HomeMy WebLinkAboutR-96-0361J-96-545
5/28/96
RESOLUTION NO. '9� 6 - 8 C I
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A
CONSENT AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, WHEREBY THE CITY SHALL CONSENT TO A SUBLEASE
BETWEEN GROVE KEY MARINA, INC. AND COCONUT GROVE YACHT
AND BROKERAGE, INC., FOR THE SALE OF NEW AND USED BOATS,
OUTBOARD MOTORS AND THE SALE OF RELATED ITEMS, SUBJECT
TO (1) CITY MANAGER REVIEW AND APPROVAL OF THE SUBLEASE
AGREEMENT AND(2) THE CITY RECEIVING COLLECTIVELY FROM
THE ABOVE REFERENCED SUBLEASE AND THE SHIP'S STORE
SUBLEASE A MINIMUM ANNUAL RENT OF NOT LESS THAN $18,000
AND NO MORE THAN $40,000.
WHEREAS, the City of Miami ("City") and Grove Key Marina, Inc. ("GKM") entered
into a lease agreement on April 1, 1976 (the "Lease Agreement"), as amended, whereby GKM
leases the City -owned property located at 3385 Pan American Drive, Miami, Florida, from the
City; and
WHEREAS, in accordance with Paragraph 14 of the Lease Agreement, the City
Commission approved the Second Addendum to the Lease Agreement consenting to the sublease
between GKM and Grove Key Ship's Store, current assignee (hereinafter the "Ship's Store
Sublease"); and
WHEREAS, GKM has advised the City that it now wishes to sublet to Coconut Grove
Yacht and Brokerage, Inc. approximately 100 square feet of space located in the northeast
portion of the south hanger for the sale of new and used boats, outboard motors and related items;
and
CITY COISSIOi)i
MEETING OF
MAY 2 9 1996
Resolution No.
r
WHEREAS, GKM has advised the City that simultaneous with the execution of a
sublease for the sale of boats, GKM will consent to the assignment of the Ship's Store Sublease,
from Grove Key Ship's Store, current assignee, to Coconut Grove Yacht and Brokerage, Inc.;
and
WHEREAS, Paragraph 14 of the Lease Agreement requires City Commission approval
of the sublease to Coconut Grove Yacht and Brokerage, Inc.;
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
hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is hereby authorized11 to execute a consent
agreement, in a form acceptable to the City Attorney, whereby the City shall consent to a
sublease between Grove Key Marina, Inc. and Coconut Grove Yacht and Brokerage, Inc. for the
sale of new and used boats, outboard motors and the sale of related items, subject to (1) City
i
Manager review and approval of the sublease agreement, and (2) the City receiving collectively
from the above referenced sublease and the Ship's Store Sublease a minimum annual rent of not
less than $18,000 and no more than $40,000,
Section 3. This Resolution shall become effective immediately upon its adoption.
'-� The herein authorization is further subject to compliance with all requirements that may
be imposed by the City Attorney, including but not limited to those prescribed by
applicable City Charter and Code provisions.
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96- 361