Item Coversheet

NEW BUSINESS  9.

COMMITTEE MEMORANDUM

TO: Finance and Economic Resiliency Committee Members


FROM:
Alina T. Hudak, City Manager


DATE: September 24, 2021


SUBJECT:DISCUSSION OF A PROPOSED AMENDMENT TO THE LEASE AGREEMENT BETWEEN THE MIAMI BEACH REDEVELOPMENT AGENCY, A PUBLIC BODY CORPORATE AND POLITIC (RDA) (LANDLORD) AND MR. R SPORTS, INC. (TENANT) FOR THE USE OF A SPACE, HAVING APPROXIMATELY 2,884 SQUARE FEET AT ANCHOR SHOPS AND GARAGE, LOCATED AT 100 16th STREET, SUITES NO. 1-4, MIAMI BEACH, FLORIDA; SAID AMENDMENT REDUCING THE BASE RENT FOR THE FINAL LEASE YEAR AND FURTHER DISCUSSING THE EXECUTION OF A CONDITIONAL LEASE TERMINATION AGREEMENT

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?
No No 
ATTACHMENTS:
DescriptionType
MemoMemo
AmendmentMemo
Exhibit A Conditional Termination Agreement Memo