HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-18-0211
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4164
Revision:
File Name: Lease Agreement - One Flagler, LLC
Requesting Dept: Department of Real Estate and Asset
Management
File Type: Resolution
Status: ADOPTED
Controlling Body: City Commission
Introduced: 5/14/2018
Final Action Date: 5/24/2018
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
RESCINDING RESOLUTION NO. 18-0046, ADOPTED FEBRUARY 8, 2018, WHICH
AUTHORIZED THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT FOR
OFFICE SPACE FOR COMMUNITY AND ECONOMIC DEVELOPMENT ("CED") WITH
DOWNTOWN 33, LLC AND SUBSTITUTING IN LIEU THEREOF THIS RESOLUTION
AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT
("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN
THE CITY OF MIAMI ("CITY") AND ONE FLAGLER, LLC. ("LESSOR"), FOR THE USE
OF APPROXIMATELY ELEVEN THOUSAND THREE HUNDRED NINETY SQUARE
FEET (11,390 SF) OF OFFICE SPACE IN THE BUILDING LOCATED AT 14
NORTHEAST 1ST AVENUE, MIAMI, FLORIDA, FOR CED, WITH A MONTHLY RENTAL
FEE OF TWENTY TWO THOUSAND THREE HUNDRED FIVE DOLLARS AND FORTY
TWO CENTS ($22,305.42), WITH ADDITIONAL OPERATING EXPENSES ESTIMATED
AT TWO DOLLARS PER SQUARE FOOT ($2.00 PSF) AND INCREASES OF TWO AND
A HALF PERCENT (2.5%) PER YEAR, FOR A PERIOD OF FIVE (5) YEARS WITH
TWO (2) ADDITIONAL THREE (3) YEAR OPTIONS TO RENEW; WITH TERMS AND
CONDITIONS AS MORE SPECIFICALLY SET FORTH IN THE ATTACHED LEASE
PROPOSAL, ATTACHED AND INCORPORATED AS EXHIBIT "A", AND TO BE
FURTHER DETAILED IN SAID AGREEMENT.
Notes:
Links:
Attachments: 4164 Exhibit (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Aldo Bustamante
Yvette Smith
Christopher M Rose
Fernando Casamayor
Nikolas Pascual
Legislative Division
Barnaby L. Min
Victoria Mendez
City Commission
City Commission
Mayor's Office
City Clerk's Office
5/14/2018
5/15/2018
5/15/2018
5/15/2018
5/15/2018
5/15/2018
5/15/2018
5/15/2018
5/24/2018
5/24/2018
5/24/2018
5/24/2018
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
Deputy City Attorney Review
Approved Form and
Correctness
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 3/31/2025
City Clerk's Office
City of Miami
Master Report
Enactment Number: R-18-0211
Clerk
5/24/2018 Rendered
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Completed
City of Miami Page 2 of 2 Printed on: 3/31/2025