2000-23870 RESO

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    WHEREAS,

    inorder

    to minimize

    the

    impact

    to

    Loews,

    the

    proposed

    Agreement

    contains

    certain

    mitigation

    provisions;

    and

    WHEREAS,

    RDP

    has

    agreed

    to

    complete

    the

    improvements,

    originally

    part

    of MBRI'

    s

    scope,

    at its

    own

    expense

    and to

    compensate

    MBRI the

    sum

    of$

    15,

    O O

    fo

    t t o r n e y '

    s

    eesand

    costs

    n c u r r e d

    in

    the

    r e p a r a t i o n

    of

    the

    g r e e m e n t ;

    and

    H E R E A S ,

    in

    eturn,M B R I

    has

    g r e e dto

    e i m b u r s e

    R D P , inthe

    m o u n t

    o $

    2,

    000

    toward

    t h e

    costs i n c u r r e dby

    DPin

    connection

    w i t h the

    improvements

    to

    he

    Easement

    A r e a ;

    a n d

    W H E R E A S , it

    is

    DP'

    se s p o n s i b i l i t ytha

    ts

    e n e r a l

    C o n t r a c t o rand

    al

    its

    s u b c o n t r a c t o r s

    and

    l a b o r e r s

    fully

    abde

    by

    h e c o n d i t i o n s o f R D P '

    suse

    o

    the

    a s e m e n t

    Area,

    including,

    bu t not limited

    to,

    the

    ours

    of

    operation,

    rules

    and

    e g u l a t i o n s ,

    m i t i g a t i o n ,

    security

    and

    lighting,

    a i n t e n a n c eand

    e n c i n g ,

    as

    described

    in

    the

    g r e e m e n t ;and

    H E R E A S ,

    the Easement

    Aea

    ill

    remain

    estrictedtoo n s t r u c t i o n

    access

    an d use

    during

    thea b o v e -

    d e s c r i b e d t e r m and

    ll be

    c o n v e r t e d

    into

    a

    ublic p e d e s t r i a n

    accessway

    once

    the

    m p r o v e m e n t s

    ae

    o m p l e t e d ;

    and

    WHEREAS,

    he p r o m p t

    execution

    ofthis

    Agreement

    will

    allow,

    c c o r d i n g

    to

    RDP

    o

    ave

    p p r o x i m a t e l y

    one

    h u n d r e d

    and

    t w e n t y (

    120)

    a ys

    of

    the

    developer'

    s

    anticipated

    c o n s t r u c t i o n

    schedule;

    nd

    W H E R E A S ,

    the

    A d m i n i s t r a t i o n

    a n d the

    City

    Attorney

    sffice

    have

    reviewed

    the

    attached

    L i c e n s e A g r e e m e n t .

    NOW,

    THEREFORE,

    BE

    IT

    ULY

    E S O L V E D

    BY

    THE

    A Y O R

    AND

    CITY

    C O M M I S S I O N

    OF

    HE

    CTY

    OF M I A M I

    BEACH,

    L O R I D A ,

    that

    theayor

    and

    Cty

    o m m i s s i o n

    h e r e i n

    approve

    execution

    of

    a

    License

    A g r e e m e n t

    by

    and

    mongst

    M i a m i

    B e a c h

    R e d e v e l o p m e n t

    Agency,

    City

    o

    i a m i B e a c h ,

    MB

    R e d e v e l o p m e n t ,

    Inc.and

    RDP

    Roya

    P a l m

    H o t e l

    Lmted

    a r t n e r s h i p ,

    for

    th e

    u t i l i z a t i o n

    o

    the

    6h

    treet P u b l i c

    Pedestrian

    Easement

    A r e a for

    c o n s t r u c t i o n

    access

    to

    he

    Royal

    Palm C r o w n e

    P l a z a Hotel site,

    fora

    limted

    tm

    e r i o d durng

    o n s t r u c t i o n .

    P A S S E D

    and

    A D O P T E D

    this

    1 2 t h

    day

    o

    A p r i l ,

    2 0 0 0 .

    J/

    11A Y O R

    A T T E S T :

    to~

    t

    tu~PPROVED

    AS

    TO

    FORM&

    l A N G U A G E

    FO R E X E C U T I O N

    CITY

    CLERK

    A t t a c h m e n tF:\

    D J i P l S A L L \ Alexandra\R o y a l

    P a l m \

    l6th

    t

    C M B R e I o .

    do c

    tf

    M IL

    C.;.

  • 8/15/2019 2000-23870 RESO

    3/52

    TY

    OF

    MAM

    BEACH

    HALL 1700

    O N V E N T I O N

    C E N T E R

    DRVEIAMIBEACH,

    3 3 1 3 9

    http\\

    c.

    i a m i -

    b e a c h .

    f.

    s

    O M M I S I O N

    M E M O R A N D U M

    NO. '

    2

    1.-

    0

    A T E :

    April12

    2000

    O :M a y o r

    N e i s e n

    O

    Kasdin and

    e m b e r s

    of

    the

    Cty

    Commission

    F R O M :

    Lawrence

    A

    evy, \./

    Cty

    anager ~S U B J E C f :A

    E S O L U T I O N

    OF

    THEA Y O R

    AND

    THEO M M I S S I O N

    O

    HECTY

    OF

    M I A M I BEACH

    FLORDA

    R A T I F Y I N G THE

    E X E C U T I O N

    OF

    A

    ICENSE

    A G R E E M E N T

     BY

    ND

    AMONG THE

    R E D E V E L O P M E N T

    A G E N C Y ,

    MB

    E D E V E L O P M E N T ,

    NCND

    RDP

    ROYAL

    A L M

    H O T E L

    L I M I T E D

    P A R T N E R S H I P ,

    FOR

    THE

    UTILIZATION

    OF

    HE16TH

    TREET

    P U B L I C

    P E D E S T R I A N E A S E M E N T

    AREA

    FOR

    O N S T R U C T I O N ACCESS

    TO

    THE

    R O Y A L

    PALMROWNE

    PLAZA

    HOTEL

    STE

    FOR

    A

    I M I T E D

    TME

    PEROD

    DURNG

    C O N S T R U C T I O N .

    R E C O M M E N D A T I O N

    Adopt

    the

    Resolution.

    B A C K G R O U N D &

    ANALYS IS

    In

    o n n e c t i o n wth

    the

    Ground

    Lease

    A g r e e m e n t

    b e t w e e n

    the

    M i a m i

    Beach R e d e v e l o p m e n t

    A g e n c y ( "

    RDA"),he

    Cty

    f

    Miam

    B e a c h ( "Cty"),

    and

    MB

    R e d e v e l o p m e n t , Inc. ("

    MBRI"),

    n

    E a s e m e n t A g r e e m e n t

    was

    executed

    that

    provides

    thee n e r a l pubic

    with pedestrian

    beach

    a c c e s s

    over

    an

    a s e m e n t Area

    located a l o n g the

    s o u t h e r l y

    boundary

    o

    ndi t h i n

    the

    Loews

    Hotel

    Property, i m m e d i a t e l y

    n o r t h

    o

    he

    R o y a l

    Pam

    otesite.

    Oa n u a r y 26

    he Ctyo m m i s s i o n d i r e c t e d

    the

    d m i n i s t r a t i o n

    to

    seek

    a

    r e n e w a l

    o

    thee g o t i a t i o n s

    between the

    Loews

    and

    R o y a l

    Pam

    Crowne

    Paza

    H o t e l s

    to

    g r e e

    on

    a

    utually

    a c c e p t a b l e

    u s e

    of

    the

    J

    blic

    P e d e s t r i a n

    E a s e m e n t

    A r e a

    a

    6h

    treet,

    fo r

    theo y a l

    Palm

    s

    o n s t r u c t i o n

    access

    needs.

    It

    h o u l d

    be

    n o t e d that

    e a r l i e r discussions

    b e t w e e n

    MBRI

    a n d

    RDP

    to

    utilize

    the

    asement

    A r e a failed to

    produce

    an

    g r e e m e n t ,

    w h i c h

    resulted

    in

    R D P '

    s

    l t e r n a t i v e p r o p o s a l

    to

    a in

    a c c e s s

    to

    its

    it e

    via

    the

    Cty

    sight-

    o-

    a y

    a

    5th

    t r e e t .

    S u b s e q u e n t

    to

    he p u b l i c '

    s

    egative

    response

    to

    ths

    r o p o s a l

    a

    heabove

    r e f e r e n c e d J a n u a r y

    26

    C o m m i s s i o n

    m e e t i n g , the

    Administration

    was

    i r e c t e d

    to

    seek

    a

    r e n e w a l

    of

    t h e

    n e g o t i a t i o n s b e t w e e n

    the

    wo

  • 8/15/2019 2000-23870 RESO

    4/52

    J

    The

    Administration

    coordinated

    a series

    of

    meetings

    to

    renegotiate

    the

    conditions

    ofan

    agreement

    wth

    the

    MBRI, the

    operator

    of the

    Loews

    Hotel,

    and the

    RDP

    Royal

    Palm Hotel

    Limted

    Partnership ("

    RDP"),

    the

    developer

    of

    the

    Royal

    Crowne

    Plaza

    Hotel,

    to

    access

    the

    Roya l

    Palm

    construction

    site for construction

    material and

    equipment

    deliveries

    and

    unloading

    through

    the

    1 6 t h

    Street

    Public

    Pedestrian

    Easement

    Area,

    o

    expedite

    the

    Hotel's construction

    schedule.

    As

    a result

    ofthe

    negotiations,

    a

    License

    Agreement (

    the "

    Agreement' ' ) ,

    hereinattached,

    has

    been

    drafted to

    be executed '

    by

    the

    RDAlCity,

    as

    Owners,

    MBRI and

    RDP.

    The

    Agreement

    grants

    a

    license

    to

    RDP to

    utilize

    the

    Easement

    Area for construction

    related

    purposes

    for a

    period

    that

    shall

    terminate

    on

    the

    earlier

    of (a) the

    issuance

    ofa

    certificate

    of

    occupancy

    for

    the

    Royal

    Palm

    Hotel

    or, (

    b)

    March

    31,

    001,plus

    s i x t y

    days

    or

    c o m p l e t i o n

      o

    he

    i m p r o v e m e n t sto

    the

    E a s e m e n t

    Aea.

    h e i m p r o v e m e n t s

    to

    he

    a s e m e n t

    A r e a

    areoconsist

    oe c o r a t i v e

    interlocking

    pavers,

    l a n d s c a p i n g ,

    i r r i g a t i o n , lighting,

    andther

    d e c o r a t i v e

    f e a t u r e s .

