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5aTHE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM To: The Honorable Mayor & Members of the City Commission To: Steven Alexander, City Manager DATE: June 16, 2015 Agenda Item No.: 5(eL) FROM: Dwayne Williams, Director of Planning 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 #31-05-12010) 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 amendment consisted of two (2) changes to the development agreement. The first change was to the phasing of the project which can be found in Section 4 titled "Use of Property." The second change was to Section 5(b), entitled "Public Facilities Serving the Project." This change modified the projects responsibility in meeting park and recreation concurrency. While construction of the project has not yet commenced, the developer did initiate a process to change the project site plan, the special exceptions granted, and the Development Agreement itself in 2008. However, the developer did notify the City that the proposed changes have been put on hold. The Development Agreement, although adopted by the City in March 2005, was not signed (executed) by both parties until December 26, 2007. 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" of the backup material. South Miami Corporation Annual Report -5750 Sunset Drive June 16, 2015 Page 2 of 3 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. At the June 2, 2015 City Commission meeting; a motion to defer the South Miami Development Corporation Annual Report passed by 5-0 pending a resubmission of a full section by section report to the Commissioners. The annual report must be reviewed by the City Commission at a public meeting, where they may accept the report. RECOMMENDATION: The submitted report is in compliance with the terms ofthe 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 Z: \Commission Items\201S\06-16-1S\South Miami Development AgreemenCCM 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 Sllllset" located at 5750 Sllllset Drive, which project is a llllified development covering 1-Yz blocks (4.5 acres) in the Hometown District and includes 108 residentialllllits 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 armual report 30 days before the armiversary 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 revised armual report submitted to the Plarming & Zoning Department on Jlllle 9, 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 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. 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 Sllllset" located at 5750 Sllllset Drive as required by Section 27 of the Development Agreement, a copy of which is attached, 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 ATTEST: APPROVED: 2 3 CITY CLERK MAYOR 4 5 READ AND APPROVED AS TO FORM, COMMISSION VOTE: 6 LANGUAGE, LEGALITY AND Mayor Stoddard: 7 EXECUTION THEREOF Vice Mayor Harris: 8 Commissioner Liebman: 9 Commissioner Welsh: 10 Commissioner Edmond: 11 CITY ATTORNEY 12 ~~ Bilzin Sumberg ATTORNEYS AT LAW Jerry B. Proctor, Esq. Tel 305.350.2361 • Fax 305.351.2250 jproctor@bilzin.com June 9,2015 REVISED Mr. Dwayne Williams Planning Director City of South Miami 6130 Sunset Drive South Miami, Florida 33143 Re: South Miami Corporation 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 Dear Mr. Williams: 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, This submittal supplements the earlier submittal dated May 8, 2015 and addresses each clause in the updated Development Agreement. The development contemplated in the Updated Development Agreement, approved by the City Commission has not commenced, As a result, the following commitments remain outstanding and will apply at the time building permit permits from the City are sought: BILZIN SUMBERG BAENA PRICE & AXELROD LLP MIAMI 462839Q,1 76813/29325 1450 Brickell Avenue, 23rd Floor, Miami, FL 33131-3456 TeI305,374,7580 Fax 305.374,7593 www.bilzin.com Page 2 June 9, 2015 4. Use of the Property. The property described in Exhibit "A" is to be utilized for the project described in Exhibit "C": a mixed use residential, office and retail project with a residential use not to exceed 1 08 dwelling units on approximately 4.5 +/- acres. The project will include "chamfered" corners where it abuts roadway intersections pursuant to Exhibit "C". The occupied space of the project will not exceed four stories or fifty six (56) feet in height unless otherwise permitted by the South Miami comprehensive plan or its land development regulations. The total of occupied space of the project shall not exceed four stories. Non-occupied space shall not exceed a maximum height of fifty six feel. The project shall be built in two phases as follows: • Phase I shall consist of Blocks "A" and "B" described in Exhibit "C". • Phase II shall consist of Block "C" described in Exhibit "C". • The Company may elect to implement the development plan in one phase. • The Company may elect to utilize Block "C" as a temporary bank facility with drive-through lanes (not to exceed four lanes) which facility shall be removed upon the issuance of the Certificate of Occupancy for the Bank facility on Block "A". The overall development of the property shall be conducted in accordance with the approved site plan on file at the City, (attached and incorporated as Exhibit "B") including elevations, architectural features and estimated commercial square footage pursuant to Section 20.3-7, of the LDC. 5. Public Facilities. In order to enhance public facilities in the City of South Miami, the Company agrees to provide the services listed below in compliance with Section 20-4.1 of the LDC, including; (a) Roadways An operational traffic study was conducted by the city and the Company agrees to the recommendations of city staff as set forth in their staff report which recommendations are incorporated herein by reference. (b) Parks and Recreation Based on the projected residential population on the Property, Company agrees to donate $232,000 in one lump sum as its responsibility for meeting park and recreation concurrency. Payment shall be made on or before receipt of the first building permit and shall include any interest or carrying cost incurred by the City until receipt of the paymenl." (c) Sanitary Sewers MIAMI 4628390.1 76813/29325 2 C~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 3 June 9, 2015 Water and Sewer services that comply with all requirements of Miami- Dade County for any building prior to issuance of a final Certificate of Use and Occupancy. (d) Solid Waste Solid Waste services that comply with all requirements of Miami-Dade County for any building prior to issuance of a final Certificate of Use and Occupancy. (e) Schools The Company commits to pay upon the issuance of the initial certificate of occupancy any required Miami-Dade County School Board school impact fees. 6. Concurrency. The City of South Miami has determined that the Company's performance under the Agreement satisfies the concurrency requirements, as delineated in Section 20-4.1, City Code. By execution of this Agreement, the City acknowledges that the application for site plan approval meets all concurrency regulations enumerated in Section 20-4.1 of the City Code, and that the site plan application and this Agreement are consistent with the City Comprehensive Plan and Land Development Regulations. 7. Permits. The permits preliminarily identified as necessary for development of the project are described as follows: (a) Special Exception to permit four drive-through teller lanes within the site. (b) Special Exception to provide 72.2% +/-Iot coverage. (c) Special Use permit to permit up to four restaurants with a maximum total of 13,820+/-square feet with parking to be supplied from any excess parking within the site. Retail and restaurant parking shall be marked and signed. 8. Development Conditions. The following conditions shall apply to the development of the project: (a) The Company shall meet all applicable building codes, land development regulations, ordinances and other laws. (b) The Company shall adhere to the requirements of all permits for the project. (c) The Company shall develop the project in conformance with the parameters set forth in this agreement. MIAMI 4628390.1 76813/29325 3 e.;;, BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 4 June 9, 2015 caps. (d) All development shall be in accord with the site plan submitted with the special exception and special use applications, said site plan incorporated in Exhibit "C". (e) The Company shall provide the Department of Planning with a temporary parking plan, including an operational plan, which addresses construction employee parking during the construction period, said plan shall include an enforcement plan and shall be subject to the review and approval by the planning director prior to the issuance of any building permits and shall be enforced during construction activity. (f) All conditions imposed by the City Commission shall be incorporated in this Development Agreement. (g) Company shall reimburse the City its lost parking revenue from any metered parking spaces adjacent to the Property which it occupies or uses during the construction period. (h) The Company shall donate to a city trust fund $40,000.00 to be used by the city for traffic calming or other traffic mitigation programs within the City of South Miami. This money shall be donated to the City, prior to the issuance of its first building permit. 16. Work Force. The Company agrees to use its best efforts to enhance job opportunities for local citizens in connection with the project. To that end and in order to maximize job opportunities for applicants from South Miami, the Company shall send notice to the Community Redevelopment Agency Director of the City of South Miami, or a substitute designee by the City Manager, regarding employment opportunities related to any (1) construction work on the Property, (2) temporary or permanent maintenance work on the Property, or (3) proposals for leasing of retail space or employment opportunities associated with retail space located on the Property. 36. Abandonment of Right-of-Way. The Company agrees to use its best efforts to enhance job opportunities for local citizens in connection with the project. To that end and in order to maximize job opportunities for applicants from South Miami, the Company shall send notice to the Community Redevelopment Agency Director of the City of South Miami, or a substitute designee by the City Manager, regarding employment opportunities related to any (1) construction work on the Property, (2) temporary or permanent maintenance work on the Property, or (3) proposals for leasing of retail space or employment opportunities associated with retail space located on the Property. In addition, please note the following clauses, and the update following each clause in 1. Incorporation of Recitals. The recitals set forth above are true and correct and are incorporated herein by this reference. THIS CLAUSE IS UNCHANGED. MIAMI 4628390.1 76813/29325 4 e:~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 5 June 9,2015 2. Property. The Company owns the property as described in Exhibit "A". This property is deemed to be one unified parcel and is subject to the unity of title pursuant to the requirements of sections 20-7.30 and 20-5.14 of the City Land Development Code (the "LDC") attached hereto as Exhibit "0". THE COMPANY REMAINS PROPERTY OWNER OF THE LAND DESCRIBED IN EXHIBIT "A". 3. Effective Date; Duration of Agreement. This Agreement shall be effective as of June 14, 2005 (the "Effective Date"), the date that the City passed and adopted a resolution agreeing to the terms and conditions of the first Amended Development Agreement. This Agreement, as currently amended, shall terminate ten years from the Effective Date of this Agreement, unless otherwise extended or terminated as provided for herein or in the act. The maximum period of this agreement shall be ten (10) years from the Effective Date unless extended by mutual consent of all legal and equitable owners of the Property and the city upon approval at a public hearing, as provided in the Act. THE COMPANY SOUGHT AMENDMENT OF THE DEVELOPMENT ORDER, TO EXTEND THE EFFECTIVE DATE, BY APPLICATION IN MAY 2015. THE REQUEST WAS DENIED BY THE CITY COMMISSION ON JUNE 2,2015. 9. Consistency with City of South Miami Comprehensive Plan and Land Development Regulations. The city has adopted a Comprehensive Plan and Land Development Regulations in accordance with Chapter 163, Part II, Florida Statutes. The city finds that the project is consistent with the city's comprehensive plan and the city's land development regulations. The project, a mixed use residential, office and retail development, as set forth herein, is consistent with the "Mixed-Use Commercial/Residential (Four Story)" deSignation on the future land use map, and the HD-OV zoning district on the Official Zoning Atlas of the City of South Miami. Goal 2 of the Future Land Use Element identifies the home town district which consists of the "Hometown District Overlay Zone," as defined in Article VII, sections 20-7.1 through 20-7.52 of the city's land development regulations. THE PROJECT REMAINS CONSISTENT WITH THE COMPREHENSIVE PLAN AND LAND DEVELOPMENT REGULATIONS IN PLACE AT THE EFFECTIVE DATE. 10. Vesting. As long as the development on the Property is in compliance with this Development Agreement, and all applicable laws, ordinances, codes and poliCies in existence on June 14, 2005 as well as other requirements imposed by the City Commission upon the ratification of the site plan approval on the Property, the Property shall not be the subject of a down zoning application by the City and shall not be subject to any development moratorium, referenda action, ordinances, policies, or procedures enacted by the City that limits the development contemplated by this Agreement and depicted in the site plan. Any failure by this Agreement to address a particular permit, condition, term or restriction shall not relieve the Company of the necessity of complying with the law governing said permitting requirements, conditions, terms or restrictions. THERE HAS NOT BEEN DOWNSIZING OF THE PROPERTY OR LIMITATIONS IMPOSED BY THE CITY TO LIMIT THE DEVELOPMENT. MIAMI 4628390.1 76813/29325 5 ('::~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 6 June 9, 2015 11. Permits, Conditions, Terms and Restrictions not Addressed. The failure of this agreement to address a particular permit, condition, term or restriction shall not relieve the Company or the city of the necessity of complying with the law governing said permitting requirements, conditions, terms, or restrictions. THERE HAVE BEEN NO PERMITS, CONSITIONS, TERMS AND RESTRICTIONS THAT HAVE ARISEN THAT ARE NOT IN THE UPDATED DEVELOPMENT AGREEMENT. 12. Duration of Permits. The Company acknowledges that this agreement does not extend the duration of any permits or approvals. THIS ACKNOWLEDGEMENT REMAINS IN EFFECT. 13. Law Governing Development of the Property. The ordinances, policies and procedures of the City of South Miami concerning development of the property that are in existence as of the Effective Date of this agreement shall govern the development of the property for the duration of the term of this agreement. No subsequently adopted ordinances, policies, or procedures shall apply to the property except in accordance with the provisions of section 163.3233 (2), Florida Statutes, and Ordinance No. 05-05-1827, as attached. THIS PROVISION REMAINS IN EFFECT. 14. Termination. This agreement may be terminated by mutual written consent of the city and Company, subject to the terms and conditions herein. Either party may terminate this Agreement if the other party commits or allows to be committed any material breach of this Agreement. A "material breach" of this Agreement shall include, but not be limited to, a failure of either party to perform any material duty or obligation on its part for any thirty (30) consecutive day period. Neither party may terminate this Agreement on grounds of material breach of this Agreement unless it has provided written notice to the other party of its intention to declare a breach and to terminate this Agreement (the "Notice to Terminate") and the breaching party thereafter fails to cure or take steps to substantially cure the breach within sixty (60) days following the receipt of such Notice to Terminate, with the exception of monetary breaches which shall be cured within thirty (30) days after receipt of notice. THERE HAVE BEEN NO ATTEMPTS TO TERMINATE THE AGREEMENT IN THE PAST YEAR. 15. Assignment. This Agreement may not be assigned by the Company except to an affiliated entity, without the prior written consent of the City. Subject to the preceding sentence this Agreement shall be binding upon the successors, assigns, and representatives of the parties hereto. An affiliated entity is an entity of which South Miami Corporation or a majority of its shareholders, directly or indirectly owns at least 51% of the beneficial interest. THERE HAS BEEN NO ASSIGNMENT OF THE AGREEMENT. 17. Joint Preparation. This Agreement has been drafted with the participation of the city and Company and their counsel, and shall not be construed against any party on account of draftsmanship. THERE IS NO CHANGE TO THIS PROVISION. MIAMI 4628390.1 76813/29325 6 e:~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 7 June 9, 2015 18. Binding Effect. The burdens of this Agreement shall be binding upon, and the benefits of this agreement shall inure to, all successors in interest to the parties of this agreement. THERE IS NO CHANGE TO THIS PROVISION. 19. Captions and Headings. Paragraph headings are for convenience only and shall not be used to construe or interpret this Agreement. THERE IS NO CHANGE TO THIS PROVISION. 20. Applicable Laws, Jurisdiction and Venue. This Agreement shall be governed by and interpreted, construed, and enforced in accordance with the internal laws of Florida without regard to principles of conflicts of law. This agreement may be enforced as provided in Section 163.3243, Florida Statutes. Venue for any litigation pertaining to the subject matter hereof shall be exclusively in Miami- Dade County Florida. THERE IS NO CHANGE TO THIS PROVISION. 21. Enforcement. In any litigation arising out of this agreement, the prevailing party shall be entitled to recover its costs and attorneys fees. Attorney's fees payable under this paragraph shall not exceed 25% of the amount of damages awarded to the prevailing party and no party shall be entitled to pre-judgment interest. In any injunctive or other action not seeking damages under this paragraph, legal fees may be awarded in the discretion of the court, but shall be reasonable and shall not exceed an hourly rate of $300.00 per hour. THERE IS NO CHANGE TO THIS PROVISION. 22. Inspection. Nothing in this Agreement shall be construed to waive or limit the City's governmental authority as a municipal corporation and political subdivision of the State of Florida. The Company therefore understands and agrees that any official inspector of the City of South Miami, or its agents duly authorized, have the right to enter, inspect and investigate all activities on the premises to determine whether the Property complies with applicable laws including but not limited to building and zoning regulations and the conditions herein. THERE IS NO CHANGE TO THIS PROVISION. 23. Authorization to Withhold Permits and Inspections. In the event the Company is obligated to make payments or improvements under the terms of this Agreement and such payments are not made as required, or such improvements are not made as required, in addition to any other remedies available, the City of South Miami is hereby authorized to withhold any further permits on the portion of the Property failing to comply with this Development Agreement, and refuse any inspections or grant any approvals, with regard to that portion of the Property until such time this Development Agreement is complied with. THERE IS NO CHANGE TO THIS PROVISION. 24. Representations of the Company. The Company represents to the City as follows: (a) The execution, delivery and performance of this Agreement and all other instruments and agreements executed in connection with this Agreement MIAMI 4628390.1 76813/29325 7 ~~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 8 June 9, 2015 have been properly authorized by the Company and do not require further approval by Company. (b) This Agreement has been properly executed, and constitutes Company's legal, valid and binding obligations, enforceable against Company in accordance with its terms. (c) There are no actions, suits or proceedings pending or threatened against or affecting Company before any court or governmental agency that would in any rnaterial way affect Cornpany's ability to perform this Agreement. (d) Company shall not act in any way whatsoever, directly or indirectly, to cause this Agreement to be arnended, rnodified, canceled, or terrninated, except pursuant to its express terms, and shall take all actions necessary to ensure that this Agreement shall remain in full force and effect at all times. (e) Company has the financial capacity to payor advance to the City all fees and payments as required under this Agreement. THERE IS NO CHANGE TO THIS PROVISION. 25. Severability. In the event that any of the covenants, agreements, terms, or provisions contained in this agreement shall be invalid, illegal, or unenforceable in any respect, the validity of the remaining covenants, agreements, terms, or provisions contained herein shall be in no way affected, prejudiced, or disturbed thereby. THERE IS NO CHANGE TO THIS PROVISION. 