HomeMy WebLinkAboutR-25-0002City of Miami
Resolution R-25-0002
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17075 Final Action Date: 1/23/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION 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 ISLAND DISTRICT DEVELOPMENT QOZB,
LLC ("LANDLORD"), FOR THE USE OF A PORTION OF PROPERTY
LOCATED AT 3646 GRAND AVE, MIAMI, FLORIDA 33133 (FOLIO NO. 01-
4121-007-4130), FOR THE PURPOSE OF OPERATING AN ADMINISTRATIVE
OFFICE FOR DISTRICT 2, FOR AN ANNUAL RENT OF FIFTY ONE
THOUSAND DOLLARS AND ZERO CENTS ($51,000.00), WITH A
GUARANTEE DEPOSIT NOT TO EXCEED FOUR THOUSAND TWO
HUNDRED FIFTY DOLLARS AND ZERO CENTS ($4,250.00), FOR AN INITIAL
TERM OF THREE YEARS WITH TWO ONE-YEAR OPTIONS TO RENEW,
SUBJECT TO A FOUR PERCENT (4%) INCREASE IN THE ANNUAL RENT,
FROM LEGALLY AVAILABLE FUNDING SOURCES, WITH TERMS AND
CONDITIONS AS MORE SPECIFICALLY SET FORTH IN SAID LEASE
AGREEMENT; FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING
AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY.
WHEREAS, the City of Miami's ("City") Office of the District 2 Commissioner is
interested in leasing privately owned property from Island District Development QOZB, LLC
("Landlord") for the use of an administrative office located at 3646 Grand Avenue, Miami, Florida
33133, identified by Folio No. 01-4121-007-4130 ("Property"); and
WHEREAS, the City and Landlord desire and intend to enter into a new lease
agreement incorporating the below -referenced terms ("Lease") and authorizing the City's use of
the Property;
WHEREAS, the annual rent will equal Fifty-one Thousand Dollars and Zero Cents
($51,000.00) for the first year; and
WHEREAS, the initial term of the agreement shall be for a period of three (3) years, with
the option to extend for two (2) successive one (1) year options; and
WHEREAS, a guarantee deposit in an amount not to exceed Four Thousand, Two
Hundred and Fifty Dollars and Zero Cents ($4,250.00), will also be payable to Landlord; and
WHEREAS, a four percent (4%) increase in the annual rent will be applied annually
during the Term, including in connection with any exercised options to renew; and
City of Miami Page 1 of 2 File ID: 17075 (Revision:) Printed On: 8/12/2025
File ID: 17075 Enactment Number: R-25-0002
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 herein as if fully set forth in this Section.
Section 2. The City Manager is hereby authorized' to negotiate and execute a Lease, in
a form acceptable to the City Attorney, between the City and Landlord, for the use of a portion of
the Property, for the purpose of operating an administrative office for District 2 for an annual rent
of Fifty One Thousand Dollars and Zero Cents ($51,000.00), a guarantee deposit not to exceed
Four Thousand, Two Hundred and Fifty Dollars and Zero Cents ($4,250.00) for an initial term of
three years with two one-year options to renew, subject to a four percent (4%) increase in
annual rent during the term, from legally available funding sources, with terms and conditions to
be more specifically set forth in said Lease.
Section 3. The City Manager is further authorized' to negotiate and execute all
necessary documents, including amendments and modifications to said Lease, in a form
acceptable to the City Attorney, as may be necessary.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
rge = . Wyy•ng II , C ty ttor -y 1/13/2025
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 2 File ID: 17075 (Revision:) Printed on: 8/12/2025