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98-030 RESOLUTION NO. 98-30 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA AUTHORIZING THE CITY MANAGER TO EXECUTE THE ATTACHED FIRST MODIFICATION OF SHOPPING CENTER LEASE AGREEMENT DATED NOVEMBER 26, 1996 FOR THE POLICE STATION OPERATIONS; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Manager is hereby authorized to execute the attached First Modification of Shopping Center Lease Agreement dated November 26, 1996 for the police station operations by increasing the term of said lease. Section 2. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by co,.~ssione]: ~§ee~-who moved its adoption. The motion was seconded by Co---issio[].ez' Bolzbet~; , and upon being put to a vote, the vote was as follows: Commissioner Arthur Berger Commissioner Ken Cohen Commissioner Harry Holzberg ~-es Commissioner Jeffrey M. Perlow yes Commissioner Patricia Rogers-Libert 3,es Vice Mayor Jay R. Beskin Mayor Arthur I. Snyder PASSED AND ADOPTED this 17th day of March, 1998. ATTEST: /~ ~¥ ARTHUR I. SNYDER, MAYOR CITY CLERK APP~VED AS TO LEGAL SUFFICIENCY: CITY~,TTORNI~Y FIRST MODIFICATION OF SHOPPING CENTER AGREEMENT ~THIS FIRST ~4ODIFICATION TO LEASE AGREEMENT, made as of this ~c~ day of 199~' , by and between RRC FL FIVE~ INC., a Florida corporation, (hereinafter ~L~ndlord~) and THE CITY OF AVENTURA, a Florida municipal corporation (hereinafter 'Tenant'). WITNESSETH: That, WHEREAS, Landlord and Tenant are parties to that certain Shopping Center Lease dated November 26, 1996 covering certain premises (Unit 2960A, 5,200 square feet) in the Aventura Shopping Center located in Aventura, Florida (herein the *Lease'); and, WHEREAS, Landlord and Tenant wish to modify certain terms of the Lease effective as of December 1, 1997. NOW THEREFORE, in exchange for the mutual covenants and promises contained herein and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows: The above recitals are hereby confirmed as true and correct and are reaffirmed herein. 2 Addendum to Lease is hereby modified by adding the following article: #Article 31 - Option to Extend Tenant shall have the option, exercisable by written notice to Landlord, by certified mail, given not later than four (4) months prior to the expiration of the initial Term, to extend the Lease for a further term of up to thirteen (13) months on the same terms and conditions as provided in the Lease, except that: (a) Landlord shall have no obligation to make any improvements to the Premises; (b) Minimum Annual Rent for the extended term shall be as set forth below: Months $ Per Square Foot Per Annum 1 ~ 13 $16.00 and (c) There shall be no option to further extend the term. The option to extend shall not be available to any assignee of Tenant (whether or not permitted by the terms of the Lease) and may not be exercised if an event of default exists or has existed during the Term of the Lease. Notwithstanding the foregoing, this Option to Extend the Lease shall be deemed null and void if one or more of the following has occurred: (1) Tenant has been late in the payment of rent on three (3) or more occasions within any twelve (12) month period. For this purpose, a payment shall be deemed to be late if it is received by Land[ord after the second day of the month in which such rent is due. (2) Tenant is in default in the performance of any of its obligations under the Lease. (3) T~na~t ha~ ~][~d t~ gi~ w~itten notice .Dy certified mail to Lancllord four (4) months prior to the expiration of the initial term. (4) The Lease has ever been assigned.~ Notwithstanding contained herein to the contrary, and simultaneously to Tenant's notice of it's intend to exercise it's option, Tenant shall notify Landlord the length of time that Tenant intends to extend the Lease term which extension may be up to 13 months and execute an agreement setting forth the time frame of the extended term. 3. Tenant hereby acknowledges that the Lease as modified is in full force and effect and there are no violations or defaults under any of the provisions of the Lease on the part of the Tenant. 4. In the event of conflict between the terms and conditions of this First Modification to Lease Agreement and the Lease, ~his First Modification To Lease Agreement shall control. IN WITNESS WHEREOF, the parties have executed these presents as of the day and year first above written. Signed, sealed and delivered in the presence of: LANDLORD: RRC FL FIVE, INC., a Florida corporation r~, ~ ~ I _¢"x _ By. !.~..~ ~..~=...~.v., J0,,,.,,A,~ Withes for Landlord Dated as to Landlord: ~ 5.q~ TENANT: THE CITY OF AVENTURA, -"I ,/. , ,,~orida mun~oration ~/~/~ wimp, ¢0, Tenant Print Title: ~,/~ ~ ~ ~ Dated as to Tenant: ~ ~/~ ~¢ _