Loading...
HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-01505 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO EXECUTE A FIRST AMENDMENT TO LEASE (THE "AMENDMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE CITY OF MIAMI ("LESSEE") AND CENTENNIAL EXPRESS, INC. (THE "LESSOR"), FOR THE CITY'S USE OF APPROXIMATELY 1,326 SQUARE FEET OF WAREHOUSE/OFFICE SPACE (THE "PREMISES") LOCATED AT 1251 NW 36 STREET, MIAMI, FLORIDA; SAID AMENDMENT WILL PROVIDE FOR 1) LESSEE EXERCISING ITS FIRST TWO-YEAR OPTION TO RENEW LEASE; AND 2) LESSEE SHALL PAY RENT AT A RATE $1,523.80 PER MONTH ($13.79 PER SQUARE FOOT OR $18,285.54 FOR THE YEAR); ALLOCATING FUNDS THEREFORE FROM ACCOUNT CODE NO. 001000.290201.6.610; FURTHER AUTHORIZING THE CITY MANAGER TO APPROVE AND EXECUTE NON -SUBSTANTIVE AMENDMENTS TO SUCH AGREEMENT AS NEEDED; WITH OTHER TERMS AND CONDITIONS AS MORE PARTICULARLY SET FORTH IN THE LEASE. WHEREAS, on July 7, 2005, the City Commission passed Resolution 05-0417 authorizing the City Manager to execute a lease agreement with Centennial Express, Inc. for the City's use of approximately 1,326 square feet of warehouse space located at 1251 NW 36th Street, Miami, Florida; and WHEREAS, the City's lease was for a one-year term, with two (2) options to renew for two-year extensions, subject to rent negotiation; and WHEREAS, Internal Affairs Division of the City's Police Department continues to need use of the warehouse space and Centennial Express, Inc. has accepted the City's option to renew an extended term of the existing lease agreement; and WHEREAS, the City negotiated with Centennial Express, Inc. a rental rate for the extension period of $13.79 per SF; and WHEREAS, the lease cost of $13.79 per SF was found to be reasonable in comparison with other similar properties; 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 hereby authorized to execute a First Amendment to Lease (the "Amendment"), in substantially the attached form, between the City of Miami ("Lessee") and Centennial Express, Inc. (the "Lessor"), for the City's use of approximately 1,326 square feet of warehouse/office space (the "Premises") located at 1251 NW 36 Street, Miami, Florida; said Amendment will provide for: 1) Lessee exercising its first two-year option to renew lease; and 2) Lessee shall pay rent at a rate $1,523.80 per month ($13.79 per square foot or $18,285.54 for the year); allocating funds therefore from Account Code No. 001000.290201.6.610; further authorizing the City Manager to approve and execute non -substantive amendments to such agreement as needed; with other terms and conditions as more particularly set forth in the Amendment. City of Miami Page 1 of 2 Printed On: 8/31/2006 File Number, 06-01505 Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. PASSED AND ADOPTED this day of 2006. MANUEL A. DIAZ, MAYOR ATTEST: PRISCILLA A. THOMPSON CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: JORGE L. FERNANDEZ CITY ATTORNEY Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. {2} if the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 8/31/2006