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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-02144 Final Action Date: 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-DADE 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., a Florida Corporation ("Lessor"); 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 $1,833.34, 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 Lease. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 Printed On: 12/1/200% File Number: 06-02144 APPROVED AS TO FORM AND CORRECTNESS: JORG L. RNANDEZ CITY, TTO NEY 1 Footnotes: (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. (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: 11/30/2006