Agenda

Back to Calendar Return

County Administrator's Report 11. 13.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	10/19/2017
Issue: Approval of Month-to-Month Lease Agreement With McDonald Shopping Center Tenant - Foxbow Realty. Inc. d/b/a Rainbow Store No. 186
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Approval of Month-to-Month Lease Agreement with McDonald Shopping Center Tenant - Foxbow Realty, Inc., d/b/a Rainbow Store No. 186 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board take the following action regarding the month-to-month Lease Agreement with McDonald Shopping Center tenant - Foxbow Realty, Inc., d/b/a Rainbow Store No. 186:

A. Approve the month-to-month Lease Agreement between Escambia County and FoxBow Realty, Inc., d/b/a Rainbow Store No. 186, a McDonald Shopping Center tenant; and

B. Authorize the Chairman to sign the above-referenced month-to-month Lease Agreement.

[Funding: Proceeds from the Lease will be deposited in Fund 001, General Fund, Revenue Account 362010]

BACKGROUND:

The Board at its February 9, 2017 Committee of the Whole Workshop authorized staff to obtain written month-to-month leases with all tenants who did not have a written agreement. The Board at its September 7, 2017 BCC Meeting further approved a request made by Rainbow Store No. 186 allowing them to enter into a month-to-month lease with the County upon the expiration of their written lease, which expired on September 30, 2017. This agreement is now being submitted for approval and execution by the Chairman.

BUDGETARY IMPACT:

[Funding: Proceeds from the Lease will be deposited in Fund 001, General Fund, Revenue Account 362010]

LEGAL CONSIDERATIONS/SIGN-OFF:

The County Attorney's Office has approved the Lease Agreement as to form and legal sufficiency.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Lease Agreement with Foxbow Realty, Inc d/b/a Rainbow Store No. 186
9/7/2017 BCC Resume regarding Rainbow Store No. 186