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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #15461 Date: 01/23/2024 Commission Meeting Date: 02/08/2024 Requesting Department: Department of Real Estate and Asset Management Sponsored By: Manolo Reyes District Impacted: District 4 Type: Resolution Subject: Authorize Lease Agreement - Coral Way Investment Inc. Purpose of Item: Granting authority for the City Manager to negotiate and execute a Lease with Coral Way Investments, Inc. ("Lessor") is hereby sought. This pertains to the utilization of office space by the City of Miami Department of Fire -Rescue's Urban Search and Rescue ("US&R") ("Lessee") at a privately -owned building situated at 2100 SW 22nd Street, Suite 300, Miami, FL. Furthermore, authorization is extended to negotiate and execute all requisite documents, including amendments and modifications to the agreements, in a form acceptable to the City Attorney, as necessary to facilitate the intended uses of the US&R mission. Background of Item: US&R has sought the support of the Department of Real Estate and Asset Management ("DREAM") to identify appropriate office space for their use. Collaborating with Savills, DREAM successfully located a property comprising 2,000 square feet with a monthly rent of $4,833.33. This cost encompasses utilities and janitorial services, meeting the specified requirements of US&R, including infrastructure and parking needs. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $ 57,999.96 ($4,833.33 monthly) Special Revenue Account No: PTAEO/grant: 18-1801037 — 15 — 2893 — contractual services — 184050 Reviewed B Department of Real Estate and Asset Management Review Completed 01/23/2024 10:59 AM Office of Management and Budget Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Pedro Lacret Marie Gouin Larry M. Spring Valentin J Alvarez Arthur Noriega V Andrew Frey Budget Analyst Review Budget Review Assistant City Manager Legislative Division Review City Manager Review Department Head Completed Completed Completed Completed Completed 01/23/2024 12:22 PM 01/23/2024 3:52 PM 01/30/2024 5:31 PM 01/30/2024 5:32 PM 01/30/2024 5:34 PM Office of the City Attorney James Brako ACA Review Completed 01/30/2024 6:10 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 01/30/2024 7:17 PM City Commission Nicole Ewan Meeting Completed 02/08/2024 9:00 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 03/01/2024 2:00 PM Office of the City Attorney James Brako ACA Review Completed 03/01/2024 2:05 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 03/01/2024 3:43 PM Office of the City Clerk City Clerk's Office Rendered Completed 04/16/2024 9:15 AM City of Miami Legislation Resolution Enactment Number: R-24-0056 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15461 Final Action Date:2/8/2024 A RESOLUTION OF THE CITY OF MIAMI COMMISSION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A LEASE AGREEMENT ("AGREEMENT"), BETWEEN THE CITY OF MIAMI ("CITY") AND CORAL WAY INVESTMENTS, INC. ("LESSOR"), FOR THE USE OF APPROXIMATELY TWO THOUSAND SQUARE FEET ("2,000 SQ. FT.") OF OFFICE SPACE LOCATED AT 2100 SW 22ND STREET, SUITE 300, MIAMI, FL ("PROPERTY"), FOR THE OPERATION OF THE DEPARTMENT OF FIRE -RESCUE URBAN SEARCH AND RESCUE ("US&R"), COMMENCING ON THE COMMENCEMENT DATE, FOR A MONTHLY RENTAL FEE IN AN AMOUNT NOT TO EXCEED FOUR THOUSAND EIGHT HUNDRED THIRTY-THREE DOLLARS AND THIRTY-THREE CENTS ($4,833.33), FOR A PERIOD OF ONE (1) YEAR, AS MORE PARTICULARLY SET FORTH IN THE ATTACHED AND INCORPORATED AS EXHIBIT A, ALL SET IN FORMS ACCEPTABLE TO THE CITY ATTORNEY; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, INCLUDING ANY AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS SUBJECT TO ALL ALLOCATIONS, APPROPRIATIONS, PRIOR BUDGETARY APPROVALS, COMPLIANCE WITH ALL APPLICABLE PROVISIONS OF THE CITY CHARTER AND CITY CODE, IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AND IN COMPLIANCE WITH ALL APPLICABLE LAWS, RULES, AND REGULATIONS, AS MAY BE DEEM NECESSARY FOR SAID PURPOSE. WHEREAS, the City of Miami ("City") Department of Fire -Rescue Urban Search and Rescue ("US&R") is in need of securing office space for their operations; and WHEREAS, the US&R enlisted the assistance of the Department of Real Estate and Asset Management ("DREAM") to locate suitable office space; and WHEREAS, there are no suitable City -owned properties available to meet the needs required by US&R; and WHEREAS, the City, with broker Savills' assistance, has located suitable office space owned by Coral Way Investments, Inc. ("Lessor"), providing for the use of two thousand square feet (2,000 sq. ft.), and has negotiated a rental rate for the use and occupancy of office space located at 2100 Southwest 22nd Street, Suite 300, Miami, Florida ("Property"), at a rate of twenty-nine dollars ($29.00) per square foot on an annual basis; and WHEREAS, the City and Lessor wish to enter into a Lease Agreement to secure use of the Property for the US&R; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized1 to negotiate and execute the Agreement, in a form acceptable to the City Attorney, between the City and Lessor, for use of office space located at 2100 Southwest 22nd Street, Suite 300, Miami, Florida, with terms and conditions as more specifically set forth in said Lease Agreement. Section 3. The City Manager is further authorized to negotiate and execute any and all documents, including any amendments, renewals, extensions, and modifications subject to allocations, appropriations, prior budgetary approvals, compliance with all applicable laws, rules, and regulations, as may be deemed necessary for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor ey 1/30/2024 ndez, City Attor ey 31112024 Note #1 Pursuant to the resolution, this item became effective immediately upon adoption by the Commission. Note # 2 Revision A has the Scrivener's amendment by law department and per legal opinion, it may be certified instead of the original version. 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions.