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TERM SHEET
TO:
Ms. Jacqueline Lorenzo, Interim Director
Department of Real Estate & Asset Management (DREAM)
City of Miami
FROM: Javier E. Fernandez, Esq., on behalf of Shake -A -Leg Miami, Inc. (SAL)
SUBJECT: Proposed Term Sheet for the Revocable License Agreement for Continued Operation of
City -owned Facilities Located at 2600 S. Bayshore Drive (Folio No. 01-4122-002-0020)
("Property")
DATE: September 29, 2022
CC: Harry Horgan, Executive Director, Shake -A -Leg Miami, Inc.
This term sheet (the "Term Sheet") sets forth an outline of the basic terms for the revocable license
agreement (the "Agreement") that will govern SAL's use and occupancy of the City -owned facilities
located on the Property. This Term Sheet is presented to you for the City Commission's consideration and
approval and shall serve as the basis for the negotiation of an Agreement for SAL's use of the Property
between the City and SAL.
Licensee: Shake -A -Leg Miami, Inc., a Florida not -for -profit corporation
Property Description:
Description of Use:
City -owned and controlled lands and facilities located at 2600 S. Bayshore
Drive, Miami, FL 33131, as more particularly described in Exhibit A attached
hereto.
SAL shall use, occupy, and maintain the Property as a public recreation center
to provide water -dependent marine recreational, environmental, cultural and
educational opportunities to City residents, organized youth groups,
disadvantaged communities, organized community groups, and general
recreation. SAL shall ensure that the Property and all SAL activities, Regular
Events, Special Events and City Co -Sponsored Events conducted thereon
comply with all City rules and be available to all segments of the community,
including for individuals with disabilities and the financially disadvantaged.
Authorized programs may include but are not limited to: (i) group and private
instruction, lectures, classes and Special Events regarding sailing, kayaking,
fishing, water safety, and scuba/snorkeling; (ii) educational programs; (iii)
health and wellness programs; (iv) marine trade programs; (v) swimming
training & instruction; (vi) environmental education & community exhibits;
and (vii) community events (the "Programs").
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Permitted Ancillary Uses:
Prohibited Uses:
Permitted Use Areas:
SAL may operate a limited concession stand for the sale of snack foods, non-
alcoholic beverages, suntan lotion, and miscellaneous sundry items, including
SAL branded merchandise, for the public who engage in activities on the
Property. SAL shall, at its sole cost and expense, be responsible for all licenses
and permits required by the City for such an operation and limit such
commercial activities to the Use Areas. Finally, SAL may operate a concession
on the Property for the rental of non -motorized watercraft (e.g. kayaks, canoes
and the like) to members of the general public for a fee. Such fee shall be no
greater than that consistent with similar programs in the area and shall be
reduced for City of Miami Residents.
SAL shall not sell or otherwise allow the sale of alcoholic beverages on the
Property. The distribution or consumption of alcoholic beverages on the
Property may only occur as part of a planned and approved event which shall
be subject to the prior written approval of the City Manager or designee. Any
approved events involving the consumption, or distribution of alcohol shall
require SAL or the applicable event sponsor, to provide a liquor liability policy
from a reputable insurer and in such coverage amounts acceptable to the
City's Department of Risk Management and naming the City (and SAL as
applicable) as additional insured.
SAL shall not permit the following uses or activities on the Property:
1. Rental of motorized personal watercraft (e.g. jet skis or similar watercraft)
within the Use Areas (as described herein below);
2. Major maintenance, major repairs, or overhauling of any boat, other vessel
or craft, trailer, float, or other equipment, except when such maintenance
and repairs are being conducted by students participating in the marine
vocational training program operated by SAL on the Property;
3. Sale of marine fuel;
4. Or other such uses not reasonably necessary for the operation of Property
as a public recreation center, except as explicitly authorized by the prior
written approval of the City Manager.
The following areas shall be used by SAL during the term of the Agreement
(the "Use Areas"):
1. Parcel 1: This portion of the Property, approximately 56,492 sq. ft. in size,
is comprised the following buildings: (i) Watersports Recreation Center
(WRC) which shall be used by SAL for its programs, activities and
program administration; and (ii) Maritime Hanger which, with the
exception of one (1) office space (which shall be reserved for the City's
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Shared Use Areas:
Licensed Use Period:
Termination for
Convenience:
Rules & Regulations:
Charges for Services:
use) and the restroom (which may be used by any member of the public),
shall be used by SAL as a multi -purpose space for its programs, activities,
regular events and special events. The City, from time -to -time, may
conduct City Programs in the Hangar. City and SAL shall coordinate the
dates and times of such City use.
