Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
9
THE 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 FROM: Steven Alexander, City Manager Agenda Item NO.:· Q DATE: November 1, 2016 SUBJECT: A Resolution relating to the review and acceptance of the Annual Development Agreement Report of the RRC 57th Avenue LLC [Red Road Commons]. BACKGROUND: On April 9, 2005, the City Commission approved Ordinance No. 12-05-1834 allowing for a Planned Unit Development, Mixed-Use project known as Red Road Commons located at 6600- 6640 SW 57 Avenue, to be constructed that included up to 407 multi-family residential units, retail uses, office uses and a parking garage. Pursuant to Section 12 of the Development Agreement between the City of South Miami and RRC 57th Avenue LLC, executed March 29, 2007, the developer's legal counsel submitted their annual report on February 26, 2016. ANALYSIS: After review of the attached development agreement that was provided by Mr. Jerry Proctor Esq., it was noted that in January 2016, the Property was sold by RRC 5ih Avenue, LLC (The "Prior Property Owner") to SCG Atlas Red Road Commons, LLC, a Delaware limited liability company. The law firm of Bilzen Sumberg Baena Price & Axelrod LLP will represent SCG Atlas Red Road Commons, LLC (the "Owner") and will be the designated recipient of Notices pursuant to Section 23 of the Agreement. The burdens and benefits of the Agreement inure to the Owner as successor in interest. As listed in the attached letter from Mr. Proctor, below is a summary of how the Development Agreement conditions have been met. 1. Permitted Uses, Densities, and Intensities In accordance with the provisions of Section 1 of the Agreement, the Property was developed with a total of 404 residential units, not exceeding the maximum allowable number of 407 residential units permitted by the agreement. By developing the property in accordance with the revised adopted master plan as approved by the City, the owner has satisfied the condition of providing retail space, a management office, and constructing buildings that do not exceed 5 stories in height. 2. Public Facilities In accordance with Section 2 of the Agreement, water and sewer services, solid waste services, and drainage services complied with all applicable requirements of Miami-Dade County and the Florida Building Code prior to the issuance of a final Certificate of Occupancy Red Road Commons Annual Development Agreement Report November 1, 2016 Page 2 of3 of such buildings. The Prior Property Owner satisfied the traffic conditions listed in Section 2(e) of the Agreement by obtaining permits from the Florida Department of Transportation for roadway improvements on Red Road from US-1 to SW 66 th Street and traffic signal replacement for the intersection located at Red Road and Levante Avenue; both of which have been completed. The required annual housing report was submitted to the City by letter dated January 13, 2016. As indicated in the letter, the project meets the 10% requirement that units be rented to "individuals or families in the moderate income segment of the affordable housing group./I Additionally, the Prior Property Owner made a $100,000 payment to the City prior to occupancy of the development on the Property to assist in low income housing development in the CRA area. 3. Taxes Pursuant to Section 2 of the Agreement, the Owner paid taxes to the City in an amount equal to the annual Operating Millage Rate and will continue to do so in the future. The Prior Property Owner paid 2015 ad valorem taxes to Miami-Dade County in the amount of $1,095,085.45. 4. Work Force In accordance with the provisions of Section 4' of the Agreement, the Prior Property Owner gave a preference to job applicants residing in the City. The Prior Property Owner provided those applicants with jobs during both the demolition and construction portions of development. 5. Site Plan The Owner has abided by all site plan conditions as set forth in Section 5 of the Agreement. In addition, the Prior Property Owner participated in a joint working group with the First Methodist Church of South Miami regarding traffic improvements and committed to an improvement plan for the portion of Red Road located between the Prop~rty and the First United Methodist Church of South Miami. 6. Security On May 5, 2014, as part of the approval of the 2014 Annual Report, the City Commission directed staff to review security measures and security reports provided by management at Red Road Commons, to address security concerns. By letters dated July 2, 2014, November 3, 2014, and January 30, 2015, reports describing security efforts and identifying security personnel assisting Red Road Commons management were submitted to the City Manager, Police Chief and City Attorney. In 2015, there was additional discussion by the City Commission on this issue. Further discussions have occurred since the Annual Report was submitted, and the Property Owner has agreed to employ a security firm to patrol the premises between 8:00 p.m. and 3:00 a.m., seven (7) nights per week. Any change to this time frame must be approved by the City Manager. Pursuant to Section 12 of the MWL Z:\Commission Items\2016\11-01-2016\Red Road Commons Annual Development Agreement\RRC_Annual Report_CM Report_l1-01- 2016.docx Red Road Commons Annual Development Agreement Report November 1, 2016 Page30f3 Agreement, no written notices have been provided by the City to either the Prior Property Owner or the Owner. 7. Schools The Prior Property Owner donated $34,800 to the Miami-Dade County School Board on September 27,2007. 8. Unity of Title The Prior Property Owner submitted a Unity of Title that was recorded in O.R. Book 25496 at Pages 47-51. Please refer to the additional detail contained in the report submitted by the owners' representative. RECOMMENDATION: Staff recommends that the Commission accept the attached Annual Report MWL Z:\Commission Items\2016\11-01-2016\Red Road Commons Annual Development Agreement\RRC_Annual Report_eM Report_11-0l- 2016.docx 1 RESOLUTION NO. ____ _ 2 3 A Resolution· relating to the review and acceptance of the Annual 4 Development Agreement Report of the RRC 57th Avenue LLC [Red Road 5 Commons]. 6 7 WHEREAS, the City Commission at its April 9, 2005 meeting approved Ordinance No. 8 12-05-1834 allowing RRC 57 th Avenue LLC to construct a project that includes 404 residential 9 units and retail space. The approval included a zoning map amendment granting a PUD-M zoning 10 district, an approval of a master site plan, and the approval of a Development Agreement; and 11 12 WHEREAS, the City Commission approved a Development Agreement for the mixed use 13 development project, known as Red Road Commons on April 9, 2005 via Ordinance No. 12-05- 14 1834, which agreement was fully executed and was recorded in the County registry of deeds on 15 March 30,2007 as required by Section 30 of the Agreement; and 16 17 WHEREAS, the Development Agreement includes the requirement (Section 12) that the 18 Applicant submit an annual report to the City at least 30 days prior to the annual review date which 19 report is a status report showing that obligations have been met and that there has been compliance 20 with the provisions of the Agreement; and 21 22 WHEREAS, the Annual report was submitted to the City on February 26, 2016 from the 23 developer's attorney Jerry Proctor, said report concluding that all of the obligations set forth in the 24 Development Agreement are met; and 25 26 WHEREAS, the annual report in accordance with the Development Agreement must be 27 reviewed by the City Commission at a public meeting and the City Commission may accept the 28 report or if there is a finding by the Commission that there has been a failure to comply with the 29 terms of the Development Agreement, the Agreement may be revoked or modified by the City. 30 31 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY 32 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: 33 34 Section 1. The Annual Report submitted by RRC 57th Avenue, of the property located at 6600 SW 35 57 Avenue as required by Section 12 of the Development Agreement is accepted as to compliance 36 with the Development Agreement under the condition that RRC 5ih Avenue LLC shall: 37 (a) employ a security firm to patrol the premises at 6600 SW 57 Avenue to monitor 38 unauthorized behavior and respond to complaints or suspicious activity; and 39 (b) security firm to patrols shall occur on foot or by golf cart type vehicle during the time 40 period between 8:00 p.m. and 3:00 a.m., seven (7) nights per week; and 41 ( c) RRC 57 th Avenue LLC shall work with the City Police Department to monitor crime 42 statistics and determine the best times to patrol the premises; and 43 (d) The patrols times may be amended but only if approved in writing by the City Manager; 44 and 45 (e) the acceptance of the Annual Report shall not be treated as an agreement or consent to 46 any request that may be contained within the report; and 47 (f) ifRRC 57th Avenue LLC fails to comply with the foregoing conditions, the City 48 Commission's acceptance of the Annual Report shallbe subject revocation and the City 49 Commission reserves the right to revoked or modified the Development Agreement. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Section 2. This resolution shall be effective immediately upon being adopted. PASSED AND ADOPTED this ___ , day of ________ , 2016. ATTEST: CITY CLERK READ AND APPROVED AS TO FORM LANGUAGE, LEGALITY AND EXECUTION THEREOF: CITY ATTORNEY APPROVED: MAYOR Commission Vote: Mayor Stoddard: Vice Mayor Welsh: Commissioner Edmond: Commissioner Harris: Commissioner Liebman: -.,. HAND DELIVERY Steven Alexander, City Manager City of South Miami 6130 Sunset Drive South Miami, FL 33143 February 26, 2016 C~ Bilzin Sumberg Jerry B. Proctor Tel 305-350·2361 Fax 305-351-2250 jproctor@bilzin.com Re: Annual Report of Development Agreement for Property Located at 6600- 6630 SW 57th Avenue, City of South Miami, Folio Number 09-4025-026-0010 Dear Mr. Alexander: Please accept this correspondence as the annual report for the property located at 6600- 6630 SW 57th Avenue, South Miami, Florida (the "Property"). The Property is developed with a mixed-use community commonly known as "Red Road Commons." In 2007, the property owner and the City of South Miami (the "City") entered into a Development Agreement (the "Agreement") related to the development of the Property. The Agreement, a copy of which is attached hereto as Exhibit "A", was recorded in the Public Records of Miami-Dade County on March 30, 2007. A modification to the Agreement (the "Revised Agreement") was recorded in the Public Records on March 25, 2010, and is attached hereto as Exhibit "8". Pursuant to Section 12 of the Agreement, the Property owner is required to submit an annual report to the City. Please accept this correspondence as the annual report. In January, 2016 the Property was sold by RRC 57th Avenue, LLC (the "Prior Property Owner") to SCG Atlas Red Road Commons, L.L.C., a Delaware limit.ed liability company. The law firm of Bilzin Sum berg Baena Price & Axelrod LLP will represent SCG ~tlas Red Road Commons, L.L.C. (the "Owner") and will be the designated recipient of Notices pursuant to Section 23 of the Agreement. Pursuant to Section 20 of the Agreement, the burdens and benefits of the Agreement inure to the Owner as successor in interest. 1. Permitted Uses, Densities, and Intensities: In accordance with the prOVisions of Section 1 of the Agreement, the Property was developed with a total of 404 residential units, not exceeding the maximum allowable number of 407 residential units permitted by the Agreement. Development on the Property does not exceed five stories as limited by Section 1 (c). Section 1 of the Agreement also statea the Property shall be developed with retail space _ and a leasing office. The Owner has satisfied this condition. Development of the Property occurred in accordance with the revised adopted master MIAMI 4915380.1 77430127649 Bilzin Sumberg Baena Price & Axelrod LLP 11450 Brickell Avenue, 23rd Floor, Miami, Florida 33131-3456 Tel 305.374.7580 I Fax 305.374.7593 1 bilzin.com Steven Alexander, City Manager February 25, 2016 C-:;) Bilzin Sumberg Page 2 site plan as approved by the City and occurred in one phase. Pursuant to Section 1 (f) of the Agreement, a building permit for development of the project was applied for within six months of the date on which the Agreement was signed. The Certificate of' Occupancy was issued in December, 2009. (See Exhibit "G"). For additional information, see the letter dated December 4, 2009, submitted to the City regarding the status of the Development Agreement. This letter outlines the numerous construction- related requirements in the Agreement and the Owner's compliance therewith. (See Exhibit "0"). 2. Public Facilities: In accordance with Section 2 of the Agreement, water and sewer services, solid waste services, and drainage services complied with all applicable requirements of Miami-Dade County and the Florida Building Code for all buildings prior to the issuance of a final Certificate of Use and Occupancy and prior to occupancy of such buildings; The Owner paid $997,895.20 in one lump sum to the City in satisfaction of its responsibility to meet park and recreation concurrency as stated in Section 2(d). (See Exhibit "E" for a copy of the payment). In satisfaction of the traffic conditions listed in Section 2(e) of the Agreement, the Prior Property Owner obtained permits from the Florida Department of Transportation for roadway improvements on Red Road from US-1 to SW 66th Street and traffic signal replacement for the intersection located at Red Road and Levante Avenue. Both projects have been completed. The Prior Property Owner has completed the remainder of the traffic improvements listed in the Agreement. The housing-related requirements contained in Section 2(f) of the Agreement obligates the Owner to rent 10% of the units "to individuals or families in the moderate income segment of the affordable housing group," defined as individuals or families who are within 80% to 120% of the Area Median Income ("AMI") for Miami-Dade County. The 2015 AMI for Miami-Dade County was $49,900. Individuals or families falling within 80% to 120% of the 2015 AMI had an annual income between $39,920 and $59,880. In compliance with the above requirement of Section 2(f), the Owner rented at least 10% of the total units to individuals or families falling within that range. The Owner has established a reporting procedure with the City through which the Owner documents compliance with the requirements of Section 2(f). The required annual housing report was submitted to the City by letter dated January 13, 2016 and has not yet come before the Mayor and City Commission for review. A copy of the January 13, 2016 report is attached. In addition, the Prior Property Owner made a $100,000 payment to the City prior to occupancy of the development on the Property to assist in low income housing development in the CRA area. 3. Taxes: Pursuant to Section 3 of the Agreement, the Owner has paid taxes to the City in an amount equal to the annual Operating Millage Rate and will continue to do so in the future. The Prior Property Owner paid 2015 ad valorem taxes to Miami-Dade County in the amount of $1,095,085.45. (See Exhibit "F"). 4. Work Force: In accordance with the provisions of Section 4 of the Agreement, the Prior Property Owner gave a preference to job applicants residing in the City. The Prior Property Owner provided those applicants with jobs during both the demolition and construction portions of development. MIAMI 4915380.1 77430/27649 Steven Alexander, City Manager February 25, 2016 Page 3 CJ Bilzin Sumberg 5. Site Plan: The Owner has abided by all site plan conditions as set forth in Section 5 of the Agreement. In addition, the Prior Property Owner participated in a joint working group with the First Methodist Church of South Miami regarding traffic improvements and committed to an improvement plan for the portion of Red Road located between the Property and the First United Methodist Church of South Miami. A letter from the First United Methodist Church of South Miami verifying these discussions is attached as Exhibit "G". The improvements listed in the letter have been completed. 