Loading...
HomeMy WebLinkAboutR-86-0772J-86-819 RESOLUTION NO. 72f A RESOLUTION AUTHORIZING THE ASSIGNMENT OF THE AGREEMENT DATED SEPTEMBER 25, 1979, BETWEEN THE CITY OF MIAMI AND JERRY'S, INC., (ASSIGNOR), TO TERREMARR AT DINNER KEY, INC., (ASSIGNEE), PURSUANT TO SECTION 31 OF THE REFERENCED AGREEMENT, SUBJECT TO THE CITY REACHING A SATISFACTORY RESOLUTION WITH JERRY'S INC., REGARDING ANY OUTSTANDING AMOUNTS DUE THE CITY FOR ANY AND ALL PERIODS ENDING PRIOR TO AND INCLUDING SEPTEMBER 30, 1986� AND SUBJECT TO THE SIMULTANEOUS SUBMITTAL BY THE ASSIGNEE OF A SEPARATE LETTER AGREEMENT FROM ASSIGNEE, IN WHICH ASSIGNEE ACKNOWLEDGES THAT THE COCONUT = GROVE EXHIBITION CENTER WILL BE EXPANDED AND THAT CERTAIN ACTIVITIES OCCURRING DUE TO THE EXPANSION SHALL BE INCONVENIENT TO THE ASSIGNEE, HENCE ASSIGNEE SPECIFICALLY WILL. NOT MAKE ANY CLAIMS FOR DAMAGES DUE TO BUSINESS INTERRUPTIONS, LOSS OF PROFIT, DISRUPTION OF QUIET ENJOYMENT, OR REIMBURSEMENT IN ANY MANNER DUE TO ANY DISRUPTION OF BUSINESS BY REASON OF RENOVATIONS, ALTERATIONS, OR EXPANSION - CONDUCTED BY THE CITY AT THE SITE OF THE COCONUT GROVE EXHIBITION CENTER; FURTHER PROVIDED THAT, IN THE EVENT THE EXPANSION AND/OR RENOVATIONS OF SAID CENTER RESULTS IN THE CESSATION OF ASSIGNEE'S OPERATIONS, THE ASSIGNEE SHALL NOT BE REQUIRED TO MAKE PAYMENTS HEREUNDER DURING THE PERIOD OF SUCH CESSATION; FURTHER AUTHORIZING AN AMENDMENT TO DELETE SECTION 32 OF THE REFERENCED AGREEMENT IN ITS ENTIRETY; FURTHER AUTHORIZING AN AMENDMENT TO SECTION 1 OF _ THE REFERENCED AGREEMENT TO EXPIRE ON SEPTEMBER 30, 2004, AND FOR TERREMARR AT DINNER KEY, INC., TO SPEND IN EXCESS OF, AND IN NO CASE LESS THAN $750,000 ON IMPROVEMENTS TO THE PREMISES AS DESCRIBED IN EXHIBITS "A", "B" AND "C", AFTER OCTOBER 1, 1986 AND BEFORE SEPTEMBER 30, 2004; FURTHER AUTHORIZING AN AMENDMENT TO SECTION 26 OF THE REFERENCED AGREEMENT REQUIRING THE CITY TO MAINTAIN FIRE AND EXTENDED COVERAGE INSURANCE ON THE COCONUT GROVE EXHIBITION CENTER AND GRANTING CONCESSIONAIRE THE RIGHT TO REPAIR AND RESTORE THE PREMISES IN THE EVENT OF FIRE OR OTHER CASUALTY UNDER CERTAIN CONDITIONS; FURTHER AUTHORIZING AN AMENDMENT TO SECTION 34 OF THE REFERENCED AGREEMENT PROVIDING FOR A GRACE PERIOD WITHIN WHICH TO CURE OR COMMENCE CURING ANY NON-COMPLIANCE; FURTHER AUTHORIZING AN AMENDMENT TO SECTION 5 OF THE REFERENCED AGREEMENT PROVIDING FOR THE NON -DUPLICATION OF THE MINIMUM GUARANTEED MONTHLY AMOUNT IN RESPECT TO PERCENTAGE RENT DUE FROM CONCESSION STAND AND RESTAURANT GROSS °t SALES. .WHEREAS, on September 25, 1979, an Agreement between the City of Miami and Jerry`s Inc., was executed for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center; and WHEREAS, the CITY consents to this Assignment from Jerry•s, z, Inc., ("Assignor") to Terremark at Dinner Rey, Inc., ("Assignee"), subject to the City reaching a satisfactory resolution with Jerry's, Inc., regarding any outstanding amounts due the City for any and all periods ending prior to and including September 30, 1986; and WHEREAS, the CITY consents to this Assignment from Jerry's, Inc., ("Assignor") to Terremark at Dinner Rey, Inc., ("Assignee"), subject to the submittal of a separate letter agreement from Assignee, in which Assignee acknowledges that the Coconut Grove Exhibition Center will be expanded and that certain activities occurring due to the expansion shall be inconvenient to the Assignee, hence Assignee specifically will not make any claims or damages due to business interruptions, loss of profits, disruption of quiet enjoyment, or reimbursement in any manner due to any disruption of business by reason of renovations, alterations, modifications, or expansion conducted by the City at the site of the Coconut Grove Exhibition Center; further provided f that, in the event the expansion and/or renovations of said center results in the cessation of Assignee's operations, the Assignee shall not be required to make payments hereunder during the periods of such cessation; and WHEREAS, the referenced Agreement on Section 31, Extension, Assignment or Transfer of Stock, requires the approval of the City Commission for the assignment of the Concessionaire`s interest, or any part thereof; and WHEREAS, Jerry's Inc., and Terremark at Dinner Key, Inc., have mutually agreed and requested a consent to the assignment�of the Agreement dated September 25, 1979; and G�. WHEREAS, the referenced Agreement on Section 32, Termination by City, reserves the right and privilege to termina+ce the Agreement at any time, subject to reimbursement to the Concessionaire of any unamortized capital investment mad(_ by the Concessionaire; and WHEREAS, Terremark at Dinner Key, Inc. has requested an Amendment to the Agreement dated September 25, 1979, Section 32, Termination by City, whereby Section 32 would be deleted in its entirety; and WHEREAS, the referenced Agreement on Section 1, Location of Concession, Terms and Use, Subsection "a" contains three five- year period extension options, terminating respectively on = September 30, 1994, 1999 and 2004; and WHEREAS, Terremark at Dinner Key, Inc., has requested. an Amendment to the Agreement dated September 25, 1979, Section 1, Location of Concession, Term and Use, Subsection "a", whereby the City agrees to extend the term of the Agreement to expire on September 30, 2004, and Terremark at Dinner Key, Inc., would expend in excess of, and in no case less than $750,000, on improvements to the premises as described in Exhibits "A", "B's and "C" after October 1, 1986 and before September 30, 2004; and. WHEREAS, the referenced Agreement, on Section 26, Damage or a� Destruction of Building, requires the City to diligently repair and restore any damage to the Coconut Grove Exhibition Center, and further grants the City Manager the right to _terminate the Agreement upon 60 days notice. to Concessionaire, should, in the opinion of the City Manager, the cost of repair or restoration be so substantial as to render the same economically infeasible; and WHEREAS, Terremark at Dinner Key, Inc., has requested an Amendment to the Agreement dated September 25, 1979, Section 26„ Damage or Destruction of Building,.whereby the City would be ,,..., required to carry- fire and extended coverage insurance for the full replacement cost of the Coconut Grove Exhibition Center and further restricting the City's right to cancel the Agreement should Concessionaire agree, during the sixty (60) day notification period, to pay the balance required for the repair and restoration of the Coconut Grove Exhibition Center, (in excess of the City's insurance proceeds), which sum shall be offset against future rents due the City under the Agreement; and WHEREAS, the referenced Agreement on Section 34,_ Revocation of Concession Privilege, grants the City the right to cancel the Agreemen for Concessionaire's failure to comply with any of the terms of the Agreement, but fails to provide for any grace period during which, after notice of non-compliance from the City, Concessionaire may cure said non-compliance; and WHEREAS, Terremark at Dinner Key, Inc., has requested an Amendment to the Agreement dated September 25, 1979, Section 34, Revocation of Concession Privilege, whereby Concessionaire shall have thirty (30) days after written notice from the City within which to cure or commence curing any non-compliance; and WHEREAS, the referenced Agreement, on Section 51 R Consideration provides for a credit of the minimum guaranteed monthly amount in respect of Concession Stand Gross Sales under (b)(1) and in respect of Restaurant Gross Sales under (b)(2); and WHEREAS, Terremark at Dinner Key, Inc., has requested an Amendment to the Agreement dated September 25, 1979, whereby the sum total of credits for the minimum guaranteed monthly amount shall not exceed, in the aggregate, the sum of Four Thousand Five Hundred Seventy-five Dollars ($4,575) per month in respect of percentage rent due under (b)(1) and (b)(2). NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Pursuant to Section 31, Extension, Assignment or Transfer of Stock of the Agreement dated September 25, 1979, approval is hereby granted for the assignment of Jerry`s Inc.