2. Parcel 3: — This portion of the property consists of 23,371 sq. ft. of
unimproved green space located immediately west and north of the
Maritime Hanger on Parcel 1 which shall be used by SAL for boat storage
of SAL vessels and seasonal transient dockage for regatta season.
It is the intent of the City and SAL that the following portions of the Property
always remain open and accessible to the public and shall be jointly used by
SAL and City: (i) Parcel 4 Upland; (ii) Parcel 4 Submerged Land; (iii) Parcel 5;
and (iv) Parcel 6 (collectively, the "Shared Use Areas"). Said portions of the
Property include the Public Baywalk, Public Dock and the immediately
adjacent submerged land. The City and SAL shall regularly consult to
coordinate the use of the Shared Use Areas.
15-year initial term ("Initial Term"); two (2) additional five (5) year extension
periods (the "Renewal Term") which SAL may exercise upon not less than
sixty (60) days' notice, prior to the expiration of the Initial Term or any renewal
term, as applicable.
Notwithstanding the above -outlined term, the City may terminate this
Agreement for convenience, in its sole discretion, with not less than thirty (30)
days written notice to SAL (the "Termination Notice"). Such a termination for
convenience shall be effective as of the 31st day following SAL's receipt of the
Termination Notice (the "Termination Date") unless such Termination Date is
extended in writing by mutual agreement of the City and SAL.
SAL shall comply with all rules and regulations, as the same may be amended
from time -to -time, promulgated by the Director of Department of Parks &
Recreation ("Department") for City -owned facilities.
SAL shall provide the Department a schedule of proposed concession and
patron user fees ("Fee Schedule") for the Programs. SAL shall continue to
provide scholarships and other financial assistance to individuals who would
otherwise be unable to pay the fees set forth in the Fee Schedule due to
financial limitations. SAL shall charge boat storage for regattas, competitive
training and fishing tournament. Modifications to the Fee Schedule must be
submitted to the Director for prior written approval, which approval shall be
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Consideration:
Reporting & Reviews:
Insurance &
Indemnification:
granted or denied with reasons within thirty (30) days of receipt of the
requested modification from SAL.
$1,000.00 annually, plus $150,000 in pro bono services to the City of Miami
residents. In the event SAL is unable to provide the pro bono services in an
amount equal to or greater than $150,000, SAL shall pay to the City an amount
equal to the difference between one half (50%) the value of the pro bono
rendered and the amount of the fair market rent as determined by the average
of the City's two (2) appraisals. Prior to the commencement of the renewal
term, the minimum value of pro bono services shall be adjusted to meet, at
minimum, the fair market rental value of the Property.
SAL shall transmit to the Director, in writing, in a format acceptable to the
Director, an Annual Plan that outlines programs and activities for the year
and an Annual Report that articulates what was accomplished. An annual
Financial Audit by a CPA must be submitted.
SAL shall carry and maintain throughout the Term the insurance
requirements attached hereto and incorporated herein as Exhibit B. The City
may, in its sole and absolute discretion, elect to provide property insurance
for the docks and Hangar.
SAL shall indemnify, protect, defend and hold harmless the City, its
officials and employees, from and against any and all claims, suits,
actions, damages or causes of action of whatever nature arising out of the
use or operation of the Property or the surrounding areas, whether such
claim shall be made by the SAL or an employee, agent, contractor, invitee
or guest of SAL an employee, agent or official of the City or by any third party,
and whether it relates to injury to persons (including death) or damage to
property and whether it is alleged that the City or its employees, agents or
officials were negligent. SAL shall, at its own cost and expense, pay and satisfy
all costs related to any orders, judgments or decrees which may be entered
thereon, and all costs, attorneys' fees, expenses and liabilities incurred in and
about the defense of any such claims and the investigation thereof. SAL shall
also indemnify, defend, protect and hold City harmless from and against any
and all claims arising from any breach or default in performance of any
obligation of the SAL's part to be performed under the terms of this Agreement,
or arising from any act, neglect, fault or omission of SAL, its employees, agents,
contractors, invitees and guests, and from and against all costs, attorneys' fees,
expenses and liability incurred in connection with any such claim or any action
or proceeding brought thereon. In case any action or proceeding shall be
brought against the City by reason of any claim, upon notice from the City SAL
shall defend the same at the SAL's expense by counsel approved in writing by
the City. The City reserves the right to defend itself.
