How everyone voted: “A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN ASSIGNMENT AND ASSUMPTION OF LEASE AGREEMENT ('ASSIGNMENT'), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ('CITY'), MARIA M. HERNANDEZ AND TERESITA HERNANDEZ, AS TRUSTEES OF THE JOSE R. HERNANDEZ FAMILY TRUST ('SELLER'), AND CLEAR CHANNEL OUTDOOR, LLC ('LESSEE') TO ASSUME THE SELLER’S INTEREST AS LESSOR IN A LEASE GOVERNING AN EXISTING BILLBOARD LOCATED WITHIN 1702 AND 1714 WEST FLAGLER STREET, MIAMI, FLORIDA (COLLECTIVELY "PROPERTY"), WHICH THE CITY IS AUTHORIZED TO ACQUIRE PURSUANT TO RESOLUTION NO. R-26-0221, FOR THE PURPOSE OF PROVIDING LESSEE WITH NINETY (90) DAYS’ NOTICE TO TERMINATE THE LEASE, SUBJECT TO EXTENSION OF THE TERMINATION DATE IN WRITING BY THE CITY MANAGER; PROVIDING THAT ALL REVENUES RECEIVED UNDER THE LEASE PURSUANT TO THE ASSIGNMENT SHALL BE RESTRICTED FOR USE SOLELY FOR PARKS LOCATED WITHIN DISTRICT 3, SUBJECT TO ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID ASSIGNMENT, IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ASSIGNMENT, LEASE CANCELLATION, AND PROPERTY ACQUISITION.” | Votenoted
Miami Commission vote
“A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN ASSIGNMENT AND ASSUMPTION OF LEASE AGREEMENT ('ASSIGNMENT'), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ('CITY'), MARIA M. HERNANDEZ AND TERESITA HERNANDEZ, AS TRUSTEES OF THE JOSE R. HERNANDEZ FAMILY TRUST ('SELLER'), AND CLEAR CHANNEL OUTDOOR, LLC ('LESSEE') TO ASSUME THE SELLER’S INTEREST AS LESSOR IN A LEASE GOVERNING AN EXISTING BILLBOARD LOCATED WITHIN 1702 AND 1714 WEST FLAGLER STREET, MIAMI, FLORIDA (COLLECTIVELY "PROPERTY"), WHICH THE CITY IS AUTHORIZED TO ACQUIRE PURSUANT TO RESOLUTION NO. R-26-0221, FOR THE PURPOSE OF PROVIDING LESSEE WITH NINETY (90) DAYS’ NOTICE TO TERMINATE THE LEASE, SUBJECT TO EXTENSION OF THE TERMINATION DATE IN WRITING BY THE CITY MANAGER; PROVIDING THAT ALL REVENUES RECEIVED UNDER THE LEASE PURSUANT TO THE ASSIGNMENT SHALL BE RESTRICTED FOR USE SOLELY FOR PARKS LOCATED WITHIN DISTRICT 3, SUBJECT TO ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID ASSIGNMENT, IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ASSIGNMENT, LEASE CANCELLATION, AND PROPERTY ACQUISITION.”
Official title: A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN ASSIGNMENT AND ASSUMPTION OF LEASE AGREEMENT (“ASSIGNMENT”), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI (“CITY”), MARIA M. HERNANDEZ AND TERESITA HERNANDEZ, AS TRUSTEES OF THE JOSE R. HERNANDEZ FAMILY TRUST (“SELLER”), AND CLEAR CHANNEL OUTDOOR, LLC (“LESSEE”) TO ASSUME THE SELLER’S INTEREST AS LESSOR IN A LEASE GOVERNING AN EXISTING BILLBOARD LOCATED WITHIN 1702 AND 1714 WEST FLAGLER STREET, MIAMI, FLORIDA (COLLECTIVELY "PROPERTY"), WHICH THE CITY IS AUTHORIZED TO ACQUIRE PURSUANT TO RESOLUTION NO. R-26-0221, FOR THE PURPOSE OF PROVIDING LESSEE WITH NINETY (90) DAYS’ NOTICE TO TERMINATE THE LEASE, SUBJECT TO EXTENSION OF THE TERMINATION DATE IN WRITING BY THE CITY MANAGER; PROVIDING THAT ALL REVENUES RECEIVED UNDER THE LEASE PURSUANT TO THE ASSIGNMENT SHALL BE RESTRICTED FOR USE SOLELY FOR PARKS LOCATED WITHIN DISTRICT 3, SUBJECT TO ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID ASSIGNMENT, IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO EFFECTUATE SAID ASSIGNMENT, LEASE CANCELLATION, AND PROPERTY ACQUISITION.