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✓uiy moi, /-V/,V <br />George "Bud" Scholl <br />Mayor <br />VIA ELECTRONIC TRANSMISSION <br />Lariso Svechin dtcronk@romaeorp.com <br />Vice Mayor <br />Dana Goldman <br />Romacorp, s Inc. <br />Alex Lama <br />Attn: Dan Cronk, Executive Vice President Legal & Administration <br />Commissioner <br />11315 Corporate Boulevard, Suite 100 <br />Orlando, Florida 32817 <br />Jeniffer Viscarra <br />Commissioner <br />Re: Lease Between Sunny Isles Beach and Romacorp, Inc. <br />Christopher J. Russo <br />10805 Collins Avenue, Sunny Isles Beach, Florida <br />City Manager <br />Mauricio Betancur <br />Dear Mr. Cronk, <br />City Clerk, CMC <br />The City of Sunny Isles Beach ("City") is in receipt of your correspondence dated <br />July 28, 2020, referencing your June 5, 2020 correspondence, wherein Romacorp, <br />Inc. alleges that the Lease Agreement is terminated, and improperly attempts to <br />shift Romacorp, Inc.'s contractual obligations to the City. <br />As indicated in the City's correspondence of July 20, 2020, the City rejects the <br />proposed lease termination by Romacorp, Inc.; therefore, any and all obligations of <br />Romacorp, Inc., under the Lease Agreement, remain in full force and effect, <br />including but not limited to Section 2.3 providing that Romacorp, Inc. shall pay the <br />applicable insurance premiums, and Article V requiring that Romacorp, Inc. carry <br />and maintain, at its sole cost and expense, the types and amounts of insurance <br />provided therein, including property damage insurance, covering "all risk", for "full <br />replacement value". <br />Therefore, the City expects that Romacorp, Inc., will comply with its obligations <br />under the Lease Agreement and continue to carry and maintain the types and <br />amounts of insurance identified in Article V of the Agreement. <br />Thank you for your consideration and anticipated cooperation in this regard. <br />Sincereiv., <br />Y�` <br />Chrfistopher . Russo <br />City Manager <br />cc: Tiffany Neely, Finance Director <br />Joe Glendale, Assistant Finance Director <br />Edward A. Dion, City Attorney <br />CITY OF SUNNY ISLES BEACH GOVERNMENT CENTER • 18070 COLLINS AVENUE • SUNNY ISLES BEACH, FL 33160 • SIBFL.NET <br />403 <br />