Item Coversheet

NEW BUSINESS  14.

COMMITTEE MEMORANDUM

TO: Finance and Economic Resiliency Committee Members


FROM:
Alina T. Hudak, City Manager


DATE: April 30, 2021


SUBJECT:DISCUSS A PROPOSED EXTENSION OF THE CITY’S LEASE WITH 1 WASHINGTON AVENUE CORP, THE CITY’S LONG-TERM TENANT AND OPERATOR OF THE “SMITH & WOLLENSKY” RESTAURANT FACILITY AT SOUTH POINTE PARK, WITH THE FOREGOING SUBJECT TO INDEPENDENT THIRD-PARTY APPRAISALS OF THE LEASE AND NEGOTIATION OF THE LEASE AMENDMENT TERMS, INCLUDING PROPOSED TENANT IMPROVEMENTS, WHICH WOULD BE COMPLETED BY THE LESSEE, AT NO COST OR EXPENSE TO THE CITY

Applicable Area

South Beach
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes No 
ATTACHMENTS:
DescriptionType
MemorandumMemo
Exhibit AOther
Exhibit BOther
Exhibit COther
Exhibit DOther
Exhibit EOther
Exhibit FOther