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HomeMy WebLinkAboutR-22-0352City of Miami Resolution R-22-0352 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12505 Final Action Date: 9/22/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN ADDENDUM ("AGREEMENT") TO THE LEASE AGREEMENT BETWEEN THE CITY OF MIAMI AND TMSA ALTIS 5040 LLC FOR THE CITY OF MIAMI'S CONTINUED USE OF APPROXIMATELY NINE THOUSAND TWO HUNDRED EIGHTY SQUARE FEET ("9,280 SQ. FT.") OF OFFICE SPACE LOCATED AT 5040 NORTHWEST 7 STREET, MIAMI, FLORIDA ("PROPERTY"), FOR THE PURPOSE OF EXTENDING THE TERM OF THE LEASE BETWEEN THE CITY OF MIAMI ("CITY") AND CURRENT OWNER VALORO MED OWNER, LLC ("LESSOR"), FOR THE OPERATION OF THE INTERNAL AFFAIRS DIVISION OF THE MIAMI POLICE DEPARTMENT ("MPD"), FOR AN INITIAL MONTHLY RENTAL FEE IN AN AMOUNT NOT TO EXCEED APPROXIMATELY TWENTY THREE THOUSAND NINE HUNDRED SEVENTY FOUR DOLLARS ($23,974.00) (APPROXIMATELY $31.00 PER SQUARE FOOT PER YEAR), ALL INCLUSIVE AND WITH ANNUAL INCREASES, FOR A PERIOD OF FIVE (5) YEARS, AS MORE PARTICULARLY SET FORTH IN THE PROPOSAL ATTACHED AND INCORPORATED AS EXHIBIT A ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY; ALLOCATING FUNDS FROM THE MPD'S BUDGET, WITH TERMS AND CONDITIONS AS MORE SPECIFICALLY SET FORTH HEREIN AND IN SAID AGREEMENT. WHEREAS, the City of Miami ("City") entered into a Lease Agreement dated June 15, 2015, as assigned and amended ("Lease"), providing for the use of nine thousand two hundred eighty (9,280) square feet of office space located at 5040 Northwest 7 Street, Miami, Florida, by the Miami Police Department's ("MPD") Internal Affairs Division ("Division"); and WHEREAS, the Lease is set to expire October 31, 2022, and the Division wishes to execute an Addendum to the lease agreement for the purposes of extending the Lease for the continued use of the office space with the current owners Valoro Med Owner LLC ("Lessor"); and WHEREAS, the City, with broker NAI Miami's assistance, has negotiated a rental rate for the use and occupancy of the premises at a rate of thirty-one dollars ($31) per square foot on an annual basis, escalating by one dollar ($1) per square foot on each anniversary thereafter, inclusive of all operating expenses; and WHEREAS, the City and Lessor wish to enter into an Addendum to Lease ("Agreement") to extend the term of the Lease for a period of five (5) years, as more particularly set forth in the proposal attached and incorporated as Exhibit "A" ("Proposal"); and WHEREAS, the City Manager is authorized to negotiate and execute the Agreement in a form acceptable to the City Attorney. City of Miami Page 1 of 2 File ID: 12505 (Revision:) Printed On: 6/20/2025 File ID: 12505 Enactment Number: R-22-0352 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 fully set forth in this Section. Section 2. The City Manager is hereby authorized' to negotiate and execute an Agreement, in a form acceptable to the City Attorney, for the purpose of extending the term of the Lease, for the City's continued use of approximately nine thousand two hundred eighty (9,280) square feet of office space located at 5040 Northwest 7 Street, Miami, Florida, for the operation of the Division, with a monthly rental fee in an amount not to exceed approximately twenty three thousand nine hundred seventy four dollars ($23,974.00) (approximately $31.00 per square foot), all-inclusive and with annual increases, for a period of five (5) years as set forth in the Proposal, with funds allocated from the MPD's budget, and with terms and conditions as more specifically set forth in said Agreement. Section 3. This Resolution shall become effective immediately. APPROVED AS TO FORM AND CORRECTNESS: -- "r( ez, City ttor 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 Code provisions City of Miami Page 2 of 2 File ID: 12505 (Revision:) Printed on: 6/20/2025