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2012-02ORDINANCE NO. 2012- 02 AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT PURSUANT TO CHAPTER 163, F.S., DATED SEPTEMBER 2, 2003, MADE BETWEEN MERCO GROUP AT AVENTURA LANDINGS I, II AND III, INC. AS DEVELOPER AND THE CITY OF AVENTURA, AS AMENDED OCTOBER 5, 2004 AND NOVEMBER 3, 2010, TO MODIFY EXHIBIT `B' TO THE AGREEMENT AND TO EXTEND THE TERM OF THE AGREEMENT; RELATING TO THE PARCEL OF LAND ZONED RMF4, MULTIFAMILY HIGH DENSITY RESIDENTIAL DISTRICT, LOCATED ON NE 185 STREET AT NE 28 COURT, CITY OF AVENTURA; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the applicant, Lubavitch Center Aventura South, Inc., through Application No. 01- DA -12, has applied to modify Exhibit "B" to the agreement and to extend the term of the Development Agreement dated September 2, 2003, made between Merco Group at Aventura Landings I, II and III, Inc., as owner, and the City of Aventura, as amended on October 5, 2004 and on November 3, 2010; and WHEREAS, Exhibit "B" to the Development Agreement proposes 138 loft -style apartment units with a proposed maximum height of 13 stories or 206'10" on the "Lofts Parcel "; and WHEREAS, the applicant has received conditional use approval through Resolution No. 2011 -47 to construct a religious facility on the "Lofts Parcel "; and WHEREAS, pursuant to the terms of Paragraph 11. of the Development Agreement, as amended, the termination date of the Agreement is August 2, 2012; and Ordinance No. 2012- 02 Page 2 WHEREAS, Paragraph 11 (13) of the Development Agreement provides that the term of the Agreement may be extended in 2.5 year increments for up to 5 additional years from the termination date of February 2, 2010, upon mutual agreement of both the City and the owner /applicant; and WHEREAS, the owner /applicant has requested a modification to Exhibit "B" to the Development Agreement to detail the current development proposal of a religious facility along with the 138 residential units on the "Lofts Parcel' and has further requested an extension of the termination date of the Development Agreement to February 2, 2015 in order to allow construction of the religious facility and residential units in two phases; and WHEREAS, the City Commission has held the required public hearings, duly noticed in accordance with law; and WHEREAS, the City Commission has reviewed the application and has considered the testimony of all interested parties at the public hearings, and has determined that the amendment to development agreement requested by the applicant is appropriate. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. That the Modification to Development Agreement attached as Exhibit "A" to this Ordinance, amending Exhibit "B ", "Lofts Parcel" development proposal and extending the termination date of the Agreement from August 2, 2012 to February 2, 2015 is hereby approved, for property legally described in Exhibit "A" to this Ordinance. Ordinance No. 2012- 02 Page 3 Section 2. The City Manager is hereby authorized to execute the agreement on behalf of the City. Section 3. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Vice Mayor Joel, who moved its adoption on first reading. This motion was seconded by Commissioner Auerbach and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Michael Stern yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Luz Urbaez Weinberg yes Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes The foregoing Ordinance was offered by Commissioner Holzberg, who moved its adoption on second reading. This motion was seconded by Commissioner Stern, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Michael Stern yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Luz Urbaez Weinberg absent Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes Ordinance No. 2012- 0 Z Page 4 PASSED on first reading this 3`d day of January, 2012. PASSED AND ADOPTED on second reading this 7th day of February, 2012. jo?ez"" san Gottlieb, M yor APPROVED AS TO LEGAL SUFFICIENCY: �4 t� wrl CITY ATTORNEY This Ordinance was filed in the Office of the City Clerk this 7" day of deti-taw, 2012. CITY (CLERK Ordinance No. 2012- 02 Page 5 EXHIBIT "A" LEGAL DESCRIPTION OF LAND All of Tract F, Merco at Aventura, according to the plat thereof recorded in Plat Book 166, Page 58 of the Public Records of Miami -Dade County, City of Aventura