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713-2025 RDA . _-_.____-._ / .-_- I�f\ 1 RESOWTION NO:� 713-2025 " , A RESOLUTION OF THE CHAIR AND BOARD OF DIRECTORS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), ACCEPTING THE RECOMMENDATION OF THE CITY'S FINANCE AND ECONOMIC � RESILIENCY COMMITTEE (FERC) AND APPROVING, IN SUBSTANTIAL FORM, A LEASE AGREEMENT BETWEEN THE RDA (LANDLORD) AND MIAMI-DADE COUNTY OFFICE OF THE TAX COLLECTOR (TENANT), FOR USE OF APPROXIMATELY 3,955 SQUARE FEET OF GROUND FLOOR RETAIL SPACE AT THE ANCHOR SHOPS AND GARAGE, LOCATED AT,100 16TH STREET, UNIT 1-5 (PREMISES), FOR A PERIOD OF NINE (9) YEARS AND THREE HUNDRED AND SIXTY-FOUR (364) DAYS; FURTHER, AUTHORIZING THE EXECUTIVE DIRECTOR TO FINALIZE THE LEASE AGREEMENT; AND FURTHER, AUTHORIZING THE EXECUTIVE DIRECTOR AND SECRETARY TO EXECUTE THE FINAL NEGOTIATED LEASE AGREEMENT. , WHEREAS, the Miami Beach Redevelopment Agency (the "RDA") is a public body corporate and politic, which owns the facility commonly known as the "Anchor Shops and Garage," containing a municipal parking garage and ground floor retail spaces ("Retail Space"), bounded by Washington Avenue and Collins Avenue in the proximity of 16th Street(the"Facility"); and WHEREAS, following the lease expiration of the previous Tenant(Mr. R Sports) in 2022, the Retail Space located at 100 16th Street, Suite Nos. 1-5, Miami Beach, Florida 33139 ("Premises") remained vacant, prompting the City, on behalf of the RDA, to begin marketing the space for lease; and - WHEREAS, a Market Rent Analysis from CBRE determined that the market rent for comparable spaces is $54.00 per square foot on a triple net (NNN) basis; and WHEREAS, after exploring various leasing options, the RDA commenced negotiations with Miami-Dade County Office of the Tax Collector, which resulted in a Letter of Intent (LOI) outlining the following essential terms for a new Lease Agreement("Lease"): Landlord: Miami Beach Redevelopment Agency(RDA) Tenant: Miami-Dade County Office of the Tax Collector . Premises: Approximately 3,955 square feet located at 100 16 Street, Unit 1-5, Miami Beach, FL 33139. Term: Nine (9)years and three hundred and sixty-four(364) days. Lease Commencement: Lease Commencement shall be upon mutual execution of a Lease Agreement. Rent Commencement: Rent Commencement Date shall be the earlier of: Tenant opening for business with all required permits issued by local authorities; or (a) Three hundred sixty-five (365) days after Delivery Date, subject to Landlords Delays. Base Rental Rate: $54.00 per rentable square foot, triple net (NNN), plus applicable sales tax. Annual Rent Increases: Three percent(3%)annually, commencing January 1, 2027. Rent Abatement: � Base Rent shall be abated ("Abatement") for the first ten (10) months after Rent Commencement Date — subject to Landlord's Dealy as defined herein. NNN Charges: The Tenant shall be responsible to pay its proportionate share of the actual expenses necessary to operate the Premises, including but not limited to insurance, common area maintenance, etc. For this Lease, the NNN charges for Year one (1) of the Lease Term shall be $14.00 per square foot plus applicable sales tax, subject to true-up at the end of Year one (1) based upon Tenant's actual proportionate share of operating expenses for Year one (1). However, the controllable portion of building's operating expenses shall not increase more than 5% in any calendar year during the Lease Term. Use: Tenant shall use the Premises as a Miami-Dade County Tax Collector's office, serving as an agent for the Florida Department of Highway Safety & Motor Vehicles. Services ' will include vehicle registration renewals, tax payments, business tax processing, electronic title management, specialty license plate issuance, and driver license renewals, or as otherwise detailed and approved in writing by the Landlord. Delivery Conditions: The Premises shall be delivered in "As-Is" condition. Tenant's Work: To be determined (TBD) Signage: Subject to Landlord approval and compliance with City of Miami Beach signage criteria. Landlord Responsibilities: Landlord will keep in good condition and in good working order, repair and replace�( as necessary) the following portions of the Retail Space and Premises: i. The structural components of the Retail Space, including structural, party and load-bearing walls, the roof, roof inembrane, foundation and columns ii. Maintain, repair or replace all of the Retail Space's common areas iii. All fire alarms and sprinklers, where applicable due to wear and tear, code requirements or annual inspections. Tenant is responsible for alterations, repairs, relocation of fixtures, etc. due to Tenant's construction, redesign of the Premises, negligence or other related causes imposed by Tenant. Tenant Responsibilities: With the exception of base building, roof and foundation, which are the obligation of the Landlord, Tenant is responsible for maintaining and repairing (i) the portion of any pipes, lines, ducts, wires, or conduits contained within the Premises including, without limitation, interior plumbing and electrical installation, (ii) windows, plate glass, doors, any fixtures or appurtenances composed or glass ,_ � (including,without limitation, interior and exterior washing of windows; (iii) Tenan's sign; (iv) electrical systems; and (v) any heating or air conditioning equipment serving the Premises ("HVAC"), which shall include, without limitation, a preventive maintenance HVAC service contract no less than monthly. ' Utility: Tenant shall pay for its own utility usage, beginning upon Delivery Date. Parking: The City of Miami Beach Parking Department will provide up to forty (40) parking passes per month. Each parking pass will be priced at$132.00 per month and subject to an annual CPI adjustment. Right To Early Occupancy: Upon Delivery Date, Tenant shall be permitted access to the � Premises for the purposes of planning, permitting, and, perForming tenant improvements at no charge prior to the Rent Commencement Date for such purposes. WHEREAS, the proposed Lease structure 'is expected to generate an estimated $2,169,680.30 in ba`se rent and $562,509.71 in operating expenses over the Term, resulting in approximately $2,732,190.00 in total revenue forthe City; and WHEREAS, the Lease terms ensures long-term financial benefits for the RDA and guarantees continued accessibility to critical public services for Miami Beach residents; and WHEREAS, the Finance and Economic Resiliency Committee (FERC) reviewed this item at its June 4, 2025 meeting and recommended approval of the Lease with Miami-Dade County Office of the Tax Collector based on the terms and conditions outlined herein; and WHEREAS, based on the competitive rental rate and favorable lease terms, the Executive Director recommends accepting the recommendation of FERC, and approving, in substantial form, the proposed Lease Agreement, a draft copy of which is attached to the RDA Memorandum accompanying this Resolution as Exhibit "B"; authorizing the Executive Director to finalize the Lease Agreement; and "authorizing the Executive Director and Secretary to execute the final negotiated Lease Agreement. N01iV, THEREFORE, BE IT DULY RESOLVED BY THE CHAIR AND BOARD OF DIRECTORS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, that the Chair and Board of Directors of the Miami Beach Redevelopment Agency (RDA) hereby accept the recommendation of the City's Finance and Economic Resiliency Committee and approve, in substantial form, a Lease Agreement between the RDA(Landlord)and Miami-Dade County Office of the Tax Collector (Tenant), for use of approximately 3,955 square feet of ground floor retail space at the Anchor Shops and Garage, Iocated at 100 16th Street, Unit 1-5, for a period of nine (9) years and three hundred sixty-four (364) days; further, authorize the Executive Director to finalize the Lease Agreement; and further, authorize the Executive Director and Secretary to execute the final negotiated Lease Agreement. PASSED and ADOPTED this�day of ✓N ' 2025. ATTEST: . / �uL 3 t aa25 Rafael E. Granado, Secretary Steven Meiner, Chair (Sponsored by Steven Meiner, Chair, and Alex J. Fernandez, Director; and Co-sponsored by Kristen Rosen Gonzalez, Director; Laura Dominguez, Director; David Suarez, Director; Tanya K. Bhatt, Director; and Joseph Magazine, Director) ,,,,,,,,� -���B,�cti -. . ' ���° � ' % ' =1NCORP ORATED' : : � �i�: ''.,,?j: .:�� ,,q�,c1H 2�`;�,- APPROVED AS TO FORM & LANGUAGE XECUTION -�)�oJa�z�' Redevelopment Agenc ' General Counsel� Redevelopment Agency Items (RDA) 2 � �A l( Y 1 � ����1 1 COMMISSION MEMORANDUM TO: Honorable Chair and Board of Directors FROM: Eric Carpenter, Executive Director DATE: July 23, 2025 , 1Q:01 a.m. Public Hearing TITLE: A RESOLUTION OF THE CHAIR AND BOARD C�F DIRECTORS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), ACCEPTING THE RECOMMENDATION OF THE CITY'S FINANCE AND ECONOMIC RESILIENCY COMMITTEE (FERC) AND APPROVING, tN SUBSTANTIAL FORM, A LEASE AGREEMENT BETWEEN THE RDA (LANDLC?RD} AND MIAMI-DADE COUNTY OFFICE OF THE TAX COLLECTOR (TENANT), FOR USE OF APPROXIMATELY 3,955 SQUARE FEET OF GROUND FLOOR RETAIL SPACE AT THE ANCHOR SHOPS AND GARAGE, LOCATED AT 1(�0 16TH STREET, UNIT 1-5 (PREMISES), FOR A PERiOD OF NINE (9) YEARS AND THREE HUNDRED AND SIXTY-FOUR (364) DAYS; FURTHER, AUTHORIZING THE EXECUTIVE DIRECTOR TO FINALIZE THE LEASE AGREEMENT; AND FURTHER, AUTHORIZING THE � EXECUTIVE DIRECTOR AND SECRETARY. TO EXECUTE THE FfNAL NEGOTIATED LEASE AGREEMENT. RECOMMENDATION The Administration recommends the Chair and Board of Directors of the PVliami Beach Redevelopment Agency accept the recommendation from the Finance and Economic Resiliency Committee, approving a new Lease with the Pvliami-Dade County Tax Collector's Office. BACKGROUPID/HISTORY , The Miami Beach Redevelopment Agency (the RDA (Landlord) is the owner of a facility � containing a Municipa( parking garage ("Garage"}and certain retail spaces ("Retail Space") bounded by Washington Avenue and Collins Avenue in the proximity of 16t'' Street(the "Facility"), which includes approximately 3,955 square feet of ground floor retail space. � Foliowing the lease exprration of the previous Tenant(Mr. R Sports) in 2022, the premises remained vacant. The City, on behalf of the RDA, began marketing the space ior lease upon its vacancy. The City also requested a Market Rent Analysis from CBRE for comparable spaces. As per their analysis, the market rent for corr�parable space is$54.00 per square foot, on a triple net(NNN) basis. � Initially, the Landlord utilized CBRE's services to secure prospective tenants. However, after not receiving any viable leads, the Landlord decided to market the space under its own program. In 2023, leasing efforts were halted, pending the final decision of the South Shore Community Center, in the event these vacancies would be needed fo relocate Tenants to this property. Recently, the Landlord started negotiations with Miami-Dade County Tax Collector's Office. Attached hereto as Exhibit A is the Letter of intenf (LOI), containing the below basic terms and conditions of the proposal for use of a portion of the Retail Space. Landlord: Miami Beach Redevelopment Agency (RDA) 1654 of 1791 Tenant: Miami-Dade County Tax Collector's Office Premises: Approximately 3,955 square feet located at '100 16 Street, Unit 1-5, Miami Beach, FL 33139. Term: Nine (9)years and three hundred and sixty-four (364} � days. Lease Commencement: Lease Commencement shall be upon mutual execution of a Lease Agreement. Rent Commencement: Rent Commencement Date shall be the earlier of: (a) Tenant opening for business with all required permits . , issued by local authorities; or (b) Three hundred sixty-five (365)days after Delivery Date, subject to Landlords Delays Base Rental Rate: $54.00 per rentab(e square foot, tripfe net (NNN), pius app(icabfe safes tax. Annual Rent Increases: Three percent (3%) annual(y, commencing January 1, , 2027. � Rent Abatement: Base Rent shall be abated ("Abatemenf"}for the first ten (10) months after Rent Commencement Date—subject to Landlord's delays. NNN Charges: The Tenant shall be responsible to pay its proportionate share of the actual expenses necessary to operate the Premises, including but not limited to insurance, common area maintenance, etc. For this Lease, the NNN charges for Year 1 of the Lease Term shall be $14.00 per square foot plus applicable sales tax, subject to true-up at the end • of Year 1 based upon Tenant's actual proportionate share of operating expenses for Year 1. However, the , controllable portion of building's operating expenses shall not increase more than 5°/a in any calendar year during the Lease Term. ' f Use: Tenant shall use the Premises as a Miami-Dade County � . Tax Collector's office, serving as an agent for the Florida � Department of Highway Safety & Motor Vehicles. Services 1655 of 1791 will include vehicle registration renewals, tax payments, business tax processing, electronic title management, specialty license plate issuance, and driver license renewals, or as otherwise detailed and approved in writing by the Landlord. . Delivery Conditions: The Premises shall be delivered in "As-Is" condition. Tenant's Work: To be determined (TBD) Signage: Subject to Landlord and City of Miami Beach signage criteria. Right to Assign or Sublease: To be further addressed in the Lease and with Landlord's written consent. Landlord Responsibilities: Landlord will keep in good condition and in good working order, repair and replace ( as necessary)the following portions of the Retail Space and Premises: i. The structural components of the Retail Space, including structural, party and load-bearing walls, the roof, roof inembrane, foundation and columns ii. Maintain, repair or replace all of the Retail Space's common areas iii. All fire alarms and sprinklers, where applicable due to wear and tear, code requirements or annual inspections. Tenant is responsible for alterations, repairs, relocation of fixtures, etc. due to Tenant's construction, redesign of the premises, negligence or other related causes imposed by Tenant Tenant Responsibilities: With the exception of base building, roof and foundation, which are the obligation of the Landlord, Tenant is responsible for maintaining and repairing (i)the portion of any pipes, lines, ducts, wires, or conduits contained within the Premises including, without limitation, interior plumbing and electrical installation, (ii)windows, plate glass, doors, any fixtures or appurtenances composed or glass (including, without limitation, interior and exterior washing of windows; (iii)Tenan's sign; (iv) electrical systems; and (v) any heating or air conditioning equipment serving the Premises ("HVAC"), which shall include, without limitation, a preventive maintenance HVAC service contract no less than monthly. 1656 of 1791 Quiet Enjoyment: Tenant shall have peaceful possession of the Premises provided all lease obligations are met. Utility: Tenant shall pay for its own utility usage, beginning upon Delivery Date. Parking: The City of Miami Beach Parking Department will provide up to forty (40} parking passes per month. Each parking pass will be priced at$132.00 per month and subject to an annual CPI adjustment. Right To Early Occupancy: Upon Delivery Date, Tenant shall �,e permitted access to the Premises for the purposes of planning, permitting, and perForming tenant improvements. Tenant shall comply with all the terms and conditions of the Lease; however, Tenant shall have access to the Premises at no charge prior to the Rent Commencemenf Date for such purposes. As contained in said Letter of Intent, the Base Rental Rate is $54.00 per square foot, with three percent (3%) annual increases. The Operating Expenses for the Anchor Shops building are estimated at $14.00 per square foot for 2025. The schedule of Base Rent and Operating Expenses due over the initial term are illustrated in the following chart: Square Feeh 3,955 Base Rent: S 5�.00 Annual Inuease: 3�i6 PSF Monthty Annual Totat PSF Monthly Mnual Operating Operat(ng Operating Base Rent 1Jg,as Base e e Rent Base Rent Expenses �enses Exaenses 6 Onex 1 $ 51.00 S 17,797.50 S 213,570.00 S 14.00 S d,614.17 S 55,370,00 S 266.940.a0 2 S 55.62 S 18,331.43 $ 219,977.10 3 1d.42 S d.752.59 $ 57,031.10 S 2TI.Q08.20 3 $ 57.29 3 18,8$1.37 $ 225,576.d1 $ 1A.85 S 4,895.17 S 58.7d2.03 S 285,318.A5 4 S 59.01 S 19,447_81 3 233.373.71 S 15.30 S S.US2.42 $ fiU.50A.29 $ 293,g7&.QQ 5 $ 60.78 S 20.031.24 S 240,374.92 S 15.76 S 5,193.29 S 62,319.42 S 302,694.3! 