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P.H. 2019-95: (PUBLIC HEARING 2ND READING)
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A THIRD AMENDMENT TO THE LEASE/CONCESSION AGREEMENT BETWEEN GLR GROUP, LLC AND THE CITY OF POMPANO BEACH; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
FIRST READING: JULY 9, 2019
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(Staff Contact: Earl Bosworth)
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Summary Explanation/Background:
Requesting approval for a third amendment to the Lease/Concession Agreement between GLR Group, LLC and the City of Pompano Beach providing for an expansion of the leased premises, including renovations, a lease extension of 25 years, and an increase to $5,790 per month, plus applicable sales tax.
Origin of request for this action: City Manager’s Office
Fiscal impact and source of funding: N/A
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