HomeMy WebLinkAboutR-20-0386City of Miami
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Resolution: R-20-0386
File Number: 7867
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 11/19/2020
A RESOLUTION OF THE CITY OF MIAMI COMMISSION PURSUANT TO
SECTION 29-B(F) OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS
AMENDED, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE A LEASE AGREEMENT ("LEASE"), IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ("CITY") AND MIAMI
FIREFIGHTERS FEDERAL CREDIT UNION, A FEDERALLY CHARTERED
CREDIT UNION UNDER THE LAWS OF THE UNITED STATES ("LESSEE"),
FOR THE USE AND OCCUPANCY OF A CERTAIN PORTION OF CITY -
OWNED PROPERTY LOCATED AT 1103 NORTHWEST SOUTH RIVER
DRIVE, MIAMI, FLORIDA 33136 FOR AN INITIAL PERIOD OF FIFTEEN (15)
YEARS WITH TWO (2) FIVE (5) YEAR OPTIONS TO RENEW TO OPERATE A
FULL -SERVICE BANKING FACILITY FOR THE BENEFIT AND CONVENIENCE
OF CITY EMPLOYEES INCLUDING AUTOMATED TELLER MACHINES AND
THE PROVISION AND/OR SALE OF SUCH SERVICES, ITEMS, OR
PRODUCTS THAT INCLUDE, BUT ARE NOT LIMITED TO, LIFE INSURANCE,
DISABILITY INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT
INSURANCE, CREDIT INSURANCE, HOMEOWNER'S INSURANCE,
AUTOMOBILE INSURANCE, GAP INSURANCE, EXTENDED WARRANTIES,
AUTOMOBILE PURCHASING SERVICES, AND INVESTMENT SERVICES;
WITH A RENT TO THE CITY OF SIXTY-SIX THOUSAND EIGHT HUNDRED
FIFTY DOLLARS AND 00/100 CENTS ($66,850.00) PER ANNUM IN MONTHLY
INSTALLMENTS OF FIVE THOUSAND FIVE HUNDRED SEVENTY DOLLARS
AND 83/100 CENTS ($5,570.83) WITH CERTAIN RENT CREDITS AND OTHER
TERMS AND CONDITIONS AS MORE SPECIFICALLY SET FORTH IN THE
LEASE.
WHEREAS, the City of Miami ("City") owns and operates the property located at 1103
Northwest South River Drive, Miami, Florida 33136 ("Property"); and
WHEREAS, Miami Firefighters Federal Credit Union, a federally chartered credit union
under the laws of the United States ("Lessee"), has requested to lease a portion of the Property
for an initial period of fifteen (15) years with two (2) five (5) year options to renew to operate a
full -service banking facility ("Lease"); and
WHEREAS, the portion of the Property subject to the Lease is approximately three
thousand three hundred eighty five (3,385) square feet of office space on the first and second
floors of the City's Fire Station No. 3 building located within the Property ("Leased Premises");
and
WHEREAS, the Lessee wishes to operate a full -service banking facility for the benefit
and convenience of City employees including automated teller machines and the provision
and/or sale of such services, items, or products that include, but are not limited to, life
City of Miami Page 1 of 3 File ID: 7867 (Revision:) Printed On: 121312020
File ID: 7867 Enactment Number: R-20-0386
insurance, disability insurance, accidental death and dismemberment insurance, credit
insurance, homeowner's insurance, automobile insurance, gap insurance, extended warranties,
automobile purchasing services, and investment services ("Permitted Uses"); and
WHEREAS, the Lease will have a minimum yearly rent of sixty-six thousand eight
hundred fifty dollars and 00/100 Cents ($66,850.00) paid in monthly installments of five
thousand five hundred seventy dollars and 83/100 cents ($5,570.83) ("Base Rent"); and
WHEREAS, the Lessee is the owner of certain property directly across the right of way
from the property ("Union Lot"); and
WHEREAS, upon execution of the Lease, the City will be granted the exclusive use of
the Union Lot on weekends for the entire day and on weekdays from 3:00 P.M. through 7:00
A.M., and the City will grant the Lessee a rent credit in the amount of Two Thousand Ninety
Dollars and 00/100 Cents ($2,090.00) per month ("Rent Credit") during the duration of the
Lease; and
WHEREAS, Section 29-B(f) of the Charter of the City of Miami, Florida, as amended
("City Charter'), allows the City Commission to lease City property without the requirements of
competitive bidding when disposing of non -waterfront and non -buildable property to the owner
of an adjacent property when the subject property is 7,500 square feet or less; and
WHEREAS, the City hereby acknowledges that the Lease meets, and the Lessee, as the
owner of the Union Lot, has met the requirements outlined in Section 29-B(f) of the City Charter;
and
WHEREAS, the Lessee will make improvements to the Premises as described in further
detail in the Lease, such improvements being a benefit to the residents and employees of the
City;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. Pursuant to Section 29-B(f) of the City Charter, the City Manager is
authorized' to negotiate and execute the Lease, in a form acceptable to the City Attorney,
between the City and the Lessee for the Permitted Uses on the Leased Premises for an initial
period of fifteen (15) years with two (2) five (5) year options to renew with an initial annual Base
Rent in the amount of sixty-six thousand eight hundred fifty dollars and 00/100 Cents
($66,850.00) per year, with Rent Credit thereto, and other terms and conditions as further
described in the Lease.
' The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 3 File ID: 7867 (Revision:) Printed on: 121312020
File ID: 7867
Enactment Number: R-20-0386
Section 3. This Resolution shall become effective immediately upon adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1
i " 4naindez, ity ttor ey 11/5/2020
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 3 of 3 File ID: 7867 (Revision:) Printed on: 121312020