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RESOLUTION NO. 2023 - <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, <br />FLORIDA, APPROVING A PARKING LICENSE AGREEMENT BETWEEN THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, AND JP MORGAN CHASE BANK, NA, FOR <br />PARKING SPACES ALONG ATLANTIC BOULEVARD, BETWEEN 177TH DRIVE AND <br />175TH TERRACE, ATTACHED HERETO AS EXHIBIT "A"; AUTHORIZING THE MAYOR <br />TO EXECUTE SAID AGREEMENT; AUTHORIZING THE CITY MANAGER TO DO ALL <br />THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN <br />EFFECTIVE DATE. <br />WHEREAS, JP Morgan Chase Bank, NA ("Chase") approached the City requesting parking <br />spaces for automobiles owned by Chase's employees; and <br />WHEREAS, the City and Chase desire to enter into an non-exclusive Parking License <br />Agreement for ten (10) parking spaces along Atlantic Boulevard, between 177th Drive and 1751h <br />Terrace for a monthly fee of Two Thousand Five Hundred Dollars ($2,500.00), plus sales tax, <br />attached hereto as Exhibit "A". <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA AS FOLLOWS: <br />Section 1. Approval of Parking License Agreement. The Parking License Agreement by and <br />between the City of Sunny Isles Beach and JP Morgan Chase Bank, NA for use of ten (10) parking <br />spaces along Atlantic Boulevard, between 177th Drive and 175th Terrace for a monthly fee of Two <br />Thousand Five Hundred Dollars ($2,500.00), plus sales tax, attached hereto as Exhibit "A". <br />Section 2. Authorization of Mayor. The Mayor is hereby authorized to execute said Parking <br />License Agreement. <br />Section 3. Authorization of City Manager. The City Manager is hereby authorized to do all <br />things necessary to effectuate this Agreement. <br />Section 4. Effective Date. This Resolution will become effective upon adoption. <br />PASSED AND ADOPTED thl <br />Larisa Svechin, Mayor <br />R2023 Chase Bank Parking Agreement Page 1 of 2 <br />