May 19, 2015

Okaloosa County BOCC — May 19, 2015 — Request approval of the lease renewal for the property at 325 Lewis — agenda request

Request approval of the lease renewal for the property at 325 Lewis — agenda request in the May 19, 2015 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-extracted reading text.

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Preserved among the May 19, 2015 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1261). The date shown is the verified meeting context, not an independently established creation date for every attachment. Meeting date checked against the agenda/minutes heading and matching source filename.

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Action Item Printout
Date
May 19, 2015
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Okaloosa County Board of County Commissioners
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Okaloosa County Board of County Commissioners (IQM2 public portal)

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Request approval of the lease renewal for the property at 325 Lewis — agenda request — extracted reading text

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Request approval of the lease renewal for the property at 325 Lewis — agenda request — extracted reading text

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BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: May 19, 2015 TO: Honorable Chairman and Members of the Board FROM: Zan Fedorak SUBJECT: Request approval of the lease renewal for the property at 325 Lewis Turner Blvd., Fort Walton Beach DEPARTMENT: Purchasing BCC DISTRICT: All STATEMENT OF ISSUE: [PUR] Request approval of the lease renewal for the property at 325 Lewis Turner Blvd., Fort Walton Beach, which is the Ritz Food Store adjacent to the Water & Sewer Building (L03-0215-BCC) (District: 3) BACKGROUND & ANALYSIS: The lease for the Ritz Food Store property located at 325 Lewis Turner Boulevard, which is adjacent to the Water & Sewer building, will expire on June 10, 2015. This property was originally leased by GCJ Enterprises, Incorporated, d/b/a Ritz Food Stores. In 2010, the Board approved for Bennett Eubanks Oil Company, Inc. to be the assignee of the lease to facilitate fueling facility improvements to the property; tanks, dispensers, lines, signs, canopy, and installation costs. These facilities were installed and are operational. This lease has a clause that allows four (4) five (5) year renewal periods to allow for the payoff of the improvements. Bennett Eubanks Oil Company, Incorporated desires to exercise the first of four (4) five (5) year renewal options and has provided a signed contract/lease renewal form. The rent will continue at the designated $3,250 monthly rate ($3,445 with taxes). Staff recommends the Board authorize the Chairman to sign the contract/lease renewal form to renew/extend the lease until June 10, 2020 per the lease agreement. OPTIONS: Approve/Deny the lease renewal to Bennett Eubanks Oil Company, Incorporated and authorize the Chairman to sign the contract/lease renewal form. RECOMMENDATION: Staff recommends approval of the lease renewal to Bennett Eubanks Oil Company, Incorporated and authorize the Chairman to sign the contract/lease renewal form RECOMMENDED BY: APPROVED BY: John Hofstad, County Administrator

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Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — May 19, 2015 — Request approval of the lease renewal for the property at 325 Lewis — agenda request.” May 19, 2015. Action Item Printout. Crypt of Echoes evidence ID LED-2026-ab795dfd7fb54a9ebf330a4025579ef1. http://127.0.0.1:58097/evidence/LED-2026-ab795dfd7fb54a9ebf330a4025579ef1. Accessed [date].

Catalogue citation: Okaloosa County Board of County Commissioners, Request approval of the lease renewal for the property at 325 Lewis — agenda request, meeting materials for May 19, 2015. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=30&ID=13926&MeetingID=1261

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