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ti- City of Miami
I'kf 1�041I e,rl
`d'" its Text File Report
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File ID: 06-02144 Type: Resolution Status: Passed
Enactment#: R-06-0700 Enactment Date: 12/14/06
Version: I Introduced: 11/21/06 Controlling Body: Office of the City
Clerk
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, AUTHORIZING}
THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT ("LEASE"), IN SUBSTANTIALLY
THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI AND AVS INTERNATIONAL GROUP,
INC., A FLORIDA CORPORATION, FOR THE CITY'S USE OF 2,000 SQUARE FEET OF
WAREHOUSE SPACE IN MIAMI -DADS COUNTY, FLORIDA; SAID LEASE TO BE FOR AN
INITIAL TERM OF ONE YEAR TO COMMENCE ON JANUARY 1, 2007, WITH A MONTHLY
RENT OF $1,833.34 ($22,000 ANNUALLY), WITH FIVE (5) ADDITIONAL ONE-YEAR OPTIONS
TO RENEW; ALLOCATING FUNDS FROM ACCOUNT CODE NO.
00001. 199999,544000. 0000.00000, WITH OTHER TERMS AND CONDITIONS AS MORE
PARTICULARLY SET FORTH IN THE LEASE.
WHEREAS, the City of Miami ("City") has been renting for City use 2,000 square feet of warehouse space ("Property"),
from AVS International Group, inc,, it Florida Corporation ("Lessors'); and
WHEREAS, the City wishes to continue to use the Property and has negotiated with the Lessor a Lease Agreement
("Lease") for an initial term of one year, at a monthly rent of$1,333.34, with five (5) additional one-year options, with rent for
the first two (2) option years at the same monthly rate of$1,833,354, and for the remaining three (3) option years, at a
mutually agreed rate, subject to City Commission approval; and
WHEREAS, the initial rent, calculated at $11.00 per square feet has been found to be reasonable in comparison to other
similar properties; and
WHEREAS, the lease payments will be paid out of City General Funds;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and
incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized (1) to execute a Lease, In substantially the attached from, between the City
and the Lessor, for the City's use of the Property, for an initial term of one year to commence on January 1, 2007, with.a
monthly rent of $1,833.34 ($22,000 annually), with five (5) additional one-year options to renew, with funds allocated from
Account Code No. 00001.199999.544000,0000.00000, with other terms and conditions as more particularly set forth in the
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Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. (2)
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