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HomeMy WebLinkAboutSummary FormDate: 10/30/2012 AGENDA ITEM SUMMARY FORM FILE ID: /4-o/IV? Requesting Department: Public Facilities (Asset Management Division) Commission Meeting Date:' 11/15/2012 District Impacted: 2 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ['Other Subject: Revocable License Agreement with Grove Key Marina, LLC for the occupancy of City of Miami -owned property located at 3385 Pan American Drive, Miami, Florida Law Department Matter ID No. 12- 2258 Purpose of Item: A Resolution of the City. of Miami Commission, with attachment(s), authorizing the City Manager to execute a Revocable License Agreement ("Agreement"), in substantially the attached form, between the City of Miami ("City") and Grove Key Marina, LLC, ("Licensee"), for the use of City -owned real property and improvements located at 3385 Pan American Drive, Miami, Florida ("Property"), for the purpose of operating an existing marina and an existing outdoor casual restaurant with the Licensee to pay to the City the greater of a minimum monthly use fee of Forty-three Thousand Fifty Dollars ($43,050.00), plus State of Florida Use Tax, if applicable, or a percentage of gross sales, with additional terms and conditions, as more particularly set forth in said Agreement. Background Information: See Attached. Budget Impact Analysis YES Is this item related to revenue? 04002.221100.448000 NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Account No (LETF): CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $387,450.00 minimum (Jan- Sep 2013) Final Approvals (SIGN AND DATE) CIP N/A Budget If using or receiving capital funds Grants N/A Risk Management Purchasing N/A Dept. Director Chief City Manager J Page 1 of 2 Subject: Revocable License Agreement with Grove Key Marina, LLC for the occupancy of City of Miami -owned property located at 3385 Pan American Drive, Miami, Florida Background Information: The City of Miami ("City") owns certain property and improvements located at 3385 Pan American Drive, Miami, Florida ("Property"). On May 10, 2012, the City Commission ("Commission") adopted Resolution 12-0199 authorizing the City Manager to execute a Revocable License Agreement with Grove Key Marina, Inc. for the temporary use of the Property while the City issued a competitive solicitation process to select an operator who would use and occupy the Property on a long-term basis. The City undertook said competitive solicitation process but upon City Commission review of the results, it did not make a selection. The Revocable License Agreement will terminate on December 31, 2012. As such, the City desires to enter into a new Revocable License Agreement ("Agreement") with Grove Key Marina, LLC ("Licensee") to continue uninterrupted revenue to the City, uninterrupted service to the patrons of the waterfront marine facility and uninterrupted service to the patrons of the fueling services. Under the terms of the Agreement the Licensee shall pay to the City the greater of a minimum monthly use fee of Forty-three Fifty Dollars ($43,050.00), plus State of Florida Use Tax (if applicable), or a percentage of gross sales. Further terms include, but are not limited to, the Licensee continuing to remit to the City a monthly payment totaling Twelve Thousand Two Hundred Dollars ($12,200.00), which the City shall continue to place in an escrow account and transmit to Miami -Dade County for current year ad valorem taxes due on the Property; and, the City's use of certain enumerated equipment for a definite period of time after the Agreement's revocation, termination or expiration; and, additional terms and conditions as more particularly set forth in said Agreement. Page 2 of 2