C7C - Fund $350k Tennis Center Terrace

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE AT THEIR OCTOBER 15, 2025 MEETING TO FUND THE TERRACE AT THE NORTH SHORE TENNIS CENTER IN THE AMOUNT OF $350,000 UTILIZING CAPITAL RESERVES, TO INCLUDE FUNDING IN THE FIRST AMENDMENT TO THE FY 2026 CAPITAL BUDGET AT THE DECEMBER 17, 2025 COMMISSION MEETING AND FURTHER DIRECTING THE CITY MANAGER TO NEGOTIATE AN EXTENSION TO THE TENNIS MANAGEMENT AND OPERATION AGREEMENT.