HomeMy WebLinkAboutR-18-0211City of Miami
Resolution R-18-0211
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4164 Final Action Date: 5/24/2018
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.
WHEREAS, the City of Miami's ("City") Department of Real Estate and Asset
Management ("DREAM") was tasked by the City Administration to find suitable office space to
move the Community and Economic Development ("CED") Department to a nearby location to
enable the necessary growth of other City Departments; and
WHEREAS, on February 8, 2018, the City Commission adopted Resolution No. 18-0046
authorizing an agreement with 33 Downtown, LLC to serve this purpose; and
WHEREAS, during the due diligence period, it was determined that the construction
costs associated with the buildout of the space would be cost prohibitive; and
WHEREAS, as a result, DREAM further reviewed the current inventory of office space(s)
on the market and was able to locate a suitable location that fits the needs of CED and includes
the build out of the space at a base rate of $23.50 per square foot, with additional operating
expenses estimated at $2.00 per square foot, a security deposit equal to one month's rent, and
increases of two and a half percent (2.5%) per year; and
WHEREAS, the City and One Flagler, LLC ("Lessor") wish to enter into a Lease
Agreement ("Agreement") for a period of five (5) years with two (2) additional three (3) year
options to renew, in a form acceptable to the City Attorney; and
City of Miami Page 1 of 2 File ID: 4164 (Revision:) Printed On: 3/31/2025
File ID: 4164 Enactment Number: R-18-0211
WHEREAS, funds for the buildout of the space are to be allocated from Office of Capital
Improvements ("OCI") Project No. 40-B183101;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
hereby adopted by reference and incorporated as if fully set forth in this Section.
Section 2. Resolution No. 18-0046, adopted February 8, 2018, is hereby rescinded.
Section 3. The City Manager is hereby authorized1 to execute an Agreement, in a form
acceptable to the City Attorney, between the City and the Lessor for the use of approximately
Eleven Thousand Three Hundred Ninety (11,390) square feet of office space in the building
located at 14 Northeast 1st Avenue, Miami, Florida for the 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 a Lease Proposal, attached and incorporated as Exhibit "A", and to be further detailed in
said Agreement.
Section 4. Funds for the rent are to be allocated from CED's budget and funds for the
buildout of the space are to be allocated from OCI Project No. 40-B183101.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey 5/15/2018
1 The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 4164 (Revision:) Printed on: 3/31/2025