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
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CITY OF MIAMI BEACH
COMMISSION ITEM SUMMARY
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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
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