Reso 2022-3317 - Laserfiche WebLink

Home Browse Search

Item/Segment No.: 2489741 Managing District Six State Road 826 County Miami -Dade Parcel No. 3129 shall bear all expenses and operational costs from its sixty percent (60%) share of all gross revenues. Revenues shall be described as any and all revenues received from the Lessee as a result of the use of the leased area, including, but not limited to, metered parking, parking for fee, recreational and vending concessions, if any, and fees and/or rent collected from a sublessee which sublease shall have been approved by the Lessor. Rent payments shall be made quarterly on or before the 1St day of the third month following the preceding three months in which such revenues were received and having commenced since October 24, 2011. Each quarterly payment shall be accompanied by a Lessee's signed statement which shall state the total amount of revenues for the period covered and the computation of the rental payment due Lessor. In addition, the Lessee shall provide the Lessor with an annual statement of the proceeds for each 12 -month period of the term, within 30 days from the end of the prior 12 -month period; such annual statement to be signed by the Lessee and certified by a Certified Public Accountant. The Lessee shall maintain a set of books, accounts and records covering the operations that are subject to this Agreement, said books, accounts and records to be of the same types as those customarily used in these types of operations in accordance with accepted accounting practices and standards for such period of time as is provided herein. Lessor shall be permitted upon three -business days prior to written notice to Lessee to examine and audit, during ordinary business hours, by or through its officers, employees or representatives of the Lessor, such records and books of account, provided that the Lessee shall not be required to maintain such records and books of account pertaining to operations within the property occurring during any annual period for more than three (3) years after the end of each annual period. Subsection b. is deleted in its entirety and replaced with the following: The Department reserves the right to review and adjust the rental terms biennially and at renewal to reflect market conditions. Section 4. Use, Occupancy, and Maintenance is hereby modified as follows: Subsection b. is modified to include the following: Existing improvements at the time of this Agreement are landscaping, park benches, decorative pavers, and paved parking area. Subjection n. is hereby added as follows: Lessee shall not sublet the property without prior written authorization from the Lessor. Lessee further understands that any proposed subleasing of the Premises may be subject to FHWA approval of the proposed use in accordance subsection d. of this Agreement. Subletting the Premises 2