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RESOLUTION 89-19836 RESOLUTION NO. 89-19836 A RESOLUTION AUTHORIZING EXECUTION OF LEASE AMENDMENT WITH EXECUTIVE PROMOTIONS, INC. FOR THE USE OF HALLS A AND B OF THE MIAMI BEACH CONVENTION CENTER OCTOBER 8-19, 1990 . WHEREAS, the City Commission of the City of Miami Beach, Florida, has been advised that EXECUTIVE PROMOTIONS, INC. desires to lease certain premises and facilities of the City of Miami Beach, to-wit: HALLS A AND B OF THE MIAMI BEACH CONVENTION CENTER on OCTOBER 8-19 , 1990 for the event known as MIAMI FALL BOAT SHOW AND WHEREAS, an appropriate lease amendment 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 amendment and deems it to be in the best interest of the City to authorize the execution of the said lease amendment . 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 amendment 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 December , 1939 • .11„..."__„,(1_,,,,.......__ .....C:2 MAYOR Attest : fi4?A-xi:1 -)t- 614/6-'Y City Clerk Form Approved Legal Department 6:;.210c.m.....--, Dated: /27/0/;7 JLM/rlw REF: 1\CNVAMEND.RES FLORIDA&et/ 4 Neami - Eead _ _ - _ ,f-,,m, 3 3 1 3 9 / ..----4,-. y * INCORI ORATIO *; "P';1('�l 1�lON'L.1 N U l L S. . .. '.1tEW-2L, OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. r `I C) DATE: DECEMBER 20, 1989 TO: Mayor Alex Da• . • and Members of e City Commis on if, I FROM: Rob W. Parki IF 'PA.!, City Manager .../.401I ./. SUBJECT: LEASE • ENDMENT - EXECUTIVE PROMOTIONS, INC. FACILITY: HALLS A & B IN THE MIAMI BEACH CONVENTION CENTER ORGANIZATION: EXECUTIVE PROMOTIONS, INC. EVENT: MIAMI FALL BOAT SHOW OLD DATES: OCTOBER 1-4 , 1990 MOVE IN OCTOBER 5-10, 1990 SHOW OCTOBER 11-12 , 1990 MOVE OUT NEW DATES: OCTOBER 8-11, 1990 MOVE IN OCTOBER 12-16, 1990 SHOW OCTOBER 17-19 , 1990 MOVE OUT REASON: LESSEE ELIMINATING ONE SHOW DAY 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 TWELVE PER CENT (12%) OVER THE FOLLOWING MINIMUM RENTALS . SIXTY (60) CENTS PER SQUARE FOOT PER HALL OF NET EXHIBIT SPACE USED WITH A MINIMUM GUARANTEE OF $25, 000. 00 PER HALL, BASED ON $5, 000. 00 PER SHOW DAY PER HALL, PLUS FLORIDA STATE RENTAL TAX, WHICH IS CURRENTLY 6%. RATE: COMMISSION APPROVED ADDITIONAL CHARGES: NONE ADMINISTRATION APPROVE AMENDMENT WITH EXECUTIVE PROMOTIONS, INC. RECOMMENDATION: FOR 60 CENTS PER SQUARE FOOT PER HALL OF NET EXHIBIT SPACE USED WITH A MINIMUM GUARANTEE OF $25, 000. 00, BASED ON $5, 000 . 00 PER SHOW DAY PER HALL, PLUS FLORIDA STATE RENTAL TAX, WHICH IS CURRENTLY 6% . RWP/N /jbs r, AGENDA (1 '---) Cl.., ITEM --_M ) D '' e.. : _a_ -- DATE f ORIGINAL RESOLUTION NO. 89-19836 (Lease amendment Use of Convention Center Executive Promotions Inc. . Boat show _, �. , . .._. . . _ . . � . , . .._ _ Fall 10/1-12/90)