2013-28422 Reso RESOLUTION NO. 2013®28422
A RESOLUTION OF THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,
APPROVING AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A PARKING LEASE AGREEMENT
WITH THE NATIONAL MARINE MANUFACTURERS
ASSOCIATION (NMMA) BOAT SHOW FOR THE
PREFERRED PARKING LOT AND OTHER CITY
PROPERTY ADJACENT TO THE BOAT SHOW
EXHIBITION SPACE/PREMISES; SAID LEASE FOR THE
BOAT SHOW DATES IN FEBRUARY 2014, 2015, AND
2016, RESPECTIVELY, AND RUNNING CONCURRENTLY
WITH THE BOAT SHOW LEASE AGREEMENT FOR USE
OF THE MIAMI BEACH CONVENTION CENTER.
WHEREAS, the National Marine Manufacturers Association (NMMA) Boat Show
has entered into a Lease Agreement with the City for use of space in the Miami Beach
Convention Center (MBCC) for specific dates in February 2014, 2015, and 2016, for the
Miami International Boat Show (Boat Show); and
WHEREAS, the Boat Show, through a separate lease with the City, has also the
Preferred Parking Lot, located at 1800 Convention Center Drive, to extend its exhibit
space from the interior of the MBCC; Municipal Surface Parking Lot No. P33 (at 19th
Street and Meridian), for exhibitor storage; metered parking spaces on the east side of
Meridian Avenue (between 18th and 19 h Streets) as a shuttle drop-off and/or pick-up
ramp; and metered spaces (on south side of 18th Street, east of Convention Center
Drive) for additional storage (collectively, hereinafter referred as the Premises); and
WHEREAS, the Boat Show has leased the Premises for the past twenty (20)
years; and
WHEREAS, the Administration has negotiated the attached new Parking Lease
Agreement with NMMA, for the Boat Show dates in February 2014. 2015, and 2016,
respectively; and
WHEREAS, said Agreement is to run concurrently with the Boat Show Lease
Agreement for use of the Miami Beach Convention Center; and
WHEREAS, the attached Lease Agreement increases the net return to the City
(over the previous lease agreement); and
WHEREAS, the attached Lease Agreement includes a notice provision regarding
capital improvements to the premises, including improvements to the Miami Beach
Convention Center.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City Commission,
hereby approve and authorize the Mayor and City Clerk to execute the attached
Parking Lease Agreement with the National Marine Manufacturers Association (NMMA)
Boat Show for the Preferred Parking Lot, and other City property adjacent to the Boat
Show exhibition space/premises; said Lease for the Boat Show dates in February 2014,
2015, and 2016, respectively, and running concurrently with the Boat Show Lease
Agreement for use of the Miami Beach Convention Center.
PASSED AND ADOPTED this day of , 2013
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APPROVED AS TO
FORM & LANGUAGE
&,FOR EXECUTION
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COMMISSION ITEM SUMMARY
-Condensed Title:
A- Resolution approving a parking agreement lease with the NMMA (National Marine
Manufactures' Association) Boat Show for the Preferred Parking Lot and Related Space;
Additional Storage Space; and Services to be provided by the City's Parking Department, for
specific dates in February 2014, 2015, and 2016, said lease running concurrently with the Boat
Sh-bw lease with the Miami Beach Convention Center.
Key Intended Outcome Supported:
Improve Parking Availability; Maintain Financial Health and Overall Bond Rating.
Supporting Data (Surveys, Environmental Scan, etc.): 74% of residents and 72% of
businesses rate the availability of parking across the City as too little or much too little.
Availability of parking was one of the changes residents identified to Make Miami Beach better
to live, work or play.
Item Summa /Recommendation:
The City has maintained a lease with NMMA(National Marine Manufacturers Association)for the
NMMA Miami International Boat Show, for the rental of the Preferred Parking Lot and related
public areas as extended exhibit space since 1993. The lease expired after the 2013 Boat Show.
It is desirous that the Parking Lease Agreement be extended and that it run concurrent with the
NMMA lease with the Miami Beach Convention Center for the same term. A new three year
agreement (2014 -2016) has been negotiated (see attached). The changes are an increase in
the rental rate and a minor reduction in parking space rentals. All other terms remain consistent
with the previous agreements, including a notice provision for capital improvements to the
premises,for the Miami Beach Convention Center Project. Rent is being increased by CPI or 4%
whichever is greater over each of the three years. Rents will be, at a minimum, $125,726 in 2014;
$130,755 in 2015; and $135,985 in 2016.
Over the years, NMMA has had excellent results, by way of high ridership, on their shuttle
services for their multiple venues. NMMA fully funds their own shuttles which services the Miami
Beach Convention Center and other NMMA Boat Show venues on the mainland. NMMA will
continue to provide its full'shuttle services on all show dates and to all of its show locations.
Miami-Dade Transit/South Beach Local (MDT/SBL)will continue to operate and support park and
ride options from municipal lots and garages along the circulator's route.
ADOPT THE RESOLUTION
Advisory Board Recommendation:
N/A
Financial Information:
Source of Amount Account Approved
Funds:
OBPI Total
Financial Impact Summary:
City Clerk's Office Legislative Tracking:
Saul Frances, Parking Director
Sign-Offs:
DepartmepO irector Assistan nager City M er
SF PDW JLM
TAAGENDA\2013\Dec1 1\NM 13.sum.doc
AAIAMIBEACH AGEN AGENDA EIIA G 7
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MIAMI BEACH
City®$Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov
CO ISSION MEMORANDUM
TO: Mayor Philip Levine and Members of he City Co mission
FROM: Jimmy L. Morales, City Manager
DATE: December 11, 2013
SUBJECT: A RESOLUTION ,OF THE MA OR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, APPROVING A PARKING AGREEMENT LEASE WITH
THE NMMA (NATIONAL MARINE MANUFACTURERS' ASSOCIATION) BOAT
SHOW FOR THE PREFERRED PARKING LOT AND RELATED SPACE;
ADDITIONAL STORAGE SPACE; AND SERVICES TO BE
PROVIDED BY THE CITY'S PARKING DEPARTMENT, FOR SPECIFIC DATES
IN FEBRUARY 2014; 2015; AND 2016, SAID LEASE RUNNING
CONCURRENTLY WITH THE BOAT SHOW LEASE WITH MIAMI BEACH
CONVENTION CENTER.
