HomeMy WebLinkAboutMaster ReportFile Number: 6354
Revision: B
City of Miami
Master Report
Enactment Number: R-19-0428
File Type: Resolution
File Name: Execute Fifth Amendment - Bayside Marketplace
Requesting Dept: Department of Real Estate and Asset
Management
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 8/8/2019
Final Action Date: 10/24/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE A FIFTH AMENDMENT TO THE
AMENDED AND RESTATED LEASE AGREEMENT (RETAIL PARCEL) ("LEASE")
BETWEEN THE CITY OF MIAMI ("CITY") AND BAYSIDE MARKETPLACE, LLC, A
DELAWARE LIMITED LIABILITY COMPANY, SUCCESSOR BY MERGER TO BAYSIDE
CENTER LIMITED PARTNERSHIP ("DEVELOPER"), IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY, FOR THE CITY -OWNED PROPERTY LOCATED AT 401
BISCAYNE BOULEVARD, MIAMI, FLORIDA TO MODIFY CERTAIN PROVISIONS OF
THE LEASE TO INCLUDE AMENDING THE HEIGHT LIMITATION FOR A
TEMPORARY FERRIS WHEEL ("FERRIS WHEEL") TO ONE HUNDRED EIGHTY FEET
(180') ABOVE GRADE SUBJECT TO ALL APPLICABLE LAWS, RULES, AND
REGULATIONS OF THE CITY OF MIAMI WITH ADDITIONAL TERMS AND
CONDITIONS AS MORE PARTICULARLY SET FORTH IN THE FIFTH AMENDMENT
TO THE LEASE, WHICH INCLUDE BUT ARE NOT LIMITED TO A) THE EXPRESS
RESERVATION OF ALL AIR RIGHTS TO THE CITY; B) AN INCREASE IN HEIGHT
FOR THE FERRIS WHEEL ONLY; C) THE LOCATION OF THE FERRIS WHEEL AS
DEPICTED ON THE EXHIBIT TO THE FIFTH AMENDMENT; D) THE PAYMENT BY
THE DEVELOPER TO THE CITY OF TEN PERCENT (10%) OF GROSS RECEIPTS OF
TICKET SALES FROM THE FERRIS WHEEL AND PAYMENT OF THE APPROPRIATE
TICKET SURCHARGE, PURSUANT TO SECTION 53-1 OF THE CODE OF THE CITY
OF MIAMI, FLORIDA, AS AMENDED; AND E) THAT ALL OTHER HEIGHT
LIMITATIONS REMAIN IN EFFECT.
Notes:
Links:
Attachments: 6354 Exhibit CC MTG 9/26/19 (PDF)
6354 Back -Up Documents (PDF)
History of Legislative File:
Revision:
Acting Body:
Date:
Action:
Result:
Aldo Bustamante
8/13/2019
Department Head Review
Completed
Christopher M Rose
8/22/2019
Budget Review
Completed
Fernando Casamayor
8/22/2019
Assistant City Manager Review
Completed
Nikolas Pascual
8/23/2019
City Manager Review
Completed
City Commission
9/26/2019
Meeting
Completed
City Commission
9/26/2019
NO ACTION TAKEN
Passed
A
City Commission
10/24/2019
Meeting
Completed
A
City Commission
10/24/2019
ADOPTED WITH
Passed
City of Miami
Page 1 of 2
Printed on: 12/26/2019
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B Mayor's Office
B City Clerk's Office
B Victoria Mendez
B
City Clerk's Office
City of Miami
Master Report
Enactment Number:
11/4/2019
11/4/2019
12/20/2019
12/20/2019
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
R-19-0428
MODIFICATION(S)
Signed
Signed and Attested by the City
Clerk
Approved Form and
Correctness with Modification(s)
Rendered
Completed
Completed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 12/26/2019