Agenda 07-08-19 B1 1 �►.�+'I �1
Q�,�\�\„B E AC Ki C R A
COMMU N ffY REDEVELOPMENT AGENCY
CRAAdvisory Board Meeting
Monday, July 8, 2019 -6:30 PM
CRAOffice, 710 N. Federal Highway, Boynton Beach, FL 33435
561-737-3256
ADVISORYEN
AGENDA
1. Call to Order
2. Roll Call
3. Agenda Approval
A. Additions, Deletions, Corrections to the Agenda
B. Adoption of Agenda
4. Information Only
A. Financial Report Period Ending June 30, 2019
5. Public Comment
6. Consent
A. Approval of CRAAdvisory Board Meeting Minutes- May 2, 2019
7. Assignments
A. Pending Assignments
B. Reports on Pending Assignments
C. New Assignments
1. Discussion of CRA Office Lease Terms and Options
8. CRA Board Items for CRAAdvisory Board Review and Recommendations
A. Old Business
B. New Business
9. Future Agenda Items
10. Adjournment
Notice
THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO
AFFORD AN INDIVIDUAL WITHA DISABILITYAN EQUAL OPPORTUNITY TO PARTICIPATE INAND ENJOY THE
BENEFITS OF A SERVICE, PROGRAM OR ACTIVITY CONDUCTED BY THE CRA. PLEASE CONTACT THE
CRA, (561) 737-3256,AT LEAST 48 HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE
CRA TO REASONABLY ACCOMMODATE YOUR REQUEST.
ADDITIONAL AGENDA ITEMS MAY BE ADDED SUBSEQUENT TO THE PUBLICATION OF THE AGENDA ON
THE CRNS WEBSITE. INFORMATION REGARDING ITEMS ADDED TO THE AGENDAAFTER IT IS PUBLISHED
ON THE CRNS WEBSITE CAN BE OBTAINED FROM THE CRA OFFICE.
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COMMU NFTY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM 4.A.
INFORMATION ONLY
SUBJECT:
Financial Report Period Ending June 30, 2019
SUMMARY:
Attached is the Agency's monthly financial and budget report representing the Agency's revenues and
expenses for June 2019 (Attachment 1); Statement of Revenues, Expenditures and Changes in Fund
Balance Report (Attachment 11); and, Budget Comparison Schedule- General Fund (Attachment III).
CRA P LAN/P ROJ ECT/PROGRAM:
2016 Boynton Beach Community Redevelopment Plan and FY2018-2019 CRA Budget
CRAAB RECOMMENDATION:
Information Only
ATTACHMENTS:
Description
D Attachment I - Monthly Financial Report for Period Ending June 30, 2019
o Attachment II -Statement of Revenues, Expenditures and Changes in Fund
Balance Report
D Attachment III - Budget Comparison Schedule
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BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Boynton Beach,Florida)
Statement of Revenues,Expenditures and Changes in Fund Balances
Through Year to Date-June 30,2019
Total
Debt Service Governmental
General Fund Projects Fund Fund Funds
REVENUES
Tax increment revenue 12,549,087 12,549,087
Marina Rent&Fuel Sales 982,221 982,221
Contributions and donations - - - -
Interest and other income 224,858 187,323 10,900 423,081
Total revenues 13,756,165.74 187,322.75 10,900.37 13,954,389
EXPENDITURES
General government 3,835,479 - - 3,835,479
Redevelopment projects - 2,478,414 2,478,414
Debt service: -
Principal - - -
Interest and other charges - - 210,476 210,476
Total expenditures 3,835,479 2,478,414 210,476 6,524,369
Excess(deficiency)of revenues over
expenditures 9,920,687 (2,291,091) (199,576) 7,430,019
OTHER FINANCING SOURCES(USES)
Funds Transfers in - 8,102,303 2,136,465 10,238,768
Funds Transfers out (10,238,768) - - (10,238,768)
Total other financing sources(uses) (10,238,768) 8,102,303 2,136,465 -
Net change in fund balances (318,081.24) 5,811,211.63 1,936,889.10 7,430,019
Fund balances-beginning of year 2,402,302 11,105,679 91,183 13,599,164
Fund balances-end of year 2,084,221 16,916,891 2,028,072 21,029,183
Footnote:
Transfers between funds include monies received from TIF and carryover from general fund balance.
The notes to the basic financial statements are an integral part of this statement.
I
BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Boynton Beach, Florida)
Budgetary Comparison Schedule
General Fund
Through Year to Date - June 30, 2019
Original Budget Final Budget Actual
REVENUES
Tax increment revenue $ 12,421,686 $ 12,421,686 $ 12,549,087
Marina Rent&Fuel Sales 1,000,000.00 1,000,000 982,221
Interest and other income - - 224,858
Other financing sources(uses) - 640,000 -
Total revenues 13,421,686 14,061,686 13,756,166
EXPENDITURES
General government 3,822,918 3,822,918 3,835,479
Total expenditures 3,822,918 3,822,918 3,835,479
Excess of revenues over expenditures 9,598,768 10,238,768 9,920,687
OTHER FINANCING SOURCES(USES)
Carryover fund balance -
Transfers out (9,598,768) (10,238,768) (10,238,768)
Total other financing sources(uses) (9,598,768) (10,238,768) (10,238,768)
Net change in fund balances $ - $ - (318,081)
Fund balances-beginning of year 2,402,302
Fund balances-end of year $ 2,084,221
The notes to the basic financial statements are an integral part of this statement.
1
1 I,
B E AC H C R A
COMMUNITY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM 6.A.
CONSENT
SUBJECT:
Approval of CRA Advisory Board Meeting Minutes - May 2, 2019
SUMMARY:
See attached minutes.
CRAAB RECOMMENDATION:
Approve May 2, 2019 CRA Advisory Board meeting minutes.
ATTACHMENTS:
Description
D May 2, 2019 CRAAB M inutes
MINUTES OF THE CRAADVISORY BOARD MEETING
INTRACOASTAL PARK CLUBHOUSE
2240 N. FEDERAL HIGHWAY
BOYNTON BEACH, FLORIDA 33435
HELD ON THURSDAY, MAY 2, 2019, AT 6:30 P.M.
PRESENT: STAFF:
Linda Cross, Chair Michael Simon, CRA Executive Director
Robert Pollock, Vice Chair Thuy Shutt, CRAAssistant Director
Anthony Barber Theresa Utterback, CRA Dev. Svcs. Mgr.
Thomas Devlin Bonnie Nicklien, Administrative Svcs.
Golene Gordon Sgt. Henry Diehl
Allan Hendricks Lisa Tayar, Prototype, Inc.
Rick Maharajh
1. Call to Order
The meeting was called to order at 6:37 p.m.
2. Roll Call
Roll was called, and it was determined a quorum was present.
3. Agenda Approval
A. Additions, Deletions, Corrections to the Agenda — None
B. Adoption of Agenda
Upon motion duly made and seconded, the Agenda was unanimously approved.
4. Information Only
A. Financial Report Period Ending April 30, 2019 — None
1. No questions.
B. Neighborhood Officer Program 2nd Quarter Report for FY 2018-2019
Sgt. Henry Diehl and Officer Paramore gave a PowerPoint presentation, which
included a Summary of Activities (see attached). Highlights include:
• When the schools went back in session after the holidays, there was a
Law Enforcement Appreciation luncheon.
• Child Mentoring
• Cultural Art Walk
• Sweat with a Cop (every Wednesday)
• Connect to Greatness, targets middle school kids
• Rock the Plaza
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida May 2, 2019
• Read with a Cop (every Wednesday)
• Recognition Plaque
• 100 Days of Dad
• Homework Help at Poinciana
• Community Meetings
• Opportunity Fair at Ezell
• Indoor sports
• Mayor BBQ at Robinson's
• Well's Day Love Fest
• Mayoral Forum
• Cottage District Cleanup
• Bridges Takes Action
• Shop with a Cop, along with fundraising for the program
• Habitat for Humanity Family Orientation
• 4t" and 5t" Grade Writing Breakfast
• Gardening
• Food Bank Deliveries
Mr. Hendricks opened a discussion of bringing in others to engage with the
Police Department who are not otherwise already involved, stressing that the
core group not be lost along the way. Sgt. Diehl stated that all officers are
encouraged to help out when they can; the Chief wants to rotate and train new
officers to have a community-oriented mindset. New officers will be eased into
the activities to encourage familiarity in the community.
Ms. Gordon asked about civilian officers/volunteers; Sgt. Diehl said the
program is all preliminary and explained how his time will now be divided
amongst the Marine, Crime Prevention, and NOP units, resulting in a savings
to the program, which will allow an additional sworn officer along with a
volunteer to be available for the program activities.