•s interest in the referenced Agreement dated Septr���er 25, 1979 to. Terremark at Dinner Key, Inc. 4 Ira Section 2. The City Manager is hereby authorized to execute a Consent to Assignment in a form acceptable to the City s_ Attorney, subject to: (a) the City reaching a satisfactory resolution with Jerry's Inc. regarding any outstanding amounts due the City for any and all periods ending prior to and including September 30, 1986; (b) the simultaneous submittal by the Assignee of a separate letter agreement from Assignee, in which Assignee acknowledges that the Coconut Grove Exhibition Center will be expanded and that certain activities occurring due to the expansion shall be inconvenient to the Assignee, hence Assignee specifically will not make any claims or damages due to business interruptions, =' loss of profits, disruption of quiet enjoyment, or reimbursement in any manner due to any disruption of business by reason of renovations, alterations, modifications, or expansion conducted by the City at the site of the Coconut Grove Exhibition Center. (c) the provision that in the event the expansion and/or renovations of said center results in the cessation of Assignee's operations, the Assignee shall not be required to make any payments hereunder during the period of such cessation. Section 3. The clause in Section 321 Termination by City, of the Agreement dated September 25, 1979, between the City of Miami and Jerry's, Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center, reserving the right and privilege of the City to terminate the referenced Agreement, is hereby deleted in its entirety. Section 4. The clause in Section 1, Location of Concession, Term and Use, Subsection "a",of the Agreement dated September 25, 1979, between the City of Miami and Jerry's Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center„ is hereby deleted and the following language is inserted in its place as follows: This Agreement shall commence on October 1 19 9 aid shall end on Se tem er 30F 2004. The Concess onaire agrees to expend n excess 5 of $750 000 and in no case less than 750 000 on m rovements to said remises etween October 1, 1906 and September 30, 2004. Section 5. The clause in Section 26, Damage or Destruction of Building, of, the Agreement dated September 25, 1979, between the City of Miami and Jerry's Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center, is hereby amended to read as follows (new language is underlined): The Cit shallg, at its own cost and expense, carry f re and extended coverage insurance for the full re lacement cost of the Coconut Grove Exhibition Center. In the event the Coconut Grove Exhibition Center, or any portion thereof, is damaged or destroyed by fire or other casualty, said damage or destruction shall be repaired and restored by the CITY, with due diligence, subject to the right of the CITY, if the cost of repair and restoration is so substantial as to make such repair or restoration economically infeasible in the opinion of the City Manager, to terminate this Agreement upon sixty (60) days' notice with a statement of the amount of such insurance proceeds and the amount of the deficit. Notwithstanding the foregoing, if within sixty (60) day notification period Concessionaire agrees to pay the balance required for the repair and restoration of the Coconut Grove Exhibition Center (in excess of the City s insurance proceeds), which sum shall be offset against future rents due the City under the Agreement, then the City shall have no further right to 4 cancel this Agreement. Section 6. The clause in Section 34, Revocation of Concession Privilege, of the Agreement dated September 25, 1979, between the City of Miami and Jerry's, Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center, is hereby amended by adding the following paragraph, as follows: Notwithstanding anything herein to the contrary, Concessionaire shall have thirty (30 ) des after written notice from the City to cure any non-compliance, or if the nature of the non-compliance is such that it cannot reasonably be cured w _t-h n said thirty ( 30) �a s Concessionaire shall commence such cure within said thirty (30) days and diligently 6 roceed _ to cure said non--com2liancet and if it does sor such non-com fiance shah not constitute grounds for cancellation of th s Agreement. Section 7. Section 5, Consideration, of the Agreement dated September 25, 1979, between the City of Miami and Jerry's, Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center, is hereby deleted and the following language is inserted in its place as follows: The Concessionaire agrees to pay the City by the 20th day of each month for the 2receding month as consideration for the jerivilege of o erat n tha.s Restaurant and Concession the following: A minimum monthly rent guarantee of four thousand five hundred seventy-five dollars ($4,575), or 5% of all gross revenues from restaurant sales (less State Sales Tax), and 20$ of the first ; concession stand sales Tax), 25% of the next 3,333.33 of gross (less State Sales $41,166.66 of gross concession stand sales (less State Sales Tax), and 30% of any gross concession stand sales (less State Sales Tax) above 12,499.99, whichever is greater. Section 8. The City Manager is hereby authorized to execute Amendment Number One to the Agreement dated September 25, 1979, in a form acceptable to the City Attorney. PASSED AND ADOPTED this 2 RJ b day of _ C• rt.,E,pr , _1486. ATTES KATTY HIRAI, CITY CLERK PREPARED AND APPROVED BY: 2 �-&_ a: ROBERT P.-CLERK CHIEF DEPUTY CITY ATTORNEY APPROVE AS O FORA AND CORREC E S iUIt. DOUGHERTY CXPY ATT0RNEY 7 TO: Honorable Mayor and Members of the City Commission FROM: Cesar H. odio City Manager 0 CITY of MIAMI. rWRIDA INTER-Ol MCK MKMORAt+101. M 10 DATx: S R 1986 FILM suDJtCT: Assignment of Jerry's Inc. to Terremark of Dinner Rey, Inc. REFIER[NCES: 1INCLOSUR6d: A resolution authorizing the assignment of the agreement dated September 25, 1979, between the City of Miami and Jerry's# Inc., (Assignor), to Terremark at Dinner Key, Inc., (Assignee) , pursuant to -Section 31 of the referenced agreement, sub ecttoto the simultaneous submittal by the Assignee of a separate letter agreement from the Assignee, in which Assignee acknowledges that the Coconut Grove Exhibition Center will be expanded and that certain activities ..occurring due to the expansion shall be inconvenient to the Assignee, hence Assignee specifically will not make any claims for damages due to business interruptions, loss of profits, disruption of quiet enjoyment, i or re mbursement in any manner due to any �dieruption of business by reasons of renovations, alterations, modifications, or avinnnai nn _ nnnArin1-aA by mho r; #-v A+- o-h.% ei 4.s 7 n Honorable Mayor and Members of the City Commission Page 2 Assignment of Jerky's Inc., to Terremark in Exhibits "A" , "B" and "C" , after October • 11 1986 and before September 30, 2004; further authorizing an amendment to Section 26 of the referenced agreement requiiP ng t e Uty to maintain fire and extended coverage insurance on the Coconut ,Grove Exhibition Center and granting concessi•.onaire the right to repair and restore the Premises in the event of fire or other casualty under certain conditions; further authorizing an amendment to Section 34 of the referenced agreement prov dung or a grace period within which to cure or commence curing any noncompliance; and further authorizing an amendment to Section 5 of the referenced agreement provia nag for the non -duplication of the minimum guaranteed monthly amount in respect of percentage• rent due from concession stand and restaurant gross sales. On.September 25, 1979, the City entered into an agreement with Jarry's, Inc., for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center. Jerky's, Inc. and Terremark at Dinner Key, Inc., have mutually agreed and requested that Jerky's Inc.'s rights and obligations under said agreement be assigned to Terremark, pursuant to Section 31, Extension, Assignment or Transfer of Stock of the agreement. Additionally, Terremark is requesting that five (5) sections of the agreement be amended. First, Section'l shall be amended to provide for an extension of the term to expire on September 30, 2004. Terremark will agree to spend no less than.