HomeMy WebLinkAboutAgreement_General_11/24/2014 � 4 FLAGLER
4601 Touchton Road East I Building 300 1 Suite 3200
Jacksonville, FL 32246
November 17, 2014
Michael R. Couzzo Jr.
Village of Tequesta
345 Tequesta Drive
Tequesta, FL 33469
Re: Real Estate Lease (File# 281 -1 -2a) dated 1/30/2006 by and between FDG Flagler Station II LLC, as
Lessor ( "Lessor ") and Village of Tequesta, as Lessee ( "Lessee ")
Dear Mr. Gouzzo:
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 January 30, 2015 and extend through
January 29, 2016. 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
$3,351.00, 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 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 - 565 -4135.
Sincere
Erich Smith
Lease Administration Manager
ACKNOWLEDGED AND ACC PTED:
This 1 L day of / " - 2014
By:
Print Name and Title