C7E - Decline Right of First Offer

A Resolution Of The Mayor And City Commission Of The City Of miami Beach, Florida, Authorizing The City Manager To Decline, in Writing, The Right Of First Offer Tendered To The City By clpf - Lincoln, Llc (clpf) With Regard To The Proposed Sale To a Qualified Buyer Of Clpf's Leasehold Interest In The Project located At 1691 Michigan Avenue (the Property) For The Total purchase Price Of $62,500,000.00, Such Right Of First offer Being Required Pursuant To Section 36.2 Of The agreement Of Lease Between The City (owner) And Clpf In respect Of The Property.