LICENSE AGREEMENT WITH KELCO

Transportation Cmte · 2026-07-14 · resolution

Miami-Dade County legislative item File Number 261156 is a Resolution to waive formal bid procedures and approve a retroactive License Agreement between Miami-Dade County and Kelco Dadeland Associates, Ltd. (Kelco) for use of County-owned real property. The property is located in proximity to the Dadeland North Metrorail Station right-of-way, specifically at the northeast corner of S.W. 70th Avenue and US-1, for maintaining an illuminated directional sign. The agreement is retroactive to February 7, 2026, with an initial term of five years and four five-year renewal options, for a total potential term of 25 years. Annual rent is $6,000 for the first year, increasing by 3% each year, with total estimated rent of $218,755 if the full 25-year term is realized. The item was introduced on 6/24/2026, forwarded to the BCC with a favorable recommendation by the Transportation Committee on 7/14/2026, and is scheduled for the BCC agenda on 9/1/2026 as item 8N7. The document does not state a final decision by the BCC. The document does not state any public comment or stakeholder sentiment.