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HomeMy WebLinkAbout24926AGREEMENT INFORMATION AGREEMENT NUMBER 24926 NAME/TYPE OF AGREEMENT CORAL WAY INVESTMENTS, INC DESCRIPTION LEASE AGREEMENT/2100 SW 22ND ST, MIAMI FLORIDA 33145/F I L E ID: 15461/R-24-0056/MATTER ID: 24-122 EFFECTIVE DATE April 10, 2024 ATTESTED BY TODD B. HANNON ATTESTED DATE 4/10/2024 DATE RECEIVED FROM ISSUING DEPT. 4/11/2024 NOTE DOCUSIGN AGREEMENT BY EMAIL CITY OF MIAMI DOCUMENT ROUTING FORM ORIGINATING DEPARTMENT: DREAM DEPT. CONTACT PERSON: Sandy Lila EXT. 1461 NAME OF OTHER CONTRACTUAL PARTY/ENTITY: Coral Way Investments, Inc. IS THIS AGREEMENT A RESULT OF A COMPETITIVE PROCUREMENT PROCESS? ❑ YES ® NO TOTAL CONTRACT AMOUNT: $57,999.96 FUNDING INVOLVED? ❑ YES ® NO TYPE OF AGREEMENT: ❑ MANAGEMENT AGREEMENT ❑ PROFESSIONAL SERVICES AGREEMENT ❑ GRANT AGREEMENT ❑ EXPERT CONSULTANT AGREEMENT ❑ LICENSE AGREEMENT ❑ PUBLIC WORKS AGREEMENT ❑ MAINTENANCE AGREEMENT ❑ INTER -LOCAL AGREEMENT ® LEASE AGREEMENT ❑ PURCHASE OR SALE AGREEMENT OTHER: (PLEASE SPECIFY): PURPOSE OF ITEM (BRIEF SUMMARY): Enclosed please find a Lease Agreement between the City of Miami and Coral Way Investments, Inc. for use by the Department of Fire -Rescue Urban Search and Rescue. COMMISSION APPROVAL DATE: 02-08-2024 FILE ID: 15461 ENACTMENT NO.: R-24-0056 IF THIS DOES NOT REQUIRE COMMISSION APPROVAL, PLEASE EXPLAIN: N/A ROUTING INFORMATION Date PLEASE PRINT AND SIGN APPROVAL BY DEPARTMENTAL DIRECTOR April 4, 2024 I 09:37:25 EDT PRINT: Andrew SIGNATURE: FreycuSigned by: AA.trew Frey SUBMITTED TO RISK MANAGEMENT April 4, 2024 I 10:31:50 EDT PRINT: Ann-Ma*S{r SIGNATURE: re ... 'rO.lA1 iit/7 Assigned ACA: James Brako'- _3f2 Ap ri 1 4 2024 I 11:12 :00 EDT 01:03:56 EDT PRINT: Victoria SIGNATURE: --W 305e6-31-6Y sL �-F-1 1*l£i... fined by: 1r _ -- , SUBMITTED TO CITY ATTORNEY MatterlD#:24-122 April 5, 2024 I APPROVAL BY ASSISTANT CITY MANAGER April 9, 2024 1 11:29:11 EDT PRINT: Larry SIGNATURE: EF90,kF6.FE045-7... M. Spp nDigned by: �` (, vn1 S91/114 RECEIVED BY CITY MANAGER April 9, 2024 I 14:26:40 EDT PRINT: Arthur SIGNATURE: NoriegaW E—DocuSigned by: a"s'^^01' ATTESTED BY THE CITY CLERK 1) ONE ORIGINAL TO CITY CLERK, April 10, 2024 1 22:37:45 EDT PRINT: Todd B1Talai: SIGNATURE: F^" n 372D D42A... DocuSigned by: T_ E46D7560DCF1459... 2) ONE COPY TO CITY ATTORNEY'S OFFICE, 3) REMAINING ORIGINAL(S) TO ORIGINATING DEPARTMENT PLEASE ATTACH THIS ROUTING FORM TO ALL DOCUMENTS THAT REQUIRE EXECUTION BY THE CITY MANAGER LEASE AGREEMENT THIS LEASE AGREEMENT (hereinafter referred to as the "Lease") made and entered into the to day of April 2024, by and between CORAL WAY INVESTMENTS, INC (hereinafter referred to as the "Landlord"), and THE CITY OF MIAMI, A MUNICIPAL CORPORATION OF THE STATE OF FLORIDA hereinafter referred to as "Tenant" or "City"). WITNESSETH: 1. LEASED PREMISES Subject to and upon the terms, provisions, covenants and conditions hereinafter set forth, and each in consideration of the duties, covenants and obligations of the other hereunder, Landlord does hereby lease, demise and let to Tenant and Tenant does hereby lease, demise and let from Landlord those certain premises in the building located at 2100 SW 22nd Street, Miami, Florida 33145 (hereinafter referred to as the "Building"), the premises known as Suite 300, which consists of 2000 square feet of Net Rentable Area (includes proportionate share of restrooms, hallways, lobby, etc. that are the common use for all the tenants) located on the 3rd floor of the Building (hereinafter referred to as the "Premises"). 2. TERM This Lease shall be for a term (hereinafter referred to as the "Term") of ONE (1) year commencing on the 1st day of May 2024 (the "Commencement Date") and ending on April 30, 2025. Taking possession of the Premises by Tenant shall be conclusive evidence as against Tenant that the Premises were in good and satisfactory condition when possession was so taken. This Lease does not grant any right to light or air over or about the Premises or the Building. If Tenant, with Landlord's consent, shall occupy the Premises prior to the Commencement Date as specified hereinabove, all provisions of this Lease shall be in full force and effect commencing upon such occupancy, and rent for such period shall be paid by Tenant at the same rate herein specified. If Landlord is unable to deliver possession of the Premises to Tenant on the Commencement Date set forth above, by reason of the holding over of any prior tenant or any other reason, an abatement of the rent to be paid hereunder shall be allowed Tenant under such circumstances until possession of the Premises is delivered to Tenant; provided, however, nothing herein shall operate to extend the term of this Lease beyond the original expiration date. Such abatement of 1 rent shall be the full extent of Landlord's liability to Tenant for any loss or damage to Tenant on account of Landlord's delay in delivering possession of the Premises to Tenant. If Landlord is unable to deliver possession of the Premises to Tenant within ninety (90) days following the Commencement Date set forth above, Tenant shall have the right to cancel this Lease upon written notice thereof delivered to Landlord within five (5) days after the lapse of such ninety day period, and, upon such cancellation, Landlord and Tenant shall each be released and discharged from all liability under this Lease. 2A. OPTION TO RENEW Provided Tenant is not in default under this Lease, Tenant may elect to renew this Lease for an additional term of ONE (1) year. No later than two months (2) prior to the expiration of the Term of this Lease, Tenant shall notify Landlord in writing, in the manner set forth in paragraph 34 of this Lease of its intention to renew this Lease as above mentioned and failure to timely give such notice shall constitute Tenant's election not to renew the term of this Lease otherwise, in case to renew the lease, base rent shall increase 4%. 3. TENANT INSURANCE Tenant is self insured subject to the limitations and provisions of Section 768.28 of the Florida Statutes. 4. BASE RENTAL a) Tenant agrees to pay Landlord on the first day of each month, in advance, during the term of this Lease, the monthly rental as follows: $ 4,833.33 Monthly Base Rent for the period 05 / 01 /2024 through 04 / 30 /2025 $ 0.00 Monthly State Sales Tax - City is a tax-exempt entity. No sales or use tax shall be included or charged with Base Rental. $ 4,833.33 TOTAL MONTHLY PAYMENT The following amount shall be paid upon Tenant's execution of the Lease: $ 4,833.33 $ 4,833.33 Security Deposit First's Month rent $ 9,666.66 TOTAL PAID If the Commencement Date falls on any day of a month excepting the first day, Tenant shall pay Landlord rental as provided for herein for such commencement month on a pro-rata basis (such 2 proration to be based on the actual number of days in the commencement month), and the first full calendar month's rent due hereunder. Rental for any partial month of occupancy at the end of the Term of this Lease will be prorated, such proration to be based on the actual number of days in the partial month. 5. ADDITIONAL RENT — PURPOSEDLY OMITTED. 6. BASE RENTAL INCREASE — PLS SEE CLAUSE 4. 7. TIME OF PAYMENT Tenant agrees that Tenant will promptly pay Base Rental, as the same may be adjusted from time to time pursuant to paragraph 5, and Additional Rent at the times and place stated above; that Tenant will pay charges for work performed on order of Tenant, and any other charges that accrue under this Lease; that, if any part of the rent or above mentioned charges shall remain due and unpaid for forty-five (45) days next after the same shall become due and payable, Landlord shall have the option (in addition to all other rights and remedies available to it by law and in equity) of terminating the Lease. In accordance with the Florida Prompt Payment Act in Chapter 218, Florida, Statutes, if any sum due for rent or other obligations due under this lease shall remain unpaid for forty-five (45) days after the same shall become due, the tenant shall be liable for an additional charge that shall bear interest from 30 days after the due date at the rate of 1 percent per month on the unpaid balance. The vendor must invoice the local governmental entity for any interest accrued in order to receive the interest payment. Any overdue period of less than 1 month is considered as 1 month in computing interest. Unpaid interest is compounded monthly. For the purposes of this section, the term "1 month" means a period beginning on any day of one month and ending on the same day of the following month. 8. SECURITY DEPOSIT Prior to occupancy, Tenant shall tender a refundable deposit with Landlord the sum of Four Thousand Eight Hundred Thirty -Three and 33/100 Dollars ($4,833.33), the receipt of which is hereby acknowledged by Landlord. This sum shall be retained by Landlord as security for the payment by Tenant of the rents and all other payments herein agreed to be paid by Tenant and for the faithful performance by Tenant of the terms, provisions, covenants, and conditions of the Lease. Landlord shall not be required to pay Tenant any interest on said security deposit or to maintain such deposit in a segregated account. Security deposit shall be annually adjusted to reflect the new base rent (4% per year) 9. USE The Tenant shall use and occupy the Premises only for general offices and for no other use or purpose. Tenant shall not use or allow the use of the Premises in any manner that constitutes waste, that constitutes a nuisance, or that violates any applicable law, ordinance or governmental 3 regulation or insurance policy covering the Premises or the Building. 10. QUIET ENJOYMENT Upon payment by Tenant of the rents herein provided, and upon the observance and performance of all terms, provisions, covenants and conditions on Tenant's part to be observed and performed, Tenant shall, subject to all of the terms, provisions and covenants and conditions of this Lease, peaceably and quietly hold and enjoy the Premises for the Term hereby demised. 11. INSURANCE PREMIUMS If the Landlord's insurance premiums exceed the standard premium rates because the nature of Tenant's operation results in extra hazardous exposure, then Tenant shall, upon receipt of appropriate invoices from Landlord, reimburse Landlord for such increase in premiums. It is understood and agreed between the parties hereto that any such increase in premiums shall be considered as rent due and shall be included in any lien for rent. 12. RULES AND REGULATIONS Tenant agrees to comply with all rules and regulations Landlord may adopt from time to time for operation of the Building and parking facilities and protection and welfare of the Building and parking facilities, its tenants, visitors and occupants. A copy of the Rules and Regulations for the Building in effect on the date of this Lease is attached hereto as Exhibit "A". 13. GOVERNMENTAL REQUIREMENTS Tenant shall faithfully observe in the use of the Premises all municipal and county ordinances and codes and state and federal statutes now in force or which may hereafter be in force. 14. SERVICES FURNISHED BY LANDLORD Landlord agrees to use all reasonable efforts to furnish or cause to be furnished to Tenant, while occupying the Premises and during such time as Tenant is not in default under this Lease, the following: Water at those points of supply provided for the general use of the tenants in the Building. Elevator service in common with other tenants for ingress to and egress from the Premises; provided, however, Landlord may reasonably limit the number of elevators in operation after usual and customary business hours, and on Saturdays, Sundays and holidays. Janitorial cleaning services Monday through Friday, excepting holidays, as may in the judgment of Landlord be reasonably required. 4 Electrical lighting of public areas and service areas of the building as may in the judgment of Landlord be reasonably required. Operation hours for building H.V.A.C.: The HVAC service shall be provided 24 hours a day, seven days a week, including holidays. Failure to any extent to furnish or any stoppage of these defined services resulting from any cause whatsoever (including, without limitation, in connection with the alteration to or replacement of Freon -containing equipment) shall not render Landlord liable in any respect to any person, property or business, nor be construed as an eviction of Tenant or work an abatement of rent, nor relieve Tenant from fulfillment of any covenant or agreement hereof. Should any equipment or machinery break down, or for any cause cease to function properly, Landlord shall use reasonable diligence to repair the same, or to cause the same to be repaired promptly, but Tenant shall have no claim for rebate or abatement of rental or damages on account of any interruptions in service occasioned thereby or resulting therefrom, unless such interruption renders the Premises untenantable. No electrical current shall be used except that furnished or approved by the Landlord, nor shall electric cable or wire be brought into the Premises, except upon the written consent of the Landlord. Tenant shall use only office machines and equipment that operate on the Building's standard electric circuits, but which in no event shall overload the Building's standard electric circuits from which the Tenant obtains electric current. 15. SERVICES PAID BY TENANT - PURPOSEDLY OMITTED 16. IMPROVEMENTS TO PREMISES Landlord shall make the following improvements to the Premises "turn -key" using materials and finishes matching the existing materials and finishes in the Premises: 1. Paint the entire Premises Landlord shall not be required to make any other renovations, alterations, or improvements to the Premises prior to occupancy. Tenant accepts the Premises "as is" in its present condition, and as suited for the use intended by Tenant. The commencement of occupancy by Tenant shall be construed as acceptance by Tenant of the Premises. 17. TENANT WORK It is understood and agreed between the parties hereto that any charges by Landlord for services 5 or for work done on the Premises at the request of Tenant, or otherwise accruing under this Lease, shall be considered as rent due. 18. REPAIR OF PREMISES Tenant shall, at Tenant's own expense, keep the Premises in good repair and tenantable condition during the Term and will replace any and all broken glass caused by Tenant or its invitees at its own expense, in and about the Premises. Tenant will make no alterations, additions or improvements in or to the Premises without the written consent of Landlord, which shall not be unreasonably withheld, but may be predicated upon, but not limited to, Tenant's use of contractors who are acceptable to Landlord; and all additions, fixtures, carpet or improvements, except only office furniture and fixtures which shall be readily removable without damage to the Premises, shall be and remain a part of the Premises at the expiration of this Lease. If Tenant fails to make any repairs or replacements promptly, and in the case of emergency, Landlord may, at its option, make repairs or replacements and Tenant shall repay the reasonable cost thereof, to Landlord on demand, together with interest at the maximum rate permitted by law from the date of demand until paid. Landlord shall have the right and privilege to make and build additions to the Building of which the Premises are a part, and make such alterations and repairs to the Building as it may deem wise and advisable without any liability to the Tenant therefore. 19. LIENS Landlord and City shall comply with the Construction Lien Law, Florida Statutes Chapter 713, Part I, to the extent applicable to Landlord and City, in the construction of any improvements to the Premises and shall obtain a public construction performance bond in accordance with Florida Statutes, Section 255.05, if required by such statute. In the event a construction lien is filed against the Premises in connection with any work performed by the Tenant, the Tenant shall promptly cause such lien to be removed from the Premises. 20. PARKING: During the Lease Term, Landlord shall provide for the use of Tenant and its employees, officers and directors Four (4) Assigned Parking Space. Tenant shall have the right to use the Parking Lot as employees parking as well as visitor parking. Landlord shall have the right to establish or modify the methods uses or control parking in the Parking Facility, including without limitation, the installation of certain control devices or the hiring of parking attendants or a managing agent or the installation of a valet parking system. Landlord shall have no liability whatsoever for any property damage or personal injury which might occur as a result of, or in connection with, the use of the Parking Spaces or the Parking Facility by Tenant, its employees, agents, invitees, and licensees, unless caused by the negligence or willful acts or omissions of the Landlord. 6 21. ESTOPPEL STATEMENT Tenant agrees that from time to time, upon not less than ten (10) days prior request by Landlord, Tenant will deliver to Landlord a statement in writing certifying that, to the best of its knowledge (a) that this Lease is unmodified and in full force and effect (or, if there have been modifications, that the Lease as modified is in full force and effect and stating the modifications), (b) the dates to which the rent and other charges have been paid; and (c) that Landlord is not in default under any provisions of this Lease, or, if in default, the nature thereof in detail. 22. SUBORDINATION If the Building and/or Premises are at any time subject to a mortgage and/or deed of trust, and Tenant has received written notice from Landlord or mortgagee of same, then in any instance in which Tenant gives notice to Landlord alleging default by Landlord hereunder, Tenant will also exercise best efforts to simultaneously give a copy of such notice to each of Landlord's mortgagees and each of Landlord's mortgagees shall have the right (but not the obligation) to cure or remedy such default during the period that is permitted to Landlord hereunder, plus an additional period of thirty (30) days, and Tenant will accept such curative or remedial action (if any) taken by Landlord's mortgagees with the same effect as if such action had been taken by Landlord. Within ten (10) days of the Effective Date of this Lease, Landlord shall provide Tenant notice of Landlord's Mortgagees and all updates regarding the same. This Lease shall be subject and subordinate to any mortgage and/or ground lease now or hereafter encumbering the Building and/or the Premises. This provision shall be self -operative without the execution of any further instruments. Notwithstanding the foregoing, however, Tenant hereby agrees to execute any reasonable instrument(s) which Landlord may deem desirable to evidence the subordination of this Lease to any and all such mortgages and ground leases. 23. ATTORNMENT If the interest of Landlord under this Lease shall be transferred voluntarily or by reason of foreclosure or other proceedings for enforcement of any mortgage on the Premises, Tenant shall be bound to such transferee (herein sometimes called the "Purchaser") for the balance of the Term remaining, and any extensions or renewals thereof which may be effective in accordance with the terms and provisions hereof, with the same force and effect as if the Purchaser were the Landlord under this Lease, and Tenant does hereby agree to attorn to the Purchaser, including any mortgagee under any such mortgage, if it be the Purchaser, as its landlord; said attornment to be effective and self -operative without the execution of any further instruments upon the Purchaser succeeding to the interest of the Landlord under this Lease. The respective rights and obligations of Tenant and the Purchaser upon such attornment, to the extent of the then remaining balance of the Term of this Lease and any such extensions and renewals, shall be and are the same as those set forth herein. In the event of such transfer of Landlord's interest, Landlord shall 7 be released and relieved from all liability and responsibility thereafter accruing to Tenant under this Lease or otherwise and Landlord's successor, by acceptance of rent from Tenant hereunder, shall become liable and responsible to Tenant in respect to all obligations of the Landlord under this Lease, including return of the Security Deposit. 24. ASSIGNMENT AND SUBLETTING City may not assign, mortgage, pledge, or encumber this Lease in whole or in part, nor sublet all or any portion of the Premises, without Landlord's prior written consent, which shall not be unreasonably withheld. In the event of an approved assignment, City shall be released from any further obligation hereunder. Any sale, mortgage, pledge, or encumbrance of the Property by Landlord shall be subject to the terms of this Lease. 25. SUCCESSORS AND ASSIGNS All terms, provisions, covenants, and conditions to be observed, shall be binding upon Tenant's respective heirs, administrators, executors, successors and assigns subject, however, to the restrictions as to assignment or subletting by Tenant as provided herein. 26. HOLD HARMLESS LANDLORD — INTENTIONALLY OMITTED 27. ATTORNEYS' FEES Each party shall bear the cost of its own attorney's fees. 28. DAMAGE OR DESTRUCTION In the event the Premises shall be destroyed or so damaged or injured by fire or other casualty during the Term of this Lease, or any extension thereof, whereby the same shall be rendered untenantable, in whole or in part, City shall have the right to terminate this Lease, whereupon the parties shall be relieved of all further obligations hereunder occurring subsequent to the date of such casualty. In the event the City elects to terminate this Lease as provided in this Section, the Annual Rent payable hereunder shall be prorated to the date of the casualty. In the event City does not exercise its right to terminate this Lease due to any such casualty, Landlord shall promptly commence restoration of the Premises and diligently pursue such restoration to completion using materials of like kind and quality or better. The rental due hereunder relating to the portion of the Premises rendered untenantable shall be abated from the date of such casualty until completion of such restoration. 