:>OI?S BOok26203fPage13S5 CFN#aOOS01044s0 Pags ~ of 22 -_._-... " .. _-_._---_ ......... _" .... ~.. . .. -. , " EXHIBIT "1" adjacent t.o the ?~opart;y .h~t.h It 00 ,,"pi'" 0; u.es during tho .on.t.~oeAon pe.~od. hI fba Company shon d,,~.t. to·. e.ty troet tU"" HD,ODO.OD to be u.ed by the city for trotHo oa.JJd...ng or oth,e.t' tl;~tfio m1tJ.qaUon 'Pl:"OCJ~e;mfl wttlUn tile City of $o.th Mi.m1. rn. .. money .h.all 1>. dolIated to' en. Cl1:y r ptiolO to th9 ~"uanc. e! lta f1r~t ~"i.d'n~ ~"mit, ~. o.n&l,.~ 1(~i:ll cu.:; ~f !io\ltll 1IItUJl. CQIIi>Uh01l.I"" lIlt.l\ t.)1<\ ~ l)joY .. lo1/lfr<l~t !ltt,J!l1Ktl<>U. 'I:'''. ottv hu ~doPt,d ~ COIfl)lunandve Plan and tancl, P.~4).oP\llent ~''l'~H.tl.ona ~n ~"oord.n ••• lth ct>..pter 16~1 hrt XX I I'.orido. st. toteo. Th. G;1.ty ;findsr tha.t tha P'l;Oje.ct is, consistent 1I'ith the. eif:.y1a oc:;tmprehensiv~ pl.al'l and the C!~t:.)" /1. land d..e'l~lopmsnt ,,"gulations. 'rile Ptoj.o~, .• m~.e~ " •• ro$1ilential, .~tic • .. "d •• tan dovel"""""nt, a. ,st ~O~t~ he~e1n. :t. e~",.~~unt wIth the 'l!1xed,-Il'. OO"Ol\.~.ial!M.i~.l1t~.l (F~u. ~tory)" design.tion on 1:be {~tur. l.;>nri .e. map, and the Ht-OV ~oAing ohtdct QI> tbe Off.icial Bon~n9 11th. of lop. Oity of Bout. MllU1\i. Goa). 2 of thE> FutUl:. ~.od 11.. ne .. o,,\; :l<ientifl... t1>" oieUnu 1:11. ooma to'." dirtdct .hioh Q'on:S!s.tS: or th$ \'HIim~'\:.O\9'.n P~~t.r1.tlt Ov-er:hy ~one, N u <I.t~n~(j 11\ ~r;ticl" vu, .~oHoHQ ~Q"7.1 thtough ~O·7.sa ot 'tho .Lt~'. lOAd Q.vtlQ~m"Ht ~.gll.atL"n •• 10, V.,t.i:n.\J I . ~$ lonq' Ai'J I;h" dQvel~~ml$.nt .on t.h.a l?tt}p~rty h itt (1olJT;Pliaf'.ictt ""ith this Development lIq;t'~e.:mr.mtt .t1nd all al'PUCl:abl& h'fla, Q:cd1nanQe.s, codes ~'fid 'P~l:lc$.~1l in existef\cs at th€t: til'lHi of the eXQou'Uon o-f the: DevelQpment A9xQement ~G .. ell f.le Cth6~ 't$q'I.l1tement~ :f:mpo~ by tnli'l Ci'\:.~ OQtIUl11ssion llP-on the :':,!.tif~06ti_on of tne s£.t.e pJ.ttn l'i-ppr;ovell Par;B ~, of 1 '1 6ook26203/PE'lge138e CFN#200e0104490 Page 7 oj 22 ----...... ~". -, .. " , .... ".-..,._. _ ......... _ ... -.... -,.-.~,.--. -,,_.-._-, ,._. ... .... . ... , .. , ...... _ ..... ,.-""" .' ...... , ,.-... ~".--,~--.... ~.'" .----..... .,. " EXHIBIT 01'> the P'''l'''tty, the frop .. ty shall not be tha ... b$ooo of • down zonioll", appllcation by the CHy ""d .hall not bo subjcat ttl MY Cevelopment mOl.'fl.to:ct'l.lm, refoJ:'enda act4on, ord1nonooo, poUqie., or p~oo.du •••• nBated by tho C.ty !;hat l!.mit. tba davelopm •• t c"nt.m~l~te~ by this h9"oOjl\ept Md depl.oteo til t~. ,l,to ~lan, 'IIny t~U.\t... by tl1i~ JU;1:r;el;!.n\ent 1;:.0 add.re8G a part1.o\l.lar Farn1it,. condi tion r term o~ ""O"~ction .ball 'not r.l~.v. th~ ~any of tn. nr. •••• Hy of cOl!&llyin~ w~tl1 ~h. 1.~ 90"e~n.ng •• 1d ?".miUin9 roq"ite".nU, QOM~tt~MI tum ••• r".hioHoM, n, 1'6_'" Ooodj.U.CI, hOlOO .11<1 ~.t"Lcti~r •• not ~ ••• ~. ~a f&ll~tG of tbi. 'Qt.,mont to .Q'~... ~ pa~~1cula~ p~~ttitr cond1tion, te~m Or r~s~rtotLon 5h~11 ~ob ",eliov. ~h. col1lpaoy ex tho cHy of the ne", ... !.ty ot t>oll1Plytnq wltb the law ~ov •• n!ng • .u.d p.r",itUn'g "I."oquS,:rements, oont;i!U¢nsl t.Q1;ID$1 t}:: rOBt,:L;t:{.OPEJ. 1.2 I ~lf.UQtl. ctf Pc:tmJ;t;rr, Tti@ Company aQ.k.nO'tlloedq~.s that t.h~~ a'~n:'(ltVnf)Ilt. d~,-e"5 not. e:o:.tend the duration 1)1 e.ny p-errnitl.!: Oil: appn~valtl. 13, I.O\( Gove"",i."II O~vd"l' ... n1; Qf 1;h" :l':rQJ;ljIoty, Tho Q"dl.olno~S, 1'0110." o.nd l'~Q~\l~"~. ~t the clty o~ South l{.hllo! .QM~to .og deve~oPm~n~ ot I:h~ Hoper" y ~b.',.:' ." $~1.t$.,a •• ot the U~&Qvt~.n o~ thi. ag~e .... nt .hl~. <;1~vB'<n ~h .. oevelopm.nt. o~ th~ pro~Hty 'or the d"rat~o~ of th~ tat:m of th~S alJr.eemeflt No I5Uh~equeJltJ.1 e.dtjptr;j~ Q'l:dinances r policies, or t'l'o<:!ildu,rel) tball apply t.o tn'& propel.'l:.y e.n~ept:. in .aoc~ro.anoe· wSth the provisiooll of seCl;1t:ltl 1G3,3:a.!tJ (21, Flo1="id« Statut~BI tmd Ordinance No. OS.05-1~, ...,. attach.d. Book26203/Page1387 CFN#200e010449D Psge 6 of 22 -~, " .... --.-~, .• , ...... -.~ ....... , ., .. , ". .~-,. "1" j i ) I .,. to' EXHIBIT U, iJlamfdt.tiotl. IJ'hh a9'tetamQnt may. be. te:rmifitlt&d by l1'~utual Ift'~tten oon&:ent Q"I! t.he oity At'ld co~ny, sUbject to;> ~h. <a<ma .nd condltio~s hat.in. tit~et p~xty.may terminato this hQ't'(;}Brnenl! if the Qth!il~ pa·rty oommiLtll O~ e.lMlw$ t.o be oQ:'I'Ill\i~hd Iln,Y mated.al b);(:!aoh of thie Development;. j\~.t'aemen\; t J\ ~&ted41 l::I.r-e:aQn J' q:f this 1.g~eema~'t l=ihall >'l'leludo, Dut not be l.I.r.lH.d to, • f.n~"" of .:l.t~ •• l'0.cy to p,«otm ... :r ""'t.r;a~ ~uty or cbH9at~on on H. p.d for an~ thizty (SOl conee01ltl.ve d.r p~rj,o<l. Neitbu P •• ty m.y hm'Hte ~bi" ~t"l!l£I"t on ~~O\ln~a o~ ", .. \;or~A~ b<HOh ot ~h1e A~~Ul>ant onhu H hu pr .... !d.d wrHtf<l'\ ooHea to tll4 otll.t ~ty ot Its intention to' !laola ..... b ... oh and to ctmA,~~t.rt tbis' hg':ttltlsnt (t:he "N~t.ioe to 'l'1lrn\.in.stl!llr') e.ncS. the. b~eaohtJl~ ptU:"ty tht::I:'eai'tel: faUIf to' aura QX:: ta}:~ .!'Iceps: to .u~aeantidly cu.e thO ~re;;ch within 51,,"y (60) d'~. t)oUo.!.n~ the' recoipt of .~oh Wotlo~ to 're~.t~, with tho S'Ko.e.pHon of ItlOne:tuy pl::'ee.obes whioh ahllll be. oCU.T.e.d within t.hL.ty (30.1 aft". ",c.~pt of notioe .. U~, A"~i.9UtnfJl.t, ~hia Cevt;llopmant h1.r;eQl'W')t ~~y not be " .. i~".od 1>1 the C,mp.n~ or.capt to ." affilhted ontity, without t4e pdQ •• ,,(tt4n oon.ent at the cnr. Subjeot to tr,~ pr~o"~ln<;! •• ntonoe th~. P" ... l ..... nt ~ ...... nt 'lieU ". b~nd~n~ \:pon the s~O¢~$etlt5, UH9"flBt .and rc.p;ctu·rrtat!vc:s of th. ~.tt'.a h.~.'o, ~~ af'~~1.tJ~ entity it an .nt~ty ot w~ioh 5"~th ~hm;l. OO'1'QnUon •• " ma~¢r1t¥ of ttl shateholdero, direotly or indireotly OWO$ at ~.o.t !iH of the. be.neficial.. intete:st. !L6. W'oclt I'~.. 'I'pe Oompany a:g::e.~G to u~e ita best o{3~.fQ);"tB to enbance joh opport:lll\itie~ fQr local cit.iL'.ens in connection with the proj$.~~, P.~. ~ o~ 17 SOOk28;:OS/Page13Se CFN#20D80104490 Page 9 of 22 ". • -.• -_._." ...... ~~ __ ,.~ ,~., "~ , .• , .• _ .... _'.M ... "~." •• _".,, •• ,." .. "_ .••.•• ~ .• , •.• ,~ • '" EXHIBIT 1I1ax,i1\".izc ,ob oPP:~1:tUl'l.rt.iQ.B foX" a~plio!!..I"Ite f,,::OlJ,. South 1-!iamS./ the O~mp~y .holl' send ;'ot"~. to tbe COrnMU"1t~ Redevdopment: Aqeto:oy ~irector of the Cit)" of BQiltn Mi~m11 or "-.ub't~tllu <10"9"". ~¥ the Ci.ty Mal>oger, 'egard';>g "mploJ'1l1&Ot ol'll~tt\\ll!t~e, .el.te<t to eny, (~) eon.ttuotion wo~" on t'he J'lOp($rt~r; (2) 'C.ell\',po.z:ary o~ pe:r.'l'lan~nt maintanano~ work on the Pl'opert}!, oX' (3J propO~iSJS fQr l.a •• t~g' ot ."tsil 81'00. ot omploY"",,\: o;>j»>ort\lniti •• el,aloc~~tl)(i 'W~l;b :retaU epEOQIiI ~"aji,t(:d; O'n t.he-?;Cope.:tt}ll ~7. ,7oil>.t P~at>&nt."n, ~h; •• ~r ... m.nt has be,n d:.r<ed with the )'utioip.~Lon ~~ tro. g.~~ .n~ Co~p.ny .no th.~. Qooo •• l, .n<l .MIl not b ••• n,hued _gain.t OllY l'Ht,Y en O-ooount of draft'l1IIl.ship, IS. :a1!I~ IItre.t. "he llUrdens I>f this aq<oetllent "hall b~ bind:l.ng-upon, .nd tho J:>enatlt. ot thi. '9r •• I1\~"t ~hall ;Lnul.""e .to, 8.).1. R\l-CCesso:re in ;i.nte.r~t tQ, the patt,1.es Of this ~g;reaot.eUt. 19. C..,uon •. an<! H •• din;., Para9rapl\ M~dJ.nq. a~. fO' eonvan.:i,enr.'1J Quly ~Jld ~tHl11 not ).)e Dsed tQ o~n$t.xu$: c:r: illtel:p:r;:e-~ thteJ: ae;reement I 20, Applicd;>1. "I~', oJu;h_~aUo.t:.l rsnc! Vtt:).U4jI; I Thh "i~~0ti1<1"~ »h"U be qovem-..d l:~ lfiel ~r,:'Hpr.t"d, QOnet;;ll,\l, MC onto"c.d i. <OOQ.~tn~. with ~h. internal l~w. of ~'lo~~d •• !-thoot roq •• d to "d~Q~plu of oonfliot. of law. ~b~. ag,e"'lent lI\a~ bO •• to.oed •• pxovid.1,\ in SO-otion 19), l~43, rlm;;;'di\ St.tut~., Venue tOl: .... Y lJ.tigat~on pertaj,niXl9' to-the sClbje-at matteX' he;reo.f shell. be e~c-l.\Hdvu.ly in ¥..i!hl.1. ... 0!!<le County l'~ol)id~. Sook262o.3/Page1S$9 C~N#200B01044S0 Pe;ge 10 of 22 "1" EXHIBIT 21, ~.eo~~. In <ny "iti9.t'on "",.ing out of th •• aGnement., the ... ".oiling ;p.rty Ghall be. ~~i tled to recover i.t.s oc>sta ~lid. ~ttorneYi hlilo. .M~.torneJ' ( ~ :fee.s P'll.~l. "nder thi. parA9"apn sh .. ll. not '''"""a 25~ of t.hO .mount of d .... " .• 4...... to tho, pr.v.il~ll9 I'uty .nd no p •. ~ty ,h.).l be entiUe<\ to pro-jud"",ent utere.t. Zn any Ln;Junot~"" ."" othe,. <oUm Mt aeekinQ _gee under thh l' .. r.~a!?h, l.~al te •• lI\ay l>. award.<j. in the cu.,oreticn !>f t.h.Q. '~O"\l::t., but: tlhal.l PEl t"Buonablo. e.~d ehail nQt e.xQ;e~d an DC>llrly uu of $300. 00 ~'f ho~~. U, :n"l'ootion. ~Q<W.il'lg 1~ t~~. h~r ... m.m' .hAl~ )), ocn.t.~<>d t. wAt... ¢~ lI~.h the City'_ 9o'1Hn ... nh~ al,lthority M " munioipal oOi'por.ttoo and poll tical Clubdivi.sion of the state ot ll"l,~:r.ido! I ~n.e. cruupany the.t'ef¢),€1 uMetsu.noB an<l '9'''''68 ~\l.t ~ny QUic~a.l tnep.otor of. t,". C$.ty of Sooth t6ia1l1, OJ:' its ag-ante duly e,'Uthe.rizad , n.av/ll tne ri9'ht to .. ntor, inspeot and inveo,iga,e all ",ct~v'\t.\O' on the; ,?retl\1tJes t.tJ d.Qt~tm~ne "\'fh~t'heJ; th~ 'P:Pope);ty Q~mpHea wi th 'Pl'licoble lUS inoluding but not H ... i.t." to bu.llctlns and \!:oning ~li1t~onfl P.o~ the oonditiotul hereUt. 2-3, 1t'olt;holo".tzltt;tm t~ W.J.th.!lQ.'\'d, Pn~tl ar,.d .;tlu:plttction~> :" tho event tho Qomp,ny h ObUI1,t.d t .... k. pa~mer,t. o~ imp~Qv'lIl.nt. under tho ,erma at th1. D.vel0l'mont p.9r •• mor,t "'nel ~uoh p.YMent. a.e nob .... /1<;1 " :"qo1rocl, or 'uon &:rnprDVt!:ll'1\~l'It6 8.r!l not. made AS reqll'i:a.d, in addition. to any ot;.\Jer rem.dLes av.ilo~).e, the City of South Miami i. "er .. b~ au'thor,i;ed to wittJhbld any :eu~t;.hel' pe~mit8 on t'h& pD:ct:!.pn 0:1': thG V"op.~ty f.~l~1l9 to oomply vitI'. t.hh o.velom.nt l1.q~eemel'lt, apploV'ali3'l and nt\lso any inspeotions Or grant any with ragf1rd to thae ~o~tj,pp Qt the V!,bpe~t~ Pe.g'e 11. o~ "7 Sook26203/Page1390 CFN#200S0104490 Pllge 11 of 22 , "' ...... -~~.~-~--.--~-.-... ~~~-.... -.......... ".-~ .... -.. "1" 'f' ., EXHIBIT unt~l such tiroe thii tevelopment ~~reemen~ 10 complied w.i th, 24 •. ~_tr.~ionp o~ t~~ C""Pooy. ~e CQI1Ijl""Y . ~ep~e~ent~. to the City ae fol~oWSl (o) ~he $,:eo\,t:.on, d"liv.~y an<! pe.>:f(>rm""te of tnt, A9:<eernent and oll otM~ hoe""""_,,t. and ~S"teelllerrt3 Bxecuted in QQTmectio.n w~t'l1 thh. hoqr~t hitya been pt'cpa:~l.)' autho:ci7;eQ by the OO1t1!'ony and do n~t ~."".u fl!rthot tppr.vn. ~y C'lIiP,-ny. (h) "ola MrM/I\ant n~s bun p~op.dy ... ~ut4d, ond oo":$tl.tut.. C'l1\l>~~Y'~ legal, valld 1I\~ bi.n<Ull~ obllgaU';M, o.fo.o •• l>le .galnot Company in a~~6tdance ~i~h its te~~s. (QJ 'l"hera a.:t:a no 4of;.~On$1 Auits pending or th:t'etibmelj !'j1ainat 'Or p:r:oe~edirl'Ss 0.: .ff.aptin~ Company b'ElfQ.'re any COUtt or 9'OV;~rmaental ag~ncy that yould. :In any matCl~ia.l 1141:41 af.fect Compa.ny, a abtlity to p€~fQ~m this Agx~em~nt~ (d) Co~.ny ~h.ll not act in ".Y t1ay .hat.d.ve~, <:li<uatly 0", ~nd~teatly, to o.u •• th~s ~sr.e"'.nt tQ ba au!)oeQI ,tnoMHeci , 'CanceJ.~d.t or I;i.:;m~!l.:i.tect, ex.ept p!.!