6. Security: On May 5, 2014, as part of the approval of the 2014 Annual Report, the City Commission directed staff to review security measures and security reports provided by management at Red Road Commons, to address security concerns. By letters dated July 2, 2014, November 3, 2014, and January 30, 2015, reports describing security efforts and identifying security personnel assisting Red Road Commons management were submitted to the City Manager, Police Chief, and City Attorney. In 2015, there was additional discussion by the City Commission on this issue. Pursuant to Section 12 of the Agreement, no written notices have been provided by the City to either the Prior Property Owner or the Owner. 7. Schools: The Prior Property Owner do.nated $34,800 to the Miami-Dade County School Board on September 27, 2007. See Exhibit "Hit for a copy of the payment. 8. Unity of Title: The Prior Property Owner submitted a Unity of Title that was recorded in O.R. Book 25496 at Pages 47-51. See Exhibit "I" for a copy of the Unity of Title. In summary and as documented above, the Owner has diligently pursued and completed development of the Property and has met or commits to satisfying all of the obligations set forth in the Agreement. Thank you for your attention to this matter and please do not hesitate to contact me if you have any questions or require any additional information. Sincerely, ~r~~ JBP:id Enclosures cc: Maria Menendez, City Clerk Thomas Pepe, Esq., City Attorney Gabriel Fisher, Red Road Commons Colleen Yeager, Pinnacle Living MIAMI 4915380.1 77430/27649 t-, .{ . ~J Bilzin SU111berg ATTORNEYS AT L,',W Via Hand Delivery Mr. Steven Alexander City Manager City of South Miami 6130 Sunset Drive South Miami, FL 33143 Re: "Red Road Commons u Property: 6600 SW 57 Avenue, South Miami, FL Housing Report Dear Mr. Alexander: Jerry B. Proctor, Esq. Tel 305.350.2361 Fax 305.351.2250 jproctor@bilzin.com January 13, 2016 Our firm represents the owners and operators of the uRed Road Commons" mixed use development at 6600 SW 57 Avenue (the "Property") in the City of South Miami. Pursuant to the Development Agreement between the City of South Miami and RRC 57 th Avenue, LLC, a copy of which is enclosed, a minimum of ten percent (10%) of the residential units on the Property will rent to individuals or families in the Moderate Income Segment of the Affordable Housing Group. This requirement is contained in paragraph 2f on page 3 of the. Development Agreement.1 Determination of the Moderate Income Segment is made annually through the proviSion of the Area Median Income from Miami-Dade County by the United States Department of Housing and Urban Development. The area median income for Miami-Dade County is $49,900, as determined by U.S. Housing and Urban Development in Fiscal Year 2015~ Moderate income is defined as those earning between 80% to 120% of the annual median income. Accordingly, the . current income level per unit to comply with the 10% requirement is between $39,920 per year and $59,880 per year. Enclosed please find a list of the units where the residents comply with the Moderate Income Segment and, therefore, qualify the units as such pursuant to the Development 1/ I have also attached an "Amendment to Development Agreement," recorded on March 25, 2010, that did not amend the housing component of the Development Agreement. MIAMI 4877482.] 77430/27649 BtLZIN SUMBERG BAENA PRICE & AXELROD LLP 1450 Brickell Avenue, 23rd Floor, Miami, FL 33131-3456 TeI305,374.7580 Fax 305.374.7593 www.bilzin.com Steven Alexander. City of South Miami January 13, 2016 Page 2 Agreement. As of December 31, 2015, 390 units in "Red Road Commons" were rented out; accordingly, the attached list of units and incomes complies with the 10% requirement. I trust this submittal complies with the annual housing requirement iii the Development Agreement. Please give me a call if you have any questions. Sincerely, ~/~ . t Jerry . Proctor JBP: id c: Maria Menendez, City Clerk, City of South Miami (w/encl.) Dwayne Williams, Planning Director, City of South Miami (w/encl.) Thomas Pepe, Esq., City Attorney, City of South Miami (w/encl.) Gabriel Fisher, Property Manager, Red Road Commons (w/encl.) Nazar Elwazir, Equity Residential (w/encl.) MIAMI 4877482.1 77430/27649 --~ ~~ BILZIN SUMBERG BAENA PRICE & AXELROD LLP r L I I I I I 201S.Meiro Dade i AMI·.as set by HUD !' $49,900.00 . i '80% to 120% of AMI Moderate Income I Definition as set 'by or' $39;920 to HUD $59,880 . Total number of I Apartments leased as of December 31, i 390 2015 . Units in complian';:e per. Development Agreement .41 Apartment Unit Type : ,~ ~ .. ,' A-100 1x1 2 A-202 1x1 3 A-407 2x2 4 A-410 2X2 5 8-103 2X2 6 8-106 1X1 7 8-116 2X2 8 8-112 1x1 9 8-209 2x2 10 8-220 2X2 11 8-307 2x2 12 8-323 2x2 13 8-329 1x1 14 8-426 1x1 15 8-521 1x1 16 C-202 2x2 17 C-309 1x1 18 C-409 1x1 19 C-508 2><2 20 D-202 2x2 21 D-203 2><2 22 D-206 2X2 Initial. CertIfication. Dale· . 8/1/2015 5/2512013 8127/2014 8/812015 1013112015 12/5/2015 6112/2015 8/1/2015 6127/2015 3/9/2015 9/16/2015 9/25/2015 8f18/2015 9f5/2012 8128/2015 811312014 7/16/2015 5/412014 8/26/2014 8/812013 8/25/2014 8115/2014 Red R6adCommons Affordable Ho.Usihg. Compliance Report fo,'YeareniiingiJ'ecembe,31,2015 Lease ~xpiration PElle 7/31/2016 7124/2016 7/26/2016 817/2016 8130/2016 10/4/2016 7/11/2016 7/31/2016 6f26/2016 7/812016 7/1512016 8/26/2016 8f18/2016 6/30/2016 8/27/2016 8/12f2016 7/15f2016 7/312016 MTM MTM 7/24/2016 8/14/2016 f\nOt:Jal'Lea!;i9 Income as.. Ir(Qo[Tipljance of : JI:tgf,~f~ .~o I.~.~:<·; '.'; ", ·.i.: .... $50.124.001 1 100% I I Y $48,000.001 1 96% 1 I Y $48,000.001 I 96% 1 I Y $51,273.001 1 103% 1 1 Y $55.896,00 I 112% Y $55,200.01)1 I _ 11J%_Ll --'.L $51.300.001 1 103% ! 1 V $51,000,001 102% Y $51,000.00.1 1 102% 1 1 Y $54,000.001 107% Y $48.000.001 I 96% (I Y $48.000,001 97%% Y $41,800.001 84% Y $46,500.001 I 93% 1 1 Y $49,500.001 I 99% I I Y $51.000.001 I 102% 1 I Y $59,367.001 1 119% 1 1 Y $55,008.00/ I 110% I I Y $49,448.001 99% Y $46,500.001 . 93% Y $48,000.001 96% Y $49.448.001 99% j, ;Y '1 Actual lease :." Rate $1.693.00 $1.721,00 $1,693.00 $1,693.00 $1,950.00 $1,450.00 $2,483,00 $1,693.00 $1,693,00 $2.445.00 $1.693.00 $2.295,00 $1.693.00 $2.301.00. $1,800,00 $1,693.00 $1.693.00 $1.785.00 $2.055,00 $2,179.00 $2.010.00 $1.693,00 -----... -.-... --.. -.--.---.... -.-.~.---_____r_---~-----~~---~-___.,..,-----_--_-___ - 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 D-301 2x2 8/19f2014 . 7/18/2016 $56,910.00 114% Y $2,080.00 0-309 1x1 5/17/2013 7/16/2016 $46,500.00 93% Y $1 742.00 0-409 1x1 5/4/2014 MTM $48,000.00 96% Y $1,625.00 E-105 lX1 811412015 8113f2016 $57,600.00 116% Y $1 555.00 E-220 2x2 8/31/2015 8/30/2016 $56.910.00 114% Y $1693.00 E-222 lxl 1f13/2015 8/12/2016 $51800.00 104% Y $1,693.00 E-232 1x1 8/7/2015 8/612016 $48 000.00 96% Y $1693.00 E-305 2x2 8120f2013 8/19/2016 $57,364.00 115% Y $1,902.00 E-317 1X1 8/15/2014 8/14/2016 $48,000.00 96% Y $1,610.00 E-332 lX1 812812014 MTM $48,096.00 96% y $1,659.00 E-405 2x2 9/4/2014 8/3/2Q16 $48,000.00 96% Y $1,693.00 E-407 1x1 8/15/2012 8/14/2016 $59,36r.00 119% Y $1,693.00 E-409 2X2 9/1712015 7116/2016 $51,273.00 103% Y . $1,693.00 E-413 1xl 1/212015 1/1/2016 $48000.00 96% Y $1,354.00 E-417 1xl 8/28/2011 MTM $48000.00 96% Y $1,354.00 E-421 lX1 3/5/2014 714/2016 $56910.00 114% Y $1,920.00 F-101 lxl 8123/2013 7/21/2016 $59,367.00 119% Y $1,693.00 F-l03 1x1 8/27/2015 . 7/26/2016 $56,587.00 113% Y $1693.00. F-l04 lxl 9/28/2013 10/27/2016 $51800.00 104% Y $1,693.00 . 0% General Notes: Hun Definition * People with incomes between 80 and 120 percent of the AM! are moderate income." "'state of the Housing Counseling Industry, US Department of Housing and Urban Development, Office of Policy Development and Research, 2008 Report (September 2008) *http://www.huduser.org/publications/PDF/hsg counsel.pdf • • . 1 ! ... .-• Development Agreement I ! I 41 l : : \ S ~ . 2.f -Housing-A"requirement of ten percent (10%) of the units will· rent to 'individuals or families in the mOde'rate income segment of the affordable housing gro~p. If the residentiai units convert to . condominiums, len percent (10%) of the units will be sold to individuals or families in the moderate income segment of the affordable housing group. In analyzing compliance with this paragraph, the City shall allow minor deviations resulting from short lenn vacancies. Incomes shall be based on Area Median Income (AMI) as defined by the U.S.