| | | | | | | |  | Resolutions - C7 AA
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Rafael A. Paz, City Attorney | | | DATE: | April 28, 2023 | | | |
| | SUBJECT: | A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS APRIL 21, 2023 MEETING, TO AUTHORIZE THE ADMINISTRATION TO NEGOTIATE A PROPOSED NON-BINDING TERM SHEET WITH BOUCHER BROTHERS MIAMI BEACH, LLC (THE “BOUCHER BROTHERS”) WITH RESPECT TO THE POTENTIAL MANAGEMENT OR OPERATION OF THE PROPERTY LOCATED AT 1 OCEAN DRIVE, TO BE EFFECTIVE AFTER THE EXPIRATION OF THE EXISTING LEASE AND CONCESSION AGREEMENT WITH PENROD BROTHERS, INC.; FURTHER, REQUESTING THAT THE ADMINISTRATION AND CITY ATTORNEY’S OFFICE CONSIDER, AS PART OF THE NEGOTIATIONS, WHETHER THE FOREGOING SHOULD BE ACCOMPLISHED EITHER AS AN AMENDMENT TO THE BOUCHER BROTHERS’ CONCESSION AGREEMENT OR AS A STAND-ALONE AGREEMENT; AND FURTHER PROVIDING THAT THE NEGOTIATED THE TERM SHEET SHALL BE SUBJECT TO THE PRIOR REVIEW AND APPROVAL OF THE MAYOR AND CITY COMMISSION, TO ALLOW THE CITY COMMISSION TO DETERMINE WHETHER IT DESIRES TO PROCEED FURTHER WITH A PROPOSED MANAGEMENT AGREEMENT OR CONCESSION AGREEMENT, IN ACCORDANCE WITH SECTION 1.03(F) OF THE CITY CHARTER. |
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| | | | | | | | ANALYSIS
| | At the April 21, 2023 meeting of the Finance and Economic Resiliency Committee, the Finance Committee unanimously recommended the action proposed in the attached Resolution. The Finance Committee also requested that this item be heard at the April 28, 2023 City Commission meeting. Accordingly, the proposed Resolution is submitted for the City Commission’s consideration as part of the April 28, 2023 City Commission agenda. |
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| | | | | | | | SUPPORTING SURVEY DATA
| | N/A |
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| | | | | | | | FINANCIAL INFORMATION
| | N/A at this time. |
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| | | | | | | | Applicable Area
| | South Beach |
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| | | | | | | | | 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 | |
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| | | | | | | | Legislative Tracking
Office of the City Attorney |
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| | | | | | | | Sponsor
Vice-Mayor Ricky Arriola |
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