<suono 'D 1·'8 ~xP"~U U:rlll., Md .!leU' take on ~oHon. MQQ •• UY to ensu". that thL~ Ag:ceement ,s)~Al.i. ~et\'\ld,n ~n. flIU. fO.l:Ob all(l -el,feCit at all 1;i.fi1.eJ:. Cal Co~.ny ~ •• t~. tin",,"i.l eapaaity to pay o. advi'\nQ& t~ the C.f.ty al.l {Ges and payme-nts ~s required under t.:bis Agr.eerr,ent. BookZ6203/POlge1391 CFN#200e0104490 Page 12 of 22 "1" _.~ __ .. _ ••• _ ..... ~ •. , '" '.R" .. " .... '. ,.. "'_"'" ..... _ ..... , .. ", , .... '''' ..... , .• ' •• ""'" .'0 ... _~ ...... _ ..... "., .......... __ ........ ".~._. ______ •• I. ., EXHIBIT ~., S~&DAbil~t¥. In the ov •• t that .ny of the cDvenants, 8Ij{re.ern&ntI!l4 terrna:, 0;': pt":;)vie1onl contlel.inecl. in ., thi" '.\t ... :M.fit .!\all ba ~m'aUd, Hloqal, or tlne:nforo •• »le in o:.y r •• pect, tbe ~.U<;!'ty of the .~nin'l' """enant" t.g,ree.'1IentEJI te.~~r or p:):;r;JVhs:$..Qn~ oont.f.I.~Md het'ctn l;lll'aU l;>e ;.,.,. no ".y Ufoatad, pt.judao • .:l: o~ d16tU.be<l tne •• l>~. 26, Wal.~, )10 f,ulure O~ delay by ComPany or tll. 01 ty to l.nsi~t ppon the IItdct. p~7:foX""TM.n~ Qf !mY covenant, .q~.*n~, ,-,,~ .. 0"' oond1\IQn 0: ~hh lI'l'''M'''''n~, or to ~)\.=~~U .ny t1gnt O~ um~dy o.n .. '!",.t upQn tho btoaoh thonei, 'ltall .onotHut~ ~ waIver ot any ".on l>.uoh 0< ~,rIY Buose.quent b:tH~oh Of sl;Q.h oQvar"s·rlt, a9Tge~on1;J te;:m ot oonditJ.cm, N~ ac)venantl ag:l':'eetnG'Ill;, tarm, or condition Df this Agreement and 1\Q ))l"~ao~ thereof fOhaU be lI.ail!£ld r .~t ••• d •• modifie<l ~y'o<@~ hy .~'tt.n instrUment. ~o w.;y~. o:f o,ny bl:'oo.Ql1 shall a.ffect o~ $oltar thu Ag.l;a~mantf but eaoh and ever:y c(W'enant", d9"~eemeflt( term. atld condit.ion of til .. hgt~Ilt'nt slo!lll oonuril;e in f.l~ force .nil ~ft.<;t w;th t'~~pact tD any ether then Eold .. s\;i:n9" or subset;{OeTlt b~~ach t:.he:;re;Q;f, 27, AI1ml.o.l ~l'0r~ .nll !\<>vh><, It .h.~l !)~ to." reeponsi))~Hty Of tho C0llll'lny ~o .~l>IlI.t ~n .. nnu~l r.~o~t ,0 t\)$ c~ty •• tUci.nt \;0 1.1Ull \;~,. n'l'l!r~rnonta as, H~tl:\ 1n th~ Pto.~.~on. 01 i'Ot~O» ~G3, 3ZS5, Florida 6t.tutu, .. nd OrciioanGl! No. OS·O!-~005 , 'rnl.s ag"'R\.nt nlHll O~ , , ravi~~ed nOtlUdl.ly on tho anniVet'$8Zy of the ef£el;\;1.'tl1il date of this tq~eoment. ~hq Company, C~ its a$5i~n, ahall ~ub~t an arm\tal .repo-r-t ~t ~eaat ..so (ia·~e prior to the BTll"lUtil +"9v.taH (,1'a,ttl. 'l.'t1~tt ~PCht zhall QOl)tain EI sebt:J.on-by ... ~a(!.tioo li.tinIJ ot .!let obligation. ha'l. i>o.n .. et and t;he d.t. Book2620SIPa\1e13S2 CFN#200eOi04490 Page 13 of 22 ~--'~ -... " .. -...... .., ... ~, .-.,.--~ ... ~,~"'" I "1" I f I' 1 I : I, EXHIBIT "1" i I " f:ln,Huct, a. 900<:1 fa.~ll, QomptioncG with til. t .. m. of'the a9t'eement I The city cQfM\.i~eion :!shall rwiew thG annual ,*port at • pnbl~¢ llI60tioQ. l-f tho CHy COIImledon HM., on. the. .bt-sis of su'batantie..l cornpat.Ql'lt ~v!den013r ehat that'. has ba~n Q :fallu:re to ~O'mpl.y ..... ith the tetm~ of tht; OQv~lopmant h~r~eroent, the ~g~eemQnt roay ~ ~ev~~ed O~ m"dHi~ct by the City. ~e obllv.tion to ."llt..\.t on' annuaJ. :ceport sb~ll cQol;lude uppn the date on whioh the ;ogreemery.'t:. 11;1; t;e:::mine.tilci. 28. ~~t!Q.~. ~nv nQU~~'. Q~ .oFOtt •• eqo~r.ct b~ thi~ 'II't •• rn.~~ shall be sent to the follW~r,t;1 For ell. ~ t:y: City H.nsq •• City of oou,h Wlami 6130 suo,.t Driva Bo~tn I4inml" r.odda nH3 Planning Pi~~~t~t ~l~nnlng ~nd Commun~ty Development Dep.rtment City Ot South Ml~ 6100 s~~a.t pr~ve South H,.mi, r;Lori<;la 33143 So~tn Mt~m~ ~G~po~~tion httn, Xlon.ald r. Ihltlt.er, Vio. P:eHdant A~d W.~e ~, Wlohol., counsel S750 ~~n£~t D,ive Sou~h H1omi, rlc:Ld. )~l43 Wade &. Weeholz, E~q. Gi~~~9~n ~ H~nce~, ~LPI P,O. Bo" 5297 1l9pkin8, Ml.nneaot. SS24J"22S1 W, Tucker Gibbs, E'sq'? no Grona lovenue COQonut aXOVB t Flo~da Book26203/Page1393 CFN#20060104490 Page 14 of 22 -,_ .. _r·"~ .•.. ",,' "0 _ •• -...... ' .. -•• ---__ ~ ___ .... _ ..... _ ... _____ ,. ______ ~ •• ?_,, __ , __ .•. _ .••• _ •. _."" .• _, ".0. _ ." ..... ~, __ . ..... . , . r' .. EXHIBIT 29. """'~1>l.to. ~U .~hib'~. att$ch.<:t b •• ~to contal.n aQd~,t1¢.ns.l t6J:l\S ot this: i5g:ee.el'l'lent snd_ ate tnoorpo)::5.ted h..azeill b~ 1;~fe~$.nce. SU, A"",ndmont. ~hi. ~g ••• m.nt m$Y b. atnotuled oJ! m.tuol written conoent of <be oi.ty ~ .. <i Company $. lQ~g as tile ~tlWnQment ~~t" trn. I'Bqubetnenta of the act, a.pplicable city o.d1nano"" at>~ rl0.~d •. )ew. :U. , htt.:tQ -.gtftDnlIioll t I 'rhh Ii. ~he.~me.Dt r~;reE'(tI'l ta th E: $.hUr,1iI a'fJt"eement 'no TIC px1o~ 0: r .. ::eaQtl.t egreelnal'lt.e o~ ~.p .. ~.n'at1.". ~hUl 1:>. ll~nd.~ov ~~en aitbOr the .Lt)' .~ Oo~anYI voless .p.~i!i~d~~ 4noorp.rotod l\.ro~n ~y x.Io~~n~«, .".tM~ .~.h p"io~ pre"lIt .qre .... nt. h ... bien l1\~d. ot~lly ox in ~~.ltin~. !tach party .~!i"",.tiv.ly re~~Qsel\t.s that i\D ~~Gtn1t>ft\ll hs.'Ve "Oe:tln "ada to thn t 'P~rt~ ~b't au not contained in thi. ~!Il'.""'.nt. and the Ext<~blts. and atipulat&8 tba.t l'J.¢ evidenl;;\i ~$ allY PJ:'IlTnitHHt· not oor,(;.inod L1 ~~" ~g ••• m'''tr .n~ thft l':Ichlb,es, <!haU b. ~<irnit~~d HIt. e!ldance on ;l.t. behal!,' rhio lV,!l:.""'Bnt .haU !Nt 0. .~pplo"""'te~. ,"".n~Gd 0> modUl.o" by an:.' 0 ou~.. ot dealinq, ~Q\u:se Qf petCQ:r.rrIe:mce 0:: \lsu Of trl\Clu tlOQ m<f;'( only be. I1tne.nd9d or mod1fied by a \'i;r.i.tten !.n!:;ltJ:umsnt dvly "".oo~"d h:( otflaero of botb perU.", ~2. Th/.rcS r."t? l!'''"'t'Qh~. ~hl' 1.g" • .",o,,'I> lo "~Qt~dvol)' for tho b'nefJ.~ of 1;hI p •• t1u h,$ •• t¢ en.:! ~h~i. "'~UUI.tu &n~ it 'rr£Y not, b •• nlor".<! by any p .. t~ other th,n the ps>otl.e. tQ this Agreem.nt &rod ohall not giVe <i •• to lia.biUty to any third l""rty otho. tllan til<> .ut,ho"i •• d auco€tna:c>~·~ .,.fJo. .&9$.;l~a of th'l paJ:tl.es hereto . . 33. J.'er;!.Qds" of Ti:;t:o, W'oeneVel' <=.ny cistam1.natj,-on .\a to :b~ maQ.~ O~ ,,:ction h \:0 be i;.~~en on a data t;;paci;C;ia.d in Booi<26203/Page1394 OFN#200e0104490 pege 15 of 22 "I" ._"t· ......... _" .... ·~""'" "-,,_ ..... ,," , ....... ~ ..... -_ • " EXHIBIT <hi. "q::'''1lI<~t, if ouoh o.ta shall ,aU on, ~ Saturday, tundoy "" ".go.1 hoHd"y, ~l1.n in •• oh ""e~t &Ucl d~t. ah.U be extlitndecl. to thft l"I$x"b d~y wh$,ah .is nClot a S.atu:rdii.Y, S\lnday or l.~~l holitl,y, H. Oounl:.UJ>.~t.. Th.. "S're~m.nt ""11 be er.ocut.<i (.including by ta.cfiim:tlt.) in one o~ mc~a otlunt.6'~art$ / and b~ the. d.i;Eteeent PJl~;!.e.1!I be:teto in fie-pAt-ate OQ\mte:::p~rt8, eaotl of whictt lIhl>/l execoted .h.ll be de"""" to be .n o~l;.r,U put all of \&,iOh ~&~ln ~oqHh" ... b~U oon.tltu~6 ons ~T\tl tM .. "'" '9rUm •• t, 3$. ''''''.o~'<.\.on. '~itM.n 20 <ity •• tter the ~.veloprn~nt ~\)'".e.".no ha. bO.1\ eiqn.<i by bot!> tho Comp..,y anc\ the elOy, the 1I.ppliOlUlb ~".u c~~.~ a copy at ell" o'''.lopmMt, Arjreema:nc t:o: _be .rso-oraed <:t the ,t..ppl.iC"..antl's; e:xpeMa' ~n t.ha "eghtry .= do"d. in Nl.mi·D~de oounty. 3G. Xh"t1~ o~ PJ.9ht ... o~-W"Y. 'fhe C;lt,¥ ag:ree.e to .bando" tha r1obt.-of"".~ ~dj"".ot t~ '*~ prQpa:rt¥ to the b~Hdabl. Hoe. The C0I!il'.n3 shaH oont"",ponneQ~'~Y qrant ~Q tM C~ty an ••• "",.nt ~~o'" the ~lg4tMo.c".~1' IIdjooont to tt ... P<QP .. t~ tQ the !>vUdalile Una foo all future n •• d. of. thO! C1t~1 'to ene:Ut6 tlliU:, the p:tOP,",UQ ItZ'tlOt.Ulj~ ~oe$ not ~n'.r~.~ with the C.t~'. f~tu~~ n •• ds, on), perm.n&n~ ~\ltu~t~~$ .~l:.ndi.n~ out OVer the City' ~ ..... ernen. aho.\l ?~QV'\~' the Clty .itll eluUnoo ., p.ov~cted in tho ~omato.n Overley oi.t<100 in the Lond ee .. olop"ent Code nO-feet m.ini)~unl), . Pll.gelSQfl? Sook2620S/Pag~1390 CFN#2008D104490 , Pege 16 of 22 "1"1 , , I, I \ , . EXHIBIT "1" " "1 ct.tl()( . Hf\f2.i '" ~. M~~~e.2..- D AS !O FOJU>!, .~A~t or ';'QP~~~ ;tu-''''''I \ I COl.lNT~ 'or !I",,~1!i SMOg <QO~ I ~h~ fouq~~ng .ino~ultient waa J.lck.~w~$~~ed btfo~e tn. tht. rue. d~y of p<~c"""w-• ~gO'1.'Tj)~ ~ B~CKIj(W-ryli11~ who ~. p~n~~no~ tc. me O!l: -nhQ 'P~QduceCl =-=~:-:"::::"~=c---~ •• i<len~'\fic .. t1.o", on heha),l of th~ corjlOtatiQ". . Ea".. 17 <l" L? Book26:103/Page1396 CFN#200e01 044~O Pa~e17of22 , '" ........ ,. .. " ... __ ._-_._----_ ... _._-" ~, EXHIBIT "1" . " .... _ .•.•..... ". "_"" .. " ___ '_r, , ... , .... ". " ORJ)!NAh'CE1l0. J5-D~.1 627 IW O)'u)lJolANC.lt OF THl\ MAYOR A.ND em COMMrBSION OF'l!.<m crT\' OF SOlJ'l'lJ Mr.A..~ l1LOlUDA ADOnlJolO A lJJWlr,LOPMENT AGRltEMENT PUR!lU.t\.N·T TO llLOlUOA STATE STA:ru~ 163.3:t;!1. FOR A l,1NIl1'll1P PllVELOl'MEN'I' PROJECl'lCIlOWN AS "PROJECT SONSET" WElOa: wn,r, lNcttJDll: 'l'E:RUE 110lLDlNGS UP TO FOUR (4) STOlUES INHETG:EIT .t\.ND Tl1JI :FOtWWlJ'lG WEB: lQ8 ~roL'Il"FAMILY· lIlOOllJilNf.I.AJ, D"NrtS, JmTAXL aSES, ome& lJS)£s, R)lSl'AtmAN'l'S, !lANK Am> I'AJUClNG GARAGES; ALf, :FQll.l'R()l'ERTY r,OCA!rllD Gl;N.Il:n.AI;J.,¥ AT 57$0 SUNSllT Druvlll ANJ) x..:mGA.LLY PESOUlllllD Ag tOTR 6 TBRU p, 4P T)ll;l.t1 4S,.53 Tl3llJ.t fi6INCL1lSJVl!:AliJ)'l'lm EAST 50 FmOFLOT85l AND OZ OFW. A. LAlUONS SUllDmsION" ACCOIWlNG 'to 'l:fll!l PLAT TRElUWF l.<.ECOlUlEl) IN PLAT J)QOl(; 3 AT l'.\.Glll~~ OF'r'am PUBLIC l<.ECORDB OF Ul.w.l·DA.II:& OOtJIfrYl nOVlD;o.!G XIOR ImVJiiltABILl'l'ti ;rl1.Q"V1J)lJolG )?OR OrullNANCES IN COMlLI01:I .... >ro l'll.O'l'lIllNG AN EFFEC'!'lVlII PATi i'i');JI:IUtAS, !n. 2005 tho SOUllt Mloml ~!potr.~~u it r~uWg 'J!PIOI'Il of l PI\'W~''"t Ag:e"" .. t for a 4.5 ''I'' Jl!'O~osod ~iiIll,d ~evelopm~ 10 ~o Q'Ue.:I "ProJeor 8 .... 01" wblcb wllll"Q)"~' • tol.l of 1 Q8 dwelling wUt< .. 4 t1.ilZ ;<rJ"" fee! of ..,,,,,,,.,.,lal,p$O' "" P'"J!"I1Y 1.0II1e:! 8"''''>.lW al' 5150 Sumel Dov. ornllc!!.n,1ltBtrlbei .. LIlt! 51ll"'~. 40 fum 45, $3 _ 60 fnol.,lyo ,nd 11). """ SO f.ol of to!. 5/ 1U1d-5~ o£W. A.l,.arldru subtlMoion ,o"'ding to !he plill Ihecoof,,,,,,rdcd ill FI.t book ~ !rt p~go IPS .fth.. publf<>"",,""ofMiIrOi-l)ad. 00\100/ i Rl1d .. . "\'I'lII!lRlliA. file CiIy O:mmll"loA at i!; M ... 011 I, 2D05 tn",,1b>g edoptod • !'<l.oiuUon Ililowlng tw" 'Pocl!il ""'''l'lk",. andedop\1ld. ,!"'OIl!! "'. ""oll1!ion F'n:oiWog tho loostloo of four ml.U!>Ilt. ill tb. ""iKed d.velopI1len~ and. WB.EREAS, th.l'l~ I.w1J (lovonun;tll Dov.lop",,,,' ~ Aot, ". fur .. In sections l.Gl,32~O.11il.324'.l'lod<la Sllltule<, provides 1\), tho o~."illo" of d.v~\ 08'''01001, to l"our.lh,1 tbolaw IIlld "'ivl,tior" ill offi:o! II lb. limo Dfthe =titian of \b.o OwIllOj>tOOl)t "fl)' •• ",.nl ~)'!l80Y.rn th.d,,·.lopmorn ofth.londfurthotlnredon oflhl.gr .. _~ ",. w:Eml\lI/.B. tho South wamJ Clll'jlo,,~op hel ~r~{lO'~ tt.~ ~"'~\lo~ of A o,v~l.p"''"'t 'WO"'"UlIl1t wltll!h.o Cit;> of Soull1 Miami perlo!Jiill8 to tho .m!l;oo IlSO proJect (I!1!ftl~ ''J!xQJcot. ,(U'JW' wb.!<lb 'uew1'lIlt lVoul~ ;>1 fQ<th ell o( the eQIJd\tlont 1m! C~nur.!tmOllt. req\llr~d by lb.. City roJUllln~ :/'tolI!i tbHI'Pmal9f Ibo Ijlcclal "'O'I'l1an II.Il'llpWlllSe )':)<!vosl6l Md . , v;>rIlli!Ul'JJl, tho PlnD.1ng )!o",<! ,\ • l1"otIllg ,. ,olm!ary 22, ZOOS ,fter ~ p~Wc b;,;ris)~, adopt ... motion oy ..... t. or 4 ,yo 1 ""Y w"""""",dlug 'PI'I·",,'! or Ibe prop~,.d Doyelop=1 Al1onm'Dt s.bjtc~ 10 'P¢clIin l'W1~ ",dcondlt!o.s, whJc' bavo boct\ lootudod ill tho d""n ,gr<Ol;!l."t: and WI!EREAS. the MJ}'Or BDd City COIIUDi"\QD of ill, Cli)' of S001h Mlaro.i dea;reto ,coopt the ff:CD1Jlmt~m.tion of thll.PJatllling Board! NOW, '/:'rmnEfi'Qro; Jm IT OllDA'Il'llllD IlY TRlli 'MAYQli, ,UliJ TBJl eLl").' COMJliL~SJ:ON Or! = Gl'¥ 01' SOUT.E{ MIAMI, 1!WlllOA: ~jglti TIl>! a Oove\OjlIWII Agreo!Wll)l; ,r.!!Co". ,:, Er.hll>il 'W' ~Q~ ~"!"UQQS pub/Is ~ ond daled Moxot}.jji I 2005 bc!wo,,, th. City of S,ulb Ml.,ru, Florida, and. tho South Mi!lOli Oarpo .. i1Qil'p"..rt!li,.mg ",. 4.5 aOre propo,ed Book26203/Page1397 CFN#2008Q104490 Page 16ofZ2 , "'~~""R_"" ......... ' ._ ....... , ___ ••• ___ • ___ .. ~ ... _r .. ____ _ ... '----' .. --,-... --'''''''' ... --.,-.. -.. -...... -~ f I It' • EXHIBIT Ord. ~o. OB.05.1B27 unlfled ~lVllopmont to bo O/.U04 "l'r'<l~ol &IiIlIOV' ';hicb will tooll>do a ~l 01 \ 08 ~iblg lmitli Illd 81,.12 sq.ue r.ot o{..""",.mle,l 'FlO! on p'opori;' looe!Qd g",ordly ~5750 Suot .. , I;>rN •• no l.&,ll,y d,sorlbod" Low 6 Ibtu 9. «l t!w 45, Sl Ihru 06 Inclusi.> ",d Iho...t 50 i>ol ,noto 51 "'~ SZ ot W, A. l..atk(n. ",bJl!<'is{on ~ to lb, pl,t lh>1:.of , .. ""dod in Plat Book S .t ;p.g. 1 ~g of iii. publlo r ... rd, ,1)AJanu-J;lade ealtlltyit 'P!"ovod, . ' Boetien :llt,ny <"'tiO:l, olbtlSO, oont<.nco, orpW. o£thi. ordillanoeu fur .. "~,o • ..,n h.l~ illv,lid 01 , "".o.,.~tuti ... l by. _ "f~tontluriS<liailon. :al. hold!llti shall nO! tffaot!he Wldil)' offue rerneinlngportloa, oftbkordJrumo", , . ~l!J All ord!rumees or Pam of ",d{1l9n'0$ In (lO!lflict will! tl» prcrc1t1ons of ~J, oroin~o,. "'0 beroby repealed. " SIcll." ~ ,'!'1'" orou,..o • ...u ~.ell' .. ,tivol..,,"""!el7 .. ""'rfu,odoj>&mbm-wf, PASS!lPJ.ND.u)QPmothJ'~d£Y.r 2M ..... ...£, ,2005 .... '!"I:!e8T: .!.PPRQVlJD; ~~d j" Roacling_3/1/05 2'" "ding-3/t 5105 AJ:PROvm A6 TO FORM: OOJ.!l4JBlllOHVOTE: Mil>''''-: VI .. M'qQr Po]m"1 " CorrunlssJemar '/il.corobe, ~llir1$.eo.oP.': Commi&<inocr Sh= d-1 xea ):,ea Yaa Yea ~'Y Bcok26203/Pege1398 CFN#2DDBD 1 04490 P~ga 19 of 22 "1" , ......... ,-......... ~.--" ... "'.-~--.. --.-., .... -".-, .......... ,-.., .. ,~.-' .. ".-_ ........... , ... , .. ,~,."., ... ------, ... ~ .... --.,. . , EXHIBIT "1" .. ~ ,... ........ --...... ~ I , OlU>lNANCl! NO, ..le.OS-l &40 AN OllDlNl.NCl! 01' T.8lt l\l.A.VOR AN.fl Cl'J.Y COl\l:MlSSl.Olf Oll Tm1l el'n OJ! SOlim M;lAAlJ, l"LOlUl)"'.wJ!'.Nl)l[>lG m :D1WWWi'lIOi:NT AG~ hDOl!TED A8 pA:ar Oll' OR'OlNANCE NO. 05-C5-lC'l wmCl'! ll'l'ROVIUD Tel!l ))JlVl>LOPIaNT AGRlf,!ClriliNT rOll. A IJN)J!lJill) )JE'I'EL(}l'l\IJINT 1'1\0.1110'1: lrnOWN AS "~GtlNSlCT" lJOCATED ~L'Sr AT 5150 BONS£T lIlUVll;),!'!"D U!lGALLYDl!.SC'lllUl).MIW'lH 'mRlJ ~, 4Q TER1145,5> ~iJ 6~~ AJ<"D 't'roIEAS'r5O)i'llllll' Oll't.a'!.'S51 MOl 5. 01'1'1. A. 1.AllJO]>IS SIJBl)MSION ADC(I.l!,\)lN(f TO '!'BE l'LAT vm:rutoll'lUtCOJlI)jiJ') IN 'pLAT lIOOK» A'I: fAS& !.liS or TJm PUBLIC )ll!COll.DS OF Ml:.\7>J(-lIADlI Co.UN'l'¥1 ')'I3J;: PUllPOS:B) 011 jEi: .umNI1l1OO1:l' IS 7:0 AUTIlCll1JZ1I mE AD);IJNlflTllATl.ON TO PROY.ID:E A SPlIcmc JMo\:1l,"I or PAlU( .\.Iol.P Ol')'l{ SPAO!I CONCU)l.RENC'I f A'S:'MEN'r 'j'O'T!m crrY • .!l!I:XI11NG Ta:E llA'l:ll FORl'A~J,JoID AD.mSTlNG TEIli: l'l'i'.MlNG 0]1 TIm P"EVEUlI!MlIN't'f i'lUl'l'lDlNG FOR Sll:~1 Pl<OVlDll'IG 1I0R OlUlll'iAllCE8 IN CONJi.UGft A.ffi) l'RQ\'IDlNG AN lIll'FEC'Im 'IlAl"It ~'JmUei,.S" tho Cil)' CoouulIsIPll It !Il ~ I, ~O~5 tp:<>iel ~, 1P~lmhplO!i.l 'Koop'.kI\a 1tl pWllIlt ''I'''ll,gj Smlsot", • UllllIqj mtx.d"" (lev.1opll1e.1 ~nri~nJ of ml~~~~Al. ot'iloo IJId ,,!all II,,! II"norally \OCmd AI 5750 Su~"1 ~VSI and V<EmAAAll. tOe Cl4' er.m..~.io •• 1 Ita March 15, ~on" meotlng "'opt.; Ordin .... No, os. OS,lBZ7 approving , ~onI/.uoo""",~ Pot1'l>'" tho City .rur tho .",.lopor, th. Souih Miomi (:011'0«,,100 fur ProJ.~ SuIl:o~ IIIl!l . ~:mAiJ, S.4 ofth.Il,volopmont ABT"'",.nt •• t!J!cd "tM of Prop.rly" .. ta toM • phil'lns scho<llll. fur e;" tle\'<>loplll«ll 0(111. P,oJ'o~ and ~AS, tho A&n!nl$!rat!on h" nnw ",goilatod '" "", .. dod phas1nf; .ehe<M, wbiob ihnuld r,dl,,," tho !mp,otofth.dtmJ~progt<mton\l1lfti.O!W pM<;!ngio.lbouco; 1md " \Vlil$l!AS, s.otlan S (b) Qf1bo Dcv'I"l'm~~\ ~.gro,ltI.Jlt .. (\tW "Pob!;. F"lliti., Serving the ~'oJ90f' !'royill .. " fermul, tiJr dol'fml,lns the amount I\l1d tlmil'g of. pm'!: nod "l'~' lIP""" ""n,_nor P')'l1>""t tJ;) b. ""'". b;r \h. dmlcp<rlO 'the Citr; .. d ~AS, til. A~CIl~" IlOW n.~t!&tod a 'J>' oI!lo "",.unllI;Ild ",,1"0 jlmi»g ot u,. pari: •• d 'op~n 'PIIO'OCllOlltlW.'Y P')'01'1ll to b. Illadl by 1M d~v>lQpo, II) th. Cltyllilld , , ~, 1ho l'illWllng aoO!~ lit" sy.ollllllC,tin, l!i MJI)' 10, 2QOl m~tlnr ifill' I ~~bllo h"rl>1& •• dopl>d .motlon br Hob> of S "Y' Ooay ,,,,,,.,,,.ndbg OW,",'a1 oflb~ ~ropo .. ~ """""onl \, th. D",·,lop",,,,1 ~\. NOW, 'Illl:rnli:l'ORli, S'£ IT OlUlAlNllD BY ~m: MAYOR A1W 1'£ill Cl'IY COM:r.m;S:101! ol;"rffl.ll;!lTYol' SOUTl.!:MlAMl, FLORtDM " ~!!..l,Tb.t SeotlOll.of tllIlitoa "!JlO of rm]mll'", of lb. D""oloJ'l'!<>llf.l\,!l'o;m.m b.twoon tho Oily Olld lb. BOllIhMl.1lll iJoJ:pllroUonlbrl'roJ .. tSIlll>'\ MIoI'Wd br o!~No. O;-05-~m "tho March l~, ZO\}, O!IY Goll'll't.sioo ~ j, h.,.by ,"".d,d to r<ad: ~. ittJt:p: of l'ro~. Tlw ~(>pitt:y &e.:;mbed-in 'B14Ublt '"A" Is 10 'Do 'iltll~ed. for tho. 'P'1'OJDUt d .. "lbod In Eld>!\>1t ·C": pmb;<d "''''''Id~\ti~, om .. amiIlll&1projoot\\'Jlh • ",io'ntl.l U," Sook2620S/Page1399 OFN#200eO 10449q Page 20 oi 22 ! I ~ 3 4 5 5 ? 8 9 . 10 11 l~ 13 14 IS 16 17 18 i~ 20 2l 2. ~3 ',4 25 26 27 ZE 29 30 31 32 ;3 34 31 3" 31 38 3~ 40 41 42 43 44 45 4G 47 48 49 EXHIBIT "1" not I~ ."oro 108 dwelUn& 1lIli~ on 'pi"o"im,l.ly 40$ +/. ....... Tho proJ.,,1 wiU ""'Iud. " ... ""mfored" ._ ~ k .w.~ IOlIdw.y J~(""""\io,,, P1J.",onnl 10 Exhibh "0". 'l1te o,oupiod sp ... 01 lh~ pr~J~ 'lrlU Il!lt ~ (ow lI\Orlo, or D.itr, W<, (,Ii) foct III height unlos& othe!'IVi,o ;""'llllttod hl'lh. South MlltmJ oomprelJOn~lv. p11Ul or ill and /.ovol<>pJn<nt •• tiOjlS. The loW of ~o""Ple<l 'P'" or fhe pzr4ect ~u no\ .,"".\1 fu\lt elorle:l. NO!l~ "P'.' ,hall.ot ",ow.! , "''''",UIll height of til!)' dx t'oct. Th, project ,llaU bo built in.....,phosoo .. futlowo; + Pha", hholl CQn.w1 of131ool<o "N' 'nd 1:9' =»! doso<ibed ill SohlOll "0". • Pb5crt oIwIl ,cP.OI~ oiElook~::£!! ~ In Ill:blbll "0". • Tho ComJiany ron e),et t. Imn!em!J>!! fue ".y.&opmont ).Illillln .ono ' I!!ma • '!:eo 9lmenny ml~ elect to ntiUto 1I1oolt·CO ... tell1pgl:!!n' b,"k Wllity !lith <!rIYe-th:r<>ugh lall", (1'91 to ""'.ted fOl<. lane,) whltl>. fa<>l!tty Ihan b~ f)wov.d ~Rp. fit. !""'1IlI9I' of tbo Certifi"J!t& pf NW!l!O'('Ol' tbll!ml< fa. sn PII>Ol<"A", The ovtI!'1.l1 dweiopmeot of Ill' l'IQp,rty aha)) be ~nducM in a<»:lr<ttno~ with tb~ approI'M dt~ p1"l on file et tho City, (~t:t.IoI\ed Blld lIlooIpOratet;l u !xhlhlt "C'? inolu4i~g olevotloll$, ~teot.Jral feature, ."d ~Ilimate:! OOIl\l1lWU Il.,UlIl'S ~ol'go plIr,uant to Seo:tOll20-3.·7, ofth. WO." . ~tl.n l .111.1 II .. !!"" 5(b) mIiIled "'PuilU. F«ilili", Sel'lblg Ibo l'rqlrot" of the Dev.lopreonl A~i\t)~ botW,,,,, :he Cl,¥ 0!l!I fu> S~U\'l\<.i>mJ (',o.rporotloo (os l'rq!tl<:t SUnl;e\ adopted 'oy O,dmllflo, No. OS'{)S·lel? ,althe Maolll5, 200l Oil)' Comml"]o.",,etl\lg.1< hcro!l)r ..... dc:d 1<) "."it 5. "l'ul.>)ie FocUltle< S'llI'\'bl.g tho rr.J.~t ~ 'I! 'it '* '* .. b)l'arks and ~ Eased on tho Pl'ileoted ~Ili pop~lat;on on th~ rrQPort)', Omrpmy "sre.s ~_ .I'fev{.w .~ e ... , .fl~.~ ~n.OJl~I' Ii ~Gi'i' ~e, • ~111>~.11'"" \l;B g,,,,J>i!'>l' Hili) .pla'fhto rt t'8'eB~8 per)'i!1:ft!" l!~e:4 e~ ~~ e!de~ ltJi8B t1'fIt~laeOO~~ ~e==!:~~=~!:==~:iS::;=:Ut:'!4! ~. a,,& hwnp sk. IH\: at flofere i: 46~'lti It Uee' e:l:A .QllvqQUr Ii gt?M7d fer ,~fl-t ~Q/-'.!IIiHa iii. p"" ~ I. !l.gatl UU,QQO In on lvR)O fum .r 1\, n'l/onrlbIUtt.l:l!l: eo nat! c. cum . """I . ~ be n 0 .U~or. moJo! ~f fuR ut dEn. e:e.nd c ud& in st rca" owt Itl u: c b tnll Cil~ until ro"lptotthepa~tlL §eetlou 3 Ifany ~",UOll, ~ ~tC!lCli, orphl!m, oithis or<lliwncaiG fur W'J reason heJd im.Jlrl or unOO"stiJution,j hy n court of ~ot~tjurlWi.tioo, tills lloJ<Ilng ,ball no! oI;li:ct th, v.lidity of to. m'Otllfl1tlgpc.rtloru. of"thU: mdiOfIllC9. Westf~D 4 All OI:diIl(J.ll~e{> or ~ of OrdillSllCe8' m ¢Ot)ilttlt with th~ prrnrW.nrJi or thls orrJ{r~Mc~ ~~ b.robY 'opoolO<J, Sook2e20S/Page1400 CFN#200e0104490 Page 21 of 22 ~_'.'_'¥"".'" ." _'4'"' __ ''' _"." .. , ,.,_~,~ _______ " __ ~_,_",,,,,.,,.,,,, , .... _" ...... ,., ., •.• ,_ ....... _ •.•• _ .••.• • I • q , a Cr~. t ,. 19 a. ~~ Not ",rr. 1Il1- ct~ OJ EXHIBIT "1" S.,,~op $ 1"01. ordinOllce sIJaIl he eftoc!N. i:au1I.dMoJy zllxttb. I<loFOOn ~ MSSEDANDAOOl.''.l'lltHhu.I¥"1.1t d<;'ot ~.'OO5 ATI'llST: OOMMISSlOH'VO'lS1 (.~ )~t~Ql'R.o>$.u, 'l.~ VI", MAror Nm ... , .. !>nrd: CO~!OII'" WlflOOtnb" '($' (iolllml .. iOIIot Il!rto-Ooop"l'l Y .. C!o~., ilh.o,'1'.r 1Cea Book2eZ03/POige1401 CFN#200BOi044S0 Page 22 of 22 . ..-" ,. '," I EXHIBIT "1" I, Lots,o, 7, Bf 9, 40, 41, 42, 43, 44, 45, 53, 54, S~, 55, 51, 5B, SSt 6C, 61, 62, 63, 6~, 65, 66, and the aut 50 feet of Lots 51 and 52 of W.A, Lark~ns Subdiv~Bion 6~cording to the plat thereof recorded in Plat Book 3 at ~l~1I 198 Of the PUbHo Records of Hiam.i-P~ COUl1ty,' Florida. • t ':-... -., ,-,,-:. ,\"'!.,:;. . :,' -" . -~ " '!:. . " .• '1 . , . , .. ' ",.-'., . "', ' ,", , , ,. . ~-~ EXHISIT"A" . ' ..... ~ -". - . , - EXHIBIT "1" ORDINA.NCENO. OS·OS-1SZ7 AN ORDINANCE OF THE MA\'OR MiD CITY OOMMI8SWNOF i'Ei:E ctry QE1 SOurR MIAMI, FLORIDA. ADOITING A DEVl1t.Ol.MENT AGRl<'!!:MEN:r PURSUANT TO FLORIDA STATE STATUE 163;31[11. FGa A OOrF1!')l) DEVELOPMENT PRO.recr KNOWN AS "FRomer SUNSET" WBlca WILL JNCLUDE TImEE BOILlJINGS UP TO FOUR (4) STOIUES IN HEIGHT AND THE FOLLOWING USESI 108 MULTl·FAlliLY RESIDENTIAL UNIT'S, RETAIL USES, alma USES, RESTAtlRJ.J-<'TS, BANK AND PARKlNG GARAGES; ALL FOR PROPERTY r,oCATED GENERALLY AT 5750 SUNSET DJ.mIE AND LEGALLY DESClUBED' AS LOTS 6 TBRU 9, 40 THRU 45,.53 THat! 6'6JNCLUS~ AMl''r!l'E EAST 50 FEET OF LOTS 51 AND oJ, OF W. A. LARKB,;g ~~DMSioN AOCOEDE'lGTO THE l'LAT THEREOF lUIlCC5ItDED trH'LA:.'I' DoolO ~:r MGE lP~ OIl TII.E PUBLIC RECORDS OF M!A.Mt"fllAD'Jl( QJjONTI'\ l'ROVnrIlNG FOR SEVER.A.JlILITYI FRamING FOR. ORDmANCES IN C()NFL~cr;.Am! PROVIDING AN EFFEC'rlVE DATE lI'EERl.i:AJl •. ·in 2i'J05 tho South WJIlIl,1 GorpOl:attOllis req~ostlng~ppio"'l ·or.. 'Dtvel6;pl'rt.ol Ag",em~nl for a 4.5 Mr.. proPOSM UJllllell.de.,elopmenllo kMllcd "Prqjeel·SwlBd" ·.>irJchwHI·ln~~d. , (Olal gf j-oSow<illillg unitt !ifd 8'.~tl ~cr.ua.~ ·fwi "r"",ru"orole1'pa.e'Ooprol'lir'<y rothlod~,"cmily tt· 5750 Silllset bclve IIllS ·Iegolly ~eserlbod ... Lom·1i 11I"u 9, 40 DUU 45, 5S tbm 66 In'i1usi"l'c.pnd .0,. · ... 1 s6 f~e! aflo!, ll. nild 5~ of,,/{, A. Larldns suo.i!l",fuzl ~c"'rding to !he pl.l ther(;Of~ccordod {Ii p1.t.b~ok .~ at pag.)'9.8 .ftli,c"ubl£e,=d$ o{MI.ml·l),d.C¢UIl!y; and <t-.. WI3Ji.l1.lllAs, !he City ComltiI,t\Oh .t it' M",h I, 2005 !l\~g odoptod • reso!