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Agenda Item # 10.a.
City Commission Regular Meeting
Meeting Date:
03/07/2016
Re
Fort Pierce Yacht Club - Assignment of Lease
Submitted For:
Nick Mimms

SUBJECT:

Approval of Assignment of Lease between St. Lucie County and the City of Fort Pierce, assigning the County's rights, duties, liability and obligations of the Lease Agreement with the Fort Pierce Yacht Club for the property located at 700 North Indian River Drive to the City, contingent upon approval by City Attorney as to form and correctness.

SUMMARY:

On December 14, 1976, the County and City entered into a lease agreement for Indian River Memorial Park along Indian River Drive. The County vacated the property affected by the lease agreement and relocated all activities to the Fenn Center on September 30, 2008. Then, the City terminated the lease agreement with the County on November 14, 2008.

The County entered into a lease agreement with the Fort Pierce Yacht Club for 700 North Indian River Drive on September 8, 1984, and desires to assign this lease to the City effective November 14, 2008. 

The Assignment of Lease was approved by the Board of County Commissioners at the January 26, 2016 meeting.
 

RECOMMENDATION:

Staff recommends approval of the Assignment of Lease.

ALTERNATIVES:

Staff will proceed as directed by the City Commission.

RESPONSIBLE STAFF:

Nicholas C. Mimms, City Manager

COORDINATED WITH:

Saint Lucie County

Fiscal Impact

Budgeted Y/N:
Fiscal Year:
Account:
Amount:

OTHER INFORMATION:

$10.00/year per lease agreement.

Attachments

Form Review

Inbox Reviewed By Date
City Manager Nick Mimms 02/10/2016 03:27 PM
City Manager Nick Mimms 02/10/2016 03:27 PM
Form Started By:
Jennifer Robinson
Started On:
01/15/2016 09:32 AM
Final Approval Date:
02/10/2016