$750,000 on improvements to the premises after O;stober 1, 1986 and before September 30, 2004. Second, Section 32 will be deleted in its entirety. This section presently provides for the City's absolute right to terminate the agreement, with or without cause. Third, Section 26 will be amended to require the City to carry fire and ext- ecoverage insurance for the full replacement cost of the Coconut Grove Exhibition Center. Further, should Concessionaire agree, during the City's sixty (60) day notification period, to pay for the balance required for the repair and restoration of the Coconut Grove Exhibition Center, (in excess of the City's insurance proceeds), which sum shall be offset against future rents due the City under the agreement, then the City shall have no right to cancel the agreement. a Sonorable Mayor and Members of the City Commission Fag e Assignment of Jetty's Inc., to Terremark Fourth, Section 34 shall be amended by providing Concessionaire a thirty (30) ay grace period within which to cure or commence curing noncompliance with any of the terms of the agreement. Finally, Section 5 shall be amended by adding subsection (c) which sha_1ovyide for the non -duplication of the minimum guaranteed monthly amount credit in respect of the percentage rent due under subsection (b) (1) and (b)•(2). it is recommended that the City Manager be authorized to execute a Consent to Assignment between the City of Miami and Jetty's,, Inc., for the benefit of and at the request of both Jetty's, Inc., (Assignor), and Terremark at Dinner Rey, Inc., (Assignee), subject to the City reaching a satisfactory resolution with Jetty's, Inc., regarding any outstanding amounts due the City for any all periods ending prior to and including September 300 1956; and subject to the simultaneous submittal by the Assignee of a separate letter agreement from the Assignee, in which Assignee acknowledges -that the Coconut Grove Exhibition Center will be expanded and that certain activities occurring due to the expansion shall be inconvenient to the Assignee, hence Assignee specifically will not make any claims for damages due to business interruptions, loss of profits, disruption of quiet enjoyment, or reimbursement in any manner d*ue to any disruption of business by reasons of renovations, alterations, modifications, or expansion, conducted by the City at the Site of the Coconut Grove Exhibition Center; further provided that, in the event the expansion and/or renovations of said center results in the cessation of Assignee's operations, the Assignee. shall-. not be_. .required - to make any payments hereunder during the period of such cessation; and further that an the Amendment be executed to the agreement dated September 25, 1979, 12 CONSENT TO ASSIGNMENT U The City of Mumma a municipal corporation of the State of Florida (the "City") does hereby execute this Consent to Assignment for the benefit of and at the request of both Jerry's, Inc., a Florida corporation ("Assignor") and Terremark at Danner Rey, Inc., a Florida corporation ("Assignee"). The City does hereby consent to the assignment of Concessionaire's interest under that certain agreement dated September 25, 1979 for a term commencing October 10, 1979 and terminating September 30, 1989, plus three additional and individual (separate) five-year extension periods terminating respectively on September 30, 1994, 1999, and 2004, pertaining to property described in Exhibits "A", "B", and "C" attached hereto and made a part hereof, between Assignor, as Concessionaire, and the City, (the "Agreement"), to Terremark at Dinner Rey, Inc., a Florida corporation. The Assignee may further make a collateral pledge, mortgage or assignment of Concessionaire's interest under the Agreement to secure a bonafide debt, creating a first lien on the Concessionaire's interest under the Agreement. The City does hereby confirm and advise the Assignee that: .1) Assignor is in good standing under the agreement except for certain rent amounts due the City for any and all periods ending.prior to and including September 30, 1986, in a sum not to exceed one -hundred and ten thousand dollars ($110,000); 2) The City will audit the restaurant and concession stand operations, pursuant to the terms of the Agreement for the period from October 1, 1984 through September 30, 1986, within fifteen (15) days from the date hereof, to determine monies due to the City for the period and to invoice Jerry's ("Assignor"); 3) The Agreement represents the entire agreement between City and Assignor; 4) The City agrees that Assignee shall become the r: "Concessionaire" under the Agreement, from and after assignment by Assignor to Assignee; 5) The City's consent is conditioned upon the followings { a) A valid assignment of the Agreement between Jerry's, Inc., ("Assignor") and Terremark at Dinner Key, Inc., 1 01 0 ("Assignee")# whereby the former assigns and transfers its rights and obligations under the Agreement, dated September 25, 1979 to the latter who accepts the rights and obligations assigned and transferred, a copy of which will be provided to the City Manager within fifteen (15) days of the execution hereof. b) The City reaching a satisfactory resolution 'with Jerry's, Inc., regarding any outstanding amounts due the City for any and all periods ending prior to and including September 30, 1986. c) Simultaneous submittal by Terremark at Dinner Key, Inc., ("Assignee"), of a separate letter agreement from Assignee in which the Assignee acknowledges that the Coconut Grove Exhibition Center will be expanded and that certain activities occurring due to the expansion shall be inconvenient to the Assignee, hence Assignee specifically will not make any claims for damages due to business interruptions, loss of profits, disruption of quiet enjoyment, or reimbursement in any manner due to any disruption of business b f alterations, modifications, or expan at the Site of the Coconut Grove provided that, in the event the exp said center results in the cessatio the Assignee shall not be required during the period of such cessation. d) Execution of AMENDMENT Dinner Key, Inc., ("Assignee") and attached hereto and made a part hereo This consent to Assignment is become the Concessionaire under the the purposes of the Agreement. Signed this day of ATTEST: CI Mu B City Clerk APPROVED AS TO FORS! AND CORRECTNESS: LUCIA A. DOUGHERTY City Attorney 2 y reasons o renovations, Agreement Y� sion, conducted by the City Exhibition - Center; -further lF ansion and/or renovations of n of Assignee's operations, to make payments hereunder NUMBER ONE by Terremark at the City of Miami, which is f as Exhibit given to induce Assignee to in order to further 1986. TY OF MIAMI, FLORIDA, a nicipal Corporation City Manager Jerry"n, Inc.,, a Florida corporation, dons hereby request the within Consent to Assignment and agrees to comply with the conditions of this Consent to Assignment, Signed, sealed and delivered in our presence JERRYfS1 INC., a Florida corporation By: Gerald Pendergast, Preslre'nt STATE OF FLORIDA )TO Wit: COUNTY OF DADE I hereby certify that on the day of 1986, before the Subscriber, a Notary Public in and for the above Jurisdiction, Cesar H. Odio, City Manager of THE CITY OF MIAMI, FLORIDA# a municipal corporation, hereto personally appeared before me in said jurisdiction, the said Cesar H. Odio,, being personally well known to me as (or proved by the oath of credible witnesses to be) the person who executed the foregoing consent to Assignment dated 1986. Given under my hand and seal this day of 1986. Kv Commission Expires: STATE OF FLORIDA )TO Wit: COUNTY OF DADE I hereby certify that on the day of 1986, before the*Subscriberg, a Nota-ryftblic in and for the aSove jurisdiction, Gerald Pendergastp President of Jerryfs,, Inc., -:a Florida corporation, hereto personally appeared before me in said jurisdiction, the said Gerald Pendergast,, being personally well • known to me as (or proved by the oath of credible witnesses to be) the person who executed the foregoing Consent to Assignment dated 1986. GIVEN under my hand and seal this day of 1986. My Commission Expirest AMENDMENT NUMBER ONE THIS AMENDMENT, entered into this day of 01 19—, by and between the City of Miami., a municipal corporation of the State of Florida, (hereinafter referred to as "CITY"), and Terremark at Dinner Key, Inc., a Florida for profit corporation, (hereinafter referred to as "CONCESSIONAIRE"), amending the existing restaurant and concession agreement between CITY and Jerry's Inc., dated September 251 1979. IN CONSIDERATION of the mutual covenants and agreements hereinafter set forth,. and for and in consideration of other valuable consideration, the parties hereto covenant and agree as follows: 1. That Section 32, Termination by City, shall be deleted t in its entirety. _..2. 