PLACEMENT: Departmental
TITLE:
title
REQUEST APPROVAL OF A FOURTH AMENDMENT TO LEASE BETWEEN MARTIN COUNTY AND THE PORT SALERNO COMMERCIAL FISHING DOCK AUTHORITY FOR THE USE OF THE HISTORIC COMMERCIAL DOCKING FACILITY IN PORT SALERNO
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EXECUTIVE SUMMARY:
executive summary
This request is for the approval of a Fourth Amendment to Lease with the Port Salerno Commercial Fishing Dock Authority, Inc., a non-profit corporation (PSCFDA), to establish the total number of slips approved by the Board in the previous agenda item. This number supersedes the slip count authorized un the Department of Environmental Protection (DEP) permit and the Sovereignty Submerged Lands Lease (SSLL).
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: Port Salerno Commercial Fishing Dock Authority
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
Lease drafted by:
Martin County
Parties to the Lease:
Martin County – Lessor
Port Salerno Commercial Fishing Doc Authority – Lessee
Purpose of the Lease:
Modify number of slips consistent with Board approval on Agenda item 27-0187
New/Renewal/Modification:
Modification
Duration:
Commence on July 13, 2004, and terminates on July 12, 2033. With limited option to renew for four (4) additional terms of ten (10) years each (consistent with approved Third Amendment).
Benefits to Martin County:
Update provisions of Lease and provide space for operation of the historic commercial fishing facility.
Cost to Martin County:
None
In July 2004, the Board and PSCFDA entered into a Lease Agreement for County-owned land and dock space along SE Park Drive in Port Salerno.
The First Amendment to Lease was approved by the Board to reduce the size of the leased premises. In 2007, the Board approved the Second Amendment to establish a clear member selection process, set a maximum membership of 35, and establish advertising and membership criteria. In June 20...
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