RESOLUTION 90-20058 RESOLUTION NO. 90-20058
A RESOLUTION AUTHORIZING EXECUTION OF LEASE
AGREEMENT WITH I. B.S. FLEA MARKETS, INC. FOR THE
USE OF HALLS C AND D OF THE MIAMI BEACH CONVENTION
CENTER JUNE 19 - 29, 1992 .
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:
HALLS C AND D OF THE MIAMI BEACH CONVENTION CENTER
on
JUNE 19 - 29, 1992 .
for the event known as
WORLD'S LARGEST INDOOR FLEA MARKET
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 5th day of September 990 .
Attest: 1 / aol"
rAYOR //
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City Clerk 417*ti
Form Approved
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OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: e73-7010
COMMISSION MEMORANDUM NO.4L)(140
September 5, 1990
DATE:
TO: Mayor Alex Daoud ' •
Members oft ' ityComnnmiea'"n
FROM: Rob W. Par *ns
'
City Manager ^ ��'' �
SUBJECT: LEASE AGREEMENT - I .B.S. FLEA MARKETS, INC .
FACILITY: HALLS C & D OF THE MIAMI BEACH CONVENTION CENTER
EVENT : WORLD ' S LARGEST INDOOR FLEA MARKET
DATES: JUNE 19-29, 1992
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 net exhibit space
used with a minimum guarantee of Thirty Thousand
and no/100 ( $30,000.00) DoIlars per hall , based on
Five Thousand Dollars and' no/ 100 ( $5,000.00)
Dollars per show day per hall , plus Florida State
Rental Tax , which is currently 6%~
ADMINISTRATION APPROVE LEASE AGREEMENT WITH I .B.S. FLEA MARKETS,
RECOMMENDATION: INC.
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fm- ciODATE
CITY OF MIAMI BEACH
TO: Laurence Feingold July 24, 1990
City Attorney
FROM: Norman Litz
Convention Center Director
SUBJECT: LEASE AGREEMENT - I .B.B. FLEA MARKETS, INC.
Attached are three copies of the above described
lease agreement .
.
If the form of this 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.
I concur with the terms of this lease agreement
d recommend its approval .
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Cony- t 'r Cc*n r
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cc : City Manag r
ORIGINAL
RESOLUTION NO. 90-20058
Authorizing execution of lease agreeement
with I.B.S. Flea Markets,
Inc Inc. for the use
of Halls C and D of the Miami Beach
Convention Center June 19 -29, 1992.