Loading...
HomeMy WebLinkAbout2001-24530 RESO RESOLUTION NO. . 2001-24530 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE CONCERT ASSOCIATION OF FLORIDA, INC., FOR THE MANAGEMENT AND OPERATION OF THE COLONY THEATRE, LOCATED AT 1040 LINCOLN ROAD, MIAMI BEACH, FLORIDA, FOR A THREE YEAR TERM, COMMENCING ON AUGUST 1,2001, AND ENDING ON JULY 31, 2004; FURTHER WAIVING, BY 5/7THS VOTE, THE APPRAISAL REQUIREMENT, AS SET FORTH IN SECTION 82-39 OF THE MIAMI BEACH CITY CODE, FINDING SUCH WAIVER TO BE IN THE BEST INTEREST OF THE CITY WHEREAS, on July 27, 1988, the Mayor and City Commission adopted Resolution No. 88-19309, approving a Lease Agreement between the City and the Concert Association of Greater Miami, Inc. (subsequently renamed the Concert Association of Florida, Inc.), for the management and operation of the Colony Theater, located at 1040 Lincoln Road, which term oflease was to expire on August 31, 1994; and WHEREAS, on December 15, 1993, the Mayor and City Commission adopted Resolution No. 93-20990, approving the execution of a new Lease Agreement with the Concert Association, which term of lease was to expire on August 31, 1997; and WHEREAS, on July 16, 1997, the Mayor and City Commission adopted Resolution No. 97-22464, approving an amendment to the aforestated December 15, 1993, Lease Agreement, extending its term for one three (3) year period, terminating on August 31, 2000; and WHEREAS, on July 12,2000, the Mayor and City Commission adopted Resolution No. 2000-23984, authorizing the Administration to negotiate an extension to the existing Lease Agreement with the Concert Association until the issuance and award of an RFP and subsequent contract authorization for the future management and operation of the Colony Theatre; and WHEREAS, the Administration concluded that it would be in the City's best interest to issue an RFP, and competitively bid for the future management and operation of the Colony Theatre; and WHEREAS, on July 26, 2000, the Mayor and City Commission adopted Resolution No. 2000-24034, authorizing the Administration to issue an RFP for the future management and operation of the Colony; and WHEREAS, only one organization, the Concert Association, responded to the RFP; and WHEREAS, on March 12, 2001, the Evaluation Committee, which reviewed the proposal, voted unanimously to recommend to the City Manager that the Concert Association be awarded the management and operation of the Colony Theatre, subject to the City Administration negotiating a lease agreement; and WHEREAS, on April 18,2001, the Mayor and City Commission adopted Resolution No. 2001-24321, accepting the City Manager's recommendation and authorizing the Administration to negotiate a lease agreement; and WHEREAS, the City and the Concert Association negotiated and agreed to the terms and conditions contained in the attached Lease Agreement. WHEREAS, on June 6, 2001, the Mayor and City Commission adopted Resolution No. 2001-24454, setting a Public Hearing on June 27, 2001, to consider the Lease Agreement; and WHEREAS, on June 27, 2001, the Mayor and City Commission opened and continued to July 18,2001, said Public Hearing, to consider said Lease Agreement; and WHEREAS, Section 82-39 of the Miami Beach City Code, governing the sale/lease of public property, provides for the waiver of competitive bidding and appraisal requirements, by 517ths vote of the Mayor and City Commission, upon a finding by the Mayor and City Commission that the public interest would be served by waiving such conditions; and WHEREAS, waiver of the competitive bidding requirements is not necessary due to the fact that the lease being awarded is pursuant to a competitive RFP process. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission authorize the Mayor and City Clerk to execute a lease agreement between the City of Miami Beach and the Concert Association of Florida, Inc., for the management and operation of the Colony Theatre, located at 1040 Lincoln Road, Miami Beach, Florida, for a three year term, commencing on August 1,2001, and ending on July 31, 2004; further waiving, by 517ths vote, the appraisal requirement, as set forth in Section 82-39 of the Miami Beach City Code, finding such waiver to be in the best interest of the City. PASSED and ADOPTED this July 18,2001. ATTEST: APPROVED AS TO FORM & LANGUAGE & FOR DIOUTION III MAYOR ~ItY~ JMG:CMC:JD:rlr T:IAGENDAI2001IJULl801IREGULARICOLONY AJliIJAIt I j i- "1-1).. - &J / ~ -mre- EXHIBIT 1 Operating Budgets COLONY THEATRE FY 1998.99 FY 1999-2000 FY 2000-2001 Operating Budgets Actual Actual Proiected Fiscal Year 7/1 to 6/30 REVENUES Theatre Rental 139,530 103.643 100,000 Insurance Reimbursement 12,925 9,877 9.000 Interest Income 210 82 100 Grant - MBVCAlMBCAC 0 0 0 Grant - City of Miami Beach 50.000 45,000 45,000 Grant - MDCAC Capital Development & CMB Match 10,859 Box-Office Ticket Fees 21.248 23.588 24,000 Concession Sales/Cafe Lease - Net Incl. Util. 334 7,560 30,600 Per Service Staff 8.767 9,317 10,500 Equipment Rental 7,434 12,136 10,000 TOTAL REVENUES 240,448 222,062 229,200 EXPENSeS Colony Management Staff 110.821 109.111 99,700 House Manager 8,950 5,889 7.000 Payroll Taxes/Insurance & Fringes 10,077 11,699 11,500 Professional Services - Grants, Accounting & Legal 4,305 1,152 2,500 Cleaning Service / Exterminator 3,155 4,487 4,300 Per Service Staff 7,390 5,289 10,000 Stage Expense & Equipment Rental $,192 1,833 800 CAF Administration Allocation 30,000 30,000 30,000 Telephone 4,043 4,045 4,500 Security 3,677 760 700 Office Supplies & Expenses 2.235 2,592 2,200 Insurance (gross-subject to tenant reimbursement) 17,000 15,083 16,000 License & Sales Taxes 12,649 12,497 12,500 Bank Charges 81 101 150 Utilities 25,809 20,913 22,000 Trash Pick-Up 5,774 2,375 6.588 Maintenance & Renovations 6.12t 10,561 2,700 Advertising / Marketing 9,832 0 0 Printing I Brochures 0 150 0 Miscellaneous TOTAL EXPENSES 267,111 238,637 233,138 SURPLUS / (DEFICIT) -26,663 -16.475 -3,938 COLONY THEATER FY 2001-2002 FY 2002-2003 Operating Budgets Projected Projected Fiscal Year 7/1 to 6/30 [Closed for 6 mos. Renovations] Theater rental 50,000 108,000 Note 1 Insurance reimbursement 4,500 10,000 Note 1 Interest income 100 100 Grant - MBVCAlMBCAC 16,000 20,000 Note 2 Grant - City of Miami Beach 60,000 60,000 Note 3 Grant - MDCAC Capital Deve/. + CMB Match 0 0 Box Office Commissions & ticket fees 12,000 25,000 Note 1 Concession sales/Cafe lease - net inc/. uti/. 26.000 32,000 Note 4 Per Service staff 4,050 11,000 Note 1 Equipment Rental 5,000 11 ,000 Note 1 TOTAL REVENUES 177,650 277,100 EXPENSES Colony Management Staff 64,500 111,500 Note 5 House Manager 4,000 7,500 Note 5 Payroll taxes, insurance & fringes 6,500 12,500 Note 5 Professional Svc. - grants, accting. legal 2,500 3,100 Cleaning service, exterminator 2,500 4,500 Per Service staff 5,000 10,000 Stage expense & Equipt. rental 800 3,000 CAF Administrative allocation 30,000 30,000 Note 6 Telephone 2,500 4,500 Security 700 1,000 Office supplies & expenses 1,400 2,250 Insurance (gross - subject to tenant reimb.) 8,000 16,000 Licenses & sales taxes 12,500 12,500 Bank Charges 150 150 Utilities 14,000 25,000 Note 7 Trash pick-up 6,600 6,600 Maintenance & renovations 0 0 Advertising, marketing 15,000 25,000 Note 2 Printing & brochures 1,000 2,000 Note 2 Miscellaneous 0 TOTAL EXPENSES 177,650 277,100 SURPLUS/(DEFICIT) 0 0 Note 1: Note 2: Note 3: Note 4: Note 5: Note 6: Note 7: * The theater will be closed for @ 6 mos. for renovations. No rental or service incomes are recognized for that period. Marketing/advertising contemplates resumption of Marketing grant funding from MSCAC &Ior MBVCA. See narrative - Marketing/Advertising CMS annual subsidy required based on historic profit/loss statements Although Colony Cafe will remain open during most of renovations, it is expected that construction will reduce sales, and may force short-term closure of cafe, thus reducing rental income. Some Colony staff will be furloughed while closed for construction. Includes ratable expenses of bookkeeping, reporting, mailing, other services Utilities expenses will continue for Cafe while theater is closed. Income from Cafe includes costs of utilities. MDCAC Capital Development Funds are recognized when released for current use. Release of funds is contingent on receipt of City matching funding. EXHIBIT 2 Lease Agreement COMMISSION MEMORANDUM NO. tjlJ,-tJ / ~. CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\\ci.miami-beach.f1.us TO: FROM SUBJECT: Mayor Neisen O. Kasdin and Members of the City Commission Jorge M. Gonzalez \ . .~ City Manager c) t-N 0 DATE: July 18,2001 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE CONCERT ASSOCIATION OF FLORIDA, INC., FOR THE MANAGEMENT AND OPERATION OF THE COLONY THEATRE, LOCATED AT 1040 LINCOLN ROAD, MIAMI BEACH, FLORIDA, FOR A THREE YEAR TERM, COMMENCING ON AUGUST 1,2001, AND ENDING ON JULY 31, 2004; FURTHER WAIVING, BY S!7THS VOTE, THE APPRAISAL REQUIREMENT, AS SET FORTH IN SECTION 82-39 OF THE MIAMI BEACH CITY CODE, FINDING SUCH WAIVER TO BE IN THE BEST INTEREST OF THE CITY ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS On July 27, 1988, the Mayor and City Commission adopted Resolution No. 88-19309, approving a Lease Agreement between the City and the Concert Association of Greater Miami, Inc. (subsequently renamed the Concert Association of Florida, Inc.), for the management and operation of the Colony Theatre, located at 1040 Lincoln Road. Said Lease Agreement expired on August 31,1994. On December 15, 1993, the Mayor and City Commission adopted Resolution No. 93-20990, approving the execution of a new Lease Agreement with the Concert Association. In accordance with the terms of said Lease Agreement, the City would provide an operating subsidy to the Concert Association of $70,000 in 1995, $65,000 in 1996, and $60,000 in 1997, and would be responsible for the maintenance of the facility. Said Lease Agreement expired on August 31, 1997. On July 16,1997, the Mayor and City Commission adopted Resolution No. 97-22464, approving an amendment to the Lease Agreement extending its term for one (I) three-year period, which commenced September I, 1997 and expired on August 31, 2000. During that time period, the City provided an operating subsidy to the Concert Association of $55,000 in Fiscal Year 97/98, $50,000 in FY 98/99, and $45,000 in FY 99/00. The City continues to fund an operating subsidy of $45,000 during FY 00/01. A copy of the Concert Association's "Operating Budgets" (Exhibit I) reflects an AGENDA ITEM _R'l e DATE 7-{?-O ( ongoing annual operating deficit, inclusive of the City's $45,000 subsidy and $30,000 management fee payments. In light of the fact that the Lease was set to expire on August 31, 2000, the matter was referred to the Miami Beach Cultural Arts Council (MBCAC), along with a copy of a draft of a new Request for Proposals, for their review and recommendations. On May 5, 2000, the MBCAC approved a motion recommending to the City Commission that the current Lease Agreement for the Colony Theatre be extended until the issuance and award of the Request for Proposals (RFP) and subsequent contract authorization. On July 12,2000, the Mayor and City Commission adopted Resolution No. 2000-23984, authorizing the Administration to negotiate an extension to the existing Lease Agreement with the Concert Association until the award of a contract for the future management and operation of the Colony Theatre. On July 26, 2000, the Mayor and City Commission adopted Resolution No. 2000-24034, authorizing the Administration to issue an RFP for the future management and operation of the Colony Theatre. The RFP addressed the existing sublease with the cafe adjacent to the Theatre, and required that the successful proposer retain Colony Cafe, Inc. as the cafe operator, in accordance with the terms the existing sublease. On October 19, 1999, the City Commission approved a sublease between the Concert Association and Colony Cafe, Inc. for an initial period of six (6) years, a term which extends well beyond the Concert Association's remaining Lease term, which was to expire on August 31, 2000. Said sublease includes a non-disturbance and attornment clause which requires that any subsequent lease would be subject to the existing cafe sublease. The cafe has been operating since June 2000. On August 8, 2000, RFP No. 86-99/00 was issued and notices were sent to 302 individuals/firms, with seven (7) individuals/firms requesting a copy of the RFP. The Concert Association was the sole respondent. Letter to Commission (LTC) No. 265-2000, appointed the following individuals to serve as Evaluation Committee (the Committee) members: David Alt Rick Sisser Steve Sauls David Whitman* Beth Boone* Grisette Roque Joseph Fontana *Recused as a result of conflict of interest. Robert Reboso was added to the Committee as a replacement for David Whitman. 2 On February 20, 2001, the Committee convened and reviewed the proposal package/materials submitted by the Concert Association, and also conducted a question and answer session with several Concert Association staff members. The Committee decided that deliberations would be scheduled and held at a later date. On March 12,2001, the Committee re-convened and proceeded to discuss the various options available (i.e. re-bid the project, recommend for/against the Concert Association). After much discussion, the Committee voted unanimously to recommend to the City Manager that the Concert Association be awarded the management and operation of the Colony Theatre for a three year term. On April 18, 2001, the Mayor and City Commission adopted Resolution No. 2001-24321, accepting the City Manager's recommendation and authorizing the Administration to negotiate a lease agreement. On June 6, 2001, the Mayor and City Commission adopted Resolution No. 2001-24454, setting a Public Hearing on June 27, 2001, to consider a lease agreement. On June 27, 2001, the Mayor and City Commission opened and continued the Public Hearing to the July 18,2001, City Commission meeting. The Administration has negotiated the proposed Lease Agreement (Exhibit 2) which provides for a three (3) year term, commencing on August 1, 2001, and ending on July 31, 2004, and addresses the anticipated renovation project and its effect on Theatre operations. The Agreement contains language which continues to encourage booking priority and reduced rental rates for not-for-profit performing arts groups, as well as providing the City the use of the Theatre, rent free, for up to 12 days per year for City sponsored events. It must be noted that although the Concert Association's proposal included a request for a $60,000 annual subsidy from the City, the proposed Lease Agreement continues to provide a minimum guaranteed $45,000 annual subsidy (which is deemed appropriate based on the financial information provided by the Concert Association, see Exhibit 1). However, the Administration further negotiated the use of the Theatre for an additional 12 days per year, rent free, for the Cultural Arts Council's Second Thursday events each month. In so doing, the City has agreed to consider an additional subsidy of no more than $15,000 per lease year, contingent upon verification of need based on quarterly reviews of the Concert Association's financial statements. If additional subsidies are deemed appropriate, said subsidies would be disbursed in amounts sufficient to offset the quarterly deficit. Said additional subsidies shall be cumulative and will not exceed $15,000 per lease year (August I through July 31). Section 82-39 of the Miami Beach City Code, governing the sale/lease of public property, provides that the lease of any City-owned property for a period of five years or less, including option periods, requires the following: . a public hearing to obtain citizen input . a Planning Department analysis . an independent appraisal to determine the value of the leasehold interest . a public bidding process 3 As such, and in light of the above public hearing requirement, the Administration recommended that at its June 6, 2001, meeting, the Mayor and City Commission schedule a Public Hearing for June 27, 2001, as required, including compliance with the minimum fifteen (15) day advertised notice advising of said Public Hearing. At the June 27, 2001, City Commission meeting, the Administration recommended that the Mayor and City Commission open and continue the Public Hearing to allow the Administration time to revisit certain issues raised by the Concert Association. The Public Hearing was opened and continued until July 18, 2001. Attached hereto is the required Planning Department analysis which does not reflect any negative impact related to the proposed lease of the Property. Section 82-39 further provides for the waiver of the appraisal requirements, by 5/7ths vote ofthe Mayor and City Commission, upon a finding by the Mayor and City Commission that the public interest would be served by waiving such conditions. The Administration concurs with the Evaluation Committee and deems that because of the Concert Association's track record and experience with this venue and the assistance and flexibility required during the renovation, that it is in the City's best interest to execute the attached Lease Agreement under similar terms as with the previous Lease Agreement and waive the appraisal requirements. JMG:C~D:rlr T:\AGENDA\2001\JULl80J\REGULAR\COLONY,MEM 07/11/01 LEASE AGREEMENT THIS LEASE AGREEMENT, executed this 18th day of July ,2001, by and between the CITY OF MIAMI BEACH, a Florida municipal corporation, (Lessor), and the CONCERT ASSOCIATION OF FLORIDA, INC., a non-profit corporation incorporated under the laws of the State of Florida (Lessee). WI TNE SSE TH: WHEREAS, the Lessor is the owner of a certain parcel ofland and certain facility at 1040 Lincoln Road Mall, Miami Beach, Florida, known as the Colony Theatre, and the Lessee desires to use the facility for a performing arts center; and WHEREAS, the Lessor desires to promote cultural programs and facilities; and WHEREAS, the proposed use of the facility as a performing arts center would provide an important cultural component to the City of Miami Beach; and WHEREAS, the Lessor desires to actively participate in providing such facilities in the City of Miami Beach. NOW, THEREFORE, in consideration of the mutual covenants hereinafter contained, the parties herein covenant and agree as follows: 1. Description of Premises - The Lessor does hereby lease to the Lessee, the facility known as the "Colony Theatre", located at 1040 Lincoln Road Mall, Miami Beach, Florida (Leased Premises or Premises). 2. Irnn - The initial term of this Lease shall be fot a period of three (3) years, commencing on the 1st day of August, 2001, and terminating on the 31st day of July, 2004. 3. Option to Renew - Provided Lessee is not otherwise in default, Lessor may, at its sole option and discretion, extend this Lease for two one (1) year renewal terms, upon the same terms and conditions, except the operating subsidy referenced in Paragraph 24 will be renegotiated at said time, by giving the Lessee notice in writing at least sixty (60) days prior to the expiration of the initial term of this Lease, or any extension thereof, and further having said renewal option approved by the Mayor and City Commission. 4. Use and Possession of Leased Premises - The Leased Premises shall be used by the Lessee as a multiple use performing arts center. It is understood and agreed that the Leased Premises shall be used by the Lessee during the term of this Lease only for the above purpose(s), and for no other purposes or uses whatsoever. Lessee will not make or permit any use of the Leased Premises which, directly or indirectly, is forbidden by public law, ordinance or govemment regulation or which may be dangerous to life, limb or property. Lessee may not commit waste on the Leased Premises, use the Premises for any illegal purpose, or commit a nuisance on the Premises. In the event that the Lessee uses the Leased Premises for any purposes not expressly permitted herein, then the Lessor may terminate the Lease without notice to Lessee, and/or restrain such improper use by injunction or other legal action. 1 5. Utilities and Telephone - The Lessee, during the term of said Lease, shall pay all costs incurred for all utilities, including but not limited to, water, gas, and electricity. The Lessee, during the term of said Lease, shall also pay all costs incurred for telephone usage. 6. Lessor's Right ofEntt:y - The Lessor, or its authorized agent or agents, shall have the right to enter upon the Leased Premises at all reasonable times for the purpose of inspecting the same, preventing waste, making such repairs as the Lessor may consider necessary and for the purpose of preventing fire, theft or vandalism. Nothing herein shall imply a duty on the part of the Lessor to do any work which under any provisions of this Lease the Lessee may be required to perform, and the performance thereof by the Lessor shall not constitute a waiver of the Lessee's default. If the Lessee shall not be personally present to open and permit entry into the Leased Premises at any time, for any reason, the Lessor, or its agents, may enter the Leased Premises by master key, or may forcibly enter the space without rendering the Lessor or such agents liable therefore (if during such entry the Lessor or its agent or agents shall accord reasonable care to the Lessee's property), and without in any manner affecting the obligations and covenants of this Lease. Lessee shall not change the locks to the Leased Premises without the prior written consent of Lessor, and in the event such consent is given Lessee shall furnish Lessor duplicate keys to said locks in advance of their installation. 7. Insurance - Lessee shall, at its sole cost and expense, comply with all of the following insurance requirements of the Lessor. It is agreed by the parties that the Lessee shall not occupy the Premises until proof of the following insurance coverage has been furnished to the Lessor. (a) Comprehensive General Liability in the amount of$ I ,000,000 Single Limit Bodily Injury and Property Damage coverage for each occurrence. Contractual Liability, Products and completed operations coverage included. (b ) Workers' Compensation and Employers' Liability coverage within the statutory limits ofthe State of Florida. (c) All insurance must be furnished by an insurance company rated A:X or better, or its equivalent according to Best's Guide Rating Book, or such other rating as may be approved by the City's Risk Manger. The insurance provided must be signed by a Florida Resident Agent and/or countersigned by a Florida Resident Agent for property, casualty and surety insurance required by the Florida Statutes. (d) The City of Miami Beach must be named as an Additional Insured on all insurance coverage, followed by the statement: "This coverage is primary to all other coverage the City of Maim Beach has for this specific Lease only." (e) Thirty (30) days prior written notice of cancellation of any coverage must be given by the Lessee to City of Miami Beach c/o City of Miami Beach, Risk Management Division, 1700 Convention Center Drive, Miami Beach, Florida, 33139. (f) If Lessee or Lessee's agent sells or distributes beer, wine or liquor, Lessee shall obtain Liquor Liability insurance, in the amount of $1 ,000,000, for death or bodily injury and property damage per occurrence and name the City of Miami Beach as an Additional Insured. 8. Exculpation and Indemnification Clauses - Lessor shall not be responsible for any damage, theft or injury that may occur to Lessee, its sublessees, agents, exhibitors, servants, employees, invitees, licensees or property from any cause during the period covered by this 2 Agreement. Lessee hereby expressly releases Lessor from and agrees to indemnify, defend and hold Lessor harmless against any and all claims for any such loss, damage, or injury, whether in contract or in tort, including any claims or liability for compensation under the Florida Worker's Compensation Act, and any and all other public liability which may arise or accrue by reason of the use by Lessee, and/or its sublessees, agents, exhibitors, servants, employees, invitees, and/or licensees, of the Leased Premises. The Lessor shall not be responsible for any violations of Federal or State law resulting from the sale or trafficking of counterfeit goods, personal property, or trademark, copyright and patent violation by any natural persons or business entities on the Premises. Lessee further releases Lessor from and agrees to indemnify, defend, and hold Lessor harmless against any and all claims for any such loss, damage, or injury, whether in contract or in tort, which may arise or accrue by reason of the cancellation, for whatever reason, of any performance or event scheduled and/or held at the Leased Premises, whether directly or indirectly sponsored by Lessee. 9. Maintenance and Repair - Lessee shall, at its sole cost and expense, maintain the interior portion of the Leased Premises and the fixtures and appurtenances therein, to the extent that Lessee shall only be responsible for such day-to-day housekeeping and minor repairs to the extent necessary (and customary within the ordinary course of business of managing and operating public performing arts venues of comparable size and type as the Leased Premises) to preserve the Leased Premises in good working order and condition, ordinary wear and tear excepted. This shall include, but not to be limited to, day-to-day maintenance of, and minor repairs to, the electrical, plumbing, and air-conditioning systems. Lessee acknowledges that it has obtained and shall maintain during the term herein warranties for the lighting and sound systems. Lessor acknowledges that it shall be solely responsible for all major maintenance of and repairs for the roof, the exterior portiones) of the building, as well as the electrical, plumbing, and air-conditioning systems. All damage or injury of any kind to the Leased Premises and to its fixtures, glass, appurtenances and equipment, except damage caused by the wrongful acts or negligence of the Lessor, shall be the obligation of Lessee, and shall be repaired, restored or replaced promptly by Lessee at its sole cost and expense to the satisfaction of Lessor. All of the aforesaid repairs, restorations and replacements shall be in quality and class equal to the original work or installations and shall be done in good and workmanlike manner. If Lessee fails to make such minor repairs or restorations or replacements, as those contemplated above, the same may be made by the Lessor, at the expense of Lessee, and all sums spent and expenses incurred by Lessor shall be collectable as additional rent and shall be paid by Lessee within ten (10) days after rendition of a bill or statement therefore. In all other respects, the Premises are being leased in their present "as is" condition. It shall be Lessee's obligation to insure that the Premises comply with all applicable building codes and life safety codes of governmental authorities having jurisdiction, except as to the roof and exterior. 10. Governmental Regulations - With regard to its management and operation of the Leased Premises, the Lessee covenants and agrees to fulfill and comply with all statutes, ordinances, rules, orders, regulations, and requirements of any and all governmental bodies, including but not limited to, Federal, State, County and City governments, and any and all oftheir departments and bureaus applicable to the Leased Premises, and shall also comply with and fulfill all rules, orders, and regulations for the prevention of fire, all at Lessee's own cost and expense. The Lessee shall pay all costs, expenses, claims, fines and penalties, and damages that may be imposed because ofthe failure of the Lessee to comply with this Paragraph, and shall indemnify the Lessor from all liability arising from each non-compliance. 3 11. ~ - If exterior signs are requested, they will be of a design and form approved by the Lessor. Lessee shall assume the cost of any such signs. All signs shall be removed by Lessee upon the termination of this Agreement and any damage or unsightly condition caused to the Leased Premises because of, or due to, said signs shall be corrected or repaired by Lessee to the satisfaction of Lessor. 