700-2024 RDA RESOLUTION NO. 700-2024
A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE
MIAMI BEACH REDEVELOPMENT AGENCY (RDA), AUTHORIZING
THE EXECUTIVE DIRECTOR AND SECRETARY TO EXTEND, ON A
YEAR TO YEAR BASIS, SUBJECT TO TERMINATION BY THE RDA,
THE EXISTING LEASE AGREEMENT BETWEEN THE RDA
(LANDLORD) AND THE MIAMI BEACH CHAMBER OF COMMERCE
(TENANT) FOR USE OF APPROXIMATELY 721 SQUARE FEET OF
GROUND FLOOR RETAIL SPACE AT THE ANCHOR SHOPS GARAGE,
LOCATED AT 100 16TH STREET, SUITE NO. 6, MIAMI BEACH,
FLORIDA.
WHEREAS, pursuant to Resolution No.655-2021, the Miami Beach
Redevelopment Agency (RDA) entered into a Lease dated May 26, 2021, with the Miami
Beach Chamber of Commerce (Tenant)for approximately 721 square feet of ground floor
retail space at the Anchor Shops, located at 100 16th Street, Suite No. 6, (Premises); and
WHEREAS, the lease included an initial term of one (1)year with two (2) additional
one (1) year renewal terms at the option of the RDA; and
WHEREAS, on December 20, 2021, the Tenant and Landlord executed the first
renewal term of the agreement, commencing on January 1, 2022, and ending on
December 31, 2022; and
WHEREAS, on September 28, 2022, the Tenant and Landlord executed the
second renewal term of the agreement, commencing on January 1, 2023, and ending on
December 31, 2023; and
WHEREAS, on July 25, 2023, the Tenant and Landlord entered into a month-to-
month agreement to extend the current term based upon the current financial terms,
commencing on January 1, 2024, and ending on December 31, 2024; and
WHEREAS, the Convention Center Hotel is currently under construction; and
WHEREAS, the Tenant intends to relocate its offices into the Convention Center
Hotel upon the completion of construction; and
WHEREAS, until the Convention Center Hotel is completed, an extension of the
current lease terms on a year-to-year basis is necessary; and
WHEREAS, the Executive Director recommends that the Chairperson and
Members of the Committee approve the year to year extension, subject to termination by
the RDA, of the existing lease agreement between the Miami Beach Redevelopment
Agency (Landlord) and Miami Beach Chamber of Commerce.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRPERSON AND
MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, FLORIDA, that the
Chairperson and Members of the Miami Beach Redevelopment Agency hereby authorize
the Executive Director and Secretary to extend, on a year to year basis, subject to
termination by the RDA, the existing lease agreement between the RDA and the Miami
Beach Chamber of Commerce for use of approximately 721 square feet of ground floor
retail space at the Anchor Shops Garage, located at 100 16th Street, Suite No. 6, Miami
Beach, Florida.
PASSED AND ADOPTED this .9 day of GI.PO!✓ 2024.
Steven Meiner, Chairperson
ATTEST:
7)1 NOV 0 5 2024
Rafael E. Granado, Secretary
APPROVED AS TO
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Redevelopment Agency Items (RDA) 5
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Eric Carpenter, Executive Director
DATE: October 30, 2024
TITLE: A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH
REDEVELOPMENT AGENCY (RDA), AUTHORIZING THE EXECUTIVE
DIRECTOR AND SECRETARY TO EXTEND, ON A YEAR TO YEAR BASIS,
SUBJECT TO TERMINATION BY THE RDA, THE EXISTING LEASE AGREEMENT
BETWEEN THE RDA (LANDLORD) AND THE MIAMI BEACH CHAMBER OF
COMMERCE (TENANT) FOR USE OF APPROXIMATELY 721 SQUARE FEET OF
GROUND FLOOR RETAIL SPACE AT THE ANCHOR SHOPS GARAGE, LOCATED
AT 100 16TH STREET, SUITE NO. 6, MIAMI BEACH, FLORIDA.
RECOMMENDATION
The Executive Director recommends that the Chairperson and Members of the Miami
Beach Redevelopment Agency approve the year-to-year extension, subject to termination
by the RDA for the existing Lease Agreement between the Miami Beach Redevelopment
Agency (Landlord).and Miami Beach Chamber of Commerce (Tenant).
BACKGROUND/HISTORY
Pursuant to Resolution No. 655-2021, the Miami Beach Redevelopment Agency (RDA)
entered into a Lease Agreement dated May 26, 2021, with the Miami Beach Chamber of
Commerce (MBCC) (Tenant) for approximately 721 square feet of ground floor retail
space at the Anchor Shops, located at 100 16th Street, Suite No. 6 (Premises). Said
Lease Agreement has an initial term for one (1) year with two (2) additional one (1) year
renewal terms at the option of the RDA.
On December 20, 2021, the Tenant and Landlord executed the first renewal term of the
Lease Agreement, commencing on January 1, 2022, and ending on December 31, 2022.
On September 28, 2022, the Tenant and Landlord executed the second renewal term of
the Lease Agreement, commencing on January 1, 2023, and ending on December 31,
2023. On July 25, 2023, the Tenant and Landlord entered into a month-to-month
agreement to extend the current term based upon the current financial terms,
commencing on January 1, 2024, and ending on December 31, 2024.
ANALYSIS
The Convention Center Headquarter Hotel (the Hotel project) is currently under
construction. The City understands, once the Hotel project is completed, the Tenant
intends to relocate its office there.
Accordingly, during the remainder of the construction, and until the Convention Center
Headquarter Hotel is complete, an ongoing extension of the current Lease Agreement
Page 2425 of 2497
terms on a year-to-year basis, and subject to termination by the RDA would be necessary
to accommodate the Tenant.
FISCAL IMPACT STATEMENT
N/A
Does this Ordinance require a Business Impact Estimate?
(FOR ORDINANCES ONLY)
If applicable,the Business Impact Estimate (BIE)was published on:
See BIE at: https:llwww.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
In consideration of the foregoing, the Executive Director recommends that the
Chairperson and Members of the Redevelopment Agency approve the year-to-year
extension subject to termination by the RDA for the current Lease Agreement between
the Miami Beach Redevelopment Agency (Landlord) and Miami Beach Chamber of
Commerce (Tenant).
Applicable Area
South Beach
Is this a "Residents Right to Know" item, Is this item related to a G.O. Bond
pursuant to City Code Section 2-17? Project?
No No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481,
includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
Facilities and Fleet Management
Sponsor(s)
Co-sponsor(s)
Condensed Title
Page 2426 of 2497
Extend MB Chamber of Commerce Lease (Year-to-Year Basis), 100 16th Street. FF
Page 2427 of 2497