12/15/2014 to 12/14/2018 1st AmendmentKEVIN MADO& CPA
MONROE COUNTY CLERK OF THE CIRCUIT COURT & COMPTROLLER
DATE: March 21, 2017
TO: Alice Steryou
Contract Monitor
VIA: Tammy Sweeting
Administrative Assistant
FROM: Pamela G. Hancock, D. ((t
SUBJECT: March 15tH BOCC Meeting
Enclosed is a duplicate original of each of the following items for your handling:
C20 Sixth Amendment to Lease Agreement with Tropical Watersports. LLC, a water
sports equipment rental vendor on Higgs Beach, to adjust for the CPI -U for the prior 12 months
ending December 2016 of 2.1 %.
/C21 Approval of a CPI -U adjustment ending on December 31, 2015 of .7% to the
Business Lease with Ships Way, Inc. for Commissioner Neugent's office space on Big Pine Key.
The lease will increase from $1,238.21 per month to $1,246.88 per month commencing on
December 15, 2016.
Should you have any questions, please feel free to contact me at ext. 3130. Thank you.
cc: County Attorney
Finance
,/File
FIRST AMENDMENT TO BUSINESS LEASE
THIS FIRST AMENDMENT TO BUSINESS LEASE, is made and entered into
this 15th day of March, 2017 between SHIPS WAY, INC., hereinafter called "Lessor" or
"Landlord ", party of the first part, and THE COUNTY OF MONROE, hereinafter called
"Lessee" or "Tenant ", party of the second part:
WHEREAS, Lessor and Lessee entered into a four (4) year Business Lease (hereafter
"Original Agreement ") on the 18th day of March, 2015, with a lease term commencing on
December 15, 2014, and ending on December 14, 2018; and
WHEREAS, Lessor has requested pursuant to the terms of the Original Agreement that the
rental amount be adjusted annually in accordance with the percentage change in the U.S.
Department of Commerce Consumer Price Index (CPI -U) for all Urban Consumers as
reported by the U.S. Bureau of Labor Statistics for the previous calendar year; and
WHEREAS, the CPI -U adjustment on December 31, 2015, was .7 %; 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:
The first unnumbered Paragraph after the Witnesseth Clause of the Original Agreement is
amended to read:
An office comprised of 813.5 square feet, located in the building known as The
Shops of Ships Way, 25 Ships Way, Big Pine Key, situated in Monroe County, Florida, to
be used and occupied by the lessee as an office and for no other purposes or uses
whatsoever, for the term of four (4) Years, beginning December 15, 2014, and ending
December 14, 2018, the rent to be paid as follows: Commencing December 15, 2016,
$1,246.88 is to be applied to the first month's rent, including a pro -rated amount for any
part month; and $1,246.88 on the first day of each month thereafter. Annually, on the
anniversary of this lease, there may be an increase not to exceed three (3) percent, in the
monthly rent payment. The lease amount may be adjusted annually in accordance with the
percentage change in the U.S. Department of Commerce Consumer Price Index (CPI -U)
for all Urban Consumers as reported by the U.S. Bureau of Labor Statistics for the previous
calendar year.
1
In all other respects the terms and conditions of the Lease, as amended shall remain in full
force and effect.
and
IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day
.r first above written.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
(SEAL)
0:11J►h 1M10141
By:
Z..�,.r
An 5lc- �
Mayor /Chairperson
ATTEST:
B By: xf
Ju y A. Sh phard, sident David S. Shephard, Di Vector
MONROE COUNTY ATTORNEY'S OFFICE
PROVED Rpp _ pVED AS TO, FO
PATRICIA FABLES
ASSISTANT COUNTY ATTORNEY
DATE:
2
rri
PQ
CD
2