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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 14-01046 Date: 10/16/2014 Requesting Department: Real Estate and Asset Management Commission Meeting Date: 11/20/14 District Impacted: N/A Type: ® Resolution ['Ordinance n Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Lease Agreement with Golden Sands Allapattah Corporation to rent office space for use by the Miami Police Department's Internal Affairs Division. Law Department Matter ID No. 14-1294 Purpose of Item: A Resolution of the Miami City Commission authorizing the City Manager to execute a Lease Agreement, in substantially the attached form (the "Lease"), between the City of Miami ("City") and Golden Sands Allapattah Corporation, Inc. (the "Lessor"), for the use of approximately 9,000 square feet of the property located in Miami, Florida (the "Premises"), for the purpose of providing office space for the Internal Affairs Division of the Miami Police Department with a monthly rent of $11,205.00 ($14.94 per square foot), for the period of three (3) years and two (2) renewal options of one (1) year each, allocating funds from the Miami Police Department's budget, with terms and conditions as more specifically set forth in said Lease. Background Information: Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: 00001.190001.544000.0000.00000 Special Revenue Account No: C!P Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: r $134,460.00 per year Final Approvals SIGN AND DATE, CIP N/A Budge �'d -/ (O d9 If using or receiving capital fundsVM Grants N/A Risk Management ,/A Purchasing N/A Dept. birector if y �r . Chief City Manager4 , •f t 1 Page 1 of 2 Subject: Lease Agreement with Golden Sands Allapattah Corporation to rent office space for use by the Miami Police Department's Internal Affairs Division. Background Information: Pursuant to Resolution No. 10-0053, adopted February 11, 2010, the City Commission authorized the City Manager to enter into a lease agreement with Golden Sands Allapattah Corporation ("Lessor"), for the use of 9,000 square feet of office space at 1313 Northwest 36th Street, Miami, Florida ("Property"). The Agreement has expired and the Internal Affairs Division of the Miami Police Department needs office space and wishes to pursue a new lease agreement (the "Lease") with the Lessor. The City and the Lessor wish to enter into this Lease for the period of three (3) years, with the option to renew 'for two (2) successive terms of one (1) year each, subject to the Rent increases provided for in Section 4 of the Lease. L ae' Page 2 of 2