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Reso 2010-1658
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Reso 2010-1658
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Last modified
6/3/2015 11:22:15 AM
Creation date
12/22/2010 11:09:07 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2010-1658
Date (mm/dd/yyyy)
12/16/2010
Description
Ground Lease/Dev Agmt/DesignBuild Agmt 4M Inv. Upscale Lifestyle Ctr
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<br />If to Landlord: <br /> <br />With a copy to: <br /> <br />If to Tenant: <br /> <br />with a copy to: <br /> <br />Rick Conner, City Manager <br />City of Sunny Isles Beach <br />18070 Collins Avenue, 4th Floor <br />Sunny Isles Beach, FL 33160 <br />Attn: City Manager <br /> <br />Hans Ottinot, City Attorney <br />City of Sunny Isles Beach <br />18070 Collins Avenue, 4th Floor <br />Sunny Isles Beach, FL 33160 <br />Attn: Hans Ottinot, City Attorney <br /> <br />4M Investors, LLC <br />3211 Ponce De Leon Blvd., Suite 301 <br />Coral Gables, FL 33134 <br /> <br />Weiss, Serota, Helfman, Pastoriza, Cole, et al. <br />Attn: Clifford Schulman, Esq. <br />3211 Ponce de Leon Boulevard <br />Coral Gables, Florida 33134 <br />Fax No. (305) 854-2323 <br /> <br />Either party may at any time hereafter by giving written notice to the other party as above <br />provided, change its address for notices or demands or the name of the person to whom notices <br />or demands may be sent. All notices shall be deemed given when the initial attempted delivery is <br />refused or when received, and the usual receipt (which need not be signed by the individual <br />addressees) shall be evidence of delivery. <br /> <br />ARTICLE XXIII <br />Estoppel Certificates <br /> <br />Landlord and Tenant agree that, at any time and from time to time during the Term of this Lease, <br />within ten (10) days after request by the other, Landlord or Tenant, as applicable, will execute, <br />acknowledge and deliver to the other or to any prospective purchaser, assignee or mortgagee <br />designated by the other, a certificate stating (a) that this Lease is unmodified and in force and <br />effect (or if there have been modifications, that this Lease is in force and effect as modified, and <br />identifying the modification agreements); (b) the date to which rent has been paid; (c) whether or <br />not there is any existing default by Tenant in the payment of any Basic Rent, Additional Rent or <br />other sum of money hereunder, and whether or not there is any other existing default by either <br />party hereto, and, if there is any such default, specifying the nature and extent thereof; (d) <br /> <br />U:\City Altorney\HANS\20 I 0 Docull1ents\4m Illvestors\GROUND LEASE WORKING DRAFT 11.16.1 O.doc <br /> <br />31 <br />
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