C7I - Approve Lease Agreement with Miami Beach Police...

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE CITY’S FINANCE AND ECONOMIC RESILIENCY COMMITTEE AT ITS MARCH 26, 2025 MEETING, AND APPROVING, IN SUBSTANTIAL FORM, A LEASE AGREEMENT BETWEEN THE CITY (“LANDLORD”) AND MIAMI BEACH POLICE ATHLETIC LEAGUE, INC. (“PAL” OR “TENANT”), FOR USE OF A BUILDING HAVING APPROXIMATELY 13,367 SQUARE FEET, LOCATED WITHIN FLAMINGO PARK, AT 999 11TH STREET (“PREMISES”), FOR A PERIOD OF NINE (9) YEARS AND THREE HUNDRED AND SIXTY-FOUR (364) DAYS, COMMENCING ON JULY 1, 2025 AND EXPIRING ON JUNE 29, 2035; AND FURTHER AUTHORIZING THE CITY MANAGER TO FINALIZE AND EXECUTE THE LEASE AGREEMENT.