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Resolution 9195 r RESOLUTION NO. 9195 WHEREAS, on December 23, 1949, the City of Miami Beach and Vendrinks Company, as "The Concessionaire" entered into a written agreement wherein and whereby Vendrinks Company as "The Conces- sionaire", was granted the exclusive right and privilege to install and operate automatic drink dispenser machines, in accordance with the terms of certain "Specifications", as amended, for the installing and operation of automatic coin-operated cold-soft drink vending machines in Miami Beach; and WHEREAS, by written agreement dated January 23, 1952, the City and Vendrinks Company as "The Concessionaire" extended the terms of their agreement of December 23, 1949, to January 31, 1954; and WHEREAS, J. & M. Vending Company, is the Successor of Vendrinks Company, by merger, and, therefore, is presently "The Concessionaire" under said aforementioned agreements; and WHEREAS, by written agreement dated January 31,1954, between theCity of Miami Beach and J. & M. Vending Company, the term of the original agreement was extended to January 31, 1956; and WHEREAS, the parties are now desirous of further extending the • term of said agreement to January 31, 1958; and WHEREAS, the City Council of the City of Miami Beach deems it to be to the best interest of the said City to further extend the term of said agreement; and WHEREAS, the City Attorney has prepared an agreement between the parties, by the terms of which the term of said agreement is extended and "The Concessionaire" agrees to pay to the City of Miami Beach, in consideration of the above-described grant of concession, Twenty-six per cent (26%) of the gross receipts from the drink dis- pensing machines above referred to, for the period beginning Feb- ruary 1, 1956, and ending January 31, 1958; the first payment to the City by "The Concessionaire", under this extension of said agree- ment, shall become due and payable on February 1, 1956, and subse- quent payments hereunder shall become due and payable on the first day of each and every month thereafter for the entire life of this agreement; and WHEREAS, the City Council is familiar with the terms of said agreement, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Clerk be and they are hereby authorized and directed to execute the said • agreement in the name of and on behalf of said City. PASSED and ADOPTED this lith day of January, A. D. 1956. Acting May. Attest : . Ci y Clerk OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA _ _- 1 1 4-) oQ #OD H 2 \ ON 2 ƒ Om k \ / 1-1 0 0 O r N ? ? q � § ƒ ° Ro / X22 e ± • woe C)