Chair Cross expressed thanks to Sgt. Diehl and Officers Paramore and Rivera
for the great job they are doing in the Community, especially when dispatched
to other areas and not just the CRA. Also, hoping community involvement lets
police know when bad things are starting to happen in order to reduce
incidents.
Mr. Pollock also commended the officers for doing a good job and encouraged
the new officers in the program receive sensitivity training for continued
success of the program.
5. Public Comment
• Rev. Bernard Wright, 713 NW 2nd St., commended the Officers Neighborhood
Program, noting that he has been a stakeholder in the program since its
2
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida May 2, 2019
inception. Great tracks have been made in building trust in the Officers
Neighborhood Program within the community.
6. Consent
A. Approval of CRA Advisory Board Meeting Minutes —April 4, 2019
Motion made by Ms. Gordon, seconded by Mr. Devlin, to approve the April 4, 2019,
minutes. In a voice vote, the motion passed unanimously (7-0).
7. Assignments
A. Pending Assignments
1 . None
B. Reports on Pending Assignments
1. None
C. New Assignments
1 . Consideration and Recommendation of the Letter of Intent to Assist in the
Development of Properties Located at 404, 406, 408 and 4150 NW 12th
Avenue from the Palm Beach County Housing Authority
Chair Cross noted on the map on the screen that the lots in red are already
owned by the CRA. This item was discussed at the last CRA Board
meeting. It was noted that the lots in question are very narrow, and
concern was that if nothing is done with them via a letter of intent, they will
sit there indefinitely. Mr. Simon explained the Letter of Intent is a formal
offering. Discussion followed, noting there is not a request for money,
PBCHA has financing. CRA has funding to purchase the lots and
discussions should continue regarding a partnership. The sites are
scattered and there are many properties to manage; however, there will
be restrictions on how PBCHA can dispose of the properties. There was
continued discussion on the 38 properties being considered, where they
are located, how long they were owned (longer than 20 years in some
cases), and how they were acquired. Not all lots are buildable; however,
the City can help with professional assistance. Chair Cross wondered
about the language in the letter for offers of financial assistance or
acquisition, and what might constitute "appropriate" assistance.
Mr. Devlin wondered if PBCHA has a desire to stay in the business of
building and managing; Mr. Simon stated they have to stay in that
business but they do not have to do anything with these particular lots.
Mr. Devlin continued, asking if it is in PBCHA's interest to have City control
or turn them over to Habitat for Humanity or another such group to build
them up for the intended resident population. If CRA is putting money into
it, CRA should become the controlling interest to make sure something
happens. It is not known how stable PBCHA's management (change in
3
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida May 2, 2019
personnel) will be going forward to make sure objectives are continued.
Chair Cross stressed the political factor and rather than offering anything
specific, offer "appropriate assistance," and leave it nebulous by design.
The ongoing approach and intended outcome were then discussed. Mr.
Simon recommended rather than giving money and losing control, have
the CRA be in control, and he followed by reading the letter provided to
the Board. He was not sure there will be a response at all. Five of the lots
are being considered as a test case to start the dialogue. There should
be attention to crafting language that will exist beyond fluctuations in
management staffs going forward. Ms. Gordon added that what type of
housing should be considered, but to otherwise let the project go forward.
Motion made by Mr. Devlin, seconded by Mr. Maharajh, to go forward with the Letter of
Intent. In a voice vote, the motion passed unanimously (7-0).
8. CRA Board Items for CRAAdvisory Board Review and Recommendations
A. Old Business
1. Consideration and Recommendations of the Conceptual Design and
Development Terms for the CRA's MLK Jr. Blvd Redevelopment Project
Chair Cross gave an introduction to the discussion, opening the floor to
public comments; however, there were none.
Mr. Devlin wondered if any of the previous citizen comments were
adopted. Mr. Simon stated Staff is putting together a bullet point list;
nothing has been adopted thus far. Meetings are to gather public
comment; however, not all comments have impact on decision making.
Amenities were discussed, such as weighing out options with the
Developer and finding out what types of businesses the community wants.
Security of the project is important; long term maintenance, and
management history of the developer will be addressed at the next
meeting. Assurances cannot be given until the project is built. Points for
amenities and services to be considered, whether or not they can be
included in the contract, were further discussed. It was noted that nothing
should be done to discourage businesses and services (such as medical
offices and grocery markets) from participating.
Ms. Gordon's take from the many meetings she has attended are
concerns that nothing was concrete as far as the pricing, the requirements,
and that there has been a lot of talk and no actions. The public wants to
see more concrete action and not just a long series of meetings, in other
words, what's going to happen, if it's going to happen, when it's going to
happen, and how it's going to happen for real. The community wants to
know that their opinions are being considered.
4
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida May 2, 2019
Mr. Devlin's input was regarding the contract, how much it will cost, and if
this project will be the result of taking advantage of funding opportunities.
The end result should be the project continuing to move forward.
Rent rates were then discussed, it was noted these are set by law (on a
chart that has been presented at every meeting). Mr. Simon summarized
that the meetings are being held to let the public know what is being built;
that the intent of the CRA is to encourage an affordable housing project; a
request of funding to charge certain rents, the eligibility requirements, and
so on. The developer has to begin the process of income eligibility
verifications. Also noted is that annual eligibility inspections will be made.
Chair Cross stressed the point that the CRA is trying to do something for
the community by making sure that the community wants it. But the
community wants to make sure this will not be another "Boynton Terrace."
The public is skeptical; but there are really very few unknowns with this
developer, who was chosen mostly due to experience and the due
diligence the CRA staff has given to the project. Further general
discussion followed. Mr. Simon summarized that not all possibilities have
been exhausted; the developer will not purchase any properties until under
contract; other properties suggested are not under contract, with some
properties still only conceptually in the plans. What is needed now is
gaining the public's trust on how the project will look in ten years.
In a closing comment from the floor, Rev. Wright encouraged that people
quit looking negatively at the people to be served in this community, gave
an overview of the history of the neighborhood, and asked to instead look
at the culture this project could promote.
B. New Business
1. Consideration and Recommendations of Purchase for the Property
Located at 417 N. Federal Highway
Chair Cross ascertained that $210,000 is the appraised value of 15% of
an acre. It does not appear that this building is one that the CRA would
want to keep, or will it become parking? Mr. Simon said it will be
purchased through tax deed sales, the initial offer would be $21,253.
There is another property in same complex, the location is too vital to
ignore. It is adjacent to City property on Federal Highway. General
discussion followed regarding adjoining and nearby properties. Twenty
percent over appraisal will be considered.
Motion made by Mr. Barber, seconded by Mr. Gordon, to recommend to CRA Board to
max/cap the purchase not to exceed $252,000. In a voice vote, the motion passed
unanimously (7-0).
5
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida May 2, 2019
9. Future Agenda Items - None
10. Adjournment
Upon motion duly made and seconded, the meeting was adjourned at 8:11 p.m.
Attachments: Power Point Neighborhood Officer Program Report,
2nd Quarter FY 2018-2019
[Minutes transcribed by M. Moore, Prototype, Inc.]
6
d
BEACK�,,,,,,CRA
OWN=
COMMU N FTY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM C.1.
NEWASSIGNMENTS
SUBJECT:
Discussion of CRA Office Lease Terms and Options
SUMMARY:
At the June 11th meeting, the CRA Board briefly discussed the status of the Agency's current
lease agreement for our office space located at 710 N. Federal Highway. The CRA Board voted
on a new assignment for the CRA Advisory Board to review the terms of the current lease
agreement and provide their recommendation(s) concerning the potential renewal, costs,
relocation options, etc.
Under the terms of the agreement, the CRA entered into a ten (10) year, triple net lease which
includes the base rent, property taxes, insurance and maintenance costs with a 4% annual
increase in base rent. The CRA is currently occupying year eight (8) of the lease term and lease
agreement will terminate on September 30, 2020 unless renewed (see Attachment 1).
Currently, the CRA is paying a total monthly rent of $6,220.43, for an annual total $74,645.16 (see
Attachment 11). The lease agreement provides the Agency with an option to terminate the lease
early and includes an estimated financial penalty/cost in year nine of $41,952 (40% of the monthly
rent) and estimated financial penalty/cost of$21,821 (21% of the monthly rent) in year ten.
With the approval of the Town Square Project and the construction of a new City Hall/Library
building, CRA and City staff have been working with the project design team provided by the
master developer, E2L, on interior floor plans and space needs. As of today, included in these
designs is approximately 3,000 square feet of office space on the fourth floor for the CRA which
could be utilized by another City Department if the Agency decided not to occupy the space.
In addition to the space described above in the new City Hall/Library building, the CRA currently
owns the Historic Woman's Club of Boynton Beach which could provide office space within the
western portion of the first floor without prohibiting rental of the rest of the building as well as the 211
E. Ocean Avenue property that could be incorporated with larger redevelopment project to include
office space for the CRA.
