Item Coversheet

Redevelopment Agency - RDA  2.




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:October  13, 2021
 



SUBJECT:A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR AND SECRETARY TO EXECUTE AMENDMENT NO. 1 TO THE LEASE, DATED OCTOBER 2, 2012, BETWEEN THE RDA (LANDLORD) AND MR. R SPORTS, INC. (TENANT) FOR USE OF APPROXIMATELY 2,884 SQUARE FEET OF RETAIL SPACE AT THE ANCHOR SHOPS, LOCATED AT 100 16TH STREET, SUITES 1-4; SAID AMENDMENT REDUCING THE MINIMUM RENT PAYMENT FOR THE FINAL LEASE YEAR, TO ADDRESS THE IMPACT OF THE COVID-19 PANDEMIC UPON TENANT’S OPERATIONS; AND FURTHER APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR AND SECRETARY TO EXECUTE A CONDITIONAL LEASE TERMINATION AGREEMENT.

SUPPORTING SURVEY DATA

n/a

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 
Legislative Tracking
Facilities and Fleet Management Department

ATTACHMENTS:
Description
Memo
Reso
Conditional Termination Agreement
Amendment