City of Coral Gables

File #: 15-3993    Version: Name: Amendment to Lease/Development Agreement with Palace Management Group, LLC
Type: Resolution Status: Adopted
File created: 6/2/2015 In control: City Commission
On agenda: 6/16/2015 Final action: 6/16/2015
Enactment date: 6/16/2015 Enactment #: 2015-99
Title: A Resolution approving (i) an Agreement for Release of Condominium Unit between the Palace Management Group, LLC ("Palace")and the City, (ii) a Declaration of Condominium, (iii) a Fourth Amendment to Parking Garage Lease and Development Agreement between the Palace and the City; and (iv) all other ancillary documents necessary for the creation of a condominium at 2 Andalusia Avenue and for the release by the Palace of its long term leasehold interest on the ground floor retail space, at 2 Andalusia Avenue, so that same may be used by the City as an Adult Activity Center.
Attachments: 1. Signed Resolution 2015-99.pdf, 2. H-4 Signed Cover Memo, 3. Adult Activity Center Resolution, 4. FINAL LOI 1.8.14, 5. Agreement for Release, 6. Fourth Amendment to Garage Lease, 7. Declaration of Condominium, 8. Limited Use Agreement, 9. Limited Parking Agreement, 10. City Attorney Opinion Interpretation and Ruling Regarding the Adult Activity Center Item, 11. Verbatim Transcript - CCMtg June 16 2015 - Agenda Item H-4 - Reso Agreement for Release of Condominium Unit between the Palace and the City
Title
A Resolution approving (i) an Agreement for Release of Condominium Unit between the Palace Management Group, LLC ("Palace")and the City, (ii) a Declaration of Condominium, (iii) a Fourth Amendment to Parking Garage Lease and Development Agreement between the Palace and the City; and (iv) all other ancillary documents necessary for the creation of a condominium at 2 Andalusia Avenue and for the release by the Palace of its long term leasehold interest on the ground floor retail space, at 2 Andalusia Avenue, so that same may be used by the City as an Adult Activity Center.
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