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Item C30' CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting October 19, 2016 Agenda Item Number: C.30  Agenda Item Summary #2204 BULK ITEM: DEPARTMENT: Yes Project Management / Facilities TIME APPROXIMATE:STAFF CONTACT: Kevin Wilson (305) 292-4441 None AGENDA ITEM WORDING: 10-19-16 Fifth Amendment to Lease Tropical Watersports The leasehold area by discontinuing the use of Area 3, of a road keep the Mobile Storage Trailer licensed, registered, and in a road ready condition. Revenue payments made to the County remain at $2,131.63/month plus sales and usage tax, or 10% of gross revenue, whichever is greater. ITEM BACKGROUND: On September 21, 2016 the BOCC approved to transfer 115 square feet of storage from Tropical Watersports to 1000 Atlantic Boulevard LLC A.K.A. Salute Exhibit ession Storage 2,131.63 ready condition. Revenue payments made to the County remain at $/month plus sales and usage tax, or 10% of gross revenue, whichever is greater.  PREVIOUS RELEVANT BOCC ACTION: On April 15 2009, the BOCC approved the Lease Agreement with Tropical Watersports. On October 21, 2009, the BOCC approved an amendment to the Lease Agreement to provide additional booth areas. . On January 20, 2012, the BOCC approved a Second Amendment to the Lease Agreement to reduce the lease area and booths and amend the rental and fees adjusted in an amount equal to the CPI-U for the preceding 12 months and extend the Term of the Lease Agreement to 6 years with one additional (3) year period optional renewal. On March 18, 2015, the BOCC approved a Third Amendment to the Lease 4EGOIX4K ' Agreement to extend the Lease Agreement for three years with a CPI-U of .8% as of December 31, 2014. On March 23, 2016 the BOCC approved the Fourth Amendment to Lease Agreement to adjust for the CPI-U for the prior 12 months ending December 2015 of .7%. CONTRACT/AGREEMENT CHANGES: the Higgs Beach parking keep the Mobile STAFF RECOMMENDATION: Approval DOCUMENTATION: 04152009_TWS 10212009_amendment 01192012_Executed Lease_TWS 031815_Tropical Watersports_Executed_C-24 032316_4th Amendment_Tropical Watersports_Executed 101916_5th Amendment_Tropical Watersports FINANCIAL IMPACT: Effective Date: September 15, 2016 Expiration Date: April 14, 2018 Total Dollar Value of Contract: Revenue Total Cost to County: N/A Current Year Portion: N/A Budgeted: Yes Source of Funds: N/A CPI: Yes Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: Yes If yes, amount: 2,131.63 $/month plus sales and usage tax, or 10% of gross revenue, whichever is greater. Grant: N/A County Match : N/A Insurance Required: Yes Additional Details: Revenue payments made to the County remain at $2,131.63/month plus sales and usage tax, or 10% of gross revenue, whichever is greater. 4EGOIX4K ' REVIEWED BY: Doug Sposito Completed 10/04/2016 9:42 AM Rene Rogers Completed 10/04/2016 11:05 AM Budget and Finance Completed 10/04/2016 11:21 AM Maria Slavik Completed 10/04/2016 11:22 AM Kathy Peters Completed 10/04/2016 11:32 AM Board of County Commissioners Pending 10/19/2016 9:00 AM 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'F 4EGOIX4K 'F 4EGOIX4K 'G 4EGOIX4K 'G 4EGOIX4K 'G 4EGOIX4K 'H 4EGOIX4K 'H 4EGOIX4K 'H 4EGOIX4K 'H 4EGOIX4K 'I 4EGOIX4K 'I 4EGOIX4K 'J 4EGOIX4K 'J 4EGOIX4K 'J 4EGOIX4K 'J 4EGOIX4K 'J 4EGOIX4K