·Oepartment of Housing and Urban Development. Proof of compliance with this requirement on an annual basis shall be provided in writing on or before January 15 of the following year to the City Manager. EXHIBIT '""'-\\6 '1 " ThIs '!;l.qlnmrelll:prep:al'e.d 1!t'lderiht:.,su~rl&i.on: and,~ihen'~dedletuf!11A: " '¥~~t.i1}E=o~~~:&~~ 1L.P Suitel:$OO Ml~'i'iii Flti't-loo J~nt";ll36 .'". ,'.'.. . ... :. This, Devcl'epmeniAgreetnent 1s 'uiiitieJ as Qfj)hls~9~ daYO<l1Vl\~!i'"~ 2001~by al3d bet\\.'e.en:, tll~d'ity; 6:fSoutil M~aruj~ Florida, a m~!dcipat '~r.peratton (~C&tY') 'andRRCS1tli Avenu~~I,.~Gt,\A;.:pplk~~,r): '. hdo\~', ~f~:'!n~e;e~~M:'~:~~1:~~~6 t.!l=:':Wc:~b:~~~G~~l::= ~:::. ;'=:S~$n5iE~t==~~=: !'~g~i)'i, :!~~:~~~Ale~:j,:1~:~s~~;~::~~riJ~'D~~is:~,hj~~::: ~U;~~1F~~:!i' Strecl 0tbe:"~PrQjf.~rty'IJ~ ,anti ~:£~1$'E~::~EE~=:;~!~~!~=~J!Z WHEREAS. the nl1.1i'lda LQeal GO\'enill)Ci1.n De,VeiopJtlent Agrefu.11c:nt Act, set fQrth jll s:ettidilS, hS3.3:2Z{) -1{533:243; FJO:t1da$tattl,t(fs, (fh,e. "Act") pr,o\r;ides fur the execution of deveibPil~eJji 3gP'e!eJ:l')wts to Insure that :the law in .eiiectat the time 0f the ,¢xec.uticn of th~, d'evelopmenf a~e..ettient shaH g;Ql"ern lljedeve;l(:I,~ITIei1toi the la:nu fQt the duration of the ~gre.ei:nci)t, NOIf. THEREF(!)REslrt CQlisidetati{m of the coven~:r1tsf oon~JtjCln:~l anapromJ'ses herein contaillerl" the re\Z:eiptan:d suffiCiency of which are ,e,xll\ressly ackno\f.4e,aged,Applicant' and the Cit~chereb:y agree as foH.o.w'5:' MlAM't8J9~[~I~ '7j,2~~t~1~ 3h.i;Ji01 ' I I L i I t I ! I' ! ! I' r I j I I l' I; i , ,.. . i# ....... L a, b. 2. d. ,l:'~fted. 'OW$. nmit'ies, .and Infimg1tie~. :Pu~'1t ill} th~P.m,~itlms: ·of ~f'2G LIOO1~lo···Mt R~t1ons of too CitJ ofSoufu Miami. the ~~i1y~n.~b~·~~~~'~~:~UQ~ng~ .' . '.' . . ....... '. '. '. net¢shaJii '~!!IO m:Qre th$;a:407 f.eslde~~ ~ou th~ FroperiM. the ~tQperty· $imilLaloo bedey~O:ped. with retEU1:spaceand.a leasing u..i1'c¢ .. ~~lopl)~~Qn t'1l~ PrqperlY shan nQt e~~d live ($) sttiri~ abri~ ~e.. ifL 00i@1t ~~~!~~:n~~ritfOtcl!cl:~i:~Q:h::: =::::U:d::;: coIri.tflercilli 'S'J;luate$i;" . ·pursuoot~(,l.l;tl!;'d6~,20J';1. 'CityQ&i;!:e.. De~~lp~m.'ent bfilie :l?ro:perty shttllbe inane (ilpha..~, ~~~~i1=~:i:$:~ a~===£~:::~!!~~ ~;:~et~~l"i~ ~thQf~ :rci.":c!~:: ;;~~~~~W::,~:;~~~~t6:~U;~t!iri~~~~!~~WltM ~;::~~1~e;:~~:~;Yb::~~~~~irements arth~Flbr1aa,~ldfug Code B~~~ otllli¢pfQ~t!';\d~sidentlal population'on thePr<o.pen:y; Applieam ~~s to ..4"nat . $92'8 000 itt dll· 1 nr . e.··ina· its' ..•..... -nsibltihY for fi1 ""'/if",,,, .' .' ik ..... ..l UQ..e •... ..e 1.l,p .,~ .. ~ ..... respo .. ,1 ." .. e,..~. par auu ~~~::E!~=~=5~iE e. Traffip~j\.pplicani ~!i obt~ n~si1tYgovelJlli:lfi;ntaI approvals; andcaus.e to have placea Qd\1pern!tn~t ~s~Parate leff",tum, r}.()irtnbounrl ~.ntt8J1Ce 1.a:ne on Red !toad (SW 57 A.ve!llUe).1nto the Iibrtbet'mnost'proptised',driveway on :&oo.R,'9a.4 on tlleIJ[Dperty;priortc) the occUp~:cyofany ooi'ldfugs 'OR the Property: In addition. Appiiciirit wilf preSent p1W witlUn W,Q (2) years ~tW the-ff.'C¢rdiP.$' bf this 2 r 't. f. 4" 'D~Weklpmellt Agreeilleut tQ~gti\'firntrtC1:naJ' ~$.t1ii%h'i!'!~i~nclu~l1:g:tbe Flo,rUli'ji 1)epa~entottransptH:taH{}l1. fb;rbeautiiflcatfon of [be me.di;ari .area t@con9ist·of ;cu:h .an:a. ~tt~·~\3?r6V~e~ILS;;l:jl1p;.!~Sti~p1bg;1~ ~h~p~terot1ted~Ad .~S\i\f .57' A:~~ueJ;dlJ:;ec~Ny SQu;tlt of ,tJle: !ij1~fl~{}.n of;g,etl ltoadan4 .~;Q,t)w; d~ ~n ~~ir:!t:'~v~:i:~'!~ .. :a-:~1::::S::~t~~:~~:~~~:=~~~;aUfuGrities, ~;;¥5~Si~E?:E~:V£i ~~:~~r.;i:r~:~:~~=~: T~:Mt.';$$eS&l~nts:; for tneProPel11·Yitn. accDr-clani:ewi'tti tM. n:,·\v,56;f Mla!\11i';'lJade Cotinty; ~~~i*~l~i~rfiiE~~1~~ of s.(n;(~ ~1i~YRh ova suhsriM~ de$igpee. ~y the :City Mana&;er. \)r.ior to.?t OOt1I,mtrent \Viib:. rh;ets$u~nii.e oJ any ()) bid$. for '6~ilsm:Jct:itm' woJ.)k oij 1'4f! Pro~fty. Cli' bfdi;. fqr t~n:HPti:1ty ot penn.~1~tlt m~i:i1t~a.n~ wor.kqn Ih·~· Pn;,pooy, (}}! (~)ptppl;lSlils for leasing: of retaU space on. the PrQPMy. In regar.d to ~e~7t~:··.:1~1~:f~%~<:~~~:~~$1~;~:.g:1t)~e~~=t~~~!;;:.:!~=~!t~~~. eawUda:tesal.cequaJmed fur the ,positions in· questibh~ In addititm f the. Applicant shan hire. r;Vorestd.ems frol'ifue eRA ¢tlsidttto assh~tthe AppHc~mt In prov1ding cp'ns~uctio~) ~rvlt¢$ dlu:ing th~ :periQd of consmtction ami developrnent or tl'te Property .. paym:en! for ihe1)QsitiQi:is.sliaHooat Applicant's ;role experr..£eand shall be t6n1itienstirate \Vffh sbtdlat' JP'b leveI.s and respon$'ihiHties 'in CQIDIH'\table itiduSl.fle~k . . MJAMJ &1 93i(i,1 oS 1ii26fjti5~1 3il~fo7 .... 3. a. c:. j. k-'· .. ~ite PJait~ AppHtant&haIi tetalnstQffilwatet dratitagerrunni'f on ,Si:l:e In '\1oc.Qt4~c~ with City te~U:l-a1Jpnsi ' , kpplicanbshaU pmvii1e{'!nslte.s:ecl.tlitY~AIi part of 00 'site soourlt¥ ro 15e ~tQ,;t.lded ::':: t.;:!:~;:~!:~~:~:h:'~d~:.:~r:!!:;:~1:~~~e::!1:=;, access h)' :publi~'safety >"ehi<C1es..' , ' ~=E·~=~4~~:=~S::~pr;=~=:~ ;;1~r:~~;~::~;!O~~:=r:~~~~:,":lP~:!· t)\l~hetVi;een thf; noursw:lf7:00,A.p.Land TO:OOAJ~4 •• Muad?ythr.eu,g11 Rnday.~ ~~r~:::~::,:;~t~~:.~·~1=~j:d~;!:'t:-~~~6~;~~:ri~!tb~~~r~~~~)i~es;~" ~i;~btif:~'S~~i~Mr~a:'Q:~~'~~~f;~;~:l~i~i~:,lii~~=rditlated. ~ii{~j[~1fj~~if~i tii$ts;t~~Jti.I't~·rq~l~, ~j:~dS!:~!J~tt:g::l:!~~:~~~si?f'7fq~l hig~:G~$waIl1)~~w~e!l t~e :~6:~~:t~~~::p:~~i~~i,;~~r~~:k~~~)~::~~o:~~t:~~~1,~~~:~d~;!1=~t e~llpJoyeef.; are u tHtziitg the .asslgnedpatkullg';. Applk:inlt sfulllpriNlde; 'a itt.ast~r sigll~gti. pJan tfu' pioj~ct' iHfiJitiikauQu." tl'4ffii, routing, fU1tl' teH~H' $tOre~pTtClr t6fin~1:prdJ~(if. apPf?valhy tije BiTvfi:O,~llnelilai Review and Preser\!;aiion Ba.ard{ERPB.j'.· . Ap~Hc~nt shall llmit 6nslte ligbfin,g:propeltyedges to ~ tMh-:artdles of,lhteus1ty at 'an 18 iilCh h.eight; 'V;.thiilsikrt)dn~h$' ofprojeci' completion the appll(.fant IS 10 provine a Ccllifioo report on lliemandatoo illmtliriafioll level. Ap,j;iHcant 1$ 10' assilre that the r~fus~, s~1"vite ar;¢as:'~h:~tl he large e!iQ1igll to accQmtm)d~~e ~~~1ite d.-~lmp$ret$~ The iin~J i;nnnb~ lin4 :dinl"eJ;isii}l~$ '~! serVi~e MIAMj:,~tmlo.l:S 7~2.(i~I:s:~t l.t!J),'Ij'j 4.. '!lXf:re.S shal)! b~ 'tl)l~~ed by the Ertviromn~1ai R~ie:w iIro,dP:pe~wvattpn -g\}ard {E!&PiBJat fmal '~llrG¥a)1 stage and ~adopted 'arid :il1ccij1JOi;at;oo as'. am exhlbU to the, ))e~ie1qpn_t{mt Agroomentptior:tm finalapp:fOva1' ot:th¢u,e1i"ciopnrent Agreement L A~lp~ki~lg illild' streetJmpt.P,\r;em~tslPlaced t'll'J,U\E' :pub~l~clght~Dfi'\¥I,i;}t on 'S'\V 57 A\f.;f.tntneb~ 'ifre App;Jaeanb-sllaUbe ,m-a1ntainoo\vlfh. $Urid£ from' a niaihtooancebond! tob'¢: Pbste(i' prior to :pertuit i~uaP:ce in'. ~oord~with ruJes:·of 'iffie,F16tida: De'$Tt:rn~t 'QfTra~<ra1;~tiQ!,1, ProQ(ofpostll'l,g ;of theboIld~rr!lH beprCivhM;t.d ~, fu.l}':Clt~{i . . m. App:rt~tmt ,must Hmit the tyPesof~~U esta:biishm~t5 hi ti.id~t· to a'SSwe that the ~tiuire(,l, ~kip.! -dQ~note~C¢e~ the 1\'1i~ial r:e:tai~ pat'k.itig a1tpca1frQl.+.~ the ':!~t~6:~a:tfr~in~~=:\~~~r:am::tti~~~i;;:=~:.!·~~r:~~~~:~+· 11; Ap~lie~~LinS:tl!;nru:l slrl~v.!alks M~$hO)%;fi (;ttl tlie :aQPp('¢cr,'t\~4!ets}'tep'bl1);; 0; i~pp.j$-t,~nt sbaU ~~~ ~pthe ;P'a5eo 'UT) the: 14'Ql:,1:h'S'itje 'ass.h~~\~o~ihe' a.t}l!i!nded;:'S'ite pl~l, as~ ~p:l\o,~ed by the ,Flanning 8oard~ inotd,¢r <t6breakup tht: loll~ 1E'aa~de of tbe .rM~tien'tiaJ ,btta~n~, q. Ap;p1tcan;t -~~lh~;CllY$:Q:cliaSf~ Q~ thlipcqm~er ¢f1:Q,P,l:~l~,;Qf:~ .loading·~eit p:l'i'or to thefinai approval'oftIae' Deve1oprn.enr A@;-eement.. TIile,rllm~nsihn.s;;and, local10~1fr of thE'. ioiitdiP.;g. :ztm:esshall be attached . as :qnexlli'bit to the. ne;!.~eli;ipliiel1t A~eel!J,1el1t~ . 9· . ,',', .. Applicant 'Umi8r~~nd!Y I'.i:ud agrees' that fIle City max :eJaIFinate the orr"'Str-eet parld.ng~e~located CllS\V 66 Sltt.'1et . App1i~aiJt' $N111 PfCiVl<l~' l})01pa~kl:Dg space~ [~~rhic.h l11~y lzfe reql).c~4ill ac~r.~anc-ewhh COI'Jaitilln #5{hr~ql,ti1;~gr,~ovil' 6f~n~-streetpark111g 011 SW' 6?' ::::;~:!~~i .,~ .~mbhii:ttlQn.Qtpa.lik;ng t4ta~~,. aSl1Q'aO s:i1t~c,e Iptt_ahdQn·sif.~' 5, The A;p~~i~t"vitl cPI;i1;UJ;i't to~qp~~ iila joint WOrki~.g ,groiJrpwitll tnef'ir!'t Metlfurlisl Chtife.il of S6t.t~h Mi:ami. and 'fi~iliU:eipaJ~ c~unW alld state a~iWJJ$ to dey~:se a 'tan .. mtirual1v'x.ire.eihlefo A' UcaH!;QM tl1ei F1t'stUu'tm t\ieth6d't ". .. p-.. ._ ~... '. . P'P .. .. . . .... -. J._ . _ 1.5. Ciltti:ch Gf$cmtn )~~~mu, far ptldestriID1 il'l~pl'Ovememts and o¢autificatlold"Qr R~ Road. AiP.,p!icant..,riil contribute {he 'CDlls1'mc,tiOl'l..oos1of spec-ific~edestri~n eM!iil1CeQ1ents ngreoo ulpU!;l by' ApFli:c.