CA.12 - Approve Seaplane Base Sublease Assignment
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A RESOLUTION OF THE MIAMI CITY COMMISSION APPROVING A PROPOSED ASSIGNMENT OF THE AMENDED AND RESTATED AIR TERMINAL FACILITY SUBLEASE (“SUBLEASE”) BETWEEN THE CITY OF MIAMI, AS SUCCESSOR TO MIAMI SPORTS AND EXHIBITION AUTHORITY (“MSEA”), AND CHALKS AIRLINES, INC., D/B/A MIAMI SEAPLANE BASE AND NAUTILUS ENTERPRISES, LLC, TO MIAMI SEAPLANE VENTURES LLC, A FLORIDA LIMITED LIABILITY COMPANY; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ALL RELATED DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY; PROVIDING FOR AN EFFECTIVE DATE.
Sponsors
Department: Department of Real Estate and Asset Management
Category: Other
WHEREAS, MSEA was abolished by Ordinance No. 13801, adopted on October 25, 2018; and
WHEREAS, all rights, duties, and obligations of MSEA under the Sublease were transferred to the City pursuant to Ordinance No. 13801; and
WHEREAS, the current Sublease provides for an expiration date of October 18, 2043; and
WHEREAS, on June 9, 2026, the Tenant provided notice to the City requesting to assign the Sublease to Miami Seaplane Ventures, LLC, a Florida Limited Liability Company, formed in June of 2026 (“Miami Seaplane”); and
WHEREAS, the Sublease provides that any sale, assignment or transfer of the sublease, or any part thereof, shall require the prior written approval of the Miami City Commission, which may be granted, conditioned or withheld; and
WHEREAS, as a condition of approval of the proposed assignment, Miami Seaplane shall be required to use best efforts not to permit helicopter takeoff, landing and parking operations on or above the Property; and
WHEREAS, the City Commission finds it in the best interest of the City to approve the proposed assignment as provided herein;
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 adopted by reference and incorporated as if fully set forth in this Section.
Section 2\. The City Manager is authorized to execute any and all necessary documents in a form acceptable to the City Attorney to effectuate the approved assignment of the Amended and Restated Air Terminal Facility Sublease to Miami Seaplane.
Section 3\. This Resolution shall become effective immediately upon adoption and signature by the Mayor.
Fiscal Impact
N/A