    U n l i k e

    the

    15h

    S t r e e t

    a c c e s s plan,

    the useo

    he

    a s e m e n t Area wll

    have

    no

    impact

    on

    e i g h b o r i n g

    p r o p e r t i e s

    o t h e r than

    the

    o e w s Hotel.In

    orderto

    m i n i m i z e

    the

    impact

    to

    Loews,

    the

    roposed

    A g r e e m e n t

    contains

    certain

    m i t i g a t i o n p r o v i s i o n s .

    RDP

    h a s

    agreed

    to

    complete

    the

    m p r o v e m e n t s ,

    o r i g i n a l l y

    part o f

    MBRI'

    sc o p e ,

    a

    its

    wn

    e x p e n s e

    and

    to

    o m p e n s a t e

    MBRI

    the

    sum

    o$

    5 ,

    000

    for

    attorney'

     se e s

    and

    costs

    n c u r r e d

    in

    the

    r e p a r a t i o nohe

    g r e e m e n t .

    In

    eturn,

    BRI

    h a s

    a g r e e d reimburse R D P ,

    inhe

    amounto

    2 ,

    000,

    o w a r d

    the

    osts i n c u r r e d

    by

    D P inconnection

    with

    t h e

    i m p r o v e m e n t stohe

    Easement

    Area.

    Itis

    DPs

    e s p o n s i b i l i t y

    t h a tits

    e n e r a l Contractor

    and

    all

    its

    s u b c o n t r a c t o r s

    and

    aborers

    f u l l y abide

    by the conditions

    ofRDP'

    s

    seof

    the

    a s e m e n t

    A r e a ,

    including, bu t

    not

    imited

    to,

    the

    ours

    o

    p e r a t i o n ,

    rules

    and

    e g u l a t i o n s ,

    m i t i g a t i o n ,

    s e c u r i t y

    and

    i g h t i n g , m a i n t e n a n c e

    and

    f e n c i n g ,

    as

    e s c r i b e d

    inthe

    greement.

    T h e

    Easement

    Aeawll

    remain

    r e s t r i c t e d

    to

    o n s t r u c t i o n

    access

    and

    use

    d u r i n g

    the

    above-

    e s c r i b e d t e r m

    andwll

    be

    onverted into

    a

    public

    pedestrian

    a c c e s s w a y

    once

    the

    m p r o v e m e n t s

    are

    completed.

    The

    prompt

    execution

    ofthis

    A g r e e m e n t

    wll

    allow

    c c o r d i n g

    to

    DP,

    to

    ave

    a p p r o x i m a t e l y one

    hundred

    a n d

    twenty (

    120

    ays

    off

    the

    e v e l o p e r '

    s

    a n t i c i p a t e d

    c o n s t r u c t i o n

    s c h e d u l e . The

    d m i n i s t ra t i o n

    and

    he Cty

    ttorney'

    s

    office

    have

    eviewed

    the

    a t t a c h e d

    License

    A g r e e m e n t .

    The

    Admnistration

    r e c o m m e n d s

    that

    the

    M a y o r

    and

    the

    C o m m i s s i o n

    of

    the

    it y

    of Miam

    Beach,l o r i d a

    ratify

    execution

    of

    a

    icense

    A g r e e m e n t

    by

    nd a m o n g

    the

    R e d e v e l o p m e n t

    Agency,

    MB

    e d e v e l o p m e n t ,

    Inc

    and

    D P

    R o y a l

    Pam

    C r o w n e

    P l a z a

    Limited

    P a r t n e r s h i p ,fo

    he

    t i l i z a t i on

    of

    16h

    ree

    P u b l i c P e d e s t r i a n

    E a s e m e n t

    Area

    fo

    c o n s t r u c t i o n

    access

    tohe

    R o y a l

    PalmC r o w n e

    Plaza

    Hotel

    se

    forai m i t e d

    im e

    p e r i o d d u r i n g

    c o n s t r u c t i o n .L A L /

    C

    f:c~ ~

    H 2\

    S Y S \DDHPA L L W e u n d r a \

  • 8/15/2019 2000-23870 RESO

    5/52

    RESOLUTION

    NO.

    3 4 7 -

    2000

    E S O L U T I O NO

    HE

    CHAIRMAN

    AND

    M E M B E R SOF

    THE

    MAM

    EACH

    REDEVELOPMENT A G E N C Y AUTHORIZING

    THE

    CHAIRMAN

    AN D

    SECRETARY

    T O EXECUTE

    A

    I C E N S E A G R E E M E N T

    BY

    NDAMONGST

    THEE D E V E L O P M E N T

    A G E N C Y ,

    CITYOF

    M I A M I

    BEACHMB

    E D E V E L O P M E N T , INC.ANDRDP

    ROYAL

    PALM

    HOTEL

    I M I T E D P A R T N E R S H I P ,FOR

    H E U T I L I Z A T I O N

    OF

    THE

    16TH

    STREETPUBLCE D E S T R I A N

    E A S E M E N TAREA

    ORO N S T R U C T I O N

    A C C E S STO

    HE

    ROYAL

    PALMCROWNE

    PLAZA H O T E L S I T E , FOR

    A

    I M I T E D

    P E R I O DOF

    TM

    DURNGO N S T R U C T I O N .

    WHEREAS,in

    o n n e c t i o n

    wth

    he

    Ground

    Lease

    g r e e m e n t between the

    Mam

    Beach

    R e d e v e l o p m e n t

    A g e n c y ( "

    RDA"),

    he

    Ctyo

    M i a m i

    B e a c h ( "

    City"),

    and

    B

    R e d e v e l o p m e n t ,

    Inc.

    MBR"),

    an

    a s e m e n t

    Agreement

    was

    executed

    that

    provides the

    e n e r a l

    pubic

    wth

    edestrian

    beach a c c e s s

    over

    anasement

    Area

    l o c a t e d

    along

    the

    o u t h e r l y

    b o u n d a r y

    ond

    wthin

    the

    Loews

    Hote

    r o p e r t y , i m m e d i a t e l y n o r t h

    o

    heRoyal Palm

    Hotel

    send

    W H E R E A S ,

    on

    January

    26

    2000,

    theayor an d

    Cty

    o m m i s s i o n

    d i r e c t e d th e

    A d m i n i s t r a t i o n tos e e k

    a

    enewal

    ofthe

    e g o t i a t i o n s

    b e t w e e n

    the

    Loews

    andRoyal

    P a l m

    Crowne

    Plaza

    H o t e l s

    togree

    on

    au t u a l l y a c c e p t a b l e

    use

    oheu b l i c

    P e d e s t r i a n

    E a s e m e n t

    A r e a

    at

    16th

    Street,

    o rthe

    oya

    Palm

    s

    construction

    a c c e s s needs;

    and

    H E R E A S ,

    the

    d m i n i s t r a t i o n

    c o o r d i n a t e d

    a

    series

    of

    meetings

    to

    r e n e g o t i a t e

    the

    o n d i t i o n s ofan

    g r e e m e n t

    wth

    he M B R I ,

    the

    perator of

    he Loew s

    Hotel,

    and

    the

    RDP

    Roya

    Palm

    H o t e l

    Limted

    P a r t n e r s h i p ( R D P " ) ,

    the

    eveloperoheo y a l Crowne

    P l a z a

    Hotel,

    to

    ccess

    the R o y a lPam

    onstruction site

    fo

    onstruction

    m a t e r i a l

    and

    e q u i p m e n t

    d e l i v e r i e s ,

    a n d

    u n l o a d i n g

    through

    the

    6htreet

    P u b l i c

    P e d e s t r i a n

    E a s e m e n t

    Area,

    toxpedite

    th e

    Ryal

    Pam

    Hotel'

    s

    o n s t r u c t i o n s c h e d u l e ; andH E R E A S , as

    a

    e s u l t

    o

    the

    e g o t i a t i o n s ,

     a

    icense

    Agreement (

    the "

    g r e e m e n t " ) ,herein a t t a c h e d ,

    h a s

    been

    r a f t e d

    to

    be

    x e c u t e d

    by

    he

    D A l C i t y ,

    asw n e r s ,

    MBR

    an d

    RDPnd

    H E R E A S , theg r e e m e n t

    grants

    alicense

    to

    RDP

    tot i l ize

    the

    asement

    Aea

    or c o n s t r u c t i o n

    related

    p u r p o s e s

    for

     ae r i o d

    that

    shall t e r m i n a t e

    on the

    earlier of ()

    the

    s s u a n c e

    oe r t i f i c a t e

    o

    c c u p a n c y

    for

    the

    R o y a l

    Palm

    H o t e l ,

    or (

    b

    a r c h

    31

    0 0 1 , plus

    sxy

    ay s

    for completion

    o

    he

    improvements

    to

    the

    a s e m e n t Area;

    and

    H E R E A S ,

    the

    i m p r o v e m e n t stohe Easement

    Aeaare

    to

    onsist

    o

    e c o r a t i v e i n t e r l o c k i n g pavers,

    andscaping,

    i r r i g a t i o n ,

    lighting,

    and

    t h e r

    decorative features;

    a n d

    W H E R E A S ,

    unike

    the

    f o r m e r l y

    p r o p o s e d

    1 5 t h

    S t r e e t access

    plan,

    he

    useof

    the

    a s e m e n t

    Aea

    wll

    aveno

    m p a c t

    on

    e i g h b o r i n g p r o p e r t i e s

    oheh a n theo e w s Hote;

    nd

    W H E R E A S ,

    in order to

    minimizethe

    mpact

    to

    Loews,the

    r o p o s e d

  • 8/15/2019 2000-23870 RESO

    6/52

    WHEREAS,

    RDP

    has

    agreed

    to

    complete

    the

    improvements,

    originally part

    ofMBRI'

    s

    scope,

    at

    its

    own

    expense

    and

    to

    compensate

    MBRI

    the sum

    of$

    15,

    000

    o r a t t o r n e y '

    s

    ees

    and

    o s t s

    i n c u r r e d

    in

    he

    p r e p a r a t i o n

    o

    he

    Agreement;

