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Reso 2014-2198
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Reso 2014-2198
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Last modified
1/8/2015 2:41:29 PM
Creation date
4/3/2014 11:12:41 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2014-2198
Date (mm/dd/yyyy)
02/20/2014
Description
1st Amd to Sublease Agmt w/Amer Fed. Title & Beach Bar Newport Pier
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6 *FLOR ` <br />C/T y OF SUN <br />TO <br />FROM <br />DATE: <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947 -0606 City Hall <br />(305) 949 -3113 Fax <br />(305) 947 -2150 Building Department <br />(305) 947 -5107 Fax <br />MEMORANDUM <br />Honorable Mayor and City Commission <br />Christopher J. Russo, City Manager <br />February 20, 2014 <br />City Commission <br />Norman S. Edelcup, Mayor <br />Isaac Aelion, Vice Mayor <br />Jeanette Gatto, Commissioner <br />Jennifer Levin, Commissioner <br />George "Bud" Scholl, Commissioner <br />Christopher J. Russo, City Manager <br />Hans Ottinot, City Attorney <br />Jane A. Hines, MMC, City Clerk <br />RE: Approving the First Amendment to Sublease Agreement with American <br />Federated Title Corp., as trustee under Florida Land Trust #3258 and <br />Beach Bar @ Newport Pier, LLC <br />RECOMMENDATION <br />This Resolution is presented for your consideration. <br />REASONS <br />By Resolution No. 2013 -2139, adopted on October 17, 2013, the City Commission approved a <br />Sublease Agreement between the City, American Federated Title Corporation, as trustee under <br />Florida Land Trust #3258 ( "Sublessor ") and Beach Bar @ Newport Pier, LLC ( "Subtenant "). The <br />Sublessor and the Subtenant have negotiated new business terms between themselves. These new <br />business terms do not impact the City's obligation or rights. However, it is important to note that <br />the rent commencement date is April 1, 2014. <br />
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