e|agenda.NET
Sarasota County Schools
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 P.M.
November 20, 2012 Board Meeting
Agenda Item #12


Title
APPROVAL OF THE TENANT LEASE AGREEMENT BETWEEN THE CITY OF NORTH PORT ("LANDLORD") AND THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA ("TENANT")

Description

Whereas, TENANT desires to be part of the Family Service Center whose mission is to collaboratively integrate private human service providers and governmental entities to provide a multitude of services to the North Port community.  Whereas, LANDLORD owns the building located at 6919 Outreach Way, North Port, Florida and whereas, TENANT is interested in leasing a portion of  said property according to the terms and conditions of this Lease Agreement.

LANDLORD hereby leases and lets unto TENANT, and TENANT hereby agrees to lease from LANDLORD, property described as approximately 514 square feet of furnished office space located at 6919 Outreach Way, B101, North Port, Florida, 34287, hereinafter referred to as "PREMISIS".  TENANT,    and its employees, agents, guests and invitees shall have use of the PREMISIS as outlined in Section 8 herein and the right to use, in common with other tenants in the facility of which PREMISIS are a part, the common areas, surface parking and all other rights and privileges appurtenant thereto, subject to reasonable rules and regulations for the use thereof as prescribed from time to time by LANDLORD.

The term of this Lease Agreement shall be eleven (11) months commencing on November 1, 2012 and shall terminate on September 30, 2013.  TENANT agrees to pay LANDLORD at the office of LANDLORD, or such other place as LANDLORD may from time to time designate by notice in writing, without demand fixed rent for the eleven month lease period at fourteen ($14.00) per square foot (the "Fixed Rent").  Based on 514 square feet, the Fixed Rent shall be Six Thousand Five Hundred and Ninety Six dollars and thirty-seven cents ($6,596.37) payable in advance on the first of the month; in eleven (11) equal monthly installments of Five Hundred and Ninety Nine dollars and sixty seven cents ($599.67).



Recommendation
That the Tenant Lease Agreement between the City of North Port ("LANDLORD") and The School Board of Sarasota County, Florida ("TENANT") be approved.

Contact
WHITE & CANTEES

Financial Impact
$6,596.37


Attachment:  Tenant Lease Agreement - SBSC & City of North Port.pdf