12. The Lessee shall not injure, mar, nor in any manner deface or cause to be destroyed, defaced, altered, modified or physically changed, the Leased Premises or any portion thereof, or any equipment, fixture, or other item contained therein. If the Leased Premises, or any portion thereof, or any structure attached thereto, or any equipment, fixture or other item contained shall be destroyed, damaged, marred, altered, or physically changed in any manner whatsoever, and such is not done by or with the prior written approval of Lessor, but is the act, default or negligence of Lessee, its agents, employees, patrons, guests, or any person admitted to the Leased Premises by Lessee, then and in that event, Lessee will pay such sum as shall be necessary to repair, replace or restore the Leased Premises or item(s) contained therein, to their previous, whole and uninjured or unaltered condition. Lessee hereby assumes full responsibility for the character, acts and conduct of all persons admitted to the Leased Premises during the term of this Agreement by the Lessee or by or with the consent of any person acting for or on behalf of Lessee. 13. Lessee is entrusted to properly care for all equipment owned by the City and used by the Lessee and located on the Leased Premises during the term of this Agreement and all such equipment which shall become lost, stolen, or which shall have disappeared shall be the sole responsibility of Lessee and Lessee shall pay the full replacement cost thereof to City. Lessee shall not remove any article, piece of equipment or other property fumished to the Leased Premises without the prior written permission of the Lessor. An inventory of City-owned equipment is attached hereto as Exhibit A, and by reference hereto made a part hereof. All personal property of Lessee or of third parties placed or removed into the Leased Premises shall be at the risk of the Lessee or the owner thereof. Lessor shall not be liable to. the Lessee for any damage to said personal property unless caused by or due to the negligence of Lessor, its agents, servants or employees. 14. Liability for Damal:e or Iniury - Lessor shall not be responsible for any damage or injury that may occur to Lessee, its agents, servants, employees or property, from any cause during the term covered by this Agreement, unless due to the negligence of Lessor, its agents and/or employees. 15. Peaceful Possession - Subject to the terms, conditions and covenants, Lessor agrees that Lessee shall and may peaceably have, hold and enjoy the Premises without hindrance or molestation by Lessor. 16. Surrender of Premises - Lessee agrees to surrender to Lessor at the end ofthe term of this Lease or any extension thereof, or upon any cancellation of the Agreement, said Leased Premises in as good condition as said Premises were at the beginning of the term of the Agreement, ordinary wear and tear, and damage by fire and windstorm or other acts of God, excepted. 17. Destruction on ,eased Premises - In the event the Leased Premises shall be damaged, destroyed, or otherwise rendered unusable for the purpose of this Agreement, and thereby the fulfillment ofthe Lease by Lessor is rendered impossible, this Agreement shall terminate and Lessee 4 shall make no claim against Lessor, its agents or servants, for damages or compensation should this Agreement be so terminated. 18. Addresses for Notices - The addresses for all notices required under this Lease shall be as follows, or at such other address as either party shall, in writing, notify the other: LESSOR: Asset Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 with a copy to: City Attorney City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 LESSEE: Judy Drucker, President Concert Association of Florida, Inc. 1130 Washington Avenue Fifth Floor Miami Beach, Florida 33139 All notices shall be hand delivered and a receipt requested, or by certified. mail with return receipt requested, and shall be effective upon receipt. 19. ~ - During the term of hereof the Lessee shall pay any and all taxes of whatever nature lawfully levied upon or assessed against the Leased Premises, the operations within the Premises, or the personal property located on the Premises. 20. Records Audit - The Lessee agrees to establish and maintain such records as may be prescribed by the Lessor in the future to provide evidence that all terms of this Agreement have been and are being observed. Lessee grants to Lessor the right and authority to audit all records, docwnents, and books pertaining to the management of the Colony Theater and any other expenses shared between the Lessor and the Lessee. Such audit will be conducted at locations and at a frequency determined by Lessor and communicated to the Lessee. The Lessee agrees to provide materials for the audit at the designed place within three business days after Lessors notice is received. Lessee shall inform all entities retained by it to provide services in connection with Lessee's lease of Lessor's premises pursuant to this Agreement, that they must also agree to this provision relating to an audit upon request of Lessor. 21. Assignment and Subletting - Lessee shall not assign this Agreement, nor shall Lessee have the right to sublet the Leased Premises, in whole or in part, or enter into Concession Agreements, without the prior written consent of Lessor. Notwithstanding the preceding sentence, Lessor acknowledges approval of that certain sublease between Lessee and Colony Theatre Cafe, Inc., dated October 20, 1999, and attached as Exhibit B hereto. 22. Lessor's Proposed Improvements - Lessee acknowledges that the City intends to 5 develop and implement a series of capital improvements for the Premises (the Colony Theatre Restoration Project) which may entail closure of all, or a portion of, the Leased Premises, at Lessor's sole discretion and determination. In the event that the City closes down all, or a portion of, the Premises for the purpose of undertaking the afore stated capital project, Lessor shall provide Lessee with sixty (60) days prior written notice of same and the parties agree that this Lease, and the parties' respective obligations hereunder, shall be stayed during the pendency of construction without liability to either party. Accordingly, Lessee acknowledges and agrees that it shall not have any claim, demand, or cause of action of whatever kind or nature, against the City, its agents, servants and employees including, but not limited to, claims for interference in business or damages for interruption of services or interference in the operation of either the Theatre, and/or the adjacent cafe. 23. Rental Fees - A schedule ofrental fees to be charged to users of the Colony Theater is attached hereto as Exhibit C. Lessee shall not change the scheduled rental fees without the prior written consent of Lessor. 24. Subsidies - In consideration of Lessor's desire to actively participate in providing cultural facilities in the City of Miami Beach, and recognizing the unique cultural benefits provided by the Lessee herein, Lessor shall forego receiving a fair market rental value on the Premises. As further consideration for Lessee operating and managing the Leased Premises, Lessor will provide Lessee with a minimum operating subsidy, in the amount of $45,000 annually, for a total subsidy of $ 135,000 for the initial Lease term ending on June 30, 2004. Lessor may consider an additional subsidy of no more than $15,000 per lease year, contingent upon verification of deficit based on quarterly reviews of the Concert Association's financial statements. If additional subsidies are deemed appropriate by Lessor, said subsidies shall be disbursed in amounts sufficient to offset the quarterly deficit reflected in said financial statements. Said additional subsidies shall be cumulative and shall not exceed $15,000 per lease year (July 1 through June 30). Additionally, any revenues derived from the cafe, as described in Exhibit B, throughout the initial term, and any renewal terms, of this Lease will be disbursed as follows: (a) Seventy percent (70%) of said revenues will be paid to the Lessor by the Lessee, and the Lessor will use said monies to repay a non-interest bearing loan to the City from the City of Miami Beach Cultural Arts Council. Upon repayment of said loan, in full, Lessor will use said monies to offset the cost of any maintenance and capital improvements, required at the Colony Theatre, that are the responsibility of the Lessor. (b) Thirty percent (30%) of said revenues will be retained by the Lessee, and the Lessee will use said monies solely for the funding of maintenance and capital improvements not performed by the Lessor to the Colony Theatre. Notwithstanding the operating subsidy provided to Lessee pursuant to this Paragraph 24, any obligation of Lessor within this Lease which extends beyond any current Fiscal Year within the initial Lease term is subject to and conditional upon budget appropriations by the Mayor and City Commission of the City of Miami Beach. In the event that any monies payable to Lessee pursuant to this Paragraph 24 are not appropriated by the City Commission, then this Lease shall automatically terminate without further liability to the parties hereto or, in the alternative, upon mutual agreement of the parties, this Lease may continue without the subsidy(ies) provided for herein. Additionally, the operating subsidy provided herein may be subject to renegotiation if and 6 when any extension to this Lease Agreement is exercised by the Lessor. Lessor reserves the right to use the Premises twelve (12) days per year at no fee for special not-for-profit events which may be beneficial to the City or may be City-sponsored special events. Said events shall be scheduled in advance so as to not conflict with dates or events already scheduled by the Lessee. In addition to the aforestated twelve (12) days, Lessee acknowledges that the City of Miami Beach Cultural Arts Council (CAe) currently sponsors a series of cultural events throughout multiple venues in the City entitled "Second Thursdays." To that end, and in consideration of Lessor and Lessee's continued mutual commitment to nourish the cultural arts in the City of Miami Beach, Lessee shall use its best efforts to coordinate with Lessor or, in this case, Lessor's designated representative, the City of Miami Beach CAC, to utilize the Premises as a scheduled venue/facility for such "Second Thursdays" events as may be mutually agreed upon by Lessor, through its CAC, and Lessee. Said events shall be scheduled in advance so as to not conflict with dates or events already scheduled by the Lessee. 25. Default and Termination (a) If Lessee abandons or vacates the Leased Premises prior to the expiration of any term hereof; or (b) If Lessee fails to discharge or bond off any lien filed on the Leased Premises within thirty (30) days of written notice from Lessor to Lessee; or (c) If Lessee fails.to perform in accordance with any of the terms and conditions herein contained, and such default is not cured within thirty (30) days after written notice is given to Lessee, then Lessor may terminate the Agreement without further notice to the Lessee and pursue any and all legal remedies available to seek redress for such default, with the prevailing party paying all reasonable legal fees; provided, however, that if such failure to perform is curable but of such nature that the cure cannot be completed within such thirty (30) day period, such failure shall not be deemed a default if Lessee promptly commences a cure upon receipt of such notice and diligently prosecutes such cure to completion; provided, however, that such cure period shall not exceed sixty (60) days. 26. Booking Policy - Lessee shall actively solicit, promote or co-promote performances for the Leased Premises during the term of this Agreement thereby maximizing the revenues to the Theatre. Booking priority and reduced rental rates may be considered for not-for-profit performing arts groups. In booking performance dates for cultural, special and/or other events, Lessee shall assure that a diverse mix of performances are presented at the Colony Theatre which address the needs and interest of a multi-cultural community such as the City of Miami Beach. Such performances may include, but not be limited to, a variety of multi-ethnic cultural events and performances, and events for children and young adults. 27. Venue - This Agreement shall be enforceable in Miami-Dade County, Florida, and if legal action is necessary by either party with respect to the enforcement of any or all of the terms or conditions herein exclusive venue for the enforcement of same shall lie in Miami-Dade County, Florida. 28. Limitation of Liability - The Lessor desires to enter into this Agreement only if in so doing Lessor can place a limit on Lessor's liability for any cause of action for money damages due to an alleged breach by Lessor of this Agreement, so that its liability for any such breach never 7 exceeds the sum of $10,000. Lessee hereby expresses its willingness to enter into this Lease Agreement with Lessee recovery from Lessor for any damage action for breach of contract to be limited to a maximum amount of $10,000. Accordingly, and notwithstanding any other term or condition of this Agreement, Lessee hereby agrees that Lessor shall not be liable to Lessee for damages in an amount in excess of $10,000, for any action or claim for breach of contract arising out of the performance or non- performance of any obligations imposed upon Lessor by this Agreement. Nothing contained in this Paragraph or elsewhere in this Agreement is in any way intended to be a waiver of the limitation placed upon Lessor's liability as set forth in Florida Statutes, Section 768.28. 29. Subsequent Changes - Any alterations, variations, modification or waivers of the provisions of this Agreement shall be only valid when they have been reduced to writing and duly signed by both parties. This Agreement contains the entire agreement between the parties hereto and all previous negotiations leading thereto and it may be modified only by resolution approved by the governing body of each party. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year stated above. Signed, sealed and delivered in the presence of: LESSOR: Attest: CITY OF MIAMI BEACH BY:_~~ ~~~ City Clerk By: LESSEE: CONCERT ASSOCIATION OF FLORIDA, INC. #/ . Secretary By9~~ Pre sid By: APPROVED AS TO FORM & LANGUAGE 'FOR N 1~/1 ~o f Date T:\AGENDA \200 I IJUL 180 I lREGULARICOLONY ,LSE 07/12/01.1 8 EXHIBIT A CITY-OWNED INVENTORY Ma~ 23 01 02:22p Colon~ Theater 305-534-5026 p.2 Jqqq- 2000 Lighting Inventory: Unit stock ETC Source Four 36' 10 Altman 25/50 Zooms 13 Allman 20/40 Zooms 16 Altman 6X16 18 Altman 6X12 24 Century 6XI2 (fair condition) 10 Altman 6X9 23 Century 6X9 (fair condition) 2 Par 64 Cans (house: MFL) 30 Altman Skycycs 3 Circuit 5 Lycian Long Throw 1 Estimate $35,000. Control: 105 - 2.4k dimmer/circuits ETC Insight w/ color monitor. Estimate $80,000. Sound Inventory: Speakers: House: Directional center cluster; House left and right main (13" drivers) and bass cabinet (17" woofers). Stage: 2 JBL slant monitors Control: Soundcraft 24 Channel mixer console Yamaha SPX-900 FX Rane compressorllimiter/expander (House P.A.) Tascam 1/4" R/R, 1 Cassette player (dual). 1 CD player (single) Estimate $75,000. Accessories: Large selection of microphones (SM 58,57) including floor and Sony Wireless 4 Hotspot speakers with volume control 24 channel snake (SR) Clearcom headset system, soundllightlFS positions, SL, SR, dressing rooms Estimate $25,000 MAY-23-2001 15:21 305 534 5026 P.l'l2 Ma~ 23 01 02:23p Colon~ Th..at.... 305-534-5026 p.3 Projection: 16mm Projector 35mm Projector (Victoria V, platter system). Stewart Automated roll up screen 20 x 36 with I SO grain surface Dolby Digital eP4S Sound system with 3 EAW mains, I JBL (Double 18") Sub. Estimate $85,000 Other Equipment Black scrim 20 x 40 Black marley dance floor Piano 2-1200 Watt slide projectors w/9mm and 3Smm lenses A V Pro Video Projector Infrared Hearing Impaired system Estimate $38.000, Total Value ofTeohnica\ Equipment: $338,000. MAY-23-20I'l1 15:22 305 534 5026 99% P.12l3 Ma~ 23 01 02.22p Colon~ Theater 305-534-5026 p.1 tlmml c()l()ny E T 1040 LINCOLN ROAD MIAMI BEACH, FLORIDA 33139 305 - 6 74 -1040 (T E L) ... 305 - 534- 5026 ( FAX ) I'A.CSIMILE TRANSMITTAl. SHEET TO, Robett Robozo fR.OM: Ku-en Kodand Caru.,o COU"ANY' City of j',Iiami Beach F~NUMBJill: 305-604-2437 OATE.~ 5-23-01 roTA!. NO. OF ~^GliS lNUUDlNG COVER.; PHONB NmDJE.R: RE, Colony Theatre Inventory o URGENT 0 FOR REvIEW 0 PLEASE coMMENT 0 PLEASIi REPLY [J PLlBSE RECYCLE Robert - attached i., the Colony Inventory.. . Please not that the of lice L-quipment along with our Ticket MIlSter S}'Stem belongs to the Concert Association of folom. Lighting and Sound equipment and other is property of the City of Miami Beach Theatrically, Karen MAY-23-2001 15:21 PROM THE DfiSK OF KARliN KORLA!>iD CARUSOJGENBRA1. MANAGER 3ffi 534 5026 96% P.01 EXHIBIT B CAFE SUBLEASE COMMERCIAL LEASE AGREEMENT I. Parties. This Lease is made effective as at the ;).oI~ day of October, 1999 between CONCERT ASSOCIATION OF FLORlDA,INC. ("Landlord") and COLONY THEATER CAFE, INC., a Florida corporation ("Tenant"). 2. Demised Premises. Subject to the terms and provision of this Lease, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, a portion of the Colony Theater located at 1040 Lincoln Road (Lenox A venue and Lincoln Road), Miami Beach, Florida (the "Building") consisting of space as follows: (a) approximately eight hundred (800) square feet restaurant space adjacent to the Colony Theater; (b) Rear storage room above cafe only when shows are not in process; (excess equipment in this room not being utilized by Landlord may be removed, but this area must be padlocked every evening with a key provided to the Colony Theater Teclmical Director); Front storage room must be kept clean of all cafe equipment as it is to be utilized by the Colony Theater staff only. (c) bar extending between the cafe and Colony Theater lobby; and (d) seating area in the Colony lobby (the llPremises"). 3. Use of Premises. 3.1 Permitted Use and Business Name. The Premises shall be used and occupied only as a restaurant/cafe. This Lease shall be contingent upon Tenant obtaining an alcoholic beverage license and being able to serve liquor, beer and wine. 3.2 Hours of Business and Continuous Occupancy. continuously occupy and utilize the premises during the tenn of this Lease. Tenant shall 3.3 Opening and Continuous Occupancy. The Tenant shall continuously. actively and diligently carry on the business specified in Section 3.1 on the whole of the Premises during the term. during such hours and upon such days as are herein required, except when prevented from doing so by force majeure. The Tenant acknowledges that its continued occupancy of the Premises and the regular conduct of its business therein are of utmost importance to the Landlord. The Tenant acknowledges that the Landlord is executing this Lease in reliance thereupon and that the same is a material element inducing the Landlord to execute this Lease. 3.4 Tenant's Covenants as to Use and Occupancy. Tenant shall exercise reasonable care in its use of the Premises or Building and shall not do or permit anything to be done in or about the Premises or Building, nor bring nor keep anything in the Premises or Building which will in any way affect the fire or other insurance upon the Building, or any of its contents, or which shall in any way conflict with any statute, ordinance, rule, regulation, order, law or other requirement (collectively the "Laws") affecting the occupancy and use of the Premises or Building, which is now, or may hereafter be, enacted or promulgated by any public authority. Tenant recognizes that the use of the Premises is an adjunct to the use of the Colony Theater as a theater and must, at all times, be compatible with the operation of the Colony Theater and sensitive to the needs and requirements thereof. Tenant shall not obstruct or interfere with the rights of other occupants of the Building, or injure or annoy them. Tenant shall not use, or allow the Premises to be used, for any illegal purpose or purpose constituting a public or private nuisance or for sleeping purposes, and nothing shall be prepared, manufactured, or mixed in the Premises which would emit an odor and/or fumes of any type into or around the Theater, nor will the Tenant permit any noise levels to emanate from the Premises that wilt interfere with any other occupant of the Building. Tenant shall promptly comply with and execute all of the aforesaid, and any Laws and all rules, orders and reasonable regulations of the Southeastern Underwriters Association for the prevention of fires, at Tenant's own cost and expense. At all times during the tenn of this Lease and any extensions or renewals thereof, Tenant shall, at its expense, obtain and maintain all permits, licenses and other governmental authorizations which are necessary for the operation of its business in accordance with Section 3.1. 3.5 Lobby Use. The Colony lobby may not be used to store any cafe equipment, freezers, food or office supplies. All cafe materials must be stored in the cafe, behind the cafe bar or in the upstairs storage room. The small lobby bar must remain accessible for Renters to use for T-shirt, music or other sales approved by the Theater management. Renters are not permitted to sell or serve any food or beverages in the premises, except for Renters that have sponsors or product underwriters who may serve food or beverages at no charge. Renters shall be limited to persons or entities renting the theater for performances. During a performance, the only cafe transactions to be conducted in the Colony lobby are the selling of concession food. andlor beverage service to Colony patrons. Any other food or bar service from one hour prior to advertised curtain time is limited to the cafe premises only. From one hour prior to curtain, the sound system in the cafe must be turned to a minimal until the performance conclusion. When a performance is in session, the cafe partition must remain closed and blocked off with stanchions. All restaurant patrons and employees must use the cafe restroom during this time, but may use the Colony Theater restrooms at such other times and under such circumstances as are reasonably agreed to by the Theater management, considering security matters, among other things. Notwithstanding the foregoing, in the event Tenant requires the use of such Colony Theater restrooms in order to comply with code requirements, Tenant and Tenant's patrons and employees shall have the right to use the Colony Theater restrooms so long as such use does not conflict with any perfonnances in progress or create a problem with restaurant patrons attempting to gain access to the Theater auditorium. It is the intention of the parties that tenant will not need to construct any bathrooms for the operation ofits business at the Premises. Tenant, at Tenant's option and expense, may construct a glass wall and door in the lobby to separate the lobby area from the Theater area in order to minimize noise levels. Landlord agrees to use its best efforts to have Tenant reimbursed for the cost of such wall and door from restoration grants to be applied for. 3.6 Outside Theater Use. Tenant is granted the right to utilize the space outside of the Building to the extent permitted by law, without additional charge by the Landlord. However, no such use shall interfere with the operations of the Theater, the box office, or in any way interfere with the normal and appropriate access, ingress and egress of our Theater patrons. 4. Teml. The term of this Lease shall be for a period of six (6) years commencing on the execution by both parties of this Lease and ending on the 6th anniversary thereafter. 5. Rent. As rental for the lease of the Premises, Tenant shall pay to Landlord, at Landlord's address set forth in Paragraph IS hereof. for the initial term of this Lease, base rent ("Base Rent") in the monthly amount of FOUR THOUSAND and 00/100 ($4,000.00) DOLLARS. All rent during the term of this Lease shall be due on the first day of each calendar month during the term of this Lease, free from all claims, demands or setoffs against Landlord of any kind or character whatsoever. If the term of this Lease shall begin or terminate on other than the first or last day respectively of a calendar month, all rent and other charges accruing under this Lease for such portion of the partial calendar month shall be apportioned and paid on the basis of a thirty day month. In the event any installment of Base Rent or other charges accruing under tbis Lease is not paid within ten (10) days of the due date, a late charge of five percent (5%) of the delinquent surn may be charged by Landlord. If my installment of Base Rent or other charges accruing under this Lease remain overdue for more than twenty (20) days, an additional late charge in an amount equal to 1-1/2% per month or part thereof (18% per annunl) of the delinquent amount may be charged by zilla/cao fico 1 on Ise. doc -2- Landlord. stich charge to be computed for the entire period for which the amount is overdue. All late charges shall he due immediately upon demand by Landlord without set-off or defense. 5.1 Base Rent Increases. The Base Rent shall be increased annually commencing on the first anniversary date of each Lease and shall be adjusted annually on each anniversary date of each year thereafter, (the "Change Date") by an amount equal to any increase in the cost of living as reflected by the United States Department of Labor. Consumer Price Index for All Urban Consumers: U.S. Southern City Average, as applicable to Miami, Florida all items (1982-84 ~ 100) (hcreinafier refmed to as the "Index"). Such adjustment shall be accomplished by multiplying the then current annual rent by a fraction, the numerator of which shall be the Index for the month which is three (3) months prior to the Change Date for which such adjustment is to be made, and the denominator of which fraction shall be the corresponding monthly index for the same month of the preceding calendar year. In the event such Index shall be discontinued with no successor or comparable successor Index, Landlord shall select a reasonable substitute index. In no event shall the Base Rent. as adjusted from time to time. be decreased ,:It any time duri ng any Lease or Option year. Such rent always being paid in advance in equal monthly installments on the first day of each month. A lease year shall be each period of 12 calendar months beginning on the date of the signing of this Lease by both parties. 5.2 Payment of RCIl!. Tenants rent shall be payable on the following schedule: Monthly in advance commencing ninety (90) days after the execution of this Lease by the Tenant, Landlord and Owner, it being the intention that the Tenant shall have three (3) months occupancy without paying rent. 6. Sales Tax. All payments of Base Rent and any other charges arising under this Lease shall be considered to be rent and shall be paid by Tenant together with applicahle Florida Sales Tax, and any other tax on rent payments that may be imposed by any governmental agency or authority, excluding income taxes. 7. Improvements and Delivery of Possession. Tenant acknowledges that Tenant has inspected the Premises and Tenant is accepting the same in "as is" condition. No representations except those expressly contained herein have been relied on by Tenant with respect to the condition, design, amenities of the Building or Premises. Tenant \'I/ill make no claim against Landlord on account of any representation of any kind, whether made by any renting agent, broker, officer or other representative of Landlord or which may be contained in any advertisement relating to the Building unless such representation is specifically set forth in this Lease. Notwithsl.mding anything to the contrary contained in this Lease (including, without limitation, Section 3.4), the obtaining and maintenance of all permits, licenses. zoning and governmental authorizations required for Tenant's occupancy or business operations shall he Tenant's sole responsibility and at Tenant's sole cost and expense and, except as to the alcoholic beverage license in no case shall the obtaining or maintenance of such be a condition to Tenant's obligations hereunder. 