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1st Amendment 10/19/2022 CP I cou"r, Kevin Madolk, cpA Clerk of the Circuit Court& Comptroller— Monroe County, Florida DATE: October 21, 2022 TO: NVIlliain I)cSantis, Director Facilities M�U'ntcnancc AYM: Chilssy Collins F,xccutivc Administrator FROM: Panicla G. Ilancj) SUBJECT: ()ctol)cr 19" 110CC Meeting Attached is an c1ccli-onic copy ol'the following item for your handling: C2 First Amendment to Lease with Advanced Modular Space, Inc. to add a provision that allows Monroe County the option to Buy Out the Leased Trailer occupied by Facilities Maintenance on Rockland Key during the initial to of the lease agreement. Should you have any questions please feel free to contact me at (305) 292-3550. CC: County Attonicy Finance Filc KEY WEST MARATHON PLANTATION KEY 500 Whitehead Street 3117 Overseas Highway 88770 Overseas Highway Key West, Florida 3300 Marathon, Florida 3300 Plantation Key, Florida 33070 AMENDMENT TO THE ROCKLAND KEY MODULAR UNIT LEASE AGREEMENT BETWEEN ADVANCED MODULAR SPACE, INCORPORATED AND MONROE COUNTY This Amendment to the Lease Agreement (hereinafter, "Amendment"), between ADVANCED MODULAR SPACE, INCORPORATED, hereinafter referred to as "ADVANCED MODULAR SPACE"; and MONROE COUNTY BOARD OF COUNTY COMMISSIONERS (BOCC), hereinafter referred to as "COUNTY",a political subdivision of the State of Florida,whose address is 1100 Simonton Street, Key West, Florida 33040, is made and entered into this 42-1' day of Septemb 2022, in order to amend the Contract Agreement as follows: 19th October Witnesseth WHEREAS, on April 27, 2021, the COUNTY, through the BOCC, approved a Lease Agreement with ADVANCED MODULAR SPACE for the lease by ADVANCED MODULAR SPACE to the COUNTY of a building consisting of two modular units to be located at 143 Toppino Industrial Drive; Key West, Florida 33040 (Property ID No. 00122070-000700); and WHEREAS, Paragraph 2 of the Lease Agreement provided for an Initial Lease Term for a period of Five (5) years commencing on August 1, 2021, and terminating on July 31, 2026; and WHEREAS, Paragraph 3 of the Lease Agreement provided for an Optional Lease Term for an additional Five (5) years exercisable by the COUNTY in accordance with the terms contained therein with respect to the Initial Lease Term; and WHEREAS,Paragraph 4 of the Lease Agreement provided that the COUNTY was thereby granted the option to purchase the modular units upon the expiration of the Initial Term or at any time during the Optional Lease Term for an amount mutually agreed by the parties; and WHEREAS, the parties desire hereby to amend Paragraph 4 of the Lease Agreement to provide that the COUNTY may exercise its option to purchase the modular units at any time during the Initial Lease Term. NOW, THEREFORE, in consideration of the mutual promises and covenants set forth below, the parties agree as follows: 1. Paragraph 4 of the Lease Agreement is hereby amended to provide: COUNTY is hereby granted the option to purchase the modular units at any time during the Initial Lease Term. 2. COUNTY hereby exercises its option to purchase the modular units identified in the Lease Agreement pursuant to Paragraph 4 thereof,as amended by this Amendment. 3. COUNTY shall pay ADVANCED MODULAR SPACE the sum of One Hundred, Fifty- Eight'rhousand,Four Hundred and 00/100($158,400.00)Dollars pursuant to Paragraph 4 of the Lease Agreement, as amended by this Amendment. 4. Upon payment by the COUNTY pursuant to Paragraph 3 hereof, any obligations incurred by the COUNTY under the Lease Agreement relative to the payment of rent on the modular units or otherwise are deemed discharged hereby and title to the modular units shall transfer to the COUNTY, free and clear of all encumbrances arising by or through ADVANCED MODULAR SPACE. e" WHEREOF, the parties hereto have set their hands and seals the day and year first BOARD OF COUNTY COMMISSIONERS NIN mATJOK; CLERK' OF MONROE COUNTY,FLORIDA 13� By Als-Deputy y Clerk Ma r Davi 'cc o-1 hoofforKm CQUNTY^-rWC"%PMV-&cprncr- Aurv-nc�wo Am"M InARM ..................... ADVANCED MODULAR SPACE, INCORPORATED 1334�........... --—-------------------------------------------- P:z(--�- Title: D i ov. Pniffu*ka- STATE OF: ........................ ................. COUNTY OF:A&��� Subscribed and swornnjo or ffirmed)before me, by means of JR physical presence or 0 online notarization, on (date)by_746e— -Aad'��................... ............. (name of affiant). He She i persona y 11own to me br has produced ................................. ................. .................................... ............................0011111?itpe of identification)as identification. - NOrARY_.". ....................................... -p-u- r) RE3,#7631006 NOTARY PUBLIC Eo . m COMM3 SION EXPIRES 0&30J2023 060 G, fla�TH 0*