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HomeMy WebLinkAbout2004-25584 Reso RESOLUTION NO. 2004-25584 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A PARKING LEASE AGREEMENT WITH THE NATIONAL MARINE MANUFACTURERS ASSOCIATION (NMMA) BOAT SHOW FOR THE PREFERRED PARKING LOT, AND RELATED AREAS; SAID LEASE FOR SPECIFIC DATES IN FEBRUARY 2005, 2006, 2007, AND 2008, RESPECTIVELY, AND RUNNING CONCURRENTLY WITH THE NMMA BOAT SHOW LEASE AGREEMENT FOR THE MIAMI BEACH CONVENTION CENTER. WHEREAS, the National Marine Manufacturers Association (NMMA) Boat Show has entered into a Lease Agreement with SMG for the lease of the Miami Beach Convention Center (MBCC) for specific dates in February 2005,2006,2007, and 2008, for the Miami International Boat Show; and WHEREAS, the NMMA Boat Show also leases the Preferred Parking Lot, located at 1800 Convention Center Drive, to extend its exhibit space from the interior of the MBCC; and WHEREAS, the NMMA Boat Show has leased the Preferred Parking Lot for the past eleven (11) years; and WHEREAS, the Administration has negotiated the attached new Parking Lease Agreement with the NMMA Boat Show for specific dates in February 2005,2006,2007, and 2008, respectively; and WHEREAS, said Agreement is to run concurrently with the NMMA Lease Agreement with SMG at the Miami Beach Convention Center; and WHEREAS, the attached Lease Agreement increases the net return to the City over the previous Lease Agreement, and provides for staging and meter rentals for bus passenger drop-off and pick-up areas, to and from the NMMA Boat Show. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City Commission, herein approve and authorize the Mayor and City Clerk to execute a Parking Lease Agreement with the National Marine Manufacturers Association (NMMA) Boat Show for the Preferred Parking Lot, and related areas; said Lease for specific dates in February 2005, 2006, 2007, and 2008, respectively, and running concurrently with the NMMA Boat Show Lease Agreement for the Miami Beach Convention Center. day of ,2004 PASSED AND ADOPTED this 9th ATTEST: ~'Z~~ CITY CLERK f APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION JMG/CMC/SF F:IPINGI$ALLISAULICOMMRESOlboatshow2004.RES.doc Alj JAlft.j)~ 6- 3~()l( ~ Date CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY lD Condensed Title: A Resolution approving a parking lease agreement with the NMMA (National Marine Manufacturers' Association) Boat Show for the Preferred Parking Lot and related space, for specific dates in February 2005; 2006; 2007; and 2008, said lease running concurrently with the Boat Show Lease with SMG for the Miami Beach Convention Center. Issue: Should a parking lease agreement be approved with NMMAlBoat Show for the use ofthe Preferred Parking Lot and related space on certain dates in February 2005, 2006, 2007, and 2008? Item Summary/Recommendation: The NMMA Boat Show has a current lease agreement for the Miami Beach Convention Center through 2010. The parking lease agreement would run concurrent to the MBCC lease through 2008. This would allow for additional exhibitor space in the Preferred Parking Lot. An increase in rental rates equating to 9.7% has been negotiated despite a decrease in show dates from six to five days. Adopt the Resoiution. Financial Information: Amount to be expended: D Finance Dept. Source of Funds: City Clerk's Office Legislative Tracking: I T:\AGENDA\2004\Jun0904\Consent\vice-mayor- SUM. doc AGENDA ITEM e 7 c.. DATE (i;- 9-(}f( CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.ci.miami-beach.fl.us ~ To: From: Subject: COMMiSSiON MEMORANDUM Mayor David Dermer and Members of the City Commission Date: June 9, 2004 Jorge M. Gonzalez~ ..~ City Manager ,.. ~ tJ A RESOLUTIO OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING A PARKING AGREEMENT LEASE WITH THE NMMA (NATIONAL MARINE MANUFACTURERS' ASSOCIATION) BOAT SHOW FOR THE PREFERRED PARKING LOT AND RELATED SPACE; ADDITIONAL TRAILER/BOAT STAGING SPACE; AND SERVICES TO BE PROVIDED BYTHE CITY'S PARKING DEPARTMENT, FOR SPECIFIC DATES IN FEBRUARY 2005; 2006; 2007; AND 2008, SAID LEASE RUNNING CONCURRENTLY WITH THE BOAT SHOW LEASE WITH SMG FOR THE MIAMI BEACH CONVENTION CENTER. ADMINISTRATION RECOMMENDATION: Adopt the Resolution. BACKGROUND: On April 16, 1993, the City of Miami Beach entered into a Lease Agreement with NMMA (National Marine Manufacturers Association) for specific days in February 1994, 1995, 1996, 1997 and 1998 for the NMMA Miami International Boat Show, for the rental of the Preferred Parking Lot and related public areas as extended exhibit space. The Mayor and Commission approved a three (3) year agreement in 1998 for specific days in February 1999,2000, and 2001. Subsequently, the Mayor and Commission approved a three (3) year agreement in 2001 for specific days in February 2002,2003, and 2004. The Parking Lease Agreement ran concurrent with the NMMA lease of the Miami Beach Convention Center. The NMMA Miami International Boat Show has entered into a Lease Agreement with SMG for the rental of the Miami Beach Convention Center for specific dates in February 2005 through 2010. The NMMA desires to continue the rental of the Preferred Parking Lot for exhibit space and other areas for ancillary uses. The attached lease embodies the proposed Lease Agreement for the parking lot and related areas and runs concurrent with the NMMA lease of the Miami Beach Convention Center. ANALYSIS: The following are the previous and revised terms as negotiated with NMMA and outlined in the attached agreement. All other terms remain consistent unless otherwise noted: June 9, 2004 Commission Memorandum Boat Show Agreement Page 2 of 3 1. Rental Fees: Existing: The lease executed in September 2001 for years 2002, 2003, and 2004 provided for a rental rate of $64,000, including applicable taxes, for the initial term (2002) and provided for successive annual CPI increases or three percent (3%), whichever was greater. The rental rate for Year 2004 (final year) was $67,897. NMMA agreed to subsidize fifty percent (50%) of the City's park and ride shuttle operation, in an amount not to exceed $10,000 per year. Proposed: A rental rate of $72,990 for Year 2005 (initial year) was negotiated with successive annual adjustments based on the Consumer Price Index (CPI) or three percent (3%), whichever is greater. This reflects a 7.5 % increase over the prior year's rental fee, despite one less show date as the show dates are being reduced, from six to five, commencing with the 2005 show. In addition, NMMA has again agreed to subsidize fifty percent (50%) of the City's park and ride shuttle operation, in an amount not to exceed $12,500 per year. This is an increased subsidy of 25%. 2. Schedule of Use: The "Schedule of Use" has been revised to be consistent with the Move-In Dates, Show Dates, and Move-Out Dates schedules at the Miami Beach Convention Center via SMG for years 2005, 2006, 2007, and 2008. 3. Notices: All contact information has been revised with current information. It is important to note that language shall remain in the agreement to provide for future development and/or proposed improvements to the Preferred Parking Lot, if and when it is deemed appropriate. CONCLUSION: The Lease Agreement proposed for the 2005, 2006, 2007, and 2008 Boat Shows commands a rental rate for all areas and services in the amount of $72,990 per year, a 7.5% increase, despite a reduction in show dates from six (6) to five (5). In addition, NMMA agrees to continue subsidizing 50% of the City's park and ride operations, up to $12,500 per year, an increase of 25% over the prior period. When adding the proposed rental rate of $72,990 to the $12,500 shuttle subsidy, the City will increase its return from the show annually from $77,897 to $85,490, a 9.7% increase over last year, despite one less show date. The proposed lease represents a consensus document, and is in the best June 9, 2004 Commission Memorandum Boat Show Agreement Page 3 of 3 interest of the City of Miami Beach. The Administration recommends approval of the Resolution and the Lease Agreement. JMGlC~/SF T:\AGENDA 12004 IJune9\consentlboatshow2004.cme.doc