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02.17.17 FCWPC AgendaPage 2 of 6 3. Discussion Regarding Implementing The Safer Compass Program In The City Of Miami Beach To Review The Analysis (November 9, 2016 Commission Item R9K) Daniel Oates -Police Chief Virgilio Fernandez-Fire Chief Charles Tear-Emergency Management Director John Rebar-Parks and Recreation Director Adrian Morales -Interim Property Management Director Referred by Commissioner: John Elizabeth Aleman Status: Item enclosed. 4. Discuss Funding For Added Security On Ocean Drive As Per The Ten Point Plan (December 14, 2016 Commission Item C4W) Cintya Ramos-Budget and Performance Improvement Director Daniel Oates-Police Chief Referred by Commissioner: Ricky Arriola Status: Discussion item. 5. Discussion Regarding Recommended Traffic Calming Improvements In Central Bayshore Neighborhood (January 11, 2017 Commission Item C4E) Jose Gonzalez -Transportation Director Referred by: Transportation Status: Item under separate cover. NEW BUSINESS 6. Discuss Adding Illuminated Crosswalks Or Rapid Rectangular Flashing Beacons On West Avenue (December 14, 2016 Commission Item C4F) Jose Gonzalez -Transportation Director Referred by Commissioner: Ricky Arriola Status: Item enclosed. Page 3 of 6 7. Discussion Regarding The Creation Of A Pocket Park On 20TH Street And Alton Road (November 9, 2016 Commission Item R9T) Commission Discussion and Referral: John Rebar, Parks & Recreations Director, asked for more information on what the City Commission's vision is for this project. He added that there is no budget for this request. Commissioner Arriola motioned to refer the item to Finance & Citywide Projects Committee and the Parks and Recreational Facilities Board. John Rebar-Parks and Recreation Director Referred by Commissioners: Ricky Arriola and Kristen Rosen Gonzalez Status: Item enclosed. 8. Discussion Regarding A New Lease Agreement (Agreement) Between The City Of Miami Beach (Landlord) And Colony Theater Cafe, Inc. D/B/A Segafredo (Tenant) For The Use Of Approximately 1,371 Square Feet Of City-Owned Property, Located At 1040 Lincoln Road, Miami Beach, Florida (Premises). For A Period Of Three (3) Years, Commencing November 1, 2017 And Expiring October 31, 2020, With Two (2) Renewal Options For Three (3) Years Each , At The City Manager's Sole Discretion (February 10, 2017) Mark Milisits -Asset Manager Referred by: Asset Management Status: Item enclosed. 9. Discuss A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving The Assignment Of Interest Of Coca-Cola Refreshments USA, Inc. (Bottler) To Coca-Cola Beverages Florida, LLC (Assignee), In Connection With That Certain Agreement Between The City, Bottler And Coca-Cola North America, A Division Of The Coca-Cola Company, Dated March 14, 2012; Said Assignment Being Subject To Assignee Assuming All Of Bottler's Obligations Under The Agreement And The Execution By Bottler And Assignee Of An Assignment Document In The Form Acceptable To The City Attorney; And Further Authorizing The City Manager To Execute Any Necessary Documents To Effectuate The Assignment Of The Agreement (February 8, 2017 Commission Item C7V) Tonya Daniels-Office of Communications Director Referred by: Marketing and Communications Status: Item under separate cover. Page 4 of 6 DEFERRED ITEMS 10. Discussion Regarding Proposed Interceptor Garage At 1623 West Avenue (Lot No. P23). (September 27, 2016 Commission Item R9E)(Continued From September 14, 2016 Commission Item R9AA) Saul Frances -Parking Director Referred by : Parking Status: Item deferred to the March 3, 2017 Finance and Citywide Committee meeting. The notice to proceed was issued to the consultant on December 14, 2016. They are preparing the design criteria and analyzing different setback scenarios as requested by the Planning Department. The design criteria will be completed by April 2017. Analysis and feasibility of the pedestrian bridge will be completed by mid-February. 