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HomeMy WebLinkAboutR-87-1019fi tip. J-87- 998 11/9/87 RESOLUTION NO. F' � —1012 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXERCISE THE RENEWAL OPTION, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO THE LEASE AGREEMENT DATED NOVEMBER 1, 1984, BETWEEN THE CITY OF MIAMI AND COCONUT GROVE BANK, FOR 2,383 SQUARE FEET OF SPACE IN THE COCONUT GROVE BANK BUILDING AT 2701 SOUTH BAYSHORE DRIVE, FOR THE PERIOD BEGINNING NOVEMBER 11 1987 AND ENDING OCTOBER 31, 1988, AT A YEARLY RENTAL OF $52,425, WITH FUNDS THEREFOR ALLOCATED FROM LABOR RELATIONS' BUDGETED DEPARTMENTAL FUNDS. WHEREAS, Resolution 84-1152 authorized the City Manager to enter into a lease agreement with Coconut Grove Bank, to lease 2,383 square feet of space at 2701 South Bayshore Drive to provide office space for City administrative offices; and WHEREAS, the initial term of the lease agreement dated November 1, 1984 expires October 31, 1987; and WHEREAS, the City of Miami and Coconut Grove Bank are both desirous of extending the term of the lease agreement; and WHEREAS, said lease agreement contains an Option Clause allowing the City to extend the lease for an additional two years, at a renegotiated annual base rental; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to exercise the renewal option, in a form acceptable to the City Attorney, to the lease agreement dated November 1, 1984, between the City of Miami and Coconut Grove Bank, for 2,383 square feet of space in the Coconut Grove Bank building at 2701 South Bayshore Drive, for the period beginning November 1, 1987 and ending October 31, 1988, at a yearly rental of $52,425; funds therefor to be allocated from Labor Relations' budgeted departmental funds. ------ CITY COM.IVIISSION MEETING OF ATTACRIMTS NOV 19 1987 ENCLOSED RESOLUTION No. F37-101 REMARKS: Section 2. it is further authorized that since the City has not elected to exercise the additional two year option contained in the 02tion Clause to the lease agreement, the City shall pay Coconut Grove Bank $4,750 as partial reimbursement towards original renovation costs of the 2,383 square feet of space. PASSED AND ADOPTED this 19th day of November ► 1987• XAVIER L. 66AREZ MAYOR ATT T: M HIRAI CITY CLERK BUDGETARY REVIEW AND APPROVAL BY: MANOHAR S. SURANA, DIRECTOR DEPARTMENT OF MANAGEMENT AND BUDGET FINANCIAL REVIEW AND APPROVAL BY: !s/ CARLOS E. GARCIA, DIRECTOR DEPARTMENT OF FINANCE PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY - APPROVES/TO FORM AND CORRECT S . IAI A-.�OU$HERTY TY ATTORNEY R i i -f 2 ?S""' A� AMENDMENT TO THE LEASE AGREEMENT DATED NOVEMBER 1, 1984 BETWEEN CITY OF MIAMI AND COCONUT GROVE BANK THIS AMENDMENT made and entered into this day of - 1987, between the City of Miami, a municipal - corporation, as TENANT, and Coconut Grove Bank, a Florida banking corporation, as LANDLORD; amending certain provisions of that lease agreement made and entered into November 1, 1984, between the same parties, which lease is deemed as being incorporated by reference herein as though set forth in full, for the lease of- 2,383 square feet of space on the 4th floor of the Coconut Grove Bank Building, located at 2701 South Bayshore Drive, Miami, Florida. TENANT and LANDLORD hereby expressly agree to amend that certain lease agreement dated November 1, 1984, between the _ parties. I. TERM The clause as to TERM on page 1 of this lease is deemed amended by the addition of the following language: The lease is hereby extended for one year, from November 1, 1987 to October 31, 1988, as to a first extension, and for a second year, from November 1, 1988 to October 31, 1989, as to a second extension. II. BASE RENTAL The clause as to BASE RENTAL on page 1 of such lease is amended by the addition of the following language: The rental for the first extension is $22.00 per square foot or $4,368.83 per month plus tax ($218.44) for a total of 74,587.27 per month or $52,425.96 per year plus tax. As to the second extension, the rental is $23.00 per square foot or $4,567.42 per month plus tax ($228.37) for a total of $4,795.79 per month or $54,809.04 per year plus tax. 8i-1O S 1 III. OPTION CLAUSE DELETION The parties agree that the second paragraph of the option clause which appears as an exhibit to the lease and