Reso 2014-2198 - Laserfiche WebLink

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RESOLUTION NO. 2014 -._206 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING THE FIRST AMENDMENT TO SUBLEASE AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH, AMERICAN FEDERATED TITLE CORPORATION, AS TRUSTEE UNDER FLORIDA LAND TRUST #3258, AND BEACH BAR (a—,, NEWPORT PIER, LLC, A FLORIDA LIMITED LIABILITY COMPANY, IN SUBSTANTIALLY THE SAME FORM ATTACHED HERETO AS EXHIBIT "A "; PROVIDING THE CITY MANAGER AND THE CITY ATTORNEY WITH THE AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on October 17, 2013, City Commission approved a Sublease Agreement between the City of Sunny Isles Beach ("Landlord ") and American Federated Title Corporation, as trustee under Florida Land Trust 43258 ("Sublessor ") and Beach Bar (a Newport Pier, LLC (`Subtenant ") for the restaurant facilities located at the Newport Pier; and WHEREAS, the Sublessor and the Subtenant have negotiated additional business terms which do not impact the rights of the Landlord; and WHEREAS, the City Commission wishes to approve the First Amendment to the Sublease Agreement. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Approving the First Amendment to Sublease Agreement. The First Amendment to Sublease Agreement between the City of Sunny Isles Beach, American Federated Title Corporation, as trustee under Florida Land Trust 43258, and Beach Bar (a Newport Pier. LLC, or assignee, a Florida limited liability company, is hereby approved in substantially the same form attached hereto as Exhibit `A ". Section 2. Authorization of City Manager and City Attorney. The City Manager and City Attorney are hereby authorized to do all things necessary to effectuate the terms of this Resolution. Section 3. Effective Date. This Resolution shall become effective upon adoption.