HomeMy WebLinkAboutResolutionCity of Miami
Resolution
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14703 Final Action Date: 3/13/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO EXECUTE A REVOCABLE LICENSE AGREEMENT
("AGREEMENT"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
BETWEEN THE CITY OF MIAMI ("CITY") AND SHAY BARAK CORP.
("LICENSEE"), FOR THE USE OF CITY OF MIAMI PROPERTY LOCATED AT
174 & 176 EAST FLAGLER STREET, MIAMI, FLORIDA ("PROPERTY"), FOR A
ONE-YEAR TERM AND PROVIDING FOR A MONTHLY USE FEE ("MONTHLY
USE FEE") OF ONE THOUSAND NINE HUNDRED NINE DOLLARS AND
NINETY-FIVE CENTS ($1,909.95), WITH TWO (2) ONE YEAR OPTION TO
RENEW WITH ADDITIONAL TERMS AND CONDITIONS AS SPECIFIED ON
THE TERM SHEET, ATTACHED AND INCORPORATED AS EXHIBIT "A,"
PROVIDED LICENSEE IS CURRENT ON ALL PAYMENTS TO THE CITY;
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS TO
SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR SAID PURPOSE.
WHEREAS, on July 24, 1975 the City of Miami ("City") acquired, by way of a Special
Warranty deed, the property located at 174-176 East Flagler Street, Miami, Florida, the Olympia
Theater and Tower, a/k/a the Gusman Center for the Performing Arts from Maurice Gusman
Cultural Center for the Performing Arts, Inc. ("Property"); and
WHEREAS, the sub -lease and license agreement for the space was previously
managed by a third party and has since expired; and
WHEREAS, Shay Barak Corp. ("Licensee") currently occupies commercial space at the
Property; and
WHEREAS, the Licensee has accepted the terms for the new Agreement offered to
them by DREAM; and
WHEREAS, the Department of Real Estate and Asset Management ("DREAM")
recommends that the City enter into a new Revocable License Agreement ("Agreement") with
Licensee, for a one-year term, providing for a monthly use fee ("monthly use fee") of one
thousand nine hundred nine dollars and ninety-five cents ($1,909.95), with two (2) one year
option to renew with additional terms and conditions as specified on the term sheet, attached
and incorporated as exhibit "A"; and
WHEREAS, the City issued Request for Proposals ("RFP") 1568386 for the restoration,
improvement, and lease of Olympia Theater and Tower that ended on March 3, 2023;
City of Miami Page 1 of 2 File ID: 14703 (Revision:) Printed On: 8/19/2025
File ID: 14703 Enactment Number:
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 fully set forth in this Section.
Section 2. The City Manager is authorizedlto negotiate and execute the Agreement, in a
form acceptable to the City Attorney, between the City and Licensee, for use of commercial
space located at the Property, for a one-year term, providing for a monthly use fee ("monthly
use fee") of one thousand nine hundred nine dollars and ninety-five cents ($1,909.95), with two
(2) one year option to renew, with additional terms and conditions as specified on the term
sheet, attached and incorporated as Exhibit "A."
Section 3. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
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: 14703 (Revision:) Printed on: 8/19/2025