FISCAL IMPACT:
To be determined.
CRA PLAN/PROJECT/PROGRAM:
2016 Boynton Beach Community Redevelopment Plan
CRAAB RECOMMENDATION:
To be determined based on Board's discussion.
ATTACHMENTS:
Description
D Attachment I - Lease Agreement, 710 N. Federal Highway
D Attachment II -Summary of Lease Costs
CON MERC)lAL LEASE
This Lease Agreement is made and entered into as of this 4�4of September 2010,
by and between 710 Boynton Partners, a Florida limited liability company, located at 105 East
Palmetto Park Road, Boca Raton, Florida 33432, hereinafter "LESSOR" and Boynton Beach
Community Redevelopment Agency located at 710 North Federal Highway, Boynton Beach,
Florida 33435, hereinafter "LESSEE". LESSEE hereby offers to lease from LESSOR the
premises situated in the City of Boynton Beach, Florida, County of Palm Beach, State of Florida,
described as 710 North Federal Highway, Boynton Beach, Florida, 33435, together with all
buildings, improvements and appurtenances located thereabout,thereon or therein.
. DEMISE LESSOR, for and in consideration of the rents hereinafter reserved, and the
terms, conditions, covenants and provisions contained in this Lease, hereby leases to LESSEE,
and the LESSEE hereby takes and hires from the LESSOR, subject to the terms and conditions
contained in this Lease, the Premises, together with any and all rights, privileges, and easements
benefiting,belonging or pertaining thereto.
2. TERM The Term of this Lease shall be ten(10)years.
3. LEASE COMMENCEMENT DATE The term of this Lease shall commence upon the
Effective Date(the date upon which both LESSOR and LESSEE execute the Lease).
4. RENT The payment of rent shall commence upon the date of completion of the
building renovations, as outlined in Exhibit "A" and Exhibit "B", and the issuance of a
Certificate of Occupancy by the City of Boynton Beach. LESSOR shall provide notice to
LESSEE as to the completion of the building renovations and the issuance of the Certificate of
Occupancy. Rent shall commence on the first day of the month following this notice. LESSEE
agrees to pay to LESSOR the Base Rent plus increases, Expenses (as hereinafter defined) and
applicable sales tax, (hereinafter "Rent"). Rent shaIl be as set forth below for the said Premises,
without offset or deductions, and without previous demand therefor, said rent payable monthly
on the first day of each and every month:
1" Year of Lease Term: $4,608.00 per month base rent plus $1,658.88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $6,266.88
plus sales tax, if applicable.
2nd Year of Lease Term: $4,792.32 per month base rent plus $1,658.88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $6,451.20
plus sales tax,if applicable.
3rd Year of Lease Term: $4,984.01 per month base rent plus $1,658.88 estimated
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Expenses (real estate tax, maintenance and insurance) which aresubject to change = $6,64189
plus sales tax,if applicable..
4d' Year of Lease Term $5,183 37 per month base rent plus $1,658.88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $6,842.25
plus sales tax, if'applicable.
5d' Yeah of Lease Terns, $5,390.71 per month base rent plus $1,658,88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject,to change= $7,049.59
plus sales tax,if applicable.
6d' Year of Lease Term- $5,606.34 per month base rent plus $1,658.88 estimated
Expenses (real estate tart, maintenance and insurance) which are subject to change = $7,`65.22
plus sales tax, if applicable.
7d' Year of Lease Term. $5,830.59 per month base rent plus $1,658,88 estimated
Expenses (real estate tax, maintenance and insurance which is subject to change) = $7.489.47
plus sales tax, if applicable:
8' Year of Lease Term: $£,063.81 per month base rent plus $1,658.88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $7,7221-69
plus sales tax, if applicable.
9d' Year of Lease Term- $6,306.37 per month base rent plus $1,658,88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $7,965.25
plus sales tax,if applicable.
lUt'' Year of Lease Term. $6,558:62 per month base rent plus $1,658-88 estimated
Expenses (real estate tax, maintenance and insurance) which are subject to change = $8,217.50
plus sales tax, if applicable.
All Rent (defined as Base Rent as set forth above plus Expenses as defined below)
required under this Lease shall be paid by automatic monthly bank transfer to LESSOR's bank
account. If any payment of Rent is not received by the LESSOR within seven (7) days of its due
date, LESSEE shall pay to LESSOR a late fee equal to five percent (5%) of the outstanding
balance due LESSOR. The late payments shall be paid for each rental payment not received by
the LESSOR within ten(.10)days of its due date..
5. RULES AND REGULATIONS LESSEE, at its own cost and expense, shall properly
observe and comply with all present and future laws, ordinances, codes, requirements, orders,
directives, rules and regulations of all governmental authorities affecting the LESSEE's use of
the Premises, including but not limited to making non-structural modifications to the Premises to
comply with any state or federal laws or regulations affecting the accessibility of the Premises
for disabled persons. LESSEE shall also comply with any and all reasonable rules and
regulations imposed by LESSOR.
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6. RISK.OF LOSS All personal property placed or moved into the Premises shall be at the
risk of LESSEE or of the owner of such property, and LESSOR shall not be liable for any
damage to said personal property, or to LESSEE, arising from the bursting or leaking of water
pipes, or from any act of negligence of any LESSEE or occupants of the building, or of any other
person whomsoever. It is further agreed that LESSOR shall not be liable for any damage or
injury by-water which may be sustained by LESSEE or other person,or for any ether damage or
injury resulting from the carelessness, negligence or improper conduct on the part of any person
whomsoever, or by reason of the breakage, leakage or obstruction of the water, sewer or soil
pipes, or other leakage in or about said building:
7. SECURITY Upon execution of this Lease, LESSEE shall deposit with LESSOR Six,
Thousand Two Hundred and sixty six and 881100 Dollars ($6,266.88) representing a security
deposit that LESSOR is to retain as security for the faithful performance of all the terms and
conditions of this Lease. LESSOR shall not be obligated to apply the security deposit on rents or
other charges in arrears. or in damages for failure to perform the terms and conditions of this
Lease. Application of the security deposit to the arrears of Rent payments or damages shall be at
the sole option of the LESSOR, and the right to possession of the Premises by the LESSOR for
non-payment of Rent or for any other reason shall not in any event be affected by the security
deposit: The security deposit is to be returned to LESSEE if the LESSEE has timely paid rent
for a period of thirty-six(36)months or,if rent has not been timely paid in the first thirty-six(36)
month, when this Lease is terminated, according to the terms of this Lease, if not otherwise
applied by reason of any breach of the terns and conditions of this Lease by LESSEE. LESSEE
expressly acknowledges that LESSEE shall not have the right to apply the security deposit to
Rent. In no event is the security deposit to be returned until LESSEE has vacated the Premises
and delivered possession to the LESSOR. In the event the LESSOR repossesses the Premises
because: of the default of'the LESSEE or because of the failure by the LESSEE to carry out the
terms and conditions of this Lease, LESSOR may apply the security deposit to all damages
suffered as of the day of repossession and may retain the balance of the security deposit to apply
to damages that may accrue or be suffered thereafter by reason of a default or breach of the
LESSEE. LESSOR shall not be obligated to hold the security deposit in a separate fund, but
may mix the security deposit with othex funds of the LESSOR„ and LESSOR shall not be
obligated to pay interest to LESSEE on the security deposit or advanced rental.
LESSOR also acknowledges receipt of the fust month's rent in the amount of Six
Thousand Two Hundred and sixty sik and 8,8/100 Dollars ($0,266.88 )..
8. LESSEE'S TAXES AND LrTILITY EXPENSES During the Term of this Lease..
LESSEE shall pay, before the same shall become delinquent, all personal property taxes, sales
taxes, and such other taxes,if applicable,as may be payable by reason of operation of LESSEE's
business. During the Term of this Lease, LESSEE shall pay, before the same shall become
delinquent, all charges for utilities and similar services furnished to the Premises for the
occupants thereof. LESSOR and LESSEE shall work cooperatively to seek reduction or
exemption of taxes applicable to real or personal property,when such reduction is determined by
the LESSOR or LESSEE to be in the public interest,.
9:: EXPENSES LESSEE shall pay, as additional Rent and with the monthly Base Rent
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payments, aft expenses listed to e annual estimated Ex e s shall be calculated by
LESSOR and paid y LESSEE on a monthly basis(one-twelfth per .
Expenses shall include, limited SC} 's cost of e Property,
including t not limited , operafing,managin& equipping,policing, lighting.
landscaping, licenses, ees,permits,repmrs, and replacements neemary to maintain
the Property in the e condition as whene to LESSEE.
It is agreed by the Parties that LESSEE shall be responsiblefor all applicable Real Estate
Taxes,regular or special,for,the entire parcel of property located at 710 North ,
Boynton c ,Flonda.33435.
