HomeMy WebLinkAboutR-18-0569City of Miami
Resolution R-18-0569
Legislation
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.
City of Miami Page 1 of 2 File ID: 5121 (Revision:) Printed On: 4/7/2025
File ID: 5121 Enactment Number: R-18-0569
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity ttor ey 12/372018
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.
City of Miami Page 2 of 2 File ID: 5121 (Revision:) Printed on: 4/7/2025