RESOLUTION 92-20469 ,
RESOLUTION NO. 92-20469
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE A CONSENT TO THE SUBLEASE OF
THE ENTIRE SEVENTH (7TH) FLOOR OF HISTORIC CITY
HALL FROM FRANKEL & ASSOCIATES, INC. TO
INTERNATIONAL TALENT CORP.
WHEREAS, the City of Miami Beach (hereinafter referred to as
"City") entered into a Lease Agreement (hereinafter referred to as
"Lease") on March 16, 1987 with Frankel & Associates, Inc.
(hereinafter referred to as "Lessee") for the eighth (8th) floor
and the entire of the seventh (7th) floor in Historic City Hall ;
and
WHEREAS, Lessee wishes to sublease the entire seventh (7th)
floor to International Talent Corp. ; and
WHEREAS, the City wishes to consent to the proposed Sublease
between Frankel & Associates, Inc. and International Talent Corp.
dated February 27, 1992 , a copy of which is attached hereto as
exhibit "A" .
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF
THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Clerk are
hereby authorized to execute the Consent to the Sublease of the
entire seventh (7th) floor of Historic City Hall from Frankel &
Associates, Inc. to International Talent Corp.
PASSED and ADOPTED this 4th day of March , 1992 .
ATTEST:
\i/A))
GJ�
City Clerk ay•
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C:\resoluti\inttalen.fra FORM APPROVED
February 12, 1992
LEGAL D
By
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Date
CONSENT TO SUBLEASE
The City of Miami Beach, Lessor under the certain Lease
Agreement between the City of Miami Beach and Frankel & Associates,
Inc. , dated March 16, 1987 , hereby consents to the Sublease dated
February 27, 1992 between Frankel & Associates, Inc. , a Florida
corporation, and International Talent Corp. , a Florida corporation,
a copy of which Sublease is attached hereto and by reference made
a part hereof.
Dated this 4th day of March , 1992
al
CIS OF MIAMI Br
MAYOR
ATTEST:
TAA.,,(N"A FORM APPROVED
CITY CLERK
LEGAP.. DEPT.
Eis1
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C:\agreements\sublease.con
March 3, 1992 ,/3//f7--
Date
SUBLEASE AGREEMENT
THIS SUBLEASE made as of this 7_:., dayof
February,
1992, by and between FRANKEL & ASSOCIATES, INC. , a Florida cor-
poration, hereinafter called "Sublessor" , and INTERNATIONAL
TALENT CORP. , a Florida corporation (hereinafter called
"Sublessee" ;
WITNESSETH:
1 . Demise and Description of Property. Sublessor
hereby leases -7E7-77--and Sublessee hereby leases from
Sublessor, for the term and subject to the conditions and coven-
ants hereinafter set forth, the property hereinafter referred to
as the "Subleased Premises" , located in Dade County, Florida,
described as follows :
Approximately 1700+/- square feet of office space
on the seventh ( 7th) floor of Historic City Hall at
1130 Washington Avenue , Miami Beach, FL 33139 ;
which space is specified as the entire 7th FL pur- -
suant to the Floor Sketch markedExhibit ' ��
A which is �
attached hereto and incorporated herein by
reference.
' /
2. Term and Conditions. This Sublease -
� � the termyear shall be or ,
I of one (subject to two one-year options as
Y P m re
ii ; fully set forth in paragraph 4 hereof ) and shall commence Q --
D#1frwafter approval of this Sublease is obtained fro tie �--�_ .,:
Miami Beach City Council ( "inception ""
p date" ) ,, during which `:.. �, °r• •
04Wperiod Sublessee shall be entitled to commence ne
cessar \
alterations to the Subleased Premises and initiate movingin
the Subleased Premises. Sublessor shall move out of the e Su - i
-
leased Premises within threeof
( 3 ) days such approval
City of Miami Beach. In event PP by he � �
the the inception of this Suble se
is other than March 1 , 1992, then the expiration shall
P be twe ve
months from the inception date as contemplated in thisara ra h
subject to the options to renew referredP g
P to in paragraph 4
hereof. Sublessor shall only have until March 10, 1992,
approval of the Sublease. to
obtain
Thereafter, if approval is not
obtained by March 10, 1992, Sublessee shall have an option for
thirtydaysP
( 3 0) to accept the Sublease.
This Sublease shall be in accordance with that cer-
tain Lease hereinafter referred to as the "Main lease" , dated
March 16 , 1987, between the City of Miami Beach, a Florida Muni-
cipal Corp. , as Landlord, and Frankel & Associates , Inc. , as
Lessee. By the terms of the Main Lease , Sublessor has an option
to lease the above-described property. of P
P p Y• A copy the Main Lease
is
attached hereto and incorporated herein by reference as Exhi-
bit "B" .
This Sublease shall be subject to the formal stipu-
lated settlement of pending litigation in the Dade County Circuit
Court, Case No. 91-55913 CA-15 , although tentatively settled as
acknowledged by the City Attorney of Miami Beach, subject to
approval of the City of Miami Beach; and, if not approved , this
Agreement shall be null and void.
3. Rent. For the initial one-year term of this lease ,
Sublessee shall pay to Sublessor as rent the sum of $2, 000P er
month together with applicable Florida state sales tax, plus pro-
rata
City charges for chilled
• water consumption as and when billed by the City of Miami Beach.
/7
Upon execut ion and approval of this Sublease by the Cit of
ilie y
Beach, Sublessee shall pay Sublessor the first month ' s Mi reamint
together with the last two months ' rent under this Sublease .
4 . Option to Renew. Sublessee shall have two one-year
-1-
options to renew upon sixty ( 60) days ' prior written notice of
each option period. Rent for the first one-year option shall be
$2, 150 per month plus sales tax; and rent for the second one-year
option shall be $2, 300per m nth plus sales tax. 11/0- 544e/4
Atiopoy /75 €6.- -,000-7-0q ‘.1.441e-eit, ce,,emple6‘; /,e'd.-7
i rat ion of the second o t py e r io 4/94°74:10'.4/94°74:10'.4/94°74:10'..
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Sublessee shall haver the the ex right of first option for ti ( 30)
days to re-lease the Subleased Premises at the same terms and
)067conditions that Sublessor may offer to a proposed third party, in
the event Sublessor does not choose to use the Subleased Premises
itself.
5. Use of Premises. The Subleased Premises shall be
used by Sublessee as a general business office and for no other
purpose.
6. Parking Spaces. Sublessee shall be entitled to
four ( 4 ) assigned parking spat,!s on the second floor contiguous
to one another.
7. Assignment/Sub-Sublease. Sublessee shall have the
right to assign this Sublease or to sublet the Subleased Premises
provided that Sublessor shall have the first option with '
( 10 ) days to obtain the Premises for itself at the same t= s and
conditions as the proposed third party, only if sublea - and/or
assignment is unrelated to any of Jorge Hane 's compan es , th
written consent of Sublessor consent not to be un g e- n ly
withheld. ‘4ND fel/N L ,$0'<, ' ,, , /
il'
In the event Sublessee sublets the Sublef-ed Premi-
ses, Sublessor shall have the right to require a ,•ne--month
security deposit from Sublessee for each year of Sublease
4 R . 0Counanrvr Sublessor will leave the Subleased Pre-
mises "broom clean" within five days after approval of this
i// Sublease by the Cityof Miami Beach.
9. Option. Sublessee shall have the right of first
refusal with respect to any offer of lease relative to the top
floor at 1130 Washington Avenue , Miami Beach, currently leased by
Sublessor Allrsame terms as it may be offered to third par-
ties , s i n which to exercise option.
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10. Insurance. Sublessee shall, at its own expense ,
comply with all insurance requirements of Sublessor. Sublessee
shall not occupy the Subleased Premises until proof of the
following insurance coverages have been furnished to and approved
by Sublessor and the Landlord.
A. Comprehensive general liability in the mini-
mium amount of $300, 000 per occurrance for
bodily injury and property damage . Contrac-
tual liability coverage is to be included.
The City of Miami Beach and the Sublessor must
be named as additional insureds on this
policy.
B. Worker' s compensation and employees ' liability
coverage per Florida Statutes. Proof of these
coverages must be provided by submitting ori-
ginal Certificates of Insurance . All policies
must provide thirty ( 3 0 ) days ' written notice
of cancellation to Sublessor and to the City
of Miami Beach ' s Risk Manager at 1700 Conven-
tion Center Drive , Miami beach, FL 33139 . The
insurance companies providing the above
coverages are subject to the aper* - 1 of the
City ' s Risk Manager who shall ha e t e right
to reasonably increase the amount- and type of
insurance coverage required.
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•
11 . Assumption Agreement and Covenants.
A. The Sublessee shall comply with all of the
provisions of the Main Lease which are to be
observed or performed during the term hereof
by the Sublessor as Tenant thereunder, except
that the payment of rent shall be governed by
the provisions herein, and paragraph 3 of the
Main Lease , except as otherwise provided
herein, shall be inapplicable to Sublessee.
B. In the event of cancellation or termination of
the Main Lease prior to the expiration date
thereof and prior to the expiration date of
this Sublease or any extensions and renewals
thereof, or in the event of the surrender
thereof, whether voluntary, involuntary, or by
operation of law, the Sublessee shall make
full and complete attornment to the Landlord
for the balance of the term of this Sublease ,
including any extensions and renewals thereof,
on the same covenants and conditions as are
contained herein, so as to establish direct
privity of estate and contract between the
Landlord and the Sublessee and with the same
force and effect as though this Sublease was
originally made directly from the Landlord to
the Sublessee. The Sublessee shall make all
rent payments thereunder directly to the
Landlord. The Sublessor represents that the
Landlord has covenanted that, in the event of
the cancellation, termination, expiration , or
surrender of the Main Lease , the Landlord will
accept the sublessee , its successors and
assigns , as its Lessee for a period equal to
the full unelapsed portion of the term of this
Sublease , including any extensions and
renewals thereof, and on the same covenants
and conditions as are contained herein, and
the Landlord will thereafter become the Lessor
under this Lease.
C. Insofar as the provisions of the Main Lease do
not conflict with specific provisions herein
contained, they and each of them are incor-
porated into this Sublease as fully as if
completely rewritten herein , and the Sublessee
agrees to be bound to the Sublessor by all of
the terms of the Main Lease and to assume
toward Sublessor and perform all of the obli-
gations and responsibilities that Sublessor by
the Main Lease assumes toward the Landlord,
and to indemnify and hold harmless Sublessor
from any claim or liability under the Main
Lease except for payment of rental by
Sublessor to the Landlord as provided in the
Main Lease. The relationship between the
Sublessee and Sublessor hereunder shall be the
same as that between the Sublessor and the
Landlord under the Main Lease.
12. Limitation of Liability and Indemnity. Sublessee
agrees to indemnify and hold Sublessor and Landlord harmless of ,
from, and against all claims, actions , damages , liabilities , and
expenses asserted against the Sublessor and/or Landlord on
account of injuries to person or damage to property when and to
the extent that any such danger or injury may be caused , either
proximately or remotely, wholly or in part by any act or
omission, whether negligent or not, of Sublessee or any of its
//7
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agents, servants, employees , contractors , patrons , or invitees
(while such invitees are on the Leased Premises ) , or of any other
person entering on the Leased Premises under or with the
expressed or implied invitation of Sublessee , or if any such
injury or damage may in any other way arise from or out of the
occupancy or use by Sublessee , its agents, employees , and invi-
tees , of the Leased Premises. This paragraph is for the benefit
of the Sublessor and Landlord of the Leased Premises only, and no
right of action shall accrue hereunder to any third party by way
of subrogation or otherwise.
13. General Provisions.
A. This Sublease shall not be modified , changed
or altered in any respect except in writing.
B. The covenants, agreements, and obligations
herein contained shall extend to, bind and
inure to the benefit not only of the parties
hereto but their heirs , personal representa-
tives ,
epresenta-
tives , successors , and assigns.
C. Whenever under this Sublease , a provision is
made for notice of any kind, such notice shall
be in writing and signed by or on behalf of
the party giving or making the same , and it
shall be deemed sufficient notice and service
thereof , if such notice is sent by registered
or certified mail , postage prepaid , to the
address furnished for such purpose. All noti-
ces to be given to the Sublessor hereunder
shall be given to Frankel & Associates, Inc. ,
1800 Washington Avenue , 8th Floor, Miami
Beach, Florida 33139 , with a copy to its
attorney, Marjorie F. Robbins , Esq. , Lazan,
Tru to , Moss, Robbins & Howard, 1090 Kane Con-
course , Suite 202, Bay Harbor Islands , Florida
33154, unless and until some other place is
designated in writing by the Sublessor. Not i-
c ies to be given to Sublessee he reun•e r shall,
begiven to it at / e./' �:.,�f d / 1f ‘G
;fizz_ •
unless a d until some ' •ther place is desig-
nated in writing by Sublessee.
14. Improvements. Any and all improvements to the
Subleased Premises shall be made at the Sublessee ' s expense , and
the Sublessor shall have no responsibility or liability therefor.
Sublessee covenants and agrees that Sublessee will not make any
alterations , improvements or additions to the Subleased Premises
during the term of this Sublease without first obtaining the
written consent of the Sublessor, not to be unreasonably with-
held. All alterations , improvements and additions made by
Sublessee shall remain upon the Subleased Premises at the expira-
tion or earlier termination of this Sublease and shall become the
property of the Sublessor.
IN WITNESS WHEREOF, the parties hereto have executed
/17
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this Sublease Agreement on the day and year first above written.
WITNESSES : _1 --)
FRANKEL & ASSO IA E , INC `
, Sublessor :, ., - -
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EXHIBIT '
LEASE AGREEMENT 3EfiOEEN
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ORIGINAL
ESOLUTION O. 92-20469
authorizing the Mayor and City Clerk to
execute a consent to the Sublease of the
entire seventh (7th) floor of Historic City
Hall from Frankel & Associates, Inc. to
International Talent Corp.
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