10. The requirements of Section 29-B for the publication of requests for competitive bid proposal can not be waived or circumvented by either the Miami City Commission or theelectorate. 11. Section 29-B authorizes a
extension of an existing lease,
not to exceed tenyears,
during the last five years of the lease.
The relevant part of Section 29-B states: Notwithstanding anything herein to the contrary,the city commission, by a 4/5ths affirmative vote,may grant a
of city-owned property a
during the last five years of itslease
, without the necessity of a referendum, for the purpose of funding additional capitalimprovements. The extended term
shall not exceed twenty-five percent of the original term or ten years
The granting of such anextension is subject to the lessee paying fair marketrent as determined by the city at the time of suchextension and not being in default of its lease withthe city nor in arrearage of any monies due the city.
Charter Section 29-B. 12. Charter Section 3(f)(iii) imposes additional prohibitions, restrictions and limitationson the power of the Miami City Commission with respect to leasing City-owned
land: Sec. 3. Powers. The City of Miami shall have power to: (f) Acquisition and disposition of property and services: * * * (iii) To lease to or contract with entities for the management of any of the city’s waterfront property,
but only in compliance with the
other requirements of this charter
on condition that: