R7C - Approve Amendment to Settlement Agreement
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A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING, IN SUBSTANTIAL FORM, AMENDMENT NO. 1 (AMENDMENT) TO THAT CERTAIN SETTLEMENT AGREEMENT DATED MAY 15, 2025 BETWEEN, ON THE ONE HAND, TMG 67 COMMUNITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY, DEAUVILLE ASSOCIATES, LLC, A FLORIDA LIMITED LIABILITY COMPANY, DEAUVILLE HOTEL PROPERTY, LLC, A FLORIDA LIMITED LIABILITY COMPANY, AND DEAUVILLE HOTEL HOLDINGS, LLC, A FLORIDA LIMITED LIABILITY COMPANY, AND, ON THE OTHER HAND, THE CITY OF MIAMI BEACH; AND AUTHORIZING THE CITY MANAGER TO FINALIZE THE AMENDMENT; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE AMENDMENT.
Sponsors
Detailed Information
Cached: 2 months agoResolutions - R7 R7C
COMMISSION MEMORANDUM
RECOMMENDATION
BACKGROUND/HISTORY
ANALYSIS
Amendment No. 1 to the Settlement Agreement between the City and the Deauville parties is submitted for approval by the Mayor and City Commission.
FISCAL IMPACT STATEMENT
N/A
Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
Applicable Area
Citywide
Is this a “Residents Right to Know” item, pursuant to City Code Section 2-17?
Is this item related to a G.O. Bond Project?
No
No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
City Attorney
Sponsor(s)
Co-sponsor(s)
Condensed Title
Approve Amendment 1 to Deauville Settlement Agreement. CA
Previous Action (For City Clerk Use Only)
Continue from 6/25/2025 - R7 D