R7M - Amend Convention Center Management Agreement

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, To Amend The City's Management Agreement ("agreement") With Global Spectrum, L.p. D/b/a Spectra Venue Management ("global") For The Management Of The Miami Beach Convention Center, Which Includes (1) Additional Scope To Include The Management And Maintenance Of (a) The Two City Facilities (clubhouse Buildings), Located Within The 21st Street Community Center Complex, Including The Carl Fisher Clubhouse, For Use As Dining And Catering Facilities, (b) Collins Canal Park, And (c) Pride Park; (2) An Extension Of The Term Of The Agreement For An Additional Eighteen Months (18) Months, Commencing On October 1, 2022 And Expiring On March 31, 2024, Commensurate With Covid-19 Related Impacts And The Closure Of The Convention Center To Events; And (3) Increasing The Management Fee By $75,000 Annually; And Approving The Waiver, By 5/7th Vote, Of The Formal Competitive Bidding Requirement In Section 2-367 Of The City Code, Finding Such Waiver To Be In The Best Interest Of The City; Further, Authorizing The Administration To Finalize Amendment No. 4 Based On The Terms Set Forth In This Resolution; And Further Authorizing The City Manager And City Clerk To Execute Amendment No. 4.