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WHEREAS, the City of Hallandale Beach entered into a Development
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Agreement with The Village of Gulfstream Park, LLC, hereinafter referred to as
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“Developer” on February 7, 2007 for the approval of Application # 07-06-DB and future
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development of approximately 60.8 acres of property known as “The Village of
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Gulfstream Park; and
EXHIBIT 1
RESOLUTION NO. 2014 A RESOLUTION OF THE MAYOR AND CITY
COMMISSION OF THE CITY OF HALLANDALE BEACH,
FLORIDA, APPROVING AND AUTHORIZING THE CITY
MANAGER TO EXECUTE THE AMENDED AND
RESTATED DEVELOPMENT AGREEMENT BETWEEN
THE CITY OF HALLANDALE BEACH AND THE
VILLAGE OF GULFSTREAM PARK, LLC., IN
SUBSTANTIALLY THE SAME FORM AS ATTACHED
HERETO AS EXHIBIT 1; AND PROVIDING AN
EFFECTIVE DATE.
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WHEREAS, the Developer desires to continue the development of the property
in accordance with the approved DRI and PLAC; and
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WHEREAS, the City and the Developer have met on numerous occasions to
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negotiate an amendment to the original Development Agreement amending and
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restating the Original Agreement to provide for terms and conditions upon which the
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Property can be developed in accordance to the Conceptual Plan, as may be amended
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from time to time; and
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WHEREAS, the proposed Amended and Restated Development Agreement
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deletes conditions which are no longer applicable in that they have been previously
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complied with by the Developer; and
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WHEREAS, the proposed Amended and Restated Development Agreement
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adds provisions requiring the participation of the Developer in the enhancement of local
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employment and the City’s Community Benefit Plan initiative; and
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IWO 2014-010 (VLW)
File # 14-
1
RES. NO: 2014-
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WHEREAS, the proposed Amended and Restated Development Agreement
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substantially amends Exhibit C to the original Development Agreement, Conditions of
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Approval to provide conditions relating to projects which have evolved since the
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execution of the Original Agreement; and
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WHEREAS,
the City Administration recommends that the Mayor and City
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Commission approve the Amended and Restated Development Agreement between the
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City of Hallandale Beach and The Village of Gulfstream Park, LLC., and authorize the
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City Manager to execute the Amended and Restated Development Agreement in
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substantially the same form as attached hereto as Exhibit 1; and
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WHEREAS, the Mayor and City Commission believes that the Amended and
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Restated Development Agreement is in the best interest of the residents of the City of
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Hallandale Beach.
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NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND THE CITY
COMMISSION OF THE CITY OF HALLANDALE BEACH, FLORIDA:
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SECTION 1. Approval and City Manager Authorization. The Mayor and the
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City Commission hereby approve the Amended and Restated Development Agreement
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in substantially the same form as attached hereto as Exhibit 1 as being in the best
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interest of the residents of the City of Hallandale Beach. The City Manager is hereby
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authorized to execute the Amended and Restated Development Agreement and to take
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all necessary actions to implement.
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SECTION 2. Effective Date. This Resolution shall take effect immediately upon
its passage and adoption.
APPROVED AND ADOPTED this ____ day of January, 2014.
____________________________
JOY F. COOPER
MAYOR
SPONSORED BY: CITY ADMINISTRATION
IWO 2014-010 (VLW)
File # 14-
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RES. NO: 2014-
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ATTEST:
____________________________________
SHEENA JAMES, CMC
CITY CLERK
APPROVED AS TO LEGAL SUFFICIENCY
FORM
____________________________________
V. LYNN WHITFIELD
CITY ATTORNEY
IWO 2014-010 (VLW)
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RES. NO: 2014-