    a n d

    W H E R E A S ,

    in

    e t u r n ,

    MBRI

    h a s

    agreedtoe i m b u r s e RDP,inhe

    amount

    of $

    72

    000

    t o w a r d

    the

    o s t s

    incurred

    by

    D P

    in

    o n n e c t i o n

    wi th

    the

    m p r o v e m e n t s

    to

    the

    a s e m e n t

    A r e a ; and W H E R E A S ,

    it

    sD P ' sesponsibility

    that its

    G e n e r a l

    Contractor

    andal

    its

    u b c o n t r a c t o r s

    a n d

    l a b o r e r s

    fuybide by theo n d i t i o n s o f R D P '  s se

    o

    he E a s e m e n t

    Area,n c l u d i n g , but

    not

    l im i t e d

    to

    hehours

    o

    peration,

    rules

    and

    r e g u l a t i o n s ,

    mitigation,

    e c u r i t y

    and

    i g h t i n g ,

    maintenance

    a n d f e n c i n g ,

    as

    e s c r i b e d

    inhe

    Agreement;

    and

    W H E R E A S ,theasement A r e a

    wll

    emain

    r e s t r i c t e d

    to

    c o n s t r u c t i o n

    a c c e s s

    and

    use

    uring

    the

    above- d e s c r i b e d

    term

    nd

    w i l l

    beonvertedino

    au b l i c

    pedestrian

    a c c e s s w a y

    once

    the

    improvements are

    c o m p l e t e d ;

    and

    H E R E A S ,

    the

    prompt

    e x e c u t i o n

    o

    ths

    g r e e m e n t

    wll

    a l l o w ,

    according

    to

    DP,

    to

    ave

    a p p r o x i m a t e l y one

    h u n d r e d and

    twenty (

    2 0 )

    days

    of

    thee v e l o p e r '

    s

    n t i c i p a t e d

    construction

    s c h e d u l e ;

    an d

    W H E R E A S ,the

    d m i n i s t r a t i o n andtheCtyt t o r n e y '

     s

    office

    have

    reviewed

    the

    t t a c h e d

    L i c e n s e Agreement.

    NOWH E R E F O R E , BEIT

    ULY

    RESOLVED

    BYTHE

    CHAIRMAN AND

    MEMBERS

    O

    HE

    M I A M I

    BEACH

    R E D E V E L O P M E N T AGENCY,

    h a t

    the

    Chairman

    and

    Memberso

    he

    Mam

    B e a c h

    R e d e v e l o p m e n t A g e n c y

    h e r e i n

    author ize

    the

    Chairman a n d

    the

    ecretary to

    e x e c u t e

    a

    i c e n s e

    Agreementby

    nd

    a m o n g s t

    thee d e v e l o p m e n t

    A g e n c y ,

    Cty

    f

    M i a m i

    Beach,

    MB

    e d e v e l o p m e n t ,

    Inc

    nd

    RDP

    Roya

    P a l m

    C r o w n e

    Paza

    i m i t e d

    P a r t n e r s h i p ,

    for

    the

    tilization

    o6th

    S t r e e t

    Pubc

    edest r ian E a s e m e n t A r e a

    for

    c o n s t r u c t i o n

    access

    tohe

    o y a l P a lm C r o w n e

    Plaza Hotel

    site

    for

    a

    limtedtime

    peroduring

    c o n s t r u c t i o n .

    P A S S E D AN D

    ADOPTED

    THS

    1 2 t h

    DAY

    O F

    A P R I L ,

    2 0 0 0 .

    A T T E S T :

    If(

    lw

    reL LC. lL '-- 'e c r e t a r y

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    Rya

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  • 8/15/2019 2000-23870 RESO

    7/52

    Beach

    Redevelopment Agency

    YHALL 1700O N V E N T I O N C E N T E R DRVEIAMIBEACH,

    3 3 1 3 9 ttp:\\

    c.

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    EDEVELOPMENT

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    CO-

    2

    Y

    DATE:pril12

    0 0 0 F R O M :

    Chairman

    a n d

    M e m b e r sohe

    Boardo

    the

    i a m i

    Beach

    Redevelopment Agency

    L a w r e n c e

    A

    e v y ~

    Executive

    i r e c t o r ~

    TO

    SUBJECT:

    AESOLUTION

    OF

    THE

    CHAIRMAN

    AND

    MEMBERS

    OF

    THE

    I A M I

    BEACH

    R E D E V E L O P M E N T

    AGENCY

    A U T H O R I Z I N G

    THE

    H A I R M A N

    AND

    SECRETARY

    TO

    X E C U T E

    A

    I C E N S E A G R E E M E N T WITH

    MB

    R E D E V E L O P M E N T ,

    INCAND

    RDPOYAL

    PALM

    HOTELI M I T E D

    P A R T N E R S I l l P ,

    F OR

    THETILIZATION

    O

    HE6TH S T R E E T

    PUBLC

    EDESTRIAN

    E A S E M E N T AREAFOR

    O N S T R U C T I O N

    ACCESS

    TO

    THEROYAL PALM

    C R O W N E

    PLAZA

    HOTEL

    STE

    FOR

    A

    LMTED

    TIME

    P E R I O D

    DURING

    CONSTRUCTION.

    R E C O M M E N D A T I O N

    A d o p t

    thee s o l u t i o n .

    B A C K G R O U N D &

    ANALYSIS

    In

    connection

    wth

    he Ground

    Lease

    Agreement

    between

    the

    M i a m i

    B e a c h

    R e d e v e l o p m e n t Agency ("

    RDA"),

    the

    City

    of

    Mam

    B e a c h ( Cty"),

    andM

    R e d e v e l o p m e n t ,

    Inc. ("MBR"),

    n

    Easement

    A g r e e m e n t

    was

    e x e c u t e d

    that

    provides

    the

    general public wth

    pedestrian

    beach

    access

    over

    an

    Easement

    Area

    o c a t e d a l o n g

    theo u t h e r l y

    boundary

    o

    and

    wthin

    the

    o e w s H o t e l

    P r o p e r t y ,

    i m m e d i a t e l y northof

    the

    Royal

    P a l m

    H o t e l

    ste

    O

    a n u a r y

      26he Cty C o m m i s s i o n directed the

    A d m i n i s t r a t i o n

    to

    eekaenewalof

    the

    e g o t i a t i o n s

    between theLoews a n d

    Royal

    Palm

    C r o w n e

    Plaza

    Hotels

    to

    g r e e

    on

    a

    utually

    acceptable

    use

    of

    th e

    Public

    P e d e s t r i a n

    E a s e m e n t

    Area

    a

    6 th

    Sreet,

    fohe o y a l

    Palm

    so n s t r u c t i o n

    a c c e s s needs.

    houldbeoted that

    e a r l i e r d i s c u s s i o n s b e t w e e n MBRand

    RDP to

    utilize

    the

    Easement

    Area

    failed

    o p r o d u c e

    an

    agreement,

    which

    r e s u l t e d

    in

    RDPsl t e r n a t i v e

    p r o p o s a l toain

    a c c e s s

    to

    its

    it e

    va

    he

    C i t y '

    s

    righ-

    f-w ay

    a

    5 th

    Street.

    ubsequent

    to the

    public'

    s

    n e g a t i v e response

    to

    his

    proposa

    a

    he

    above

    e f e r e n c e d

    January 26

    C o m m i s s i o n

    m e e t i n g ,

    the

    d m i n i s t r a t i o n w as

    directed

    toeek

    a

    renewal

    of h e

    negotiations

    b e t w e e n

    t h e

    tw o

    parties. -?

    I -

  • 8/15/2019 2000-23870 RESO

    8/52

    The

    Administration

    coordinated

    a

    series of

    meetings

    to

    renegotiate

    the

    conditions ofan

    agreement

    wth

    the

    MBRI, the

    operator

    of the Loews Hotel, and the RDP

    Roya l

    Palm

    Hotel

    Limted

    Partnership ("

    RDP"),

    the

    developer

    of the

    Royal

    Crowne

    Plaza

    Hotel,

    to

    access the

    Royal

    Palm

    construction

    site

    for

    construction material

    and

    equipment

    deliveries

    and

    unloading

    through

    the

    1 6 '

    h

    treet

    PubicPedestrian

    E a s e m e n t A r e a ,

    to

    x p e d i t e theo t e l '

    s

    onstruction

    s c h e d u l e . A s

    a

    e s u l t

    of

    the

    e g o t i a t i o n s ,

    a

    License

    A g r e e m e n t (

    he"

    g r e e m e n t " ) ,

    herein

    a t t a c h e d ,

    has

    beenr a f t e d

    to

    be

    e x e c u t e d

    by

    the

    D N C i t y ,

    as

    wners,

    MBRI

    and

    RDP.

    The

    g r e e m e n t

    g r a n t s

    a

    i c e n s e

    to

    D P

    tot i l i ze

    the

    a s e m e n t

    A r e a

    foo n s t r u c t i o n

    reated

    u r p o s e s fo r

    a

    e r i o d

    that

    sha e r m i n a t e

    onthe

    a r l i e r

    of (

    a)

    the

    s s u a n c e

    of a

    e r t i f i c a t e

    o

    c c u p a n c y

    for

    the

    Royal

    Palm

    H o t e l

    o r , (

    b

    M a r c h

    31,

    001,

    plus

    sxty

    a ys for

    completion

    of

    the

    improvements

    tohe

    Easement

    A r e a .

    The

    improvements

    to

    he

    E a s e m e n t

    Areaar e

    to

    consisto

    decorative

    i n t e r l o c k i n g

    pavers,

    l a n d s c a p i n g , i r r i g a t i o n , lighting

    and

    other d e c o r a t i v e

    f e a t u r e s .

    Unlike

    the

    15th

    S t r e e t access

    p l a n ,

    the

    use

    ohe

    E a s e m e n t Area

    wll

    have

    nompact

    on

    e i g h b o r i n g

    p r o p e r t i e s

    other

    than the

    L o e w s H o t e l .

    In

    r d e r

    to

    i n i m i z e the

    m p a c t

    to

    oews,

    theroposed

    Agreement

    contains

    certain

    m i t i g a t i o n

    p r o v i s i o n s .

    R D P

    has

    g r e e d

    to

    omplete

    the

    i m p r o v e m e n t s , originally p a r t

    o

    B R I '

    s

    cope,

    a

    ts

    w n

    expense

    andto

    o m p e n s a t e

    M B R I the

    sum

    o$

    5 , OOO for

    attorney'

     se e s

    an d

    costs

    n c u r r e d

    in

    the

    r e p a r a t i o n

    o

    heg r e e m e n t .

