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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: May 21, 2013
TO: Honorable Chairman and Members of the Board
FROM: Jeff Littrell
SUBJECT: Lease Agreement Renewal, 1310C Oddfellow Rd. Fort Walton Beach,
Florida
DEPARTMENT: Water and Sewer
BCC DISTRICT: All
STATEMENT OF ISSUE: Staff requests BCC approval to renew a lease agreement with
Mr. Joe Swales for the property located at 1310C Oddfellow Road in Fort Walton Beach,
FL. This unit is located in a building owned by Okaloosa County Water & Sewer.
BACKGROUND: Okaloosa County Water & Sewer purchased the buildings on the East
side of Oddfellow Road (directly west of the North parking lot for the Water & Sewer
Administration Building) in 2006. The purchase price was $440,000.00 on a five year note
at 5% interest. The final of five annual payments in the amount of $76,867.73 was paid on
October 6, 2011. Mr. Joe Swales has submitted a Letter of Intent (LOI) to renew and a
copy of his liability insurance. This lease would be for the standard one year term with the
ability for the lessee to extend for two additional one year terms if desired. The annual rent
for this lease is $4,800.00.
OPTIONS: Approve or deny the Lease Agreement for Mr. Joe Swales.
RECOMMENDATIONS: Staff recommends approval by the BCC to authorize the
Chairman to execute the Lease Agreement with Mr. Joe Swales for unit 1310C Oddfellow
Road, Fort Walton Beach, FL.
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator