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<br />CITY OF SUNNY ISLES BEACH BUILDING DEPARTMENT <br />SUBLEASE AGREEMENT <br /> <br />THIS SUBLEASE AGREEMENT is made as of this day of <br />, 2000, by CENTRAL FLORIDA INVESTMENTS, INC., a <br />Florida Corporation ("Sublessor") to the CITY OF SUNNY ISLES BEACH ("Sublessee") and <br />R.K. ASSOCIATES (as "RK."). <br /> <br />WHEREAS, RK. and Sublessor entered into a lease agreement ("Base Lease") dated <br />February 26,1996, for office suites 257,258, 259, and 260 located at 17070 Collins Avenue in <br />Sunny Isles Beach, Florida; and <br /> <br />WHEREAS, as consideration for the Base Lease, Sublessor has agreed, among other <br />things, to pay rent to RK. in the amount specified in said lease until the lease expires on <br />December 31, 2001; and <br /> <br />WHEREAS, Sublessor has available space to Sublease and wishes to sublet office suite <br />260 to Sublessee with the understanding that Sublessor shall remain responsible for all <br />obligations and liabilities under Base Lease with RK., which include but is not limited to <br />payment of rent. <br /> <br />NOW THEREFORE, in consideration of the foregoing and for the mutual covenants, <br />representations and warranties and other good and valuable consideration, the receipt and <br />adequacy of which is hereby acknowledged, the parties agree as follows: <br /> <br />SECTION ONE <br />RECITALS <br /> <br />The recitals set forth above are hereby incorporated into this agreement and made a part hereof <br />for reference. <br /> <br />SECTION TWO <br />DEMISE AND USE <br /> <br />Sublessor leases to Sublessee and Sublessee leases from Sublessor, the space described in <br />Section Three for the operation of the City's Building Department. <br /> <br />SECTION THREE <br />DESCRIPTION OF SPACE <br /> <br />The premises subject to this Sublease consists of an office space located at 17070 Collins <br />Avenue, Suite 260 which is approximately 1600 square feet, City of Sunny Isles Beach, County <br />of Miami-Dade, State of Florida. <br /> <br />Page 1 of 5 <br /> <br />Building Department Sublease Agreement - Final <br />