    In

    eturn, BRI ha s

    a g r e e d

    reimburse

    R D P ,

    inhe

    amount

    o

    2 ,

    000,o w a r d

    the

    osts i n c u r r e d

    by

    D P in

    connection

    with

    th e

    i m p r o v e m e n t sto

    h e

    Easement

    Area.ItisDP

    s

    e s p o n s i b i l i t y

    t h a t

    itse n e r a l Contractor

    and

    all

    its

    s u b c o n t r a c t o r s

    and

    aborers f u l l y abide by the conditions o fRDP '

    s

    seof

    thea s e m e n t Area,

    i n c l u d i n g , bu t

    not

    imited

    to,

    the

    ours

    o

    p e r a t i o n ,

    rules

    and

    e g u l a t i o n s ,

    m i ti g a t i o n ,

    s e c u r i t y

    andi g h t i n g , m a i n t e n a n c e

    and

    f e n c i n g ,

    as

    e s c r i b e d in

    thegreement.

    T h e

    Easement

    Aea

    wll remain

    r e s t r i c t e d

    to o n s t r u c t i o n

    access

    and

    use d u r i n g the

    above-e s c r i b e d t e r m

    and

    wll

    be

    onverted into

    a

    public

    pedestrian

    a c c e s s w a y

    once

    the

    m p r o v e m e n t s

    are

    completed.

    The

    prompt

    execution

    of

    this A g r e e m e n t

    wll

    allow

    c c o r d i n g

    toDP,

    to

    ave

    a p p r o x i m a t e l y one

    hundred

    a n d

    twenty (

    120

    ays

    off

    the

    e v e l o p e r '

    s

    a n t i c i p a t e d

    c o n s t r u c t i o n

    s c h e d u l e . The d m i n i s t r a t i o n

    andhe

    Cty

    ttorney'

    s

    office

    have

    evewed

    the a t t a c h e d License

    A g r e e m e n t .

    The Administration

    r e c o m m e n d s

    that

    the

    hairman

    and

    he

    Members

    ofthe

    i a m i B e a c h

    R e d e v e l o p m e n t

    A g e n c y

    authorize

    the

    Chairman

    and

    he

    S e c r e t a r y

    to

    x e c u t e a

    icense

    A g r e e m e n t

    with

    MB

    e d e v e l o p m e n t , Inc

    and

    D P

    R o y a l Pam

    r o w n e

    P l a z a

    Limited P a r t n e r s h i p ,fo

    he

    t i l i z a t i o n of

    16h

    Sree P u b l i c P e d e s t r i a n

    E a s e m e n t

    Areafoo n s t r u c t i o n access to

    the R o y a l Pam

    r o w n e

    Plaza Hotel

    se

    for

    a

    limited

    t i m e p e r i o d

    d u r i n g

    c o n s t r u c t i o n .

    LAL/

    8 J t ~ ~

    H2

    s Y S \ D O H P \SALLl e x a n d r a \

  • 8/15/2019 2000-23870 RESO

    9/52

    LICENSE

    AGREEMENT

    THIS

    LICENSE

    AGREEMENT (

    the "

    Agreement")

    is made

    and

    entered

    into the

    151'

    d a y

    of tv. ~ '

    000,

    b

    nd

    etween

    MAM

    EACH

    R E D E V E L O P M E N T

    A G E N C Y ,

    a

    public

    body

    c o r p o r a t

    an d

    politic (

    the "

    w n e r " ) .CTY

    OF

    I A M I

    BEACH,

     a

    u n i c i p a l

    c o r p o r a t i o n

    ohe

    Sate

    of

    F l o r id a (

    the "

    Cy),

    B

    R E D E V E L O P M E N T ,

    INC.,

     a

    l o r i d a

    corporation ("

    MB

    R e d e v e l o p m e n t " ) ,

    andRDPROYALPALM

    HOTEL

    I M I T E D P A R T N E R S H I P ,a

    lorida

    limited

    partnership ("

    R D P " ) . R E C I T A L S :

    A

    B

    R e d e v e l o p m e n t

    is

    he

    lessee

    of

    certain

    real

    p r o p e r t y

    lying,

    being,

    n d

    situated

    in

    iami-

    Dade

    C o u n t y ,

    Florida (

    the "

    oews

    Hote

    P r o p e r t y " )

    p u r s u a n t

    to

    that

    e r t a i n

    A g r e e m e n t

    oe a s e

    e n t e r e d

    into

    bnd

    e t w e e n

    O w n e r

    and

    B

    R e d e v e l o p m e n t ,

    a n d

    j o i n e d

    in

    by

    he City

    to

    the

    xtent

    p r o v i d e d

    therein,

    dated

    September 20,1996

    and

    e c o r d e d

    in

    O f f i c i a l

    R e c o r d s

    Book

    17360,

    a g e

    4753,

    o

    the

    Public

    R e c o r d s

    o

    iam-

    Dade

    County,

    l o r id a (

    the "

    o e w s

    Ground

    e a s e " ) ,

    pursuant

    to

    which

    MB

    e d e v e l o p m e n t

    is

    mong other

    things, o p e r a t i n g the

    oews

    M i a m i

    B e a c h

    Hotel (the "

    Loews

    H o t e l " )

    on

    the

    oews

    Hotel

    P r o p e r t y .B

    Inccordance

    wthArticle21

    of

    the

    Loews

    G r o u n d

    Lease,Owner

    and

    he

    Cty

    e x e c u t e d

    that

    e r t a i n

    Easement

    Agreement dated

    S e p t e m b e r

    20, 9 9 6 and

    recorded in

    Official

    R e c o r d s

    Book

    17362, P a g e

    109

    o

    the

    u b l i c Records ofMam-ade

    County,

    l o r i d a (

    the "

    a s e m e n t

    A g r e e m e n t ) ,

    p u r s u a n t

    to

    which

    an

    asement

    w as

    granted

    tor o v i d e

    the

    e n e r a l p u b l i cwth

    edestrian

    access

    over

    thea s e m e n t

    A r e a (

    ase fmed

    in

    he

    a s e m e n t

    Agreement)between

    C o l l i n s

    A v e n u e

    andhe Atlantic

    Ocean

    beach

    a l o n g

    the

    o u t h e r l y

    b o u n d a r y

    o

    and

    i t h i n

    the

    oews Hotel

    Property, a

    copy

    o

    h i c h Easement

    A g r e e m e n t

    is

    a t t a c h e d h e r e t o an d

    madeaar t

    h e r e o f

    asx h i b i t

    A

    C

    DP

    sthe lessee of the

    that

    ertain

    real

    p r o p e r t y

    located

    i m m e d i a t e l y

    to

    he

    south

    of

    the Loews

    Hote

    P r o p e r t y (the "

    Crowne

    Plaza

    H o t e l

    P r o p e r t y " ) ,

    pursuantto

    hat certain

    A g r e e m e n t

    o

    e a s e

    e n t e r e d

    into

    by

    n d

    b e t w e e n Owner

    and

    RDP

    and

    joined

    inby

    h e

    Cty

    tohe

    e x t e n t

    p r o v i d e d

    t h e r e i n , dated October

    21,1997

    and

    recorded

    in

    f f i c i a l Records

    Book

    18170,

    Page

    893,

    f

    theublic

    R e c o r d s

    o

    Miami-

    Dade

    C o u n t y ,

    F l o r id a (

    the "

    r o w n e

    Paza

    r o u n d

    Lease"),

    u r s u a n t

    to

    hich

    RDP

    is,mong

    other

    things,

    inhe processoo n s t r u c t i n g

    the

    R o y a l

    P a l m

    Crowne

    P l a z a Hotel (

    he " r o w n e

    Paza

    Hotel")

    onthe

    C r o w n e Plaza Hotel

    P r o p e r t y .

    D

    To

    a c i l i t a t e

    theo n s t r u c t i o n

    o

    he Crowne

    P l a z a

    Hotel,

    RDP,the

    wner,

    and the

    Cty

    esire

    t h a t

    R D P

    be

    r a n t e d

    a

    icense

    totilize

    the

    E a s e m e n t Area

    for

    c e r t a i n

    p u r p o s e s

    r e l a t e d

    to

    he

    c o n s t r u c t i o n

    of

    the

    r o w n e

    Paza

    Hotel,

    n dthe

    wner,

    the

    ty,

    n d MB

    R e d e v e l o p m e n t

    have

    agreed

    to

    g r a n t

    RDP

    such lcense

    toa c i l i t a t e

    s u c h construction,

    u b j e c t to

    the

    terms

    and

    conditions

    h e r e i n a f t e r

    setorth.

    NOW

    T H E R E F O R E ,

    for

    and

    in

    o n s i d e r a t i o n

    o

    he

    mutual

    p r o m i s e s

    and

    a g r e e m e n t s

    herein

    mde

    nd

    other

    good

    and

    a l u a b l e

    c o n s i d e r a t i o n ,

    the receipt

    and s u f f i c i e n c y

  • 8/15/2019 2000-23870 RESO

    10/52

    I.

    Incorporation of

    Recitals.

    The

    above

    recitals are

    true

    and

    correct

    and

    are

    incorporated

    herein as if

    set forth

    in full.

    2

    i c e n s e .

    O~er,

    the

    City,

    and

    M

    e d e v e l o p m e n t hereby

    g r a n t

    ai c e n s e

    to

    D P

    to

    t i l i ze

    the

    a s e m e n t

    A r e afo

    certain

    purposes

    r e l a t e d

    to

    the

    o n s t r u c t i o n

    ofthe

    rowne

    Plaza

    Hotel,

    u b j e c t

    to

    the

    e r m s

    ando n d i t i o n s

    of

    ths

    A g r e e m e n t .

    3

    erm.T h e term

    o

    his Agreement shall c o m m e n c e on

    the

    ate hereof

    and,

    uness

    a r l i e r

    terminated

    in

    c c o r d a n c e

    wth

    his

    Agreement,

    shall t e r m i n a t eonhe e a r l i e r

    of (

     ahe i s s u a n c e

    of

    ai n a l

    certificate

    of

    o c c u p a n c yfo

    he

    rowne P l a z a H o t e l

    o (

    b)arch

    31

    0 0 1 ( the "

    Term"),

    u b j e c t

    tothe

    d d i t i o n a l

    sxty (

    0)

    ay

    perod

    or completion

    o

    he

    Improvements (

    as hereinafter

    d e f i n e d )

    as

    described

    ine c t i o n7

    ,

    below.

    4

    e r m i t t e d

    Uses

    of

    a s e m e n t A r e a .

    During

    the

    Term,

    D P

    ma y

    utilize

    he

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    soey

    orthe

    purpose

    of

    deliveries

    a n d

    u n l o a d i n g

    oa t e r i a l ,

    equipment,

    and

    p e r s o n n e l

    to

    nd

    from

    he

    C r o w n e

    Plaza

    H o t e l

    P r o p e r t y .

