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RESOLUTION 90-19908 RESOLUTION NO. 90-19908 A RESOLUTION AUTHORIZING EXECUTION OF LEASE AMENDMENT WITH U.S. PROMOTIONS, INC. FOR THE USE OF HALLS C AND D IN THE MIAMI BEACH CONVENTION CENTER Fel,' ,PRI L 3-9, 1990. WHEREAS, the City Commission of the City of Miami Beach, Florida, has been advised that U.S. PROMOTIONS, INC. desires to lease cer:#_ain premises and facilities of the City of Miami Beach, to-wit: HALLS C AND D 111 THE MIAMI BEACH CONVENTION CENTER on APRIL 3-9, 1990 for the event known as rJ , '..a. EXOTIC SPORTS CAR SHOW AND WHEREAS, an appropriate lease amendment has been prepared by the Miami Beach 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 amendment and deems it to be in the .7a7 interest of the City to authorize the execution of the said lease amendment. NOW, THEREFORE, .6E 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 amendment on behalf of the City, and that the Miami Beach 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 AD01- ` 1,D this 21st day of February 19 90 Attest: VICE-MAYOR )21 City Clerk Form Approved Legal Department Date: ..,...../9/510 JLM/riw REF: 1\CNVAMEND.RES } Viriam ti44-e 4111,P, etedici f � \AMS Eq,v FLORIDA 3 3 1 3 9 *tINCORP;{ORATED*; ''VACA TIONLAND U S. A. 44/CV OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 NO. COMMISSION MEMORANDUM t 0110 DATE: FEBRUARY 21 ,_1220 TO: Mayor Alex Dao • and Members of e City Commi on 4.99"— FROM: FROM: Rob W. Parkins ,/,411. City Manager SUBJECT: LEASE AMENDMENT - U.S. PROMOTIONS, INC. FACILITY: HALLS C & D OF THE MIAMI BEACH CONVENTION CENTER ORGANIZATION: U.S . PROMOTIONS, INC. EVENT: U.S. EXOTIC SPORTS CAR SHOW OLD DATES: April 3-4, 1990 Move In April 5-8 , 1990 Show April 9 , 1990 Move Out NEW DATES : April 3-5, 1990 Move In April 6-8 , 1990 Show April 9 , 1990 Move Out NEW AMOUNT: THE LESSEE HEREBY COVENANTS AND AGREES TO PAY THE FOLLOWING MINIMUM RENTALS, OR SUCH HIGHER RENTALS AS SHALL BE APPROVED BY THE CITY COMMISSION ON OR BEFORE 120 DAYS PRIOR TO THE DATES 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 TWELVE PER CENT (12%) OVER THE FOLLOWING MINIMUM RENTALS. HALL C SIXTY (60) CENTS PER SQUARE FOOT OF NET EXHIBIT SPACE USED WITH A MINIMUM GUARANTEE OF FIFTEEN THOUSAND AND NO/100 ($15, 000. 00) DOLLARS, PLUS FLORIDA STATE RENTAL TAX, WHICH IS CURRENTLY 6%. HALL D FIFTEEN THOUSAND AND NO/100 ($15, 000. 00) DOLLARS, PLUS FLORIDA STATE RENTAL TAX, WHICH IS CURRENTLY 6%, PER COMMISSION ACTION #713-89 DATED DECEMBER 20, 1989 . ADMINISTRATION APPROVE AMENDMENT WITH U. S. PROMOTIONS, INC. RECOMMENDATION: RWP/NL/j ya 7 AGENDA CI ITEM - DATE7,--- \-C1 CITY OF MIAMI BEACH TO: Lucia Allen Dougherty February 2 , 1990 Acting City Attorney FROM: Norman Litz, Director Convention Center SUBJECT: LEASE AMENDMENT - U.S. PROMOTIONS, INC. Attached is lease amendment for the use of Halls C & D in the Miami Beach Convention Center for the U.S. Exotic Sports Car Show from April 3-9 , 1990. If the form of this lease amendment meets with your approval, will you kindly prepare resolution authorizing its execution by the City and forward for presentation to the City Commission. I concur with t.e terms of this lease amendment and recommend its approva AO( . • 14441 Con fit tier 'Cents sr NL:J•bs i cc: City Manager ORIGINAL RESOLUTION NO. 90-19908 Authorizing execution of lease agreement with U.S. Promotions, Inc. for the use of :falls C and D in the Miami Beach Convention Center for April 3-9, 1990.