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2009-27280 ResoItem C7BB RESOLUTION NO: 2009-27280 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE BUSINESS TERMS OF A SHORT-TERM LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH, AS TENANT, AND MERIDIAN CENTER, LLC, AS LANDLORD, FOR THE PROPERTY COMPRISING APPROXIMATELY 8,300 SQUARE FEET LOCATED AT 1680 MERIDIAN AVENUE, MIAMI BEACH, FLORIDA, TO BE USED BY THE CITY FOR ADMINISTRATIVE OFFICES FOR THE CITY'S FIRE DEPARTMENT, FOR A TERM NOT TO EXCEED EIGHT (8) MONTHS, COMMENCING ON FEBRUARY 1, 2010, AND ENDING ON OR BEFORE SEPTEMBER 30, 2010; AND FURTHER AUTHORIZING THE ADMINISTRATION AND CITY ATTORNEY'S OFFICE TO FINALIZE THE LEASE AND AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE FINAL LEASE AGREEMENT WHEREAS, the Fire Department's administration and prevention offices have occupied approximately 8,300 square feet of space at 1680 Meridian Avenue, via a Lease Agreement, dated January 2, 2007, by and between Meridian Center; LLC, as Landlord, and the City, as Tenant, approved by Resolution No. 2006-26344; and WHEREAS, the existing lease was approved in order to vacate the historic fire station building which housed fire Administration and fire prevention for renovations: and WHEREAS, the existing lease is scheduled to terminate on January 31, 2010, and will not be extended due to an existing holdover clause which requires that, after the termination of the lease, the Tenant shall pay the Landlord rent at two times the rate payable; and WHEREAS, due to economic conditions and the resulting availability of more favorable terms, the Landlord has been put on notice that the City will not extend the existing lease; and WHEREAS, the Fire Department will be relocated to the City-owned building, located at 1701 Meridian Avenue, until the permanent fire station building has been completed (which is not projected to be completed for at least another two years); and WHEREAS, the space in 1701 Meridian Avenue requires modifications and improvements which will not be completed until approximately May 31, 2010; and WHEREAS, in the interim, the Administration is negotiating an extended occupancy of the Fire Department at the existing space at 1680 Meridian Avenue under a new short-term lease; the City's proposed terms for the new lease are attached as Exhibit "A" hereto; and WHEREAS, the proposed short-term lease will commence on February 1, 2010, and will be written in a form acceptable to the City Attorney upon Landlord's acceptance of the proposed terms; and WHEREAS, the City's proposal is to modify the rent payments from the existing $31/sf plus operating expenses, to the more comparable market rent of $25/sf gross; and WHEREAS, if the proposed terms are not accepted by the Landlord of 1680 Meridian Avenue, then the Administration seeks authority herein to negotiate and execute a new lease (to govern the continued use of 8,300 square feet of space by the fire Administration and prevention office at 1680 Meridian Avenue) for an amount not to exceed the current payments of $23,906.17 per month. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby approve the business terms of a short-term lease agreement between the city of miami beach, as tenant, and Meridian Center, LLC, as landlord, for the property comprising approximately 8,300 square feet located at 1680 Meridian avenue, Miami Beach, Florida, to be used by the City for administrative offices for the City's fire department, for a term not to exceed eight (8) months, commencing on February 1, 2010, and ending on or before September 30, 2010; and further authorizing the Administration and City Attorney's office to finalize the lease and authorizing the City Manager and City Clerk to execute the final lease agreement. PASSED and ADOPTED this 9th day ofDeHEBEMBER , 2009 ATTEST: fi P~~.., MA OR CITY CLERK JMG/HMF/AP T:\AGENDA\2009\December 9\Consent\Fire Dept New Lease RES.doc APPROVED AS TO FORM & LANGUAGE & FO~rQXECUTION !Z Y OR COMMISSION ITEM SUMMARY Condensed Title: ' Resolution approving a short term lease agreement between the City and Meridian Center, LLC., for the Fire Department's extended occupancy at 1680 Meridian Avenue during the renovation of the City-owned space at 1701 Meridian Avenue. Ke Intended Outcome Su orted: Ensure well-maintained facilities. Supporting Data (Surveys, Environmental Scan, etc.): N/A Approximately 40% of retail businesses surveyed, rank Miami Beach as one of the best places to do business and 61 % of the same group would recommend Miami Beach as a place to do business. Issue: Should the City of Miami Beach enter into ashort-term lease agreement with Meridian Center, LLC? item Summa /Kecommendation: The Fire Department's Administration and Prevention offices have occupied approximately 8,300 square feet of space at 1680 Meridian Avenue, via a Lease Agreement effective January 2, 2007, by and between Meridian Center, LLC, as Landlord, and the City, as