HomeMy WebLinkAboutAgreement_General_10/11/2018_FEC Row LLC �FEc FEC ROW LLC
FEC ROW LLC
7411 FulleAon Street,Suite 301�Jacksonvale,FL 32256
www.Fec rvry.com/re al-estate-servlces
September 19,2018
Michael R.Couzzo Jr.
Village of Tequesta
345 Tequesta Drive
Tequesta,FL 33469
Re: Real Estate Lease(File#281-1-2b)dated 7/11/2006 by and between FEC ROW,LLC formerly known as FD6
Flagler Station II, LLC,as Lessor("Lessor")and Village of Tequesta,as Lessee("Lessee")
Dear Mr.Couzzo:
We are writing to inform you that the terms of the referenced Lease provide you the option to renew the Lease for
an additional 12-month period(the"Renewal Term"),provided you notify the Lessor prior to the end of the
current term. To expedite your exercise of this option,we have provided below a place for you to acknowledge
exercising this option by returning a signed copy of this letter.
If you choose to exercise your option,your Lease will be renewed effective July 11,2018 and extend through July
10,2019. Also,in accordance with Section 2,the rental rate for the term immediately preceding the Renewal
Term will be increased by 5%;therefore your new annual rental rate for the Renewal Term will be$11,729.55,plus
all sales or use taxes levied by any governmental body for the use or occupancy of the leased Premises. All other
terms and conditions of the Lease shall continue to be in effect during the Renewal Term. In anticipation of your
renewal,you will be receiving an invoice for the Renewal Term.
If you do not intend to exercise your option to renew this Lease,please do not return a copy of this letter and
instead please refer to the provisions of Paragraphs 13 and 14 of your Lease which advise you of your obligations
and requirements for termination.
Please return a copy of this letter signed and dated below,acknowledging and exercising your option to renew the
Lease,to my attention at the address written above.
If you have any questions,please contact me at 904-538-6259 or Erich.Smith@fecrwv.com.
S'
Fr�cTi�mit�—___--�
Real Estate Manager
ACKNOWL ED AND ACCEPTED:
This of / 2018�d/ �
By: �Print e and Title
PUBLIC RECORDS. In acco�dance with Sec. 119.0701, Florida Statutes,
CONTRACTOR must keep and maintain this Agreement and any other
records assoclated therewith and that are associated with the
perfornnance of the work described in the P�oposal or Bid. Upon request
from the Village's custodian of public�ecords,CONTRACTOR must provide
the�Ilage with copies of requested records, or allow such reco�ds to be
inspected or copied, witfiin a reasonable time in accordance with access
and cost requirements of Chapter 119, Florida Statutes. A CONTRACTOR
who fails to provide the public records to the Village,ar fails to make them
available for inspection or copying, within a reasonable time may be
subject to attorne�s fees and costs pursuant to Sec. 119.0701� Florida
Stotutes,and other penalties under Sec. 119.10,Florida Starutes. Further,
COtVTRACTOR shal) ensure that any exempt or confidential �ecords
associated with this Agreement or associated with the performance of the
work described in the Proposal or Bid are not disdosed except as
authorized by law for the duration of the Agreement term, and following
completion of the Agreement if the CONTRACTOR dces not transfer the
reco�ds to the Vllage. FinaNy, upon completion of the Agreement,
CONTRACTOR shal)tra�sfer, at no cost to the vllage,all public records in
possession of the CONTRACTOR, or keep and maintain public reco�ds
required by the vllage. If the CONTRACTOR transfers all public records to
the Yllage upon completion of the Agreement, the CONTRACTOR shall
destroy any duplicate public records that are exempt or confiderrtial and
exempt from public reco�ds disclosure requirements. If the CONTRACTOR
keeps and maintains public records upon completion of the Agreement,
the CONTRACTOR shai) meet all applicable requirements for retaining
public records. Records that are stored electronically must be provided to
the VILLAGE,upon request from the�Ilage's custodian of public records,
in a fom�at that is compatible with the Village's information technology
systems.
IF CONTRACTOR HAS QUESTIONS REGARDING THE
APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO
CONTRACTOR'S DUTY TO PROVIDE PUBUC RECORDS
RELATING TO THIS AGREEMENT, PLEASE CONTACT THE
VILLAGE CLERK, RECORDS CUSTODWN FOR THE VILLAGE, AT
(561) 768-0685, OR AT ImcwiNiams�teauesta.ora. OR AT 345
TEQUESTA DRIVE,TEQUESTA,FLORIDA 33469.