\luon al\owmg r.,r{o 'specie:.) 6xcep~1:oris t!.nd..a.d'opt(';t.\ a ~p~i.5.J U~ reso)utlon pe.mlitthlg tbolooa'tion of fow re$tau.'1!JlU in tb c uniilcd dev.lopmon!;-and wa:EREAS,!he Flocld. LouaJ Gov"'."m""l'Pev~op!l2e~t Agreement Act, ,ef forth in 'ootioo, 163 .:>~W, 1'133 .3243,. Florida S1>tilt .. , p",vi~c, fot tho ", .. ution of dovcloplllenl ,,,,.omOD!S lo io.'llT.ili!ol tho "low liud ngul.d"lli In effoct.JU the lUne oftbe·,.",uUon of tho doY.Jopment _gre.",,,,,1 •• ,11 gov.rn thl! devaloliln::lfl::Jt·oft'he ~a.pd tOl'1he.ctm=atiC)tl ot1h~ hs:r&!"D:l~n.t: ~~ci WEL'F<REA..$,· Ibe South Mlamf COl'Jlo!U1i~n 1-,01 preposod ille execulion of • development 'Wei.>ixl"",l willi the Cil-y· of.Soulh Mlar.ll·l'crlnillll>g ·t. tho ml~ed US~ proj",t ""tlUed "Prei.,! Su.'Uet" "hl"clt.,gr=nl would $~ fOrth oil of'ili. bornlW"tiI; end oolIlDlilmenl' req1llrod by th. City toGl.'llillg from th.eT,ppro>'81 bffnc 'p¢i>iol ",.opllon Olld·,pe~fol "" '"'Iu .. tt: aM Vi'E:.EREAS, the Plannlng Bo".d at , oiO<i!in~ od February. 22, :1005 after a public h",ring, edopted , motion by • vote of 4 aye I my ""ommeodlng 'pp"'%! of th. propo,od Developrnon( Agr,emeeJ .ubjecll0 specific revisions and oobditlOh" w!lJchh,ve bO'o included in th. 0:-.11 '.,-0..,"",,,,,1: nnd WIIEREAS, the Mayor ""d Cily Co:nmi"io' of tb. City of South Miami desire 10 ,ro'Pl the recO!llillCod allan of tho ?lBnning BDlird. NOW, THEUFOIUl, BE IT ORDAINED BY THE IMYOR M'D T!!E CITY CO ~SlO N 0 F T!lJ! crn: 0 F SO \JI1! M1AMI, FLO RIDA.: Section 1 That e. Development Asree:rnenlr ,£~r;choo as Eilibii '(A" RS iL"JIended· during loe Mue!! 15, fOOl DubUc hearing. ",d dXlod l1uch \ S I ;! 005 . '.twHo '''' (City of South Ml~"1ll, FloridA, ""d !he Soulh Miami CO'J'Oratlo~ pertaJnill~ to , 4.5 ,cr. proposed EXHIBIT "B" EXHIBIT "1" ord. 'No, 0;-05-1627 2 unilitd developm.,.t '.0 be ~all~d "Proj •• t S1lIlso1" \Vbl~b will "'e).e. a to .. l of lOS dw.llillS wlll$ ... '>d 81,212 "JU1l1'e ioet of coromernial opr.oe on pro;>,r\)' IDeated gOllmlly >I 5150 gun .. ! Drive ",d l'cally d.&cn'b>.J .. Lots 5 Ihru 9, 40 fun>. 4;, 53 tNu 65 inoluslv • .oo the ea$t SO r.,j Df Lots 51 I!!\d 52 ~f W, A. t.rldn& subdivision ocoonling to the pu.1 thoro"f r.carOe:! In PiEt Book 3 ,I p.~. m of tbe pubUc ncordi QfMUuIlH>~d. eoUllIY is ""proved, . Secdon 2 If any seation. olllllSe. sent<lnce. or p~ of thls ortll!\SDCC is :for any retlOlJ held tn""Ud or \lIlconmMior .. ! by A oourt of oolllj>elentjucisdiotio,. W. holding slmll not effect the "lim!), 01 the r=io!ngportiO!l8 of this ordintlloo. Se,~on 3 iJl oTOlna""s or parlt of .rdruc., in oonfliot with the l'rovi£io,," of thi' orclnan,. trQ bereby repealed. . Seott" 4 Thi. ordim.nte ,h>lJ be effectivo iJmnedialely.f!er tll •• doption hOT"'f. A'l'T£ST: Al':ROVED: nt,a..:..Qn~ \'eiftiLERJ( (~J-' 1" Rel.dillg -3/1/ 0 5 2>; .. odlng.-3/1 S/05 COMMlES[ON VOTE: 4-1 MByorRu=lJ: Yea Vio¢ Mayor Polmer: Yea Commission", Wi,ecrnbe: Yea Gommi:ssloncr !3irts-Cooper.: Yea CommIssioner Eh.e...,. N. y I, ,'\ Ord. No, 18-05-1840 A'lTE.ST: (}YIP: Q;Q~Inb<"h .. V QlTfCL'ElUZ , l' R •• dtng -6/7/05 2"Rt..dtng -5/14/ DS . ~P"JVE,D AS TO PORl'!; _ TY AITORNEY EXHIBIT "1" Al'l'ROVED: COMMISSION vom: M£yor Ru".ll: VI"" Ma)'or P.lm~r: Comm.isslocer Wis-c~mbe:: Comm.i.ssiafaet Bi.rts...ccDp~r: Cornml .. ioner Sber.r 3 4-0 Ye.a. all.ene ~e. .. ~ea "iaa New wording underlined.' 'Wording 10 be removed Indloal~d by stn'"through j' , , , ' , , ' EXHIBIT "C" ..• EXHIBIT "1" I I' I ~- • .. .1:1.' " . : [D .. (,I., ·1 .: ,. - I' 0' EXHIBIT "2" IllInmlli 11111 11111 UIllIUIIIIIIIIIIIIIII llIUnicipal corporation ("City") and ·SOUTH. MIAMI CORPORATlON("COmpany") or Its asstgnee. RECITALS WHEREAS, the Clty~mmis.lo" of.th. COy of South Mia.mi adopted Ordin~nce No, 05-05- 1817 {attaohed as BKhlbit "B")which impl~men!w t~~ Florida Local Government Poyelopment Agreement Aot("tM Aot") andpenllits the oonslderatlon end the adoption ofthi! tSteomen!j rod WHEREAS, tho C<lmpany owns approxlmate!y 4.5+/· acres, zoned lID-OV, de'crlbed in Exhibit "A," (tile "Property"); an.d WHEREAS, the Company dosite, to CID1BtniC\ a mixed use development enC0ll1pMsm.g retail, office and residential oomponents (the "Proje(lt') descrIbed .in site p.lan on file with the City In the Hometown District Overlay Zone within the City of South Miaml. WHEREAS, tho City has ~oncern' regarding th. Qrlgimu Dwelopment Awe.ment .tba~ was dated March 15, 2005, flli]yelloouted on April 6, 2005 but whicllvros m"'(If record.O; RnO WHER)l:AfS, Ih~ 'Clty and the Company amended the March 1 S, 2G05 Developmont A~ement And Ih!s r~lsed Development Agreement wal dated Jun. t4, 2{)05 and whl~h was eventually recorded as required by statute: however, th .. "amended" developmetlt ,agreement was recordea as the original development agreement and it WIiS not titled nil lUl ol\lend~d .d,vel'ep1tleDI agreement; and WIIEREAS, the City has concerns regarding the signing and recordi1\g of the lUlle 14, 2{)OS Development Agreement: an~ WHEREAS, the Company and the City desire 10 settle the COllcerns of the City by entering Info this Amended Development Agreement: and MIAMI 32931~2 ,3 768131293:2$ EXHIBIT "2" WHEREAS, the Florid. Llcal Government Development Air_ernenl Aot, seotlonl.163.3220. 163.32q3, Florida Statutes, (the 'Aot''),ln eft'ect O~ the ~ata ofthe'City pat~and adoptod /!. tl'IQ1u!iofi agreeing OD the tenus of the origflllil Development Agroemen4 providod for the execution of development agreements for a I«n1 not (Q exoeed len (lO) years to insure Ibatthe law in effect at the time Dflhe execution orlh. development .agreement shall govern lite d_lopment ofth~ 1.04 for the duration of Ih. agreement. NOW, THEREFORE, in consideration ~f the. above recitals and Ihe follO'wing j)ovenanls, teI'lI1S and oondi·tioM the receipt a!Id .ufficiency of Which are ""pressly acknowledged, the City and Company coven anI and agroo .. fullow.: j, Incorporal!on or R~dt.]f. The rloll.ls set forth above ~re lru~ and oQrr~~t t.nd are lruiorp~raied herein by Ih i. reference. 2, Properly. TheC~mpan)' owns the property as described in Enhlbit "A". This propsrty is d.emed to b. one unifl.d paroel and I, subj.ct m the unity of tltlo pursuent to the requirements of ,eolloll" 2{)-7.30-snd 20,5.14 of the eily Llll1d Dove1opment Code (the "LDC") ~ttochod hereto as Exhibit "D", 3. Effeotive Date\ Duration of Agreement, This Agreomenl shall be effective as of lnne 14, ZOD5 (the "Effective Date'), the date that tho City passed and adopted a r.,olution agreeing tG the terms and condi~ions ~f 1he fir,( Amended Development AgtWlllell!. This Agreement, as clIl'fently amended, shall terrnirurta fen ye.rs from the Eff~Q!lv~ DaW of this .Age.ement, un·l.ss otherwise .xtended or rermll1l(ted as provided fer hor~in or in the act. The mRxlm14'11 period of this lIgretrnent Ihall bs ten (10) ye ... from the Eff.olivo Dol. \1Illo.ss extended by mutueJ Denim! of all legal Md eq~ltable Q\'Inets of the Property and the eli)' upon approval at a public hoar-inS, as .p~oyid~d in the Aot, 4. Usc of Propor1y. The property described in Exhibit "N [s to be utilized for the project described in the site plan on file with tire City, a mixed us. resIdential, office Illld rotail1'lojoot with a residential Usc not to exceed 108 dwelling units on ilPproxiroately 4.5 plus at mlnus aGl>OS. The project wlll inclUde 'ohamfered" corners whe .. e it abuts roadWAy Intersections pursuant to tire site plan <lIl file with the City. The occupied space o!the project will nof :eMeed four storie, or fiay six (56) reet in heigh! unless otherwise pe1lllitted by·the South Miami comprenensive plWl or it, I~nd development reglllatlc>Ils. The total ofoocupied space of tile ptoj oct ·,llal! not =cd four stories. N oll.occupled 'P80e shall not exceed a maxitnum height of frfty ,ix feet Tho pwjoct shall be built ill two phases lIS followsl • ph.,e I 'hall <'Onsl,t ofBlock~ "A" and '''13'' d¢scfil)ed In ExIliolt ·"C"., MIAMI 3293 1 8:l.3 7~S13!29325 2 ! I, . , EXHIBIT "2" • Phase 1I shan oonsist oflliock "C" lIeB0rlbe:i In Exhib~ ·'C". • The COOIpany may eleot to implement Ike development plan in one phase. " The COIliPany may eJeot to utilizo Blo6k "C" as a \emp<ll'ary bank faoilitywlth drive-lhrough lanes (not to exceed fum Janes) which fucillty shall be removed upon the Issuance of the Certificate of Occupancy for coo Bank faellity on Block" A". Tho overall development of 1i>v property shall be oonducted in =dance with the approved sile plan on file at the City, incitJding elevations, architectJral features and estImated commeroial square footage purlmanl to Secti0l120.3·1, of.the LDC, S. Public F.oiIili.., Seniug the Project. In -Older-to eru.allce pUblic faQill!le. in tl)e City of South Miami, lhe CompanY'agrees to provld~ the services listed below In QQmpll~oe with Scotian 20-4.1 of the lOe, I neluding; (a) Red"'"'" An op~l'atlonaL traffic study was, oonduDted .by tho dty and the Company agrees to tile reconunendatiotls of city Btaff as ~ot fol'th in their ,taffrepeli whic" rooommendations are incorporated beroin by "eferenca. (b) Pal'ks and Bec ..... tion Based Dll the projected residential popUlation on the Pto~orIy, Company agrees to donate $232,000 In on~ Lump ,urn as its resJ'O"sibility for meelL,g park and recreation concul'tenoy.l'ayment .hall b. made on or before reQeipt oflhe'urilt building perm i t and .halHnclud. any interes,! or clUtylng cost ino"""d by the·City unill r"".ipl of the payment. (D) SanitRry Sewers Water anG Sewer sarvkes that comply with all requirements of Miami-Dade County for any bullding prior to ~&u"ncc of a final Certificate of Use and OccupatlOY, (d) ,so!ielWe"te Solid Wasta 'erv"'" \h,.t £Qmply "With all l'o'luiremenfs of Miami-Dade County for Bny building prior to iss\Wl1co of a firud Certificate ofU,e and Ocoupaucy. (c) Schools TIle Company commits to P"l' upon the issua1)De of the initlal certificate ·of occupanc,' uuy required MIami-Dade CountySob.oolBollrd SGhool impact fccs, 6, ·Conc~r...,ncy. The Cit)' of South Mb'.1ul ha, delennined thftt the Company's perfonnanoe undor the Agreement ,.Iisties tho oonourrenoy requirements, as aoHnepJed in Sootlon 20- 4.!. City 'Cooo, 'By execution of this Agreement, the City acknowledgM that the< applioat1on for ~ite MIAMI 3293183.3 76'SI3129325 3 '. EXHIBIT "2" plUl approval meets all oon;urr~noy !,,-gulttlon! e~ultlerated In Sootion 2().4.1 oUhe City Code, .&no tIt,t tbe 8it~ plan eppl!~atlon and this Agreement areooneis!ent with the City Comprehensive ?1'1Ul and Land Development Regula!lcw, 7. Permits. ThQ permits preUmlnarily identified as """",.ary for .deve:lopm¢nt of !be project ate desor'ibod as follows: (~) Special ElI'cept\on to permit four dr"JVe-through teller lllIleSwithin the ,Ite. (b) Spoolsl EKOOptiOll toprovide 72,Z% +1· lot oovemge. (c) Speolai Use permit 1.0 perml.t up to four fellaw.uta with 11 maximum toIal of 13,820+1.s'lulU'e 10el with parking to be supplied frOtti any e~OeBY parking within the site, Retail nnd restaurant pat'klng shall be marked and signed. 