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MBCC Parking Lease Agreement for The Boat Show MIAMI BEACH CONVENTION CENTER AREA PARKING LEASE AGREEMENT FOR THE NATIONAL MARINE MANUFACTURERS ASSOCIATION BOAT SHOW This Lease Agreement made this day of 201 , by and between the CITY OF MIAMI BEACH, a Florida Municipal Corporation (City or Lessor), whose address is 1700 Convention Center Drive, Miami Beach, Florida 33139, and NATIONAL MARINE MANUFACTURERS ASSOCIATION (Lessee), whose address is 9050 Pines Boulevard, Suite 305, Pembroke Pines, Florida 33024. WITNESSETH: WHEREAS, the Lessee intends to enter into an Agreement with the City of Miami Beach, for the lease space (Main Lease) in the Miami Beach Convention Center (MBCC), from January 29, 2014 through February 26, 2014; January 28, 2015 through February 25, 2015, and January 27, 2016 through February 24, 2016, for the Miami International Boat Show (Main Lease), subject to the right o f cancellation by Lessor at any time after completion of the 2016 Boat Show; and WHEREAS, Lessee wishes to lease the Preferred Parking Lot, located between Convention Center Drive and Meridian Avenue, and 18th and 19th Streets, for the purpose of exhibitor space, as well as other City property adjacent to the Boat Show and the Main Lease, for other related uses, as set forth herein; and WHEREAS, it is the intent of both parties that this Lease Agreement shall serve as an exhibit to the Main Lease. NOW, THEREFORE, in consideration of the mutual covenants herein exchanged, the parties agree as follows: 1) Premises. Lessee shall have the right to use the following City property as exhibit space; shuttle passenger loading zones, and additional storage, as referred 1 below.W'subsections (a) (b), ( c), and (d), respectively (hereinafter, collectively referred to as the Premises): a) Preferred Parking Lot (886 parking spaces): Located between Convention Center Drive and Meridian Avenue, and 18th Street and 19th Streets. This area shall be used for the purpose of exhibitor space. b) Municipal Surface Parking Lot No. 5H (26 parking spaces): Located at 19th Street and Meridian Avenue. This area shall be used for the purpose of storage material related to exhibitor space. c) Metered Parking Spaces (18 parking spaces): All on-street metered parking spaces on the east side of Meridian Avenue, between 18th Street and 19th Streets. This area shall be used only as a bus drop-off and /or pick-up ramp. d) Additional Storage Area (18 parking spaces): Metered spaces on the south side of 18 Street, east of Convention Center Drive, for use as additional storage. Lessee shall be solely responsible for obtaining and paying for any and all permits and licenses necessary for its use of and operations on the Premises, (as set forth above and in Exhibit I herein). 2) Term. The term of this Agreement shall run concurrent with the term of the Main Lease. Notwithstanding any provision in this Agreement, in the event that the Main Lease...is, terminated, canceled, or expires, then this Lease Agreement shall also automatically terminate, concurrent with the termination of the Main Lease, and shall be of no further force and effect. 3) Schedule of Use. Pursuant to the Term provided in Paragraph 2 above, Lessee shall use the Premises only on the schedule dates set forth as follows: 2 i (a) 2014 Boat Show January 26 - February 12 Move-in February 13 - February 17 Show Days February 18 — February 26 Move-out (b) 2015 Boat Show January 28 - February 11 Move-in February 12 - February 16 Show Days February 17 — February 25 Move-out (c) 2016 Boat Show January 27 - February 10 Move-in February 11 - February 15 Show Days February 16 — February 24 Move-out 4) Use. Lessee shall use the Premises solely for the NMMA - Miami International Boat Show (Boat Show), and, more specifically, for only those uses as set forth in Paragraph I. Lessee shall have the right to install fencing at the perimeter of the, Premises, subject to its compliance with all City and Miami-Dade County permitting requirements. Lessee shall also have the right to install tents and other equipment necessary to operate the Boat Show, subject to its compliance with all City and Miami- Dade County permitting requirements:: All installations and improvements shall be further subject to the current and applicable building codes and shall also comply with all applicable City, County, State and Federal Laws. Lessor agrees to provide, and Lessee hereby accepts, the Premises in their "as is" condition, and Lessee agrees to return said Premises, including restoring all asphalt and other surfaces affected by its operations, to their condition prior to the move in of the Boat Show, for each Boat Show provided in the Term herein. 3 :. 5) .. Rental. The rental rate for the Premises shall. b=e $125,726 in 2014; $130,755 in 201.5; 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, including, without limitation 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. Rent shall be paid to the City of Miami Beach Parking Department, 1755 Meridian Avenue, Suite 200, Miami Beach, FL, 33139, as follows: Fifty Percent (50%) of total rental fee and applicable sales tax and any other taxes which may become due, by February 1 of each rental period; and remaining balance within fifteen (15) days of the last show date each year. Fees are assessed on actual Show dates. Any all fees for the move-in and move-out dates are included in the Show date fees. The following is an itemized listing of the rental fees per year: a) Preferred Parking Lot (886 parking 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 (18 parking spaces): 18 on-street parking spaces X $10.00 (parking meter daily rental fee) X 5 days: $ 900 4 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: $114,799 CPI or 3% Adjustment: $ 3,444 2012 Grand Total: $118,243 CPI or 3% Adjustment: $ 3,547 2013 Grand Total: $121,790 Credit for four days space rental (5c): ($ 900) Sub-total: $120,890 CPI or 4% Adjustment: $ 4,836 2014 Grand Total: $125,726 6) Protection Clause. The City of Miami Beach agrees that for the Term of this Agreement, it will not lease any other City-owned facilities to third parties for any boat show selling new boats, for thirty (30) days immediately prior to, and the.thirty (30) days after the Boat Show dates (described herein in Section 3). The foregoing restriction shall not preclude the Lessor from leasing or issuing a revocable permit during the Boat Show dates for any City-owned property, including, without limitation, the City-owned out lots in the area of Collins Avenue, from 49th Street to 43rd Street, and along the Indian Creek Waterway, for a boat show selling used yachts, boats and vessels. 5 7) Responsibility for Clean-Up of Public Areas. . Lessee shall have a neat and orderly operation at all times and shall be solely responsible for the necessary housekeeping services to properly maintain the Premises. It shall be the sole responsibility of the Lessee to maintain the cleanliness of the Premises on a daily basis. The Lessee shall be responsible for the removal of trash, rubbish and garbage and, if required by the Lessor, Lessee shall provide at its own expense, trash receptacles throughout the Premises, in an amount sufficient to maintain the cleanliness of the area. Lessee shall instruct and monitor its employees to assure that trash, rubbish and garbage are immediately picked up on the Premises. To assure that Lessee complies with this provision, Lessee shall make all areas under the Premises available for examination at any time by the City Manager or his authorized designee. The Lessee shall also be responsible for final clean-up of Premises, and shall return same to Lessor in the same condition as existing prior to the Boat Show provided in the Term herein. 8) Services to be Provided by the City's Parking Department. It shall be the responsibility of the City's Parking Department to remove all signs, as needed, to accommodate the Boat Show; remove all parking meters on Convention Center Drive, as needed, to accommodate the Boat Show; and to bag all parking meters, as described in Section 1, to accommodate the Boat Show. 9) Lessor's Proposed Improvements. Lessee acknowledges that the City is developing and implementing a series of capital improvements on, or within the vicinity of, the Premises, which may entail closure of all, or a portion of, the Premises, which closure shall be determined, as necessary, at Lessor's sole discretion and judgment. In the event that Lessor closes all, or a portion, of the Premises due to the 6 aforestated capital improvements, then Lessor shall provide Lessee with six (6) months prior written notice of same, and the parties' agree that this Lease, and the parties' respective obligations hereunder, shall be terminated 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, servent, and employees including, without limitation, claims for interference in business or damages for interruption of the operation of the Boat Show. 10) Indemnification. Lessee shall indemnify, defend and save the Lessor harmless from and against any and all claims or causes of.action (whether groundless or otherwise) by or on behalf of "any persons, firm or corporation, for personal injury, property damage, or other occurring upon the Premises occasioned in whole or in part by any of the following: a. an act of omission on the part of Lessee or any employee, agent, invitee, guest, assignee or subcontractor of Lessee; b. any misuse, neglect, or unlawful use of the Premises by Lessee or any employee, agent, guest, invitee, assignee or subcontractor of Lessee; and/or C. any breach, violation, or nonperformance of any undertaking by Lessee under this Agreement. Lessee agrees to pay and shall pay for all damage to the Premises caused by Lessee or any employee, agent, guest or invitee, assigned or subcontractor of Lessee. 11) Insurance. Lessee shall not commence this Agreement, nor take possession of the Premises, until all insurance required under this section has been obtained and such insurance has been approved by Lessor's Risk Manager. Lessee shall maintain and carry in full force during the Term of this Agreement the following insurance: 1. General Liability in the amount of $1,000,000.00. A certified copy 7 of Lessee's Insurance Policy must be filed and approved by the Risk Manager prior to commencement. The CITY of MIAMI BEACH, FLORIDA must be listed as an Additional Insured. 2. Workers' Compensation & Employers Liability as required pursuant to Florida StatuteS. A certified copy of Lessee's Insurance Policy must be filed and approved by the Risk Manager prior to commencement. The CITY of MIAMI BEACH, FLORIDA must be listed as an Additional Insured. 