29. EMINENT DOMAIN If all or part of the Premises shall be taken, condemned or conveyed pursuant to agreement in lieu of condemnation for public or quasi public use, the entire compensation or award therefor, 8 including any severance damages, shall be apportioned between Landlord and City in proportion to the value of their respective interests and the rent shall be recalculated effective upon the date of vesting of title in the condemning authority to reflect the reduction in the Premises. City shall also be entitled to receive compensation for the value of any Alterations or other improvements made by City to the Premises and moving expenses. In addition, City may elect to terminate this Lease in which event this Lease shall terminate effective as of the date title is vested in the condemning authority, whereupon the parties shall be relieved of all further obligations occurring subsequent to the date of termination other than those relating to apportionment of the compensation for such condemnation. In the event the City elects to terminate this Lease as provided in this Article, the Rent payable hereunder shall be prorated to the date of termination. City will be allowed not less than sixty (60) days notice to remove its property from the Premises. 30. DEFAULT BY TENANT. The occurrence of any one or more of the following shall constitute an Event of Default by City under this Lease: (I) failure by City to pay the Annual Rent within forty-five (45) days after receipt of notice from Landlord in accordance with the Florida Prompt Payment Act; (ii) failure by City to perform or observe any of the agreements, covenants, or conditions contained in this Lease on City's part to be performed or observed for more than thirty (30) days after notice from Landlord of such failure; (iii) City's vacating or abandoning the Premises; or (iv) City's leasehold estate being taken by execution, attachment, or process of law. If any Event of Default occurs, then, at any time thereafter while the Event of Default continues, Landlord shall have the right to give City notice that Landlord intends to terminate this Lease upon a specified date not less than thirty (30) days after the date that notice is received by City, and this Lease shall then expire on the date specified as if that date had been originally fixed as the expiration date of the Term of this Lease. If, however, the default is cured within such period, or within a reasonable period thereafter if the same cannot be cured within such period, and City undertake such cure within such period and the Landlord is so notified, this Lease will continue. 30.01 DEFAULT BY LANDLORD. Landlord shall be in default of this Lease if Landlord shall fail to observe or perform any term, covenant, or condition of this Lease on the Landlord's part to be observed or performed, and the Landlord fails to remedy the same within thirty (30) days after notice from City. In the event the default is of such a nature that it cannot be reasonably cured within the foregoing thirty (30) day period, Landlord shall be entitled to a reasonable period of time under the circumstances in which to cure said default, provided that Landlord diligently proceeds with the curing of the default. In the event that the default is not cured by Landlord within the foregoing time period, City, at City's option, may either cure said default and Landlord shall reimburse City for all expenses incurred 9 by City in doing so, or City may give to the Landlord a thirty (30) day notice specifying that the City intends to terminate this Lease. Upon receipt of said notice and expiration of the thirty (30) day period, this Lease and all obligations of City hereunder shall terminate and City shall thereupon be relieved of all further obligations hereunder. 31. LIEN FOR PAYMENT OF RENT - INTENTIONALLY OMITTED AND ADDRESSED IN SECTION 19 ABOVE. Government property is not subject to forfeiture by enforcement of lien pursuant to Article 7, Section 10, Florida Constitution. 32.REMEDIES - INTENTIONALLY DELETED AND ADDRESSED IN SECTION 30, HEREINABOVE 33. RIGHT OF ENTRY Landlord and Landlord's agents and employees shall have the right to enter upon the Premises at all reasonable times to examine the same, and to make any repairs which may be required or permitted hereunder. Landlord shall provide City with twenty four (24) hours advance notice prior to exercising such right except in an emergency in which event no notice shall be required and shall exercise such right in a manner which minimizes the impact upon City's use of the Premises. 34. NOTICE Any notice required or permitted by this Lease shall be in writing and shall be deemed given (I) upon hand delivery, or (ii) three days after deposited in the United States mail, certified mail, return receipt requested, first class postage and fees prepaid, and properly addressed to the party to whom it is sent at the following address: if to Landlord, Coral Way Investments, Inc., 2100 Coral Way Suite 305, Miami, Florida 33145; if to Tenant, the office of Tenant in the Building. A copy of any notice from Landlord to Tenant shall also be delivered to the following addresses: Office of the City Attorney Attn: City Attorney 444 SW 2nd Avenue, 9th Floor Miami, FL 33130 IawnMiamigov.com Office of the City Manager Attn: City Manager 444 SW 2nd Avenue, 10th Floor Miami, FL 33130 Department of Real Estate & Asset Management 10 Attn: Director 444 SW 2nd Avenue, 3rd Floor Miami, FL 33130 Either party, from time to time, by such notice, may specify another address to which subsequent notices shall be sent. 35. LANDLORD CONTROLLED AREAS All automobile parking areas, driveways, entrances and exists thereto, Common Areas, and other facilities furnished by Landlord, including all parking areas, truck way or ways, loading areas, pedestrian walkways and ramps, landscaped areas, stairways, corridors, and other areas and improvements provided by Landlord for the general use, in common, of tenants, their officers, agents, employees, servants, invitees, licensees, visitors, patrons and customers, shall be at all times subject to the exclusive control and management of Landlord, and Landlord shall have the right from time to time (I) to establish, modify and enforce rules and regulations with respect to all facilities and areas and improvements; (ii) to police same; (Hi) from time to time to change the area, level and location and arrangement of parking areas and other facilities hereinabove referred to; (iv) to restrict parking by and enforce parking rules and regulations for tenants, their officers, agents, invitees, employees, servants, licensees, visitors, patrons and customers.. Landlord will operate and maintain the Common Areas and other facilities, referred to in such reasonable manner as Landlord shall determine from time to time. Without limiting the scope of such discretion, Landlord shall have the full right and authority to designate a manager of the parking facilities and/or Common Areas and other facilities who shall have full authority to make and enforce rules and regulations regarding the use of the same or to employ all personnel and to make and enforce all rules and regulations pertaining to and necessary for the proper operation and maintenance of the parking areas and/or Common Areas and other facilities. Reference in this paragraph to parking areas and/or facilities shall in no way be construed as giving Tenant hereunder any rights and/or privileges in connection with such parking areas and/or facilities unless such rights and/or privileges are expressly set forth in paragraph 21 hereof. 36. CONDITION OF PREMISES ON TERMINATION OF LEASE AND HOLDING OVER Tenant agrees to surrender to Landlord, at the end of the Term of this Lease, the Premises in as good condition as the Premises were at the beginning of the Term of this Lease, ordinary wear and tear, and damages by fire or other casualty not caused by Tenant's negligence, excepted. Tenant agrees that if Tenant does not surrender the Premises to Landlord at the end of the Term of this Lease then Landlord shall retain the security deposit for its own account plus Tenant shall pay to Landlord all damages that Landlord may suffer on account of Tenant's failure to so surrender to Landlord possession of the Premises. In addition to and without limiting the foregoing, in the event of holding over by Tenant after the expiration or termination of this Lease without the written consent of Landlord, Tenant shall pay 100% of the Rent last in effect prior to the lease expiring and Additional Rent for the entire holdover period. 11 No receipt of money by Landlord from Tenant after termination of this Lease or the service of any notice of commencement of any suit or final judgment for possession shall reinstate, continue or extend the Term of this Lease or affect any such notice, demand, suit or judgment. No act or thing by Landlord or its agents during the Term hereby granted shall be deemed an acceptance of a surrender of the Premises, and no agreement to accept a surrender of the Premises shall be valid unless it be made in writing and subscribed by a duly authorized officer or agent of the Landlord. 37. OCCUPANCY TAX; TAX ON IMPROVEMENTS - INTENTIONALLY DELETED City is tax exempt and does not intend to make improvements to the Premises. 38. SIGNS Landlord shall have the right to install signs on the interior or exterior of the Building and Premises and/or change the Building's name or street address. Tenant shall have the right to place a door sign next to suite door of the Premises and a directory strip in the Lobby's Directory at his own expense, and shall first be approved by Landlord. 39. HAZARDOUS SUBSTANCES Tenant shall not permit or cause the Premises to be used for the handling, storage, transportation, or disposal of any hazardous or toxic materials. City shall be fully responsible for any pollutants, odors, vapors, chemicals, and the like emitted by City's own furniture, fixtures, office machines, and equipment. Landlord hereby represents and warrants to City that there is not located in, on, upon, over, or under the Premises: (i) asbestos in any form; (ii) urea formaldehyde foam insulation; (iii) polychlorinated biphenyls; or (iv) any other chemical, material, or substance which is prohibited, limited, or regulated by federal, state, City, regional, or local authority. If said substance(s) exist, Landlord shall promptly remove said substance(s) at Landlord's sole cost and expense. 40. CROSS DEFAULT If the term of any lease, other than this Lease, whether now or hereafter entered into, made by Tenant for any other space in the Building shall be terminated or terminable after the making of 12 this Lease because of any default by Tenant under such other lease, such default shall, ipso facto, constitute a default hereunder and empower Landlord at Landlord's sole option, to terminate this Lease as herein provided in the event of default. 41. INVALIDITY OF PROVISION If any term, provision, covenant or condition of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease or the application of such term, provision, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby and each term, provision, covenant or condition of this Lease shall be valid and enforceable to the fullest extent permitted by law. This Lease shall be construed in accordance with the laws of the State of Florida. 42. TIME OF ESSENCE It is understood and agreed between the parties hereto that time is of the essence of all the terms, provisions, covenants and conditions of this Lease. 43. MISCELLANEOUS The terms Landlord and Tenant as herein contained shall include singular and/or plural, masculine, feminine and/or neuter, heirs, successors, executors, administrators, personal representatives and/or assigns wherever the context so requires or admits. The terms, provisions, covenants and conditions of this Lease are expressed in the total language of this Lease and the paragraph headings are solely for the convenience of the reader and are not intended to be included in the construction of this Lease. 44. EFFECTIVE DATE Submission of this instrument for examination does not constitute an offer, right of first refusal, reservation of or option for the Premises or any other space or premises in, on or about the Building. This instrument becomes effective as a Lease upon execution and delivery by both Landlord and Tenant. 45. ENTIRE AGREEMENT This Lease contains the entire agreement between the parties hereto and all previous negotiations leading thereto, and it may be modified only by an agreement in writing signed by Landlord and Tenant. Tenant acknowledges and agrees that Tenant has not relied upon any statement, representation, prior written or contemporaneous oral promises, agreements or warranties except such as are expressed herein. 13 46. FORCE MAJEURE Neither Landlord nor Tenant shall be required to perform any term, condition, or covenant in this Lease so long as such performance is delayed or prevented by force majeure, which shall mean acts of God or the public enemy, labor disputes (whether lawful or not), material or labor shortages, restrictions by any governmental authority, civil riots, floods, and any other cause not reasonably within the control of Landlord or Tenant and which by the exercise of due diligence Landlord or Tenant is unable, wholly or in part, to prevent or overcome. Lack of money shall not be deemed force majeure. 47. RADON Tenant is hereby advised that radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. The foregoing disclosure is provided to comply with state law and is for informational purposes only. Landlord has not conducted radon testing with respect to the Building and specifically disclaims any and all representations and warranties as to the absence of radon or radon producing conditions in connection with the Building and the Premises. 48. AUTHORITY Landlord represents and warrants to Tenant that Landlord, and the individual executing this Lease on behalf of Landlord, has full right and authority to execute and enter into this Lease and that no joinder or approval of any other person or entity is required. Tenant represents and warrants to Landlord that Tenant, and the individual executing this Lease on behalf of Tenant, has full right and authority to execute and enter into this Lease and that no joinder or approval of any other person or entity is required. 