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 EFFECTUATE THE DEVELOPMENT LEASE AGREEMENT AS AMENDED

Resolution 3-Day Rule Introduced June 1, 2016

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