8. Assignment and Subletting. Tenant shall not assign, mortgage, pledge, or hypothecate this Lease, or any interest therein, nor shall Tenant permit the use of the Premises by any person or persons other than Tenant, nor shall Tenant sublet the Premises, or any part thereof. Any sale of stock of Tenant (if a corporation), assignment of partnership interest (if a partnership), assignment of beneficial interest (if a trust), or other device which has the effect of transferring the practical benefits of this Lease from the parties currently controlling Tenant, shall be a prohibited transfer and will be considered a default. Tenant may, however, transfer stock or other ownership indicia between present stockholders or partners upon written notice to Landlord without it being deemed an assignment for the purposes of this paragraph. Tenant shall furnish Landlord with the names of its Stockholders, if applicable, upon execution of this Lease. 9. Condition of Demised Premises: Maintenance and Repairs. zin a/ caofl co Ion Ise.doc -3- 9.1 Notwithstanding anything herein to the contrary, the Tenant recognizes that the Colony Theater is scheduled to undergo a major restoration during the tenn of this Lease and agrees to cooperate and understands that such restoration will result in inconveniences to the Tenant, none which should prohibit the Tenant from continuing with the operation of its business. Should the Tenant be precluded from operating its business during such periods, the Landlord will endeavor to restrict such times to the summer months, and Tenant's rent shall be abated during such periods. Further, in the event ofa restoration of the facade and/or lobby of the Colony Theater, the space allocated to the Tenant in the present lobby, as the existing bar, may be relocated, at Landlord's expense, however the space in the lobby currently used for restaurant seating may be reoriented as lobby space and may be discontinued for restaurant use. moved or even eliminatedj and such action shall not give rise to any cause of action or claim for rent reduction or otherwise by the Tenant for any reason. However, such renovation shall not in any way rcstrict the use of the two (2) Colony Theater bathrooms (or replacements thereot) by Tenant and Tenant's cmployees and customers. Landlord represents that the two (2) Colony Theater bathrooms are in compliance with all code and handicap requirements for use for the Colony Theater or, if not in compliance, it will be Landlord's responsibility, at Landlord's expense, to bring the bathrooms up to code and in compliance with handicap requirements if required by any governmental authority. 10. Alterations, Additions or Improvements. Tenant shall not commence any work or make or allow any other repairs, replacements, additions or modifications to the Premises (collectively the "Alterations!!) without the Landlord's prior written approvaL All such work, if allowed, shall be perfonned: (i) at the sole cost of the Tenant; (ii) by licensed contractors and subcontractors and workmen approved in writing by the Landlord; (iii) in good and workmanlike manner; (iv) in accordance with the drawings and specifications approved in writing by the Landlord; (v) in accordance with all applicable laws and regulations; (vi) subject to the reasonable regulations, supervision. control and inspection of the Landlord; and (vii) subject to such indemnification against liens and expenses as the Landlord reasonably requires. If any alterations would affect the structure of the Building or any of the electrical, plumbing, mechanical, gas, water, heating, ventilating or air conditioning systems or other base Building systems, such work shall be perfonned by licensed contractors and architects and engineers, as reasonably required by the Landlord. Plans shall be submitted to Landlord in advance and shall be subject to Landlord's approval. If such plans contemplate work affecting the structure or any base systems, Landlord may employ a consulting architect and/or engineer as Landlord reasonably may require to evaluate such plans and/or construction, and any expenses or fees incurred by the Landlord shall be reimbursed or paid by Tenant upon presentation. Notwithstanding the foregoing, Tenant may construct or remodel the Premises during the tcrm of this Lease without Landlord's prior consent so long as such construction or remodeling is to the interior of the Premises, is non-structural and is in the area East of the partition only and not in the Lobby. Upon installation, all alterations such as walls, ceilings, and any fixtures shaH become the property of Landlord and shall remain upon aild be surrendered with the Premises. Tenant shall have no right or power to create mechanics' liens on the Premises, Building, underlying property, or attached fixtures and shall so advise any suppliers of material or labor for work on the Premises. 11. Damage by Fire or Other Cause. Il.l If the Demised Premises shall be partially damaged by fire or other cause without the fault or neglect of Tenant, Tenant's servants, employees, agents, visitors or licensees, such danlages shall be repaired by and at the expense of Landlord and the base minimum rent and Tenants share of operating costs, until such repairs shall be made, shall be abated according to the part of the Demised Premises which is usable by Tenant. However, if such partial damage is due to the fault or neglect of Tenant, Tenant's servants, employees, agents, visitors or licensees, without prejudice to any other rights and remedies of Landlord and without prejudice to the rights of subrogation of Landlord's insurer, the damages shall be repaired by Landlord but there shall be no apportionment or abatement of rent. No penalty shall accrue for reasonable delay which may arise by reason of adjustment of insurance on the part of Landlord and for reasonable delay on account of "labor troubles", or any other cause beyond Landlord's control. zilla/cao [I colon Ise. doc -4- Tenant shall give immediate notice to Landlord in case of fire in the Demised Premises. Notwithstanding the foregoing, if the Demised Premises are totally or substantially damaged or are rendered wholly or substantially untenantable by fire or other cause, and if Landlord shall decide not to restore or not to rebuild the same, or if50% or more of the Building shall be so damaged (whether or not the Demised Premises have been damaged), or if the Building shall be so damaged that Landlord shall decide to demolish it or to rebuild it (whether or not the Demised Premises have been damaged), then, or in any of such events, Landlord may, within forty five (45) days after such fire or other cause, give Tenant a notice in writing of such decision (which notice shall be given as herein provided), and thereupon the term of this Lease shall expire by lapse of time upon the third day after such notice is given, and Tenant shall vacate the Demised Premises and surrender the same to Landlord. I Upon the tennination of this Lease under the conditions provided for in the sentence immediately preceding, Tenant's liability for rent shall cease as of the day following the casualty. In no event shall the Landlord be liable to the Tenant for damages for the casualty, cause thereof, or temlination of the Lease. If the damage or destruction be due to the fault or neglect of Tenant, the debris shall be removed by, and at the expense of, Tenant and, if Tenant shall fail to remove same, such removal may be done by Landlord at the expense of Tenant. 11.2 No damages, compensation or claims shan be payable by Landlord for inconvenience. loss of business or annoyance arising from any repair or restoration of any portion of the Demised Premises or of the Building. Landlord shall use its best efforts to effect such repairs promptly and in such manner as not unreasonably to interfere with Tenant's occupancy. 12. Entry and Inspection. Tenant will permit Landlord and its agents to enter the Premises at all reasonable times for the purpose of examining or inspecting the same, or for the purpose of protecting Landlord's reversions, or to make alterations, repairs, or additions to the Premises or to any other portion of the Building, or for maintaining any service provided by Landlord to tenants in the Building, or for the purpose of removing placards. signs, fixtures, alterations or additions which do not confoml to this Lease or the rules and regulations of the Building. or for any other purpose which Landlord reasonably deems necessary for the safety. comfort or preservation of the Premises or Building. Tenant will permit Landlord at any time within six (6) months prior to the expiration of this Lease to bring prospective tenants upon the Premises for purposes of inspection and to put or keep upon the doors or windows thereof a "For Rent" and/or "For Sale" notice. In furtherance of such rights, Landlord shall retain a key to the Premises and Tenant shall not install any new locks to the Premises without the prior written consent of Landlord and unless Tenant furnishes Landlord with a copy of such key. No entry pursuant to this Paragraph shall in any way be deemed a breach of the covenant of quiet enj0yment. 13. Indemnity. Except in the event of Landlord's gross negligence or intentional acts. Landlord shall not be liable to Tenant, Tenant1s agents, employees, or invitees for any injury or damage that may result to any person or property (including, without limitation, any of Ten ant's property) by or from any cause whatsoever, including, without limitation, any act or omission of any co~tenant or occupants of the Building or of any other entity or person whomsoever (without limiting the generality of the foregoing, whether caused by gas, fire, oil, electricity, bursting of pipes or defective construction or maintenance) in, on or about the Premises, or any part thereof, and Tenant covenants not to bring or abet any such action. Tenant agrees to indemnify, defend and hold Landlord and its officers, directors, agents and employees harmless from and against any and all claims, liabilities, costs or expenses whatsoever (including attorneys' fees and court costs at all tribunal levels) for any injury or damage to any person or property whatsoever arising from any occurrence at the Premises occasioned by any act or omission of Tenant, its agents, contractors, employees, or invitees.. 14. Utilities and Services. Electricity is billed to Landlord and there is an internal meter to monitor monthly electric consumption to Tenant thus Landlord will bill Tenant for its portion of the electricity. Garbage is $590.20 per month for a 5 day week pick-up and the Landlord uses $233.70 two days a week so the Tenant will pay the difference. Water consumption will be billed by the Landlord and will be split 50/50. The cost and performance of janitorial, telephone, and security service for the Premises shall be Tenant's sole responsibility. Landlord shall not be liable to Tenant for any interruption in the service of any utility. No interruption or failure of such utilities or services shall relieve Tenanl from the obligation to pay zinaJ caof! co Ion Ise .doc -5- the full amount of rent and other charges herein reserved, nor shall the same constitute a constructive or other eviction of Tenant unless caused by the Landlord. IS. Notices. All notices required or permitted to be given under this Lease by either party to the other shall be given in writing and shall be given by personal delivery or hy registered or certified mail, return receipt requested, or by Federal Express, postage prepaid, sent to Landlord c/o Concert Association of Florida, Inc., 55 17th Street, Miami Beach, FL 33139 or at such other place and to such other person as Landlord may from time to time designate in writing. Any notice to be given to Tenant under this Lease, if given by registered or certified mail or Federal Express, as above provided, shall be sent to Tenant, with a copy to Betty M. Capote, Esq., 1101 Brickell Avenue, 17th floor, Miami, Florida 33131. Notice given by personal delivery shall be effective as of the date ofdeIivery; notice mailed shall be effective as of the third day (not a Saturday, Sunday or legal holiday) next following the date of mailing; notice by Federal Express shall be effective on the next business day following the date of sending. 