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Resolution No. 2018-87 Approving Aventura Charter High School Donation Agreement with Granite Aventura LLC - October 18, 2018 RESOLUTION NO. 2018-87 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA APPROVING AVENTURA CHARTER HIGH SCHOOL DONATION AGREEMENT BETWEEN THE CITY OF AVENTURA AND GRANITE AVENTURA, LLC; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Granite Aventura, LLC has graciously offered to donate One Million Dollars (the "Donation") to the City of Aventura, to be utilized by the City for capital and operating expenses of the City's Aventura Charter High School which is presently under construction, for an anticipated school opening in August, 2019; and WHEREAS, the acceptance of the Donation by the City, in accordance with the below referenced Donation Agreement, directly serves a municipal public purpose; and WHEREAS, the City Commission finds that the approval of the Donation Agreement, substantially in the form attached hereto as Exhibit "A", is in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. Recitals Adopted. The above recitals are true and correct and are incorporated herein by this reference. Section 2. Approval and Execution of Donation Agreement. The Donation Agreement (the "Agreement") between the City and Granite Aventura, LLC, substantially in the form attached hereto as Exhibit "A", together with such non-material changes as may be acceptable to the City Manager and approved as to form and legality by the City Attorney, is approved. The City Manager is hereby authorized on City of Aventura Resolution No. 2018-87 behalf of the City to execute the Agreement, and any necessary amendments or addenda thereto. Section 3. Authorization of City Officials; Execution of Documents. The City Manager and the City Attorney are each authorized to take any action which is necessary to implement the terms and conditions of the Agreement, and to prepare, execute and submit any documents necessary to effectuate the acceptance of the Donation and carry out the purposes of this Resolution and the Agreement. Section 4. Effective Date. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Shelley, who moved its adoption. The motion was seconded by Commissioner Landman, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Dr. Linda Marks No Commissioner Marc Narotsky No Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Gladys Mezrahi Yes Mayor Enid Weisman Yes PASSED AND ADOPTED this 18th day of October, 2018. Page 2 of 3 City of Aventura Resolution No. 2018-87 AlII' ENID WEISMAN, MAYOR C`i• 5risi ATTEST: ELLISA L. HORVATHer C CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY Page 3 of 3 DONATION AGREEMENT FOR THE CITY OF AVENTURA CHARTER HIGH SCHOOL THIS DONATION AGREEMENT ("Agreement"), effective this V day of September, 2018, is made and entered into by and between: THE CITY OF AVENTURA, a Florida municipal corporation, at 19200 W. Country Club Drive,Aventura, Florida 33180, hereinafter referred to as "City"; and Granite Aventura LLC, a Delaware limited liability company, at 214 West 39th Street, New York, NY 10018, hereinafter referred to as "Donor" (hereinafter, Donor and City may be referred to individually as a"Party"or collectively as the "Parties"). WITNESSETH: WHEREAS, the City is presently engaged in the development and construction of the Aventura Charter High School (the"High School"),within the City of Aventura; and WHEREAS, Donor, through Granite Aventura, LLC is presently proceeding to seek K.. development approvals from the City for a limited-service hotel use combined with a multifamily residential use (the "Proposed Project" or "Port Aventura") at the property located at the northwest corner of NE 28th Court and NE 185t1' Street (folio no: 28-2203-082- 0630) (the"Property"); and WHEREAS, Donor, as an indication of its commitment to be an important part of the Aventura community, and to mitigate impacts of additional high school students that may be generated by the future development of Port Aventura, desires to voluntarily offer to donate One Million and 00/100 U.S. Dollars ($1,000,000.00) (the "Donation") to the City, to be used by the City solely for capital and operating costs for the High School. NOW,THEREFORE, in consideration of the mutual covenants and undertakings of Donor and the City, and other good and valuable consideration, the Parties covenant and agree as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein by this reference. 