HomeMy WebLinkAboutExhibitAMENDMENT NO. I TO THE LEASE AGREEMENT BETWEEN THE CITY OF
MIAMI AND AVS INTERNATIONAL GROUP, INC.
This Amendment is entered into this day of , 2010, with an effective date of
January 1, 2010, by and between AVS International Group, Inc., a Florida corporation (the "Lessor")
and the City of Miami, a municipal corporation of the State of Florida (the "Lessee"), for the purpose
of extending and amending that certain Lease Agreement between the Lessor and Lessee, effective
January 1, 2007 (the "Lease") as set forth herein.
RECITALS:
WHEREAS, the City of Miami Commission adopted Resolution R-06-0700 on December 14, 2006
authorizing the City Manager to execute a lease agreement (the "Lease") between the City of Miami
(the "Lessee") and AVS International Group, Inc. (the "Lessor") for the Lessee's use of 2,000 square
feet of warehouse space located at
WHEREAS, the Lease provides an initial one year term with five additional one-year options, with
any rent increases for the remaining three option years subject to City Commission approval;
WHEREAS, the Lessee wishes to continue to use the Premises in year 2010 and has negotiated with
the Lessor a one-year renewal option at a mutually agreed upon rate of $11.00 per square foot; and,
NOW, THEREFORE, in consideration of the foregoing and of the mutual agreements and covenants
of the parties as set forth in the Lease, Lessor and Lessee agree as follows:
Damage to Premises; Eminent Domain; Indemnity; Insurance: Section 7.4 of the Lease
entitled "Insurance" is amended to include the following language:
"(c) The City of Miami is self insured in accordance and subject to the limitations as set
forth in Section 768.28 of the Florida Statutes."
In Witness Whereof, the parties hereto have executed this Amendment No. 1 to the Lease as of the
day and year first above written.
LESSEE: LESSOR:
City of Miami a municipal corporation The AVS International Group, Inc.
Of the State of Florida
Signature
Pedro G. Hernandez
Print Name
City Manager
Title
Signature
Print Name
Title
ATTESTED BY:
Signature
Priscilla A. Thompson, CMC
Print Name
City Clerk_
Title
APPROVED AS TO LEGAL FORM AND CORRECTNESS:
Signature
Julie 0. Bru
Print Name
City Attorney
Title
APPROVED AS TO INSURANCE REQUIREMENTS:
Signature
LeeAnn Brehm
Print Name
Risk Management Administrator
Title