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271-2000 LTC - CITY OF MIAMI SEA C H 1.<; ," ' ~ he I ,e,. '( ,j 1700 Convention Center Drive, Miami Beach, Fl. 33139 htlp:\\cLmiami-beach,fl.us :'c ,'; (: 1': 1\1- n Office of the City Manager S OFF ICE Telephone (305) 673-7010 Facsimile (305) 673-7782 L.T.C. NO. 271-2000 LETTER TO COMMISSION December 27, 2000 TO: Mayor and Members of the City Commission FROM: Jorge M. Gonzalez, City Manager 6vVO SUBJECT: Anchors Shops - Fuddrucker's Status Report On September 27, 2000, The Redevelopment Agency adopted a resolution authorizing the execution of the First Amendment to the Lease Agreement with Abkey No. 17, Inc., a Florida Corporation d/b/a! Fuddruckers (Tenant). The purpose of the Amendment was twofold; to address certain unforeseeable conditions encountered by the Tenant which resulted in delays to the completion of the design and buildout of the restaurant space, the scope of which includes the restoration of the lobby of the Anchor Hotel, and to address the loss of 349 square feet or approximately 55 percent of the usable space on the second floor of the Anchor Hotel due to certain City Code requirements. Among the provisions of the Amendment was a "Completion Date for Subtenant's Work", which was set for February 28, 2001. Since the execution of the First Amendment, the Tenant's Architect has been finalizing the permitting for the main restaurant space, comprising the Justice of the Peace and the new space. During the first week in December, the Tenant's Contractor initiated electrical and fue sprinkler work in the the Anchor Hotel which was permitted separately from the main restaurant. While there is no provision in the Lease Agreement or the First Amendment thereto with regards to construction progress, a Letter of Notice , dated November 14, 2000, was sent to Fuddruckers, expressing concern over the lack of visible progress with the buiIdout of the space. Fuddruckers has since responded that construction will be underway as soon as the final permit is issued by the City. It should be noted that Fuddruckers is obliged to begin paying rent on March 1,2001, whether the restaurant has been completed or not. In the meantime, the Administration wilI continue to work with theTenant's design and development team to facilitate the opening of the facility within the timeframe stipulated in the First Amendment to the Lease Agreement. JMG/CMC: kob iThr F:\ODHP\SALL\RDA\LOEWSwJ6~~UCKERSI201).DOC J , ~~\lRlO,~ EU~~~~~R.5 '. ~!/Uu,{,~ December 19,2000 Ms. Christina M. Cuervo Assistant Director Miami Beach Redevelopment Agency 1700 COIIVention Center Drive Miami Beach, Florida 33139 RE: Build-out Status Dear Christina: Our construction at the Anchor Hotel portion began in November rather than October. The remaining space in the Anchor Shops will begin construction as soon as we receive the permit from the City, which we hope will be prior to the end of the year. As always, thanks for your help in this matter. Sincerely, , 6'lr BGAlrjb cc: Kent O. Bonde, Redevelopment Coordinator Alexandra Rolandelli, Redevelopment Coordinator Lawrence A Levy, First Assistant City Attorney TliE i\5KEY COMP^NIE~ P.O. BOX 3309~7 COCONUT GROVE. FLORIDA 33233-0927 THIRD FLOOR. ~"4-4e "AIN HIGHWAY TELEPHONE (305) 442-4284