Letter to Steve Boucher re Amended & Restated Beachfront Concession Agmt aoo /- 2 v6
al MIAMIBEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miomibeachll.go
OFFICE OF THE CITY MANAGER
Tel: 305.673.7010
November 7, 2011
Steve Boucher
Perry Boucher
Boucher Brothers Miami Beach LLC
420 Lincoln Road, Suite 265
Miami Beach , Florida 33139
Re: Amended and Restated Boucher Brothers Miami Beach LLC Beachfront
Concession Agreement
:Dear Steve and Perry:
• This letter shall serve to memorialize our discussion last week regarding the
concession payment due under the above referenced Agreement, pending the
review and consideration by the City Commission of a new concession agreement
with Boucher Brothers Miami Beach, LLC., as further noted in my email to you dated
11/3/11. As you are aware, the next scheduled City Commission meeting is not until
December 14, 2011. In consid.eration of the parties' agreement to continue the terms
of the Agreement in full force and effect, on a month to month basis, and in order to
maintain these services in our public beaches, the City accepted the payment of fifty
p.ercent (50 %) of the Year 10 Minimum Guarantee amount under the current
Agreement (with no escalator added) by close of business November 4, 2011. In all
other respects, the Agreement remains in full force and effect until the approval of a
new concession agreement.
Should we not be able to place the item on the December 14, 2011 agenda for
approval, or should approval not be given at that meeting, we would require the
balance of the payment (remaining 50 %) by no later than close of business
December 15, 2011. Any further adjustments would also be made (e.g. escalator).
Please feel free to call me should you have any questions:
Wa est egards,
Hil a M Fernandez
Asst. City Manager
F: \Cmgr\$ALL Hfemandez\Real Est, Hsng & Comm Dev\Asset Management \Concessions \Letter To Boucher 11
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