City of Coral Gables

File #: 16-4708    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 1/14/2016 In control: City Commission
On agenda: 1/26/2016 Final action: 1/26/2016
Enactment date: 1/26/2016 Enactment #: 2016-28
Title: A Resolution authorizing the assignment of ERP OPERATING LIMITED PARTNERSHIP and EQR-SWN LINE VISTAS, INC (collectively “Transferor”) interest in the ground lease with regards to City owned property located at 353 Aragon Ave., otherwise known as Gables Grand to SCG ATLAS GABLES GRAND PLAZA, L.L.C., a Delaware limited liability company (“Transferee”) (Lease transfer of Gables Grand).
Attachments: 1. CM Gables Grand Operator, 2. Resolution - 1.26.16 (Gables Grand Operator), 3. EXHIBIT A, 4. Certification - Exhibit B - Approved Operator, 5. Certification - Exhibit C - Financing and Debt Service Coverage, 6. Verbatim Transcript - CCMtg January 26 2016 - Agenda Items H-1 and H-7 are related - Resolution authorizing assignment of ground lease at 353 Aragon Avenue

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A Resolution authorizing the assignment of ERP OPERATING LIMITED PARTNERSHIP and EQR-SWN LINE VISTAS, INC (collectively “Transferor”) interest in the ground lease with regards to City owned property located at 353 Aragon Ave., otherwise known as Gables Grand to SCG ATLAS GABLES GRAND PLAZA, L.L.C., a Delaware limited liability company (“Transferee”) (Lease transfer of Gables Grand).

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