Tenant. The existing Lease was approved by the City Commission in 2006 in order to vacate the historic fire station building which housed Fire Administration and Fire Prevention, while the building underwent extensive renovation. At that time, there was no vacant City-owned property available and comparable market rent was approved to be paid in order to house the Fire Department's Administration and Prevention offices in a privately owned building. The renovation of the historic fire station building has not been completed. The existing Lease at 1680 Meridian Avenue is scheduled to terminate on January 31, 2010, and does not have any renewal provisions; an existing holdover clause would require that after the termination of the Lease, the Tenant would pay the Landlord rent at two times the rate payable if they remain in the space. Furthermore, due to economic conditions and the resulting availability of more favorable terms, the Landlord has been put on notice that the City would not be interested in a new lease with the current term. The Fire Department will be relocated to the City-owned building located at 1701 Meridian Avenue until the permanent fire station building has been completely renovated. However, the existing space in 1701 Meridian Avenue requires modifications and improvements, which are not expected to be completed until approximately May 31, 2010. Therefore, staff has discussed options with the existing landlord and has communicated the City's interest in retaining the existing 8,300 sf of space at 1680 Meridian Avenue under new and more favorable terms on a short-term basis. As of December 3, 2009, the City's proposal was to modify the rent payments from the existing $31/sf plus operating expenses, to the more comparable market rent of $25/sf gross. If accepted, this represents a savings to the City of $6,614.50 per month for a minimum of four months, effective February 1, 2010, through May 31, 2010. If approved and if necessary, the proposed terms may be extended monthly for an additional four months, through September 30, 2010. If terms are approved, a definitive Short-Term Lease Agreement will be prepared in a form acceptable to the City Attorney for the continued use of the 8,300 square feet of space by the Fire Department's Administration and Prevention office at 1680 Meridian Avenue. The funding for the lease term has been appropriated in the FY 2009/10 budget. ', As such, no additional funding is required; in fact, potential savings may be realized should the proposed terms be accepted. While we believe that the Landlord is receptive to the new terms in no event would the City agree to terms ~~, less favorable than those in the current lease. The Administration recommends that the Mayor and City Commission adopt the Resolution. Aavisory t~oara Kecommenaation: Financial Information: Source of Funds: Cit Clerk's Of~ide~L Anna Parekh, REHCD Si n-Offs: ~~ Amount ~ Account T Approved 1 $191,250 011.1210.000323 Department Director Assistant City Manager C Manager AP HF JMG ~ .wvcrvuracuva\uec:ernoer yR.on56ni\rlfB vepi N2W LeBSe SUM hINAL.tlOC ~~~~ ~~ ~ ~~G AGENDA ITEM ~ ~~ DATE I Z-~J-O l m MIAMIBEACH City of Micmi Beach, 1700 Convention Center Drive, Miomi Beach, Florida 33139, vrww.miomibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROM: Jorge M. Gonzalez, City Manager DATE: December 9, 2009 SUBJECT: A RESOLUTION OF THE MAYOR A CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING ASHORT-TERM LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH, AS TENANT, AND MERIDIAN CENTER, LLC, AS LANDLORD, FOR THE PROPERTY COMPRISING APPROXIMATELY 8,300 SQUARE FEET LOCATED AT 1680 MERIDIAN AVENUE, MIAMI BEACH, FLORIDA, TO BE USED BY THE CITY FOR ADMINISTRATIVE OFFICES FOR THE CITY'S FIRE DEPARTMENT, FOR A TERM NOT TO EXCEED EIGHT (8) MONTHS, COMMENCING ON FEBRUARY 1, 2010, AND ENDING ON OR BEFORE SEPTEMBER 30, 2010; AND FURTHER AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE SHORT- TERM LEASE AGREEMENT ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS The Fire Department's Administration and Prevention offices have occupied approximately 8,300 square feet of space at 1680 Meridian Avenue, via a Lease Agreement effective January 2, 2007, by and between Meridian Center, LLC, as Landlord, and the City, as Tenant. The existing Lease was approved by the City Commission in 2006 in order to vacate the historic fire station building which housed Fire Administration and Fire Prevention. At that time, there was no vacant City-owned property available and comparable market rent was approved to be paid in order to house the Fire Department's Administration and Prevention offices in a privately owned building. The renovation of the historic fire station building has not been completed. The existing Lease at 1680 Meridian Avenue is scheduled to terminate on January 31, 2010, and does not have any renewal provisions; an existing holdover clause would require that after the