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Resolution 10362 7 RESOLUTION NO. 10362 WHEREAS, Agreements have been heretofore prepared by the terms of which various hotel operators of the City of Miami Beach, in consideration of benefits which will accrue to such operators, have agreed to pay over to the City an amount equal to five percent (5%) of the gross room revenue accruing to the operators from conventions booked and held in said City, and WHEHEAS, the City Council is familiar with the terms of said agreements and deems it to be to the best interest of the City that said agreements be entered into, NOW, THEREFORE, BE IT RESOLVED BY THE 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 in the name of and on behalf of said City the said agreement which is as follows : AGREEMENT between the City of Miami Beach and Joseph W. Cannon for the Sherita Apartments, for the period extending from June 21, 1960 to August 31, 1963. PASSED and ADOPTED this 20th day of July, 1960. Mayor ATTEST: /,' -- City C rk T � b 4 N ri l0 3 itzej (S‘ o +� a a. � d o (1) 0 z z (1.) Z 43 H 0 1 H cd 0 E-+ x a 1-4 oC/) , ;..1 a) o