PLACEMENT: Consent
TITLE:
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REQUEST AND APPROVAL TO TERMINATE THE LEASE BETWEEN BOYS AND GIRLS CLUBS OF MARTIN COUNTY, INC. (BOYS AND GIRLS CLUB), AND THE MARTIN COUNTY BOARD OF COUNTY COMMISSIONERS (BOARD)
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EXECUTIVE SUMMARY:
executive summary
This is a request for the acceptance and approval of a Mutual Termination of Lease between Boys and Girls Club and Martin County for the lease of the Boys and Girls Club located at 1150 SW Martin Downs Boulevard, in Palm City. Boys and Girls Club is relocating these services to their new facility within the City of Stuart.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: Boys and Girls Clubs of Martin County
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Mutual Termination of Lease drafted by:
Martin County
2. Parties to the Mutual Termination:
Martin County - Lessor
Boys and Girls Club - Lessee
3. Purpose of the Mutual Termination:
Terminate Lease Agreement
4. New/Renewal/Modified:
New
5. Duration:
Lease will terminate September 30, 2024, upon approval by the Board of County Commissioners
6. Benefits to Martin County:
Provide the County with the opportunity to consider alternative uses for the building.
7. Cost to Martin County:
Maintenance of the vacated premises
On June 13, 2006, the Boys and Girls Clubs of Martin County (Boys and Girls Club) and Martin County entered into a Lease Agreement for a Boys and Girls Club in Palm City. The initial Lease term was for twenty (20) years. The Lease Premises was used solely for the purposes of providing program services that will inspire and enable all young people, especially those from disadvantaged circumstances, to realize their full potential as productive, responsible, and caring citizens.
In accordance with the terms of the Lease, Boys and Girls Club may terminate at any time during the Lease period by written request. The building, located on County...
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