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This instrument prepared by, <br /> And after recording should be returned to: <br /> Hans Ottinot, City Attorney <br /> City of Sunny Isles Beach <br /> 18070 Collins Ave <br /> Sunny Isles Beach, FL 33160 (Space Reserved for Clerk of Court) <br /> PERMANENT BEACH RENOURISHMENT EASEMENT AGREEMENT <br /> THIS PERMANENT BEACH RENOURISHMENT EASEMENT AGREEMENT <br /> ("The Agreement") is made and entered into as of day of 2017, by and <br /> between Gables Investors, Inc. having an address of 3211 Ponce De Leon Boulevard, #301, <br /> Coral Gables, FL 33134 and D.P. Monaco, L.L.C. having an address of 18001 Collins Avenue, <br /> Sunny Isles Beach, FL 33160 ("Grantors"), and The City of Sunny Isles Beach, a Municipal <br /> corporation existing under the laws of the State of Florida ("Grantee"), having an address of do <br /> City Manager, 18070 Collins Avenue, Sunny Isles Beach, Florida 33160. <br /> RECITALS: <br /> WHEREAS, Grantors are the owner and lessee of a certain property situated in Sunny <br /> Isles Beach, Miami-Dade County, Florida, and more particularly described in Exhibit "A" (the <br /> "Property") ,attached hereto; <br /> WHEREAS, the Grantee is part of a consortium of government entities that are involved <br /> in a beach renourishment project for the beach in the City of Sunny Isles Beach ("Beach <br /> Renourishment Project"); and <br /> WHEREAS, in order to accomplish future Beach Renourishment Projects, the Grantee <br /> requires a permanent easement to allow Grantee's contractor, agents, and assignees to use the <br /> Property described in Exhibit "A"to gain access to the beach. <br /> WHEREAS, Grantors have agreed to grant and create, and Grantee, desires to obtain, on <br /> the terms and condition hereinafter set forth in the Easement Parcel described herein. <br /> NOW THEREFORE, Grantors, in consideration of ten ($10.00) Dollars and for other <br /> good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, <br /> Grantors and Grantee hereby agree as follows: <br /> 1. Recitals. The foregoing recitals are true and correct and are incorporated herein as <br /> if repeated at length. <br /> Exhibit "A" <br /> Page 1 of 6 <br />