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Summary Minutes:Regular City Commission Meeting July 18,2013 City of Sunny Isles Beach,Florida <br /> Commissioner Scholl moved and Vice Mayor Aelion seconded a motion to approve the <br /> Resolution. Resolution No. 2013-2095 was adopted by a voice vote of 5-0 in favor. <br /> 10R. A Resolution of the City Commission of the City of Sunny Isles Beach,Florida,Approving <br /> the Lease Agreement between the City of Sunny Isles Beach and American Federated <br /> Title Corporation as Trustee Under Florida Land Trust #3258 for the Restaurant <br /> Facilities and Bait Shop at the Historic Newport Fishing Pier,in Substantially the Same <br /> Form Attached Hereto as Exhibit"A";Authorizing the Mayor to Execute Said Agreement; <br /> Authorizing the City Manager and the City Attorney to Do All Things Necessary to <br /> Effectuate this Resolution; Providing for an Effective Date. <br /> Action: City Clerk Hines read the title,and City Attorney Ottinot reported noting that he and <br /> City Manager Russo negotiated a long-term lease for the restaurant and bait shop portion of <br /> the Pier with Dr. Cornfeld's company American Federated Titled Corporation. The initial <br /> term is for 20 years with three renewal terms of 20 years. Dr. Cornfeld's company is <br /> required to pay the City rent in the amount of$10,000 per month which will automatically <br /> increase if Dr. Cornfeld provides outdoor dining areas. The lease is subject to a CPI annual <br /> increase adjustment every fifth year of the term. The effective date of the leasing is 180 days <br /> from the date of execution. City Attorney Ottinot read additional conditions into the record. <br /> Public Speakers: None <br /> Vice Mayor Aelion moved and Commissioner Scholl seconded a motion to approve the <br /> Resolution. Resolution No. 2013-2096 was adopted by a voice vote of 5-0 in favor. <br /> 11. MOTIONS <br /> None <br /> 12. DISCUSSION ITEMS <br /> None <br /> 13. CITIZENS' FORUM: REQUESTS, PETITIONS & OTHER COMMUNICATIONS <br /> None <br /> 14. ADJOURNMENT <br /> Mayor Edelcup adjourned the meeting at 7:20 p.m. <br /> Respectfully submitted by(.,",‘ Approved by the City Commission on Sept. 19, 2013 <br /> CI: li. /1.4AA.Ad.e- <br /> Jane A.'Hines,.MMC;City,_Clerk No, an S. Edelcup, Mayo, <br /> °, f ` <br /> n .: <br /> 11 <br />