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Resolution 8664 RESOLUTION NO. 8664 WHEREAS, on December 23, 1949 the 'City of Miami Beach and Vendrinks Company, as "The Concessionaire" entered into a written agreement wherein and whereby Vendrinks Company, as The Concessionaire, was granted the exclusive right and privilege to install and operate automatic drink dispenser machines, in accordance with the terms of certain "Specifi- cations, as amended, for the installing and operation of automatic coin-operated cold-soft drink vending machines in Miami Beach" ; and WHEREAS, by written agreement dated January 23, 1952 the City and Vendrinks Company as The Concessionaire extend- ed the term of their agreement of December 23, 1949 to Jan- uary 31, 1954; and WHEREAS, J. & M. Vending Company, The Concessionaire herein, is the successor of Vendrinks Company, by merger, and, therefore, is presently The Concessionaire under said aforementioned agreements; and WHEREAS, the parties are now desirous of further ex- tending the term of said agreement to January 31, 1956; and WHEREAS, the City Council of the City of Miami Beach deems it to be to the best interest of the said City to further extend the term of said agreement; and WHEREAS, the City Attorney has prepared an agreement between the parties, by the terms of which the term of said agreement is extended and The Concessionaire agrees to pay to the City of Miami Beach, in consideration of the above- described grant of concession, twenty-six per cent (26%) of the gross receipts from the drink dispensing machines above referred to, for the period beginning February 1, 1954 and ending January 31, 1956; the first payment to the City by The Concessionaire, under this extension of said agreement, shall become due and payable on February 1, 1954, and subsequent payments hereunder shall become due and payable on the first day of each and every month thereafter for the entire life of this agreement; and WHEREAS, the City Council is familiar with the terms of said agreement, NOW, THEREFORE, BE IT RESOLVED BY TILE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City Clerk be and they are hereby authorized and directed to execute the said agreement in the anme of and on behalf of said City . PASSED and ADOPTED this 17th day of February, A.D. 1ti54. %7 . ...IP de Air/ ir Attest: ___. . ., �� jI r . _ �..:T ariC1J-:; C erke • OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA • • • O O4-) 4-30 4-1 q U O 0a0 O vi 0 ri 'i 0 • +) 4 Z o D ;-+ H Z Q) H 0 H ) rl O lf\ O El 4 4-4 a\ r1 +) IV CCt) .-1-1 C) ri r 1 c 0aa) 0m mai • bo cd •=4cd (I> '-)