11. Discussion On Creation Of Economic Development Goals And Objectives And A Citywide Economic Development Strategy Plan (December 14, 2016 Commission Item C4B) Jeff Oris -Economic Development Division Director Referred by : Tourism, Culture and Economic Development Status: Item deferred. Staff reached out to 100 Resilient Cities to assist in preparing a potential Scope of Work that would include appropriate resiliency tasks. The subject matter expert assigned is working on the item with staff; however he has not yet provided the information needed to present to the Committee. 12. Discussion Regarding Future Uses Or The Potential Sale Of Vacant City-Owned Land Located At 226 87th Terrace (October 19, 2016 Commission Item C4A)(July 13, 2016 Commission Item C4J Mark Milisits -Asset Manager Referred by Commissioner: Michael Grieco Status: Item deferred pending appraisals. Page 5 of 6 13. Discussion Regarding A Skate Park/Parking Structure At 72nd Street Parking Lot (P92) (February 8, 2017 Commission Item C4B) Eva Silverstein-Tourism, Culture and Economic Development Director Referred by: Tourism, Culture and Economic Development Dual Referral: Mayor's North Beach Master Plan Steering Committee and Finance & Citywide Projects Committee Status: Item deferred pending direction from the Mayor's North Beach Master Plan Steering Committee. 14. Discussion Regarding The Maintenance Of Public Bathrooms Citywide (February 8, 2017 Commission Item C4N) John Rebar-Parks and Recreation Director Adrian Morales -Interim Property Management Director Referred by Commissioner: Michael Grieco Dual Referral: Neighborhood/Community Affairs Committee and Finance & Citywide Projects Committee Status: Item deferred pending direction from the Neighborhood/Community Affairs Committee. Finance and Citywide Projects Committee Meetings for 2017: March 31 April21 May 19 June 16 -FCWP and Budget Briefing June 30 -Budget Briefing July 10 -Budget Briefing July 21 -Budget Briefing July 28 August Recess September 8 October 13 November 3 December 8 Committee Members Commissioner Ricky Arriola, Chair Commissioner Joy Malakoff, Vice Chair Commissioner John Aleman, Member Commissioner Micky Steinberg, Alternate John Woodruff, Committee Liaison FCWPC: Discussion Regarding Illuminated Crosswalks or Rapid Rectangular Flashing Beacons on West Avenue February 17, 2017 Page 2 of 3 observations conducted by the consultant recorded the following conditions and behaviors: • Whether pedestrians would cross at the LED Crosswalk or outside the crosswalk • Whether pedestrians were distracted and use the LED Crosswalk or not • Whether the drivers would yield to the pedestrian at the LED Crosswalk • Whether drivers were distracted as they approached the crosswalk when pedestrians were present To determine drivers' compliance to yield to pedestrians, a marker or traffic cone was placed at a distance of 250 ft. from the crosswalk approaches. This distance was determined based on the safe stopping-sight distance for a vehicle approaching the crosswalk when a signal indicates that a pedestrian is present. Based on when the vehicle began breaking relative to the 250 ft. safe stopping area demarcated by the traffic cone, it is clear to the observer if the motorists yielded to the pedestrian at the moment in which the LED Crosswalk was engaged. The post-installation observations were conducted in May 2016 and October 2016. During that time, performance issues and any necessary maintenance/repair of the devices were being recorded for benefit-cost calculations. The results of the post-installation observations at the Alton Road/1 51 Street LED crosswalk indicate that, in general, there was an increase of vehicles yielding to pedestrians as compared to the pre-installation observations. During the weekday, approximately 16% more drivers traveling northbound on Alton Road yielded to pedestrians after the LED Crosswalk system was installed. Similarly, the effectiveness study documents a 12% increase of drivers yielding to pedestrian when traveling southbound on Alton Road. For drivers turning right onto Alton Road from 151 Street, there was no positive change observed . During the weekend observations, approximately 12% more drivers traveling northbound on Alton Road yielded to pedestrians after the LED Crosswalk system was installed. Similarly, the study documents a 16% increase of drivers yielding to pedestrian when traveling southbound on Alton Road. Contrary to the weekday observations, during the weekend, an improvement