    T h e

    E a s e m e n t

    Area

    may

    not

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    by

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    it s

    a g e n t s

    for

    v e r n i g h t (

    i.

    ,

    ate

    7

    0

    p

    .)

    a r k i n g

    or s t o r a g e .

    MB

    e d e v e l o p m e n t

    m a k e s

    no r e p r e s e n t a t i o n s

    to

    DP asthe

    effect,

    ifany,

    o

    his

    A g r e e m e n t

    on

    the

    a s e m e n t

    g r a n t e d

    tohe

    p u b l i c

    under

    the

    a s e m e n t

    Agreement.

    Upon

    any

    termination

    o

    hea s e m e n t A g r e e m e n t ,ths

    g r e e m e n t shall

    a u t o m a t i c a l l y

    t e r m i n a t e wthout

    f u r t h e r notice

    or i n s t r u m e n t . O w n e r

    and

    the

    ity

    a c k n o w l e d g e

    t h a t

    RDP'

    s

    se

    o

    he

    a s e m e n t

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    p u r s u a n t

    to

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    n e c e s s a r i l y r e s u l t

    in

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    public

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    to

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    erme r e o f , an d

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    closure

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    the Easement

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    he

    a s e m e n t

    A g r e e m e n t .

    To o n s t r u c t

    the

    C r o w n e

    P l a z a

    H o t e l ,

    R D P

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    Clark C o n s t r u c t i o n G r o u p , I n c .

    as

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    genera

    c o n t r a c t o r ( he"

    DP GC").ItsDP 's

    e s p o n s i b i l i t y

    to

    ensure

    hat

    the

    RDP

    GCnd

    all

    of

    its

    subcontractors

    a n d

    l a b o r e r s

    f u l l y

    u n d e r s t a n d

    a n d

    a b i d e

    b

    he

    o n d i t i o n s

    o

    DP'

    s

    use

    f the a s e m e n t

    A r e a

    and

    o o p e r a t e

    with

    MB

    R e d e v e l o p m e n t '

    s

    useof

    the

    a s e m e n t

    A r e a fortheir

    respective purposes.

    5

    Rules

    and R e l Z U l a t i o n s .

    During

    the

    T e r m ,the

    o l l o w i n g

    p o l i c i e s wll

    govern

    RDP'

    suse

      o

    the

    a s e m e n t Area,

    it h

    such

    p o l i c i e s s u b j e c t

    to

    e a s o n a b l e

    n o n m a t e r i a l change

    from

    time

    to

    im e atMB

    R e d e v e l o p m e n t '

     s

    sole

    d i s c r e t i o n ,

    any

    such

    c h a n g e s

    to

    b e

    effective u p o n

    seven (

    7

    ays'

    prior

    written

    n o t i c e

    to

    RDP:

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    ourso

    O p e r a t i o n :

    RDP

    an d

    the D P G C

    may

    u t i l i z e

    th e

    E a s e m e n t

    Area

    only

    d u r i n g

    the h o u r s

    o

    00

    a

     

    o

    7

    0

    p

    ., even (

    7

    ays

    per

    w e e k .

    No

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    to

    ths

    i m e f r a m e

    wll

    be

    permitted.

    However,

    subject

    to

    RDP

    o b t a i n i n g approval from the

    City (

    in

    ts

    g o v e r n m e n t a l

    as

    opposedtor o p r i e t a r y

    c a p a c i t y ) ,

    R D P

    my

    tilize

    the

    asement A r e a

    for

    e a r l y -

    m o r n i n g

    c o n c r e t e pours

    on

    Monday

    through

    F r i d a y

    only. In a d d i t i o n ,

    MB

    e d e v e l o p m e n t

    r e s e r v e s the

    ight,

    at

    ts

    sole

    d i s c r e t i o n ,

    to

    r o h i b i t RDP's

    use

    o

    he Easement Area

    foours

    and

    days

    as may

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    ecessary

    in

    o r d e r top e r a t e e v e n t s

    or

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    the

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    Hotel

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    u b j e c t

    to the

    f o l l o w i n g

    c o n d i ti o n s : (

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    If

    he

    use

      o

    he

    E a s e m e n t

    Area

    by

    MB R e d e v e l o p m e n t

    wll

    be

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    2

    o u r s or

    less,

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    MB R e d e v e l o p m e n t

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    R D P

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    Bfhe

    use

    f

    the

    E a s e m e n t

    A r e a b y

  • 8/15/2019 2000-23870 RESO

    11/52

    at least ten (

    10)ays'

    prior

    written

    n o t i c e (

    it

    eng

    c k n o w l e d g e d

    that

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    egh (

    8

    o n s e c u t i v e

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    a n d (

    C

    In

    ny

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    B

    e d e v e l o p m e n t ,

    RDP

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    use

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    effortso

    a c c o m m o d a t e a

    e q u e s t

    by

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    e d e v e l o p m e n t even

    if

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    notice

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    B

    R e d e v e l o p m e n t to

    RDP

    In

    d d i t i o n , RDP

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    byw n e r and/

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    theCty

    or

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    he

    E a s e m e n t Area.

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    DP

    and/orhe RDP

    GCutilize

    thea s e m e n t

    Area

    at

    ny

    timeo

    imes o t h e r

    than

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    p e r m i t t e d

    in

    h is

    Section5

    i

    i t h o u t

    MB

    R e d e v e l o p m e n t '

    s

    rior

    written

    a p p r o v a l ,

    then

    R D P

    shall

    pay

    o

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    as

    i q u i d a t e d d a m a g e s a n d

    not

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    the

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    amounts:

    N U M B E R

    OFI O L A

    nONS

    MOUNT

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    L I Q U I D A T E D

    D A M A G E S

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    3

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    8

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    0

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    00

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    000

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    0 pe r

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    IfRDP a n d /or

    the

    DP GC

    volate

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    ten (

    10) i m e s , then

    RDP

    shall

    be

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    e

    n

    deautof

    ths

    greement, an d

    MB

    e d e v e l o p m e n t ,

    the

    wner,

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    s h a l l

    have

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    right

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    thsg r e e m e n t

    w i t h o u t

    the

    e c e s s i t yfo

    r o v i d i n g RD P with anyo t i c e and/

    ocure

    period.

    It

    se r e b y agreed

    that

    MB R e d e v e l o p m e n t '

    s

    d a m a g e s

    may

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    difficultto

    s c e r t a i n

    and

    that

    the

    m o u n t s

    setorth

    a b o v e

    constitute reasonable

    liquidation t h e r e o f

    and

    are

    intended not

    as

    a

    enaty, but

    as

    iquidated

    d a m a g e s .

    MB

    e d e v e l o p m e n t wll notify R D P p r o m p t l y

    upon M B

    R e d e v e l o p m e n t

    becoming

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    v i o l a t i o n

    o

    he

    permitted

    t i m e f r a m e s .

    The

    l i q u i d a t e d

    damages

    payable

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    to

    ths

    S e c t i o n

    5

    i

    re

    a y a b l e

    by

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    i t h i n

    thirty (0)

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    R D P '

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    o

    ritten

    n o t i c e fromMB

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    ii.

    o n s t r u c t i o n

    M i ti g a t io n P r o g r a m :

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    shal

    i m p l e m e n t

    a n d

    maintain,

    atits

    xpense,

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    o

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    Term

    the

    fol lowing program

    to

    d d r e s s dust,

    e b r i s ,andoise impacts

    upon

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    o e w s

    H o t e l :

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    n c l u d e b o o m

    swngs)

    ver t h e

    Loews

    H o t e l

    Property

    other

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    asement Area (

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    c k n o w l e d g e s

    that

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    Hotel

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    and

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    s

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    .n s t a l l a t i o no

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    E a s e m e n t

  • 8/15/2019 2000-23870 RESO

    12/52

    e.

    Minimization

    ofvehic1e

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    hall

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    n y

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    on

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    o

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    portion

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    ends.IfD Pa

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    the

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    e d e v e l o p m e n t

    immediately

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    n y ,

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    MB

    e d e v e l o p m e n t

    ncurs

    in

    f f e c t i n g

    RDP

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    and

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    not

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    at

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    thea m e

    security

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    x i s t s

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    of

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    event

    RDPshall

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    any

    F l o r i d a

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    o

    n v i r o n m e n t a l Potection

    equirements

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    iv

    M a i n t e n a n c e :

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    m a i n t a i n

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    use

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    system

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    imes

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    Loews

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    RDP, at

    its

    expense,

    shall

    also

    maintain the

    construction

    fence as

    described

    below.

    v

    Ent ry

    onto

    Easement

    Area: RDP

    may

    enter

    the

    Easement

    Area

    from

    Collins

    Avenue.

    vi.

    Security:

    RDP,

    at

    its

    expense,

    shall

    install

    an

    unmanned

    security

    gate

    along

    the

    east side

    of

    the

    loading

    dock

    at

    the

    St.

    Moritz

    port ion

    of

    the

    Loews

    Hotel.

    The

    exact

    location of

    this

    gate

    as

    well

    as its

    design

    and

    fimction

    is

    subject

    to

    the

    prior

    written consent

    ofMB

    Redevelopment.

    6

    o n s t r u c t i o n

    o

    ence.

    R D P , at

    its

    x p e n s e ,

    shall

    i n s t a l l , noater

    than

    thirty (

    30)

    ays

    after

    the date

    o

    h is

    Agreement,

    a

    t e m p o r a r y

    six (

    6)-

    oot-

    to-

    ight (8)-

    oot

    high

    c h a i n

    link

    ence a l o n g the

    north

    side

    of th e Easement Area,

    at

     a

    stance

    f rom

    the

    western

    a c c e s s

    gate

    and

    o n t i n u i n g

    a l o n g

    the

    northern

    border

    of the Easement

    Area

    to

    theo e w s Hotel'

    s

    xisting poo

    a t e .

    The

    exact

    l o c a t i o n

    ofhis

    f e n c e

    as

    ell

    as

    ts

    design

    a n d

    f i m c t i o n

    is

    ubject

    to

    he

    prior

    written

    c o n s e n t

    of

    MB

    R e d e v e l o p m e n t .

    RDP,

    a

    ts

    e x p e n s e ,

    s h a l l m a i n t a i n

    this

    fence

    in

      a"irst- class" a n n e r ,

    b e c a u s e

    the

    fence

    will

    be

    i ewed

    from

    he Loews Hote.