26. Waivers. No failure or delay by Company or the City to insist upon the strict performance of any covenant, agreement, term or condition of this Agreement, or to exercise any right or remedy consequent upon the breach thereof, shall constitute a waiver of any such breach or any subsequent breach of such covenant, agreement, term or condition. No covenant, agreement, term, or condition of this Agreement and no breach thereof shall be waived, altered or modified except by written instrument. No waiver of any breach shall affect or alter this Agreement, but each and every covenant, agreement, term and condition of this Agreement shall continue in full force and effect with respect to any other then existing or subsequent breach thereof. THERE IS NO CHANGE TO THIS PROVISION. 27. Annual Report and Review. It shall be the responsibility of the Company to submit an annual report to the City sufficient to fulfill the requirements as stated in the provisions of Section 163.3235, Florida Statutes, and Ordinance No. 05- 05-2005. This agreement shall be reviewed annually on the anniversary of the Effective Date of this Agreement. The Company, or its assign, shall submit an annual report at least 30 days prior to the annual review date following the first annual report submitted in 2012 which shall be filed 30 days following the execution of this Amended Development Agreement. All annual reports shall MIAMI 4628390.1 76813/29325 8 e:~ BILZIN SUM BERG BAENA PRICE & AXELROD LLP Page 9 June 9, 2015 contain a section-by-section listing of what obligations have been met and the date finalized, as good faith compliance with the terms of the agreement. The city commission shall review the annual report at a public meeting. If the City Commission finds, on the basis of substantial competent evidence, that there has been a failure to comply with the terms of the Agreement, the Agreement may be revoked or modified by the City. The obligation to submit an annual report shall conclude upon the date on which the agreement is terminated. ANNUAL REPORTS HAVE BEEN TIMELY SUBMITTED AND APPROVED BY THE CITY COMMISSION. 28. Notices. Any notices or reports required by this Agreement shall be sent to the following: For the City: Copy to: For the Company: Copy to: City Manager City of South Miami 6130 Sunset Drive South Miami, Florida 33143 Planning Director Planning and Zoning Department City of South Miami 6130 Sunset Drive South Miami, Florida 33143 South Miami Corporation Attn: Bruce W. MacArthur, Chairman of the Board 5750 Sunset Drive South Miami, Florida 33143 And Nadine Heidrich Chief Financial Officer Wirtz Corporation 680 N. Lake Shore Drive Suite 1900 Chicago, Illinois 60611 Jerry B. Proctor, Esq. Bilzin Sum berg Baena Price & Axelrod LLP 1450 Brickell Ave., Suite 2300 Miami, Florida 33131-3456 THERE IS NO CHANGE TO THIS PROVISION. 29. Exhibits. All exhibits attached hereto contain additional terms of this Agreement and are incorporated herein by reference. THERE IS NO CHANGE TO THIS PROVISION. MIAMI 4628390.1 76813/29325 9 ~~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 10 June 9, 2015 30. Amendment. This Agreement may be amended by mutual written consent of the city and Company so long as the amendment meets the requirements of the act, applicable city ordinances and Florida law. THERE IS NO CHANGE TO THIS PROVISION. 31. Entire Agreement. This Agreement represents the entire agreement and no prior or present agreements or representations shall be binding upon either the city or Company, unless specifically incorporated herein by reference, whether such prior present agreements have been made orally or in writing. Each party affirmatively represents that no promises have been made to that party that are not contained in this Agreement, and the Exhibits, and stipulates that no evidence of any promises not contained in this Agreement, and the Exhibits, shall be admitted into evidence on its behalf. This Agreement shall not be supplemented, amended or modified by any course of dealing, course of performance or uses of trade and may only be amended or modified by a written instrument duly executed by officers of both parties. THERE IS NO CHANGE TO THIS PROVISION. 32. Third Party Beneficiary. This Agreement is exclusively for the benefit of the parties hereto and their Affiliates and it may not be enforced by any party other than the parties to this Agreement and shall not give rise to liability to any third party other than the authorized successors and assigns of the parties hereto. THERE IS NO CHANGE TO THIS PROVISION. 33. Period of Time. Whenever any determination is to be made or action is to be taken on a date specified in this Agreement, if such date shall fall on a Saturday, Sunday or legal holiday, then in such event said date shall be extended to the next day which is not a Saturday, Sunday or legal holiday. THERE IS NO CHANGE TO THIS PROVISION. 34. Counterparts. This Agreement may be executed (including by facsimile) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. THERE IS NO CHANGE TO THIS PROVISION. 35. Recordation. Within 20 days after the Amended Development Agreement has been signed by both the Company and the City, the City shall cause a copy of the Amended Development Agreement to be recorded at the City's expense in the registry of deeds in Miami-Dade County. THERE IS NO CHANGE TO THIS PROVISION. 36. Abandonment of Right-of-Way. The City agrees to abandon the right-of-way adjacent to the property to the buildable line. The Company shall contemporaneously grant to the City an easement from the right-of-way adjacent to the property to the buildable line for all future needs of the City. To ensure that the proposed structure does not interfere with the City's future needs, any permanent structure extending out over the City's easement shall provide the City with clearance as provided in the Hometown Overlay District in the Land MIAMI 4628390.1 76813/29325 10 e-.;:) BILZIN SUMBERG BAENA PRICE & AXELROD LLP Page 11 June 9, 2015 Development Code (10-feet minimum). THERE IS NO CHANGE TO THIS PROVISION. Please give me a call if you have any questions. JBPlwp cc: Steven Alexander, City Manager Thomas Pepe, Esq., City Attorney Bruce MacArthur Veronica Flores Don Vitek Nadine Heidrich Maria Menendez, City Clerk MIAMI 4628390.1 76813/29325 (~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP Sincerely, f2i{~ 11 " a,' . EXHIBIT "An 111111111111111111111111111111111111111111111 CFH 2008R010+490 OR Bk 26203 P.s 1380 -HOll (22,ss) RECORDED 1)2/0712008 10.53.06 HARVEY RUVIH, CLERK Of COURT MIAMI ~OAOE CDUHTY, FLORIDA THIS DKVELOPMJUI'l' ~ (~Agreement") is made as of !Ian" j age. June U, 2005 by and between THE CITY OF --, SOUTH MIAMI, FLORIDA a municipal corporation ("City") and SOUTH MIAMI CORPORATION ("Company") or its assignee, iU!lct'.l'ALS WBlUUi:AS, the Florida Local Government De,velopment Agreement Act, set forth in sections 163.3220 -163.3243, Florida Statutes, set forth in Exhibit "A" (the "Act") provides for the execution of development agreements for a term not to exceed ten (10) years to insure that the law in effect at the time of the execution of the development agreement shall govern the development of the land for the duration of the agreement; and WHEREAS, the city commission of the City of South Miami has adopted Ordinance No. 05~05-1827 which implements the Act and permits the consideration and the adopt'ion of this agreement; and HHZRlI:AS, the Company owns approximately 4.5+/-acres, zoned HD-OV, described in Exhibit ":8," (the "Property"); and WBBREAS, the Company desires to construct a mixed use development encompassing retail, -office and residential components described in Il:xhibit "C," (the "Project") in the Hometown District Overlay Zone within the City of South Miami. Paqe 1 of 17 Book26203/Page1380 CFN#20080 104490 Page 1 of 22 " '. NOW, TH2REFORE, in consideration of the above recitals and the following covenants, terms and conditions the receipt and sufficiency of which are expressly acknowledged, the city and Company covenant and agree as follows: 1. Incoxporation of RAcita1 •. The recitals set forth above are true and correct and are incorporated herein by this reference. 2. Property. The Company owns the property as described in. Exhibit "A". This property is deemed to be one unified parcel and is subject to the unity of title pursuant to the requirements of sections 20.7.30 and 20- 5.14 of the City Land Development Code (the "LDC") attached hereto as Exhibit "0". 3. Effective Da~.; Duration of Agreement. This agreement shall become effective after it has been recorded in the public records of Miami-Dade County and thirty (30) days after it is received by the Florida Department of Community Affairs (the "Effective Date"). This agreement shall terminate ten years from the effective date of this agreement, unless otherwise extended or terminated as provided tor herein or in the act. The maximum period of this agreement shall be ten (10) years from the effective date unless extended by mutual consent of all legal and equitable owners of the Property and the city upon approval at a public hearing, as provided in. the act. 4. U.e of Property. The property described in Exhibit "A" is to be utilized for the project described in Exhibit "C": a mixed use residential, office and retail project with a residential use not to exceed 108 dwelling units on Page 2 of ).'1 Book26203/Page1381 CFN#20080104490 Page 2 of 22 '" approximately 4.5 T/-acres. The project will include "chamfered" corners where it abuts roadway intersections pursuant to Exhibit "C", The occupied space of the project will not exceed four stories or fifty six (56) feet in height unless otherwise permitted by the South Miami comprehensive plan or its land development regulations. The total of occupied space of the project shall not exceed four stories. Non-,occupied space shall not exoeed a maximum height of fifty six feet. The project shall be built in two phases as follows: • Phase I shall consist of Blocks "A"l and ~"B" described in Exhibit "C". • Phase II shall consist of BlOCk "'"'" "C"described in Exhibit "C". • ~he Campanx may elect to davalOE!l!!nt plan in Ontl pha.e. • ~he Company III&Y elect to utilize Block "C" all II t!ll!POr.uy bank facility with ddva-throuqh lane. (not to exceed fel"" lan .. ) which facUlty shall be removed !!pon the i •• uance of the Certificate of ocaupancy for the Bank f&Oil1 ty on Blook "A". The overall development of the property shall be conducted in accordance with the approved site plan on file at the City, (attached and incorporated as Exhibit "B") including elevations, architectural features and estimated commercial square footage pursuant to Seotion 20.3-7, of the LOC. 5. PUblic Facilities Serving the Project. In order to enhance public faoilities in the City of South Miami, the Page 3 of l7 Book26203/Page1382 CFN#20080104490 Page 3 of 22 ,. Company agrees to provide the services listed below in compliance with Section 20-4.1 of the LDC, including: (al Roadways An operational traffic study was conducted. by the city and the Company agrees to the recommendations of city staff as set forth in their staff report which recommendations are incorporated herein by reference. (n) Parks and Recreation Based on the projected residential popUlation on the Property, Company agrees te pa) , ••• _ "ret/iEie • e ae!!'es e!