Real estate taxes shall be paid to LESSOR on a montlily basis with the rent in an amount
equal to 111' of the estimated annual real estate property tax. Any deficiency m the monthly
amount paid for real estate taxes shall be paid in full upon receipt ofthe current y 's tax bill.
LESSEE is responsible for maintenance, except at set forth in Paragraph 1 , of the property
including ut not limited to, operating, , equipping, policing,protecting, lighting, trash
removal, 1 c i t licenses, fbes, permits, repairs,and replacements necessary to maintain
e Property in the same con °tion as when demisedto LESSEE. LESSOR will provide
LESSEE with a schedule of Expenseswith supporting ocu taio on an annual basis and
Expenses and monthly'rentalwill be adjusted accordingly-
10: e Premises shall be used to house the administrative offices f
e Boynton Beachv o a cy and for no other purposes whatsoever,
LESSEE shall be permittedto utilize the parking lot foro oo seating or events w per City
The Premises shall be at all flines properlylicensed operated as se# forth above.
LESSEE recognizes that it is important to LESSOR to keep the use of the subjectset
herein,forth i ly, any changeotermination of the use of shall
consideredt under the Lease and LESSOR shall be entitled to all remediesprovided
for herein. acknowledges # LESSOR has made no representation to LESSEE to
LESSEE',q use of the Premises and LESSEE confirms and acknowledges
its own investgation.concerningL&S SEFs ube of the Premi=-
LESSEE1 not use or occupy,nor permit or suffer the Premises, the Property, r any
part thereof to be used r occupied for any unlawful or illegal business, use or purpose, nor
violationany way in of any present or Rd= governmentallaws, orchnances,
directives,rules or regulations.
1 . ACCESS, TO THE PREMSES During all reasonableS 's
agents1 have the right but not the obligation, o enter upon the Premises to examine same,to
exhibit `s to prospective lessees and during the last ISO days of the term of ` Lease
or any renewal thereof, exhibit the Promises to prospective lessees,
as may be required of the LESSOR under the terms of this Lease. LESSOR agrees not to
unreasonably t e operation of -SSEE's business, LESSOR shall have the"'ght to
as " or. f' sign the maximum size o ' which will be displayedon the store front
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window during e last one hundred eighty (1days of the term of the Lease or any renewal
thereof
12. MQVATIONS and REPAIRS LESSOR shall use its General Contractorto complete
the renovations and repairs t forth in Exhibit "A7 and Exhibit 11131, hereto. LESSOR
responsibleshall be or the payment of I costs associatedcompletion of the
renovationsit "A". sible for the payment of
costsall 1reziovaticas set„ forthin Exhibit 111311, i 30 days
of the execution of this Lease Agreement,LESSEE shall provide sealed architectural plans ready
for permitting for the ' t forth in Exhibit`B"to LESSOR. Upon submission of
payment requisition by Lessor's General Contractoi, LESSEE shall, within 15 days thereafter,
remit' payment to LESSOWs General Contractor for an amount sufficient t cover
said renovations.
13. ALTERATIONS BY LESSEE LESSEE may install at its expensesuch
improvements, s s in the Premises, beyond thase contemplated it " "
and M that LESSEE deems necessary and desirable, subject to applicable codes and regulations.
However, l not, without first obtainingconsent of LESSOR, make any
alterations., additions or improvements i , to or about the leased ises. 's consent
shall not be unreasonably withheld. All work er o e n the leased premises shall be done by
LESSOR's General Contractor, All renovationor shall be propeily permitted with the City of
Boynton Beach shall comply with all City, County, State and Federal govermnental laws',
ordinances,requirements, orders, directives,rules or regulations.
14. REPAIRR LESSOR ll perform necessaryrepairs to the roof and exterior
structure of the leased premises, LESSOR 1 have no liability x failure to perform this
obliption to repair unless the LESSEE shall have first giveneLESSOR of the
need or such iepairs: and a reasonable amountof time to conduct such repairs. LESSOR
perform necessary repairs electrical , cxcept repairs relatingto the interior .
space.
Upon LESSEE talung possession and co1 .o t forth
Exhibit --x,, LESSEE acknowledges that the prermses, both intenor and exterior, are ml good
equipmentcondition and that all fixtures, and appurtenances are in good worldngorder, and
agrees to maintain the interior and exterior Premises Mi the same condition, order and repair as
they- are at the comniencement of this Lease, and agrees to maintain and make all repairs and
replacements '
condition, or Premises necessary to preserve them in good order and
which maintenatice, is made by LESSEE shall be performed by
licensed o i class e original work, LESSEE shall
promptly pay the expense of any such maintenance and repairs or replacement. LESSEE further
agrees to repau, replace and maintain 'in good and safe condition the electrical, I
and 'heatinglair-conchtiorung equipment and any other equipment upon the demised
shall surrender the same, at tion. e good condition. normal
, o demised premises, as required
herein, LESSOR may or- repair as it deemsappropriate
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recover such costs from LESSEE within ten (10) days of presenting written documentation of
such repair and/or maintenance costs.
15. INSURANCE Without waiving the right to sovereign immunity as provided by
Section 768.28. Florida Statutes, during the term of this Lease, the LESSEE shall obtain, at
LESSEE's expense, general liability insurance, satisfactory to LESSOR, issued oz endorsed to
insure the LESSOR and any mortgagees from and against any and all claims, sums, actions,
damages and/m causes of action arising during the term of this Lease for any personal injury,
loss of life and/or damage to property sustained in and about the Premises, by reason of or as a
result of LESSEE's occupancy of the Premises, and from and against any order, judgments
and/or decrees which may be entered thereon, and from and against all costs, attorneys' fees,
expenses and liabilities incurred in and about the defense of any such claim and the investigation
thereof, for an amount not less than One Million Dollars ($1,000,000) for bodily injury and
liability and for an amount not less than Fifty Thousand (:$50,000) for property damage. Such
insurance shall name.the LESSOR and any mortgagees as narried insured as the LESSOR's and
any mortgagee's interests may appear. The insurance policy shall be issued by an insurance
company satisfactory to the LESSOR,
1n addition, LESSEE shall obtain, at LESSEE's expense, fire and extended insurance
coverage in amounts acceptable to LESSOR covering all fixtures, equipment, improvements and
goods located in or on the Premises.
The LESSEE shall deliver to the LESSOR these insurance policies or copies or
certificates thereof immediately upon commencement of the Lease and annually thereafter, upon
renewal of the policies, to assure the LESSOR and any mortgagees that the coverage afforded by
the policies is being maintained continuously by the LESSEE and that the premiums therefor had
been paid by the LESSEE. LESSEE shall also immediately deliver to the LESSOR any notices
of termination of insurance coverage. LESSEE shall cause its insurer(s) to provide LESSOR
thirty day='s written advance notice of any cancellation of coverage.
LESSOR shall obtain, at LESSEE's expense, casualty and liability insurance coverages
in amounts satisfactory 1.o LESSOR, including coverage for fire, wind, flood and extended
coverage to cover the cost of repair or replacement of the demises/Premises.
16, SUBORDINATION This Lease shall be subject and subordinate to any mortgage that
now encumbers or affects the Property or that the LESSOR or any subsequent owners of the
Property, may hereafter at any time elect to place on the Premises, including but not limited to a
purchase money mortgage which may be held by LESSOR as, a seller, and to all advances,
extensions, or modifications already made or that may be hereafter made on account of any such
mortgage, to the full extent of the principal sum secured thereby and issued thereon
Furthermore, LESSEE shall, iron request, execute any paper or papers that LESSOR'& counsel
may deem necessary to accomplish, such subordination of LESSEE'S interest in this Lease, in
default of which LESSOR is hereby appointed as LESSEE's attorney-in-fact to execute such
paper or papers in the name of LESSEE and as the act and deed of LESSEE, and this authority is
hereby declared to be coupled with an interest and irrevocable.
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17. ASSIGNMENTshall not assign this Lease, or otherwise
transfer any interest in this Lease, without the prior written consent of the LESSOR,
consent shall not be unreasonablywithheld. No consent to an assigament or sublease shall
release LESSEE from any obligationsthis
shallLESSEE not sublet portions of the Premiseswithout Sprior written
whicht be unreasonablyI . if a subleaseis permitted
LESSEE agrees to finifish LESSOR with a photostatic copy of each sublease e for space i
the Premises.
pledgeLESSEE shall not hypothecate, transfer, or otherwise encumber is Lease or
LESSEFs right hemunder norl LESSEE permit any such encumbrance. Any attempt at
assignment, sublease, pledge, transfer or encumbrance of this Lease without the prior written
consent of LESSOR shall be null and void,and a default unders Lease.