16. Default. Tenant covenants and agrees that any of the following events shall be a default under this Lease: (i) if Tenant or any guarantor of any of Tenant's ohligations hereunder shall fail to perform or observe any covenant, condition or agreement to be performed or observed by such party hereunder or under any guaranty agreement; or (ii)ifTenant or any guarantor of any of Tenant's obligations hereunder shall cease doing business as a going concem, make an assignment for the benefit of creditors, admit in writing its inability to pay its debts as they become due, become insolvent (Le., greater liabilities than assets), or take any action looking to its dissolution of liquidation; or (Hi) if Tenant or any guarantor of Tenant's obligations should file for relief, or have filed against them, an action under any provision of any state or federal bankruptcy or insolvency law; (iv) if Tenant shall abandon or vacate the Premises; (v) if Tenant fails to pay all charges for gas, sewer, electricity and other utilities which are separately metered for the Premises within fifteen (IS) days afier such are due; or (vi) if Landlord determines, in its reasonable discretion, that lUlpleasant noises or odors emanate from the Premises and Tenant does not eliminate such noises and odors permanently within five (5) days after written notice from Landlord, then, in the event of any such default, Landlord may, at its option, elect any ofthe following remedies: (a) Re-take and recover possession of the Premises, tenninatc this Lease. and retain Tenant's security deposit. (b) Re-take and recover possession of the Premises, without terminating this Lease, in which event Landlord may re-rent the Premises as agent for and for the account of Tenant and recover from Tenant the difference between the rental herein speci fied and the rent provided in such re~rental including, without limitation, attorneys' fees. (c) Permit the Premises to remain vacant in which event Tenant shall continue to be responsible for all rental and other payments thereunder. (d) Re-take and recover possession of the Premises, and accelerate and collect all rent due herelUlder for the balance of the tenn of this Lease. (e) Take any other action as may be permitted under applicable law. Except as provided in paragraph (vi) above, the remedies available to Landlord in the event of Tenant's default shall not be available to it, in the event of non-monetary defaults only, until after Landlord has delivered written notice of such default to Tenant and Tenant has failed to cure same within fifteen () 5) days after receipt of such notice, or has undertaken such cure, assuming that same cannot be completed within the IS day period. All of the Landlord's remedies contained in this Lease shall be cumulative and election by Landlord to take anyone remedy shall not preclude Landlord from taking any other remedy not by its nature absolutely incompatible with any previously or contemporaneously elected remedy. 17. Attorneys' Fees and Costs. Prevailing party shall be entitled to recover all costs, including reasonable attorneys' fees at all tribunal levels, incurring by such party in enforcing this Lease or any covenant hereof or in the collection of any rent, or other sum of money, becoming due hereunder or in the re<.:overy of possession of the Premises, in the event of the breach by Tenant of any of the tenns or zinal cao f! co Ion Ise .doc -6- provisions of this Lease, or any other dispute between the parties relating to the interpretation or enforcement of this Lease. 18. Non-Waiver of Breach. Landlord's failure to take advantage of any default or breach of covenant on the part of Tenant shall not be construed as a waiver thereof, nor shall any custom or practice which may grow between the parties in the course of administering this Lease be construed or to waived or to lessen the right of Landlord to insist upon the strict performance by Tenant of any term, covenant or condition hereof, or to exercise any rights of Landlord on account of any such default. A waiver of a particular breach or default shall not be deemed to be a waiver of the same or any other subsequent breach or default. The acceptance of rent hereunder shall not be, or be construed to be, a waiver of any breach of any term, covenant or condition of this Lease. The presentation of any rent or other charge hereunder in the fonn of a check marked by Tenant to constitute a waiver of any default shall not constitute such waiver even though endorsed and cashed by Landlord unless Landlord expressly agrees to waive such default by separate Mitten instrument. No surrender of the Premises for the remainder of the teon hereof shall operate to release Tenant from liability hereunder. 19. Subordination, Attornment and Non-Ilisturbance This Lease and Tenant's rights hereunder, are hereby made expressly subject and subordinate to any and all security agreements, mortgages, ground or underlying leases, or like instruments resulting from any financing or refinancing affecting the Premises or Building which are currently in existence or which may hereafter be created by Landlord, or its successors or assigns, including any and all extensions and renewals, substitutions, and amendments thereof, and to any and all advances made or to be made under same (collectively the "Mortgage"). Tenant agrees to execute any instrument or instruments which the Landlord may deem necessary or desirable to further evidence the foregoing subordination. Tenant agrees that in the event of any act or omission by Landlord which could constitute a default by Landlord or give Tenant the right to terminate this Lease or claim a partial e\'iction, Tenant shall not exercise any such right until (i) Tenant notifies Landlord in writing of such default and Landlord fails to cure such default within fifieen (lS)days of such notice. This Lease is subordinate and subject to all of the terms and conditions of the J ,ease between the Landlord, as Lessee, and the City of Miami Beach (the "Owner") dated September 27, 1994, as amended and extended, (the "Master Lease"). 1ne Owner, by its joinder herein, agrees for itself and on behalf of any future tenant that so long as Tenant is not in default under this Lease this Lease shall remain in full force and effect and the Tenant shall not be disturbed and in the event the Master Lease is terminated, Owner shall succeed to the interest of Landlord under this Lease, and the Tenant agrees to attorn to the rights of the Owner or any future lessee of the Owner so long as the rights of the Tenant are not affected, it being the intention that the Tenant shall have and remain with all of the rights, obligations, terms and conditions of this Lease in full force and effect during the entire ternl of this Lease, including any option periods, notwithstanding any change in the Landlord. Upon the temlination of the Master Lease with the (lwner, the Landlord shall be released from any further liability or responsibility to the Tenant so long as OWJlcr assumes such liability and responsibility and the Tenant agrees to look to the Owner or substituted Landlord exclusively for all matters. 20. Time. It is understood and agreed between the parties hereto that time is of the essence of this Lease, and to all of the tenns, conditions and provisions contained herein. any time period herein described of ten (10) days or more shall mean calendar days; less than ten (10) days shall mean business days. 21. Sublease. This is a Sublease. The Landlord's interest in the Premises is as Lessee under the Master Lease between it and the City of Miami Beach dated September 27, 1994, as amended and extended, a copy of which initialed for identification, is attached hereto. This Sublease is expressly made subject to all the terms and conditions of the Master Lease. The Lessee shall use the Premises in accordance with the tenns of the Master Lease and not do or omit to do anything which will breach any of its terms. The Tenant shall assume the obligati1m for perfomlance of all the Landlord's obligations under the Master Lease regarding and restricted 10 the Premises leased hereby, excluding paragraphs 22 and 28 thereof. and Landlord shall assume the obligations for performance of Owner's obligations under paragraph 9 thereof. zin aJ caof/co Ion Ise.doc -7- 22. Amendment of Lease. This Lease may not be altered, changed, or amended, except by an instrument in writing, signed by the party against whom enforcement is sought. This Lease and any exhibits contain the entire agreement reached in all previous negotiations between the parties hereto and there are not other representations, agreements or understandings except as specifically set forth herein. 23. Condemnation. 23.1 In the event that the whole of the Demised Premises shall be condemned or taken in any manner for any public or quasi-public use, this Lease and the tenn and estate hereby granted shall forthwith cease and terminate as of the date of vesting of title. In the event that only a part of the Demised premises shall be so condemned or taken, then effective as of the date of vesting of title, the base minimum rent hereunder for such part shall be equitably abated and this Lease shall continue as to such part not so taken; provided, however, that if Tenant shall, in its reasonable judgment, decide that its business is not economically viable as a result of such taking, Tenant shall have the right to tenninate the Lease. In the event that only a part of the Building shall be so condemned or taken, then (a) if substantial structural alteration or reconstruction of the Building shall, in the reasonable opinion of Landlord, be necessary or appropriate as a result of such condemnation or taking (whether or not the Demised Premises be affected), Landlord may, at its option, temlinate this Lease and the ternl and estate hereby granted as of the date of such vesting of title by notifying Tenant in writing of such ternlination within 60 days following the date on which Landlord shall have received notice of vesting of title, or (b) if Landlord does not elect to terminate this Lease, as aforesaid, this Lease shall be and remain unaffected by such condemnation or taking, except that the base minimum rent shall be abated to the extent, if any, hereinbefore provided. In the event that only a part of the Demised Premises shall be so condemned or taken and this Lease and the term and estatc hereby granted are not terminated as hereinbefore provided, Landlord will, at its expense, restore with reasonable diligence the remaining structural portions of the Demised Premises as nearly as practicable to the same condition as it was in prior to such condemnation or taking. 23.2 In the event of tennination in any of the cases in this Article provided, this Lease and the term and estate hereby granted shall expire as of the date of such termination with the same effect as if that were the date hereinbefore set for the expiration of the teml of this Lease, and the base minimum rent hereunder shall be apportioned as of such date. 23.3 In the event of any condemnation or taking of all or part of the Building or the Demised Premises, Landlord shaH be entitled to receive the entire award in the condemnation proceeding, including any award made for the value of the estate vested by this Lease in Tenant, and Tenant hereby expressly assigns to Landlord any and all right, title and interest of Tenant now or hereafter arising in or to any such award or any part thereof, and Tenant shall be entitled to receive no part of such award. Notwithstanding the foregoing, Tenant may file a claim and receive a separate award for the unamortized value of its leasehold improvements, personal property and fixtures, business dislocation damages. and all expenses involved in relocation. 24. Surrender of Demised Premises. Tenant agrees to surrender the Premises and the Inventory at the tennination of the tenancy herein created in the same condition as received by Tenant, reasonable use and wear thereof excepted. 25. Holding Over. In case of holding over by Tenant after expiration or termination of this Lease, Tenant will pay for each month of such holdover period double the amount of the rent and other charges accruing for the last month during the term of this Lease. No holding over by Tenant after the ternl of this Lease shall operate to extend the Lease, except that any holding over with the consent of Landlord in writing shall thereafter constitute this Lease as a month to month tenancy. 26. Interpretation. The parties hereto intend that the interpretation and enforcement of this Lease be governed by the laws of the State of Florida. If there is more than one Tenant, the obligations hereunder imposed upon Tenant shall be joint and several. The words "Landlord" and "Tenant" shall also extend to and mean the successors in interest of the respective parties hereto although this shall not zinaJcao f/ co Ion Ise .doc -8- be construed as conferring upon the Tenant the right to assign this Lease or sublet the Premises or confer rights of occupancy upon anyone other than Tenant. AU charges due from Tenant to Landlord hereunder, including, without limitation, any charges against Tenant by Landlord for services or work done on the Premises by order of Tenant, except sales tax, shall be decmed additional rent, shall be included in any lien for rent, and shall be paid (including sales tax) without setoff or defense of any kind. This Lease has been fully negotiated and reviewed by the parties and their counsel and is the work product of both Landlord and Tenant; it shall not be more strictly construed against either party. 27. Quiet Enjoyment. Tenant shall and may peaceably have, hold and enjoy the Premises subject to the terms of this Lease and provided Tenant pays the rental herein reserved and performs all the covenants and agreements herein contained. However, this covenant shall be subject to the terms of the underlying Lease and of any mortgages which may now or later affect the Premises. 28. Estoppel Certificate Within five (5) days afier request therefor by Landlord, Tenant shall deliver to Landlord, in a form satisfactory to Landlord, a certificate certifying (i) the good standing and absence of default under this Lease; (ii) the absence of set-offs to charges hereunder; (iii) the validity and completeness of a copy of this Lease and all amendments to be attached to the certificate; (iv) the amount of pre-paid rent; (v) the amount of security deposit; (vi) the commencement and expiration dates hereof; (vii) the dates and amounts of the last made and next due rental installments; and (viii) such other matters as Landlord shall request. 29. Signage. Except with the prior written consent of Landlord, the Tenant shall not erect, install, display, inscribe, paint or affix any signs, lettering or advertising mediums, in, upon, or above any exterior or interior portion of the Premises including, without limitation, the storefront as well as the exterior glass surfaces thereof. Nevertheless, it is contemplated that signage will be allowed by the Landlord, in keeping with Landlord's building standards in Landlord's sole and uncontrolled discretion, al1d in keeping with a first class arts/business district and the design of the Colony Theater. 30. Parking. Tenant shall be responsible, at Tenant's sole cost and expense. for the payment of all parking, impact or other fees, if any, related to Tenant's use or occupancy of the Premises or Iluilding. 