1st Amendment 03/23/2016AMY NEAVILIN, CPA
CLERK OF CIRCUIT COURT & COMPTROLLER
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DATE: April25, 2016
TO: Kevin Wilson
Director of Public Works/Engineering
ATTN: Alice Steryou
FROM: Cheryl Robertson Executive Aide to the Clerk of Court & Comptroller CA -
At the March 23, 2016 Board of County Commissioner's meeting the Board granted approval and
authorized execution of Item C27 Approval of a Commercial Lease Renewal Amendment with Big Pine
Key, 2013 LLC, Inc. for operation of a Monroe County Library at the Big Pine Key Shopping Center.
Enclosed is a duplicate original executed on behalf of Monroe County, for your handling. Should you
have any questions, please feel free to contact me.
CC: County Attorney
Finance
File ✓
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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
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COMMERCIAL LEASE RENEWAL AMENDMENT #1
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This Amendment is made and entered into on the 23`d day of-Febtuary, 2016, by and between Big
Pine Key, 2013 LLC, a Florida limited liability company, (hereinafter "Lessor") and Monroe County Board
of County Commissioners, a political subdivision of the State of Florida, (hereinafter "Lessee" or "County")
for operation of the Monroe County Public Library.
WHEREAS, on the 16th day of March, 2011, the parties entered into a commercial lease agreement
for operation of a Monroe County Public Library at the Big Pine Shopping Center; and
WHEREAS, the term of the original agreement term ends on February 29, 2016; and
WHEREAS, Lessee has requested that the original lease be renewed and the Lessor has agreed to
renew the lease for an additional 5 year term under the same terms and conditions as the original agreement;
and
WHEREAS, the parties have found the original agreement to be mutually beneficial; now, therefore,
IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as
follows:
Subparagraph 2.1 of the original agreement is amended to read:
2.1 Lease to commence March 1, 2016
2. Subparagraph 4.6 of the original agreement is amended to read:
4.6 Rental payments are to be made to Big Pine Key, 2013 LLC and mailed to:
Big Pine Key 2013 LLC
P.O. Box 62505
Baltimore, MD 21264-2505
For wire transfer; instructions are available upon request.
3. The first paragraph of Subparagraph 4.1 will be replaced with the following:
As rental for the lease of the Premises, Lessee shall pay to Lessor, at Lessor's address set
forth herein, or at such other place and to such other person as Lessor may from time to time
designate in writing for the term of this Lease. Starting March 1, 2016 the total monthly rent
will be $2,905.79 and will increase by 2% every March lst, starting March 1, 2017.
Except as set forth in paragraph one, two and three of this Commercial Lease Renewal Agreement, in all
other respects, the terms and conditions of the original agreement remain in full force and effect.
IN WITNESS WHEREOF, each party has caused this Agreement to be executed by its duly
authorized representative.
(SEAL)
WITNESSES:
LESSEE:
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
May r He r Carruthers
Date: 3 L�3 //
LESSOR:
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BIG PINE KEY 2013, LLC
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By: HUH BPK 2013, LLC Its
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Managing Member
By: HUH US Real Estate Income
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REIT, Inc., Its sole member
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Robert T. Schmitt,
Executive Vice President
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