Subject:
Title
Consent to Assignment and Assumption of Ground Sublease between Harps USA, Inc. (fka Sempermed USA, Inc.) and Asha Retail and Wholesale, LLC for property near the St. Pete-Clearwater International Airport.
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Recommended Action:
Recommended Action
Approval and execution by the County Administrator of the Consent to Assignment and Assumption of Ground Lease (Agreement) between Harps USA, Inc. (Harps) and Asha Retail and Wholesale, LLC (Asha).
• The assignment is permitted through the original Ground Lease but requires Pinellas County (County) approval.
• The Parties to the agreement will execute the Agreement at closing and are requesting the County to sign in advance of the closing confirming the Agreement has the County’s consent.
• All terms of the original Ground Lease will remain unchanged.
• This item has no fiscal impact on Pinellas County.
Body
Strategic Priorities:
Prosperity and Opportunity
5 Foster business growth
Smart Service Delivery
2 Achieve and maintain a high level of customer satisfaction
Summary:
This action allows Harps to assign their interest under its existing Ground Lease for property near the St. Pete-Clearwater International Airport to Asha.
All terms and conditions of the Ground Lease will remain unchanged.
Background/Explanation:
On June 26, 2003, the County, as landlord, entered into a long-term ground lease with Sempermed USA, Inc. Sempermed is now doing business as Harps USA, Inc.
The Assignee, Asha Wholesale and Retail, LLC, is a tobacco shop and convenience store wholesale provider currently located in Clearwater, Florida. They started as a single distribution until and have now become a wholesale distribution center for Tampa Bay. They are expanding and this location will serve as a new distribution center.
Fiscal Impact:
N/A
Delegated Authority:
Authority for the County Administrator to sign this Agreement is granted under Code Section 2-62 (a)(5).
Staff Member Responsible:
Thomas R. Jewsbury, Director, St. Pete-Clearwater International Airport
Partners:
N/A
Attachments:
Consent to Assignment and Assumption - 2025
Lease Agreement with Renewal Options - 2003