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Title:
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RESOLUTION APPROVING SECOND AMENDMENT TO
DEVELOPMENT LEASE AGREEMENT WITH THE CARRIE MEEK
FOUNDATION, INC. (FOUNDATION), FOUNDATION’S ASSIGNMENT
OF THE DEVELOPMENT LEASE AGREEMENT AS AMENDED, TO
CPM COMMUNITY FIRST, INC. (CPM), AND CPM’S ASSIGNMENT OF
SAME TO CCRE MEEK, LLC, FOR DEVELOPMENT OF COMMERCIAL
AND AVIATION FACILITIES ON TWO SEPARATE PARCELS OF LAND
AT MIAMI-OPA LOCKA EXECUTIVE AIRPORT; REDUCING THE
DEVELOPMENT PERIOD; AMENDING THE RENT FORMULA;
PROVIDING FOR FOUNDATION’S OBLIGATION TO DISTRIBUTE
REVENUE TO DESIGNATED ECONOMIC DEVELOPMENT AND
COMMUNITY IMPROVEMENT PROJECTS IN THE CITY OF OPALOCKA;
AMENDING THE ASSIGNMENT AND MORTGAGING
PROVISIONS; WAIVING RESOLUTION NO. 273-15 TO THE EXTENT
ITS INSURANCE REQUIREMENTS ARE DEEMED APPLICABLE TO
THE PROJECT; AUTHORIZING COUNTY MAYOR OR COUNTY
MAYOR’S DESIGNEE TO EXECUTE THE SECOND AMENDMENT,
APPROVE THE ASSIGNMENTS AND FUTURE ASSIGNMENTS,
EXERCISE ALL PROVISIONS IN THE SECOND AMENDMENT, AND
COMPLETE ALL ACTS NECESSARY TO EFFECTUA...
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