8. Dewlopment Conditions. The following conditions sh.ll tppl~ to the dev~lopmant of the project: (it) Tne Company !<hall meet aJ[ applicable building codes. Ialld de,'elopment regulations. ordinances and oilier .laws. (b) The ,Company slmIl adhor.e (0 the r • .quirements of aU permits for the project (0) The Company shall d~.lop the project [n confO!'tllanoe with tho parameters set fOlth in thi, agreemen.L (d) AI! aoveform.nt shall b. [n acoord with the site pllm submitted with tbe s!",clal exception and special use .pplicatjo~" said site plan on file with the City. (e) The CompMY sh.lI prev;<l. tho Deportment of Planning with. te",po • .." p.r.king plan, inQludlng an operational plan, whloh nddresses oonstruction employee par1dng dudng the wnstruetlon pllr'iod, said plan sballlnC1lucle an enforee1l1ent plan and shan be subJeot to tile revl~w and approval by tile planning director print to the issuan.ce of any building permits anti shaIl be entoroed during oonslruction nctlvily, (I) An conditions imposed by the City Conunlss!on shaUb. incorporated in thl. De"dopment Agreement (g) Compnny shall re!ta1>ni'se the City ;ts lost pal'king re'Ve!lue from ,any metered parking sp.ces ~djacont to tho Property \\'hicb it oooub'ies or uses during the cotJStruction period. (h) 'IllO Company shall donate to a city tl'ust l\md $40;Q()O.OQ to ·bQ used by th.e city for !raffle o.hr.ing or other traffic mitigation pr<>grruns within the ·City of S.outh Miami. This monoy ,h.lI be donated to the Olty, prior 10 (he issuance of i!~ fll'st buHdingp$rrnit, MfAMf 3293183.376813/29325 4 I. i , i' I , . EXHIBIT "2" 9, Consistency with City of SDuth Mhlml Comprehensive-Plan and Lana DeveJ~pment Re.e;ulations, Theelty has adopt~ a Qlmprehefilive Plan and Land Devel~?mellt Rogutations in aooordance wid! Chapter 16>, :FArt n, Floridn Statutes. The oily finds thattb.. proje.! is OOI)sistent with the cit)"s comprehensive pial! and the city's land de\'elopmoot ~ulationt, The project, amixed use resi!lential, offic. andrelxil development, as set forth hemn, is COOs;,tent with the 'Mixed-Us. Commerci.lIResldenclai (lIOU! Story)" designation on the futlm; land use map, ano tlle HO-OV roniug district on tli .. OfficWZoning AtIa, of the City of South Miami. Goal 2 cftb. Future Land Use Elfllnent identif<es 1ft. home ("wn district which oomlsts of tile "!lometown District Ovorlay Zone," as Mfin~d in Artiol~ VI~ ~ectiQ!tSo20"7.1 through ZO-7.52 Qftho ellt-IlIlld development regulAtIons, 10 , Vesting. As long as the d~velopmen\ on tho Property is in eont!>lI~nc~ with this Development Agmmlllt, and aU applicable lewa, ordinano.el, codes and policies in exlstenoe ·o~ -June 14, 200S IS well IS cU,er requirements imposed bi' the Cify Commission upon the ratlfloatlon of I-he ,ito plan approval on tM Properly, the Property shall not be -the subject of. down zOIl"'g ~pplicntio1t by the City and lilioll Mt be SlIbjeet to -"ny development moratoriUtll, referenda actiol" ·ordiumoe., polioies,. or procedure, eUJIDted by the City that limits the development oontempla,.d :by illi. Agreement and depMed in the site plan. Any ralhlre by this AgW.4llentJo address a partioular 1'e1'11I11:, condition, tel'ln ol'-restrictlon s1uill not.reHevo tbe Compeny of tho nOll!lllcity of complying ",iih ill. 1.1" governing said permitting requirements, oondition" leml' orrestrictrons. 11. Permtts, Conditions, Terms ,nd RestrictiQ\ls not Addressod. The failure of 1bi. as, •• mellt ·to ~ddre" • partiCtllm' permit, condition, term or restriotion ,taB .not relieve the Company or the olty of the necesslt)' of oomplying with the law governing uid permitting requirements, oondlUons, wrms, or r~triotion •• 1~. Durattatt ()f Permits, The Company acknOWledges that this ~gr.ement does not Ol'Jenu the dur.tion of any permit,; or appNvals. 13. Law GoverlLing D<l'elopment of the Property. Tno ordinanoes. policies and procedures ofth'e City of S'outb.MiE!111i ooncorhlng development of the property that are!n "'.tenee .s <If the Effecti" .. Date of (llis agroolllent shal! govern tbe dev~lopmont of ilie property for th, dmation oftho term of this agreement No s\lbsequontly adopted ordinanoes, policies, or procedures shell apply to tho property except in =rdaace with'the pl'ovisiotls of se~tion 163.3233 (2), Florida Statutes, ~nd Orai_ce No. 05-Q5-1827, as 1t1fached. 14. Termination. This agreement may b. terminated by mutual written consent of the oity and ComplUl)" -subJeot to the ~'mB "",d conditions herein. Either party _may t"minete this MIAMI l293183.3 76813129325 - i, ,. EXHIBIT "2" I I. I' . Agre~ment jf tb.6 other perty commits or J,!lOWI ill· b~ ~ommitted any m~terlai bre.noll ~f this ~oment, A "metoda! bm\l:b" of this Agreement shall InC:lv~e, but not ho limit~d to" a faUuro 'Qf either pruiy to perform any material ooty or obligation Oil it, part for :my thirty (30) cons~outlve day period. Neither party may totmill$ this Agreernl)!lt on grounds ofma1m breach afthls A!lI'~ement unless It has provided written notice 10 the other party of Its intention to d.olare a breach .and to termlnate this Agreement (tin. "Notice to Terminate") and the breacJringparty thcri'after fails to cure .or lake steps to substantially cure the breach within sixty (60) days following the receipt of such NotiCe to Terminate, with the exception of 1I1One.1ary breaches which .hall be cured within thirty 00) days after reeelpt arnotice. ~5, Assignment. This Agre~ment ma~ not bo MS~ed \1y the ComplUl)l eKc~pl to an .ftili~ted elldty, 'Wltl\Q~t the prior written consent of the ell;)', Subject to ti,e preoedlns sentence this Agreement shall "be binding upon the suo¢essol'8, migns. end repretentatives of the pal'lies .hmto, An I!fllilated entity Is an entlty of which South Miami CorpordcCl! or a maJority of its ihareholdors, directly.or indirectly own. an ... t 51% ofthe beneficial interest. 16.. Work Force. The Company agrees to ",. its hem eff<lrts to enhance job Oppotlunities fOJ" 10001 citizens in conneotlon with tit. projeot. TD that -end and in order to maxitn\,..e job , opportunities for applicants from South Miami. d,e Company ,hall """a notice to the Community Redevelopment Agency Director oftb. City of South Miami. or a $tlhstitute designee by the City Manager, regurding employment opportunities related to auy (I) oonstruQrion work on ilie Property, .(2) temporary or p~~mll1\cnt maiatenancework on Ihe Prop.,'!),. or (3) propcsuI!i for leasing of retail space or cmploym~nt cppoliuni1les associated wl~hnt~U spaoe loea1ed On the l'ro~rly. 17. Joint Prepal'QUon, 'fh16 Agr~ement h~ been drafted with th. ~art!· • .tp4tI01\ of the oity and Company !\1ld their c<>u~l, and shall fie! be ~onstrued against any party on a~oount 'of draftsmanship. 18. nIndlttg Affect. The burdens of thiB Agreement shall be bindlng upon, andtl)e benefits of this ag",ement shall inure 11:>, all successor, il.\ interest to the parties oftbi' ngr<:emen(, 19, Cnptions.andHeadiugs. Pa1'8graph headings ate for convenien<;:e on·ly "nil. shall not b~ used to con,true or inte!t>ret1his Agreement. 20, Applicable Laws. JUl'i,ctlcfloll, 311d Venue. This Agr~ement shan be governed by and interpreted, eonslrued, and enforced in accol'danee with the intemal taws of Florida without regeN! 10 principle, of oonfllcts of Jaw. This agreement may be enforced as prol'ided in Section 163.3243. Florid~ Stntut~, Venue for any Iltlgation p6rta!nln~ to the sUbJ~et matter her~of snaIl be MIAMI 3293183 .3 7GB t3129325 6 I EXHIBIT "2" I, .)[clu&ively In Miami-Dade County Florida. Zl. Enfo~llCJI)ent In lilly titigation arising out ofthi$ agreement, the ·prevailing party shall be entitled to recover if< COOlS and attorneys fees, Attorney'. fees payable under this paragraph shall not exceed 25% of the amount of damages Awarded to !be prevailing party and' no party shan be Imlltled to pm-judgment interest In any .injunctiv~ or otlwr action not sooking damages under this paragraph, legal fees may be awarded in the diSQretion oftb. ootnt, but shall be reasonable RnQ shall Dol exceed an hourly rate of$300.00 lX'l' hour, 22. Inspeclion. Nothing in this Agreement 'han be oonslrued to waive or limit the C'II)", governlnental authority as a municipal corper.tion anti jloliticru silbdh:ision of the State of Florida. Th~ Company thmfull! unael'Slands llod ag:re,! tbaUby offici&! inspector ofllle Olt)! ofSo~jh M,am~ or Its "!!@nta duly sumoriud, have tho right to enter, Inspect aud invesrigate all actlvlt!es on the premises to detel'tnln~ whlthet tho Propert)' oompilos with 'applloable laws in~luding \lUI not Jimlieclto hnild\ng anti zoning tegulatiOD> and thecoltditions horeill. 23. Aurnorl7,ation to Withhold Pormits .nd. Ill$pcctions. L~ the ovent tho Company is obligated to ~,akepayments Of :improvements nndar the terms of this Agre.oment ftlld such paymonts are not made as required, Of1lUCh tmp,·ovement. are not made as required, in addition to allY other remedies available, the City of South Miami Is hereby authorized ~ ... 1thbo1d Any further pel'JUits on the portion of the Property llrlIing 1<l comply with tbis Develop'!ller¢ Agreement, and l'efusenny inspectiOnH 01' gralltony approvals, with regard to that portlpn of the Properly until such time this DeYelopment Agroem.n( is complied with. Z4. Represelltations of tJle Company. The Company repf'<Iaenta to tho City as fotlows: (a) Th. e~ecutjoll, delivery alld 'p,rformanc~ aftnis Agreement MId ,11 otber Il\strument~ :md agreements .xeouted [(1 connection with this Agt.eement. ·have beon properly autbodzecl .bl' 1he Compauy and dQ .not "cquit'c furthOlf\l'>ptOVai byCompany. (b) Tl,is Agreemont bas been properly executed, alld .constitutes ·ConlpAIlY'S l0ti,l, v~lld I!lld l>illding obligatiolls, enforo-.... ble against Company in nCC6rd an"" with its t~rlUs. (0) Thore~J:. no actions, suit, or proceedings pendIng or threate1led .galnst 0" affecting Company before .ny court or gov,nunenllli agency ~hat would in I\IlY material way affect Companys .bility to perfOl'n1 this Agreement (0) Company .sh~1I not act in OIly way whatsoever, dirootl)' or .indirectl)', to C~Ule this Agreemenl to be am~nded, modified, ctulCoe.led, or tenn !nated, except pursuant to its express terms, and MIAMI 3293183.3 76613 I29n~ 7 .' . , EXHIBIT "2" shall tak6 aU llQt!otla ne~ssal)' 10 ensure that Ihl& Azreem~n! sh~11 remain In full (orO$ and ~ffeol at a\l times, (0) Company hu the fiDanci~1 c.pacity to l"~ or advance to th Cit)' aU fee, and payments as required U1ld~r this Agreement. 