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Reso 2013-2095
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Reso 2013-2095
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Last modified
8/19/2013 4:27:47 PM
Creation date
7/24/2013 12:11:44 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2013-2095
Date (mm/dd/yyyy)
07/18/2013
Description
Mgmt Agmt for Newport Fishing Pier w/American Federated Title Corp
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SUNNY tste City of Sunny Isles Beach City Commission <br /> o� �e Norman S.Edelcup.Mayor <br /> 18070 Collins Avenue, Suite 250 Isaac Action,Vice Mc or <br /> n <br /> Jeanette Gam), Commissioner <br /> 5. r? Sunny Isles Beach, Florida 33160 <br /> 1144.- � _-= a"Bud" Levin,Commissioner <br /> gY..� (305)947-0606 City Hall George"Bud"Scholl.Commissioner <br /> _ (305)949-31 13 Fax <br /> i D9r at ce (305)947-2150 Building Department Christopher J.Russo City Manager <br /> e err ' F t p 9'‘?�S (305)947-5107 Fax Hans Ottiuot,City Attorney <br /> r or SUS F Jane A.Hines.CMMC,Ciry Clerk <br /> MEMORANDUM <br /> TO: The Honorable City Commission . <br /> FROM: Hans Ottinot, City Attorney <br /> DATE: July 18, 2013 <br /> RE: Resolution Approving Management Agreement for Historic Newport Fishing <br /> Pier <br /> RECOMMENDATION: <br /> This Resolution is presented for your consideration. <br /> REASONS: <br /> The City has entered into a public/private partnership with Dr. Robert Cornfeld to rebuild the <br /> Historic Newport Fishing Pier. To continue the partnership, staff is recommending approval of the <br /> attached Management Agreement with American Federated Title Corporation (`American <br /> Federated"). The pertinent terms of the Agreement are the following: <br /> (1) Dr. Cornfeld's company American Federated is responsible for <br /> managing the Pier. <br /> (2) A 5 year term with the right to terminate by the City for cause <br /> or without. <br /> (3) Sharing of expenses for management of the Pier from <br /> admission revenues. <br /> (4) Use of the Pier by the City up to nine (9)times a year. <br /> (5) Requiring discount admission fees for residents. <br /> (6) The City is responsible for cleaning the exterior of the Pier. <br /> The above terms are essential terms of the Management Agreement. <br />
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