PLACEMENT: Consent
TITLE:
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ACCEPTANCE AND APPROVAL OF A SECOND AMENDMENT TO OPTION TO LEASE WITH THE MARTIN COUNTY POLICE ATHLETIC LEAGUE, INC., EXTENDING THE TERM OF THE OPTION TO LEASE ON COUNTY OWNED REAL PROPERTY IN GOLDEN GATE
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EXECUTIVE SUMMARY:
executive summary
This request is for the approval of a Second Amendment to Option to Lease between Martin County and Martin County Police Athletic League, Inc. (MCPAL), extending the term of the Option to Lease for two additional years. The subject property is owned by Martin County and located in Golden Gate.
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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:
Documents drafted by:
Martin County
Parties to the Amendment:
Martin County - Lessor
Martin County Police Athletic League, Inc. - Lessee
Purpose of the Option:
Provide a 2-year extension to Option to Lease for the ability to build a new facility
New/Renewal/Modified:
Modified
Duration:
Two (2) years - terminating October 31, 2026
Benefits to County:
Provide provisions for a proposed public facility for MCPAL expanding their league in furtherance of its commitment to providing kids with a safe environment in which they can develop new friendships and become productive members of society.
Cost to Martin County:
None
On June 2, 2020, the Board of County Commissioners approved an Option to Lease and Public Purpose Lease Agreement with MCPAL. The Option gave MCPAL approximately two (2) years or until April 30, 2022, to submit all required development information to the County with an expiration date of October 31, 2022. Section II, subsection B, of the Option, allows for the extension of the termination date by written agreement of the Parties.
On May 12, 2022, a First Amendment to Option to Lease was executed, granting a two (2) y...
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