@' laJlui aeeefl'Eaele 1!e ltoRe Git!y 'el! a ,lIjsJ:ie lill)!')', 11\ tiRe. &l~e!!fta'i:; Sf 1!!iiae 8ibhtpa:fi:l lMal ,1'8. !s.e a "e1!ea1:!:!b:el!:fee pay",~P1~}' .eases eft 'efts 8:V8!!'8:!e aale" ,:I!izee 8E l!e8l:l'ieft~ial J!I!!'!lpeJ!'4!y :if!: ~ke !!II!:1:y e.e ... }lte ltae1:! ~ea!': iJ?ke ;e""sP:!t'e P&Yftt$ft'e:"sAB11 lse plaeel!i 5::" I!l ap.sial il:!!ui fsS! el:U$neU:ftg eft 8Bf!1i.'6al 'ftl!J:reh elften, 8 tee ,a1P15 ana reel'eaeieft iaeioli:i::i:Be iH efte 9:4:e): 'i'he PaytfteR1! shall lJe 1ft8a13 :l:" eRe lem, 8~M 8fl e~ ~e£eee a Ge~~'i~eeae BE gee efta Q81I14,_8) '8 !Waht!isa jete 'he iil'sa ifeeioaef!:t!ksl tif\i~ eft eke Pl!'epe~t:); to dol1&~ $232,000 in one ~ump s_ .. ita responsibility for _et:l.nq park and recreation concurrency. Paymant shall be III&da on or before receipt of the first building pe:r:mit and. shall include any interest or carrying cost incurred by the City until ",eceipt of the paymant." (c) Sanitary Sewers Water and Sewer services that comply with all requirements of Miami-Dade County for any building prior to issuance of a final Certificate of use and Occupancy. Page 4 of 17 Book26203/Page1383 CFN#20080104490 Page 4 of 22 ;. (d) Solid Naste Solid Naste services that comply with aU requirements of Miami-Dade County for any building prior to issuance of a final Certificate of Use and Occupancy. (e) Schools The Company commits to pay upen the issuance of the initial certificate of occupancy any required Miami-Dade County School Board sChool impact fees. 6. Concurrency. The City of South Miami has determined that the Agreement Company's satisfies performance under the concurrency the Development requirements r as delineated in Section 20-4.1, City Code. By e><ecution of this Agreement, the City acknowledges that the application for site plan approval meets all concurrency regulations enumerated in Section 20-4.l of the City Code, and that the site plan application and this Agreement are consistent with the City Comprehensive Plan and Land Development Regulations. 7. Permita. The permits preliminarily identified as necessary for development of the project are described as follows: (a) Special E><ception to permit four drive- through teller lanes within the site. (b) Special Exception to provide 72 .2% +/-lot coverage. (c) Special Use permit to permit up to four restaurants with a maximum total of 13,820+/- square feet with parking to be supplied from any Page 5 of 17 Book26203/Page 1384 CFN#20080 104490 Page 5 of 22 ~~~~~~------.--... --.. --.-~~~--~~~~~~~~~~~~~-- " '. excess parking within the site. Retail and restaurant parking shall be marked and signed. 8. Development Conditions. The following conditions shall apply to the development of the project: (a) The Company shall meet all applicable building codes, land development regulations, ordinances and other laws, (b) The Company shall adhere to the requirements of all permits for the project. Ic) The Company shall develop the project in conformance with the parameters set forth in this agreement. Id) All development shall be in accord with the site plan submitted with the' special exception and speCial use applications, said site plan incorporated in Exhibit "C". (e) The Company shall provide the Department of Planning with a temporary parking plan, including an operational plan, which addresses construction employee parking during the construction period, said plan shall include an enforcement plan and shall be subject to the review and approval by the planning director prior to the issuance of any building permits and shall be enforced during const;ruction activity. f) All conditions imposed by the City Commission shall be incorpo;rated in this Development Agreement. g) Company shall reimbu;rse the City its lost parking revenue from any metered parking spaces Page 6 of 17 Book26203/Page1385 CFN#20080104490 Page 6 of 22 . \ . . '. adjacent to the Property which it occupies or uses during the construction period, h) The Company shall donate to a city trust fund $40,000.00 to be used by the city for traffic calming or other traffic mitigation programs within the City of South Miami. This money shall be donated to the City , prior to the issuance of its first building permit. 9. Consistency "i th C1 ty of south Miami Comprehenlli va Plan and Land Development Ragulations. The city has adopted a Comprehensive Plan and Land Development Regulations in accordance with Chapter 163, Part II, Florida Statutes. The city finds that the project is· consistent with the city's comprehensive plan and the city's land development regulations. The project, a mixed use residential, office and retail development, as set forth herein, is consistent with the "Mixed-Use Commercial/Residential (Four story)" designation on the future land use map, and the HD-OV zoning district on the Official Zoning Atlas of the City of South Miami. Goal 2 of the Future Land Use Element identifies the defines the home town district which consists of the "Hometown District Overlay Zone," as defined in Article VII, sections 20-7.1 tbrough 20-7,52 of the city's land development regulations. 10. v •• tinq. As long as the development on the Property is in compliance with this Development Agreement, and all applicable laws, ordinances, codes and policies in existence at the time of the execution of the Development Agreement as well as. other requirements imposed by the City Commission upon the ratification of the site plan. approval Page 1 of 17 Book26203!Page1386 CFN#20080 1 04490 Page 7 of 22 . \. on the Property, the Property shall not be the subject of a down zoning application by the City and shall not be subject to any development moratorium, referenda action, ordinances, poliqies, or procedures enacted by the City that limits the development contemplated by this Agreement and depicted in the site plan. Any failure by this Agreement to address a particular permit, condition, term or restriction shall not re.lieve the Company of the necessity of complying with the law governing said permitting requirements, conditions, terms Dr restriotions. 11. Pemit., Conditions, Texms and batrictiona not Addre •• ad. The failure of this agreement to address a particular permit, condition, term or restriction shall not relieve the Company or the city of the necessity of complying with the law governing said permitting requirements, conditions, terms, or restrictions. 12. Duration of Pexmits. The Company acknowledges that this agreement does not extend the duration of any permits or approvalS. 13. L." Governing De""lopsaant of the Property. The ordinances, policies and procedures Miami concerning development of the existence as of the execution of of the City of south property that are in this agreement shall govern the development of the property for the duration of the term of this agreement No subsequently adopted ordinances, policies, or procedures shall apply to the property except in accordance with the provisions of section 163.3233 (2), Florida Statutes, and Ordinance No. 05-05-1B27,as attached. Page a Of 17 Book26203/Page1387 CFN#20080104490 Page 8 of 22 . ~ . 14. T.:r:minat:l.on. This agreement may. be terminated by mutual written consent of the oity and Company, subject to the terms and conditions herein. Either party may terminate this Agreement if the oth",r party commits or allows to be committed any material breach of this Development Agreement. A "material breaoh" of this Agreement shall include, but not be limited to, a failure of either party to perform any material duty or obligation on its part for any thirty (30) consecutive day period. Neither party may terminate this Agreement on grounds of material breach of this Agreement unless it has provided written notice to the other party of its intention to declare a breach and to terminate this Agreement (the "Notice to Terminate") and the breaching party thereafter fails to cure Dr take steps to substantially cure the breach within siKty (60) days following the receipt of such Notice to Terminate, with the exception of monetary breaches which Shall be cured within thirty (30) after receipt of notice. 15. A •• i;nm.nt. This Development Ag~eement may not be assigned by the Company el<cept to an affiliated entity, without the prior written consent of the City. Subject to the preceding sentence this Development Agreement shall be binding upon the successors, aSSigns, and representatives of the parties hereto. An affiliated entity is an entity of which South Miami Corporation or a majority of its shareholder", directly or indirectly OwnS at least 51% of the beneficial interest. 16. Work Fore •. The Company agrees to use its best efforts to enhance job opportunities for local citizens in connection with the project. TO that end and in order to Page 9 of 17 Book26203/Page1388 CFN#20080104490 Page 9 of 22 '0:-' maximize job opportunities for applicants the Company shall send notice to from South Miami, the Community Redevelopment Agency Director of the City of South Miami, or a substitute designee by the City Manager, regarding employment opportunities related to any (1) construction work on the Property, (2). temporary or permanent maintenance work on the Property, or (3) proposals for leasing of retail space or employment opportunities associated with retail space located on the Property. 17. JOint Preparation. This agreement has been drafted with the participation of the city and Company and their counsel, and shall not be construed against any party on account of draftsmanship. 18. Binding affect. The burdens of this agreement shall be binding upon, and the benefits of this agreement shall inure to, all successors in interest to the parties of this agreement. 19. Captions and Headinga. Paragraph headings are for convenience only and shall not be used to construe or interpret this agreement. 20 . Applicable La"., Ju .... l.d1ction, and Venl18. This agreement shall be governed by and interpreted, construed, and enforced in accordance with the internal laws of Florida without regard to principles of conflicts of law. This agreement may be enforced as provided in Section 163.3243, Florida Statutes. Venue for any pertaining to the subject matter hereof exclusively in Miami-Dade County Florida. Page 10 of 17 Book26203/Page1389 CFN#20080104490 litigation shall he Page 10 of 22 ~.' . 21. ~nforcament. In any litigation arising out of this agreement, the prevailing party shall be entitled to recover its costs and attorneys fees, Attorney's fees payable under this paragraph shall not exceed 25% of the amount of damages awarded to the, prevailing party and no party shall be entitled to pre-judgment interest. In any injunctive or other action not seeking damages under this paragraph, legal fees may be awarded in the discretion of the court, but shall be reasonable and shall not exceed an hourly rate of $300.00 per hour. 22. Inap.at:ion, Nothing in this Agreement shall be construed to waive or limit the City's governmental authority as a municipal corporation and political subdivision of the State of Florida. The Company therefore understands and agrees that any official inspector of the City of South Miami, or its agents duly authorized, have the right to enter, inspect and investigate all activities on the premises to determine whether the property complies with applicable laws including but not limited to building and zoning regulations and the conditions herein. 