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Reso 2013-2096
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Reso 2013-2096
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Last modified
8/19/2013 4:30:31 PM
Creation date
7/24/2013 12:21:04 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2013-2096
Date (mm/dd/yyyy)
07/18/2013
Description
Lease Agmt for Restaurant & Bait Shop at Pier w/American Federated Title Corp
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RESOLUTION NO. 2013- 6, <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br /> OF SUNNY ISLES BEACH, FLORIDA, APPROVING THE <br /> LEASE AGREEMENT BETWEEN THE CITY OF SUNNY <br /> ISLES BEACH AND AMERICAN FEDERATED TITLE CORP. <br /> AS TRUSTEE UNDER FLORIDA LAND TRUST #3258 FOR <br /> THE RESTAURANT FACILITIES AND BAIT SHOP AT THE <br /> HISTORIC NEWPORT FISHING PIER, IN SUBSTANTIALLY <br /> THE SAME FORM ATTACHED HERETO AS EXHIBIT "A"; <br /> AUTHORIZING THE MAYOR TO EXECUTE SAID <br /> AGREEMENT; AUTHORIZING THE CITY MANAGER AND <br /> THE CITY ATTORNEY TO DO ALL THINGS NECESSARY <br /> TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN <br /> EFFECTIVE DATE. <br /> WHEREAS, by Letter Agreement dated November 25, 2008, the City and Dr. Robert <br /> Cornfeld or assigns ("Cornfeld") entered into a private/public partnership to rebuild the Historic <br /> Newport Fishing Pier(the "Pier"); and <br /> WHEREAS, in furtherance of the private/public partnership, the City and American <br /> Federated Title Corp. as Trustee under Florida Land Trust #3258 or assigns, ("American <br /> Federated") a company affiliated with Cornfeld, have negotiated a long term Lease Agreement to <br /> operate the restaurant and bait shop at the Pier, in order to offer for sale and sell food, beverages <br /> and other related ancillary products at the Pier; and <br /> WHEREAS, the City wishes to enter into a Lease Agreement with American Federated <br /> to operate the Restaurant Facilities and Bait Shop at the Pier. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Approval of the Lease Agreement. The City Commission hereby approves the a <br /> Lease Agreement with American Federated to operate the Restaurant Facilities and Bait Shop at <br /> the Pier in substantially the same form attached hereto as Exhibit "A". <br /> Section 2. Authorization of Mayor. The Mayor is hereby authorized to execute said <br /> Agreement. <br /> Section 3. Authorization of City Manager and City Attorney. The City Manager and City <br /> Attorney are hereby authorized to do all things necessary to effectuate this Resolution. <br /> Section 4. Effective Date. This Resolution shall become effective upon adoption. <br /> Approving The Lease Agmt With American Federated Title Corporation Page 1 of 2 <br />
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