HomeMy WebLinkAboutR-97-0821J-97-896
11/25/97
RESOLUTION NO. 9 t— 821
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
ENTER INTO AN AMENDMENT TO THE MANAGEMENT
AGREEMENT BY AND BETWEEN THE CITY OF MIAMI
AND THE LATIN AMERICAN GOURMET RESTAURANT
INC., FOR THE MANAGEMENT, OPERATION AND
MAINTENANCE OF THE PAUL WALKER PARK
CONCESSION AREA LOCATED AT 46 WEST FLAGLER
STREET, MIAMI, FLORIDA (THE "AREA"), FOR
PURPOSES OF EXTENDING THE PREVIOUSLY SET
DATE FOR OPENING THE PARK CONCESSION;
REQUIRING A LETTER OF CREDIT OR PAYMENT AND
PERFORMANCE BOND IN THE AMOUNT OF $100,000
IN CONNECTION WITH THE CONSTRUCTION OF
IMPROVEMENTS AT THE AREA; REQUIRING A
SECURITY DEPOSIT IN THE AMOUNT $3,000, A
PROPERTY TAX PASS THROUGH PROVISION.
WHEREAS, on November 24, 1996, the City Commission adopted
Resolution No. 96-850 authorizing the City Manager to enter into
an amendment to the Management Agreement dated May 29, 1992, by
and between the City of Miami and Latin American Gourmet
Restaurant, Inc., for the management, operation and maintenance
of the Paul Walker Park concession area located at 46 West
Flagler Street, Miami, Florida (the "Area"), subject to execution
of said amendment to the agreement within thirty days of adoption
of said Resolution, for purposes of:
o extending the previously set date for opening the
park concession area from December 1, 1996 to
June 1, 1997;
CITY C®
FETING QF
NOV 2 6 1997
Resolution Na
97- 8.21
o requiring Latin American Gourmet Restaurant, Inc.,
to furnish a letter of credit or payment and
performance bond in the amount of $225,000 in
connection with the construction of certain
improvements to the Area;
o requiring Latin American Gourmet Restaurant, Inc.,
to furnish a security deposit in the amount of
$3,000;
o adding a property tax pass through provision;
o providing for an annual increase in the minimum
monthly payment to the City in the amount 30 or
the increase in the Consumer Price Index
(whichever is greater).
WHEREAS, said amendment has not been entered into by the
parties; and
WHEREAS, the parties now desire to enter into an amendment
providing for substantially the same modifications to the
Management Agreement as previously approved pursuant to
Resolution 96-850, except as herein modified.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The City Manager is hereby authorized to
enter into an amendment to the Management Agreement dated May 29,
1992, by and between the City of Miami and Latin American Gourmet
Restaurant, Inc., for the management, operation and maintenance
of the Paul Walker Park concession area located at 46 West
Flagler Street, Miami, Florida (the "Area") for purposes of:
o extending the previously set date for opening the
park concession area from June 1, 1997 to May 25,
1998;
o requiring Latin American Gourmet Restaurant, Inc.,
to furnish a payment and performance bond or
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97- 821
letter of credit in the amount of $100,000 in
connection with the construction of certain
improvements to the Area;
o requiring Latin American Gourmet Restaurant, Inc.,
to furnish a security deposit in the amount of
$3,000;
o adding a property tax pass through provision;
o providing for an annual increase in the minimum
monthly payment to the City in the amount 30 or
the increase in the Consumer Price Index
(whichever is greater) .
Section 2. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 26th day of November 1997.
XAVIER SUAREZ, MAYOR
ATTEST: In accordance with Miami Code Sec. 2-36, since the Mayor did not indicate approval of
this legislation by signing it in the designated place provided, said legislation now
becomes effective with the elapse of ten (10) days from the date of Commission action
WALTER J . FOEMAN.regarding-same, without the Mayor exercisin v o.
CITY CLERK
Walter J. ema , City Clerk
PREPARED AND APPROVED BY: APPROVED AS TO FORM AND
CORRECTNESS:
JULIE 0. B9U-
ASSISTANT CITY ATTORNEY
W2073/JOB/kd
-3-
97- 821
SENT BY:CITY OF MIAMI :11- 3-37 ; 4:55FM ; CITY MANAGER'S""�---
CITY or MIAW rLon1DA AMU
INTER -OFFICE MEMORANDUM
TO : Edward Marquez DATE : OcUker 30, 1997 FILE
City Manager
.SUC000T : Discussion fL ur
r
rnow
REFERENCES '.
TomasRee/gaalado ENCLOSURES:
Vice Mayor
Please place an item for discussion regarding the status of the city -owned piuputty on
Hagler Street that is currently being leased to the Latin American GOUILnCL Kn(aul ant,
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