LESSEE shall and doesre indemnify and agree to hold LESSOR haffnlessfrom-any
and 1 liabilities, claims, and causes of action r any terms and conditions of this
Lease and every sublease, license or concessionagreement, unless suchii ' s, claims and
causes of action arise by reason of a default or breach by LESSOR, or the gross negligent
conduct r activity of LESSOR, its agents or employees, under tlus Lease.
If all or any part of the Premises shall be sublet or occupied by anyone other than
LESSEE, LESSOR may, after default by LESSEE, collect sub-rent from any and all sub-lessees
or occupants, apply the net amount collected to the .net annual rent reserved herein, o
such collectionshall be, or be deemed to be, a waiver of any agreement, term, covenant or
condition s Lease or the acceptance by LESSOR of any sub-lessee or occupant as LESSEE,
r a release of LESSEE from performance by LESSEE of its obligations under this Lease.
To secure e prompt and fifll payment by LESSEE of All Rent reserved in Ws Lease and
the fmthfbl performance y LESSEE of a the other terms and conditionsi on its
part to be t and performed, LESSEE hereby assigns, tranders and sets over unto
subjecta 1 of LESSEEsright,title and`interest
sublwm that may hereafter be made and in and to all concess.ion agreements hereafter made
affecting any pat of the Premises.
Assignment or sublease to mother governmentalor to a not for profit entty that
provides services to the general public is presumptively approved by LESSOR.
.. addition to LESSOR
specifically providedmi this Lease,LESSEE shall indemnify and save harmless LESSOR against
and from all ` . . s, suits, , fines, damages, penalties, claims, scharges
and expenses, including 0 1 architects' e s' fees by or on behalf of y person
whichor asserted agairrst LESSOR by reason of the use
and/or occupancy of the Premises y pad thereot or any surrounding areas, by LESSEE or
LESSEE's agents, contractors, , employees, li or invitees a term of this
s indemnification shall specifically to to but shall not be limited loss or
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arisingdamage out of environmentalor contamination.
The provisions of this Articleprovisions 1 otherindemnity provisions
elsewhere contained in this Lease shall surviveexpiration or earlieri of this Lease
or events occurring prior ` termination.
shallLESSOR not ' y event whatsoever be liable for any injury or damage to any
personal property or to any person happening on, in or about the building being leased, whether
belonging to LESSEE r any other person, caused y any fire, breakage, 1 a or bad
condition in any part r portion of the Premises, howsoever caused unless such injury or damage
is caused by the gross negligenceof the LESSOP, its agents or employees, or a breachor defitult
by LESSOR f its obligations `s Lease.
shall,LESSEE at its own cost , if y LESSOR, defend
suitsr actions Oust or unjust) which may be brought against LESSOR or in 'cLESSOR
may be impleaded math others upon any such above-mentoned.matters,claun or claims In such
event, LESSOR agwes to cooperate and assistcounsel in ro
documentation, 1 eci io s and any other ais or documents which may be
reasonably required y LE or order to defend such suit or achons.
In addition to the foregoing, LESSEE shall pay to the LESSOR1 costs and expenses, including
reasonable attorneys' fees (.including costs, expenses and attorneys' fees in any appellate
proceedings), incurred y LESSOR M.any action or proceeding to which y be made
a party by reason of any act or omission of the LESSEE.
9. RESTRICTION AGAINSTCONSTRUCTION LIEN Neither LESSEE not anyone
claimingy, through or undei LESSEE, shall have any night to file or place any ' n of any kind
or character whatsoever on the propertynotice is hereby giveno contractor,
subcontractor, or anyone else that may fumish any material, service or labor to the property at
any fime shall be or become entitled to any lien thereon whatsoever. or the ffirther security o
LESSOR, LESSEE shall give actual notice of this restriction
contractors, subcontractors, oro r , firms, or corporations that may furnish anysc
material, service, or labor.
if such lien is filed against I ESSOR!s interest on the Property, LESSEEshall cause such
lien to be releasedof record or bonded o (15) days 's knowledge o
such lien.
2 . CONDEMNATION
& If at any time during the term of this Lease, the wholeor materially all of the
Premises shall be taken for any public or quasi-publicpurpose by any lawful power or authonty
by the exercise of the right of condemnation or enimwt domain or by agreement between
LESSOR, LESSEE and those authorized to exercise such e e terin hereby
granted, y rights of rtmewal hereofrenewal tems hereof, shall ternili nate and expireo
the date f such taking and the rent and other sum or sums of money and others herein
reserved and provided to be paid by the LESSEE shall be apportioned and paid to the date, o
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suchtaking.
b. For tins part the term "materially all of the Premises" shall be deemed to mean
such portion of the Premises, as when so taken,would leave remaining a balance of the Premises
which,due either to the area so taken or the location of the part so taken in relation tD the part not
so taken, would not allow the LESSEE to continue its business operations, or would not under
economic conditions, zoning laws or building regulations then existing or prevailing, readily
accommodate a new building or buildings of a nature similar to the building or buildings existing
upon the Land at the to of such taking and of floor area sufficient, together with buildings not
taken 'in the condemnation, to operate LESSEE's business, taking into account all reasonable
parking requirements.
C. For the purpose of this Article, the Premises or part thereof, as the cam may be,
shall be deemed to have been taken or condemned on the date on is actual possession of the
Premises or a part thereof, as the case may be, is acquired by any lawfW power or authority or
the date on which title vests therein,whichever is earlier.
d. It is Amber understood and agreed that if at any time during the Term of this
Lease the Premises or the Property or the improvements or buildings located thereon, or any
portion thereof, be taken or appropriated, or condemned by reason of eminent domain, the entire
award shall be the property of the LESSOR and in no event shall LESSEE receive any portion of
any award made to LESSOR. LESSEE shall vete right to make a separate claim for its own
dmages,
e-, In the event less than materially all of the Premises shall be taken by
governmental authority,then-,
I if the portion so taken does not affect the operation of LESSEEs business,
%en this Lease shall continue in full force and effect.
the event the portion of the Premises are taken so that LESSEE is able
to continue to operate its business, but the operation of such business is reduced by reason of
such taking, then the Base Rent shall be reduced proportionately by the same percentage as the
square footage of the Premises winch have been taken by governmental authority bears to the
to square footage of the Premises prior to such taking.
21, DESTRUCTION OF PREWSES
& In the event the cn&e Premises or materially all of the Premises are destroyed by
Em or other casualty, LESSOR shall have the option of terminating this Lease or of rebuilding
the Premises and shall give written notice of such election to the LESSEE within thirty(30)days
after the date of such casualty. In the event LESSOR elects to rebuild the Prenihies,the Premises
shall be restored to its former condition within a reasonable tune,during which the rent due from
LESSEE to LESSOR hereunder shall abate. In the event LESSOR elects to terminate this Lease,
Rent shall be paid only to the date of such casualty, and the term of this Lease shall expire as of
the date of such casualty and shall be of no fin-ther force and effect and LESSOR shall be entitled
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to sole possession of the Premises. LE SSEE shall have the option to terminate this lease if fire or
casualty results in the LESSEE being unable to occupy the premises for LESSEE's customary
activities for more than eight( onths.
b. For this part, the term "materially a of the Premises" shall be deemed to mean
such portion of the Premises, as when so destroyed, would leave remaining a balance of the
Premises which due to the amount of area destroyed or the location of the part so destroyed in
relation to the part left undamaged would not allow the LESSEE to continue its business
operations.
CIn the event of a partial destruction which is not materially all of the Premises,the
Base Rent shall proportionately abate based upon the square footage of the Premises remaining
undamaged and LESSOR shall repair the damage.
d. Notwithstanding the foregoing, if the damage or destruction is as a result of the
action or inaction of LESSEE or LESSEEs employees, orae , invitees, or as a result of
LESSEE not fulfilling all of its obligations under this Lease, no Rent shall abate and LESSEE
shall make all necessary repairs.
22. QUIET ENJOYMENT LESSEE, upon paying the Rent and all other sums and
charges to be paid by it as,herein provided, and observing and keeping all covenants, warranties,
agreements and conditions of this Lease on its part to be kept, shall quietly have and enjoy the
Premises during the to of this Lease, out hindrance or molestation by LESSOR.
23, DEFAULTS Each of the following events shall be an "Event of Default"hereunder-
a. Failure of LESSEE, to pay any installment of Rent or any part thereof, or any
other payments of money.,costs or expenses herein agreed to be paid byLESSE E,when due.
b. Failure to o or perfbrm on one or more of the other terms, conditions,
covenants or agreements of tins Lease and the continuance of such failure for a period of fifteen
(1 5) days after written notice by LESSOR specifying such failure (unless such faure requires
work to be performed, acts to be done or conditions to be improved, as the case may be, within
such fifteen (15) day period, in which case no default shall be deemed to exist so long as
LESSEE shall have commenced curing the same within such 15 day period, and shall diligently
and continuously prosecute the same to completion).