25. Severahility. In the evenl that any of the COVeIl<U1lB, agreements, terms, or provisions contained in this agreement shall be invalid, illegal, or unemoroeable in .eny res.peet, the validity of the lemaining COYe1l1!lilB, agreements, tenns, or provisions contained herein ,haJi be il1110 way !lffecred, prejudioed, or disturbed thereby, 2G. Waivers. No faHura Ol' delay by Company Qr the City to ineM ap.on the striot perfOl'111~noe of My o~venant, agreement, term or oondltlon ofthis Agreement, or 10 eKercise any rIght or remedy oons~qu.nt upon tho breach thereof, ehdl constItute a waiver of ~ny luolt breaon 'or any subsequent brea.ch of suoh oovenan~ tgr •• m.n~ E¢nn ~r cDI)ditl~n. No ""vonan!, tgreemQn1, !(tIm, or condftion of tllts Agreement ",:,d no breaoh thereof shell be waived, ~lt.red or modified .).:"ept by written mstmment, No waiver of any breach shall off""t or alter this Agreement, bllt each .nd every covcnsllt, agr •• ment, tenn .and condition of this Agreement ',hall continue in fuIl force and e£foot with respect to any other .then existing or sohsequellt breach thereof. n Annual Report aud :Review, It shall b. tho responsibility of the Company to submit au annual report to the C"dy r;uffieient to fulfill the requirelllenlll <IS stated in the plx>vlslons ~f Section 163.3Z3S, Florida ScatulDs, and Ordinance No, OS-QS-ZOOS. This agreement ,hail be revi~wed annually 00 the annivet~ary ofllte Effectlve Date ofthls Agr~~m.nt. Th~ Compan)"orlts assign, shall S\1bmlj ~n anuuill r~port at least 30 da)'s prior 10 tbu1UlUa1 m'iew da\jj foIlowlng the lim arumal report submItted in 2.0 12 whloh ,h.1I be filed 30 deYI fbllowlng 1he exocutJon o( this Al\\end~d P~velQpmenl Agreement, if nolalready .Iubmltted. AU annual report! shall oOlllaln a seotlon.by-seotlon listing of what obligations hnl'e been met and the date finalized, as sooe! fui(hcompllance with the ieI'm, of tn~ agreement, The oity Domm13sfon shall review the annual 1'''PDrt at a public meeting., If the City Commission finds, Oll the basis of substantial 'competent evidence, that iliel'6 has been a f.alJure to oomp'ly with 14e torOls of t\leAgreemenl, the Agraelnent l\lOy bo revoked or mpdified 'by the City. The obligution to submit an annual report sholl oonclude UPOll the date O<t which the r,gre.ement .i~ termioated, MlAMI3293183.376SlJ/293Z5 8 " EXHIBIT 'ze, following: NofJ~. Any notiC".s or repbr'.e required by this Agreement shall be 51nlio thl Forth. Cityl Copy to, Forthe Oompanl't Copy tol City Mau ager City of South Miami {i 13 0 Sunset Drive South Miami, Florida 33143 Planning Director .Planning IUld ZQn1ng Department C!(y of South Miami 6130 Suns.! Drive South Miami. Florida 33143 South MlIlll\J Corporation Attn: Bruoe W, MacArthur, C~all'111an of the Bam! '5750 SunselDrlve South MiIlJlll, Florid. 33143 And N.dine Heidrich ChiefP,illRIlCW 00= Wirtz C~I:porllti"n 680 N, L'ke Shore Prive Suite 1900 Chicngo,.Ulinois 6061 J JerI')' II. Proctor, Esq. :BHtin Sumborg Baona Prici & Axelrod LLP 1450 lBrlokell Ave., Suite 2300 Miami, Florida ~3131-34S6 29. Exhibiu. AIl eJ'hlbits attached hereto contain addititmal tenns Gf this Agre~lIleilt and are incorporated herein by referenv.>. :>0. Amendment Thi. Agreement may be amended by mutua) wl'itt~l1 cor.sellt Df tho city an,l Cornp~ny so iong as the amendment meets the r.equireroentB.of the act, applicable oit/, ordinance. and FloJ'ida l~w, 31. Entire agroeemcnt,. 'TIli$ Agreement repre,.nts the·entire agreement and no prior .or present agreements or rep~ootatiDns shall be binding upon B(ther lhe city or Con\pany, uiliess speoltlcally 'inoD!'jfOrated berein by reference, wh.th~r suell prior present agreements b~ v.e been mede orafly or in writing. Baoh po.rty afJinnatl"oly ""prese"t, th.1 no promiso, hav.ll .. n mod. ·to U'al porty MIAMI 3293183,3 76813/29325 9 "2" I ~ I' I I I , . EXHIBIT "2" [ that al'e not con'alnod In thIs Agrooment, ,~nQ tho Elcl\fbiii, and stipulate!, that no evidence of any promisee not QOllt.llnea III Ihls Agreement, wd IDe ExhibIt!, shall be admitted Into evidence on itl behalf, This Agreement sha.lI not be sup~lemented, ant.nded Dt mOOif'llld by any course of de.lin~, Mill". of performance or UB"" of 1rade 'and may only be ametlded or mooifiod hy ,a wl'itten lr.strument duly exeouted by officers of '!loth parties, 32, Third party SOIIeflciary. This Agroemont iB exolusiv.ly for the benelll.of the parties hereto and their Affiliates 8I1d it may not be enfol'Oed by lUly parIy oilier th8~ the parties to this Agreement and shall 'Dol give doom liability to any third party other than tile authorized sucoessors and assign, ofih. partie. hor~tQ, 33. P~riod. &f TIme. Whonever ~I)y determination i. to be made ~I' aotion i. to 1>1> take!1 On h dale> .pecified in this A~ment, if suoh dut~ sball taU on a Saturday, 'Sunliay cr iege.! holiday, 'then In such ev~nt said datuhali be exteodelito the next day whtoh is U0t 'R Satur;1R~, Sund,y OIlegt! holldRY, 34. CDuuwpruie, Thi. Agreement may be executed (lucludin'g by facsimile) in one or more counterparts, and by tho dliferent parties hereto in separate (IOunterparts, each of which when executed shall be deemed to be an origin.l'but all of which t.ken tog~ .hall oonstitute one and the same agreement. 35. Recordation, Withill 20 days after the Amonded Dove\opment Agreement h .. boon signed by both t~. Compnny and the City, the City shall cau"" .. COpy of the Amended Development Agl'eement to be recorded at the City's expense in the registry of,de~d. in Miami·D.d~ County. 36. Abandonment of RighI-of-Way. Th. Cit/' agrees to ~bf,ndon th~ l'isbt-of·w~y adjl\Cent \0 the prQpel't)' to the buildable line. The Compa~~ sha'1l c.ont~mporllt1eousl)' grant till~e City an easement fioln the rlght-of·way adjaeentto the pr.aperty te the buildable line for all future needl of ilia City, to en~ure that the proposed structure does not Interfet'e witll the Ci\y':gfuture needs; any pel'lnMon! stl'llcture 1>xtend!ng out over the City's easement "hall prmide the City with clenr.!) •• as provided in the Hometown Overlay District'ln tbe Lana Development Cede (l O-l'llet minimum). PASSEl> AND DULY ADOl'TEU by the City Commissioncl South Minlll~ Florida, this 4th day of Dee em bel; 2012, MlAMI32931~3.316B13/29325 10 , " " EXHIBIT "2" I • AGREEDTOthi.&.daY~f~ ,2012, Witnesses: rYitJT1f14 X . PI.U;lK-- P.1'lntName STATE OF ILLINOIS ) ) SS: COUNTY OF COOJ<. __ _ ) \ SOUT MIAMI CORl'ORATlON . rerideni ,; I'\~ Thl> foregoing inrtrument was ookn~wlectge\l befbt:} me this I ?J TI~ da)lof !.It: ~ '" '«l. ¥>,l'til" :!1-2012, by ow , 1(1)\:'LWI!!\)..\t(Il,;\H~ Is personally known to me or produoed lIS Identifioation,. My Commission Expires: MlAMl 3293183.3 ?68l3!Z9m Sign Name: ~~<...' ~ \,J......J'-..--" Print Name: Y{}iTIDif,\ .~ . ~,~(I::i-\ NOTARY:PUBLIC Serial No .. (none, ifblank): _____ _ [NOTARfALSEAL] 11 i, I .~ .. ' EXHIBIT "2" Lots.5, 7, B., ~, 40, 41, 42, 43, H, 45, 53, 54, 55, ·SG,. $7, ss, 5.9, 6C, 61, '&2, 63, 64, 65, 65., and tna llast 50 feet of Lot.s &l a.nci Sl o.f Ii .11. Latkin& SulxWrbion. a¢oo~d;i.n9 ~o tha !>let tllereotreoorded in Plat Sook 3 at P.ge 1 ~ 8 Qf ·t~a Publit:! R$oor~s of Miam1-Dade county .. Florida. - • ,' •.•..•.•.. !.~ "',"to,,>!, •• ' ~:';';t:·r.: ~: ~ , .• ·,f.~ :.' •• ~,:.,,_, • ~ .' .~~ ', .. , " ',"'1 , _. H •• ~ . ,." . " EXHISIT"A" , ' , \;>"'.,~ • I, 't •• ' , ",', ~.. "'i _, '" '" ._ . , ' .. , .. EXHIBIT "2" , ORDlNANCEHO, 0;.0-5.'527 AN ORllrNANCE OF THE MAYOn AND CITY 'COMMlS8[ON OJ!' TEm CITY , qF SOur:a: MlAMl, FLORIDA ADOl1'TING A PJ!;V$J:..OPMENT AWEM:E!o."): PURSUANT TO FLORlDA STATE STATUI!. U!.3l11. li'Q'R. A DNlFi1'lD DEVELOPlI1EI'IT l"lWIECl' KNOWN AS "Pl<OJ'Ecr SONSW' wmca WILL lNCL'ODE TBltEE J3.lllLDnros UP TO FOUR (4) S'rQ1!ll!'S IN ElUG:e:T A..~'D THE FOLLOWING USESI lQ8 MAlLTI·FAMILY RESlDENTIA,L Wlrrs, RETAlL USES, OFFICE USES, [ESTAOlUNTS, J!j,J(K AND PARK1NO GARAGES; ALL FOlll'lIDl'lmTI:' )""OCATED GENERALLY AT S75'G SUNSET DRIVE AN!> L:&GALLY DESCRlllED' AS .LO'tS 6 TI:llI.l1 9. 40. TRRU 45 •. $3 THRU 65 lNC!..USIYE AND TBlll 'lM.8r .0 Jl'RETOF LOTS Sf. A.ND 51 OF W. A. LARKlNS StmDIYISlON ACCORD'ING TO TllE 1'LAl' Tl!ERE(i)l1 UC01U)I!lD !.N PLA.T BOOK 3 AT I.'AGE 19~ OF 'l'lm l''OBL1C ltSCO·RIl.S Oll' MIAMI·DAn!& COtlNTYl PR()VIDlNG ttO'a ,SEYEIWllUTY, PlWvmruG !/O,1l GlWllfANCES IN CONFLrcrl t\;.~ :nOVlDING AN EFFECT(VE 'PATE 'ii'ItElUMS, in ~s thl ~b. Mleml C01po."I.I:Io~ II re.questlo, ApproVal 'of·. D~vclcl'lU~1 A.gr¢ement !\It .·4,$ am ~~,O;!1l!rlfiO;! d"".lapmont tob~ ()<lled "l'rojco\ S"",ot" whlch 1IIlll 'tn.tude l toW: Of lOB dw.UilI~ WJJto ,nd £7~~1 ,~!bet ofcommorc!al Gp""".n propeny 10eat<4 ~rnlly at 515Q Suns"t Pd •• and legalfyd"'orl~<41!!l Lot. G lhru?, 4~ tllru 45, 5;·\AA> 66 in/J\lI)ty, and file MIt 50 reet of Lots 51 ""d 52 ofW. A. Larl:lns subdivi"011 '''",dIn! to the plat tbe<eoi ,ooordell lJ> pl't b"~k 3 at page J 98 of Ih. pubHc =dG ofMmDl·~d, County; and <I- , Wl'tltltEAS, tho ClIyCol1lW!4,ion 1.1 It. M",.h J, .20051lU!e1ing II<Iopted • r •• ol1.l~oo aUowmg two special S"O"l'ti,,", and l!doptad a ",cola! 'U" ""oMIen pen;cllting tho ioootion. oHom 'c'Io\lrt.~W in tho unified iI~".lopmenl; 1UI.<1 WEEll.EAll, tire P'lodda Local Government ·D~velopt!".nt .. ~ A.t, ,or forth in ',ectloo, l.(i'3,3220.1.63J243~ Florida S!aIU!e;,.1'",vlde, ror 11). el> .. utI~n ordo~clopl11",d :ogrOOll1O'.l.t, to iwJro that tho low and regulatiOns in efftot 8t tbo tlmeof'lh. execu~on of Ibe dcovelopmen! agr .. me:nt 'hall goyoro ~he deyel~etnt ot·th~ leJ:Ut f9l'1b~.dUTtltio!1o Qfthe b.~:::::t~nti ",nd Wlml<.tAB, lb. South Mlaml Corpc~ 'hI! propeQed the exe(!Ujfo~ of • dOl'Il.p~mt 'greeII)llIlt w.W1 !bo CIt)' of South Mlam1 p<>:lalrdnS to tho O!l~,d use projC<lt OllttUo-l "P.roj"'l St:nIet" whioh a~Ol)t would ,ef, forth tU of tho C'lnd!.tIQIU 1Ul~ ~o_tm""'ts requlred: b.~ the CIty 1II1lltlnS from \h~ lPprQl'tI'1orthe !~a1.'OIJptio~ 1n4 !p~It!'\!&.~uU\I; and ,\V8:EltEAB, the Plaunlng Bo",d at • ",e.ting Olt F~b","'Y 22, 200S .fter a publ", re.ring, .dopted a mollon by', 'Vote> of 4 OJ" 1 m.y reo:"nllleod!ng 'p»1'Owl .I"tb~ proposed Developmen! Agree",,,,,! ,ubj""t to 'Pocifiotovisioru:and eondltious, ",bleh hove beeninoluded in ilie draft· agreom,nt: /ll1d WHEREAS', the M'pr snd City ColtL't>i"io;o of the Oity of Sooth Miami d."re to ,cceN the rocommendatloa oflbe Pbnmllg:Board. NOW, TEERErollE, lIE IT OlU'>A1NED BY THE MAYOll; AND THE-cITY COMMIBSWN GJ1TB:& CI1Y OJ." SOUTIl.M1AMI, FLORlDA: SCGtiOl1 1 ~t a. ·P.r:velopment Agret::r.aen4 a'tlathed e.:s Br.!:iibit CI p.:' ~s .e.rnended' Q\Uoing tt) .. M&4h 15. 2005 pullli~ he>rigg U1o1 1l.tod March' S., .005 ~,tw • .,.. ,f.. (:'il; of South )£.;."u,.Florio., IUld tho South-M.1srJ COl1'ora!lon perteinlng tl>.S 4,'; oore propooed EXHIBIT"B" , ,. " EXHIBIT "2" 1llillIod d,mlClpl\lont ~ be Cil1b;l ''l'rcje;\ IlIIIlot" wbl~~ will (:)~!~(\t a lot.! of loa dwtlll."<r1ll\llI L"Id 81,2121q1W'e f;tI of OM"",,,,,!allpaGl on proper\;' !o=ttad "enmlty G1 S150 'SllOS.t !)rlv~ l.~d !.sC!