~p-t '$,ld the First United M'ethodist ChtIrch (}f'8t.~uth. MJatnL . . . The,A'p.pl'icarlt willpresetlt plattS for trfl,ffl:c pem11ts hidica(mg, travel la.i'les of 10.5 fdet 0.11 Red Read l:.S'W 57 A venue) limP. If appro-veo, wili create an. enhanced 'iltl.11dJng rone'l for pedesrrulns in me center of Red Road between the Property. Md ~h¢ Eits{ United Moethodlst Church to the east, subject. t6 the $ppmvai 'Of Mi'a'ri)i:-D?d?CiQ:t~o/ .aJ:ld fu~ State ofF1pn4a Dep,.$1mrot ofTTanspott~{iQii~ MM.Mi S'l~jHI.·j~·71i;OO:n5jJ J~ailim I I I ,t. The: Ap}}Hca,nt '$~n rt\?t ©\~fld ,1{ 31qlse.lev¢leq~ toO tne amhinn;t bacltgrou:nd Ie~l,el at mrlJ~P .14:,:at' ;alocaMGiniiliiaoo . .'lIt to the, PropertY to· be seleCted by tbe P1MningDir.e.ctor~ s~idj6e.tit!t1il11i~ Chan~e n:Q1Jl ;tirne to time, u. The. Appiicaill shal~rohia:lp; app!Q"al tmmthc . City 'of ,~p:~rkmg; ~lan ror constm6t1cn 1\I\'Uf:kier:spriw tm theh~sJrcl1ce ofa hulidin~p.eInift Seh09JS. In au:effurl tnasslllt' P.uhl1eschco.ls ]noated'\li~fuih the city,; A~plicant voti.Uitadl"){ agl1e~l? ttl d-otJate,~4~W0 totheMi~H1?i1~ Col~m~1 s¢hoolB()arG ('~SQhQql ~Q~r4j)i, tQ ~e .sp.'ecific~N eaIfl:ll'al'kedfur ,eapllta1: impt:()\~emen.ts at puMic scibools l(}~l~ iiij tl1~Gity; Th:e:A:pp1tt)!U1t~S ,do1i~Qn slt~[he.p.at4 l~~n. the is~\:t!),up~pt~:, Cm:ifjc~t¢ 'ofJ1se::$d QCic<v:pal'lcyfutth~ first r~$,j d~tihluMr '(;fll the PrCip~)k O«:lslro~, :.;},1 be; made jointly 'hw &e Cit)' ,s,nci Jsc1:mdl fBGar:d~ ial}O ~riiii~E15?t~;S !h<ttth~, g~hb:o;l Board a.nd t~ ("ttydetemtitJ,es will :eriha).1ce th~ct:micu,!urp, and rlre ~tudents" ~JtI:e-!;'id[tl'~1fthesuhJwt'sehooi~ educational el['perlimce. t<:efmS ,of the: eE.z=:~':iJt::~ ~\~~~sS~::t= Unit\' of Title. Ap'pliGm~~ shaH sllQmit ,ft, Unity of Titie, ,j:mrsllfu'1ltO the ,ii.: """,' 1'" "f"6<'",,~;' "";)O~'A ,lB'(l\CiLC':d' ' f"'<ilmrem,ens,o ~VlC\lQ:n7"', "",r \1·1;.'''1 .oe. NOW'THEREFORe.the City; incol1sici:eJ."i1tlan,oI tneprenu;;~5.~;hereby agrees: as: ft) lI:O~\J&i . S. \t'Csting~ A&101l;g asthecievi!iIDp.1TIent Gft the PIopeFty is in o@mpliance with this nfl~er6pment A:gr~ritertt,: ruld aU,applliiable Iaw~ t>ttUnm'lCes. c:od'esJarad prillcies hi Gi~r~m:::;e'atth~ ti~of th¢ ti~~Utioi,1nftheDeve1opIjle\ilt Agreem~l1t ~"\,,I~l1 as ath~r require.m~llts-in1]lose.dbytlhe Cj'ty Commissio.n ti;pol'l the.\ n\lificatlot\ Qf'th~ iezpnu't$ ot' tlje site plan· ~~m'Val on ITmPrpperty. the ,P.t~peny shaU not b.e tl)~ ~tlbJect of: $ ($!)\\~.nin~ app~kadon O}t the City anl$ shaH no~ 1b~$abj;e¢t'tQ £lOY development mOl"ato.i::iuin:~ ref~renda ariri01l, ordiuanc-e~. :pb1icies,or procedures enacted by the CitY thin lhiti~, the Mvelopl'hcnt ¢ohte--ri)plate'd by tuis: Agt"eemeM alJd de.pi\::,tetl; in the Mast¢r pJau. Any ~luTe ~y lIlis Agreenl¢ilt. to addr~ss a particular perm~t. condItion" tern:).; or teitrktion shaH no1 reiie'V6: t11¢ Applicant of th~ nece$sl~J; ofoompl}411g \\'itn the, 18;1;v gQvel:J11ngsaid pemlittmg retjitltw..e;nts~ conditioi1s.:terms Gi(res'trictions.:; ~11AJ\'11' !H;IJ!To\~'ljUl~f5:B, 3/;W:tQ7 I I r ll. 13. r.:;~eo:t~~~~!~-:~~)J~e::d~~~ j~f:~!s=»:lO:;:~~ ~I~~:~ri~~~ C6~i11nty~Floii:dl¥jWndsMH ctmtihue fu eff~Bl f6ra.pmod ofttll (lO) years after the· aat:¢,Qt~t1~4~~rdatiM.~fi~t Vlthf!!;l~ k:miiY b'e'e),lr~a1iil;ld by fltiltUal QqT;iSIDJito'fRll ~~~~~:~~i~~;:l~~_~~en~. onu~ Prope.rty. a~~d tb~a.ty! orSp\itb l\[i~i UpOl1 ~~~~~::n;~~~c.~~i\;$:~~b~t~:l~i~~:~~~~e~~~~~~::~;~$~~~!. f'rO,~siOl~S'(Jf,the Aaf, and Oroinance 'Nt); liw o'$,.t833. Thls a,g.reemetlt shaH :be =~t:~:~~~~sr~~t~~a~~~:1~-:P:l,.·:~~::·1~~·3~d:.;~~:~~~ atin~ftlre',(.iew\ da~e; ThisreportshaIfconiain a sOOflori",by-,seet5o,t'! H!iit\mgof\l.,l1af ii~fi¥.&~~~li~~§ SbalH1}iv(f4$. cl~}~$ aflnrtlltl'exp(t'atio.l):;O.f'tne: l.5:~d~yjjoti¢.f3 Ij'~ibdJQ pestntGtitit~ the. nPi:H;iQnipjlant-e~ . flft~.~ whl¢h ip; Agreenl~ntm?y~~r~v~keg 'ot ~Q~lTIe4. ~)~ tbe :City; 'Tite obliga:tion't<~ StihB!l:ltiill al~litial report small cbndiitleiipoo the ·(late Uii wllich tfuea~~m~nt i~lenniiittte&. .' i\{odlflc'< ; Tnep'rovisioi'/s Q:r,~,t$,D:evelop.n'l;'ent Agreerrrentmay be amended, added:-io$'d gated;dde1ed~ mooifloo" or cluinged from tin:ie 1-0 time by recorded h1Striim~lt ~'xtlCi:tted b~j 111e then 'o\\'~ers of the Property-and :tn~,r 'City; Ail')' m6dHitatiol1j>, to·th~-$it<l;; Plan mu~' comply w~th tllfJ reg~l!aH.Qf,ls ({If arp~mdmenr t() Pt0l;l+I\,{ de\'e~opment contai-ned in Ghapter20 of die City Land 'Developmellt· Cod~ 14" EhfnN.\~!lel1'f. The Ci~YI it~ succesf,lOf or as~igl'lSi> and t~ Appl~eant~ i£s s!}cceS~Sor5 and assigns, shaH have the right to enforce, the pro\*tslons of this DfMtlqpmeiJt Ag,re.ern~tl'L EntQtt~n~lir ~hal1 he by aCl1011, at Jawor rn equity ~$$.iIj$t tillY ·P'~tti5· (tt p~~'$tJnsvf~[atif,\g or att.empl1!lg to violate an:¥ ccvenants,. diht!-rro·resirain '\doHtti6.lt or t6 rttoover dania~5 o.fb6-tl). T;h~ prevaiHl-ig partjiin the~¢dOi1 6tst},i't .shalj be entitled to r,eca~T~t; in ~d{Utiop. lP C-9StS~11d MIAMr~jgJHtl5-'in(;\1!LS.:U . ;j;l~101 . .. ... -. 1 L ,. 15.· Hi. n. did)mseihentS alb~~ed.by[aw~ silcnstim as the Court llliiY ad:ftidg~ to be =:;~e5~~':!;~~:~:~~fu~:de;~~~:~le)~S fee.spa)table unilerlhiiS ~i:1!~l~~Z;::~!:~1:: offi6iill-inspOOtofGf'ube· Gity of.:SrmfuMiami,or ttsage:n:ls' du.llyauthpriz~ .m·ay :~Z~t;:tfh:V!~:t!;~~'~~~i!:~;d:~:~~:~:~:~ht~'~~!=::P~~· wi:th.imtkling'andrortlng),egu1Jdions '~17d the.CUin~inttn.~l1eretn, . AuflibrlZa' triWitl1llDJd Per,mrs aii·d fn8 .ocitloncs~. Iil tbe eit!e.nt the ~r:i$;iiiGJf£i~r~~7i £==~;:1?i;?S~:~:~~: n().\"elopme~t.Agr;~ent isooWpl}~ ·~liilti,· ... . .. RepfestintMi;onf'of tlleAp'elicitn~, Apf![ic~ntre.prese,mts to th,eCtt~,asf0aU~WS:: th~ e~~utIPJ1. .deli~ery;attd i¢tf6nn~n'qe ,of ~hi;S .Apthel1taf1d aU 6tl~el! ·~~~:ro~~;.~~::t1:~1li tl:~~~~c!:f.:i~t:!l;:~l!~!~:~~:~~~;· ~pp:llAoot~ . Tb1§' Agt~ll,lm~t.ll$ ~~n 'R~'Ql~J}' ~~yt~~, ~1-W9.'~~i~wt¢$Ap~lf¥tlrit:S tegM~ v.alid . mid biailin.g: obUgatl0ns,I.mIQfeeabJe' !l~lI1Bt.~'PJlJieant, hi aCoord~~ vlith· i1st~bn.s~ . . .' . . ~ ate ~,g:t:Q~tH~., -$.~hti"Qt: :p~~eUihgs p:~l)J1in:s pt tht.~at'~ed a'g~!nstQr ,affect5ns' ApplicantbefiQ'lie'an~ ~1.irt ot 'g()\remntefitafagency ,UtatwQtil'¢. .hi ~ilY fllatei:ja!\vajr affect Appli'cah'tis ahiHty t<>. pe.rfam1 ihis,Agreeih;~it AppUbar~f$.ltEdlrfoLa~fin: anywaywhat$.Qevet~ dtri¥!t!y Of ihdil'¢ctly~ ~o cau~(;!' this Agri3ement tahe· atnended, modified.e:auce!.ecl ('IItermlil!!ted,. ex,ceptpur.suant 'tb itii: ¢Xpressteoos, a\idshnlltake': ali ac,Hb.1)s necessii.ry to enlll1re thQt ~his Agreel}lenisl:iatJ remaIn in full f:'prce.~lildeFfect ;;rf;aU'tfmes:. Appl~nrhtls.1he financial .capacity to pia)" or m'anee in the CHyaH. f~ and pa>Jtnents a;srequiied ulidet thiSA~i~e1'l1e,nt ;.se~{erabntty~., Ifilliy prbyis·1.Q.ll o:ftbis ]jevel(}p;l:penl.A.greei;ll~j;ll ;Of tbe: app1i{"~Jk\ll thereo.f ift. any person-or· eircumslanc:es 'is heid ill,yali~ Pl,'ohi~lted.or -q;l'iciitf6fC:e;~ie fQiany r¢ns~lJ.this' tlilt: De\ielopmeQ'~ Awe~mciatsnall he. I\ifJh'\t'1!'~ I ~ll!'i.J5: n21i~:iJ ~3l :r,f~!UO·t irn~ffec.tive 0~b" tpsu,~$ e~%ent :1).no1 ,thet:etTi,ainlti.'g prtl~dt';lol1S, ~haU co:pit$nQ,? 'r~ be glir<l1::D, fuD·fdtCe and :effect; wfatas possible . . HtJo.mtRti1\p~tQJ'iob.\ •. ,. this; A.gtooM1~nt '~sBeeti. U$f!:oo with ihe;p~icip:aumi)io1 t~'Ci1y It!'!(ft APp;li~ lll.let,their .p:c>nnseha~d$ha1t be ~Ol;l$P.:u.ed ~il)Stth~ AppUcanl in isSlies '(l}f draft~martShip. The captions of e.acli!art161e. :secttonarui sufr$~ctit:XrtOChitaj.n~, mthht A.gr\~em¢t1t 4te :fote~e(}f r~ferenqe.cmlyand r.m~lt t1llwaff~t tllp lnt~t,atipnaln~~m~~,g, 0:£ th,~~ A:gf.~"n,ent.; v.'hen~ver, '/:he, ~~l,l :~=:~:;ni~:l~:'~ ~h~!.l~~~i~:t~\~:~ i:~~;~~:t i~:~ii~~; r~r ,~~jit,h~~l1l¢list~d cat~Ol'Y",' . 20; BhidlUg :Effec:fi .' The :burde,ns ofihis Agr.(;:emeJlJf sl1aU be hinding:u?~.~,d' the' ~~~:ef:~:~.~gr¢~I~)el)t shal1.imire:t¢i;rall;stit;c(lu~$Qrs'hi ~f~~stt6 th~p;~rth~s 'of 21. 23: CiqitJ'hns tmd H~din:gs~. Parsgr.aph 'heading$ ar.e"for·;cnl1ve,riiehcfHDniY ,fmd sM1:lMt~(Fusi1dtb tQnstnJe ,otm~rpredMis; ,t(gre,ement. . . ~~~:~~it1i~~£~a, liligatlon. pena:liring to the sUbject matter hereof shall beexc1us·h~elyjn ~f4!n'i:· DadeCaUtii,v. Fltlrlda~ ~o~rtkSi" · •. A'UY1.1ut1¢e$'bt rep.QttSt'~q~h.