RESOLUTION 89-19643 RESOLUTION No. 89- 19643
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE
THE LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH
PARKING DEPARTMENT AND AMERIFIRST BANK, A FEDERAL
SAVINGS BANK, FOR FIVE (5) PARKING SPACES LOCATED IN
MUNICIPAL PARKING LOT 24B BETWEEN 6:00 AM AND 6:00 PM ,
MONDAY THROUGH FRIDAY; FOR PROVISION OF DESIGNATED
PARKING SPACES FOR PATRONS OF THE BANK.
WHEREAS, the City Commission adopted Resolution 82-16945 on March 17,
1982, and did authorize a specific lease agreement between the City of Miami
Beach and Amerifirst Bank, a Fe rAtSavi ngs Bank, for five parking spaces in
municipal lot 24B located at 71s and Rue Vendome; and
WHEREAS, the Agreement authorized a lease rate of $1,250.00 for the five
spaces per year; and
WHEREAS, this agreement has not been revisited since the original date of
execution with respect to rate and insurance requirements; and
WHEREAS, the accumulated Consumer Price Index for the period 1982 through
1988 inclusive has amounted to approximately 21%.
WHEREAS, the City of Miami Beach and Amerifirst 13411.1c i have renegotiated
a lease agreement for five (5) spaces, a copy of which is hereto attached; and
WHEREAS, the City Manager recommends the lease and the City Attorney has
approved it to form.
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 attached Lease Agreement for rental of
five spaces in Municipal Parking Lot 24B, located at 71st Street
and Rue
Vendome;
BE IT ALSO DULY RESOLVED, by the City Commission of the City of Miami
Beach, that the rate for these rental be $1,600.00 per year for the five spaces.
PASSED and ADOPTED this 21st day of June, 1989.
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MAYOR
Attest by:
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City Clerk
FORM APPROVED
LEGAL DEPARTMENT:
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Date: 67/ yx,
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FLORIDA 3 3 1 3 9
*ANGOR IMAM *; "VA CA TIONL A ND U. S. A."
OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: 673-7010
V
COMMISSION MEMORANDUM NO. 3`
631
June 21, 1989
DATE:
TO: Mayor Alex Da. . . and
Members of t• e City Com io
FROM: Rob W. Parkins j ,"
City Manager 1�
SUBJECT: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH
AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE LEASE AGREEMENT
BETWEEN THE CITY OF MIAMI BEACH PARKING DEPARTMENT AND AMERIFIRST
BANK, A FEDERAL SAVINGS BANK, FOR FIVE (5) PARKING SPACES LOCATED
IN MUNICIPAL PARKING LOT 24B BETWEEN 6:00 AM AND 6:00 PM MONDAY
THROUGH FRIDAY FOR PROVISION OF DESIGNATED PARKING SPACES FOR PATRONS
OF THE BANK.
The Parking Department has been requested by representatives of Amerifirst Bank
of Miami Beach, to renegotiate and establish a continuation of the lease of five
spaces in the City's Municipal Parking Lot 24B, located at 71st Street and Rue
Vendome. The City Commission last addressed this lease in 1982 at which time
City Resolution No. 82-16945 was adopted at a rate of $1,250.00 per year for the
five spaces.
Since it has been over seven years since the rate and other requirements for
these meters were reviewed by either party, the attached resolution has been
prepared for consideration and adoption. The revised rate for this lease has
been calculated by applying the Consumer Price Index (percentage factor) for all
urban consumers to the base lease payment of $1,250.00 as defined in the previous
agreement. The cumulative effect of the CPI adjustments amount to an approximate
21% increase overall . Accordingly, the rate for the rental of these spaces in
the new Lease Agreement will be $1,600.00 per year for the five spaces, payable
in advance.
The Lease also requires that Amerifirst provide verification of insurance
coverage, naming the City as an additionally insured in an amount of $1,000,000
per occurrence. This coverage should be rated A:X or better as reflected in A.
M. Best's Key Rating Guide (current edition) .
The Lease provides for a term of one year from execution. A subsequent one-year
period may be negotiated upon completion of the first term should Amerifirst so
desire. In addition, we have provided for a thirty-day (30) termination clause
for any reason by either party; provided, however, that written notice is
property rendered.
ADMINISTRATION RECOMMENDATION:
The Administration recommends that the City Commission adopt the attached
resolution authorizing the Mayor and City Clerk to execute the corresponding
Lease Agreement between the City of Miami Beach and Amerifirst Bank, a Federal
Savings Bank, for rental of five (5) spaces in Municipal Parking Lot 24B, located
at 71st Street and Rue Vendome.
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attachments 9
AGENDA
ITEM.
DATE 4- Q12429
LEASE AGREEMENT
This lease agreement is entered into this 23rd day of June ,
1989, by and between the City of Miami Beach, a Florida Municipal Corporation,
as Lessor (hereafter "Lessor" or "City") and Amerifirst Bank, a Federal Savings
Bank, as Lessee (hereafter "Lessee" or "Amerifirst") .
WHEREAS, Amerifirst Bank, a Federal Savings Bank, operates a regulated
bank business at 1025 - 71st Street, Miami Beach, Florida 33141; and
WHEREAS, Amerifirst has requested permission to enter into a lease
agreement with the City for rental of five (5) meters located in the City's
Municipal Parking Lot 246 located 71st Street at Rue Vendome; and
WHEREAS, Amerifirst desires to provide "free" parking to its patrons and
provide for a rental payment for these spaces to the City.
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the Lessor and Lessee hereby agree as follows:
1. Lessor leases to Lessee five (5) parking spaces in Municipal Parking
Lot 24 B located at 71st Street at Rue Vendome in Miami Beach.
2. The spaces shall be used solely for and by patrons of Amerifirst
Bank, a Federal Savings Bank, during operational hours of the
Parking Department which correspond to 6:00 AM to 6:00 PM, Monday
through Friday inclusive. The City shall have no liability for the
use of these spaces by others, and lease payments shall be made
hereunder regardless of whether unauthorized cars are parked in said
spaces during the above-stated hours. Lessee or Lessee's agent
shall cause to be placed upon poles, subject to Lessor's approval ,
appropriate signs advising the public of the agent for whom these
spaces are to be utilized and prohibiting parking during operational
hours.
3. The lease rate for these parking spaces shall be $ 26.67 per space
per month, which for the five (5) spaces totals $ 1,600.00 per year.
1
4. Lease payments hereunder shall be due and payable at the time of the
execution of this Lease Agreement by Amerifirst Bank.
5. Lease payments shall be made to the City of Miami Beach Parking
Department, 1837 Bay Road, Miami Beach, Florida 33139.
6. Lessee shall procure and maintain during the term of the lease,
liability coverage including Bodily Injury and Property Damage in
an amount not less than $11000,000 per occurrence. Said insurance
shall provide for primary coverage of the leased property and shall
name Lessor as an additional insured, this coverage primary to all
other coverage the City has, and shall be issued by an insurance
company duly authorized to do business in the State of Florida and
rated A:X or better per A.M.Best's Key Rating Guide, latest edition.
Lessee shall furnish a certificate disclosing the type and amount
of insurance obtained and providing that the policy may not be
cancelled or materially altered except upon ten (10) days written
notice to Lessor.
7. Lessee agrees to indemnify and save harmless, the City of Miami
Beach, its officials and employees, and for and on account of the
City to make defense against any and all claims, actions, demands,
suits, liabilities, damages and payments, in tort or in contract,
including, without limitation, accidents, liability or loss for
injuries to or deaths of persons to property caused by any act or
failure to act of Lessee or its employees, servants, agents,
members, invites or guests.
8. This lease shall be subject to cancellation by either party upon
thirty (30) days written notice by certified mail or hand delivery
as follows:
TO LESSOR: ROB W. PARKINS, CITY MANAGER
City of Miami Beach
1700 Convention Center Drive
Miami Beach, Florida 33139
2
To LESSEE: MS. DEE GLASSMAN, LEASING SPECIALIST
Amerifirst Bank, a Federal Savings Bank
Facilities Management
P. 0. Box 026029
Miami , FL 33102-6029
9. This lease shall not be assignable without the prior written consent
of both parties hereto.
10. The term of this lease shall be for one (1) year from the date of
this agreement. Upon completion of the one-yearP eriod Lessee will
be responsible to contact Lessor to request extension of the lease
for a subsequent term of one (1) year at a rate to be negotiated at
time of renewal .
11. City may elect to renegotiate the lease rate by giving thirty (30)
days written notice at any time during the term of the agreement,
without prejudicing its rights otherwise hereunder. Renegotiated
rates shall take effect by written addendum to this lease executed
by both parties hereto.
12. The exercise of rights of cancellation under this lease may be with
or without cause by either party.
3
.
WHEREFORE, the parties hereto have caused their proper officers to affix
their signatures and seals on the date first set forth above.
CITY OF MIAMI BEACH
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MAY►' ALEX DAOUD
ATTEST:
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CITY CLERK
SEAL
STATE OF FLORIDA
COUNTY OF DADE
T - foregoing instrument was acknowledged before me this cR.3 day of
At , 1989, by Alex Daoud, Mayor, and Elaine Baker, City Clerk,
respectively, of THE CITY OF MIAMI BEACH, a Florida municipal corporation, on
behalf of the corporation.
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Notary Public, State of Florida at Large
My Commission expires:
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�'''�''``► ''' �J G; ':L;Z11' 1 S. �'�'�• AMERIFIRST BANK, A FEDERAL SAVINGS BANK
2
BY:
ATTEST:
STATE OF FLORIDA
COUNTY OF DADE
The foregoing instrument was acknowledged before me this day of
, 1989, by , and
, respectively of AMERIFIRST BANK, A FEDERAL SAVINGS BANK,
on behalf of the corporation.
Notary Public, State of Florida at Large
My Commission Expires:
NOTARY PUBLIC STATE OF FLORIDA
MY rWMISSION EXP. DEC 11,1940
FORM APPROVED BONDED IHRU GENERAL INS. UNO.
LEGAL DEPARTMENT:
BY:
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Date: /3 ,
4
ORIGINAL
RESOLUTION NO. 89-19643
Authorizing the Mayor and City Clerk to
execute the lease agreement between the
City of Miami Beach Parking Department and
Amerifirst Bank, a Federal Savings Bank,
for five (5) parking spaces located in
municipal parking lot 24B between 6:00 a.m.
and 6:00 p.m. Monday through Friday for
provision of designated parking spaces for
patrons of the bank.