31. All attachments and exhibits to this Lease shall be considered a part hereof. 32. Brokera~e. The parties represent and warrant to each other that there are no brokers involved in this Lease transaction and agree to indemnify, defend and hold harmless the indemnified party from and against all costs. claims, liabilities, expenses or damages of any kind whatsoever (including but not limited to attorneys' fees and costs at all tribunal levels) arising from any such brokerage claim made against the indemnified party by anyone claiming a commission or fee of any kind as a result of actions by the indemnifying party. 33. Recording. Landlord may record a short form of memorandum (the "Memorandum") of this Lease. Within five (5) days of written request by Landlord, Tenant shall execute Landlord's form Memorandum and promptly return such to Landlord for recordation. 34. Authority. Tenant and person signing on behalf of Tenant have full right and authority to enter into this Lease, and each of the persons signing on Tenant's behalf are authorized to do so. In addition, Tenant warrants that it is not necessary for any other person, firm, corporation, or entity to join in the execution of this Lease to make the Tenant's execution complete, appropriate and binding. 35. Severability. Inapplicability, invalidation, or unenforceability of anyone or more of the provisions of this Lease or any instrument executed and delivered pursuant hereto, by judgment, comt order or otherwise, shall in no way affect any other provision of this Lease or any other such instrument, which shall remain in full force and effect. z in al caofl colon Ise .doc -9- 36. Radon Gas. Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 37. Rules and Regulations. The rules and regulations as may be hereafter adopted by Landlord for the safety, cleanliness and operation of the Building and the preservation of good order therein and for the most efficient use by all tenants, agents, employees, jnvitees and visitors of the automobile parking spaces provided by Landlord, if any, are expressly made a part of this Lease and Tenant agrees to comply with such rules and regulations. No rules and regulations shall prohibit the reasonable use of the Premises by Tenant, its agents, employees, invitees and visitors for the purposes permitted by this Lease. The Landlord shall not be responsible to Tenant for any nonobservance of such rules and regulations by any other tenant of the Building. The rules and regulations shall be binding upon the Tenant upon delivery of a copy of them to Tenant. 38. Lien Upon Tenant's Property. Landlord hereby waives its Landlord's statutory lien on all of the furniture, fixtures, equipment, goods and chattels of Tenant which shall or may he brought or put into the Premises with the exception of those items identified on Exhibit I and any replacements thereof/ Tenant hereby expressly waives and renounces for himself and family any and all homestead and exemption rights he may now or hereafter acquire under or by virtue of the constitution and laws of the State of Florida or of any other state, or of the United States, as against the payment of said rent or any other obligation or damage that may accrue under the terms of this Lease. 39. Trial by Jury. Tenant and Landlord hereby waive any and all right to a jury trial of any issue or controversy arising under this Lease. 40. Displays. The Tenant Illay not display or sell merchandise or allow grocery carts or other similar devices within the control of Tenant to be stored or to remain outside the defined exterior walls and pem1anent doorways of the Premises. Tenant further agrees not to install any exterior lighting, amplifiers or similar devices or use in or about the Premises any advertising medium which may be heard or seen outside the Premises, such as flashing lights, searchlights, loudspeakers, phonographs or radio broadcasts. 41. Covenant of Rent. Tenant agrees that the provisions for payment of Rent herein are independent covenants of Tenant and Tenant shall not interpose any counterclaim or counterclaims in a summary proceeding or in any action based upon non-payment of rent or any other payment required of Tenant hereunder. 42. Indemnity for Toxic Waste. Tenant (and any guarantor) hereby agree not to emit or discharge or cause to be emitted or discharged any toxic or hazardous waste or environmental pollution and to indemnify, defend and hold the Landlord, any Mortgagee as hereinafier defined, and their successors and assigns harmless from and against any cost, claim, damage, expense or liability of any kind whatsoever including, but not limited to, attorney's fees and costs at all tribunal levels arising out of any act or omission of Tenant, its agents or any other person on the Premises under color of authority of Tenant, giving rise to any toxic waste, chemical pollution, or similar environmental hazard regardless of whether any such act or omission is, at the time of occurrence, a violation of any law or regulation. The foregoing indemnity shall survive the tennination or expiration of this Lease, anything else herein to the contrary notwithstanding. 43. Option to Renew: A. In the event that the Tenant is not then in default hereunder, Landlord grants T cnant the option to renew this Lease for an additional tenn of three (3) years under all of the same tenns and conditions of this Lease with the exception of rent. The rent to be charged for the first Option Year (Base Rent) of the renewal (Option) period shall be the rent charged during the sixth (6th) year plus an zi na/caofl colon Ise .doc -10- adjustment pursuant to Paragraph 5.1 hereof. Such Base Rent shall further be adjusted annually pursuant to Paragraph 5.1 hereof, and all other terms and conditions of this Lease shall remain in full force and effect. Tenant shall give Landlord written notice of its intention to exercise this option during the last six months of the last Lease year. If the Tenant fails to furnish such notice within such time, this renewal Option shall terminate and be null-and-void. 44. Tenant Improvements. Tenant agrees to make improvements to the Premises for a minimum of$SO,OOO.OO. 45. lnventorv. All of the property set forth in Exhibit I attached hereto shall remain at the Premises and Tenant shall have the right to use such property in connection with Tenant's operation of its business at the Premises. Tenant agrees to replace such items as required by wear and tear, and all such items (including the replacements) shall remain the property of the Landlord and returned to the Landlord at the termination of this Lease. In the event there are less than eight (8) performances in any given month during the teml of this Lease, the Base Rent for any and all such months shall be reduced to $1,500.00 per month. 46. During the term of this Lease, Tenant shall be the exclusive concessionaire and caterer for the Theater, and agrees to service the patrons of the Theater at all intermissions with appropriate Theater concession services. Landlord further agrees that except as to Tenant, no part of the Building (including outside the Building) shall be leased or used for the sale of food or food products. IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Lease in several counterparts effective as of the day and year first above written, each of which counterpart shall be considered an executed original. In making proof of this Lease it shall not be necessary to produce or account for more than one counterpart. WITNESSES: ~"o~>. ~~:~~q~os~ LANDLORDILESSOR: CONCERT ASSOCIA nON OF FLORIDA, INC. ~ i/';;'':?, ~.. TENANTILESSEE: _~,A -'''- }}~f'ote ~< ({S. zinal caofj colon Ise.doc -11- JOINED BY TilE CITY OF MIAMI BEACH ("OWNER") PURSUANT TO PARAGRAPH 19 (As to own[) fc UC!V-( if' UlCev- Print Name Robert Parcher City Clerk ~~E~~t41 BEACH By: Title Neisen 8sdin, Mayor APPROVED Ni TO FORM & LANGUAGE & FOR EXECUTION 114. If - 6J-~ Date zinalcaof/colon lse.doc -12- In tho Cof~ Ana boblnd tllo oounto.: 1 Sink with Droinor lIltocbod I Larp ~ Liaht Fixture 5 Smoller Hongins Lf&bt Fixturoo In Kltchlll Ana: I OuIrcool Grill I 6b Bumor Goo Stove 2 MetoI Cooler type CabinotB lWoIk-ln 2 Big Hot/Cold oinks I Dilhwuhor (Hobert) ID tile SIr Ana: I SodaI1l_ Cooler 1- 3 Tier SiIlIr Hnt/Cold '''''"n. ~/J. !W!1!!!!..! INVENTORY I. ;'.,', I I I....... ro':. .1...... >. f,..' !~ .:. ,: I ~. . .:, . '.', '." '~,' ,....'.. .. . -.' ~. "...1. ':"i"; ..l., ; ;.~',;' ~ . '::' ~ ~,' . ~; : ,:' ,.,\, "'." / ADDENDU1\'1 TO LEASE Addendum to Commercial Lease Agreement (the "Lease") of even date herewith by and between CONCERT ASSOCIATION OF FLORIDA, INC., as Landlord, and COLONY THEATER CAFE, INC., a Florida corporation. as Tenant. for a portion of [he premises located at 1040 Lincoln Road, Miami Beach, Florida. Notwithstanding any clause in the Lease to the contrary. the' following shall prevail: 1. The Tenant shall pay to the Landlord as security deposit simultaneously with the execution of this Lease the sum of FOUR THOUSAND and NOIlOO ($4,000.00) DOLLARS. to be held by Landlord without interest as a security deposit for the full and faithful perfonnance by Tenant of the tenns and conditions of this Lease. 2. The second paragraph of section 45 of the Lease is hereby amended to read as foiiows: "In the event there are five (5) to seven (7) perfonnances in any given month during the tenn of this Lease, the Base Rent for any and all such months shall be $2,500.00. In the event there are less than five (5) perfonnances in any given month during the tenn of this Lease, the Base Rent for any and all such months shall be $1,500.00." 3. Section 44 of the Lease is hereby amended to read as follows: "Tenant Imorovements. Tenant agrees to make improvements to the Premises for a minimum of $200,000.00, such amount includes the COSt of the liquor license. furniture, tableware, equipment, and all other expenses required for Tenant to open for business." Capitalized tenns used herein and nO! defined or amended herein shall have the meaning ascribed to them in the Lease. If there are any conflicts between the Lease or this Addendum to Lease, this Addendum to Lease shall control. IN WITNESS WHEREOF" Landlord and Tenant have caused this Addendum to Lease to be exe tes set forth below. Y ,\....r"".. {yn!,\. __..-....,..J.......,,&,~. CONCERT ASSOCIA nON OF FLORIDA. INC. By: Name:~~u~u Title;; ",.. -.(,..' . TENANT: ~ ~Cz ~ ~I' c::~ COLONY THEATER a Florida co / ,- ""~""'~~~'.5t.:''f;:...lo' -::.:J~.r' ~)"i' .'. [).....~..!!:1:.. '.! EXHIBIT C RENT AL FEES RIDER TO COLONY THEATRE CONTRACT Licensee: Performance: Contact Name: Address: Phone: Fax: 1. PAYMENT SCHEDULE Theatre Rental & House Fees DUE THEATRE RENTAL $ HOUSE FEES $ TOTAL $ 50.4 non-refundable security deposit $ DUE Balance $ DUE Ticketing Charges 2% of Gross Sales at Colony Box Office Window Deducted from TiCket Master settlement Ticket Printing Cost of $.15 GA or $.20 ReselVed Seating Deducted from Ticket Master settlement (Box Office Sales only) 2% of Gross Sales at Ticket Master Outlets Deducted from Ticket Master settlement 3% of Gross Sales through Ticket Master Phones Deducted from Ticket Master settlement TiCket Master Surcharge of $.10 per tiCket on Box Office Sales Deducted from TiCket Master settlement Printing Cost & Ticket Master Surcharge a/so apply to free events & compliments tickets Insurance Requirement Payment of $275 Daily or Receipt of Certificate of Insurance Labor & Equipment Rental Labor Invoice with Payment to Individual Technicians Equipment Rental Invoice CERTIFICATE or $ DUE Due upon load-out Due upon load-out 2. LICENSEE DESIGNATION () Non-Profit organization designated by Section 501 @ 3 of the Internal Revenue Code Applicant must provide a copy of the IRS determination letter (I Sales tax-exempt organization as designated by the Florida Department of State Applicant must provide a copy of the State of Florida sales tax exemption certificate (I Commercial Organization licensee FederallD#: 3. THEATRE RENTAL RATES & SCHEDULE TOTAL: $ Non-Profit Oraanization Applicant must provide audited copy of Non-Profit Group's Annual Budget for FY 2000-2001. Annual Operating Budget $1,000,000 or more $ 500,000 - 999,999 $ 250,000 - 499,999 $ 100,000 - 249,000 $ less than $100,000 2"" Performance in Same Day Load-In - Rehearsal Period Overtime: After 6 hour day Late Storage Fee Commercial Oraanization Performance Period 2"" Performance on Same Day Load-In or Rehearsal Period Overtime: After 6 hour day Late Storage Fee LOAD-IN DATES: TIME-IN: TIME-OUT: RATE: PERFORMANCE DATES: TIME: RATE: THEATRE RENTAL SUB-TOTAL: SALES TAX @ 6.5%: THEATRE RENTAL TOTAL: $700 for 6-hour performance period $600 for 6 hour performance period $500 for 6 hour performance period $400 for 6 hour performance period $350 for 6 hour performance period $200 for additional performance $250 for 6 hour period $ 50 per hour $150 Daily $800 for 6-hour period, or 10% of Box Office Gross Receipts, whichever is greater $400 for additional performance, or 10% of Box Office receipts, whichever is greater $450 for 6 hour period $100 per hour $150 daily $ $ $ 4. HOUSE FEES TOTAL: $ Front of House Fee, Includes: Box Office Personnel, Ticketing Set-up & Servicing House Manager, Ushers & Ticket Takers Maintenance Crew Front of House Fee, Additional Performance on Same Day Front of House/House Manager Fee for Receptions Merchandising Commission Videotaping for Commercial Use or Broadcast $250 per performance $100 per performance $18.00 per hour with a 2-hour minimum 10% Gross Sales $600 Flat Fee PERFORMANCE DATES: TIME: RATE: HOUSE FEES SUB-TOTAL: SALES TAX@ 6.5%: TOTAL HOUSE FEES: $ $ $ 5. CONCESSIONS & RECEPTION INFORMATION CAF's authorized concessionaire shall have exclusive right to operate the concession facilities at all times and to cater all events held on premises. Please contact the General Manager/Karen Kor1and Caruso for catering information at 305-674-1040. 