49. ELECTRONIC SIGNATURES/COUNTERPARTS. This Lease may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, and such counterparts shall together constitute but one and the same Lease. The Parties shall be entitled to sign and transmit an electronic signature of this Lease (whether by facsimile, PDF, or other email transmission), which signature shall be binding on the Party whose name is contained therein. Any Party providing an electronic signature agrees to promptly execute and deliver to the other Parties an original signed Lease upon request. 50. GOVERNING LAW AND VENUE. This Lease shall be governed by the laws of the State of Florida. Any legal action necessary to enforce the Lease will be held in a State court of competent jurisdiction located in Miami -Dade 14 County, Florida. No remedy herein conferred upon any party is intended to be exclusive of any other remedy, and each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity, by statute or otherwise. No single or partial exercise by any party of any right, power, or remedy hereunder shall preclude any other or further exercise thereof. [SIGNATURE PAGE FOLLOWS] Remainder ofpage intentionally blank 15 IN WITNESS WHEREOF, the parties hereto have signed, sealed and delivered this Lease in duplicate at Miami -Dade County, Florida, on the date and year first above written. LANDLORD: Coral Way Investments, Inc WITNESS: Signatu President 1 Vice President / CEO Print Name: [ riC, Authorized Signatory 't-‘tC ienc DocuSigned by: TENANT: ATTEST: BY: DocuSigned by: . 66B6Fh4:,9... Todd B. Hannon City Clerk Signature Print Name and Title: Ui i4rp, C. Authorized Signatory THE CITY OF MIAMI, A MUNICIPAL CORPORATION OF THE STATE OF FLO RI DA BY: DocuSigned by: av u uV' Novit r. Arthur Noriega City Manager OBD 2A... •Pirr APPROVED AS TO LEGAL FORM AND APPROVED AS TO INSURANCE CORRECTNESS: BY: DocuSigned by: AD EF efcr- '[E 4,,7... Victoria Mendez City Attorney DS (JMB 1 Matter ID No. 24-122 e) REQUIREMENTS: BY: ,-DocuSigned by: Fr'atAk 6144t-iij Ann -Marie Sharpe Director of Risk Management 16 EXHIBIT "A" RULES AND REGULATIONS The following Rules and Regulations, hereby accepted by Tenant, are prescribed by Landlord to enable Landlord to provide, maintain, and operate, to the best of Landlord's ability, orderly, clear and desirable premises, Building and parking Facilities for the Tenants therein at as economical a cost as reasonably possible and in as efficient a manner as reasonable possible, to assure security for the protection of Tenants so far as reasonably possible, and to regulate conduct in and use of said Premises, Building and Parking facilities in such manner as to minimize interference by others in the proper use of same by Tenant. 1. Tenant, its officers, agents, servants and employees shall not block or obstruct any of the entries, passages, doors, elevators, elevator doors, hallways or stairways of Building or garage, or place, empty or throw any rubbish, litter, trash or material of any nature into such areas, or permit such areas to be used at any time except for ingress or egress of Tenant, its officers, agents, servants, employees, patrons, licensees, customers, visitors or invitees. 2. The movement of furniture, equipment, machines, merchandise or material within, into or out of the Premises, Building or parking facilities shall be restricted to time, method and routing of movement as determined by Landlord upon request from Tenant and Tenant shall assume all liability and risk to property, Premises and Building in such movement. Tenant shall not move furniture, machines, equipment, merchandise or material within, into or out of the Building, Premises or garage facilities without having first obtained a written permit from Landlord twenty-four (24) hours in advance. Safes, large files, electronic data processing equipment and other heavy equipment or machines shall be moved into Premises, Building or parking facilities only with Landlord's written consent and placed where directed by Landlord. 3. No sign, door plaque, advertisement or notice shall be displayed, painted or affixed by Tenant, its officers, agents, servants, employees, patrons, licensees, customers, visitors, or invitees in or on any part of the inside of the Building, garage facilities or Premises without prior written consent of Landlord and then only of such color, size, character, style and material and in such places as shall be approved and designated by Landlord. Signs on doors and entrances to Premises shall be placed thereon by a contractor designated by Landlord and paid for by Tenant. 4. Landlord will not be responsible for lost or stolen property, equipment, money or any article taken from Premises, Building or Parking Facilities regardless of how or when loss occurs, except in the case of gross negligence by Landlord and its agents. 5. No additional locks shall be placed on any door or changes made to existing locks in Building without the prior written consent of Landlord. Landlord will furnish two keys to each lock on doors in the Premises and Landlord, upon request of Tenant, shall provide additional duplicate keys at Tenant's expense. Landlord may at all times keep a passkey to the Premises. All keys shall be returned to Landlord promptly upon 17 termination of this Lease. Nonetheless, Tenant is entitled to store confidential and/or sensitive documents and information away from Landlord, including but not limited to documents relating to payroll and HIPPA. 6. Tenant, its officers, agents, servants or employees shall do no painting or decorating in the Premises, or mark, paint or cut into, drive nails or screw into or in any way deface any part of Premises or Building without the prior written consent of Landlord. It Tenant desires signal, communication, alarm or other utility or service connection installed or changed, such work shall be done at expense of Tenant, with the approval and under the direction of Landlord. 7. Landlord reserves the right to (i) close the Building at 6:00 p.m. subject, however, to Tenant's right to admittance under regulations prescribed by Landlord, and to require the persons entering the Building to identify themselves and establish their right to enter or to leave the Building; (ii) close all parking areas between the hours of 9:00 p.m. and 7:00 a.m. during weekdays; (iii) close all parking areas on weekends and holidays. Notwithstanding the Landlord's rights otherwise described in this provision, Landlord agrees to provide all -day and all-night unrestricted access to the leased Premises during times of disaster when the Task Force is activated. 8. Tenant, its officers, agents, servants and employees shall not permit the operation of any musical or sound producing instruments or device which may be heard outside Premises, Building or parking facilities, or which may emanate electrical waves which will impair radio or television broadcasting or reception from or in Building. 9. Tenant, its officers, agents, servants and employees shall, before leaving Premises unattended, close and lock all doors and shut off all utilities; damage resulting from failure to do so shall be paid by Tenant. 10. All plate and other glass now in Premises or Building which is broken through cause attributable to Tenant, its officers, agents, servants, employees, patrons, licensees, customers, visitors or invitees shall be replaced by and at expense of Tenant under the direction of Landlord. 11. Tenant shall give Landlord prompt notice of all accidents to or defects in air conditioning equipment, plumbing, electric facilities or any part or appurtenance of Premises. 12. The plumbing facilities shall not be used for any other purpose than that for which they are constructed, and no foreign substance of any kind shall be thrown therein, and the expense of any breakage, stoppage, or damage resulting from a violation of this provision shall be borne by Tenant, who shall, or whose officers, employees, agents, servants, patrons customers, licensees, visitors or invitees shall have caused it. 13. All contractors and/or technicians performing work for Tenant within the Premises, Building or parking facilities shall be referred to Landlord for approval before performing such work. This shall apply to all work including, but not limited to, installation of telephones, telegraph equipment, electrical devices and attachments, and all installations affecting floors, walls, windows, doors, ceiling, equipment or any other physical feature of the Building, Premises or parking facilities. None of this work shall be done by Tenant without Landlord's prior written approval. 18 14. No showcases or other articles shall be put in front of or affixed to any part of the exterior of the Building nor placed in the halls, corridors or vestibules without the prior written consent of Landlord. 15. Glass panel doors that reflect or admit light into the passageways or into any place in the Building shall not be covered or obstructed by the Tenant, and Tenant shall not permit, erect, and/or place drapes, furniture, fixtures, shelving, display cases or tables, lights or signs and advertising devices in front of or in proximity of interior and exterior windows, glass panels, or glass doors providing a view into the interior of the Premises unless same shall have first been approved in writing by Landlord. 16. Canvassing, soliciting and peddling in the Building or parking facilities is prohibited and each Tenant shall cooperate to prevent the same. In this respect, Tenant shall promptly report such activities to the Building Manager's office. 17. There shall not be used in any space, or in the public halls of the Building, either by any Tenant or by jobbers or others, in the delivery or receipt of merchandise, any band trucks, except those equipped with rubber tires and guards. 18. The work of Landlord's janitors or cleaning personnel shall not be hindered by Tenant after 5:30 p.m. and such work may be done at any time when the offices are vacant. The windows, doors and fixtures may be cleaned at any time. Tenant shall provide adequate waste and rubbish receptacles, cabinets, bookcases, map cases, etc., necessary to prevent unreasonable hardship to Landlord in discharging its obligation regarding cleaning service. In this regard, Tenant shall also empty all glasses, cups and other containers holding any type of liquid whatsoever. 19. In the event tenant must dispose of crates, boxes, etc., which will not fit into office wastepaper baskets, it will be the responsibility of Tenant with Landlord's assistance to dispose of same. In no events shall Tenant set such items in the public hallways or other areas of Building or parking facilities, excepting Tenant's own Premises, for disposal. 20. Tenants are cautioned in purchasing furniture and equipment that the size is limited to such as can be placed on the elevator and will pass through the doors of the Premises. Large pieced should be made in parts and set up in the Premises. Landlord reserves the right to refuse to allow to be placed in the Building any furniture or equipment of any description which does not comply with the above conditions 21. Tenant will be responsible for any damage to the Premises, including carpeting and flooring, as a result of rust or corrosion of file cabinets, roller chars, metal objects or spills of any type of liquid. 22. If the Premises demised to the Tenant become infested with vermin caused by the Tenant, it agrees, at its sole cost and expense, to cause its premises to be exterminated from time to time, to the satisfaction of Landlord, and shall employ such exterminators therefore as shall be approved by Landlord. 23. Tenant shall not install any antenna or aerial wires, or radio or television equipment, or any other type of equipment, inside or outside of the Building, without Landlord's prior approval in writing, and upon such terms and conditions as may be specified by Landlord in each and every instance. 19 24. Tenant shall not advertise the business, profession or activities of Tenant in any manner which violates the letter or spirit of any code of ethics adopted by any recognized association or organization pertaining thereto, or use the name of the Building for any purpose other than that of the business address of Tenant or use any letterheads, envelopes, circulars, notices, advertisements, containers or wrapping material without Landlord's express consent in writing. 25. Tenant, its officers, agents, employees, servants, patrons, licensees, customers, invitees and visitors shall not solicit business in the Building's parting facilities or Common Areas, nor shall Tenant distribute any handbills or other advertising matter in automobiles parked in the Building's parking facilities. 26. Tenant shall not conduct its business in such manner as to create any nuisance, or interfere with, annoy or disturb any other tenant in the Building, or Landlord in its operation of the Building or commit waste or suffer or permit waste to be committed in the Premises, Building or parking facilities. In addition, Tenant shall not allow its officers, agents, employees, servants patrons, customers, licensees and visitors to conduct themselves in such manner as to cerate any nuisance or interfere with, annoy or disturb any other tenant in the Building or Landlord in its operation of the Building or commit waste or suffer or permit waste to be committed in the Premises, Building or parking facilities. 