23. Authorization to Withhold Permits and Inapactions. In the event the Company is obligated to make payments or improvements under the terms of this Development Agreement and such payments are not made as required, or such improvements are not made as required, in add! tion to any other remedies available, the City of South Miami is hereby authorized to withhold any further permits on the portion of the Property failing to comply with this Development Agreement, approvals, and refuse any inspections with regard. to that portion Page 11 of 17 Book26203/Page 1390 CFN#20080104490 or grant any of the Property Page 11 of 22 ',' until such time this Development Agreement is complied with. 24 .. Rep~.8entation8 of tbe Company, The Company represents. to the City ae follows: (a) The execution, delivery and performance of this Agreement and all other instruments and agreements executed in connection with this Agreement have been properly authorized by the Company and do not require further approval by Company, (b) Th1s Agreement has been properly executed, and constitutes Company's legal, valid and binding obligations, enforceable against Company in accordance with its terms. (e) There are no actions, suits or proceedings pending or threatened against or affecting Company before any court or governmental agency that would in any material way affect Company's ability to perform this Agreement. [d) Company shall not act in any way whatsoever, directly or indirectly, to cause this Agreement to be amended, modified, canceled, Or terminated, except pursuant to its express terms, and shall' take all actions necessary to ensure that this Agreement shall remain io full force and effect at all times, (el Company has the financial capacity to payor advance to the City all fees aod payments as required under this Agreement. Page 12 of 17 Book26203/Page1391 CFN#20080104490 Page 12 of 22 ., 25. Severability. In the event that any of the covenants, agreements, terms, or provisions contained in . this agreement shall be invalid, illegal, or unenforceable in ,my respect, the validity of the remaining covenants, agreements, terms, or provisions contained herein shall be in no way affected, prejudiced, or disturbed thereby. 26. Waivers. No failure or delay by Company or the City to insist upon the strict performance of any covenant, agreement, term or condition of this Agreement, or to exercise any right or remedy consequent upon the breach thereof, shall constitute a waiver of any such breach or ~ny subsequent breach of such covenant, agreement, term or condition. No covenant, agreement, term, or condition of this Agreement and no breach thereof shall be waived, altered or modified except by written instrument. No waiver of any breach shall affect or alter this Agreement, but each and every covenant, agreement, term and condition of this Agreement shall continue in full force and effect with respect to any other then existing or subsequent breach thereof. 27. Annual a.port and Review. It shall be the responsibility of the Company to submit an annual report to the City sufficient to fulfill the requirements as. stated in the provisions of Section 163.3235, Florida Statutes, and Ordinance No. 05-05-2005. This agreement shall be reviewed annually on the anniversary of the effective date of this agreement. The Company, or its assign, shall submit an annual report at least 30 days prior to the annual review date. This report shall contain a listing of what obligations have been Fage 13 of 17 Book26203/Page1392 CFN#20080104490 section-by-section met and the date Page 13 of 22 ,,---., -,.-.. __ .. _-------_.-"--,-_ ..• _---.. _---- finalized, as good faith compliance with the terms of· the agreement. The city commission shall review the annual report at a public meeting. U the City Commission finds, on· the basis of substantial competent evidence, 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. The obligation to submit an annual report shall conclude upon the date on which the agreement is terminated. 2B. Notices. Any notices or reports required by this agreement shall be sent to the following: For the City: Copy to: For the Company: Copy to: City Manager City of South Miami 6130 sunset Drive South Miami, Florida 33143 Planning pirector Planning and Community Development Department City of South Miami 6130 Sunset Orive South Miami, Florida 33143 South Miami Corporation Attn: Donald F. Hunter, Vice President And Wade R. Wacholz, counsel 5750 Sunset Drive South Miami, Florida 33143 Wade R. Wacholz, Esq. Gislason & ·Hunter, LLP. P.O. Box 5297 Hopkins, Minnesota 55243-2297 w. Tucker Gibbs, Esq. 215 Grand Avenue Coconut Grove, Florida Page 14 of 17 33133 Book26203/Page1393 CFN#20080104490 Page 14 of 22 29. Exhibit.. All exhibits attached hereto contain additional terms of this agreement and are incorporated herein by reference. 30. Amendment. This agreement may be amended by mutual written consent of the city and Company so long as the amendment meets the requirements of the act, applicable city ordinances and Florida law. 31. Entira agreement. Thh agreement represents the entire agreement and no prior or present agreements or representations shall be binding upon either the city or Company, unless specifically incorporated herein by reference, whether such prior present agreements have been made orally or in writing. Each party affirmatively represents that no promises have been made to that party that are not contained in this Agreement, and the Exhibits, and stipulates that no evidence of any promises not contained in this Agreement, and the Exhibits, shall be admitted into evidence on its behalf.' This Agreement shall not be supplemented, amended or modified by any course of dealing, course of performance or uses of trade and may only be amended or modified by a written instrument duly executed by officers of both parties. 32. Third Party Banafic;l.ary. This Agreement is exclusively for the benefit of the parties hereto and their Affiliates and it may not be enforced by any party other than the parties to this Agreement and shall not give rise to liability to any third party other than the authorized successors and assigns of the parties hereto. 33. Periods of 'l'ime. Whenever any determination is to be made or action is to be taken on a date specified in Page 15 of 17 Book26203/Page1394 CFN#20080104490 Page 15 of 22 ------------~--~--.--.----------- .' this Agreement, if such date shali fall on," Saturday, Sunday or legal holiday, then in such event said date shall be extended to the next day which is not a Saturday, Sunday or legal holiday. 34. Counterpart.. This Agreement may be executed (including by facsimile) in one, or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. 35. Recordation. Within 20 days after the Development Agreement has been signed by both the Company and the City, the Applicant shall cause a copy of the Development Agreement to be recorded at the Applicant's expense in the registry of deeds in Miami-Dade County. 36. Abandonment of Riqht-of-Way. The City agrees to abandon the right-of-way adjacent to the property to the buildable line. The Company shall contemporaneously grant to the City an easement from ,the right-of-way adjacent to the property to the buildable line for all futUre needs of the City. To ensure that the proposed structure does not interfere with the City's future needs, any permanent structure extending out over the City's easement shall provide the City with clearance as provided in the Hometown Overlay District in the Land Development Code (lO-feet minimum) . page 16 of 17 Book26203/Page1395 CFN#20080104490 Page 16 of 22 , , City I?ASSBD AlID DULY Al)Ol?'r1ll) by th~ d~mmission of t~he of South Miami, Florida, this, day o~ 200 .. 11 t1i ~ .{LPIJ Pl'int Name I'..'{ NT!·1L \l! 'E Ii-~LH STATE OF 1i'lQIU);l~ ;r~"'''''''S ) ) COUNTY OF IIUdlI BME eoo", ) The foregoing instrument was acknowledged befol'e Qc" day of O.:<. ... ...,e.,\& , 2001.1oy \.I. gOq,wIi'LL WIR19 pers,~nown to me or who produced =--;:c---=::::::::"'=-=:=~==:------as identi fica tion, of the corporation. My commission expires: L,,',--!.J Page 17 of 17 Book26203/Page1396 CFN#20080104490 me this who is on behalf Page 17 of 22 ORDINANCE NO. 05-05-1827 AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA ADOPTING A DEVELOPMENT AGREEMENT PURSUANT TO FLORIDA STATE STATUE 163.3221. FOR A UNImED DEVELOPMENT PROJECT KNOWN AS "PROJECT SUNSET" WHICH WILL INCLUDE THREE BUILDINGS UP TO FOUR (4) STORIES IN HEIGHT AND THE FOLLOWING USES: 108 MULTI-FAMILY RESIDENTIAL UNITS, RETAIL USES, OFFICE USES, RESTAURANTS, BANK AND PARKING GARAGES; ALL FOR PROPERTY LOCATED GENERALLY AT 5750 SUNSET DRIVE AND LEGALLY DESCRIBED AS LOTS 6 THRU !), 40 THRU 45, .53 THRU 66 INCLUSIVE AND TH'E EAST 50 FEET OF LOTS 5'1. AND 52 OF W. A. LARRINS SUBDMSION ACCORDlNG TO THE PLAT THEREOF RECORDED IN PLAT BOOK 3 AT PAGE 19!1 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY; PROVIDING FOR SEVERABILITY; PROVIDING FOR ORDlNANCES IN CONFLICT; AND PROVIDING AN EFFECTIVE DATE WHEREAS, in 2005 the South Miami Corporation is requesting approval·of a Development Agreement for a 4.5 acre proposed unified development to b. called "Project Sunset" which will include a total of 108 dwelling units and 87,212 square feet of commercial space on property located genera1!y at 5750 Sunset Drive and legally described as Lots 6 thru 9, 40 thru 45, 53 thru 66 inclusive and the east 50 feet of Lots 51 and 52 ofW. 