C. Ifthis Lem or the estate of LESSFE hereunder shall be transferred to or assigned
to or subleased to or shall pass to any person or puty,except 'in a manner herein permitted.
d. If a levy under execution or attachment shall be made against LESSEE or its
property and such execution or ankliment shall not be vacated or removed by court order,
bonding or otherwise within a period of diirty(30) days.
e. A rejection of the Lease by a trustee in bankruptcy appointed in connection with
the bankruptcy of the LESSEE.
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L A failure to vacate the Premises upon termination of the Lease.
No payment by LESSEE or receipt by LESSOR of an amount is thaii the required
payment set forth in the Lease, shall be considered as anything other than a partial payment of
the amount due. No endorsement or statement to the conbwy on any check shall be deemed an
accord and satisfaction. LESSOR may accept a partial payment without prejudicing LESSOR!s
right to recover the balance of s=h payment which is still due, and without affecting my other
remedies,available to LESSOR.
24. 'REMEDIES Upon an "Event of Default!' as defined above, LESSOR at its option shall
have the following non-exclusive remedies in addition to those provided by law:
a. LESSOR may treat the Lease as terminated whereupon the right of LESSEE to
the possession of the Premises shall immediately ten-ninate, and the mere retention or possession
thereafter by LESSEE shall constitute a forcible detainer.
b. LESSOR may terminate LESSEE's right of possession,without the termination of
this Lease,in which event LESSOR shall have the right to re-let the Premises as the agent for the
LESSEE and to
of the LESSEE responsible for any deficiency between the amount of Rent
realized from such re-letting, including but not limited to renovation and repair expenses,
Brokerage Expenses, and the amount which would have been payable by LESSEE under the
terms of this Lease. No m-en try or repossession by the LESSOR shall serve to terminate this
Lease,unless the LESSOR so elects in writing,nor shall it release LESSEE ftom any liability for
the payment of any Rent stipulated to be paid pursuant to this Lease or for the performance or
fulfillment of any other term or condition provided herein.
c LESSOR may declare all the installments of Rent for the whole term of this Lease
to be immediately due and payable at once without finther demand, in which event all sums
payable to the LESSOR shall bear interest from the date of defAult at the highest rate permitted
by law.
d, LESSOR shall have the right to take no immediate action and to of the LES-SEE
responsible for the Rent as it becomes due.
e. Any Base Rent which was abated or waived by LESSOR shall also be
immediately due and payable by LESSEE to LESSOR.
t In the event of a holdover by LESSEE after the to-mmation of this Lease,
LESSOR shall have the right to collect double the amount of Base Rent, In addition, LESSEE
shall be responsible for any cost or expenses incurred by LESSOR as a result of such holdover,
including but not limited to any damage incurred by LESSOR as a result of LESSOR!s inability
to make the premises available to a new IESSEE.
25. ATTORNEYS'FEES In the event of any litigation arising out of this Lease, the Losing
Party shall pay to the Prevailing Party all costs and expenses,including reasonable attorneys'fees
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(including appellate proceedings) which the Prevailing Party may incur:
26. CERTIFICATES Either party shall, without charge. at any time and from time to time.
hereafter as may be commercially reasonable, within fifteen(15) days after written request of"the
other, certify by written instrument duly executed and acknowledged to any mortgagee or
purchaser, or proposed mortgagee or proposed purchaser, or any other person, firm or
corporation specified in such request.
a. As to whether this Lease has been supplemented or amended, and if so, the
substance and manner of such:supplement or amendment,
b. As to the validity and force and effect of this Lease, in accordance with its tenor
as then constituted, and
C. As to any other matters as may reasonably be so requested.
Any such certificate may be relied upon by the party requesting it and any other person,
firm or corporation to whom the same may be exhibited of delivered, and the contents of such
certificate shall be binding on the party executing same,
Should any banking institution, savings and loan association or other institutional lender
to whom LESSOR is applying for a loan which, if granted, would make such lender a LESSOR's
mortgagee, request reasonable modification in this Lease, the effect of which would not make a
change in the rental or other economic terms of this Lease or increase LESSEE's expenses or the
risk to which LESSEE is exposed, LESSEE agrees that it shall not unreasonably withhold its
agreement to such modification.
27. RADON GAS Radon is a naturally occurring radioactive gas that when it has
accumulated in a building in sufficient quantities may present health risks to persons who are
exposed to it over time. Levels of radon that exceed federal and state guidelines have been found
in buildings in Florida. Additional information regarding radon and radon testing may be
obtained from your county public health unit.
28. STORMS LESSEE agrees to exercise reasonable care to protect the Premises and
Property in the event a public warning .should be issued that the Premises are threatened by a
hurricane,tornado or storm of similar magnitude_
24. LESSOR'S RIGHT TO PERFORM LESSEE'S COVENANTS If LESSEE shall at any
time fail to snake any payments in accordance with the pro-6sions hereof, or to take out,pay for,
maintain or deliver any of the insurance policies provided for herein, or shall fail to make any
other payment or perform any other act on its part to be made or performed,then LESSOR, after
thirty(30) days notice to LESSEE (without notice in case of an emergency) and without waiving
or releasing LESSEE from any obligation of LESSEE contained in this Lease,.may (but is under
no obligation to)
a� Pay any amount payable by LESSEE pursuant to the provisions hereof, or
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b. Make any othert or perfbrm any other act on LESSEFsto be made
r performed as provided 's Lease, and may enter upon the Premises for that purpose and
take all such action thereon as may be necessary therefor.
All s o paid by LESSOR and all , expenses incurredLESSOR
connection with e performance of any such act, shall bear interest at the highest rte allowed
by law.
30. NOTICE Any notice, designation, consent, approvalor other conitnunication
or permitted to be given pursuant to the pro-visions of this Agreementi be givenin writing
and shall be sent by registered or certified 'l, postage prepaid, return receipt
addressedsses set forthe first page of this Lease. Notice may also be given
hand-delivery.
Either 'ce given in accordanceprovisions in this section,
designatey further or diff-erent address to which subsequent notices, designations, ,
approvals ora `o t to the provisionsof this Agreement shall be sent.
Any notice, designation, consent,approval or other communication shall be depositedin any post
office or official depositoryf the Uniteds Postal Ser%riceto of Florida.
1. HAZARDQUS __------ E shall not knowingly cause or permit any
hazardousi be brought upon, kept, or used in or about the Premises by LESSEE, its
agents, e loye , contractors or invitees. If the Premises me, through L 's fault,
contaminated by hazardous materials, l indemnify, nhold LESSOR
harmless from y and all claims,J , fines, costs,liabilities or losses
(including without limitation, on in value or useable space or of any amenity of the
Premi*1, damages arising fromy adverse impact on marketingof space, and sums paid in
settlement of claims, attorneys fees, consultants fees and expert f (including y s)
whiche lease term as a result of .
This indemnification by LESSEE includes, without limitation, costs incurred
connectiony investigation f site conditions or any clean u , remediation, removal
restoration work required by any federal, state of local governmentagency or political
subdivision because of hazardous materialreset in the soil or ground water on or under the
Premises. limiting the foregoing, if the presence of any hazardous material on the
Premises is detected, LESSEE shall promptly take all actions at its sole expense as are necessary
conditionto return the Premises to the existing prior to the corltamination or introductionof c
hazardous material to the Premises; ev L 's approval of such actions
shall first be obtaitied, whichshall not be utireasonablyiel , so long as such
actions would of potentially have any material adverse effect on .
As used herein, the term hazardous materials means any hazardous or toxic substance,
material or waste,which is or becomes regulated by any local government authority,the State of
Florida or the United States government. The t us material" includes, without
limitation, any material or substance that i (1) defmed as a "hazardous substance" under
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appropriate state law prU ision,s, (2) petroleum, (3) asbestos, (4) designated as a "hazardous
substance" pursuant to Section 311 of the Federal Water Pollution Control Act (33 USC 1321),
(5) defined as a hazardous waste pursuant to Section 1004 of the Federal Resource Conservation
and Recovery Act, (42 USC 690), (6)defined as a hazardous substance pursuant to Section 10 of
the Comprehensive Environmental Response, Compensation and Liability Act (42 USC 96(31),
or (7) defined as a regulated substance pursuant to Sub-Chapter VITT, Solid Waste:Disposal Act
(the regulation of underground storage tanks), (42 USC 4991).
32. LESSEE'S BUSINESS None of the provisions of this Lease shall be deemed or construed
as reserving to LESSOR any right to exercise any control over the. business or operations of
LESSEE conducted upon the Premises or to direct in any respect the details or manner in which
any such business relationship other than a LESSOR/LESSEE relationship is found. LESSEF is
an independent businessperson and neither LESSEE nor any party or parties employed by
LESSEE are agents, servants or employees of LESSOR and LESSEE agrees that in LESSEE's
dealing with the public, LESSEE will not represent or hold its employees as agents, servants or
employees of LESSOR.
