HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-15-0082
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00021
Version: 1
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Auth. Lease Agrmt. w/Virginia Key Outdoor Center, LLC
Requester: Department of Real Estate and Cost:
Asset Management
Introduced: 1/6/2015
Final Action: 2/26/2015
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING
THE CITY MANAGER'S RECOMMENDATION APPROVING THE FINDINGS OF THE
SELECTION COMMITTEE THAT VIRGINIA KEY OUTDOOR CENTER, LLC ("PROPOSER") IS
THE TOP RANKED PROPOSER FOR REQUEST FOR LETTERS OF INTEREST NO. 12-13-068,
FOR A LEASE OF CITY OF MIAMI OWNED PROPERTY FOR A RECREATIONAL SUPPORT
FACILITY LOCATED AT 3801 RICKENBACKER CAUSEWAY, MIAMI, FLORIDA;
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE A LEASE, IN
SUBSTANTIALLY THE ATTACHED FORM, SUBJECT TO THE REVIEW AND APPROVAL OF
THE CITY ATTORNEY, FOR A TERM OF FIVE (5) YEARS AND MINIMUM RENT FOR LEASE
YEAR ONE (1) OF SEVEN HUNDRED FIFTY DOLLARS ($750.00) PER MONTH, AND
PERCENTAGE RENT OF FIVE PERCENT (5%) OF GROSS REVENUES UP TO FIVE HUNDRED
THOUSAND DOLLARS ($500,000.00) AND TEN PERCENT (10%) OF GROSS REVENUES IN
EXCESS OF FIVE HUNDRED THOUSAND DOLLARS ($500,000.00); FOR LEASE YEAR TWO (2)
AND THEREAFTER, TENANT SHALL PAY A MINIMUM RENT OF ONE THOUSAND DOLLARS
($1,000.00) PER MONTH AND A MINIMUM PERCENTAGE RENT OF TEN PERCENT (10%) OF
GROSS REVENUES UP TO FIVE HUNDRED THOUSAND DOLLARS ($500,000.00) AND
TWELVE PERCENT (12%) OF GROSS REVENUES IN EXCESS OF FIVE HUNDRED THOUSAND
DOLLARS ($500,000.00), WITH TERMS AND CONDITIONS MORE PARTICULARLY
DESCRIBED IN THE LEASE.
Sponsors:
Notes:
Indexes:
Attachments: 15-00021 Summary Form.pdf,15-00021 Memo - City Manager's Approval.pdf,15-00021 Evaluation
Forms.pdf,15-00021 Request for Letters of Interest.pdf,15-00021 Legislation.pdf,15-00021 Exhibit -
Agreement.pdf,15-00021 Exhibit - Lease 02.12.15.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 2/10/2015 Reviewed and
Attorney Approved
1 City Commission 2/12/2015 DEFERRED Pass
1 City Commission 2/26/2015 ADOPTED Pass
1 Office of the Mayor 3/6/2015 Signed by the Mayor Office of the City
Clerk
City ofMiami Page 1 Printed on 2/6/2018
City of Miami
Master Report
Enactment Number: R-15-0082
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
1 Office of the City Clerk 3/6/2015 Signed and Attested
by City Clerk
City of Miami Page 2 Printed on 2/6/2018