6 $ 62.60 S 20,632.28 $ 247,5$6.I6 $ I6.23 S 5,349.08 S 64.189.01 $ 311,775.17 7 $ 64.48 $ 21,251.15 S 255,013.75 $ 16.72 S 5,509.56 $ 65.114.68 S 321,128,A2 s S ss.ai S 2i,sss.6a g zs2.ssa.is S i�.22 S s,s�a.sa S 68,o9a.i2 S �o,�s2.2s 9 $ 68.41 S 22,545.34 $ 270,544.09 $ 17.73 $ 5,845.09 S 70,id1.06 S 340,685,15 $2,169,680.30 S562,509.71 3 2,732,190.00 ANALYSIS 1657 of 1791 � The proposed lease includes a base renta! rate of$54.00 per square foot, totaling approximately $213,570.00 annually in Year 1, with an annual increase of 3%. In addition, the estimated Operating Expenses are $14.00 per square foot, or approximately $55,370.00 annually, subject to increases based on market rates. Over the nine-year lease term, the proposed rent structure is expected to generate an esfimated $2,169,680.30 in base rent and $562,509.71 in operating expenses, for a tofal of approximately $2,732,190.00 in revenue for the City. Rent commencement wiif occur on tlie earlier of Tenant opening for business with all required permits issued by local authorities; or three hundred sixty- five (365} days after Delivery Date, subject to Landlords Delays. Additionally, the Tenant will receive a ten (10) month rent abatement period, allowing sufficient time for securing permits and completing the build-out of the space. F(SCAL IMPACT STATEMENT N/A Does this Ordinance require a Business Impact Estimate? (FOR ORDlNANCES ONLY) If applicable, the Business Impact Estimate (81Ej was published on: See BIE�at: https://www.miamibeachfLqov/city-halUcitv-cterk/meetinq-notices/ FINANCIAL INFORMATION CONCLUSION The Administration recommends that the Chair and Board of Directors of the Miami Beach Redevelopment Agency (RDA) hereby accept the recommendation of the City's Finance and Economic Resiliency Committee and approve, in substantial form, a Lease Agreement between � the RDA (Landlord) and Miami-Dade County Office of the Tax Collector (Tenant), for use of approximately 3,955 square feet of ground floor retail space at the Anchor Shops and Garage, located at 100 16th Street, Unit 1-5, for a period of nine (9) years and three hundred sixty-four {364)days;further, authorize the Executive Director to finalize the Lease Agreement; and further, authorize the Executive Director and Secretary to execute the final negotiated Lease Agreement. Applicable Area South Beach Is this a "Residents Riqht to Know" item, Is this item related to a G.O. Bond pursuant to Citv Code Section 2-17? Proiect? No No Was this Aqenda Item initiallv requested bv a lobbvist which, as defined in Code Sec. 2-481, includes a principal enQaqed in lobbvinp? No 1658 of 1791 If so, specify the name of lobbyist(s)and principal(s): Department Facilities and Fleet Management Sponsor(s) Commissioner Afex Fernandez Co-sponsor(s) Condensed Title 10:01 a.m. PH, New Lease with Miami-Dade County Tax Collector's O�ce. (Fernandez) FF Previous Action (For Citv Clerk Use OnfY1 1659 of 1791 \ t; g�•� J� Ar`^-• i p � ) Y i���i� � �y t�`�� � J� :>> � � �a� ��� � ��`� �.:. a �� City of Mlami Beach,1700 Convention Center Drive,t�1iami 8each,F133139,www.miamibeachft.gov FACILI7IES AND FLEET MANAGEMENT DEPARTMENT Assat ManagemanC Division TeL•305-673-7193 � May 8, 2025 VIA EMAlL: Mr.Andrew Lopez Assistant Tax Coilector Office of the Tax Collector 200 NW 2nd Ave Miami, FL 33128 Re: Proposal to Lease ("LOI") Premises Located At 10016 St., Units 1-5 Miami BeacF�, FI 33139 ("Premises"), located within the Anchor Shops and Garage ground floor retail space ("Retail Space"�. Dear Mr. Lopez: The Miami Beach Redevelopment Agency (RDA) ("Landford") is pleased fo submif fhis Letter of Intent to the Miami-Dade County Tax Collector's Office ("Tenanf") regarding a proposed lease agreement at the property referenced below. This Proposal outlines the key terms under which the Tenant would lease space from the Landlord, contingent upon Landlord and Tenant executing a Lease Agreement ("Lease"} within six (6) months from the date of this LOI. BUILDtNG NAME AND ADDRESS: Anchor Shops and Garage at 100 16 St. Units 1-5 Miami Beach, FL 33139 ("Building") TENAN7: Miami-Dade County Tax Collector's Office USE: Tenant shall use the Premises as a Miami-Dade County Tax Collector's office, serving as an agenf for the Florida Department of Highway Safety & Motor Vehicles. Services , wil( include vehicie registration renewals, tax payments, business tax processing, electronic title management, specialty license plate issuance, and driver license ' renewals, or as otherwise detailed and approved in writing ' by the Landlord. EXCLU5IVE USE: No other retailers with similar and related products or services to the Approved Use wil( lease or subfease space in fhe Building. To be further addressed in the Lease document. PREMISES: 3,955 rentable square feet located in the above-referenced Retail Space ("Premises"). The exact', rentable square footage may be subject to TenanYs review of the Building's Wa ara commrtted to providingexcetlent pub(ic and salery ro al(who ftve,work and play�n our vlbrent tropica(historic community 1660 of 1791 f�� � F� fri 5i_ � � � ��, �" 1�. ri;� i �--> �� ,��+�. � � ,� � � i 1! y � 1 .��' �__,+ ti '�� ��� Clry ot Mtami Beach,1700 Convention Center Drive,Miami Beach,FL 33139,www.miamibeachfl.gov FACILITIES AND FLEET MANAGEMENT DEPARTMENT Asset Management Division Tel:305-673-7193 site plan(s), prepared and certified by a licensed architect (retained by Tenant). LEASE TERM: Nine (9) years and Three Hundred and Sixty-Four Days. (364) RENEWAL: No Renewal. LEASE CaMMENCEMENT DATE: Lease Commencement shail be upon mutual execution af a Lease document. DELIVERY DATE: TBD DELIVERY CONDITIONS ON DELIVERY DATE: The Premises shall be delivered to Tenant on Delivery Date in As-Is condition. RENT COMMENCEMENT DATE: Rent Commencement Date shall be the earlier of: (a) Tenant opening for business with all required permits issued by local autho�ities; or (b) Three hundred sixty-five (365) days after Delivery Date, subjecf to Landlords Delays RIGHT TO EARLY OCCIIPANCY: Upon Delivery Date,Tenant shall be permitted access to the Premises for the purposes of planning, permitting, and performing tenant improvements. Tenant shall comply with all the terms and conditions of the Lease; however, Tenant shall have access to the Premises at no charge prior to the Rent Commencement Date for such purposes. � BASE RENT (NNN): - $54.00 per rentable square foot per year, triple net(NNN). NNN CHARGES: The Tenant shall be responsible to pay its proportionate share of the actual expenses necessary to operate the Premises, including but not limited to, insurance, common area maintenance, etc. For this Lease,the NNN charges for Year 1 of the Lease Terms shall be $14.00 per square foot plus applicable sales tax, subject to true-up at the end of Year 1 based upon Tenant's actual proportionate share of operating expenses for Year 1. However, the controllable We are commltted[o provldingexce([en[pub(ic and safety to afl who five,work and p(ayrn our vibranf troplcal hlstoric community 1661 of 1791 ��5�1�1 � i�R�E��Jt� � �.��`._, �#A�'�ti�'�..,,� ��:� City of Mlami Beach,1700 Gonvention Center Drive,Miami Bench,FL 33139,vrnrw.miemibeachil.�ov FACILITfES AND FLEET MANAGEMENT DEPARTMENT Asset Management Division Tel;305-673-7193 � portion of building's operating expenses shall not increase more than 5% in any calendar year during the Lease Term. BASE RENT INCREAS�: The Base Rent shall be increased annually by three percent (3.0%) per year commencing with January 1, 2027. RENT ABATEMENT: Base Rent shall be abated("Abatement")for the first ten(10) months after Rent Commencement Date - subject to Landlord's Delay as defined herein. TENANT IMPROVEMENT ALLOWANCE: UT(LITIES: Tenant shall pay for its own utility usage, beginning upon Delivery Date. TENANT'S WORK: TBq - SECURITY DEPOSIT: N/A PARKING: The City of Miami Beach Parking Department will provide up to forty (40) parking passes per month. Each parking pass will be priced at$132.00 per month and subject to an annual CPI adjustment. SIGNAGE: Tenant signage to follow the Landlord end City of Miami Beach signage criteria. RIGHT T�ASSIGN THE LEASE OR SUBLEASE THE PREMISES: To be further addressed in the Lease arid ALWAYS wifh Landlord's written consent. QUIET ENJOYMENT: Provided thatTenant performs all of its obligations underthe Lease, Tenant shall have the right to peaceably enjoy the Premises during the Term of the Lease, subject to all of the terms and conditions contained in the Lease. RESTORATI�N: To be addressed further in the Lease. OTHER LANDLORD RESPONSIBILITIES: Landlord will keep in good condition and in good working order, repair and replace (as necessary) the following portions of the Retail Space and Premises: � i. The structural components of the Retail Space, including structural, party and load-bearing walls, the roof, roof inembrane, foundation and columns. We are commit[ed to providingexcef(en[public end safety to atf who five,woik and play ln ou�vi6rent tropfcal historic community 1662 of 1791 �'��lrl � �`��'�,��t I �`+� �:.:.����. �_�� : City of Miami Beach,1700 Conven[ion Center Drive,Miami Beach,FL 33139,www.miemibeachfl.gov FACILITIES AND FLEET MANAGEMENT DEPARTMENT Asset Management Division Tel:305-673-7193 ii. Maintain, repair or replace all of the Retail Space's common areas; iii. All fire alarms and sprinklers, where applicable due � to wear and tear, code requirements or annual inspections. Tenant is responsible for alterations1 repairs relocation of fixtures, etc. due to Tenant's construction redesiqn of the premises, neql(qence or other related causes imposed bv Tenant. TENANT MAINTENANCE RESPONSIBILITIES: With the exception of base building, roof and foundation, which are the obligation of the Landlord, Tenant is responsible for maintaining and repairing (i) the portion of any pipes, lines, ducts, wires, or conduits contained within the Premises including, without limitation, interior plumbing and electrical installations, (ii) windows, plate glass, doors, and any fixtures or appurtenances composed of glass (including, without limitation, interior and exterior washing of windows; (iii� Tenant's sign; (iv) electrica! systems; and (v) any heating or air conditioning equipment serving the . Premises ("HVAC"), which shall include,without limitation, a preventive maintenance HVAC service contract no less than monthly). BROKERAGE: N/A , It is to he strictly understood and agreed to by all parties involved that all the terms and conditions of this Proposal are only an outline of major contemplated Lease provisions and that these terms and conditions do not constitute a legally binding agreement between the parties to enter a new Lease agreement or renew an existing Lease. Neither the Tenant nor the Landlord shall have any contractual obligation resulting from sending or receiving this Proposal, nor shall either party incur in any obligation or liability untit a Lease and all related documents have been approved by the Mayor and City Commission of the City of Miami Beach and fufly executed and property exchanged by/between all parties. !n the event a Lease document cannat be agreed upon and/or executed by all parties, or the parties do not approve the transaction hereto, regardless of the reason, then neither party shall have any liability hereunder nor shall have any obligation to continue discussions or negotiations for such Lease, notwithstanding that either or both parties may expend substantial efforts and sums in anticipation of entering a Lease ohligation in a document. We are committed to providing excellent pubtic and salety to al!who(lve,work and playln our vibrant tropical historic community 1663 of 1791 ! :�� � �!��.�r� � �� ��. �� ��� ��;� �Y �b � � Clty of Miami Beach,�700 Convention Center Drive,Miami Beach,FL 33139,ww�v.miamibeachfl.gov , FACILITIES AND FLEET MANAGEMENT DEPARTMENT � Asset Management Division Tel:305-673-7193 In any real estate transaction, it is recommended that Tenant consults with a qualified professional, such as an attorney, an architect, planner, civil engineer, industrial hygienist or any other with qualifications and experience in evaluating the viability of Tenant's intended .use of the Premises in the Building, as well as the measurements and physical condition of the premises - including the possible presence of any`hazardous material such as radon gas, asbestos, etc. � �n behalf of MIAMI BEACH RED�VELOPMENT AGENCY (RDA), we look forward to a favorable response to this NON-BINDING LETTER �F INTENT (LOI). Should you have any questions or require additional information, please feel free to contact me at my office Since el Ozzie minguez Director of Asset Management , City of Miami Beach Agreed and Accepted Tenanf: Daci ernandez, Tax Collector Miami-Dade County O�ce of the Tax Collector May 9'h, 2025 We are commi[ted to provlding exceltent pu611c and safety to al(who(lve,work andplayin our vibrant tropical historic community 1664 of 1791 LANDLORD: Miami Beach Redevelopment Agency, a public body corporate and politic . 1700 Convention Center Drive Miami Beach. Florida 33139 t TENANT: Miami-Dade County Tax Collector's Office DATE OF EXECUTiON: ; � • . , . . _ �, _ . - � - --- � . . ~� , .': ANCHOR SHOPS AT SOUTH BEACH RETAIL;LEASE � e 1.. - ' . ' F'. I l • � " „ � . (� ,. . , �. .. ` � f�.. � i � .... �'i . . _ .� ;' .^` _,� , - ` ' � � ( „ .. � .. .. � � � : � . 1 1665 of 1791 LEASE SUMMARY The following is a summary of basic lease provisions with respect to fhe Lease. It is an integral part of the Lease, and terms defined, or dollar amounts specified in this Summary shall have the meanings or amounts as stated, unless expanded upon in the text of the Lease and Its Exhibits, which are attached to and made a part of this Summary. 1. Date of Lease Execution: 2. Landlord: Miami Beach Redevelopment Agency 3. �.andlord's Address: Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach, Florida 33139 - � � . � Attention: Asset Management_Division _ with a copy to:City of Miami Beach � ' Miami Beach�Redevelopment Agency � `,. , � 1700 Convention Center Drive "� , Miami Beach; Florida 33139 ' : ; : Attention: Legal Department � , 4.'. Tenant Name: � � � Miami-Dade County Tax Collector's Office 5.. Tenant's Address: � , 6. Guarantor: � 7. Guarantor's Address: � 8. Premises (section 1.1): 100 16th Street. Suite 1 -5 Miami Beach, FL. 33139 As shown in Exhibit "A" � 9. Gross Rentable Area of Approximately 3,955 square feet. Interior Premises (section 1.1): 10. Gross Rentable Area of Approximately 20,500 rentable square feet Retail Space (section 1.1): 11. Tenanf's Proportionate 19.292% of Gross Rentable Area of Retaif Share (section 2.4}: Space 2 1666 of 1791 12. Permitted Use of Premises shall be used as a Miami-Dade County Tax Collector's office, serving as an agent for the Florida Department of Highway Safety & , Motor Vehicles. Services will include vehicle registration renewals, tax payments, business tax processing, electronic title management, specialty license plate issuance, and driver iicense renewals, or as otherwise detai(ed and approved in writing by the Landlord. 13. Term of Lease: Lease Term is Nine (9) years and Three , .. ; Hundred and Sixty-Four Days (364)from the � ' °Cvmmencement Date. . . ;. . . ! ��� � , . . - .. _.. - . - � "Gommencement Date": The date - � , Landlord and Tenant execute the Lease. ; , � � �� � , "Rent Comme�cement Date": Rent � , . . � Commencement shall be the earlier of: -� . � � Tenant opening for business .with all � : �� �required permits issued by local authorities; � , or Three hundred sixty-five (365) days after - . ' a Delivery Date,.subject to Landlord Delays. ._ - . :. ' . "Rent Abatement Period": Base Rent shall be abated ("Abatement") for the ten (10) months after Rent Commencement Date - subject to Landlord's Delay as defined herein. 14. Minimum Rent(section 2.2): MONTHS COST PER SQUARE ANNUAU MONTHLY FOOT PAYMENT Year 1-Rent Commencement $54 per square foot $213,570.00/$17,797.50 Year 2-End of Lease Term See Note (") See Note (") � 3 1667 of 1791 ' Note (") Commencing on January 1, 2027, and at the beginning of each succeeding Lease Year (as defined in section 2.1} thereafter during the Term of the Lease, the Minimum Rent shall be increased annually in increments of three percent (3%)". 15. Percentage Rental Six Percent (6%) of Natural Breakpoint (as Rental (section 2.3): described in section 2.3) 16. Prepaid Rent(section 2.2): $17,797.50 plus sa�es tax due upon execution of Lease; to be applied to first full month Rent due. :1,7:Operating Expenses ' : . : -Proportionate share ofProperty.Taxes, •� `(section�2.4): ' ' r" Common Area Maintenance , and � , � . '„ fnsurance on the Anchor Shops and ;���� � ��� � � � � P.,arking Garage�: � �, � � �� � , � �. ' LEASE YEAR`' ;, C.OMMON AREA MAWTENANCE �. AN�IUAL/MONTHLY . �_ ' � ,- (CAM) COST PER SQUARE FOOT� � . �- �PAYMENT�,,' , - _ ,� �-, -, , ., , - , � � � � �. • . .. - � . Year.9-Rent Commencement '; $14.00;`per square foot ,� $55,370.00/$4,61.4.17 Date-f � ' `pfus sales tax plus sales tax Year 2-End of Lease See Note (*) See Note ('�} Note(*) Beginning on the first anniversary of the Rent Commencement Date, and at the beginning of each succeeding Calendar Year (as defined herein)thereafter, during the Term, the Operating Expense payment shall be adjusted, on an annual basis for the period from January 1st through December 31 st (each a °Calendar Year"), to reflect Tenant's actual Proportionate share of Properry Taxes, Insurance costs (including insurance costs, determined at Landlord's sole discretion, under Landlord's self-insurance fund), and CAM costs incurred by the Landlord during the previous Lease Year("Operating Expense Adjustment"). Simultaneously with this adjustment. Tenant shall be responsibie for paying any difference between the Proportionate Share of the estimated Operating Expenses paid by Tenant during the previous Calendar Year and the Proportionate Share owed by Tenant in connection with the actual Operating Expenses for the previous Calendar Year("Operating Expense True-Up"). The Operating Expense payment shall continue to be payable in monthly installments as otherwise described above until Landlord notifies Tenant of the new monthly Operating Expense payment and Operating Expense True-Up payment. Landlord shall aitempt to so notify 7enant prior to the commencement date or within 30 days of being requested by Tenant of each Operating 4 1668 of 1791 Expense Adjustment and Operating Expense True-Up amount: however, failure of Landlord to. timely notify Tenant of said Operating Expense Adjustment/True-Up amounts shall not be deemed a waiver by Landlord of the right to co!lect said Ope�ating Expense Adjustment/True-Up; the new Operating Expense Adjustment or any sums due pursuant to tiie Operating Expense True-Up for the previous Calendar Year shaN be payable, retroactive to the effective date of said adjustment date, upon notification by Landlord to Tenant of the new monthly Operating Expense payment amount and the total Operating Expense True-Up amount due. 18. Comprehensive General $1,000,000.00 per occurrence. ' Liability Insurance (section 6.1); $2,000,000.00 generaf.aggregate 19. Trade Name (section 3.1): ' r. - - -- ;�20. TenanYs�Ho.urs of�Operation.;..�;., �. -.,The Hours of�Operation Shall be d:aily � �:� (section�3.5): _ _ � .� 1 Oam— 9pm subject to City ordinances % . . , � .' Any..change in .the hours of operations � : -�� , shalf require the prior written approval of _ the�Ezecutive Direcfor or designee. '' . . - . - � ;;2.1. Public Beneft ' - '�: . , _ � - � � , � � . ' , .. � �. . ., -:; . ; � , .. .. . . . _ -. . _ ... 5 ' 1669 of 1791 1 LEASE AGREEMENT THIS LEASE (the "Lease")dated the day of 2025, is made between the Miami Beach Redevelopment Agency, a public body corporate and politic (the "Landlord"), and the Miami-Dade County Tax Collector's Office (the "Tenant"). RECITALS: A. The Landlord is the fee simple owner of a certain.facility (the "Facility") containing a municipal parking garage and app�rtenances containing approximately eight hundred (800) parking spaces (the "Garage") and eertain retail space (the "Retai! Space") located in an area bounded by Washington and Collins Avenues in tfie proximity of 16th Street, located in the City of Miami ,Beach, Miami-Dade County, Florida, as, more particularly. described; in Exhibit, "A," ,, ,- , � .:: � . . : , , . ,... attached hereto,and made a part'heceof(the "Land"):.The Landlord is tfie:fee simple,owner of ttie Lantl and fhe Faciliry. } - � . ' - � �>- i . �� B. Landlord and Tenant desire to enter into this Lease for a portion of ifF�e Retail Space, on the terms and .conditions=hereinafter,,set forth�: " j - I_ �: C. The'Executive Direcfor's designee shall.�e the confr"acf manager designated by the Landlord to administer_this Lease,.The Executive Director's designee shall�be fhe City:of Miami Beacli Director of the Asset�'Divis'ion of,the Facilities and'Fleet Management Department:_ � , : - ` _',{ NOW, THEREFORE, in consideration of the mufual covenants contained herein and other goad'and vaivable consideration, the ceceipt and su�ciency of wFiich are hereby acknowledged, Land[ord and:Tenant hereby agree a's,"follows' - ARTICLE 1. TERM. 1.1 Term. In consideration of the performance by Tenant of its obligations under this Lease, Landlord leases to Tenanf, and Tenant leases from Landlord. for the Term, a portion of the Retail Space("Premises").A site plan showing the location of the Retail Space within the Facility, as well as the location of the Premises, is attached hereto and made a part hereof as Exhibit "B." The gross rentable area of the Premises and Retail SPace shown on the Lease Summary do not represent accurate measurements of the square footage contained in the Premises or the Retail Space but are mere estimates. The Premises does not extend beyond the interior footprint of the Premises. The "Term" of the Lease is the period from the Commencement Date as specified In the Lease Summary, through the Expiration Date, as specified in the Lease Summary. 1.2. Landlord's Work. Tenant acknowfedges and agrees that it is accepting possession of the Premises AS-IS condition and that, except as otherwise expressfy hereinafter set forth, ' 6 � 1670 of 1791 Landlord has no obligation to furnish, render, or supply any money, work, labor, material, fixtures, equipment, or decoration with respect to the Premises. ' ARTICLE II. RENT. 2.1 Covenant to Pay. Tenant shall pay to Landlord all sums due hereunder from time to time from the Rent Commencement Date without prior demand, together with all applicable Florida sales lax thereon; however, unless otherwise provided in this Lease, payments other than Tenant's regular monthly payments of Minimum Rent shall be payable by Tenant to Landlord within ten (10) days following written demand. All rent or other charges that are required to be paid by Tenant to Landlord shall be payable at Landlord's address indicated on the Lease Summary, Minimum Rent and Additional Rent (which is all sums payable to Landlord other than Minimum Rent)for any"Lease Year" consisting of less than twelve (12) months shall be prorated on a per diem basis, based upon a period of 365 days. "Lease Year" means the twelve (12) full calendar months commencing on the Rent Commencement Date. However, the final Lease Year may contain less than twelve (12) months due to expiration or sooner termination of the Term: Tenant agrees that its covenant to pay rent and all other.sums under this Lease is an iridependent � covenant and that all such amounts are pay'able�without counterclaim, set-off, deduction, abatement, or reduction whatsoever, except as expressly provided for in this Lease. ' ` r� � � � � � , � ; - 2.2 ,Minimum Rent: Subject to any escalation which may_be provided for in this Lease, Tenant sh�all�pay Minimum Rent for the Term iri�tlie initial:amount specified in the Lease Summary, which, except��for the frst,installment, shall be payable.throughout the Term in equal monthly installments in advance on the first day of each calendar month of each year of the Term, such monthly installments to be in the amounts (subject to escalation) specified in the Lease Summary.The�first monthly installment of Minimum Rent shall be due;upon execution of the Lease by Landlord and Tenant,`to be applied on the Rent Commencement Date in accordance with paragraph 16 of the Lease Summary. The Minimum Rent described above shall be "adjusted during the Term of this Lease as provided in paragraph 14 of the Lease Summary. 2.3 Operating .Expenses (Property Taxes; Insurance; and Common Area Maintenance (CAM)). Tenant shall remit together with regular monthly payments of Minimum Rent, as Additional Rent, its proportionate share of estimated Operating Expenses for the Premises, as determined by Landlord, in its sole discretion and judgment, including Property Taxes, Insurance, and Common Area Maintenance costs ("CAM"). Controllable Operating Expenses are defined as CAM maintenance and repair expenses. 2.4 Payment of Personal Property Taxes; Sales Tax Reports. Tenant shall pay, when due, all taxes attributable to the personal property, trade fixtures, business, occupancy. or sales or Tenant or any other occupant of the Premises and to the use of the Premises by Tenant or such other occupant. Tenant shall provide Landlord with copies of Tenant's Sales and Use Tax Return "Form DR-15CS or DR-15EZ" filed with the Florida Department of Revenue reporting Gross Receipts made from the Premises during the preceding calendar month. 2.5 Rent Past Due. If any payment due from Tenant shall be overdue more than five (5) business days, a late charge of five (5%) percent of the delinquent sum may be charged by 7 1671 of 1791 Landlord. !f any payment due from Tenant shall remain overdue for more than fifteen (15) days, an additional late charge in an amount equal to the lesser of the highest rate permitted by law or one and one-half(1%) percent per month (eighteen (18%) percent per annum) of the delinquent amount may be charged by Landlord, such charge to be computed for the entire period for which the amount is overdue and which shall be in addition to and not in lieu of the five (5%) percent late charge or any other remedy available for Landlord. 2.6 Landlord's lien. To secure the timely construction and installation of all improvements to the Premises by Tenant, if applicable, and to secure the payment of all rent and other sums of money due and to become due hereunder and the faithful performance of this Lease by Tenant, Tenant hereby gives to Landlord an express first and prior contract lien and security interest on all property now or hereafter acquired (including fixtures, equipment, chattels, and merchandise) which may be placed in the Premises and also upon all proceeds of any insurance which may accrue to Tenant by reason of destruction of or damage to any such property. Such properry shal! not be removed therefrom without the written consent of Landlord until al{ arrea�ages in rental and other sums of money then due to Landlord hereunder shall first have beeri Paid;_provided,Tenant may operate its business in the ordinary course and the removal of inerchandise from the Premises by customers of Tenant shall not be a default under this section.All exemption laws are hereby'waived in favor of said lien and security interest. This lien and security interest is given in addition to landlord's statutory lien and shall be cumulative thereto. Landlord shaii, in�.addition to all of its rights hereunder,'also have all of the�ights and remedies of a secured party :under the Uniform Commercial Code as adopted in the State in which the Premises is located. To1 the exfenf permitted by law; tfiis Lease� shall constitute a security agreement under Artic(e 9 of tf�e Fioricfa Uniform Commerciaf Code: 2.7 Inspection and Audit. . : �. � . � (A) .. Tenant shall maintain�its�financial records pertaining to its operations pursuant to this Lease, and records with respect to the Percentage Rent required pursuant to section 2.3 during the Term, and for a period of three (3) years following the expiration or termination of the Lease. Such records shall be open and available to the Landlord, as deemed necessary by the Executive Director or the Executive Director's designee, upon ten (10) business days' written notice that the landlord desires to review said records. Tenant shall maintain accurate receipt- printing cash registers or a like alternative which will record and show the payment for every safe made or service provided. Tenant shall also maintain such other records as would be required by an independent CPA in order to audit a statement of annual Gross Receipts and profit and loss statement pursuant to generally accepted accounting principles. Tenant shall maintain its records relating to the operation of the Premises within Miami-Dade County. Florida. (B) The Executive Director or Executive Director's designee shalf be entitled to audit Tenant's records pertaining to its operations during the Term as often as it deems reasonably necessary throughout the Term of this Lease, and within the three (3) year period folfowing the expiration or termination of the Lease. Landlord shall be responsible for paying all costs associated with such audits, unless the audit(s) reveals a deficiency of five percent (5%) or more in Tenant's statement of Gross Receipts for any Lease Year audited, in which case the Tenant shall pay Landlord. within thirty (30) days of the audit being deemed final (as specified below), 8 1672 of 1791 the cost of the audit and a sum equal to the amount of the deficiency revealed by the audit, plus, interest as required pursuant to section 2.6. These audits are in addition to periodic audits by the City of Resort Tax collections and payments, which are perfor►ned separately. Nothing contained within this section shall preclude the City's audit rights for Resort Tax collection purposes. (C) Tenant shall submit, at the end of each Lease Year during the Term, an annual statement of Gross Receipts, in a form consistent with generally accept�d accounting principles. Additionally, such statement shall be accompanied by a report from an independent CPA. ARTIC�E III. USE O� PREMlSES. 3.1 Permitted Use, The premises shall be used as a Miami-Dade County Tax Collector's office, serving as an agent for the Florida Department of Highway Safety 8� Motor Vehicles, as specified in the Lease Sumrriary, subject to Tenant securing the approval of Landlord and-any applicable regulatory approvals (and subject to the Prohibited Uses described in Exhibit "F" to the Lease). The primary�use of the Premises shall be for the operation of a Miami-Dade County Tax Collector's office. The�business of Tenant in the Premises shall be carried.on under the.'name specified�in the Lease Summary and under no other name unless approved by Landlord in uvriting. Tenant shal! carry on its business within the Premises in a reputable manne��and shall not:do, omit, permit; or suffer anything to be done or exist��upon the.Pcemises anything which shall result�.in a nuisance, hazard, or bring about:a `breach.of any provision of this Lease�or any applic`able municipal ar other governmental law or regulation. Tenant shall observe all rules and regulations established by L'andlord for the Refail Spaee. Tlie rules and regulations in effect as of the date hereof are.attached;to and made a part'of this Lease as Exhibit"C."Landlord will�provide a copy of any amendments to the rules and regulations at lea"st seven,:(7)days prior to the effective date af any such amendments. Tenant shal!disptay such name as�Landlord may from time to time designate for the Retaii Space in its stationery used upon the Premises, and in material, which is given, visibie, or availabie to customers of Tenant. Tenant shall promote such name in any advertisements or promotional material pubiished or initiated by Tenant in regard to its business from the Premises. The names for the Retail Space and the project of which the Retail Space is a part,which Landlord may from time to time adopt, and every name or mark adopfed by Landlord in connection with the Retail Space shall be used by Tenant oniy in association with the business carried on in the Premises during the Term and TenanYs use ftiereof shalt be subjecf to such � reasonable regulation as Landlord may from time to time impose. 3.2 Compliance with Laws. The Premises shall be used and occupied in a safe, careful, and proper manner so as not to contravene any present or future laws, rules, regulations, constitutions, orders, ordinances. charters, statutes, codes, executive orders, and requirements of all governmental authorities having jurisdiction over The Premises or any street, road. avenue, or sidewalk comprising a part of, or lying in front of, the Premises or any vault in or under the Premises (including, without limitation, any of the foregoing relating to handicapped access or parking. the local building codes, and the laws, rules. regulations, orders, ordinances, statutes, codes, and requirements of any applicable Fire Rating Bureau or other body exercising similar funcfions), the temporary and/or permanent certificate or certificates of occupancy issued for the 9 � 1673 of 1791 , Premises as then in force, and any and all provisions and requirements of any property, casualty, or other insurance policy required to be carried by Tenant under this Lease. If due to Tenant's use of the Premises repairs, improvements, or alterations are necessary to comply with any of the foregoing, Tenant shal! pay the entire cost thereot. 3.3 Signs. Tenant at TenanYs expense shall erect and maintain identification signage upon the storefront of the Premises.The design and specification of such signage shall be subject to Landlord's sign criteria as adopted from time to time and such design and specification (including camera-ready artwork)shall be submitted for Landlord's prior approval. Except with the prior written consent of Landlord,Tenant shall not erect, install, display, inscribe, paint, or affix any signs, lettering, or advertising medium upon or above any exterior portion of the Premises or in or on Tenant's storefront or storefront window. Landlord's signage criteria is attached hereto and made a part hereof as Exhibit "�." 3.4 Environmental Provisions. (A): .Tenant shall not knowingly incorporate into, use, or otherwise place or dispose of at the Premises or in the Retail Space (or allow others to incorporate,into, use, or otherwise place , � . or dispose of at tlie Premis:es or in the Retail Space) any Hazardous Materials, as hereinafter defined, unless (i)such Hazardous Materials are for use in the ordinary course of business (i.e., as with office or cleaning supplies), (ii) notice of and a copy of the,current material safety data sheet`is provided:to,landlord for each such Hazardous Materiai (except for Hazardous Materials used.by Tenant in�the ordinary course of business (i.e.,�as with office oe cleaning supplies)), and (iii);such materials ere handled and disposed of in accordance with all applicable governmental laws, rules, and regulations. If Landlord or Tenant ever Hes knowledge of the presence in the Premises or the Retail Space of Hazardous,Materials which affect the Premises, such party shall notify the other thereof in writing promptly after obtaining such knowledge. For purposes of this Lease, "Hazardous Materials" shall mean: (a) petroleum:and ifs constituents; (b) radon gas, asbestos in any form which is or could become friable, urea formaldehyde foam insulation, transformers or other equipment which contain tlielectric fluid containing levels of polychlorinated biphenyls in excess of federal, state or local safery guidelines, whichever are more stringent; (c) any substance, gas, material or chemical which is or may hereafter be defined as or included in the definition or"hazardous substances," "hazardous materials," "hazardous wastes," "pollutants or contaminants," "solid wastes," or words of similar import under any applicable governmental laws. rules, and regulations including, but not limited to, the Comprehensive Environmental Response, Compensation and LiabilityAct, as amended,42 U.S.C. §9061 et seq.; the Hazardous Materials Transportation Act, as amended, 49 U.S.C. § 1801, et seq.; the Resource Conservation and Recovery Act, as amended, 42 U.S.C. § 6901, et seq.; the Federal Water Pollution Control Act, as amended, 33 U.S.C. § 1251, et seq.; and Florida Statutes, Chapters 376 and 403; and (d) any other chemical, material, gas, or substance, the exposure to or release or which is regulated by any governmental or quasi-governmental entity having jurisdiction over the Retail Space or the operations thereon. (B} If Tenant or its employees, agents, or contractors shall ever violate the provisions of subsection (a), above, then Tenant shall clean-up, remove, and dispose of the Hazardous Material causing the violation. in compliance with all applicable governmental standards, laws, 10 ' 1674 of 1791 rules, and regulations and repair any damage to the Premises or Retail Space within such period of time as may be reasonable under the circumstances after written notice by Landlord, provided that such work shall commence not later than thirty {30) days from such notice and be diligently and continuo�sly carried to completion by Tenant or TenanYs designated contractors. Tenant shall notify Landlord of its method, time, and procedure for any clean-up or removal of Hazardous Materials under this provision; and Landlord shall have the right to require reasonable changes in such method, time, or procedure or to require the same to be done after normal business hours or when the Retail Space is atherwise closed (i.e., holidays) if reasonably required for the protection of other tenants or occupants of the Retail Space. (C) Tenant agrees to defend, indemnify, and hold harmless Landlord, and the City of Miami Beach (the "City") against any and all claims, costs, expenses, damages, liability, and the like, which Landlord,may hereafter be liable for, suffer, incur, or pay arising under any applicable environmental laws, rules, and regulations and resulting from or arising out or any breach of the covenants contained in this section 3.4, or out of any act, activity, or violation of any applicable environmental laws, rules. and regulations on the part of Tenant,'�its agents,�_and employees: or assigns. TenanYs liability under this section 3.4 shall sunrive the expiration or any ferminafion of this Lease. ' _ �� �_ , : ;� � � ; � . ` 3.5 Hvurs; .Gontinued r`�Occupancy.: During the Te`rm, Tenant shall conduct its business in the Premises, at a minimum, on all ciays and during all hours established by Landlord from time to time�as:hour"s for the Retail Space..Tenant may conduct-business on the'Premises, in addition to the"fo�egoing.times, in Tenant's reasonable judgment in order to maximize sales from the Premises,�at Tenant's sole�expense;provided,:however, that Tenant does not to exceed the,:approved hours of operation set forth in .paragraph.��21 of the Lease Summary.�However, Landlord shali`�not be re'sponsible �for.providing common-area or other services during such additional hours: Tenant shall open ,the whole of the Premises for;business to the public. fully fixturetl; sleeked, and stafFed in accordance with the Lease�Summary, unless otherwise approved in writing by Landlord, and shall continuously, actively, and diligently carry on the business specified in section 3.1 on the whole of the Premises during the Term, during such hours and upon such days as are herein req�ired, except when prevented from doing so by force majeure. Tenant acknowledges that its continued occupancy of the Premises and the regular conduct of its business therein are of utmost importance to neighboring tenants and to Lantllord in the renting of space in the Retail Space, the renewal of other leases therein, the e�cient and economic supply of services and utilities. Tenant acknowledges that Landlord is executing this Lease in reliance thereupon and that the same is a material element inducing Landlord to execute this Lease. Tenant shall not keep or display any merchandise on or otherwise obstruct the common areas and shall not sell, advertise, conduct, or solicit business anywhere within the Retail Space other than in the Premises. Tenant shall ship and receive supplies, fixtures, equipment. furnishings, wares. and merchandise only through the appropriate service and delivery facilities provided by Landlord: and shall not park its trucks or other delivery vehicles or allow suppliers or others making deliveries lo or receiving shipments from the Premises to park in the parking areas, except in those parts thereof as may from time to time be allocated by Landlord for such purpose. 11 ' 1675 of 1791 I Tenant shall maintain available a substantial stock of goods, wares, and merchandise adequate to ensure successt'ul operation of Tenant's business and shall employ and maintain sales and other personnel sufficient at all times for proper service to customers. 3.6 Prohibited Uses. Notwithstanding any other provisions of this Lease. Tenant shall not use the Premises nor permif them to be used for any of the following purposes: (A) for the sale by Tenant, as its principal business purpose, of any merchandise which Tenant, in the course of its normal business practice, purchases at manufacturers' clearances or purchases of ends-of- runs, bankruptcy stock, seconds, or other similar merchandise; (B) for the sale of second-hand goods, war surplus articles, insurance salvage stock, fire sale stock, merchandise damaged by or held out to be damaged by fire, except merchandise damaged by fire or smoke occurring in , the Retail Space. and then only for thirty (30} days after the date of any such damage; (C) as an auction or flea market; (D) for a bankruptcy sale or going-out-of-business sale or liquidation sale or any similar sale, unless Tenant is in fact in bankruptcy or is going out of business or is in liquidation, in which case such sale shal! not continue beyond thirty (30) days; (E) a business prir"rmarily used for an order�office,�mail order office,-orcatalogue store; (F)any 6usiness in which Tenant is engaged in intentionally-�deceptive or fraudulent advertising or selling practices or any oth�er act or business practice contrary�to honest retail practices; (G)`Tenant shall not ofFer or sell Hookahs or Cigarettes or CBD products; or(H);for the Frohibited'Uses described in Exhibit "F" affached hereto. .� � ' : � �. � � � . ARTICLE IV.ACCESS AND ENTRY. 3 � � 4.1 Right of Examinatian:'Landlord sha!! be entitled at all reasonable times and upon rea�sonable written notice, not less than 24"hours (but no notice�'is required in emergencies) to enter,the Premises to examine them if Landlord reasonably believes that Tenant is not complying witfi anyof its obligations hereunder;�to�make such repairs, alterations, or improvements thereto as Landlord considers necessary or reasonably desirable; to have access to underfloor facilities and access panels to mechanical shafts and to check, calibrate, adjust. and balance controls and other parts of the heating, air conditioning, ventilating, and climate control systems. Landlord reserves to itself (and others acting on behaif of Landlord including, without limitation, the City) the right to install, mainfain, use, and repair pipes, ducts, conduits. vents, wires, and other instaflations leading in, though, over, or under the Premises and for this purpose, Landlord may take all material into and upon the Premises which is required therefor. Tenant shall not unduty obstruct any pipes or conduits. or mechanical or other electrical equipment so as to prevent reasonable access thereto. Landlord reserves the right to use all exterior walfs and roof area. landlord shall exercise its rights under this section, to the exfent possib(e in the circumstances. in such manner so as to minimize interference with Tenant's use and enjoyment of the Premises and Tenant's property. 4.2 Right to Show Premises. Landlord and its agents have the right to enter the Premises at all reasonable times and upon reasonable written notice not less than 24 hours to show them fo prospective purchasers, lenders, or anyone having a prospective interest in the Retail Space. and, during the last six (6) months of the Term (or the last six (6) months of any 12 1676 of 1791 renewal term if this Lease is renewed), to show them to prospective tenants. Landlord shall exercise its rights under this section, to the extent possible in the circumstances, in such manner so as to minimize interference with Tenant's use and enjoyment of the Premises and Tenant's property. ARTICLE V. INITIAL CONSTRUCTION: MAINTENANCE, REPAIRS, AND ALTERATIONS. 5.1. Tenant's Construction Obligations. (A) Subject to the provisions hereof, Tenant shall, at its expense, cause the construction and installation of af(improvements to the Premises. if applicable, in accordance with Tenant's Plans, as hereinafter defined. and as necessary to permit Tenant to occupy same and conduct normal business operations (such improvements being referred to E�erein as "Tenant's Work"). The plans for such improvements shall be submitted to the Landlord for the Landlord's prior.written.consent, which wil{ not be unreasonably withheld or delayed: - , - -- � �� , . � � (B) ' . AIC permanent (fixedl.improvements to the Premises,shall remain the property of the,Landlord upon`termination of the Lease. Upon the lawful termination of the Lease, a!I personal prope`rty and trade fixtures may be removed by fhe Tenant from the:Premises without damage to the'�Premises. ' �� � � ..� ` ' � � ' ' ' ' , - , � . , , r ;;. (C) Any damage to the.'existing finishes of�the Premises o� Retail Space shall be patched and repaired by Tenanf; all:its expense, and all such work;shall be done to Landlord's satisfaction. If any patched and painted area',does'not match the original surface, then,the entire surface sha!! be repainted'�at Tenant's exPense and hold�harmless Landlord, its agents, and employees irom and against any and all costs;expenses.`damage,'loss. or liability, includ,ing, but not limited to, reasonable attorneys'�fees and'costs, wfiicti arise out`;of. is occasioned'by`or is in any`��way attributable to the build-out of the Premises or any �subsequent improverrients or alterations by Tenant pursuant to this Lease. Tenant, at its expense, shall be responsible for the maintenance, repair, and replacement of any and all items constructed by Tenant's eontractor. (D)Tenant shall not alter the existing fire alarm system in the Premises or the Retail Space. Tenant's Plans include detailed drawings and specifications for the design and installation of Tenant's fire afarm and security system(s) for the Premises. Such system(s) shall meet all appropriate building code requirements, and the fire alarm system shall, at Tenant's expense, be integrated into Landlord's fire alarm system for the Retail Space. (Landlord is not required to provide any security system.) Landlord's electrical contractor and/or fire alarm contractor shall, at Tenant's expense, make all final connections between TenanYs and Landlord's fire alarm systems. Tenant shall insure that all work performed on the fire alarm system shall be coordinated at the job site with the Landlord's representative. (E) Tenant will permit no liens to attach to the Premises arising from, connected with or related fio the construction of the improvements. Moreover, such construction shall be accomplished through the use of licensed, reputable contractors who are acceptable to Landlord. 13 1677 of 1791 Any and all permits and or licenses required for the installation of improvements shall be the sole responsibility of Tenant. (F) The above requirements for submission of plans and the use of specific contractors shall not apply to improvements, maintenance or repairs, which do not exceed $20,000.00, provided that the work is not structural. and provided that it is permitted by applicable law. (G) Landlord acknowledges that the prior tenant of the Premises has made improvements and had signage ins�alled prior to the execution of this Lease, and as such, said improvements and signage are acceptable to Landford, to the extent that same were properly permitted, and done in compliance with all applicable building codes, and any other Municipai, County, State and Federal laws. 5.2 Tenant Improvement Allowance and Reimbursements. Tenant acknowledges and�agrees:that all costs,incurred in connection with erecting a demising wall (finished on both sides), adjustments to tlie Fire L'ife Safety System; modifications to fhe HVAC ductwork,-.and updates to the electrical system in corinection wifh the construction of the demising wa(I shall be the sole responsibility of Tenant. Landlord shall not;pr'ovide any tenant improvement allowance or reimbursement for such work. The scope and.details.of the Tenant's required work are, further outlined in Exhibit"D", attached lier,eto and incorporated herein by,;reference. � � ; ; . .. ' . , Tenant further acknowledges and agrees�that: �� : `1.: Tenant shalf perform all necessary constructian work at its sole cost and expense;subject to the ter'ms of section 5.1 above. ' . � : ;, . , 2: Landlard shall not be responsible for reimbursing�Tenanf�for any construction costs, including those related to the demising wall or any associated systems. 3. Any and all improvements, modifications,or additional work shal(be the sole responsibility of Tenant, as further detailed in Exhibit"D". 5.3 Maintenance and Repairs by Landlord. It is hereby acknowledged and agreed that Landlord shall maintain and repair the foundations and all structural components of the Retail Space. Tenant will notify in writing of any necessary repairs that are the obligation of Landlord. Landlord shall not be responsible for any damages caused to Tenant by reason of failure of any equipment or facilities serving the Retail Space or delays in the performance of any work for which the Landlord is responsible to perform pursuant to this Lease. Notwithstanding any other provisions of this Lease, if any part of the Retail Space is damaged or destroyed or requires repair, replacement, or afteration as a result of the act or omission of Tenant. its employees, agents, invitees, licensees, or contractors, Landlard shafl have the right to perform same and the cost of such repairs, rep[acement, or alterations shall be paid by Tenant to Landlord upon demand. In addition, if, in an emergency, it shaii become necessary to make promptiy any repairs or ' replacements required to be made by Tenant, Landlord may re-enter the Premises and proceed forthwith to have the repairs or replacements made and pay the costs thereof. Upon demand. Tenant shall reimburse Landlord for the cost of making the repairs as Additional Rent. Landlord 14 1678 of 1791 shall exercise its rights under this section in a manner so as to minimize any disruption or interference with the operation of Tenant's business and property. 5.4 Maintenance and Repairs by Tenant. Tenant shall, al its sole cost, repair and maintain the Premises, all to a standard consistent with a first-class commercial building, with the exception of base building, mechanical and electrical systems, roof and foundation, which are the obligation of the Landlord. Without limiting the generality of the foregoing, Tenant is specifically required to maintain and make repairs to(i)the portion of any pipes, lines, ducts.wires,or conduits contained within the Premises including, without limitation, interior plumbing and electrical installations, (ii) windows, plate glass, doors, and any fixtures or appurtenances composed of glass (including, without limitation, interior and exterior washing of windows and plate glass and the insta!lation of hurricane shutters if provided by the Landlord); (iii)Tenant's sign; (iv)any heating or air conditioning equipment serving the Premises ("HVAC") (which shall include, without fimitation, a preventive maintenance HVAC service contract. Such service contract shall include, without limitation, preventive HVAC maintenance no less than monthly); and (v) the Premises or the�Retail Spac� when repairs tb the same are necessitated by any.act ar.omission of Tenant. or the� failure af Tenant to �erform its obligations under,this Lease. AU repair and maintenance performed by�Tenant in the°�Premises shall be perfiirmed by contractors or workmen designated or approved by Landlord,,which appraval shall not be unreasonably. withheld or delayed. At the expiration or earlier termination of the Term, Tenant shall surrender`the Premises ta Landlord in � as good condition and repair as T'enant is requi�ed to maintain the,Pcemises throughout the Term, reasonable wear an'd tear excepted. Tenant shall aiso'fumish, maintam, and replace all electric light bulbs, tubes; and tube casings located within or serving the Rremises and Tenant's signage, all at Tenant's sole cost and expense.; �� � _ . � �. � � � � ; , � ; ; 5.5 �Approval' of TenanYs Alterations. Unlsss otherwise provided herein, no alterations (including, without limitation, ±improvements; additions, or modifications to the Premises} sfiall be made by Tenant`to~the Premises without Landlord's prior written approval, which, as lo exterior or structural alterations may be withheld in Landlord's sole discretion. Any alterations by Tenant shall be performed at the sole cost of Tenant, by contractors and workmen approved by Landlord. which approval shall not be unreasonably withheld or delayed, in a good and wor[cmanlike manner, and in accordance with all applicable laws and regulations. 5.6 Removal of Improvements and Fixtures. All leasehold improvements and ' fixtures (other than unattached, movable trade fixtures which can be removed without damage to the Premises) shall at the expiration or earlier termination of this Lease become Landlord's property. Tenant may, during the Term, in the usual course of its business, remove its trade fixtures, provided that Tenant is not in default under this Lease; and Tenant shall, at the expiration or earlier termination of the Term, al its svle cost, remove such of the leasehold improvements (except for improvements installed by Landlord prior to the Commencement Date) and trade fixtures in the Premises as Landlord shall require to be removed and restore the Premises to the condition existing prior to such remaval. Tenant shall at its own expense repair any damage caused to the Retail Space by such removal. If Tenant does not remove its trade fixtures at the expiration or earlier termination of the Term, the trade fixtures shall, at the option of Landlord, 15 1679 of 1791 become the property of Landlord and may be removed from the Premises and sold or disposed of by Landlord in such manner as it deems advisable without any accounting to Tenant. 5.7 Liens. Tenant shall promptly pay for all materials supplied and work done in respect of the Premises by, though, or under Tenant so as to ensure thaf no lien is recorded against any portion of the Retail Space or against Landlord's or Tenant's interest therein. tf a lien is so recorded, Tenant shall discharge it promptly by payment or bonding. If any su�h lien against the Retail Space ar Landlord's interest therein is recorded and not discharged by Tenant as above required within ten (10) days following written notice to Tenant, Landlord shall have the right to remove such lien by bonding or payment and the cost thereof shall be paid immediately from Tenant lo Landlord. Landlord and Tenant expressly agree and acknowledge that no interest of Landlord in the Premises or the Retail Space shall be subject to any lien for improvements made by Tenant in or for the Premises, and Landlord shall not be liable for any lien for any improvements made by Tenant,such liability being expressly prohibited by the terms of this Lease. In accordance with applicable laws of the Slate of Florida, Landlord has filed in the public records of Miami-Dade Gounty,'F(orida. a public notice containing a true and correct copy;of ttiis paragraph, and Tenant ' hereby "agrees:�fo, inform-afl contractors and material suppliers perForrr�ing work in_�or for or supp[ying materials to the Premises of the existence,of'said notice. � 5.8 l)tilities. Tenant shall�pay to Landlord; or as Landlord directs. all gas, electricity, water; trash, pest �control and ottier utility charges applicable to the Premises as separately metered. Tenant shall, at'its own,cost, install, maintain and repair;;as required, its electrical meter for�the Premises.'ln;addition, Tenant;s electrical equipment and lighting shall be restricted to that equiprnent and lighting which individually does. not have`a rate'd capacity and/or design load greater than the rated capacity andlor design load oftfie Retail Space. If Tenant's consumption of electrical seryices•exceeds either th�e�ated,capacity and/or design load of the Retail Space, then Tenant�sfiall.'reriiove the equipment',and/or lighting to achieve compliance within ten (10) days after receiving written notice from Landlord; or such equipment and/or lighting may remain in the Premises, so long as (a) Tenant shall pay for all costs of installation and maintenance of submeters, wiring, air-conditioning, and other items required by Landlord, in Landlord's reasonable discretion, to accommodate Tenant's excess design loads and capacities; and (b) Tenant shall pay to Landlord, within thirty (30)days after rendition of a bill, the cost of the excess consumption of electrical service at the rates charged to Landlord by�lorida Pawer&Light,which � shall be in accordance with any applicable faws. ARTICLE VI. INSURANCE AND I DEIiIINITY. 6.1 TenanYs Insurance. The Tenant shall maintain the below required ,insurance in effect prior to awarding the Lease and for the duration of the Lease. The maintenance of proper insurance coverage is a material element of the Agreement and failure to maintain or renew coverage may be treated as a material breach of the Lease, which could result in withholding of payments or termination of the Lease. (A} Worker's Compensation Insurance for all employees of the vendor as required by Florida Statute 440, and Employer Liability Insurance for bodily injury or disease. Should the 16 1680 c5f 1791 Tenant be exempt from this Statute, the Tenant and each employee shall hold the City harmless from any injury incurred during performance of the Lease. The exempt Tenant shall also submit (1) a written statement detailing the number of employees and that they are not required to carry Workers' Compensation insurance and do not anticipate hiring any additional employees during the term of this Lease or(ii) a copy of a Certificate of Exemption. (B) Commercial General Liability Insurance on an occurrence basis. including products arid completed operations, property damage, bodily inju,ry and personal & advertising injury with limits no less than $1,000,000 per occurrence, and $2,000,000 general aggregate. (C) All-Risk property and casualty insurance, wri�en at a minimum of eighty (80%) percent of replacement cost value and with replacement cost endorsement,covering all leasehold improvements installed in the Demised Premises by or on behalf of Tenant and including without limit�tian all of TenanYs personal property in the Demised Premises (including, without limitation, inventory, trade fixtures, floor coverings, furniture, and other property removable by Tenant under the provisions of this Lease): � � ---- • �� � ... _: ;� . ' - .� (D) ` Liquor Liability Insurance on an occurrence basi's, including property damage, bodily injury and persona!�advertising injury with�limits no less thari;$1,000,000 per occurrence. (Required, if necessary} -. ; " � , i ; (E) Business interruption insurance, suffiicient�:fo insure Tenant for no less than.one (1) full; year of loss of business,,.with the Landlord named' thereon as. lo'ss payee to the extent permitted by applicable law. ' _ r . . _ ; , ' °: 6.2 Additional lnsured. Landlord:and the City of Miariii;Beach must be inctuded by endorsement as.an additional insured witti.respect to all liability policies (except Professional Liability and Workers' Compensation)_arising out of work or operations perFormed on behalf of the contractor including materials, parts; or eguipment furnished in ,connection with such work or operations and automobiles owned, leased. hired or borrowed in the form of an endorsement to the contractor's insurance 6.3 Notice of Cancellation. Each insurance policy required above shall provide that coverage shall not be cancelled, except with notice to Landlord and the City of Miami Beach C/O EXIGIS insurance Compliance Services. 6.4 Waiver of Subrogation. Vendor agrees to obtain any endorsement that may be necessary to afFect the waiver of subrogation on the coverages required. However, this provision applies regardless of whether the City has received a waiver of subrogation endorsement from the insurer. 6.5 Acceptability of Insurers. Insurance must be placed with insurers with a current AM. Best rating of A: VII or higher. If not rated, exceptions may be made for members of the Florida Insurance Funds (i.e. FWCIGA. FAJUA). Carriers may also be considered if they are licensed and authorized to do insurance business in the State of Florida. 6.6 Verification of Coverage. Tenant shall furnish Landlord and the City with original certificates and amendatory endorsements, or copies of the applicable insurance language, 17 1681 of 1791 effecting coverage required by this contract.All certificates and endorsements are to be received and approved by the City before work commences. However, failure to obtain the required documents prior to the work beginning shal!not waive the Contractor's obligation to provide them. The City resenres the right to require complete, certified copies of all required insurance policies, including endorsements, required by these specifications, at any time. CERTIFICATE HOLDER MUST READ: MIAMI BEACH REDEVELOPMENT AGENCY and ' CITY OF MIAMI BEACH c/o EXIGIS Insurance Compliance Services P.O. Box 4668- ECM #35050 New York, NY 10163-4668 Kindly submit all certificates-of insurance, endorsements, exemption letters to our seining agent, EXIGIS, at: Certificate-miamibeach@riskworks.com �, 6.7 Special Risks or Circumstances: The City of Miami Beach reserves the right to modify these requirements,, includirig limits. based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances. " : 6.8 Complian�ce with tFie.foregoing requirements shall not relieve the Tenant of his liability and obligation under this section or under any other section of this Lease. • � . 6.9 Loss or Damage: Indemnification. (A) Loss or Damage. Tenant acknowledges that the Landlord will be perForming any maintenance and repairs required of Landlord hereunder. Landlord shall not be liable for any � death or injury arising from or out of any occurrence in, upon, at. or relating to the Retail Space or damage to property of Tenant or of others located on the Premises or elsewhere in the Retail • Space, nor shall it be responsible for any loss of or damage to any properry of Tenant or others from any cause, unless such death, injury. loss, or damage results from the gross negligence or willful misconduct of Landlord. Without limiting the generality of the foregoing, landlord shall not -. be liable for any injury or damage to persons or property resulting from fire, explosion. falling plaster, falling ceiling tile, falling fixtures, steam. gas, electricify, water, plumbing works (outside of the Premises). roof, or subsurface of any floor or ceiling of the Retail Space or from the street or any other place or by any other cause whatsoever, unless resulting from the gross negligence or willful misconduct of Landlord. Notwithstanding the foregoing paragraph, in no event shall Landlord or the�City be (iable, whether to Tenant or to third parties_ for an interruption or failure in the supply of any utilities or services to the Premises. or for any damage to person or property arising from a force majeure event, environmental concerns, theft, vandalism, HVAC malfunction, sprinklers, appliances, plumbing works within the Premises, windows, dampness, the bursting or leaking of water pipes. any act or omission of Tenant, or its employee, agent, contractor, invitee, guest. assignee. or sub- 18 1682 of 1791 tenant or occupant of the Premises or of any other person, or otherwise.Additionally, all personal property placed or moved into the Premises will be at the sole risk of Tenant. (B) Tenant shall indemnify, defend and hold harmless Landlord and the City of Miami Beach from and against any and all losses (including loss of Minimum Rent and Additional Rent payable in respect to the Premises), claims, actions, damages, liability, and expense of any kind whatsoever(including attorneys'fees and costs at all:ribunal levels), unless caused by the gross negligence or willful misconduct of Landlord, arising from (1) any occurrence in, upon, or, all the Premises, (2) the occupancy, use, or improvement by Tenant, or its employee, agent, contractor, invitee, guest, assignee, or sub-tenant of the Premises or any part thereof, (3)wholly or in part by any act or omission of Tenant or its employee, agent, contractor, invitee, guest, assignee, sub- tenant or by anyone permitted to be on the Premises by Tenant; (4) any misuse, neglect or unlawful use of the Premises by Tenant or its employee, agent, cantractor, invitee, guest, assignee. or sub-tenant; or (5) any breach, violation, or non-performance of any undertaking of Tenant under this Lease. � (C) No Waiver of-Sovereign Immunity. Nothing contained-in.this section oc elsewhere_in this Lease is in any way intended to be a waiver of;fhe�limitation p'laced upon the Landlord or the City's liability as set forth in Florida Statutes Section 768.28. ; , ' ARTICLE VII. DAMAGE AND DESTRUCTION. � � 7.1 Damage to Premises. Tenant acknow(edges that if the Premises are partially or totally destroyed due to fire or other casualty, any repairs to or rebuilding of the damaged portions of the�Retail Space�will be performed by Landlord and in any event`only to the extent that Landlord is required-to repair or retiuild the Retail Space. If Landlord�repairs or rebuilds, Rent shall abate proportionately to the portion of the Pcemises, if any, rendered untenantable from the �date of destruction or damage until the repairs have been substantially completed. Upon being notified , that the repairs have been substantially completed, Tenant shall diligently pertorm all other work required to fully restore the Premises for use in Tenant's business, in every case at TenanYs cost � and without any contribution to such cost by Landlord, whether or not Landlord has at any time made any contribution to the cost of supply, installation, or construction of leasehold improvements in the Premises. Tenant agrees that during any period of reconstruction or repair of the Premises, it will continue the operation of its business within the Premises to the extent practicable. If all or any part of the Premises shall be damaged by fire or other casualty and the fire or other casualty is caused by the fault or neglect of Tenant or TenanYs agents, guest, or invitees, rent and all other charges shall not abate. 7.2 Termination for Damage. Notwithstanding section 7.1. if damage or destruction which has occurred to the Premises, or the Retail Space is such that in the reasonable opinion of Landlord such reconstruction or repair cannot be completed within one hundred twenty(120)days of the happening of the damage or destruction. Landlord or Tenant may, at its option, terminate this Lease on notice to the other given within thirty (30) days after such damage or destruction and Tenant shall immediately deliver vacant possession of the Premises in accordance with the terms of this Lease. �9 1683 of 1791 In addition, if Landlord undertakes the reconstruction or repair, and does not complete same within nine{9) months after the date of the fire or other casualty(subject to the time required to prepare plans for reconstruction, to obtain building permits, to receive distribution of insurance proceeds, and to complete the tikely contract bidding process and a!I other relevant factors, but not to exceed an additional ninety (90) days). then Tenant shall have the right to terminate this Lease by written notice to Landlord delivered within thirty (3Q) days after the expiration of such nine (9) month period {or as extended), whereupon both parties shall be relieved of all further obligations hereunder, except as otherwise expressly set forth herein. � ' ARTICLE VIlI.ASSIGfVAJIENT, lEASES.AND TRANSFERS. 