HomeMy WebLinkAboutExhibit AAR'f'.FIUR NC)1: EGA \'
City I-;4m.g;E1:. -
Term Sheet
August 21., 2023
Licensee; Flagler Eye Care
Customer #182857
Property: 10 SE 2Fd Ave
Miami, Florida 33131
Area/Square feet: 664 square feet
Type of Agreement: Revocable License Agreement ("RLA")
Effective Date: Upon License Execution by Both Parties
Initial Term: 1 Year
Renewal Date: TBD
Renewal Term: Two (2) one-year renewal periods by official request
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Security Deposit: S3,873.34 (two months nlieinthly use fee)'
Monthly Use Fee: $ L936.67 + Sales/Use Tax
Annual Increase: 5%, increase of monthly use fee and security deposit on October 1,s' each year
Percentage Rent: N/A
Utilities:
Licensee shall pay for all charges for electricity and be responsible for telephone service.
Water and sewerage will be supplied by the Licensor.
*Security deposit inclusive of existing deposit on file in the amount of $1,936.67.
This document serves as a Non -Binding Term Sheet to License and outlines the basic terms of a proposal with City
of Miami for the above subject property subject property. If the above terms are acceptable, please sign below. This
will be used as the foundation of the Revocable License Agreement.
Signature: sr-0
Print —Name: -076
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DEPARTMENT OF REAL ESTATE ANT) ASSET MANAGEMENT
444 S.W. 2nd Avcn.uc, 3rd Floor, Florida 33130 + (305) 41,6-1.45e