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8th Amendment 02/21/2018GOURr Kevin Madok, cPA 4 +o .....•. Clerk of the Circuit Court & Comptroller — Monroe County, Florida cOV ^' DATE: March 2, 2018 TO: Alice Steryou Contract Monitor FROM: Pamela G. Hanco�a.C. SUBJECT: February 21n BOCC Meeting Attached is a duplicate original of Item C29, 8 Amendment to Lease Agreement with Tropical Watersports, LLC to extend the current lease on a month -to -month basis, for your handling. Should you have any questions, please feel free to contact me at ext. 3130. Thank you. cc: Facilities Supervisor County Attorney Finance File KEY WEST MARATHON PLANTATION KEY 500 Whitehead Street 3117 Overseas Highway 88820 Overseas Highway Key West, Florida 33040 Marathon, Florida 33050 Plantation Key, Florida 33070 305 - 294 -4641 305- 289 -6027 305 - 852 -7145 PK/ROTH BUILDING 50 High Point Road Plantation Key, Florida 33070 305 -852 -7145 EIGHTH LEASE AMENDMENT HIGGS BEACH CONCESSIONS TROPICAL WATERSPORTS, LLC This EIGHTH LEASE AMENDMENT ( "Amendment ") is made and entered into on this 21st day of February, 2018, by and between MONROE COUNTY, a political subdivision of the State of Florida, whose address is 1 100 Simonton Street, Key West, Florida 33040, hereinafter referred to as "COUNTY" or "LESSOR" and TROPICAL WATERSPORTS, LLC, whose address is 1607 Laird Street, Key West, Florida, 33040, hereinafter referred to as "TENANT "or "LESSEE". WHEREAS, the parties hereto did on April 15, 2009, enter into a Lease Agreement for Higgs Beach Concessions ( "Lease "); and WHEREAS, the parties hereto did on October 21, 2009, enter into a First Lease Amendment to the Lease for purposes of providing additional booth areas for LESSEE and amending Exhibit "A ", which depicted the leased areas ( "First Amendment "); and WHEREAS, the parties hereto did on January 20, 2012, enter into a Lease Renewal Agreement providing for an initial term of three (3) years, beginning on April 15, 2012, with a three (3) year renewal period, reduced and relocated the Lessee's leased area, and replaced Exhibit "A" with a revised Exhibit " A " dated September 27, 2011, ( "Revised Exhibit "A ") depicting the updated leased areas and renumbered to be Areas 1, 2, and 3 ( "Lease Renewal "); and WHEREAS, the parties hereto intended to enter into a Second Lease Amendment which was never fully executed ( "Second Amendment "); and WHEREAS, the parties hereto did on March 18, 2015, enter into a Third Lease Amendment and Renewal Agreement providing for the renewal of the Lease for an additional three (3) year term, an increase in Rental and Fees, and the requirement that the Lessee shall provide a copy of Tax Form DR- 15 along with his monthly payments ( "Third Amendment "); and WHEREAS, the parties hereto did on March 23, 2016, enter into a Fourth Amendment to Lease Agreement providing for an increase in Rent and Fees ( "Fourth Amendment "); and WHEREAS, on September 21, 2016, the County approved the transfer of 115 square feet of storage area from Tropical Watersports, LLC to 1000 Atlantic Boulevard, LLC, a/k/a Salute Restaurant, by approval of a First Lease Agreement Amendment to the Lease of Atlantic Boulevard, LLC; and WHEREAS, the parties hereto did on October 19, 2016, enter into a Fifth Amendment to Lease Agreement to reduce the Lessee's leasehold area by discontinuing the use of Area 3, ( "Concessions Storage ") and Area 2, ( "Sailboat Storage Area ") and increase the Lessee's leasehold area by designating an area for the parking of a road ready mobile storage container ( "Mobile Storage Trailer "), in the Higgs Beach parking area, as depicted on Exhibit "B" as Area 2, ( "Concession Storage Trailer "); and WHEREAS, the parties hereto did on March 15, 2017, enter into a Sixth Amendment to Lease Agreement providing for an increase in Rent and Fees ("Sixth Amendment"); and WHEREAS, the parties hereto did on June 21, 2017, enter into a Seventh Amendment to Lease Agreement providing for replacing existing three (3) registered trailer and concession huts with one (1) Pagel of 3 20' x 8' "Tiny House" style registered trailer to be licensed, registered, and in a road ready condition, and located onto the existing concrete pad as depicted on the Higgs Beach Site Plan, Exhibit "B" as Area 1 (Existing Conc. Slab), dated revised September 15, 2016; and to decrease the Lessee's leasehold area by discontinuing use of the area designated for the parking of a road ready mobile storage container ( "Mobile Storage Trailer "), in the Higgs Beach parking area, depicted on Exhibit "B" as Area 2, ( "Concession Storage Trailer "); and that the Higgs Beach Site Plan, revised September 15, 2016, Exhibit "B ", which was a part of the Seventh Lease Amendment, be replaced with a revised Exhibit "B ", designated as revised June 6, 2017, to reflect the modifications indicated to the leased area in the Seventh Amendment; and WHEREAS, the "Tiny House" was delivered and became operational at the Higgs Beach site on or about October 18, 2017; and WHEREAS, the parties now desire to extend the current term of the Lease Agreement, as amended, on a month -to -month basis, not to exceed six (6) months, pending the advertising of a Request for Proposals (RFP) and award of a contract, and abate certain rental payments for September 2017 due to Hurricane Irma; and WHEREAS, the parties have found the Lease to be mutually beneficial; and WHEREAS, both parties desire to amend the Lease, NOW, THERFORE, 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, Term, of the Lease dated April 15, 2009, as amended, is amended to read as follows: 2. Term. The term of this lease extension shall commence on April 15, 2018, and continue on a month -to -month basis for a period of time not to exceed six (6) months pending the advertising of an RFP and award of a contract. Section 2. Lessee pays a total monthly rental payment in the amount of Two Thousand One Hundred Seventy -six and 401100 ($2,176.40) Dollars, plus sales and usage tax, or ten per cent (10 1 /6) of its total gross proceeds per month for beach chair and umbrella rentals, and ten percent (10 %) per month for the kayak, sailboat, daysailer, snorkel equipment, longboard, aqua ball, paddle board, and other water related equipment rentals, and ten per cent (10 %) of locker rental proceeds, whichever is greater. The County agrees to abate the total monthly rental payment for September 2017 in the amount of Two Thousand One Hundred Seventy -six and 401100 ($2,176.40) Dollars and accept only ten per cent (10 %) of Lessee's total gross proceeds for each of the aforementioned rentals as the rental payment for September 2017 due to the closure of Higgs Beach as a result of Hurricane Irma damage. Section 3. In all other respects, the Lease dated April 15, 2009, the First Amendment dated October 21, 2009, the Lease Renewal dated January 20, 2012, the Third Amendment, dated March 18, 2015, the Fourth Amendment dated March 23, 2016, the Fifth Amendment dated October 19, 2016, the Sixth Amendment dated March 15, 2017, and the Seventh Amendment dated June 21, 2017, remain in full force and effect. Page 2 of 3 Except as set forth above, in all other respects, the terms and conditions of the Lease Agreement, as amended, not inconsistent herewith, remain in full force and effect. ylN`WI- TNESS; WHEREOF, each party has caused this Eighth Amendment to Lease Agreement to be ezec'uted,by'.its1duly authorized representative. °a •;-:-(SEAL) .- r n.; :ATTEST; <KaE-VIN MADOK, CLERK By Deputy Clerk WITNESSES: Printed Name and Date Signature 0A �8 Printed Name and Date Signature BOARD OF COUNTY COMMISSIONERS OF MONROE COUN Y, FLORIDA By Mayor /Chairmai TROPICAL WAT,ERSP LLC .1 3, / 7 Printed Name and Title Date MONROE COUNTY ATTORNEY'S OFFICE L A,ff RAVED AS TOO Ma ct L PATRICIA EABLES� 1 ASSISTANT COUNTY AORNEY 2�2 DATE: , 2 - la ►A {"' Lt_r Page 3 of 3 ti cam �Drr? t~ n N C rn t ?3D Page 3 of 3 nECE V El MED TRnP AT-D1 hA n n n n nn.n RF ,ANI - T irinn V ' ° CERTIFICATE OF LIABILITY INSURANCE DA 341 o1s THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPC N E CERTIFICATE HOLDER 1S CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE CO ED IES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: if the certificate holder is an ADDITIONAL INSURED, the policy(les) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER 52 Regan Keys Insurance Services a Division of IOA P.O. Box 500280 Marathon, FL 33050 PHONE FAX A1C, No Eat) ^ LAlC , No): °1 pg . - Iregan n( ke ysinsurance.com l INSURE AFFORDING COV ERAGE_ _ NAIC 0 13027 EACH OCCURRENCE I INSU A: COVIn Specialty Insurance Company INSURED INSURER 8: MED EXP o�ro.prJaon) i INSURE C : Tropical Watersports, LLC INSURER D: GENERAL AGGREGATE I 1807 Laird St Key West; FL 33040 INSURER E INSURER F: AUTOMOBILE CAVFRAnFA BFRTIPICATF NI IMRFIi• V"1Q1n1J aJnMQCO. THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE ADOL U POLICY NUMBER POLICY EFF POLICY EXP LIMITS A C-GENERAL UAimLnY X I CoMMERUU CLANISAIADE [X] OCCUR I X l VBAS9224400 01122/2018 I 01122/2019 EACH OCCURRENCE I 3 500,000 DAMAGE RENTED al PREMISE $ 100,000 MED EXP o�ro.prJaon) i s 5,000 3 500,000 PERSONAL 8 ADV INJURY 1 GEN'L AGGREGATE LIMIT APPLIES PER: POLICY E] m F-1 LOC OTHER GENERAL AGGREGATE I $ 500,000 $ 500,000 PROOUCTS- COMPIOPAGG AUTOMOBILE LIABILITY ANY AUTO OWNED SCHEDULED AUTOS ONLY AAU�TNOpS AUTO S ONLY AUTOS yy�Ep ONLY COMBINED SINGLE LIMIT BODILY IN JURY,IPor_peraen)__ BODILY INJURY Par aer�rnl e) 3 (PPOPERTY DAMAGE �S S _I I UMBRELIALUU3 EXCESS LIAB OCCUR CLAIMS-MADE I APP VEI ISK WRIAGEME EACH OCCURRENCE 1 AGGR ELATE____ oED RETEHnoN 3 WORKERS COMPENSATION AND EMPLOYERS!LIMUY YIN ANYPROPRIETORIPA QF�E�R/Mljn � EXCLUDED? (If e ry I} y es. describe order DESCRIPTION OF OPERATIONS below N / A DA WAIVER N/A YES I PE R = ST 6 I ! ER _ _$__ E.LEACHACCIOENi ____ E.L DISEASE - EA EMPLOYE $ E.L DISEAS • POLICY LIMIT DESCRIPTION OF OPERATIONS I LOCATKINS I VEHICLES IACORD 101, AddrJeW Ramuks Schedt , may be attached It move space is mqudred) SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. Monroe County Florida Board of County Commissioners 1100 Simonton Stree ACORD 25 (2018103) AUTHORED REPRESENTATIVE m 1988 -2015 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD