C7J - Negotiate Development Agreement for North Linco...
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A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE AT ITS JULY 8, 2026 MEETING, TO DIRECT THE CITY ADMINISTRATION TO NEGOTIATE THE TERMS OF A DEVELOPMENT AGREEMENT AND CONCESSION AGREEMENT BETWEEN MAC 719 LR, LLC, MAC 741 LR, LLC, AND MAC 723 LL, LLC (COLLECTIVELY, DEVELOPER) AND THE CITY FOR THE IMPLEMENTATION BY DEVELOPER OF IMPROVEMENTS ON CITY-OWNED PARCELS LOCATED ON THE PORTION OF NORTH LINCOLN LANE LOCATED BETWEEN MERIDIAN AVENUE AND MERIDIAN COURT (CITY PROPERTY) PURSUANT TO THE DEVELOPMENT AGREEMENT AND THE MAINTENANCE OF THE CITY PROPERTY AND OPERATION OF CONCESSIONS THEREON PURSUANT TO THE CONCESSION AGREEMENT, SUCH DEVELOPMENT AGREEMENT AND CONCESSION AGREEMENT TO BE APPROVED BY THE MAYOR AND CITY COMMISSION PRIOR TO EXECUTION THEREOF.
