Broward County Commission Regular Meeting
Director's Name: Joseph Morris
Department: Port Everglades Division: Business Development
Information
Requested Action
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MOTION TO APPROVE Lease Agreement between Broward County and Florida International Terminal, LLC, for 3,095 square feet of office space consisting of Suite 403 of the Port Administration Building, located at 1850 Eller Drive in Port Everglades, for a one-year term, commencing on December 1, 2025, with four one-year renewal terms; and authorize the Mayor and Clerk to execute same.
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Why Action is Necessary
Broward County Board of County Commissioners' approval is required for leases in which the term exceeds one year.
What Action Accomplishes
Approves the Lease Agreement between Broward County and Florida International Terminal, LLC, for 3,095 square feet of office space at Port Everglades.
Goal Related Icon(s)
?County Commission
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?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"), operates a marine terminal in the Southport area of Port Everglades and has been a tenant in Suite 403 of the Port Administration Building at 1850 Eller Drive since 2023 (see Exhibit 2 map). Its current lease expires on November 30, 2025. The primary business terms of the new lease agreement are summarized as follows:
* Term: Establishes an initial one-year term beginning December 1, 2025, with four optional one-year renewal terms. Each renewal must be requested by FIT at least
60 days before the expiration of the then-current term, and approved by the Port Everg...
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