    Damaged

    or

    broken

    e c t i o n s , regardless

    ofi r c u m s t a n c e

    o

    a u s e ,

    shall

    bee p a i r e d

    by

    RDP

    within t h r e e (

    u s i n e s s days

    after

    the

    incident

    o

    o t i c e

    rom

    B

    R e d e v e l o p m e n t .

    7

    C o m p l e t i o n

    o

    I m o r o v e m e n t s

    to

    Easement

    A r e a .a

    RDP

    g r e e stoo n s t r u c t

    fo

    MB

    e d e v e l o p m e n t ,

    a

    RDP

    sx p e n s e (

    except

    as

    otherwse

    e x p r e s s l y

    set

    forth

    elow),

    al

    m p r o v e m e n t s

    tohe

    E a s e m e n t

    Area (

    ncluding,

    without

    l im i ta t i o n ,

    wals.

    curbs,

    alkway,

    i n t e r l o c k i n g

    pavers,

    aving,

    landscaping,

    irrigation,

    l i g h t i n g , and

    decorative

    features)o l l e c t i v e l y ,

    I m p r o v e m e n t s " ) ,

    s

    more

    a r t i c u l a r l y

    d e s c r i b e d

    inx h i b i t

    B

    t tached

    h e r e t o

    and

    ade

    a

    pat

    ereof (

    the "

    m p r o v e m e n t s Pans

    and

    p e c i f i c a t i o n s ) .

    R D P

    w i l l

  • 8/15/2019 2000-23870 RESO

    13/52

    hereinafter

    defined)

    of the

    Improvements,

    in

    a

    good

    and

    workerlike

    manner,

    and consistent

    wth

    the

    level of

    quality

    for

    luxury

    hotels, nolater

    than

    the

    expiration

    of

    the

    Term(the "

    Substantial

    Complet ion

    Deadline").

    RDP

    hereby

    provides

    MB

    Redevelopment

    wth a

    one (

    I)

    ear

    warranty

    for the

    Improvements,

    such that,

    fOr

    a

    per iod

    of one (

    I)

    year

    from the

    date of Substantial

    Complet ion,

    RDP

    covenants

    to

    repair

    or

    replace (

    ifneeded)

    any

    defect in

    material

    or

    workmanship

    of the

    Improvements.

    Any

    improvements

    to the

    Easement

    Area

    previously

    constructed

    by

    MB

    Redevelopment

    and/or

    LMB

    are excluded from the

    scope

    of

    work of the

    Improvements

    requi red

    to

    be constructed

    by

    RDP

    pursuant

    to this

    Agreement.

    As of

    the

    date hereof,

    to

    the

    best

    actual

    knowledge

    of

    MB

    Redevelopment .

    there

    are no

    underground

    utilities

    in the

    Easement

    Area

    except

    for a two ( 2)

    nch

    water

    line

    a n d

    a

    drain

    p i p e .

    b)

    As

    p a r t

    of

    the

    m p r o v e m e n t s ,

    R D P , at

    its

    x p e n s e ,

    shal

    r e m o v e

    any

    e m p o r a r y

    f e n c i n g

    and

    a n d s c a p i n g ,

    and

    shaH

    r e p a i n t

    MB

    e d e v e l o p m e n t

    reviously-

    constructed

    m a s o n r y wa,

    c o n s i s t e n t

    wth

    already-

    applied

    colors.

    R D P , at

    its

    x p e n s e ,

    shall

    also

    r e p a i r

    in

    c c o r d a n c e

    with

    the

    origina

    I m p r o v e m e n t s

    Plans

    and

    p e c i f i c a t i o n s ,

    any

    a m a g e

    to

    the

    djacent

    i m p r o v e m e n t s (

    including,

    wthout

    l im i t a t io n , the

    north

    r i v e w a y

    curb

    and

    a v e r s atthe

    w e s t e n d

    o

    a s e m e n t

    A r e a ) .

    c

    o t w i t h s t a n d i n g

    the

    o r e g o i n g ,

    ino n n e c t i o n

    with

    the

    m p r o v e m e n t s ,

    MB

    e d e v e l o p m e n t

    wH

    e i m b u r s e

    RDP$

    2,000.00

    t o w a r d s

    the

    o s t s

    incurred

    by

    RDP

    in

    o n n e c t i o n

    wth

    he

    I m p r o v e m e n t s .

    S u c h

    a m o u n t wiH

    be

    paid to

    RDP

    wthn

    thrty (

    0)

    days

    f t e r Substantial

    C o m p l e t i o n (

    as

    e f i n e d in

    subsection (

    f) b e l o w ) ohe I m p r o v e m e n t s .d

    I

    RDP

    as

    no

    chieved

    S u b s t a n t i a l

    C o m p l e t io n (

    as

    e r e i n a f t e r d e f m e d )

    o

    the

    I m p r o v e m e n t s

    on

    or

    before

    sxty (

    60ays

    after

    the

    ubstantial C o m p l e t i o n

    D e a d l in e (

    he"

    iquidated

    D a m a g e s D e a d l i n e " ) ,

    for

    any

    r e a s o n

    w h a t s o e v e r ,

    hen

    D P

    shal

    pay

    to

    MB

    R e d e v e l o p m e n t , a s

    l i q u i d a t e d

    d a m a g e s

    and

    not

    as

    a

    e n a l t y ,

    an

    a m o u n t

    e q u a lto $

    ,

    000

    00

    peay for

    each

    day from

    the Liquidated Damages

    Deadline

    u n t i l the

    dae

    ha t

    RDP

    has

    achieved

    Substantial

    C o m p l e t i o n of

    the

    I m p r o v e m e n t s (

    the " L i q u i d a t e d

    Damages") ;

    r o v i d e d ,

    however,that

    fo

    he

    first

    thirty (

    30)

    a y s

    f o H o w i n g

    the

    L i q u i d a t e d D a m a g e s

    D e a d l i n e , th e

    L i q u i d a t e d D a m a g e s

    shall

    be

    equa

    o $

    500.

    00er

    d a y .It

    shereby a g r e e d

    that

    MB

    R e d e v e l o p m e n t '

    s

    ctua

    damages

    my

    be

    i f f i c u l t

    to

    ascertain and that th e

    L i q u i d a t e d

    D a m a g e s

    c o n s t i t u t e s

    reasonable

    liquidation

    t h e r e o f

    and

    is

    n t e n d e d

    no

    as

    a

    p e n a l t y ,

    bu t

    asi q u i d a t e d

    d a m a g e s .

    For

    a c h day

    o

    i q u i d a t e d D a m a g e s

    that

    may

    be p a y a b l e

    by

    R D P

    p u r s u a n t

    toh is

    Section7

    d,he

    L i q u i d a t e d

    D a m a g e s foreach such

    day

    are

    a y a b l e

    by

    DP

    wthin

    t h i r t y (

    30)

    days f t e r the

    a te

    tha

    a c h

    such

    day'

     s

    iquidated

    D a m a g e s

    accrue

    e

    n

    addition

    to

    D P 's

    esponsibility

    to

    a y

    the

    Liquidated

    D a m a g e s

    as

    described

    above,

    if

    RDP

    fails

    to

    c h i e v e S u b s t a n t i a l

    C o m p l e t i o n

    of

    the

    I m p r o v e m e n t s by

    he

    L i q u i d a t e d

    D a m a g e s

    Deadline,

    hen

    MB

    e d e v e l o p m e n t

    shall

    haveh e

    right,

    upon

    w r i t t e n

    notice to D P ,to

    a u s e

    S u b s t a n t i a l

    C o m p l e t i o n

    of them p r o v e m e n t s (

    b

    o

    t h r o u g h

    the

    RDP

    C

    o

    t h e r w i s e ) ,

    and

    any

    nd all

    c o s t s

    a n d e x p e n s e s

    incurred

    by

    MB

    R e d e v e l o p m e n t

    in

    ffecting

    such

    u b s t a n t i a l

    C o m p l e t i o n s h a l l

    be

    a id

    to

    MB

    e d e v e l o p m e n t

    w i t h i n t h i r t y (

  • 8/15/2019 2000-23870 RESO

    14/52

    t)

    For

    purposes

    of

    this

    Agreement,

    Substantial

    Complet ion"

    shall mean

    that (

    i)

    the

    Improvements

    shall

    have

    been

    completed (

    free

    of

    construction liens)

    substantially

    in

    accordance

    wth

    the

    Improvements

    Plans

    and

    Spe cif ications, (

    ii)

    a

    certificate (

    certified

    to

    MB

    Redevelopment

    and

    the

    Agency

    on

    the standard

    AlA:

    certification

    form)

    shall

    have

    been

    obtained

    from the either

    the architect

    that

    prepared

    the

    Improvements

    Plans

    and

    Specifications

    orRDP's architect

    of

    record for the Crowne

    Plaza Hotel

    substantial ly stating

    that the

    certifying

    architect

    has examined

    the

    Improvements

    Plans

    and

    Specif ications

    and

    that,

    in

    its

    professional

    judgment,

    after

    diligent

    inquiry,

    construction of the

    Improvements

    has

    been

    Substantially

    Comple ted

    in

    accordance

    wth

    the

    Improvements

    Plans

    and

    Specifications

    and,

    as constructed,

    the

    Improvements

    comply

    wth all

    applicable

    Requi reme nts (

    as

    hereinafter

    defined),

    and (

    iii)

    all of

    the

    Improvements

    shall

    have

    been issued

    certificates of

    completion

    and/

    or

    occupancy. " Requi rements"

    means

    any

    and

    all laws,

    constitutions,

    rules,

    regulations,

    orders,

    ordinances,

    charters,

    statutes, codes,

    executive

    orders,

    and

    requirements

    of the

    United States

    of

    America,

    the

    State of

    Florida,

    he

    City

    of Miam

    Beach,

    Miami-

    Dade

    County,

    the

    Agency (

    in

    its

    governmental

    as

    opposed

    to

    proprietary

    capacity)

    and

    any

    agency,

    department,

    commission,

    board, bureau,

    instrumentality

    or

    political

    subdivision (

    including

    any

    county

    ordistrict)

    of

    any

    of the

    foregoing,

    now

    existing

    or

    hereafter created,

    having

    jurisdiction

    over

    MB

    Redeve lopment

    or

    over

    or

    under the Loews

    Hotel

    Property

    or

    any

    portion

    thereof

    or

    any

    street.

    road, avenue

    or

    sidewalk

    comprising

    a

    part

    of,

    or

    in

    front

    of,

    the

    Loews Hotel

    Property,

    or

    any

    vault

    in

    orunder the Loews

    Hotel

    Property,

    or

    airspace

    over

    the

    Loews

    Hotel

    Property ( including,

    wthout

    limtation,

    any

    of

    the

    foregoing

    relating

    to

    handicapped

    access,

    the

    Building

    Code

    of

    the

    City

    and

    the laws,

    rules,

    regulations,

    orders, ordinances, statutes, codes,

    and

    requi rements

    of

    any

    applicable

    Fire

    Rating

    Bureau or

    other

    body exe rc is ing

    simlar functions); the

    temporary

    and/or

    permanent

    certificate

    or

    certificates

    of

    occupancy

    issued

    for the Loews Hotel

    Proper ty

    as

    then

    in force; and the

    requi rements

    of the

    Davis-Bacon

    Act (

    40 U.

    S.

