HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: //— 00/2a/
Date: 02/01/2011
Commission Meeting Date: 3/10/2011
Type: ® Resolution ❑ Ordinance
❑ Other
Subject: Third Amendment to Lease Agreement between City of Miami and Rickenbacker Marina, Inc.,
for city -owned property located at 3301 Rickenbacker Causeway, Miami, Florida.
Requesting Department: Public Facilities/Asset Mgmt.
District Impacted: 2
Emergency Ordinance ❑ Discussion Item
Law Department
Matter ID No.
11-1
Purpose of Item:
A Resolution of the Miami City Commission, 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"), for property located at
3301 Rickenbacker Causeway, Miami, Florida ("Property"), to modify the legal description of a
portion of the submerged lands for the purpose of providing said lease area to Biscayne Bay
Restaurant Corporation d/b/a Rusty Pelican ("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.
Background Information: See attached
Budget Impact Analysis.
No Is this item related to revenue?
No Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
No Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? ^J
/ /
I:
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
n/a
n/a
n/a
Final Approvals
(SIGN AND DATE)
CIP N/A Budget
Risk Management
If using or receiving capital funds
Grants N/A
Purchasing N/A �� Dept. Director
City Manager
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N/A
Subject: Third Amendment to Lease Agreement between City of Miami and Rickenbacker Marina,
Inc., for city -owned property located at 3301 Rickenbacker Causeway, Miami, Florida.
Background Information:
The City of Miami ("City" or "Lessor") and Rickenbacker Marina, Inc. ("Lessee") obtained a new
topographical survey of the Property for Lessee to proceed with their capital improvements, which
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 submerged land lease area. The City
and Lessee are requesting a modification of a portion of the legal description for the submerged lands to
favor Rusty Pelican, so that Rusty Pelican can complete capital improvements approved in their
Amendment No. 3.
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