which reads as follows: It is further understood that if Tenant fails to exercise the additional two (2) year option, Tenant will pay to Landlord $9,500 to reimburse Landlord for the original cost of renovating the 2,383 square feet of space. is hereby deleted and struck and of no further cause or effect. IN ALL OTHER RESPECTS, the lease agreement entered into on November 1, 1984 remains in full force and effect and shall not be deemed to be repealed, amended or modified in any manner whatsoever, except as herein above specifically provided. IN WITNESS WHEREOF, the parties have individually and through their proper corporate officials executed this lease AMENDMENT the day and year first written above. WITNESSES: Corporate Secretary ATTEST: Matty Hirai, City Clerk APPROVED AS TO FORM AND CORRECTNESS: Lucia A. Dougherty City Attorney COCONUT GROVE BANK, Landlord By: President or Authorized Vice -President The CITY OF MIAMI, Tenant By: Cesar H. Odio, City Manager APPROVED AS TO INSURANCE REQUIREMENTS: Risk Manager 2 In Honorable Mayor and Members of then City Commission i Lucia A. D gherty City Attorney November 12, 1987 City Commission Meeting November 12, 1987 Agenda Items #16, #55 #56, #58 #67-71, #94 (2) The following information and material should be considered by you in your deliberations at today's Meeting: Agenda Item #16 (J-87-998) [City's lease of space at Coconut Grove Bank] The distributed resolution incorrectly reflects the City's exercise of a two-year renewal option on 2,383 sq. ft. of space in the Coconut Grove Bank Building. The attached proposed resolution reflects the City's exercise of a one-year renewal option for this space and provides for payment of $4,75O by way of reimbursement for renovations completed in 1984 at the City's request. The attached resolution and cover memorandum should be substituted in your Packet. NOTE: At the time the Consent Agenda is voted upon, if this Item (#16) is not removed from the Consent Agenda and considered separately, there should be an announcement made by the Mayor that Item #18 is being voted upon "as modified". Agenda Item #55 (J-87-926) [Capital Improvements Ordinance] This second reading ordinance when adopted October 22nd upon first reading did not contain funding required for the reimbursement to Bayside Center Limited partnership which was authorized on October 22nd; further, the amount of $128,100 was added to fund the cost of additional repairs to the Orange Bowl Press Box Facilities as reflected in Item #73 of today's Agenda. These modification are found on pages 12 and 13 respectively in the ordinance distributed in your Packet. Agenda Item #86 (J-87-1022) [Citywide Demolition Substandard Buildings] There was clarifying language added in the body of this first reading ordinance to reflect the use of the increased appropriations ($242,318) to implement the City's demolition Program. 9'7-1019 9 7 -1019 n ATE= _. Honorable Mayor and Members November 12, 1987 of the City Commission City Commission Meeting ; November 12, 1987 J� Lucia A. Drdugherty - Agenda Items #16, #55 #56, City Attorney #58 #67-71, #94 (2) The following information and material should be considered by you in your deliberations at today's Meeting: Agenda Item #16 (J-87-998) [City's lease of space at Coconut Grove Bank] The distributed resolution incorrectly reflects the City's exercise of a two-year renewal option on 2,383 sq. ft. of space in the Coconut Grove Bank Building. The attached proposed resolution reflects the City's exercise of a one-year renewal option for this space and provides for payment of $4,750 by way of reimbursement for renovations completed in 1984 at the City's request. The attached resolution and cover memorandum should be substituted in your Packet. NOTE: At the time the Consent Agenda is voted upon, if this Item (#16) is not removed from the Consent Agenda and considered separately, there should be an announcement made by the Mayor that Item #16 is being voted upon 'as modified'. C Agenda Item #55 (J-87-926) [Capital Improvements Ordinance] This second reading ordinance when adopted October 22nd upon first reading did not contain funding _ required for the reimbursement to Bayside Center Limited partnership which was authorized on October 22nd; further, the amount of $128,100 was added to fund the cost of additional repairs to the Orange Bowl Press Box Facilities as reflected in Item #73 of today's Agenda. These modification are found on pages 12 and 13 respectively in the ordinance distributed in your Packet. Agenda Item #56 (J-87-1022) [Citywide Demolition Substandard Buildings] There was clarifying language added in the body of this first reading ordinance to refleot the use of the increased appropriations ($242,318) to implement the City's demolition Program. 