A RESOLUTION OF THE MIAMI CITY COMMISSION RECONSIDERING RESOLUTION NO. R-25-0526, WHICH AUTHORIZED THE CITY MANAGER TO NEGOTIATE AND EXECUTE A PURCHASE AND SALE AGREEMENT (“AGREEMENT”), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH IG LUXURY LLC, A DELAWARE LIMITED LIABILITY COMPANY (“IG LUXURY”), A WHOLLY-OWNED INDIRECT SUBSIDIARY OF BH3 IG DEVELOPER LLC, A DELAWARE LIMITED LIABILITY COMPANY (“DEVELOPER”), FOR THE SALE, UPON SATISFACTION OF CERTAIN CLOSING CONDITIONS SET FORTH IN THE AGREEMENT, OF A PORTION OF THAT CERTAIN PROPERTY LOCATED AT 888 MACARTHUR CAUSEWAY, MIAMI, FLORIDA, FOLIO 01-3231-061-0010, SUCH PORTION CONTAINING APPROXIMATELY 3.2 ACRES, AND TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO THE AGREEMENT AS MAY BE NECESSARY TO EFFECTUATE SAID AGREEMENT, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, IN COMPLIANCE WITH ALL APPLICABLE LAWS, RULES, AND REGULATIONS.