3. Automobile Insurance in the amount of $1,000,000.00. A certified copy of Lessee's Insurance Policy must be filed and approved by the Risk Manager prior to commencement. The CITY of MIAMI BEACH, FLORIDA must be listed as an Additional Insured. Thirty (30) days written notice of cancellation or substantial modification in the insurance coverage must be given to Lessor's Risk Manager by Lessee and its insurance company. The insurance must be furnished by insurance companies authorized to do business in the State of Florida and approved by Lessor's Risk Manager. Original certificates of insurance for the above coverage must be submitted to the Lessor's Risk Manager for approval prior to commencement of the Term herein. These certificates will be kept on file in the Office of the Risk Manager, 3rd Floor, City Hall. All insurance policies must be issued by companies authorized to do business under the laws of the State of Florida. The companies must be rated no less than "B+" as to management and not less than "Class VI" as to strength by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent, subject to the approval of the CITY's Risk Manager. Compliance with the foregoing requirements shall not relieve Lessee of the liabilities and obligations under this section, 'or under any other portion of this Agreement, and Lessor shall have the right to obtain from Lessee specimen copies of the insurance policies in the event that submitted certificates of insurance are inadequate to ascertain compliance with 8 ..::-required coverage. -- 12) Default and Termination. The following actions (a) through (d) shall constitute an event of default by Lessee: a. If Lessee abandons or vacates the Premises prior to the expiration of the Term hereof; b. If Lessee fails to timely pay any of the rental amounts, as set forth in this Agreement; C. If Lessee fails to discharge or bond off any lien filed on the Premises, within three (3) days of written notice from Lessors to Lessee; or d. If Lessee fails to perform in accordance with any of the other terms and conditions herein contained. In the event of default by Lessee, and such default is not cured within two (2) days after written notice to Lessee, the Lessor may terminate this Agreement without further notice to Lessee. Lessee shall immediately surrender possession of the Premises, as well as, removing any personal property and equipment from same. Any personal property and equipment not so removed shall be removed and stored by the Lessor at the expense of Lessee. Additionally, in the event of a termination hereunder, the Lessor may also pursue any and all legal remedies available to seek redress for such default. 13) Bankruptcy and Insolvency. If Lessee is adjudicated bankrupt or makes an assignment for the benefits of creditors, the Lessor shall have the right to immediately terminate this Agreement and re-enter the Premises without notice or demand. 14) Sublease and Assignment. Lessee shall not sublease the Premises or any part thereof, nor assign this Agreement, without obtaining Lessor's prior written approval, which approval may be given, if at all, at the Lessor's sole and absolute 9 discretion. 15) Rights of the City. The City reserves the right to use any of the parking lots incorporated herein, if the City determines the need to do so. The exercise of such rights shall be noticed in writing to the Lessee ninety (90) days prior to the move-in date for each Boat Show. 16) Notices. All notices shall be sent to the parties at the following addresses: Lessor: City of Miami Beach Parking Department Attn: Saul Frances, Director 1755 Meridian Avenue, Suite 200 Miami Beach, FL 33139 Lessee: NMMA Boat Shows Attn: Cathy Rick-Joule Southern Regional Manager 9050 Pines Boulevard, Suite 305 Pembroke Pines, FL 33024 Lessee and Lessor may change such address at any time upon giving the other party written notification. All notices under this Agreement must be in writing and shall be deemed to be served when delivered to the address of the addressee. All notices served by mail shall be registered mail, return receipt requested. Lessee may designate additional persons for notification of default. 17) Waiver. No waiver by Lessor any time of any of the terms or conditions of this Agreement shall be deemed at any time thereafter a waiver of the same or any other term or conditions hereof. 10 18) Severability. If any term or provision of this Agreement.or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the reminder of this Agreement, or the application of such term or provision to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term and provision of this Agreement shall be valid and be enforceable for the fullest extent permitted by law. 19) Governing Law/Venue. This Agreement shall be governed by and construed in accordance with the law of the State of Florida. 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 Dade County, Florida. By entering into this Agreement, Lessee and Lessor expressly waive any rights either party may have to a trial by jury of any civil litigation related to, or arising out of, this Agreement. 20) Limitation of Liability. Lessor desires to enter into this Agreement only if in doing so the Lessor can place a limit on the Lessor's liability for cause of action for money damages due to an alleged breach by the Lessor of this Agreement, so that the liability for any such breach never exceeds the sum of $10,000. Lessee hereby expresses its willingness to enter into this Agreement with Lessee's recovery from the 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 the Lessor shall not be liable to Lessee for damages in an amount in excess of $10,000, for any action of claim for breach of 11 contract arising out.of the--performance or nonperformance of any obligations imposed upon the 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 the Lessor liability as set forth in Florida Statutes, Section 768.28. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their appropriate officials, as of the date first entered above. ATTEST' �v.=} LESSOR/CITV O EACH Rafael Granado, i y C1e = Philip Le yor - = INUORP ORATED: ATTEST. ' ' LESSEE/NATIONAL MARINE MANUFACTURERS ASSOCIATION v►L Secretary President APPROVED AS TO FORM &LANGUAGE &FOR EXECUTION �z ity orn r V^_ Date 12