On May 1, 2005, the City entered into a lease agreement for the lease of office space located at the Port Center, 2051 Martin Luther King Drive, Riviera Beach, Florida, for a term of three years. Since that time, the City has entered into seven prior amendments extending the term of the Lease.
At this time, the City of Riviera Beach still requires office space to accommodate Police and Civil Drug Court in the amount of 15,367 rentable square feet.
Additionally, the City of Riviera Beach also requires office space to accommodate the Riviera Beach Re-entry Program in an amount of 1,941 rentable square feet.
The City is currently leasing Suite 100 for Police and Civil Drug Court and Suite 307 for the Riviera Beach Re-entry Program.
Negotiations have been made with the landlord based on the agreed terms contained in the Seventh Amendment to the Lease that provided for two (2) one year renewals at the discretion of the Tenant for the rental rate of $20.00 per rentable square foot.
The City and the landlord have finalized an Eight Amendment to the Lease Terms consistent with the agreed upon terms of the prior amendment, mainly to extend the lease for an additional year at the terms agreed upon, with a one-year option to renew the lease, as attached hereto.
City staff finds that it is in the City’s best interest to enter into this Eighth Amendment to the Lease, extending the Lease for the specific space referenced. This Resolution seeks authorization from the City Council to enter into this Eighth Amendment.