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RESOLUTION 89-19766 RESOLUTION NO. 89-19766 A RESOLUTION AUTHORIZING EXECUTION OF LEASE AGREEMENT WITH PERL EXPOSITION CORPORATION FOR THE USE OF HALLS C & D IN THE MIAMI BEACH CONVENTION CENTER MAY 21-JUNE 4 , 1991. WHEREAS, the City Commission of the City of Miami Beach, Florida, has been advised that PERL EXPOSITION CORPORATION 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 MAY 21-JUNE 4 , 1991 for the event known as MIAMI/FT. LAUDERDALE HOME 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 18th day of Oc ber 1989 . //,./ 7"/ MAYOR Attest: • -1-e-et2/1-4t City Clerk Form Approved A Legal Department Dated: /6/(/ #72r? JLM/rlw REF: 1\CNVAGREE.RES . . • Neiame eco geete4 :=?M B\f,, FLORIDA 3 3 1 3 9 14.•. k`2-$)* INCORP ORATED,• "VA CA TIONL A ND U. S. A. v`� 2 OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 6737010 COMMISSION MEMORANDUM NO.j 2-k---Yq DATE: OCTOBER 18, 1989 TO: Mayor Alex Daoud and Members of the City Commission FROM: Rob W. Parkins 1 ,� City Manager SUBJECT: LEASE AGREEMENT - PERL EXPOSITION CORPORATION FACILITY: HALLS C & D IN THE MIAMI BEACH CONVENTION CENTER ORGANIZATION: PERL EXPOSITION CORPORATION EVENT: MIAMI/FT. LAUDERDALE HOME SHOW DATES : MAY 21 -JUNE 4, 1991 AMOUNT: The lessee hereby covenants and agrees to pay the following minimum rentals , or such higher rentals as shall be approved by the City Commission 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. 60c per square foot per hall of net exhibit space used with a minimum guarantee o f $60,000. 00, based on $5,000. 00 per show day per ha l l , plus $30,000.00, based on $5,000.00 per hall each show day over 6 days, plus Florida State Rental Tax, which is currently 6%. RATE: COMMISSION APPROVED ADDITIONAL Box Office Charge - if used - $100 per day which includes one CHARGES : person for supervisory purposes only. ADMINISTRATION Approve contract with Pe r l Exposition Corporation for payment RECOMMENDATION: of 60per square foot per hall of net exhibit space used with a minimum guarantee of $60,000. 00 based on $5,000.00 per show day per hall , plus $30,000. 00 based on $5,000.00 per hall each show day over 6 days, plus Florida State Rental Tax, which is currently 6%. RWP/N L/h s AGENDA • ITEM n l e- 1 DATE J CITY OF MIAMI BEACH TO: Arnold Weiner October 3 , 1989 City Attorney FROM: Norman Litz Convention Center Director SUBJECT: LEASE AGREEMENT - PERL EXPOSITION CORPORATION FACILITY: HALLS C & D IN THE MIAMI BEACH CONVENTION CENTER EVENT: MIAMI/FT. LAUDERDALE HOME SHOW DATES: MAY 21-JUNE 4 , 1991 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 . r // 1 y Conventio Center cc: City Manager Accounting Department ORIGINAL RESOLUTION NO. 89-19766 Authorizing execution of lease agreement with Perl Exposition Corporation for the use of Halls C & D in the Miami Beach Convention Center May 21-June 4, 1991.