HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-16-0520
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 1134
Revision: A
File Name: Amend Lease Agrmt - Overtown Youth Center
Requesting Dept: Department of Real Estate and Asset
Management
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 9/29/2016
Final Action Date: 10/27/2016
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY AND BOND COUNSEL, AMENDMENT NO. 2
("AMENDMENT") TO THE EXISTING LEASE AGREEMENT BETWEEN THE CITY OF
MIAMI ("CITY") AND THE OVERTOWN YOUTH CENTER, INC. ("OVERTOWN YOUTH
CENTER"), A FLORIDA NOT FOR PROFIT CORPORATION, DATED FEBRUARY 28,
2001, ("LEASE") IN COMPLIANCE WITH INTERNAL REVENUE SERVICE SAFE
HARBOR RULES AND PURSUANT TO AN EXEMPTION GRANTED UNDER SECTION
29-B OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, FOR THE
LEASING OF APPROXIMATELY FIFTY SEVEN THOUSAND THREE HUNDRED
SIXTEEN (57,316) SQUARE FEET OF THE CITY'S PROPERTY LOCATED AT GIBSON
PARK, 380 NORTHWEST 14TH STREET, MIAMI, FLORIDA, FOR THE NON-
EXCLUSIVE PROVISION OF PUBLIC EDUCATIONAL AND RECREATIONAL
OPPORTUNITIES, AT NO COST, TO THE INNER CITY YOUTH AND THEIR FAMILIES
RESIDING IN THE OVERTOWN AREA, WITH SAID AMENDMENT PROVIDING FOR
AN EXTENSION OF THIRTY (30) ADDITIONAL YEARS ABOVE AND BEYOND THE
REMAINING APPROXIMATE TWENTY (20) YEAR TERM OF THE LEASE FOR A
TOTAL REMAINING TERM OF APPROXIMATELY FIFTY (50) YEARS, IN EXCHANGE
FOR AN INVESTMENT BY THE OVERTOWN YOUTH CENTER OF NO LESS THAN
TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00) FOR THE
CONSTRUCTION OF A NEW FACILITY.
Notes:
Links:
Attachments: 1134 Exhibit (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Aldo Bustamante
Everton Garvis
Christopher M Rose
Alberto N. Parjus
Daniel J. Alfonso
A Legislative Division
A City Commission
A City Commission
A City Commission
A City Commission
10/13/2016
10/17/2016
10/17/2016
10/17/2016
10/18/2016
10/24/2016
10/27/2016
10/27/2016
10/27/2016
10/27/2016
Department Head Review
Budget Analyst Review
Budget Review
Assitant City Manager Review
City Manager Review
Legislative Division Review
Meeting
ADOPTED
RECONSIDERED
ADOPTED WITH
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
Passed
Passed
City of Miami Page 1 of 2 Printed on: 3/11/2025
City of Miami
Master Report
Enactment Number: R-16-0520
MODIFICATION(S)
A Mayor's Office 11/4/2016 Signed by the Mayor Completed
A City Clerk's Office 11/4/2016 Signed and Attested by the City Completed
Clerk
A Legislative Division 12/15/2016 Legislative Division Review Completed
A Barnaby L. Min 12/15/2016 Deputy Attorney Review Completed
A Barnaby L. Min 1/9/2017 Approved Form and Completed
Correctness with Modification(s)
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 3/11/2025