C7C - Grant for Collins Park Cultural Facility

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE ADMINISTRATION TO NEGOTIATE A GRANT AGREEMENT (“GRANT AGREEMENT”) BETWEEN THE CITY AND MIAMI NEW DRAMA, INC. (“MIND”) SUBSTANTIALLY IN THE FORM OF THE STANDARD G.O. BOND FOR ARTS & CULTURE GRANT AGREEMENT SPECIFYING THE TERMS AND CONDITIONS TO APPLY TO A GRANT IN THE AMOUNT OF $7.604 MILLION TO BE USED TO FUND THE CONSTRUCTION OF THE IMPROVEMENTS FOR THE COLLINS PARK CULTURAL FACILITY LOCATED IN THE CITY-OWNED COLLINS PARK GARAGE AT 340 23RD STREET PURSUANT TO THAT CERTAIN LEASE AGREEMENT DATED APRIL 18, 2022 BETWEEN THE CITY (AS LANDLORD) AND MIND (AS TENANT), SAID GRANT AGREEMENT TO BE CONSISTENT WITH THE TERM SHEET APPROVED PURSUANT TO CITY COMMISSION RESOLUTION NO. 2025-33710; APPROVING THE GRANT TO BE PAID TO MIND IN ACCORDANCE WITH THE TERMS OF THE GRANT AGREEMENT; AND AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE GRANT AGREEMENT IN A FORM APPROVED BY THE CITY ATTORNEY.