2. Payment of Donation. A. Subject to the preconditions set forth herein, Donor shall deliver the Donation to City. City hereby covenants, confirms, and agrees that the Donation will be used and expended by the City solely for the purpose of capital and operating costs for the High School. 46087697;1 Should the High School fail to be completed by August 31, 2020, then the City, at its sole discretion and without providing notice to Donor, shall use the Donation for other educational purposes within the City's elementary and middle schools. B. Following the final, non-appealable adoption by City of: (i) the Conditional Use for Port Aventura project for a limited-service hotel use combined with a multifamily residential use and (ii) administrative site plan approval for the Port Aventura project (collectively, the "Approvals"), the Donation shall be paid by Donor in two (2) equal installment payments of Five Hundred Thousand and 00/100 Dollars ($500,000.00) each, with the first installment payment to be made within five (5) days of the Approvals and the second installment payment to be made no later than one (1) year after the first installment payment is due. Donor recognizes that the City is not obligated to adopt or support the Approvals,but that City shall simply process, consider and act upon Donor's applications for such Approvals in accordance with the City Code, City's public hearing process, and applicable law. 3. Term. The term of this Agreement shall commence upon execution of this Agreement ("Execution Date") and shall thereafter continue until all required Donations are made by Donor and received and expended by City, as provided herein. 4. Remedies. In the event of Donor's default under this Agreement, City shall be entitled to any and all remedies under Florida law. In the event City defaults under this Agreement, Donor shall have all remedies under Florida law. No default shall be deemed to occur unless the respective Party fails to cure a failure of performance within thirty (30) days after written notice from the other Party. 5. Recording. Neither this Agreement, nor any notice or memorandum of this Agreement, shall be recorded in the official records of Miami-Dade County, Florida. The Agreement shall be binding upon and benefit the Parties and their successors and authorized assigns. 6. Tax Matters. Donor understands that the Donation may enable Donor to claim a deduction for purposes of United States federal income tax, but recognizes that it must contact and confer with its own tax attorneys or accountants for matters regarding any entitlement to a tax deduction, if any, record keeping requirements, and limitations on the amount of any tax deduction, as well as related issues. 7. Entire Agreement. This Agreement, and any exhibits annexed hereto, constitute the entire agreement and understanding of the Parties to this Agreement with respect to the subject matter of this Agreement, and supersedes all prior discussions, correspondence, oral and written agreements, commitments or understandings, restrictions, representations or warranties among the Parties to the Agreement concerning the subject matter of this Agreement other than those set forth herein or herein provided for. 8. Notice. The notices sent to any person pursuant to this Agreement shall be in writing and transmitted by messenger, certified mail, return receipt requested, or facsimile, and shall be mailed or delivered as follows: 2 46087697;1 As to City: Mrs. Joanne Carr Interim City Manager City of Aventura 19200 W. Country Club Drive Aventura, FL 33180 Telephone: (305)466-8910 Facsimile: (305)466-8919 With a Copy to: City Attorney Weiss Serota Helfman Cole&Bierman, P.L. 200 East Broward Boulevard, Suite 1900 Fort Lauderdale, FL 33301 Telephone: (954) 763-4242 Facsimile: (954) 764-7770 As to Donor: Legal Department Granite Aventura LLC 214 West 39th Street, Suite 1200 New York,NY 10018 Telephone 212-921-7171 Facsimile 212-921-7112 With a Copy to: Mr.Neisen Kasdin, Esq. Ackerman LLC Three Brickell City Centre 98 Southeast Seventh Street, Suite 1100 Miami, FL 33131 Telephone Facsimile Any of the foregoing persons listed in this Section 8 may, by notice in writing given to the other, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent. Any notice shall be deemed given on the date such notice is delivered by hand or facsimile transmission or three days after the date mailed. 9. Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, as an Agreement made, and entered into, and to be performed in Miami-Dade County, Florida. 10. Jurisdiction & Venue. The Parties to this Agreement expressly consent to the jurisdiction of and agree to suit in any State court of general jurisdiction in Miami- Dade County Florida, and further agree that venue shall lie exclusively in Miami- Dade County, Florida, 3 46087697;I concerning any litigation between the Parties which may arise out of or concern this Agreement. Further, the Parties hereby waive any right to trial by jury in any such litigation. 11. Amendments & Waivers. No amendment, supplement, modification or waiver of this Agreement shall be binding unless executed in writing by all of the Parties hereto. No waiver of any of these provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision of this Agreement, whether or not similar, unless otherwise expressly provided. The City Manager shall act for City hereunder. 12. Assignment and Successors. Donor shall not assign its obligations and benefits hereunder without the prior written consent of the City Commission, which consent shall not be unreasonably withheld, conditioned or delayed, provided that Donor may make such assignment to any of Donor's affiliated companies. In the event City gives its consent to assignment of this Agreement, the assignment shall not be valid unless and until a fully executed Agreement is entered into between the City and assignee. 13. Miscellaneous. (a) All of the Parties to this Agreement have participated fully in the negotiation and preparation hereof, and, accordingly, this Agreement shall not be more strictly construed against any one of the Parties hereto. (b)In the event any term or provision of this Agreement be determined by appropriate judicial authority to be illegal or otherwise invalid, such provision shall be given its nearest legal meaning or be construed as deleted as such authority determines, and the remainder of this Agreement shall be construed to be in full force and effect. (c) In the event of any litigation between the Parties under this Agreement, the prevailing Party shall be entitled to reasonable attorney's fees and court costs at all trial and appellate levels. (d)In construing this Agreement, the singular shall be held to include the plural, the plural shall be held to include the singular, the use of any gender shall be held to include every other and all genders, and captions and paragraph headings shall be disregarded. (e) Except as otherwise expressly provided herein, each Party shall be responsible for its own costs in connection with this Agreement, including, without limitation,attorney's fees. IN WITNESS WHEREOF the Parties hereto have made and executed this Agreement on the respective dates under each signature: THE CITY OF AVENTURA, through its City Commission, signing by and through the City Mana duly authorized to execute this Agreement pursuant to City Commission action on the ay of r, 2018, and a duly authorized officer of Donor signing on behalf of Donor. 0- [SIGNATURE PAGES TO FOLLOW] 4 46087697;1 .41,7 A`V ' CITY OF AVENTURA, a Florida municipal 1111;311 *; corporation ATTEST: \�' % s Yal o <<yy v By:� By: Ellisa 1.4. Horvath, (� lerk, MMC Joanne Ca r , nterim City Manager (Seal) Dated: lb day of DG-4- . , 2018. APPROVED AS TO FORM AND LEGAL SUFFICIENCY FOR THE USE AND RELIANCE BY THE CITY OF AVENTURA ONLY: By 4/27) )2 City Attorney Weiss Scrota Helfman Cole & Berman, P.L. Hess: Granite Aventura LLC, a Delaware limited liability company: Name: PUN I &ROS, ' Title: V I CC P`ZES PE NIT Name:'bIC M 116(1S h64 m(G() Dated: 2 day of -Pei'. , 2018 itness: Namelln �� 14\c, tc, V,\-Q • 5 46087697;1 STATE OF NEW YORK ) ss: ) COUNTY OF NEW YORK ) I HEREBY CERTIFY that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, the foregoing instrument was acknowledged before me individually, by RONNIE GROSS, Vice President of Granite Aventura LLC, a Delaware limited liability company, who is personally known to me or has produced his driver's license as identification. WITNESS my hand and official seal in the County and State last aforesaid this 28t1i day of September,2018. • Notary Pub c:NIOTARY PUBLIC.-STATE OF NEW YORK My Commission Expires:( v_St No. 01 8061 47 564 Qualified in Queens County ._Ty Cor,mittion Fxpires June 06.209 . Typed, printed or stamped name of Notary 6 46087697;1