'That Section 1, Location of Concession. Term & Use, Subsection (a) shall be deleted and the following language is inserted in its place, as follows: This agreement shall commence on October 1, 1979, and shall end on September 30, 2004. The CONCESSIONAIRE agrees to expend in excess of $750,000, and in no case less than $750,000, on improvements to said premises after October 1, 1986 and before September 30, 2004. 3. That Section 26, Damage or Destruction of Building, shall be amended as follows (new language is underlined): The City shall, at its own cost and expense,, carte fire and extended coverage insurance for the full re lacement cost of the Coconut Grove Exhibition Center. In the event the Coconut Grove Exhibition Center, or any portion thereof, -is damaged or z .destroyed by fire or other casualty, said damage or destruction shall be repaired and restored by the CITY with due 'diligence, subject to the right of the CITY, if thk. cost of repair and restoration is so substantial as to make such repair or restoration economically unfeasible in the opinion of the City Manager, to terminate this Agreement upon sixty (60) days' notice with a statement of the amount of such insurance proceeds and the amount of the deficit. Notwithstanding the foregoing, it within the sixty► (60) day notification period Concessionaire gees to pay the balance required for the repair and restoration of the Coconut Grove Exhibition Center (in excess of the City -Ls insurance proceeds), which sum shall be offset against future rents due the City under the Agreement, then the City shall have no further right to cancel this Agreement. 4 That Section 34, Revocation of Concession Privilege, shall be amended by adding the following paragraph, as follows: Notwithstanding anything herein to the contrary, Concessionaire shall have thirty (3) days after written notice from the City to cure any non- compliance, or if the nature of the non-compliance is such that it cannot reasonably be cured within said thirty (3) days, Concessionaire shall commence such cure within said thirty (3) days and diligently proceed to cure said non-compliance, and If it does so, such non-compliance shall not constitute grounds for cancellation of this Agreement. M 5. That Section 5, Consideration, shall be deleted and the following language is inserted in its place, as follows (new language is underlined): The Concessionaire agrees to pay the City by the 20th daX of each month for the 2receding month, as consideration for the privilege of o2eratin2 this Restaurant and Concession the following: A minimum monthly rent guarantee of four thousand five hundred seventy-five dollars ($4,575), or 5% of all gross revenues from restaurant sales (less State Sales Tax), and 20% of the first $8,333.33 of gross concession stand sales (less State Sales Tax), 25% of the next $4,166.56 of gross concession stand sales (less State Sales Tax), and 30% of any gross concession stand sales (less State Sales Tax) above $12,499.99, whichever is greater. rA It is further understood that all the terms and conditions under the original agreement shall modification except as herein stated. -emain in full force without ti F 1A IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by the respective officials thereunto J duly authorized this the day and year first above written. ATTEST: Natty H ra , City Clerk WITNESSES: APPROVED AS TO FORK AND CORRECTNESS: Lucia A. Dougherty City Attorney 4. V F a.... f •a 1'J. 71 L 7 •' CO.;SIji RATI0-, rIC#0aD • MOSS 7, P, 9 Ir.S A.:? -. A BAiE DISPOSAL 9 ii'tA:�Fa+n.L A::D 'MiSO.JAL FROPERTY TAXES 10 A:i s.l omF • �� •! Pf11'i:E:� i D. e. , 1.. • :v CUSTODIAL SLRVICE :Cz AND 10 „+ lti, sU"r:LtC C0.38iRUC+IG.i ..Jh:,_Y bOiiD 12 i%• FER`r OI,: :iC:. uOi:J ld. :Lu 43a. LICE,iSLS 12 w % • .iCl�n.iC:. F' gLL oFERAis I0l/ 12 ri ,,' ,1• 12 4 3a. Lil%UOR LIC"MiiSES IT 13 20. ��..� .MIS 21. RlfRu 10•IaSP£C:IO-: OF PREMISES 13 22. I:!PROPEa USE A::D . SCSPE►ISIOY 1 23. STt�R1'.Ga OF D.'I�JCEROUS SUBSTANCES 14 24. hOLD hAR:'LLSS 25. I.iSUitAJCE 15 26. DAiP.A,E OR DESTRUCTIOa. OF BUILDINQ 17 27. 4XCLUSI V1TY 17 28. C04CE.SSIOii PRIVILEGE 17 29. CO -PA as;::RS::IP • �. DEPIAITIOJ OF CONCESSIONAIRE 30 1\ { S. .>�3.svil�+fnv+ r".�liiat ueir.ttnS'a'sav isuvhLi.SutuYh4:.R°=a^c"S:�a+m• ..�.w_ot1.1i.'sraciTa — —. — RA CONCESSION -AGREEMENT TABLE OF CONTENTS f continued, page 2 PACE ASSIGNMENT, OR TRANSFER OF STOCK 18 31. EX'TENSION, 19 32. TERMINATION BY CITY 33• SURRENDER -OF ALCOHOLIC BEVERAGE LICENSES 19 34. REVOCATIOU OF CONCESSION PRIVILEGE 14 35• NON DISCRIMINATION Y 2.0 36. ATTORNEYS FEE i 20 379 CAPTIONS : 386 NOTICES 20 ;r 390 ENTIRE AGREEME NT 20` i. tag r� 3 a'^Y."f•'f•'I.4t++nf,^!'dFT•^A.►YI'^�{N Yy r t 4 Y+` Li 3'ti 9yi .t l na. lj 9 ... .. l.' q y +4+ �• 4 cry. �{� t" � "' - F _ • AOREEMENT � WSW THIS AGREEMENT, made and entered into this QP day of e , 19790 by and between the CITY or MIAMI, a municipal corporation of the State of Florida, hereinafter referred to as the "CITY", and JERRY'S, INC., a Florida corporation, hereinafter referred to as the "CONCESSIONAIRE". WITNESSETH: WHEREAS the CITY OF MIAMI has advertised for and received proposals for the operation of the restaurant and concession stands at the Coconut Grove Exhibition Center, and I' WHEREAS, it has been determined that JERRY'S, 111C. has offered the bid which is the most advantageous to the CITY of those submitted; and WHEREAS, JERRY'S, INC. is extremely well-queYified , to operate a clean and healthful restaurant and concession operation for the pleasure and convenience of patrons of the Coconut Grove Exhibition Center; and UIZREAS, JERRY!S, INC. has offered to equip the restaurant and concession stands, sere'quelity food prepared. in a tasty canner, and provide a colorful and attractive decor; and ' r WHEREAS, JERRY'S, INC. has agreed to provide ample, trained, and uniformed personnel to staff the restaurant and concessionstand operations efficiently; NOW, TKEREP'ORE, in consideration of the promises and the mutual covenants and herein contained, it is agreed by the parties hereto as follows: 1. LOCATION OF'CONCESSIONI,TERM,AND USE The CITY hereby grants to the CONCESSIONAII , and the CONCESSIONAIRE hereby accepts from the CITY, exclusive agreement to operate the following described restaurant and x concession stands in*Coconut Grove Exhibition Center, in. conformance with the purpose and for the period stated herein and subject to all the terms and conditions herein contained and fairly implied by the terms hereinafter set forth. a. THIS AGRE04ENT SHALL COMMENCE ON THE Ist day of October,A•D•s 19799 and shall end on the 30th day cf September,A.D., 1989. This privilege may be renegotiated for three additional and individual (separate) five-year periods upon request of the CONCESSIONAIRE submitted In writing at least six months prior to each terminaticn date. Failure to reach mutually agreeable terms for any renegotiation shall serve to terminate this Agreement without penalty to either party: b. The CITY hereby provides to the CONCESSIONAIRE , Y the following facilities and spacer Restaura:t and concession stand space in Coconut Grove Exhibition Center as depicted on Exhibits A and 8 hereto, and parking area as depicted on.Exhibit C hereto. c. The CONCESSIONAIRE.is.•hereby authorized to conduct the Poll6wing kinds of business and to providethe following kinds of services: Sale of food and beverages (including*alcoholic beverages) in the Restaurant, and sale of food and beverages (excluding alcoholic beverages except beer and nine).in the con- cession stands. upon separate written request from the CONCESSIONAIRE to the City Manner in each instance, however, sale of all aluoholia� beverages, for consumption on -promises in the exhibition hall areas, may be authorized by the w.. 17. r - h,, City Manager for special events when, in the sole and exclusive judgment of the City Manager or City Commission, such tales are warranted. All Food.and beverages sold under the terms of this Agreement will be sold only for consumption on the premises. This busi- ness will be conducted in compliance with terms of this Agreement. 