C7G - Approve Grant for Cultural Arts Facility

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE GRANT AGREEMENT, AS AMENDED, WITH MIAMI NEW DRAMA, INC. (“GRANTEE”), AS AUTHORIZED BY RESOLUTION NO. 2025-33909, IN CONNECTION WITH THE GENERAL OBLIGATION BOND FOR ARTS & CULTURE PROGRAM, IN THE AMOUNT OF $7.604 MILLION, FOR THE CONSTRUCTION OF IMPROVEMENTS TO THE COLLINS PARK CULTURAL FACILITY LOCATED WITHIN THE CITY OWNED COLLINS PARK GARAGE AT 340 23RD STREET; PROVIDING TERMS AND CONDITIONS FOR THE GRANTEE’S CONDITIONAL USE OF ANY UNUSED CONTINGENCY FUNDS, CONSISTENT WITH THE COLLINS PARK CULTURAL ARTS FACILITY LEASE AGREEMENT DATED APRIL 18, 2022, BETWEEN THE CITY (AS LANDLORD) AND MIAMI NEW DRAMA, INC. (AS TENANT); AND AUTHORIZING THE CITY MANAGER AND CITY CLERK TO FINALIZE AND EXECUTE THE GRANT AGREEMENT IN A FORM APPROVED BY THE CITY ATTORNEY.