LICENSE AGREEMENT WITH KELCO

Transportation Cmte · 2026-07-14 · resolution

Resolution waiving formal bid procedures and approving a retroactive license agreement between Miami-Dade County and Kelco Dadeland Associates, Ltd. for use of County-owned real property for an illuminated directional sign. The agreement is effective retroactively 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 over 25 years. 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. The sign provides directions to the nearby Hampton Inn Hotel. The item was 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. The resolution requires a two-thirds vote. The document does not state any public comment or stakeholder sentiment.