C7O - Rescind 1 Ocean Dr Concession Term Sheet

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Rescinding Resolution No. 2023-32586, Which Authorized The Administration To Negotiate A Proposed Non-binding Term Sheet With City’s Existing Beachfront Concessionaire With Respect To The Potential Management Or Operation Of The Property Located At 1 Ocean Drive And Adjacent Concession Area (the “property”), To Be Effective After The Expiration Of The Existing Lease And Concession Agreement With Penrod Brothers, Inc.; And Directing The Administration To Prepare And Issue A Request For Proposals (rfp) For The Management Or Operation Of A High End Beach Establishment And Ancillary Uses On The Property And Adjacent Concession Area, In Accordance With The Requirements Set Forth In This Resolution.