~ dt'cn'botl as LotlS !hru ~,*llr.l45.,! thru 661n.!usIYHlld !ho /:Sst SG IOtt o/Lot> 51 and 5h! W, A. r..rldrui~llbdil'ision acOO<ding to Ihe pll.t thereof '",,01&11 In Plat SOQk 3 'at p.~. 1 ~8 of 'the publi~ ",oord, pfMIo.ml·Pud~ C~ il; Ill>\>fOvod, ' Sention ~ If Bny sactiOll, olause, BaIller-O!l, 01 phrase of ME erdlnRnQ6ls 'fur any leBson h~ld Invaiid or unoQDsfiMionoJ by • QOIL-td ~enl juciBdiotiolt, tbi5 holding .ha1h!O:dfi,ot Ill. "lWtdlty of lb. ramafnfngportlow of lhls ~ . . SeePu~ />.1) orditumoos 1ft pIl1c of • .-dim.1cOS In conillct W'ttli. !he pn",ia;oos' of this ",o1runo. ~ hereby repeaJed. ' S.c~oo 4 This ordin\Ulce m.u .. e:f;I:'octiv. immodi,tel, ti\!lr the .¢>pfion ber¢Of. ra,~a~ \fuf6LlOCK C p- )" Rc.olng-3 /1/0S 2" • OBlling~3/1 Sf 05 OO!4MlSSIONYOtB: MEro< Ruosoll; Yioo Mi>yvr l'ohner: I;o~ wi""",bo: COl)llnis$lQnt:r lli11$-Cooper: ColIlCJlsoionor She"" .~, ~ea Yea Y.,.. te>a Ray I. , . , . '\ • I, Ord. ~o. H·OS.1'S,40 ATl'EST: . ' ,A'ITORNEY EXHIBIT "2" ," day of ~. 2005 Al''PROVBD: CoMMISSlON VOT.E: 1,\l;'(>1l\m$.1l: VI .. Ma~r P.unOI: CoDlIDlJ;,I.w Wi"o!ll~e: Commlot!onu BIrts..coc~ll': CQrnttili:siwer Shorr.! 4.0 lin, abu!'>!: ~e! ~~a "t\<a New wmlins ""d'ri(n~d: warding ro /1, removsa (ndloaled by.tri/";lthrough i, , . ,~ , , I ' \ , ' EXHIBIT EXHIBIT"C" " 2 "~ ; I i' I , . '. • EXHIBIT "2" , .Munlcode Page 1 of l 21M.14 • Co rtlflcateu of occupancy. (A)Certfflr;ote R~qu{rad. Ng land shall be used·or oooupled and. no struoture shall b$ allared, erected, moved, used or channed until a certificate of ocoupancy haB been leaued by the building and zonlna departmenl stating lh~1 Ihe struQture oruse{Xlm~lIes with this Code and lhe Building Code. (8) Pro~adur&s. (1) A oertifi""t~ ofoooupanoy shall be Issued only ufieretmslru<)!lon has been .oompleted . and fi~allhspeo!ion'llEive been conduoted and appJVVe(l. . (2) A oortlfloate-ofoocupanoy shall be Issued within teA (10) working daye after oomph.tlon of (;Qmmuotlon of Buch stru~ture, s~bJeci to; (a) lnspeollon bylhe bullcllng offlclil to de\ermlne compilanoQ with ill applloable prov\tlons of thle Oodei an~ ~b) Compliance wltf\ the Building C~tie and 1111 other applloable regulatlo~a. (3) In the I'1'8ntofa qu~,Uon cQnoemlt1Q the legallty'of II U$6, Ihe dll'eQior may require affidavits a~ 6uoh other Information as deemeil nl!¢essary bafore luuance o( a certificate of occupancy. (4) A rBcord of all oerfiflcates of occupanoy shell be kept 01\ file. In the bulldfng and zoning department. EXHIS:IT "D" bttp:lllibrl!1}'.munic~d",cDmjprint.aspx?h..o&cliontlD=12667&HTMRequest~http%3a%2f... 12120/2012 " 20·7.30· U.nlty of Title requlr&d. EXHIBIT "2" OR ~l< 2,·S·f:H)7 PG 0887 LAST PAG·E; Page loft (A) A Unity ofTltle, a~ setfort~ In Seotlon 20-5,16, Is required for all plalted lots In any development pr~Jeotwlthfn the HD Ifeny ~I the following conalUons exist: (i) If a oevelopment prof;Ict Is to be built on two ·(2) or more abutting platted 101sj (2) If the permitted deneity ola development proJeci Is ba&ed ~pon .the averaging of two (2) or more plaited lois either abutilng or looated on1he cppcslle sIdes of a pUblio 'rl9hl -Qf-way or aUey; (3) If the. required pa®ng for a.devalopme~t proje.1 Is bOated on a lot otherthan on the site wMlch Is generaUn9 the raqulreo :parklng. (on:t, 110. 2H.9·lm, § 4, lHHP; OrrJ,NQ, 05·07·j9M, § j, 2·~o-07; Olr/. NQ. '2o-1o-~O~O, § 2, H.W http://libr!l!)',mUllicode,com!pdnt.a.plt 7h:&clier,tlD;!.2667 &HTMRlolquest=bttp%3 a%2f... 1.2/2012012 , EXHIBIT eM'unlcode Page 1 of 1 20-5.14· C~ rtlf1cates of ocoupancy, (A) Certificate Requfrod. No land shall be used or occupied and no structure shall be altered, erected, moved, used or changed until a oartffloate of occupancy has been Issued by the bulldtng and zoning depertm~nt stating thai the &Irucrt~re or use compiles with this Code and Ihe Building Code. (B) ProO<>OUr08. (1) A oortlfioata of occupancy shall be Issued only after construction has been completed and finallnspeoliohs have been conducled and approved. (2) A cartifioale of oooupanoy shall be Issued within ten (iO) working days efter COmpletion of construction of such slructure, subject to: (a) Inspeotlon by the building Qft10lal to' determine compllanoe with ail applicable provisions ofthle Code: aod (b) Compliance wllh the Building Code I nd ell other applicable regulations. (3) In Ihe event of a qu~sUon con~mlng the legailly uf a use, the director may require affidavits and such other Information as deemed necessary before Issuance of a cartifloaie of occupan cy. (4) A record of all oertificates of Qcoupanoy shall be kept on file In the building and zoning department. EXHISIT"D" " -.~ .... -.. ~- http://library.municode.comiprint,aspx?h=&c1ientID~12667 &:HTMReque,t=http%3a%2f:.. 12120/20 J 2 12"i I, I \' I Mun!code EXHIBIT "2" OR BK 26507 PG 0887 l_AS'-PAGE Page I of1 20·7.30. Unity t>fTitle required. (A) A Unity 01 11l1e, 3GSQt forth In Section 20·5.16, Is required for all platled lots In any d&l'(;lopment proJeot within the HD If any oi the following eondltlon$ exist: (1) If a development project Is to be bUllion two (2) or more abutting platted lots: (2) If the permitted density of a development proJeolls based upon the averaging 01 two (2) or more platted lots either abutting or located on the opposite sides of a publlo ~ght --of.way or alley; (3) If the required parking for a development project Is located on a lot other than on the site whloh Ie generating the required parking. (On!. No, 23·9V·l~97. § 4. !l·tH.; On!, No, 05-07-1905; § 1, .·.0-07; Ora, No. 2;'10-2Q~O, § 2, ~.7.10l http ,I !library .municod.,comlprint..sp"?h~&clientID~ 12667 &HTMRequesF http%3.%2f". 12/2012012 ORDINANCE NO. 18-05-1840 AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF TlJE CITY oF' SOO'rIi: MUMI, FLORIDA AMENDING THE DEVELOPMENT AGREEMENT ADOPTED AS PART OF ORDINANCE NO. 05-05-1827 WHICH APPROVED TlJE DEVELOPMENT AGREEMENT FOR A UNIFIED DEVELOPMENT PROJECT KNOWN AS "P:ROJECT SUNSET" LOCATED GENERALLY AT 5750 SUNSET DRIVl!: AND LEGALLY DESCRIBED AS LOTS 6THRU 9, 40 THRU 45, 53 THRU 66INCLUSm AND THE EAST 50 FEET OF LOTS 51 AND 52 OF W. A. LARKINS SUBDIVISION ACCORDING TO TlJE PLAT THEREOF RECORDED IN PLAT BOOK 3 AT PAGE 198 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY; TlJE PURPOSE OF THE AMENDMENT IS TO AUTHORIZE TlJE ADMINISTRATION TO PROVIDE A SPECIFIC AMOUNT OF PARK AND OPEN SPAcE CONCURRENCY PAYMENTTOTlJE CITY,AMENDING THE DATE FORPAYMENT,AND ADJUSTING THE PHASING OF TlJE DEVELOPMENT; PROVIDING FOR SEVERABILITY; PROVIDING FOR ORDINANCES IN CONFLICT; AND P:ROVIDING.AN EFFECTIVE DATE WHEREAS, the City Commission ·at its Match 1, 2005 special meeting approved special exceptions to permit "proJect Sunset",R unified mixed use development consisting of residential, office and retail uses generally located at 5750 Sunset Drive; ~nd . WHEREAS, the City Commission at its March 15, 2005 meeting adopted Ordinance No. 05- 05-1827 approving a Development Agreement between the City and the developer, the South Miami Corporation fot Project Sunset; and . .. WHEREAS, Section 4 of the Development Agreement entitled "Use of Property" sets forth it phasing schedule for the development of the project; and WHEREAS, the Administration has now negotiated JUlamended phasing schedule which should reduce the impact of the development program On traffio and parking in the area; aM WIIEREAS, Section 5 (b) of the D.evelopmellt Agreement entitled "Public Facilities Serving the Project" provides a formula for determining the amount and timing of a park an!1 open space cofiC1Jitency paymentto be made by the dev.eloperto the City; and WHEREAS, the Adlninistration has now negotiated a .$pecific amount and revised timing of the park and open space concwrencypayment to be made by the developer to. tIul City; anQ WHEREAs,. the .P1aruUng Board at a special meeting its May 10, 2005 meeting after a pUblic hearing, a!1opted a nlOtion by a vote of 5 aye 0 nay recommending approval of the proposed amendment to the Development A:greemlllit. NOW, THEREFORE, BE IT ORDAINED BY TlJE MAYOR AND TBECITY COMMISSION OF TlJE CITY OF SOUTH I\'IIAMI, FLORIDA: Section 1 .That Section 4 cIltilled ''Use of Property" of the Development Agreement between the City and the South Miami CO!!loration for Prqject Sunset adopted by Ordinance No. 05-05.-1827 at the March 15,2005 City Commission m¢eting, is hereby amended to. read: 4. "Use of Property •. The property described in Exhibit "Pi." is to be utilized for the projetit described. in Exhibit "C": a mixed use residential, o.ffice and retall project with Ii residential use Ord. No. 18-05-1840 1 2 2 3 npt to exceed 108 dwelling units on approximately 4.5 +1-acres. The project will in<;!\Ide 4 "chamfered" comers where it abuts roadway intersections pursuant to Exhibit "C". The occupied 5 space of the project wi11 not exceed four stories or fifty six (56) feet in. height unless otherwise 6 permitted by the South Miami cOmprehensive plan or its lahd develophient regulations. The total of 7 occupied space of the project shall not exceed four stories. Non-occupiedspace shall not exceed a 8 maximum height of fifty six feet. The project shall be built in !we phases. as follows: 9 • Phase I shall consist of Blocks "A"'and"G" "B" described in Exhibit "C". 10 • Phase II shall consist ofBlock"Il" "C" described in Exhibit "C". n -TheColilDany lliay elect to .implement the development plan in one 12 phase 13-The Company may elect to utilize Block "C" as a temporary bank 14 facility with drive-through lanes (not to exceed four lanes) which 15 facility shall be removed upon the issuance of the Certificate of 16 Occupancy for the Bank facility on Block" A" .. 17 18 The overall development. of the property shall be conducted in accordance with the 19 approved site plan on file at the City, (attached and incorporated as Exhibit "e") 20 including elevations, architectural features and estimated commercial square footage 21 pursuant to Section 20.3.-7, of the LDC." 22 23 Section 2 .That Section S(b) entitled "Public Facilities Serving the Project" of the Development 24 Agreement between the City and the South Miami Corporation for Project Sunset adopted by Ordinance 25 No. 05-05-1827 at the March 15, 2005 City Commission meeting, is hereby amended to read: 26 27 5. "Public Facilities Serving the Project 28 29 ****** 30 bl Parks and Recreation 31 Based on tb:e projected residential population on the Property, Company ;l:grees ttl I'll}, fur Sf 32 :rn=eviil@ .8 8@¥@$ eflaua 8:@@@pta@h3 18 the te;itj' mr a fU8li@ )l3flt. fa tfi@ alt@maWi!@, the (J@lliPany 33 may prel/itt@ a "8\t8StittH'@ pa:;ttD@ftt'; has@e 8ft .@'''3v@mg@ sti@8 pris@ .aft8si8em:ial-pf9p@ft:y m 34 the ~. 8\ 8ftftS tMt Y@H. +h,B Q8flliJ8fty's fl8;)msnt _aft_11-8@ Idass6 ill a,Bfl8@itil fmttl fur 8JtSR8iRg 3S '@ft 88Jlltal illl}lf8VSlUSftts .€1 fft(k ana F88n~at:iaft :fa@~@8 m ths why. Th~ }la;,'ftuult.