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HomeMy WebLinkAbout2013 New Lease am of SEBASTIAN HOME OF PELICAN ISLAND AGENDA TRANSMITTAL Subject: Agenda No. /3,4 - /3.63/ Consider- New Working Waterfront Lease w/ Department Origin: City Manager Iisherman's Landing Sebastian, Inc. Administrative S . City Attorney: •pr• ed for Submittal by: City Clerk: Ci Date Submitted: 7 MAR 13 A ner, City Manager Council Date: 13 MAR 13 Ex 'bits: Lease SUMMARY At Wednesday's Council meeting, you will be asked to consider the new lease between the City and Fisherman's Landing Sebastian, Inc. Per your request, a public workshop was conducted on Wednesday, March 6, 2013 in order to gain input on the proposal. Approximately 6-10 residents were in attendance. Since the February 27, 2013 meeting, Staff has modified the lease based on your discussion. During that meeting Council members were probed as to what lease issues they most favored and opposed. Based on those conversations, staff modified the lease in the following ways in order to present a lease that may garner a majority of support from City Council: ➢ 20 Year Term; • 2 ;Special Events Annually; Y ➢ Additional Insurance Requirement from FLS during Special Events; ➢ City Constructed Restroom for FLS; and, ➢ 5 Years to Construct the Fish House. RECOMMENDATION Staff recommends approval of the lease.