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1221 BRICKELL AVENUE <br /> GRAY ROBINSON SurrE 1600 <br /> BOC4 RATON <br /> Mum, FL 33131 FORT LAUDERDALE <br /> ATTORNEYS AT LAW TEL 30S-416-6880 JACKSONVILLE <br /> FAX 305-416-6887 KEY WEST <br /> LAKELAND <br /> MELBOURNE <br /> MIAMI <br /> 305-913-0537 NAPLES <br /> 3RADLEY.GOULD(JGRAY-ROBINSON.COM ORLANDO <br /> TALLAHASSEE <br /> TAMPA <br /> November 7, 2014 <br /> Anna M. Lau <br /> 423 - 76 St. <br /> No. Bergen ,NJ 07047 <br /> Re: City of Sunny Isles Beach v. Plaza of the Americas <br /> Acquisition of Property for Pedestrian Overpass Bridge for Gateway Park <br /> Owner of Unit 414 in Building 1, Plaza of the Americas <br /> Dear Ana: <br /> It was a pleasure speaking with you yesterday regarding the acquisition of a portion of <br /> the common area of the Plaza of the Americas by the City of Sunny Isles'Beach ("City") for its <br /> Pedestrian Overpass Bridge for the Gateway Park ("Project") . Please allow this letter to serve to <br /> confirm the settlement reached with Hans Ottinot, City Attorney, and myself regarding your <br /> objections to the proposed acquisition and/or appraised value of the property. <br /> The terms of the settlement are as follows: <br /> 1. Compensation: You will receive from the City the sum of SEVEN THOUSAND FIVE <br /> HUNDRED DOLLARS ($7,500.00) in full settlement of all claims'for compensation arising <br /> from of in any way related to the taking and/or acquisition of the common area of the Plaza of <br /> the Americas ("Property"), which is described on Exhibit A attached hereto, within thirty days <br /> (30) of receipt by the City of the executed letter. <br /> 2. Unit Owner's Interest: In exchange for receipt of the compensation set forth in <br /> Paragraph 1 above, you (a) withdraw your objections to the City's proposed acquisition and <br /> appraised value of the Property; (b) convey your interest as a unit owner in the Property and (c) <br /> • <br /> disclaim all rights you have under Florida Law with regard to the condemnation of the Property. <br /> 3. Noise: The City will use its best efforts to remedy any complaints by you or your <br /> tenant, which said complaints are to be made to the City Manager or his designee, regarding <br /> noise from the elevator of the Pedestrian Overpass Bridge <br /> EXHIBIT "A" <br />