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Amendment No.3 to Agreement with First Class ParkingSystems, LLC. 2o 21 -- s3 AMENDMENT NO. 3 TO CONCESSION AGREEMENT BETWEEN THE CITY OF MIAMI BEACH, FLORIDA AND FIRST CLASS PARKING SYSTEMS, LLC. TO PROVIDE VALET PARKING SERVICES AT THE FILLMORE AT THE JACKIE GLEASON THEATER OF THE PERFORMING ARTS, MIAMI BEACH CONVENTION CENTER, AND OTHER CITY PROPERTIES, AS MAY BE REQUIRED, PURSUANT TO REQUEST FOR PROPOSALS (RFP) NO. 2018-11-WG This Amendment No. 3 ("Amendment") to the Concession Agreement, dated November 27, 2018 (Agreement), by and between the City of Miami Beach, Florida, a municipal corporation organized and existing under the laws of the State of Florida, having its principal place of business at 1700 Convention Center Drive, Miami Beach, Florida 33139 (the "City"), and First Class Parking Systems, LLC, a Florida limited liability company, with offices at 12550 Biscayne Boulevard, Suite 207, Miami, Florida, 33181 ("Concessionaire"); is entered into this 2.1 day of Fri , 2021 ("Effective Date"): RECITALS WHEREAS, on July 25, 2018, the Mayor and City Commission adopted Resolution Number 2018-30399, approving the award of Request for Proposals ("RFP") No. 2018- 166- WG for Valet Parking Services on City-owned property (the "RFP") to First Class Parking System, LLC ("Concessionaire"); and WHEREAS, on November 26, 2018, the City and Concessionaire executed the Agreement with respect to the Valet Parking Services at the Fillmore, at the Jackie Gleason Theater of the Preforming Arts, Miami Beach Convention Center, and other City properties, as may be required, for an initial term of one (1) year, commencing on November 1, 2018 and ending on October 31, 2019, with four (4) additional one-year renewal terms, subject to approval of the City Manager; and WHEREAS, on November 1, 2019, the City and Concessionaire executed Amendment No. 1 to the Agreement, approving the first one-year renewal term, beginning on November 1, 2019 and ending on October 31, 2020, and modifying the financial terms, as contemplated under the Agreement during each annual renewal term; and WHEREAS, due to the impacts of the COVID-19/novel Coronavirus pandemic, the parties availed themselves of the force majeure provision of the Agreement, and agreed to suspend Services under the Agreement, effective April 1, 2020 ("Suspension Date"), until the effective date in which the Parking Department Director advises, in writing, that Services may resume("Suspension Period"), which agreement is memorialized in a letter agreement dated March 27, 2020 ("Suspension Letter"); and WHEREAS, on September 25, 2020, the City and Concessionaire executed Amendment No. 2 to the Agreement, to correct the commencement date of the Agreement to reflect October 1, 2018, and accordingly, correct the contract year to start October 1st and go through September 30th; and also to clarify Section 3.2.3 of the Agreement to clearly reflect the parties' intent (the Agreement, Amendment No. 1, the Suspension Letter and Amendment No. 2 shall be collectively referred to herein as the "Agreement"); and 1 WHEREAS, Amendment No. 2 also reflects that during the Suspension Period, the Venues may require valet services, on a demand basis ("Temporary Services"), and the undersigned parties agreed that Concessionaire would exclusively provide such valet services from the Effective Date of Amendment No. 2 (September 25, 2020) and continuing through and including the expiration date of the Suspension Period or January 31, 2021, whichever occurs first (Temporary Services Period); and WHEREAS, Amendment No. 2 also amended the Agreement to reflect that during the Temporary Services Period, Concessionaire would be paying the City a monthly Concession Fee of twelve percent (12%) of the total monthly Gross Receipts (as defined in subsection 4.4) for all transactions ("Temporary Services Period Concession Fee"), payable every month by no later than the fifteenth (15th) day of the corresponding month; and that during the Temporary Services Period, the Concession Fees set forth in Section 3.2 (including the Minimum Guarantee of $17,900 a month, the Excess Transaction Fee and Percentage of Gross Receipts) would be abated and replaced with the Temporary Services Period Concession Fee; and WHEREAS, on January 13, 2021, the Mayor and City Commission adopted Resolution No. 2021-31543, approving the extension of the modified financial terms approved under Amendment No. 2 for the Temporary Services Period, through and including September 30, 2021 or until such time as the Convention Center bookings resume operations at the Pre-Pandemic booking levels, whichever occurs first. NOW THEREFORE, in consideration of the mutual promises and conditions contained herein, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the City and Concessionaire hereby agree to amend the Agreement as follows: 1. ABOVE RECITALS. The above recitals are true and correct and are incorporated as part of this Amendment. 2. MODIFICATIONS. The Agreement is hereby amended to extend the modified financial terms approved under Amendment No. 2 for the Temporary Services Period, through and including September 30, 2021 or until such time as the Convention Center bookings resume operations at the pre-pandemic booking levels, whichever occurs first (the "Extended Temporary Services Period"). During the Extended Temporary Services Period, Concessionaire would be permitted to exclusively provide valet services at the Venues, on a demand basis, by paying the City a monthly Concession Fee of twelve percent (12%) of the total monthly Gross Receipts (as defined in subsection 4.4) for all transactions ("Temporary Services Period Concession Fee"), payable every month by no later than the fifteenth (15th) day of the corresponding month. During the Extended Temporary Services Period, the Concession Fees set forth in Section 3.2, including the Minimum Guarantee of $17,900 a month, the Excess Transaction Fee and Percentage of Gross Receipts, would be abated and replaced with the Temporary Services Period Concession Fee. 2 3. RATIFICATION. Except as amended herein, all other terms and conditions of the Agreement shall remain unchanged and in full force and effect. In particular, none of the modifications contained in this Amendment shall be construed as a waiver or modification of the City's right to terminate the Agreement for Convenience or its right to enforce any other terms or conditions of the Agreement. In the event there is a conflict between the provisions of this Amendment and the Agreement, the provisions of this Amendment shall govern. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their appropriate officials, as of the date first entered above. FOR CITY: ATTEST: CITY OF MIAMI BEACH, FLORIDA By: Rafa I E. Gra ado, City Clerk Raul Aguila, Interim City Manager 2,221 I wx-i Z_ Z3 -- �! Date Date AP"GVED STO LA►.GUAGE FP CUTION 1 ' _ / 2141 y Attorney (/(�,r- [�atd FOR CONCESSIONAIRE: �ll/� ATTEST: r FIRS ;CL SS PARKING SYSTEMS, LLC c \ , By: Secretery President or" DJLv Print Name Pint ame NZt. .2- f202 Date Dat= t.•Iagenda1202111January 13lparkinglfirstclassamend3.amendmentdocx 3