33. SIGNS LESSEE shall not place or permit to be placed or maintained on any interior or
exterior door, wall or window of the Premises or Property any sign. awning or canopy or
advertising matter or other thing of any kind or decoration, nor will any illuminated sign be
placed in the window display area(s) of the Premises or Property without LESSOR's prior
written approval and consent.
LESSEE shall be responsible for the cost of an outdoor building sign, installation and
permit fees/costs, Outdoor building sign must comply with city sign regulations. The outdoor
building sign shall be the similar in style, size and color as the other signs on the building and
must be approved by the LESSOR in writing prior to city permit and installation. LESSEE shall
remove the outdoor building sign, repair holes and paint the area where signed appeared prior to
the exjpirat on of Lease at LESSEE's expense.
34. MISCELLANEOUS
T'he parties further agree as follows:
a. The covenants, conditions and agreements contained in this Lease shall bind and
inure to the benefit of LESSOR and LESSEE and their respective heirs, successors,
administrators,representatives and permitted assigns.
b, This Lease and the performance thereof shall be governed, interpreted, construed
and regulated by the laves of the State of Florida.
C. The rights of the LESSOR under the terms of this Lease shall be cumulative, and
failure on the part of LESSOR to exercise promptly any rights given under the terms of this
Lease shall not operate to forfeit any of said rights nor shall the same be deemed a waiver of
such rights.
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d. The parties acknowledge t each has had the opportunity to have this
Agreement reviewed y counsel and notwithstandinge fact that flus Agreement was mitially
drafted y i s for LESSOR, all parties have participated
equallye final wordingof in the eventadispute regarding the
meaning of y of the terms herein, such 1 not be construed
and/or iP.A.
e. Tlus Lease shall not be recorded in the Publicis a public
record of the Boynton Beach Community Re&melopment Agency.
f. This e t represents tha entire understanding between the parties, and
supersedes 1 prior agreements, oral or written, and this Lease Agreement may not be amended
except y an instrunient in writing signed
9. The submission of this documentore to an option or
offer to lease space at the This document shall have no binding effect on the parties
unless executed y the LESSOR and the LESSEE and a fully executed copy is delivered to the
LESSEE.
h. The LESSOR and LESSEE understandagree that TIME IS OF THE'
ESSENCE of all of the terms and provisions of this Lease agreement.
i. If any term, covenant, condition, or provision of this Lease or the application
thereof to any personor circumstance shall, at any time or to any extent be invalidof
unenforceable, the remainder f this Lease, or the applicationof such term or provision of
persons of circumstances other than those 'c -it is held invalidor unenforceable, shall
not e affected thereby, and eachterm, covenant, condition, vi io f this Leasel be
validenforced to the 1extent permitted by
j. No Judgment dW1 be taken agahist any partner, subsidiary. o ,shareholdet,
director, 1 , sister r agent of LESSOR and no Writ 'a shall
levied against the assets of any parttier, subsidiary,o ,shareholder,director,employee, sister
corporation or agent f LESSOR. Any liability of LESSOR s 's
interest
n the Property.
k. The LESSEE is a tax exempt governmental entity.
Lease shall be construed to mean ,if applicable,.
1. The LESSEE shall haveterminate this Lease in the 7", i 9h, orI&
year of the lease by giving LESSOR one hundred and eighty (180) days prior written notice of
terminate,intent to subject to a continuing LESSEE obligationy rent as follows:
year-Lto pay of monthly rent
In year-LESSEE obligated to pay % of monthly rent
obligated to pay 4 % of monthly rent
InlO year-LE S SEE obligated 20%of monthly rent
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In the event LESSOR rents the property followingtermination y LESSEE, the
LESSEE's obligation to pay reduced rent shall end.
M. LESSOR agrees to credit LESSEE the total sum of $73,400 proportionately in;
Years 8, -9 and 10, on a monthly basis at a rate of $2,027,78 per month, nnlem LESSEE
exercises its right to terminate this Leme, in which event LESSEE shall refund to LESSOR any
rental credits previously provided LESSEE under this puagraph.
n This Lease is contingent upon LESSOR obtaining financingo e
renovations outlined herein. This Lease shall be voidable by LESSOR " days of
execution event that LESSOR is unable to secuie the necessary financing-
0. LESSOR will apply for and receive a CRA fagade grant. The LESSEE
cooperate with LESSOR in the application and pro ssin` of the documentation necessary
receive such grant. CRA Boardapproval is a condition to obtaining any fagade.grant.
35, BROKER FEES LESSOR shall indeninify, defend and hold h ess the CRA from
againstand any and all claims,losses, es, sts or expenses (including, out limitation,
attorney's fees) of y .n or character arising out of or resulting fromy agreement..
arrangement or understanding allegedto have been made by, LESSOR on its behalf with any
broker or finder in connection with this Agreement. The provisions of this Section shall survive
Closing or termination of this Agreement.
3 . BANKRUPTCY Notwithstanding anythingin to the contrary, ' e event LESSEE
is the subject of any bankruptcy (including reorganization or arrangement proceedings
to any y), voluntay or involuntary, then LESSOR shall.have the right to terminate this
37 L WAIVER THE PARTIES BEREBY WAIVE ANY RIGHTS TO A
LEASE.TRIAL BY JURY IN ANY ACTION BASED UPON OR ARISING OUT OF OR IN
CONJUNCTION WITH-IMS
38, OPTION TO EXTEND LEASE: Provided 1 rent on or before the 7
day of each month and there has been o event of default under any of the tm= of this Lease
LESSEE shall have the right C 'on , to be exercisedvie or in
Article, to extend this Lease forone (1) Renewal Tenn of five years commencing n the
expiration of the initiale term provided for herein. Ile Lease during the five-year extension
shall be treatedtriple net lease is pursuant to winchLESSEE
responsible for the payment of all Expenses as heretoforee e rental shall
provided to 1 be increasedat a rate of 5% per annum. Monthly rent paymentsl
be paid as follows:
l't Year Extension- $7,505: 7 per month base react plus Expenses and applicable
sales tax.
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2'd Year Extension-$7,881.27 per month base rent plus Expenses and applicable
sales tax.
P Year Extension-$8,275.33 per month base rent plus Expenses and applicable
Wes tax.
e You Extension-$8,6891 10 per month base rent plus Expenses and applicable
sales tax,
50'Year Extension-$9,123.56 per month base rent plus Expenses and applicable
sales tax.
a. TUe Option to Extend Lease may be exercised only if no default exists
under any of the terms of this Lease-when the Option becomes exercisable
and there has been no event of default under any of the terms of this lease
whatsoever during the initial ten year teini of this Lease. In addition, if
LESSEE has been in default by a reason of a failure to pay money When
due.during the Lease term,no Option to Extend may be exercised.
b. The Renewal Term shall be on the same terms, covenants and conditions
provided for in this Lease, except there shall be no privilege to extend the
to of this Lease for any period of time after the expiration ofthe
Renewal Term- The Base Rent for the Renewal Term shall be increased
by 5%percent per annurn.
The right to extend the Lease shall be exercised in the following manner-
a. At least one hundred eighty (180) days pzior to the expiration of the initial
twm, LESSEE shall notify LESSOR in writing of its election to exercise the right
to mumd the term of this Lease for the renewal term;
b. Upon the giving of the notice of exercise of this extension optio% the
Lem shall be deemed to be renewed and the to thereof renewed for the period
and upon the term provided above without the execution of fiw&er
lease or instnment.
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IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the
day and year first above written.
WITNESS: LESSOR:
71 O TO ARTN RS, LLC
ur B. D'Almeida (Date)
Printed Name: 129 ging Member
Printed Name:&&W 0V
LESSEE:
BOYNTON BEACH COMMUNITY
REDEVELOPMENTAGENCY
P , d Name: J SANS``s
By:
Jose Rodrigue air (Date)
Printed Name:
Revie an ed as to legal form:, Revie r and A rov
Jame A. Cherof,epkd Attorney Vivian Brooks, Acting Executive Director
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EXIHBIT"N'
LESSOWs Work- LESSOR shall complete the following renovations and repairs at
LESSOR's expense-
Demolition(interior and exterior)
Repair concrete floor footings
Install 3 steel columns
Replace existing doors and windows with new hurricane impact
resistant doors and windows
New exterior stucco
New shingle roof
Exterior In
Clean,patch, seal and stripe exterior parking lot
HVAC—three new Bve ton units,
Electric—New 400 AW Service and Two 200 Amp Interior Panels
Plumbing—Two bathrooms and one water fountam
HVAC interior
Interior electric per codeloutlets per code
Telephone/computer outlets— 1.4"empty condmt— I per
office
Interior lightmg(2'x4" parabolic fixtures)
Fire alarm system per code
Exclusions-,
Security,telephone and computer systems
Landscaping
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0�IT"B"
LESSEE'S Work: LESSEE shall provide to LESSOR's General Contractor sealed
architectural plans ready for permitting detailing the following
renovations to be completed at LESSEE's expense:
Drywall partitions
Interior
Prep floors
New carpetmg
VCT at two bathrooms
Vinyl base
New cabinets—break room
Fire extinguishers.
