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HomeMy WebLinkAboutReso 2023-3526RESOLUTION NO. 2023- 5 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, RATIFYING A THIRD AMENDMENT TO THE LEASE AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH, FLORIDA, AND SUFFOLK CONSTRUCTION COMPANY, INC., EXTENDING THE TERM OF THE LEASE AGREEMENT TO JULY 31, 2023, ATTACHED HERETO AS EXHIBIT "A"; PROVIDING THE CITY MANAGER WITH THE AUTHORITY TO DO ALL THINGS NECESSARYTO EFFECTUATE THE TERMS OF THE SECOND AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sunny Isles Beach, Florida ("City") owns property located at 18050 Collins Avenue, Sunny Isles Beach, which was formerly operated as a Tony Roma's restaurant ("Property"); and WHEREAS, Suffolk Construction Company, Inc. ("Suffolk") desired to rent, and the City desired to lease, a portion of the Property as a temporary construction office from the City; and WHEREAS, on July 21, 2022, via Resolution No. 2022-3376, the City Commission approved a lease agreement between the parties for a term commencing on July 23, 2022, and expiring on December 23, 2022, in an amount of Five Thousand Dollars ($5,000.00), per month, subject to the terms and conditions set forth in said lease agreement (the "Lease Agreement"); and WHEREAS, on September 15, 2022, via Resolution No. 2022-3403, the City Commission ratified a First Amendment to the Lease Agreement, providing that Suffolk shall pay rent in an amount of Ten Thousand Dollars ($10,000.00) per month, and may utilize additional space within the Property as set forth therein; and WHEREAS, on December 15, 2022, via Resolution No. 2023-3459, the City Commission ratified Second Amendment to the Lease Agreementwith Suffolk, extending the leaseterm and increasing the monthly rent, in an amount of $20,000.00 per month; and WHEREAS, pursuant to the authority provided by the City Commission, the City Manager executed a Third Amendment to the Lease Agreementwith Suffolk, extending the lease term to July 31, 2023, attached hereto as Exhibit "A". NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OFTHE CITY OF SUNNY ISLES BEACH, FLORIDA: Section 1. Incorporation of Recitals. The foregoing recital paragraphs are hereby ratified and confirmed as being true and the same are hereby made part of this Resolution. Section 2. Ratification of Third Amendment to the Agreement. The City Commission hereby ratifies the Third Amendment to the Lease Agreement between the City of Sunny Isles Beach and Suffolk Construction Company, Inc., attached hereto as Exhibit "A". R2023 Second Amendment to Suffolk Lease Page 1 oft Section 3. Authorization of City Manager. The City Manager is hereby authorized to do all things necessary to effectuate this Resolution. Section 4. Effective Date. This Resolution shall become effective upon passage. PASSED AND ADOPTED upon this 20th day o July 023. ATTEST: n Maur cio etancu , CMC, City Clerk Larisa Sve4hin, Mayor APPROVED AS TO FORM AND LEGAL SUFFICIENCY: r alerie Vicente, City Attorney Moved by(&���'%55-�-i' je:e'A Seconded by: Vote: Mayor Svechin L/ (Yes) (No) Vice Mayor Viscarra - (Yes) (No) Commissioner Joseph (Yes) (No) Commissioner Lama (Yes) (No) Commissioner Stuyvesant (Yes) (No) R2023 Second Amendment to Suffolk Lease Page 2 of 2 °S„"NY ISSO THIRD AMENDMENT TO THE TRIPLE NET LEASE AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH AND Os fUN SUFFOLK CONSTRUCTION COMPANY, INC. This Third Amendment to the Triple Net Leaseback Agreement between the CITY OF SUNNY ISLES BEACH ("Landlord") and SUFFOLK CONSTRUCTION COMPANY, INC. ("Tenant"), executed this 21 day of ,j -hf, , 2023, is made a part of the original Triple Net Leaseback Agreement dated July 22, 2022, as amended, between the Landlord and Tenant ("Lease"). The Landlord and Tenant hereby agree as follows: 1. EFFECTIVE DATE. The Effective Date of this Third Amendment shall be June 29, 2023. 2. AMENDING TERM. Section 1 of the Lease "Lease Term" is hereby deleted in its entirety, and the following language shall be substituted: Lease Term. This Lease shall commence on July 23, 2022 (the "Commencement Date"), and shall terminate on July 31, 2023, unless terminated earlier by either party by giving the other written notice of termination fourteen (14) days prior to the date the tenancy shall end (the "Termination Date"). On the Termination Date, the Tenant shall be required to immediately vacate the Property. 3. OTHER PROVISIONS REMAIN IN EFFECT. Except as specifically modified herein, all terms and conditions of the original Lease between the parties dated July 22, 2022, as amended, shall remain in full force and effect. 4. CONFLICTING PROVISIONS. The terms, statements, requirements, or provisions contained in this Third Amendment shall prevail and be given superior effect and priority over any conflicting or inconsistent terms, statements, requirements or provisions contained in any other document or attachment. [SIGNATURE PAGE TO FOLLOW] Suffolk Lease Agreement — Third Amendment IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment as of the date mentioned above. WITNESS: Signature Print Name ATTEST: BY: Mau is Betanc CMC City Clerk Suffolk Lease Agreement — Third Amendment SUFFOLK CONSTRUCTION COMPANY Signature '0' J 1982 qQH Print Name, As its 'IltilllI CI1 Im 9 APPROVED T -q FORM AND LEG OF CIE e P� BY: r Valerie Vicente for Nabors Giblin & Nickerson PA City Attorney