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ADDENDUM TO COMMERCIAL DOCKING PERMIT ADDENDUM TO COMMERCIAL DOCKING PERMIT THIS FIRST ADDENDUM TO TIJE COMMERCIAL DOCKING PERMIT is made and entered into this /~day of 1-~, 2005, on behalf of the CITY OF CLEARWATER, FLORIDA, a municipal corporat on, hereinafter referred to as "City" for CURRENT COMMERCIAL DOCK PERMIT TENANTS AT THE CLEARWATER MUNICIPAL MARINA. WHEREAS, City wishes to make certain changes for current Commercial Tenants who hold Commercial Dock Permits at the Clearwater Municipal Marina. The City agrees to add the first addendum as of January 20, 2005 pursuant to the terms described herein. NOW THEREFORE, the City agrees to the following: 1. Section 9 of the Commercial Docking Permit shall be added as follows: SALE OF COMMERCIAL VESSEl(S) NAMED IN DOCKING PERMIT: Tenant shall be permitted to sell tenant's business and assign the agreement rights and obligations to a new tenant. In such case, the new tenant (purchaser) shall be restricted to operate the purchased business and tenant's vessel. Any change will be at the discretion of the Harbormaster. This provision authorizes only a bona fide sale of the business. The City reserves the right to review documents related to the sale to verify that the sale is bona fide. A transfer fee equivalent to three year's base rent in effect at the time will be imposed. Exceptions: No transfer fee for current businesses at this time. The transfer fee will be readdressed at the time of the makina of the new Marina Business Plan in 2008. No transfer fee for a business sold to a boat captain or crewmember. with proof of beina with the business for five years or more. A transfer fee eauivalent to three years slip rent fee will be collected at the time of a sale for any business desirina to chanae the business from its current form to another type of business. with the Harbormaster's approval of the chanae. Addendum to Commercial Docking Permit 01-20-05 IN WITNESS WHEREOF, the City has set their hands and seals the day and year above written. Cou ntersigned: -I~ j/ ~ 'Fra'nk V. Hibbard r Mayor ry D. Ruff As' istant City Attorney CI~ By: William B. Horne, II City Manager Attest: ~2lk .-'> Cyn a E. GOO. ~eali--:- , City erk -::-_ QOCft 'Addendum to Commercial Docking Permit 01-20-05