Loading...
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 Page 1 of 2 f SIGN AND DATE) J CIP Budget ) J C /,,y 4/0r_ If using or receiving capital funds Grants Risk Management AlIlk Purchasing Dept. Direct `► a & Chief dCity Manager ►�iiFII Paee 2 of 2