$hall h@ ma-a@ 36 'in, eftS l~ 8~ ,8ft fJf. @@ft1rs a QePllifi@$t@ ef Use. ooa 08~an8y ,is groot'@rj f€u tlls first 37 reoi€le!l!ilif ~ 8ft lftePrel'l@!IIy. to donate p;p,OOO in one lump sum ns its responsibility for 38 meeting park and recreation concurrency. Payment shall be made on or before receipt of 39 the first building perntitand shall include nny interest or. carrying cost Incurred by the 40 CityuntiI receipt of the payment." 41 42 43 Section 3 Uany section, clause, sentence, or phrase of this orclinanct) is for any reason held invalid or 44 unconstitutional by a contt of 9Ompetentjurisdiction, this holding shall not affect the validity of the 45 remaining portions of this ordinance. 46 47 Section 4 All ordinances or parts of ordinances in conflict with the provisions of this ordinance are 48 hereby repealed. 49 Ord. No. 18-05-1840 Section 5 This ordinance shall be effective immediately after the adoption hereof. PASSED AND ADOPTED this Itf-rJr ATTEST: dayof ~,2005 APPROVED: COMMISSION VOTE: Mayor RuSsell: Vice Mayor Palmer: Commissioner Wiscombe: Co.mmissioner Birts-Cooper: Comtnissioner shetar New wording underlined; wording to be removed indicated by strikethrough \ IMCGRTJl1F1PLANNIl\TGlComm ltems\2Q05\6-7-QSID~velopment AiV\lement Project S1m,.t Ord,doc 3 4-0 YEOa absent YEOa YEOa YEOa ORDINANCE NO. 28-12-2144 An Ordinance amending the development agreement originally adopted by Ordinance No. 05-05-1827 and amended by Ordinance No. 18-05-1840 concerning the project known as "Project Sunset" and located generally at 5750 Sunset Drive, for the purpose of clarifying the effective date of the agreement and term of agreement. WHEREAS, the City Commission at its March 1, 2005 special meeting approved special exceptions to permit "Project Sunset", a unified mixed use development consisting of residential, office and retail uses generally located at 5750 Sunset Drive and legally described as Lots 6 thru 9, 40 thru 45, 53 thru 66 and the east 50 feet of Lots 51 and 52 of W.A. Larkins Subdivision according to the plat thereof recorded in Plat Book 3 at page 198 of the public records of Miami- Dade County; and WHEREAS, the City Commission at its March 15,2005 meeting adopted Ordinance No. 05-05-1827 approving a Development Agreement between the City and the developer, the South Miami Corporation for Project Sunset; and WHEREAS, Section 4 of the Development Agreement entitled "Use of Property" sets forth a phasing schedule for the development of the project; and WHEREAS, the Administration negotiated an amended phasing schedule intended to reduce the impact of the development program on traffic and parking in the area; and WHEREAS, Section 5 (b) of the Development Agreement entitled "Public Facilities Serving the Project" provides a formula for determining the amount and timing of a park and open space concurrency payment to be made by the developer to the City; and WHEREAS, the Administration negotiated a specific amount and revised timing of the park and open space concurrency payment to be made by the developer to the City; and WHEREAS, the Planning Board at a special meeting its May 1 0, 2005 meeting after a public hearing, adopted a motion by a vote of 5 aye 0 nay recommending approval of the amendment to the Development Agreement; and WHEREAS, the City Commission at its June 14,2005 meeting adopted Ordinance No. 18-05-1840 approving the amendment to the Development Agreement between the City and the developer, South Miami Corporation, for Project Sunset; and WHEREAS, the City Commission has concerns as to the effective date of the Development Agreement and the term of the Agreement. Page 1 of2 Ord. No. 28-12-2144 NOW, THEREFORE, IT IS HEREBY ORDAINED BY THE MAYOR AND THE CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1 .The Development Agreement between the City and the South Miami Corporation for Project Sunset, originally adopted by Ordinance No. 05-05-1827 on March 15, 2005 and later amended on June 14, 2005 by the City Commission, is hereby further amended as set forth in the attached Amended Development Agreement. Section 2. Severability. If any section, clause, sentence, or phrase of this ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, this holding shall not affect the validity of the remaining portions of this ordinance. Section 3. Effective Date. This ordinance shall become effective upon enacted. PASSED AND ENACTED this 4th day of December, 2012. ATTEST: APPROVED: !ZW!tf~ MAYOR COMMISSION VOTE: 5-0 Mayor Stoddard: Yea Vice Mayor Liebman: Yea Commissioner Newman: Yea Commissioner Harris: Yea Commissioner Welsh: Yea Page 2 of2 RESOLUTION NO. 31-05-12010 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, RELATING TO A REQUEST PURSUANT TO SECTION 20-7.51 OF THE LAND DEVELOPMENT CODE FOR SPECIAL EXCEPTIONS FOR "PROJECT SUNSET" A UNIFIED DEVELOPMENT PROJECT IN THE "SR(HD-OV)" SPECIALITY RETAIL (HOMETOWN DISTRICT OVERLAy) ZONING DISTRICT TO PERMIT: (1) A SPECIAL EXCEPTION TO SECTIONS 20-7.7B AND 20-7.9B IN ORDER TO ALLOW A TOTAL LOT COVERAGE OF 72.29% OR 139,435 SQUARE FEET WHICH EXCEEDS THE MAXIMUM 60% LOT COVERAGE AND 60,000 SQUARE FEET; (2) A SPECIAL EXCEPTION TO SECTION 20- 7.9B TO ALLOW FOUR (4) BANK DRIVE-TBRU LANES WHICH EXCEED THE MAXIMUM PERMITTED TWO (2) BANK DRIVE-TBRU LANES; ALL FOR PROPERTY GENERALLY LOCATED AT 5750 SUNSET DRIVE AND LEGALLY DESCRIBED AS LOTS 6 TBRU 9, 40 TBRU 45, 53 TBRU 66 INCLUSIVE AND THE EAST 50 FEET OF LOTS 51 AND 52 OF W. A. LARKINS SUBDIVISION ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 3 AT PAGE 198 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY; PROVIDING FOE SEVERABILITY; PROVIDING FOR ORDINANCES IN CONFLICT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the, South Miami Corporation, has submitted Application No. PB-05-00l requesting approval to construct a unified development in the SRCHD-OV) zoning district. on property as legally described above, said project includes three mixed use buildings with the following total land uses: 108 dwelling units; 87,212 square feet of connnercial space (retail, offices, bank, restaurants; and 649 parking spaces; and WHEREAS, the applicant is requesting a special exception to allow an overall lot coverage (three blocks) of 139,435 square feet which is 72.29% of the total site which exceeds. the Hometown Overlay District regulating graphic plan (Sec.20-7.9B) which limits lot coverage to 60% and the amount of lot coverage square footage to 20,000 sq. ft. per building; and WHEREAS, the applicant is requesting a special exception to allow for four lanes of drive- through tellers as part of its new bank facility located on the ground floor level in the Block "A" development which exceeds the Hometown Overlay District regulating graphic plan (Sec.20-7.9B) which allows for no more than two drive though facilities on downtown side streets; and , WHEREAS, a special exception request in the Hometown Overlay District requires the Plsnning Board's recommendation and approval by the City Commission; and WHEREAS, after review and consideration, the Plsnning Department reconnnended approval of the application with conditions; and WHEREAS, on February 22, 2005 the PIsnning Board after public hearing voted 5 ayes 0 nays to recommend approval with specific conditions; and WHEREAS, the City Commission desires to accept the recommendation of the PIsnning Board and enact the aforesaid resolution. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MlAMI, FLORIDA: Section 1. The City has determined that the proposed development project advances the economic development of the City and is compatible with land use, density, and design criteria established for the Pg. 2 of Res. No. 31-05-12010 Hometown District, as set forth in LDC Sec.20-7.5l, which includes seven criteria necessary for approving special exceptions: (1) The proposed development contributes to, promotes and encourages the improvement of the Hometown District and catalyzes· other development as envisioned in the Hometown District regulations. (2) The proposed development is compatible with the land uses and development intensities prescribed by all applicable city regulations. (3) The proposed development must possess integrity of design compatible with the design criteria established for the Hometown District and with the overall image of the city. (4) The proposed development shall be designed in a manner that provides for effective management of traffic (vehicular and pedestrian), parking, lighting, noise and waste generated by the development, and management of the impacts of the development public facilities and services. (5) The proposed development does not expand the permitted uses within the Hometown District. (6) The proposed development will not have an unfavorable effect on the economy of the City of South Miami. (7) The proposed development, when considered cumulatively with other development, both present and future, within the Hometown District, will not create excessive overcrowding or concentration of people or population. Section 2. That the subject application submitted by the South Miami Corporation, requesting a special exception to allow an overall lot coverage (three blocks) of 139,435 square feet which is 72.29% of the total site which exceeds the Hometown Overlay District regulating graphic plan (Sec.20-7.9B) which limits lot coverage to 60% and the amount oflot coverage square footage to 20,000 sq. ft. per building, is hereby approved subject to conditions set forth in Section 4 below. Section 3 That the subject application submitted by the South Miami Corporation requesting a special exception to allow for four lanes of drive-through tellers as part of its new bank facility located on the ground floor level in the Block "A" development which exceeds the Hometown Overlay District regulating graphic plan (Sec.20-7.9B) which allows for no more than two drive though facilities on downtown side streets, is hereby approved subject to conditions set forth in Section 4 below Section 4. The special exception application is approved subject to the following conditions: • The applicant must agree that all street, sidewalk and street furniture improvements must be consistent with the design and material specifications as set forth by the City in its downtown street improvement program. • The parking lot driveway for Block Con SW 58 Avenue should be eliminated or modified to be limited to a right tum out and right tum in only. Pg. 3 of res. No. 31-05-12010 Section 5. This resolution shall be effective immediately after the adoption hereof. PASSED AND ADOPTED this /4, day of Mti40lt 2005. ATTEST: APPROVED: ~p. Mf~ Commission Vote: 5 -0 READ AND APPROVED AS TO FORM: Mayor Russell: Yea Vice Mayor Palmer Yea Commissioner Wiscombe: Yea Commissioner Birts-Cooper Yea Commissioner Sherar: Yea I\MCGRUFFIPLANN!NGICorrun ltems\200513-I-05ISpeciaI Exception SM Bank Project Resolution.doc