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RESOLUTION NO. 2024 -�
<br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH,
<br />FLORIDA, APPROVING A LEASE AGREEMENT WITH CREMA DOWNTOWN CORP. TO
<br />DESIGN, BUILD, OPERATE, AND LEASE RESTAURANT SPACE AT THE PROPERTY
<br />LOCATED AT 18050 COLLINS AVENUE, ATTACHED HERETO, IN SUBSTANTIALLY THE
<br />FORM, AS EXHIBIT "A"; AUTHORIZING THE PAYMENT OF BROKERS' COMMISSIONS
<br />TO COLLIERS INTERNATIONAL AND AVENUE REAL ESTATE PARTNERS, IN THE
<br />TOTAL AMOUNT OF NINETY-SEVEN THOUSAND ONE HUNDRED FIFTY DOLLARS
<br />AND SEVENTY-THREE CENTS ($97,150.73); AUTHORIZING THE CITY MANAGER TO
<br />DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR
<br />AN EFFECTIVE DATE.
<br />WHEREAS, on April 18th, 2024, via Resolution No. 2024-3642 ("Negroni Reso"), the City
<br />Commission of the City of Sunny Isles Beach (the "City") authorized the City Manager to negotiate a
<br />lease agreement with Negroni to design, build, operate, and lease a food operation at the property
<br />located at 18050 Collins Avenue (the "Services"); and
<br />WHEREAS, the City and Negroni reached an impasse in negotiations; and
<br />WHEREAS, on September 19th, 2024, via Resolution No. 2024-3721, the City Commission
<br />authorized the City Manager to negotiate a Lease Agreement with Crema Downtown Corp.
<br />("CREMA"); and
<br />WHEREAS, the City Manager has successfully negotiated a Lease Agreement with CREMA;
<br />and
<br />WHEREAS, the City Commission wishes to approve a Lease Agreement with CREMA to
<br />lease, design, build, and operate restaurant space, as more particularly described the Lease
<br />Agreement, attached hereto, in substantially the form, as Exhibit "A"; and
<br />WHEREAS, the City as Lessor, is responsible for the payment of brokers' commissions for
<br />the Lease Agreement, in the amount of Forty -Eight Thousand Five Hundred Seventy -Five Dollars
<br />and Thirty -Six Cents ($48,575.36) or 3% to Colliers International, and in the amount of Forty -Eight
<br />Thousand Five Hundred Seventy -Five Dollars and Thirty -Six Cents ($48,575.36) or 3% to Avenue
<br />Real Estate Partners, for a total of Ninety -Seven Thousand One Hundred Fifty Dollars and Seventy -
<br />Three Cents ($97,150.73) or 6%.
<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 Lease Agreement. The City Commission hereby approves a Lease
<br />Agreement with Crema Downtown Corp. to design, build, operate, and lease a food operation at
<br />the property located at 18050 Collins Avenue, attached hereto, in substantially the form, as Exhibit
<br />Section 2. Approval of Payment of Brokers' Commissions. The City Commission hereby
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