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HomeMy WebLinkAboutAgreement_General_05/28/2014 (2) FLAG LE R May 16, 2014 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 FDG Flagler Station II LLC, as Lessor ( "Lessor") and Village of Tequesta, as Lessee ( "Lessee ") Dear Sir or Madam: 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, 2014 and extend through July 10, 2015. 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 $9649.50, 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, Erich Smith Lease Administration Manager ACKNOWLEDGED AND ACCEPTED: Village of Tequesta This day of 2014 By: Print Name and Title ! P% �• L 4601 Touchton Road East /Building 300 /Suite 3200 /Jacksonville, FL 32246 Tel (904) 565 -4100 / Fax (904) 565 -4148 / www.flaglerdev.com ADDENDUM Public Records: In accordance with Sec. 119.0701, Florida Statutes, the Contractor must keep and maintain this Agreement and any other records associated therewith and that are associated with the performance of the work described in the Scope of Services. Upon request, the Contractor must provide the public with access to such records in accordance with access and cost requirements of Chapter 119, Florida Statutes. Further, the Contractor shall ensure that any exempt or confidential records associated with this Agreement or associated with the performance of the work described in the Scope of Services are not disclosed except as authorized by law. Finally, the Contractor shall retain the records described in this paragraph throughout the performance of the work described in the Scope of Services, and at the conclusion of said work, transfer to the Village, at no cost to the Village, all such records in the possession of the Contractor and destroy any duplicates thereof. Records that are stored electronically must be transferred to the Village in a format that is compatible with the Village's information technology systems.