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RESOLUTION 89-19728 RESOLUTION NO. 89-19728 A RESOLUTION AUTHORIZING EXECUTION OF LEASE AGREEMENT WITH U.S. PROMOTIONS, INC. FOR THE USE OF HALLS C & D IN THE MIAMI BEACH CONVENTION CENTER APRIL 3-9, 1990. WHEREAS, the City Commission of the City of Miami Beach, Florida, has been advised that U.S. PROMOTIONS, INC. desires to lease certain premises and facilities of the City of Miami Beach, to-wit: HALLS C & D IN THE MIAMI BEACH CONVENTION CENTER on APRIL 3-9, 1990 for the event known as U.S. EXOTIC AND SPORT CAR SHOW AND WHEREAS, an appropriate lease agreement has been prepared by the Miami Beach 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 Miami Beach 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 20th day of September , 19 89 . .7/1 ,YOR Attest: -61.'44.„e 22t 454i City Clerk Form Approved_ W Legal Department Dated: 7/4/ 8` 7 JLM/rlw REF: 1\CNVAGREE.RES eat/ /4a I ead FLORIDA 3 3 1 3 9 %�*;INCORP,ORATE�r �' 7 D*;' "V A CA TIONL A NL) U. S. A. " -- OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. 4/1(1,_c-RC DATE: SEPTEMBER 20, 1989 TO: Mayor Alex D.: d and Members of e City Commis on I.Orr FROM: Rob W. Parkins 416 City Manager 'pr' SUBJECT: LEASE AGREEME T - US PROMOTIONS, INC. FACILITY: HALLS C & D IN THE STEPHEN MUSS CONVENTION CENTER ORGANIZATION: U S PROMOTIONS, INC. EVENT: THE U.S. EXOTIC & SPORT CAR SHOW DATES : APRIL 3-9, 1990 AMOUNT: The lessee hereby covenants and agrees to pay the following 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 shall be limited to an increase of 12% over the following minimum rentals. 55 per square foot per hall of net exhibit space used with a minimum guarantee o f $18,000. 00 per hall , for a total of $36,000. 00, plus Florida State Rental Tax, which is currently 6%. RATE: COMMISSION APPROVED ADDITIONAL NONE CHARGES : ADMINISTRATION Approve contract with US Promotions , Inc. for payment of RECOMMENDATION : 55 per square foot per hall of net exhibit space used with a minimum guarantee of $18,000. 00 per hal l , for a total of $36,000. 00, plus Florida State Rental Tax, which is currently 6%. RWP/N L/hs 4 AGENDA _ 3 :b ITEM DATE `-3 CITY OF MIAMI BEACH TO: Arnold Weiner September 6, 1989 City Attorney FROM: Norman Litz Convention Center Director SUBJECT: LEASE AGREEMENT - US PROMOTIONS, INC. FACILITY: HALLS C & D IN THE STEPHEN MUSS CONVENTION CENTER EVENT: THE U.S. EXOTIC AND SPORT CAR SHOW DATES: APRIL 3-9 , 1990 Attached are three copies of the above-described lease agreement. If the form of this lease agreement meets with your approval , will you kindly prepare resolution authorizing its execution by the City and forward to the City Manager for presentation to the City Commission. Also, please certify to the City Manager that all documents included herein are in accordance with all City regulations. I concur with the terms of this lease and recommend its approval . /71 -- _7 / Convention Center cc: City Manager Accounting Department ORIGINAL RESOLUTION NO. 89-19728 Authorizing execution of lease agreement with U.S. Promotions, Inc. for the use of Halls C & D in the Miami Beach Conveniton Center April 3-9, 1990. r.- C