Summary:
The University Club located at 150 East Central Boulevard has been sold to UC Orlando Central LLC (Licensee) for redevelopment and construction of a high rise building. The Licensee is utilizing tower cranes on their property for construction of the high rise building.
The City owns a portion of the Orlando Public Library at 101 East Central Boulevard and the Orlando Parking Garage at 112 East Central Boulevard.
The tower cranes will swing across portions of the City's air space for these two properties as shown on attached Exhibit C - Modera Crane Swing Diagram.
The License Agreement permits the Licensee to utilize the City's air rights, provided that at no time shall material be hoisted over the City properties. The License Agreement protects the City with indemnification, hold harmless, and insurance requirements; and maintenance and repair obligations for the Licensee. The License Agreement will expire when the work is completed but no later than December 31, 2020. |