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<br />SUMMARY MINUTES <br />Special City Commission Meeting <br />Tuesday, October 4,2011,6:00 p.m. <br />City of Sunny Isles Beach, Florida <br /> <br />ATTENTION ALL LOBBYISTS: CITY LAW REQUIRES YOUR REGISTRATION PRIOR TO ENGAGING IN <br />LOBBYING ACTIVITIES BEFORE CITY STAFF, BOARDS, COMMITTEES OR THE CITY COMMISSION. <br />PLEASE CONTACT THE CITY CLERK FOR FORMS AND ADDITIONAL INFORMATION. <br /> <br />AGENDA <br /> <br />1. CALL TO ORDER / ROLL CALL OF MEMBERS <br />The meeting was called to order by Mayor Edelcup at 6:00 p.m. with the following officials <br />present: <br /> <br />Mayor Norman S. Edelcup <br />Vice Mayor Lewis J. Thaler <br />Commissioner Isaac Aelion <br />Commissioner Jeanette Gatto <br />Commissioner George "Bud" Scholl <br /> <br />City Manager Alan J. Cohen <br />City Attorney Hans Ottinot <br />City Clerk Jane A. Hines, CMC <br />Assistant City Attorney Fernando Amuchastegui <br /> <br />2. PLEDGE OF ALLEGIANCE <br /> <br />Mayor Edelcup gave opening remarks. <br /> <br />3. RESOLUTIONS <br /> <br />3A. A Resolution of the City Commission ofthe City of Sunny Isles Beach, Florida, Approving a <br />Ground Lease Between the City of Sunny Isles Beach and Ocean Corporate Center, <br />LLC., in Substantially the Same Form as the Attached Exhibit "A", Attached Hereto, to <br />Develop a First Class Executive and Professional Condominium Office Building Containing <br />146,250 Useable Square Feet Together with a Parking Garage to Service the Office Building; <br />Authorizing the Mayor to Execute Said Agreement, Providing that Said Agreement is <br />Reviewed for Legal Sufficiency by the City Attorney; Authorizing the City Manager and City <br />Attorney to Do All Things Necessary to Effectuate this Resolution; Providing for an <br />Effective Date. (18080 Collins Avenue) <br /> <br />Action: [City Clerk's Note: A revised Agreement was distributed prior to the meeting, and a <br />Letter of Intent from Dezer Development, LLC was distributed to the Commission prior to the <br />meeting.) City Clerk Hines read the title, and City Manager Alan Cohen reported that this is a <br />ground lease with option to buy, and is consistent with the Letter of Intent that the <br />Commission approved at its last meeting. Additional details were worked out, and the <br />template for this was the Milton agreement and so we were somewhat consistent in how we <br />were treating this ground lease with the other ground lease. The same terms and conditions <br />apply as before. Mayor Ede1cup noted that this agreement was revised. <br /> <br />City Attorney Ottinot noted that they had met with The Weintraub Company/Ocean Corporate <br />Center, LLC, and were able to make some revisions to the ground lease. Those revisions are <br />outlined in his cover memo to the Commission. Some of the important revisions were: the <br />purchase/lease price is $7.5 Million over a 25-year term. The tenant, Ocean Corporate Center, <br />