HomeMy WebLinkAboutR-86-0614r
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RESOLUTION No. 86-6i4,
A RESOLUTION AUTHORIZING THE
CITY MANAGER TO EXECUTE THE
FIRST AMENDMENT TO AMENDED AND
RESTATED LEASE AGREEMENT, IN
SUBSTANTIALLY THE FORM
ATTACHED, BETWEEN THE CITY AND
BAYSIDE CENTER LIMITED
PARTNERSHIP FOR THE BAYSIDE
SPECIALTY CENTER RETAIL PARCEL
TO CLARIFY CERTAIN TERMS AND
CONDITIONS AND TO INCORPORATE
CERTAIN ADDITIONS.
WHEREAS, on January 14, 1985, the City and Bayside Center
Limited Partnership entered into a Ground Lease Agreement whereby
Bayside will construct, operate and maintain a Specialty Center
on a portion of Bayfront Park; and
WHEREAS, on October 15, 1985, the City and Bayside Center
Limited Partnership entered into an Amended and Restated Lease
Agreement for the Bayside Specialty Center Retail Parcel to
incorporate requirements for construction financing and all
documents required for closing; and
=ter WHEREAS, the City and Bayside Center Limited Partnership
desire to hereby amend the provisions of said Restated Lease
Agreement to clarify certain terms and conditions and to
incorporate certain additions.
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NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
_ MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to
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execute, in substantially the form attached, the First Amendment
to Amended and Restated Lease Agreement between the City and
Bayside Center Limited Partnership for the Bayside Specialty
Center Retail Parcel clarifying certain terms and conditions of
the Restated Lease Agreement and incorporating certain additions,
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JUL x4 1
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PASSED AND ADOPTED this 24th day of JULY , 19"
ATTEST:
:HA#rY HIRAI, CITY CLERK
PR PARED AND APP OVED BY:
AG.MRIAM MAER
ASSISTANT CITY ATTORNEY
APPR9VE-'AS Z. FORM AND CORRECTNESS:
LUgIA A. DOUGr RTY
CITY ATTORNE
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ER L. S AREZ
MAYOR
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CITY OF MIAM1, FLORIDA ��
INTER -OFFICE MEMORANDUM
TO. Honorable Mayor and
Members of the City
Commission
DATE:
SUBJECT:
July 1, 1986 FILE:
First Amendment to Lease
Agreement/Bayside
FROM: REFERENCES:
Cesar H. Odio For City Commission Meeting
City Manager ENCLOSURES: of July 24, 1986
Resolution
It is recommended that the
City Commission adopt the
attached Resolution
authorizing the City Manager
to execute the First
Amendment to Amended and
Restated Lease Agreement, in
substantially the form
attached, between the City
and Bayside Center Limited
Partnership for the Retail
Parcel to clarify certain
terms and conditions and to
incorporate certain
additions.
It is recommended that the attached Resolution be adopted to
authorize the City Manager to execute the First Amendment to the
Lease Agreement for the Bayside Retail Parcel to clarify terms
and conditions, specifically with respect to the WASA Agreement
and the sale of alcoholic beverages, beer and wine, and to
incorporate certain additions.
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