R7Y - Approve Suntex Marina Settlement Agreement

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE MATERIAL TERMS OF A SETTLEMENT AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND SUNTEX MARINA INVESTORS, LLC (SUNTEX) PURSUANT TO THE OFFICE OF THE INSPECTOR GENERAL (OIG) AUDIT DATED APRIL 17, 2025 AND AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND FINALIZE A SETTLEMENT AGREEMENT CONSISTENT WITH THE MATERIAL TERMS REFLECTED IN THIS RESOLUTION AND IN A FORM ACCEPTABLE TO THE CITY ATTORNEY; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE SETTLEMENT AGREEMENT; AND FURTHER, AUTHORIZING THE CITY MANAGER TO TAKE THE NECESSARY STEPS FOR THE IMPLEMENTATION THEREOF, INCLUDING THE NEGOTIATION OF AN AMENDMENT NO. 5 TO THE MARINA LEASE AGREEMENT DATED JUNE 24, 1983 CONSISTENT WITH THE TERMS OF THE SETTLEMENT; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE AMENDMENT NO. 5 TO THE LEASE AGREEMENT IN A FORM ACCEPTABLE TO THE CITY ATTORNEY.