~¢dby this Ag~¢in(¢:lltli1ia.ll be.oont to th:~ M19win~i . . . Eo:r··rtJeC'it' .. :· Git);-Mai;f~f$r . uty.~f$~~i1ii,Mi:~l1f 61.3GSumet DB\1e, S'dut1i.:Mi~tln'~ Pi. ~::3:143' CDpv1i'>} Pl~jjtu~t~ :Direi,1lot . P1<itll!-tng'Md C~?Hnmlini~y Development D~p~me.:nt City'ufSout'h Miami 6i30 S1.\b,!>6l DtiVi;} e ..• 1.. "'.;f.. '1:'>1 "',," 1'4'''''' SOU~I. ~~'~1i!!;1'l11j .",-'I. J.!l..:) t.;fl(1:~1l.8.JnJln::1 s 7.ttP:l'i21 ~ll 3f:lMjr 24, 25. CO!!yto': J~t.i:y f.l; ~mtt:ot, Esq, Bi1+fu~,$"D,rnhetga~a 'Price & Ax~lrod J,;LP ?l:OQ SO, Btsca~tf:'BGulevat'd. Swte 25'00 /i,Jj' .,' 't>i '3~i13i' .' I;hl&itl. (,~.j:', l \\r:arh~i;s .. No faflure oideJay by App1icant 'OF the City'to iitsisiupom the· strict p~i1Qrh~~ceQ;fllliy:60\i,ehful~~agteement; tenn:orC4j)nditiQj;};Qflh~s Agr~~~rii lOe.}ff/l'Pi;s.-e iM1Y right or Tenue;dYc.qnseqlle1:1!tup'~fue pr~?:cht1iere&.t 'shaH c~m.s#tute;a\1liiiYer .ofan)l"such bf.~ .Qr!Hily's,u~seqitlent:hre:acih -of,mlchco'venanr, agt~1f!jt t~:;Qr tbndofioill. No ,CQVet1mt, it;gtf;;emem~. leii.n~ or c6M~!tiQfi10f this ~'E~f~;:f5!E~ subsequent breach ther::eOf.' , ' 'fIthrN P:~H"tit ~t1']jefi~jat~\.thl~ Agr~'i'i;ent i.sext:tu~vely' frit'th~ be.be11tbftbe' pa(ti~sheir~tQ' ari.4.ilieir Affiiilltes. ~~:lnuay rtCtl P.I\)· $1:ft!iI'c~~ hyany p~i1}' otne:r th11aHhe:patlieS!1) nris Agreement ancighall nt1}t give Fise· to Hab~H!ty io ?nY (;bird pooy:othcitln~ the·tr(ttlmriied.s®tress6isifud .asSigns of\thepatties her~tG;. ,,' ~JS£~=t5~:rEEa;~~~~~~=~ surviv-erWs Ageentt;hL penotk0f Th~te:. \Vneniever any det-errninatltln i~ to be made.ar&(;tion is to be ttUt¢il1!irl a datt}~pe¢Jfied in thf.,SA.greementt ifsuob dilte shall fallon a Saturday. SJ,~May ot leg:al holiday. tOtiO in stlC!h.~veu:t'std,dd.at~ s.ha1:l>be.I[;.;;t~nded to t~ -llext daywnkn. is i):ot a: $nturday, Sunday or leg~I ho~i(,bYl ;Ebtkf>, A~~,~illep.t This A.~em~t s:els rcutlitlie e!1ttrc agJ:'ceme:,EI between ihe'· p~rtle$ h¢!ttu" witb ri'r.sp~ct to th~ $,ul:lj~r mat1$" bereof: All a;gt~JetiiS!. GQ\.'C11lru1ts, represtlntations~,an:d waJ·rantie~. e~pr~ss at nnplie,d~ orailJo1! wtj:tten~ of 1hcipartt~wiiJ1.re:spect to [lie subject n'll:iftltt he:reofare 'c-arilatn,ed hie-1'el11. No Citner agteeh1enw, CQ'~e.ni!titS" t¢Pt~s~tlta.ti:Otj$., <>1" W~~t1¢s> ¢'xptegs6!." iriJ~lied, oral or written have' been made by, any party to fhe oillBfWith respect to the sl1,~~et milner of' this Agree,h'reiit An prioi;. arii:f oo~$M1poraneou5 GOll)"6'sauollS I . MIAlVii SHiJ:tu.t573'::t002i$Jt.l 3fd.'Jl97 10 I I I [ l I , I r i I I f "to:- 3:0. :H. 32. i!~gl2i~~:e~~~ ·~!·;~t~==!~4::tS~;:~·~~~11~:::1~:;;:r==.~a:~~h!~~~a~t. ~. A!~l~;. sl'l'~.I np't,best}pPat;\ment~~j<unenoe,d ~tJiO(:jdi'~~nhY-iID:1'OPwse ef :clciiting~oo.utS-e of petf;Q;~e. fur l:I:Sf!S. of tircadeanift.rfrayQJ'!.ty 00 amended. or mod.l:fi~ t;ytiw.'4tten:mstrutl1eint:diilitirout~dhY;Qfficers i.ifh~thparties~ CQijlt~.()rp:~~. Thi~ Agr~1;l~t.m~y b1,\. tF~;e¢Ut~ Qal~hltljaJg 'by (~li;~hnU-¢) ia·o.q¢ orrnOmeCGl;~ntenp3l1l:S, lliad by me·niffer.ent part'ies'nereto inseparat:e. cq.untetpart~, :~O~~~=:~~~'~!:::;~::~::.:~::eg1ri~l-birtan -ofi\Thkh :c:!~a::·!t:~~~~rih~~~~::VA~~:~ ~t:~:~s·~~~.:~~ 'D¢\re-l'@pm~t i\gr~~ea:Jit t;o 1!ie recorded at tine. App!a.cant'ts \%pen~e in tl1~!ie;gistrr e;f::deeid·S' fh.Mlatiij4)ade, eeiit1l:ty: E1ih16~ls~ lUi! eXhihjt~~ffa<.}h¢clhere~O'cbiltainacld~tiqnal tenu$!:cf~his Aigr.:eeiti:eJ'!:t ~'9. ~'tnOOrpor..a~ ,bf\;rein~!by·re.ft1,t~~~. E:ffe~ti\~E'n,es-s.. This Decyd-opmoot Agreeml;illt shaH becGme :e:ffucthre·afre.r the ci~~(:~:~:~~~~a~~:!~!~~~~:':;p~~~i~~:~tG=q::g~~~:;i!: app~-civ2.fand:of the' app:bf,catio:n' f.or ~fn;Q'vtd . of tbiS' .I)~\telo,ptnent Agreetn~t~ 'b~~~:~:~~:~,:~Cit~ ·Cit~.:e:~::~:t~~ :!!::::~Jf~:~~=;7~: aot1ali6n is'nofestabH~hed. jn~rd.£mQ.e '\\'ithPa~~~p1t#:2ii~ the '~pUciuonS' fur :~:d::!\~:d::~:~b.~~':rJ:&:!~!:~~;;~::~:~l¢~t Ag1~~enr sllall ·MtAf¥)l $!~.}JQ.t$'7~ilQ2'i:;~~. If 3il~i07. . . • £" ACIQ;.~~~LEilGM'ENT·A,,~1J A.CCEiP;tA,:.~CE .. E~f eIn OF's6Utlt AllAMi .. Th~'CitY' «f Sk"luth Mia~1 ac'kwwled,ges. and.acc:ept$~ *e lor;egom'g De\<elo.pm~r Agre:em,enl al1:(!e.lld.~. attQ: aU at $e. te.rtpS t),'nd~~\'l~}crn:seol);tain¢d, th~l"eil:h . " dm~¢' 1Uildattaoh~ hereto. DATEDtMs #',1' dayp'f }4it/a-a* " 2007. Setiill No.(None~, if'biank): ~QT/,lt~iAL SEAL) i I : i I ! STArE;6r FLOrubA .) . . ............ , ...... )SS.: ~ COUNTY ,OF M'IAt\fI-DADE) ~~~~~=~:v:=:t.;Yi:~~~ Florida limi~ed;li'ahilit)~"cDmpari.y.~~Si!eis·yersoruUly known to.me'rit' haspro:ducerlLa, State 9t . . . . . . .cli1vefS;Jicen~Mident1fliation,· . '. . . .... .' . t,l{lMilR193,lO;lS. 7;3~02jj] 1 3(~id'i" ..... " . "toc S~r1a'-No, (nQn~. ithI~Y:;;:-,. 'Ll; =4'~~~~1,-.". .t}10TAAY'S':EiAt1 ." :0F'F1Prup~ '1v.t. 'Srm'ro .~ '. farce:l'~: ~T'"A" Le,~~ 'Pf{$p.dpt}qJi . ;!:er~~c.~'l~.~~~f.~;~~::~1r~irh~:~~~Rt!:~f:M~~:6!d~·~~~~~:~&:~1e=, trre'Si1J):i1l1 :475,;6$1 feetofthe'West' 100 feet; and lass ~iso theBastl'50 feet·oftl'ie SoutoMO r~~ arid less~l$O t1beSoj3tl:t115 feetrurhe\Vest11$ f~et'0itlWEas.t lZS feet, and less aloo the East 9S ~lQf rl1¢ \\'l~~:tl :r5 . .t~et nftbe: SPUi:tt 1 #.5 fee,t'Qf:$'flid T.t~cL :eared:;],;:;. '.' . ..,. .. '.".' t '.': .....•. " . 'I ·,',,:,'1 . " ." '..." •... '~', .'". ~'JI . . •. '. TheNThrth B.,. fe'..;trJfi~$E ,\4 offhe 'N13 ~ofthe SE.~af$~~q)').:b,TOw.l1S.bip,:rfSouth~ hirtge 4Q E~t, leS:Sjh~Mortb is f~t d!theNbrih fn feetof'tfn~ SE'~Q{the NE~ 'orthe gE'/:; o.(S~ttkin 15.; rtiW!1$~~54 St)1;l~:R~ge:,40 Ba~t" ~~!a;7~=~:;:~.r=:~~i:k-a~\i;i 1 $Of~et; th\:ifiCle riAil West ~?Jle:i to t~~ $.~.l;fth Hile: (.¥r~llld Sa: %df t~~ WE l~. oftj:)e' EEl .~ tot. a· d:is{t\'J1~e !~flOOreet:;rlltNll~e crUll par-aile! lothe East Hlle qf saidSE ~ oftbfi NE~' O:ft.he;SR~ fur ~ dDs.taUiJe'Crf'f~ feet: [Dille, ,SouthHfie ;ofia'ltfSE, ~'o;f the' HE .~ Oflb~SJi; :~~Biencii ,run lEast ~:,:&:~:~~~~[:!~@!~~~~~ff!~F~~i~r.!~i:~~~;:'()!: ~ ¢is~~c~Qr.' ~QO £~t ,toih.* PoinT P:arcel ~~. The 1\fort:h tS.O feet (lethe 'Sotita.110 feet Qnbe£;a;~ 150 ree1.DfT~c* l~ of REVISED PLAT OF FE1tNWDOb~ acc:otdlhg ti'.! tJ;je pt~t t~eb{. a;ii ret.orded in .P:}at B01':lk js~ at l?,age ii, of~t¢ }>llhHc, Rec;ords of Mjaml;.b,~e Ccnll1{Y.Hotid~. ' P.lltt~16: , A pottitml)f Ti·~6t 1. £?:EVlSED Pi,ATOF FERNWOOD. according to thePlai. i{lereQ{. ;as recm~din Plat BOOK 3':5. at Pa~ 72, o.f the Publi\> R-eeords of l'v1i:anli:..Dacic Coullty. FlorIdai n'iQte.part1culai~~y d~crihed f;\S foHow's: That l;i!·rt .of theSoH~i:eaSrQUBlrtei Of the Northeast Quai1er of the Southeast QUari:etofSect'ion 25. To\vnship 54 South. R.rlil$eADEast.desi.4Jb~d a'l follows; B~ginat the Southeast. COIner of .said SfluthOO:sl Qu1lrlet CIt Nortpt>.asi Qtlarler of South~as( • I This instrument prepared unoer the supervision: and when recorded return to: Jerry B. Proctor, Esq. Bilzin 'Sumberg Baena Price & Axelrod LLP 200 South Biscayne Boulevard Suite 2500 . Mjami, Florida 33131·2336 AMENDMENT TO DEVELOPMENT AGREEMENT 111111111111 UIIIIIIII HIli IIt1HIIIIIlIl 1111 CFN 2010R0201072 O~ Bk 27227 PB~ 1492 -1{98; (7p~~) RECORDED Cl3I2St:lOW 09:·W:5~ . HARVEY RUV!N~ CLERK OF COURT MIMJl~I)AOg COUNTY, flORIDA (Space Reserved for Clerk) This Development Agreement is made as of this 17tt. day of ~, 2010, by and . between· TIle. City.of..south .Miami,.Florida,· a· municipal· corporatioll .. C'City"). and ·RRC 57'h Avenue, LLC ("Applicant"), WHEREAS, Applicant owns the property in the City, in Miami-Dade County, Florida, legally described on Exhibit "A", also lmOWl1 as 6600 w 6640 S.W. 57 A venue and 5757 SW 68 Street (the "Property"), and . 