11A23 - Approve Jackson Medical Towers Dev Lease

RESOLUTION APPROVING THE BIFURCATION OF THE JACKSON MEDICAL TOWERS REDEVELOPMENT LEASE AGREEMENT WITH RUDG, LLC FOR THE PROVISION OF A WORKFORCE AND AFFORDABLE HOUSING DEVELOPMENT ON COUNTY-OWNED LAND LOCATED ON A PORTION OF FOLIO NOS. 01-3135-045-0010 AND 01-3135-045-0020, WITH ESTIMATED CUMULATIVE RENTAL REVENUE OVER THE TERM OF $534,923,191 TO THE PUBLIC HEALTH TRUST OF MIAMI-DADE COUNTY, INCLUSIVE OF A CAPITALIZED LEASE PAYMENT ESTIMATED TO BE APPROXIMATELY $41,331,973, AND AUTHORIZING THE PUBLIC HEALTH TRUST TO EXECUTE SAME; AUTHORIZING THE PUBLIC HEALTH TRUST AND THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO EXERCISE ALL RIGHTS CONFERRED IN THE BIFURCATED LEASE AND TAKE ALL ACTIONS TO EFFECTUATE SAME; DELEGATING AUTHORITY TO THE PUBLIC HEALTH TRUST TO ADMINISTER THE TERMS OF THE BIFURCATED LEASE ON BEHALF OF MIAMI-DADE COUNTY AS GROUND LESSOR, CONSISTENT WITH THE TERMS OF THE BIFURCATED LEASE AND THIS RESOLUTION