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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 />equivalent to the period of the unavoidable delay; provided, however, the foregoing shall not be <br />applicable to Tenant's obligation to pay Basic Rent, Additional Rent and any other sums or <br />charges pursuant to this Lease. For purposes of this Lease, the term "Unavoidable Delay" shall <br />mean delays due to strikes, acts of God, inability to obtain labor or materials, governmental <br />restrictions, enemy action, civil Commotion, fire, other casualty or similar causes beyond the <br />reasonable control of the party hereto claiming such Unavoidable Delay. <br /> <br />Section 12. Interpretation. Landlord and Tenant hereby agree to interpret the terms, <br />conditions and provisions of this Lease in good faith exercising reasonable business judgment, <br />and to attempt to resolve any and all issues, disputes or conflicts that may arise hereunder in a <br />reasonable and fair manner. <br /> <br />Section 13. City's Representative. Landlord hereby appoints the City Manager of the City of <br />Sunny Isles Beach to serve as its representative. <br /> <br />Section 14. Counterparts. This Lease may be executed in any number of counterparts, each of <br />which shall be deemed an original, but all such counterparts shall constitute but one instrument, <br />and facsimile transmissions of signatures shall be deemed to be original signatures. <br /> <br />Section 15. Attorney's Fees. In the event of any litigation ensuing or growing out of the <br />terms of this Lease, the prevailing party shall be entitled to recover all costs incurred, including, <br />without limitation, reasonable attorneys' and paralegals' fees and costs at all tribunal levels. <br /> <br />Section 16. Authority. Landlord and Tenant shall each execute and deliver to the other such <br />documentation as the parties' respective legal counsel may deem reasonably necessary to <br />evidence the authority of the persons executing this Lease on behalf Landlord and Tenant to do <br />so. <br /> <br />IN WITNESS WHEREOF, Landlord and Tenant have caused this instrument to be duly <br />executed as of the day and year first above written. <br /> <br />(Signatures on next page) <br /> <br />31 <br />
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