C7AD - Reduce Concession Agreement Payment

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving And Authorizing The Mayor And City Clerk To Execute Amendment No. 3 To The Concession Agreement With Bettoli Trading Corp (concessionaire) For The Operation Of Snack Machines At Various Locations On City Properties; With Said Amendment Reducing The Annual Minimum Guarantee Payment For The Final One-year Renewal Term, From $12,380.60 To $3,350.00, In Order To Address The Financial Impact That The Covid-19 Pandemic Has Had On The Concessionaire’s Operations