2. INDIVISIBLE OPERATION It is the intent of the CITY that this shall be one inseparable Agreement for the operation by the COhCESSIOJVAIRE .of both the Restaurant and Concession Stands at Coconut Grove Exhibition Center and that the CONCESSIONAIRE shall not have the privilege of making a decision to operate the Restaurant but not the Concession Stands, or vice -versa. If the CONCESSIONAIRE.:;,:` dtermines that he would like to discontinue operation of either the Restaurant or Concession Stands and continue operating only ore of these entities, he may only do so after receiving the specific written approval of the City Manager. If the City. F Manager disapproves of such a proposal then the CONCESSIONAIRE r .shall either continue operating both activities or this llgreement� y shall be terminated and the penalties"Tor aeon -performance shall- n be assessed against the CONCESSIONAIRE. •3. FACILITIES AND SPACE.PRQVIDED The CITY agrees to Furnish to the CONCESSIONAIRE the previously identified physical facilities and space. The CITY has provided basic air-conditioning with stubbed -oast ducts, completed toilets, kitchen -freight elevator and dumbwaiters, passenger elevator for'exclusive restaurant use, kitchen area with stubbed -out utilities, finished interior facade, indoor restaurant dining area (unfinished), and exterior patio•recUuta,nt dining area (unfinished). Prior to commencement of any modlfi� cations to the raciliti a and apace provided to the CONCESSIONAIRE by the CITYp the CONCESSIONAIRE shall provide train detalled, plans and specifications to the City Manager for review and approval,. Said plans and specifications must be submitted within sixty (60) days following contract award. All Improvementa, furnishings, fixtures, and equipment shall be provided at the sole cost of the CONCESSIONAIRE and shall became the property of the CITY upon termination of this Agreement and its option periods. CONCESSIONAIRE'S; Initial. investment requirement for improvements, furnishings, fixtures, and equipment was estimated by him in his bid proposal to be $426,000. CONCESSIONAIRE may spend more than that amount as an initial investment but hereby agrees to spend no less than ten percent (10%) beneath that amount (or, not less than $383;400). The CONCESSIONAIRE shall keep accurate and complete records of his expenditures for improvements, furnishings, fixtures; and equipment and shall make then available to the City Manager or his appropriate representative upon•request. If this Agreement is terminated as a result of inability of the parties to successfully negotiate an option tern, and for no other reason, then the City will reimburse the CONCESSIONAIRE within one hundred and twenty (120) days for any remaining unamortized capital Investment. Any additional ex— penditures on improvements, furnishings, fixtures, and equipment made by the CONCESSIONAIRE during the term of this Agreement or -its option terns shall be made with CONCESSIONAIRES full knowledge that these improvements, furnishings, Fixtures, and equipment will become the property of the CITY unless, by -written approval of the CITY, arrangements are made whereby the CITY agrees to reimburse the CON- CESSIONAIRE for any remaining unamortized capital Investment he may have at the Final termination of the Agreement and Its option terms, No reimbursements will be made if termination of this Agreement is caused by failure -to comply with any of the terms herein. For purposes of this Agreement, the furnishings, lease.. hold improvements, and equipment shall be depreciated on a straight&& line method over a ten-year period from the initial clay of CONCEE- SIONAiRE'S operations or the date of its installation, whichever ire y. DESIGN/OPERATIONAL APPROVAL The CONCESSIONAIRE must obtain written approval from the City Manager for all of the following: a. Hours of daily operation b. Meru and price charges C. Decor, signage, and graphics changes from originally approved specifications. 5. CONSIDERATION The CONCESSIONAIRE agrees to pay the CITY, as consideration for the privilege of operating this Restaurant , and Concession the following: a. Minimum Guarantee Payment: Starting on the commencement date of this agreement, as set forth in paragraph la above, the CONCESSIONAIRE shall pay to thq PTVA CITY, a minimum:;guaranteed' oathly oust of ' qr Two Thousand Five Hundred Dollars f: until the restaurant becomes operational. lit• SUCK. time.ty .,� fit.: •'.x:r'?T'4`�:r"i4=. as '.theeetiurant: becoMea '1,9perat1b1*1'i1he CONCESSIONAIRE shall.pay to the CITY a minimum. -guaranteed monthly amount of Four Thousand,Five Hundred Seventy -Five Dollars (`��1a,7t5):' The said monthly minimum guaranteed amount shall be paid to the CITY by the 20th day of each month for the preceding month. b. Percentage Payment:' (1) ,COnCessiop Stand Percentage Payment: At the end of each year of this Agree ment, calculation shall be made Immedlatsly of the CORCESSIONAIRE•S annual gross A 4 concession stand sales (less State - sales tans) for the preceding Agreement year. If CONCESSIONAIRE'S annual grow concession stand sales (less State sales tax) are One Hundred Thousand Dollars ($100,000) or less, then the CONCESSIONAIRE shall subtract the annual minimum guaranteed amount of Fifty -tour Thousand Nine Hundred Dollars ($540900) paid to the CITY from Twenty percent (20%) of his annual gross concession stand revenues (less Stake sales tax) and•pay the difference, if any, to the CITY no later than October 20 of that year. If CONCESSIONAIRE'S annual gross concession stand sales (less State sales tax) are between,One.:Hundred Thousand , Dollars ($1008000) and One Hundred Fifty Thousand Dollars ($150,000) then the CONCESSIONAIRE shall subtract the annual minimum guaranteed payment amount of Fifty. Pour Thousand Nine Hundred Dollars ($54,900) made to the CITY from Wenty- five percent'(25%) of his annual gross concession stand revenue (less State sales tax) and pay the difference, if any, to the CITY no later than October 20 of that year. If CONCESSIONAIRE'S annual, gross concession stand sales (less State sales tax) exceed One Hundred Fifty Thousand Dollars ($150000) then the ' CONCESSIONAIRE shall subtract :the ,:. of operation, in accordance with generally accepted accounting practices and standards. •The fora of all the records and f, reports wall be subject to the approval of the City's Director of Finance. Recommendations for changes, additions or deletions by the auditor of the CITY will be complied with by the CON® CESSIONAIRE when requested. The auditors of the CITY must be permitted, during normal business hours, to audit and examine the books of account, reports, and records relating to the . ».t...1..r"(�ror--.a.;ggeg4«•sse:f�"'•ppCP"�'"3•rr CONCESSIONAIRE'S operations. A monthly= statement.!.of4 garo �a.�00 d under this concession Agr6dKiE nieatit ger i°ate; CITY with each monthly payment., -An annual statement of operations must also -be submitted within sixty (60) days of the end of each .;welve month period of this Agreement. Late payment shall be accompanied by liquidated damages in the amount of 1% of the amount payable for each day the payment is late. If the payment and accumulated daily penalties are not received within thirty 00) days after the normal monthly payment deadline, then the CITY may take possession of the CONCESSIONAIRE'S assets on CITY property, may cancel this concession Agreement, and may begin procedures to collect the performance bond referred to in this Agreement. 