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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-05-0453 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00671 Version: 1 File Type: Resolution Status: Passed Reference: Controlling Body: Office of the City Clerk File Name: Lease Agreement with Rayos Del Sol, Ltd. Introduced: 7/5/2005 Requester: Department of Economic Cost: Final Action: 7/28/2005 Development Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RESCINDING RESOLUTION NO. 04-0728, ADOPTED NOVEMBER 18, 2004, IN ITS ENTIRETY, AND THE LEASE AGREEMENT ("AGREEMENT") BETWEEN THE CITY OF MIAMI ("LESSEE") AND RAYOS DEL SOL, LTD., A LIMITED PARTNERSHIP ("LESSOR"), PURSUANT TO SAID RESOLUTION; AUTHORIZING THE CITY MANAGER TO EXECUTE A REVISED AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE LESSEE AND LESSOR, FOR USE OF APPROXIMATELY 1,236 SQUARE FEET OF OFFICE SPACE, LOCATED AT 185 NORTHWEST 13TH AVENUE, MIAMI, FLORIDA, TO RELOCATE THE OPERATION OF THE EAST LITTLE HAVANA NEIGHBORHOOD ENHANCEMENT TEAM, TO PROVIDE FOR THE FOLLOWING: 1) A SEVEN-YEAR TERM COMMENCING NO LATER THAN FOUR MONTHS AFTER LESSEE ISSUES NOTICE TO PROCEED WITH CONSTRUCTION OF THE PREMISES TO LESSOR AND LESSEE PHYSICALLY OCCUPIES THE PREMISES, WITH AN OPTION TO EXTEND FOR TWO ADDITIONAL FIVE-YEAR TERMS SUBJECT TO THE MUTUAL CONSENT OF THE PARTIES; 2) LESSEE SHALL PAY RENT FOR THE FIRST YEAR, AT A RATE OF $12, PER SQUARE FOOT, OR AN AMOUNT NOT TO EXCEED $1,236, PER MONTH, WITH RENT FOR SUBSEQUENT TERM YEARS TO BE ADJUSTED BASED ON INCREASES IN THE CONSUMER PRICE INDEX; 3) LESSOR TO PROVIDE LESSEE WITH COMPLETE BUILD -OUT OF THE PREMISES; AND 4) LESSOR TO PAY ALL COMMON AREA OPERATING CHARGES AND PROVIDE FOUR RESERVED PARKING SPACES FOR LESSEE, WITH ADDITIONAL TERMS AND CONDITIONS MORE PARTICULARLY SET FORTH IN THE AGREEMENT. Sponsors: Notes: Indexes: Attachments: 05-00671 Legislation.pdf,05-00671 Exhibit 1.pdf,05-00671 Exhibit 2.pdf,05-00671 Exhibit 3.pdf,05-00671 Summary Form.pdf,05-00671 Previous Resolution.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 Office of the City 7/27/2005 Attorney 1 City Commission 7/28/2005 1 Office of the Mayor 8/2/2005 1 Office of the City Clerk 8/4/2005 Reviewed and Approved ADOPTED Signed by the Mayor Office of the City Clerk Signed and Attested by City Clerk Pass City ofMiami Page 1 Printed on 11/22/2016 City of Miami Master Report Enactment Number: R-05-0453 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Page 2 Printed on 11/22/2016