RDA-6 - Approve Open Vision One Lease Amendment
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A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), APPROVING, IN SUBSTANTIAL FORM, AMENDMENT NO. 2 TO THE LEASE AGREEMENT BETWEEN THE RDA (LANDLORD) AND OPEN VISION ONE, LLC (TENANT), FOR USE OF APPROXIMATELY 4,236 SQUARE FEET OF GROUND FLOOR RETAIL SPACE AT THE ANCHOR SHOPS AND GARAGE, AS A FINE DINING RESTAURANT LOCATED AT 1560 COLLINS AVENUE, SUITE NOS. 3-4 (PREMISES); SAID AMENDMENT EXTENDING THE RENT ABATEMENT PERIOD DUE TO UNANTICIPATED DELAYS RELATED TO THE APPROVAL OF THE GREASE TRAP FOR THE RESTAURANT FOR UP TO AN ADDITIONAL EIGHT (8) MONTHS, UNTIL THE EARLIER OF (I) APRIL 24, 2025 OR (II) THE DATE THAT IS THIRTY (30) DAYS AFTER TENANT OPENS FOR BUSINESS; AND FURTHER, AUTHORIZING THE EXECUTIVE DIRECTOR TO FINALIZE AND EXECUTE THE AMENDMENT.