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 </I'- . WHEREAS, the City Commission at its March 1, 200S meeting adopted a resolution allOwing two special exCeptiOllB and adopted a special use resolution permitting the location of four restaurants in Ibe unified development: and WHEREAS, the Florida Local Government Development Agreement Act, set furth in sections J 63.3220-163.3243, Florida Statutes, provides for the execution of development agreements to insure that the law and regulatiollB in effect at tbe time of the execntion of the development agreement shall. govern the development of the land for the duration of the agreement; and WHEREAS, the South Miami Corporation has proposed the execution of a development agreement with the City of South Mimpi pertaining to the mixed use project entitled "Project Sunset" which agreement would set forth all of the conditions and commitments required by the City resulting from the approval of the special exception and special use requests; and WHEREAS, the Planning Board at a meeting on February 22, i005 after a public heariI).g, adopted a motion by a vote of 4 aye I nay reconnnending approval of the proposed Development Agreement subject to specific revisions and conditions, which have been included in the draft agreement; and WHEREAS, the Mayor and City Commission of tbe City of Soulb Miami desire to accept the recommendation of the Planning Board. NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND THE CITY COMMlSSION OF TEE CITY OF SOUTH MIAMI, FLORIDA: Section 1 That a Developmeut Agreement, attached as Exhibit "A" as Awended during the March 15, 2005 public hearing, and dated March 1 5, 2005 between the City of Soulb Miami, Florida, and the South Miami Corporation pertaining to a 4.5 acre proposed Book26203/Page1397 CFN#20080104490 Page 18 of 22 , Ord. No. 05-05-1827 2 unified development to be called "Projeot Sunset" which will include a totsl of 108 dwelling Wlits and 87,212 square reet of commercial space on property located generally at 5750 Sunset Drive and legally described as Lots 6 thru 9, 40 thru 45,53 thru 66 inclusive and the cast SO feet of Lots 51 and. 52 ofW. A. Larkins subdivision according to the plat thereof recorded in Plat Book 3 at page 198 of the public records of Miami-Dade County is approved. . Section 2 If any section, clause, sentence, or phrase of this ordinance is for any reason held invalid or unconstitutional by • court of competent jurisdiction, this holding shall not affect the validity ofthe remaining portions of this ordinance .. . . Section 3 All ordinances or pmts of ordinanoes in conflict with the provisions of this ordinance are hereby repealed. . Section 4 This ordinance shall be effective inanediately after the adoption hereof. PASSEDANDADOPTBDthis . IS.::t4 dayof !vt~ ,2005 A'ITEST: APPROVED: 1" Reading-3/1/05 2"" ading-3/15/05 COMMISSION VOTE: 4-1 Mayor Russell: Yea Vice Mayor Palmer: Yea Commissioner Wiscombe: Yea Commissioner Birts-Cooper: Yea CITYi ATTORNEY Commissioner Sherar Nay achment: Exhibit"A" Development Agreement E:\CotDDl It.msI200S\3-I-OSIDeve!opmeot Agreement Bank Ord.doc Book26203/Page1398 CFN#20080104490 Page 19 of 22 ---.-~.,~----.~--~-~~.----~"'--"'-' . -_ .. _-_._>---._ .. _------ · . ( O'RDINANCENO. 18-05-1840 AN ORDINANCE OF THE l\1AYO'R AND CITY CO'MMISSION O'F THE CITY O'F SOUTH MIAMI. FLORIDA AMENDING THE DEVELO'PMENT AGREEMENT ADO'PTED AS PART O'F O'RDINANCE NO'. 05-05-1827 WHICH APPROVED THE DEVELOPMENT AGREEMENT FOR A UNIFIED DEVELOPMENT PROJECT KNO'WN AS "PRO'JECT SUNSET" LOCATED GENERALLY AT 5750 SUNSET DRIV:E AND LEGALLY DESCRIBED AS LOTS 6 THRU 9.40 THRU 45, 53 THRU 66 INCLUSIVE AND THE EAST 50 FEET O'F LOTS 51 AND 52 O'F W. A. LARKINS SUBDIVISION ACCORDING TO' THE PLAT THEREO'F RECO'RDED IN PLAT BO'O'K 3 AT PAGE 198 O'F THE PUBLIC RECO'RDS O'F MIAMI·DADE CQUNTY; THE PURPOSE O'F THE AMENDMENT IS TO' AUTHO'RIZE THE ADMINISTRATIO'N TO' PROVIDE A SPECIFIC AMOUNT OF PARK AND O'PEN SPACE CO'NCURRENCY PAYMENT TO THE CITY, AMENDING THE DATE FO'R PAYMENT, AND ADJUSTING THE PHASING OF THE DEVELOPMENT; PRO'VIDING FO'R SEVERABILITY; PRO'VIDING FOR O'RDINANCES IN CONFLICT; AND PRO'VIDING AN EFFECTIVE DATE WHEREAS" the City Commission at its March 1, 2005 special meeting approved special exceptions to permit "Project Suns.f', a unified mixed use development consisting of residential, office and retail uses generally located at 5750 Sunset Drive; 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 has now negotiated an amended phasing schedule which should reduce the impact of the development program on traffic and parking in lb. 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 developeftc the City; and WHEREAS, the Administration has now 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 10,2005 meeting after a public hearing, adopted a motion by a vote of 5 aye 0 nay recommending approval of the proposed amendment to the Development Agreement. NOW, THEREFORE, BE IT ORDAlNED BY THE MAYOR AND THE CITY COMMISSION OF THE ClTY O'F SOUTH MIAMI, ELO'RIDA: . Section 1 .That Section 4 entitled "Use of PropertY' of the Development Agreement between the City and the South Miami Corporation for Project Sunset adopted by Ordinance No, 05-05·1827 at the March 15,2005 City Commission meetiog, i. hereby amended to read: 4. "Use of Property. The property described in Exhibit "A" is to be utilized for the project described in Exhibit "C": a mixed use residential. office and retail project with a residential use Book26203/Page1399 CFN#2008010449Q Page 20 of22 drd. 'No. 18-05-1840 I 2 2 3 not to exceed 108 dwelling units on approximately 4.5 +/. acres. The project will include 4 "chamfered" comers where it abuts roadway intm:SectiOIlS pursuant to Exhibit "C". The occupied 5 space of the project will not exceed four stories or fifty six (56) feet in height urness otherwise 6 permitted by the South Miami comprehensive plan or its land development regulations. The total of 7 occupied space of the project nhall not exceed four stories. Non-occupied space shall not exceed a 8 maximum height of fifty six feet. The project shall be built in Wi<> pbases as follows: 9 • Phase I shall consist of Blocks "A" and llG'l "B" described in Exhibit "C". 1 0 • Phase II shall consist of Block !\Wl "e" described in Exhibit "C". 11 • The Company may eject to implement the development plan in one 12 pbase 13 • The Company may elect to utiliZe Block "CO as a temporary bank 14 facility with drive-through lanes (not to exceed four lanes) which 15 facility sball 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 "C") 20 including elevations, architectural features and estimated commercial square footage 21 pursuanttoSection20.3.-7,oftheLDC." . 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 Marcb 15,2005 City Commission meeting, is bereby amended to read: 26 27 5. "l'nblic Facilities Serving the Project 28 29 ****** 30 b) Parks and Recreation 31 Based on the projected residential population on the Property, Company agrees te j!B;' fe, Sf 32 flre"liss .8 aeP8e eflms 8:8Biil,wele ~8 tits Qfiy far a flliaKa p8!"k. Ifi the eltel'flliw/B; t:ks Qam,uy 33 ffi;S:Y pre :'iss a "Slieastute l'El'!1lllefM" has8a sa tee 8!fc$1t&g@ .IGB ,!iem mffS8siel~al ]3!'s,8ft;r if!: 34 ile 8i~ e'78f tlt8 hrat yBfH!. The G8fD!98ft5'8 lJIi5'ftlSM MaR be ,,1&888 kt Bo epee-illl fiHui fer 8f!IWtMftg 3S eft 8a,ital impreveeumts te pM!:M:e feerS_eft me:HMi8B:Hi @til gh~; 'Fhs Pa)tmBftt sbe 'l Be Hlaas 36 in 8ftS lu~ SHHt 8M €!If GeNre II GeftifiBllte 8f Use !mEl .Q8eapWlBY is ~fui fer ,the: -Mal 37 rBeiElelletial unit Bile Ifts pl'@f'~ to donate $232,000 in one lump slim as its responsibility f9r 38 meeting park and recreation concurrency. Payment .hall be made on or before receipt of 39 the f'U'st building permit and shall include any interest or carrying cost incurred by the 40 City until receipt of the payment." . 41 42 43 Section 3 Tf any section, clause, sentence, or phrase of this ordinance is for any reason held invalid or 44 unconstitutional by a court of competent jurisdiction, this holding shall not affect the validity of the 45 remaining portions oftbis ordinance. 46 47 Section 4 All ordinances or parts of ordinances in conflict with the provisions of this ordinance are 48 bereby repealed. 49 Book26203/Page1400 CFN#20080104490 Page 21 of 22 , ~ Ord. No. 18-05-1640 of '"' Section 5 'This ordinance shall be effective immediately after the adoption hereof. PASSED AND ADOPTED this 11-r.1r. ATTEST: (fr)~Gt~ CITY CLERK ~ 1" Reading-6/7/05 2Dd Reading-6/14/05 day of ~, 2005 APPROVED: COMMISSION vorn: Mayor Russell: Vice Mayor Palmer: Commissioner Wiscombe: 3 Commissioner Bms-Cooper: 4-0 Yea absent Yea Yea Yea Commissioner Sherer New wording underlined; wording to be removed indicated by strikethrough \\MCORUFF\PLANNING\Conun Ittms\1005\6~ 7-OS\DevclopmeDt Agreement Project SWlSet Ord..doc Book26203/Page 140 1 CFN#20080104490 Page 22 of 22 -----------.-.-.. ---------.---------~~----.-- " • . , EXHIBIT B 1IIIIIUlitI UUlI1Ui UllflUlIlIlllllIlIII AMENDED DEVELOPMENT AGREEMENT BEWEEN THE CITY OF SOUTH MIAl\1l, FLORIDA .AIm SQUTH MIAMJ COJU'ORATION \ THIS.AMENDED DEVELOPMENT AGREEMENT (lfAgreemem") is madQ as··· ..... ;., /3-z1 day ~f i'd. .1013 !!y and between the CITY OF 80UTHMIAMl, 'FLORiDA a ntunicipal corporation ("City,,) and 'SOUTH MiAMI CORPORATlON{"COmpany") or its assignee. RE-<CITALS WHEREAS. the City commission of.the ClfyofSouth M1~mi adopted Ordinance No, OS-[}S- [1Il7 ~attaohed as Bl:hibit "B")whicb implemented the Florll\a Local GovorJ)ment Development AgreementAct("~ Act") andpennits the oonsloeration and the ad~pti"l1 of this agr~ement; and WHEREAS, th~ Company owns approximately 4.5+/· acres, zoned HD-OV, de~cribed ,in Exhibit "A," (the "Properiy"); and WHEREAS, the Company desires to construct a mixed use development enoompa$srn.g tolaU. office and residential compoIr.>lIts ('!he "Project') described in site pl8Il on file with the City in tlle HornetownDistrict OVl>rlayliJne wifuin the City of South Miami, WltEREAS, the City has ~on""rns r.~J;,\l'ding th~ OI'illiaal DweJ()prnent Agreement .that was dated Mal'ch 15. ZOOS, fully executed ()ll April 6, 2005 but which was never recorded; and WHltRlliAS, the ·City and the Company amended the March 15, 2005 De"e!opment Agre~ment Il.l1d this m>lSed Development Asreem~nt WAI Bawd JUrnl ;{4, :t-()OS and whlch was eventually recorded as required by statute; however, the "amended" development ",greoment was reoord", as tit" ol'iginal development agreement and it was not tided llS an !lm~nl'1~d .deverepmont agreem~nti and WHEREAS, the City has concern. regarding the signing and recordillg of the JUlle 14, 2{)OS Developmen.t Agreement; and WHEREAS, Ihe Company and the City desire 10 settle tlle concerns of the Cily by en~ring into thIs Amended Dev610pment Agreement; ana. " " , , . WHEREAS, th(! Florida Local OQv~rnment l:)evelopment Aireemen1 kGt, eeotlolli tE3 .~220. 16l.3243, Plorlda Statutes, (tM • Aot"). In effect O~ the ~a!e a1tbe City pas$ed and adopted 1\ r~lolution &greeing Qn the terms ~f' the origilllit Development Agreement, provided for the exeoution of developmentRgt:eements for It t«m not!Q exoeed ten (lD) years to insure that the law in effec'! at the time of the execution of the development ,agreement shall govern the development of the lan4 for the dur~ti0n of the agreement. NOW, THEREFORE. in consideration of th~ above recitals and the fonOVo'ing ;()ovl>nants, temIS and condition& the reoeipt and sufficiellcy of whiph are expressly acknOWledged, the City and Complll1Y oovenant and agree lIS fullows: 1. Ino~rporat!~n or Reoitals. The no!t.11 set forth above are tru~ and ¢Ql'f~Qt f.nd are inOorporaled herein by Ihls reference. 