Reso 2024-3759 - Laserfiche WebLink

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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION ADDENDUM TO USE AND OCCUPANCY AGREEMENT Item/Segment No. Managing District F.A.P. No. State Road County Parcel No. AGREEMENT 2488311 Six N/A Al A & 856 Miami -Dade 653 (Lot 3) 1. The Recitals set forth above are incorporated into and are made a part hereof. 2. Paragraph 2: Term, is hereby deleted and is replaced with the following: Lessor does hereby lease unto Lessee the property described in Exhibit "A," attached hereto and made a part hereof, for a term of approximately six (6) years beginning with the Effective Date and ending May 31, 2030 (the "Expiration"). If Lessee desires to continue leasing the Leased Property, Lessee shall provide written notice to Lessor at least one hundred eighty (180) days prior to the Expiration of the Lease. If Lessor, in its sole discretion, and in accordance with Lessor's procedures, determines that the Leased Property continues to be available for lease, a new Lease will be required. The Lessee's failure to comply with the foregoing 180 -day notice provision may result in the Lessor's refusal to enter into a new Lease. If Lessee holds over and remains in possession of the Leased Property after the Expiration of the term specified in this Lease, Lessee's tenancy shall be considered a tenancy at sufferance, subject to the same terms and conditions as herein contained in this Lease. This Lease is subject to all utilities in place and to the maintenance thereof as well as any other covenants, easements, or restrictions of record. This Lease shall be construed as a lease of only the interest, if any, of Lessor, and no warranty of title shall be deemed to be given herewith. 3. Paragraph 3: Rent, Paragraph 3.a. and 3.e. are hereby deleted in its entirety and replaced with the following: a. On the first business day after the last day of each quarter, the Lessee shall pay Lessor, as rent, forty (40%) percent of all gross revenues collected from the use of the property for public parking. "Gross revenues" shall be described as any and all revenues received from the Lessee as a result of the use of the Leased Property, 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. The first quarter shall commence on November 1, 2024 and all subsequent quarters shall commence on three (3) month intervals thereafter, being February 1, May 1, and August 1. Lessee shall bear all expenses and operational costs. Lessee shall also pay to Lessor any state, county, city, or local taxes which may be applicable. If this Lease is terminated prior to the end of any rent payment period, the unearned portion of any rent payment, less any other amounts that may be owed to Lessor, shall be refunded to Lessee Page 2 of 6 526