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<br />. <br /> <br />PROPOSAL FORM - GROUND LEASE FOR AOUATIC ENTERTAINMENT CENTER <br /> <br />Aquatic Entertainment Center - 151 Sunnv Isles Boulevard <br /> <br />By signature below, the Proposer submitting this Proposal Form understands that either <br />party will have the right to negotiate additional terms and conditions that do not <br />materially differ from or change the essential elements of the Request for Proposal or of <br />the Proposer's proposal. <br /> <br />A, Ground Lease Term: 99 years <br /> <br />B. Estimated Land Value: $10 Million Dollars <br /> <br />C. Ground Lease Rent: Rent shall be payable~~J-ldvance. The City <br />expects fair market rent for the ground 'based on appraisal of the value of <br />the land, length or term, and periodic incre~ses in rent. <br /> <br />DEVELOPER PROPOSAL FOR SITE: <br /> <br />Ground Lease term: 99 Years <br /> <br />- <br /> <br />Annual Ground Lease Rent Amount: <br /> <br />$324,000.00 <br /> <br />Dollars <br /> <br />Ground Lease increase: <br /> <br />1, () % increase every ( ) years; <br /> <br />Conditions: ~PP Cltt-;:lC!hpn T,p;:lC:p 'l'prm ~hpPt-* <br /> <br />* Terms subiect to neqotiation by the parties <br /> <br />Name of Company: 4M Investors, LLC <br /> <br />Company Address: 3211 Ponce de Leon Blvd. #301 <br /> <br />Coral Gables, FL 33145 <br /> <br />Contact Phone: <br /> <br /> <br />thorized to submit proposals: .To!=;ppH Mi 1 ton <br />Date: !'t.sJ ~ ,;~ -g i --z. c I 0 <br />. <br /> <br />Signature: <br /> <br />. <br /> <br />RFP Aquatic Entertainment Center <br /> <br />22 <br />