CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Other
For Meeting of:
January 23, 2017
District: 1 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : No Draft Only: No
Grant Received by City?: No

Subject:
Third Amendment to the Premises Lease and Use Agreement between GOAA, and All Aboard Florida

Summary:

The Greater Orlando Aviation Authority, "GOAA" and All Aboard Florida-Operations, LLC, "AAF", entered into the Premises Lease and Use Agreement, "Agreement", on January 22, 2014.  The Agreement provided for AAF''s construction of facilities, and use of property, at the Orlando International Airport, "OIA," for rail station purposes. (GOAA controls the OIA property, which is owned in fee simple by the City, under the terms of the Amended and Restated Operation and Use Agreement.)  GOAA and AAF desire to amend the Agreement to address changes to the primary infrastructure allowance costs, arising from the delay in the initiation of construction.  The City is not a party to the Amendment but will execute a  Joinder to evidence its consent as the fee simple owner.     


Fiscal & Efficiency Data: N/A

Recommended Action:
Approval of the attached Third Amendment and authorization for the Mayor or Mayor Pro Tem to execute same, subject to review and approval by the City Attorney's Office.


Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Roy K. Payne, Esq.
Approved By:

Department Date and Time
Budget Outside Routing Approval 1/12/2017 1:58 PM
City Clerk 1/12/2017 2:16 PM

ATTACHMENTS:
Name: Description: Type:
DOC011317-01132017160003.pdf Third Amendment Backup Material

"Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner."