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HomeMy WebLinkAboutR-11-0103City of Miami Legislation Resolution: R-11-0103 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00120 Final Action Date: 3/10/2011 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A THIRD AMENDMENT TO THE LEASE AGREEMENT ("THIRD AMENDMENT") BETWEEN THE CITY OF MIAMI ("CITY" OR LESSOR") AND RICKENBACKER MARINA, INC., A FLORIDA CORPORATION ("LESSEE"), IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE PROPERTY LOCATED AT 3301 RICKENBACKER CAUSEWAY, MIAMI, FLORIDA, TO MODIFY THE LEGAL DESCRIPTION OF A PORTION OF THE SUBMERGED LANDS OF LESSEE, AS STATED HEREIN, FOR THE PURPOSE OF PROVIDING SAID LEASE AREA TO BISCAYNE BAY RESTAURANT CORPORATION D/B/A RUSTY PELICAN, NECESSARY TO COMPLY WITH CAPITAL IMPROVEMENTS REQUIRED BY THE CITY, APPROVED IN THEIR AMENDMENT NO. 3, WITH ADDITIONAL TERMS AND CONDITIONS AS MORE PARTICULARLY SET FORTH IN THE THIRD AMENDMENT. WHEREAS, the City of Miami ("City" or "Lessor") is the owner of real property and improvements located at 3301 Rickenbacker Causeway, Miami, Florida (the "Property"); and WHEREAS, Rickenbacker Marina, Inc., a Florida for profit corporation ("Lessee"), leases City -owned property from the City under a lease ("Lease") dated July 8, 1977, as assignee pursuant to that assignment of the lease dated January 31, 1983, from Michael D. Brandon as Trustee under an unrecorded trust for Marina Biscayne, Ltd.; and WHEREAS, the Lease was subsequently assigned to Rickenbacker Marina, Inc. pursuant to that assignment of the lease dated June 25, 1986, for the operation of a full service waterfront marina; and WHEREAS, the term of the Lease, together with the options to renew, was set to expire on January 7, 2009; and WHEREAS, Lessee requested the City to extend the term of the Lease in order to amortize the cost of certain capital improvements that Lessee plans to perform on the Property; and WHEREAS, on December 11, 2008, pursuant to Resolution No. 08-0704, the City Commission by a four -fifths (4/5ths) affirmative vote, in accordance with Section 29-B of the Charter of the City of Miami, Florida, authorized the extension of the term of the Lease for a period not to exceed seven and one-half (71/2) years subject to certain other requirements, including the requirement that the City and Lessee negotiate the terms of an amendment to the Lease ("Amendment") on or before March 3, 2009, with said negotiated terms to be brought back for City Commission approval on or before March 12, 2009; and WHEREAS, the City and Lessee entered into a First Amendment to Lease effective January City of Miami Page 1 of 3 File Id: 11-00120 (Version: 1) Printed On: 9/28/2017 File Number: 11-00120 Enactment Number: R-11-0103 8, 2009, for the purpose of extending the term of the wet storage facilities including moorings, restaurant and tiki deck, restrooms/showers, office/store and fuel dock facilities, and other ancillary facilities and services of the Property, for seven and one-half (71/2) years to July 7, 2016, and the dry storage facilities of the Property for a term of four and one-half (41/2) years to July 7, 2013, with three (3) one (1) year options to renew the Lease, subject to approval by the City Manager; and WHEREAS, pursuant to Resolution No. 10-0226, adopted June 6, 2010, the City Commission authorized a Second Amendment to Lease, for the purpose of modifying the term of the dry storage facilities from three (3) one (1) year options to one (1) three (3) year option, thereby matching the dry -storage term of the Lease with the wet storage term of the Lease, from January 8, 2009 to July 7, 2016, in order to allow Lessee to amortize the additional cost of certain capital improvements it plans to perform on the Property, subject to approval by the City Manager; and WHEREAS, a new topographical survey of Lessee determined that a portion of the submerged lands of Biscayne Bay Restaurant Corporation d/b/a Rusty Pelican's ("Rusty Pelican") lease area is located within Lessee's bay bottom lease area; and WHEREAS, the City and Lessee have agreed to modify the legal description of a portion of the submerged lands of Lessee to exclude a portion of bay bottom lands in Lessee's bay bottom lease area in favor of Rusty Pelican, in order for Rusty Pelican to complete its capital improvements requirement; 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 Third Amendment to the Lease between the City and the Lessee, in substantially the attached form, for the Property, to modify the legal description of a portion of the submerged lands of Lessee to exclude 522.72 square feet of submerged land to favor Rusty Pelican, in order for Rusty Pelican to comply with capital improvements required by the City, approved in their Amendment No. 3, with additional terms and conditions as more particularly set forth in the Third Amendment. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} Footnotes: City of Miami Page 2 of 3 File Id: 11-00120 (Version: 1) Printed On: 9/28/2017 File Number: 11-00120 Enactment Number: R-11-0103 {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 3 of 3 File Id: 11-00120 (Version: 1) Printed On: 9/28/2017