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P.H. 2022-86: (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 LEASE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND THE FLORIDA INLAND NAVIGATION DISTRICT FOR MSA 726/EXCHANGE CLUB PARK; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: Rental amount of $100 per year payable to FIND)
FIRST READING: SEPTEMBER 13, 2022
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(Staff Contact: Mark A. Beaudreau)
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Summary Explanation/Background:
The Exchange Club Park Lease Agreement with the Florida Inland Navigation District is for the city to use the premises as a passive city park. The agreement is for a five-year term commencing August 26, 2022, and terminating August 25, 2027. The lease agreement rent amount is $100 per year, and may be extended for up to two additional five-year terms if both parties agree.
Origin of request for this action: FIND / Parks and Recreation Dept. Staff
Fiscal impact and source of funding: $100/year 001-3920-572-55-40
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