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Resolution No. 2016-69 Tripartite Transportation Contribution Agreement with Aventura Mall Ventura, TB Carpenter Parcel LLC and Seritage SRC Finance LLC - November 17, 2016 RESOLUTION NO. 2016-69 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA AUTHORIZING THE CITY MANAGER TO EXECUTE THE ATTACHED TRIPARTITE TRANSPORTATION CONTRIBUTION AGREEMENT BETWEEN THE CITY OF AVENTURA, AVENTURA MALL VENTURE, TB CARPENTER PARCEL, LLC, AND SERITAGE SRC FINANCE, LLC; AUTHORIZING THE CITY MANAGER TO TAKE ALL NECESSARY ACTION TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING FOR AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Manager is hereby authorized to execute the attached Tripartite Transportation Contribution Agreement between the City of Aventura, Aventura Mall Venture, TB Carpenter Parcel, LLC, and Seritage SRC Finance, LLC. Section 2. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Resolution and the Agreement. Section 3. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Landman, who moved its adoption. The motion was seconded by Commissioner Shelley, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Dr. Linda Marks Yes Commissioner Gladys Mezrahi Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Marc Narotsky Yes Mayor Enid Weisman Yes City of Aventura Resolution No. 2016-69 PASSED AND ADOPTED this 17th day of November, 2016. ENID WEISMAN, MAYOR * : i • ; �€ FLO ` ATTEST: �r ELLISA L. HORVA , M C CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: �r CITY ATTORNEY Page 2 of 2