SECOND AMENDMENT TO DEVELOPMENT AGREEMENT- THE RING WORKSPACE LLC - 600 CLEVELAND STSECOND AMENDMENT TO DEVELOPMENT AGREEMENT
THIS SECOND AMENDMENT TOSEVELOPMEI AGREEMENT (the "Second
Amendment") is made effective this I$ day of A,pil, 2620, by and among the The
Ring Workspaces, LLC, a Florida limited liability company ("the Developer"), and City
of Clearwater Community Redevelopment Agency, a redevelopment agency
established pursuant to law ("the Agency," and together with the Developer, the"parties" )
WITNESSETH:
WHEREAS, the Developer and the Agency entered into a development agreement
(the "Agreement") dated October 30, 2017, whereby the Developer did agree to develop
the Project as that term is used in the Agreement; and
WHEREAS, Clause 11.09(c) of the Agreement provides that the Agreement
cannot b9.changed or revised except by written amendment signed by the parties; and,
WHREAS, the parties do, in fact, wish to change and revise certain aspects of
the Agreement;
NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Exhibit I to the Agreement is amended is shown on the attached amended Exhibit
2. Remainder of the Agreement Unaffected. In all other respects, the remainder of
the Agreement shall remain in full force and effect. Any portion of the Agreement that is
inconsistent with this Second Amendment is hereby amended to be consistent.
3. Headings. The headings contained in this Second Amendment are for reference
purposes only and shall not modify or affect this Second Amendment in any manner
whatsoever.
4. Counterparts. This Second Amendment may be executed in counterparts, all of
which together shall constitute one agreement binding on all the parties hereto.
IN WITNESS WHEREOF, the
Amendment to be duly executed on the
AS TO THE DEVELOPER:
Agency and the Developer have caused this
day and year first written above.
14orp4. u. s
THE RING, LLC
Name: Oa hi Q N s l" k.crd eV S
Title: Mo. *tape
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AS TO THE AGENCY:
Countersigned:
CITY OF CLEARWATER COMMUNITY
REDEVELOPMENT AGENCY ("CRA")
•,,ilk V. Ntbbar , CRA Chairperson T manda Thompson, CRA Dire tor
Approved as to form:
Michael Fuino, CRA Attorney Rosemarie CaII, City Clerk
Attest:
a.
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Exhibit I
CO -WORK MEMBERSHIP PLAN FOR CITY OF CLEARWATER AND SMALL
BUSINESS SERVICES PARTNERS
Location: Second and Third Floor
600 Cleveland St.
Clearwater, FL 33755
Contact: Daniels lkajevs, Owner
Email: dikaievs aa.aol.com
The following proposal is offered to the Municipality of the City of Clearwater and is
effective after the Development Agreement has been approved.
TERMS:
Membership Plan
Square Feet
Floor
Term
Cost
Approximate Value
Executive Suite
80
2nd Floor Suite 205
Five years from date of occupancy
FREE for duration of term
$70,000.00
THE PLAN INCLUDES:
• The Ring onsite Community Manager Monday — Friday 8:00 am — 6:00 pm
• 24/7 access to Executive Suite on the 2nd Floor of The Ring
• Free Parking (available on a first -come -first-served basis)
• Free Mailing Address
• High Speed Secured Internet
• Paid Utilities (Water, Electricity, Cable)
• Print/Scan/Fax/Copy Services
• Telephony Provisions
• Unlimited Access to 3rd Floor Main Conference Room with reservations available
on a first -come -first-served basis
• 30 hours/monthly of Conference Room Bookings (Ring Multi -Media, Senses, Zen
Conference Rooms)
• Ergonomic Furniture (1 Desk, 1 Task Chair, 2 Guest Chairs and Mobile Filing
Cabinet/Storage Pedestal
• Tier 1 Priority Access to all Networking Events, Exhibitions, and Workshops
• Free Mind, Body, Soul Classes, Yoga and Self Defense Classes (TBD)
• Weekly Networking with over 100 Businesses
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