C7AH - Amend Art Basel License Agreement

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving An Amendment To The License Agreement Between The City Of Miami Beach, Global Spectrum, L.p. D/b/a Spectra Venue Management, And Art Basel U.s. Corp., For Use Of The Miami Beach Convention Center For The Annual Art Basel Miami Beach Show ("amendment"), Which Amendment (1) Includes A Three (3) Year Extension For The 2024, 2025, And 2026 Annual Shows; (2) Reduces The 2021 License Fee To $100,000; And (3) Provides For Discounted Resident Tickets For The 2021 Annual Show, Among Other Terms; Further, Authorizing The Administration To Finalize The Amendment Based On The Terms Set Forth In This Resolution; And Further, Authorizing The City Manager To Execute The Amendment.