1st Amendment 09/21/2016 AVILIN5 CPA
CLERK OF CIRCUIT COURT & COMPTROLLER
MONROE COUNTY, FLORIDA
DATE: October 28, 2016
TO: Doug Sposito, Director
Project Management
ATTN: Alice Steryou
FROM: Cheryl Robertson Executive Aide to the Clerk of Court & Comptroller Ug--
At the September 21, 2016 Board of County Commissioner's meeting the Board granted approval and
execution of the following Item S1 Approval to increase the Lessee's leasehold Premises by including in
the Premises the previously excluded 115 square feet of storage area for the Higgs Beach restaurant
(Salute) concession.
Enclosed is a duplicate original of the above - mentioned for your handling Should you have any
questions, please feel free to contact our office.
cc: County Attorney
Finance
File ✓
500 Whitehead Street Suite 101, PO Box 1980, Key West, FL 33040 Phone: 305- 295 -3130 Fax: 305 -295 -3663
3117 Overseas Highway, Marathon, FL 33050 Phone: 305 - 289 -6027 Fax: 305 - 289 -6025
88820 Overseas Highway, Plantation Key, FL 33070 Phone: 852 -7145 Fax: 305 - 852 -7146
FIRST LEASE AGREEMENT AMENDMENT
HIGGS BEACH CONCESSION /RESTAURANT
THIS FIRST LEASE AGREEMENT AMENDMENT is made and entered into on thiJ
day of September, 2016 by and between Monroe County, a political subdivision of the State of Florida,
whose mailing address is 1100 Simonton Street, Key West, FL 33040 ( "County" or "Lessor ") and 1000
Atlantic Boulevard, LLC, whose mailing address is 729 Thomas Street, Key West, Florida 33040
( "Tenant" or "Lessee ").
WHEREAS, on May 21, 2008, the County and Key West Hospitality, LLC, the predecessor in
interest, entered into a Lease Agreement with a five (5) year term, which lease included a Revised Exhibit
"A" dated June 11, 1998 identifying the leased Premises, a copy of which is attached hereto and made a
part hereof ( "Lease "); and
WHEREAS, Key West Hospitality, LLC, the predecessor in interest, assigned all of its rights,
title and interest in the Lease, to 1000 Atlantic Boulevard, LLC pursuant to an Agreement for Purchase
and Sale of Assets dated September 28, 2008 ( "Assignment "); and
WHEREAS, the parties hereto did on the October 15, 2008, enter into a Consent to Assignment
of Lease, whereby the Lessor agreed to the Assignment to 1000 Atlantic Boulevard, LLC ( "Tenant" or
"Lessee "); and
WHEREAS, the parties hereto did on October, 20, 2010 enter into a Lease Extension Agreement
extending the Term for ten (10) years with a termination date of August 11, 2023 ( "Extension "); and
WHEREAS, Lessee has requested the use of an additional 115 square feet of storage area
previously leased to Tropical Watersports; and
WHEREAS, the parties now desire to increase the Lessee's leasehold Premises by including in
the Premises the previously excluded 115 square feet of storage area, which is indicated with "hash
marks" on the Revised Exhibit "A" dated June 11, 1998, a copy of which is attached hereto and made a
part hereof and said storage area will now be included in the Premises as indicated on the HIGGS
BEACH CONCESSION REVISED AUGUST 24th 2016, Exhibit `B ", a copy of which is attached hereto
and made a part hereof; and
WHEREAS, the parties have found the Lease to be mutually beneficial; and
WHEREAS, both parties desire to amend the Lease,
NOW THEREFORE, in consideration of the mutual promises, covenants and agreements stated
herein, and for other good and valuable consideration, the sufficiency of which is hereby acknowledged,
the parties agree as follows:
Section 1. Paragraph 2, Premises, of the Lease is amended to read as follows:
2. Premises. County does hereby lease to Tenant, and Tenant does hereby lease from
County a portion of Clarence S. Higgs Memorial Beach, 1000 Atlantic Blvd., Key West, Monroe
County, Florida, in it's as is condition. Square footage allocations shall be limited to the interior
and enclosed patio area referenced in Exhibit `B" dated, August 24th 2016, a copy of which is
attached hereto and incorporated herein.
Section 2. Paragraph 4, Rent, Maintenance Fee, Tax, of the Lease is amended to read as
follows:
1
4. Rent, Maintenance Fee, Tax. The total monthly rental payment (hereinafter collectively
known as "Rent "), shall include rent, applicable tax and a maintenance fee to include the cost of
the Lessor providing janitorial services and the opening and closing of the public restrooms. The
Rent for the Premises is $8,493.45 per month, beginning on October 1, 2016 and thereafter
payable in advance on or before the first business day of each and every month. The monthly
rent and monthly maintenance fee will be adjusted annually beginning with the first anniversary
of the commencement of the lease term, and at every anniversary thereafter, by a percentage
equal to the increase in the Consumer Price Index ( "CPI ") for all urban consumers ( "CPI -U ") for
the calendar year immediately preceding the anniversary date.
Monthly Rent: $6,547.78
Monthly Maintenance Fee: $1,454.59
Monthly Applicable tax: $ 491.08
TOTAL Rent: $8,493.45
Section 3. In all other respects the terms and conditions of the Lease, as amended, shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year first
above written.
i
—. \- ( .Ni / BOARD OF COUNTY COMMISSIONERS
r r - IN Y HEAVILIN, CLERK OF MONROE COUNTY, FLORIDA
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This docum was pr ared and approved as to form by: - :.-J ovA,,,
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C. Rene Rogers, E . Date x- o
Assistant County Attorney
Florida Bar No.: 0101178
P.O. Box 1026
Key West, FL 33041 -1026
(305) 292 -3470
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EXHIBIT
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HIGGS BEACH CONCESSION
REVISED AUGUST 24TH 2016
,..;..--s--, `‘......:••••,. MONROE COUNTY PROJECT
.OUTSIDE DINING : . MANAGEMENT
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192 SF :.•.%.••• ,
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DINING AREA 940 SF
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STORAGE
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OFFICE 114.6 SF 0 COOLER
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TOTAL USABLE SF PREVIOUS: 3,928.3
TOTAL USABLE TO INCLUDE 115 SF OF ADDITIONAL STORAGE: 4,043.3 SF
EXHIBIT
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