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Resolution 79-15813 RESOLUTION NO. 79-15813 A RESOLUTION AUTHORIZING EXECUTION OF AGREEMENT WITH FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MIAMI FOR USE OF PARKING SPACES IN OFF-STREET PARKING LOT 24B (71ST STREET AND RUE VENDOME) , FROM JANUARY 1, 1979 , TO DECEMBER 31, 1979. WHEREAS, First Federal Savings and Loan Association of Miami, Florida, has requested an Agreement with the City of Miami Beachfor a one-year period beginning January 1, 1979 , and WHEREAS, the said Agreement provides that said Bank shall have the use of five (5) off-street parking spaces for the one-year period from January 1, 1979 , through December 31, 1979 , upon the terms, conditions and provisions set forth therein, and WHEREAS, the City Commission deems it to be in the best interests of the City that such Agreement be entered into by and between the City and said Bank, and WHEREAS, the City Attorney has prepared an appropriate Agreement containing such terms, conditions and provisions with which the City Commission is familiar; NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk be and they are hereby authorized and directed to execute the said Agreement for and on behalf of the City of Miami Beach, Florida. PASSED and ADOPTED the 17th day of January.'. , 1979 • VICE Mayor Attest: City Clerk OFFICE OF THE CITY ATTORNEY-1700 CONVENTION CENTER DRIVE -MIAMI BEACH;FLORIDA 33139 AGREEMENT THIS AGREEMENT, made and entered into the 17th day of January , 1979, by and between FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MIAMI, a United States corporation, party of the first part, hereinafter referred to as the "BANK" , and THE CITY OF MIAMI BEACH, a Florida municipal corporation, party of the second part, hereinafter referred to as the "CITY" , WITNESSETH : 1. The Agreement between the parties hereto, shall be for a. one-year period ending December 31, 1979, upon all- terms, conditions, and provisions therein set forth, said Agreement to provide that said BANK shall have the use of five (5) off-street parking spaces, in Off-Street Parking Area 24B (71st Street and Rue Vendome) , and that the rental for this term shall be One Thousand Two Hundred Fifty Dollars ($1, 250. 00) per annum, payable in lawful money of the United States of America, at the time of the execution and delivery of this Agreement by said BANK. 2. This Agreement is entered into with express recog- nition by both parties hereto, that the interest of the public in and to the parking spaces hereby leased is paramount. The lease of this space will not be detrimental in any way to either the City or the Parking System at this time. ' 3. Said Agreement is entered into with provision that the CITY may cancel coincident with constructionof a Parking Garage on this site, if one. should be started during this lease period. If, by reason of a change in circumstances, the public' s paramount right to the use of these spaces shall conflict with the subject matter of this lease, the City Commission, in its sole and exclusive judgment, may so find andishall be authorized and empowered to terminate this Agreement at its will , and the rights of the BANK hereunder shall immediately cease and terminate. OFFICE OF THE CITY ATTORNEY-1700 CONVENTION CENTER DRIVE-MIAMI BEACH,FLORIDA 33139 • r c 4 . The lessee shall be allowed to erect painted metal ,Td?F 1° signs in each space to read "Reserved For First Federal- Monday r Thru Friday 7 A.M.-7 P.M. - Others Towed Away At Owner' s Expen's . " 5. In the event of the termination of this Agreement, in accordance with the provisions of the preceding paragraph, the rent payable hereunder shall be prorated to the date of such termination. IN WITNESS WHEREOF, the CITY has caused this Agreement to be signed by its Mayor, and attested by its City Clerk, and the BANK has caused the signature of the proper officers to be affixed hereto, and the respective corporate seals affixed hereto, the day and year first above written. CITY OF MIAMI BEACH By i •••-st ---"-r,...e/ te.e.e..;,.4.440() VICE Mayor Attest: (SEAL) City Clerk • FIRST FEDERAL SAVINGS AND LOAN • ASSOCIATION OF MIAMI Bycp.%eaesr.,.. Witness: i� . c k. ?re:••*IQ //'',, (SEAL) d . -2- OFFICE OF THE CITY ATTORNEY-1700 CONVENTION CENTER DRIVE-MIAMI BEACH,FLORIDA 33139 ORIGINAL _. _. RESOLUTION NO. 79-15813 (Authorizing execution of an agreement with First Federal Savings and Loan Association for use of parking spaces in Off Street Parking Lot 24B (71st St. and Rue Vendome for period 1/1/79 through 12/31/79)