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R17-121 1 RESOLUTION NO. R17- 121 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, 4 FLORIDA, AUTHORIZE THE MAYOR TO SIGN A 5 SECOND AMENDMENT TO THE TOWN SQUARE 6 REDEVELOPMENT PHASE I SERVICES AGREEMENT 7 WITH E2L REAL ESTATE SOLUTIONS, LLC OF 8 WINTER PARK; AND PROVIDING AN EFFECTIVE 9 DATE. 10 11 WHEREAS, on June 29, 2017, the City and Company entered into the Town Square 12 Redevelopment Phase 1 Services Agreement ("Agreement") whereby Company was engaged to 13 provide certain Phase 1 Services as defined in the Agreement with respect to the City's Town 14 Square Development(the"Development"); and 15 WHEREAS, construction has begun on the old high school building to re-purpose the 16 building as a Cultural Center to house City programming; and 17 WHEREAS, due to scope changes on the remaining project the building construction 18 funded in the original contract will end and the contraction must demobilize from the site 19 therefore in order to continue the construction on this building, an additional $1,500,000 is 20 needed to finish the exterior of the building including structural framing, gym roof, flat roof, 21 exterior seal and paint and windows; and 22 WHEREAS, this work will completely dry-in the building and make it ready for 23 completing the interior for full use by the City. 24 WHEREAS,upon recommendation of staff, the City Commission has determined that 25 it is in the best interests of the residents of the City to authorize the Mayor to sign a Second 26 Amendment to the Town Square Redevelopment Phase I Services Agreement with E2L Real 27 Estate Solutions, LLC. 28 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF C:\Program Files(X86)\Neevia.Com\Docconverterpro\Temp\NVDC\CD614731-2A42-4ED4-SEBA-CB2D7B560719\Boynton Beach.7990.1.Town_Square_Second Amendment__Reso.Doc 29 THE CITY OF BOYNTON BEACH, FLORIDA, THAT: 30 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 31 being true and correct and are hereby made a specific part of this Resolution upon adoption 32 hereof. 33 Section 2: The City Commission of the City of Boynton Beach, Florida does 34 hereby authorize the Mayor to sign a Second Amendment to the Town Square Redevelopment 35 Phase I Services Agreement with E2L Real Estate Solutions, LLC, a copy of the Second 36 Amendment is attached hereto as Exhibit"A". 37 Section 3. This Resolution shall become effective immediately upon its passage. 38 39 PASSED AND ADOPTED this 6-44 day of tem? , 2017. 40 CITY OF BOYNTON BEACH, FLORIDA 41 YES NO 42 43 Mayor—Steven B. Grant 44 45 Vice Mayor—Justin Katz 46 47 Commissioner—Mack McCray 48 49 Commissioner—Christina L. Romelus i 50 51, Commissioner—Joe Casello 52 53 VOTE 54. 55 ATTEST: 56 5 , 5: Jud' 1A. Pyle, CM 5• Ci , Clerk 61 (Corporate Seal) Fy c C:\Program Files(X86)\Neevia.Com\Docconverterpro\Temp\NVDC\CD614731-2A42-4ED4-SEBA-CB2D7B560719\Boynton Beach.7990.1.Town_Square_Second_Amendment__Reso.Doc SECOND AMENDMENT TO THE TOWN SQUARE REDEVELOPMENT PHASE 1 SERVICES AGREEMENT THIS SECOND AMENDMENT,dated the day of December,2017,between: CITY OF BOYNTON BEACH,a municipal corporation,with its principal place of business at 100 East Boynton Beach Boulevard, Boynton Beach, Florida 33495, hereinafter referred to as "City"; and E2L REAL ESTATE SOLUTIONS,LLC,a Florida limited liability company,with its principal place of business at 1400 W. Fairbanks Ave., Suite 201, Winter Park, Florida 32789,hereinafter referred to as"Company" WITNESSETH: WHEREAS, on June 29, 2017, the City and Company entered into the Town Square Redevelopment Phase 1 Services Agreement ("Agreement") whereby Company was engaged to provide certain Phase 1 Services as defined in the Agreement with respect to the City's Town Square Development(the"Development"); and WHEREAS,on August 21,2017,the City and the Company entered into a First Amendment to the Agreement in order to provide for the Company to provide additional Phase 1 Services related to the inclusion of a District Energy Plant(the"Energy Plant"), and design services for water, sewer, reuse, and storm water infrastructure associated with the Development ("Utility Infrastructure") in accordance with the terms set forth therein. WHEREAS,the City and the Company desire to enter into this Second Amendment to the Agreement in order to increase the High School Stabilization Fee and to extend the Termination for Convenience deadline. NOW,THEREFORE,for and in consideration of the mutual covenants and other good and valuable consideration,the Parties hereto agree as follows: SECTION 1. The foregoing "Whereas" clauses are hereby ratified as being true and correct, and incorporated herein. SECTION 2. That the High School Stabilization Fee as defined in section 3.3 B of the Agreement is hereby increased by One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00)to a total amount not to exceed Three Million and 00/100 Dollars($3,000,000.00). SECTION 3. That the date of termination described in Article X Sections 10.1, 10.2 and 10.3, is hereby extended to February 21,2018. {00206209.1 306-99052631 Page 1 of 3 IN WITNESS WHEREOF,the City has caused this Second Amendment to be duly executed in its name and behalf and the Company has caused this Second Amendment to be duly executed in its name and behalf on the dates set forth below. In the event of any inconsistencies between this Second Amendment,the First Amendment and the Agreement, the provisions contained in this Second Amendment shall prevail. In all other respects, the terms and provisions of the Agreement are ratified and confirmed. CITY OF BOYNTON BEACH,FLORIDA BY: ,.. ?e/5-.1C --- STEVEN B.GRANT,MAYOR ATTEST: it,k641 BY: Date: /02-//.2— .2017 yle, CMC erk 0111X (Seal) n: x.a o .z. o, eOYN'tA._ ,. - APPROVED • TO FORM AND • SUFFICIENCY 1,AlLaiii James A. Chero - City Attorney (00206209.1 106-990520) Page 2 of 3 E2L REAL ESTATE SOL TIO S,LLC BZ/Zx dJZ , 'fa fc- NamefrA/& F�/z✓nl Its Date: /y/7 /7 10020009.1300- 052031 Page 3 of 3