9 7-3.019 i Honorable Mayor and Members of the City Commission November 12, 1987 Page 2 Agenda Item #58 (J-87-965) [Updating of City's Code Enforcement Board Ordinance] The distributed ordinance which updates City Code provisions to conform with recent legislative changes did not eliminate the Code provision requiring that a landowner be notified of any violation occurring on the premises. Since the state law does not require such notice and since the City only notifies the owner where a lien is sought to be imposed, we have changed "shall" to "may" in the sentence appearing at the top of Page 7 of this Ordinance. Agenda Items #67-71 (J-87-1024, J-87-1025, J-87-1026, J-87-1027, J-87-1028) [Approving in principle, UDAG Applications] Descriptive language has been added in footnote form to the body of these five resolutions to mirror the language already set forth in the titles. Agenda Item # 4 (J-87-1041) [Discussion of Stormwater Management] In the event you approve the user -fee concept and wish to expedite implementation of the City's Program, we have prepared the attached resolution for substitution in your Packet. As distributed, the resolution did not allocate funding for the consultant's contract; the attached resolution allocates an amount not to exceed $50,000 from the 1984 Storm Sewer General Obligation Bond Funds, Project No. e 352250 Citywide Storm Drainage Master Plan. LAD:RFC:bss:P463 co: Cesar H. Odio, City Manager Natty Hirai, City Clerk Ron E. Williams, Director, General Services Administration Department Att: Albert Armada, Property and Lease Manager Sergio Rodriguez, Planning Director Walter E. Golby, Director, Parks, Recreation and Public Facilitic Frank Castenada, Director. Department of Community Development Edith Fuentes, Director, Department of Building and Zoning Donald W. Cather, Director, Department of Public Works 9 7-1019 9 ,'-1019 CITY OF MIAMI. FLORIDA ,r INTEROFFICE MEMORANDUM (D •° Honorable (Mayor and DATE Members of the City Lo.nmission SUBJECT Resolution Authorizing do Amendment to the Coconut Grove Bank's Lease rROM REFERENCES Agreement Cesar H. Cdio City Manay(--r ENCLOSURES RECOMMENDATION: s it is respectfully c(:commenaua that the City Commission-6dopt-:3lhe attached resolution authorizing an amendment to the November. 1, 1984 lease agreement between the City of Miami and the Coconut Grove BanK, thereby partially exercising the renewal option presently contained in the existing lease. ' BACKGROUND: Tne General Services Administration Department analyzed the continuing need for space for Labor Relations and it was mutually agreed that this would best oe achieved by extending the lease for use of 2,383 square feet of space on the 4th tloor of the Coconut Grove Bank building, located at 2701 South Bayshore Drive. Said lease contains an option clause allowing the lease term to be extended for an additional two years provided that the annual runt will be renegotiated. Tne proposed amendment would allow a one year extension to the lease term, up to and including October 31, 1988, with a corresponding rental increase. Funds for the new rental amount of $52,425 will be allocated from Labor Relations' depaicmental budget. This amendment in effect modifies a requirement that the City pay the Bank for renovations done in 1984, by reimbursing them in the amount of $4,750. Attached: Proposed Resolution Proposed Amendment 97-1019 4 -ILOAM 011 t Honorable Mayor and Members November 10, 1987 of the City Commission City Commission Meeting November 10. 