8.1 Transfer'by Tenant.Tenant shall not enter into, consent to, or permit any Transfer. as hereinafter defined, without--the prior written .consent of Landlord in each instance: :For purpo.ses of this .Lease. `'Transfer" means an assignment of this Lease in whole or in..part; a sublease of all or any part of the P�emises; any transaction whereby the rights of Tenant under this Lease or to.the Premises are transferred to another; any mortgage or encumbrance of this Lease or the Premises or any part thereof or other arrangement und'er which either this Lease or the�Premises become security.far' any indebtedness a� other obligations: and if Tenant is a corporation or a partnership; the transfer of a controllirig interest (greater than 50%) in the stock of tfie corporation or partnership interests, as applicable-provided transfers lo family members and transfers to third parties of less than 50% of the stock of the Tenant are permitted without Land[ord consent: !f there !s a permitted Transfer; Landtord may;.collect rent or other payments from the transferee and apply the net.amount collected to the rent'o�other payments required to be�paitl pursuant to this Lease but no acceptance by Landlord ofany payments by a transferee shall�-be 'deemed a waiver of any �provisions hereof regarding Tenant. Notwithstanding any Transfer, Tenant shall not be released from any of its obligations under this Lease. Landlord's consent to any Transfer shall be subject to the further condition that if the Minimum Rent and Additional Rent pursuant to such Transfer exceeds the Minimum Rent and Additional Rent payabfe under this Lease, the amount of such excess shall be paid lo Landlord. If, pursuant to a permitted Transfer, Tenant receives from the transferee, eitfier directly or indirectly, any con�ideration other than Minimum Rent and Additionai Rent for such Transfer, either in the form of cash, goods, or services, Tenant shail, upon receipt thereof, pay to Landlord an amount equivalent to such consideration. Land(ord ack�owledges that any proceeds received in connection with the sale of Tenant's business (which sale shail include a corresponding assignment of this Lease) shall belong exc(usively to fhe Tenant and/or its principais), ARTICLE IX. DEFAULT. 9.1 Defaults.A defauit by Tenant shall be deemed to have occurred hereunder, if and whenever: (i)any Minimum Rent is not paid within�days from notice or demand for payment has been made by Landlord; (ii) any otherAdditional Rent is in arrears and is not paid within five (5) 20 1684 of 1791 days after written demand by Landlard. (iii) Tenant has breached any of its obligations in this Lease (other than the payment of rent) and Tenant fails to remedy such breach within thirty (30) days (or such shorter period as may be provided in this Lease), or if such breach cannot reasonably be remedied within thirty (30} days (or such shorter period), then if Tenant fails to immediately commence to remedy and thereafter proceed diligently to remedy such breach within , no later than sixty (60} days, in each case after notice in writing from Landlord; (iv} Tenant � becomes bankrupt or insolvent; (v) any of Landlord's policies of insurance witli respect to the Retail Space are cance(ed or adverseiy changed as a resuft of Tenant's use ar occupancy of the Premises; or (vi) the business operated by Tenant in the Premises shall be closed by governmental or court order for any reason. 9.2 Remedies. In the event of any default hereunder by Tenant, then without prejudice to any other rights which it has pursuant to this Lease or at law or in equity, Landlord shall have the,following rights and remedies, which are cumulative and not a,ltemative: - ,- �� �- � ' (A)� � Landlord may cancel this Lease by�.notice to Tenant and retake possession of the Premises for Landlord's account. o'r may terminate TenanYs right to.possession of the;Premises without terminating this Lease. In eifher event. Tenant;shall then quit and surrender the Premises to 'Landlord. If Landlord terminates Tenant's- right`to: possession of the Premises :without terminating this Lease, Tenant's liabifity underail of ttie �provisions of this Lease shall,continue notwithstanding any expiration.and surrender, or any �re-entry, -repossession, or disposition hereundec _ ' � . _ , - � : " (B) Landlord may enter'the Premises as agent of Tenant to take possession of any ' propeity of Tenanf on the P�emises, to�store,such properfy.at the expense and risk of.Tenant or to sell or atherwise dispose of such property in such manner as Landlord may see fit,without notice to Tenant. Re-entry and removal-may be effectuated by summary dispossess proceedings, by any suitabie action ar praceeding, or otherwise. Landlord shall not be liable in any way in connection with its actions pursuant to this section, to the extent that its actions are in accordance with law. (C) lf Landlord terminates Tenant's right to possession or the Premises without terminating this Lease under subsection (A) above, Tenant shall remain liable (in addition to accrued liabilities)to the extent legally permissible for all rent and all of the charges Tenant would have been required to pay until the date this Lease would have expired had such cancellation not occurred. Tenant's lia6ility for rent shall continue notwithstanding re-entry or repossession of the Premises by Landlord. In addition to the foregoing, Tenant shall pay to Landlord such sums as the court which has jurisdiction thereover may adjudge as reasonable attorneys'fees with respect to any successful lawsuit or action instituted by Landlord !o enforce the provisions of this Lease. (D) Landlord may relet all or any part of the Premises for all or any part of the unexpired portion of the Term of this Lease or for any longer period, and may accept any rent then attainable; grant any concessions af rent, and agree to paint or make any special repairs, alterations, and decorations for any new tenant as it may deem advisable in its sole and absolute discretion. 21 1685 of 1791 Landlord shall be under no obligation to relet or to attempt to relet the Premises, except as expressly set forth below. (E) If Landlord terminates Tenant's right to possession of the Premises without terminating this Lease under subsection (A) above, and Landlord so elects, the rent hereunder shall be accelerated and Tenant shall pay Landlord damages in the amount of any and all sums which would have been due for the remainder of the Term (reduced to present value using a discount factor equal to the stated prime lending rate on the date of TenanYs default by Landlord's then existing mortgagee or, if there is no mortgagee, by Citibank, N.A., New York). Prior to or following payment in full by Tenant of such discounted sum promptly upon demand, Landlord shall use good faith efforts to relet the Premises. If Landlord receives consideration as a result of a reletting of the Premises relating to the same time period for which Tenant has paid accelerated rent, such consideration actually received by Landlord, less any and all of Landlord 's cost of repairs, alterations, additions, redecorating, and other expenses in connection with such reletting of the Premises. shall be a credit against such discounted sum, and such discounted sum shall be reduced if not yet paid by Tenant as called for herein. or if Tenant has paid such discounted sum, such'credited amount;stiall be repaid to Teriant by Landlord (provided said credit shalt not exceed the accelerated amount). � � , (F) Landlord may remedy or attempt to r,emedy any default of Tenant under this Lease for the account of Tenant and to enter upon the Premises for such purposes. No notice of�landlord's intention to pertorm such covenants need be, g�iven Tenant unless expres'sly required'by this Lease. Landlord shall not-be liable to Tenant�for any loss'or damage caused by the reasonable acts of Landlord in remedy,ing or attempting to.remedy such default and Tenant shall pay to Landlord all expenses incurred by Landlord in connection with remedying or attempting to remedy such default.Any,expenses,incurred by Landlord shall accrue interest from the date of payment by Landlord until repaid by Tenant as Additional Rent pursuarit to section 2.6. 9.3 Costs. Tenant shall pay to Landlord on demand all costs incurred by Landlord, including attorneys' fees and costs al all-tribunal levels, incurred by Landlord in enforcing any of the obligations of Tenant under this Lease. In addition, upon any default by Tenant, Tenant shall be also liable to Landlord for the expenses to which Landlord may be put in re-entering the Premises; repossessing the Premises; painting, alte�ing, or dividing the Premises; combining the Premises with an adjacent space for any new tenant; putting the Premises in proper repair; protecting and preserving the Premises by placing watchmen and caretakers therein; reletting the Premises (including attorneys' fees and disbursements, marshal's fees, and brokerage fees. in so doing); and any other expenses incurred by Landlord. 9.4 Additional Remedies; Waiver. The rights and remedies of Landlord set forth herein shall be in addition to any other right and remedy now and hereinaffer provided by law.All rights and remedies shall be cumulative and non-excfusive of each ofher. No defay or omission by Landlord in exercising a right or remedy shall exhaust or impair the same or constitute a waiver of, or acquiescence to, a default. 9.5 Default by Landlord. In the event of any default by Landlord, Tenant's exclusive remedy shall be an action for damages or injunction, but prior to any such action Tenant will give 22 1686 of 1791 Landlord written notice specifying such default with particularity, and Landlord shali have a period of thirty (30) days following the date of such notice in which to cure such default; provided, however, that if such default reasonably requires more than thirty (30)days to cure. Landlord shall have a reasonable time to cure such default, provided Landlord commences to cure within such thirty (30) day period and thereafter diligently prosecutes such cure to completion). Notwithstanding any provision of this Lease, in the event of a default by Landlord. Tenant hereby agrees and acknowledges that in no event shall Landlord be liable for any incidental, indirect. special or consequential damages including, without limitation. loss of revenue or loss of profits of Tenant which may be aileged as a result of Landlord's default. and Landlord's maximum liability shall be as provided in section 9.6.. 9.6 Limitation of Landlord's Liabi(ity. Landlord desires to enter into this Lease only if in so doing the Landlord can place a limit on its liability for any cause of action for money damages due to an alleged breach by the Landlord!�of this Lease, so that its liabifity for any such breach never exceeds the sum of$40,000.00. Tenar+t hereby expresses its:willingness.to enter into this Lease with Tenant's recovery from the:.L'andlord for any damage action for;breach of contract to be limited to a maximum amount of$10,000.00.Accordingly, and notwithstanding any other term or condition of this Lease, Tenant hereby agrees that the Landlord shall not be liable to the Tenant for damages in an amount in excess of$10,000.00,for any_action or claim for breach of contract arising out of the performance or non-performance of'any obligations imposed upon the Landlord by this Lease. Nothing contained in this para`graph or elsewhere in this Lease is in any way intended to be a waiver of the limitation placed upon the Landlord's liability as set forth in Section 768.28. Florida Statutes . . � - , � � . � ; " '. : -- ARTICLE X. ESTOPPEL CERTIFICATE; SUBORDINATION. -10.1 Estoppel Certificate. Within ten (10) days after written request by Landlord, Tenant shall deliver in a form supplied by Landlord, an estoppel certificate to Landlord as to the status of this Lease, including whether this Lease is unmodified and in full force and effect (or, if there have been modifications, that this Lease is in full force and effect as modified and identifying the modification agreements); the amount of Minimum Rent and Additional Rent then being paid and the dates to which same have been paid; whether or not there is any existing or alleged default by either party with respect to which a notice of default has been served, or any facts exist which, with the passing of time or giving of notice. would constitute a default and, if there is any such default or facts, specifying the nature and extent thereof; and any other matters pertaining to this Lease as lo whicfi Landlord shall request such certificate. Landlord, and any prospective purchaser, lender, or ground lessor shall have the right to rely on such certificate. 10.2 Subordination: Attornment. This Lease and all rights of Tenant sha(I be subject and subo�dinate to any and all mortgages, security agreements, or like instruments resufting from any financing, refinancing, or collateral financing (including renewals or extensions thereo�, and lo any and all ground�leases, made or arranged by Landlord of its interests in all or any part of the Retail Space, from time to lime in existence against the Retail Space, whether now existing or 23 1687 of 1791 hereafter created. Such subordination shall not require any further instrument to evidence such subordination. However, on request. Tenant shall further evidence its agreement to subordinate this Lease and its rights under this Lease to any and al! documents and to all advances made under such documents. The form of such subordination shall be made as required by Landlord, its lender, ground lessor or the City.Tenant shall, if requested by Landlord, or a mortgagee. owner. or purchaser, or by any person succeeding to the interest of such mortgagee. owner, or purchaser, as the result of the enforcement of the remedies provided by!aw or the applicable instrument held by Landlord, such mortgagee, owner, or purchaser, automatically attorn to and become the tenant of Landlord or any such mortgagee, owner, purchaser. or successor-in-interest, without any change in the terms or other provisions of this Lease; provided, however, that Landlord, said mortgagee, owner, purchaser, or successor sha(I not be bound by (a) any payment of Minimum , Rent or Additional Rent for more fhan one (1} month in advance, or(b)any security deposit or the like not actually received by Landlord, such mortgagee, owner, or purchaser, or successor, or (c} any amendment or modification in this Lease made wifhouf the consent or Landford. such mortgagee, owner, purchaser-, or successor. or(d}any construction.obfigation, free rent, or other concession or monetary allowance,or(e)any set-off, counterclaim,or the like otl�erwise avaifable against Landlord, or (fl any act or'omission of:any prior landlord' (including Landlord). Upon request by Lantllord, said mortgagee,,owner. or purchaser, or successor, Tenant shall execute and`deliver an instrument or instruments confirming its a`ttornment. � � - : � Notwithstanding the„foregoing, any such:subordination of`this lease shall be conditioned on the Landford obtaining,a no-disturbance agreement in fa�or of Ten,ant_from'all mortgagees and ground lessors rega�ding•any financings, or ofher leases entered into by,Landiord with re5pect to the�Retail Space;and no subordination shalf,be:effective without a corresponding no disfurbance agreement. . - � . , ' , , . ARTICLE XI. COPITROL OF RETAIL SPACE BY LANDLORD. 11.1 Use and Maintenance of Common Areas. Tenant and those doing business with Tenant for purposes associated with Tenant's business on the Premises, shall have a non- exclusive license to use the comman areas for their intended purposes during normal business hours in common with others entitied thereto and subject to any rules and regulations imposed by Landlard. Land(ord shall use reasonabte efforts to keep the common areas in good repair and condition and shal( c(ean the common areas when necessary. Tenant acknowledges that any common areas of the Retail Space shall at all times be under the exclusive control and management of Landlord. For purposes of this Lease, "common areas" shall mean those areas, facilities, utilities, improvements, equipment, and installations of the Retail Space which serve or are for the benefit of tenants of more than one component of the Retaif Space and which are not designated or intended by Landlord to be leased, from fime to time, or which are provided or designated from time to time by Landlord and/or the City for the benefit or use of alf tenants in the Retail Space,their employees, customers, and invitees, in common with others entitled to the use or benefit of �ame. Tenant acknowledges that the Garage portion of the Facility is not a part of the Retail Space, and that Tenant has no right or license to use the Garage pursuanfi to this Lease. Any use by Tenant or its invitees of the Garage is subject to the rules and regulations in connection 24 1688 of 1791 therewith imposed by Landlord (or successor owner) and/or the operator of the Garage. No portion of the garage,is under Landlord's control or supervision, and Landlord shall not be liable for any damage to automobiles of any nature whatsoever to, or any theft of, automobiles or other vehicles or the contents thereof, while in or about the Garage. 11.2 Alterations by Landlord. Landlord and/or the City may (but shall not be obligated to) (i)alter, add to, subtract from, construct improvements on, re-arrange, and construct additional facilities in, adjoining, or proximate to the Retail Space; (ii) relocate the facilities and improvements in or comprising the Retail Space or erected on the Land; {iii) do such things on or in the Retail Space as required to comply with any(aws, by-laws, regulations, orders, or directives affecting the Land or any part of the Retail Spaee; and (iv)do such other things on or in the Retail, Space as l.andlord and/or the City, in the use of good business judgment determines to be advisable. provided that notwithstanding anything contained in this section 11.2, access to the Premises shall be available at a!I times. Landlord shall not be in breach of its covenants for quiet enjoyment or liable for any loss,ycosts, or damages, whether direct or indirect, incurred by Tenant due to any of.the foregoing; provided, Landlord sha!l,exercise its rights under'this, section in a manner'so as to�,rrminimize�a'ny disruption or interference with the operafion of Tenant's.business and property. � ' ' � J . - ,. ., ' . . " � ARTICLE XII. CONDEMNATION. ' . . 7 . . � . � . , ; � 12.1 Tota!'or Partia! Taking. If the'whole of the Premises, or such portion thereof as � will make the Premises unusable for.the purposes.leased hereunder, shall be taken by any public authority under,fhe powe�of eminent�domain or�sold to pulilic authority under threat or in lieu of such taking. the Term shalf cease as of the'day possession,or title shall 6e taken by such public � , authority, whichever is earlier("Taking Date"), whereupon'the rent and all other charges;shall be paid up to the Taking Date with a p'roportionate refund by�Landlord of any rent ancf all other charges paid for a period subsequent to the Taking Date. If less than the whole of the Premises, or less than such portion thereof as will make the Premises unusable for the purposes leased hereunder, the Term shall cease only as to the part so taken as of the Taking Date, and Tenant shall pay rent and other charges up to the Taking Date,with appropriate credit by Landlord(toward the next installmenf of rent due from Tenant) of any rent or charges paid for a period subsequent to the Taking Date. Minimum Rent and other charges payable to Landlord shall be reduced in proportion to the amount of the Premises taken. � 12.2 Award. All compensation awarded or paid upon a total or partial taking of the Premises or Retail Space including the value of the leaseh"old estate created hereby shall belong to and be the property of Landlord without any participation by Tenant;Tenant shall have no claim to any such award based on Tenanf's leasehold interest. However, nothing contained herein shall be construed to preclude Tenant. at its cost, from independently prosecuting any claim directly against the condemning authority m such condemnation proceeding for damage to, or cost of removal of, stock, trade fixtures. furniture, and other personal property belonging to Tenant and for Tenant's moving expenses; provided, however, that no such claim shall diminish or otherwise adversely affect Landlord's award or the award of any mortgagee. 25 1689 of 1791 C ARTICLE Xlil. PROHIBITIONS REGARDING S�►LE OR USE OF EXPANDED POLYSTYRENE FOOD SERVICE ARTICLES. SINGLE-USE PLASTIC BEVERAGE STRAWS,AND SINGLE- USE PLASTIC STIRRERS. 13.7 Tenant hereby agrees and acknowledges that, pursuant to Section 82-7 of the City Code, as may be amended from time to time, Tenant shall not sell. use, provide food in, or offer the use of expanded polystyrene food service articles (as defined in City Code Section 82-7) in the Premises.A violation of this section shalf be deemed a default under the terms of this Lease. Notwithstanding fhe above, this section shaf( not appfy to expanded pofystyrene food service articles used for prepackaged food that have been filled and sealed prior to receipt by Tenant. 13.2 Additionally, Tenant agrees and acknowledges that, pursuant to Section 82-8 of the City Code, as may be amended from time to time, Tenant shall not sell, use, provide food in, �r offer the use of single-use plastic beverage straws'or single-use pfastic stirrers (as defihed in City Code Section 82=8) in the Premises. A violakion of this section shall be deemed a default under the terms.of this Lease. Notwithstanding the above, the requirements of Section 82-8 shall not restrict Tenant from providing a beverage with, or�offering the use or, a single-use plastic beverage straw or single-use plastic stirrer to an individual wifh a disability or medical condition that impairs the consumption of beverages wifhout a singie-use plastic beverage straw or single- use plastic sfirrer. . , , _ .. 13.3 As. •additional consideration �for �fhis, Lease, separate and apart from the � requirements of Sections 82-7 and 82-8 of the City Code, Tenant agrees: (A). not sell, use, provide food in, vr offer the use of expancfed polystyrene food service articles in the Premises. A_violation of this section shall be deemed a default under the terms of this Lease. Notwithstanding the above, this section shall not apply to expanded polystyrene food service articles used for prepackaged food that have been filled and sealed prior to receipt by Tenant; and (B} not sel(, use, provide food in, or offer the use of singie-use pfasfic beverage sfraws or single- use plastic stirrers in the Premises.A violafion of this section shaf( be deemed a defauft under the terms of this Lease. Notwithstanding the above, Tenant shall be permifted to providing a beverage with, or offering the use of, a single-use plasfic beverage straw or single-use pfastic stirrer to an individual with a disability or medical condition that impairs the consumption of beverages without a single-use plastic beverage straw or single-use plastic stirrer. ARTICLE XIV. TENANT'S COMPLIANCE WITH FLORIDA'S PUBLIC RECORDS LAW. 14.1 Tenant shall comply with Florida Public Records law under Chapter 119, Florida Stafutes, as may be amended from time to time. 26 1690 of 1791 14.2 The term "public records" shall have the meaning set forth in Section 119.011(12), which means all documents, papers, letters, maps, books, tapes, photographs, films, sound recordings, data processing software, or other material, regardless of the physical form, characteristics, or means of transmission, made or received pursuant to law or ordinance or in connection with the transaction of official business of the City. 14.3 Pursuant to Section 119.0701 of the Florida Statutes. if the Tenant meets the definition of contractor as defined in Section 119.0701(1)(a), the Tenant shall: (A) Keep and maintain public records required by the City to perform the service; (B) Upon request from the City's custodian of public records, provide the City with a copy of the requested records or allow the records to be inspected or copied within a reasonable tine at a cost that does not exceed the cost provided in Chapter 19 9, Florida Statutes or as otherwise provided by law. - (C}-> Ensure that public records that are exempt or confidential an_d.exempt from public records disclosure requiremEnts�are'�not disclosed,.except as authorized by law;�for the duration of the contract,term and'following completion of tfie Lease if the Tenant does not transfer the records ta the City: � ; ` ` � ; ' , -. . ;" ; , � ' (D) Upon completion of the Lease, transfer; at no cost to fhe City, all pubfic records in possession of the Tenant,or keep and maintain pub{ic records requiced�by the Ciry to perform fhe servic'e. If the Tenant transfers aIC public records to the City upon completion of the Lease, the Tenant shall dest�oy any duplicate public recocds that ar.e exempt or confidential and exempt from public records disclosure,requirerrients. If the„Tenant keeps and�maintains pubfic records upon completion of the Lease,: the Tenant shall meet all appli'cable requirements for retain'ing public records.All recacds stored,electronicalfy.must be provided to the City,'upon request from the City's custodian_of public records,.in a format:that is compatible with the information technology systems of the City. 14.4 Request for Records: Noncompliance. (A) A request to inspect or copy public records relating to the City's contract for services must be made tiirectly to the City. If the City does not possess the requested records, the City shall immediately notify the Tenant of the request, and the Tenant must provide the records to the City or allow the records to be inspected or copied within a reasonable time. (B) Tenant's failure to comply with the City's request for records shalf constitute a breach of this Lease, and the City, at its sole discretion, may: (1) unilaterally terminate the Lease: - (2) avail itself of the remedies set forth under the Lease; and/or (3) avail itself of any availab(e remedies at law or in equity. (C) Tenant who fails to provide the public records to the City within a reasonable time may be subject to penalties under s. 119.10. 14.5 Civil Action. 27 1691 of 1791 � �(A) !f a civil action is filed against a Tenant lo compel production of public records relating to the City's contract for services, the court shall assess and award against the Tenant the reasonable costs of enforcement, including reasonable attorneys' fees, if: (1) The court determines that the Tenant unlawfully refused to comply with the public records request within a reasonable time; and (2} At least 8 business days before filing the action, the plaintiff provided written notice af the public records request, including a statement that the Tenant has not complied with the request, to the City and to the Tenant. (B) A notice complies with subparagcaph (A)(2) if it is sent to the City's custodian of public records and to the Tenant at the Tenant's address listed on its contract with the City or to the Tenant's registered agent. Such notices must be sent by common carrier delivery service or by registered, Global Express Guaranteed, or certified mail, with postage or shipping paid by the sender and with evidence of delivery, which may be in an electronic format. , _ � ., (G;)` : :A�Tenant who complies with a public.records requesfwithin 8 bu"siness days�after the'notice is sent is not liable for the reasonable costs of enforcement. � �.� �4.s IF �THE� ��,TENANT HAS�.-��QUESTION�S` REGARDING`� THE APP�LICATION OF_. �CHAP.TER 119;' FLORIDA ; STATUTES, TO THE ; . , TENANT'S D;UTY TQ.PRQVIDE PUBLlC RECORDS RELATlNG TO THIS : - -- ._;._.. ,_ , LEASE, CONTACT.THE CUST�DIAN OF PUBLIC RECORDS AT: : ; � � - � ;. . �. �� CiTY O� MIAMt BEACH ATTENTION: � , , � . " - RAFAEL E: GRANADO, ClTY CLERK , - • 1700 CONVENTION CENTER DRIVE � MIAMI BEACH, FLORIDA 33139 E-MAIL: 1�FAEL(;RAN�►DO(a�Ml�►ill1Q�EA�H�L.GOV PHONE: 305-673-7411 ARTICLE XV. INSPECTOR GENERAL AUDIT RIGHTS. 1�.1 Pursuant to Section 2-256 of the Code of the City of Miami Beach, the City has established the Office of the Inspector Generai which may, on a random basis, pertorm reviews, audits, inspections and investigations on all City contracts, throughout the duration of said contracts. This random audit is separate and distinct from any other audit performed by or on behalf of the City. I 15.2 The O�ce of the lnspector General is authorized to investigate City affairs and errrpowered to review past, present and proposed City programs, accounts, records, contracts and transactions. In addition, the lnspector General has the power to subpoena witnesses, administer oaths, require the production of witnesses and monitor City projects and programs. 28 1692 of 1791 Monitoring of an existing City project ar program may include a report concerning whether the project is on lime, within budget and in conformance with the contract documents and applicable law. The Inspector General shall have the power to audit, investigafe, monitor. oversee, inspect and review operations, activities, pertormance and procurement process including but not limited to project design, bid specifications, (bid/proposa!)submittals, activities of the Tenant, its officers, agents and employees, lobbyists, City staff and elected officials to ensure compliance with the contract documents and to detect fraud and corruption. Pursuant to Section 2-378 of the City Code, the City is allocating a percentage of its overall annual contract expenditures to fund the activities and operations of the Office of Inspector General. 15.3 Upon ten (10) days written notice to the Tenant, the Tenant shall make all requested records and documents available to the Inspector General for inspection and copying. The Inspector General is empowered to retain the services of independent private sector auditors to audit, investigate, monitor, oversee, inspect and review operations activities. performance and procurement process including.but not limited to project design, bid specifications, (bid/proposal) submittals; activities of the Tenant its officers, agents and employees; Cobbyists; City staff and elected officials,to ensure compliance with the cont'ract documents and fo detect fraud and corruption. . � , ' - ; 15.4 The lnspector Genera( shall have•the r'ight to inspect`and copy all documents and , , records in the Tenant's possession,; custody or�control'.which in the Inspector General's sole judgment, pertain to pertormance of the contract. including, but not limited`;to origina,l estimate files,,.,change order estimate files,., worksheets, propasals anci �agreements from; and with successful subc'ontracto'rs �and �suppliers, �all..:project-related correspondence, memoranda, instructions, financial documents, construction documents, '. (bid/proposal) and, contract documents, back-change documents,: all documents and records which involve cash, trade or volume.discounts, insurance proceeds', rebates, or dividends received, payroll and personnel records and supporting documentation for ttie aforesaid documents and recc�rds. 15.5 The Tenant shall make available at its office at all reasonable times the records, materials, and other evidence regarding the acquisition (bid preparation) and performance of this Lease, for examinafion, audit. or reproduction. until three (3)years after final payment under this Lease or for any longer period required by statute or by other clauses of this Lease. In addition: � (A) If this Lease is completely or partially terminated, the Tenant shall make available records reiating to the work terminated until three (3) years after any resulting final termination t settlement; and (B) The Tenant shall make available records relating to appeals or to litigation or the settlement of claims arising under or relating to this Lease until such appeals, litigation, or claims are finally resolved. 15.6 The provisions in this section shall apply to the Tenant, its o�cers, agents, employees, subcontractors and suppliers. The Tenant shall incorporate the provisions in this section in all subcontracts and all other agreements executed by the Tenant in connection with the performance of this Lease. 29 1693 of 1791 15.7 Nothing in this section shall impair any independent right to the City to conduct audits or investigative activities. The provisions of this section are neither intended nor shall they be construed to impose any liability on the City by the Tenant or third parties. ARTICLE XVI. GENERAL PROVISIONS 16.1 Delay. Whenever a period of time is herein prescribed for any action by Landlord or Tenant, as applicable, Landlord or Tenant, as applicable, shall not,be liable or responsible for, and there stialt be excluded frorri the computativn of such period of time,any delays due to strikes, riots, acts of God, pandemics, epidemics, shortages of labor or materials.�war, or governmental laws,`regulations,.or restrictions in the nature of a prohibition or.r»oratorium, or any�,6ona fide delay�beyond the.reasonable control of Landlord or Tenant, as applicable. The foregoing shall not app(y'to any payments ofi money due;,under this Lease,, ; • , 16.2 Hofding Over. If Tenant remains in possession of the Premises after the end of the'Term without haVing executed and delivered a new lease or an agreement extending-the Term, there-shall be no tacit renewal of.this Lease.or.the Term, and Tenant shall be deemed to be occupying the Premises as a Tenant from month to month at a monthly Minimum Rent payable in advance on the,.first day of each month equal to twice the morithly amount of Minimum Rent payable-during the last month of the Term, and otherwise upon the same terms as are setforth in this Lease, so far as theyare applicable to a monthly tenancy. - 16.3 Waiver: Partial Invalidity. If Landlord excuses or condones any default by Tenant of any obligation under this Lease, this shall not be a waiver of such obligation in respect of any continuing or subsequent default and no such waiver shall be implied.All of the provisions of this Lease are to be construed as covenants even though not expressed as such. If any provision of this Lease is held ar rendered illegal or unenforceable il shall be considered separate and severable from this Lease and the remaining provisions of this lease shall remain in force and bind the parties as though the illegal or unenforceable provision had never been included in this � Lease. 