NA.2 - 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, STAT...
October 8, 2026
Sponsors
Commissioner Rolando Escalona (D3)
Vote Details
ADOPTED
Motion to: Adopt
Mover: Rolando Escalona, Commissioner
Seconder: Miguel Angel Gabela, Commissioner
Ayes (5):
Gabela, Pardo, Escalona, Rosado, King
Enactment Number: R-26-0471
Department: City Commission
Category: Non-Agenda Item
WHEREAS, pursuant to Resolution No. R-26-0221, the Miami City Commission authorized the City Manager to negotiate and execute a purchase and sale agreement for the acquisition of real property, located at 1702 and 1714 West Flagler Street, Miami, Florida, and identified by Folio Nos. 01-4103-014-0010 and 01-4103-014-0020 (collectively, the “Property”), from Maria M. Hernandez and Teresita Hernandez, as Trustees of the Jose R. Hernandez Family Trust (“Seller”); and
WHEREAS, a portion of the Property is subject to an existing lease agreement (“Lease”) between Seller, as lessor, and Clear Channel Outdoor, LLC (“Lessee”), for the operation of a billboard on the Property; and
WHEREAS, the Lease provides that, in the event of a sale of the leased parcel, Seller or buyer may cancel the Lease by providing Lessee ninety (90) days’ written notice, sent by certified or registered mail, within thirty (30) days from the date of closing, and that buyer and Seller shall also furnish Lessee with a certified deed or other proof of purchase; and
WHEREAS, to facilitate the City’s acquisition of the Property and exercise of the Lease cancellation right, including any written extension of the effective termination date as provided herein, the City of Miami (“City”) wishes to authorize the City Manager to assume Seller’s interest as lessor under the Lease pursuant to an Assignment and Assumption of Lease Agreement (“Assignment”), in a form acceptable to the City Attorney; and
WHEREAS, the City Commission finds that authorizing the Assignment in the manner specified herein to effectuate the acquisition of the Propertyis in the best interest of the City; and
WHEREAS, in accordance with Section 2-33(f) of the City Code, the City Commission, by a majority vote, hereby deems this Resolution to be of an emergency nature;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is authorized1to negotiate and execute the Assignment between the City, Seller, and Lessee, in a form acceptable to the City Attorney, to assume Seller’s interest as lessor in the Lease governing the existing billboard on the Property, provide Lessee with the required termination notice, and extend the effective termination date in writing, provided that any extension is in a form acceptable to the City Attorney.
Section 3. All revenues received by the City pursuant to the Lease, as assigned, shall be restricted for use solely for City parks located within Commission District 3, subject to all applicable federal, state, and local laws that regulate the use of such funds.
Section 4. The City Manager is further authorized 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, any authorized extension of the effective termination date, and acquisition of the Property.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.
WHEREAS, a portion of the Property is subject to an existing lease agreement (“Lease”) between Seller, as lessor, and Clear Channel Outdoor, LLC (“Lessee”), for the operation of a billboard on the Property; and
WHEREAS, the Lease provides that, in the event of a sale of the leased parcel, Seller or buyer may cancel the Lease by providing Lessee ninety (90) days’ written notice, sent by certified or registered mail, within thirty (30) days from the date of closing, and that buyer and Seller shall also furnish Lessee with a certified deed or other proof of purchase; and
WHEREAS, to facilitate the City’s acquisition of the Property and exercise of the Lease cancellation right, including any written extension of the effective termination date as provided herein, the City of Miami (“City”) wishes to authorize the City Manager to assume Seller’s interest as lessor under the Lease pursuant to an Assignment and Assumption of Lease Agreement (“Assignment”), in a form acceptable to the City Attorney; and
WHEREAS, the City Commission finds that authorizing the Assignment in the manner specified herein to effectuate the acquisition of the Propertyis in the best interest of the City; and
WHEREAS, in accordance with Section 2-33(f) of the City Code, the City Commission, by a majority vote, hereby deems this Resolution to be of an emergency nature;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Manager is authorized1to negotiate and execute the Assignment between the City, Seller, and Lessee, in a form acceptable to the City Attorney, to assume Seller’s interest as lessor in the Lease governing the existing billboard on the Property, provide Lessee with the required termination notice, and extend the effective termination date in writing, provided that any extension is in a form acceptable to the City Attorney.
Section 3. All revenues received by the City pursuant to the Lease, as assigned, shall be restricted for use solely for City parks located within Commission District 3, subject to all applicable federal, state, and local laws that regulate the use of such funds.
Section 4. The City Manager is further authorized 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, any authorized extension of the effective termination date, and acquisition of the Property.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.