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<br />RESOLUTION NO. 2005-.JB:L <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, APPROVING A LEASE AGREEMENT <br />BETWEEN THE CITY OF SUNNY ISLES BEACH AND <br />VANGUARD CAR RENTAL USA INC., ATTACHED HERETO AS <br />EXHIBIT "A"; AUTHORIZING THE MAYOR TO EXECUTE <br />SAID AGREEMENT; AUTHORIZING THE CITY MANAGER TO <br />DO ALL THINGS NECESSARY TO EFFECTUATE THE TERMS <br />OF THIS AGREEMENT; PROVIDING FOR AN EFFECTIVE <br />DATE. <br /> <br />WHEREAS, by Order dated March 24, 2005, the City of Sunny Isles Beach has been <br />awarded fee simple title of the property located at 18080 Collins Avenue, commonly known as <br />the Alamo Property; and <br /> <br />WHEREAS, the property is leased by Vanguard Car Rental USA, Inc., whose desire is <br />to continue to lease and use the Leased Premises for the operation of a rental car facility; and <br /> <br />WHEREAS, the City wishes to continue to lease space to Vanguard Car Rental USA, <br />Inc.; and <br /> <br />WHEREAS, the City and Vanguard have modified the original lease entered into on July <br />8, 1997, by and between Mitsubishi Motor sales of America, Inc. predecessor to the City of the <br />property. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Agreement. The City Commission hereby approves the Amended <br />Lease Agreement between the City of Sunny Isles Beach and Vanguard Car Rental USA, Inc. <br />attached hereto as Exhibit "A", with conditions outlined in attached letter from Vanguard Car <br />Rental USA, Inc. <br /> <br />Section 2. Authorization of Mayor. The Mayor IS hereby authorized to execute said <br />agreement. <br /> <br />Section 3. Further Authorization of City Manager. The City Manager is authorized to do all <br />things necessary to effectuate the intent of this Resolution. <br /> <br />Section 4. Effective Date. This Resolution shall become effective upon adoption. <br />PASSED AND ADOPTED this ~ day of April, 2005. <br /> <br />Approval of Lease Agreement / Vanguard Car Rental Page 1 of 2 <br />