Broward County Commission Regular Meeting
Director's Name: Joseph Morris
Department: Port Everglades Division: Business Development
Information
Requested Action
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(This is the first of two required public hearings. The second public hearing will be held on May 6, 2025.)
MOTION TO APPROVE Third Amendment to the Marine Terminal Lease and Operating Agreement between Broward County and Florida International Terminal, LLC ("FIT"), to redefine "Terminal Operator Cargo" and update other provisions.
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Why Action is Necessary
Pursuant to Section 32.5.b. of the Broward County Administrative Code, two Public Hearings are required for amendments to marine terminal leases exceeding five years within the Restricted Use Zone.
What Action Accomplishes
Allows for the consideration of the Third Amendment to the Marine Terminal Lease and Operating Agreement between Broward County and FIT. This is the first of two Public Hearings. The second Public Hearing will be held on May 6, 2025. No action is required on this motion.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
Previous Action Taken
None
Summary Explanation/Background
THE PORT EVERGLADES DEPARTMENT RECOMMENDS APPROVAL.
This action supports the Broward County Board of County Commissioners' ("Board") Value of "Building partnerships and working collaboratively with others to meet shared objectives," and the Goal of "Ensuring economic opportunities and a sustainable economy, with an emphasis on Broward's lower and middle class."
Florida International Terminal, LLC ("FIT") has operated a container terminal in the Southport area of Port Everglades since 2005 (see map - Exhibit 2). On June 18, 2024 (Item No. 63), the Board approved the Second Amendment to the Marine Terminal Lease and Operating Agreement between Broward County and FIT to exercise both Option Terms, memorialize the Final Premises Effective Date, restructure the rental rate and per container (shipmove) rate (with the ...
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