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RESOLUTION 89-19658 RESOLUTION NO. 89-19658 A RESOLUTION AUTHORIZING EXECUTION OF LEASE AGREEMENT WITH I.B.S. FLEA MARKETS, INC. FOR THE USE OF HALL D IN THE STEPHEN MUSS CONVENTION CENTER MARCH 1-11, 1991. WHEREAS, the City Commission of the City of Miami Beach, Florida, has been advised that I.B.S. FLEA MARKETS, INC. desires to lease certain premises and facilities of the City of Miami Beach, to-wit: HALL D IN THE STEPHEN MUSS CONVENTION CENTER on MARCH 1-11, 1991 for the event known as WORLD'S LARGEST INDOOR FLEA MARKET AND WHEREAS, an appropriate lease agreement has been prepared by the Stephen Muss Convention Center Director and approved as to form by the City Attorney, and WHEREAS, the City Commission has been advised of and is familiar with the terms and provisions of the said lease agreement and deems it to be in the best interest of the City to authorize the execution of the said lease agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION 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 above- described lease agreement on behalf of the City, and that the Stephen Muss Convention Center Director be and he is hereby authorized and directed to carry into effect the terms and provisions undertaken therein by the City. PASSED and ADOPTED this 12th d. . my , 1989 MAYOR Attest: ZfeaA., 3 City Clerk Form Approved Legal Department Dated: 7% /F5 JLM/rlw REF: 1\CNVAGREE.RES eat/ /(4im I Fead FLORIDA 3 3 1 3 9 t* INCORPORATED)*J "VACA TIONLANL) U. N. A. - t , y�i. t ,,' .•''\moi OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 3 COMMISSION MEMORANDUM NO. S- DATE: JULY 12, 1989 TO: Mayor Alex Dao and Members of e City Comm'.sion FROM: Rob W. Park • dfAiW City Manager er r' SUBJECT: LEASE AGREEMENT - I.B.S. Flea Marke is, Inc. FACILITY: HALL D IN THE STEPHEN MUSS CONVENTION CENTER ORGANIZATION: I.B.S. .E A MARKETS, INC. EVENT: WORLD'S LARGEST INDOOR FLEA MARKET DATES: MARCH 1-11, 1991 AMOUNT: The lessee hereby covenants and agrees to pay the following minimum rentals, or such higher rentals as shall become effective on or before 120 days prior to the date lessee takes occupancy under this lease; provided, however, that lessee's obligation with respect to such higher rentals shall be limited to an increase of 12% over the following minimum rentals. 55 per square foot of net exhibit space used with a minimum guarantee of $27,000.00, plus Florida State Rental Tax which is currently 6%. RATE: COMMISSION APPROVED ADDITIONAL NONE CHARGES: ADMINISTRATION Approve contract with I.B.S. Flea Markets, Inc. for payment RECOMMENDATION: of 55 per square foot of net exhibit space used with a minimum guarantee of $27,000.00 based on $4,500.00 per show day, plus Florida State Rental Tax, which is currently 6%. RWP/NL/hs 6 AGENDA ITEM DATE 1• CITY OF MIAMI BEACH TO: Arnold Weiner July 5, 1989 City Attorney FROM: Norman Litz Convention Center Director SUBJECT: LEASE AGREEMENT - I . B. S . FLEA MARKETS , INC. FACILITY: HALL D IN THE STEPHEN MUSS CONVENTION CENTER EVENT: WORLD'S LARGEST INDOOR FLEA MARKET DATES: MARCH 1-11, 1991 Attached are three copies of the above-described lease agreement. If the form of this lease agreement meets your approval, will you kindly prepare resolution authorizing its execution by the City and forward to the City Manager for presentation to the City Commission. Also, please certify to the City Manager that all documents included herein are in accordance with all City regulations . I concur with the terms of this lease and recommend its approval . i i) ' / r /// ' 77),,( ' Convention Ce 'ter r cc: City Manager Accounting Department ORIGINAL RESOLUTION NO. 89-19658 Authorizing execution of lease agreement with I.B.S. Flea Markets, Inc. for the use of Hall D in the Stephen Muss Convention Center March 1-11, 1991.