2. Pro,perty. The Company owns the prop~r!)' &s described in Exhibit "A". This property is deemed to be one unified parcel and 1s subject to the unity of title pursuant to the requir~mcllts of seotiotls 2{)-7.3Q. and 20-.5.14 of the City Land Deve10pment Code (the "LDC") atlllohed hereto a.s Exhibit "D"_ 3. Effective Date; Duration of Agree!l1~ut. This AQOOnlenl shall be effective as of lune 14, Z005 (the "~ffectiva Date"), the date that tho City passel! and adopted a resoMion agreeing to the terms and oonditlorul of the fir,t Amended Development Asre<'l!lMt. This Agreement. as l'UJ'fomtly ameucWd, shall tenninate fen years -from the EffeQtiw Date of this Agl'eement, un:!ess otherwise e~tended or terminated as provided for henin or in the act-The maximum perm of this lIgreement &hall be teli (10) years fioom the E££e~iiv. D~i. unIo.u extended by mutua! con~lnl of all legal and eq~jtable 'Owner.1 of the Property ~nd' the ~i1y upon approval at a publio h~r,lng. M .p~oyided jnth~Aot. 4.Uso of I:'ropcrly. The proporty described in Exhibit "A' [s to be ,u1iliud for the project described in the site plan on file with the City: a mixed use residential, office and l'otaill'rcject wilh a residential usc not to exceed lOB dwelling units on 2.pproximately 4..5 plus or minus aCl,",,~. The project will inclUde "ohamfered" comers where it abuts roadWAY !nWsootKms pUl'SUallt to t!l~ site plan on file with tlto City. The occupied space of the project will not:.)il)~ four stories or fifty six (56) feet ill height unless otherwise pennitted by-the South Miami comprehensive plan 01' it~ l~nd development reguJatl()Ps. The total of occupied space of the. project '911aU nat ~'l«JOOd four .stariM. Non,occupied spnce shall not ,exceed a maximum height of filly six feet The project shall be built in two ~hases as folloWJi • Phas~ I sh.1I oons!~t ofBloo..~~ "A" am! '''13'' d(lScriQed inExlllolfl<C",. MlAMl32931113,376813/29325 2 ! ~, • " " . ,. • Phan II shan oonslstof!llook "C" ~eB0r!beQ In Exhibit ·'C" . . , The Company may eleot to implement the development plan in "no phase, .• The Company may eleot to utilize Block "C" lIS a lemporary bank facility with drive-through lanes (not to exceed futu' lanes) which facility shall be removed upon the Issuanoe of the Certllicate.ofOocupancy for dJoBank racUityon Block "A", The .overall development of1be property shall be oonducted in accordance with the approved site plan on file at the City, including elevations, architectural features and estImated commercial squ2l'e footage pUl11Uant to Section 20.3-" of.the LDe. S. Public Faeiliiles ServiJIll the Project. In .Qro<::r to en11ance Jmolic facillti.s In dIe City of South MliIml, the Company ~gt'eet to provid~ (lie se!'l'ioes listed below In oompllf.l1ce with Section 20·4, 1 Qfthe LDC, including; (a) lWadwBf! An opel'ational traffic study was· QQnduoted by the "ill' !tIld tlle Company agrees to the recommendations ofoity staff as ~eeforth in their staffrep0l1 whicllreoommendatious are incorporated herein by reference. (b) Pat'ka and :Recreation Based 011 the projectW residential population on the Propmy. Company agrees 1:0 donate $232,000 in one-lump sum as its responsibility for meetlng p~rk and =eat.ioo· COllC\l11'ellcy. Payment .. hall b. made on or before reoelpt of the first building permit and shall inolude any interest or carrying \lOst incurred b)' the City u!till r~e!pt of the pa)'lllent, (e) SI\I!!tI!ry Sowers Water and Sewer services that comply with all requirements of Miaml-Dade CounIY for a~y bulldlng prior to itsulncc ofa finat Certifloate of Use alld OCCUprulCY, (d) SolfdWasfe Sclid Waste s~rv;cea that "Gmp'ly with all l'equirements "r Miami-Dade Cbunty for any building prior to issu(l!loe ofa final CertJfioate oiU.e and Occupancy_ (0) Schools. The Compao)' commits to pay upon the issu~noe of the initW certificate ·01' occupancy nul' required Miami-Dade County SohO(lI Sao1'd school impact fees. 6, ·Collctrrrency. The City of South M1i'.mi has determined that the Compan)"s perfonnanoe under the Agreement satisfies the OOncllI'l'enc), l'equil'Oll1ents, as delineated In Seeflon 20- 4, I, City 'Code, 13)' eJteoution of Ihis Agreement, the City aoknowledges that th .. app!ioat1ol1 for slte MIAM':I3293153.376813129325 3 .' . " pltn approval meeti all oonQUlTfnoy rc.gul&tioos enumerated In Section 204,1 of 111, City Cede, .&nd th&t the site plan eppl!oatlon end this Agreement m·oonliatel<t with the City Comprel1ensi~6 prall and Land Development Regu [atIOllt. 7. Perot!ts, The p:mn\ts preliminarily identified lUI necessur)I fur .development of the project ate described as fe>Uows: (.a) Special ElI'ception to p"nnit four dr1ve-through teller l.aneswithin the site, (b) Special Ex1X'ptiou tcprl)vide 72.2% fl· lot QOverage. (c) Special Use permit to penni! up to four restaur!\1)\s with 11 maximum to.t!ll cf 13,S20+f..squm "ie=1 willa parking to be supplied from any e)(~eSi parking wltllin the site, Retail nnd restlturant pal'lclng shall be marked and signed, 8, Development Conditions, The fonowIng conditions sh~il apply to th= developrmmt of the project: (-a) The Campany Ilhall meot all apl'licabie building codes, lalld development ~gulations, ordin!ll)ces and Gther laws. (b) 'The 'Company sIm1I adhete to the requir6ments of all permits fur the project (0) The Company sIm1I develop the project [1\ conformance with the parameters set forth in this agreement. Cd) All development idlall be ill accord with the site plan submitted with the special exception and spe~ial Use ~pplil'lltions, said siwl'lan On file with the City. (~) . The Com?/U\)' shall provide the DerarttnOllt of Pillin!ng; with a t\llnporal')' par.kill$ plan, illQluding an opora.tiDnal Flan, whloh nddresee! oonstruotion employee parkini' cludnll the ronstruction pen'iod, said plan shall inc:lucle eon enforeement plan and shall be subJeot to the review and approvlll by the planning direct<>r prjD! to the issuance of any building pel'lnits !lilt! sna:U be enf~rGe~ during oonstruction nctivity. (f) All >londitiolls [mposed by the City Commission shall be inC0.1'pot'ated in this Devel0'Pment Agl'eemeot (g) Company ~halll<limbllt .. e tbe City its iQzt parking .revenue from. ,any metel'ed parking spaces adjacent to the Propertywhicb it o<)cupies Ol' uses ~uring the QOOStruction period. (h) 'l1te Company shall donate to a Ditt trust !lJnd $4(l;Q.OI}.OQ to 'b~ used bY. the dty for traffic olllming or oth.r traffic mitigation programs within the City of South MiamI. This money' Bb.lI be donated to tile City, prior !a the issuilIIce of i.t. Ill'I! buUding'permit. MIAMI 3293183.3 75813/2932; 4 .' '. Consistency with City of South Mliml Cllmpreheuslve· Plan and Lana Devel&pment Re.:u!atlons. The city hat ad~pted a Compn>hensive Plan llodLand Develo?me!!l R:egulatlons in acco;danoe with Chapter 163, PArt II, Florida Statutes. T/JI: city flllds thatthe projeot is consistent \'lith the city"s cDrnprebensiy~ plalll1Jld the city's bmd devJlIo[l!Dent l'ej;ulations, The project. amixed use resi.dential, office and retail developm.n~ as ~<;t forth ~ is coosistent with ilie 'Mixed"U$e Comm.r~iallRasld~ CFour Story)" de'ignllJ;;on on the futllro land UBe map, ana the HO-OV zc>niug distriet on tile Official Zoning Atlas of the City of South Miami. Goal 2 ofth@ Future Land Use Element ident!fres Ihe home tewn district whioh oon~ists of the "Hometown District Overlay Zone,' as definec:l in Am!}I. VII, eectiGllllo20·i.l through 20-7.52 ",r the city's land deveh'pment wgulAt!eM, 10. Vettll!t. As long as tho de'lolopm~nt on tho Property Is in ~Olt1\lU~noe with thi~ Development Agreement, and all appliqabl~ laws, ordinano.et, ood~s and poli<:,i~i In exlshnoe ·o~ 'Jtlfie 14, 2005 as well as oUler requirements imposed b~ the City Commission upon the ratlfloation of the site plllD approval on th= l?rr>perty, the Property &hall not be ·the ~ubjeet of a down ZOn111g applicnti"n by ~ City and &hall not be subject to 'any development moratorium, referenda actiol'. ·ordin!Uloesr polioies,. 01' proC\\dul't;s euru:fed liy the City that limits the d~pm.ont oontemplated :by this Agreement and depic!ed in the sile plan. Any falil1!e by this Agreement!o address a partioular pel'll:11i:, condition, term 01' I'estrlctlon sba1I. not.reHeve the Company of the n_tty of complying with il1. law r;overning said permitting re({Wrements, conditIons, lenns cnestrictksns. 11. Permf~ Conditions, Terms and Reltlicti(l\lS Jiot ;1.ddrmed. Tbe 'faihlr~ of Ibis 'gF~emeIlt ·to ~tldress a partiClllar permit, condition, term or i-estriotion sbaH .not relIeve the Company or the olty of the neoesslty of oomplyJng with the law governing salli permhting requirements, oonditionB. tl;rms, or restriotions. n. Duratinll (If Permits. The Company acknowledges that.this agreement do~s not erJend the duration of allY permits or approvals. 13. Law G<>verlling De1'eloplttent of the Property. The ordinances, policies and procedures of the City of SoufuMiami ooncerJililg development ()ftba property rnat are in e"'.renee .s -of the Effeotive Date of this agreement shall govern the development ef!he property for the duration ofth. term of tllls agr.eement No slrbsequently adopted ordillances, polrcies, or procedures shaH apply to the property except in ao¢Qrdaaee with'the provisions ofse~tion 1103.3233 (:4), Florida Statutes, and Ordillill1ce No, 05·05·1827, as Irtlacbed. 14. Termination. This agreement may b. terminated by mutual written cons.nt of !he ~ity and Company. ·subJeot to the terms l..'1a oonditions bQroin. Either pMty .may termjnate this MIAMI 1293183.3 76813129325· 5 I, , I' ,. Agreement If tlt$ other part)' oommits or .allowl to· be Domrnittecl any m~terlal bre,aoh Cif thll Agreement, A "matorJal br~Mh" of this Agreement shalt include. but not be limited to" a fallur~ 'oJ eltber pa.rty to perform any Irulterlal duty or obligation 011 its pill'! ror any thirty (30) CGn5eOU~ve day period. Neilher party 1M)' t~rminate this Agreement on grounds of 1lIllIcria! breach of this Agr~emen! QIIless It has proyi~ written Ilotico to the other party of its intention to cleclare a breach and to terminate this Agreement (tll'~ "Notice to Terminate"} and the breaching party th~reafter fails to cur" .or lab steps to sui>s'tantially oure the breach within sildy (60) days fullowing!he receipt of such Notioe t6 Terminate, with the exception ofmonolaty breaches whiGh shall be cured within Ibirty {30) days after rereipt of notice. +0. AulgnmOl1t. This Agt:e~nent may not be assiined ~)' the Compl.llY eKeept to an aftili:.~d entity. without ilia prior written consent of the City. Subject to the preoel!!1ns nnte.'10e this Agreement shall 'be binding upon the suo¢essol'8, acsigns, and tepJ"eSen(atives of ths plll'lie! .hereto, An aftlllated entity is an entity of whioh South Miami Corporation or a majority ·of it& Bhareholders, directly ·or indirectly owns at least 5l% oHhe beneficiBllnterest. 16,. Work Force. The Company agrees to use its. best e:fi\brts to enharu>e job opportunities for 10001 citizens in CQlIlleotion with the projeot. To that and and in ot'der to maximize job oppoJtunities for applicants from South Miami, the Company shall send notice to the Community R~d.velopml)fit Ag~ncy Dire:tor of the City of South Miami, or II snbsiliute designee by tlle City MalJl\ger, l'eglll'ding emplol!rrlent opportunities related to any (1) oonstrnctic>n work on the Property, .