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LEASE AGREEMENT RENEWAL (3)••.�lgeUEDYq*" 4 MARI.NE & AVIATION DEPARTMENT Marina Cantina, LLC ATTN: Frank Chivas 18395 Gulf Blvd., Suite 204 Clearwater, FL 33767 CITY OF CLEARWATER CLEARWATER MUNICIPAL MARINA, 25 CAUSEWAY BOULEVARD, CLEARWATER, FLORIDA 33767 TELEPHONE (727) 562-4955 FAX (727) 462-6957 September 1, 2022 Lessor and Lessee, by mutual consent, exercise the right and option to renew the Lease Agreement, which is dated September 7; 2012 (hereinafter "the Lease") on the same terms and conditions, as amended, and in the amount as detailed in section 5.e of the Lease for a period of five years. This renewal will run from October 1, 2022, to September 30, 2027, at which point it shall expire and again be eligible for renewal. Lessee, no later than thirty (30) days prior to the expiration of the current renewal term, shall provide Lessor written notice of its desire to exercise a subsequent renewal option. Both parties must agree to exercise any subsequent option to renew. If the parties do not agree to renew, the Lease shall terminate. Lessor understands that it would reimburse Lessee for unamortized construction costs if the Lease were not renewed during the twelve (12) year span that commenced on the Lease Commencement Date, as detailed in section 1 of the Lease Agreement. CITY OF CLEARWATER, FLORIDA A municipal corporation and political si4 division of the State of Florida Eric Gandy Marine and Aviation Director 4;:? Jon Jennings City Manager Approved as to form: 7/p2" --- Matthew Mytych Senior Assistant City Attorney • 6,1 /Ldf_yl'�1L2k Rosemarie Call City Clerk Mar'Cantina, LLC ei • /Vedills Frank Chivas "Equal Employment and Affirmative Action Employer"