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1st Amendment 02/17/2010 DANNY L. KOLHAGE CLERK OF THE CIRCUIT COURT DA TE: March 3, 2010 TO: Christine Hurley, Director Growth Managelnent Division J .Y~ ATTN: Mayra Tezanos Executive Assistant FROM: Isabel C. DeSantis, D. C. At the February 17, 2010, Board of County Commissioner's meeting, the Board granted approval and authorized execution of the following: Interlocal Agreement between Monroe County and the City of Marathon providing for coordination and participation in the Florida Fish and Wildlife Conservation Commission Pilot Program for anchoring and mooring. Interlocal Agreement between Monroe County and the City of Key West providing for coordination and participation in the Florida Fish and Wildlife Conservation Commission Pilot Program for anchoring and mooring. First Amendment to the Lease Agreement between Monroe County and Habitat for Humanity of Key West and the Lower Keys, Inc. to extend the term of 100 years and eliminate the annual $10.00 rent in order to comply with Florida Statute Sec. 196. 199(2)(b) to carry out the original intent of the parties in regard to the property tax liability of the Lessee in order for the building to be taxed as real property instead of tangible property for real estate located at 5530 3rd Avenue, Stock Island (RE#00126970-000000). First Amendment to the Occupancy and Ground Lease Agreement between Monroe County and Habitat for Humanity of Key West and the Lower Keys, Inc. to extend the term of 100 years and eliminate the annual $10.00 rent in order to comply with Florida Statute Sec. 196-199(2)(b) to carry out the original intent of the parties in regard to the property tax liability of the unit owners and to benefit the unit owners by allowing a homestead exemption and all other exemptions allowed by law, and allowing the dwelling units to be taxed as real property instead of tangible property for real estate located at Emerald Drive, Sapphire Drive and U.S. 1 (RE#00156320-000000). Enclosed are two fully executed duplicate originals of each document above for your handling. Should you have any questions please do not hesitate to contact my office. cc: County Attorney Finance File :t CJ PREPARED BY AND RETURN TO: SUSAN GRIMSLEY MONROE COUNTY 2798 OVERSEAS HIGHWAY MARATHON, FL. 33052 ~~g r;~"T '0 '<t:~ (~-'~') ~..."'-'.-a. ~ FIRST AMENDMENT TO LEASE o :-.~.: ::~"f~ c:-~ ~;~: s: ~~.#.. ~ ,~~ == ..<'-1P ..... C'") if' AMENDMENT TO LEASE (First Amendment), dated this I J1y of , 2010, is made by and between Monroe County, a political subdivision of the State of Flo . a (Lessor) and Habitat for Humanity of Key West and the Lower Florida Keys, Inc. , a Florida non-profit corporation (Lessee). WITNESSETH: WHEREAS, Lessor and Lessee entered into that certain 99-year Lease (Lease) dated August 19, 2009, for the property legally described as Block 54, Lots 16 and 17, Maloney Subdivision, Stock Island, Monroe County with RE# 00126970-000000, located at 5530 Third Avenue, Stock Island for a 12 unit apartment building for affordable housing, said Lease being recorded in Monroe county Public Records at Official Records Book 2433 at page 88; and WHEREAS, in drafting the Lease an Annual Base Rent in the amount of Ten Dollars ($10.00) was included in the Lease as said language was considered usual and customary for consideration in a deed or lease; and WHEREAS, Lessor and Lessee desire to amend the Lease to provide that there shall be no rent payable under the Lease, the intent being that the Lease will comply with Florida Statute 196. 199(2)(b ); and WHEREAS, Lessor and Lessee desire to amend the Lease to also provide that the initial term shall be one hundred (100) years in order to be taxable as provided under Florida Statute 196.199(7) ; NOW, THEREFORE, in consideration of the mutual covenants and obligations contained herein, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the undersigned parties agree as follows: 1. The recitals contained herein are true and correct and incorporated herein by reference. 2. The Lease is presently valid and in full force and effect. 