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HomeMy WebLinkAboutR-72-0138tc r•. RESOLUTION NO. 7Z-As A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER AND CITY CLERK TO EXECUTE AN EXTENSION OF LEASE FOR AN ADDITIONAL PERIOD OF FIVE (5) YEARS FROM APRIL 10, 1972 TO APRIL 9, 1977, BETWEEN THE CITY OF MIAMI AND THE CORAL REEF YACHT CLUB, TO USE THE LEASED PREMISES SUBJECT TO THE SAME TERMS AND CON- DITIONS AS THE ORIGINAL LEASE, DATED APRIL 10, 1962, A COPY OF SAID EXTENSION OF LEASE BEING ATTACHED HERETO AND MADE A PART HEREOF. WHEREAS, on April 10, 1962, the City of Miami entered into a Lease with Coral Reef Yacht Club, as Lessee, to use the leased premises as provided in said Lease, the term of said Lease being for a period of five (5) years from April 10, 1962 to April 9, 1967, with the Lease containing a provision that upon written request to the City Manager of the City of Miami, the Lessee could continue to use the premises for additional periods of five (5) years; and WHEREAS, upon the request of the Coral Reef Yacht Club, the original Lease was extended for an additional period of five (5) years from April 10, 1967 to April 9, 1972; and WHEREAS, the Coral Reef Yacht Club has requested that the Lease be extended for an additional period of five (5) years from April 10, 1972 to April 9, 1977; and WHEREAS, the City Manager recommends that the original Lease dated April 10, 1962 be extended for an additional period of five (5) years, to expire April 9, 1977. r,era..h4 t�}its+1 . psi w.-138 L F E 11 r L i /5 fi NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager and City Clerk are here- by authorized and directed to execute an Extension of Lease with Coral Reef Yacht Club to use the leased premises subject to the same terms and conditions as the original Lease, dated April 10, 1962 for a period of five (5) additional years, from April 10, 1972 to April 9, 1977, in accordance with said Extension of Lease, a copy of which is attached hereto and made a part hereof. PASSED AND ADOPTED this day of 47047 , 1972. PREPARED AND APPROVED BY: Haro d Young Special Counse REVIEWED BY: 6°5;;;;7 'hack R. Rice, Jr. Assistant to Dire or APPR0 AS TO, /, A an H. Rothstein City Attorney RM ANDS 4bRRE• ES EXTENSIOR OF LEASE THIS EXTENSION OF LEASE, made and entered into this day of , 1972, by and between THE CITY OF MIAMI, a municipal corporation of the State of Florida, hereinafter called "THE CITY" and CORAL REEF 'YACHT CLUB, a corporation not for profit, existing under the laws of the State of Florida, hereinafter called the "LESSEE". WITNESSET H: WHEREAS, on April 10, 1962, the City of Miami entered into a Lease with the Coral Reef Yacht Club for the construc- tion, operation, use and maintenance of a certain area in Biscayne Bay, Dade County, Florida to be used for docking purposes by the members and guests of the Coral Reef Yacht Club; and WHEREAS, on April 10, 1967, the Lease described above was extended for a period of five (5) years to expire April 9, 1972; and WHEREAS, the Coral Reef Yacht Club has requested that the Lease be further extended for another period of five (5) years; and WHEREAS, Resolution No. , passed and adopted by the Miami City Commission on the day of 1972, extended the existing Lease between the City of Miami and Coral Reef Yacht Club for an additional period of five (5) years from April 10, 1972 to April 9, 1977. NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter contained to be observed and performed, and for One Dollar ($1.00), receipt of which is hereby acknowledged, and other good and valuable consider- ation, the parties hereto do hereby covenant and agree as follows: 1. The Lessee shall have the right to the continued use of the leased premises as provided in the original Lease for an additional period of five (5) years, commencing April 10, 1972 and ending April 9, 1977. 2. The terms and conditions of the original Lease entered into between the parties hereto on April 10, 1962 shall remain in full force and effect and shall not be deemed to be repealed, amended or modified in any way except as hereinabove specifically provided. IN WITNESS WHEREOF, the parties hereto have caused this Extension of Lease to be executed in their names by their duly authorized officers, all as of the day and year first above written. THE CITY OF MIAMI, a municipal corpora- tion of the State of Florida By: (SEAL) City Manager Attest: City Clerk CORAL REEF YACHT CLUB, a corporation not for profit of the State of Florida By: Commodore Attest: Secretary APPROVED AS TO FORM AND CORRECTNESS: Alan H. Rothstein - City Attorney - 2 - (SEAL