C7AA - Negotiate Boucher Bros Mgmt
View full title
A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Accepting The Recommendation Of The Finance And Economic Resiliency Committee, At Its April 21, 2023 Meeting, To Authorize The Administration To Negotiate A Proposed Non-binding Term Sheet With Boucher Brothers Miami Beach, Llc (the βboucher Brothersβ) With Respect To The Potential Management Or Operation Of The Property Located At 1 Ocean Drive, To Be Effective After The Expiration Of The Existing Lease And Concession Agreement With Penrod Brothers, Inc.; Further, Requesting That The Administration And City Attorneyβs Office Consider, As Part Of The Negotiations, Whether The Foregoing Should Be Accomplished Either As An Amendment To The Boucher Brothersβ Concession Agreement Or As A Stand-alone Agreement; And Further Providing That The Negotiated The Term Sheet Shall Be Subject To The Prior Review And Approval Of The Mayor And City Commission, To Allow The City Commission To Determine Whether It Desires To Proceed Further With A Proposed Management Agreement Or Concession Agreement, In Accordance With Section 1.03(f) Of The City Charter.
Sponsors
Commission Vote Result
5-2
PASSED
Detailed Information
|