2001-051 Amends Lease w/J.E.D.L. for NPBCC Restaurant• RESOLUTION 51-2001
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH,
FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO
ENTER INTO A THIRD AMENDMENT TO LEASE AGREEMENT TO CONDUCT FOOD AND
BEVERAGE OPERATIONS AT THE NORTH PALM BEACH COUNTRY CLUB WITH J.E.D.L.,
INC., A FLORIDA CORPORATION, ATTACHED AS EXHIBIT A, WHICH AMENDMENT
AUTHORIZES AN EXTENSION OF TIME TO DECEMBER 1, 2001, FOR J.E.D.L., INC. TO
PAY ARREARAGES UNDER THE LEASE AGREEMENT; AND, PROVIDING FOR AN
EFFECTIVE DATE.
BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA:
Section 1. The Village Council of the Village of North Palm Beach, Florida, does hereby approve
the 'T'hird Amendment to Lease Agreement to conduct food and beverage operations at the North
Palm Beach Country Club with J.E.D.L., Inc., a Florida Corporation, attached as Exhibit A, which
Amendment authorizes an extension of time to December 1, 2001, for J.E.D.L., Inc. to pay
• arrearages under the Lease Agreement.
Section 2. The Village Council does hereby authorize and direct the Mayor and Village Clerk to
execute the Third Amendment to Lease Agreement with J.E.D.L. Inc. for and on behalf of the
Village of North Palm Beach.
Section 3. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED THIS 24th DAY OF MF
(Village Seal)
ATTES ~ ~ -
• /
.~ VILLAGE CLERK
• THIRD AMENDMENT TO LEASE AGREEMENT
TO CONDUCT FOOD AND BEVERAGE OPERATIONS AT
THE NORTH PALM BEACH COUNTRY CLUB
THIS THIRD AMENDMENT is to that certain Lease Agreement to Conduct Food and
Beverage Operations at the North Palm Beach Country Club dated the 29th day of October, 1999,
by and between VILLAGE OF NORTH PALM BEACH, a Florida municipal corporation, hereinafter
called "VILLAGE," and J.E.D.L., INC., a Florida corporation, hereinafter called "LESSEE."
WITNESSETH:
WHEREAS, VILLAGE and LESSEE are desirous of amending the Lease Agreement in
various respects as hereinafter set forth in this Third Amendment.
NOW, THEREFORE, inconsideration of the premises and of the mutual benefits, promises
. and agreements herein contained, it is agreed as follows:
1. VILLAGE and LESSEE acknowledge that in the Second Amendment to Lease
Agreement between the parties they established the amount of rent that Lessee was in arrears for the
fiscal year that commenced October 1, 1999 and expired September 30, 2000 and the additional
arrearage of Lessee for payment of ad valorem taxation on subject leased premises for the calendar
year 2000. Lessee was to pay all of such arrearage in six (6) equal, consecutive monthly installments
with the first installment to be paid January 1, 2001.
2. VILLAGE and LESSEE hereby agree that the remaining balance of the arrearage
specified in Paragraph 1 above is $4,827.74 and VILLAGE does hereby grant an extension for
payment of the balance of arreazage as follows: LESSEE shall pay $2,413.87 on November 1, 2001,
and the remaining sum of $2,413.87 on December 1, 2001. VILLAGE agrees to waive the ten (10%)
percent penalty on the remaining arrearage as set forth in Paragraph 22(II)(H) of the Lease if the
remaining balance is paid by December 1, 2001.
3. All terms and provisions of the Lease Agreement, First Amendment and Second
• Amendment to Lease Agreement between the parties that are not specifically in conflict with this
Third Amendment shall remain in full force and effect.
IN WITNESS WHEREOF, parties hereto have hereunto set their hands and seals on the
.~ day of , 2001.
WITNESSES:
Cn;~e- ~
~~ ~_~ ~.,
z
VILLAGE OF NORTH PALM BEACH