File #: ID#23-1008    Version: 1 Name:
Type: Action Item Status: Consent Agenda
File created: 8/9/2023 In control: Public Works
On agenda: 9/7/2023 Final action:
Title: Approve the termination and issuance of a three-year Lease Agreement by request of Intercultural Advocacy Institute (HOC) to the mutually agreeable prior terms and conditions affecting 612 Franklin Street in Clearwater, Florida and authorize the appropriate officials to execute same. (consent)
Attachments: 1. Tenant Executed & Insc Cert - HOC - Three Year Lease - 612 Franklin Street, 2. HOC LEASE Aerial, 3. HOC Accepted Lease Termination - 612 Franklin Street_, 4. HOC CPD MUTUAL LEASE AGREEMENT APPROVALS - 612 Franklin Street (1)

SUBJECT/RECOMMENDATION:

Title

Approve the termination and issuance of a three-year Lease Agreement by request of Intercultural Advocacy Institute (HOC) to the mutually agreeable prior terms and conditions affecting 612 Franklin Street in Clearwater, Florida and authorize the appropriate officials to execute same. (consent)

 

Body

SUMMARY: 

Intercultural Advocacy Institute (HOC) entered into a city annual One Dollar ($1.00) Lease Agreement on November 1, 2020 to expire on October 31, 2023. 

 

HOC now asks to extend for an additional 3 years. Per the five-year surplus Ordinance and CPD decline, this Agreement can only be terminated early and then reissued for an additional three years. 

 

Currently, HOC on August 8, 2023 executed a Lease Agreement to commence on October 1, 2023 and continue through November 30, 2026 for the sum of One Dollar ($1.00) per year.  

 

This lease cannot be transferred with all taxes, repairs, upgrades, and utilities paid by HOC. 

 

A general liability policy of $1,000,000 / $3,000,000 naming the City has been issued.

 

This Agreement has two Sections and five Options to Terminate plus immediate kitchen reversion upon a disaster occurrence. 

  

City and Legal staff have reviewed and approved this Lease Agreement.