C7M - Increase Colony Theatre Management Fee

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE ADMINISTRATION TO NEGOTIATE, FINALIZE, AND EXECUTE AMENDMENT NO. 4 TO THE COLONY THEATRE MANAGEMENT AGREEMENT BETWEEN THE CITY AND MIAMI NEW DRAMA, INC. TO REFLECT A $200,000 INCREASE TO THE MANAGEMENT FEE, AS APPROVED IN THE FISCAL YEAR 2025 BUDGET.