7. GROSS REVENUES This term is defined as all monies paid or payable to, or considerations of determinable Value received by, the CONCESSIONAIRE for sales made, transactions had or for services rendered irrthe gperation of this concession at Coconut -Grove Exhibition Center, regardless of when or where the order is received, or the goods delivered, or services rendered, whether paid or unpaid, whether on cash or credit basis or in considers- tion of any other thing of values, provided, however, that any taxes Imposed by law which are separately stated to and'paid by a customer and directly payable by'the CONCESSIONAIRE to a taxing authority and sales re£unds'shall be excluded* SALESs USE, AND OTHER TAXES The CONCUSIONAIRE shall'pay the prevailing sales, use, and other taxes applicable to the.amounts due the CITY under terms of this Agreenent. _ 9. CASH REGISTERS The CONCESSIONAIRE must utilize paint -of -sale machines or other accounting control equipment as appropriate for proper control of cash and payments and accurate record - keeping. 10. UTILITIES AND GARBAGE DISPOSAL a. Restaurant ' The CONCESSIONAIRE shall be responsible to the sole responsibility of the CONCESSIONAIRE. b. Concession Stands Electricity, water, and garbage for trash, disposal for the concession stands shall, be provided by the CITY. If the CONCESSIONAIRE i requires telephones in the Concession Stand areas, however, he shall make installation and payment arrangements directly with the telephone company. CONCESSIONAIRE shall provide his own trash and garbage containers and shall transport his garbage and trash from the concession stand areas to the point of pickup. t; 21. REAL ESTATE AND PERSONAL PROPERTY TAXES s Although there are presently no real estate or personal property taxes levied on the Coconut Grove -Exhibition Center, future taxes and/or assessments on the -premises utilized by the CONCESSIONAIRE shall be paid by the CONCESSIONAIRE.' 12. DEFAULT OF PAYMENT It is expressly agreed that the CITY shall have a continuing lien on all personal property of the CONCESSIONAIRE on the premises, for all sums which may from time to time become due and unpaid to the CITY under this"Agreement, and upon default of payment of the CONCESSIONAIRE the CITY shall have the right to take possession of and retain the same 'until the full amount due shall be paid, or to sell the same at public auction and, _ after deducting the expense of such sale, apply the balance of the proceeds to such payment and if theme should tie any"defi- ciency, to resort to any other.•legal:remedy available to it. 13. MAINTENANCE AND CUSTODIAL SERVICES All maintenance and custodial care of equipment (including elevators and dumbwaiters), furnishings, and fixtures located within the physical facilities and space occupied by the CONCESSIONAIRE shall be accomplished at the CONCE3SIONAIREIS Bole expense. The CITY shall be responsible for maintenance and custodial matho— o 'iginating beyond the CONCESSIONAIRE'S physical facilities And space occupied. Air eondltioning•units serving only restaurant and concession stand areas a6all, however, be an exception to the above, , anti these shall be totally maintained and serviced at the sole cost and expense of the CONCESSIONAIRE. 14.^ PUBLIC CONSTRUCTION SURETY -BOND. . The CONCESSIONAIRE shall, prior to the commence- ment of construction on the premises by the CONCESSIONAIRE or .any agent of the CONCESSIONAIRE, furnish the CITY with Construction Surety bond in the' amount qf. $400' 0001iamIng"`the'* CITY' as the Owner and -the CONCESSIONAIRE'as he. Frig a a�' :: The purpose of this bond shall be to ensure that the CONCESSIONAIRE (1) promptly makes payment to all claimants, as defined in Section 255.05(1)., Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work provided For in the Agreement; (2) pays the Owner all losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that the Owner sustains because of a default by the Principal under the Agreement, and; (3) performs the guarantee of all work and materials furnished under the Agreement for the time specified In the Agreement. This bond,tuay be terminated, with the written approval of the City Manager of the CITY, at such time as the restaurant and concession stands are completed and fully operational and open to the public, and satisfactory evidence is provided by the CONCESSIONAIRE to the City Manager that all requirements of the bond have been -satisfactorily concluded. the" form of"the" borqT�harl�b�:•'as""�p by the City Finance Department; Risk lfattd&Wenf7-Liiv"Ji»'t Shall -be in conformity with the requirements: oi`;.Cha��e� Florida Statutes. 0 I 15. PERFORMANCE BOND The CONCESSIONAIRE shall, within fifteen (15) consecutive calendar days after fIna1 execution of this Agree ment, furnish to the CITY a performance; bond in the amount of $50000 to bind itself for the faithful performance of the � terms of the Agreement.' Said performance bond must be maintained in full force and effect for the duration of this Agreement and the fora of the bondshall be as approved by the CITY Finance Department, Risk Management Division. 16. PERMITS AND LICENSES The CONCESSIONAIRE agrees to obtain all required permits and licenses necessary for improvement and renovation of the premises and for the conduct of his business, -and agrees to comply with all laws governing the responsibility of an employer with respect to persons employed by the CONCESSIONAIRE. 17. NUISANCE FREE OPERATION The CONCESSIONAIRE agrees to conduct its opera- { tions so that they do not constitute a nuisance to the Dinner Key Marina tenants, events taking place at Coconut Grove Ex hibitlor. Center or persons attending those events, or the public - it -large, in the opinion of the City Manager. The parties acknowledge that the well -managed conduct of the business con- ter -plated by this Agreement will not constitute alnuisance. 18. LIQUOR LICENSES It will be the responsibility of the CONCESSIONAIRE to obtain the necessary liquor licenses to permit the sale df alcoholic beverages as permitted by this -Agreement, The CONCESSIONAIRE may sell all alcoholic beverages in the restaurant but only beer and wine sales will,be permitted'by•the CITY" ; from the concession stands. Upon separate written request from the CONCESSIONAIRE to the City manager in each instance, however, sale of all alcoholic beverages, for consumption on -premises in the exhibition hall areas, may be authorized by 12 - the City Manager for special events when, in the sole and ex. elusive judgment of the City Manager or City Commission, such. sales are warranted. All alcoholic beverages sold An accordance with the rights granted by this Agreement will be sold in accordance with applicable State beverage regulations. 19. PARKING The CONCESSIONAIRE, his employees and patrons may have the exclusive night to make use of the Coconut Grove Exhibition Center parking area delineated on Exhibit C hereto, and the non-exclusive right to make use of any and all other parking areas at Coconut Grove Exhibition Center which are not reserved or designated for Marina or other CITY use. Control of the parking area delineated for exclusive CONCESSIONAIRE use shall be the sole responsibility of the CONCESSIONAIRE. 20. SIGNS j CONCESSIONAIRE shall be permitted by the CITY to i erect n =.. { a,pprdpre sign on South Bayahore Drive and appropriate signs on the Coconut Drove Exhibition. Center build- ing subject to the City of Miami sign Ordinance contained in the City of Miami Comprehensive Zoning Ordinance, and further subject to written approval by the City Manager, or hisdesignee,- of the Flans as to location and content of the said signs. The City Manager's approval shall not' be unreasonably withheld. 21. RIGHT TO INSPECTION OF PREMISES lawww•wYellwiiw�wo�no� The CONCESSIONAIRE agrees that the concession facilities and premises may be inspected at any time by authorized representatives of the City Manager or his designee or by any other states county, or municipal officer or agency having respon- s1bilities for inspections of such operations. The CONCESSIONAM agrees to undertake immediately the Correction of any deficiency cited by such inspectors. 