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Agenda 05/14/2019 Item #16B 2 (2nd Lease Modification for Bayshore CRA Office)05/14/2019 EXECUTIVE SUMMARY Recommendation that the Board or County Commissioners, acting as the Community Redevelopment Agency Board, approve a Second Lease Modification for the Bayshore Gateway Triangle CRA office with 3750 Bayshore Drive, LLC and authorize the Chairman to sign. OBJECTIVE: To secure an extension of short-term office space for the Bayshore Gateway Triangle CRA (BGTCRA) until the CRA can be moved onto Government Center campus. CONSIDERATIONS: The Bayshore Gateway Triangle CRA office has been located at 3570 Bayshore Drive since June 2013. The lease expired on July 31, 2018. The CRAB approved a lease modification to extend the terms of the lease to April 30, 2019. Since its expiration, the CRA has been occupying the space on a month to month basis. On March 12, 2019 the CRAB terminated the lease to relocate Bayshore Gateway Triangle CRA office to 2348 Pineland Avenue, Naples, Florida, and directed staff to move the BGTCRA onto Government Center campus at the April 23, 2019 BCC meeting. In the meantime, the Landlord at the current location has requested that another modification be approved by the CRA. The proposed second lease modification includes a three-month term beginning June 1, 2019 and continues through July 31, 2019, subject to an option to extend for an additional three months, in increments of one month at a time through October 31, 2019. The rental rate has been increased by 3% and continues throughout the Term of the Lease at $16.00 per square foot for an agreed space of 1,750 square feet, for a monthly total of $2,403.33 per month. Similar to the first modification, should the CRA elect to exercise the one-month options it must give Landlord 30 days advance written notice and may not be in default of the Lease. However, the Second Modification requires the CRA to pay double rent for any holdover period the CRA occupies the space past July 31, 2019. To avoid paying double rent the CRA will move onto Government Center campus prior to the expiration of this extension. LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote for Board action. -JAB FISCAL IMPACT: The FY19 Bayshore Gateway Triangle CRA Fund (187) budget provides sufficient funding to support the proposed lease expense. GROWTH MANAGEMENT IMPACT: The lease allows the CRA staff to continue its’ programs and projects within the budgetary and policy guidance and directives of the CRA Board. RECOMMENDATION: That the Board or County Commissioners, acting as the Community Redevelopment Agency Board, approve a Second Lease Modification for the Bayshore Gateway Triangle CRA office with 3750 Bayshore Drive, LLC and authorize the Chairman to sign. Prepared by: Sean Callahan, Executive Director, Corporate Business Operations 16.B.2 Packet Pg. 1157 05/14/2019 ATTACHMENT(S) 1. Second Lease Modification CRA_jab_5.6.2019 (PDF) 16.B.2 Packet Pg. 1158 05/14/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.B.2 Doc ID: 8764 Item Summary: Recommendation that the Board of County Commissioners, acting as the Community Redevelopment Agency Board, approve a Second Lease Modification for the Bayshore Gateway Triangle CRA office with 3750 Bayshore Drive, LLC and authorize the Chairman to sign. Meeting Date: 05/14/2019 Prepared by: Title: – Bayshore CRA Name: Tami Scott 04/24/2019 4:53 PM Submitted by: Title: – County Manager's Office Name: Debrah Forester 04/24/2019 4:53 PM Approved By: Review: County Manager's Office Sean Callahan Director - CRAs Skipped 04/25/2019 8:32 AM County Manager's Office Sean Callahan Executive Director- Corp Business Ops Completed 04/25/2019 8:32 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 04/29/2019 9:48 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 04/29/2019 9:51 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 04/30/2019 5:10 PM Budget and Management Office Ed Finn Additional Reviewer Completed 05/06/2019 9:22 AM County Manager's Office Heather Yilmaz Level 4 County Manager Review Completed 05/07/2019 6:56 AM Board of County Commissioners MaryJo Brock Meeting Pending 05/14/2019 9:00 AM 16.B.2 Packet Pg. 1159 16.B.2.aPacket Pg. 1160Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1161Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1162Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1163Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1164Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1165Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1166Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1167Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1168Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1169Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1170Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1171Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1172Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1173Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1174Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1175Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1176Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1177Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1178Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension) 16.B.2.aPacket Pg. 1179Attachment: Second Lease Modification CRA_jab_5.6.2019 (8764 : Bayshore CRA Lease Extension)