Memorandum of Lease.pdf

7/27/2019 Memorandum of Lease.pdf

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MEM.OUNpUIT{ Or LE+-SETHIS MEMORANDUM OF LEASE is made and entered inro 26i" zTbary

of June' 1986r by and between the CIIY OF PENSACOLA, FLORIDA, amuniclpal corporation (hereinafter referred to aa rLessor'); andFLORIDA SUN fNTERNATfONAL, fNc.. a Florida corporatlon (herelnafterreferred as the 'Lesseet ).

W I T N E S S E T I':FOR AND IN CONSIDERATIoN of the sun of fen DollarE ($I0.00) and

other good and valuable considerations paid by Lessee to Lessor, thereceipt and sufficiency of which are hereby acknowledged, and thenutual covenanls and agreemenle seC forth in that cerlain Pitt Slipltarlna Lease Agreement, dated sept,ember 18, 1985, by and between theLessee and the Lessor. as anended by.that Amendrnent to Pitt SlipMarina Lease Agreement dated October 17, 1985 (hereinaftercollectively referred to as the 'Lease') r the Lessor demises to theLessee, and Lessee hereby feases fron the LeBor those certainpremises lying and being at Pensacolar Escambia County, Fl.orida,which premises are more particularly described in Exhibit'A'attached.hereto and made a part hereof. hereinafter referred to aBthe rDemised Premlses", upon and subject to the covenants andagreements set forth in the Lease for a prlmary term of thlrty (30)years as to Parcels I and IIf, commencing on the 18th day ofsepternber, I986, and twenty-seven (27) years as to Parcel I-Acommenclng upon approval of the Lease as it relates to Parcel I-A bythe Trustees of the Internal Inprovenent Fund.

The Denlsed Prenises shalJ. be used by tbe Lessee for the purposeof consbructing, maintaining and operating a rnarina complex. It ispresently anticlpated that the Lease will be assigned to PensacolaMarina, Ltd., a t'lorida Iimited partnershipr of whlch the Lessee isthe sole general parbner.


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(/Gartlficttlon June 17, 1986for Agcndr ltcm 24?egr TvoSttff har 16v1sv6{ thfClty tub|||ltt documcnttDoccr$cr 31, 1984.RECCI'i/|ET{) -AP PROT,AL

lNwlTNEssltt{EREoF,lhevchortunto'!tnyhrnd.ndrfflrodthas.rIofthoBoerdof Trustrc, of tho Int.rnrl lmproyqnrnt Trurt Fund thlr 17th day of Junc, A"D' 1986'

sE\r

sublcr!G rnd r.Gormcndcd rpprovll vlth thr condltlon thrt th'vorlfying thc Herbour CorPorrtlon tublc'3c var t'rminltGd on

I

\

ludv Kt Brooks, Adnlnl ttrltlvcDlvtrt':n of Staqc LendsDcpettmont of Neturel Rfrottrcct


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'n-. t r.;srnu i,t ENT PREpAREDJrrHN \Y. FLg!.'ilNOAJ:I5.I"{N'T CI'IY ATTORNEYP. O. UL''X l?9taPENSACOLA, FL )Z'ZL

STATE OF FLORIDAeVurt r r Jt

AMENDEP_ NOlrcE 0F LrMrrAfroN o.F gs.F

Certainpropertylyingandbeingsituatewi-.hinEscanbiaCounty, Floridar Eo-wiE:

Block 6 and the East I05 feet of Block 5,tfaterfrone Tractr City of Pensacolar EscanbiaCounf,y, Floridar together with the vacatedrignt--of-way of'l.la;ns StreeI J-ying between saidblocks,has been acgulred or developed with SEabe tlnanCial assistanceprovided by tire Divigion of Recreation and Parks of'.he FlortdaDeF.artneni of NatUraI B.escurces Jn accordance wiEh the elorida {'

irl..:.e:i 4tn t-aer.rc'! apnent A93iEttn..e PrOgraln. Purguant tO a f egulf enent. vv I v4 vlof that prograrn, this ProPeruy may nob be coverled Lo other puUiicoutcloor recreatlon uses (wheCher by transfer, salel or in any otherrnanner) without the express written approval of t'he Executi'veDirecgor of tshe DepartmnE qf Naturai Resourcesr Uoirrss i-ii eiii:iEecont,ribution fr.om Ehe Florida Recreabion Development As3igtanceprogran is returned to che DePartment. By lanf che ExecutiveDlrecbor ehall approve such convereion only if he finds 1E Eo be inaccord wiEh the Ehen existing conprehensive statewide outdoorrecreer-lcn pl,an and onl1"rpo^ srrch conditions as he deems neceagaryEo assure ihe Substitution of cther recrea:ien properlies of at leastequal fair rnarket vafue and of reasonably equiValenE usefulness andlocat ion .

This noEice amends and supercedes that certain notice oflimiEatlon of uEe recorded tn Official Record Book 1408 at 909 of, EhePublic Recorils of EEcambia Count'y' FIorida.

46a-aA..,

TI|E CItrY OF PENSACOIJA, FLORIDA,a uruniclpal corporationr-ffi-M-enager

, r'' .+i .-:ri' t' ''t/ !!.. I'BYr lESx'H

'i.{\*Hr,\

By

;!o

ABst.


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! loltN v. FLg:'ltNG,'.:,r,.i.r i Ulf l AJTORNEY,. i. rla\ i;9|,cPE.\-SACOLA, tL '152r

IN II{E CIRCUIT COURT IN A}ID FOR ESCAI{BIA COUNTY LORIDACITY OF PENSACOLA, a municiPalcorporatlon of Florida'

Plaintiff,REA-LTY TTOLDIT{G, I}IC. , Acorporacion for profic 'Defendant.

\))\)))))I

Case No. 77'3804-CA-01CAPITALFlor!da

g\TIsFAqgIoN, 0F J.uDopNT :' ''$,lOW ALL l'!EN BY THESE ?RESA\TS ' that I ' Rlch::rd ! ''.'lgr!reid, n1qr.1155" ae at'.oiilzi cE record for the defellCenE jCapttal Reelty Holding, lnc' in che above-styled car:sE' dohereby accePt ful-I and couplete setisfaction of thaE certain0rcicr Awcl.l!ng i.Ecorrreys Fees srrd Costs heretofore enEetedirereln on iarruar:t 5, t983 Ln the sr'o of $55'000 as ettor'neysiee and $9,U'7.30 as court costs; and the Clerk of said Courtis hereby auchorized anri riirected io t:occ :he satisfaction a::'dcancellatlon cf said jucigotnc of racord"

IN WIrNESS III{EREOF, I, as actorney cf record for chesoid Defendatlrs, have hereEt'r seit{llt har:d ''md seal- ag Pensacola'.|r,/Escmbia courEv. Florida, chis !' day of March' f983'

(904) 432-146L -egtoiteY for DefendantSTATE OF FLORIDACOI'NIY OF ESCAI.IBIA

of.Flortda at--2.*tzEE'/ry

,ii'1.-p"iarox sueei- --i"""aio1t, I'torida 32501

BEIORE ME,. ehe undersigned authoricyr. Per1g*Utlv appearedRICHARD p. $TARFIELDI- *.fT knowti co-tl-ii-Ue' irrb attorn"l oi' recordfor Ehe Defendanr ;; ;ia-"il;.,"-"iyr.i ;;";;

;ii; lelno.wti_aged^beforeme rhe execurion .;*dil\a;;iqtqi'sarisfacrion of _jldg*.rt to oehis free a'd vot,rnl.fr-"ii$14-q!:e^Ei"::::G"i and lu4osee andli".f,I=i"ijl.i-fiill"L-Ji"{a and ",rPressed' ^r,/d oruo, *u"trg[3]*u X|rrycial sear tt'Ls 7 "F dav or% xd,a;n ({M. -ey6Pl--e;t/ttlf7


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f ftii i.,: rrr.v_ t-"vt. /.1'?r lffa. nt nY.: tN ltaE cltcutr couRT OF TttEi.r.i ,. ..aLIVt{pTl rlrlolcllt ClPfiil?,'.r,.,.o,'r;|r..ffi oApoR DADE COUNTY,/{cAsE No, t7-ro?ol Q4l/'{.,UDGI GRDSSIIAN}STrrF Of nORIDA DEP Rn|El{T rOI NITUi,Ni RESOUNCES AND TI|E'rlwgTlE8 0r Trrl INTERXAL T:r|.rnovEllutlt Tnust FrtND.

