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RESOLUTION NO. 2012 - _' ~ 0 \ <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, APPROVING A FIRST <br />AMENDMENT TO THE PURCHASE AGREEMENT BETWEEN THE <br />CITY OF SUNNY ISLES BEACH AND DEZER DEVELOPMENT, LLC, <br />IN SUBSTANTIALLY THE SAME FORM AS THE ATTACHED <br />EXHIBIT "A", ATTACHED HERETO, TO PURCHASE REAL <br />PROPERTY FROM THE CITY OF SUNNY ISLES BEACH LOCATED <br />AT 18080 COLLINS AVENUE; AUTHORIZING THE MAYOR TO <br />EXECUTE SAID FIRST AMENDMENT TO THE PURCHASE <br />AGREEMENT; AUTHORIZING THE CITY MANAGER AND CITY <br />ATTORNEY TO DO ALL THINGS NECESSARY TO EFFECTUATE <br />THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach (the "City") is the owner of that certain real <br />property located at 18080 Collins A venue (the "Alamo site"); and <br /> <br />WHEREAS, on or about November 30, 2011, the City and Dezer Development, LLCI <br />Weintraub Investments, LLC entered into an Agreement of Purchase and Sale for the real <br />property located at 18080 Collins A venue (the "Purchase Agreement") to create a first class <br />executive office building with a parking garage to service the office building (the "Project"); and <br /> <br />WHEREAS, the parties desire to enter into a First Amendment to the Purchase <br />Agreement in substantially the same form as the attached Exhibit "A" to facilitate the <br />development of the Project. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of First Amendment to Purchase Agreement. The First Amendment to <br />the Purchase Agreement between the City and Dezer Development, LLC, attached hereto as <br />Exhibit "A" is hereby approved in substantially the same form. <br /> <br />Section 2. Authorization of the Mavor. The Mayor is hereby authorized to execute the First <br />Amendment to the Purchase Agreement between the City and Dezer Development, LLC" <br />attached hereto as Exhibit "A" in substantially the same form. <br /> <br />Section 3. Authorization of City Manager and City Attorney. The City Manager and City <br />Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br /> <br />Section 4. <br /> <br />Effective Date. This Resolution will become effective upon adoption <br /> <br />Reso Approving First Amendment 10 Purchase of 18080 Collins Ave <br /> <br />Page I of2 <br />