Agenda 07/14/2020 Item #16G 2 (Airport Authority Lease Agreement with Paradise South Ventures, LLC)07/14/2020
EXECUTIVE SUMMARY
Recommendation to approve the Collier County Airport Authority Standard Form Lease
Agreement with Paradise South Ventures, LLC, for office space in the new Marco Island Executive
Airport terminal building.
OBJECTIVE: To transition current business tenants at the Marco Island Executive Airport (MKY) from
the old terminal building to the new building.
CONSIDERATIONS: Paradise South Ventures, LLC entered into a lease agreement with the Airport
Authority on March 1, 2015, for administrative office space within the existing terminal building at
MKY.
The Airport Authority has constructed a new terminal building to replace the existing facility, which will
be decommissioned upon taking occupancy of the new facility. Comparable office space is available for
lease within the new facility. The Airport Authority and Paradise South Ventures, LLC (Lessee), desire to
execute a new Agreement for comparable office space in the new facility, which will become effective
once the Authority takes occupancy of said facility. The Lessee is in good standing with the Authority.
The office space in the new facility is approximately two hundred eighty (280) square feet. The term of
the agreement is sixty (60) months and will commence on the date the Authority obtains a Certificate of
Occupancy for the new facility. Either party may terminate the agreement for any reason with sixty (60)
days prior written notice.
In addition to the initial monthly lease rate of $583.33 plus applicable taxes, the tenant will p ay the
Authority an annual Commercial Operating Fee of $200, plus applicable taxes, both in accordance with
the currently approved rates and charges. To allow sufficient time for the Lessee to transition from the
existing facility to the new facility, rent shall not be charged for the first two (2) months after Lessee
assumes occupancy of the Premises.
FISCAL IMPACT: Monthly rent in the amount of $583.33, plus an annual Commercial Operating Fee
of $200, will be deposited into the Airport Authority Operating Fund (495), Marco Island Executive
Airport Cost Center (192370) upon collection.
GROWTH MANAGEMENT IMPACT: There is no impact to the Growth Management Plan related to
this action.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board action.-JAB
RECOMMENDATION: To authorize the Chairman to sign the attached Collier County Airport
Authority Standard Form Lease Agreement with Paradise South Ventures, LLC, for office space in the
new Marco Island Executive Airport terminal.
Prepared by: Justin Lobb, Executive Manager, Airport Authority
ATTACHMENT(S)
1. Lease - Paradise South_vendor signed (PDF)
16.G.2
Packet Pg. 2803
07/14/2020
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.G.2
Doc ID: 12623
Item Summary: Recommendation to approve the Collier County Airport Authority Standard
Form Lease Agreement with Paradise South Ventures, LLC, for office space in the new Marco Island
Executive Airport terminal building.
Meeting Date: 07/14/2020
Prepared by:
Title: Operations Coordinator – Airport Authority
Name: Debra Brueggeman
06/09/2020 4:45 PM
Submitted by:
Title: Division Director - Operations Support – Growth Management Department
Name: Gene Shue
06/09/2020 4:45 PM
Approved By:
Review:
Growth Management Operations Support Christopher Johnson Additional Reviewer Completed 06/10/2020 8:35 AM
Growth Management Department Judy Puig Level 1 Reviewer Completed 06/10/2020 11:12 AM
Growth Management Department Gene Shue Additional Reviewer Completed 06/15/2020 9:23 AM
Airport Authority Justin Lobb Additional Reviewer Completed 06/16/2020 12:42 PM
Growth Management Department Debra Brueggeman Deputy Department Head Review Skipped 06/09/2020 4:07 PM
Growth Management Department Thaddeus Cohen Department Head Review Completed 06/17/2020 1:22 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 06/23/2020 10:45 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/23/2020 11:15 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/23/2020 11:29 AM
Office of Management and Budget Laura Zautcke Additional Reviewer Completed 06/28/2020 8:14 PM
County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 07/07/2020 9:15 AM
Board of County Commissioners MaryJo Brock Meeting Pending 07/14/2020 9:00 AM
16.G.2
Packet Pg. 2804
16.G.2.aPacket Pg. 2805Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2806Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2807Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2808Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2809Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2810Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2811Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2812Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2813Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2814Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2815Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2816Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2817Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)
16.G.2.aPacket Pg. 2818Attachment: Lease - Paradise South_vendor signed (12623 : Paradise South Lease - MKY New Terminal)