termination of the Lease, the Tenant would pay the Landlord rent at two times the rate payable if they remain in the space. Furthermore, due to economic conditions and the resulting availability of more favorable terms, the Landlord has been put on notice that the City would not be interested in a new lease with the current term. The Fire Department's Administration and Prevention offices will be relocated to the City- owned buifdinglocated at 1701 Meridian Avenue until the permanentfire station building has been completely renovated, which is not projected to be completed for at least another two Commission Memorandum -Fire Department New Lease December 9, 2009 Page 2 of 2 years. While the Fire Department's Administration and Prevention offices will be accommodated in the City-owned building, the existing space in 1701 Meridian Avenue requires modifications and improvements, which are projected to commence within sixty days, which are not expected to be completed until approximately May 31, 2010. Therefore, staff has discussed options with the existing landlord and has communicated the City's interest in retaining the existing 8,300 sf of space at 1680 Meridian Avenue under new and more favorable terms on a short-term basis. The proposed short-term lease will commence February 1, 2010, and will be written in a form acceptable to the City Attorney upon Landlord's acceptance of the proposed terms. As of December 3, 2009, the City's proposal was to modify the rent payments from the existing $31/sf plus operating expenses, to the more comparable market rent of $25/sf gross. If accepted, this represents a savings to the City of $6,614.50 per month for a minimum of four months, effective February 1, 2010, through May 31, 2010. If approved and if necessary, the proposed terms may be extended monthly for an additional four months, through September 30, 2010. If terms are approved, the Short-Term Lease Agreement will govern the continued use of the 8,300 square feet of space by the Fire Department's Administration and Prevention offices at 1680 Meridian Avenue. The funding for the lease term has been appropriated in the FY 2009/10 budget. As such, no additional funding is required; in fact, potential savings maybe realized should the proposed terms be accepted. While we believe that the Landlord is receptive to the new terms, in no event, would the City agree to terms less favorable than those in the current lease. CONCLUSION The Administration recommends that the Mayor and City Commission adopt the Resolution approving aShort-Term Lease Agreement between the City and Meridian Center LLC, for approximately 8,300 square feet of space located at 1680 Meridian Avenue for market rent, at an amount not to exceed the current payments of $23,906.17 per month. JMG/HF/AP T:\AGENDA\2009\Dec 09\consent\Fire Dept New Lease MEM.doc EXHIBIT A ® MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachH.gov Jorge M. Gonzalez, Ciy Manager Tel: 305-673-7010, Fax: 305-673-7782 December 3, 2009 WSG Development Company Attn: Mark Burgin 400 Arthur Godfrey Road Suite 200 Miami Beach, FL 33140 Re: Proposed Terms for Short-Term Lease Agreement by and between MERIDIAN CENTER, LLC, a Florida limited liability company, and CITY OF MIAMI BEACH, a Florida municipal corporation Premises: The Meridian Center, Units 202, 203 and 204 Located at 1680 Meridian Avenue, Miami Beach Dear Mr. Burgin: This letter serves to confirm the telephone conversation between David Oremland, Project Manager at WSG, and Anna Parekh, the City's Director of Real Estate, Housing 8~ Community Development, during which the City's interest in continuing to occupy the referenced space under new terms was expressed. As has been discussed, the existing lease for use of the referenced space by the Fire Department in the subject space expires on January 31, 2010. The City has notified your office that it will not continue to occupy space under the terms of the existing lease beyond its expiration date. However, because the Fire Department is expected to relocate to the City-owned building at 1701 Meridian Avenue, and that space is not yet available, it is feasible for the Fire Department to remain in the existing location at 1680 Meridian Avenue until the improvements to the new location are complete, currently projected to occur by May 31, 2010. Therefore, we propose the following terms for aShort-Term Lease Agreement: LANDLORD: Meridian Center, LLC TENANT: City of Miami Beach LOCATION; The Meridian Center, Units 202, 203, and 204 1680 Meridian Center Miami Beach, FL 33139 PREMISES: Approximately 8,300 sf. i TERM: ~ Four (4) months with up to four (4) monthly extensions, for a maximum term of eight (8) months COMMENCEMENT DATE: February 1, 2010 RENT: $17,291.67 per month. This is the equivalent of $25.00 per square foot gross payable in equal monthly installments. USE: Premises will be used as general office space. December 3, 2009 WSG Management Company Page 2 of 2 MAINTENANCE: TAXES: INSURANCE: ELECTRICAL COSTS: Landlord shall maintain common areas, roof and structural integrity of the premises. Tenant shall keep the leased premises in good condition and repair in all other respects. Landlord shall be responsible. Landlord shall be responsible. Landlord shall be responsible. This draft proposal will be presented to the City Commission for its consideration and approval at the December 9, 2009, City Commission meeting. If the Landlord and the City Commission are in agreement with the proposed terms outlined in this letter, Tenant will prepare a definitive Short-Term Lease Agreement containing the understandings as set forth above and other such terms and conditions as may be requested by one or both of the parties. Only if both parties sign such definitive Short-Term Lease Agreement shall there exist any binding contract or obligations between the parties. Sincerely, Jorge M. Gonzalez City Manager JMG/HF T/December 9, 2009/Consent: Fire Dept New Lease Terms.doc Copy Sent Via Electronic Mail to: dorelmandna.wsadevelooment.net Copies to: Raul Aguila, Deputy City Attorney Hilda Fernandez, Assistant City Manager Anna Parekh, Director, Office of Real Estate, Housing & Community Development Eric Yuhr, Fire Chief We are committed to providing excellent public service and sale-y to all who live, ewrk, and ploy in our vibrant, tropical, historic communiy. .2oo9- aTato FIRST AMENDMENT TO LEASE AGREEMENT This First Amendment to Lease Agreement is entered as of this day of January, 2010, by and between MERIDIAN CENTER, LLC, a Florida limited liability company (the "Landlord") and the CITY OF MIAMI BEACH, FLORIDA a Florida municipal corporation (the "Tenant") WITNESSETH: WHEREAS Landlord and Tenant entered into that certain Lease Agreement dated January 2, 2007 (the "Lease") pursuant to which Landlord leased to Tenant and Tenant leased from Landlord that certain premises known as Units 202, 203, and 204 located at 1680 Meridian Avenue, Miami Beach, Florida 33139 (the "Premises") and WHEREAS, the term of the Lease expires by its terms on January 31, 2010 and the Landlord and Tenant wish to extend the term pursuant to the terms and conditions set forth herein NOW THEREFORE, in consideration of the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows. 1 Recitals. The above recitals are true and correct and are incorporated herein as if set forth in full 2 Status of Lease. Landlord and Tenant acknowledge that as of the date hereof, the Lease is in good standing with, to their knowledge, no existing defaults thereunder 3 Extension of Term. The term of the Lease shall be extended an additional six (6) months commencing on February 1, 2010 and continuing through and including July 31, 2010 (the "Extension Term") Thereafter, the term of the Lease shall continue on a month-to-month basis not to exceed two (2) months (the "Month-Tn- nn Term") During the Month -To -Month Term, the Lease may be terminated by either party upon the delivery of thirty (30) days' written notice to the other party 4 Rent. On the first day of each month during the Extension Term and the Month -To -Month Term, Tenant shall pay to Landlord monthly fixed payments of rent and other items in the amounts set forth in Exhibit "A" attached hereto and made a part hereof. Landlord and Tenant acknowledge and agree that the amounts set forth in Exhibit "A" as "Base Rent" are "gross" rent payments Accordingly, Tenant shall have no obligation during the Extension Term and the Month -To -Month Term to pay to Landlord any proportionate share of Operating Expenses pursuant to Section 3 2 of the Lease 1 5 Premises. Tenant accepts the Premises in its as -is existing condition for the Extension Term and the Month -To -Month Term and agrees that Landlord shall have obligation to make any repairs or renovations to the Premises in connection therewith. 6 Holdover. Section 35 1 is hereby deleted in its entirety 7 Lease Ratified and Reaffirmed. Except as modified hereby, the terms of the Lease are ratified and reaffirmed by the parties hereto and remain unchanged and in full force and effect for the Extension Term and the Month -To -Month Term IN WITNESS WHEREOF, this First Amendment to Lease Agreement is entered into as of the date first appearing above Witnesses Print Name Print Name - Robert Parcher, City Clerk LANDLORD. MERIDIAN CENTER, LLC, a Florida limited liability company By WSG Lincoln, LLC, a Florida limited liability company, its Manager By: Name Title TENANT CITY OF MIAMI BEACH, FLORIDA, a Florida municipal corporation 2 By La II�:I,Sit Deede Weithorn Vice -Mayor APPROVED AS TO FORM & LANGUAGE a FOR EXECUTION Attornet I\ K., Date Extension Term Month -to -Month Term Exhibit "A" City of Miami Beach Rent Schedule 8 300 Sa Ft Rent (PSF) Monthly Rent 1 Dates 1 2/1/20181 7/31/201 326 00 8111201 I 09/30/20101 327 oci F IRHCDISALLfECVN\SALLWSSE111680 Meridian Fire Dept\Fire Dept Lease Amendment.FlNAL revdoc 3 517.983 331 318.675.001