The Administration recommends that the Mayor and City Commission adopt the Resolution.

The City has been given the opportunity to USE a room, having approximately 127 square feet of space at a building, known as Rebecca Towers South, located at 200 Alton Road (THE Licensed Premises), to house certain public facilities equipment. The City and owner of the building, the Housing Authority of the City of Miami Beach, Florida negotiated a License Agreement containing  the following essential terms (“Agreement”).

A.    Licensed Premises: Room having 127 square feet located at

200 Alton Road

      Miami Beach, FL 33139

B.    Landlord: The Housing Authority of the City of Miami Beach, Florida

C.   Effective Date: Upon execution following Commission approval.

D.   Term:  Five (5) years, with four (4) additional five (5) year renewal terms, upon                 agreement of both parties.

E.    Rent:   $20,000.00 annually, with annual increases of 3% or the CPI-U, whichever is less, per year beginning the second contract year. (The total rental amount is approximately $106,183 over the five (5) year initial term)

F.    Termination for Convenience: The City, will have the right to terminate without cause and for convenience, upon ninety (90) days’ notice.

All costs associated with initial installation of the public facility’s equipment, including any building modifications, equipment, and installation, will be covered by funds already approved and allocated in the G.O. Bond. Ongoing costs associated with the Agreement in subsequent years, like equipment maintenance and annual rent, will be budgeted on an annual basis.

Based on the foregoing, I recommend that the Mayor and City Commission hereby approve and authorize the City Manager to execute  a new License Agreement between the City (Tenant) and The Housing Authority of the City of Miami Beach, Florida (HACMB) (Landlord), in the form attached to this City Commission Memorandum as Exhibit “I” for the use of a room having approximately 127 square feet, at Rebecca Towers South, located at 200 Alton Road; said Agreement having an initial term of five (5) years, and up to four (4) additional five (5) year renewal terms, subject to agreement of the parties.