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07th Amendment 06/20/2018 DATE: June 25, 2018 TO: Kathy Peters, CP County Attorney’s Office FROM: Pamela G. Hancock, D.C. th SUBJECT: June 20 BOCC Meeting Attached is an electronic copy Item P8, 7 Amendment to Proplaza, LLC Lease th Agreement extending the lease for the County Attorney’s Office space for five years, for your handling. Should you have any questions, please feel free to contact me at ext. 3130. Thank you. cc: Finance File • SEVENTH AMENDMENT TO LEASE AGREEMENT TH IS SEVEN AMENDMENT (hereaft "Amendment'') is made and entered Into • this 20t • h day of June,;201$,by arid; between Monroe County, a political sttlidivision of: the..St . of Florda, : whose::: address is `1100 `Simonton Street, : Key West, FL 3 3040 (hereinafter • COUNTY or LESSEE ), and Proplaza, LLC:, a Florida Limited. Liability corporation, whose address. is 1111 12`h Str . Suite 212, Key: West,. FL 33040 :.(hereinafter:: ":OWNER ". .or : "LESSQR ") WHEREAS,;on July 18, 2007, the parties entered into a lease fo r office. space situated at 1 111 l2 S treet, S 408 ,Key est, Florida 344, expiring A ugu s t 3, 20 an • ; April 20, . 2011, the parties agreed to : extend : the lease fora one-year t erm expiring August 3l, 2012, and WHEREAS on April 1:8 2412 the p a r ties agreed to extend the lea for. a one -year term . expiring August 3 1, 2013•and WHEREAS, on_ May 15 2013 the parties agreed to extend the lease for a one - year :term .... : ..:: . exp August 31,.2014, and .:.:.. ......... ...... ... WHEREAS, on June 11, 2414,. the parties agreed to extend the lease for a one -year term • e xpiring August 31, 2015, and ° WHEREAS, on August 20, 2014, the Iease was amended: o reflect: the change in the ...: th . un derl y mQ o .. wne rshi of the:leased p ro pert from 12 Street, LTD to Pro laza, LLC, and P P p y. y � �. ::... WHEREAS; the lease dated July 18, X2007,. provides that lease agreement may be • extended in one yearintervals, anti . f hHEREAS LESSEE has offered, and::LESSOR has agreed, to renew the lease :for a five {5) year;term in exchange for Belting the annual : ren t al increa at a fixed 3 %, N THEREFORE, I N . of the mutual promises and consideration .. .. • • contained herein, t he par ties. •agree::: Section l Paragraph 2 of the original agreement i amended to•read T ERM The term of the Renewal shall be for:five :(5) years:: commencing: on September t,' 2018, and .terminating on, August 31, 2023, unless terminated earlier: under • :another paragraph of: this agreement ................ Section 2. Paragraph h 4A of the original Lease Agreement is amended to. read: 4 RENT. .. Pagelof�:. . Amendment to iCAY Office.5pace Lease HOCG6t2G1128 . . ... • „ A Commencing; on September 1, 20.18,.for use of, the pre m i ses•the LESSEE must pay ,: LESSOR the: sum:of:$ 9; 53 8 ;per.year due: in monthly: installments payable arrears upon receipt ;of a proper :invoice: pursuant to th Florida Payment: Act, Section 218 70 et : seq ,.Florida Statutes .Rertt Payments shotild:be sent to:: . . Proplaza, LLG : 18Allamand ...... ...... Key. West, Florida:33040 6203 : . .. .. . :Section:3 . . Paragraph 4B: of the original Lease Agreement:is amended to read :: . 4 RENT: • B On the 15 day of September, 2019, : iiid annually ' thereafter, there shall be . an :ad justment to!the b rent w�hi de b ye ta t • p year rent and :: increasing the sar 3 %v : ... . xcept set. forth in Sections :t one,wo, and three of this Seventh Amendment to L ease A greement, : - . in all: other respects;: the original a' ease Agreement dated July 18, 2007, and as :amended on April:, :.: ::20, :201:1• April 18 ;2012;. May '15, .20 i 3, :June .'1;1, 2014, August 20, 201 and July 15 2015 not inconsistentherewith; shall :remain in fti11: force and effect : '.1N` WITNESS WH R EEOF', each party,has caused this. •Agreement to be.; executed byat5 - ., � r; , representative . 1� S BOARD 'OF C4!UNTY CQ)MMISSIOIYERS • ` 4 ,.. � i t i' : MADOK, CLERK : OF 1VJONRO.E. COUNTY, FLQIRIDA eo `rNa a / / .. By : :. .. y .eputy • Clerk : ; :.: :: Mayor '' . Date : 1-'1:1 �... 4 . ; ... (- CORPORATE SEAL) • : - • :: • PROPLAZA LLC .ATTEST . Florida Limdted Liability Contpany . • :Witness Dr :Robita I ockwood, Manage : Pate . MONROE COUNTY ATTORNEY'S OFFICE • . a vEOAS T of ge 2 of 2 A PRO 7 th Amen�Imentto CAY Office Space Lease P . BOCC :0/20.1:1S•• SS A (9., i • .. ASSISTANT CO �7ATE ��>