Ceilings
®2A'
New doors and hardware
Carpentry labor
Miscellaneous specialties
Or as amended by LESSEE- in its discretiom subject to approval by LESSOR.
$88,000
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FIRST AMENDMENT TO COMMERCIAL LEASE
That certain Commercial Lease dated September 24, 2010, by and between
710 Boynton Partners, LLC, a Florida limited liability company, "LESSOR"and Boynton Beach
Community Redevelopment Agency, "LESSEE", shall be amended this 14th day of December,
2010,to add the following language to Paragraph 12:
LESSOR shall hire KCA Design Group, Inc., to complete the sealed architectural
plans ready for permitting for the interior build-out of the premises pursuant to the attached Fee
Proposal. Lessee shall remit payment to LESSOR within 5 days of issuance of a payment
requisition and supporting documents which reflect completion of the work for which payment is
requested, in an amount to cover the cost of the performed services of KCA Design Group, Inc.,
for preparation of the said architectural plans. The CRA's payment obligation shall not exceed
$7,700.00. The CRA shall be provided with copies of all records all plans for which the CRA
has made payment.
All other terms and conditions of the aforesaid Commercial Lease are incorporated by
reference herein and are ratified and confirmed.
IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day
and year first above written.
WITNESS: LESSOR:
7 B"NPAR RS LLC
BY
Date)
Printe Name. Managing Member
Printed Name: L3e�
LESSEE:
BOYNTON BEACH COMMUNITY
pod 4,,f bTj- 7xff1,1 REDEVELOPMENTAGENCY
Printed Name:
B 1
Jose Rodriguez air (Date)
,,(//W—S-/
Printed Name:
Reviewe d A4-vedoas to legal form:
James A. Cherof, oar ttorney
Dec. 6. 2010 12.36P1.T INo. 8142 P. 1
AACHMENTKCA. Design Inc.
Architecture.Resign, &Planning Organization
License No.AA 0003330
,filth A Chambers,AA, License No.AR 13376
48O0North FederalI r
.Flity.,Suite 2O50—Boca Raton,FL 33431
(561)361-0577;Far(561)999-0007
Sheet 1 of 2—Pecember 6,2010
Fee Proposal - Construction Documents
Client Name: Arthur D'Almeida,P.A.
Add f ess of Client. 1 oS Fast Palmetto Park Roam Boca Raton, A 33432
Telephone: (56.1)289-2022
Project Name:New CRA Clf}'iee Space
Address. 714 N. Federal Highway, Boynton Beach, FL
Architecture Project Number: 100.42
Description of Work. Produce Construction Documents for new tenant improvement off ice
space.
,Scope of Work Produce architectural,and MEP construction documents stoctent for
permitting. The drawings will illustrate the following but are not limited to.
Specifications, interior design,floor plan wall partitions sections, reflected ceiling plan interior
,finishes, doorlhardware schedules, electrical power and lighting plan, electrical notes and
details,panel schedules, toilet room and sinks,plumbing plan plumbing risers,,dumbing notes
and details, mechanical plan, mechanical details and general notes.
Not included in the architecture fee:Full time on-site construction administration during
construction, sprinklers design, and alarm design. Minor construction questions and periodical
on-site construction reviews are anticipated and are covered under the stated felt
Conditions ofproposal: This proposal is valid for three(3)months from the date stated above.
Should the scope of work change andlor new design schemes be requested, a not,proposal will
be submitted to the clientfor approval.
KC-4 Design Group will provide the client with three(3)sets of plans signed and sealed for
submittal to the building department Any additional prints will be done at the client's expense.
Reimbursable Expenses:Blueprinting$1.75I5heet(2436 sheet)
Shipping cost at actual expense plus 20%
Work Timetable:After receipt of a signed fee proposallcontract, KCA wild provide a CARD
generated floor plan within two working days Then a meeting will be arranged to review the
floor plan and get a sign-aff of the plan acceptance with any modifications. KCA wilt then
create the final construction documents within 10-15 business days from that date.
Dec. 6. 2010 12:36PM COMET REALTYACA DESIGN GROUP No. 8142 P. 2
KCA Desi ou , Inc.
Architecture,Desigr4&Planntng Organization
License No.AA 0003330
Keith D. Chambers, R.A.
Praldcnt—AR 13376
.4800 North Federal Hwy.,-Building V"Sulte 205,8—Boca Raton 1'L 33431
(561)361-0577 Fax(561)999-0007
Sheet 2 of 2—December 6,2010
,Fee proposal:$6,934($2l$Fx 3,467 SF of office space)
Fee Schedule:
Professional retainer.30%of Fee: $2,080
11pon completion of signed and sealed contract documents. 70%ofFee. $4,854
Construction administration service or additional services, if required will be billed on
an hourly basis using the fee schedule below.
Below is the schedule offees for additional services if requiped,.
Principal $2501Hr
.Design Architect $1251Hr
Drafting $851Hr
SecretarylOftce Staff ,$451Hr
Retainer is due on signing of contract. A 1,5%per month finance charge will be added to any
invoice not paid within 30 days. Failure to pay invoice(s)within 90 days may result in legal
action with client responsible for all claims, damages, losses and expenses, including attorney(s)
fees arising from said legal action. Architect reserves the right to reuse these plans as he sees
A
Please call if you have any questions. This proposal will act as a contract ifsigned by both
parties.
Accept andAgreed.
C'
Arthur D Almeid ""--
�P.A. �eith-Chambers, kA
Client President,KCA Design Group Inc.
CRA Office: Summary of Lease Costs -710 North Federal Highway, Boynton Beach, FL
Per Month
Base Rent%
CRA October Estimated Credit Increase
Budget 1st of Each Expenses per Years from Prior
Year Year Base Rent Lease(a) 8,9,10 Total Annual Cost Year
FY11-12 Year 1 $ 4,608.00 $ 1,769.70 $ 6,377.70 $ 76,532.40
FY12-13 Year $ 4,792.32 $ 1,374.80 $ 6,167.12 $ 74,005.44 4%
FY13-14 Year 3 $ 4,984.01 $ 1,473.54 $ 6,457.55 $ 77,490.57 4%
FY14-15 Year 4 $ 5,183.37 $ 1,560.42 $ 6,743.79 $ 80,925.43 4%
FY15-16 Year 5 $ 5,390.71 $ 1,729.71 $ 7,120.42 $ 85,445.01 4%
FY16-17 Year 6 $ 5,606.34 $ 2,012.29 $ 7,618.63 $ 91,423.60 4%
FY17-18 Year 7 $ 5,830.59 $ 2,012.29 $ 7,842.88 $ 94,114.56 4%
FY18-19 Year 8 $ 6,063.81 $ 1,941.84 $ 2,027.78 $ 5,977.87 $ 71,734.38 4% (c)
FY19-20 Year 9 $ 6,306.37 $ 1,941.84 $ 2,027.78 $ 6,220.43 $ 74,645.16 4% (c)
FY20-21 Year 10 $ 6,558.62 $ 1,941.84 $ 2,027.78 $ 6,472.68 $ 77,672.16 4% (c)
Increase in Rent Year 1 to Year 10 42%
(a) Represents CRA's responsibilty to pay real estate taxes, maintenance, insurance.
Lease assumes costs of real estate taxes, maintenance and insurance
remains same over ten year period.
(c) CRA to receive rent credit of$2,027.78 per month in Years 8, 9, 10 totalling $73,000 (Lease, Sec. 34.m.)
Year 9 -Begins October 1,2019
Annual Monthly
Estimated Insurance-Wind $ 3,720.00 $ 310.00
Estimated Insurance- Business Owner $ 2,566.47 $ 213.87
Estimated Flood Insurance $ 2,559.00 $ 213.25
Estimated Taxes $ 14,456.55 $ 1,204.71
Sub-Total $ 23,302.02 $ 1,941.84
Base Rent Year 9 $ 75,676.44 $ 6,306.37
Years 8,9,10 total credit=$73,000 1 $ 24,333.36 $ 2,027.78
Total Year 9 1 $ 74,645.10 1 $ 6,220.43
TACONTRACTS-LEASES-DIFAs\710 CRA Office Lease\6.28.19_Summary of Lease Rental Costs-710 N. Federal