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Consent to Assignment of Ground Lease for Change of Ownership From Tampa Land Holdings, LLC, to Broad Street Business Center, LLC for Property Located at 2009 South Broad Street
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BRIEF OVERVIEW
In September of 2015, Hernando County entered into a ground lease with Tampa Land Holdings, LLC for the property located at 2009 South Broad Street. Tampa Land Holdings, LLC has sold its interest in the leasehold improvements to Broad Street Business Center, LLC. As stipulated in the Lease Agreement, the Lessee is requesting that Hernando County consent to the assignment of the ground lease.
FINANCIAL IMPACT
The Airport’s revenue will not be impacted.
LEGAL NOTE
The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached Consent to Assignment of Ground Lease for Change of Ownership from Tampa Land Holdings, LLC to Broad Street Business Center, LLC.