'WHEREAS, the City and the Applicant executed a "Development Agreement;" recorded ·on March 30, 2007 at Official Records Bopk 25496 at Pages 52-72; and 1¥HEREAS. the Development Agreement memorialized responsibilities and commitments ofthe City and the Applioant in the development of a mixed-use project on the Property; and . WHEREAS, in May, 2007 and September, 2009 the Applicant received approval ofmi11Or modifications to the development plan for the Property; and l¥HEREAS, these minor plan modifications did 110t change the responsibilities and corrunitments in the Development Agreement;~nd WHEREAS, on November 17,2009, the City adopted Ordinance #29-09-2021 amending the Development Agreement to record the parking requirements for the continued development of the .Propelty, as adopted in the Cityls Land Development Code; Folio Numbers: 09-4025·026-0010 09-4025 -026-0020 09·4025-026·0030 09·4025-026 wOO60 Sec/Twp/Rge: 25·54·40 MIAMI 2001026,5 7743027649 3123/10 EXHIBIT I 13 NOW, THEREFORE, the Development Agreement is hereby amended as follows: 1. Addition to §ection 1. g. The extent ohmail, office and r~sta:urant u§es shall not exceed, and be limited .9)::, the capacity of provided ~arking. The development shaH comply wi th the )?!!rking reguirements in the Land D§velopment Code Section 20A.4(B) for l!U retail, office aM restaurant USe§'. 2. Addition to Section 5, 3, r, Applicant shall provide 1,00) parking spaces [which may be reducod in accordance with Condition #5g, requiring removal of on-street parking Oli SW 66 Street), through a. combination ofparklng garage, a small surfaoe lot, anq on-site .. "st:c.e,t p~~k~~g. *.. ..... ." . , . . * As of October. 2009: 958 tot~l parking spaces remain after reductions set forth in Sr above and 11 spaces removed for bike racks; 891 spaoes for residential units,.;, and a total of 67 spaces remain for retail/office/restaurant tlS~. Amcndmentto Section ;23: For thli ApI!lic!U1t: 1riH!l-A~qy Gencrnl.(;eu.nse}!s..(}~ Yn-J.>re!'!l~m{ ~2!;!!b ~e-mglrWLtJ!&l~ ~Ill Ga.ble!l. FL 3:.nlS RRCS7'll Avenue, LLC Mr. Jay Jacobson, Director WoodPa~ 2600 North Military Trajl~ite 100 Boca Raton, FI 3343 I Mll\MlloOI026,57743027649 U~!I() 2 ~ .... I r ! i I I I. ! 4. Within 2Q.rlays a&[ me Amendme.nt to Deyclopmeot Agreement b~s been signeJ! by both the ApUlicant and the Qity, th<, APl2licant shall ca'U$o a oQP>' of the Amcn~m~nt to pevel9pment Agreemont to be r!lffirded ~t the AQpjicant's elCpcn.se in the registry of deeds in Miami~Dad~ County and APplicant shall fumish~~ certified CQl!Y .of the recorded Amendment to, Development Agreement to the C{ty. Failure ro record or to furnish a Q\;lrtifiQd reoordeg ,QQPY: witltin 20 daY§ nullifies th~ vl!lidity of the Amendment to Development Agreement i-; .f{. TNWfTNESS WHEREOF, these pl'esrmts have been executed this ..LL_ day of 1!1a.r:.~ ,2010. 1\'IIAMl 2001026.5 774~\}27649 2/8110 [SIGNATURE PAGES TO FOLLOW) 3 , ACKNOWLlCDOONI AND ACq,PT AN~~ BY £ITY OF~OUTfI MIA¥! KNOW ALL MEN BY THESE PRESENTS that The City of South Miami acknowledges and accepts the foregoing amendment to the Development Agreement and each and all of the tern's and provisions contained therein, ___ ~ __ • dated and attached hereto. DATEDthisJj1h. dayof ff\urGh ,2010. CITY Oy:,{~~'Pf MIAMI By: __ tf(--,-~ ________ _ ATTEST: ..................... (Oh.~.C1 ... :.~ ............ . ~LERK ~. STATE OFJ: to_d_"", __ COUNTY or .~)'Ar)\~~~ __ ) ) ss ) Rogel' M. Carlton Acting City Manager The foregoing instrument w acknowJedgl.\d before m~ this n~ day of ~, 2010 by --Rt8f! \\·C(,.JI\\~ , ~ of the City. of South Miam~nd att~sted to by ~~~.J.!::L' City Clerk, of t e City of South Miami who are ( ) personally kllown to me or ( ) produced a valid driver's license as identification. My Commission Expires: ~~~~~~~~M~A~.P~~~~E~.~·l 1.11' COMtA1SSION ~ ooBw;ml o. (None) ifblank): MIAMI2QOIO:W,5774)027649 lIailO EXPIRES; Oclobel5. 2011 [N OTAR1AL SEAL) f,onIjed1111uN01My('ubIitUndGiWiJ,.~ • 4 IN WITN'BSS W1;!gEOF, t~ed party has agreed to this Development Agreement dated 119 ofthe dayo~, .2010. ~/ .... 'print Name; L£; '5 I, f1 I By; Name: Title: STA'J'EOF FLORIDA ) )~. . COUNTY OF }ritAMloSADE) ~~~ ................................. ·The· ftlTcgoing·inslfumentwas ·acknowI6dged· before· me this .~. day. .of.~~ 2009, by Jay S, Jacobson., Vice Presjdent of Wood Red Ro!l4.. Commons, 'ng Partner of RRC 5ih A Ven.ue, LLC, a Florida limited liability compan~She is p r onall~ own 10 m.e or has produced a State of driver' . nSe as identification. My Commission Expires: MIAMI 2001026.5 77430Z7(i49 1IS/tQ Serial No. (none, ifblank): __ "_'_" __ '_' __ "~. [NOTARY SEAL] 5 r ! Parcell; EXHIBIT uN' Legal Desctiption All of Tract 1, of .the REVISED PLAT OF FERNWOOD, according to the Plat the1'60f, as recorded in Plat Book 35, at Page 72, of the Public Records of Miami· Dade County, Florida, less the South 475,657 feet ofthe West 100 feet, and less also the East 150 feet of the South 330 feet, and less also the South 125 feet of the West 175 feet of the East 325 feet, and less also the East 75 feet of the West 175 feet of the South 125 feet of said Tract Parce12: The East 75 feet of the West 175 feet ofthe South 125 feet of Tract 1, of REVISED PLAT OF FERNWOOD, according to the Plat thereof, as recorded in Plat Book 35, at Page 72, of the Public Records of Miami· Dade County, Florida. Parcel 3: The North 132 feet of the SE ~ of the NE 1.4 of the SE ~ of Section 25, ToWt1ship 54 South, Range 40 East, Jess the North 25 feet of the North 132 feet of the SE ~ of the NE ~ oUhe SE IA of Section 25, Township 54 South, Range 40 East. .. '" P.al'ceJAj-........ ............. .... .. '\'T(jli'iT"" ..... . .................. .. . That part ofthe SE y.; of the NE 1,4 of the SE.~ fl,f.~ection 25, Township 54 South, Range 40 East, described as follows: .. , Begin at the SE corner of said SE i<4 of the NE y.; of the SE '.4; then~ run West along the South line of said SE ~ of the NE ~ of the SE ~ for a distance of 185 feet for a Point of Beginning; thence run North parallel to the East line of said SE '/4 of the NE ~ of the SE ~ for a distance of 150 feet; thence run West parallel to the South line of said SE l,4 ofthe NE ~ of fue SE y.; for a distance of 100 feet; thence run parallel to the East line of said SB 'l.l of the NE y.; of the SE ~ for a distance of 1 SO feet to the South line of said SE !4 of the NE ~ of the SE y.;; thence run East along said South Hne of the SE Yo! of the NE U of the SE y.; fbr a distance of 100 feet to the Point of Beginnil1g, less the South 25 feet for public road purposes. ParcelS; The North 180 feet of the South 330 feet of the Bast 150 feet of Tract 1, of'REVISED PLAT OF FERNWOOD, according to the Plat thereof, as recorded in Plat Book 35, at Page 72, of the Public Records of Mjami~Dade County, Florida. Parcel 6: A portion of Tract 1, REVISED PLAT OF FERNWOOD, according to the Plat thereot: as recorded ~n Plat Book.35, at Page 72, of th~f.ep~nc Records ofMiami~Dade County, Florida, more particularly deSCribed as follows: : .,. That prot of the Southeast QUalier of the Northeast Quarter of the Southeast Quarter of Section 25, Township S4 South, Range 40 East, described as follows: Begin at the Southeast comer of said Southeast Quarter of Northeast Quarter of Southeast MIAMI 2001026.5 7743027649 319/lO 6 I j I ! r , I I I i I , OR BK 27227 PG 1498 LAST F'AGE Quarter; thence run West along the South line of said Southeast Quarter of Northeast 'Quarter of Southeast Quarter for a distanoe of 285 feet for POINT OF BEGINNING; thence rull N011h parallel to East line of said Southeast Qu~ep qf,N-91iheast Quarter of Southeast Quarter 150 feet; thence run West parallel to South lil),e 'of! iJ~;di~Southeast Quarter of Northeast Quarter of Southeast Quarter 75 feet; thence run South parallel to the East line of said Southeast Quarter of Northeast Qualter of Southeast Quarter 150 feet to the South line of said Southeast Qllarter of Northeast Quarter of SO\ltheast Quarter; thence East along said South line of the Southeast Quarter of Northeast Quarter of Southeast Quarter for a distance of 75 feet to the POINT OF BEGINNING, LESS the South 25 feet for public road . MIAMI 2001026.5 7743027649 319/10 .:t';'.,. 7 l I -, ".Jr t 'l\C U . . . ; .,~ if: .. -.~~-------. .~ .. d ~ . I ! L I i i i I . ~: ·, .• ",-~ ... --~-- '~jtT$·9f!'()~'NC.r' ~;m!iJ;lJ;~". " :' "'f<:' ,', i I I f I I I f I I I I ........ \"'">.·.f I ;.. .1IIt" " . •........ . . .. 2,.~~ ""';P' ... ""fJ::;.....tl..L'.!l.J!',~d!:,.~~...IUi!f-lllm~4;J1JI:l7'u....;.e.:I~~-_ ......... _ ~.~~~.~. -=--~~:"'"""'''''''''='''''':'''-...,;;'-~'''-:::~-:n-''''''''-~-'':''-''; 4,~Ci(~ ·g.:tril.i\~ .. ti . ~5:~~"~~~·.-~-'i!rl!I-"-:'s-: -. -:--:--:-:c~~---~--"'--,,--~,"""""'~;\_'"'"' .. _~,~ ~~;~!lN!~:=~~ ~~~!lt~~ iJ!iIlibfut'Nroiil~. ~1;1~~ i' t I .