16.4 Recording. Neither Tenant nor anyone cfaiming under Tenant shall record this Lease or any memarandum hereof in any public records without the prior written consent of Landlord. , 16.5 Notices.Any notice, consent, or other instrument required or permitted to be given under this Lease shall be in writing and shall be delivered in person, or sent by certified mail, return receipt requested, or overnight express mail courier, postage prepaid. addressed (i) if to Landlord, at the address set forth in the Lease Summary; and (ii) if to Tenant, at the Premises or, 30 1694 of 1791 prior to Tenant's occupancy of the Premises, at the address set forth on the Lease Summary.Any • such notice or ofher instruments shall be deemed to have been given and received on the day upon which personal delivery is made or, if mailed, then forty-eight (48) hours following the date of mailing. Either party may give notice to the other of any change of address and after the giving of such notice, the address therein specified is deemed to be the address of such party,for the giving of notices. If postai service is interrupted or substantially delayed, a!I notices or other instruments shal( be delivered in person or by overnight express mail counter. 16.6 Successors; Joint and Several Liability. The �ights and liabilities created by this Lease extend to and bind the successors and assigns of Landlord and the heirs, executors. administrators, and permitted successors and assigns of Tenant. No rights, however. shall inure to the benefit of any transferee unless such Transfer constituting Tenant. their covenants shall be considered to�be joint and severa! and shaA apply to each and every one of them. 16.7 Captions and Section Numbers. The captions. section numbers. article numbers, and table of contents appearing in this, Lease are inserted only.;as a matter ,of convenience and in no way.affect the:substance of this Lease. ; . � .._ . � �_ . ' ;. � �. � . , , . , 16.8 Extended; Meanings.'The words "hereof," "hereto," "hereunder," and similar expre'ssions used in this Lease relate.to the whote;of`this Lease and;not only to the provisions in which�such expressions appear. This Lease shali be read with all changes in number and:'gender as may be appropriate or�equired by the con"text. Any, reference to Tenant includes,-when the context allows,the employees.�agents, invitee,s;and licensees of Tenant and all others ove`r whom Tenant might reasonably be expecfed to exercise confrol:�This LeaSe.has been fulfy reviewed and negotiated by each,party and their counset and;shal( not be more strictiy construed against ei'ther Pa►�Y� - � � , � , , �_;�16.9 Entire Agreement: Governirig Law; Time. This Lease and the Exhibits and Riders,�-if any, attached hereto are incorporated herein and set fortti the entire agreement befinreen Landlord and Tenant concerning the Premises and there are no other agreements or understandings between them.This Lease and its Exhibits and Riders may not be modified except by agreement in writing executed by Landlord and Tenant. This Lease shall be construed in accordance with and governed by the faws of the State of Florida. Time is of the essence of this Lease. 16.10 No Partnership.The parties hereby acknowledge that it is not their intention under this Lease to create between themselues a partnership, joint venture, tenancy-in-common, joint tenancy, co-ownership, or agency relationship. Accordingly, notwithstanding any expressions or provisions contained herein, nothing in this Lease, whether based on the calculation of rental or otherwise. shall be construed or deemed to create,or to express an intent to create. a partnership, joint venture, tenancy-in-common, joint tenancy, co-ownership or agency relationship of any kind or nature i,vhatsoever between the parties hereto. The provisions of this section shalt survive expiration of the Term. 16.11 Quiet Enjoym�nt. ff Tenant pays rent and other charges and fully observes and performs all of its obligations under this Lease, Tenant shall be entitled to peaceful and quiet 31 � 1695 of 1791 enjoyment of the Premises for the Term without interruption or interference by Landlord or any person cl�iming through �andiord. , 16.12 Brokerage. Landlord and Tenant each represent and warrant one to the other that except as set forth in the Lease Summary, neither of them has employed any broker in connection � with the negotiations of the terms of this Lease or the execution thereof. Landlord and Tenant hereby agree to indemnify and to hold each ofher harmiess againsf any loss, expense. or liability with respect to any claims for commissions or brokerage fees arising from or out of any breach of the foregoing representation and warranty. Landlord recognizes the broker(s) specified in the Lease Summary as the sole broker(s)with whom Landlord has dealt in this transaction and agrees to pay any commissions determined to be due said broker(s). 16.13 Radon Notice. Chapter 88-285, Laws of Florida, requires the following notice to be provided with respect to the contract for sale and purchase of any building, or a rental agreement for any building. RADON GAS: Rado{rr is a naturally occurrirtg rad'ioactive gas that; when it has accumulated in a building in sufficient quantities, may;present health risks to persons who are exposed to it over time. Leveis of radon that exceed federal and state guidelines have been found in builciings in Florida.Additional information regarding radon and radon testing may be obtained from your counfy pub(ic fiealth unit':;: ' � - � .. ' 96.14 No Discrimination. Tenant hereby agrees hereby agrees to comply with City of Miarrii Beach Human Rights Ordinance. as codified in Chapter 62-of the City Code. as may be amended from time to time, prohibiting discrimination; in� emplayment jincluding independent ; , , contractors), housing, public accorr�modat�ons, public services, and in connection with its mem6ership„or policies. because oi'actual or perceived race, color; national origin, religion, sex, intersexuality, sexual orient�tion, gender identity, familia!and`marita!status, age, ancestry, height, weight, liair texture and/or�hairstyle, domestic partner status, labor organization membership, famifiai situation, political affiliation. or disability. � 16.15 Execution.This Lease has been submitted for discussion purposes only and shall not be deemed an offer by either party to the other to enter into this Lease unless and until this Lease shall have been executed by both parties, indicating their acceptance of the terms and conditions contained herein. 16.16 TRIAL BY JURY. LANDLORD AND TE(dANT EACH HEREBY WAIVES tTS RIGHT TO A JURY TRIAL OF ANY ISSUE OR CONTROVERSY ARISING UNDER THIS LEASE. ' [SIGNATURE PAGE TO FOLLOW] � 32 1696 of 1791 EXECUTED as of the day and year first above written. ATTEST: LANDLORD: MIAMI BEACH REDEVELOPMENTAGENCY, A public body corporate and palitic By: By: Rafael E. Granado, Secretary Eric T. Carpenter, Executive Director Date: - , . �. . ATTEST: TENANT: ' , � � Miami-Dade.County Tax Collector's Office .. ; . , r" �, � - 4 , , ... . . . , - - , , S . By: � By; , . ; , .. . VVitness -. Name�tle: -., , � . - , , , ' , . . 'Print Narrie � _ . - Date: 33 1697 of 1791 EXHIBIT "A" LEGAL DESCRIPTION Lots 8, 9, 10, 11, 12 and 13, Block 57, Fisher's First Subdivision of Alton Beach, according to the Plat thereof, as recorded in Plat Book 2, Page 77 of the Public Records of Dade County, Florida, together with all of 96th Street (Avenue "C"), less and except the following described parcel: BEGINNING at the Southwest corner of Block 54 of said Fisher`s First Subdivision ofAfton Beach Plat; thence North 88° O' 53" East along the South line of said Block 54, a distance of 443.08 feet, to the Southeast corner of said Block 54; thence South 07° 35'04"West, a distance of 96.26 feet, to a point of cusp with a tangent curve concave to the Southwest; thence afong the arc of said curve to the left, having a radius of 25.00 feet and a central angel of 90° OQ' 00", an arc distance of 39.27 feet, to a point of tangency; thence North 82° 24' 52" West, a distance of 24. 75 feet; thence,,South 88° 00' S3",West albng a line 8.00 feet North of and parallel with, as measured at right angles to the North line of Block�7 of said p{at,.a distance of 382.18 feet to a point.on the Easterly Right-of-Way line of Washington Avenue; thence North,01 ° 59' 11" West along said � � Easterly Right-of=Way line, a distance of �� ; : . ' . �� � . � ; � � , . , �. � 62.00�feet to the Southwest�corner.of said Block 54 an.d the Point-of�beginning. � � Said lands lying and�being 'in.the City of Miami_Beach and`�containing 65;910 square feet (1.5131 Ac�es) more or less: - . "� - ' -" _�. . , . • , , . , ,. � . . - � . � . �. ,. � � � �� . , � 34 1698 of 1791 , EXHIBIT"B" < ' ir.-�.�f, � ��� = --. � i�_ �-.w ;3 ' D - - ... _.�. � � .� � ��� , __ .Qa - �_ m�_. � 6 .. �� � � . . . �} � . " 3 4 i �€i - le.. ._..._ —_' , 4 i"3 ?—-- . , . • .� . �''-- '-I�—�T � � .� � �- � � ; � � , � 1 . � � t ° ' ' .��.r.., 4 11 '� ' j ;' ° ��..,:.�� . ' ' ! . ��.�._..�.. . �.....: , 4 - � . _ , - - . s . � - . t. .. - ` . - , � . ¢ . , , ' t� � - . , � _ � SUtTE 0�1.A '. - - � : RETAI�I.SPA�CE � . . �-: _ � �. -. � - �� - , - - � . "� . . ••--�—.lrl;� .4��,r.``��1� . ' 6 i I. ' _ `t '1 " ' 4; ... , {� - . . . _ . ' . t �" � '�'- >, ..t. �. .._ . - -_ ' A _. lY6TH Si� 'o��vnxx, � . , , � _, - � . .. _-- �, _.��w._.t _. .. ..�_�.�----- "� .� ,��i - �+� � `� � : ; # �� ' -. . . � �� ���5�: � e�j�i� � � ��, tiE , E .,. ., . � r f _: �f { . �� : �r , � . .. �, 1 f a '�� ...�1 f� L��S,# "X ,,t �e�- � A � �e �^^�� . � � � " � _.__ . �"'J te t L. � � �.+{����• ,�.• • - � a �.., , i ' t " � - � .�.. "��- � � . , . ,� - . . . $ -��71R ��. Z 4 . _ . . _ ., . � r:lt�� � f ,Q � . . -r � ;{ ..��Y t. � .. -.-�, ' :. . , . _. � .. , ' ' . .�'� F_ .� , . ',,...._.._ �. � ,_ �: ���C;€,i,-cS9� . . � . .. . . .. . . . � _ „ .? ,v�' ' �e�"'�•.-r� , ' � : . . � �`' sf ,.in'. �. � �, z„� . -: � �. . � - : - .. . . , ..,�{�1SA.eJe �y' J�p� �'J`�. � .i . � , , -_ . . .+� � , � _ - � � . a�: � �. .� _ . � . . . . . . . �y�--°"1� �. �: -, � 35 1699 of 1791 EXHIBIT"C" RULES AND REGULATIONS , 1. Security. Landlord may from time to time adopt appropriate systems and procedures for the security or safety of the Retail Space, any persons occupying, using. or entering the same, or any equipment, furriishings, or contents thereof, and Tenant shall comply with Landlord's reasonable requirements relative thereto. 2. Return of Keys. At the end of the Term, Tenant shail promptly return to Landlord all keys for the Retail Space and Premises which are in the possession of Tenant. In the event any Tenant fails to ceturn keys, Landlord may retain $300.00 of TenanYs securiry deposit for Iocksmith work and administration. � 3. �,..Repair, Maintenance, Alterations. ,and Improvements. Tenant shall carry out Tenant's repair, maintenance, alterations, and improvements in the Fremises only during;time� agreed to iri advance by Landlord and in a manner which will nof interfere with the rights of ofher Tenant's in the Retail;Space.; :� : �� ', � '_ . '' 4. Water Fixtures.Tenant shall not use water fixtures for any purpose for which they ' are not intended, nor shall wafer;be wasted by tampering with. such fixtures. Any cost or damage resulting from such�misuse by Tenant shail be paid for by Tenant.�. � 5. Personal Use of Premises. The.Premises shall not Eie used or permitted�to be used for residential, lodging, or sleeping purposes or far the storage of personal'effects or property not required for business purposes., y ; 6. Heavy Articles. Tenant shal!�not place in or move about the Premises without Landlord's prior wriften consent any safe or other heavy article which in Landlord's reasonable opinion may damage the Premises,and Landlord may designate the location of any such heavy articles in the Premises. 7. Bicycles. Animals. Tenant shall not bring any animals or birds into the Retail Space and shall not permit bicycles or other vehicles inside or on the sidewalks outside the Retail Space except in areas designated from time to time by Landlord for such purposes. 8. Deliveries. Tenant shall ensure that deliveries of supplies, fixtures, equipment, furnishings, wares, and merchandise to the Premises are made through such entrances, elevators, and corridors and at such limes as may from time to time be designated by Landlord and shafl prompt(y pay or cause fo be paid to Landlord the cost of repairing any damage in the Retail Space caused by any person making improper deliveries. 9. Solicitations. Landlord reserves the right to restrict ar prohibit canvassing, soliciting, or peddling in the Retail Space. 10. aefuse. Tenant shall place all refuse in proper receptacles provided by Tenant at its expense in the Premises or in receptacles (if any) provided by Landlord for the Retail Space 36 1700 of 1791 and shall keep sidewalks and driveways outside the Retail Space. and lobbies. corridors, � stairwells. ducts, and shafts of the Retail Space,.free of all refuse. 11. Obstructions. Tenant shall not obstruct or place anything in or on the sidewalks or driveways outside the Retail Space or in the lobbies, corridors, stairwells, or other common areas, or use such locations for any purpose except access to and exit from the Premises w�thout Landlord's�prior written consent. Landlord may remove at Tenant's expense any such obstruction or thing caused or placed by Tenant (and unauthorized by Landlord)without notice or obligation to Tenant. 12. Proper Conduct. Tenant shall not conduct itself in any manner which is inconsistent with the character of the Retai( Space as a firsf qualify refiai( center, ar which wilf impair the comfort and convenience of other Tenant's in the Retail Space. 13. Empfoyees. Agents, and tnvifees. In these Rules and Regulations, "TenanY' includes the empfoyees,agents,invitees,and licensees of Tenant and;others permitted by Tenant: lo use or�occupy the Premises. , ' : �� . , ' 14. Pest.ControL In order,to.maintain satisfactory and uniform pest control throughout the Retail Space,Tenant_shall engage for its own Premises and at its sole cost, a qualifie;d pest ezter,mination cont�actor..either designated or'approved by Lanc!lord. who shall perform pest control a►�d exterminatian'services;in the Premises at'�such intenials as reasonably required or as may be directecf by l.andlord. . � , ` _ _ � _ � . 37 17�1 of 1791 EXHIBIT "D" TENANTIMPROVEMENTS ;. , - . , 38 1702 of 1791 EXHIBIT "E" LANDLORD'S SIGNAGE CRITERIA . Tenant Sign Standards— 16th Street and Washington Avenue Frontages Tenant signage is to be located in the 6'-0"wide transom panel above the entrance doors to each space. One 15amp 110voIt AC electrical circuit has been provided at the designated sign location above the entrance doors for illuminated Tenant signage. The area of the sign shall not exceed twenty (20) square feet. Three-:(3) tubular aluminum.mounfing raiis are provided on the transom fcaming, in front of_the glass line. The�Tenant sign sha(( mount to the raits.and shall be composed of individual letters; symbols, or decorative elemenfs. The individua( letfers are encou�aged to be neon illuminated. . , � , No box signs are aAowed so as to maintain maximum,transparency of the storefront line.. . .. ������9� --�� .�-- \ . ._-� � � ` � ' � � f ' ' , r � � � . , � , . � , . � . . • , � , � � � � � , � . i ; :, i� . I , , . ,.,, ! I�I � � - , ��i� � --�;�----�/:-.__�� � � _ '.: i_ f l ` f ;�t �� � - !I� j ( ; . ` � ; // / 31( 1 ' [ � i. `� ,{ iy+..1 �. � /'l ' ' ti/, �� � � �!i j % �► ! l � ► 1 ------� ��� _ ,: �� � � �: �� � :f� � ► ; _ ��; ► ��! ( ��i , � � � ��� ; � � � � I � �t� : � � � � � � .� �- I / ' � i ;i' � �f � r� � �,, �, , ; :� � � � ;; � ; l ! � ' � j j � , ; � Aci.�/AT14N-T�NANT�TRANSOM Sc'.�11��JS•■t'_o' 39 ., 1703 of 1791 Receiving Door Signs Each store shall have a sign identifying their receiving door, adjacent to the latch side of the door. Tenant shall,provide acid etched aluminum panel with blind studs, silicone cemented to the wall at 5'-O" above the finished floor. Tenant name copy shall be acid-etched, and paint filled. . � � � � ---- x , , , � � � � i ' " ' , ,.__� � � o , . . . I � � . , � � � � ' � , �1 ELEVaTtON-R�CEN(Nd OOOR SlGN 3+7.�L�tia•.,•-a' ' . �� �g• � � S �. , , TENANT NAME " � . ..e�.� - � � tiro. � 520 ^ � -�- C�Of Pan�� p lAYOUT-�ECE3V1{Va DOaF�SIGN G7 s�a:t�s�u.s� 40 1704 of 1791 EXHIBlT "F" PROHIBITED USES 1. In no event may the primary business at the Premises engage in the operation of a cocktail lounge. 2. In no event may the primary business at the Premises engage in the operation of a Cuban or Latin Cuisine. It is not the intent of Prohibited Uses to limit TenanYs Permitted Use, but to limit direct competition, consolidation of inerchandise, services, and business image between tenants. It is understood there may be some item(s)categories available in multiple locations at the Retai!Space, but there shall..not be comparabie categories alone with a similar display of business image. _ , � -� �- _ . , . ; . . . , ,, _" ; . _ . - � 41 � 1705 of 1791