3. In Article I Definitions, the definition of the word "Term" shall be amended as follows: "Term" means the Commencement Date and continuing for One Hundred (100) years thereafter plus any agreed upon extension of this Lease and unless otherwise permitted by Lessor all Subleases and rights or interests granted thereunder shall terminate at the end of the Term. 4. Section 3.01 Term shall be amended as follows: Term: To have and to hold the Demised Premises for a term of One Hundred (100) years commencing on the Commencement Date and ending One Hundred years thereafter, both dates Page 1 of3 "'" c:::.') - c::,) :z: > ::0 I W -0 ::J: " r- rrJ o ." o :::0 ::0 r" () C> ::0 o - .. inclusive, unless sooner terminated or extended as hereinafter provided (the Termination Date). Lessee shall be given possession on the Effective Date and the terms and conditions set forth herein shall be binding on the parties as of the Effective Date. Lessee shall have the right to occupy the Demised Premises as of the Effective Date in order to allow Lessee to commence and complete renovations and rehabilitation of the building on the property as well as other activities related to the development and construction of the Project. 5. In Article I, Definitions, the defmition of "Rent" is hereby deleted and notwithstanding anything contained in the lease to the contrary there shall be no annual base rent due. However, obligations for any other payment considered as additional rent and any other financial obligations provided for in the Lease shall remain in full force and effect. 6. Section 4.01 of the Lease is hereby deleted to provide that there shall be no base rental payments due pursuant to this Lease so that the leasehold shall be taxed as real property with an ownership interest in Lessee. 7. The effective date of the terms of this First Amendment shall be August 19, 2009, to reflect the original intent of the parties; therefore application is retroactive. 8. Except as expressly modified by the First Amendment all terms and conditions of the Lease remain in full force and effect, binding upon the parties. IN WITNESS WHEREOF.. U~e un~gned executed this First Amendment to Occupancy Agreement and Lease this 17 ~ (fay of ,~~ ' 2010. LESSOR: MONROE COUNTY BOARD OF COUNTY COMMISSIONERS . . ayor S via J. Murphy (SEAL) ATTEST:DANNY L. KOLHAGE, CLERK ~~ . \CjJ)~ Deputy Clerk STATE OF FLORIDA COUNTY OF MONROE Be it known, that on the ~ ~J day of Mo..r. ,2010, before me, a Notary Public in and for the State of Florida, County of Monroe, duly commissioned and sworn, personally came and appeared Sylvia J. Murphy, as Mayor of Monroe County, to me personally known. In testimon:r..whereof, I have hereunto subscribed my name and affixed my seal of office the day and y~\W~~l/qlJi~tten. ~~ ~~~..~..fs~l'~ ih ~. .~ ~..;'~~\SSIO~'..~d% o..LuJ....f" am..-1- ^ J ~ · (jV 28 ~.J-. t'" -, '- . ._ \A)L./ ~ ...~ ~~e '<0 7~.. ~~ (~lJ~ ~ ~~: ~ NOTARY PUBLIC =z: ..... :*= % S ~ 'k. #DO 673056 : ~ ~~..v,,!, ~ ..~~ ~-~ ..~A~dedth(U ~~fl,,,,f?. @~ ~ ...<)/,... !/blic Unde~ .. ~~, C') ...~ ~'" vBI ........ <:. '(v~..... .~".I11 <-Ie, STATE O"C\ ~\\~~ ~11""'fI""\'\\~ Page 2 of3 ..,~ ,".,-vt ' I.U , ~i z --. - z a: ~' rOo ., WO ~~. 0~: I ~(~- (/) ~ ~,)' >-~J ,~' f-' (j) ~ '. '<!1 Z ! .Z <( '. .:J' (" ::l n" -.::::: 0 o U1~./ -'-, ..:::::: 0 "'. ~ 6 . ~ ~ :1 O rr (/) <t: ~ u... ::>..... ~ ~ ~" (J) ~ I 0<( ~~) ~ rr ( LESSEE: HABITAT FOR HUMANITY OF KEY WEST AND THE LOWER FLORIDA KEYS, INC. tJi^, Witness: ~~ 0.. ~ ~~~ 'l). (AM-bWu it) Print Name (2)~~~ fM", ~ ~1 ~~ Print Name STATE OF FLORIDA COUNTY OF MONROE Be it known, that on the..3'!!iday Jtb.f~ 2010, before me, a Notary Public in and for the Stat;c1FIOrida, ~unty ofM<:mroe, duly co missioned and sworn, personally came and appeared 4~ ~ ' to me personally known or who flrovided a~de:lltification. ( Seal) In testimony whereof, I have hereunto subscribed my name and a and year last above written. , . ,,,.., '.I,t, iii ~ {'PHH. :.Il'A 'llI1.: Mil t'l :HI Ii Ii 0" !it lW~; :"uuutllW~:U"'IH.ltlit,~~ v'" MllLEf\ : ..a SUSAN 1'\.. lie : ~\\"m;'11. C"omm# 000694330 : : $"~~( Pi{J(:~ . ',' . ," : : ~~~~,~ Ey.pires1111f2011 : : ~~~~i.$ I ., : : ".r,{ft~f\.~~' F~orida Notary Assn., nc iii ~. '1Il:~'~'~~~'~'''''';' ',!~'1 \It r; ~,l\I;lIi <trll\l!Jl !<jlllll'fttl iJ,lItll!lS ~.I'Ga..tJ Page 3 of3