TO: Mayor and City Commission
FROM: Samuel A. May, City Manager
DATE: August 22, 2018
Title
RESOLUTION - APPROVING A RECREATION LEASE AGREEMENT WITH THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA (SBBC) TO PROVIDE FOR THE LEASE OF SBBC OWNED PROPERTY FOR PLAYGROUND AND RECREATIONAL PURPOSES; PROVIDING FOR TWENTY-FIVE (25) YEAR TERM; PROVIDING FOR AN EFFECTIVE DATE.
BACKGROUND: The City of Margate entered into a forty (40) year Master Lease Agreement on September 7, 1978 for the purposes of allowing the City to utilize portions of land (a.k.a. Margate Middle School) owned by the School Board of Broward County. The original lease agreement is set to expire on September 6, 2018, and it is the desire of both the City and the School Board to enter into a new twenty-five (25) year Recreational Lease Agreement. The current use of this land is for the recreational needs of our Margate community, and is utilized for multiple recreational activity and is open to the public seven days a week.
RECOMMENDATION: To approve
FISCAL IMPACT: No additional costs
CONTACT PERSON: Michael A. Jones, CPRP - Director of Parks and Recreation 954-972-6458