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Security Deposit:
Signage:
Capital Investment:
Maintenance & Repair:
SAL shall deposit the sum of Five Thousand and 00/100 Dollars ($5,000.00)
("Security Deposit") with the City in guarantee of the full and faithful
performance by SAL of all the obligations under the Agreement.
SAL shall not permit any signs or advertising matter to be place on any portion
of the Property except as follows:
1. With prior written approval of the Director, which approval may be
conditioned or reasonably withheld; or
2. Signs which recognize donors that have made charitable contributions to
or for the benefit of SAL or its Programs, so long as such signs are not
promoting lewd, lascivious, or obscene behavior, illegal activities, political
advertising, criminal behavior, or otherwise do not meet the minimum
standards as may be set forth by the Director in their reasonable
discretion.
All signage shall be subject to the City Code and all other applicable
regulations. At the conclusion of the Term of this Agreement, SAL shall, at its
sole cost and expense, remove and dispose of all signs located on the Property.
During the Initial Term of the Agreement, SAL and the City shall agree to a
scope of capital improvements and renovations to the existing improvements
located on the Property within the Use and Shared Use Areas equal to a
minimum investment of Two Million and 00/100 Dollars ($2,000,000.00)
("Capital Improvements Program"). The City may, in its sole and absolute
discretion, provide funds to assist SAL in the implementation of the Capital
Improvements Program but shall not be required to do so.
The City and SAL shall reasonably cooperate to obtain such other public grant
funding that may be available for the Property, including FIND Grant
funding, as applicable, to reduce the cost of the Capital Improvements
Program. SAL further agrees to comply with all applicable grant funding
restrictions, including without limitation the set aside of funds collected from
the operation of such grant -funded improvements.
SAL shall, at is sole cost and expense, at all times during the Term, provide all
maintenance, repairs, substitutions and replacements, as necessary, to the Use
Area and every part thereof, including, without limitation, air conditioning
and heating systems, decoration, plumbing, mechanical, electrical, fixtures,
floor coverings, building interior and exterior walls, ceilings, elevator,
structural, the pavement, driveways, hangar, window and roof repairs and
replacements, and life and safety systems, except to the extent that capital
repairs (i.e., excluding maintenance and minor repairs) exceed Fifty Thousand
and 00/100 Dollars ($50,000.00) in a Fiscal Year. If certain capital repairs are
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Utility Charges:
Promotion of the City:
necessary for life safety or otherwise necessary for the proper operation of the
Use Area in excess of the amounts noted above, and SAL elects not to incur
such additional costs, the City, at its sole and absolute discretion may work
with SAL to fund some or all of such improvements. Notwithstanding any
language to the contrary, the City shall not be required to incur any
maintenance, repair, capital, or other costs in connection with this Agreement.
SAL shall, at its sole costs and expense, provide all preventative maintenance
required for the Use and Shared Use Areas of the Property, including, but not
limited to, the following:
1. Cleaning and janitorial services seven (7) days a week;
2. Heating, ventilation and air conditioning as required for the comfortable
use and occupation of the Property;
3. Electric current for normal use and light (limited to the Use Area);
4. Grounds services including lawn, shrub and tree maintenance and
removal of any rubbish or obstructions;
5. Elevator service;
6. Interior and exterior window cleaning for the Lease Area to be performed
as needed but no less than once every one hundred and eighty (180) days;
7. Vermin and pest control, as necessary, but no less than once every sixty
(60) days;
8. Garbage and trash disposal as required;
9. Painting of interior and exterior of the Lease Area including caulking of
all window and door frames, painting of signs, if applicable;
10. Maintenance of the Public Boat Ramp including algae removal; and
it Security as is required for similar facilities, except as otherwise provided
herein relating to any City Co -Sponsored Events.
SAL, at its sole cost and expense, shall pay for all utilities and services on the
Property, including but not limited to, electricity, water, storm water fees, gas,
telecommunications services, garbage and sewage disposal used by SAL and
its invitees during its occupancy of the Property's Use Areas, as well as all the
costs for installation of any necessary lines and equipment. SAL's
responsibility to pay for all utilities and services on the Property shall include,
without limitation, all utilities and services rendered or supplied upon or in
connection with the Public Dock portion of the Shared Use Area.