0 • �2. Ir!FPOPFR USE AND : USFENSTAt; The CONCESSIONAIRE will not use, nor suffer or permit any person, to use in any manner whatsoever, the assigned concession facilities for any improper, Immoral or offensive purpose, cr for any purpose in violation of any federal, state, ceunds•, or municipal ordinance, mule, order er reCulation, cr o.r any governr^ental rule or regulation now in effect or hereafter enacted or adapted. the CQ��CESiIOP+f':IPE will protect, indecrif';; and fore :•e: save and keep parr►less the CITY and individual r:e^!rEMs thereof and their agents, from and against damage, penalty, fires jud &nent, expense or charre suffered, unposed, assessed or incurred for any violation, or breach of any law, ordinance, rule, order cr regulation occasioned by any act, neglect or cr•,ission of the CG:,*CESSIC::AIRF or any employee, person or occupant. in the ever, of any violation by the COt.CESSIONAIRE or if the CITY or its authorized representative shall deem any conduct on the part of the CG1�CESSIO HIRE to be objectionable or improper, the CITY shall have the right to suspend the operation of the corcessiar. . should the CONCESSIONAIRE fail to correct any such violation, conduct, or practice to the satisfaction of the CITY within ,twenty-four hours after receiving written notice of the nature and extent of such violation,.eonduct, pr practice:, The CCICESSIO-14AIFE further agrees not to commence eperatipn"during the-suspensicn.until the violation has been corrected to the satisfaction of the CITY. �3. STORAGE OF DANGEROUS SUBSTANCES The CONCESSIONAIRE agrees not to use or perryt the storage in the facility of gas, illuminating oils, oil lamps, turpentine,'benzine, naphtha, or other similar substances,.or ,! explosives of any kind, or any substance or thing prohibited in the standard policies of fire insurance companies in the State of Florida, or prohibited by the Fire Marshall of the City of Miami. Fire extinguishers as required by the City Fire Marshall shall be purchased and installed by the CONCESSIONAIRE, ®low a 24. HOLD HARMLESS The CONCESSIONAIRE assumes all risk in the opera- tion of this concession and shall be solely responsible and answerable in damages for accidents or injuries to persons or property, whether direct or indirect, arising out of the opera- tion of this concession or arising by virtue of the careless- ness, negligence or improper conduct of the CONCESSIONAIRE -or any servant, agent or employee of the CONCESSIONAIRE, and hereby covenants and agrees to indemnify and save harmless the CITY OF MIA@►I, FLORIDA and their officers and employees from every such claim, suit, lose, damage or injury, which responsibility shall not be limited to the insurance coverage herein required. 25. INSURANCE ' The CONCESSIONAIRE shall maintain during the terra of this Agreement the following insurance: a. Public Liabilitypincluding Products Liability, Insurance in the'amounts-of not less than $1,000,000 per occurrence for death or bodily Injury and not less than $50,000 per occurrence for property damage. b. A standard fire insurance. policy on his premises and all furniture, fixtures, equipment, and Improvements* including the perils of lire, extended coverage, and other perils, for the actual cash value thereof. 1 c. The -CITY shall be rued as an additional Insured under the poliaies,of insurance as required by this Agreement. d., Automobile Liability Insurance covering all owned, non -owned, and hired vehicles in amounts of not less than $100,000.00 per accident and $300,000.00 per occurrence of bodily injury and $10,000.00 property damage. e. The CITY shall be given at least thirty (30) days advance written notice of cancellation � of said policies or any material modlflca- - tions thereof. f. Certificates of insurance shall be filed with the Finance Department, Risk Management D1vi- sicn of the CITY of Miami. g. The insurance coverage required shall include those classifications as listed in standard liability insurance manuals, which most nearly reflect. the operations of the CONCESSIONAIRE. h. All insurance policies shall be issued by companies authorized to do business under the laws of the State of Florida and must be rated at least "A" as to management and Class "X" as to financial strength, all in accordance A.M. BEST'S KEY RATING GUIDE, latest edition. i. The CITY reserves the right to amend the Insurance requirements as circumstances dictate in order to protect the interest of the CITY in this concession Agreement. j. The CONCESSIONAIRE shall furnish certificates of insurance to the-CInA prior to the commence-. Mont of operations, which certificates shall clearly indicate the CONCESSIONAIRE has obtained j Insurance in the type, amount, and classifi- cations as required for strict compliance with this covenant and shall be subject to the approval, of, the Department of Finance, ' Risk Management Division. "' r. k. The policy s#:all be endorsed as :ollows: ."It is agreed that in the event of any claim or suit against the insured for damages covered -by this policy, the insurance company will not deny liability by the use of a defense based upon governmental immunity." 26. DAMAGE OR DESTRUCTIO6111 OF BUILDING In the event the Coconut Grove Exhibition Center, or any portion thereof, is damaged or destroyed by fire or other casualty, said damage or destruction shall be repaired and restored ty the CITY with. due diligence, subject to the right of the CITY, is tape ccs•t of repair and restoration is so substantial as to crake such repair or restoration economically unfeasible in the opinion of the City Manager, to terminate this.Agreement upon 60 days' notice. 27. EXCLUSIVITY The CITY agrees not to establish any note concession facility, or concession service in conflict or in competition with the CONCESSIONAIRE, without first giving the CONCESSIONAIRE the opportunity of providing the service... On occasion, however, there are booths at certain exhibitioha or events taking place at Coconut Grove Exhibition Centerewhereat samples of food or beverages•are offered to the public for tasting and possibly, subsequently, for purchase by the public for consumption off the premises. The CONCESSIONAIRE hereby agrees to permit this when it is authorized by the Auditorium Manager, and the CITY ! hereby agrees to coordinate such situations with the CONCESSIONAIRE and to control and monitor them carefully to ensure minimal effect on the sales of the CONCESSIONAIRE. 28. CONCESSION PRIVILEGE It is the intent of the CITY, concurred in by the - 17 .. i-wk` U CONCESSIONAIRE, that this Agreement shah, not, as against -the CITY, vest any right in the CONCESSIONAIRE; and shall be deemed only the grant of a privilege to the CONCESSIONAIRE -to carry out the terms of this Agreement on property of the CITY so long as such..Agreement or privilege shall be in force. It is further the intent of the parties hereto that violation of, or failure to comply with, the terms of this Agreement shall, at the option of the CITY terminate this Agreement and privilege -upon three days notice in writing delivered -or Trailed to the CONCESSIONAIRE'S address as set forth herein. If the CITY does not afford CONCESSIONAIRE the opportunity to mend any default within a specified time, the privilege shall terminate and the CONCESSIONAIRE shall remove himself and his property front the premises, if all financial obligations hereunder have been met. Continued occupancy of the facility after termination of the privilege shall constitute trespass by the CONCESSIONAIRE, and may be prosecuted as such. In addition, the CONCESSIONAIRE shall pay to the CITY $200 per day as liquidated damages for such trespass and holding over. 29. CO -PARTNERSHIP Nothing herein contained shall apeate or be construed as creating a co -partnership between the CITY and the CC?.CESSIONAIRE or to constitute the CONCESSIONAIRE as an agent of the CITY. ' 30. DEFINITION OF CONCESSIONAIRE It is expressly understood and agreed that no part, parcel, building, structure, equipment or space is ieased to the CONCESSIONAIRE; thathe is a CONCESSIONAIRE and nota lessee; that the CONCESSIONAIREtS=right to operate the concession shall'continue only so long as the concession operation eompliea with the undertakings, provisions, agreements, stipulations and conditions of this Concession Agreement. 