Subject:
Title
First amendment to sublease addendum of warehouse space for the Convention & Visitors Bureau from the Florida International University Board of Trustees.
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Recommended Action:
Recommended Action
Approval and execution by the County Administrator of the first amendment to sublease addendum (First Amendment) for additional partitioned air conditioned warehouse storage space (Premises) for the Convention & Visitors Bureau (CVB) from the Florida International University Board of Trustees (FIU), for purposes of storing marketing items in a location convenient to the CVB corporate office at 8200 Bryan Dairy Road, in Largo.
Body
Strategic Plan:
Foster Continual Economic Growth and Vitality
4.6 Support a vibrant community with recreation, arts and culture to attract residents and visitors.
Deliver First Class Services to the Public and Our Customers
5.2 Be responsible stewards of the public’s resources
5.3 Ensure effective and efficient delivery of county services and support
Summary:
This First Amendment expands the rentable square feet (RSF) within the Premises from 828 to 1,872 square feet and adds an additional pallet rack of storage consisting of three (3) shelves. The additional storage space and pallet rack are needed to accommodate additional marketing material storage.
Background/Explanation:
In September 2017, CVB relocated their warehouse storage from the Epi-Center to the existing subleased location at FIU in order to facilitate a reduction in employee travel time to the warehouse and provide 24-hour access to stored items. After the relocation, the Sports and Events Department created a new Activations Team to attend and support sponsored sports events. The team is required to market the destination and does so with marketing and promotional materials. Additional storage space is necessary to accommodate the marketing and promotional materials.
With this increase of 1,044 square feet in storage space, the total square footage of 1,872 square feet represents a smaller footprint than what was previously leased at the Epi-Center warehouse (1,978 square feet). To create a more efficient use of the FIU warehouse space and to accommodate growing storage needs, vertical pallet shelving is being installed.
The original sublease addendum commenced July 1, 2017 for a period of 60 months. The sublease addendum may be terminated annually by providing thirty (30) days’ prior written notice. National Forensic Science Technology Center, Inc. was acquired by FIU effective January 9, 2018. The warehouse is located at 8285 Bryan Dairy Road, Suite 125, Largo.
Fiscal Impact:
The annual rent will increase from $16,434.00 to $36,216.00.
The source of funding is the CVB operating budget.
Delegated Authority:
Authority for the County Administrator to sign this first amendment to sublease addendum is granted under Code Section 2-62(a)(2).
Staff Member Responsible:
Andrew W. Pupke, Director, Real Estate Management
Partners:
Convention & Visitors Bureau
Attachments:
FIU-1st Amendment to Sublease Addendum
CVB Sublease Addendum with NFSTC
Location Map
NFSTC Lease at Bardmoor