Reso 2014-2236 - Laserfiche WebLink

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Ct yVHNY 'J`ff 7 n FIRST AMENDMENT TO THE PARKING LICENSE AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH AND COASTAL CONSTRUCTION OF SOUTH INC. D/B /A COASTAL CONDOMINIUMS This First Amendment to the Parking License Agreement (this "Agreement ") is made as of this kL day of kyr ( , 2014, by and between the CITY OF SUNNY ISLES BEACH, a municipal corporation (the "City ") and COASTAL CONSTRUCTION OF SOUTH FLORIDA, INC. D /B /A COASTAL CONDOMINIUMS ("Coastal ") and/or assigns. RECITALS WHEREAS, Coastal is in need of additional parking for its patrons; and WHEREAS, the City and Coastal previously entered into a parking agreement to permit Coastal to park vehicles and a mobile office trailer at the public parking lot located at 175`h Street (the "Property ") and to provide 8 (eight) parking space passes to be used by patrons of Coastal on a non - exclusive basis to park within the parking spaces designed by the City, via parking license agreement dated November 14, 2012, (the "Agreement ") and approved by the City Commission on November 15, 2012, via Resolution No. 2012 -1999, a copy of which is attached hereto as Exhibit "A ", and incorporated herein by reference; and WHEREAS, the original term of the Agreement was for 20 (twenty) months from the date the original Agreement was signed by both parties with a possible 4 (four) month extension, up to a maximum term not to exceed November 14, 2014; and WHEREAS, the parties desire to extend the term of the Agreement on a month to month basis, up to an extended maximum term not to exceed November 14, 2015. NOW, THEREFORE, in consideration of the execution and delivery of this First Amendment to the Parking License Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein in their entirety. 2. Term. Sections 4 and 5 ("Term" and "Renewal Term ") of the original Agreement are hereby amended to reflect that the Agreement shall remain in effect on a month to month basis, up to an extended maximum term not to exceed November 14, 2015. The City shall have the right to immediately terminate this Agreement without cause upon written notice to Coastal. 3. Use of narking space area. Section 2 ( "Use of parking space area ") of the original Agreement is hereby amended to reflect that any vehicles not parking in the approved spaces and/or not displaying the parking permit from the City will be ticketed by the City's Parking Department.