PLACEMENT: Consent
TITLE:
title
REQUEST APPROVAL OF A SECOND LEASE EXTENSION AGREEMENT WITH FLORIDA INLAND NAVIGATION DISTRICT (FIND) FOR PUBLIC BOATING AND RECREATIONAL PURPOSES AT PECK LAKE PARK
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EXECUTIVE SUMMARY:
executive summary
Request for approval of the Second Lease Extension Agreement with FIND for ten years, for use of property known as Peck Lake Park on SE Gomez Avenue for public boating and recreational purposes, in Hobe Sound.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: James Gorton, Public Works Director
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Agreement/Contract drafted by:
Martin County
2. Parties to the Agreement/Contract:
FIND - Lessor
Martin County - Lessee
3. Purpose of the Agreement/Contract:
Extend term of original lease for 10 years
4. New/Renewal/Modification:
New
5. Duration:
Ten (10) years
6. Benefits to Martin County:
Public boating and recreational in Hobe Sound
7. Cost to Martin County:
$10.00 total (represents $1.00 annual rent for 10 years)
Martin County entered a 30-year lease with FIND on November 9, 1984, for property located on SE Gomez Avenue, known as Peck Lake Park. In 2014, a Lease Extension Agreement for an additional ten years was entered into extending the term of the Lease to November 8, 2024, with annual rent of $1.00 per year.
This new Second Lease Extension Agreement is being offered to Martin County for an added ten-year term expiring on November 8, 2034, for an annual rent of $1.00 a year. The Extension Agreement also clarifies obligations for Public Records, insurance coverage/sovereign immunity, and registration and use of the E-Verify system.
The United States of America retains the right to deposit dredging spoils in connection with the improvement and maintenance of the Intracoastal Waterway from Jacksonville to Miami. FIN...
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