Reso 2026-4039 - Laserfiche WebLink

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STATE OF FLORIDA, DEPARTMENT OF TRANSPORTATION ADDENDUM TO USE AND OCCUPANCY AGREEMENT ITEM/SEGMENT NO.: MANAGING DISTRICT F.A.P. NO.: STATE ROAD NO.: COUNTY: PARCEL NO.: AGREEMENT 4152301 Six 6268012-U / 6268-013-U 826 Miami -Dade 3129 1. The Recitals set forth above are incorporated into and are made a part hereof. 2. Paragraph 2: Term, is hereby deleted in its entirety and is replaced with the following: Lessor does hereby lease unto Lessee the Leased Property described in Exhibit "A," attached hereto and made a part hereof, for a term beginning on the Effective Date and ending on March 31, 2029 (the "Expiration"). If Lessee desires to continue leasing the Leased Property, Lessee shall provide written notice to Lessor at least one hundred eighty (180) days prior to the Expiration of the Agreement. If Lessor, in its sole discretion, and in accordance with Lessor's procedures, determines that the Leased Property continues to be available for lease, a new Use and Occupancy Agreement will be required. The Lessee's failure to comply with the foregoing 180-day notice provision may result in the Lessor's refusal to enter into a new Use and Occupancy Agreement. If Lessee holds over and remains in possession of the Leased Property after the Expiration specified in this Agreement, Lessee's tenancy shall be considered a tenancy at sufferance, subject to the same terms and conditions as herein contained in this Agreement. This Agreement is subject to all utilities in place and to the maintenance thereof as well as any other covenants, easements, or restrictions of record. This Agreement shall be construed as a lease of only the interest, if any, of Lessor, and no warranty of title shall be deemed to be given herewith. 3. Paragraph 3: Rent, is hereby deleted in its entirety and is replaced with the following: The Parties agree that the Lessee shall pay Lessor, as rent, forty percent (40%) of all gross revenues collected from the use of the Leased Property. The Parties further agree the Lessee shall bear all expenses and operational costs from its sixty percent (60%) share of all gross revenues. "Gross revenues" shall be described as any and all revenues received from the Lessee as a result of the use of the Leased Property, including, but not limited to, metered parking, parking for fee, recreational and vending concessions, if any, and fees and/or rent collected from a sublessee which sublease shall have been approved by the Lessor. On the first business day after the last day of each quarter, Lessee shall remit to Lessor forty percent Rev. 6/25 Page 2 of 10 60