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86-18535 RESOLUTION NO. 86-18535 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE A TWENTY FIVE YEAR SOVEREIGNTY SUBMERGED LAND LEASE BY AND BE- TWEEN THE CITY OF MIAMI BEACH AND THE BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND OF THE STATE OF FLORIDA FOR THE MIAMI BEACH MARINA. WHEREAS, pursuant to Resolution #84-17833 the Ci ty of Miami Beach entered into a five (5) year Sovereignty Submerged Land Lease with the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida for the Miami Beach Marina commencing on December 18, 1984; and WHEREAS, the Ci ty requested the State of Flor ida to extend the lease from five years to twenty five years, and the Board of Trustees of the the Internal Improvement Trust Fund at its meeting of January 21, 1986 approved a twenty five year Submerged Land Lease; and WHEREAS, the City Commission has reviewed the twenty five year Sovereignty Submerged Land Lease by and between the City of Miami Beach, Florida and The Board of Trustees of the Internal Improve- ment Trust Fund of the State of Florida; and WHEREAS, the City Manager has recommended execution of the Lease and the City Attorney has approved it as to form, NOW THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk are authorized to execute the twenty five (25) year Sovereignty Submerged Land Lease by and between the City of Miami Beach, Florida and the Board of Trustees of the Internal Improve- ment Trust Fund of the State of Florida for the Miami Beach Marina. PASSED and ADOPTED this Attest: Jf. . ./' /' . ~ , "!. '.. /:" JI ( . " ' . ~ .." i./ " ' .' .--i };. {I 1''1 ('..--.' G--.( I . )~.' K7I',/ ~".1/( ,," FtJdrVl APDnnulD ~I 1,'tLJr,r" . LEGAL DEPT ~ BY~ Date~ City Clerk PNB/lsc