RESOLUTION 89-19599 RESOLUTION NO. 89-19599
A RESOLUTION AUTHORIZING EXECUTION OF LEASE
AGREEMENT WITH I.B.S. FLEA MARKETS, INC. FOR THE
USE OF HALL D IN THE STEPHEN MUSS CONVENTION
CENTER JUNE 8-18, 1990.
WHEREAS, the City Commission of the City of Miami Beach,
Florida, has been advised that
I.B.S. FLEA MARKETS, INC.
desires to lease certain premises and facilities of the City of
Miami Beach, to-wit:
HALL D IN THE STEPHEN MUSS CONVENTION CENTER
on
JUNE 8-18, 1990
for the event known as
WORLD'S LARGEST INDOOR FLEA MARKET
AND WHEREAS, an appropriate lease agreement has been prepared
by the Stephen Muss Convention Center Director and approved as to
form by the City Attorney, and
WHEREAS, the City Commission has been advised of and is familiar
with the terms and provisions of the said lease agreement and deems
it to be in the best interest of the City to authorize the
execution of the said lease agreement.
NOW; THEREFORE, BE IT 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 above-
described lease agreement on behalf of the City, and that the
Stephen Muss Convention Center Director be and he is hereby
authorized and directed to carry into effect the terms and
provisions undertaken therein by the City.
PASSED and ADOPTED this 10th da o / M2AI 41989 .
/// / lopp,
MAYOR
Attest:
2?-)
City Clerk
Form Approved
-1L4k
Legal Department
Dated:, 8'
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REF: 1\CNVAGREE.RES
00 4 /44
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FLORIDA 3 3 1 3 9
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*(INCORM ORATED*.' "VA CA TIONL.4ND U. S. A. "
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OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: 673-7010
r
COMMISSION MEMORANDUM
NO.
DATE: MAY 10, 1989
TO: Mayor Alex Daoud
Members of th- ity Commis on
FROM: Rob W. Parkins lir0.; ', i,
City 9 Mana er i► A.
SUBJECT: LEASE AGREEME ' - I . B.S. FLEA MARKETS, INC.
FACILITY: HALL D IN THE STEPHEN MUSS CONVENTION CENTER
EVENT: WORLD' S LARGEST INDOOR FLEA MARKET
DATES: JUNE 8-18, 1990
AMOUNT: The lessee hereby covenants and agrees to pay the fol lowing
minimum rentals, or such higher rentals as shall become
effective on or before 120 days prior to the date lessee
takes occupancy under this lease; provided, however, that
lessee' s obligation with respect to such higher rentals
shal 1 be 1 imi ted to an increase of 12% over the following
minimum rentals :
55 per square foot of net exhibit space used wi th a minimum
guarantee of $27,000.00 based on $4,500.00 per day, plus
Florida State Rental Tax, which is currently 6%.
RATE: Commission approved
ADDITIONAL NONE
CHARGES :
ADMINISTRATION Approve contract with I .B. S. Flea Markets, Inc. for payment
RECOMMENDATION : of 55 per square foot of net exhibit space used with a
minimum guarantee of $27,000.00 based on $14,500.00 per day,
plus Florida State Rental Tax, which is currently 6%.
RWP/Nhs
1
t,( 3
.
AGENDA , 2 _ I
ITEM (1_
DATE
1 1-\'` Cri
ORIGINAL
RESOLUTION NO. 89-19599
Authorizing execution of Lease Agreement
with I.B.S. Flea Markets, Inc. for the
use of Hall D in the Stephen Muss Con-
vention Center June 8-18, 1990.