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Agenda Item # 10.a.
City Commission Regular Meeting
Meeting Date:
05/16/2016
Re
Jetty View, LLC Lease Agreement
Submitted For:
Mike Reals

SUBJECT:

Approval of Lease Agreement between the City of Fort Pierce and Jetty View, LLC for a one-year term to create a temporary parking lot along Seaway Drive in the amount of $48,000.00 annually.

SUMMARY:

The City of Fort Pierce aims to enter into a lease agreement with Jetty View, LLC to create a temporary parking lot on three parcels of land located along Seaway Drive west of the Square Grouper. With competing uses of Jetty Park between the fishermen, beach goers, park visitors, and the patrons of the surrounding businesses, the popularity of this area continues to increase and additional parking is desperately needed. This lease agreement is for 12 months with the possibility of a one year extension if agreed upon by both parties.

The creation of this temporary parking solution will add approximately 125-150 additional spaces. This will reduce the congestion of Jetty Park and vehicle stacking while visitors are searching for and waiting on an available space.

The business community is behind this idea and has offered to contribute funds to the City of Fort Pierce to help offset the cost. For their contributions to this project, the Public Works Department will erect signage identifying the parking area as well as the area businesses that are participating in making this project a reality.

The residents of South Beach, visitors to the area, and the business owners will all benefit from the creation of the proposed temporary parking lot while a long term, permanent solution is sought.

RECOMMENDATION:

The Public Works Department recommends approval of this lease agreement to provide a temporary parking lot and alleviate parking congestion in the Jetty Park area while a long term, permanent solution is sought.

ALTERNATIVES:

Deny approval of this agreement and continue to focus on a long term, permanent parking solution on South Beach.

RESPONSIBLE STAFF:

Public Works, Finance, City Manager, City Attorney

COORDINATED WITH:

Public Works, Engineering , Finance, City Manager, City Attorney,


Fiscal Impact

Budgeted Y/N:
N
Fiscal Year:
2016
Account:
00160005134990
Amount:
58,000.00

FISCAL IMPACT:

Rent for the demised premises shall be in the amount of $4,000.00 per month for a term of 12 months. An amount not to exceed $48,000.00.

Anticipated cost of site improvements is approximately $10,000.00. This will include hardening of the drive isles, delineation of the parking spaces, creation of two concrete handicap accessible spaces, and lighting.

Attachments

Form Review

Inbox Reviewed By Date
Finance Department Johnna Morris 05/10/2016 03:01 PM
City Manager Nick Mimms 05/11/2016 10:17 AM
Form Started By:
Jennifer Robinson
Started On:
05/06/2016 10:09 AM
Final Approval Date:
05/11/2016