of about 16% was observed for those drivers turning right onto Alton Road from 151 Street. The pedestrian behavior comparison indicates that after the LED Crosswalk system was installed, approximately 26% more pedestrians use the crosswalk to cross Alton Road on weekdays and 21% during the weekend. Benefit-Cost Analysis The cost to furnish and install the LED-illuminated Crosswalk system at Alton Road and 151 Street was $50,684. Over the duration of the 1-year pilot program, the maintenance/repair cost associated with this device was approximately $6 ,000 . This cost includes replacement of four (4) light assemblies that failed due to water-intrusion. Based on the review of the total installation and maintenance costs over the past year ($56,684), the crash reduction factor of 29% (common crash reduction factor for these types of enhanced crosswalk devices), and the increased compliance from vehicular traffic in yielding to pedestrians, the benefit-cost analysis indicated that the installation of LED Crosswalks is both feasible and effective with a benefit- cost ratio of 2.09. The installation of LED Crosswalk at a location would be contingent upon meeting minimum thresholds based on warrant analysis guidelines. TE Finance and Citywide Projects Committee Memorandum Colony Theater Cafe -New Lease Agreement February 17, 2017 Page 2 of3 Initial Term: Three (3) years commencing November 1, 2008 and ending October 31, 2011 Renewal Terms: Two (2) renewal terms for three (3) years each (second and final renewal term expires October 31, 2017) Size: Rental Rate: The total leased area consists of approximately 1,371 square feet delineated as follows: 769 SF restaurant/cafe space 1 07 SF restaurant/cafe storage space located in theater lobby 876 SF total revenue generating area 189 SF food & beverage concession located in theater lobby 306 SF dumpster/storage area located off-site 495 SF total ancillary area Since the 189 square foot food & beverage concession located in the theater lobby is intended only for Colony Theatre patrons, and since the 306 square foot dumpster/storage area is located off- site, the remaining 876 square feet (769 SF cafe plus 107 SF storage) is an adjusted square footage which most accurately reflects the revenue generating area occupied by Tenant for purposes of calculating rent per square foot. The greater of Base Rent, in the amount of $217,174 for contract year 2015/16, or 6.5% of Gross Receipts (with allowable deductions). For contract year 2015/16, the total rent paid was $218,769 ($250 per square foot). The chart below illustrates the rent revenue figures for the most recent four (4) contract years. Contract Year Gross Receipts Total Rent Paid (6.5%} Rent per Square Foot (876 SF} 2012/13 $4,025,015 $261,626 $299 2013/14 $3,766,836 $244,844 $280 2014/15 $3,804,577 $247,298 $282 2015/16 $3,365,670 $218,769 $250 Finance and Citywide Projects Committee Memorandum Colony Theater Cafe -New Lease Agreement February 17, 2017 Page 3of3 The chart below compares the basic terms and conditions of the current lease to the proposed terms and conditions of the new lease . Current Lease New Lease Initial Term Three (3) years Three (3) years Renewal Options Two (2), three (3) year options Two (2), three (3) year options Percentage Rent 6.5% of Gross Sales 7% of Gross Sales Minimum Guarantee $218,970 annually (FY16/17) $219,000 annually $250 per square foot $250 per square foot CPI annual increases 2% annual increases Rent for Dumpser I None $7,650 annually Storage Area (306 SF) $25 per square foot Additionally, Tenant has requested that the Minimum Guarantee be waived, on a pro-rata basis, during periods of business disruption due to the proposed Lincoln Road construction/renovations . During said periods, only the Percentage of Gross Sales (7%) would be applicable. CONCLUSION The Administration recommends in favor of executing a new lease agreement with Colony Theater Cafe, Inc. d/b/a Segafredo, in accordance with the above stipulated terms and conditions. The Administration is seeking a recommendation from the Finance and Citywide Projects Committee. JLM/K~NGW/MMM F:\RHCD\$ALL\ECON\$ALLIASSET\COLONY\FCWPC Memo 02-17-17\Colony Lease Agreement FCWPC MEMO (02-17-17).docx