ADMINISTRATION RECOMMENDATION:
Adopt the Resolution.
BACKGROUND:
On April 16, 1993, the City of Miami Beach entered into a Lease Agreement with NMMA
(National Marine Manufacturers Association)for specific days in February 1994, 1995, 1996,
1997 and 1998 for the NMMA Miami International Boat Show, for the rental of the Preferred
Parking Lot and related public areas as extended exhibit space.The Mayor and Commission
approved a three (3)year agreement in 1998 for specific days in February 1999, 2000, and
2001. Subsequently, the Mayor and Commission approved a three (3) year agreement in
2001 for specific days in February 2002, 2003, and 2004. Again in 2004, the Mayor and
Commission approved a four year agreement for specific dates in February in 2005, 2006,
2007, and 2008. The Mayor and Commission approved agreements for two subsequent
terms, one for specific dates in February 2009 and 2010; and one for specific dates in
February 2011, 2012, and 2013. It is desirous that the Parking Lease Agreement run
concurrent with the NMMA lease of the Miami Beach Convention Center.
ANALYSIS:
The NMMA desires to continue the rental of the Preferred Parking Lot for exhibit space and
other areas for ancillary uses. NMMA has secured the Miami Beach Convention Center
(MBCC)for specific dates in February in 2014, 2015, and 2016. A three year parking lease
agreement would expire concurrently with the MBCC lease agreement and would allow for
concurrent renewals, if approved. Additionally, a three year term is not expected to impact
the development track of the MBCC Development Project in years 2014 and 2015. There will
NMMA Boat Show Preferred Parking Lot Agreement
December 11,2013
Page 2 of 3
likely be an impact in 2016. Therefore, the Agreement includes language providing for a six
(6) months notice to NMMA prior to any construction/capital improvements to the Preferred
Parking Lot and/or its vicinity.
The attached lease embodies the proposed Lease Agreement for the parking lot and related
areas. The following are the previous and revised terms as negotiated with NMMA and
outlined in the attached agreement. All other terms remain consistent unless otherwise
noted:
Rental Fees:
The rental rate for the Premises shall be $125,726 in 2014; $130,755 in 2015; and $135,985
in 2016, including applicable sales tax, per year. Additionally, Lessee agrees to be solely
responsible during the term herein for the payments of any and all taxes and/or
assessments, particularly real estate taxes, which may be levied against the Premises as a
result of Lessee's actions and operations thereon. Rental rate shall be adjusted annually
based on the annual Consumer Price Index (CPI), or 4%, whichever is higher and/or any
parking rates contained herein as may be amended from time to time by ordinance by the
Mayor and Commission shall be applicable to the parking space rental rates contained
herein. The following is an itemized listing of the rental fees per year:
a) Preferred Parking Lot 886 pang spaces):
886 parking spaces X $22.50 in 2010 ($15.00 X 1.50 parking space
turnover ratio) X five (5) days: $ 99,675
b) Municipal Surface Parking Lot No. 5H (26 parking spaces):
26 parking spaces X $10.00 (parking meter daily rental fee) X 28
days: $ 7,280
C) Metered Parking Spaces 0 8 parking spaces):
18 on-street parking spaces X $10.00 (parking meter daily rental
fee) X 9 days (to be reduced from 9 to 5/$900): $ 11620
d) Additional Storage Area (18 parking spaces):
18 parking spaces X $10.00 (parking meter daily rental fee) X 16 days:
$ 2,880
Sub-total: $111,455
CPI or 3% Adjustment: $ 3,344
2011 Grand Total: $1141799
CPI or 3% Adjustment: $ 3,444
2012 Grand Total: $118,243
CPI or 3% Adjustment: $ 3,547
2013 Grand Total: $1211790
Credit (Space rental reduction from 9 to 5 (see 5c) ($ 900)
Sub-total: $1201890
CPI or 4% Adjustment: $ 4,836
2014 Grand Total: $125,726
NMMA Boat Show Preferred Parking Lot Agreement
December 11,2013
Page 3 of 3
NMMA Boat Show Shuttle Service
Over the years, NMMA has had excellent results, by way of high ridership, on their shuttle
system which services their venues. NMMA fully funds their own shuttle system which
services the Miami Beach Convention Center and other NMMA Boat Show venues on the
mainland. NMMA will continue to provide its full shuttle services on all show dates and to all
of its show locations. Miami-Dade Transit /South Beach Local (MDT/SBL) will continue to
operate and support park and ride options from municipal lots and garages along the
circulator's route.
CONCLUSION:
The Lease Agreement proposed for the 2014, 2015, and 2016 Boat Shows commands a
rental rate for all parking related areas and services in the amount of $125,726 in 2014;
$130,755 in 2015; and $135,985 in 2016. This is based on a minimum annual increase of
4%, which is based on CPI or 4%, whichever is greater. In addition, any amendment to the
City's parking rate ordinance that is applicable to the parking rates contained herein shall
amend this agreement accordingly. The proposed lease represents a consensus document,
and is in the best interest of the City of Miami Beach. The Administration recommends
approval of the Resolution and the Lease Agreement.
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