HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-20-0386
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7867
Revision:
File Type: Resolution
File Name: Execute Lease Agreement - Miami Firefighters
Credit Union
Status: ADOPTED
Controlling Body: City Commission
Introduced: 9/10/2020
Requesting Dept: Department of Real Estate and Asset Final Action Date: 11/19/2020
Management
Title: A RESOLUTION OF THE CITY OF MIAMI COMMISSION PURSUANT TO SECTION 29-
B(F) OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED,
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A LEASE
AGREEMENT ("LEASE"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
BETWEEN THE CITY OF MIAMI ("CITY") AND MIAMI FIREFIGHTERS FEDERAL
CREDIT UNION, A FEDERALLY CHARTERED CREDIT UNION UNDER THE LAWS OF
THE UNITED STATES ("LESSEE"), FOR THE USE AND OCCUPANCY OF A CERTAIN
PORTION OF CITY -OWNED PROPERTY LOCATED AT 1103 NORTHWEST SOUTH
RIVER DRIVE, MIAMI, FLORIDA 33136 FOR AN INITIAL PERIOD OF FIFTEEN (15)
YEARS WITH TWO (2) FIVE (5) YEAR OPTIONS TO RENEW TO OPERATE A FULL -
SERVICE BANKING FACILITY FOR THE BENEFIT AND CONVENIENCE OF CITY
EMPLOYEES INCLUDING AUTOMATED TELLER MACHINES AND THE PROVISION
AND/OR SALE OF SUCH SERVICES, ITEMS, OR PRODUCTS THAT INCLUDE, BUT
ARE NOT LIMITED TO, LIFE INSURANCE, DISABILITY INSURANCE, ACCIDENTAL
DEATH AND DISMEMBERMENT INSURANCE, CREDIT INSURANCE,
HOMEOWNER'S INSURANCE, AUTOMOBILE INSURANCE, GAP INSURANCE,
EXTENDED WARRANTIES, AUTOMOBILE PURCHASING SERVICES, AND
INVESTMENT SERVICES; WITH A RENT TO THE CITY OF SIXTY-SIX THOUSAND
EIGHT HUNDRED FIFTY DOLLARS AND 00/100 CENTS ($66,850.00) PER ANNUM IN
MONTHLY INSTALLMENTS OF FIVE THOUSAND FIVE HUNDRED SEVENTY
DOLLARS AND 83/100 CENTS ($5,570.83) WITH CERTAIN RENT CREDITS AND
OTHER TERMS AND CONDITIONS AS MORE SPECIFICALLY SET FORTH IN THE
LEASE.
Notes:
Links:
Attachments: 7867 Back -Up Documents (PDF)
7867 Back -Up Documents - Final Miami Firefighters Federal Credit Union Appraisal (PDF)
7867 Notice to the Public (PDF)
7867 Back -Up from Law Dept (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Aldo Bustamante
Pedro Lacret
Christopher M Rose
Fernando Casamayor
Arthur Noriega V
9/15/2020
9/15/2020
9/15/2020
9/15/2020
9/15/2020
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Completed
Completed
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 5/13/2025
Legislative Division
Daniel Diaz
Barnaby L. Min
Victoria Mendez
City Commission
City Commission
Mayor's Office
City Clerk's Office
City Clerk's Office
City of Miami
Master Report
Enactment Number:
11/4/2020
11/4/2020
11/4/2020
11/5/2020
11/19/2020
11/19/2020
11/30/2020
11/30/2020
11/30/2020
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
R-20-0386
Legislative Division Review
ACA Review
Deputy City Attorney Review
Approved Form and
Correctness
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Rendered
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 5/13/2025