HomeMy WebLinkAboutsummary formAGENDA ITEM SUKMARY FORM
FILE ID: D 5 ` ? 0 1,5 1
Date: 2/7/2005
Commission Meeting Date: 3/1 Q/2005
Requesting Department: Economic Development
District Impacted: 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Supplemental Agreement No. 1 between the City of Miami and the Federal Aviation
Department (FAA) for the use of a Vortac Site at Virginia Key. Miami. Florida.
Purpose of Item:
A Resolution of the City of Miami Commission, authorizing the City Manager to execute a.
Supplemental Agreement ("Agreement"), in substantially the attached form, with the United States
Department of Transportation, Federal Aviation Administration (FAA) ("Lessee"), a federal agency,
for the use of approximately 60,000 square feet (1.3774 acres) on Virginia Key ("Property"), for use
as a Very High Frequency Omni -directional Range and Tactical Air Navigational (Vortac) facility, to
provide for the reinstatement of the Agreement and extension of same for a maximum of two (2)
additional one-year terms, commencing October 1, 2004, with an initial base rent of $17,832.36
yearly or $1,486.03 monthly. The Resolution further authorizes the City Manager to extend such
Agreement for the two additional one-year terms, with terms and conditions more particularly set
forth in the Agreement.
Background Information:
The Supplemental Agreement will extend a Lease Agreement with the FAA which expired September
30, 2004 for a maximum of two additional one-year terms. The Supplemental Agreement will allow
the City additional time to complete the Virginia Key Master Plan and to review the appropriateness
of future lease extensions for this Vortac facility.
Budget Impact Analysis
YES 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?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
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