(2) temporary or p~rmancnt maiolenance work on the Prop.tty, or (3) proposals for leasing of retail space or employment 0pp0r!\lnltles associated wlt!t;retail spaoe loca~ed on the PropeJtr. 17. Jo!nt Preparation. This Agr~ement hili been draft~ with the pW~.!~4tI0!l of Ibe city and Cornpany and their OOUlIS<ll, and shaU not be 'construed against any Plll't>' en a~Gount 'of draftsmanshIp. 18. B'indlng Meet. The burdens of this Agroom~nt shall be bindlng upon, a.nd 'ti)e Dl)Ilefits oflhi. ag",~ent shall inure IQ, all succ~s.ors ih intel'e,l to th~ parties oflhls agreement. 19. Capti .. ns.and Headll;gB. Paragraph headings are for convenience on-ly and shal! not be used to construe or illte!pret this Agreement, 20. . Applicable Laws, Julisdlctlon, and Venue, This Agreement -shall be g0vBrned by and Inlerpretea. cODslrUed, and enforced in acc01'danc~ with the interllllllaws of Florida without regard to prInciples of cotlflic($ of Jaw. This agreement mey b" enforced as provided in Section 163.3243, Florld~ StaM~, Venue for an)' Iltlgat!on per!ainln~ to the su1:>joct matter hereof 'shall be MIAMI 3293183 ,3 76B 13/29325 6 I, , . ex:clusively In Miami-Dado County Florida. 21. EnfofC$llent In any litigation arising cut of this a~ent, the ·prevailini party shall be entItled to r.cever its C¢SlS and attorneys f.es. Allom.y', fees payable under this paragraph sbal1ll¢t exoeed 25% of the amount of damages .awarded to the prevailing pmty and no party shall be entitled to pm-judgment interest. In any .injunctiv~ or otb~r aotIon DOt 500ldng damages under this p!U'agraph, regal fees may be awarded in the dlsQretion ofth. oourt, but shall be reasonable ano shall not exceed an IIOUIly rate of $300.00 per hour. 21. Inspection. Nothiag in this Agreement ,hall be construed to waive or limIt the C'1Iy's governmental authority as a municipal cQrpGrati~1l ~ntl politlCld subdlv.isiQIl of the State of Florida. Tho Colnpany Ih.~reftlle unders1ands find t.g):oe; Illat Ally cfficial iuspe~tor oflbo Olt» ofSo~th Miami, or Its agEonta dill}' ~uthorized, have tbe rIght to ol'Lter, In&pect and investlge.te all act!vlt!es on the premises to detel'tllino whether the Property ¢ompl!ol' with 'a.ppltotlble laws in~luding 'bUI not Jimite:clto building and zonillg rcgul.tltms and !'he·conditions hereill, l3. Autnorl1JLtiQo to Wlthhold Permits ano! Iw:pectionB. In the event Iho Company is obligatecl tD \1\akepaynumts or :improvements under the aorms ofthia Agre .• ment fUld such payments RfO not macle as required, Of'SUcn llnprov.mentB are not m...w a8 required, in addition 1:0 allY other remedies available, tbe Oily of South Miami is her.eby autb.dzed 10 "ith!)dld any furtber permits on tlle portion of the Property fldling 10 compiy with this DevelQplnen\: Agreelnent, and l'efuae 'any inspeotions 01' grant ·any approvals, with regard to that portiQn of the PropllI'ly until such time this Dovelopment Ag~ement Is complied with. 24. RepreBetilations or ille Company. The Company rep~senta t~ the City as follows: (a) The ~~ution, delivery ana .perfonl\Knc~ oftllis Agreement end all other Instruments and agreements e)teCuted itt connection with this Agr.eement ·have be~n properly authol~~clby the Company and clo.not l'equil'!.' further o,»proval by-Company. (b) This Agreement has ·been properly executed, and .constl!utes Comp~ny's legal, '1~1icl and binding nbIigatiooB, emoIC" .... ble against Company in aCcOrd an"" with it« tenus, Cel Thereal'~ no actions, suits or proceedinga ponding or threatened agmns! 01' affecting Company befol'e any court or govemmentltl ~genc)' that would in MY material way affect Company's .bility to perform this Agreement (d) Company.shall no! ·net in MI1 wr!)' whatsoe~er. dlrootly or .indirectly, to cause this Agreement to be amended, modified, canceled, or termlnr-ted, except pursuant to [ts express ~rms, and MIAMl32931S3.37681.3/2932$ 7 " , , shall tako ~lI1>.Qt!Ol1B n.oess~1J' 10 ensure Chat fh!s A~em~nt shall remain in full f~roe ancl effect &1 all times, (e) Company has. the financial capacity to pal' or advance '\l;> the City all fees and payments as required uruIer th~ Agreement, 25. Severllblli~ In the event tllat any of the oovooents, agreements, terms, or provisions contained in this agreement Bhall be invalid, illegal, or unenforceable in ,any res.pllOt, the YlIlidity of the remaining covenlllllB, agreements, tenns, Dr provisions QOntained herein shall be in 110 way iffec!ed, prej1ldiced, Dr distur&;d thereby, 26, W lIivers. No i1tiIure 01' delay by Company tlr the City to insist upon the strict performance of any oovenant, agreemen~ term or oondition. ofthi~ Agreement, or 10 e!:eroise any right tlr remedy OOl'lSl:\quent upon the breach theroof, shr.ll IIOnsiitu!e a waiver of Any Juoh brea.oh 'or an)' subsequent brea.oh of snob ~ov~nt, Bgreenten~ !enn 'or oOljdll!~1\. No oovenant, agr~emQni, wlm, or condrnon of t!!is Agreement ~d no breaoh thereof shall be walved, altered er m.odtfled except by written instrument. No waiver of any breach shall aff~ct or alter tltis A,greemeut, but each. and every covenant, agreement, wrm .and .. rulilian of this Agreement 'shall continue in full force and effect with respect Ie any other then existing or subsequent breaob thereof. ri. Annual Report and Review, It shall be the responsibility of the Company to submit au annual report to the C"1ty r;ufficient to fulfill the requirements.as etuted in the provisions Df Section ),63.3235, Florida St!\tute><,lttId Ordinance No, 05·05·2005. This alP"crne!lt~hal1 be reviewed anrLuallyon the anniverSliry oithe Effective Date ofth!. Af!I";lement. The ComplUl)" '01' its assign, shall Sllbm!i~n annual r~port at least:;O days pri~r to the"annual review date following the firet arulue.i rep~rt submi~d in 20121'1'hloh sllnn be filed 30 days following j,i~ ~xe¢Utlon "fthis .A..!nended Development Agreement, if not ·already .~ubmitted. All annual reports ghall oCllltain a seotlot\-by.sectlon llstJng of what obligations have b~en met and the date finalized, as good faith oompliance with the terms of the agreement, The city commission shall review the annoal report at a public meeting., If the City Commission finds; Dn the bJlSis of substantial -eompetent evidence, that there has been a failure to rompl)' with tbe tenl1s of the Agreement, the Agre.emellt 1M)' b. revoked or mDdified 'by. the Cit)'. The obligation to submit an annual report shall conclude upon the date on which the e,gre.oment .ts terminated, MIA,M1329S 183 ,3 76.13/29325 8 .' '2.8 , following: Nofleer. Any notices or re~orts required by ibis Agreement shall be Ifnt:!o th~ For the Cit)': Copy to: Fur the Oompauy: COPT tol City Manager City of -South Miaml-613 0 Sunset Drive South Miam~ Florida 33143 Planlling Director P.lannifig and Zonlng Decpartment City of South Mlami 6130' Suns.t Dnw South Mlaml. Florida 33143 South Mlnmf Corporation Attn: Bruce W. MacArthur, Cl\ainnan of the Soard '5'75'0 SllnsetDrlYB SDuth Miami, Florida 33 [43 Aud N.dine Heidticlt ChiefFciIlaucW Qffleer Wirtz CoI:PomtiOll 680 N. Laka Slime Drlvo:> Suite 1900 Chicago, llllnois 606J 1 Jerry B, Proctor, Esq. :EliWn Bumberg Baf)na Prioo 8< AKelrod LLP 1450 13flck~1l Ave., Suite 2300 Miami, Florida 33131·3456 29. Exhibits. All elthlbits attached hereto contain additiomal terms of this Agree1l1ent and ~ incorporated herein by ref<>ren.oo • . 30, Amendment. This Agreement may be amended by mutual V>'ritron consent of tll~' city and Comp;>ny so long as the amendment meets the .r.equirements <)f the .ct, applicable c-il}' ordinances aod FlorIda la.w. 31. Entit'8 agreement, TItis Agreement repres~nbl fue·entit'e agreement aod 110 prior or presenl agreemcIllS or representations shall be bi11ding upon either tho:> city or COII\Pru\y, unless $paolflcally 1n~orporated h~ill by re&rellce, whether SUOll priot present ggreements hliv.e been made or~lly Dr in writini. Baoh plU't)' affirmntlvGly represents th~t no promi$~' hay. been mi.a. 'to t11~! party MIAMI 3293183.3 76813129325 9 ~ ! ! .' . ilia! fol't not oontalned in ihis Agroo;eot, ,an~ the BlclItbits, aIld stipulates, that no evldenoe Gt any promises not QOlltitn~a III tltl! Agreement, F.I\d the Exhlbits, ~hal\ be admitw.! inio ev!deuoe 011 i~ behalf, This Agreement SMU net be suPFlemented, M\ended ~r tru.>di£ied by any oourse of dealing. course of performance or usos,,{1radellll.d mal' only be amended or~od[fjed hya wl'itten instrument duly executed 'by officers of bolli parties. 32. Third party Beneficiary. This Agreement is exolusively for the benefit ,of the parties hereto and their Affili!dl>s end it may not be ellforoed by eny patty ollier thau the parties to this Agreement and shall not give rise to liabilfty to any third party oth.er than the authorized successors and IlSsfgns of the parties heret~, 33. Porloas lie TIRle. Whenever ally determination is W be made 01' action is to be taken on a date speotfled in this A~ment, If such date shall taU on a Saturday, 'Su.nQilj> Qr legal holiday, 'tben In Buch event said date shall be ex.tende<:l to the next day whiob is Mt'l $atur!1av, Sunday or lest! hoUd~)'. 34. CouuferpaJ1$. This Agreement may be executed (luc1udinll by facsimile~ in one or more counterparts, and by the different parties hereto in i~parate COllnterperts, each of which when executed shalt be deemed to be an original 'but all of which taken toge!her shall oonstitute one and ilia same agreement. 35. Recordation. Withitl 20 days after the Amended Developmellt Agreement hllll been signed by both the ComPIlll)' and the City. the -Gity shall caase II copy of the Amend"" Development Agl'eemtmt to b. rooorded .t the City's expense in the wgislry of,de~ds in Miami-Paue Co.unty. 36. Ab~ndonment ot RIgllt.of.Wa)'. The City agrees to ~'bl>ndpo t~ dsht-of.way adjacent 10 the prD,p&l't)i to the butldable line. The Compa!\~ shail cont~mporaneoU5'l)' &t .. nl fuJ the City an easement from the rlght-of.way adja~ent 'to th~ PIQPerty to the buiklable line for aU future needs Ill' the City, To en~urs that the proposed structure does not Interfere witb Ihe Cilis futwe !leeds, any pel'mllllon! stl'ucture extending out ovel' the City's easement '.b.al! p",vido the City wiili clem-nl)e" as provided 'in the Hometown Overlay District ·It, tbe Land Development Code (IO-feot minimum). PASSED AND D-ULY ADOPTED by the Cfiy CommissionQf Sooth Miami, Florida, this 4th clay ofDecembel~ 2012, MANAGER ATED: '2 -1'7-I :J MlAMJ329m3.376813129325 10 , " • , • ACREEDTOtbi~ /3 dayof~ ,2012, Witnesses: r:/ifJ11fr4 x.. ' 7?4.U'U- Print Name STATE OF ILLINOIS ) )83: COUNTY OF COOK, __ _ ) \ sour MIAMI CORPORATION .... ( .:.... " ,..-~' '''''' \~I""·'!;.. , W,RockweU The fo.egoing instruml:nt was acknllwledgeli befs~ me this loT 1-1 day of Ott \'E 'Nl,5;l'l9' ~12, b~ ow , 1t~~'L\o.,)I!l~\JLI'I,)\j,I~f!tIt.ls personalIyknovm (0 me or produQed as iclentifioatlon" -~<-, (, \~I,...-/ N \>(,\ lZ ' ll.jG.([.\'\ Sig~ Nam~: Print Name: My Commission Expires: NOTARYl'Ui3LlC Serial No" (n0oe, ifblank): _____ _ [NOTARiAL SEAL 1 11 ! ~ I I I I ;