City of Coral Gables

File #: 20-1751    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 10/5/2020 In control: City Commission
On agenda: 10/27/2020 Final action: 10/27/2020
Enactment date: 10/27/2020 Enactment #: 2020-247
Title: A Resolution of the City Commission authorizing entering into a Fourth Amendment to Lease with Coral Grand, LLC with regard to the City-owned premises at 997 N. Greenway Drive, Coral Gables, FL, 33134 granting rent deferment for 100% of rent due August 1 and September 1, 2020 and 50% of rent due October 1, November 1, and December 1, 2020 ($95,650.31) waiving any late charges, fees, and penalties provided for in the Lease during the deferment period, and providing for an eight (8)-month deferred rent repayment plan January-August 2021.
Attachments: 1. Signed Resolution 2020-247, 2. Commission Cover 10.27.20 (Coral Grand LLC Fourth Amendment Rent Deferment).pdf, 3. Resolution - 10.27.20 (Coral Grand LLC Fourth Amendment to Lease Rent Deferment).pdf, 4. Fourth Amendment to Lease-Coral Grand LLC CGCC 09.29.20, 5. Verbatim Transcript - CCMtg Oct 13 2020 - Agenda Item E-3 - Reso authorizing entering into a Fourth Amendment Lease with Coral Grand, 6. Verbatim Transcript - CCMtg Oct 27 2020 - Agenda Item I-6 - Resolution entering into a Fourth Amendment to lease with Coral Grand

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A Resolution of the City Commission authorizing entering into a Fourth Amendment to Lease with Coral Grand, LLC with regard to the City-owned premises at 997 N. Greenway Drive, Coral Gables, FL, 33134 granting rent deferment for 100% of rent due August 1 and September 1, 2020 and 50% of rent due October 1, November 1, and December 1, 2020 ($95,650.31) waiving any late charges, fees, and penalties provided for in the Lease during the deferment period, and providing for an eight (8)-month deferred rent repayment plan January-August 2021.

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