C7H - Authorize Lease Agreement for Mbpd Storage Ware...

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE CITY MANAGER TO NEGOTIATE A LEASE AGREEMENT BETWEEN THE CITY (“TENANT”) AND BCPF AVE, LLC (“LANDLORD”), BASED UPON THE ESSENTIAL TERMS SET FORTH IN THIS RESOLUTION, FOR LEASE OF APPROXIMATELY 24,991 SQUARE FEET OF WAREHOUSE SPACE, LOCATED AT 14101 NW 57TH AVENUE, MIAMI LAKES, FL 33054 (“PREMISES”), TO BE USED BY THE MIAMI BEACH POLICE DEPARTMENT (“MBPD”) FOR STORAGE; SAID LEASE HAVING AN INITIAL TERM OF FIVE (5) YEARS, COMMENCING ON AUGUST 1, 2025, WITH ONE (1) RENEWAL TERM OF FIVE (5) YEARS AT THE OPTION OF THE CITY MANAGER; AND FURTHER, FOLLOWING COMPLETION OF SUCCESSFUL NEGOTIATIONS AND REVIEW AND APPROVAL BY THE CITY ATTORNEY, AUTHORIZING THE CITY MANAGER TO EXECUTE THE LEASE AGREEMENT.