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2nd Amendment 04/20/2022 DATE: May 5, 2022 TO: William DeSantis, Director Facilities Maintenance Chrissy Collins Executive Administrator FROM: Liz Yongue, Deputy Clerk SUBJECT: April 20th BOCC Meeting Attached is an electronic copy of the following item for your handling: C12 Lease extension with KIR Key Largo 022, LLC, for a five-year term (2022 - 2027) for the Social Services site at Tradewinds Shopping Center, at an initial cost of $44,544.00/year with annual adjustments of 5%. Funding in FY22 is from Infrastructure Sales Taxes. In subsequent years, it is funded by ad valorem taxes. 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Policy #: PLM-00083-00 5% P/O $50M x/s $50M StarstoneSpecialtyIns.Co. Policy #: C82784221CSP 10% P/O $50M x/s $50M IronshoreSpecialtyIns.Co. Policy #: 1000463864-02 10% P/O $50M x/s $50M Policy #: B128423606W22 21% P/O $50M x/s $50M EverestIndemnityIns.Co. Policy #: RP5CF00092-221 15% P/O $50M x/s $50M StarrSurplusLinesIns.Co. Policy #: 22SLCFM11522201 4% P/O $50M x/s $50M Berkshire Policy #: 42-XPR-319897-01 20% P/O $50M x/s $50M CrumandForsterSpecialtyInsuranceCompany 5% P/O $75M x/s $50M Participation:100%(Spectrum5%,Starstone10%,Ironshore10%,Lloyds21%,Everest15%,Starr4%,Berkshire20%, Buubdinfou!Dpef;!E714939!Nbtufs!JE;!2229827-!Dfsujgjdbuf!JE;!687985 C&F 5%, CNA 10%) ExcessProperty$25MX/S$100MLayer Rivington/TexasIns.Co. Policy #: BRPSLPTNY011100_080063_01TBD 20% P/O $25M XS $100M Hallmark Specialty Ins. Co. Policy #: 73PRX22ABD4 10% P/O $25M XS $100M StarrSurplusLinesIns.Co. Policy #: 22SLCFM11522201 33% P/O $25M XS $100M WestfieldSpecialtyIns.Co. Policy #: XAE-00004GH 12% P/O $25M XS $100M EverestIndemnityIns.Co. Policy #: RP5CF00092-221 10% P/O $100M XS $100M Participation:100%(Rivington20%,Hallmark10%,Starr33%,Westfield12%,Everest10%,CNA10%,C&F5%) ExcessProperty$75MX/S$125MLayer StarrSurplusLinesIns.Co. Policy #: 22SLCFM11522201 40% P/O $75M XS $125M RSUIIndemnityCo. Policy #: NHD922332 40% P/O $75M XS $125M Participation: 100% (Starr 40%, RSUI 40%, Everest 10%, CNA 10%) ExcessProperty$150MXS$200M ChubbBermuda Policy #: KIMCO02222P 90% P/O $150M XS $200M Participation: 100% (Chubb 90%, CNA 10%) StandAloneTerrorism: Primary $100M Global - 4.375%, Aegis - 4.375% Policy #: PRPNC2200309 Excess $250M X/S $100M Policy #: PRPNC2200318 Buubdinfou!Dpef;!E714939!Nbtufs!JE;!2229827-!Dfsujgjdbuf!JE;!687985 SUBLIMITS: TERRORISM: $350,000,000PEROCC/AGG(StandAlonePolicy)FLOOD: $100,000,000PEROCC/AGG,EXCEPT; $50,000,000SPECIALFLOODHAZARDAREAS EARTH MOVEMENT: $125,000,000PEROCC/AGG,INCLUDINGCALIFORNIA,EXCEPT; $50,000,000PEROCC/AGGFOREARTHMOVEMENTINALASKA,HAWAIIANDPUERTORICO NAMEDWINDSTORM: $125,000,000 PER OCC. FOR ALL NAMED WINDSTORM AND WIND DRIVEN WATER CAUSED BY NAMED WINDSTORM ENSUINGMOLD,MILDEWANDFUNGUS:$5,000,000PEROCC/AGG EQUIPMENTBREAKDOWN:$100,000,000PEROCC/AGG DEDUCTIBLES: $25,000 - EXCEPT; FLOOD: 1.WITHRESPECTTOLOCATIONSWHOLLYORPARTIALLYWITHINSPECIALFLOODHAZARDAREAS(SFHA),AREAS OF100YEARFLOODING5%OFTIVATEACHLOCATION,SUBJECTTOAMINIMUMOF$500,000ANYONEOCC. 2.WITHRESPECTTOANYOTHERFLOODLOSSORDAMAGE:$50,000ATEACHLOCATIONINVOLVEDINLOSSOR DAMAGE,ANYONEOCC. EARTHQUAKE:$50,000EXCEPT: STATEOFCALIFORNIA-5%OFTIVPERUNITATOFLOSS,SUBJECTTOAMINIMUM.OF$250,000FORANYONE OCCURRENCE. NEWMADRID,PACIFICNORTHWEST&OTHERZONESINCLUDINGALASKA&HAWAII-2%OFTIVPERUNIT, SUBJECTTOAMINIMUMOF$100,000FORANYONEOCCURRENCE. NAMEDWINDSTORM: $50,000 EXCEPT: THESTATEOFFLORIDAANDFIRSTTIERCOUNTIES-5%OFTIVPERUNITATTIMEOFLOSS,SUBJECTTOA MINIMUMOF$100,000FORANYONEOCC.SHALLBEDEDUCTEDFROMANYADJUSTEDNAMEDWINDSTORMLOSS EXCEPTEXCESSOFWINDPOOLWHETHERPURCHASEDORNOT. WIND/HAIL:2%OFTIV,SUBJECTTOAMINIMUMOF$100,000FORANYONEOCC. STANDALONETERRORISM: $25,000PROPERTYDAMAGE&BlCOMBINED BUSINESSINTERRUPTIONISACTUALLOSSSUSTAINEDWITH365DAYSOFEXTENDEDPERIODOFINDEMNITY. EXTRAEXPENSEISINCLUDED.