KASE LLC

The available records identify this entity, but do not yet include a plain-English role description.

1. Tue, Sep 11 item
   1. RESOLUTION APPROVING, PURSUANT TO SECTION 125.35(1)(B)(1), FLORIDA STATUTES, DEVELOPMENT LEASE AGREEMENT (�AGREEMENT�) BETWEEN THE COUNTY, AS LANDLORD AND KASE LLC (�KASE�) AS TENANT AND DEVELOPER, OF COUNTY-OWNED LAND AT MIAMI EXECUTIVE AIRPORT (�TMB�) FOR A TERM OF 30 YEARS, WITH ONE FIVE-YEAR RENEWAL OPTION CONTINGENT ON CERTAIN CONDITIONS TO EXPAND ITS EXISTING PREMISES FROM 435,884 SQUARE FEET TO 645,088 SQUARE FEET AND DEMOLISH BUILDINGS 232, 233, 234 AND 235 TO ACCOMMODATE THE DEVELOPMENT OF AVIATION HANGAR FACILITIES, A FIXED-BASED OPERATOR TERMINAL, FUEL FARM FACILITIES AND ANCILLARY INFRASTRUCTURE, FOR AN ESTIMATED $17,612,737.00 IN RENTS AND OTHER REVENUES TO THE COUNTY OVER THE INITIAL 30-YEAR TERM, INCLUSIVE OF A SEPARATE PAYMENT OF $624,124.00 ASSOCIATED WITH TWO LEASES THAT FORM PART OF THE EXISTING PREMISES, SUBJECT TO SATISFACTION OF CONDITIONS PRECEDENT; DIRECTING THE COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO SEEK APPROVAL FROM THE TRAFFIC AND CONSULTING ENGINEERS AND FROM THE FEDERAL AVIATION ADMINISTRATION OF THE AGREEMENT; AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO EXECUTE THE LEASE, TO TAKE ALL ACTIONS NECESSARY TO EXECUTE SAME, AND TO EXERCISE ALL RIGHTS CONFERRED THEREIN, INCLUDING THE TERMINATION RIGHTS; WAIVING THE REQUIREMENTS OF IMPLEMENTING ORDER 8-4 FOR COMMISSION AUDITOR REVIEW; AND DIRECTING THE COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO PROVIDE AN EXECUTED COPY OF THE LEASE TO THE COUNTY PROPERTY APPRAISER�S OFFICE IN ACCORDANCE WITH RESOLUTION NO. R-791-14(Aviation Department)Tenant and developer for the Miami Executive Airport project.

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