Reso 2012-1999 - Laserfiche WebLink

Home Browse Search

SUNNY 1,4e, AP- = CITY OF SUNNY ISLES BEACH '• PARKING LICENSE AGREEMENT SF'LJFUOFO ti .N O T OF SUN This Parking License Agreement (this "Agreement") is made as of the)4 day of/40$76/41, r` 2012, by and between the CITY OF SUNNY ISLES BEACH, a municipal corporation(the "City") and COASTAL CONSTRUCTION OF SOUTH FLORIDA, INC. D/B/A COASTAL CONDOMINIUMS ("Coastal") and/or assigns. RECITALS WHEREAS, Coastal is in need of additional parking for its patrons; and WHEREAS, the City and Coastal desire to enter into a exclusive parking agreement to permit Coastal to park vehicles and a mobile office trailer at the public parking lot located at 175th Street (the "Property"), attached hereto as Exhibit"A", and incorporated herein by reference; and NOW, THEREFORE, in consideration of the execution and delivery of this Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein in their entirety. 2. Use of parking space area. The City hereby licenses to Coastal the right to use on a exclusive basis the parking area reflected in the attached Exhibit "A" on which Coastal shall locate a mobile office. In addition, the City agrees to provide 8 (eight) parking space passes to be used by patrons of Coastal on a non-exclusive basis to park within the parking spaces designated by the City. The 8 (eight) parking space passes may be utilized only by Coastal or its guests. No other use of the Property is permitted without the express written permission from the City. 3. Monthly Rent. Coastal shall pay a monthly fee of$6,000.00 (Six Thousand Dollars) for non-exclusive use of the parking area reflected in the attached Exhibit "A", commencing on the date of execution of this Agreement (the "Effective Date") by the City. The first payment shall be due no later than December 1, 2012, and thereafter no later than the 1St day of each month. 4. Term. This agreement shall remain in effect from the execution date of this Agreement and continue for 20 (twenty)months. 5. Renewal Term. At the conclusion of the initial 20 (twenty) month term, this Agreement may be renewed for 4 (four) months based on the mutual agreement of both parties. 6. Improvements. No structures or improvements of any kind other than Coastal's mobile office shall be placed upon the Property described in Exhibit A without prior written approval of the City Manager or his designee. 7. Maintenance. Coastal shall keep and maintain the parking spaces described in Exhibit A licensed under this Agreement within the Property in good and clean condition, including the regular removal of all litter and trash and all parking spaces under this free from litter and trash from