2. Term. The term of this Agreement shall be for a period of twenty (20) forty 40 years,

City Commission Regular Meeting · 2026-06-02 · agenda_item

This item concerns a scrivener's error correction for Resolution 2012-11, related to an agreement for leased premises. The original agreement, executed on November 21, 2006, has a term of forty years. The lessee is required to begin and complete improvements, including an adoption center facility, within a specific timeframe outlined in Section 6 of the agreement. This is a procedural correction to an existing agreement, not a new project proposal. Therefore, there are no immediate construction or development opportunities directly stemming from this specific agenda item. Businesses interested in future opportunities related to the adoption center facility should monitor related development plans and permit applications.

term

40 years

term

20 years

commencement

1 day

execution date

November 21, 2006