6. BOX OFFICE INFORMATION The Colony Theatre has an exclusive agreement with Ticket Master for all ticketing for every performance. The Ticket master system produces an audited final settlement of all ticket sales generated at the Colony Box Office, Outlet & Phone Sales, and tickets promoter takes off the system to sell. Licensor and Licensee acknowledge and agree that the Ticket Master settlement provides the most reliable information available regarding ticket revenues and shall be binding and conclusive as to the obligations between Licensee and Licensor. 1. The Colony will program your event on-line, without a Ticket Master set-up fee. 2. The Colony will service your performance fully with our Box Office personnel responsible for advance sales through the Colony Box Office Window and Ticket Master Will Call, Day of Performance Sales and Preparation of Final Settlement. The Colony Theatre Box Office Window does not take phone orders and accepts only cash for all sales, no checks or credit cards. 3. The Colony will permit Licensee to request up to 250 tickets for each performance to sell through their own office at a ticket printing cost of $.15 per ticket for General Admission events, and $.20 per ticket for Reserved Seating Events, in addition to $.10 per ticket charged by Ticket Master. Licensee may retum any unsold portion of this allotment to the Colony Theatre Box Office up to 48 hours prior to performance for sales, but no later than that time. The Colony is not responsible for any monies generated from Licensee's off-site sales. Licensee is responsible for providing any off-site sales figures for inclusion in the final settlement purposes of determining commercial gross receipts against minimum rental payment. The Coiony The;;tre will not duplicate the printing of tickets for any of Licensee's off-site allotment. 4. The Colony will permit Licensee to submit an alphabetized, approved list of complimentary tickets no less than two hours prior to curtain at a ticket printing cost of $.15 General Admission or $.20 Reserved Seating per ticket by the Colony Box Office as well as $.10 per ticket by Ticket Master. 5. The Colony will permit Licensee only one representative in the Box Office at one hour prior to curtain and requests that one representative of Licensee remain in the Box Office to sign off on the performance audit with the Box Office Manager. 6. No ticket monies may be removed from the Colony Box Office prior to final Ticket Master settlement without the express permission of the Colony Theatre General Manager. 7. In al advertising or other promotional materials, which Licensee creates, Licensee must include the full Ticket Master logo as included in the rental packet. Ticketing Set-up information: The Colony Theatre will place all performances on the Ticket Master system for sale no later than two weeks after the receipt of two signed copies of the Rental Agreement and payment of the theatre rental's non-refundable 50% security deposit. Prior to the sale of any admission tickets, Licensee must provide the Colony Theatre with the information to be printed on all tickets. Should Licensee change ticketing information after performances have been approved and built on the Ticket Master system. any adjustments may take at least an additional 48 hours to take effect. Bookkeeping & Final Settlement Information 1 . The Colony Box Office will be responsible for keeping a daily log of ticket sales and will hold all ticket revenues until final settlement. 2. The Licensee shall permit any agent or representative of the Colony Theatre to inspect any and all books and records of the Licensee under this Agreement in order to determine the amount payable by the Licensee to the Colony Theatre under this Agreement. 3. The Colony Theatre shall be entitled to up to six (6) complimentary tickets for each performance to be used at the discretion of the Colony Theatre Management. 4. The Colony Box Office does not refund any ticket purchases except with the written authorization of Licensee. 5. On the first Thursday following the final performance of the program. The Colony Box Office will issue a check payable to Licensee for all ticket revenues minus Ticket Master commissions. Final settlement check may be held until all Colony Labor and Equipment Invoices have been paid in full. 7. INSURANCE REQUIREMENT TOTAL: CERTIFICATE or $ DUE 1. Licensee is required to fumish $1,000,000.00 bodily injury/property damage with coverage obtained either through (1) coverage under the Concert Association of Florida at a cost of $275 per day; or (2) fumishing a Certificate of Insurance covering general liability in the amount of $1 ,000,000.00 naming the Concert Association of Florida and the City of Miami Beach as additional insured. 2. Licensee is required to fumish written proof that adequate Workman's Compensation insurance has been obtained covering all Licensee employees including, but not limited to, stagehands. 8. TECHNICA.L POLICIES A.ND RATES Licensee must complete the attached Technical Questionnaire and retum to the Colony Theatre Production Manager no less than 2 weeks prior to performance in order to process their event. 1. All labor invoices are payable in full before the final performance. If performance period is longer than one week, restitution must be made at the end of each week, before that week's final performance. Final settlement check may be held until all Colony Labor and Equipment Invoices have been paid in full. 2. All labor checks must be payable to the individual technician. Any payments for labor payable to the 'Colony Theatre' are subject to a 20% surcharge for payroll taxes and administrative fees. 3. Licensee is required to use Colony Crew Heads for all events, consisting of a minimum of 1 Sound Technician, 1 Lighting Technician and 1 Stage Technician. Additional labor will be provided by the Colony Theatre as needed and coordinated through the Colony Technical Director at the rates listed below. 4. Crew will get a lunch or dinner break after 5 hours of consecutive work. Crew will be considered off the clock if given 1-hour break. Crew will be considered on the clock if given half an hour break. 5. Double time rates will apply on the following holidays: Christmas Eve and Day, New Year's Eve and Day, Fourth of July, Martin Luther King Day, Thanksgiving, Memorial Day and Labor Day. 6. Anytime a 1Bchnician is requested to work past midnight or before 8:00AM, technician shall be paid time-and-a-half regardless of how many hours they have previously worked. 7. After 10 minutes past the hour it will be considered as a full half an hour time billed. 8. Technicians must be on the clock one hour prior to performance. 9. All equipmef1t and company property must be removed from the facility immediately after the final performance. Any equipment and company property not removed at that time may be discarded or stored at the rate of $150 per day. labor Rates - Non-Profit Oraanization Technician - Performance Period 3 hour ca/l from advertised time of curtain Technician - Load-in or Rehearsal Period 3 technicians & 4-hour minimum on all calls Overtime After 8 hours on a day or after 3 hours of a performance call $45.00 flat fee per man $12.00 per hour per man $18.00 per hour per man Commercial Oraanization Technician - Performance Period 3 hour oall from advertised time of ourtain Technician - Load -in or Rehearsal Period 3 teohnioians & 4-hour minimum on all calls Overtime After 8 hours on a day or after 3 hours of a performance oall $50.00 flat fee per man $15.00 per hour per man $22.50 per hour per man labor Surcharae For Labor Checks payable to "Colony Theatre" 20% Administrative Fee EQuipment Rental Rates Marle Dance Floor Follow spot Piano Rental Piano Tuning Wireless Microphone (each) Storage Fee Items left in theatre or lobby after finalload-{)ut Equipment Sales Tax $ 65.00/day $ 45. OO/day $ 70.00/day Market Rate $ 50.00/day $150.00/day $155.00Iweekly $135.00Iweekly $210.00Iweekly $150.00Iweekly 6.5% Sales Tax 9. ADVERTISING & PLAYBILL INFORMATION 1 . Licensee is solely responsible for supplying his or her own theatre programs for all performances. Any theatre program distributed at the Colony Theatre must include the following billing information: The Colony Theatre is managed by the Concert Association of Florida Judy DruckerIPresident Funding lor the Colony Theatre is provided in part by the Metro-Dade Cultural Affairs Council, The Miami Beach Visitor & Convention Authority, and the City of Miami Beach. Karen KorlandCaruso/General Manager Eric FlisslProduction Manager John Schneider/Assistant Technical Director Jay Jensen/House Manager Scott EmstJHouse Manager 2. At their discretion, the Colony may advertise in The Miami Herald, New Times or other publications with a strip advertisement of coming allractions. Licensee is encouraged to submit program and ticket pricing information to the Colony for inclusion in these advertisements, but the Colony accepts no responsibility for the accuracy of Licensee's information or frequency of advertisements placed in any publications. Licensee agrees to the terms and conditions of this RIDER TO COLONY THEATRE CONTRACT as part of the RENTAL AGREEMENT. LICENSOR: CONCERT ASSOCIATION OF FLORIDA: LICENSEE: CITY OF MIAMI BEACH Planning Department Interoffice Memorandum m To: Christina Cuervo Assistant City Manager Date: July 11, 2001 From: Thomas R. Mooney, AICP Design and Preservation Manag Subject: Analysis of the City Owned Property at the Colony Theatre for Lease to the Concert Association of Florida. Pursuant to your request, this memorandum will serve as an analysis of the Lease Agreement between the City of Miami Beach and the Concert Association of Florida, Inc., for the management and operation of the Colony Theatre, located at 1040 Lincoln Road. Such Lease Agreement will be for a three (3) year term commencing on August 1, 2001 and ending on July 31,2004. Section 82-38 of the Code of the City of Miami Beach requires that any proposed sale or lease of city-owned land be analyzed from a planning perspective so that the City Commission and the public are fully apprised of all conditions relating to the proposed sale or lease. The following is an analysis of the eight criteria delineated in Section 82-38 of the Code: 1. Whether or not the proposed use is in keeping with City goals and objectives and conforms to the City Comprehensive Plan. The subject property, the Colony Theatre, is characterized as a Cultural Institution, serving the needs of the entire community and contains several public facilities. The Future Land Use Map of the City's Comprehensive Plan designates the site as GU, Municipal Use. The Lease Agreement between the City and the Concert Association for the management and operation of the Colony Theatre would be consistent with the land use designation contained in the Comprehensive Plan. 2. The impact on adjacent property, including the potential positive or negative impacts such as diminution of open space, increased traffic, noise level or enhanced property values, improved development patterns and provision of necessary services. Based on the proposed use of the property, the City shall determine the potential impact of the project on City utilities and other infrastructure needs and the magnitude of costs associated with needed infrastructure improvements. Should it become apparent that further evaluation of traffic impact is needed, the proponent shall be responsible for obtaining a traffic impact analysis from a reputable traffic engineer. Page 2 Date: July 11, 2001 Analysis of Colony Theatre Property The site currently contains a Cultural Institution and the Lease Agreement between the City and the Concert Association for the management and operation of the Colony Theatre is not expected to have any negative impact on the surrounding area. 3. A determination as to whether or not the proposed use is in keeping with a public purpose and community needs, such as expanding the City's revenue base, reducing City costs, creating jobs, creating a significant revenue stream and improving the community's overall quality of life. The Lease Agreement between the City and the Concert Association for the management and operation of the Colony Theatre is in keeping with the community needs to provide adequate cultural amenities for the surrounding area, thereby improving the community's overall quality of life. 4. Determination as to whether or not the development is in keeping with the surrounding neighborhood, will block views, or create other environmental intrusions, and evaluation of the design and aesthetic considerations of the project. The City's Historic Preservation Board has approved the new construction associated with the proposed expansion of the Colony Theatre. 5. The impact on adjacent properties, whether or not there is adequate parking, street, and infrastructure needs. There should be no negative impact on adjacent properties. While parking is a problem throughout the City, the proposed lease should not significantly increase the need for parking, since the facility is currently in operation and there is no proposed increase in seats, no further infrastructure needs are anticipated. 6. A determination as to whether or not alternatives are available for the proposed disposition, including assembly of adjacent properties, and whether the project could be accomplished under a private-ownership assembly. There are very few alternative locations with the appropriate zoning/land use classification to accommodate the proposed expansion of the existing Cultural Institution in the neighboring area. Assembly of adjacent properties is not feasible. 7. Within the constraints of public objectives, the department should examine financial issues such as job generation, providing housing opportunities, and the return to the City for its disposition of property. Page 3 Date: July 11, 2001 Analysis of Colony Theatre Property The proposed lease agreement provides for maintenance assistance by the Concert Association, thereby reducing costs to the City. No housing opportunities will be created. 8. Such other items as the Planning Department may deem appropriate in analysis of the proposed disposition. Planning Staff has not identified any further items. TRM:tm F:IPLANI$ALL IGEN _ CORRIINTEROFFlcolony-shapiro.doc