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<br />RESOLUTION NO. 2005- ~7 <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, APPROVING A P ARKlNG <br />LICENSE AGREEMENT BY AND BETWEEN THE CITY OF SUNNY <br />ISLES BEACH AND FORTUNE BEACH, LLC FOR USE OF A <br />PORTION OF THE PARKING LOTS UNDER THE WILLIAM <br />LEHMAN CAUSEWAY AND THE SUNNY ISLES BOULEVARD <br />CAUSEWAY; AUTHORIZING THE MAYOR TO EXECUTE THE <br />PARKING LICENSE AGREEMENT, ATTACHED HERETO AS <br />EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO DO ALL <br />THINGS NECESSARY TO EFFECTUATE THE AGREEMENT; <br />PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach ("City") has entered into lease agreements with <br />the Florida Department of Transportation ("FDOT") for use of the parking lots and surrounding <br />property under the William Lehman Causeway and the Sunny Isles Boulevard Causeway; and <br /> <br />\VHEREAS, these lease agreements permit the City to collect a daily fee from the general <br />public for the use of those parking lots; and <br /> <br />WHEREAS, in December 2003 the City entered into a parking license agreement with <br />Tangiers Beach Associates, an affiliate of Fortune Beach, LLC ("Fortune"), for certain parking <br />spaces in the parking lot under the William Lehman Causeway, which agreement terminated on <br />December 1, 2004; and <br /> <br />WHEREAS, Fortune wishes to continue using certain parking spaces in the parking lots <br />under the William Lehman Causeway and under the Sunny Isles Boulevard Causeway for the <br />parking of employee vehicles and construction equipment; and <br /> <br />\VHEREAS, Fortune has agreed to construct park-like improvements at the western portion <br />of the Sunny Isles Boulevard parking lot in exchange for such use, which has an estimated value of <br />$300,000. <br /> <br />NO\V 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 Parking License Agreement. The Parking License Agreement by and <br />between the City of Sunny Isles Beach and Fortune Beach, LLC for use of a portion of the parking <br />lots under the William Lehman Causeway and the Sunny Isles Boulevard Causeway, attached hereto <br />as Exhibit "A", be, and the same is hereby approved. <br /> <br />Section 2. <br /> <br />Authorization of Mayor. The Mayor is hereby authorized to execute said Agreement. <br /> <br />Section 3. <br /> <br />Authorization of City Manager. The City Manager is hereby authorized to do all <br /> <br />R2005.Forrune Pkg License Agmt For Siblvd <br /> <br />Page 1 of 2 <br />