Subject:
Title
Authorization to extend Lease Agreement with 890 N. Courtenay LLC to complete the C17 Lift Station Relocation and Reconstruction Project.
End
Fiscal Impact:
$300,000 for an 18-month lease, plus an additional $434.42 per day accruing between October 24, 2026, and the date full payment for the lease extension is made.
Dept/Office:
Utility Services Department
Requested Action:
Recommendation
It is requested that the Board of County Commissioners approve and authorize the Chair to execute the attached Lease Extension.
End
Summary Explanation and Background:
The County owns a parcel near the southeast corner of North Courtenay Parkway and Catalina Isle Drive in Merritt Island (the “County Parcel”), on which is situated a sanitary sewer lift station and associated facilities (“Lift Station C17”). The County’s legal access to Lift Station C17 is via easement over an adjacent property located at 890 North Courtenay Parkway (the “LLC Property”) and owned by 890 N. Courtenay LLC (the “LLC”).
The Utility Services Department (the “Department”) determined that there is a need to relocate Lift Station C17 to make it more readily accessible for maintenance work and upkeep. The Department sought to construct a replacement lift station on the adjacent LLC Property to allow direct access from Catalina Isle Drive for future maintenance.
On October 24, 2023, pursuant to Section 125.37, Florida Statutes, the Board of County Commissioners approved a Resolution authorizing the exchange of the County Parcel for a portion of the adjacent LLC Property (the “Exchange Parcel”). The County and the LLC entered into an Exchange Agreement providing for the eventual swap of the County Parcel and the Exchange Parcel.
At the same time, the County and the LLC entered into a lease agreement (the “Lease”) by which the County leased the LLC Property for conducting studies of the site to determine the feasibility of installing and constructing utilities infrastructure, staging ...
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