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Reso 2011-1735
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Reso 2011-1735
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Last modified
7/15/2011 10:32:27 AM
Creation date
7/13/2011 1:58:55 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2011-1735
Date (mm/dd/yyyy)
06/15/2011
Description
Agmt 4M Investors:Ground Lease/Dev Agmt&Design/Build Gateway Pk
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<br />(iii) After the Final Plans and Specifications have been approved by the Landlord, the <br />Tenant shall not make or permit to be made any Major Alterations without the prior consent of <br />the Landlord. Tenant may make changes which do not constitute Major Alterations provided that <br />notices of any such changes are promptly given to the Landlord. In connection with the <br />foregoing, the parties contemplate and agree that submission and review of design and financial <br />materials will be a continuing process with the parties working cooperatively, expeditiously, <br />reasonably, and in good faith with respect to the design and implementation of the Project, <br />continually coordinating the same to the extent required or deemed advisable with the City of <br />Sunny Isles Beach. <br /> <br />(iv) Either party may notify the other that it deems any action or submission or <br />disapproval unreasonable or in bad faith, and describing the consequences of such action and <br />requesting accelerated review of the submission to ameliorate such consequences. Failure to give <br />written notice within thirty (30) days of any such action shall be deemed acquiescence in the <br />reasonableness thereof. Failure to make written protest of any notice within ten (10) days hereof <br />shall constitute acquiescence to the requested relief. <br /> <br />Section 9. Design Documents. At all stages of the development review process set forth in <br />Section 8 hereof, the Landlord shall have access to all design documents and technical backup <br />information supporting such documents. The Tenant shall disclose to the Landlord the existence <br />of all design contracts and other technical contracts, and all architectural, engineering or other <br />contracts entered into by the Tenant relating to the design of Major Alterations (including <br />without limitations all plans, specifications, renderings, engineering data, soul reports and other <br />technical documents) are hereby collaterally assigned, to the extent assignable, to the Landlord, <br />subject only the rights of any Approved First Mortgagee therein. All documents produced <br />thereunder, to the extent assignable, shall become the property of the Landlord if this Lease is <br />terminated as a result of default by the Tenant (subject to the rights of any Approved First <br />Mortgagee if such Approved First Mortgagee exercises a right to receive a new Lease pursuant <br />to Article XVII; provided, however, that the Landlord shall pay any outstanding amounts due to <br />said contractors or consultants as of the date of such termination for any work completed or in <br />progress as of such date if the Landlord wishes to assert its rights to such design documents or <br />other work products. <br /> <br />Section 10. ParkIParking Garage. The Tenant and the Landlord acknowledges that Tenant <br />will need adequate parking spaces to serve customers of the restaurant facilities. As such, the <br />parties will enter into an agreement concerning the use of the Landlord's Parking Garage before <br />approval of the site plan by the City. The agreement will contain the following terms among <br />others: <br /> <br />(1) The Parking Garage will be under the day to day control of the Landlord; <br />(2) The Landlord shall be entitled to all revenues from the use of the Parking Garage; <br />(3) The Landlord shall be responsible for maintaining the Parking Garage and will <br />maintain the garage in good condition and repair; <br />(4) The Landlord and Tenant will jointly develop a shared parking arrangement; <br />(5) There shall be public access to the Parking Garage at all hours the Parking Garage is <br />open (including hours in which the restaurant facilities are closed); <br /> <br />11 <br />
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