?etltiotrcrs,Yt,G.i-9!!l-r!-?!il 35t, a iiorirlaCOlIDartlon,

Rearrud.lent.

rygg-ftsal.- r.utslEillAfter a iury trtdl iD thr ahorre-.ii!-a .!uic rnd afti

Pgtt-tsill ootiotrr ude try the ReEpondent. this court 3nteredr ttnrl judgrenb Ln the rbow-ltylad cqur. on th! loth day oflgril, tr78.8inc. thc lntry ol th. above-hentioned fhal ,udgBnt,tht prrt'lG! hcrcio haw rtlpulatd concerning lhe v!lu! of tha

Prop.Ety rhlch 9!r trken in thoaa proc.dlnga and qlle arFunt of!,Dtenrt dn6, uhich lFsts !r.9a,l?5,000.00 for the valu. otth. t.nd. ard S1.t52.108.22 tor the intarcrt, thlch tnowt3 hlvebcan prld to tha Rctponailnt by thc Patttionrrs.tl lS lllER8utoll onoERED AI.ID AoJUDGED !3 follovli

l. Tlro Coult rcceptt the stiPutrtlon d.ted th6 l6thdry ol Junc, l9?8 betrcen lhc prrtlar hef.to.

' . I' This Court re!e!v!! jurisdictic^ of this clulr fort'lr. Purpoaca ot trardlnt @3ts, lttohcyrr fo?r and such otltcrrattcra rt nlghg gropcrly Core betotr thc Coqrt.

,,, ioors nl4ffiI


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,, that title to thc tollewing rhncrrhe.l ',(ot)rr'.'nij. ti..L isnri ryin


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+c -tL( cc ut'(jjct' c( tY\crlj (l''-- rL( ! v.l- ,rJ( i t cCtr(dur'7 EXHIBIT'A"r. ,.J-lPARCEL I: ;V-.Eegin ar the southwest corner of Block,,q,,,h'+,IEB[RoNTvaccord]ng to map ofcrty of pensacola by Thomas c. watsonrTrilt{Fg:t\aid porn._ also ueingthe lnrersection of the Easterry right-ot.-{ay rine of aarrack. str".t(60'n/w) and the Northerry right-of-way48fVienolia srreec (oo, R/w),thence 90 liorth 79o25 '49" East arong the aforesaid Norrhe:!y right-o:

way r:"ne a distance of r75-0o feet; thence go North 1oo34,ll,,west adrsrance of 280,0o feet; thence go North 79ozs,49,,East a ii.stance ofI35.00 feet; ..hence go Norrh l0o34,rl', west a ciis:ancc_ or- lo,o0 feet;thence go North 19o25'49" East e distance ot, g27,0g feet; :hence gosouth I0'34'11." East a distance of 3ro.o0 feets; thence go south s6"3+,:0"l.IEs: a i:s:anee of i9r - 36 f ent: thence go south 7go 2s, 49,, ;.rest a ciEt,anceof 347.08 feetr t,hence go south 10'34'l| Easr a di.stance of 9s.oo feec; -thence go south 79c25'49" west a distance of \23.0o f,eer; ihence go:lorrh Loc34'i-1" vgest a distance of lo0.0o feet; thence sourh 7g"2,,49"'^le3t a disgqncp^of 487^.,Qo feet to the northrest corner of Biock 17wATERFRoMrti$eid' pointffEEing che intersection of rhe sourherly richr: * {Lqc,f,-way Iini of Magnoiii Streat (60' R,/vr) ar,.c{6ac..erIyrF,*h!:ot-*"id'3f r.jp.:+Larrar)rs st,reeE; rhence gc North lco34,l-i,' liest "ro"{9tiS5ffi9tt"riyisht-of-wae linc : digtEncc cf 6C.CC feec to '-tte Foi.n: cf la;i. -.Lr:!!\-,;,.said parceL :.s siLuated in seccion 46, Township z south, Range 30 wcst.Escambia Crunt.y. Florida,+I^Ess ii]!D ExcgPt tiat portion vi a oepertnnt of franiportation drainage eaEenenc in---)a i)ort'sn of ceda! and Alcaniz ."ttl"-"., \.,,a:r-PARCEL IA: . ,co\ .NJ tW- \' .A.r.i cf Lots .l io jC, (loth inciusivej Lots 2t and 22 end t,h*!,Jest 20 Jeetct Lots !.1 co 20,{bocir inelusive):n Block 8 h?TERsRcxrfiitlorainq tomap of ciiy of Pen'sacora copyriEiitcd by Thomaq c. watsoritrn 1906, moreFartitule:li'.3c:cr:beri as--f++isrrrst_gsrn 4_tILe_northvrest corns= qt__ *>said !te:t: if*-poi,,ifF"i.,s rt i;-rseeri6n ci-;ria ;;;";;ti-i:;n-* tof -way }ine of Barraeks street (50'R,/?J) and Lhe sor.rrh rig r-of-wa-v l:neui t:e635 >cteet- t6o'r7t't1 ; then;e gro iiorth ig"23'49" Sast aj-eng Lire h'.rr+rhltne 9i cha. aSoresai.i aloc)< B a a.:gance of I75.00 feetr thence go Souti.10"34'r1'Eaet a distance of 250,00 feet to a point cn r-he socrth line-i :i,q -i.rr-raiqi Bio4'(. B: thenee ga South 19"25'49" '.'!esrt al:r;. :.1.e,. I,:i:ca:'.:: scuth Line a JisLarrce -i i75.00 feet to a polnE, on r.ne ntoru-ti.-r^-Easterly right-ofnway Ii.qe 3f Barracks 3'i!EL; Lhence go l,loi.tn LC"34'il'west along saiaal$!'t*tfrright-of-,eay line a discance ot, 23o.oo feet tothe poinC of beginnj-ng. The above dcscrj.bed Farcel is situated !nSection 46,r Township 2 South, Range 30 West. Escambia Couney, Plorida.c^Nd eo,,:+d\,ns 1-ooV C,tcM!PARCEL rrr: L "\'' \-tl-e'a-\atr of Lots r to e, (u$rrl".*"t".) Lors rr to 14,G" ,\-*"!""r"J, anda porrion of Lor 2l Flock 17, aII o( Lors I ro 4, (bofh'iirtslusiveJ anda porrion of Lors tr to r+.(rphfihdlusive\ in ar;cx tA, and 3 poreionof Adams street, wATERFRoNTFtttSraing ro riap ot city of pensacola,copyrighced by thomaa'C. watson in 1906, more particularly describei.^-r_i_ !,as f,orlows: Begin at the northwest corner of Brock 17 I|ATER FRoNT,('/in-' nsaid polnt being the interscction of the Easterly right-of-way lineof Earracks Strcet (60' R/w) and the Southerly right-of-way line oMagnolia SCreet (5O' R/wl; thence go Nofth 79'25'49', East along theaforesaid southerry right of way rine of Magnolia street (50'R,/w) adist,ance of 487.00 feet; thence go seuth roo34'rI" East a distance oftoo'oo f,eet; thenee go south 79"2s'49" west a distance of,4B]..oo feerto a pqint on the aforcsgid Easterly right-of-way of Barrackg SEreet(50'RAt); thence go North lOo34'll" lrlest along the a foresaid Easterlyright-of-way line, ef, Baqracks street (50.R/U) a distance of loo.Oo fectto thc poinc of beginnJ.ng. The abovc dcrcribed parcel of land issituated in S.cction 46, Totrrnshi_p 2 Sorrth, Range 30 Wese, Escambia County,slorida, o,r,s d q ol+{ rrrsS I - I ttr C\ Cl_q.S . "


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I'

ME!{ORAI{qUM OF tEAsE

TI{IS ME!{ORANDUI'I OF LEASE is made and entered into this-

dayof Juner 1986r by and between cbe CITY oF PENSACoLAT FLORTDA' amunlclpal corporation (hereinafter referred to as 'Lessor'); andFLORIDA SUN INTERNATIONAL, INC.. a Florida corporation (herelnaflerreferred as t,he 'Lessee').WITNESSETH:

FOR AND IN CONSIDERAfIOIi of the sum of Ten Dollars ($i0.00) andother oood and valuable consideration paid by Lesee to Lee.sorr theSecelpt and srrff iciency of rrrhleh are hereby acknov'ledged' end thenrutual covenants and agreements set forth in thaE certaln Pitt SiipMarina Leae Agreemen!, daced september 18, 1985, by and between EheLessee and the Lessor, as amended by that AnendftenE Eo Pitt SIlpMarj.!ra Lease Agreenenl dated octcber 1?. L985 (herelnaf:ercollectively ref,erred to as Ehe'Lease')r the Lessor demises eo EheLcsFee.. tn.'l LesFee hereh!, tea.ses f ron the Lessor t!:ase eertalnpremises 1:ting and being at Pensaeolar Escanbia Count]', glorlda;whlch prenises are more particularly described in Exhlblt 'A'aqfar!.ed ilereto and made a part hereof,r hereinaft:er referred:. asthe rDenised Prenises", upon and subject to the covenants andagreenents set forth ln che Leaee for a Prinary term of thirty (30)years ag to Parcls I and IfIr c9firfiociog on Che ]'8th day otseptenber, 1986, and twenty-seven (27) years as to Parcel I-Acoilmencing upon approval of Lhe Lease as 1t reLaLes tO parcel I-A bythe Trustees of Ehe Internal rrnprovement Fund'

The Dernlsed Prenlses shall be used by Ehe Lesee for the purposeof constructiogr malntalning and operating a marlna complex' It igpresenEly antictpated that the Lease wlll be a8signeil to PensacolaHarina, Ltd.' a Florlda llntted partnershlp. of rhlch hhe Lessee isthe sole general Partner.

.. ru


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Thls Memorandun Of Lease is executed for t.he purpose of glvingnotice of the exi.stence ot the Lease. Reference is nade Eo theLease for the fufl descripcion s5 the rightsr obligatlons andprivll,eges of the Lessor and the Lessee thereunder,.and thlsMenorandUn of Lease shall in no way affect the Eerns and condiElonsof the Lease oE any amendments thereto, or the interPrecation of therights and duties of the Lessor and the Lessee thereunder. thisMemorandun ls not a revision or rePlacement of the Lease and i'sbelng recorded for the purpose of giving notlce es set forth above.

INI.JITNESSWHEREoF,thlsMenorandumofLeasehasbeendulyexecuted b!, the LessoE and che Lessee under seal as of the day andyear flrst above lrritten.

CITY OF PENSACOLA,a nunlclpaL corporation

FLORIDA SUN INTERNATIONAL, INC.

Aw:----FiTri1-T-eE',1Lil-lir.7-piEEl?encAhteEt:

eEarTes T; Coleson' SecreEarySTATE OF FLORIDACOUNTY OF ESCAIiITIA

I ITEREBY CERTIFY that on this day personally aPpeared before metan of,ficer duly authotized Eo adminlscer oaths and t8keacknowledgilents, Rodney L. Kendlg and shirley F' Law, City ManagerAss{stantanOlt-rl]-Cilir, resPctively of the crrY oF PENSACoLA' FLoRIDA' anuniclpal corporatton, to me !,ell knor*n to be the Persons ilescribed

I

Atiest:


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tin and $tho execuEed the foregoing I'temorandum of Lease and dulyacknowledged before me Chat they executed Ehe same for Che PurPosesthereln expressed.

IN WITNESS WIIEREOF, I have hereunto seg ny hand and affixed nyofficlal seal this day of 1986.

NoEait-T[bll-c -(NOTARIAL SEAL) MY Connission ExPlres:STATE OF FLORIDAcouNTY qF EscAl4BIA

i HdREBY CERTIFY that on thi.s day personally appeered befote meran ,tif .Lcer duly authorized to admj'nister oaths and take :acknowiedgmenta, Willian A. Feadleyr .Ir. and charles K' Coleson'Preslitent and Secretary, resPectively of FLORIDA SUN INTERNATIONAr',INC. , a Florida corporation, to rne well knosn to he the person.sdescribed tn ancl r,rho executecl the foregoing Memorandum of Lease aodduly acknowledged bef,ore me t.hat they executed the EtaP f^r ihepurposeg thereln expreaaed es the act and deed of sai,d corporatlon.

