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<br />PROPOSAL FORM - GROUND LEASE FOR AQUA TIC ENTERTAINMENT CENTER <br /> <br />Aquatic Entertainment Center - 151 Sunny Isles Boulevard <br /> <br />By signature below, the Proposer submitting this Proposal Form understands that either <br />party will have the right to negotiate additional terms and conditions that do not <br />materially differ from or change the essential elements of the Request for Proposal or of <br />the Proposer's proposal. <br /> <br />A. Ground Lease Term: 99 years <br /> <br />B. Estimated Land Value: $10 Million Dollars <br /> <br />C. Ground Lease Rent: Rent shall be payable monthly, in advance. The City <br />expects fair market rent for the ground based on appraisal of the value of <br />the land, length or term, and periodic increases in rent. <br /> <br />DEVELOPER PROPOSAL FOR SITE: <br /> <br />Ground Lease term: 99 Years <br /> <br />Annual Ground Lease Rent Amount: <br /> <br />Dollars <br /> <br />Ground Lease increase: <br /> <br />1. () % increase every ( ) years; <br /> <br />Conditions: <br /> <br />Name of Company: <br /> <br />Company Address: <br /> <br />Contact Phone: <br /> <br />Name of Representative authorized to submit proposals: <br /> <br />Signature: <br /> <br />Date: <br /> <br />RFP Aquatic Entertainment Center <br /> <br />22 <br />