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HomeMy Public PortalAbout1992-21 Acceptance of asigment of Case No. 90-61564 (CA 32) from Key Biscayne Council92-21 RESOLUTION NO. A RESOLUTION OF THE BOARD OF TRUSTEES OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; PROVIDING FOR THE ACCEPTANCE OF AN ASSIGNMENT FROM THE KEY BISCAYNE COUNCIL, INC. TRANSFERRING ITS CAUSES OF ACTION IN CASE NO. 90-61564 (CA 32), IN THE CIRCUIT COURT IN AND FOR DADE COUNTY, FLORIDA; AUTHORIZING THE VILLAGE ATTORNEY TO MOVE FOR SUBSTITUTION OF PARTIES AND A STAY OF PROCEEDINGS PENDING COMPLETE RESOLUTION OF THE MATHESON LAWSUIT; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, it has been determined that it is in the best interest of the Village to accept an assignment from the Key Biscayne Council, Inc., of the causes of action in the case styled Key Biscayne Council, Inc. v. Metropolitan Dade County, bearing Case No. 90-61564 (CA 32) now pending in the Circuit Court in and for Dade County, Florida; WHEREAS, it has been determined that it is in the best interest of the Village to ascertain how that certain litigation styled Matheson v. Metropolitan Dade County, Case No. 91-3207 (CA 5), currently on appeal from the Dade County Circuit Court to the Third District Court of Appeal, Metropolitan Dade County v. Matheson, Appellate Case No. 92-1069 (the "Matheson Lawsuit"), shall be resolved following all appeals of any issues raised therein; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE VILLAGE OF KEY BISCAYNE, FLORIDA AS FOLLOWS: Section 1. Acceptance of Assignment That the Village EXHIBIT "A" ASSIGNMENT This is an Assignment ("Assignment") made by the Key Biscayne Council, Inc. (the "Council"), a Florida corporation, in favor of the Village of Key Biscayne (the "Village"), a Florida municipal corporation. RECITALS On or about December 21, 1990, the Council filed a lawsuit in the Circuit Court of the Eleventh Judicial Circuit in and for Dade County, Florida styled Key Biscayne Council, Inc. v. Metropolitan Dade County, Case No. 90-61564 (CA 32) (the "Case"). The Council wishes to transfer its interest in the Case and each cause of action therein to the Village and the Village wishes to accept the Council's rights and interests with regard to the Case. NOW, THEREFORE, in consideration of the mutual promises contained in this Assignment and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged (including but not limited to the payment of all costs and fees incident to the prosecution of the Case), the Council hereby conveys, assigns and transfers to the Village all of its right, title and interest in the Case and each cause of action therein, upon the following terms and conditions. 1. Reversion. The Council acknowledges that the Village intends to file a motion with the circuit court requesting that the Village be substituted for the Council or otherwise be permitted to pursue the Case pursuant to the Assignment. In the event that the Village for any reason is unable or prohibited from prosecuting the nearest legal meaning or be construed as deleted as such authority determines, and the remainder of this Assignment shall be construed to be in full force and effect. IN WITNESS WHEREOF, the Council has caused this Assignment to be executed this day of July, 1992. KEY BISCAYNE COUNCIL, INC. By: Bett Sime IN WITNESS WHEREOF the Village has accepted this Assignment this „2 day of July, 1992. Atte • • Cle k 3 THE VILLAGE OF KEY BISCAYNE, a municipal corporation By: Rakael Conte, Mayor