IN WITNESS 9|HEREOF, I have hereunto set tny hand snd affixed myofficlal seal this day of 1986.

(NOTARTAI, SEAL) uY Cornnission ExPireE:


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EXHIBIT'A"PARCEL I:Aegin at the aouthwest corner of Block 8,I{ATERFRONT according to map ofciiy of pensacola by Ttromas c. watson in.L906, said pornt also being.Ehc intersectsion of the EagLerry right-of-uray Iine of Barracks street(60,Rn) and the Northerly right-of-way of l.lagnolia street (60' R,/W) tthence go North 7gc25'49" East along the aforesaid Northerly right-ofway line a distance of 1?5.00 f,eet; thence 90 North I0o34'II" Hest adiirance of 280.0O feet; thence go North 79"25'49" East a distance ofI35.OO feet; thence go North 10034'Il" West a distance of 30.o0 f,eer'tthence go North 19"25'49" East a distance of 821,08 f,eet; thence gosouth t6're'Il" East a distance of 3I0.00 feet; thence go south 59'34'30"west a dtslance of I9l.38 feett ghence 90 South ?9025'49" West a diEeanceof 34?.08 feet; thence go south 10'34'II', East a dist,ance of 95.00 leettthence go Souih 79'25'49" West a distance of I23,00 feet; thence goNorth 16o34'II" West a distance of 100.0O feett thence South 79"25'49"glest a distance of 487-OO feet to the northwest corner of Block 1?WATERFRoMT, said point being the intersection of the southerly right-of-vlay line of Hagnotin.i:Street (60' nz'w) and easterly right-of -way ofBarracks Streetr ihett"*.'go Nortb IOo34'Ll" west along said Easteriyrlght-+f-uay -line a dj.'itanee nf 60.00 feet to f-he poin*- of heginnrng'""Id p.t""I is situated iq Section 45, Township 2 South, Range 30

wcst,Escambia County, Florida,.IJSS i|!ID EXCEPT lhat portion o! a Dep{rtr$ent of tran6Portation drainage ersetnent Lna Portion of CeCar and Alcanlz Strt'PARCEIT IA :AII of, lrots I Co IO, lroth lnclusive, Lota 2l and 22 anct che $lesc zlJ teetof Lots lI to 20, both inclusive, in Block 8 VIATERFRO!'IT, accorctlng tonap of City of Pensacola coPyright'ed by Thonas q' watson rn 1905' morepalticul.arly descrlbed as fottows: Begin at the nqrthuest eorner of-sai,C elocv 8, said point. being the intersection of the Easterly right'-of-way line of Barracks Srreet (60'R/w) and the South ri*rt-of-$'ay lineof cn,lar sLl'eet (60'R,/"J); thence go iiorth 79'25' 49" East a1oa9 the NelthIine of the aforesaid Block I a di*ance of I?5'OO feett then(:e go Southloo34,lI. Eaet a distance of 250.00 feet..to a Point on the South Iinecf the aJs:esald glcc!'- 8; tlrence 9o soulh 79a25'49" Hest along theaforesaid south iine a .listance o: :':g'Co feet tc a Pci:lt- o:: *-ha -- ^-EasteEly right-of-way llne of Barracks streett thence 90 North loe34'11"liest alonE said Eastlrly right-of-way rine a dis-,ance ot 250.00 leec trcthe poinc of beginning- Ttre abave dtscribed parce! is situated insection46rTorrnship2south,Range30west.Escarnbiacounty,Florida'PARCEL III:ArI of Lots r to 4, both inclusive, Lots IL to 14' both iirclusive' "1da portion of IJot 2l Block 17, all of Lots I to 4' both incrusrve' anoa portion of Lots I1 to 14, both inclusive, in Block I8, lnd a Portionof Adams street, WATERFRONf, according to map of Cit'y of Pensac6la' ^copyrighted by Thonas c. watson in ie6g, morl particularly describedas- ioliows: begin at the northrrest corner of BLock 17 l'tATER FRoltT'said polnt being the intersectioD of the Easterly right-of,-t'uaY lil:of, Barracl

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Memorandum of Lease.pdf