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Master Report
Enactment Number: R-08-0492
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-01044
Version: 1
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Execute Lease -Parrot Jungle
Requester: Department of Public Facilities Cost:
Introduced: 8/29/2008
Final Action: 9/11/2008
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING
THE CITY MANAGER TO EXECUTE THE THIRD MODIFICATION TO LEASE AND
DEVELOPMENT AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH PARROT
JUNGLE AND GARDENS OF WATSON ISLAND, INC., FOR THE PURPOSE OF PERMITTING
THE CONSTRUCTION OF ADDITIONAL CAPITAL IMPROVEMENTS, INCLUDING A THEME
HOTEL AND RELATED RETAIL AND ENTERTAINMENT THAT IS ANCILLARY TO THE
EXISTING DESTINATION VISITOR ATTRACTION ("ADDITIONAL CAPITAL
IMPROVEMENTS"), PROVIDED THE SIZE, TYPE, STRUCTURE AND MARKETING, AMONG
OTHER THINGS, IS OF SUCH A SCOPE, AS DETERMINED IN THE REASONABLE
DISCRETION OF THE CITY OF MIAMI ("CITY"), TO BE ANCILLARY TO THE DESTINATION
VISITOR ATTRACTION; ESTABLISHING PERCENTAGE RENT FOR THE ADDITIONAL
CAPITAL IMPROVEMENTS AT AN AMOUNT EQUAL TO 1% OF GROSS REVENUE RECEIVED
BY THE SUBTENANT OR, IF OPERATED BY OTHER THAN A SUBTENANT, THE OPERATOR
OF THE ADDITIONAL IMPROVEMENTS; FURTHER MODIFYING THE FORMULA FOR
CALCULATING THE CITY'S TRANSFER FEE, AND WITH SUCH OTHER TERMS AND
CONDITIONS AS MORE FULLY SET FORTH IN SAID MODIFICATION.
Sponsors:
Notes:
Indexes:
Attachments: 08-01044 Legislation.pdf,08-01044 Exhibit.pdf,08-01044 Exhibit 2.pdf,08-01044 Summary Form.pdf,
History of Legislative File
Version: Acting Body:
Date: Action: Sent To:
Due Date: Return Date: Result:
Office of the City 9/3/2008
Attorney
City Commission 9/11/2008
Office of the Mayor 9/15/2008
Office of the City Clerk 9/15/2008
Reviewed and
Approved
ADOPTED
Signed by the Mayor Office of the City
Clerk
Signed and Attested
by City Clerk
Pass
City of Miami Page 1 Printed on 5/12/2017