31. EXTENSION-4 ASSIGNMENT. OR TRANSFER OF STOCK The CITY may, by amendment to the Concession t Agreement, Authorize the CONCESSIONAIRE to expand the services provided.. To encourage continuity of successful operation, the CITY may give preference to the existing CONCESSIONAIRE in the extension or renewal of this Agreement. The CONCESSIONAIRE may not assign this Concession Agreement, or any part thereof, without approval of the CITY. 32. TERMINATION BY CITY The CITY reserves the right and privilege to terminate this Agreement at any time, subject to reimbursement to the CONCESSIONAIRE of any unamortized capital investment made by the CONCESSIONAIRE. 33• SURRENDER OF ALCOHOLIC BEVERAGE LICENSES In the event of a termination of this Agreement for any cause includings but not limited to, expiration of the term thereof, the CONCESSIONAIRE shall surrender any alcoholic beverage license in effect for the Exhibition Center, or any, part thereof, or assign all licenses to any designee of the CITY at the election or request of the CITY, the surrender or-aesigh-." went to be effected within three (3) business days after the election or request of CITY. If termination is not due to the expiration of the term hereunder, CITY or its designee shall pay for same at its prorated cost. 34. REVOCATION OF CONCESSION PRIVILEGE If the CONCESSIONAIRE fails to comply with any of i the terms hereof, the CITY may cancel this Agreement and revoke the privilege of the CONCESSIONAIRE to come upon the CITY'S Property for purposes for which this concession was granted and may oust and remove all parties who may be present�uaon or occupy any j part of the premises for the purpose of exercising any rights ' so revoked. The CITY shall make no reimbursement of the CONCES— SIONAIRE'S unamortized capital investment if termination of this Agreement is caused by failure to comply with any of the terms herein, and the CONCESSIONAIRE has tailed to cure the violation(s) after adequate written notice pursuant to paragraph 38 herein. - 19 - ►` " k' 35. NON-DISCRIMINATION The CONCESSIONAIRE agrees that there shall be no discrimination as to race, sex, color, creed or national origin In connection with the use, maintenance and operation of the premises by CONCESSIONAIRE. 36. ATTORNEY'S FEES In the event of any litigation between the parties to enforce any of the terms.or provisions oaf this Agreement, the prevailing party shall be entitled to reasonable attorney's fees. 37. CAPTIONS The captions contained in this Agreement are inserted only as a matter of convenience and for reference and in no way define, limit or prescribe the scope'of this Concession Agree- ment or the intent of any provision thereof. 38. NOTICES, All notices from the CITY to the CONCESSIONAIRE shall be deemed duly served if mailed by registered or certified sail to the CONCESSIONAIRE at the following address: Jerry's Inc. P. 0. Box 59-2817 Miami, Florida 33159 All notices from the CONCESSIONAIRE to the CITY shall be deemed duly served if mailed to: - The City Manager City of Miami 3500 Pan American Drive, Dinner Key • Miami, Florida 33133 The CONCESSIONAIRE and.the CITY may change the above mailing addresses at anytime upon givSng the other party written notification. All notices under this Concession Agreement must be in writing. 39. ENTIRE AGREEMENT The provisions of the Concession Agreement constitute the entire agreement between the parties and no prior agreements or representations shall be binding upon any of the parties unless Incorporated in this Concession Agreement. No modifications release, discharge, or waiver of any of the provisions hereof shall be of force and arfect unless In writing and signed by both parties. rW DOCK mASTF"S Yoe 011, *41 'COL. LCC>wC^Yi *ro PIT sloe 4L. c AYT sa . "" LAST NAF---F1R6T NAMF—MI001..F NAME MAILING ADDRESS I CITY COUNTY DATE ON WHICH VOTE OCCURRED Se Cember 25 1986 NAME OF BOARD. COUNCIL, COMMISSION, AUTHORITY. OR COMMITTEE TILE POARD. COUNCIL,CO}MMMMON, AUTHORITY. OR COM MITTFF ON WHICH 1 SFRVE IS A UNIT OF: CITY 000UNTY toOTHER LOCAL AGENCY 135TAT! NAME OF rOLITICAL SUBDIVISION OR STPTE AGENCY r W"O MUST FIDE FORM 4 This form is for use by any person sewing on either an appointed or elected board, council, commission, authority, or committee, whether state or local, and it applies equally to members of advisory and non -advisory bodies who are faced with a voting conflict of interest. As the voting conhict requirements for public officers at the local level differ from the requirements for state officm, this form is divided into two parts: PART A is for use by persons serving on local boards (municipal, county, special tax districts, etc.), while PART B is prescribed for all other boards, i.e., those at the state level. PART C of the form contains instructions as to when and where this form must be filed. PART A VOTING CONFLICT DISCLOSURE FOR LOCAL PUBLIC OFFICERS [Required by Section 1113143(3), Florida Statutes (Supp. 1984).) The Code of Ethics for Public Officer and Employees PROHIBITS each munkcipal, county, and other local public offleer FROM VOTING in an official capacity upon any measure which inures to his special private gain. Each local officer also is prohibited from knowingly voting in his official capacity upon any measure which inures to the special gain of any principal (other than a government agency as defined in Section 112.312(2), Florida Statutes) by. whom he is retained. In any such case a local public officer must disclose the conflict: (a) PRIOR TO THE VOTE BEING TAKEN by publicly stating to the assembly the nature of his interest in the matter on which he is abstaining from voting; and (b) WITHIN 15 DAYS AFTER THE VOTE OCCURS by describing the nature of his interest as a public record in this part below. NOTE: Commissioners of a Community Redevelopment Agency created or designated pursuant to Section 163.356 or Section 163.357, Florida Statutes (Supp.1984), or officers of independent special tax districts elected on a one -acre, one -vote basis are not prohibited from voting. In such cases, however, the oral and written disclosure of this part must be made. I, the undersigned local public officer, hereby disclose that on SCR UMb= 25 , 19 _.Afi (a) I abstained from voting on a matter which (check one): inured to my special private gain; or X inured to the special gain of Terremark , Inc. by whom I am retained. a.. I ;; k�"v�xxx�; rcmrtaY+sv�lr� a:�e,t;z;�rv3!+RUWt:�flnr*rrrr.nrv.•mF�:,^����..;.x.4,,w,,,,, dbce .�:ra;+vsem�x�'+. �4,aan5+:3xmentrru'n�7n:v:,wtniTy+'¥ (h) The m-easure on which I nhg1ahKd and the mature of my intercRt in the rocan ere is ass fnlfo%vs: R.- 86-722, item 10 of September 25, 1986: Authorizing the assi.gment of the agreement dates( Sept. 25, 1979, between the City of Miami and Jerry's Inc., to Terremark at Dinner Key, Inc. etc. Oct. 9, 1986 Date Filed Signature Please see PART C for instructions on when and where to file this form. PART VOTING CONFLICT DISCLOSURE FOR STATE OFFICERS [Required by Sextion 112.3143(2), Florida Statutes (Sapp. 1984).] Each state public officer is permitted to vote in his official capacity on any matter. However, any state officer who votes in his official capacity upon any measure which inures to his special private gain or the special gain of any ptincipal by whom he is retained is required to disclose the nature of his interest as a public record in 1'hrt ® below within IS days after the vote occurs. 1. the undersigned officer of a state agency, hereby disclose that on , 19 . (a)1 voted on a matter which (check one): inured to my special private gain; or inured to the special gain of (b) The measure on which 1 voted and the nature of my interest in the measure is as follows: Date Filed Signature Please see PART C below for instructions on when and where to file this form. , by whom 1 am retained. PART C FILING INSTRUCTIONS This memorandum must be filed within fifteen (IS) days following the meeting during which the voting eonflict occurred with the person responsible for recording the minutes of the meeting, who shall incorporate the memorandum in the meeting minutes. This form need not be fibd merely to indicate the absence of a voting conflict. NOTICE: UNDER PROVISSONSOF FLORIDASTATUTES1 I IL317(1993)6 A FAILURE To MAKE ANY REQUIRED DISCI URECONSTITUTESGROUNDSFOAANDMAY BE PUNISHED BY ONE OR MORE OF THE FOLLOWING: IMPEACHMENT. REMOVAL OR SUSPENSION FROM OFFICE OR EMPLOYMENT. DEMOTION. REDUCTION IN SALARY. REPRIMAND. OR A CIVIL PENALTY NOT TO EXCEED SS=. cE Fntu a. tEv. en ea PAGE i ,rx