SAL acknowledges the benefits afforded to it by the City providing this
Agreement in furtherance of the SAL's operations and shall provide
recognition of the City of Miami, in a manner reasonably satisfactory to the
City, in all its marketing, advertising and promotional materials including,
without limitation, those materials used for Regular Events and Special
Events.
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EXHIBIT A
PROPERTY DESCRIPTION
NOTES
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EA5CNEN15. OWNERSNI?. OR OTHER INSTRUANTS 0r RECORD,
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., 1NE :AND DESCRIPTION SHOWN N(Rf011 WA5 RRCPARCO OT THE SURVEYOR.
S. MOCRs11E04P IUPROVENCN15 N01 SHOWN.
1i. R10ATIYO DOCKS NOT LOCATED.
7. BGR:NCS SHOWN HRRCOR .ARC A55U11CD.
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AND PC4EE AS SURVEYED IN INC PCW UNDER 11T ]IREC'1ON N I11RL 0O2C
rLR01ER CERTIIT THA1 114 s WRAP/ NEETS THE 51A+QAR05. O1 PRAE:110P 10R
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EXHIBIT B
INSURANCE REQUIREMENTS
[INSURANCE REQUIREMENTS ARE SUBJECT TO CHANGE UPON FURTHER
REVIEW BY THE DEPARTMENT OF RISK MANAGEMENT]
I. Commercial General Liability
A. Limits of Liability
Bodily Injury and Property Damage Liability
Each Occurrence
General Aggregate Limit
Personal and Adv. Injury
Products/Completed Operations
B. Endorsements Required
City of Miami listed as additional insured
Contingent & Contractual Liability
Premises and Operations Liability
Primary Insurance Clause Endorsement
II. Business Automobile Liability
$1,000,000
$ 2,000,000
$ 1,000,000
$ 1,000,000
A. Limits of Liability
Bodily Injury and Property Damage Liability
Combined Single Limit
Owned/Scheduled Autos
Including Hired, Borrowed or Non -Owned Autos
Any One Accident $ 1,000,000
B. Endorsements Required
City of Miami listed as an additional insured
III. Worker's Compensation
Limits of Liability
Statutory -State of Florida
Waiver of Subrogation
Employer's Liability
A. Limits of Liability
$500,000 for bodily injury caused by an accident, each accident
$500,000 for bodily injury caused by disease, each employee
$500,000 for bodily injury caused by disease, policy limit
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V. Liquor Liability
Each Common Cause
Policy Aggregate
City listed as an additional insured.
VI. Umbrella Liability
Each Occurrence
Policy Aggregate
$1,000,000
$1,000,000
$1,000,000
$1,000,000
City listed as additional insured. Coverage is excess over all corresponding
third party liability policies including liquor.
VII. Protection and Indemnity
Each Occurrence
Policy Aggregate
Jones Act included
$1,000,000
$1,000,000
City of Miami is listed as an additional insured.
VIII. Hull Coverage PER DECLARED VALUE
IX. PROPERTY
Commercial Property Insurance covering the Building and Business Personal Property owned or
operated by the SHAKE A LEG MIAMI, INC. Commercial property insurance shall, at a minimum, cover
the perils insured under the ISO Special Causes of Loss Special Form (CP 10 30), or a substitute form
providing equivalent coverages written on an All Risk or Direct Physical Loss or Damage basis including
wind, hail and named storm coverage and flood with a maximum deductible of 5% deductible. Coverage
should be included for debris removal, and demolition and increased cost of construction that are caused
by legal requirements regulating the construction or repair of damaged facilities or subject property,
including an ordinance and law endorsement, in an amount of not less than the replacement cost of the
property insured and improvements (exclusive of foundation and excavation costs), trade fixtures and
floor coverings. In addition, the policy should afford coverage for sprinkler leakage, if applicable, along
with for time element and boiler and machinery coverage, also if applicable. The amount of insurance
shall equal the full estimated replacement cost of all real and business personal property owned or
operated by the SHAKE A LEG MIAMI, INC. The City shall be included as loss payees under the
commercial property insurance.
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The above policies shall provide the City of Miami with written notice of cancellation or material
change from the insurer in accordance with policy provisions.
Companies authorized to do business in the State of Florida, with the following qualifications, shall issue
all insurance policies required above:
The company must be rated no less than "A-" as to management, and no less than "Class V" as to
Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company,
Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to
review and verification by Risk Management prior to insurance approval.
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