HomeMy WebLinkAboutDocumentation_Regular_Tab 04_07/12/2012 i` V ILLN�.1C Vr 1 C�UC.7 1 A
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- AGENDA ITEM TRANSMITTAL FORM
1. VILLAGE COUNCIL MEETING:
Meeting Date: Meeting Type: Regular Ordinance #: � -��� r�- t�� ����� ��=��t
July 12, 2012
Consent Agenda: Yes Resolution #: Ctick here to enter text.
Originating Department: Manager
2. AGENDA ITEM TITLE: (Wording form the SUBJECT line of your staff report)
1. Per Village Ordinance we are presenting the following agreements, proposals, commitments and
memorandum of understanding to Council:
3. BUDGET / FINANCIAL IMPACT:
Account #: 001-210-544.304 Amount of this item: FY2012-$1,823.00
FY2013-$6,929.00
Current Budgeted Amount Available: Amount Remaining after item:
FY2012-$3,285.00 FY2012-$1,462.00
FY2013-N/A FY2013-N/A
Budget Transfer Required: No Appropriate Fund Balance: No
4. EXECUTIVE SUMMARY OF MAJOR ISSUES: (This is a snap shot description of the agenda item)
1. Per Village Ordinance we are presenting the following agreements, proposals, commitments
and memorandum of understanding to Council:
a. Flagler Real Estate Lease (File#281-1-2b) between FDG Flagler Station II LLC, Lessor and the
Village of Tequesta, Lessee.
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5. APPROVALS:
Dept. Head: Finance Director: '= Reviewed for Financial
Sufficiency
� No Financial Impact
Attorney: (for legal sufficiency) Yes ❑ No ❑
_� ------,.-__.�._,�_�
Village Manager: -
• SUBMIT FOR COUNCIL DISCUSSION: 0
• APPROVE ITEM: IJ
• DENY ITEM: �
Form amended 08/26/08
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�� MEMORANDUM
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" °° Administration
TO: Village Council
FROM: Michael Couzzo, Village Manager
DATE: July 14, 2012
SUBJECT: Presentation of Agreement, Contracts, etc.
Per Village Ordinance I respectfully present the following agreements, proposal,
commitments and memorandum of understanding to Council.
a. Flagler Real Estate Lease (File#281-1-2b) between FDG Flagler Station II
LLC, Lessor and the Village of Tequesta, Lessee.
Thank you.
� \� ��AG LE R �
\
June 18, 2012
Village of Tequesta
345 Tequesta Drive
Tequesta, FL 33469 �
Re: Real Estate Lease (File#281-1-2b) dated 7/11/2006 by and between FDG Flagler Station II LLC,
as Lessor ("Lessor") and Village of Tequesta, as Lessee ("Lessee")
Dear Sir or Madam:
VVe �re writing to infarrn yc��i that the terms of the referenced Lea�e prov�de y�u the option to reneuv #he 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 opt�or� by returning a signed ccpy of th�s letter.
If you choose to exercise your option, your Lease will be renewed effective July 11, 2012 and extend through July 10,
2013. Also, in accordance with Section 2, the rental rate for the term immediately preceding the Renewal Term will
be increased by 5°rG; therefore your new annual rental rate for the Renewal Term will be $8,752.00, 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 cancellation.
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 below.
If you have any questions, please contact me at 904-565-4135.
Sincerely,
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Sharon Toomey °
Lease Manager-Land Management
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ACKNOWLEDGED AND ACCEPTED:
Village of Tequesta
This +j� " day of �s..� �. 2012
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Print� eandTitle �a�hu �[ �:CUi.�',��t� ,� �
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4601 Touchton Road East/Building 300/Suite 3200/Jacksonville, FL 32246
Tel (904) 565-4300 / Fax (904) 565-4148 / www.flaglerdev.com