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HomeMy WebLinkAboutM-79-0710of ORANGE BOWL CONCESSION LEASE AND AGREEMENT Amendment No. 3 THIS AGREEMENT, made and entered into this day 197 , by and between the CITY, OF MIAMI, a municipal corporation of the State of `_Florida (hereinafter referred to as limited partnership (hereinafter referred to as W- I T:;N E =SS. E� T "H WHEREAS, on August as the City of Miami and Restaurant, and Waldorf Associates," a Massachusetts Corporation, entered into a lease agreement entitled "Orange Bowl Concession Lease and 'Agreement", and WHEREAS, on May 15, 1968, the naine of the Restaurant and Waldorf Associates, Inc.," was changed to the. Restaurant Associates Industries, Inc.:, and on July 15,.1968, sai "Waldorf" Corporation merged with Restaurant Associates Industries, Inc., a Delaware corporation; and Resolution No. WHEREAS 43270, the Miami City Commission on April 15, of the existing agreement between ,the .Ci passed and adopted by 1971, authorized extension ty of Miami and Restaurant Associates Industries,; Inc., for an additional five year, period, with an option to -renew for a further three year period, and, Amendment No. 1 to the original agreement implemented the extension as authorized; and WHEREAS, Resolution,. No. ;73-623,passed ,and adopted b the Miami City Commission on July 26, 1973, consented to he assignment of the said Orange Bowl Concession. Lease and as Amended, the "CITY"), and MIAMI DOLPHINS, LTD., Florida PARTNERSHIP" 4, 1967, certain parties, to the Miami, Dolphins, Ltd.; a then known Inc., Agreement, 1977 the parties hereto entered into an Agreement for use of the Miami Orange Bowl Stadium by the Miami Dolphins for playing of Miami Dolphins professional football home games WHEREAS, on June 8 through and including the year 1986; and WHEREAS, on January 11, 1978, the City Commission passed and adopted Ordinance No. 8735 authorizing. the sale of beer -and/or P malt beverages at the Miami Orange Bowl; and agreement WHEREAS , :. Amendment` No. 2 to the original required the parties hereto, between the. date' of execution of Amendment No..2 and July 1, 1980, to conduct •negotiations with regard; to the financial investment to be madeby each for the system for the distribution' BEER. SERVICE installation of a permanent: of the beer and/or malt beverages at the Orange Bowl Stadium, NOW, THEREFORE, in consideration of,' the `premises and mut ual covenants hereinafter contained to be: observed. and. performed,' the parties heretO hereby covenant and agree' as follows pumping 1 INSTALLATION. The Partnership agrees that, between the date o of this agreement and July 1, 1980, system for beer shall be installed. by the Partnership'in the Bowl', at'an estimated cost of $330,000.00., approved by the City, that approval not to be unr• easonably 2. TITLE. TO. EQUIPMENT f execution stribution Orange following plans to be withheld. 1, title, and interest and: used in connection with the system installed at the Orange The Partnership shall retain in all. equipment fixtures purchased. permanent beer pumping astribution Bowl Stadium through the conclusion o which time the. Partnership shall convey to the City all and thesaid equipment and fixtures. 3. interest in TEMPORARY BEER SALES signing this The City and the Partnership agree. the Partnership will be -11 beer at the Orange Bowl Stadium using temporary than themanent;beer pumping distribution system. ale of agreement and July 1 authorized to measures^ot er permanent pumping a 1 right its:. concession agreement, at right title 1980, t at. between. the. date of The 25% of gross payable to the City based on the .temporary s same time beer through July 1, 1980,.will be due to the City at the as the guaranteed concession payment due in August of 1980. 4. CONDITION OF STADIUM ' In recognition of the mutual benefits to'bederVed froni improving the physical condition of the Orange BoWi Stadium concession I facilities, other than those to be used for beer sales, the City agrees to make improvements to those concession facilities at a cost i of not less than $500,000.00, and documentation of that expenditure will be available for reasonable verification by the .Partnership. 5. TIMELY PERFORMANCE BY PARTNERSHIP In order to insure timely performance by the Partnership of its responsibility to install a permanent pumping system for the distribution of beer, it is agreedmakei by the City arid the Partnership. that should the Partnership fail to that nstallat3.on y July 1, 1980, that the Partnership would revert back to being bound by the terms of its concession agreement which terminates on July 1, 1980. 6. TIMELY PERFORMANCE BY CITY In order to insure timely Performance by the City of its obligation to make concession facilities improvernents to areas other than the service of beer, it is agreed by the City and the Partnership that the Partnership is hereby authorized to withhold any payment to the City of concession monies due for the temporary sale of beer, or for the otherwise required advance deposit of $150,000 against con- cession payments for the 1980 football season, until such time as the City has completed Orange Bowl concession 3.3nprovements of not -3.ess than $500,000 in cost. 7. ORIGINAL AGREEMENT ' • The Lease and Agreement entered into on the 4th day of August, 1967, between the parties, and Airtendraents No. 1 and No. 2 thereto shall remain in full force and effect and shall not be deemed to be repealed, amended, or modified in any way except as hereinabove specifically provided. IN WITNESS WHEREOF, the parties hereto have_.caused this_ Amendment No.3 to the Lease and agreement of be executed in their names by their. the corporate seals to be affixed t year first above written. ATTEST: City WITNESSES:` duly authorized officers, hereto; all as of the day 19.67., to and and THE CITY OF ,MIAMI, a. municipal corporation of the State; of Florida City Manager MIAMI DOLPHINS, LTD., a Florida limited partnership .Joseph Robbie Managing General Partner As to Miami Dolphins, Ltd. APPROVED AS TO FORM AND CORRECTNESS:` George F. Knox, J: City Attorney