    C. 9

    276

    a)

    if

    applicable,

    n d the

    r e q u i r e m e n t s

    ofthe

    Ctyo

    i a m i

    B e a c h

    O r d i n a n c e N o .

    94

    9 6 0 . g

    D P '

    s

    b l i g a t i o n

    to

    o n s t r u c t

    the

    I m p r o v e m e n t s

    and

    provide the

    one-

    ea r

    warranty

    t h e r e f o r

    shall

    survive

    the

    e x p i r a t i o n

      o

    he

    Term

    o

    ny

    t e r m i n a t i o n

    o

    his

    Agreement (

    w h e t h e r

    by

    e f a u l t

    or

    otherwise).

    hi t l e

    to

    hem p r o v e m e n t s

    a n d

    all

    portions thereof shall

    at

    al

    tims

    remain

    estedin

    MB

    e d e v e l o p m e n t .

    8. C o m p l i a n c ewthaws; o n s t r u c t i o n Liens.

    a)nconnection

    with

    itsu s e

    o

    hea s e m e n t

    Aea

    and

    its

    b l i g a t i o n s

    under

    this A g r e e m e n t ,

    RDP

    agrees

    to

    comply

    wth

    al

    p p l i c a b l e

    R e q u i r e m e n t s . b)

    RDP

    shal

    p r o m p t l y

    pay

    for

    al l

    materials

    s u p p l i e d an d

    wok

    o n e

    in

    respecto

    he I m p r o v e m e n t s

    tothe

    a s e m e n t Area soasto

    nsure

    thatno

    ien

    is

    recorded

    against

    any

    portion

    o

    the

    o e w s Hote

    P r o p e r ty ( i n c l u d i n g ,

    without

    l i m i t a t i o n ,

    the

    a s e m e n t

    Area)

    o

    g a i n s t

    M B

    R e d e v e l o p m e n t ' s i n t e r e s t

    therein.

    If

    a

    lien

    s

    soe c o r d e d , RDP

    hall

    discharge

    it

    p r o m p t l y

    by

    a y m e n t

    o

    o n d i n g .If

    ny

    such

    ien

    a g a i n s t

    the

    o e w s Hotel

    Property

    o r

    MB

    e d e v e l o p m e n t 's

    interest t h e r e i n

    is

    e c o r d e d and

    not

    i s c h a r g e d

    by

    RDP

    as

    bove required '

    W i t h i n

    ten (

    10)

    days

    o l l o w i n g written

    n o t i c e

    to

    D P ,M

    e d e v e l o p m e n t

    shal l

    h a v e the

    ight

    to

    e m o v e such lien

    by

    b o n d i n g

  • 8/15/2019 2000-23870 RESO

    15/52

    thereof (

    including

    without

    limitation

    attorneys'

    fees

    and

    costs

    related

    thereto) shall be

    paid

    immediate ly

    fromRDP

    to

    MB

    Redevelopment.

    9

    e p a i r

    o

    a l n a l

    e

    DP

    wl1

    m m e d i a t e l y

    r e p a i r

    oa u s e

    to

    epair

    any

    a m a g e

    to

    the

    o e w s

    Hotel

    Property

    c a u s e d

    by

    h r o u g h ,

    onder RDP

    orthe

    RD P

    GC

    or

    n y ofits

    s u b c o n t r a c t o r s ,

    l a b o r e r s ,

    o

    material s u p p l i e r s .

    Upon

    r e c e i p t

    oritten

    notice

    from

    MB

    e d e v e l o p m e n t , RDP

    shal

    c o m p l e t e any

    repairs within

    three (

    3

    u s i n e s s days,

    o

    u c h

    t i m e f r a m e

    as

    may

    be

    a g r e e d

    to

    by

    B

    R e d e v e l o p m e n t

    ife p a i r

    work

    is e x t e n s i v e .

    If

    D P

    fails

    to

    e r f o r m a n y

    o

    tsb l i g a t i o n s

    under

    this

    Agreement,

    MB

    R e d e v e l o p m e n t

    s h a l l

    have

    the right, but

    not

    the

    duty,

    uponprior w r i t t e n

    notice

    to

    correct anyo n d i t i o n a n d /o

    to

    ake

    r e p a i r s

    a n d /

    o

    to

    e r f o r m

    m a i n t e n a n c e ,

    andhe

    reasonable

    costs t h e r e o f

    shall be

    paid

    by

    DP

    promptly

    after

    w r i t t e n n o t i c eo

    the

    a m e .

    N o t w i t h s t a n d i n g

    the

    o r e g o i n g

    p r o v i s i o n s

    o

    his

    p a r a g r a p h ,

    RDP

    s h a l l

    no

    e

    r e s p o n s i b l e

    for

    repair ing

    or

    estoring

    a n y d a m a g e

    to

    he

    a s e m e n t

    A r e a

    o

    hem p r o v e m e n t s l o c a t e d

    therein

    o

    hereon

    including,

    w i t h o u t

    limitation,

    any

    f e n c i n g )

    c a u s e d

    bythects,

    omissions,

    or n e g l i g e n c e

    o

    B e d e v e l o p m e n t ,

    LMBhe

    O w n e r ,

    or

    the Cty,

    o

    heir

    respective

    a g e n t s , employees,

    o

    o n t r a c t o r s .

    10.

    ndemnity.

    RD P

    shall

    i n d e m n i f y and

    hodtheotel

    O w n e r

    I n d e m n i f i e d

    P a r t i e s (

    as

    e f i n e d in

    paragraph

    4

    hea s e m e n t

    A g r e e m e n t )

    h a r m l e s s

    from

    al

    loss,

    cost,

    liability, caim

    amageand

    expense (

    including,

    w i t h o u t l i m i t a t i o n , reasonable

    attorneys'

    fees

    and

    d i s b u r s e m e n t s ) , p e n a l t i e s

    and

    ines,

    n c u r r e d

    in

    o n n e c t i o n

    with

    or

    arising

    rom

    any

    c t s ,

    o m i s s i o n s

    or

    n e g l i g e n c e

    o

    DP

    o

    any

    person

    o

    t h e r

    entity

    c l a i m i n g

    t h r o u g h

    o

    n d e r

    RDP

    n.

    about,

    or

    o n c e r n i n g

    the

    a s e m e n t

    Area,or

    r i s i n g

    inany w a y

    ou

    o

    DP '

    s

    e s p o n s i b i l i t i e s

    u n d e r this

    Agreement,

    e x c e p t

    to the

    extent

    a n yo

    th e

    f o r e g o i n g

    isaused

    by

    theg r o s s negligence

    or

    w i l 1 f u l

    m i s c o n d u c t ofanyo

    theotel

    O w n e r

    I n d e m n i f i e d Parties,or

    the

    O w n e r ,

    the

    Cty,

    oher

    e s p e c t i v e agents,

    e m p l o y e e s ,

    or

    contractors.

    RD P

    shall

    i n d e m n i f y

    and

    hod

    he

    w n e r

    I n d e m n i f i e d

    P a r t ie s (

    as

    e f i n e d

    in

    paragraph

    4

    hea s e m e n t

    A g r e e m e n t )

    h a r m l e s s

    from

    al

    loss,

    ost,

    liability, caim

    damage

    and

    xpense (

    ncluding,

    w i t h o u t

    l i m i t a t i o n . reasonable

    attorneys'

    fees and d i s b u r s e m e n t s ) ,

    p e n a l t i e s

    and

    ines,

    n c u r r e d

    in

    o n n e c t i o n

    with

    or

    arising

    rom

    any

    c t s , o m i s s i o n s

    or

    n e g l i g e n c eo

    D P

    o

    any

    person

    o

    t h e r

    entity c l a i m i n g t h r o u g h o

    n d e r

    RDP

    n,

    about,

    or

    o n c e r n i n g

    the

    a s e m e n t

    Area,or

    r i s i n g in

    any

    w a y

    ou

    o

    DP '

    s

    e s p o n s i b i l i t i e s

    u n d e r

    this

    Agreement.

    e x c e p t

    to the

    extent

    a n yo

    t h e

    f o r e g o i n g

    is

    aused

    by theg r o s s negligence

    or

    w i l 1 f u 1

    m i s c o n d u c t

    ofany

      o

    hew n e r I n d e m n i f i e d

    Parties,

    or

    M B

    R e d e v e l o p m e n to

    ts

    agents,

    e m p l o y e e s ,

    o

    o n t r a c t o r s .

    MB

    e d e v e l o p m e n t shall i n d e m n i f y a n d

    hold

    RDP

    tsagents,

    employees ,

    and c o n t r a c t o r s h a r m l e s s

    from

    al

    oss,

    cost,

    i ab i l i t y ,

    caim

    damage

    and

    expense (

    including,

    wthout

    l i m i t a t i o n ,

    r e a s o n a b l e

    attorneys'

    fees

    and

    d i s b u r s e m e n t s ) ,

    penalties

    a n d

    fnes,

    n c u r r e d

    in

    c o n n e c t i o n

    wth

    or

    rising

    from

    ny

    acts,

    m i s s i o n s

    o

    e g l i g e n c e

    otel O w n e r

    I n d e m n i f i e d

    P a r t i e s ,

    in

    b o u t ,

    o

    o n c e r n i n g

    the

    a s e m e n t A r e a ,

    except

    to

    he

    e x t e n t

    any

    f the

    f o r e g o i n g

    is

    caused

    by

    he gross n e g l i g e n c e

    o

    i l 1 f u l

    m i s c o n d u c t

    ofanyof

    R D P

    o

    its

    g e n t s , employees,

    o

    o n t r a c t o r s .

    E x c e p t

    tohex t e n t

    RDP

    s

    responsible

    to

    n d e m n i f y the

    Hote

    Owner

    I n d e m n i f i e d

    P a r t i e s

    and

    the

    wner

    I n d e m n i f i e d P a r t i e s (

    each

    as

    defined

    in

    p a r a g r a p h

     4

    he

    E a s e m e n t

    A g r e e m e n t ) ,

    n o t h i n g

  • 8/15/2019 2000-23870 RESO

    16/52

    contained

    in

    this

    Agreement

    shall

    be

    deemed to

    modi fy

    the

    indemnity

    obligations

    of

    MB

    Redevelopment,

    the

    Owner,

    and

    the

    City

    as

    set

    forth

    in

    paragraph

    4

    f

    the

    asement

    A g r e e m e n t .

    The

    ndemnit ies

    d e s e r i b e d

    herein

    shal s u r v i v e

    the

    x p i r a t i o n

    of

    the

    er m

    or

    anye r m i n a t i o n

    of

    ths

    A g r e e m e n t .

    II.

    n s u r a n c e .

    R D P (

    a

    D P '

     s

    x p e n s e and/

    or

    the

    R DP G C '

     s

    x p e n s e )

    shall

    p r o v i d e

    MB

    e d e v e l o p m e n t , the

    w n e r , an d

    the

    Cty

    w i t h

    a

    e r t i f i c a t e

    o

    n s u r a n c e

    for

    a

    o l i c y

    o

    o l i c i e s

    o

    c o m m e r c i a l

    genera l liability (

    ncluding

    without

    limitation

    property

    damage)

    n s u r a n c e

    wth

    e s p e c t

    to

    D P '

    s

    c t i v i t i e s

    in

    thea s e m e n t Area,

    s s u e d

    by

    and inding

    uponan

    insurance

    company l i c e n s e d

    in

    lorida,

    suchn s u r a n c eto

    fford

    minimum

    p r o t e c t i o n ofnot

    less than $

    2

    000,

    000

    0

    c o m b i n e d single

    lmt

    overage

    ofbodlynjury,

    p r o p e r t y d a m a g e ,o

    combination

    thereof.

    D P '

    sn s u r a n c e c o v e r a g e

    obtained

    inc c o r d a n c e

    with

    ths

    a r a g r a p h shal

    include "

    MB

    R e d e v e l o p m e n t ,

    Inc.,

    Loews

    Hotels,

    nc

    nd

    thee s p e c t i v e p a r e n t s ,

    subsidiaries,

    an d

    a f f i l i a t e soMB

    R e d e v e l o p m e n t ,

    Inc.

    and

    L o e w s

    Hotels,Inc.,

    heCty

    o

    Mam

    Beach,

    the

    Miami

    Beach

    R e d e v e l o p m e n t

    A g e n c y ,

    and

    a n k e r s

    T r u s t

    C o m p a n y ,

    its

    s u c c e s s o r s

    and/

    or

    assigns,as

    Agent"

    a m e d as

    d d i t i o n a l

    insured

    parties

    to

    ame.

    E a c h

    policy

    shall p r o v i d e

    that

    it

    my

    no

    be

    c a n c e l e d

    or

    s u b s t a n t i a l l y

    modified

    without

    t h i r t y (

    30)

    days

    r i o r

    written

    n o t i c e

    to

    MB

    e d e v e l o p m e n t .

    If

    equested by

    MB

    Redevelopment,

    RDP

    s h a l l

    d e l i v e rto

    MB

    e d e v e l o p m e n t

    copies

    of

    the

    n s u r a n c e

    p o l i c i e s

    r e q u i r e d under

    ths

    Agreement.

    RDPh a l l

    aso

    maintain

    workers'

    o m p e n s a t i o n

    insurance

    to

    p r o v i d e

    s t a t u t o r y

    b e n e f i t s

    as

    r e q u i r e d

    by

    the

    aws

    oheSateof

    Florida.

    Thee r t i f i c a t e s

    o

    n s u r a n c e

    are

    attached

    h e r e t o

    and

    a d e

    aart

    hereofas

    Exhbt

    C

    12

    e f a u l t

    and

    T e r m i n a t i o n .

    MB R e d e v e l o p m e n t ,

    the

    O w n e r ,

    and/

    or

    he

    Cty

    may

    e r m i n a t e

    this

    Agreement

    only

    fo

    ause,

    r o v i d e dtha

    i v e (5

    b u s i n e s s

    days' r i t t e n

    notice

    is

    o r w a r d e d

    to

    DP,

    in

    which

    five (

    5)usiness

    days

    RDP

    canure

    the

    default,

    u n l e s s

    th e

    cure

    e a s o n a b l y

    r e q u i r e s

    more than

    five (

    5 usiness days, in

    which e v e n t

    RDP

    shal

    have

    and d i t i o n a l

    r e a s o n a b l e

    time to

    cure the

    default,

    p r o v i d e d

    RDP

    c o m m e n c e s

    to

    cure

    wth

    n

    such

    five (

    5

    u s i n e s s

    d a y

    p e r i o d and h e r e a f t e r

    d i l i g e n t l y

    prosecutes

    thecure

    to c o m p l e t i o n ,

    bu

    n

    no

    v e n t

    shall

    such

    a d d i t i o n a l

    time

    x c e e d

    thirty (

    30)

    ays.

    N o t w i t h s t a n d i n g

    the

    o r e g o i n g ,

    if

    RDP

    f a i l s

    to

    erform

    any

    o b l i g a t i o n

    under

    this

    g r e e m e n t

    more

    t h a n six (6imesin any period

    of

    sx(

     

    months (

    x c e p t wth

    e s p e c tto

    the

    en (10)

    i o l a t i o n s

    o

    the

    hours

    o

    peration,

    as

    provided

    in

    Section

    5

    i,

    bove), o t w i t h s t a n d i n g that

    RDPas

    c o r r e c t e d

    any

    r e v i o u s

    failures

    within

    the a p p l i c a b l e

    cure

    p e r i o d ,

    then

    ny

    f u r t h e r failurehall

    automatically

    giveMB

    R e d e v e l o p m e n t ,

    the

    Owner,

    and/or

    the

    Cty

    the i m m e d i a t e

    right

    toe r m i n a t e

    this

    A g r e e m e n t wthout the

    n e c e s s i t y

    fo

    r o v i d i n g

    RDP

    with

    any

    n o t i c e

    an d

    cure

    p e r i o d . RDP shal

    p a y

    on

    demand

    toMBe d e v e l o p m e n t , the

    O w n e r ,

    an d

    the

    Cty,

    as

    applicable,

    al

    costs

    i n c u r r e d

    by

    MB

    e d e v e l o p m e n t ,

    the

    Owner,and

    the

    C i t y ,

    as

    applicable,

    n c l u d i n g ,

    without

    l i m i t a t i o n , r e a s o n a b l e

    a t t o r n e y s '

    fees

    and

    o s t s

    a

    l

    t r i b u n a l

    l e v e l s ,

    incurred

    by

    MB

    e d e v e l o p m e n t ,

    the

    Owner,

    and

    he

    Cty,

    s a p p l i c a b l e ,

    in

    n f o r c i n g

    anyohe obligations

    of

    RDP

    under

    this

    Agreement.

    N o t w i t h s t a n d i n g theo r e g o i n g ,

    in

    he event

    of

    an

    arbitration as

    e s c r i b e dine c t i o n

    30

    eowh e a r b i t r a t o r

    sha

    have

    the

    power

    to

    a w a r d to

    the

  • 8/15/2019 2000-23870 RESO

    17/52

    13

    e r f o r m a n c e

    a

    ach

    P a r t Y '

    s

    ole

    C o s t

    and

    Expense. Unless

    otherwise

    expressly

    p r o v i d e d

    in

    ths

    g r e e m e n t ,

    when

    either

    party

    x e r c i s e s

    a n y of

    its

    i gh t s ,

    oe n d e r s

    o

    e r f o n n s

    a n y

    of

    its

    bligations

    h e r e u n d e r ,

    such

    party

    s h a l l

    do

    so

    at

    its

    sole

    cost

    and

    e x p e n s e .

    14i m e . T i m e

    is

    o

    he

    e s s e n c e

    o

    ths

    A g r e e m e n t .

    15

    Notice.

    Unless

    o t h e r w i s e

    provided h e r e i n .all

    notces

    and

    other

    c o m m u n i c a t i o n s w h i c h may

    be

    r

    are

    r e q u i r e d

    tobe

    i v e n

    ormade

    by

    n y

    party

    ereto

    in

    connect ion

    wth

    this

    A g r e e m e n t

    shall

    be

    inr i t i n g

    and

    s h a l l

    be

    ent

    by

    United

    States ml,

    o s t a g e prepaid,

    registered

    o

    ertified,

    e t u r n

    r e c e i p t

    requested,

    o

    by

    vernight

    e x p r e s s d e l i v e r y

    service,

    to

    he

    r e s p e c t i v e

    a d d r e s s e s set

    ou t below,

    o

    touc h other a d d r e s s e s

    as

    re from

    time

    o

    time

    pecified

    br i t t e n notce

    delivered

    in

    a c c o r d a n c e h e r e w i t h :

    If

    o

    M

    e d e v e l o p m e n t :

    MB

    e d e v e l o p m e n t ,Inc.o e w s

    Miam

    Beach

    Hotel

    General

    Manager

    1601

    Collins

    A v e n u e

    Miam

    Beach,

    F l o r i d a

    33139

    and:

    L o e w s

    Hotels, Inc.

    667

    Madison

    Avenue

    New

    Y o r k ,

    N e w

    York10021-08 7

    A t t e n t i o n :

    C o r p o r a t e

    Secretaryif

    towner

    and

    o

    the

    ty:Miami

    Beach

    R e d e v e l o p m e n t Agency

    E x e c u t i v e D i r e c t o r

    1700

    C o n v e n t i o n

    Center

    Drive

    Mam

    Beach,

    Florida

    33139

    wth

    aopy

    to

    iami

    Beach

    R e d e v e l o p m e n t

    A g e n c y

    G e n e r a l

    Counse l

    1700

    C o n v e n t i o n

    Center

    Dve

    Miam

    Beach,

    Florida

    33139

    and:

    Cty of

    Miam i

    B e a c h

    City

    M a n a g e r

    1700 C o n v e n t i o n

    C e n t e r

    Dive

    Mam

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    lor ida

    33139

    wtha

    c o p y

    to

    it y

  • 8/15/2019 2000-23870 RESO

    18/52

    If

    to RDP:

    RDP

    Royal

    Palm Hotel

    Limited

    Partnership

    c/o

    Peebles

    Atlantic

    Development Corporat ion

    1 0 0

    S.