1987 Lucia ._Dougherty Agenda Items #18, #56, #58 City Attorney #67-71, #94 (2) The following information and material should be considered by you in your deliberations at today's Meeting: Agenda Item #16 (J-87-998) [City's lease of space at Coconut Grove Bank] The distributed resolution incorrectly reflects the City's exercise of a two-year renewal option on 2,383 sq. ft. of space in the Coconut Grove Bank Building. The attached proposed resolution reflects the City's exercise of a one-year renewal option for this space and provides for payment of $4,750 by way of reimbursement for renovations completed in 1984 at the City's request. The attached resolution and cover memorandum should be substituted in your Packet. NOTE: At the time the Consent Agenda is voted upon, if this Item (#16) is not removed from the Consent Agenda and considered separately, there should be an announcement made by the Mayor that Item #16 is being voted upon "as modified". Agenda Item #56 (J-87-1022) [Citywide Demolition Substandard Buildings] There was clarifying language added in the body of this first reading ordinance to reflect the use of the increased appropriations ($242,315) to implement the City's demolition Program. Atenda Item #58 (J-87-965) [Updating of City's Code Enforcement Board Ordinance] The distributed ordinance which updates City Code provisions to conform with recent legislative changes did not eliminate the Code provision requiring that a landowner be notified of any violation occurring on the premises. Since the state law does not require such notice and since the City only notifies the owner where a lien is sought to be imposed, we have changed "shall" to "may" in the P3 : -10139 4 17-1019 Honorable Mayor and Members November 10, 1987 Of the City Commission Page 2 sentence appearing at the top of Page 7 of this Ordinance. Agenda Items #67-71 (J-87-1024, J-87-1025. J-87-1026, J-87-1027, J-87-1028) [Approving in principle. UDAG Applications] Descriptive language has been added in footnote form to the body of these five resolutions to mirror the language already set forth in the titles. Agenda Item #944 (J-87-1041) [Discussion of Stormwater Management] In the event you approve the user -fee concept and wish to expedite implementation of the City's Program, we have prepared the attached resolution for substitution in your Packet. As distributed, the resolution lid not allocate funding for the consultant's contract; the attached resolution allocates an amount not to exceed $50,000 from the 1984 Storm Sewer General Obligation Bond Funds, Project No. 352250 Citywide Storm Drainage Master Plan. LAD:RFC:bss:M463 cc: Cesar H. Odic, City Manager Natty Hirai, City Clerk Ron E. Williams, Director, General Services Administration Department Att: Albert Armada, Property and Lease Manager Frank Castenada, Director, Department of Community Development Edith Fuentes, Director, Department of Building and Zoning Donald W. Cather, Direotor, Department of Public Works N : -1019 01. CITY OF MIAM1. FLORIDA 16 TO. Honorable Mayor and Members of the City Commissio FROM: Cesar H. Odi City Manager RECOMMENDATION: INTER -OFFICE MEMORANDUM DATE: NOV • , 41987 FILE: SUBJECT: Resolution Authorizing an Amendment to the Coconut Grove Bank's Lease REFERENCES: Agreement ENCLOSURES: _ It is respectfully recommended that the city Commission adopt the _ attached resolution authorizing an amendment to the November 1, 1984 lease agreement between the City of Miami and the Coconut Grove Bank, thereby exercising the renewal option presently contained in the existing lease. BACKGROUND: The General Services Administration Department analyzed the continuing need for space for Labor Relations and it was mutually agreed that this would best be achieved by extending the lease for use of 2,383 square feet of space on the 4th floor of the Coconut Grove Bank building, located at 2701 South Bayshore Drive. Said lease contains an option clause allowing the lease term to be extended for an additional two years provided that the annual rent will be renegotiated. The proposed amendment would allow two consecutive extensions to the lease term, up to and including October 31, 1969, and tnese extensions would have corresponding rental increases. Funds for the new rental amounts of $52,425 and $54,809 respectively will be allocated from Labor Relations' departmental budget. - This amendment in effect eliminates a requirement forcing the City to pay the Bank an extra $9,500 for renovations done in - 1984,.if the renewal option were not exercised. Attached: Proposed Resolution Proposed Amendment