Broward County Commission Regular Meeting
Director's Name: Monica Cepero
Department: County Administration Division: Real Property
Information
Requested Action
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MOTION TO APPROVE Third Amendment to Lease Agreement for the Leasing of Real Property for use as a Theater between Broward County (Landlord) and Broward County Film Society, Inc. (Tenant) for approximately 11,004 square feet located at 503 Southeast 6th Street, Fort Lauderdale extending the term of the lease for five years plus two optional five-year renewals at a rental rate of $1.00 per year; and authorize the Mayor and Clerk to execute same. (Commission District 4)
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Why Action is Necessary
Board of County Commissioners' approval is required to lease property pursuant to Broward County Administrative Code, Section 6.23.
What Action Accomplishes
Provides The Broward County Film Society, Inc. with a five-year extension of their lease with two additional five-year extension options.
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
On August 26, 1986, the County and Vinnette Carroll Repertory Company, Inc. (“Vinnette Carroll”) entered into a Lease Agreement for the Leasing of Real Property for use as a Theater (“Lease”) for the church building at 503 Southeast 6th Street, Fort Lauderdale. The Lease was amended on January 20, 1998, to add the Broward County Film Society, Inc. as a co-tenant of the theater. On August 31, 1999, the Lease was further amended to extend the lease term until August 25, 2022.
The Broward County Film Society, Inc. requested a further extension of the term of the Lease to continue using the theater to present American independent, international, and local films year-round. This Third Amendment to the Lease Agreement extends the term of the lease of five years, provides for two optional five-year renewals, and removes Vinnette Carroll, a dissolved Florida not-for-profit corporation, as tenant under the Lease.
All documents have been reviewed and approved as to form by the Office of the County Attorney.
Source of Additional Information
Lary S. Mahoney, Director of Real Estate Development and Real Property, (954) 357-7357
Trevor Fisher, Director, Public Works Department, (954) 357-6410
Phillip Dunlap, Director, Cultural Division, (954) 357-7456
Fiscal Impact/Cost Summary
There is no fiscal impact to Broward County.