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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #5121 Date: 11/26/2018 Commission Meeting Date: 12/13/2018 Requesting Department: Department of Real Estate and Asset Management Sponsored By: District Impacted: District 2 Type: Resolution Subject: Defer Any Further Action - Rickenbacker Marina, Inc. Purpose of Item: A Resolution of the Miami City Commission, indefinitely deferring further action on the "Notice to Vacate" sent to Rickenbacker Marina, Inc. ("RMI") subject to RMI paying to the City an amount equal to one hundred thousand dollars ($100,000) per month in addition to RMI's monthly holdover rent. Background of Item: The City of Miami ("City") is the owner of the waterfront property, marine facility and submerged lands located generally at 3301 Rickenbacker Causeway, Virginia Key, Miami, Florida ("Property"). Rickenbacker Marina, Inc. ("RMI") is a holdover tenant of the subject Property on a month to month basis per the Settlement Agreement and Release between the City and RMI, dated September 22, 2015 ("Settlement Agreement"). Pursuant to Resolution R-18-0397, the City issued a letter on September 14, 2018 providing RMI notice to vacate the Property in accordance with the Settlement Agreement. Per the Directive of the City Commission by Resolution R-18-0430, the City issued another letter on September 28, 2018 to RMI, which stayed the notice to vacate until December 13, 2018. The City anticipates, expects, and believes that RMI will be timely paying one hundred thousand dollars ($100,000) each month, in additional holdover rent, as long as they remain on the Property as a holdover tenant pursuant to the Settlement Agreement. Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $ 100,000 per month (on a month -to -month basis) General Account No: 04002.221100.448000 Reviewed B Real Estate and Asset Management Daniel Rotenberg Department Head Review Completed 11/26/2018 4:33 PM Office of Management and Budget Everton Garvis Budget Analyst Review Completed 11/27/2018 1:20 PM Office of Management and Budget City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Christopher M Rose Fernando Casamayor Nikolas Pascual Valentin J Alvarez Carolina Aguila Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office Budget Review Assistant City Manager Review City Manager Review Legislative Division Review Deputy City Attorney Review Approved Form and Correctness Meeting Signed by the Mayor Signed and Attested by the City Rendered Completed Completed Completed Completed Skipped Completed Completed Completed Clerk Completed Completed 11/27/2018 2:03 PM 11/27/2018 2:08 PM 11/27/2018 2:11 PM 12/03/2018 9:11 AM 11/27/2018 3:35 PM 12/03/2018 3:34 PM 12/13/2018 9:00 AM 12/21/2018 4:20 PM 12/21/2018 5:00 PM 12/21/2018 5:00 PM City of Miami Legislation Resolution Enactment Number: R-18-0569 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 5121 Final Action Date:12/13/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION INDEFINITELY DEFERRING FURTHER ACTION ON THE "NOTICE TO VACATE" SENT TO RICKENBACKER MARINA, INC. ("RMI") SUBJECT TO RMI PAYING TO THE CITY AN AMOUNT EQUAL TO ONE HUNDRED THOUSAND DOLLARS ($100,000.00) PER MONTH IN ADDITION TO RMI'S MONTHLY HOLDOVER RENT. WHEREAS, the City of Miami ("City") is the owner of that certain waterfront marine facility and submerged lands located generally at 3301 Rickenbacker Causeway, Virginia Key, Miami, Florida ("Property"); and WHEREAS, Rickenbacker Marina Inc. ("RMI") is a holdover tenant of the subject Property on a month to month basis per the Settlement Agreement and Release between the City and RMI, dated September 22, 2015 ("Settlement Agreement"); and, WHEREAS, pursuant to Resolution No. 18-0397, adopted on September 13, 2018 the City Commission directed the City Administration to issue a fifteen (15) day "Notice to Vacate" the Property to RMI; and WHEREAS, pursuant to Resolution No. 18-0430, adopted on September 27, 2018, the City Commission stayed the "Notice to Vacate" until the December 13, 2018, City Commission meeting in consideration of payments of additional holdover rent of three hundred fifty thousand dollars ($350,000.00) received from RMI; and WHEREAS, the City anticipates, expects, and believes that RMI will be timely paying one hundred thousand dollars ($100,000.00) each month, in additional holdover rent, as long as they remain on the Property as a holdover tenant pursuant to the Settlement Agreement; 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 adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Commission hereby indefinitely defers further action regarding the fifteen (15) day "Notice to Vacate" sent by the City to RMI dated September 14, 2018 as long as RMI is timely paying an amount equal to one hundred thousand dollars ($100,000.00) each month in addition to RMI's monthly rent and is not otherwise in violation of the Settlement Agreement; provided, however, that the City Commission may take up this matter at any time. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' 1 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. APPROVED AS TO FORM AND CORRECTNESS: ndez, City Httor ey ) 12/3/2018