20 EXHIBIT "B" DESCRIPTION OF PROPERTY Address: 2100 SW 22 ST, Miami, Florida 33145 Folio Number: 01-4115-012-0620 PROPERTY INFORMATION 0 Folio: 01-4115012.0620 SAC-0Mston: NEW SHENANDOAH P roperty Address 2100 SW 22 ST Owns COPAL WAY INVESTMENTS INC Melling Address 2100 CORAL WAY 6305 MIAMI, FL 31145 PA Primary Zone 4101 DEN -PEDESTRIAN 4RIENTATIC P flm3ly Land Use 1313 DFTICE BUILDING- MULTISTORY: OFFICE BUILDING Beds f Balls /Neff LUVl5O Units Anwi Area L iving Area Adjusted Arad Lot sire Year Built 0/010 68,579 Sq.Ft 39,629 SAFl 1983 RILL LEGAL DIESCRIPT1011 NEW SHEr4ANE7C3}W Pa 111-55 LOTS 1 1HRL' 13 ELK 30 LDT SIZE 330.211111 X 1'17 OR a00,71-1851 1102 1 21 EXHIBIT "C" FLOOR PLAN 22 EXHIBIT "D" LANDLORD'S BOARD'S RESOLUTION [on following page] 23 Corporate Resolution for Coral Way Investments, Inc. We, the undersigned, being all of the directors of this Corporation, consent and agree that the following corporate resolution was made on 03125l2024 [date] at MP") [time] at Buenos Aims. Argentina [location) We do hereby consent to the adoption of the following decision: Authorizes Lorena Rodriguez Moral to execute any and all documents, including the Lease Agreement. between Coral Way Investments. Inc. and the City of Miami, a Municipal Corporation of the State of Florida. Now, therefore, it is resolved, that the Corporation shall: Authorizes Lorena Rodriguez Moral to execute any and all documents. including the Lease Agreement, between Coral Way Investments, Inc. end the City of Miami, a Municipal Corporation of the Stale o1 Florida. The Officers of this Corporation are hereby authorized to perform the acts to carry out this Resolution. We, the undersigned directors of this Corporation constituting a quorum of the Board, conseptand agree to ail f the above on this 25 day of March 20 24 . Ernesto Black 03/25/2024 Director Signature Printed Name Date Director Signature Director Signature Maria Teresa Novillo Astrada 03/25/2024 Printed Name Date Printed Name Date The Secretary of the Corporation certifies that the above is a true and correct copy of the Resolution that was duly adopted at a meeting of the Board of Directors. Secretary Signa the-�-- Corporate Resolution - Page 1 of 1 Lorena Rodriguez Moral Printed Name 03/25/2024 Date N1:bftkrrelggesoiutian ', • V IA L 4/3/24, 2:53 PM Detail by Entity Name DIVISION OF CORPORATIONS urn uj/kThi State svetkviito Department of State / Division of Corporations / Search Records / Search by Entity Name / Detail by Entity Name Florida Profit Corporation CORAL WAY INVESTMENTS, INC. Filing Information Document Number P02000112663 FEI/EIN Number 82-0570990 Date Filed 10/18/2002 State FL Status ACTIVE Last Event AMENDMENT Event Date Filed 10/25/2016 Event Effective Date NONE Principal Address 2100 CORAL WAY, STE 305 MIAMI, FL 33145 Changed: 07/28/2009 Mailing Address 2100 CORAL WAY, STE 305 MIAMI, FL 33145 Changed: 07/28/2009 Registered Agent Name & Address Rodriguez Moral, Lorena 151 Crandon Blvd Apt 1123 Key Biscayne, FL 33149 Name Changed: 02/03/2016 Address Changed: 06/22/2020 Officer/Director Detail Name & Address Title S https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&search NameOrder=CORALW... 1 /2 4/3/24, 2:53 PM RODRIGUEZ MORAL, LORENA 2100 CORAL WAY, STE 305 MIAMI, FL 33145 Annual Reports Report Year Filed Date 2021 04/27/2021 2022 04/27/2022 2023 04/21/2023 Document Images 04/21 /2023 -- ANNUAL REPORT 04/27/2022 --ANNUAL REPORT 04/27/2021 --ANNUAL REPORT 06/22/2020 --ANNUAL REPORT 04/22/2019 --ANNUAL REPORT 04/30/2018 --ANNUAL REPORT 04/27/2017 --ANNUAL REPORT 10/25/2016 -- Amendment 02/03/2016 --ANNUAL REPORT 04/30/2015 --ANNUAL REPORT 04/30/2014 --ANNUAL REPORT 04/30/2013 --ANNUAL REPORT 05/01/2012 --ANNUAL REPORT 04/26/2011 --ANNUAL REPORT 03/15/2010 --ANNUAL REPORT 07/28/2009 --ADDRESS CHANGE 04/22/2009 --ANNUAL REPORT 04/30/2008 --ANNUAL REPORT 04/23/2007 --ANNUAL REPORT 04/24/2006 --ANNUAL REPORT 04/19/2005 --ANNUAL REPORT 01 /29/2004 -- ANNUAL REPORT 10/08/2003 --ANNUAL REPORT 10/18/2002 -- Domestic Profit View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format Detail by Entity Name Florida Department of State, Division of Corporations https://search.sunbiz.org/I nquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&search NameOrder=CORALW... 2/2 EXHIBIT "E" TENANT'S BOARD RESOLUTION [on following page] 24 City of Miami Legislation Resolution Enactment Number: R-24-0056 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15461 Final Action Date:2/8/2024 A RESOLUTION OF THE CITY OF MIAMI COMMISSION, WITH ATTACHMENTS, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A LEASE AGREEMENT ("AGREEMENT"), BETWEEN THE CITY OF MIAMI ("CITY") AND CORAL WAY INVESTMENTS, INC. ("LESSOR"), FOR THE USE OF APPROXIMATELY TWO THOUSAND SQUARE FEET ("2,000 SQ. FT.") OF OFFICE SPACE LOCATED AT 2100 SW 22ND STREET, SUITE 300, MIAMI, FL ("PROPERTY"), FOR THE OPERATION OF THE DEPARTMENT OF FIRE -RESCUE URBAN SEARCH AND RESCUE ("US&R"), COMMENCING ON THE COMMENCEMENT DATE, FOR A MONTHLY RENTAL FEE IN AN AMOUNT NOT TO EXCEED FOUR THOUSAND EIGHT HUNDRED THIRTY-THREE DOLLARS AND THIRTY-THREE CENTS ($4,833.33), FOR A PERIOD OF ONE (1) YEAR, AS MORE PARTICULARLY SET FORTH IN THE ATTACHED AND INCORPORATED AS EXHIBIT A, ALL SET IN FORMS ACCEPTABLE TO THE CITY ATTORNEY; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, INCLUDING ANY AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS SUBJECT TO ALL ALLOCATIONS, APPROPRIATIONS, PRIOR BUDGETARY APPROVALS, COMPLIANCE WITH ALL APPLICABLE PROVISIONS OF THE CITY CHARTER AND CITY CODE, IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AND IN COMPLIANCE WITH ALL APPLICABLE LAWS, RULES, AND REGULATIONS, AS MAY BE DEEM NECESSARY FOR SAID PURPOSE. WHEREAS, the City of Miami ("City") Department of Fire -Rescue Urban Search and Rescue ("US&R") is in need of securing office space for their operations; and WHEREAS, the US&R enlisted the assistance of the Department of Real Estate and Asset Management ("DREAM") to locate suitable office space; and WHEREAS, there are no suitable City -owned properties available to meet the needs required by US&R; and WHEREAS, the City, with broker Savills' assistance, has located suitable office space owned by Coral Way Investments, Inc. ("Lessor"), providing for the use of two thousand square feet (2,000 sq. ft.), and has negotiated a rental rate for the use and occupancy of office space located at 2100 SW 22nd Street, Suite 300, Miami, Florida ("Property"), at a rate of twenty-nine dollars ($29.00) per square foot on an annual basis; and WHEREAS, the City and Lessor wish to enter into a Lease Agreement to secure use of the Property for the US&R. 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 thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized {1} to negotiate and execute the Agreement, in a form acceptable to the City Attorney, between the City and Lessor, for use of office space located at 2100 SW 22nd Street, Suite 300, Miami, Florida, with terms and conditions as more specifically set forth in said Lease Agreement. Section 3. The City Manager is further authorized 1 to negotiate and execute any and all documents, including any amendments, renewals, extensions, and modifications subject to allocations, appropriations, prior budgetary approvals, compliance with all applicable laws, rules, and regulations, as may be deemed necessary for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor 2. APPROVED AS TO FORM AND CORRECTNESS: 4 z,C' ndeeCity 'ttor ey 1730/2024 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. 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City. Olivera, Rosemary From: Sent: To: Cc: Subject: Complete_ with_... Good afternoon, everyone, Blue, Sabrina Thursday, April 11, 2024 12:20 PM Lee, Denise; Olivera, Rosemary; Ewan, Nicole; Hannon, Todd Frey, Andrew; Pivovarov, David; Bustamante, Aldo Matter # 24-122 - Coral Way Investments, Inc. Lease Agreement for Fire -Rescue Please find attached a fully executed copy of an amendment from DocuSign that is to be considered an original agreement for your records. Sc'dyrCvux, Blue/ Assistant to Director Department of Real Estate & Asset Management "DREAM" 444 SW 2nd Avenue, 3rd FL Miami, FL 33130 sblue@miamigov.com www.miamigov.com 1