~ . ." ! I I j 1 I l I ,I I I I t I I ~ :) ., '~. s=~. ~r/l:III::!!'O~~,,,,,~~,,,,, .. : .. ~~~-=,.,......,...,,,,:--,.-....,.,,,.,..,..::''';.,.'''_'~..,,,:·;:" ~81~S:~~~~6;; . ~~;ii\;OO1r¥~ , l~~ii;;PPili" '. u.'~~~ ---'4!~ t€."~"'C: , '" ,. ,.', ~, : .. " .. .-....... ~- ..... I i i I I I l f I I t i rI ,Il f' " a""Ht· "B" lIT""' .. ...... :'. .;. ." .. Jl!i't(t6,'llfJillliili. ~ ~~~;~~. lien «iUtii" fi.ai~IC~~I~fl;C<!ffl W " (~~~~=1~:~~d#V~Oj§~~·WIt~4,~Qb~I'~f '.wA,.ttliI~~li~n Ph tt~ *'~r'b~VJt, ", olt!~ ,r:~~dln ',' o.ltt'lm tf?·,1 'fh~Pfpp~tIYW1il;{i~velo'p~c.r Wlli\ ~m\BxIMQirt ora ~(J~[n 11~19ht fjij *l'Jwritllyap~~ptmo~\lrtiWjhil'l>~l , ,,' ~ liM/(rM .~P:jtipe~ Wfl~; q~Y~io~~.lti!W~iliJ\r"! ~Q~iQ~{;];iiiWl!b fu$acl(lpi~ct , m!i1~sltp' P'la~,'()fJtdellll'!w-olltib'i\)1Udjl'l~ ,:t>.leVatlonli, ~~~tee~utle9tufet ;md il1hi;r~'~I'I~il®'wlil~~~~(i)M~:?UJ:~ Ii! l\~'~~I\lIn6itt(i,~~~~N.,im£;51"'i\;\'@ue, 1J&iYl1~Jb:~~~i~,1i$·tmC"~ Ai)anl®tii~'~ ll1ls fottiJlr ;j\r.o'I~'I~ ~p~~'ti'ItIi Ilillt~lillil'ibiit~ ltstlill l.n:4.ehitUii'. rhivQ'·j)liiOiillMmllll~)itiflf\e I~idl!lj O~I!!pii\W~oiMilI, .EX,:H!,'l3IT (t~11 J;1W1.l:«ll)lP(U?7U~1M~ !~~ Itj~UHqUM.6mQ ¥-MtfA l'~lQIl4<.lIl(r;)~·fl;O~Ll~ ~'tL ti~l~~~~~VAtii~&illlrr 2PDfI.W8mk fi ~Iaj;~!i'liii ®Ju14.1iial} fi!;(~;l!7M5ll3, < " f I I I I I ! l I r ! j ! f ! I , I f I I , 1 ,I I ! ' I I ! I ! I , f 1 I , I [ I ! i ! I I' ' i I I : ! I ~l. '! ~. 'fQ9tn~ 'P\! ·.t9.6~¢tilp" ~Q,H. 0lIy' Cbde}~ Thti Qlly' "iJ'iIhQt ," ..Mjt!, fh~ !llii) pl~r\ Tn 20G7.p~r t1!l ..Frop¢f\;Y~ lin\:! 4jl, 2P~ t~ aObom~l>'d~tha~r'nt\ffl ni ·Pt~'PJl~Y,: o/f~rn (fiJ Th.~. ~~,:Wagtiavai~R~dln~p}.ja.sfl', 9 Mf}k{fJRRC ~PJil~.d rot npUIlQlnti~'tnlh!'iHhill ih:, (til mnnfus.>f t;ll(~.()ui\on ~f t~~\!j}j!!fflil~"h~gr&~m~rit . . .' . ~.,,~qb'liaF¥,tl(m9:S'; o JlMtla;)\lv.t~iMS~ei~!~ WM~'lilli.\l~dl~J~.(iQ,UV~tP.~bllGWQ~ ~'! ol't. ~CIP!; ff:N!Il1imM!tl14tl~¥id). sw· ~ a,hQ ~W~9 , ." ..lsli~~do~ fM,iJcroA!SY, ~~.~~. (f'ii~rmtwl o/{(ji . At)' .;~ Ultt ~i1jffj ...... ,~,l\~~~R1)M OQlrim~ri~ ~rrd An .... ~e . ;trilnl:Ctl1!~;mcJ . .. eitrequt'l!1~~l'lI:f~tnrdiHi:;th . Q·JmfJ;,} 'Q.f,illi\~~;:~~~.W~~ n.~1rGi;t$ijlii.G P~(jPipPtMg. p~thlR dl1l,Wln® andn/lliBa.Gt~ttby the 'Cltyof$ou~ M.1~mI.· 9i~~~~~fJ:~~' .' . ;~fu.l0~U~k~fj~~~;~ w~ ~~~1P ~~. (".ny. ~$butl$ . . . .. . '. . . . .' '. . !f,rs~cmafidmfPo.r ~u . ~pl" ~h,'litaq(mih~ f9'1ij~:pJ.cjiJg. ,~.( tiixCS;Nc!I~~em~bri~'f.I~$6e~~~df'T~~ h~va ~d WJlIbepcld a5,tequt~~, 4; .~~::;:&'t~J~O~;l:~:!~: " ~J~!tI$nm ~'Mall~or iu 5;,$JI1] Pl~fU () I161rn ~JIMt~~~m iiL()~pt~!Ui$F~ '~tlto/ P~~ml.l '!11th r~~r<J;Qflli'$pe~!~on.. 0fr::;1~~l MO has$:;~~~~ullcn!1g~~tr<J~:~1-~~lf~~~ . 'hi9\~~1~! l1$.if~I~p. .. ~MQiiii11. RRC met'wllh 104 di!)l •. Di $..(.\ij P6lJ~ ~::fO~~1W8(~ nq~ili'i6.4~ I ., ·. , .. t. o.Jlm(tl ;M~,i'l&.t:~~~g~W~iPi'OVl~Ii~ .~·.tlP1irD\!WqY:i~e'¢.tW ~$p:\lthM~~tfIli • . . ctrrltuJlam hMbe-e~ ri\it!~:.~ilaJi!1mrro.~wuib~' i· ~=\~~,&I~~.·A .~ J~"w:Zrl~~~?~t~e:&, ~~~fn~ ,~!\l}!I;!, tI. . .~X,p4iMln~J$ t\~b 'afl~$W' d'$ ~dml)riaf, POMlrQmIOll'W)f)I~I!~, ~;SchD:\lhi:l ~$e~l)lJI~3~t~OtlP~'illffil\·\\I~mlifuilp·th~$(1;~$A~rn!ri ~(ltlt< 1; ;Vfjliji.G.f rfttiil' A,Pfii(y:,Qf T~U~ fotfhi PJ'6p<y,'Wa~ f®~~ ftl. '2PQ1. ,A ~y 'fs: aft~dha~. ' .. " ff', II Thl'lt1kyOl:l{or:y.,u(~n,lr.yw haw al'ly~i';5titin~, pWfl$.~ glve me ElQE\lt Sir,II.are'lV., Bh~~t~ttiinIApt\rigQltyMli~9~f, J~JJl:Cd11Gon ,fil.~\t!nl1o J£l:ltiie /fIe-! .' II EXHiliIT' i. 't\ ,E,,(i , EXHIBIT llE'1 Paid By RRC 57 AVE LLC/RED ROAD COMMONS plicate public_user 02/24/2016 Miami-Dade County, Florida Paid 11125/2015 Receipt # FPPU11-16-003679 $1,095,085.45 2015 Real Estate Property Taxes Notice of Ad Valorem Tax and Non-Ad Valorem Assessments SEE REVERSE SIDE FOR IMPORTANT INFORMATION ':I':I'I~"","~ RRC 57TH AVENUE LLC % EQR REAL ESTATE TAX DEPT PO BOX 67407 CHICAGO,IL 60680 Miami-Dade School Board Schoo! Board Operating School Board Debt Service State and Other Florida Inland Navigation Dist South Florida Water Mgmt Dis! Okeechobee Basin Everglades Construction Proj Childrens Trust Authorily Miami-Dade County County Wide Operating County Wide Debt Service Library District Fire Rescue Operating Fire Rescue Debt Service Municipal Governing Board South Miami Operating Property Address 6600 SW 57 AVE 59,000,000 59,000,000 53.129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 53,129,758 r:l~) ~a~ i 0d Exemptions: 7.41300 59,000,000 0.19900 59,000,000 0.03200 53,129,758 0.14590 53,129,758 0.15860 53,129,758 0.05060 53,129,758 0.50000 53,129,758 4.66690 53,129,758 0.45000 53,129,758 0.28400 53,128,758 2.42070 53,129.758 0.00860 53,129,758 4.30000 53,129,758 437,367.00 11,741.00 1,700.15 7,751.63 8,426.38 2,688.37 26,564.88 247,951.27 23,908.39 15,088.85 128,611.21 456.92 228,457.96 Save Time. Pay Online, www,miamidade,gov l Combined taxes and assessments $1,140,714.01 l' RETAIN FOR YO.UR RECORDS l' .. "············20·1·5··· .. Rea'j'"Es·iate .. Pr~p~rtY· .. ··~·"·· .. D·~TAc·H .. HE·RE"AN·D'R·~T·u·R~·T'H;·;·~~·;Ti·o·N"wi·;:H'yo·U·R·;;A~~·~N;: .. '~ .. ········ .......... ·· .. · .... · ............ ··· .. ··· ...... · ........................ .. Taxes FOLIO NUMBER 09-4025-D26·00 1 0 PROPERTY ADDRESS 6600 SW 57 AVE LEGAL OESCRIPnON FERNWOOD REV PB 35-72 TR 1 LESS S475.657FT OF W100FT & & LESS E150FT OF S150FT & N132FT OF RRC 57TH AVENUE LLC % EQR REAL ESTATE TAX DEPT PO BOX 87407 CHICAGO, IL 60680 11111111111111111111111111111111111111111111111111111111IIIIIIIIIIII~IIIIII"IIIIIIIIIIIIIIIIIIIIIIIIIIIIII * 1 + 0 9 4 0 2 5 0 2 6 a 0 1 0 + 2 0 , 5 * Make checks payable to! Miami-Dade Tax Collector (in U.s. funds drawn on U.s. banks) Amount due May be Subject to Change Without Notice Mail payments to: 200 NW 2nd Avenue, Miami, FL 33128 EXHIBIT F If Paid By Please Pay Nov 30, 2015 $0.00 1000000000000000000940250260010201500000000000000000000008 I I r I I I I I i I I I I I I I i ( " .11.. ;iI· . t ./. ! f At· ......... ~-.;;:+-...... ~ ........ ~ .... ~~.....,..-'~~~~ .. ~~ __ ·~~f~~;i(f~;~~~Wu1~~~~~~~. SJb4~' A.,.i;!',.,.; .. e&~:::!;~" .. ~ UillWd ~o~qIrulihli.QfS9Uf!1.Mliimt CLii ~~t:n~'<l¥~eli1lt Oli.Y(lt~Q~h~ ~W"~~~"'~tN~!ijtWW'1)f'~tirtlnw~ Vnnor .... W'/. . ~. ~ .. ";';." ·r '.' Ij' .;.: . I J. '. • t . ' . . ..•.... , \ '. ;~ed R:ow.lm~~rite· ,. '~. ",1 H •• tf t; ·~··~~sh~~n~ip~d&i41iil;;tQ;~~k~1Q~rp.~~~ ··iim· """'" .;"' .. , •. Red~~d~l,~v.an~.AYtUlijei .... 91X~J;ahd~:~r~et·'Gf~lFl~.~P&dejtr:1at'!·~~,bet~6J:'t .11 $, ae.tter.~a~trlan !at$fI~~WIt\1O,qwlt~:f.~l!i4vt.~~ J~P~~.. ~:&=~~1:1~~r\J~~nd.R~d;~~R 6~ Sli!)rt~J ?~~$I·I~t.wb~'~~~~ . ':", ," .. R6acl~;~~~:h~~fi'l~w~a1K,$f~6Qn~~t ~ftf~otR~d I I L i ...... . ''It 1.a.n~~.e¢Miid\iim'~ "I~¢d.~o~d bet~.aie!}tj$1and PtillO~~·ta ~~~ Bt)lM~rct.> • I· u..; ... u. ,,; If J)}1>liiJ EIHiSlT I,: .. \\ . H,ill ~ fl~~~il'l11~ilt;} . Mim ........ .~~@\~~rta(WliIDi!I,} . ~. i I I 1 1 i I I I ! I ." ... ~ ... ...:.. . . ' ;,t I r -'. .~. . .. ., ~ ~ t ", t i!.e". .... utUrYt~p "I~L;~ ..i:Jt .Tlil~ UrtUY (jfT!tI~; .. . •...•. ,;.. .. ,.~ ...... ~.~. MI .•. : .. Q.:·.·!.f"~tIf8Y.~l8lt.(t~~Q\l~iby fmC 0:[' AVflnU!il/Lt1:t·alti . _"'''.,.'''' ~~~~ttlw~~(~Ii'fi~i~m'$,\OWJ;lt:gf:~U\~~·~~ed·~.fJl, her~yl~~ Thm ... ~~~~ ..... $'ii~)l;:ilifP!tr\A!i~tt\l(:he~l~~il t'6itdi.l·Ii:p.ItM bftlt!l'J-f. wel.t~;;;b~Ww lha:~~rn6fij£c~1:~,·pa1i~~lii: l~nl1 1&1 ilItil:f AA lr. '. '.' , .. dIDH'liietl ot: ~~$d SI'ep!!{tlWly, ·W'~~m!@9.t'p~c:ijJ"Qn~; Ovm~r,i~f "'i1ffl~" ii<;>;,i:\1..1 :.h,;>j\jftltj;.t\~t1'Cl!b" ~\!i' nmllti~Qti ®'"" b9 ~!i!lltmlil tt:" '''"'''~ ... ~.,~ ~\~;i~~~~~~:b;~d~nI~it'~Q'" .".~ In Uw ?uhil\l Co . i flltllid'~ ,l!inC!~1:ut1l ~m~f. ami . .. . P.Plt~t~~ .. ' ..... 'rl~. p~~~~:~&:.;.n~lr§:::r~t~t . '. ItMrlna,l!ttd: ~~ed :UyiheOily fifati69~r tl.,!!IQ CI\Y~~, I I I I I I I I -i t i j i I J I ,., p" " I' 1'l\e,reWllJie'or tM ~rnQril:$~b1!!hQi~W ~ljt,e.WJ;1til)~hg!~j:\tuptlr\$'O$.nl@!rJllt!f{~~'~fid~ a;Mibr' , ,mqtJ)lllcl tOo~)(~C!\1tlQti~'tl\li,JI(jb)ec\ IJn{w~' 'i!1tl(ii : ·i I I f i I O.I i. .:t: . ; ':l 1 . . ';SI~S: .wnlJa~d '@keWlf{4';iindtAdi;ri~~d'im tfil~·r:B:W-~<l1JY .pt f~t.hl~POJ'" _l ..•.... ' .. '\ .'. ' .• " . . .... ...... . .... . t!i,~~IN--.... 'hfl~~:~~~r:J~rw~,UChiitc:'a~d ~~pfu~~~to ,. WffNitSS.::. R~d: i2')i!AYellU.IL'!..~ .f. ~ . $TATi;'OF'FtO~JQA ""'Ul;J·M!\'J'·iIi'~·iWAMi""I.r;E V ... :. r!r~.'l· .Vl~ .. ; ."' ~~ J t I