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Item R7F

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R7F - 1.  A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving, Following Second Reading/public Hearing, Pursuant To Section 82-37(a)(2) Of The City Code, An Amended And Restated Lease Agreement ("lease Amendment"), Attached To The Commission Memorandum Accompanying This Resolution, Between The City Of Miami Beach ("city") And 1 Washington Avenue Corp. D/b/a Smith & Wollensky Restaurant (the "tenant"), The Current Long-term Restaurant Operator Of The City-owned Property Located At 1 Washington Avenue, Miami Beach, Florida, As Described More Particularly In The Lease Amendment (the "premises"), For The Continued Operation Of The Smith & Wollensky Restaurant, Which Lease Amendment Shall Provide For: (1) An Extension To The Term Of The Existing Lease, Through December 31, 2045, With Two (2) 10-year Renewal Term Options; (2) Increased Rent Due To The City For The Premises, Which Shall Be The Greater Of $1,042,550 Annually, Subject To A 2.5% Annual Escalator, Or 9% Of The Tenant's Gross Revenues; (3) Tenant Improvements To The Premises, Including Upgrades And Completion Of The 40- Year Recertification For The Premises; And (4) Community Benefits, Including, The Reimbursement Of The City's Costs, In An Amount Not To Exceed $60,000, For The City's Installation Of A Security Gate For The Entrance To The South Pointe Park Parking Lot, And Free Restaurant Mentorship Seminars, At Tenant's Sole Expense; Further, Providing That The Lease Amendment Shall Be Subject To And Contingent Upon Approval By A Majority Of The Voters Voting In A City-wide Referendum Pursuant To Section 1.03(b)(1) Of The City Charter; Further, Waiving, By 5/7th Vote, The Competitive Bidding Requirement Of Section 82-39(a) Of The City Code, Finding That The Public Interest Would Be Served By Waiving Such Condition.    2.  A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving A Concession Agreement, Attached As An Exhibit To The Commission Memorandum Accompanying This Resolution, Between The City Of Miami Beach ("city") And 1 Washington Avenue Corp. D/b/a Smith & Wollensky Restaurant ("concessionaire") For The Management And Operation Of An Outdoor Food And Beverage Concession In Connection With Concessionaire's Smith & Wollensky Restaurant Operation Located At 1 Washington Avenue, Miami Beach, Florida, Which Concession Agreement Includes (1) A Combined Outdoor Concession Area Of 1,450 Square Feet; (2) A Term Of Nine Years Commencing On January 1, 2022; And (3) A Concessionaire Payment To The City Consisting Of The Greater Of A $400,000 Minimum Guarantee Or 10% Of Gross Revenues Derived From The Operation Of The Concession Area; And Further, Waiving, By 5/7th Vote, The Competitive Bidding Requirement Of Section 2-367(e) Of The City Code, Finding Such Waiver To Be In The Best Interest Of The City.

July 28, 2021
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Property Management

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Resolutions - R7  F




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:July  28, 2021
 

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